Week 490 Review - The year ends with yet another drop.

There were as many shares up as there were down this week, but small drops in my larger holdings resulted in the deficit between cost and value widening by £1,405 to £127,332 and deficit between injection amount and value increased to £55,449. Portfolio value dropped to £109,314.

No shares dropped by 5% or more this week, in contrast to the carnage of the week before.

FXPO:Ferrexpo climbed 9%, but I'll mention that first as they are still 76% down and so it was a much smaller increase when compared to my purchase price.

AFC:AFC Energy and CWR:Ceres Power have been moving in the same direction recently - mostly down. This week they were both up by 5%, and I'm hopeful both will stage a recovery in t he new year.

Share of the Week ATYM:Atalaya Mining also rose 5% this week, but I decided to give it the award as  I think it's a good company, and have decided when I sell up my SIPP JLP:Jubilee Metals shares, I'll buy some more of these with the proceeds.

Here's the ISA and shares portfolio after week 22 of year 10.

			Weekly Change
Cash	£106.08		+£11.64
Portfolio cost	£112,093.83		+£0
Portfolio sell value (bid price-commission)	£44,232.50	(-60.5%)	-£815.00
Potential profits	£0		+£0
Yr 10 Dividends	£109.18		+£11.64
Yr 10 Interest	£0.44		+£0
Yr 10 Profit from sales	£243.66		+£0
Yr 10 proj avg monthly profit	£61.38	(0.9%)	-£0.52
Total Dividends	£12,331.67		+£11.64
Total Interest	£7.24		+£0
Total Profit from sales	£18,121.50		+£0
Average monthly cash profit	£264.87	(3.8%)	-£0.44
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	36%		+0%

I got an £11 dividend from WHR:Warehouse REIT which means I've had a 9% return in dividends since buying them. Unfortunately they are 30% down, but I'm in for the long haul.

Portfolio value dropped £815 thanks to small losses in large holdings.

Thankfully still above the £40k line.

Following the trend line rather annoyingly closely.

The SIPP looks like this after week 474 overall and week 6 of year 10.

			Weekly Change
Cash	£187.31		+£31.25
Portfolio cost	£122,037.84		+£0
Portfolio sell value (bid price - commission)	£63,646.44	(-47.8%)	-£565.52
Potential profits	£3,450.09		-£2.37
Yr 10 Dividends	£211.57		+£0
Yr 10 Interest	£0.17		+£0
Yr 10 Profit from sales	£1,906.90		+£0
Yr 10 proj avg monthly profit	£1.514.06	(22.8%)	-£302.81
Total Dividends	£16,328.22		+£0
Total Interest	£13.07		+£0
Total Profit from sales	£18,914.84		+£0
Average monthly cash profit	£309.48	(4.7%)	-£0.66
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	43%		+0%

Portfolio value dropped by £565 for the same reason as the ISA, but potential profits only down by £2. Cash went up by £31 thanks to a tax rebate. Not much else happened.

Bad!

Below trend line and dragging it steeper downwards.

The trading account looks like this after week 440 overall and week 24 of year 9.

			Weekly Change
Cash	£70.88		+£0
Portfolio cost	£2,150.27		+£0
Portfolio sell value (bid price - commission)	£1,070.85	(-50.2%)	-£25.26
Potential profits	£0		+£0
Year 9 Dividends	£0		+£0
Year 9 Interest	£0		+£0
Year 9 Profit	£83.88		+£0
Yr 8 proj avg monthly profit	£15.15	(+8.5%)	-£0.65
Dividends	£85.46		+£0
Interest	£0.03		+£0
Profit from sales	-£518.66		+£0
Average monthly cash profit	-£4.27	(-2.4%)	+£0.01
(Sold stocks profit + Dividends - Fees / Months)

JLP:Jubilee Metals dropped by 3% which cost £25. I really hope it turns around in the new year.

The green line appears to be at a 12-month low.

Yep - no doubt it's pretty terrible.

2024 has bee a bit of a rubbish year, which is difficult to take as it promised so much. All I can hope is that the things that were meant to happen in 2024 and didn't, happen in 2025 instead.

In theory it should be the case - OPTI:Optibiotix are waiting to announce the first SweetBiotix contract, SBTX:SkinBioTherapeutics have Croda launching their product in April, PBX:Probiotix have assured us of big revenues coming soon, and JLP:Jubilee Metails should ramp up copper production and demonstrate massive cash generation. If those things happen then my portfolio should rocket, as they are all my biggest holdings.

