Wednesday, 22 September 2021

Week 319 Review - Total collapse into despair

A repeat of last week's fall saw another £6,308 drop off the value as everything continued to slump. My biggest holdings had large drops so we're right back at the lows from a few weeks ago. The deficit between cost and value is now £32,755 and total value has dropped to £116,376.

I'm late writing up so I'm not going to try and explain each drop as it's mostly metals getting hammered.

JLP:Jubilee Metals dropped 14%

SMS:Smart Metering Systems also dropped 14% after announcing a placing

FXPO:Ferrexpo dropped 13%

DDDD:4D Pharma dropped 8% and is one of my biggest holdings.

HUM:Hummingbird Resources dropped 8%

ASY:Andrews Sykes Group normally never moves but dropped 7% for no reason.

TLOU:Tlou Energy fell 6%.

OPTI:Optibiotix dropped 2p which contributed £3,200 of the fall.

Share of the Week is an absolute joke, only climbing by 2%. I'm giving it to IQE:IQE despite CMCL:Caledonia Mining also climbing 2% as I'm fed up with CMCL and don't want to give them any kind of reward.




Not happy.




Back below the bloody trend line.

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




Weekly Change
Cash £34.09

+£11.57
Portfolio cost £69,679.47
+£753.44
Portfolio sell value (bid price-commission) £56,193.98 (-19.4%) -£3,385.20
Potential profits £4,488.41
-£973.27
Yr 7 Dividends £0
+£0
Yr 7 Profit from sales £1,465.26
+£715.01
Yr 7 projected avg monthly profit £904.74 (24.7%) +£365.60
Total Dividends £1,343.15
+£0
Total Profit from sales £25,589.20
+£715.01
Average monthly cash profit £361.98
(9.9%) +£8.61
(Sold stocks profit + Dividends - Fees
/ Months)
Compound performance 61%
+2%

I got so fed up with DDDD:4D Pharma continuing to fall that I wanted to buy some more, so I sold 6,000 JLP:Jubilee Metals shares at 16.42p making £715.01 (264.6%) profit and re-invested in DDDD buying 1,296 shares at 77.14p costing £1,011.68. That brought the average price in my ISA down to 115.3838p.

Potential profits dropped by even more at £973 as JLP:Jubilee Metals dropped 14%, some of which was after I sold. Cash was up slightly as I added £50 to help with the purchase. Massive £3,385 drop in value was even more than last week, but at least long term performance is now at 9.9% which is excellent.




It's actually not gone as low as a few weeks ago on this chart.




A bit more severe on this chart and a long way below the trend line

The SIPP looks like this after week 303 overall and week 43 of year 6.




Weekly Change
Cash £321.62
+£0
Portfolio cost £76,462.81
+£120.00
Portfolio sell value
(bid price - commission)
£58,426.09 (-23.6%) -£2,819.10
Potential profits £226.36
-£82.37
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 £919.31 (24.0%) -£21.91
Total Dividends £3,011.66
+£0
Total Interest £0.20
+£0
Total Profit from sales £23,805.04
+£0
Average monthly cash profit £372.24 (9.7%) -£1.24
(Sold stocks profit + Dividends - Fees
/ Months)
Compound performance 57%
+0%

My monthly automated investment of £120 kicked in to double my holding of Blackrock World Gold just as the price of gold dipped. The drop in value isn't as bad as last week or as bad as the ISA, but potential profits were hammered by the big drop to loss of SMS:Smart Metering Systems following their placing. Long term performance is still looking good at 9.7% and with only 9 weeks to go of year 6, the annual performance is going to be almost 20%.




I just can't seem to hold any gains.




Way below the trend line.

The trading account looks like this after week 269 overall and week 9 of year 6.




Weekly Change
Cash £259.74
+£0
Portfolio cost £2,374.14
+£0
Portfolio sell value (bid price - commission) £1,141.02 (-51.9%) -£104.57
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 £16.08 (8.1%) -£0.06
(Sold stocks profit + Dividends - Fees
/ Months)


Everything except IQE:IQE absolutely dived, so £104 lost in value and the portfolio is down by more than 50%. Utterly desperate.




How bad is that? Well below the injection line with no hope of salvation.




Almost off the bottom of the chart.

I'm late writing up, and at the mid point of the week am down another £3,166, so I'm in a state of pure misery and St Leger day can just bog off!

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