Week 398 Review - Relatively flat but Optibiotix drop results in new all-time low

This would have been a positive week, up by around £500, but OPTI:Optibiotix did what it usually does just after I buy some more, and dropped 0.5p so I ended up down by £463 to reach yet another all-time low and extend the deficit to £122,936 while the portfolio value dropped to £57,192.

Biggest loser was WHR:Warehouse REIT which dropped 6% and is now 17% down.

SBTX:SkinBioTherapeutics dropped another 5% after another week when absolutely nothing happened and it starts to feel like they will never sell their lysate to anyone.

EDV:Endeavour Mining climbed 5% for the 2nd week in a row but they are still 7% down. At least it's single figures, unlike most of the others.

JLP:Jubilee Metals recovered by between 5 and 7% depending what I paid for them, but most of my shares are still around 30% down, so my master plan to buy loads after the warrants expired was a disaster.

III:3i Group recovered 5% and are now my only share in profit. Shame it's my smallest holding as I've been buying with my monthly savings. I have increased that from £130 a month to £250 a month to make up for my work pension contributions dropping off by 20% when I go to a 4-day week. It means I will get to my £1,000 holding in another 2 months, and in future get to each £1,000 in 4 months, so much more opportunity for increasing my range of magic formula shares.

IES:Invinity Energy dropped in price, but thanks to my open offer holding reducing my average price, it appeared to climb by 6%. It is however 87% down.

Share of the Week goes to GAW:Games Workshop which climbed 6% and is now only 3% down.

Here's the ISA and shares portfolio after week 34 of year 8.

			Weekly Change
Cash	£27.74		+£0
Portfolio cost	£86,217.02		+£0
Portfolio sell value (bid price-commission)	£26,314.10	(-69.5%)	-£190.26
Potential profits	£0		+£0
Yr 8 Dividends	£0		+£0
Yr 8 Interest	£0.12		+£0
Yr 8 Profit from sales	-£10,815.68		+£0
Yr 8 proj avg monthly profit	-£1,382.11	(-28.4%)	+£41.88
Total Dividends	£11,768.92		+£0
Total Interest	£0.12		+£0
Total Profit from sales	£17,278.38		+£0
Average monthly cash profit	£312.39	(6.4%)	-£0.79
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	49%		-1%

Very little happened - one of the flattest weeks ever, but as usual it ended up down.

Still doggedly following the trend line downwards as I have been for about 2 years.

The SIPP looks like this after week 382 overall and week 18 of year 8.

			Weekly Change
Cash	£363.82		+£107.50
Portfolio cost	£91,844.47		+£0
Portfolio sell value (bid price - commission)	£29,536.45	(-67.8%)	-£312.65
Potential profits	£2.89		+£2.89
Yr 8 Dividends	£43.43		+£0
Yr 8 Interest	£0.67		+£0
Yr 8 Profit from sales	-£9,820.16		+£0
Yr 8 proj avg monthly profit	-£2,364.50	(-45.7%)	+£139.08
Total Dividends	£14,186.21		+£0
Total Interest	£0.92		+£0
Total Profit from sales	£10,613.59		+£0
Average monthly cash profit	£269.51	(5.2%)	-£0.71
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	38%		+0%

I received a tax rebate for £107 to increase cash, and III:3i Group went into profit but by just £2. Year 8 projected performance will improve considerably each week I don't make a loss, but I can't see any way I'm going to get back the £9,820 losses in the remaining 34 weeks of year 8. It's definitely heading towards being my worst ever year by some margin.

Same story as the ISA

The trading account looks like this after week 348 overall and week 36 of year 7.

			Weekly Change
Cash	£20.25		+£0
Portfolio cost	£1,763.50		+£0
Portfolio sell value (bid price - commission)	£1,038.06	(-41.1%)	+£39.58
Potential profits	£0		+£0
Year 7 Dividends	£0.00		+£0
Year 7 Interests	£0.02		+£.0
Year 7 Profit	-£1,157.99		+£0
Yr 7 proj avg monthly profit	-£139.30	(-94.8%)	+£3.98
Dividends	£60.10		+£0
Interest	£0.02		+£0
Profit from sales	-£930.69		+£0
Average monthly cash profit	-£10.84	(-7.4%)	+£0.03
(Sold stocks profit + Dividends - Fees / Months)

I recovered last week's losses. It would be nice if I could do that every week, but extremely unlikely.

Unfortunately this chart is only heading upwards because I keep realising losses. The top chart showing an injection amount of just over £2,500 vs a value of just over £1,000 shows the true desperation of this account.

There's nothing to look forward to next week and generally no hope. It's getting harder and harder to write this every week because it feels like a broken record. In  past years I'd get bad weeks but then absolutely brilliant weeks to make up for them. These days it's bad on top of bad with no respite. It's become a chore rather than a pleasure.