So looking back at how things did in 2024, my deficit between cost and value went from £91,339 a year ago to £127,332, so I've lost around £36,000. I've added around £13k to the cost of my ISA, of which £12k was injecting new cash, and £18k to my SIPP, of which only £11k was injecting new cash and around £3k was tax rebates. The other £4k was re-investing profits.

I did implement my new SIPP strategy part way through the year, and that still needs another year to bed in, as I sell non-dividend shares and re-invest in magic formula shares, assuming those loss-making shares ever turn around. I do need to retain better discipline though, as I've been selling dividend-paying shares to buy JLP:Jubilee Metals as a short-term punt, and that's completely the reverse of what I'm meant to be doing in this account. It really has to stop!

Week 489 Review - Bah humbug as the whole portfolio crashes in a heap.

An absolute Christmas disaster, with the whole portfolio plummeting. Only 2 holdings finished up on the week, and they were only by 1%, but the list of massive drops is going to take up most of the blog. The deficit between cost and value widened by £14,529 to £125,926 and the deficit between injection amount and value went up to £54,085. Total portfolio value dropped to £110,676.

The worst performer was last week's Share of the Week and my biggest holding OPTI:Optibiotix, which dropped 17% and lost two thirds of last week's gains. That only accounted for about half the overall losses though.

The 2nd worst performer was my 2nd biggest holding JLP:Jubilee Metals, which fell 16% after an RNS stated power grid issues in Zambia mean they may not meet their forecast production at the Roan concentrator. However, given this time last year production there was zero and the share price was higher, I can't understand why the massive drop. That's why I bought a load more!

The 3rd worst performer is my 3rd biggest holding SBTX:SkinBioTherapeutics, which fell 11% for no real reason other than profit taking after a recent rise. Can you see a pattern forming here? Merry bloody Christmas!

The only other double-digit loser was AFC:AFC Energy, which I thought was on the way back up, but which fell 10% this week to go 50% down.

Next worst performer was IHP:Integrafin, which produced what I thought were very solid results, but which dropped 9%. I have a pension transfer coming through in a few weeks, and I will be buying more of these.

Three shares fell by 8%, none of which had any particular reason for doing so. ATYM:Atalaya Mining, CMCL:Caledonia Mining and PBX:Probiotix Health.

GAW:Games Workshop, PAF:Pan African Resources, PAGE:Pagegroup and TLOU:Tlou Energy all fell 7%.

AAL:Anglo American Mining and ALU:Alumasc Group both fell 5%.

As I said in the intro, the only 2 shares that went up were APAX:Apax Global Alpha and IGG:IG Group, and being slightly less shit than the rest of the portfolio isn't enough to earn Share of the Week!

Here's the ISA and shares portfolio after week 21 of year 10.

			Weekly Change
Cash	£94.44		+£0.04
Portfolio cost	£112,093.83		+£0
Portfolio sell value (bid price-commission)	£45,047.50	(-59.8%)	-£7,394.31
Potential profits	£0		+£0
Yr 10 Dividends	£97.54		+£0
Yr 10 Interest	£0.44		+£0
Yr 10 Profit from sales	£243.66		+£0
Yr 10 proj avg monthly profit	£61.90	(0.9%)	-£3.08
Total Dividends	£12,320.03		+£0
Total Interest	£7.24		+£0
Total Profit from sales	£18,121.50		+£0
Average monthly cash profit	£265.31	(3.9%)	-£0.54
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	36%		+0%

Very little happened other than the massive £7,394 drop in value which wiped out all last week's gains plus a load more.

The only good news is that it didn't drop all the way to the recent lows. Maybe that's next week...

By some miracle it's touching the trend line rather than below it, but we are definitely following it down.

The SIPP looks like this after week 473 overall and week 5 of year 10.

			Weekly Change
Cash	£156.06		-£0.54
Portfolio cost	£122,037.84		+£335.48
Portfolio sell value (bid price - commission)	£64,211.96	(-47.4%)	-£6,930.14
Potential profits	£3,452.46		-£910.28
Yr 10 Dividends	£211.57		+£24.96
Yr 10 Interest	£0.17		+£0.17
Yr 10 Profit from sales	£1,906.90		+£309.82
Yr 10 proj avg monthly profit	£1.816.87	(27.4%)	-£91.36
Total Dividends	£16,328.22		+£24.96
Total Interest	£13.07		+£0.17
Total Profit from sales	£18,914.84		+£309.82
Average monthly cash profit	£310.14	(4.7%)	+£2.42
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	43%		+1%

It's not often I get to fill in every single bit of the table.

I had a £24 dividend from SCT:Softcat, and 17p interest. 

