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.