Week 359 Review - Devastation as 4D Pharma goes into administration and new record low

The last few weeks have been really bad, in fact the last 12 months have been really bad, but when DDDD:4D Pharma suspended trading on Friday pending an announcement, things didn't looks good. They were not good, with a subsequent announcement that they had gone into administration after defaulting on the conditions of a loan and having no way to pay it back. This is my 2nd largest holding with around £18k invested which it looks like I'm going to lose.

Meanwhile there were lots of big drops and no shares increased by 5% or more, so the deficit between cost and value worsened by another £2,516 to £105,161 and took us to a new all-time low, with total value just £76,257.   

DDDD:4D Pharma had a big drop at the point they were suspended so fell 8% to go 88% down, but I suspect they will fall the other 12% as I am forced to write them off. The only vaguely good thing coming out of this is that I will lose about the same value as I got from the PBX:Probiotix shares dividend, so my overall performance will just go back to how it was before that. I will of course never go anywhere near junior pharma again after being wiped out twice.

APAX:Apax Global Alpha fell 6% after looking like it might get into profit for the last few weeks. They are now 10% down and looking less likely to get into profit.

CAML:Central Asia Metals continues to slide, falling 6% to go 7% down. The good news is I'm due a £2k pension transfer and I agreed with myself that half will go on CAML if they are still cheaper than I originally bought them, which is looking likely.

JLP:Jubilee Metals just can't get back above 15p and slipped another 5% this week.

Although no share made it above 5% this week, I will give Share of the Week to PLUS:Plus500, which climbed 3% and is only 1% down, so deserves a prize for giving me some hope in the current sea of misery.

When was the last time we went upwards?

Still dragging the trend line steeper downwards

Here's the ISA and shares portfolio after week 47 of year 7.

			Weekly Change
Cash	£6.43		+£0
Portfolio cost	£82,912.77		+£0
Portfolio sell value (bid price-commission)	£33,293.08	(-59.8%)	-£1,073.04
Potential profits	£1,352.55		-£27.00
Yr 7 Dividends	£10,425.77		+£0
Yr 7 Profit from sales	£3,970.12		+£0
Yr 7 projected avg monthly profit	£1,324.17	(35.9%)	-£28.79
Total Dividends	£11,768.92		+£0
Total Profit from sales	£28,094.06		+£0
Average monthly cash profit	£477.36	(13.0%)	-£1.34
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	89%		+0%

Nothing to say other than this is bad.

I'm fed up of writing the same thing every week.


The SIPP looks like this after week 343 overall and week 31 of year 7.

			Weekly Change
Cash	£306.29		+£87.50
Portfolio cost	£95,559.75		+£0
Portfolio sell value (bid price - commission)	£41,813.69	(-56.2%)	-£1,386.47
Potential profits	£0		+£0
Yr 7 Dividends	£10,678.80		+£22.00
Yr 7 Interest	£0		+£0
Yr 7 Profit from sales	£358.14		+£0
Yr 7 projected avg monthly profit	£1,526.99	(34.3%)	-£47.72
Total Dividends	£13,883.19		+£22.00
Total Interest	£0.20		+£0
Total Profit from sales	£24,082.77		+£0
Average monthly cash profit	£467.83	(10.5%)	-£1.09
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	69%		+0%

I got a tax rebate and a £22 dividend from ASY:Andrews Sykes Group, but aside from that the misery continues.

Same as ISA

Also same as ISA

The trading account looks like this after week 309 overall and week 49 of year 6.

			Weekly Change
Cash	£259.74		+£0
Portfolio cost	£2,374.14		+£0
Portfolio sell value (bid price - commission)	£578.52	(-75.6%)	-£56.85
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	£14.00	(7.1%)	-£0.04
(Sold stocks profit + Dividends - Fees / Months)

When I write off 40% of my pot invested in DDDD:4D Pharma this account will be in desperate trouble.

Below the trend line so all hope is lost

I just can't go on like this for much longer. Surely something has to go right for once?