My deficit between cost and value widened by a massive £12,786 to a record
£128,253, with portfolio value at £68,306. I'm not worried about this drop
though, as it was entirely predictable and will hopefully just be a
short-lived buying opportunity, and I have plenty of ammo waiting for the
right moment.
PBX:Probiotix Health dropped 57% in a week - pretty spectacular, and given my holding was worth £20k explains most of the drop this week.
PBX:Probiotix Health dropped 57% in a week - pretty spectacular, and given my holding was worth £20k explains most of the drop this week.
POLY:Polymetal dropped 9% of my original purchase price, but more
like 40% from its price last week after fears that they will be screwed out
of their Russian assets, and worry about them domiciling in Kazakhstan. I'm
stuck with these as they've dropped so much, so resigned to whatever fate
befalls them.
A couple of my new purchases dropped more than 5%, but that's mainly due to spread and commission. They did fall in price too. SHG:Shanta Gold dropped 9% and CAPD:Capital dropped 6%, but it's early days for these.
A couple of my new purchases dropped more than 5%, but that's mainly due to spread and commission. They did fall in price too. SHG:Shanta Gold dropped 9% and CAPD:Capital dropped 6%, but it's early days for these.
NUM:Numis Corp has been recovering lately, but dropped 6% this week.
This is the share I should have sold when they went past my 15% threshold,
but I missed the chance and now they are 26% down so I won't sell. Hoping
for a recovery though.
BLU:Blue Star Capital climbed 8% on no news, so I suspect something
must be going on that we don't know about. I don't really care what happens
with these as it's a tiny investment.
Share of the week is III:3i Group which climbed 11%. The only problem is these are my monthly savings shares and I only have £250 of them so far, so the 11% was about £27.
I've done away with the cumulative chart, as I figure it's so similar to
the others I may as well not show it. I've also combined the share listing
for the ISA and share accounts in the right column as they're in the same
spreadsheet and chart, and I added a load of cash into my new AJ Bell
account while I wait until April when I can transfer it to an ISA.
Here's the ISA and shares portfolio after week 26 of year 8.
I added loads of cash from my pension lump sum, almost £5,000 of which went on shares and the rest is ammo for PBX:Probiotix bargains, although not all of it.
| Weekly Change | |||
| Cash | £4,037.00 |
+£4,007.77 | |
| Portfolio cost | £90,161.49 | +£4,992.23 | |
| Portfolio sell value (bid price-commission) | £27,135.50 | (-69.9%) | -£6,406.60 |
| Potential profits | £0 | +£0 | |
| Yr 8 Dividends | £0 | +£0 | |
| Yr 8 Interest | £0.09 | +£0 | |
| Yr 8 Profit from sales | -£995.63 | +£0 | |
| Yr 8 projected avg monthly profit | -£169.05 | (-3.6%) | +£6.75 |
| Total Dividends | £11,768.92 | +£0 | |
| Total Interest | £0.09 | +£0 | |
| Total Profit from sales | £27,098.43 | +£0 | |
| Average monthly cash profit |
£428.02 |
(9.1%) | -£1.10 |
|
(Sold stocks profit + Dividends - Fees / Months) |
|||
| Compound performance | 68% | -13% |
I added loads of cash from my pension lump sum, almost £5,000 of which went on shares and the rest is ammo for PBX:Probiotix bargains, although not all of it.
Portfolio value dropped by £6,406 almost entirely because of
PBX:Probiotix, and long term performance dropped by over 1% due to
the big increase in injection amount.
The first new share I bought was ASHM:Ashmore Group. I held them in
the past but sold due to concerns over their exposure to Evergrande. That
seems to have blown over now China has lifted Covid restrictions so I
bought back in. I got 364 shares at 270.301p costing £998.77 with
commission and stamp duty. They dropped 1p so are down by 3% with spread
and commission.
The next new share was WHR:Warehouse REIT which has been near the
top of my magic formula ranking for a while. I bought 910 shares at
108.1783p costing £999.29. They rose to 108.6p but are down 2% on
commission.
The next new share was PAGE:Page Group, which again are high on my
magic formula ranking. They are a recruitment agency so seem to be out of
favour due to possibility of recession, but it seems to me we have a
workforce shortage, so their services are likely to still be in demand. I
bought 217 shares at 452.32p costing £996.39. They dropped slightly to
449.8p so are down 3%.
The next new share wasn't originally on my magic formula spreadsheet, but
I read an article about them and they looked interesting. When I added
them to the spreadsheet they came in the top 30 so qualify as a magic
formula share. They are CAPD:Capital and provide contract services
in a range of industries. I bought 917 shares at 107.87p costing £999,12.
They dropped to 103p so are down 6% when you include commission.
The final share was an old favourite. Not a magic formula share, but one
I've kept an eye on since owning them a few years ago.
