Biggest faller for the 2nd week in a row was JLP:Jubilee Metals, down
23% of my original purchase price costing £500 to potential profits. I don't
know why these are caught up in the miner malaise, as they are such low cost
producers they will still make huge profits at the current metals prices.
FXPO:Ferrexpo dropped even more than last week when they went
ex-dividend, falling 11% this week to go 22% down since I bought them. They
were in profit a few weeks ago so this has been an absolute hammering.
CAML:Central Asia Metals are another low cost producer that were
caught up in the metals slide, falling 10% this week. They are still 19% up
overall, but I'm glad I took out some profits before the drop. If they fall
any further I'll be wanting to buy some more.
OPTI:Optibiotix are getting a bit more momentum, climbing 5% this
week. I think there's a growing sense of anticipation that Sweetbiotix news
isn't far away, and when that hits we'll need to buckle up.
Share of the Week is PLUS:Plus500 which climbed 8% and is only 5%
down now. The rise came on a good trading update and nice hike to the
dividend, so I'm hopeful these will be one of the more well behaved magic
formula shares.
Not quite back up to where we were 2 weeks ago, but not far short.
Back to being tantalisingly close to crossing the trend line
Here's the ISA and shares portfolio after week 3 of year 7.
| Weekly Change | |||
| Cash | £31.58 |
+£0 | |
| Portfolio cost | £68,170.47 | +£0 | |
| Portfolio sell value (bid price-commission) | £57,015.22 | (-16.4%) | +£1,932.83 |
| Potential profits | £4,924.08 | -£500.00 | |
| Yr 7 Dividends | £0 | +£0 | |
| Yr 7 Profit from sales | £0 | +£0 | |
| Yr 7 projected avg monthly profit | £0 | (0%) | +£0 |
| Total Dividends | £1,343.15 | +£0 | |
| Total Profit from sales | £24,123.94 | +£0 | |
| Average monthly cash profit | £346.47 | (9.5%) | -£1.10 |
|
(Sold stocks profit + Dividends - Fees / Months) |
|||
| Compound performance | 57% | +0% |
£500 drop in potential profits thanks to JLP:Jubilee Metals, but £1,932 better off despite this. Long term performance holding up but no prospect of selling anything for a while.
Still trapped in the channel
A good week next week and we may cross the trend line
The SIPP looks like this after week 299 overall and week 39 of year 6.
Profits slightly down thanks to the big hit on CAML:Central Asia Metals and ASHM:Ashmore Group went back to a loss too. Better news for IGG:Ig Group which climbed to £62 (6%) profit, and TLOU:Tlou Energy which also went back to profit by £69 (3%). Long term performance is good enough not to want to sell anything.
Looking a bit more promising.
So close to getting back above the trend line.
The SIPP looks like this after week 299 overall and week 39 of year 6.
| Weekly Change | ||||
| Cash | £296.52 | +£0 | ||
| Portfolio cost | £76,342.81 | +£0 | ||
|
Portfolio sell value (bid price - commission) |
£61,116.96 | (-19.9%) | +£2,047.24 | |
| Potential profits | £349.28 | -£38.30 | ||
| Yr 6 Dividends | £902.77 | +£0 | ||
| Yr 6 Interest | £0 | +£0 | ||
| Yr 6 Profit from sales | £8,345.60 | +£0 | ||
| Yr 6 projected avg monthly profit | £1,010.84 | (26.5%) | -£26.60 | |
| Total Dividends | £2,969.85 | +£0 | ||
| Total Interest | £0.20 | +£0 | ||
| Total Profit from sales | £23,805.04 | +£0 | ||
| Average monthly cash profit | £376.86 | (9.9%) | -£1.26 | |
|
(Sold stocks profit + Dividends - Fees / Months) |
||||
| Compound performance | 57% | +0% |
Profits slightly down thanks to the big hit on CAML:Central Asia Metals and ASHM:Ashmore Group went back to a loss too. Better news for IGG:Ig Group which climbed to £62 (6%) profit, and TLOU:Tlou Energy which also went back to profit by £69 (3%). Long term performance is good enough not to want to sell anything.
Looking a bit more promising.
So close to getting back above the trend line.
The trading account looks like this after week 265 overall and week 5 of year 6.
Everything dropped in value this week so no sign of hope or optimism.
It's happened - we've dropped below the injection line - I may as well not have bothered!
The trend line is getting steeper every week as the fall continues.
If the current metal price malaise continues then it's not looking great for some of my biggest holdings, but there are metal shortages and production is still way below demand, so I can't see this decline continuing. The other thing I desperately need is some news from DDDD:4D Pharma, as they are my 2nd biggest holding and are down by 40% with a deficit of £5,600. Recovering that would do an awful lot to get me into a respectable position. It just needs one bit of good news...
| Weekly Change | |||
| Cash | £259.74 | +£0 | |
| Portfolio cost | £2,374.14 | +£0 | |
| Portfolio sell value (bid price - commission) | £1,268.51 | (-46.6%) | -£36.78 |
| Potential profits | £0.00 | +£0 | |
| Year 6 Dividends | £0.00 | +£0 | |
| Year 6 Profit | £0.00 | +£0 | |
| Yr 6 projected avg monthly profit | £0.00 | (0%) | +£0 |
| Dividends | £60.10 | +£0 | |
| Profit from sales | £937.88 | +£0 | |
| Average monthly cash profit | £16.32 | (8.2%) | -£0.06 |
|
(Sold stocks profit + Dividends - Fees / Months) |
Everything dropped in value this week so no sign of hope or optimism.
It's happened - we've dropped below the injection line - I may as well not have bothered!
The trend line is getting steeper every week as the fall continues.
If the current metal price malaise continues then it's not looking great for some of my biggest holdings, but there are metal shortages and production is still way below demand, so I can't see this decline continuing. The other thing I desperately need is some news from DDDD:4D Pharma, as they are my 2nd biggest holding and are down by 40% with a deficit of £5,600. Recovering that would do an awful lot to get me into a respectable position. It just needs one bit of good news...
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