When JLP:Jubilee Metals plummeted I decided to buy some more, so I sold 3,000 of my PAF:Pan African Resources shares at 36.2094p making £309 (39.9%) profit. I used the proceeds to buy 27,476 JLP shares at 3.96p costing £1,100. I'm hoping to sell those for 100% profit, buy back the PAF shares, and buy another £1,000 of CAML:Central Asia Metals. Unfortunately all the times I've tried this in the past have resulted in JLP falling even further, leaving me with 5 separate holdings in my SIPP, all of which were meant to be short term! Maybe this time...

Potential profits fell by £910 thanks to just about everything tanking. Year 10 performance is looking great after selling so much in the first few weeks, and long term performance improved by just 0.1%. It would be nice to get that back above 5%, which a rally in JLP:Jubilee Metals would easily achieve.

It was getting so close to the injection line - very sad.

Unfortunately this one has crossed the trend line and is now pulling it steeper downwards.

The trading account looks like this after week 439 overall and week 23 of year 9.

			Weekly Change
Cash	£70.88		+£7.49
Portfolio cost	£2,150.27		+£76.40
Portfolio sell value (bid price - commission)	£1,096.11	(-49.0%)	-£204.97
Potential profits	£0		-£76.88
Year 9 Dividends	£0		+£0
Year 9 Interest	£0		+£0
Year 9 Profit	£83.88		+£83.88
Yr 8 proj avg monthly profit	£15.80	(+8.8%)	+£15.80
Dividends	£85.46		+£0
Interest	£0.03		+£0
Profit from sales	-£518.66		+£83.88
Average monthly cash profit	-£4.28	(-2.4%)	+£0.84
(Sold stocks profit + Dividends - Fees / Months)

Something actually happened! When the JLP:Jubilee Metals share price collapsed for no good reason, SBTX:SkinBioTherapeutics was still high, so I sold my 2003 shares for 18.85p making £83.89 (29.4%) profit. Although that was well below my target of 23p, they subsequently dropped to 16.5p to it turned out to be a good move.

I bought 9,306 JLP shares at 3.72p costing £358.13. They are down by 5% due to spread and commission, but the bid price ended up 2% up on what I paid for them, so although the JLP price dropped over the week, these have done ok. It does mean my entire trading account is invested in JLP, so rather a lot is relying on that coming good. I do still hold TALY:Tally, but lets face it, that's never going to re-list and at some point I'll have to write them off. Probably the day after I get the account back into profit!

Cost price is up but value steeply down.

Well that's deeply depressing.

It looked like we might have been getting a Santa rally, as things were looking better than they had for much of 2024, but this week has put us right back where we started. It's very frustrating that the American share prices recovered on Friday after UK had closed. Does that mean we'll get some recovery next week? I very much doubt it.

Week 488 Review - Optibiotix flies in a rubbish week just about everywhere else.

It was a rubbish week across most of my portfolio, but OPTI:Optibiotix saved the day with a big rise, meaning the deficit between cost and value narrowed by an impressive £7,389 to £111,396 and the deficit between injection amount and value reduced to £39,975. Total portfolio value went up to £124,787. The deficit would have reduced even further, but I cashed in £1,500 of profits so I could buy some new magic formula shares before their ex-dividend date.

The worst performer was IPX:Impax Asset Management which plummeted 25% after St James's Place announced they were taking one of their funds back off IPX. All a bit of a disaster given this was one of the top ranked shares in my magic formula spreadsheet, so I'd bought some more. They are now down by 45% and looking a pretty terrible investment. I guess they are a long term holding and still pay a decent dividend, so I'll hope there's a recovery in share price.

FXPO:Ferrexpo have been zooming up lately, but dropped 12% this week to go 78% down. I suspect they'll drift further after the recent spike.

TLOU:Tlou Energy fell 7% as they continue to drift downwards and remove all chance of me selling before they leave AIM at the end of the month.

ASHM:Ashmore Group dropped 6% for no particular reason.

CAML:Central Asia Metals had been recovering recently, but fell 5% this week despite other copper producers increasing. Typical this came a few weeks after me buying back lots of shares.

SBTX:SkinBioTherapeutics have been making optimistic noises recently, and seem to have some momentum behind them in advance of Croda launching their new ingredient in April. They went up 14% this week to 18.5p. My trading account target is 23.5p which is looking within reach.

Share of the Week is OPTI:Optibiotix which shot up an amazing 27% on absolutely no news whatsoever. It seems good news causes the price to drop, but no news allows it to rise. My AJ Bell ISA holding is on the verge of going back into profit, but my SIPP holding that I want to sell is still 35% down, so I need 21p to become 33p just to break even, and I have other shares at 60p break even.

