Week 354 Review - One of the flattest weeks ever

I think this can be regarded as one of the most uneventful weeks ever. When I lose money I lose thousands, it seems when I make money it's hardly anything. This week the deficit between cost and value improved by just £448 to £91,630m so with total portfolio value £89,450 I'm still over 50% down. I'll celebrate a positive week though, even if I'll have retired long before I make up the deficit at this rate.

There were no big losers this week, which is a cause for much celebration.

BLU:Blue Star Capital climbed 5% but I doubt it will last, as it never does with this share.

FXPO:Ferrexpo also climbed 5% but I've now had them a year and they have dropped 63% so I fear I'm stuck with them until the whole Russia/Ukraine thing sorts itself out.

SMS:Smart Metering Systems climbed 8% and are now only 9% down. My 12 month review date is in mid-August when I am leaning towards selling, so if they can get into profit that would be very handy.

JLP:Jubilee Metals wins Share of the Week yet again after a 22% rise on the price I bouight them for. They are still struggling to get to the 20p I thought they would reach and stabilise at.

Still below the injection line

Not much better than last week, but at least no longer an all-time low.

Here's the ISA and shares portfolio after week 42 of year 7.

			Weekly Change
Cash	£6.43		-£3.75
Portfolio cost	£82,912.77		+£0
Portfolio sell value (bid price-commission)	£39,627.46	(-52.2%)	+£205.51
Potential profits	£1,460.55		+£135.00
Yr 7 Dividends	£10,425.77		+£0
Yr 7 Profit from sales	£3,970.12		+£0
Yr 7 projected avg monthly profit	£1,481.81	(40.2%)	-£36.54
Total Dividends	£11,768.92		+£0
Total Profit from sales	£28,094.06		+£0
Average monthly cash profit	£484.10	(13.1%)	-£1.42
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	89%		+0%

Not much to say really. JLP:Jubilee Metals went up so potential profits up by £135 and everything else virtually unchanged.

Still pretty bad

The trend line decline still deepens

The SIPP looks like this after week 338 overall and week 26 of year 7.

			Weekly Change
Cash	£97.24		-£15.75
Portfolio cost	£95,431.30		+£0
Portfolio sell value (bid price - commission)	£48,732.96	(-48.9%)	+£244.84
Potential profits	£13.24		+£13.24
Yr 7 Dividends	£10,565.04		+£0
Yr 7 Interest	£0		+£0
Yr 7 Profit from sales	£358.14		+£0
Yr 7 projected avg monthly profit	£1,804.03	(40.6%)	-£74.91
Total Dividends	£13,769.43		+£0
Total Interest	£0.20		+£0
Total Profit from sales	£24,082.77		+£0
Average monthly cash profit	£473.48	(10.7%)	-£1.60
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	69%		-1%

Monthly charges came out of cash a few weeks ago but I forgot to account for them, and CAML:Central Asia Metals went back into profit. Apart from that pretty uneventful.

As with the ISA, still below the injection line

Not quite an all-time low

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

			Weekly Change
Cash	£259.74		+£0
Portfolio cost	£2,374.14		+£0
Portfolio sell value (bid price - commission)	£727.63	(-69.4%)	-£2.20
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	£14.23	(7.2%)	-£0.04
(Sold stocks profit + Dividends - Fees / Months)

This one went down, but only by £2

Still pretty desperate

Amazingly still above the trend line, but not by very much.

This week was so uneventful it may as well have not happened.

Week 353 Review - Portfolio goes over 50% down for the first time

I can't believe I'm writing about another really bad week, with big drops all over the portfolio and nothing up by 5% or more. The deficit between cost and value widened by £5,009 to £92,078, and given the portfolio value is now £89,022 then for the first time ever it is over 50% down. I've managed to halve my money!

JLP:Jubilee Metals dropped 15% so glad I sold some last week.

CAML:Central Asia Metals dropped 9% and has lost 17% over 2 weeks to go to a 1% loss.

CEY:Centamin dropped 6% for no obvious reason, although the price of gold did dip a little.

SAE:Simec Atlantis Energy dropped 5% and maybe my decision to buy some more a few weeks ago was a really bad one.

SMS:Smart Metering Systems also dropped 5% for no reason

OPTI:Optibiotix fell another 2p in a relentless downward spiral, which after my purchase last week cost me £3,600 of the £5,000 loss.

No shares deserve Share of the Week yet again.

Still below the injection line

Looks like we've gone below the worst ever - Whoopee!

Here's the ISA and shares portfolio after week 41 of year 7.

