Worst performer was magic formula share PAY:Paypoint which fell 7% and is now only 3% in profit. I don't know why there has been a drop, as they announced the acquisition of RSM2000, which moves them into the card payment arena. I would have expected a tick upwards rather then a big drop. I still see this as adding value and my review date for these isn't until the end of July, so they have plenty of time to come good.
DDDD:4D Pharma fell 5% in my ISA mainly due to spread and commission after I bought a load. In the ISA I sold my IQE:IQE shares for £113.45 (4.9%) profit. Not as much as I wanted, but I thought the timing was right for buying DDDD:4D Pharma. I bought 1,637 shares at 134.3475p costing £2,211.22. My timing wasn't actually right as they dropped to 129.5p bid price. In my SIPP I sold ITX:Itaconix because I wasn't absolutely convinced they could keep their recent gains. I made £202.46 (19.6%) profit and bought 954 DDDD shares at 134.9182p costing £1,299.07. That takes my total holding to 4,221 shares costing £5,517 not including my trading account shares. These are now banked for the long term and will be held as tightly as my OPTI:Optibiotix shares, and added to if the opportunity arises.
HUM:Hummingbird Resources has been a complete disaster and dropped another 5% this week. Why I continue to buy these tin pot little companies I really do not know. I'm now stuck with them until there's a major rally in the gold price.
Not much good news this week, but POLR:Polar Capital Holdings climbed another 6% to go 30% up and making £303 potential profit with another £66 in dividends received so far. I'm very happy with this one.
Share of the Week goes to FXPO:Ferrexpo which is on a great run and climbed another 13% this week to go 76% up, making £768 potential profit and having paid out £101 dividends. This is a shining example for the benefits of the magic formula system for finding good quality cheap chares. Just one more month and I get to transfer another £2,000 from my work pension and re-calculate my ranking list to find the next 2 companies to add.
I was rather hoping we'd bounce back above the red line but it wasn't to be.
Still above the trend line which is nice.
Here's the ISA and shares portfolio after week 28 of year 6
| Weekly Change | |||
| Cash | £91.41 |
+£62.21 | |
| Portfolio cost | £63,060.54 | +£51.25 | |
| Portfolio sell value (bid price-commission) | £59,067.29 | (-6.3%) | -£1,582.60 |
| Potential profits | £8,372.05 | -£58.23 | |
| Yr 6 Dividends | £0 | +£0 | |
| Yr 6 Profit from sales | £705.26 | +£113.45 | |
| Yr 6 projected avg monthly profit | £105.09 | (3.0%) | +£14.32 |
| Total Dividends | £1,343.15 | +£0 | |
| Total Profit from sales | £21,131.87 | +£113.45 | |
| Average monthly cash profit | £334.27 | (9.6%) | +£0.55 |
|
(Sold stocks profit + Dividends - Fees / Months) |
|||
| Compound performance | 53% | +0% |
Cash up slightly as I wanted a bit of a buffer when I re-invested the IQE:IQE sale. Tiny profit from IQE has raised long term performance by 55p a month. Profits are almost flat as JLP:Jubilee Metals didn't change this week and portfolio value drop is mainly OPTI:Optibiotix.
Pretty much the same as the combined chart.
Ditto
The SIPP looks like this after week 272 overall and week 12 of year 6.
| Weekly Change | ||||
| Cash | £234.46 | -£75.75 | ||
| Portfolio cost | £63,887.47 | +£266.26 | ||
|
Portfolio sell value (bid price - commission) |
£61,446.31 | (-3.8%) | -£966.45 | |
| Potential profits | £4,959.78 | +£193.14 | ||
| Yr 6 Dividends | £419.17 | +£0 | ||
| Yr 6 Interest | £0 | +£0 | ||
| Yr 6 Profit from sales | £2,375.35 | +£202.46 | ||
| Yr 6 projected avg monthly profit | £991.08 | (29.7%) | -£10.34 | |
| Total Dividends | £2,486.25 | +£0 | ||
| Total Interest | £0.20 | +£0 | ||
| Total Profit from sales | £17,834.79 | +£202.46 | ||
| Average monthly cash profit | £313.06 | (9.4%) | +£2.08 | |
|
(Sold stocks profit + Dividends - Fees / Months) |
||||
| Compound performance | 49% | +0% |
The opposite to the ISA in that I ended up with less cash after re-investing the ITX:Itaconix sale. That had a slightly better long term improvement of £2 per month and potential profits went up thanks to the magic formula shares, which reduced the impact of the losses from OPTI:Optibiotix.
A familiar pattern
Looking forward to getting past March so that nasty low point is off the chart and I can raise the lower axis to -£20,000
The trading account looks like this after week 238 overall and week 30 of year 5
| Weekly Change | |||
| Cash | £249.58 | +£0 | |
| Portfolio cost | £2,364.43 | +£0 | |
| Portfolio sell value (bid price - commission) | £1,865.59 | (-21.1%) | +£6.17 |
| Potential profits | £0 | +£0 | |
| Year 5 Dividends | £12.18 | +£0 | |
| Year 5 Profit | £631.65 | +£0 | |
| Yr 5 projected avg monthly profit | £93.00 | (47.2%) | -£3.20 |
| Dividends | £60.10 | +£0 | |
| Profit from sales | £918.02 | +£0 | |
| Average monthly cash profit | £17.81 | (9.0%) | -£0.07 |
|
(Sold stocks profit + Dividends - Fees / Months) |
So upsetting that I can't continue my good run of form and bank some more profits. I tiny tick up this week mainly thanks to CAML:Central Asia Metals which is only 6% down. DDDD:4D Pharma is even better at only 5% down so there's hope that I can sell something soon.
Need to get back to that nice pattern we've enjoyed for the majority of this year.
Below the trend line! Bad!
It feels great to have made a reasonably significant investment in DDDD:4D Pharma now. Although I had a bit of fun trading it and made £2,258 profit, I've learnt to my cost with SBTX:SkinBioTherapeutics that it's very stressful being out of a share you really like and are certain of great things in the long term. I should trade with my trading account and stick to long term investing with my main accounts.
I just have the big problem of how the hell
I'm going to get back into SBTX as there's no way I'm paying 40p! I just have
to keep reminding myself that OPTI:Optibiotix own a quarter of the company so
I am invested indirectly. My biggest fear is that they are doing what OPTI did
when they went above 130p only to plummet and hold in the 50p to 70p range for
years. I think 40p is at the very top of the range SBTX is likely to stay in
until profitable. Just got to remember it's better to be out of a share
wishing you were in, than to be in a share wishing you were out.
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