OPTI:Optibiotix only dropped 3%, but that 2p cost me £3,400 of the
losses. I thought news of a new India subsidiary would give the price a boost,
but good news always results in a drop for OPTI. It's probably because
the good news never has a sum of money attached, and people need to see that
to want to buy the shares.
Weeks of effort to climb a relatively small way, all wiped out in one go.
Such a brief dalliance above the trend line. I think I'm entitled to be annoyed.
Here's the ISA and shares portfolio after week 16 of year 7.
Potential profits up £50 thanks to JLP:Jubilee Metals, but overall value down £2,400 thanks to most other things doing rubbish.
Nearly wiped out weeks of gains
Just as we were approaching the trend line, down we go to the worst deficit of the last 12 months.
Only one share increased by more than 5%, so Share of the Week is
JLP:Jubilee Metals which climbed exactly 5%. That's hardly anything
for JLP, as it doesn't take much to climb 5% of my purchase price.
They are still 278% up, but a long way from where I thought they would be by
now and from the highs of a few months ago.
Weeks of effort to climb a relatively small way, all wiped out in one go.
Such a brief dalliance above the trend line. I think I'm entitled to be annoyed.
Here's the ISA and shares portfolio after week 16 of year 7.
| Weekly Change | |||
| Cash | £10.15 |
+£0 | |
| Portfolio cost | £71,348.76 | +£0 | |
| Portfolio sell value (bid price-commission) | £52,260.58 | (-26.8%) | -£2,400.14 |
| Potential profits | £3,025.09 | +£50.00 | |
| Yr 7 Dividends | £22.16 | +£0 | |
| Yr 7 Profit from sales | £3,095.94 | +£0 | |
| Yr 7 projected avg monthly profit | £841.44 | (23.0%) | -£56.09 |
| Total Dividends | £1,365.31 | +£0 | |
| Total Profit from sales | £27,219.88 | +£0 | |
| Average monthly cash profit |
£373.78 |
(10.2%) | -£1.14 |
|
(Sold stocks profit + Dividends - Fees / Months) |
|||
| Compound performance | 64% | +0% |
Potential profits up £50 thanks to JLP:Jubilee Metals, but overall value down £2,400 thanks to most other things doing rubbish.
Nearly wiped out weeks of gains
Just as we were approaching the trend line, down we go to the worst deficit of the last 12 months.
The SIPP looks like this after week 312 overall and week 52 of year 6.
I had a £22 dividend from PLUS:Plus500 which sees the good run of dividends come to an end until PAF:Pan African Resources at the end of December.
| Weekly Change | ||||
| Cash | £174.89 | +£21.38 | ||
| Portfolio cost | £79,837.72 | +£300.65 | ||
|
Portfolio sell value (bid price - commission) |
£58,535.21 | (-26.7%) | -£2,514.71 | |
| Potential profits | £493.25 | -£68.42 | ||
| Yr 6 Dividends | £1,137.31 | +£22.03 | ||
| Yr 6 Interest | £0 | +£0 | ||
| Yr 6 Profit from sales | £8,265.19 | +£0 | ||
| Yr 6 projected avg monthly profit | £766.77 | (18.7%) | -£13.16 | |
| Total Dividends | £3,204.39 | +£22.03 | ||
| Total Interest | £0.20 | +£0 | ||
| Total Profit from sales | £23,724.63 | +£0 | ||
| Average monthly cash profit | £362.60 | (8.9%) | -£0.86 | |
|
(Sold stocks profit + Dividends - Fees / Months) |
||||
| Compound performance | 53% | +0% |
I had a £22 dividend from PLUS:Plus500 which sees the good run of dividends come to an end until PAF:Pan African Resources at the end of December.
I added £300 because I wanted to get a few more TLOU:Tlou Energy, as
things are progressing really well and I think there will be a re-rate soon.
I bought 9,209 shares at 3.135p costing £300.65 to take my SIPP holding to a
nice round 80,000 shares. Add to that the 40,000 I have in my ISA and I'm
hopeful for a big return.
This was the last week in year 6, and I'm really happy with the average
returns of £766 (18.7%) a month. That's almost twice my target and has
really helped get the long term average back up around 9% after drifting
over the last few years. It's hard to keep the performance up with this
account because I keep adding more cash, so the average percentage is hit
every time. It's still good to maintain a difficult target though.
Here's a summary of the year 6 profits minus a couple of losses that gave
the 18.7% return
CAML:Central Asia Metals: £3,798
SBTX:SkinBioTherapeutics: £2,051
Dividends: £1,137
FXPO:Ferrexpo: £973
ITV:ITV: £611
POLR:Polar Capital Holdings: £565
APAX:Apax Global Alpha: £324
ITX:Itaconix: £202
Blackrock World Gold Fund: £24
PAY:Paypoint: £23
ASHM:Ashmore Group: -£104
CMCL:Caledonia Mining: -£205
Over £2,000 and a decent chunk of the dividends were from magic formula shares, so I'm happy with that tactic and will continue with it. The current tranche are doing pretty badly, but there are 6 months to go before I review them and they are all paying good dividends so I'm quietly confident in their long term prospects.
This appears much less of a drop than the ISA.
Still just above the trend line which is quite a boost to the morale in a difficult week.
The trading account looks like this after week 278 overall and week 18 of year 6.
Big hit from the 9% drop in DDDD:4D Pharma takes us back above 50% losses and crushes my optimism that some profit was nearing.
Not as low as a few months ago, but a big dip
Amazingly still above the trend line so maybe there's a glimmer of hope
I thought the Santa rally had started, but this week has undone most of it, so I really don't know now. Most of my gold miners were down on the week despite the price of gold holding up, so I suspect there's been some profit taking. Even if the majority of my smaller holdings bounce back next week, unless DDDD:4D Pharma and OPTI:Optibiotix start showing some sort of recovery, then I'm stuck in the doldrums just waiting for some good news. Not just good news, but good news with a financial figure attached to it.
Over £2,000 and a decent chunk of the dividends were from magic formula shares, so I'm happy with that tactic and will continue with it. The current tranche are doing pretty badly, but there are 6 months to go before I review them and they are all paying good dividends so I'm quietly confident in their long term prospects.
This appears much less of a drop than the ISA.
Still just above the trend line which is quite a boost to the morale in a difficult week.
The trading account looks like this after week 278 overall and week 18 of year 6.
| Weekly Change | |||
| Cash | £259.74 | +£0 | |
| Portfolio cost | £2,374.14 | +£0 | |
| Portfolio sell value (bid price - commission) | £1,157.56 | (-51.2%) | -£75.47 |
| 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 | £15.56 | (7.9%) | -£0.05 |
|
(Sold stocks profit + Dividends - Fees / Months) |
Big hit from the 9% drop in DDDD:4D Pharma takes us back above 50% losses and crushes my optimism that some profit was nearing.
Not as low as a few months ago, but a big dip
Amazingly still above the trend line so maybe there's a glimmer of hope
I thought the Santa rally had started, but this week has undone most of it, so I really don't know now. Most of my gold miners were down on the week despite the price of gold holding up, so I suspect there's been some profit taking. Even if the majority of my smaller holdings bounce back next week, unless DDDD:4D Pharma and OPTI:Optibiotix start showing some sort of recovery, then I'm stuck in the doldrums just waiting for some good news. Not just good news, but good news with a financial figure attached to it.
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