			Weekly Change
Cash	£10.18		+£0
Portfolio cost	£82,912.77		+£0
Portfolio sell value (bid price-commission)	£39,421.95	(-52.5%)	-£2,290.98
Potential profits	£1,325.55		-£94.50
Yr 7 Dividends	£10,425.77		+£0
Yr 7 Profit from sales	£3,970.12		+£0
Yr 7 projected avg monthly profit	£1,518.35	(41.2%)	-£37.95
Total Dividends	£11,768.92		+£0
Total Profit from sales	£28,094.06		+£0
Average monthly cash profit	£485.52	(13.2%)	-£1.38
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	89%		+0%

Not much to say other than everything down

Below injection line = bad

Worst ever

The SIPP looks like this after week 337 overall and week 25 of year 7.

			Weekly Change
Cash	£112.99		+£1.55
Portfolio cost	£95,431.30		+£128.44
Portfolio sell value (bid price - commission)	£48,488.12	(-49.2%)	-£2,677.10
Potential profits	£0		-£84.64
Yr 7 Dividends	£10,565.04		+£0
Yr 7 Interest	£0		+£0
Yr 7 Profit from sales	£358.14		+£0
Yr 7 projected avg monthly profit	£1,878.94	(42.3%)	-£78.28
Total Dividends	£13,769.43		+£0
Total Interest	£0.20		+£0
Total Profit from sales	£24,082.77		+£0
Average monthly cash profit	£475.08	(10.7%)	-£1.42
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	69%		-1%

As with the ISA there are lots of losses and nothing is in profit any more. My monthly investment went through, buying 68 shares of APAX:Apax Global Alpha at 186.687p costing £128.45.

Below injection line

Looks about equal with worst ever so holding up a bit better than the ISA

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

			Weekly Change
Cash	£259.74		+£0
Portfolio cost	£2,374.14		+£0
Portfolio sell value (bid price - commission)	£729.83	(-69.3%)	-£40.96
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	£14.27	(7.2%)	-£0.05
(Sold stocks profit + Dividends - Fees / Months)

Disaster as DDDD:4D Pharma continues to be trashed

Not as bad as it has been

Time to celebrate - we're above the trend line!

Utterly hopeless - I'm tempted to stop writing this until something nice happens.

Week 352 Review - Yet another big drop

Here we go again. The deficit between cost and value widened by £4,748 to £87,069 and value dropped to £93,901. Not sure how much more of this I can stand.

Biggest loser was IGG:IG Group which dropped 10% and i have no clue why, as volatile markets are good for their profits.

CAML:Central Asia Metals dropped 6% but is still 8% up. Big dividend coming in a few weeks.

OPTI:Optibiotix dropped another 2p which is less than 5% but contributed £3,400 of the drop.

Back below the injection line

Devastating

Here's the ISA and shares portfolio after week 40 of year 7.

			Weekly Change
Cash	£10.18		-£8.12
Portfolio cost	£82,912.77		+£313.95
Portfolio sell value (bid price-commission)	£41,712.93	(-49.7%)	-£2,301.08
Potential profits	£1,420.05		-£695.24
Yr 7 Dividends	£10,425.77		+£0
Yr 7 Profit from sales	£3,970.12		+£305.83
Yr 7 projected avg monthly profit	£1,556.30	(42.2%)	-£5.93
Total Dividends	£11,768.92		+£0
Total Profit from sales	£28,094.06		+£305.83
Average monthly cash profit	£486.90	(13.2%)	+£2.39
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	89%		+0%

I couldn't stand OPTI:Optibiotix dropping so much, so I decided to bank some profits from JLP:Jubilee Metals to get some more. I sold 6,500 shares at 15.82p and made £736.59 (252.5%) profit. I used the proceeds to buy 3,516 shares at 28.7975p costing £1,024.47. That brought my weighted average down to 58.49p and took my total holding to 182,495.

I took the opportunity to write off my holding in WRES:W Resources as I'm certain they will go bust and never trade again. That loss was £430.75, so my profit from sales is reduced to £305.

Taking the profits wasn't enough to stop the year 7 projected profit falling, as that's still affected by the big OPTI:Optibiotix share dividend. Long term performance ticks up a bit rather than the usual small drop.

Below the injection line again

Well below the trend line

The SIPP looks like this after week 336 overall and week 24 of year 7.

