There were no major fallers, which was nice.
POLY:Polymetal went up 6% after a 5% rise last week, so will hopefully stage a bit of a recovery before re-listing in the UK when the Russian assets are sold. They are still 82% down so have a long way to go.
FXPO:Ferrexpo zoomed up 9% but are still 90% down and will be until Russia get out of Ukraine.
CAPD:Capital went up 9% after a 6% rise last week and are now only 6% down. These are still in my dealing account, so I will sell them if they get into profit and add the cash to my ISA where it will be invested in a potential growth share. I'll get back into CAPD:Capital when I next have a SIPP transfer as I do like them.
Share of the week is CWR:Ceres Power which tends to go up and down like a yo-yo and is a potential future share for my trading account. They went up 11% this week but are still 31% down.
Here's the ISA and shares portfolio after week 39 of year 9.
| Weekly Change | |||
| Cash | £65.79 | +£0 | |
| Portfolio cost | £105,005.30 | +£0 | |
|
Portfolio sell value (bid price-commission) |
£45,544.97 | (-56.3%) | -£259.70 |
| Potential profits | £612.98 | +£0 | |
| Yr 9 Dividends | £245.03 | +£0 | |
| Yr 9 Interest | £3.95 | +£0 | |
| Yr 9 Profit from sales | £262.11 | +£0 | |
| Yr 9 proj avg monthly profit | £49.71 | (0.8%) | -£1.31 |
| Total Dividends | £12,156.46 | +£0 | |
| Total Interest | £5.88 | +£0 | |
| Total Profit from sales | £17,560.64 | +£0 | |
| Average monthly cash profit | £278.87 | (4.4%) | -£0.61 |
|
(Sold stocks profit + Dividends - Fees / Months) |
|||
| Compound performance | 38% | +0% |
Very little change. Most of my JLP:Jubilee Metals holding is in the ISA so a 0.2p drop was enough to wipe out all the other gains and drop the value by £259.
A long, slow decline
I have about 2 months before the period starts with the peak from about 10 months ago, at which point the trend line will be very much downwards. I need about £12k improvement to get back to the trend line.
The SIPP looks like this after week 439 overall and week 23 of year 9.
| Weekly Change | ||||
| Cash | £90.35 | -£122.72 | ||
| Portfolio cost | £108,085.66 | +£485.22 | ||
| Portfolio sell value (bid price - commission) | £54,709.27 | (-49.4%) | -£41.12 | |
| Potential profits | £3,503.38 | +£2.48 | ||
| Yr 9 Dividends | £302.35 | +£0 | ||
| Yr 9 Interest | £2.74 | +£0 | ||
| Yr 9 Profit from sales | £3,506.75 | +£0 | ||
| Yr 9 proj avg monthly profit | £700.78 | (11.7%) | -£31.85 | |
| Total Dividends | £14,902.59 | +£0 | ||
| Total Interest | £8.67 | +£0 | ||
| Total Profit from sales | £14,342.65 | +£0 | ||
| Average monthly cash profit | £276.77 | (4.6%) | -£0.63 | |
| (Sold stocks profit + Dividends - Fees / Months) | ||||
| Compound performance | 39% | +0% |
I had some dividends and a tax rebate from the last few weeks so added £300 to the account so I could buy something new. I got 29 shares in EDV:Endeavour Mining at 1647.6955p costing £485.22. Happy to say they ended the week £4 in profit.
Portfolio value hardly changed, as I'm much less exposed to JLP:Jubilee Metals here. The 2% drop in CAML:Central Asia Metals was the main reason for the negative week.
Injection amount goes up, value stays flat.
Very similar pattern to the ISA, but hoping it will diverge as I get rid of all my non-dividend shares from here.
The trading account looks like this after week 405 overall and week 41 of year 8.
The 2% drop in JLP:Jubilee Metals dropped this £31. I maybe should have sold my profitable holding earlier, but I'm determined to hold out for a decent return.
It was looking so promising a few weeks ago, but less so now.
Plunging towards the trend line which is still pointing downwards.
Injection amount goes up, value stays flat.
Very similar pattern to the ISA, but hoping it will diverge as I get rid of all my non-dividend shares from here.
The trading account looks like this after week 405 overall and week 41 of year 8.
| Weekly Change | |||
| Cash | £63.39 | +£0 | |
| Portfolio cost | £2,073.87 | +£0 | |
| Portfolio sell value (bid price - commission) | £1,353.37 | (-34.7%) | -£31.90 |
| Potential profits | £30.70 | -£17.17 | |
| Year 8 Dividends | £25.36 | +£0 | |
| Year 8 Interest | £0 | +£0 | |
| Year 8 Profit | £328.15 | +£0 | |
| Yr 8 proj avg monthly profit | £37.36 | (+21.6%) | -£0.94 |
| Dividends | £85.46 | +£0 | |
| Interest | £0.03 | +£0 | |
| Profit from sales | -£602.54 | +£0 | |
| Average monthly cash profit | -£5.53 | (-3.2%) | +£0.02 |
| (Sold stocks profit + Dividends - Fees / Months) |
The 2% drop in JLP:Jubilee Metals dropped this £31. I maybe should have sold my profitable holding earlier, but I'm determined to hold out for a decent return.
It was looking so promising a few weeks ago, but less so now.
Plunging towards the trend line which is still pointing downwards.
The way things are going I fear it will be months rather than weeks before any news that might cause a turnaround in my fortunes. I guess I should be pleased that I have more profitable shares than at any time I can remember, with 11 lines of my spreadsheet green. In the past I would have sold them, but my new "hold dividend shares forever" mentality is now set in. Let's see if it's more successful than when I was trading.
Looking back at my most successful shares, it was the likes of IQE:IQE, SBTX:SkinBioTherapeutics, JLP:Jubilee Metals, CAML:Central Asia Metals and even OPTI:Optibiotix, and in every single case I would have lost all my profits if I hadn't sold when I did. So whereas this hold forever method may work ok for FTSE shares, I think I'll need to continue selling at least some in my ISA where I'll have a much higher risk profile.
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