Week 541 Review - Great week for the SIPP, flat for the ISA.

A good week for my SIPP, and a flat week for my ISA. A mini Santa Rally saw the deficit between cost and value narrow by £1,299 to £146,372 and the deficit between injection and value reduce to £64,625. Total portfolio value increased to £115,194.

Worst performer was AFC:AFC Energy which dropped 9%, which I suspect was profit taking after the recent big rise. Unfortunately my holding is now back to 32% down making a £667 loss.

TRU:Trufin dropped 5% for no clear reason and my holding is now only 5% up making £48 potential profit.

It was all good news after that.

BOKU:Boku had slid into loss over the last few weeks, but went up 5% and is just in profit by £4.

III:3i Group was a new purchase last week and went up 5% to go 7p into profit. I don't really want them to climb too quickly as I have another 4 months of buying with my monthly investment.

INVP:Investec had slid a bit recently but recovered 5% to go just 3% down making a £37 loss.

IES:Invinity Energy announced some new projects that have been delivered and went up 6%. My recent purchase is down 17% making £52 loss but my old holding is still 90% down making £1,174 loss..

PRU:Prudential has been on a great run and climbed another 7% this week to go 17% up and making £179 potential profit.

RAT:Rathbones also went up 7% and has gone into profit by 3% making £25 potential profit.

EDV:Endeavour Mining had a good week on an increasing gold price, rising 9% and going 8% up and making £96% profit.

Share of the Week is GGP:Greatland Resources which went up 10% and is now 86% up and making £1,059 potential profit.

Here's the ISA and shares portfolio after week 21 of year 11.

			Weekly Change
Cash	£127.12		+£0
Portfolio cost	£116,758.09		+£0
Portfolio sell value (bid price-commission)	£34,328.94	(-70.6%)	-£83.51
Potential profits	£192.98		-£53.47
Yr 11 Dividends	£69.36		+£0
Yr 11 Interest	£0.75		+£0
Yr 11 Profit from sales	£487.56		+£0
Yr 11 proj avg monthly profit	£106.91	(1.5%)	-£5.34
Total Dividends	£12,557.43		+£0
Total Interest	£9.32		+£0
Total Profit from sales	£18,047.83		+£0
Average monthly cash profit	£240.37	(3.3%)	-£0.44
(Sold stocks profit + Dividends - Fees / Months)

Virtually nothing happened. All my big holdings were flat and the £53 drop in potential profits was all TRU:Trufin.

Sticking to that pesky trend line.

The SIPP looks like this after week 525 overall and week 5 of year 11.

			Weekly Change
Cash	£877.13		+£74.23
Portfolio cost	£143,804.05		+£0
Portfolio sell value (bid price - commission)	£79,860.87	(-44.5%)	+£1,382.60
Potential profits	£10,479.88		+£1,043.42
Yr 11 Dividends	£273.10		+£74.23
Yr 11 Interest	£0		+£0
Yr 11 Profit from sales	£800.74		+£0
Yr 11 proj avg monthly profit	£913.22	(11.8%)	-£147.89
Total Dividends	£18,493.30		+£74.23
Total Interest	£20.70		+£0
Total Profit from sales	£25,467.25		+£0
Average monthly cash profit	£349.47	(4.5%)	-£0.06

Cash went up £74 thanks to a £32 dividend from N91:Ninety One, £13 from SCT:Softcat and £18 from YU.:Yu Group. Most of the £1,382 rise was in profitable shares, so potential profits increased by £1,043, and having those dividends is helping maintain my long term performance. It would be great to get to a stage where I have enough dividend-paying shares to have 4.5% return without needing to sell anything.

The gap to injection is narrowing. It would be so good to cross that line.

A definite tick up above the trend line.

Still just above the trend line but it's catching up.

Nice to have a positive week just before Christmas. There will be a few trading days next week so lets hope it continues.