Week 397 Review - Yet another all-time low

What an utterly dreadful week. I'm writing this a week later as I was too depressed to do it any sooner, and it's going to be very brief. I did a bed and ISA on my OPTI:Optibiotix and PBX:Probiotix share account shares because of the draconian reductions in capital gain tax allowances. I bought them back for the same price I sold them in my ISA but it registered a loss of £2,455. If you add that to the widening of the deficit between cost and value of £1,383, then the portfolio lost £3,824. The deficit is now £122,473 and portfolio value just £57,656.

The following drops, many of which are magic formula shares, would have stopped out nearly all my holdings. I decided the drop wasn't based on those shares, but the general market, so I abandoned the 15% stop loss else it would have cost me about £1,500 in realised losses. Let's hope they do turn around.

IGG:IG Group lost 14% to go 14% down.

CAPD:Capital lost 10% to go 15% down.

ASHM:Ashmore Group lost 7% to go 17% down.

III:3i Group lost 7% to go 4% down.

RIO:Rio Tinto lost 7% to go 13% down.

APAX:Apax Global Alpha lost 6% to go 16% down.

CAML:Central Asia Metals lost 6% to go 11% down.

OPTI:Optibiotix lost 5% where the holdings were bought between 10p and 20p to go 43% down, with my other shares more like 80% down.

PLUS:Plus 500 lost 5% to go 11% down.

SBTX:SkinBioTherapeutics lost 5% to go 54% down.

EDV:Endeavour Mining went up thanks to a rally in the gold price. It only went up by 5% and is still 12% down.

Share of the Week is BLU:Blue Star Capital which went up 8%, but is still 69% down and I have a tiny holding, so it didn't do anything to offset the losses above.

Here's the ISA and shares portfolio after week 33 of year 8.

			Weekly Change
Cash	£27.74		-£91.58
Portfolio cost	£86,217.02		-£1,595.68
Portfolio sell value (bid price-commission)	£26,504.36	(-69.3%)	-£1,018.29
Potential profits	£0		-£17.90
Yr 8 Dividends	£0		+£0
Yr 8 Interest	£0.12		+£0
Yr 8 Profit from sales	-£10,815.68		-£2,455.09
Yr 8 projected avg monthly profit	-£1,423.99	(-29.6%)	-£288.23
Total Dividends	£11,768.92		+£0
Total Interest	£0.12		+£0
Total Profit from sales	£17,278.38		-£2,455.09
Average monthly cash profit	£313.18	(6.5%)	-£27.68
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	50%		-4%

Selling OPTI:Optibiotix to bed and ISA meant I got 11.25p after paying 64.87p so took a paper loss of £2,147.23 (82.8%) but kept almost the same number of shares which are regarded as being bought at 11.25p. I also added £760 I got for my pension payment and a premium bond win and bought 6,536 more at 11.445p, even though I promised I wouldn't get any more. I couldn't really face buying anything else right now. I also took a £307.86 (65%) paper loss on PBX:Probiotix when I sold them for 7p after buying at 21p, although I didn't buy them as they were a dividend, but I valued the dividend at 21p so that was the virtual price I paid.

The value dropped an additional £1,018, and nothing is in paper profit. Long term performance took a big hit but I'm hoping it's the last forced sale for a while, until something else goes bust.

The SIPP looks like this after week 381 overall and week 17 of year 8.

			Weekly Change
Cash	£256.32		-£0.75
Portfolio cost	£91,844.47		+£0
Portfolio sell value (bid price - commission)	£29,849.10	(-67.5%)	-£1,921.56
Potential profits	£0		-£13.45
Yr 8 Dividends	£43.43		+£0
Yr 8 Interest	£0.67		+£0
Yr 8 Profit from sales	-£9,820.16		+£0
Yr 8 projected avg monthly profit	-£2,503.858	(-48.4%)	+£156.31
Total Dividends	£14,186.21		+£0
Total Interest	£0.92		+£0
Total Profit from sales	£10,613.59		+£0
Average monthly cash profit	£270.22	(5.2%)	-£0.72
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	38%		+0%

Not much happened other than a great big drop in value and all potential profits wiped out. Spiffing.

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

			Weekly Change
Cash	£20.25		+£0
Portfolio cost	£1,763.50		+£0
Portfolio sell value (bid price - commission)	£998.48	(-43.4%)	-£39.53
Potential profits	£0		+£0
Year 7 Dividends	£0.00		+£0
Year 7 Interests	£0.02		+£.0
Year 7 Profit	-£1,157.99		+£0
Yr 7 projected avg monthly profit	-£143.28	(-97.5%)	+£4.22
Dividends	£60.10		+£0
Interest	£0.02		+£0
Profit from sales	-£930.69		+£0
Average monthly cash profit	-£10.87	(-7.4%)	+£0.03
(Sold stocks profit + Dividends - Fees / Months)

What a surprise, everything dropped in value.

