Week 339 Review - First positive week of 2022

At last we have a positive week. No major fallers and a 2p increase in OPTI:Optibiotix helped hugely. The deficit between cost and value reduced by £3,777 to £55,851 and total portfolio value with cash went above the magic £100k at £100,108.

HUM:Hummingbird Resources and PAF:Pan African Resources both climbed 5% despite the price of gold bouncing above and below $1,800. 

JLP:Jubilee Metals also rose 5% but is still well down on where it should be.

IES:Invinity Energy climbed 6% after announcing a big new order.

Share of the Week is SBTX:SkinBioTherapeutics, which cast aside its recent dreadful form to climb 13% of my purchase price in the ISA and 15% in my SIPP.

Thank goodness we didn't dip below the injection line.

Bang on the trend line but really need to be well above it.

Here's the ISA and shares portfolio after week 27 of year 7.

			Weekly Change
Cash	£33.30		+£0
Portfolio cost	£72,195.21		+£0
Portfolio sell value (bid price-commission)	£46,566.98	(-35.5%)	+£1,934.66
Potential profits	£2,095.29		+£40
Yr 7 Dividends	£22.16		+£0
Yr 7 Profit from sales	£3,664.29		+£0
Yr 7 projected avg monthly profit	£588.64	(16.0%)	-£22.64
Total Dividends	£1,365.31		+£0
Total Profit from sales	£27,788.23		+£0
Average monthly cash profit	£368.82	(10.0%)	-£1.09
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	65%		+0%

JLP:Jubilee Metals added £40 to potential profits. The fact it takes a 5% rise to do that shows how few shares I have left. Value up nicely and long term performance stays at 10% but I fear will slip below very soon.

As with the overall chart, just avoided dropping below the injection line

Still well below the trend line so no chance of recovery very soon.

The SIPP looks like this after week 323 overall and week 11 of year 7.

			Weekly Change
Cash	£571.47		+£159.84
Portfolio cost	£80,526.94		+£0
Portfolio sell value (bid price - commission)	£51,912.63	(-35.5%)	+£1,822.77
Potential profits	£124.25		+£56.98
Yr 7 Dividends	£81.54		+£0
Yr 7 Interest	£0		+£0
Yr 7 Profit from sales	£381.04		+£0
Yr 7 projected avg monthly profit	£168.97	(4.1%)	-£16.96
Total Dividends	£3,285.93		+£0
Total Interest	£0.20		+£0
Total Profit from sales	£24,105.67		+£0
Average monthly cash profit	£356.00	(8.6%)	-£1.11
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	54%		+0%

Potential profits up £56 thanks to PAF:Pan African Resources, portfolio value up pleasingly and cash up due to a £30 tax rebate and my £130 monthly savings minus the AJ Bell SIPP admin charge of 16p.

Same story as the ISA

Slightly better as we're just above the trend line, but not enough to help flatten it.

The trading account looks like this after week 289 overall and week 29 of year 6.

			Weekly Change
Cash	£259.74		+£0
Portfolio cost	£2,374.14		+£0
Portfolio sell value (bid price - commission)	£765.18	(-67.8%)	+£20.41
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	£14.96	(7.6%)	-£0.06
(Sold stocks profit + Dividends - Fees / Months)

A positive week despite DDDD:4D Pharma slipping yet again, as HUM:Hummingbird Resources climbed 5%. Still looking pretty grim though, and didn't even make up half of last week's losses.

Looks flat rather than an up-tick

Still below the trend line. I feel like I've been writing that for a year - oh hold on - I have!

I'm beginning to wonder if the turn-around will ever come. I've been expecting good news on many fronts for months now, but it either doesn't arrive at all, or when it does is treated like bad news and the share price drops.

I seem to be invested in sectors that are just not popular at the moment. I bought magic formula shares because the price was already cheap, but all except one have dropped, and some have dropped significantly. At least they are all still paying good dividends, but they are not making up for the big drops in capital value.

I will be able to take another £2,000 from my work pension in a few weeks. I need to decide whether to put it into one of my ludicrously underpriced shares like OPTI:Optibiotix or DDDD:4D Pharma or stick to my guns and get some more magic formula shares. Despite my temptation to average down on OPTI and DDDD, I really should get the diversity into my SIPP that magic formula gives me.