Here's the ISA and shares portfolio after week 20 of year 10.

			Weekly Change
Cash	£94.40		+£91.75
Portfolio cost	£112,093.83		+£0
Portfolio sell value (bid price-commission)	£52,551.81	(-53.2%)	+£5,134.87
Potential profits	£0		+£0
Yr 10 Dividends	£97.54		+£0
Yr 10 Interest	£0.44		+£0
Yr 10 Profit from sales	£243.66		+£0
Yr 10 proj avg monthly profit	£64.98	(0.9%)	-£5.31
Total Dividends	£12,320.03		+£0
Total Interest	£7.24		+£0
Total Profit from sales	£18,121.50		+£0
Average monthly cash profit	£265.85	(3.9%)	-£0.62
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	36%		+0%

I added £100 to my ISA because I'd cocked up and spent my trading account cash last week. It's a problem that my trading account is split between my HL ISA, AJ Bell ISA and AJ Bell dealing account. I need to move it all into my AJ Bell ISA somehow. Keeping track of where the cash is meant to be is a pain.

Very nice indeed, but still a hell of a long way from the injection line.

Well above the trend line. Could we start pulling it back level?

The SIPP looks like this after week 472 overall and week 4 of year 10.

			Weekly Change
Cash	£156.60		-£273.25
Portfolio cost	£121,702.36		+£1,980.54
Portfolio sell value (bid price - commission)	£70,806.62	(-41.8%)	+£2,225.40
Potential profits	£4,362.74		-£1,691.25
Yr 10 Dividends	£186.61		+£140.90
Yr 10 Interest	£0		+£0
Yr 10 Profit from sales	£1,597.08		+£1,597.08
Yr 10 proj avg monthly profit	£1.908.23	(28.8%)	+£1,846.11
Total Dividends	£16,303.26		+£140.90
Total Interest	£12.90		+£0
Total Profit from sales	£18,605.02		+£1,597.08
Average monthly cash profit	£307.72	(4.6%)	+£15.16
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	42%		+2%

This account was very busy. I received a wonderful £140 from PAF:Pan African Resources, and cashed in £1,597 profits so potential profits dropped by that plus a little more and the increase in portfolio value was much less than the ISA at £2,225 for the same reason.

My first sale was 25% of my holding in IGG:IG Group because I wanted to get my holding in POLR:Polar Capital above £1,000 before dividend ex-date. I sold 62 IGG shares at 962.951p and made £64.86 (14.3%) profit. That enabled me to buy 130 POLR shares at 540.86p costing £715.07.

Next I decided to sell half of my PAF:Pan African Resources shares from my AJ Bell SIPP because they were up by over 100% and I've had the dividend, meanwhile CMCL:Caledonia Mining have dropped for no good reason and pay a quarterly dividend, so now seemed like a good time to swap some over. I sold 3,200 PAF shares at 37.0435p making £633.17 (114.6%) profit. I bought 116 CMCL shares at 860p costing £1,009.55.

Next I sold half of my holding in III:3i Group, another which is up by over 100%. I wanted to buy TRY:TR Property Investment, again before dividend ex-date. I sold 30 shares in III making £584.33 (118.5%) profit. I bought 383 shares in TRY at 315p costing £1,217.48.

My final sale was a small amount of my larger HL PAF:Pan African Resources holding to allow me to buy FDM:FDM Group, another top magic formula share that's had a bit of a slump recently but may be staging a small recovery. I sold 2,800 PAF shares at 37.179p making £314.72 (41.9%) profit, and bought 343 FDM shares at 319.8398p costing £1,107.54.

Finally there was my monthly investment in FOUR:4imprint where I bought 4 shares at 5057.137p costing £204.80. That completes all my buying of FOUR, and from next month I'll start buying BHP:BHP Group instead.

The profits sent performance for Year 10 of the scale but only increased long term profits by £15 a month, with average return still less than half my target of 10% at 4.6%.

I do believe we're getting very close to the injection line.

Still not far above the trend line, but great to be on the right side of it.

The trading account looks like this after week 438 overall and week 22 of year 9.

			Weekly Change
Cash	£63.39		+£0
Portfolio cost	£2,073.87		+£0
Portfolio sell value (bid price - commission)	£1,224.68	(-40.9%)	+£29.12
Potential profits	£76.88		+£45.07
Year 9 Dividends	£0		+£0
Year 9 Interest	£0		+£0
Year 9 Profit	£0		+£0
Yr 8 proj avg monthly profit	£0	(+0%)	+£0
Dividends	£85.46		+£0
Interest	£0.03		+£0
Profit from sales	-£602.54		+£0
Average monthly cash profit	-£5.12	(-3.0%)	+£0.01
(Sold stocks profit + Dividends - Fees / Months)

JLP:Jubilee Metals dropped 0.1p but SBTX:SkinBioTherapeutics had a great week and increased potential profits by £45 to £76, but I'm holding out for £177. It may even happen before Christmas!

