Week 294 Review - 4D Pharma drops 15% after Nasdaq listing

Only one share increased in value this week, and there were some big falls in my largest holdings. The effect was an increase in the deficit between cost and value of £7,534 to £24,891 and a reduction in total portfolio value to £111,019.

Biggest faller was JLP:Jubilee Metals falling 21% despite great interim results. I think they were already priced in though, as a few people decided to take profits when they saw there was no exciting news included. I think the imminent commencement of copper production is pretty exciting news, but feel a little less bad about top slicing some profit when they were higher.

DDDD:4D Pharma were meant to rocket when they listed on Nasdaq, but virtually no shares have traded and traders left in droves, pushing the price down by 15%. I'm hoping that the American shares just aren't available to trade yet, which could mean the re-rate is delayed. If not then I may have made a big mistake, especially in my trading account as these could languish for some time.

IQE:IQE dropped 12% after publishing fairly underwhelming results. Glad I managed to get out of my ISA holding a few months back, but still stuck with the ones in my SIPP and trading accounts.

CMCL:Caledonia Mining dropped another 7% despite amazing results. They should announce the dividend next week so hope that reverses the decline of 22% since I bought them.

FXPO:Ferrexpo also dropped 7% but that was due to going ex-dividend for the stonking big special dividend. The initial drop was much more, but they made up part of it on Friday.

SAE:Simec Atlantis Energy dropped 6% after news that the Uskmouth power station planning application had been called in by the Welsh government. I don't really care as I've mentally written this company off.

OPTI:Optibiotix dropped 3p  and 5% despite news of another great director appointment. Most long term shareholders are in the pits of despair, but game changing news is inevitable.

Only one share went up this week, so Share of the Week is HUM:Hummingbird Resources by default. They only climbed 3% which isn't usually enough for a mention, but nothing else went up in value so it has to deserve the award.

A worrying trend downwards is developing.

Way below the trend line and a pretty solid 3 months of decline.

Here's the ISA and shares portfolio after week 34 of year 6.

			Weekly Change
Cash	£13.54		+£0
Portfolio cost	£67,058.62		+£0
Portfolio sell value (bid price-commission)	£53,727.98	(-19.9%)	-£3,796.24
Potential profits	£6,753.67		-£540.00
Yr 6 Dividends	£0		+£0
Yr 6 Profit from sales	£4,629.22		+£0
Yr 6 projected avg monthly profit	£586.18	(16.8%)	-£17.76
Total Dividends	£1,343.15		+£0
Total Profit from sales	£25,055.83		+£0
Average monthly cash profit	£385.23	(11.1%)	-£1.31
(Sold stocks profit + Dividends - Fees  / Months)
Compound performance	63%		+0%

A quiet but disastrous week

Doesn't so much fly as plummet.

The SIPP looks like this after week 278 overall and week 18 of year 6.

			Weekly Change
Cash	£207.44		+£0
Portfolio cost	£65,997.55		+£0
Portfolio sell value (bid price - commission)	£55,206.14	(-16.4%)	-£3,530.18
Potential profits	£4,423.36		-£372.83
Yr 6 Dividends	£433.05		+£0
Yr 6 Interest	£0		+£0
Yr 6 Profit from sales	£4,112.10		+£0
Yr 6 projected avg monthly profit	£1,078.07	(32.0%)	-£63.42
Total Dividends	£2,500.13		+£0
Total Interest	£0.20		+£0
Total Profit from sales	£19,571.54		+£0
Average monthly cash profit	£333.32	(9.9%)	-£1.21
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	53%		+0%

Almost the same as the ISA, and a relief the potential profits didn't drop by more.

The trading account looks like this after week 244 overall and week 36 of year 5

			Weekly Change
Cash	£259.74		+£0
Portfolio cost	£2,374.14		+£0
Portfolio sell value (bid price - commission)	£1,604.56	(-32.4%)	-£208.55
Potential profits	£0.00		+£0
Year 5 Dividends	£12.18		+£0
Year 5 Profit	£651.51		+£0
Yr 5 projected avg monthly profit	£79.89	(40.4%)	-£2.28
Dividends	£60.10		+£0
Profit from sales	£937.88		+£0
Average monthly cash profit	£17.72	(9.0%)	-£0.08
(Sold stocks profit + Dividends - Fees  / Months)

One of the biggest drops ever for the trading account. Very depressing.

I waited till late Sunday to update this as it's so bloody horrible. I haven't got the least interest in writing anything else.