Not writing anything else as I'm totally fed up.

Week 396 Review - Dreadful week takes us to new record low

Every week it gets worse. JLP:Jubilee Metals, OPTI:Optibiotix and PBX:Probiotix all dropped this week and are my biggest holdings. The deficit between cost and value grew by £3,915 to £121,089 and total portfolio value dropped to £59,727. Yet another all-time low.

JLP:Jubilee Metals was worst performer dropping between 10% and 14% of my purchase price depending what I bought it for. That accounted for a big chunk of the losses this week.

RIO:Rio Tinto plummeted 9% and has gone from profit to a 6% loss.

ASHM:Ashmore Group dropped 8%, as did BLU:Blue Star Capital. Thank goodness I sold my quick trade there else I'd be stuck.

SBTX:SkinBioTherapeutics fell 8% for no apparent reason. I think people are getting bored waiting for a Croda deal.

EDV:Endeavour Mining dropped 6% to go 17% down which should have triggered a stop loss, but I think if the whole market is down, then I should hold on to them.

III:3i Group dropped 6% after doing so well recently. They are still 3% up which is a relief.

WHR:Warehouse REIT also dropped 6% to go 9% down altogether.

No share deserved Share of the Week this week as they were all rubbish.

Here's the ISA and shares portfolio after week 32 of year 8.

			Weekly Change
Cash	£119.32		+£102.25
Portfolio cost	£87,812.70		+£0
Portfolio sell value (bid price-commission)	£27,522.65	(-68.7%)	-£1,818.62
Potential profits	£17.90		-£13.02
Yr 8 Dividends	£0		+£0
Yr 8 Interest	£0.12		+£0.02
Yr 8 Profit from sales	-£8,360.59		+£0
Yr 8 projected avg monthly profit	-£1,135.76	(-23.7%)	+£36.11
Total Dividends	£11,768.92		+£0
Total Interest	£0.12		+£0.02
Total Profit from sales	£19,733.47		+£0
Average monthly cash profit	£340.86	(7.1%)	-£0.90
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	54%		+0%

I added £100 in preparation for an IES:Invinity Energy open offer where I intend to double my holdings and half my average share price. Aside from that, there's a big drop in value and a 2p interest payment.

Still we drop

Just staying above the trend line but following it downwards.

The SIPP looks like this after week 380 overall and week 16 of year 8.

			Weekly Change
Cash	£257.07		+£44.04
Portfolio cost	£91,844.47		+£113.24
Portfolio sell value (bid price - commission)	£31,770.66	(-65.4%)	-£1,987.62
Potential profits	£13.45		-£49.95
Yr 8 Dividends	£43.43		+£15.38
Yr 8 Interest	£0.67		+£0.15
Yr 8 Profit from sales	-£9,820.16		+£0
Yr 8 projected avg monthly profit	-£2,659.89	(-51.4%)	+£178.72
Total Dividends	£14,186.21		+£15.38
Total Interest	£0.92		+£0.15
Total Profit from sales	£10,613.59		+£0
Average monthly cash profit	£270.94	(5.2%)	-£0.66
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	38%		+0%

I got a £15 dividend from IGG:IG Group which took my total from them to £101 or 10% over 2 years. I bought 7 shares in III:3i Group for 1588.251p costing £113.24 as part of my monthly savings. I've increased my savings amount to £250 a month from April as I'm taking a 20% pay cut to work 4 days a week and so my work pension payments will drop. This will make up for it.

Potential profits are nearly wiped out and there was a big drop in value, and 15p interest doesn't go very far to plug that hole.

Dire

As with the ISA, just above the trend line but I've been following it down for 2 years solid.

The trading account looks like this after week 346 overall and week 34 of year 7.

			Weekly Change
Cash	£20.25		+£0.01
Portfolio cost	£1,763.50		+£0
Portfolio sell value (bid price - commission)	£1,038.01	(-41.1%)	-£108.76
Potential profits	£0		+£0
Year 7 Dividends	£0.00		+£0
Year 7 Interests	£0.02		+£.0.01
Year 7 Profit	-£1,157.99		+£0
Yr 7 projected avg monthly profit	-£147.50	(-100.4%)	+£4.47
Dividends	£60.10		+£0
Interest	£0.02		+£0.01
Profit from sales	-£930.69		+£0
Average monthly cash profit	-£10.90	(-7.4%)	+£0.03
(Sold stocks profit + Dividends - Fees / Months)

Massive drop in value as both JLP:Jubilee Metals and OPTI:Optibiotix drop, with most of the losses down to JLP. The curse of the trading account continues. Much excitement with 1p interest.

