Week 357 Review - A bigger drop than the drop 2 weeks ago takes us to new all-time low

Just as I thought I had hit the bottom, it gets worse and the deficit between cost and value increases by another by £4,446 to £98,799. Total value is only £82,281 which is well below half.

It was mostly my Biotech shares that let me down. In fact they are the main reason things are so bad.

SBTX:SkinBioTherapeutics dropped 7%, DDDD:4D Pharma dropped 5%, and OPTI:Optibiotix dropped 1.5p, which although a small percentage is worth about £2,500.

TLOU:Tlou Energy also dropped by 7% to go 57% down.

FXPO:Ferrexpo are not getting any better, and dropped 6% to go 65% down.

JLP:Jubilee Metals had a reasonable week climbing 7%.

Share of the Week is APAX:Apax Global Alpha which climbed 9% but my tiny holding is still down 4%.

No sign of improvement

New record low

Here's the ISA and shares portfolio after week 45 of year 7.

			Weekly Change
Cash	£6.43		+£0
Portfolio cost	£82,912.77		+£0
Portfolio sell value (bid price-commission)	£36,074.39	(-56.5%)	-£1,957.05
Potential profits	£1,447.05		+£40.50
Yr 7 Dividends	£10,425.77		+£0
Yr 7 Profit from sales	£3,970.12		+£0
Yr 7 projected avg monthly profit	£1,383.02	(37.5%)	-£31.43
Total Dividends	£11,768.92		+£0
Total Profit from sales	£28,094.06		+£0
Average monthly cash profit	£480.04	(13.0%)	-£1.35
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	89%		+0%

The increase in potential profits of £40 from JLP:Jubilee Metals seems pretty poor compared to the drop in value of £1,957 for the rest of the portfolio.

Very bad

Worst ever

The SIPP looks like this after week 341 overall and week 2 of year 7.

			Weekly Change
Cash	£97.24		+£0
Portfolio cost	£95,431.30		+£0
Portfolio sell value (bid price - commission)	£45,134.06	(-52.7%)	-£2,445.05
Potential profits	£96.54		-£9.52
Yr 7 Dividends	£10,656.80		+£91.76
Yr 7 Interest	£0		+£0
Yr 7 Profit from sales	£358.14		+£0
Yr 7 projected avg monthly profit	£1,629.07	(36.7%)	-£46.10
Total Dividends	£13,861.19		+£91.76
Total Interest	£0.20		+£0
Total Profit from sales	£24,082.77		+£0
Average monthly cash profit	£470.30	(10.6%)	-£0.39
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	69%		+0%

One tiny crumb of comfort amongst the £2,445 drop in value was the £91 of dividends. That was £57 from CAML:Central Asia Metals and £34 from CEY:Centamin. Everything else is rubbish.

Will this ever turn around?

The trading account looks like this after week 307 overall and week 47 of year 6.

			Weekly Change
Cash	£259.74		+£0
Portfolio cost	£2,374.14		+£0
Portfolio sell value (bid price - commission)	£710.52	(-70.1%)	-£44.37
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	£14.09	(7.1%)	-£0.04
(Sold stocks profit + Dividends - Fees / Months)

Yet another big drop - I may as well give up.

I think it's just about worst ever

Amazingly still above the trend line, but heading towards it.

I'm late publishing again. Somehow my heart just isn't in it any more. In the old days you'd get some bad weeks, but then a really good one. I can't remember the last time I had even a slightly good week.