Week 320 Review - The third week in a row with heavy losses

Another wretched week with another big drop, this time of £5,563. That widens the deficit between cost and value to £38,319 and drops overall value to £110,812.

Nearly everything dropped, but the biggest fallers were ASHM:Ashmore Group which holds a lot of bonds of troubled Chinese company Evergrande, and OPTI:Optibiotix, which has dropped 3p back into the 40's, so both of these are down 5%.

No company deserves the title of Share of the Week as everything was rubbish.

Back down to the lows of a few months ago, although it's worse as costs have gone up.

That is more representative of how bad this week is - record lows for this 12-month period.

Here's the ISA and shares portfolio after week 8 of year 7.

			Weekly Change
Cash	£34.09		+£0
Portfolio cost	£69,679.47		+£0
Portfolio sell value (bid price-commission)	£53,321.58	(-23.5%)	-£2,872.40
Potential profits	£4,488.41		+£0
Yr 7 Dividends	£0		+£0
Yr 7 Profit from sales	£1,465.26		+£0
Yr 7 projected avg monthly profit	£791.65	(21.6%)	-£113.09
Total Dividends	£1,343.15		+£0
Total Profit from sales	£25,589.20		+£0
Average monthly cash profit	£360.85	(9.9%)	-£1.13
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	61%		+0%

Very little happened other than lots of shares going down in value. JLP:Jubilee Metals stayed the same, so no change in potential profits.

As with the overall chart, this is back to the bottom of the channel we've been stuck in for six months

Not as bad as it was 12 months ago, but not far off.

The SIPP looks like this after week 304 overall and week 44 of year 6.

			Weekly Change
Cash	£321.62		+£0
Portfolio cost	£76,462.81		+£0
Portfolio sell value (bid price - commission)	£55,747.34	(-27.1%)	-£2,678.75
Potential profits	£268.36		+£42.00
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	£898.42	(23.4%)	-£20.89
Total Dividends	£3,011.66		+£0
Total Interest	£0.20		+£0
Total Profit from sales	£23,805.04		+£0
Average monthly cash profit	£371.02	(9.7%)	-£1.22
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	57%		+0%

CAML:Central Asia Metals increased a small amount so potential profits are up slightly. Quiet apart from a massive drop in value.

Same as the other charts

Down to a 12-month low.

The trading account looks like this after week 270 overall and week 10 of year 6.

			Weekly Change
Cash	£259.74		+£0
Portfolio cost	£2,374.14		+£0
Portfolio sell value (bid price - commission)	£1,128.36	(-52.5%)	-£12.66
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	£16.02	(8.1%)	-£0.06
(Sold stocks profit + Dividends - Fees / Months)

Just a small drop this week.

Well below injection line.

Hopeless.

I thought things would turn around after summer holidays were over but they've got worse. I should pretty much give up looking at any of this until some news comes in from OPTI:Optibiotix of DDDD:4D Pharma as nothing of interest is likely to happen until then.