Week 446 Review - Biggest holdings all fall significantly.

What a dreadful week! Big falls for all my major holdings and a widening of the deficit between cost and value of £4,847 to £108,762, with the deficit between cash injection and value widening to £45,039 and overall value dropping back below £100k to £97,488. The losses are just relentless and have been for over 2 years.

KIBO:Kibo Energy was the biggest percentage drop at 14%, but it cost me pennies as it's worthless.

POLY:Polymetal announced a deal to sell their Russian assets, which I thought was good news as it frees them up to re-list in UK. The market disagreed and there was a 9% drop in share price to go 81% down. I doubt I'll ever break even on this one unless I buy more once they re-list.

FXPO:Ferrexpo announced the withdrawal of their dividend just a few days before it was due to be paid, and were punished with an 8% drop in share price.

IPX:Impax Asset Management were going really well, but dropped 8% this week for no obvious reason and are now 6% down.

SBTX:SkinBioTherapeutics fell yet another 8% after their recent crappy financing deal. I'm so glad I bought £5k worth just before everything went pear-shaped.

JLP:Jubilee Metals was the other company I spent £5k on recently and it dropped 7% this week and was a significant contributor to my losses.

OPTI:Optibiotix still steadfastly refuse to give us any news on anything meaningful and so continue to drift downwards, falling another 7% this week and being the main reason for my losses.

RIO:Rio Tinto looked like they might get back into profit, but fell 6% this week and are now 13% down.

CAML:Cental Asia Metals is another of my biggest holdings and fell 5% for no reason this week. I should get a £2k pension transfer in about 10 days and I intend to put all of it here at these ridiculous prices.

It wasn't all doom and gloom. PAF:Pan African Resources went up 5% and both my holdings went back into potential profit. I have always liked this company and if JLP:Jubilee Metals ever turns around I'll sell my SIPP holding in that and some will be spent on more PAF.

UKW:Greencoat UK Wind has been sliding for a while, but went up 5% this week and is now 17% down.

BARC:Barclays had a fantastic week, climbing 11% and they are only down by 2% now. Will I get to sell them from my trading account soon?

Share of the week is TRX:Tissue Regenix which climbed a spectacular 13%, and is actually one of my bigger holdings. Significantly, the are now only 49% down so I get to change their colour and hope for a slow and steady re-rate.

Here's the ISA and shares portfolio after week 30 of year 9.

			Weekly Change
Cash	£73.03		+£9.77
Portfolio cost	£99,231.92		+£0
Portfolio sell value (bid price-commission)	£43,562.29	(-56.1%)	-£2,735.43
Potential profits	£1,243.93		-£297.29
Yr 9 Dividends	£215.92		+£13.20
Yr 9 Interest	£3.71		+£0
Yr 9 Profit from sales	£11.13		+£0
Yr 9 proj avg monthly profit	£26.18	(0.4%)	+£0.55
Total Dividends	£12,127.35		+£13.20
Total Interest	£5.64		+£0
Total Profit from sales	£17,309.66		+£0
Average monthly cash profit	£281.91	(4.8%)	-£0.54
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	41%		+0%

I got a £13 dividend from GAW:Games Workshop which I qualified for before I sold them, but also had AJ Bell monthly fees to pay so cash only went up by £9. One of my OPTI:Optibiotix holdings is the only thing in potential profit, and that dropped by £297.

Plummeting downwards. Past the low from around 6 months ago and in danger of returning to the desperate times before the OPTI:Optibiotix rally.

There's no danger of the trend line changing direction any time soon, but we're so very far below it.

The SIPP looks like this after week 430 overall and week 14 of year 9.

			Weekly Change
Cash	£56.18		-£96.13
Portfolio cost	£104,813.70		+£299.97
Portfolio sell value (bid price - commission)	£52,570.16	(-49.8%)	-£2,117.74
Potential profits	£861.72		-£74.86
Yr 9 Dividends	£118.33		+£13.20
Yr 9 Interest	£1.24		+£0
Yr 9 Profit from sales	£3,373.97		+£0
Yr 9 proj avg monthly profit	£1,064.26	(18.4%)	-£78.09
Total Dividends	£14,753.21		+£13.20
Total Interest	£7.17		+£0
Total Profit from sales	£14,209.87		+£0
Average monthly cash profit	£279.73	(4.8%)	-£0.54
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	40%		+0%

I also got a £13 dividend from GAW:Games Workshop in this account, and a decent tax rebate, so I bought 5,588 shares in JLP:Jubilee Metals at 5.19p costing £299.97. I know I'm only supposed to buy dividend paying shares in my SIPP, but I wanted to bring the average down on my holding so I could sell them sooner, and take advantage of this stupidly cheap price.

Portfolio value plummeted and will turn crimson when it no doubt falls again next week past 50% down. Potential profits weren't down by too much and most of it was JLP:Jubilee Metals falling to a loss.

Not as steep a drop as the ISA

The trend line is a little steeper upwards in this account, but we're still well below it.

The trading account looks like this after week 396 overall and week 32 of year 8.

			Weekly Change
Cash	£0.07		+£0
Portfolio cost	£2,076.23		+£0
Portfolio sell value (bid price - commission)	£1,227.14	(-40.9%)	+£6.17
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	£39.62	(+22.9%)	-£1.27
Dividends	£68.66		+£0
Interest	£0.03		+£0
Profit from sales	-£646.70		+£0
Average monthly cash profit	-£6.33	(-3.7%)	+£0.01
(Sold stocks profit + Dividends - Fees / Months)

The big rise in BARC:Barclays was enough to offset the big drops in JLP:Jubilee Metals and SBTX:SkinBioTherapeutics, so we have a £6 increase in value bucking the trends in the other accounts.

Sneaking back up.

Still below the trend line but only just.

Not wanting to sound like a broken record, the lack of news from all my major holdings is causing a relentless slide, and if my patience was wearing thin last week, well it's now as thin as graphene but probably not as strong. There's a share I was lucky to get out of with a profit! VRS:Versarian the graphene producer made me £3,950 profit when I sold at 94p and 131p and the current share price is 0.12p to sell. That's cheered me up quite a lot. It's not always been a disaster, so although things look bleak now, I still believe in all my key holdings so will stand firm.