This was one of the best weeks ever for the majority of my shares, but OPTI:Optibiotix tried its hardest to spoil things by dropping 2p. Normally that would have guaranteed a big loss for the week, but not this week as everything else performed so well and we ended up with the deficit between cost and value decreasing by £1,428. That reduced the deficit to £23,891 and total value increased to £102,412, although that includes a £2,000 pension transfer.
For the second week in a row there were no drops of 5% or more.
IQE:IQE continued their gradual improvement with a 6% rise, so amazingly my ISA holding is only down by 8%. I'd love to be able to sell this and move it to SBTX:SkinBioTherapeutics or DDDD:4D Pharma while both are still bargains.
CMCL:Caledonia Mining is my only magic formula share losing money, but had a reversal of fortune this week to climb by 7%. They are still 18% down but hugely undervalued, so I'm confident they will soon join the others in profit.
CAML:Central Asia Metals has been recovering really well after the selling pressure from a large institutional investor stopped and the price of copper started rising. They climbed another 8% this week to go 16% up and making £1,712 potential profit. So glad I bought loads ore of these when they were so cheap. Big dividend coming soon too.
ITV:ITV have been superb ever since I bought them. Another 9% rise this week sees them up by 43% and making £438 potential profit. I have to hold these until October next year if I stick with the magic formula rule of holding for at least a year. Just hoping for a reinstatement of the dividend now.
FXPO:Ferrexpo had a rocky start and are still a bit high risk, but this week soared by 30% to go 43% in the black and making £434 potential profits, along with £65 dividends so far. In previous years they have declared a special dividend in January. I get to review these next May so may be able to realise some profit if they keep going this well.
Normally a 30% rise would have got FXPO:Ferrexpo Share of the Week, but not this week. Even TRMR:Tremor doesn't win it with a massive 46% rise in my trading account. Stellar results led to the long-awaited re-rate and my holding is now up by 17% and making £82 potential profit. I'm really hoping this will go up to my target 367.5p which is another 14.5p. That gives me £100 to take out into my bank account.
Share of the Week is JLP:Jubilee Metals, which climbed a staggering 51% as the market finally sees how much revenue they can make. My holding is now up by 143% and making £6,172 potential profit. I think the momentum will continue here, so I'm holding out for 40p and a 5% dividend of 2p a share which would be a handy income of £2,000 a year. I suspect the company will be bought out before I get the chance, but you never know.
The rise has been made to look better than it was due to a pension injection.
This is more accurate - a small tick upwards staying just above the trend line.
The ISA and share portfolios look like this
Weekly Change | |||
Cash |
£5.95 |
-£3.75 | |
Portfolio cost | £62,990.04 | +£0 | |
Portfolio sell value (bid price-commission) | £49,333.01 | (-21.7%) | +£900.53 |
Potential profits | £6,172.05 | +£2,200.00 | |
Yr 6 Dividends | £0 | +£0 | |
Yr 6 Profit from sales | £591.81 | +£0 | |
Yr 6 Average monthly cash profit | £137.96 | (2.6%) | -£9.07 |
Total Dividends | £1,343.15 | +£0 | |
Total Profit from sales | £21,018.42 | +£0 | |
Average monthly cash profit | £344.64 | (6.6%) | -£1.30 |
(Sold stocks profit + Dividends - Fees / Months) |
|||
Performance/Injection | 9.9% | +0% | |
Compound performance | 53% | +0% |
Absolutely fantastic increase in JLP:Jubilee Metals potential profits
of £2,200, but the overall value only rose by £900 thanks to
OPTI:Optibiotix dropping 2p. Cash dropped by the monthly ISA fee. It's
so painfully tempting to liberate over £10K to play with, but I have to hold
JLP:Jubilee Metals long term. I top sliced a few weeks ago to make my
£835 profit. If I'd held them I would have made £2,563. Never mind eh.
Hardly any change despite all the excitement.
As with the combined account, just staying above the trend line.
