As mentioned above, the biggest loser was MTFB:Motif Bio, dropping 16% of my original purchase price and now standing at a 74% loss with no short term prospect of recovery and a real chance of going bust. That eventuality would cost me £2,500 so I'm really hoping they can get funding to continue. It's so frustrating when they have a drug that passed Phase III tests and could save many lives.
IKA:Ilika had a bad week dropping 7% to go 32% down altogether after it seemed like a recovery was on the cards.
VRS:Versarien fell 5% and is now approaching top-up territory, as I said I would buy more if they went below 100p.
OPTI:Optibiotix also dropped 5% which contributed to most of this week's losses. The 3p drop cost me £2,460 in paper profits.
TEK:Tekcapital is finally looking like it may recover to profit, climbing 7% and showing some momentum. It's still 30% down but has been rising fast.
JLP:Jubilee Metals is really volatile at the moment, and climbed 9% this week to go only 28% down. That's a much better position for one of my biggest shares.
Gold has rallied and so has CEY:Centamin, climbing 8% of purchase price in my ISA, but 11% of purchase price in my SIPP which earns it Share of the Week. I wish I could have bought more in the 80p zone as this was so clearly going to bounce back.
Not good.
Back below the trend line which is steepening more in the wrong direction each week.
Here's the performance of the ISA and share portfolios
| Weekly Change | |||
| Cash | £23.23 | -£3.75 | |
| Portfolio cost | £57,827.12 | +£0 | |
| Portfolio sell value (bid price - commission) | £54,042.38 | (-6.5%) | -£1,517.31 |
| Potential profits | £6,818.27 | -£1,512.90 | |
| Yr 4 Dividends | £88.07 | +£0 | |
| Yr 4 Profit from sales | £1,606.13 | +£0 | |
| Yr 4 Average monthly cash profit | £163.16 | (3.4%) | -£4.17 |
| Total Dividends | £1,326.40 | +£0 | |
| Total Profit from sales | £20,303.25 | +£0 | |
| Average monthly cash profit | £464.65 | (9.6%) | -£2.42 |
| (Sold stocks profit + Dividends - Fees / Months) |
Monthly fees reduced cash and all the drop was down to reduced paper profits.
Very similar to the overall chart.
Just on the trend line which isn't good enough.
The SIPP looks like this after week 184
| Weekly Change | |||
| Cash | £84.80 | -£336.70 | |
| Portfolio cost | £41,248.68 | +£520.54 | |
| Portfolio sell value (bid price - commission) | £41,541.70 | (0.7%) | -£814.46 |
| Potential profits | £4,522.29 | -£1,120.80 | |
| Yr 4 Dividends | £361.99 | +£0 | |
| Yr 4 Interest | £0.07 | +£0 | |
| Yr 4 Profit from sales | £732.65 | +£0 | |
| Yr 4 Average monthly cash profit | £155.24 | (4.5%) | -£8.34 |
| Total Dividends | £1,704.24 | +£0 | |
| Total Interest | £0.10 | +£0 | |
| Total Profit from sales | £11,277.57 | +£0 | |
| Average monthly cash profit | £296.93 | (8.6%) | -£2.01 |
| (Sold stocks profit + Dividends - Fees / Months) |
Portfolio cost went up £511 as I added £200 to my dividend to top up on 230 shares in CAML:Central Asia Metals at 221.125p costing £520.54. I had to buy more at these stupidly low prices. It takes my holding in this mega dividend paying company to 3,902 shares costing £7,652 and currently making £802 (10%) paper profit. However if you add the £1,280 dividends over the last 4 years, it's up by 27%. It makes up 8.3% of my portfolio cost so there's room to buy more.
Profits were hammered thanks to OPTI:Optibiotix and CAML:Central Asia Metals both dropping. CEY:Centamin helped reduce the impact, wiping all it's losses and going into profit, so the portfolio only lost £814 in value. Average performance stats dropped a bit more than usual due to the £16 monthly fee.
Nearly back in the red
Oh dear...
The dreaded trading account looks like this after week 150
| Weekly Change | |||
| Cash | £35.04 | +£0 | |
| Portfolio cost | £2,321.29 | +£0 | |
| Portfolio sell value (bid price - commission) | £1,495.54 | (-35.6%) | +£11.37 |
| Potential profits | £0 | +£0 | |
| Year 3 Dividends | £33.57 | +£0 | |
| Year 3 Profit | £177.06 | +£0 | |
| Yr 3 Average monthly cash profit | £19.84 | (10.3%) | -£0.44 |
| Dividends | £34.72 | +£0 | |
| Profit from sales | -£64.29 | +£0 | |
| Average monthly cash profit | -£0.85 | (-0.4%) | +£0.01 |
| (Sold stocks profit + Dividends - Fees / Months) |
It's gone up! Horrible to see that after nearly 3 years I'm still losing money with this account. What a complete disaster. Every time one of the shares looks like moving to profit, something unexpected happens and it plummets. I just wish I could get that elusive £65 profit to move it into the black.
My ambition is to get the injection line down to £0. I seeded the account with £2,000 on an interest free loan. The idea was I'd make loads of money, but I would have made more putting it in a building society account. Trading is hard, especially when you're shit at it.
That's actually a more encouraging chart than the last one. Performance is better now than it's been for the last 6 months.
The blog is a week late as I went to Iceland last week. Now time to write this weeks...
No comments:
Post a Comment