Week 279 Review - Solid week and big Central Asia Metals dividend

A pretty good week, but some big fallers for the first time in a while. The portfolio value increased by £3,826 and reduced the deficit between cost and value to £20,064. Total portfolio value increased to £107,011 which is the best for a very long time.

Biggest loser was TRMR:Tremor dropping 9%, which isn't a surprise after last week's 46% rise as profit taking set in. I was hoping to sell during the week, but I'm only 8% up now, and I think this will return to the 21% gain I need to be able to bank £100.

SAE:Simec Atlantis Energy dropped 8% after revealing planning consents for the Uskmouth power station conversion were delayed due to more information having been requested. I don't hold out much hope for a rapid recovery, and these are down by 76% now.

ITV:ITV has had a great few weeks, but stalled this week and dropped 7%. They are still up by 36% and I really hope they feel able to re-instate the dividend.

JLP:Jubilee Metals suffered the same fate as TRMR:Tremor following last week's 51% rise. Profit takers piled in and the price dropped by 7%. I'm still holding long and strong for 40p and dividends, especially as after the drop my holding is still up 136% and the only patch of green in my ISA.

TLOU:Tlou Energy have been lacking news lately and the big buyer has dried up, so they drifted another 7% this week to go 59% down.

OPTI:Optibiotix crept up 3p from the recent lows which is 5% and around £3,350 of this week's rise. My ISA holding is still 18% down and my SIPP 21% down. I did make a decision during the week. I retained an OPTI purchase of £2,593 in my share account. It was meant to be to pay for a big holiday in Antarctica but that's going to be so expensive if it ever happens that I'll need more substantial funding than this. I thought about bedding it in my ISA, but I had a better idea. Once it gets into profit I'll gradually sell it off, liberating £500 each time. I'll then move the £500 to my trading account and effectively double the size and make it more likely that I'll have something ready to sell each week. Then I'll be satisfied with smaller gains, which has been the problem with me not flogging TRMR:Tremor when it got to £80 profit, which should have been plenty on a £500 investment. The only question is how long it will take for OPTI to get back in profit!

BLU:Blue Star Capital has been quite volatile lately. It climbed 6% this week but is still 74% down. There is still a glimmer of hope this will come good, but I still regard it as a mistake.

CAML:Central Asia Metals is justifying its position as my best-run company this week. Not only a 6% rise taking it up by 22% with £2,290 potential profit, but they paid out a £346 dividend taking my total dividend earnings from this company to £1,877. Although it's one of my magic formula shares, I'm not treating it as such, in that I won't review after 12 months and sell if it's not in the top 30 any more. I'll keep them until the inevitable buy-out.

POLR:Polar Capital Holdings have been going really great recently, and climbed another 6% this week to go 30% up and making £295 potential profits as well as £49 dividends so far. Review date for these is 23rd June.

Share of the Week is FXPO:Ferrexpo which has been responding really well to the increasing price of iron ore and China saying they are going to stop buying from Australia. They climbed 8% this week to go 51% up overall and making £513 potential profit and £65 dividends. Last January they announced a special dividend, which would be nice if they do so again.

We're closer to the cost line than the injection line for the first time in a while.

Not quite up as close to breaking even as on three other occasions this year, but moving in the right direction. Let's hope a no-deal Brexit won't ruin all that.

Here's the ISA and share portfolios

			Weekly Change
Cash	£55.95		+£50.00
Portfolio cost	£62,990.04		+£0
Portfolio sell value (bid price-commission)	£51,054.10	(-18.9%)	+£1,721.09
Potential profits	£5,872.05		-£300.00
Yr 6 Dividends	£0		+£0
Yr 6 Profit from sales	£591.81		+£0
Yr 6 Average monthly cash profit	£130.70	(2.5%)	-£7.26
Total Dividends	£1,343.15		+£0
Total Profit from sales	£21,018.42		+£0
Average monthly cash profit	£343.40	(6.5%)	-£1.24
(Sold stocks profit + Dividends - Fees  / Months)
Performance/Injection	9.9%		+0%
Compound performance	53%		+0%

Cash rose by £50 as I added some to pay for the IES:Invinity Energy open offer. In theory I'm only entitled to 3 shares, but have applied for 22 in the hope I can get to a nice round holding of 250 shares. These seem to have some momentum behind them after the merger so I'm happy to try and get a few more at 175p when the current offer price is 200p.

