I wish I could write that the portfolio value had gone up, just for once, but I can't. Most shares dropped in value this week, in particular JLP:Jubilee Metals which is one of my biggest holdings. The result was a widening of the deficit between cost and value by £711 to £125,845 and drop in portfolio value to £54,670. I've lost about half of the money I put in since I started. So much for investing for the future.
Biggest drop was PAGE:Page Group which had almost gone into profit, but fell 6% this week and is now 8% down. Things are so bad that I consider anything that's less that 10% down is one of my most successful investments.
JLP:Jubilee Metals dropped another 5% and accounted for much of this week's loss. I was so convinced that once the warrants had been purchased the selling would stop, but I was very wrong, and they have dropped 40% since I invested £12,000.
SBTX:SkinBioTherapeutics had another big fall after yet another week with absolutely no news. They dropped 5% and my holding is now 55% down.
Only one big riser this week, so Share of the Week goes to EDV:Endeavour Mining which climbed 6% after a 7% increase last week, and is now in profit. Shame CEY:Centamin isn't having the same rise as the price of gold soars.
Here's the ISA and shares portfolio after week 36 of year 8.
| Weekly Change | |||
| Cash | £256.85 | +£111.64 | |
| Portfolio cost | £86,217.02 | +£0 | |
| Portfolio sell value (bid price-commission) | £24,818.42 | (-71.2%) | -£406.27 |
| Potential profits | £0 | -£28.02 | |
| Yr 8 Dividends | £29.20 | +£11.64 | |
| Yr 8 Interest | £0.12 | +£0 | |
| Yr 8 Profit from sales | -£10,815.68 | +£0 | |
| Yr 8 proj avg monthly profit | -£1,301.82 | (-26.7%) | +£38.64 |
| Total Dividends | £11,798.12 | +£11.64 | |
| Total Interest | £0.12 | +£0 | |
| Total Profit from sales | £17,278.38 | +£0 | |
| Average monthly cash profit | £311.15 | (6.4%) | -£0.65 |
| (Sold stocks profit + Dividends - Fees / Months) | |||
| Compound performance | 49% | +0% |
Cash went up as I added £100 when I opened an ISA with AJ Bell and also got £11.64 dividend from WHR:Warehous REIT. GAW:Games Workshop dropped back into loss and wiped out my potential profits, but compared to most weeks a drop of £406 is pretty flat.
Not even trying to fight the trend.
The SIPP looks like this after week 384 overall and week 20 of year 8.
| Weekly Change | ||||
| Cash | £413.78 | +£33.17 | ||
| Portfolio cost | £91,844.47 | +£0 | ||
| Portfolio sell value (bid price - commission) | £28,209.58 | (-69.3%) | -£267.84 | |
| Potential profits | £106.39 | +£57.58 | ||
| Yr 8 Dividends | £93.44 | +£33.17 | ||
| Yr 8 Interest | £0.67 | +£0 | ||
| Yr 8 Profit from sales | -£9,820.16 | +£0 | ||
| Yr 8 proj avg monthly profit | -£2,117.22 | (-40.9%) | +£119.00 | |
| Total Dividends | £14,236.22 | +£33.17 | ||
| Total Interest | £0.92 | +£0 | ||
| Total Profit from sales | £10,613.59 | +£0 | ||
| Average monthly cash profit | £268.67 | (5.2%) | -£0.33 | |
| (Sold stocks profit + Dividends - Fees / Months) | ||||
| Compound performance | 38% | +0% |
Cash went up by £33 thanks to a £33.17 dividend from APAX:Apax Global Alpha, and potential profits went up by £57 as EDV:Endeavour Mining and UKW:Greencoat UK Wind both went into profit. Granted UKW only by 11p, but nice to have it green.
Just the same as the ISA.
The trading account looks like this after week 350 overall and week 38 of year 7.
JLP:Jubilee Metals is half my holding and dropped 5%, so value fell by £37. I need a blockbuster update from JLP or OPTI:Optibiotix to get this moving.
I suspect we will cross below the trend line next week and start flattening it.
| Weekly Change | |||
| Cash | £20.25 | +£0 | |
| Portfolio cost | £1,763.50 | +£0 | |
| Portfolio sell value (bid price - commission) | £951.54 | (-46.0%) | -£37.09 |
| 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 | -£131.97 | (-89.8%) | +£3.57 |
| Dividends | £60.10 | +£0 | |
| Interest | £0.02 | +£0 | |
| Profit from sales | -£930.69 | +£0 | |
| Average monthly cash profit | -£10.78 | (-7.3%) | +£0.03 |
| (Sold stocks profit + Dividends - Fees / Months) |
JLP:Jubilee Metals is half my holding and dropped 5%, so value fell by £37. I need a blockbuster update from JLP or OPTI:Optibiotix to get this moving.
I suspect we will cross below the trend line next week and start flattening it.
As with previous weeks, I haven't the heart to write anything else or speculate on what might happen next week, as I can't remember the last time anything nice happened. I'm just bracing myself for the next lot of bad news.
No comments:
Post a Comment