Week 540 Review - Record deficit between cost and value a poor Christmas present

A pretty bad week across much of the portfolio, and a new record low. Thankfully some decent rises offset the big drops in some of my key holdings. The deficit between cost and value widened by £584 to a new high of £147,671, and the deficit between injection and value rose to £65,998. Total portfolio value fell to £113,820.

The worst performer was my largest holding OPTI:Optibiotix, which dropped 1p and lost over £2,000  in value, so the fact the weekly drop was only £584 shows how well some other shares did.

SBTX:SkinBioTherapeutics is another of my biggest holdings and dropped 12% probably due to one large shareholder having sold out.

ALU:Alumasc Group dropped 8% for no reason but my holding is still 20% up overall. They have had a pretty massive fall over the last few months, with shareholders worried about increasing costs and potentially smaller profits. I've re-calculated my magic formula rankings based on their recent performance and they drop to 28th, but that's still in the top 50, so I'll only sell if they drop outside that.

AMP:Ampeak Energy dropped 7% for no obvious reason.

FDM:FDM Group continue to slide after I thought they were staging a recovery, but they fell 6% this week to go 60% down.

POLR:Polar Capital were having a great run, but it seems to be over, with a drop of 5% this week leaving my holding only just in the black.

AMRQ:Amaroq released amazing drilling results, but only managed to climb 5%, but that was enough to put my SIPP holding back into profit and my ISA holding is 14% up.

TLOU:Tlou Energy continue to yo-yo and went up 6% this week.

TRU:Trufin climbed 6% and are now 10% up in my ISA.

AFC:AFC Energy continue to surge, with another 7% gain this week leaving my holding only down 26%.

FXPO:Ferrexpo is another yo-yo stock that would be great for trading. They went up 8% this week so my holding is now 85% down.

GGP:Greatland Resources had a splendid week, climbing 13% to go 69% up overall.

Share of the Week is PBX:Probiotix Health which went up 17% and is now 66% down. I suspect that the person selling a big chunk of SBTX:SkinBioTherapeutics may have put it here and caused a short term blip, as there's no sign of longer term price support.

Here's the ISA and shares portfolio after week 20 of year 11.

			Weekly Change
Cash	£127.12		+£40.01
Portfolio cost	£116,758.09		+£0
Portfolio sell value (bid price-commission)	£34,412.45	(-70.5%)	-£378.99
Potential profits	£246.45		+£128.94
Yr 11 Dividends	£69.36		+£44.04
Yr 11 Interest	£0.75		+£0
Yr 11 Profit from sales	£487.56		+£0
Yr 11 proj avg monthly profit	£112.25	(1.5%)	+£3.21
Total Dividends	£12,557.43		+£44.04
Total Interest	£9.32		+£0
Total Profit from sales	£18,047.83		+£0
Average monthly cash profit	£240.81	(3.3%)	-£0.13
(Sold stocks profit + Dividends - Fees / Months)

I got a £44 dividend from ASHM:Ashmore Group minus monthly fees from AJ Bell. Potential profits are up £128 thanks to AMRQ:Amaroq and TRU:Trufin both having good weeks and despite BOKU:Boku sliding to a loss. The drop in portfolio value was pretty small all things considered.

Not the bounce I was hoping for as we lead into Christmas

Staying on the trend line

The SIPP looks like this after week 524 overall and week 4 of year 11.

			Weekly Change
Cash	£802.90		-£547.47
Portfolio cost	£143,804.05		+£707.67
Portfolio sell value (bid price - commission)	£78,478.27	(-45.4%)	-£205.29
Potential profits	£9,436.46		+£525.56
Yr 11 Dividends	£198.87		+£163.67
Yr 11 Interest	£0		+£0
Yr 11 Profit from sales	£800.74		+£0
Yr 11 proj avg monthly profit	£1,061.11	(13.7%)	-£122.30
Total Dividends	£18,419.07		+£163.67
Total Interest	£20.70		+£0
Total Profit from sales	£25,467.25		+£0
Average monthly cash profit	£349.53	(4.5%)	+£0.66

I did my monthly investments. First I continued buying RAT:Rathbones. I bought 13 shares at 1821p costing £239.41. Unfortunately they promptly dropped to 1780p so my timing wasn't great. I have one more month of buying RAT.

