Only one share had a big drop, and amazingly that was POLY:Polymetal. Given the price of gold is at an all-time high, and given the shares were already 82% down as a result of sanctions and moving off the UK stock market, they still dropped another 6% this week. The sooner they can get the cash for their Russian assets and pay off their debts, the sooner they can get some sort of recovery based on their remaining assets.
CAML:Central Asia Metals had a great week, climbing 6% and going 23% into
profit in my SIPP.
JLP:Jubilee Metals went up 7% and my best holding is now up by 8%, although
many of my holdings are still 40% down.
EDV:Endeavour Mining climbed 8% thanks to the gold rally, but they are still
8% in the red so I need another week like this one to get them into profit.
IPX:Impax Asset Management has been very volatile lately, usually in the
wrong direction, but this week they ended 8% up and are only 9% down overall
now.
RIO:Rio Tinto also rose 8% on improving metal prices.
PLUS:Plus 500 has been steadily climbing, and went up 9% this week to go 37%
up overall.
CEY:Centamin has really benefited from the gold price rise, and went up 11%
this week to go 22% up altogether.
Another gold miner going great guns is PAF:Pan African Resources, which also
went up 11% this week to go 43% and 39% up in my 2 holdings.
Share of the Week is AFC:AFC Energy which went up by 14% and is now 1% in
profit.
Here's the ISA and shares portfolio after week 37 of year 9.
| Weekly Change | |||
| Cash | £69.42 | +£0 | |
| Portfolio cost | £102,305.32 | +£1,300 | |
|
Portfolio sell value (bid price-commission) |
£47,114.43 | (-53.9%) | +£1,036.85 |
| Potential profits | £1,531.15 | +£607.81 | |
| Yr 9 Dividends | £245.03 | +£0 | |
| Yr 9 Interest | £3.87 | +£0 | |
| Yr 9 Profit from sales | £262.11 | +£0 | |
| Yr 9 proj avg monthly profit | £52.83 | (0.9%) | -£1.46 |
| Total Dividends | £12,156.46 | +£0 | |
| Total Interest | £5.80 | +£0 | |
| Total Profit from sales | £17,560.64 | +£0 | |
| Average monthly cash profit | £280.13 | (4.6%) | -£0.62 |
|
(Sold stocks profit + Dividends - Fees / Months) |
|||
| Compound performance | 40% | -1% |
I added £1,300 to my ISA to start up a new one for 2024, but the intention is to sell one of my holdings in the dealing account and take the money out to replace the £1,300. I'd rather do it that way then risk a bed & isa where time delays and big spreads can be a problem. I just need to price to go up a little more so I'm selling for the same price Or above what I paid.
I bought 17,500 shares in JLP:Jubilee Metals for 7.4p costing £1,300.
Great rise in portfolio value and £607 rise in potential profits is mainly thanks to JLP:Jubilee Metals, but a little is from AFC:AFC Energy going £15 into profit.
Still a wide gap between value and injection.
Still below the trend line by some way.
Still a wide gap between value and injection.
Still below the trend line by some way.
The SIPP looks like this after week 437 overall and week 21 of year 9.
| Weekly Change | ||||
| Cash | £180.24 | -£248.83 | ||
| Portfolio cost | £107,600.44 | +£248.83 | ||
| Portfolio sell value (bid price - commission) | £57,496.85 | (-46.6%) | +£1,788.40 | |
| Potential profits | £3,970.17 | +£1,161.77 | ||
| Yr 9 Dividends | £267.71 | +£0 | ||
| Yr 9 Interest | £2.59 | +£0 | ||
| Yr 9 Profit from sales | £3,506.75 | +£0 | ||
| Yr 9 proj avg monthly profit | £760.75 | (12.7%) | -£38.03 | |
| Total Dividends | £14,902.59 | +£0 | ||
| Total Interest | £8.52 | +£0 | ||
| Total Profit from sales | £14,342.65 | +£0 | ||
| Average monthly cash profit | £277.71 | (4.6%) | -£0.64 | |
| (Sold stocks profit + Dividends - Fees / Months) | ||||
| Compound performance | 39% | +0% |
I did my monthly investment, buying 177 shares in UKW:Greencoat UK Wind at 139.04p costing £248.83. That was the same number of shares I bought last month as the price is pretty much the same.
Portfolio value soared, as did potential profits, with CEY:Centamin, PAF:Pan African Resources and PLUS:Plus 500 contributing the most.
A bit more of a tick up than the ISA
Trend line is pointing more steeply upwards in this one, but we're still well below it.
The trading account looks like this after week 403 overall and week 39 of year 8.
| Weekly Change | |||
| Cash | £63.39 | +£0 | |
| Portfolio cost | £2,073.87 | +£0 | |
| Portfolio sell value (bid price - commission) | £1,490.98 | (-28.1%) | +£79.75 |
| Potential profits | £98.96 | +£42.66 | |
| Year 8 Dividends | £25.36 | +£0 | |
| Year 8 Interest | £0 | +£0 | |
| Year 8 Profit | £328.15 | +£0 | |
| Yr 8 proj avg monthly profit | £39.28 | (+22.7%) | -£1.03 |
| Dividends | £85.46 | +£0 | |
| Interest | £0.03 | +£0 | |
| Profit from sales | -£602.54 | +£0 | |
| Average monthly cash profit | -£5.56 | (-3.2%) | +£0.01 |
| (Sold stocks profit + Dividends - Fees / Months) |
Great news for this account as JLP:Jubilee Metals is 3/5 of the holding, and the rise saw an increase in potential profits as well as a reduction in risk elsewhere. I've set my sell target at 11.5p which would give me another £500 to buy shares with, but wouldn't wipe out the long term deficit.
Nice.
Soared above the trend line, but not enough to change its direction yet.
I don't think I've ever had such a good week when OPTI:Optibiotix hasn't gone up at all. Hopefully gold will hold out for a while at these prices, and a bit of Roan news from JLP:Jubilee Metals would be useful.
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