Worst performer was MMX:Minds + Machines, which despite pretty good results had a bit of a turn-off for the market and dropped 13%. I'm sure this will recover quickly, as the promise from their new .luxe domain and the newly purchased company should mean good profits.
There was a big clutch of shares that dropped by 5% this week. SBTX:SkinBioTherapeutics fell for no apparent reason, RED:RedT Energy is very volatile at the moment and this was probably down to profit taking, TND:Tandem Group swung to a loss in their interims so I'm surprised the drop wasn't greater, IQE:IQE are still being savaged by shorters and PAF:Pan African Resources are up and down a bit but when their new project starts producing could double quite quickly - I hope.
Three of my biggest holdings had a great week. MTFB:Motif Bio climbed 6% on the back of an announcement that one of their biggest shareholders, Amphion Innovations, has sorted out their short term financial issues and probably won't have to dump millions of shares on the market.
CAML:Central Asia Metals also climbed 6% and seem to be in recovery mode as more people expect the price of copper to start rising again.
OPTI:Optibiotix climbed 6p which is massive and accounts for most of the rise. That's 9% and makes me very happy.
Share of the Week is surprisingly N4P:N4 Pharma which crashed after the disaster with their re-formulated drugs failing tests. An announcement that things are moving with regulatory apptoval for their drug delivery system resulted in a 10% climb, but they are still 74% down on my purchase price so not looking good.
Nice kick back, and less miserable at only being about £18K down on what I was a few weeks ago instead of £25K.
Here's the performance of the ISA and share accounts
| Weekly Change | |||
| Cash | £6.61 | +£0 | |
| Portfolio cost | £56,958.55 | +£0 | |
| Portfolio sell value (bid price - commission) | £65,978.01 | (15.8%) | +£2,826.01 |
| Potential profits | £16,723.99 | +£3,154.99 | |
| Yr 4 Dividends | £29.56 | +£0 | |
| Yr 4 Profit from sales | £814.53 | +£0 | |
| Yr 4 Average monthly cash profit | £453.15 | (9.5%) | -£64.74 |
| Total Dividends | £1,267.89 | +£0 | |
| Total Profit from sales | £19,511.65 | +£0 | |
| Average monthly cash profit | £544.98 | (11.5%) | -£3.35 |
| (Sold stocks profit + Dividends - Fees / Months) |
Paper profits up thanks to OPTI:Optibiotix, but £300 was wiped out by deepening losses from all the 5% drops. Still way over my long term 10% target so no inclination to sell anything.
Pretty much the same as the combined chart. At least the trend line is much happier than it was a few months ago.
The SIPP looks like this after week 148
| Weekly Change | |||
| Cash | £42.83 | +£0 | |
| Portfolio cost | £27,893.76 | +£0 | |
| Portfolio sell value (bid price - commission) | £33,850.08 | (21.4%) | +£1,373.61 |
| Potential profits | £9,517.46 | +£1,580.59 | |
| Yr 3 Dividends | £292.57 | +£0 | |
| Yr 3 Profit from sales | £1,619.73 | +£0 | |
| Yr 3 Average monthly cash profit | £177.42 | (7.6%) | -£4.13 |
| Total Dividends | £1,208.67 | +£0 | |
| Total Profit from sales | £10,544.92 | +£0 | |
| Average monthly cash profit | £336.57 | (14.5%) | -£2.29 |
| (Sold stocks profit + Dividends - Fees / Months) |
Similar story to the above - potential profit up more than value as deepening losses, mainly in IQE:IQE ate some of the rise.
Not much increase in cost, but value progressing very nicely.
The trading account looks like this after week 114
| Weekly Change | |||
| Cash | £151.47 | +£0 | |
| Portfolio cost | £2,321.29 | +£0 | |
| Portfolio sell value (bid price - commission) | £1,900.01 | (-18.1%) | -£18.44 |
| Potential profits | £102.96 | -£5.04 | |
| Year 3 Dividends | £0 | +£0 | |
| Year 3 Profit | £177.06 | +£0 | |
| Yr 3 Average monthly cash profit | £76.73 | (39.7%) | -£8.52 |
| Dividends | £1.15 | +£0 | |
| Profit from sales | -£64.29 | +£0 | |
| Average monthly cash profit | -£2.40 | (-1.2%) | +£0.02 |
| (Sold stocks profit + Dividends - Fees / Months) |
Some ups and some downs resulted in a net down. I've made a decision that I'm going to leave the max number of shares I own at 5 in this account. Any profit I make will be filtered out to my bank account, as I have a big holiday to pay for. As I remove cash from the account, the injection amount will drop. I'll still make sure there is always enough to spend £500 on the next share.
Hmm - gradual but relentless drop in value!
Bad idea to write this on a Saturday evening. I'm ravenous and there's a pizza and bottle of malbec with my name on it. No time for idle speculation as to what next week will bring.
No comments:
Post a Comment