Friday 29 March 2019

Week 190 Review- Very dull and down another £1K

There were hardly any major movers this week, with just a very gradual drip downwards throughout most of the portfolio. The drop came to £918 so the deficit has widened to £6,597 and portfolio value is down to £91,465.

Only major faller was MAIS:Maistro which dropped 5% and my minuscule holding is now worth £1.96. Part of me wishes it would fold just so I don't have to report on it any more.

IQE:IQE was hammered last week but recovered 5% against purchase price in my SIPP and 7% in my trading account as I bought it much cheaper in there. We need news on 5G supply and the new reactors to be operational before there's any recovery. My biggest fear is they will be bought out while the price is so low.

RED:RedT Energy wins Share of the Week. The price has sneaked up 6% and now matches the open offer price. I have taken up the open offer as I get over 1,000 shares for £28 and there is no commission. Why the hell not?




It's now 9 weeks of misery with just that one week that gave me false hope.




The trend line will soon be flat!

The ISA and share portfolios look like this



Weekly Change
Cash £59.28
+£35.00
Portfolio cost £57,246.22
+£0
Portfolio sell value (bid price - commission) £50,941.64 (-11%) -£612.96
Potential profits £5,801.37
-£505.96
Yr 4 Dividends £60.50
+£0
Yr 4 Profit from sales £1,077.60
+£0
Yr 4 Average monthly cash profit £141.71 (3%) -£4.29
Total Dividends £1,298.83
+£0
Total Profit from sales £19,774.72
+£0
Average monthly cash profit £476.68 (10%) -£2.53
(Sold stocks profit + Dividends - Fees / Months)

I added £35 cash to cover the RED:RedT Energy open offer and the next few monthly charges. Aside from that the losses were deeper than the reduced potential profit as most things ticked down.




Same story as overall performance




The trend line will be flat here before it is on the overall chart.

The SIPP looks like this after week 174



Weekly Change
Cash £93.07
+£0
Portfolio cost £38,324.77
+£0
Portfolio sell value (bid price - commission) £38,855.66 (1.4%) -£359.50
Potential profits £4,914.46
-£303.79
Yr 4 Dividends £0
+£0
Yr 4 Interest £0.04
+£0
Yr 4 Profit from sales £484.30
+£0
Yr 4 Average monthly cash profit £106.60 (3.3%) -£6.21
Total Dividends £1,342.25
+£0
Total Interest £0.07
+£0
Total Profit from sales £11,029.22
+£0
Average monthly cash profit £299.94 (9.4%) -£1.74
(Sold stocks profit + Dividends - Fees / Months)

Not really much of a drop, and once again losses deepened more than paper profits reduced.




I have a horrible feeling it's going to cross the line next week.




This one's keeping the trend line pointing upwards, but for how much longer?

The trading account looks like this after week 140



Weekly Change
Cash £18.80
+£0
Portfolio cost £2,321.29
+£0
Portfolio sell value (bid price - commission) £1,497.49 (-35.5%) +£43.97
Potential profits £0
+£0
Year 3 Dividends £17.33
+£0
Year 3 Profit £177.06
+£0
Yr 3 Average monthly cash profit £23.40 (12.1%) -£0.67
Dividends £18.48
+£0
Profit from sales -£64.29
+£0
Average monthly cash profit -£1.42 (-0.7%) +£0.01
(Sold stocks profit + Dividends - Fees / Months)

Apart from LION:Lionsgold which is still suspended and may never be seen again, every share was slightly up this week. It was only a £43 improvement, but maybe there's light at the end of the very long tunnel.




Can we get back to the upward trend?




Come on chart - drag that line back upwards!

That's it. I'm feeling a sense of gloom that nothing seems to be going right at the moment. Let's hope my pension transfer comes through next week and I get to spend £2,200 while things are cheap.

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