I thought last week was the turning point and the Santa rally had kicked in,
but all last week's gains and more were wiped off the portfolio this week with
huge drops in my biggest holdings. The deficit between cost and value widened
by £6,987 to £56,641 and portfolio value dropped below £100k to £98,905. Bah
humbug!!
SBTX:SkinBioTherapeutics was a genius purchase 3 weeks ago, falling 7%,
6% and now 11% since I bought them. Possibly my worst timed purchase ever, and
I thought I was getting a bargain!
DDDD:4D Pharma continues to collapse despite news on the asthma drug
this week. There were no negative surprises, but no mega clinical outcomes
either, but I wasn't expecting a 6% drop.
TLOU:Tlou Energy also dropped 6%. I'm really confused as to why these
have dropped so far since the announcement of securing finance for the
electricity transmission lines. I was expecting it to re-rate upwards!
OPTI:Optibiotix lost all last week's gains, falling 3p and 5% to go
32% down, which on an investment of £100k is a lot. This despite news of 3
deals likely to bring £1m+ revenue each next year. I'm baffled.
A sliver of good news was the gold price starting to recover and go back
above $1,800. That helped PAF:Pan African Resources climb 6% and get
just about back in profit, and I got a nice dividend too.
Share of the Week for the second week in a row is
BLU:Blue Star Capital, which climbed a mighty 22% this week and is
now only 47% down. Momentum may very well take this back into profit and
give me a dilemma whether to keep or sell. I don't like the company at all
and it was a mistake to buy them, so I suspect I'll get rid as soon as I
can. I only invested £500 so not going to gain or lose very much whatever I
do.
Thank goodness we're still above the injection line, but back to a new 12 month low.
Desperate
Here's the ISA and shares portfolio after week 20 of year 7.
I got my 50 open offer shares in IES:Invinity Energy at 100p each, costing £50, and that also gave me 50 warrants due to mature over the next few years. Unfortunately the bid price is 90p so they are already 10% down, but they did reduce my weighted average to 397.9p. It will be a massive bonus if I ever get anything out of these shares as I was convinced they were going bust last year.
| Weekly Change | |||
| Cash | £37.05 |
-£50 | |
| Portfolio cost | £72,195.21 | +£50 | |
| Portfolio sell value (bid price-commission) | £46,195.65 | (-36.0%) | -£3,537.94 |
| Potential profits | £2,215.29 | -£300 | |
| Yr 7 Dividends | £22.16 | +£0 | |
| Yr 7 Profit from sales | £3,664.29 | +£0 | |
| Yr 7 projected avg monthly profit | £795.48 | (21.6%) | -£46.92 |
| Total Dividends | £1,365.31 | +£0 | |
| Total Profit from sales | £27,788.23 | +£0 | |
| Average monthly cash profit |
£376.65 |
(10.2%) | -£1.43 |
|
(Sold stocks profit + Dividends - Fees / Months) |
|||
| Compound performance | 65% | +0% |
I got my 50 open offer shares in IES:Invinity Energy at 100p each, costing £50, and that also gave me 50 warrants due to mature over the next few years. Unfortunately the bid price is 90p so they are already 10% down, but they did reduce my weighted average to 397.9p. It will be a massive bonus if I ever get anything out of these shares as I was convinced they were going bust last year.
Potential profits dropped £300 thanks to the fall in
JLP:Jubilee Metals and long term performance dropped by 0.1% to
10.2%, but at least that's still above target.
12-month low and not far off the injection line.
Dragging the trend line steeper down
Dragging the trend line steeper down
The SIPP looks like this after week 316 overall and week 4 of year 7.
| Weekly Change | ||||
| Cash | £189.43 | +£41.20 | ||
| Portfolio cost | £80,392.42 | +£0 | ||
|
Portfolio sell value (bid price - commission) |
£51,323.71 | (-36.2%) | -£3,388.04 | |
| Potential profits | £4.11 | +£3.11 | ||
| Yr 7 Dividends | £41.20 | +£41.20 | ||
| Yr 7 Interest | £0 | +£0 | ||
| Yr 7 Profit from sales | £381.04 | +£0 | ||
| Yr 7 projected avg monthly profit | £439.21 | (10.7%) | -£87.08 | |
| Total Dividends | £3,245.59 | +£41.20 | ||
| Total Interest | £0.20 | +£0 | ||
| Total Profit from sales | £24,105.67 | +£0 | ||
| Average monthly cash profit | £363.57 | (8.9%) | -£0.59 | |
|
(Sold stocks profit + Dividends - Fees / Months) |
||||
| Compound performance | 54% | +0% |
A £41 dividend from PAF:Pan African Resources, profit up a tiny
amount from the same company just about getting into profit and my
iShares Physical Gold fund
also being profitable. I'm not looking at the gigantic drop in portfolio
value.
Just above the injection line, but if the Santa collapse continues we may cross it next week.
Really, really bad.
The trading account looks like this after week 282 overall and week 22 of year 6.
Could this possibly get any worse? Utter nightmare as everything falls yet again.
I had to change the axis else it would have gone below the bottom of the chart. Quite looking forward to a few weeks time when that red blip will be out of the way and it all looks much neater.
| Weekly Change | |||
| Cash | £259.74 | +£0 | |
| Portfolio cost | £2,374.14 | +£0 | |
| Portfolio sell value (bid price - commission) | £900.81 | (-62.1%) | -£61.91 |
| 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 | £15.34 | (7.8%) | -£0.05 |
|
(Sold stocks profit + Dividends - Fees / Months) |
Could this possibly get any worse? Utter nightmare as everything falls yet again.
I had to change the axis else it would have gone below the bottom of the chart. Quite looking forward to a few weeks time when that red blip will be out of the way and it all looks much neater.
Now even sharper decline than the trend line.
I've given up hope of anything good happening before Christmas, as big news is
unlikely to be announced next week. Let's hope 2022 is a bit kinder than 2021,
as it's been a desperately bad year.
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