Not really much movement.

Almost touching the trend line. The success of this account is almost entirely dependent on JLP:Jubilee Metals having a massive re-rate, but the institutional seller has been holding the price back for months. One day they will finish selling, after which there should be a snowball effect over this account and a massive one on my SIPP where I intend to sell the lot.

I don't think what's happening now can count as a Santa rally because nearly all my holdings lost money this week. I'm hoping for something much nicer next week - but need OPTI:Optibiotix to hold firm and not slide back down again.

Week 487 Review - Nearly a great week but all went horribly wrong on Friday.

A pretty flat week which was looking great on Thursday night, with a £6,000 increase from last week, but Friday was horrible and the deficit between cost and value ended up higher by £798 at £118,796, and deficit between injection amount and value increased to £49,074. Total portfolio value is actually higher at £115,589, but that's due to injecting more cash.

All the big losers fell 6% this week, with AFC:AFC Energy going 44% down, OPTI:Optibiotix giving up some of last week's gains and SAE:Simec Atlantis Energy dropping to 79% down.

PAF:Pan African Resources continues to perform brilliantly and went up 8%, with my first holding now up by 116%.

PBX:Probiotix Health went up a healthy 20% but is still 71% down.

Share of the Week is FXPO:Ferrexpo which went up a magnificent 48% and is now only 75% down. I suspect it will never get back to break even, but if the war ends and they get back to paying a dividend, then it's a good long-term hold. There's still a chance the whole thing will get wiped out by the Russians though.

Here's the ISA and shares portfolio after week 19 of year 10.

			Weekly Change
Cash	£2.65		-£95.95
Portfolio cost	£112,093.83		+£539.99
Portfolio sell value (bid price-commission)	£47,306.94	(-57.8%)	-£863.85
Potential profits	£0		+£0
Yr 10 Dividends	£97.54		+£44.04
Yr 10 Interest	£0.44		+£0.04
Yr 10 Profit from sales	£243.66		+£0
Yr 10 proj avg monthly profit	£70.29	(1.0%)	+£6.70
Total Dividends	£12,320.03		+£44.04
Total Interest	£7.24		+£0.04
Total Profit from sales	£18,121.50		+£0
Average monthly cash profit	£266.47	(3.9%)	-£0.16
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	36%		+0%

I had a £44 dividend from ASHM:Ashmore Group so injected a bit more cash and bought 11,590 more shares in JLP:Jubilee Metals at 4.616p costing £539.99. That takes my AJ Bell ISA holding to 270,951 shares at an average 6.28p costing £17,115, so still down 29% but the average price has come down. My total ISA holding is 314,953 shares which I plan to hold long term. I also have 38,080 in my AJ Bell dealing account which I plan to sell for a small profit and use the cash to buy a new telescope, but they are at around 11p so I may have a bit of a wait. I also have 136,295 in my SIPP, all of which will be sold as soon as possible and used for magic formula shares.

Value dropped by £863 thanks to most of my bigger holding losing money.

Not too bad a drop

Still above the trend line

The SIPP looks like this after week 471 overall and week 3 of year 10.

			Weekly Change
Cash	£429.85		+£160.90
Portfolio cost	£119,721.82		+£500.51
Portfolio sell value (bid price - commission)	£66,600.68	(-44.4%)	+£80.70
Potential profits	£6,053.99		+£463.42
Yr 10 Dividends	£45.71		+£11.41
Yr 10 Interest	£0		+£0
Yr 10 Profit from sales	£0		+£0
Yr 10 proj avg monthly profit	£62.12	(0.9%)	-£6.34
Total Dividends	£16,162.36		+£11.41
Total Interest	£12.90		+£0
Total Profit from sales	£17,007.94		+£0
Average monthly cash profit	£292.56	(4.4%)	-£0.52
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	40%		+0%

The £11 dividend was from CMCL:Caledonia Mining. I injected a bit of cash and bought 92 shares in POLR:Polar Capital at 538.6p costing £500.51 as their dividend date is coming up soon and I want to get back into them.

Portfolio value actually increased by £80 thanks to gains in many of my magic formula shares, and all my big gainers were in the SIPP this week. Monthly investment cash was added and will be spent next week.

Going in the right direction

Just above the tend line.

The trading account looks like this after week 437 overall and week 21 of year 9.

