Sunday, 27 November 2022

Week 381 Review - Best week for a while as Optibiotix improves but flat elsewhere

Generally a very quiet week, but a 3p rally in OPTI:Optibiotix saw the deficit between cost and value narrow by £6,719 to £100,498 and portfolio value increase to £82,273. Best week for quite a while.

CEY:Centamin has been on a slow and steady recovery, rising another 5% this week to go just 9% down. It's only 1% down if you include dividends. It's trading at a healthy P/E ratio for a miner, a trend they need to continue if I'm ever going to get in profit. The next review date isn't until June so I'll keep them for a while yet.

The only other big mover was OPTI:Optibiotix, which gets Share of the Week. They climbed 5% in my main accounts, but an amazing 16% in my trading holdings. The trading shares are in profit, but my main holding is still 64% down.




Last week's loss has been fully recovered plus a bit more. Hope is re-kindled.




Starting to pull that trend line flatter

Here's the ISA and shares portfolio after week 17 of year 8.




Weekly Change
Cash £52.68

+£0
Portfolio cost £82,003.25
+£0
Portfolio sell value (bid price-commission) £33,072.27 (-59.7%) +£3,140.53
Potential profits £156.12
+£156.12
Yr 8 Dividends £0
+£0
Yr 8 Interest £0.03
+£0
Yr 8 Profit from sales -£995.63
+£0
Yr 8 projected avg monthly profit -£256.65 (-6.9%) +£16.04
Total Dividends £11,768.92
+£0
Total Interest £0.03
+£0
Total Profit from sales £27,098.43
+£0
Average monthly cash profit £439.37
(11.9%) -£1.16
(Sold stocks profit + Dividends - Fees
/ Months)
Compound performance 87% +0%

Big increase in value, and much joy as my short-term pot of OPTI:Optibiotix goes into £156 profit.

If I'm to make up the £995 loss for year 8 sales I need OPTI to get to 30p from its current 21p. I think that's achievable, and so my target price to sell the trading pot. This is money from selling JLP:Jubilee Metals, which I still hope to buy back in January when the pesky warrant holder has finished offloading shares and dragging the share price down.




Highest we've been in a few months, but a long way to go just to cross the injection line.




Getting back above the £40k loss line will be a big boost to the morale. Might take a while though.

The SIPP looks like this after week 365 overall and week 1 of year 8.




Weekly Change
Cash £94.94
+£32.50
Portfolio cost £98,772.58
+£0
Portfolio sell value
(bid price - commission)
£48,283.87 (-51.1%) +£3,505.23
Potential profits £632.76
+£76.59
Yr 8 Dividends £0
+£0
Yr 8 Interest £0
+£0
Yr 8 Profit from sales £0
+£0
Yr 8 projected avg monthly profit £0 (0%) +£0
Total Dividends £14,142.78
+£0
Total Interest £0.25
+£0
Total Profit from sales £20,433.75
+£0
Average monthly cash profit £398.67 (8.1%) -£1.10
(Sold stocks profit + Dividends - Fees
/ Months)
Compound performance 57% +0%

Cash went up thanks to a tax rebate. Big increase in value from OPTI:Optibiotix, and potential profits up but not by as much as they dropped last week. Year 8 starting means all year stats re-set to zero.




Closer to the injection line than the ISA




Very similar to the ISA, with almost identical amount of loss, due to almost identical number of OPTI:Optibiotix shares!

The trading account looks like this after week 331 overall and week 19 of year 7.




Weekly Change
Cash £0.10
+£0
Portfolio cost £1,849.21
+£0
Portfolio sell value (bid price - commission) £769.96 (-58.4%) +£74.07
Potential profits £23.26
+£23.26
Year 7 Dividends £0.00
+£0
Year 7 Interests £0.01
+£0
Year 7 Profit -£71.73
+£0
Yr 7 projected avg monthly profit -£16.36 (-10.6%) +£0.91
Dividends £60.10
+£0
Interest £0.01
+£0
Profit from sales £154.87
+£0
Average monthly cash profit £2.81 (1.8%) -£0.01
(Sold stocks profit + Dividends - Fees
/ Months)

The biggest rise for a long time, with OPTI:Optibiotix rising £74 and going £23 into profit. I need to make more than £71 profit to get year 7 back into the black, which needs OPTI to get to 23p from the current 21p. I may give it a wee bit longer than that, maybe to at least 25p.




Still doesn't look very good.




That doesn't look too good either. Maybe I should be waiting a bit longer before I sell, although when I do this chart will look dreadful.

Seems like ages since I felt good writing the blog. Having said that, 3p is a pretty dismal rise compared to the old days when OPTI:Optibiotix could easily do 15p in a week. In those days it meant over £10k increase in value, but these days it would be around £35k which would smash my record for best week. I'm still optimistic I could be writing about such a week in the not too distant future.

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