Saturday, 23 July 2022

Week 363 Review - Quite a good week spoiled by an Optibiotix dip

This would have been quite a good week, but a 2.5p drop in OPTI:Optibiotix spoiled everything else and the deficit between cost and value widened by £3,850 to £78,292. Total value fell to £105,134, but at the moment as long as it's above £100k then I'm happy.

Biggest fallers were only 5%. The first of these was AJB:AJ Bell which I only bought on Friday but it dropped afterwards and there's also spread. Not a great start to my latest magic formula share.

SBTX:SkinBioTherapeutics also fell 5% in my SIPP for no reason other than drift because nothing seems to be happening.

I don't usually mention rises of less than 5%, but PLUS:Plus500 climbed 4% and is now in profit by 2%. I have so few things in profit I figured it was worth celebrating. It's only £24 up, but I've also had £47 in dividends. I'm past my 12 month review period, but as it still appears in my top 30 magic formula shares using the new ranking system, I've clocked on the review date by 12 months.

CEY:Centamin climbed by 6% but is still 31% down. This is another magic formula share that's past the 12 month review date but still in the top 30, so again I've clocked on the review date another year.

TLOU:Tlou Energy went up 7%. It may have been caused by photos of the breaking ground ceremony for the electricity transmission lines. This demonstrates that they really are going ahead with the project and when it's finished there should be a huge amount of revenue. For now they are still 47% down.

JLP:Jubilee Metals had the biggest rise this week of 9%, but I'm not giving it Share of the Week because it's 9% of my purchase price which is a much smaller percentage rise of the current price. I'm still going to measure percentage change based on my purchase price though, as keeping a snapshot of last week's price to measure the rise is too much effort.

IGG:IG Group climbed 8% after really good results, but they are still 12% down from when I bought them. They are also still in my top 30 magic formula shares, so their review date has also clocked on 12 months.

Share of the week is CAML:Central Asia Metals because they climbed 8% to go back into profit, and it's just after I doubled the size of my holding so I'm very happy with them. Although they are in my top 30 magic formula ranking, I'm not going to treat them as a magic formula share as I like them too much. I'll keep adding more and build my holding back up to what it was a few years ago.




Managed to stay just above the injection line.




Hopefully just a little dip as people take OPTI:Optibiotix trading profits.

Here's the ISA and shares portfolio after week 51 of year 7.




Weekly Change
Cash £100

+£100
Portfolio cost £82,912.77
+£0
Portfolio sell value (bid price-commission) £46,259.27 (-44.2%) -£2,198.34
Potential profits £1,217.55
+£54.00
Yr 7 Dividends £10,425.77
+£0
Yr 7 Profit from sales £3,970.12
+£0
Yr 7 projected avg monthly profit £1,219.68 (33.0%) -£24.39
Total Dividends £11,768.92
+£0
Total Profit from sales £28,094.06
+£0
Average monthly cash profit £472.01
(12.8%) -£1.31
(Sold stocks profit + Dividends - Fees
/ Months)
Compound performance 89% +0%

Cash is up £100 as I had none to pay fees so opened a new ISA for the tax year with £100. Potential profits up £54 thanks to JLP:Jubilee Metals, and £2,198 drop in value thanks to OPTI:Optibiotix. Next week marks the end of year 7 which will look better than it actually was thanks to the big share dividend when PBX:Probiotix was spun out.




As with the combined chart, we're just above the injection line




Looks a bit steeper than the dip on the combined chart.

The SIPP looks like this after week 347 overall and week 35 of year 7.




Weekly Change
Cash £103.73
+£28.06
Portfolio cost £98,389.93
+£3.96
Portfolio sell value
(bid price - commission)
£57,907.77 (-41.1%) -£1,666.11
Potential profits £86.08
+£86.08
Yr 7 Dividends £10,727.13
+£0
Yr 7 Interest £0.01
+£0.01
Yr 7 Profit from sales £275.31
+£32.00
Yr 7 projected avg monthly profit £1,346.85 (28.9%) -£35.58
Total Dividends £13,931.52
+£0
Total Interest £0.21
+£0.01
Total Profit from sales £23,999.94
+£32.00
Average monthly cash profit £461.87 (9.9%) -£0.94
(Sold stocks profit + Dividends - Fees
/ Months)
Compound performance 66% +0%

Potential profits are up £96, some of which was PLUS:Plus500 and some of which was CAML:Central Asia Metals. Much excitement with a 1p interest payment!

I sold my shares in DNLM:Dunelm Group because they were outside the top 30 magic formula shares using my new ranking method, so it was a mistake to buy them a few weeks ago. Seeing as they popped into profit I sold my 121 shares at 872.0062p making £32 (3.6%) profit.

As I mentioned in the intro, I re-invested in AJB:AJ Bell which is in the top 30 magic formula shares and is also on an ascending trajectory, as another rule for my magic formula shares is never to buy them if they are on their way down. I've learnt from my mistakes with that one - on many occasions! I bought 325 shares at 307.1359p costing £1,015.13 with commission and stamp duty.

Total value dropped £1,666 but long term performance still looking good, at least until DDDD:4D Pharma go bust at which point it will be dreadful.




Same as the other charts




Slightly less steep drop than the ISA

The trading account looks like this after week 313 overall and week 1 of year 7.




Weekly Change
Cash £43.18
+£0
Portfolio cost £1,877.84
+£0
Portfolio sell value (bid price - commission) £721.00 (-61.6%) +£13.92
Potential profits £0.00
+£0
Year 7 Dividends £0.00
+£0
Year 7 Profit £0.00
+£0
Yr 7 projected avg monthly profit £0.00 (0.0%) +£0
Dividends £60.10
+£0
Profit from sales £226.60
+£0
Average monthly cash profit £3.97 (2.5%) -£0.01
(Sold stocks profit + Dividends - Fees
/ Months)

We start year 7 this week so thankfully all the huge negatives from year 6 have gone back to zero. Potential profits went up by £13 thanks to JLP:Jubilee Metals so I'm hoping that means the big seller has stopped, as it was just typical that this should happen the week after I bought them for my trading account!




Still desperately bad




I like this chart more!

There's a sense of excitement in the OPTI:Optibiotix camp like I've not seen before. After 7 years of mostly misery it looks as if there will be a run of big announcements through the rest of this year. I thought Sweetbiotix was our holy grail, but it's looking like the microbiome modulators could be even bigger. That's astonishing because Sweetbiotix is going to be huge. It's been a long wait, but if everything pans out as hoped, it will have been worth it.

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