The only big faller was CAML:Central Asia Metals which dropped 7% to go 26% down. I really don't understand what's going on here. The company is amazing, but there's no interest in the shares, despite a massive dividend and track record of stable profits. I desperately want to increase my holding at these prices, but have no ammo.
Share of the Week by a mile is NUM:Numis Corp which announced it was being bought out at a 67% premium to the current share price. Unfortunately that share price was already 23% down on when I bought it, so the price zoomed up by 48% of the price I paid to go 25% up. I'm holding them until the takeover because although the price won't go up again, there are 2 dividends planned so I may as well get those and register some potential profits for a while.
Share of the Week by a mile is NUM:Numis Corp which announced it was being bought out at a 67% premium to the current share price. Unfortunately that share price was already 23% down on when I bought it, so the price zoomed up by 48% of the price I paid to go 25% up. I'm holding them until the takeover because although the price won't go up again, there are 2 dividends planned so I may as well get those and register some potential profits for a while.
Here's the ISA and shares portfolio after week 39 of year 8.
| Weekly Change | |||
| Cash | £169.75 | +£0 | |
| Portfolio cost | £86,344.72 | +£0 | |
| Portfolio sell value (bid price-commission) | £25,204.74 | (-70.8%) | -£604.89 |
| Potential profits | £22.87 | +£22.87 | |
| Yr 8 Dividends | £29.20 | +£0 | |
| Yr 8 Interest | £1.24 | +£0 | |
| Yr 8 Profit from sales | -£10,795.53 | +£0 | |
| Yr 8 proj avg monthly profit | -£1,199.95 | (-24.6%) | +£31.57 |
| Total Dividends | £11,798.12 | +£0 | |
| Total Interest | £1.24 | +£0 | |
| Total Profit from sales | £17,298.53 | +£0 | |
| Average monthly cash profit | £309.00 | (6.3%) | -£0.77 |
| (Sold stocks profit + Dividends - Fees / Months) | |||
| Compound performance | 49% | +0% |
Only just above the trend line and running parallel with it again
The SIPP looks like this after week 387 overall and week 23 of year 8.
| Weekly Change | ||||
| Cash | £194.97 | +£0 | ||
| Portfolio cost | £92,367.69 | +£0 | ||
| Portfolio sell value (bid price - commission) | £29,531.51 | (-68.0%) | -£130.63 | |
| Potential profits | £363.42 | +£262.44 | ||
| Yr 8 Dividends | £124.95 | +£0 | ||
| Yr 8 Interest | £1.78 | +£0 | ||
| Yr 8 Profit from sales | -£9,820.16 | +£0 | ||
| Yr 8 proj avg monthly profit | -£1,836.94 | (-35.4%) | +£83.49 | |
| Total Dividends | £14,267.73 | +£0 | ||
| Total Interest | £2.03 | +£0 | ||
| Total Profit from sales | £10,613.59 | +£0 | ||
| Average monthly cash profit | £266.84 | (5.1%) | -£0.69 | |
| (Sold stocks profit + Dividends - Fees / Months) | ||||
| Compound performance | 38% | +0% |
Great news on the NUM:Numis Corp buy-out, and along with a small rise in EDV:Endeavour Mining, potential profits went up £262. That reduced the impact of the OPTI:Optibiotix drop so value only went down by £130.
Same as ISA
The trading account looks like this after week 353 overall and week 41 of year 7.
| Weekly Change | |||
| Cash | £20.25 | +£0 | |
| Portfolio cost | £1,763.50 | +£0 | |
| Portfolio sell value (bid price - commission) | £1,050.45 | (-40.4%) | -£12.35 |
| 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 | -£122.32 | (-83.2%) | +£3.05 |
| Dividends | £60.10 | +£0 | |
| Interest | £0.02 | +£0 | |
| Profit from sales | -£930.69 | +£0 | |
| Average monthly cash profit | -£10.69 | (-7.3%) | +£0.03 |
| (Sold stocks profit + Dividends - Fees / Months) |
Just the OPTI:Optibiotix drop dragging value down by £12.
Almost touching the trend line and will no doubt soon cross it.
OPTI:Optibiotix is at an all time low since I bought it. We're assured by the CEO that there's loads going on, but none of it seems to be resulting in profit, and there's still no sign of a Sweetbiotix contract. I guess there's no point in moaning. I made my decision to invest way too much in a startup company producing a product that the market isn't ready for yet. It was a much higher risk than I anticipated at the time, and one I don't intend to repeat. For now I'm stuck invested and can do nothing but hope for the best.
