Week 414 Review - Recent gains destroyed as we hit a new all-time low

Absolute misery as OPTI:Optibiotix drops again causing the deficit between cost and value to widen by £2,703 to £134,140, which is a new all-time worst deficit. Portfolio value dropped to £50,993. If it had gone below £50k I may have just jacked the whole thing in.

OPTI:Optibiotix only dropped 1.3p, but for some of my recent purchases that was 10%, and the shares I bought only last week dropped 14%. Every time I buy some more, the price drops. It's been happening for years from 90p all the way down to below 10p.

The rest of the portfolio had quite a good week.

RIO:Rio Tinto and WHR:Warehouse REIT both recovered from recent poor spells by increasing 5%, and PAGE:Page Group rose 6% and is now only 7% down.

PSN:Persimmon went up 7% but is still 27% down.

Share of the Week is ANTO:Antofagasta which went up 10% but I don't really know why. They are back in profit and 4% up, so clearly it's time for my monthly investment. My August purchase will be the last one, then I'll have to find a new magic formula share to buy every month.

Here's the ISA and shares portfolio after week 50 of year 8.

			Weekly Change
Cash	£237.33		-£14.22
Portfolio cost	£87,354.57		+£0
Portfolio sell value (bid price-commission)	£21,972.46	(-74.8%)	-£1,357.81
Potential profits	£153.22		+£29.70
Yr 8 Dividends	£131.81		+£0
Yr 8 Interest	£1.79		+£0
Yr 8 Profit from sales	-£10,795.53		+£0
Yr 8 proj avg monthly profit	-£928.01	(-18.8%)	+£18.94
Total Dividends	£11,900.73		+£0
Total Interest	£1.79		+£0
Total Profit from sales	£17,298.53		+£0
Average monthly cash profit	£301.75	(6.1%)	-£0.73
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	49%		+0%

Cash dropped because I did a re-set. Usually I add and subtract income and expenditure, but clearly I occasionally forget because I was £14 out and had to do a correction.

Portfolio value dropped by £1,357 and is very nearly 75% down

Follow that trend line!

The SIPP looks like this after week 398 overall and week 34 of year 8.

			Weekly Change
Cash	£70.70		-£195.17
Portfolio cost	£96,015.54		+£241.14
Portfolio sell value (bid price - commission)	£28,108.58	(-70.7%)	-£1,313.99
Potential profits	£211.44		+£67.19
Yr 8 Dividends	£220.93		+£0
Yr 8 Interest	£3.49		+£0
Yr 8 Profit from sales	-£9,597.85		+£0
Yr 8 proj avg monthly profit	-£1,205.85	(-22.2%)	+£35.35
Total Dividends	£14,363.71		+£0
Total Interest	£3.74		+£0
Total Profit from sales	£10,835.90		+£0
Average monthly cash profit	£262.60	(4.8%)	-£0.76
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	37%		+0%

Portfolio cost went up as I bought my monthly 17 shares in ANTO:Antofagasta at 1402.6447p costing £241.14 with commission and stamp duty. As with the ISA the portfolio value dropped by over £1k but at least potential profits increased by 67.

Misery.

The trading account looks like this after week 364 overall and week 52 of year 7.

			Weekly Change
Cash	£20.26		+£0
Portfolio cost	£1,763.50		+£0
Portfolio sell value (bid price - commission)	£912.06	(-48.3%)	-£32.09
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	-£96.44	(-65.6%)	+£1.89
Dividends	£60.10		+£0
Interest	£0.03		+£0
Profit from sales	-£930.69		+£0
Average monthly cash profit	-£10.36	(-7.1%)	+£0.03
(Sold stocks profit + Dividends - Fees / Months)

Last week's gains were wiped out and all is bleak and horrible

Let's get this horrible week saved and posted so we can welcome Week 415 with open arms...