Monday, 5 June 2023

Week 405 Review - Drop in Jubilee Metals brings new all-time low

The recovery in JLP:Jubilee Metals was short lived, and the drop down to 8p this week ushered in a new record deficit between cost and value of £125,916, as widening of £811 since last week. The total portfolio value is now just £55,222.

By far the worst performer was ANTO:Antofagasta, but the 11% drop is mostly because this is a small installment of my monthly SIPP investment weighed by spread and commission if I were to sell now, so the next 3 months will get cheaper shares if the price continues to fall.

As mentioned above, JLP:Jubilee Metals dropped 5%

No shares increased enough to deserve Share of the Week.

Here's the ISA and shares portfolio after week 41 of year 8.

Weekly Change
Cash£166.05-£3.70
Portfolio cost£86,344.72+£0
Portfolio sell value
(bid price-commission)
£24,482.21(-71.6%)-£385.20
Potential profits£12.42+£7.70
Yr 8 Dividends£29.20+£0
Yr 8 Interest£1.29+£0
Yr 8 Profit from sales-£10,795.53+£0
Yr 8 proj avg monthly profit-£1,141.80(-23.4%)+£28.55
Total Dividends£11,798.12+£0
Total Interest£1.29+£0
Total Profit from sales£17,298.53+£0
Average monthly cash profit£307.43(6.3%)-£0.76
(Sold stocks profit + Dividends
- Fees / Months)
Compound performance49%+0%

Given I'm losing over £60k, an increase in potential profits by £7 to £12 is a joke. 



Still following the trend line down

The SIPP looks like this after week 389 overall and week 25 of year 8.




Weekly Change
Cash£239.39
-£237.00
Portfolio cost£92,604.68
+£237.00
Portfolio sell value
(bid price - commission)
£29,337.96(-68.3%)-£389.15
Potential profits£396.20
+£22.37
Yr 8 Dividends£166.95
+£0
Yr 8 Interest£1.94
+£0
Yr 8 Profit from sales-£9,820.16
+£0
Yr 8 proj avg monthly profit-£1,684.53(-32.3%)+£70.19
Total Dividends£14,309.73
+£0
Total Interest£2.19
+£0
Total Profit from sales£10,613.59
+£0
Average monthly cash profit£265.81(5.1%)-£0.69
(Sold stocks profit + Dividends
- Fees / Months)
Compound performance38%+0%

The £237 was my first regular saving purchase of ANTO:Antofagasta, with £22 increase in potential profits not much consolation after yet another drop.



Same as ISA

The trading account looks like this after week 355 overall and week 43 of year 7.




Weekly Change
Cash£20.25
+£0
Portfolio cost£1,763.50
+£0
Portfolio sell value
(bid price - commission)
£976.28(-44.6%)-£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-£116.63(-79.4%)+£2.77
Dividends£60.10
+£0
Interest£0.02
+£0
Profit from sales-£930.69
+£0
Average monthly cash profit-£10.63(-7.2%)+£0.03
(Sold stocks profit + Dividends
- Fees / Months)

Dreadful - so glad most of this is in JLP:Jubilee Metals with current disastrous performance.



And there we go - below the trend line.

A new all-time low - can it get any worse than this?

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