An absolutely dreadful week, with nearly everything losing value, and losses this week were twice the gains from last week. The deficit between cost and value widened by £7,253 to £92,297 and overall value dropped to £105,729 which is less than last week despite adding another £5,000.
OPTI:Optibiotix was the worst performer, dropping 2.5p which is 26% in my cheapest shares and 2% in my most expensive. That contributed around £6,000 of the losses. The re-rate of this share still seems a long way away.
Next worst performer was another of my biggest holdings CAML:Central Asia Metals, which dropped 12% in one holding, and dropped as soon as I bought some more.
GAW:Games Workshop dropped 7% and is almost loss-making after being 20% up a few weeks ago.
UKW:Greencoat UK Wind plunged 6% just when I thought there was some chance it would get into profit.
EDV:Endeavour Mining was meant to be a nice safe gold miner, but dropped 5% in one of my holdings and is 24% down in my main holding.
Nothing came anywhere near a 5% rise so there is no Share of the Week. Only one share went up, and that was IES:Invinity Energy, and that only climbed 1% but is still 79% down.
Here's the ISA and shares portfolio after week 10 of year 9.
| Weekly Change | |||
| Cash | £156.10 | -£9.79 | |
| Portfolio cost | £98,482.35 | +£5,118.02 | |
| Portfolio sell value (bid price-commission) | £51,981.62 | (-47.2%) | -£3,352.54 |
| Potential profits | £1,959.92 | -£570.28 | |
| Yr 9 Dividends | £27.59 | +£11.64 | |
| Yr 9 Interest | £1.59 | +£0.34 | |
| Yr 9 Profit from sales | £0 | +£0 | |
| Yr 9 proj avg monthly profit | £5.52 | (0.1%) | +£3.35 |
| Total Dividends | £11,939.02 | +£11.64 | |
| Total Interest | £3.52 | +£0.34 | |
| Total Profit from sales | £17,298.53 | +£0 | |
| Average monthly cash profit | £293.43 | (5.0%) | -£0.61 |
| (Sold stocks profit + Dividends - Fees / Months) | |||
| Compound performance | 41% | -3% |
Quite a lot happened here this week.
After a pitiful £100 win on the premium bonds, I decided that although valuable as a quick source of cash, they are not doing well enough to justify having so many, so I cashed in £5,000 and added them to my AJ Bell ISA along with the £100 winnings. I may in time put some back, but for now I wanted to take advantage of some low prices.
First I bought 29,109 shares in JLP:Jubilee Metals at 7.18p costing £2,099.98. This was because a significant institutional investor increased their holding substantially last week, and results are due out next week. Knowing my track record, the results will be a disaster, but I decided to go with the institutional investor. We'll find out if it was a mistake on Wednesday. My total holding cost around £16,000 so this is now one of my top shares, unfortunately not on performance.
Next I bought 347 shares in CWR:Ceres Power at 286.2946p costing £1,008.36. I've held these several times before and made £1,575 profit from selling them. They have had a torrid time lately, but look to be on the brink of several big contracts and have moved to the main market and are now part of the FTSE250. I decided now was a tame to have a dip back in.
Finally I had to buy more of my favourite company CAML:Central Asia Metals because their share price has been utterly hammered, yet they have tons of cash, no debt, one of the biggest dividends around, and are looking to buy another mine. I bought 1,175 shares at 170.1895p costing £2,009.68. That takes my total holding to 2,600 costing £5,022 which has been my target investment amount for a while. I'm tempted to try and double it though.
Aside from that, everything dropped horribly but I got 34p interest and an £11 dividend from WHR:Warehouse REIT.
Although the green line points up, it's nowhere near as far as the orange and red lines go up.
A more accurate reflection of the true performance as we drop towards the trend line.
No purchases here, but my monthly £250 appeared in cash ready for buying EDV:Endeavour Mining next week. It means there will be a rally in share price until the day I buy and then a crash, as traditionally happens.