			Weekly Change
Cash	£111.44		-£93.71
Portfolio cost	£95,302.86		+£154.64
Portfolio sell value (bid price - commission)	£51,036.78	(-46.4%)	-£2,428.40
Potential profits	£84.64		-£139.07
Yr 7 Dividends	£10,565.04		+£0
Yr 7 Interest	£0		+£0
Yr 7 Profit from sales	£358.14		+£60.92
Yr 7 projected avg monthly profit	£1,957.22	(44.2%)	-£73.62
Total Dividends	£13,769.43		+£0
Total Interest	£0.20		+£0
Total Profit from sales	£24,082.77		+£60.92
Average monthly cash profit	£476.50	(10.8%)	-£0.63
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	70%		+1%

I decided to sell my iShares Physical Gold fund holding as I thought the price of gold had got ahead of itself, and I wanted to increase my holding in PBX:Probiotix Health. I only made £60.92 (9.2%) profit, but that's OK. I bought 3,596 shares at 21.97p costing £799.99. The price hasn't changed since the IPO.

Not enough profit to make any impact on long term performance though.

Below the injection line

As with the ISA, very distressing

The trading account looks like this after week 302 overall and week 42 of year 6.

			Weekly Change
Cash	£259.74		+£0
Portfolio cost	£2,374.14		+£0
Portfolio sell value (bid price - commission)	£770.79	(-67.5%)	-£18.79
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	£14.32	(7.2%)	-£0.05
(Sold stocks profit + Dividends - Fees / Months)

The usual fall but not as far as recently

This has been under the injection line for about 7 months.

Amazingly still above the trend line.

Another week of misery but at least I made some profit and bought more OPTI:Optibiotix

Week 351 Review - Massive drop to go back under £100k

Just when I thought things were starting to turn around, we get an utterly dreadful week, with the deficit between cost and value widening by a depressing £8,492 to a record £82,320. This brings the total value back below £100k at £98,282. I can't take much more of this relentless slide. It's been going on for over a year and nothing seems to be turning it around.

JLP:Jubilee Metals fell 12% of my original purchase price which isn't really a big drop.

HUM:Hummingbird Resources dropped 11% and this purchase is proving to be a massive mistake as it costs more for them to produce gold than they can sell it for, even at these gold prices.

OPTI:Optibiotix fell a crushing 4p which is 7% and cost me £6,800 of this week's fall. Goes to show how bad it is if my other shares lost £2,000.

APAX:Apax Global Alpha, SAE:Simec Atlantis Energy and SBTX:SkinBioTherapeutics all dropped 5% for no particular reason.

The only shares to increase were CEY:Centamin, PLUS:Plus 500 and iShares Physical Gold by 1%, which isn't worthy of a Share of the Week award.

Back on the dreaded injection line

Big dip below the trend line

Here's the ISA and shares portfolio after week 39 of year 7.

			Weekly Change
Cash	£18.30		+£0
Portfolio cost	£82,598.82		+£0
Portfolio sell value (bid price-commission)	£43,700.06	(-47.1%)	-£4,026.31
Potential profits	£2,115.29		-£100.00
Yr 7 Dividends	£10,425.77		+£0
Yr 7 Profit from sales	£3,664.29		+£0
Yr 7 projected avg monthly profit	£1,562.23	(42.4%)	-£41.11
Total Dividends	£11,768.92		+£0
Total Profit from sales	£27,788.23		+£0
Average monthly cash profit	£484.51	(13.1%)	-£1.39
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	89%		+0%

Potential profits only fell by £100 which is the best news. Huge £4,026 drop in portfolio value a bit more devastating though.

Bang on the injection line

Way below the trend line

The SIPP looks like this after week 335 overall and week 23 of year 7.

			Weekly Change
Cash	£205.15		+£7.36
Portfolio cost	£95,148.22		+£0
Portfolio sell value (bid price - commission)	£53,310.54	(-44.0%)	-£4,376.71
Potential profits	£223.71		-£0.06
Yr 7 Dividends	£10,565.04		+£7.36
Yr 7 Interest	£0		+£0
Yr 7 Profit from sales	£297.22		+£0
Yr 7 projected avg monthly profit	£2,030.84	(45.9%)	-£90.86
Total Dividends	£13,769.43		+£7.36
Total Interest	£0.20		+£0
Total Profit from sales	£24,021.85		+£0
Average monthly cash profit	£477.13	(10.8%)	-£1.34
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	69%		-1%

Similar drop in portfolio value to the ISA but practically no change in the potential profits. I received a £7 dividend from SMS:Smart Metering Systems who pay quarterly. 

Fractionally above the injection line - huzzah!

As with the ISA, well below the trend line

The trading account looks like this after week 301 overall and week 41 of year 6.

