Week 367 Review - Sold out of Tlou Energy at a loss

This was a relatively flat week with few movers, but I did take some fairly hefty losses when I sold TLOU:Tlou Energy, so although the deficit between cost and value improved by £2,460 to £80,179, the portfolio value dropped by about £500 to £98,337.

APAX:Apax Global Alpha dropped 5% after a really good run and is unfortunately back at a loss being 3% down.

CAML:Central Asia Metals also dropped 5% and is now only 3% up.

Share of the Week is PLUS:Plus500 which responded nicely to good results by climbing 6% and is now 13% in profit. This gives me a chance to implement my new virtual trailing stop-loss which I put 10% below my profits once they go above 10%. So if these drop down to 3% profit I will sell them. If they go up, then my trailing stop will go up too, so I never let them drop more than 10% without selling.

For new shares I will set my virtual trailing stop loss at -15% but it will stay there until they are at 10% profit, at which point it moves to 0% so I at least avoid selling at a loss.

Still below the injection line

A small tick up after taking the loss from TLOU:Tlou Energy

Here's the ISA and shares portfolio after week 3 of year 8.

			Weekly Change
Cash	£10.24		-£86.01
Portfolio cost	£80,785.06		-£2,127.71
Portfolio sell value (bid price-commission)	£42,309.29	(-47.6%)	-£317.74
Potential profits	£1,312.05		+£0
Yr 8 Dividends	£0		+£0
Yr 8 Profit from sales	-£2,213.72		-£2,213.72
Yr 8 projected avg monthly profit	-£3,197.60	(-86.6%)	-£3,197.60
Total Dividends	£11,768.92		+£0
Total Profit from sales	£25,880.34		-£2,213.72
Average monthly cash profit	£440.69	(11.9%)	-£27.41
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	84%		-5%

Big loss of £2,213 from selling TLOU:Tlou Energy. I sold after watching the BBC series Big Oil vs The World. There were two reasons. The first was the realisation of how bad methane production was for contributing to global warming. I had no idea how much methane leakage there was. The second was a purely financial fear that by the time the transmission line is complete, methane production will be so frowned upon that the whole thing will go bust.

I sold my 40,000 shares at 1.788p making at loss of £2,213.72 (-75.7%). Absolute disaster, but it did liberate £703 so I bought 2,601 shares in OPTI:Optibiotix at 29.885p costing £789.26.

Performance was hammered by the sale, particularly year 8 performance as we're still in the first month. Long term performance remains above 10% thanks to the PBX:Probiotix dividend.

Potential profits remained flat as JLP:Jubilee Metals didn't move. They are still up 217% and I've set my virtual stop loss at 200% so if they drop much further I'll sell.

Steep drop in cost while value fairly flat and well below the injection line.

Sharp tick upwards as the deficit improved after taking the loss.

The SIPP looks like this after week 351 overall and week 39 of year 7.

			Weekly Change
Cash	£76.54		-£6.13
Portfolio cost	£95,724.27		-£785.23
Portfolio sell value (bid price - commission)	£55,152.76	(-42.4%)	-£134.53
Potential profits	£232.10		-£85.71
Yr 7 Dividends	£10,727.13		+£0
Yr 7 Interest	£0.01		+£0
Yr 7 Profit from sales	-£3,290.88		-£1,139.10
Yr 7 projected avg monthly profit	£810.55	(17.1%)	-£151.30
Total Dividends	£13,931.52		+£0
Total Interest	£0.21		+£0
Total Profit from sales	£20,433.75		-£1,139.10
Average monthly cash profit	£412.37	(8.7%)	-£15.29
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	59%		-2%

Same story here as I sold my TLOU:Tlou Energy holding of 80,000 shares at 1.785p making a loss of £1,139.10 (44.8%). I also re-invested the proceeds in OPTI:Optibiotix buying 4,769 shares at 29.885p costing £1,437.17. When I added up my holding it was really close to 200,000 so I added some cash to my AJ Bell SIPP and bought another 1,076 at 30p costing £332,75 and reaching an unexpected and absolutely stunning milestone.

Performance was dented but not too badly, and my biggest losses this week were in profitable shares so potential profits dropped by £85 to £232.

Not as far below the injection line as the ISA

Less of a tick up, but we're starting to flatten the trend line a little.

The trading account looks like this after week 317 overall and week 5 of year 7.

			Weekly Change
Cash	£43.18		+£0
Portfolio cost	£1,877.84		+£0
Portfolio sell value (bid price - commission)	£745.34	(-60.3%)	+£0
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	£3.92	(2.5%)	-£0.01
(Sold stocks profit + Dividends - Fees / Months)

Virtually nothing happened, with JLP:Jubilee Metals staying flat and long term performance down by 1p.

Flat but still dreadful

I do believe that trend line is getting flatter!

No time to write any more, just feeling happy to have hit the 200,000 shares in OPTI:Optibiotix milestone, which takes away some of the misery of my TLOU:Tlou Energy loss.