Friday, 10 September 2021

Week 318 Review - Dreadful week as we spiral back down into the doldrums

Nearly everything is significantly down this week, wiping out the last few weeks' gains and making me wish it was still summer holidays. The deficit between cost and value widened by £6,668 to £26,446 and overall value dropped to £121,799.

As usual JLP:Jubilee Metals was one of the extremes and dropped 16% of my original purchase price which isn't that much. If I make some profit selling my POLY:Polymetal shares in the ISA, these are now cheaper to buy back than the price I sold them for last week.

CEY:Centamin, IQE:IQE and POLY:Polymetal all dropped 6%, the latter partly from going ex-dividend, but it dropped further after that.

ASHM:Ashmore Group dropped 5% after slipping to a loss in my portfolio last week, and so is now 6% down.

OPTI:Optibiotix gave up all of last week's gains and dropped 5% costing me £4,800 of the total drop, but there's almost £2,000 more on top of that, and I don't even have a spot of profit taking to blame it on.

Only one share bucked the trend, with SMS:Smart Metering Systems climbing 5% and going 8% into profit. Thank goodness one of my magic formula shares has read the script.




Very bad




Back below the trend line

Here's the ISA and shares portfolio after week 6 of year 7.




Weekly Change
Cash £22.52

+£0
Portfolio cost £68,926.03
+£0
Portfolio sell value (bid price-commission) £58,825.74 (-14.7%) -£3,232.10
Potential profits £5,461.68
-£309.77
Yr 7 Dividends £0
+£0
Yr 7 Profit from sales £750.25
+£0
Yr 7 projected avg monthly profit £539.14 (14.7%) -£107.83
Total Dividends £1,343.15
+£0
Total Profit from sales £24,874.19
+£0
Average monthly cash profit £353.37
(9.7%) -£1.12
(Sold stocks profit + Dividends - Fees
/ Months)
Compound performance 59%
+0%

Massive drop in value, and potential profits drop thanks to JLP:Jubilee Metals by £309. Long term performance still ok though.




It doesn't looks as bad on this chart




At least we're just touching the trend line and not below it.

The SIPP looks like this after week 302 overall and week 42 of year 6.




Weekly Change
Cash £321.62
+£0
Portfolio cost £76,342.81
+£0
Portfolio sell value
(bid price - commission)
£61,125.19 (-19.9%) -£3,352.16
Potential profits £308.73
+£7.43
Yr 6 Dividends £944.58
+£0
Yr 6 Interest £0
+£0
Yr 6 Profit from sales £8,345.60
+£0
Yr 6 projected avg monthly profit £941.22 (24.6%) -£22.96
Total Dividends £3,011.66
+£0
Total Interest £0.20
+£0
Total Profit from sales £23,805.04
+£0
Average monthly cash profit £373.48 (9.8%) -£1.24
(Sold stocks profit + Dividends - Fees
/ Months)
Compound performance 57%
+0%

Potential profits actually increased thanks to SMS:Smart Metering Systems rising more than CAML:Central Asia Metals dropped. Similarly catastrophic drop in portfolio value and similarly long term performance is holding up well.




Back to being about halfway between cost and injection.




Also touching the trend line, but this is a downward trend.

The trading account looks like this after week 268 overall and week 8 of year 6.




Weekly Change
Cash £259.74
+£0
Portfolio cost £2,374.14
+£0
Portfolio sell value (bid price - commission) £1,245.59 (-47.5%) -£84.05
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 £16.14 (8.2%) -£0.06
(Sold stocks profit + Dividends - Fees
/ Months)

Everything fell, and DDDD:4D Pharma fell hard, so things are now officially at a 12 month low after £84 was taken off the value. Did I mention I wasn't very good at trading? I was good for about 3 weeks and if felt great, but back to reality again now.




Back below the injection line meaning I have less than I started out with.




Well below the downward trend line.

There are interims for CAML:Central Asia Metals next week and hopefully a rise in dividend. DDDD:4D Pharma are also presenting at various events where there's hope for news. It's also the St Leger on Saturday, so lots of potential to see a bounce next week, unless of course something happens and it carries on being rubbish.

No comments:

Post a Comment