An utterly horrible week. Big falls in most of my larger holdings and an inexplicable fall in OPTI:Optibiotix considering the wealth of good news. Every time I think things are turning around they go crashing back down again. This week the deficit between cost and value widened by £6,817 to £29,705 and the portfolio value dropped to £90,900.
Biggest faller was JLP:Jubilee Metals which suffered panic selling when the general market declined and weak holders couldn't bear to see their profits dwindle. They plummeted 16% which hammered my potential profits. They are still 20% up in my ISA but another week like this will see all my profits wiped out.
FXPO:Ferrexpo have dropped 13% and are back making a loss at 4% down. I don't see any reason for it other than the general market dive.
OPTI:Optibiotix fell 4p despite last week's SweetBiotix announcement and this week's announcement of a Slimbiome Medical deal in the US, along with really good half yearly results. How on earth can those lead to a 7% fall when there's no profits to take as we've not had any sort of spike to enable profits to be taken. I'm feeling exasperated.
IQE:IQE just won't recover! They fell another 6% this week and are 33% down in my ISA and much, much worse in my SIPP.
CAML:Central Asia Metals didn't release any news on the SASA pollution incident or the dividend reinstatement and the shares slipped another 5% to go 20% down. This is another share price that's leaving me completely bewildered.
It wasn't blanket bad news, as TRMR:Tremor climbed 5%, although they are still 46% down so not much hope of selling them any time soon.
Share of the Week yet again is DDDD:4D Pharma, although only an 11%
rise this week a shadow of last week's 73%. They are now 236% up and making
£3,436 potential profit.
Not quite down as far as the week before last but still makes me miserable.
Just above the trend line which is still pointing downwards.
The ISA and share portfolios look like this
| Weekly Change | |||
| Cash |
£6.98 |
+£0 | |
| Portfolio cost | £62,366.49 | +£0 | |
| Portfolio sell value (bid price-commission) | £43,664.02 | (-30.0%) | -£3,869.03 |
| Potential profits | £1,225.79 | -£995.04 | |
| Yr 6 Dividends | £0 | +£0 | |
| Yr 6 Profit from sales | £0 | +£0 | |
| Yr 6 Average monthly cash profit | -£4.06 | (-0.1%) | +£0.58 |
| Total Dividends | £1,343.15 | +£0 | |
| Total Profit from sales | £20,426.61 | +£0 | |
| Average monthly cash profit | £348.11 | (6.7%) | -£1.31 |
|
(Sold stocks profit + Dividends - Fees / Months) |
|||
| Performance/Injection | 10.0% | -0.1% | |
| Compound performance | 52% | +0% |
General misery as the value drops by £3,869 and even more misery as JLP:Jubilee Metals loses £995 of potential profits. Reading the bulletin boards even long term holders are panicking and selling up. I guess they'll get to buy in again at a cheaper price, but it's a risky move and not one I'm willing to make.
Almost back down to the injection line
Only just above the trend line which I suspect is about to take a steeper dive downwards as we lose the lows from 12 months ago.
The SIPP looks like this after week 252
| Weekly Change | ||||
| Cash | £64.44 | +£0 | ||
| Portfolio cost | £55,593.53 | +£0 | ||
|
Portfolio sell value (bid price - commission) |
£45,655.84 | (-17.9%) | -£2,914.40 | |
| Potential profits | £3,903.56 | -£294.10 | ||
| Yr 5 Dividends | £96.37 | +£0 | ||
| Yr 5 Interest | £0.03 | +£0 | ||
| Yr 5 Profit from sales | £212.32 | +£0 | ||
| Yr 5 Average monthly cash profit | £16.19 | (0.3%) | -£0.37 | |
| Total Dividends | £1,995.61 | +£0 | ||
| Total Interest | £0.20 | +£0 | ||
| Total Profit from sales | £12,761.31 | +£0 | ||
| Average monthly cash profit | £243.66 | (5.3%) | -£0.97 | |
|
(Sold stocks profit + Dividends - Fees / Months) |
||||
| Performance/Injection | 7.8% | -0.1% | ||
| Compound performance | 38% | +0% |
Huge drop of £2,914 but only a tiny drop of £294 in potential profits
thanks to DDDD:4D Pharma soaking up the drops elsewhere. I was hoping
some dividends would arrive this week but they haven't reached my account.
They should appear next week.
Back to about the half-way point between orange and red.
Still £10k underwater and bouncing along in a £4k range
The trading account looks like this after week 218
| Weekly Change | |||
| Cash | £220.72 | +£0 | |
| Portfolio cost | £2,354.16 | +£0 | |
| Portfolio sell value (bid price - commission) | £1,288.81 | (-45.3%) | -£34.15 |
| Potential profits | £0 | +£0 | |
| Year 5 Dividends | £0 | +£0 | |
| Year 5 Profit | £154.70 | +£0 | |
| Yr 5 Average monthly cash profit | £67.03 | (34.2%) | -£7.45 |
| Dividends | £47.92 | +£0 | |
| Profit from sales | £441.07 | +£0 | |
| Average monthly cash profit | £9.72 | (5.0%) | -£0.04 |
|
(Sold stocks profit + Dividends - Fees / Months) |
Another bad week with nearly everything dropping and £34 wiped off the value.
This account is well and truly frozen up again for the forseeable future after
a brief flurry of success was ended by my stupi mis-reading of what was about
to happen to the TLOU:Tlou Energy share price.
Properly falling away now
Well below the trend line just as it was starting to point the right way.
I shudder to think how bad my wish list has fared
- SBTX to drop in price to 16p. It's down from 20p to 17.5p this week so getting really close. Unfortunately JLP:Jubilee Metals has dropped as well so I don't really want to sell them until they have recovered a bit. Back end of next week would be perfect for both to align.
- TLOU:Tlou Energy announce de-watering has resumed. No sign of any progress and the share price continues to slide.
-
IQE:IQE increase another 5% so we get a gradual climb to 100p.
Another drop this week so I think I'll ditch this wish, as it's clearly
going to remain volatile for the next few months..
- Six SIPP shares to stay in potential profit. Not just POLR:Polar Capital Holdings letting the side down, dropping another 2%, but FXPO:Ferrexpo has dropped to a 4% loss so I can't even keep my magic formula shares in profit..
- JLP:Jubilee Metals to announce permission to process platinum rich tailings at DCM. Still no sign and the share price is sliding as people take profits.
- OPTI:Optibiotix to get within 10% of profit. I only brought this one back last week as it was looking on the cards. Instead we went the other way despite really strong interims. I'm keeping this one because I'm so desperate for it to happen.
-
CAML:Central Asia Metals re-instate their dividend. No news on the
costs of the tailings leak clean up, but hopefully we'll get news next
week.
- MMX:Minds + Machines announce their maiden dividend. Results are out on Wednesday, so this is the wish that's most likely to come true next week.
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