			Weekly Change
Cash	£63.39		+£0
Portfolio cost	£2,073.87		+£0
Portfolio sell value (bid price - commission)	£1,195.56	(-42.4%)	-£5.93
Potential profits	£31.81		+£10.02
Year 9 Dividends	£0		+£0
Year 9 Interest	£0		+£0
Year 9 Profit	£0		+£0
Yr 8 proj avg monthly profit	£0	(+0%)	+£0
Dividends	£85.46		+£0
Interest	£0.03		+£0
Profit from sales	-£602.54		+£0
Average monthly cash profit	-£5.13	(-3.0%)	+£0.01
(Sold stocks profit + Dividends - Fees / Months)

SBTX:SkinBioTherapeutics went up a tiny amount, but JLP:Jubilee Metals dropped by more, so a £5 drop in value, but potential profits up by £10. I need SBTX to gain quite a bit more before I sell.

Pretty flat.

Still below the trend line and desperate for a move in JLP:Jubilee Metals.

The Santa rally stalled this week. Let's hope it gets back in track next week. The best Christmas present would by the JLP:Jubilee Metals seller finishing and the share price heading upwards, as I have an awful lot to sell, as well as a massive pot to keep long term.

Week 486 Review - Great week despite some disappointment as Optibiotix flies.

The deficit between cost and value narrowed by an impressive £8,855 to £117,998, mainly thanks to a big rise on OPTI:Optibiotix. The deficit between injection amount and value dropped to £48,331 and total portfolio value increased to £115,281.

Worst performer was PBX:Probiotix Health which looked like a corner had been turned, but most of the gains have been lost. They dropped 17% and are back at 5p so not much higher than the all-time low.

CORE:Solidcore Resources may have been sliding for a few weeks, but I couldn't access their share price from Madagascar, so am catching up this week with a 13% drop since I last recorded them.

PAF:Pan African Resources fell 10% as the gold price is hit again.

JLP:Jubilee Metals looked like the seller had gone, but they haven't. I reckon they just waited a few weeks for the share price to get above their 5p cut-off and are now at it again, with an 8% loss this week.

CMCL:Caledonia Mining continue to under-perform and dropped another 6% to go 17% down.

ARBB:Arbuthnot Banking have had a bad few weeks, but went up 5% this week and are now only 14% down.

PAGE:Pagegroup climbed 5% but are still down by 28%.

SAE:Simec Atlantis Energy recovered 6% but are 78% down.

AAL:Anglo American Mining have been flogging stuff off. They are up 7% and my holding has just about nudged into profit.

AFC:AFC Energy continue to by very volatile and went up 13%, but are still 41% down.

Share of the week is OPTI:Optibiotix, which went up 26% and accounted for much of the week's gains. That was with no news - we can only hope it does the same if there is any news. Unfortunately it's often the opposite.

Here's the ISA and shares portfolio after week 18 of year 10.

			Weekly Change
Cash	£98.60		+£95.45
Portfolio cost	£111,553.84		+£0
Portfolio sell value (bid price-commission)	£47,630.80	(-57.3%)	+£4,362.07
Potential profits	£0		+£0
Yr 10 Dividends	£53.50		+£0
Yr 10 Interest	£0.40		+£0
Yr 10 Profit from sales	£243.66		+£0
Yr 10 proj avg monthly profit	£63.59	(0.9%)	-£4.91
Total Dividends	£12,275.99		+£0
Total Interest	£7.20		+£0
Total Profit from sales	£18,121.50		+£0
Average monthly cash profit	£266.63	(3.9%)	-£0.59
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	36%		+0%

I added £100 to my ISA to make sure I have enough to cover fees. Not much else happened aside from the big surge in value. Still nothing in profit.

Nice.

We've crossed the trend line!

The SIPP looks like this after week 470 overall and week 2 of year 10.

			Weekly Change
Cash	£268.95		+£156.60
Portfolio cost	£119,221.31		+£0
Portfolio sell value (bid price - commission)	£66,018.47	(-44.6%)	+£4,557.32
Potential profits	£5,590.57		-£725.76
Yr 10 Dividends	£34.30		+£34.30
Yr 10 Interest	£0		+£0
Yr 10 Profit from sales	£0		+£0
Yr 10 proj avg monthly profit	£68.40	(1.0%)	+£68.40
Total Dividends	£16,150.95		+£34.30
Total Interest	£12.90		+£0
Total Profit from sales	£17,007.94		+£0
Average monthly cash profit	£293.08	(4.5%)	-£0.33
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	40%		+0%

Cash came from a tax rebate, a £9 dividend from GAW:Games Workshop, and a £24 dividend from UKW:Greencoat UK Wind. Potential profits down due to gold slipping, but portfolio value well up.