Potential profits slipped by £300 as JLP:Jubilee Metals lost 0.3p. It's nice and easy to calculate when you have 100,000 shares. Long term performance is still pretty good at 9.9% of injection amount per month.

Still nearer the injection line than the cost line with this one

As with the overall chart, this one is near the top of the performance metric for the last 12 months, but not quite above it.

Here's the SIPP after week 263

			Weekly Change
Cash	£468.89		+£346.62
Portfolio cost	£60,958.91		+£0
Portfolio sell value (bid price - commission)	£53,232.50	(-12.7%)	+£2,133.73
Potential profits	£3,742.27		+£617.64
Yr 6 Dividends	£346.62		+£346.62
Yr 6 Interest	£0		+£0
Yr 6 Profit from sales	£0		+£0
Yr 6 Average monthly cash profit	£476.61	(9.4%)	+£512.70
Total Dividends	£2,413.70		+£346.62
Total Interest	£0.20		+£0
Total Profit from sales	£15,459.44		+£0
Average monthly cash profit	£283.99	(5.6%)	+£4.65
(Sold stocks profit + Dividends - Fees / Months)
Performance/Injection	8.5%		+0.1%
Compound performance	43%		+1%

The CAML:Central Asia Metals dividend of £346 rescued my negative year 6 performance stats, although they look a bit wild as we're only on week 3 to they are projecting an unrealistic performance. Long term performance did tick up by 0.1% and compound performance by 1%. Potential profits climbed by a healthy £617.

This one is most definitely closer to the cost line than the injection line and looking great.

Interesting that although the first chart looks really good for this one, the performance chart is more revealing. We're actually further away form break-even compared to earlier in the year than the other accounts are. The other chart is flattered by multiple injections and tax rebates. This shows we have a way to go before improving on even the recent peaks.

The trading account looks like this after week 229

			Weekly Change
Cash	£248.36		+£12.18
Portfolio cost	£2,354.11		+£0
Portfolio sell value (bid price - commission)	£1,951.91	(-17.1%)	-£28.32
Potential profits	£39.12		-£43.68
Year 5 Dividends	£12.18		+£12.18
Year 5 Profit	£370.12		+£0
Yr 5 Average monthly cash profit	£78.89	(40.2%)	-£1.30
Dividends	£60.10		+£12.18
Profit from sales	£656.49		+£0
Average monthly cash profit	£13.56	(6.9%)	+£0.17
(Sold stocks profit + Dividends - Fees  / Months)

It's a sign of a failing trading account when you get £12 dividend. This was from CAML:Central Asia Metals, and my purchase of that was so badly timed I've now had £54 dividends from them in this account. They are only 11% down now, so hopefully I won't have to keep them in here for much longer.

The drop in TRMR:Tremor took away £43 potential profit, but improvements elsewhere meant the value only dropped by £28. I really hope I get to sell TRMR next week.

A little blip on this beautiful chart

So close to break even now. It's a hell of a turnaround in just a few weeks.

Here's my wish list

1. TLOU:Tlou Energy announce de-watering has resumed. The price is dropping back now and the silence is a little worrying.
   
2. JLP:Jubilee Metals to announce permission to process platinum rich tailings at DCM and the fine chrome plant move is completed and operational. Still nothing. I'm amazed we haven't heard anything yet. Hopefully they are planning it as a Christmas present.
   
3. OPTI:Optibiotix to get within 10% of profit. Back on the cards now and potentially achievable before christmas.
4. CMCL:Caledonia Mining reverses the down trend and gets back into profit. Nope. The price dropped 3% this week despite news that they are planning to explore a new area. That would normally cause a little tick up in the price, so I don't know what's going on here. This is my only negative magic formula share now.
   
5.  SBTX:SkinBioTherapeutics gets back into profit. Same story here. There was a 2% drop this week, but we're still only 9% down, so it could be reversed very quickly.
6. The combined portfolios get back into the black. This is getting closer. The £20K deficit could be gone before the end of January unless Brexit spoils everything.