Biggest loser was CEY:Centamin dropping 7%, which was a surprise given their positive production update. They have zero debt and a massive pile of cash, so I'm happy to continue holding them for the attractive dividend, which has paid out 8% since I bought them. Unfortunately the big drop took them out of profit to 2% loss. I'll apply the maximum 15% loss rule to them now, but hope they will get back into profit next week.
I bought back into JLP:Jubilee Metals as the final warrants have been exercised so I'm hoping the selling
will slow down now the warrant holders have raised cash to buy the rest of their
allocation. Unfortunately the spread and commission mean that one of my
holdings is already down 7%, but another one is only down by 1%. I'm
expecting a rapid rise to 20p, especially if there's news on copper
production.
Share of the week was SBTX:SkinBioTherapeutics which climbed 11% for no
apparent reason. There's thoughts that an announcement from Croda may be
imminent, or people are just getting twitchy. The 11% rise means my holding is
only 49% down, so has changed colour from crimson to orangered. Hope that
trend continues.
Note that everything has ticked up - more on that soon...
An almost flat week, but still just above the trend line
Here's the ISA and shares portfolio after week 25 of year 8.
I added £3,000 to my ISA after receiving my pension lump sum. The majority has gone into premium bonds, as I need to live off it now I'm dropping to working a 4-day week, but I want to put some in my ISA. I'm concerned that too much of my holding is with Hargreaves Lansdown so want to spread my risk a little, but as I already have an ISA open with them this year, I can't open another one with someone else. It's nearly April, so I've stashed £10k in a savings account and will open an ISA with AJ Bell in April, although if an irresistible bargain comes along before then I may put a little more into Hargreaves Lansdown.
| Weekly Change | |||
| Cash | £29.23 |
+£14.03 | |
| Portfolio cost | £85,169.26 | +£3,006.01 | |
| Portfolio sell value (bid price-commission) | £28,549.87 | (-66.5%) | +£266.58 |
| Potential profits | £0 | +£0 | |
| Yr 8 Dividends | £0 | +£0 | |
| Yr 8 Interest | £0.09 | +£0.04 | |
| Yr 8 Profit from sales | -£995.63 | +£0 | |
| Yr 8 projected avg monthly profit | -£175.81 | (-4.4%) | +£7.33 |
| Total Dividends | £11,768.92 | +£0 | |
| Total Interest | £0.09 | +£0.04 | |
| Total Profit from sales | £27,098.43 | +£0 | |
| Average monthly cash profit |
£429.12 |
(10.8%) | -£1.11 |
|
(Sold stocks profit + Dividends - Fees / Months) |
|||
| Compound performance | 81% | -6% |
I added £3,000 to my ISA after receiving my pension lump sum. The majority has gone into premium bonds, as I need to live off it now I'm dropping to working a 4-day week, but I want to put some in my ISA. I'm concerned that too much of my holding is with Hargreaves Lansdown so want to spread my risk a little, but as I already have an ISA open with them this year, I can't open another one with someone else. It's nearly April, so I've stashed £10k in a savings account and will open an ISA with AJ Bell in April, although if an irresistible bargain comes along before then I may put a little more into Hargreaves Lansdown.
I used the cash to buy 15,678 shares in JLP:Jubilee Metals at 12.68p costing
£1,999.92 and 54 shares in PLUS:Plus 500 at 1841p costing £1,006.09.
Both are shares I have owned in the past and I didn't want to sell PLUS:Plus
500. I got stopped out when they dropped 10%, but made £97 profit and £73
dividend, and they have so much cash that I feel a special dividend could be
on the cards in February and I want to be invested when that happens.
OPTI:Optibiotix went up by 0.25p which explains the small increase in value of
£266 in an otherwise fairly flat week, and 4p interest is a sign that higher interest rates are
making having some cash more attractive.
The big increase in injection amount caused cumulative performance to drop by
6% and long term average performance to drop by 0.8%.
Nice to see a big tick up, but not nice that the gap between value and injection amount is still just as wide.
Similar to overall chart.
