Week 408 Review - Yet another down week and yet another new all-time low.

This week the deficit between cost and value only increased by £978, which is good by recent standards. It is now £130,965 and value is just £52,258 despite recent injections of cash.

Only one big mover this week, and fortunately it was upwards, so EDV:Endeavour Mining wins Share of the Week after a 9% surge into profit.

Here's the ISA and shares portfolio after week 44 of year 8.

			Weekly Change
Cash	£231.68		+£0
Portfolio cost	£86,844.68		+£0
Portfolio sell value (bid price-commission)	£22,606.30	(-74.0%)	-£469.33
Potential profits	£0		+£0
Yr 8 Dividends	£96.83		+£0
Yr 8 Interest	£1.40		+£0
Yr 8 Profit from sales	-£10,795.53		+£0
Yr 8 proj avg monthly profit	-£1,056.31	(-21.6%)	+£24.56
Total Dividends	£11,865.75		+£0
Total Interest	£1.40		+£0
Total Profit from sales	£17,298.53		+£0
Average monthly cash profit	£306.00	(6.3%)	-£0.75
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	49%		+0%

Nothing really happened apart from the usual drop in value.

The SIPP looks like this after week 392 overall and week 28 of year 8.

			Weekly Change
Cash	£554.40		+£253.18
Portfolio cost	£94,615.50		+£2,010.82
Portfolio sell value (bid price - commission)	£28,774.79	(-69.6%)	-£489.64
Potential profits	£539.15		+£123.89
Yr 8 Dividends	£180.94		+£13.99
Yr 8 Interest	£2.15		+£0
Yr 8 Profit from sales	-£9,820.16		+£0
Yr 8 proj avg monthly profit	-£1,501.99	(-27.8%)	+£57.87
Total Dividends	£14,323.72		+£13.99
Total Interest	£2.40		+£0
Total Profit from sales	£10,613.59		+£0
Average monthly cash profit	£263.93	(4.9%)	-£0.52
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	37%		-1%

I added £2,000 from my work pension and used it to buy 1060 shares in CAML:Central Asia Metals at 188.572p costing £2,010.81. They are my favourite company and are now debt free and generating large amounts of cash. They will either return it to shareholders or buy another site. I hoped to re-invest my JLP:Jubilee Metals profits here but that's not going to happen for a while if ever, so I abandoned magic formula to get more of these. Having said that, they are in my magic formula top 30 anyway.

Potential profits went up £123 and I got a £13 dividend from UKW:Greencoat UK Wind. Cash went up as I added my £250 monthly savings but is hasn't been invested yet. Compound performance dropped by 1% as it's measured against total injection amount.

The trading account looks like this after week 358 overall and week 46 of year 7.

			Weekly Change
Cash	£20.26		+£0
Portfolio cost	£1,763.50		+£0
Portfolio sell value (bid price - commission)	£877.42	(-50.2%)	-£19.76
Potential profits	£0		+£0
Year 7 Dividends	£0.00		+£0
Year 7 Interests	£0.03		+£0
Year 7 Profit	-£1,157.99		+£0
Yr 7 proj avg monthly profit	-£109.02	(-74.2%)	+£2.42
Dividends	£60.10		+£0
Interest	£0.03		+£0
Profit from sales	-£930.69		+£0
Average monthly cash profit	-£10.54	(-7.2%)	+£0.03
(Sold stocks profit + Dividends - Fees / Months)

Still dropping like a stone

That finishes the big catch-up of 5 weeks of utter despair. Actually, it's 2 years of utter despair, and no sign of any improvement. I'm writing this on Monday and I'm already down £778 on the week.