Promising.

Also above the trend line.

The trading account looks like this after week 436 overall and week 20 of year 9.

			Weekly Change
Cash	£63.39		+£0
Portfolio cost	£2,073.87		+£0
Portfolio sell value (bid price - commission)	£1,201.49	(-42.1%)	-£63.80
Potential profits	£21.79		+£21.79
Year 9 Dividends	£0		+£0
Year 9 Interest	£0		+£0
Year 9 Profit	£0		+£0
Yr 8 proj avg monthly profit	£0	(+0%)	+£0
Dividends	£85.46		+£0
Interest	£0.03		+£0
Profit from sales	-£602.54		+£0
Average monthly cash profit	-£5.14	(-3.0%)	+£0.01
(Sold stocks profit + Dividends - Fees / Months)

The big drop in JLP:Jubilee Metals caused a drop in value of £63.

It was looking better a few weeks ago

Drat! Just as the other accounts cross the trend line, this take a nosedive.

That's the holiday backlog cleared up. Wonder if we'll get a Santa rally this year? There's been absolutely no evidence of one in my portfolio for the last 10 years so I won't hold my breath.

Week 485 Review - Another fairly flat week.

The deficit between cost and value widened by just £489 to £126,853, and deficit to injection amount rose to £57,339. The total portfolio value is £106,174.

CWR:Ceres Power goes from bad to worse, losing another 8% and suggesting they won't stay in the FTSE 250 for very long.

TRX:Tissue Regenix dropped 8% presumably because nothing seems to be forthcoming on whether they are selling the company.

FXPO:Ferrexpo lost 5% as they continue to yo-yo.

III:3i Group just keeps delivering, with another 5% growth this week taking them to 121% up.

SAE:Simec Atlantis Energy rose 5% for no clear reason.

GAW:Games Workshop rose a whopping 15% to go 46% up.

SBTX:SkinBioTherapeutics reversed last week's decline and went up 19%.

Share of the Week is PAF:Pan African Resources which rebounded from a 10% loss last week to go up by 21% and my cheapest holding is now £122% up.

Here's the ISA and shares portfolio after week 17 of year 10.

			Weekly Change
Cash	£3.15		+£0
Portfolio cost	£111,553.84		+£0
Portfolio sell value (bid price-commission)	£43,268.73	(-61.2%)	-£884.24
Potential profits	£0		+£0
Yr 10 Dividends	£53.50		+£0
Yr 10 Interest	£0.40		+£0
Yr 10 Profit from sales	£243.66		+£0
Yr 10 proj avg monthly profit	£68.50	(1.0%)	-£4.28
Total Dividends	£12,275.99		+£0
Total Interest	£7.20		+£0
Total Profit from sales	£18,121.50		+£0
Average monthly cash profit	£267.22	(3.9%)	-£0.55
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	36%		+0%

Quite a big drop in value and no gold to off-set.

Slowly wiping out the gains from a few weeks ago,

Determined not to cross the trend line

The SIPP looks like this after week 469 overall and week 1 of year 10.

			Weekly Change
Cash	£112.35		+£0
Portfolio cost	£119,221.31		+£0
Portfolio sell value (bid price - commission)	£61,461.15	(-48.4%)	+£360.66
Potential profits	£6,316.33		+£1,441.99
Yr 10 Dividends	£0		+£0
Yr 10 Interest	£0		+£0
Yr 10 Profit from sales	£0		+£0
Yr 10 proj avg monthly profit	£0	(0.0%)	+£0
Total Dividends	£16,116.65		+£0
Total Interest	£12.90		+£0
Total Profit from sales	£17,007.94		+£0
Average monthly cash profit	£293.41	(4.5%)	-£0.63
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	40%		+0%

Much better performance here, with potential profits up by £1,441 and portfolio value also up.

Boring

Determined to stay under the trend line

The trading account looks like this after week 435 overall and week 19 of year 9.

			Weekly Change
Cash	£63.39		+£0
Portfolio cost	£2,073.87		+£0
Portfolio sell value (bid price - commission)	£1,265.29	(-39.0%)	+£34.13
Potential profits	£0		+£0
Year 9 Dividends	£0		+£0
Year 9 Interest	£0		+£0
Year 9 Profit	£0		+£0
Yr 8 proj avg monthly profit	£0	(+0%)	+£0
Dividends	£85.46		+£0
Interest	£0.03		+£0
Profit from sales	-£602.54		+£0
Average monthly cash profit	-£5.15	(-3.0%)	+£0.01
(Sold stocks profit + Dividends - Fees / Months)

Pretty good thanks to SBTX:SkinBioTherapeutics.

