Week 291 Review - Another rubbish week with Tlou Energy the only ray of light

Another really bad week across the board with big losses for all my largest holdings. The impact was a drop of £6,802 taking the deficit between cost and value to £19,409 and reducing portfolio value to £113,308.

Biggest loser was DDDD:4D Pharma which is particularly irritating seeing as I bought a load in anticipation of a rise into the Nasdaq listing. They dropped 11% and all my holdings are now at a loss.

JLP:Jubilee Metals also dropped 11% so I was slightly relieved that I top sliced another 10,000 for 15.911p making £1,151.75 (262,1%) profit and liberating £1,582 which I used to buy 3,147 shares in OPTI:Optibiotix at 51.8p costing £1,639.10 and bringing my ISA weighted average down to 61.88p. This was a result of getting enthused by the investor presentation, which nobody else must have been watching as nobody else bought any and the share price dropped 3p this week.

CMCL:Caledonia Mining has been an utter catastrophe since I bought it as a magic formula share and then bought more on the dip, just before it dipped some more. They dropped another 7% this week and are 23% down now. Their PE ratio is 4.7 for goodness sake!

IES:Invinity Energy looked like it was turning around, but a second week of big losses saw it drop another 5% to go 71% down with no sign of imminent recovery.

TRX:Tissue Regenix have been on a bit of a roll lately, but this week dropped 5%. The fact they are only 59% down when they have been 98% down is still a hopeful sign.

Only one share with 5% or more gain this week, so Share of the Week goes to TLOU:Tlou Energy which climbed an amazing 20% as it appears tangible progress is being made and we might end up producing electricity.

Rubbish

Dire

Here's the ISA and shares portfolio after week 31 of year 6.

			Weekly Change
Cash	£9.99		-£60.70
Portfolio cost	£64,600.12		+£1,208.69
Portfolio sell value (bid price-commission)	£55,195.74	(-14.6%)	-£3,700.08
Potential profits	£8,932.86		-£1,588.96
Yr 6 Dividends	£0		+£0
Yr 6 Profit from sales	£2,167.17		+£1,151.74
Yr 6 projected avg monthly profit	£298.74	(8.6%)	+£155.86
Total Dividends	£1,343.15		+£0
Total Profit from sales	£22,593.78		+£1,151.74
Average monthly cash profit	£352.54	(10.1%)	+£15.94
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	57%		+3%

Bad week for the portfolio, but great to see long term performance back above the 10% target. I really need the OPTI:Optibiotix share price to recover else there's a risk I'll keep selling my profitable holdings to buy more, and I'd really rather keep the rest of my JLP:Jubilee Metals shares.

The SIPP looks like this after week 275 overall and week 15 of year 6.

			Weekly Change
Cash	£190.57		-£37.63
Portfolio cost	£65,302.73		+£597.55
Portfolio sell value (bid price - commission)	£55,920.87	(-14.4%)	-£3,037.02
Potential profits	£4,379.88		-£448.77
Yr 6 Dividends	£419.17		+£0
Yr 6 Interest	£0		+£0
Yr 6 Profit from sales	£3,714.29		+£539.08
Yr 6 projected avg monthly profit	£1,174.76	(35.2%)	+£77.80
Total Dividends	£2,486.25		+£0
Total Interest	£0.20		+£0
Total Profit from sales	£19,173.73		+£539.08
Average monthly cash profit	£330.47	(9.9%)	+£7.05
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	52%		+1%

Massive drop in value but fortunately a much smaller drop in potential profits, especially given I cashed in some profit. I sold 761 CAML:Central Asia Metals shares for 255.3p and made £539.08 (38.3%) profit. It still leaves me with 4,500 shares but liberated £1,934.11 which I used to buy 3,764 shares in OPTI:Optibiotix for 52.7p costing £1,992.58. it tales my OPTI holding to above 140,000 shares, which is a bit scary, but I still believe this is going to be a seriously good investment.

The sale was almost enough to get my long term performance back to 10%, but not quite. It does however mean that if I sell nothing else in the SIPP for the next 37 weeks, I'll still have made 10.1% in year 6.

The trading account looks like this after week 241 overall and week 33 of year 5

			Weekly Change
Cash	£249.58		+£0
Portfolio cost	£2,364.43		+£0
Portfolio sell value (bid price - commission)	£1,741.38	(-26.4%)	-£65.41
Potential profits	£0		+£0
Year 5 Dividends	£12.18		+£0
Year 5 Profit	£631.65		+£0
Yr 5 projected avg monthly profit	£84.54	(42.9%)	-£2.65
Dividends	£60.10		+£0
Profit from sales	£918.02		+£0
Average monthly cash profit	£17.59	(8.9%)	-£0.07
(Sold stocks profit + Dividends - Fees / Months)

Similar story here too. Lots of losses and we're back to being miles off selling anything.

Nothing else to say this week. I'm annoyed and miserable that just as it looked like I was about to break into the black it's all gone sour again. All charts are below the trend line and there's no sign that anything is going to change for the better. I'll just wallow in misery for a bit.