Aside from that, everything dropped horribly but I got 34p interest and an £11 dividend from WHR:Warehouse REIT.
Although the green line points up, it's nowhere near as far as the orange and red lines go up.
A more accurate reflection of the true performance as we drop towards the trend line.
The SIPP looks like this after week 410 overall and week 46 of year 8.
| Weekly Change | ||||
| Cash | £524.16 | +£266.79 | ||
| Portfolio cost | £96,787.56 | +£0 | ||
| Portfolio sell value (bid price - commission) | £51,635.06 | (-46.7%) | -£3,872.83 | |
| Potential profits | £3,330.66 | -£635.71 | ||
| Yr 8 Dividends | £345.65 | +£32.49 | ||
| Yr 8 Interest | £5.22 | +£0.96 | ||
| Yr 8 Profit from sales | -£9,597.85 | +£0 | ||
| Yr 8 proj avg monthly profit | -£884.41 | (-16.1%) | +£21.27 | |
| Total Dividends | £14,488.43 | +£32.49 | ||
| Total Interest | £5.47 | +£0.96 | ||
| Total Profit from sales | £10,835.90 | +£0 | ||
| Average monthly cash profit | £255.69 | (4.7%) | -£0.45 | |
| (Sold stocks profit + Dividends - Fees / Months) | ||||
| Compound performance | 37% | +0% |
No purchases here, but my monthly £250 appeared in cash ready for buying EDV:Endeavour Mining next week. It means there will be a rally in share price until the day I buy and then a crash, as traditionally happens.
96p interest and a £32 dividend from APAX:Apax Global Alpha were the only highlights as everything sank. I've now had 8% dividends from APAX since buying them.
Not as low as a few weeks ago but so far below the recent spike.
As with the ISA, dropping towards the trend line, but still above it.
The trading account looks like this after week 376 overall and week 12 of year 8.
Everything dropped a little this week, but not by much.
Seems to have flattened off a bit.
Worryingly below the trend line and getting further from it.
I'm thinking of changing the way I calculate percentage changes each week. Rather than calculating the change based on my purchase price, I'll record the change based on last week's price. I just need to remember to take a snapshot each week so I can compare the price at the end of the week. It gets around the ridiculous price rises and drops of some of my holdings that are over 100% up based on them being bought so cheaply. I've taken a snapshot of this week's bid prices so will switch to the new format next week.
Not as low as a few weeks ago but so far below the recent spike.
As with the ISA, dropping towards the trend line, but still above it.
The trading account looks like this after week 376 overall and week 12 of year 8.
| Weekly Change | |||
| Cash | £281.80 | +£0 | |
| Portfolio cost | £1,794.51 | +£0 | |
| Portfolio sell value (bid price - commission) | £1,150.73 | (-35.9%) | -£28.27 |
| Potential profits | £0 | +£0 | |
| Year 8 Dividends | £8.56 | +£0 | |
| Year 8 Interest | £0 | +£0 | |
| Year 8 Profit | £283.99 | +£0 | |
| Yr 8 proj avg monthly profit | £105.64 | (+70.6%) | -£9.61 |
| Dividends | £68.66 | +£0 | |
| Interest | £0.03 | +£0 | |
| Profit from sales | -£646.70 | +£0 | |
| Average monthly cash profit | -£6.66 | (-4.5%) | +£0.02 |
| (Sold stocks profit + Dividends - Fees / Months) |
Everything dropped a little this week, but not by much.
Seems to have flattened off a bit.
Worryingly below the trend line and getting further from it.
I'm thinking of changing the way I calculate percentage changes each week. Rather than calculating the change based on my purchase price, I'll record the change based on last week's price. I just need to remember to take a snapshot each week so I can compare the price at the end of the week. It gets around the ridiculous price rises and drops of some of my holdings that are over 100% up based on them being bought so cheaply. I've taken a snapshot of this week's bid prices so will switch to the new format next week.
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