Back to heading upwards

Touching the trend line!

Week 484 Review - Although it appears flat, there were lots of big losers this week.

The deficit between cost and value only widened by £153, which is as flat as it gets. It now stands at £126,364, and the deficit between injection amount and value widened to £56,599. Total value increased to £106,663 thanks to injection of cash for monthly savings.

CMCL:Caledonia Mining plunged 22% after insipid Q3 results. There weren't great, but I don't understand how a quarter of the share price can be lost. I've always done badly with this company, and it's looking like this time will be the same.

PAF:Pan African Resources dropped 10% so it looks like all gold miners had a bad week.

FOUR:4imprint dropped 7% which wiped out most of last week's gains and sent them to loss.

SBTX:SkinBioTherapeutics fell again, this time by 7%.

ARBB:Arbuthnot Banking dropped 6% for no reason, and are now 18% down.

ATYM:Atalaya Mining fell 6% to go 22% down.

GSK:GSK have been a disaster and dropped another 6% to go 21% down.

AFC:AFC Energy fell another 5% and are 48% down.

CAML:Central Asia Metals fell another 5% after I bought a load, and are around half the value I think they should be.

UKW:Greencoat UK Wind dropped another 5% to go 19% down.

OPTI:Optibiotix has another good week, climbing 6% and helping reduce all the losses above.

FXPO:Ferrexpo went up another 7% but are still 83% down.

Share of the Week is TLOU:Tlou Energy, which went up 15%. I'm still 45% down but confident in getting that back when the substation is finished.

Here's the ISA and shares portfolio after week 16 of year 10.

			Weekly Change
Cash	£3.15		-£3.75
Portfolio cost	£111,553.84		+£0
Portfolio sell value (bid price-commission)	£44,152.97	(-60.4%)	+£552.23
Potential profits	£0		+£0
Yr 10 Dividends	£53.50		+£0
Yr 10 Interest	£0.40		+£0.03
Yr 10 Profit from sales	£243.66		+£0
Yr 10 proj avg monthly profit	£72.78	(1.1%)	-£5.92
Total Dividends	£12,275.99		+£0
Total Interest	£7.20		+£0.03
Total Profit from sales	£18,121.50		+£0
Average monthly cash profit	£267.77	(3.9%)	-£1.15
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	36%		+0%

Portfolio value went up by £552 in this account, as most of the big losers are in my SIPP this week.

Flat

Still not reaching the trend line

The SIPP looks like this after week 468 overall and week 52 of year 9.

			Weekly Change
Cash	£112.35		+£22.37
Portfolio cost	£119,221.31		+£227.62
Portfolio sell value (bid price - commission)	£61,100.49	(-48.8%)	-£685.65
Potential profits	£4,874.34		-£676.86
Yr 9 Dividends	£1,481.77		+£0
Yr 9 Interest	£6.97		+£0.52
Yr 9 Profit from sales	£6,172.04		+£0
Yr 9 proj avg monthly profit	£619.75	(9.4%)	-£13.52
Total Dividends	£16,116.65		+£0
Total Interest	£12.90		+£0.52
Total Profit from sales	£17,007.94		+£0
Average monthly cash profit	£294.04	(4.5%)	-£0.78
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	40%		+0%

This was hit hard by the drops in gold, and both potential profits and portfolio value dropped by around £680. The monthly injection was added and used to buy 4 shares in FOUR:4imprint at 5624.916p costing £227.63. Next month will be the last one I invest in FOUR.

This was the last week of year 9, and I'm very happy with the 9.4% performance from sales and dividends. That's pretty much my best ever year and suggests the magic formula plan is working.

Slight dip

Still below trend line

The trading account looks like this after week 434 overall and week 18 of year 9.

			Weekly Change
Cash	£63.39		+£0
Portfolio cost	£2,073.87		+£0
Portfolio sell value (bid price - commission)	£1,231.16	(-40.6%)	-£20.03
Potential profits	£0		+£0
Year 9 Dividends	£0		+£0
Year 9 Interest	£0		+£0
Year 9 Profit	£0		+£0
Yr 8 proj avg monthly profit	£0	(+0%)	+£0
Dividends	£85.46		+£0
Interest	£0.03		+£0
Profit from sales	-£602.54		+£0
Average monthly cash profit	-£5.16	(-3.0%)	+£0.01
(Sold stocks profit + Dividends - Fees / Months)

Slight drop. No drama.

The rise stops.

So close to the trend line.

Two holiday weeks caught up, just two more to go.