CWR:Ceres Power are still loss-making, but they should be signing a
joint venture in China very soon which should see them generate a lot more
revenue. I've made £1,500 profit from previous holdings so thought they
were worth a bit of risk. I bought 238 shares at 415.425p costing £998.66.
They rose to 423.6p but are still just down by 44p due to commission.
So quite an exciting week for new purchases, and a hope that this account may finally get to register some profitable shares soon.
Big up-tick in cost and injection lines, but much lower up-tick in value.
That says it all, with a plummet back below the trend line.
So quite an exciting week for new purchases, and a hope that this account may finally get to register some profitable shares soon.
Big up-tick in cost and injection lines, but much lower up-tick in value.
That says it all, with a plummet back below the trend line.
The SIPP looks like this after week 374 overall and week 10 of year 8.
| Weekly Change | ||||
| Cash | £130.52 | +£0 | ||
| Portfolio cost | £99,361.09 | +£0 | ||
|
Portfolio sell value (bid price - commission) |
£35,480.53 | (-64.3%) | -£6,303.47 | |
| Potential profits | £1,114.98 | +£104.40 | ||
| Yr 8 Dividends | £0 | +£0 | ||
| Yr 8 Interest | £0.33 | +£0 | ||
| Yr 8 Profit from sales | -£67.32 | +£0 | ||
| Yr 8 projected avg monthly profit | -£39.09 | (-0.8%) | +£4.35 | |
| Total Dividends | £14,142.78 | +£0 | ||
| Total Interest | £0.58 | +£0 | ||
| Total Profit from sales | £20,366.43 | +£0 | ||
| Average monthly cash profit | £388.03 | (7.8%) | -£1.04 | |
|
(Sold stocks profit + Dividends - Fees / Months) |
||||
| Compound performance | 56% | +0% |
Very little happened apart from the PBX:Probiotix crash, and most of last week's reduction in potential profit was clawed back. IGG:IG Group are getting perilously close to the 15% loss when I should sell them, down by 11%. They have been down way below 15% in the past and come back almost to profit, but are not performing very well. Having said that, the dividend has been very good returning 9% altogether in the 2 years I've held them.
New record low
Back below the trend line as we spiral ever lower. This is all down to microbiome shares. If they don't turn around soon I'm doomed. I'm convinced they will turn around, but I've been known to be wrong.
The trading account looks like this after week 340 overall and week 28 of year 7.
| Weekly Change | |||
| Cash | £20.31 | +£10.21 | |
| Portfolio cost | £2,849.00 | +£999.79 |
|
| Portfolio sell value (bid price - commission) | £1,502.15 | (-47.3%) | -£76.25 |
| Potential profits | £0 | +£0 | |
| Year 7 Dividends | £0.00 | +£0 | |
| Year 7 Interests | £0.01 | +£0 | |
| Year 7 Profit | -£71.73 | +£0 | |
| Yr 7 projected avg monthly profit | -£11.10 | (-4.7%) | +£0.41 |
| Dividends | £60.10 | +£0 | |
| Interest | £0.01 | +£0 | |
| Profit from sales | £154.87 | +£0 | |
| Average monthly cash profit | £2.74 | (1.2%) | -£0.01 |
|
(Sold stocks profit + Dividends - Fees / Months) |
I bought 3948 shares in JLP:Jubilee Metals at 12.41p because I was
convinced they'd go up as soon as the warrant seller stopped. I was wrong,
although offer price is now above what I paid, but with wide spread they
are down 5%.
I also bought 4145 shares in SHG:Shanta Gold which is another of my
old holdings and one I expected to go up as the price of gold goes up, but
the share price dropped and there's a wide spread, so they are already
down 9%.
The problem with only spending £500 is the commission takes up 4%, so when
there's a big spread it takes a lot of effort to make that up. I may have
to re-think and switch to £1,000 as minimum investment, although on past
performance that would just help me lose twice as much money.
Everybody up!
The real truth - dropping for 6 months and below the trend line. Will it turn around with the new blood?
It feels like a bit of a fresh start having injected loads of new money and bought more magic formula shares. I still have £4k to spend in my new share account, at least £2k of which will be PBX:Probiotix, and I also have £2k more coming from my work pension transfer. I'm very tempted to use that to buy more CAML:Central Asia Metals, as they have paid off all their debt, so unless they have another acquisition in mind, they may have to dish some of it out to shareholders. It's quite revealing that there's no longer even the slightest temptation to buy any more OPTI:Optibiotix!
Everybody up!
The real truth - dropping for 6 months and below the trend line. Will it turn around with the new blood?
It feels like a bit of a fresh start having injected loads of new money and bought more magic formula shares. I still have £4k to spend in my new share account, at least £2k of which will be PBX:Probiotix, and I also have £2k more coming from my work pension transfer. I'm very tempted to use that to buy more CAML:Central Asia Metals, as they have paid off all their debt, so unless they have another acquisition in mind, they may have to dish some of it out to shareholders. It's quite revealing that there's no longer even the slightest temptation to buy any more OPTI:Optibiotix!