The SIPP looks like this after week 262
Weekly Change | ||||
Cash | £122.27 | -£16.38 | ||
Portfolio cost | £60,958.91 | +£1,999.72 | ||
Portfolio sell value (bid price - commission) |
£51,098.77 | (-16.2%) | +£250.18 | |
Potential profits | £3,124.63 | +£1,277.00 | ||
Yr 6 Dividends | £0 | +£0 | ||
Yr 6 Interest | £0 | +£0 | ||
Yr 6 Profit from sales | £0 | +£0 | ||
Yr 6 Average monthly cash profit | £-36.09 | (-0.7%) | -£36.09 | |
Total Dividends | £2,067.08 | +£0 | ||
Total Interest | £0.20 | +£0 | ||
Total Profit from sales | £15,459.44 | +£0 | ||
Average monthly cash profit | £279.34 | (5.5%) | -£1.34 | |
(Sold stocks profit + Dividends - Fees / Months) |
||||
Performance/Injection | 8.4% | -0.5% | ||
Compound performance | 42% | -3% |
Cash dropped by the monthly fee minus some change after the £2,000 transfer and £1,999.72 spent on 3,868 more OPTI:Optibiotix shares at the crazy bargain price of 51.39p. Potential profits soared by £1,277 but the drop in OPTI wiped out most of that and left a rise of just £250.
The injection hit my long term performance as it's compared to the injection amount. Long term monthly profit dropped 0.5% to 8.4% and compound performance dropped 3% to 42%.
As is traditional, I will report on my current OPTI:Optibiotix holding
after my latest purchase. I now have 127,106 shares costing £80,714.75. That
works out at 63.5p a share when you count commission, but I usually calculate
price before commission, which gives 63.14p a share. They are only worth 48p
now so I'm down by £19,739 which causes me rather a lot of frustration. One
day this will become spectacularly exciting. It had better be after 5 years of
holding at a loss, apart from when I could have made £40K profit if I had
sold. I could stand being patient if it wasn't for the memory of the misery of sitting and
watching that profit vanish before my eyes.
An over-exaggerated rise due to the injection.
A more realistic rise hardly reducing the deficit at all.
The trading account looks like this after week 228
Weekly Change | |||
Cash | £236.18 | +£0 | |
Portfolio cost | £2,354.11 | +£0 | |
Portfolio sell value (bid price - commission) | £1,980.73 | (-15.9%) | +£277.92 |
Potential profits | £82.80 | +£82.80 | |
Year 5 Dividends | £0 | +£0 | |
Year 5 Profit | £370.12 | +£0 | |
Yr 5 Average monthly cash profit | £80.19 | (40.9%) | -£4.22 |
Dividends | £47.92 | +£0 | |
Profit from sales | £656.49 | +£0 | |
Average monthly cash profit | £13.39 | (6.8%) | -£0.06 |
(Sold stocks profit + Dividends - Fees / Months) |
A staggering rise of £277.92, as nearly everything climbed and nothing
fell. TRMR:Tremor soared to £82 potential profit, and all being well I
can get that over £100 and sell nest week. I can actually start thinking about
buying something new again! With SBTX:SkinBioTherapeutics only 8% down
and CAML:Central Asia Metals only 15% down, this account could get
quite lively.
The nice thing about these charts is that I know I'll be able to see that rise for the next 12 months even if it drops again, and it will always make me happy.
Absolutely tore the trend line apart. Just a few hundred quid from break even,
although this account is designed to be below break even most of the time as
profits are taken too quickly to be in the black.
Let's look at the wish list
Here's my wish list
-
TLOU:Tlou Energy announce de-watering has resumed. Still nothing, and
the price was static this week so I think whoever was building a stake has
stopped. Maybe next week.
-
JLP:Jubilee Metals to announce permission to process platinum rich
tailings at DCM and the fine chrome plant move is completed and operational.
Well, the fact the share price can motor without this news makes me wonder
whether it's priced in or if the news will give it even more momentum.
- OPTI:Optibiotix to get within 10% of profit. The opposite seems to be happening ever since I established this wish.
-
CMCL:Caledonia Mining reverses the down trend and gets back into
profit. The down trend has been reversed so we're halfway there. I think it
will be a few more weeks until this comes true though.
-
SBTX:SkinBioTherapeutics gets back into profit. At least there
was no drop this week. I need it to get to 21p to sell my trading pot and
it's at 16p, so I suspect not likely next week, but I can dream.
So is this what they call the Santa Rally? I've never experienced one before
as December has generally been rubbish. This December has started very nicely
with the broader portfolio doing very well, in particular the magic formula
shares, although I guess I was lucky with timing getting them at the Covid
lows. If OPTI:Optibiotix can just wake up, then we may get the combined
portfolios back in the black. That should be added to my wish list I think, as
it's becoming achievable.
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