Week 358 Review - Still the relentless slide continues to a new record low and £100k loss

The second week in a row with a big drop, as the deficit between cost and value increases by another £3,845 to £102,645 and overall value drops to £78,686. That's significant - my losses have topped £100k for the first time. It's an absolute disaster, and at the moment I don't see any reversal in trend. At this rate I'll have nothing left.

JLP:Jubilee Metals dropped 11% as the metals companies seem to be ultra volatile.

CAML:Central Asia Metals dropped 10% in one week and are back to making a loss.

SMS:Smart Metering Systems had finally got to within 7% of being profitable, but dropped 7% this week to go 14% down.

Share of the Week goes to TLOU:Tlou Energy which climbed 7% but is still 50% down and well below the price that makes it worth me taking my share options when they come due in July.

Almost down to my lowest value despite a £20k injection from my PBX:Probiotix shares dividend since then

Dropping faster than the trend line now.

Here's the ISA and shares portfolio after week 46 of year 7.

			Weekly Change
Cash	£6.43		+£0
Portfolio cost	£82,912.77		+£0
Portfolio sell value (bid price-commission)	£34,366.12	(-58.6%)	-£1,708.27
Potential profits	£1,379.55		-£67.50
Yr 7 Dividends	£10,425.77		+£0
Yr 7 Profit from sales	£3,970.12		+£0
Yr 7 projected avg monthly profit	£1,352.96	(36.7%)	-£30.06
Total Dividends	£11,768.92		+£0
Total Profit from sales	£28,094.06		+£0
Average monthly cash profit	£478.70	(13.0%)	-£1.34
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	89%		+0%

Not much to say other than big drop in value and looking grim.

Same pattern as the overall chart

Dire

The SIPP looks like this after week 342 overall and week 30 of year 7.

			Weekly Change
Cash	£218.79		+£121.55
Portfolio cost	£95,559.75		+£128.45
Portfolio sell value (bid price - commission)	£43,200.16	(-54.8%)	-£2,062.35
Potential profits	£0		-£96.54
Yr 7 Dividends	£10,656.80		+£0
Yr 7 Interest	£0		+£0
Yr 7 Profit from sales	£358.14		+£0
Yr 7 projected avg monthly profit	£1,574.71	(35.4%)	-£54.36
Total Dividends	£13,861.19		+£0
Total Interest	£0.20		+£0
Total Profit from sales	£24,082.77		+£0
Average monthly cash profit	£468.92	(10.5%)	-£1.38
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	69%		+0%

I got a tax rebate which increased cash, and my monthly APAX:Apax Global Alpha investment was made, increasing cost by £128. Potential profits went to £0 after the big drop for CAML:Central Asia Metals, and no dividends this week.

No comment

I don't want to have to adjust the axis lower again!

The trading account looks like this after week 308 overall and week 48 of year 6.

			Weekly Change
Cash	£259.74		+£0
Portfolio cost	£2,374.14		+£0
Portfolio sell value (bid price - commission)	£635.37	(-73.2%)	-£75.15
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	£14.04	(7.1%)	-£0.05
(Sold stocks profit + Dividends - Fees / Months)

Absolutely massive drop with everything falling.

Lowest ever value

Touching the trend line - my one element of optimism is gone.

I'm feeling very miserable.