The SIPP looks like this after week 373 overall and week 9 of year 8.
| Weekly Change | ||||
| Cash | £130.52 | -£1,600.47 | ||
| Portfolio cost | £99,361.09 | +£1,899.89 | ||
|
Portfolio sell value (bid price - commission) |
£41,784.00 | (-57.9%) | +£408.54 | |
| Potential profits | £1,010.58 | -£114.60 | ||
| Yr 8 Dividends | £0 | +£0 | ||
| Yr 8 Interest | £0.33 | +£0.11 | ||
| Yr 8 Profit from sales | -£67.32 | +£0 | ||
| Yr 8 projected avg monthly profit | -£43.44 | (-0.9%) | +£5.11 | |
| Total Dividends | £14,142.78 | +£0 | ||
| Total Interest | £0.58 | +£0.11 | ||
| Total Profit from sales | £20,366.43 | +£0 | ||
| Average monthly cash profit | £389.07 | (7.8%) | -£1.05 | |
|
(Sold stocks profit + Dividends - Fees / Months) |
||||
| Compound performance | 56% | +0% |
I used the money I was saving to buy PBX:Probiotix to buy 15,822 shares in JLP:Jubilee Metals at 11.945p costing £1,899.89. I timed this better than the ISA purchase and they were briefly in profit but dropped back on Friday and are 1% down now. If PBX absolutely tanks, then I'll inject some cash into my ISA to buy some bargains, or possibly sell some JLP if it zooms up next week.
Value is up for the same reason as the ISA, and 11p interest appeared. I could
do with selling something just to get the annual profit into positive
territory, but we're only on week 9 so there's plenty of time. I've also put
in a transfer request for another £2k from my current work pension so that
might arrive in time to use for PBX bargains, although I would like to get
some new magic formula shares.
Still pretty poor
As with the other charts, just above the trend line
The trading account looks like this after week 339 overall and week 27 of year 7.
The tiny rise in OPTI:Optibiotix sees this improve a fraction
Still pretty poor
As with the other charts, just above the trend line
The trading account looks like this after week 339 overall and week 27 of year 7.
| Weekly Change | |||
| Cash | £10.10 | +£0 | |
| Portfolio cost | £1,849.21 | +£0 | |
| Portfolio sell value (bid price - commission) | £578.61 | (-68.7%) | +£6.17 |
| 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 | -£11.51 | (-7.5%) | +£0.44 |
| Dividends | £60.10 | +£0 | |
| Interest | £0.01 | +£0 | |
| Profit from sales | £154.87 | +£0 | |
| Average monthly cash profit | £2.75 | (1.8%) | -£0.01 |
|
(Sold stocks profit + Dividends - Fees / Months) |
I just had a thought - I can't open my new ISA until April, but there's
nothing stopping me temporarily putting some of it into my standard share
account to try and kick start this. I'll add £1k and try and turn around this account's fortunes a bit. If I'm right about JLP:Jubilee Metals then I'm more likely to
keep my main holdings for longer if I can trade a smaller amount in here.
There's a long way to go if I am going to turn this mess around
The trend line is getting pulled flat again
There's a storm brewing with PBX:Probiotix, and it's already started. The share price has dropped during the week but I didn't reflect it in my spreadsheet as I don't really know what's going on. It's all over the place with a stupid spread, so I decided to wait until the dividend shares are available for trading and try and reflect the price change then. Unfortunately I'm almost certainly going to show a drop of about £10,000 portfolio value, as it's already showing a bid price of 15p which is a 25% drop, and nobody has received their free shares yet. I think it's going to nose dive next week, which is why I need to be ready to buy, but I have to wait until it's gone as low as it's going to. I'm anticipating less than 10p, as ex-OPTI:Optibiotix shareholders will likely sell at any price. I need to get my timing just right, although I don't have a very good track record for that!
There's a long way to go if I am going to turn this mess around
The trend line is getting pulled flat again
There's a storm brewing with PBX:Probiotix, and it's already started. The share price has dropped during the week but I didn't reflect it in my spreadsheet as I don't really know what's going on. It's all over the place with a stupid spread, so I decided to wait until the dividend shares are available for trading and try and reflect the price change then. Unfortunately I'm almost certainly going to show a drop of about £10,000 portfolio value, as it's already showing a bid price of 15p which is a 25% drop, and nobody has received their free shares yet. I think it's going to nose dive next week, which is why I need to be ready to buy, but I have to wait until it's gone as low as it's going to. I'm anticipating less than 10p, as ex-OPTI:Optibiotix shareholders will likely sell at any price. I need to get my timing just right, although I don't have a very good track record for that!
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