I don't know why I bother

Above the trend line but plunging towards it.

I don't know what to do. Every week is the same. Nothing is going right and I'm losing thousands nearly every week. I keep asking how long can it go on, but it's been happening for 2 years and I don't see it stopping until I have nothing left. I'll never get to retire if this continues.

Week 395 Review- Down by just £2 but still new record low

This was possibly the flattest week ever, with the deficit between cost and value only going down by £2, but it does mean a new all-time low. The deficit its now £117,174 and total portfolio value £64,383.

Worst performer was PSN:Persimmon, dropping 8% to go 12% down just a few weeks after I bought them.

JLP:Jubilee Metals dropped 5% which was expensive given it's one of my biggest holdings.

EDV:Endeavour Mining climbed 5% but is still 11% down a few weeks after I bought them.

PAGE:Page Group climbed 6% and is now 3% up.

Share of the week was RIO:Rio Tinto which climbed 8% and is now 3% up.

Here's the ISA and shares portfolio after week 31 of year 8.

			Weekly Change
Cash	£17.07		+£0
Portfolio cost	£87,812.70		+£0
Portfolio sell value (bid price-commission)	£29,341.27	(-66.5%)	+£134.48
Potential profits	£30.92		+£30.92
Yr 8 Dividends	£0		+£0
Yr 8 Interest	£0.10		+£0
Yr 8 Profit from sales	-£8,360.59		+£0
Yr 8 projected avg monthly profit	-£1,210.94	(-24.3%)	+£39.07
Total Dividends	£11,768.92		+£0
Total Interest	£0.10		+£0
Total Profit from sales	£19,733.47		+£0
Average monthly cash profit	£342.63	(7.1%)	-£0.87
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	54%		+0%

Hardly any change, with a £134 rise in value and £30 increase in potential profits.

No sign of recovery yet.

Above the trend line, but very close.

The SIPP looks like this after week 379 overall and week 15 of year 8.

			Weekly Change
Cash	£213.03		-£4,877.94
Portfolio cost	£86,853.29	+	£4,877.94
Portfolio sell value (bid price - commission)	£33,645.04	(-66.9%)	-£129.92
Potential profits	£63.40		+£34.86
Yr 8 Dividends	£28.05		+£0
Yr 8 Interest	£0.52		+£0
Yr 8 Profit from sales	-£9,820.16		+£0
Yr 8 projected avg monthly profit	-£3,041.37	(-55.4%)	+£202.76
Total Dividends	£14,170.83		+£0
Total Interest	£0.77		+£0
Total Profit from sales	£10,613.59		+£0
Average monthly cash profit	£272.32	(5.3%)	-£0.72
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	38%		+0%

I'm not very good at keeping cash, so I spent the proceeds from the CAML:Central Asia Metals sale, but am hoping for a quick profit so I can buy more of them back before the next dividend.

I initially bought a long-term magic formula share, with 639 shares in UKW:Greencoat UK Wind at 156.36p costing £1,016.09. They pay a quarterly dividend with a good rate and are in the top 30 of my ranking spreadsheet.

I bought 2 lots of JLP:Jubileee Metals because the warrants have been purchased now so there should be no more selling to enable those purchases. Initially I bought 21,008 at 9.52p costing £2,011.91, then I bought another 19.017 at 9.665p costing £1,849.94. There had better be good news soon to justify this spending, especially as the shares are down 5% this week.

Annual profits are a write-off after the collapse of DDDD:4D Pharma, and it's a miracle I'm still making 5.3% long-term. Just a shame the portfolio value is down 67% which negates all that.

Slightly down and still rubbish.

Ass with the ISA it's following the trend line.

The trading account looks like this after week 345 overall and week 33 of year 7.

			Weekly Change
Cash	£20.24		+£0
Portfolio cost	£1,763.50		+£0
Portfolio sell value (bid price - commission)	£1,146.77	(-35.1%)	-£7.42
Potential profits	£0		+£0
Year 7 Dividends	£0.00		+£0
Year 7 Interests	£0.01		+£0
Year 7 Profit	-£1,157.99		+£0
Yr 7 projected avg monthly profit	-£151.97	(-103.6%)	+£4.75
Dividends	£60.10		+£0
Interest	£0.01		+£0
Profit from sales	-£930.69		+£0
Average monthly cash profit	-£10.93	-(7.5%)	+£0.04
(Sold stocks profit + Dividends - Fees / Months)

A £7 drop is better than usual.

Desperate

I suspect the trend line will flatten itself very soon when we dip below it.

Not a bad week, but a new record low is still a new record low even if only by £2.