			Weekly Change
Cash	£259.74		+£0
Portfolio cost	£2,374.14		+£0
Portfolio sell value (bid price - commission)	£789.58	(-66.7%)	-£89.27
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	£14.37	(7.3%)	-£0.05
(Sold stocks profit + Dividends - Fees / Months)

Huge devastating drop of £89. What a total disaster.

Not a record low - is that something to celebrate?

Still above the trend line - what a result!

Nothing more to say as too depressed.

Week 350 Review - As flat as a very flat thing

Big catch-up as I've not had chance to finish and post a blog for a month. Probably influenced by how desperately bad my portfolio is doing!

There was virtually no change in portfolio value this week, with the deficit between cost and value improving by just £261 to £73,828 and portfolio value increasing to £106,767.

Although slightly up, that was only thanks to a 1p rise in OPTI:Optibiotix which would normally have put me up by £1,700, so the fact I am only up £261 goes to show what a dreadful week it was for everything else.

JLP:Jubilee Metals fell 23% of the price I paid, which isn't that much in reality

CEY:Centamin dropped 6% despite gold doing ok

DDDD:4D Pharma continued the relentless drop by another 5%

FXPO:Ferrexpo looked like it might be recovering a little ground, until it fell 5% this week.

SBTX:SkinBioTherapeutics also fell 5% as usual for no reason.

Share of the Week was the only one with a decent rise. SAE:Simec Atlantis Energy climbed a massive 65% but that was partly because I bought some more and reduced the average purchase price by a lot. These don't need to recover by too much now before I can get rid of them. I'm dubious it will happen, but decided it was worth the risk.

Still above the injection line.

Still dragging the trend line steeper downwards

Here's the ISA and shares portfolio after week 38 of year 7.

			Weekly Change
Cash	£18.30		+£0
Portfolio cost	£82,598.82		+£0
Portfolio sell value (bid price-commission)	£47,726.37	(-42.2%)	+£307.71
Potential profits	£2,215.29		-£200.00
Yr 7 Dividends	£10,425.77		+£0
Yr 7 Profit from sales	£3,664.29		+£0
Yr 7 projected avg monthly profit	£1,603.34	(43.5%)	-£43.33
Total Dividends	£11,768.92		+£0
Total Profit from sales	£27,788.23		+£0
Average monthly cash profit	£485.90	(13.2%)	-£1.39
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	89%		+0%

Potential profit down £200 thanks to the drop in JLP:Jubilee Metals, and value up just £307.

As with combined, above the injection line but dangerously close.

Same with the trend line, Still getting steeper.


The SIPP looks like this after week 334 overall and week 22 of year 7.

 

			Weekly Change
Cash	£197.79		+£162.51
Portfolio cost	£95,148.22		+£350.00
Portfolio sell value (bid price - commission)	£57,687.25	(-39.4%)	+£8.51
Potential profits	£223.65		-£25.90
Yr 7 Dividends	£10,557.68		+£0
Yr 7 Interest	£0		+£0
Yr 7 Profit from sales	£297.22		+£0
Yr 7 projected avg monthly profit	£2,121.70	(47.9%)	-£101.04
Total Dividends	£13,762.07		+£0
Total Interest	£0.20		+£0
Total Profit from sales	£24,021.85		+£0
Average monthly cash profit	£478.47	(10.8%)	-£1.43
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	69%		-1%

I injected some cash to buy the SAE:Simec Atlantis Energy shares so the cost went up £350, and then some tax rebates arrived, so cash ended up by £162. I bought 12,248 SAE shares at 2.76p costing £349.99 but my spreadsheet has decided it's £350 presumably due to a rounding error. That reduced my weighted average from 63.79p down to 7.45p which means if there's a pump and dump spike I can get rid, as any trading activity would never get it anywhere near 63p. I think it's a gamble and pretty much relies on them getting a contract for difference to install more tidal turbines, as I think they'll go bust without it.

Pretty flat, but thankfully the right side of the injection line after the recent dip.

Almost touching the trend line, but nothing happening to reverse it.

The trading account looks like this after week 300 overall and week 40 of year 6.

 

			Weekly Change
Cash	£259.74		+£0
Portfolio cost	£2,374.14		+£0
Portfolio sell value (bid price - commission)	£878.85	(-63.0%)	-£54.83
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	£14.42	(7.3%)	-£0.04
(Sold stocks profit + Dividends - Fees / Months)

Big drop this week just as I thought things were on the mend. I was wrong.

Still rubbish

Amazingly still above the trend line.

I started writing this 4 weeks ago and only just finishing, so nothing more to say.