Next I added to my position in SCT:Softcat as I think the recent drop is unjustified. I bought 17 shares at 1423.9255p costing £244.78. I'll buy more next month if they continue to remain depressed.

Finally I bought back into III:3i Group after their recent share price collapse, as I think it was over-done. It does however mean I was right to sell them when I suspected they were over valued. I bought 7 shares at 3155.497p costing £223.48.

I had an impressive £163 in dividends, made up of £49 from JHD:James Halstead, £12 from KNOS:Kainos Group and £102 from PAF:Pan African Resources.

Potential profits went up by £525 because many profitable shares had a good week, and that reduced the losses from the big fallers to just £205.

The gap to injection has been remarkably constant, but isn't improving.

Fractionally above the trend line

Again just above the trend line.

If there's going to be a Santa rally then it needs to be next week, but I can't see where it's going to come from. I only have enough cash in my SIPP to do one more month of multiple regular investments. I'd love to be able to boost that pot before 10th February else I'll have to go back to just the one monthly purchase from my regular savings.

News came through that my DDDD:4D Pharma shares are officially worthless and they have been cancelled. I was holding out a tiny hope they'd get something for selling the IP, but it at least ends the chapter of my worst ever investment, losing £18,600. That disaster is going to impact my performance for a long time to come, and I know it won't be the last as TRX:Tissue Regenix will be dead very soon, as will KIBO:Kibo Energy, and between them they will lose me £6,000. If OPTI:Optibiotix goes bust then I may as well give up.

Week 539 Review - A down week overall although SIPP up slightly.

A down week due to a big drop in the ISA, although the SIPP was in the black. The deficit between cost and value widened by £483 to £147,087 and the deficit between injection and value widened to £65,614. Total portfolio value dropped to £114,204.

Worst performer was IPX:Impax Asset Management which dropped 14% after final results. I don't understand, as the share price was massively hammered when they lost the St James's Place contract, and the figures were based on no longer having that contract, so they have been hammered twice for the same news. My main holding is now down 67% and my recent purchase is already down 22%.

SBTX:SkinBioTherapeutics results were predictably hopeless and the share price dropped by 11% back to where it was before a recent steady climb.

TLOU:Tlou Energy dropped 10% in the usual massive yo-yo.

BOKU:Boku dropped 8% for no obvious reason and have now slipped to a 2% loss.

PAF:Pan African Resources had a good week, climbing 6% to go 247% up.

GGP:Greatland Resources also had a good week, climbing 8% to go 49% up.

Share of the week is AFC:AFC Energy which climbed 10% and my holding is now only 37% down, which is significantly better than just a few weeks ago. A respected pundit has tipped them as a potential 10-bagger which helped. I hope he's right.

Here's the ISA and shares portfolio after week 19 of year 11.

			Weekly Change
Cash	£87.11		-£3.75
Portfolio cost	£116,758.09		+£0
Portfolio sell value (bid price-commission)	£34,791.44	(-70.2%)	-£919.49
Potential profits	£117.51		-£81.38
Yr 11 Dividends	£25.32		+£0
Yr 11 Interest	£0.75		+£0
Yr 11 Profit from sales	£487.56		+£0
Yr 11 proj avg monthly profit	£109.04	(1.5%)	-£6.96
Total Dividends	£12,513.39		+£0
Total Interest	£9.32		+£0
Total Profit from sales	£18,047.83		+£0
Average monthly cash profit	£240.94	(3.3%)	-£0.47
(Sold stocks profit + Dividends - Fees / Months)

Cash went down due to ISA fees, and big drop in value thanks to JLP:Jubilee Metals and SBTX:SkinBioTherapeutics.  With none of my profitable shares increasing and BOKU:Boku having a big drop, potential profits fell by £81.

The slide continues

Sticking with that trend line

The SIPP looks like this after week 523 overall and week 3 of year 11.

			Weekly Change
Cash	£1,350.37		+£233.34
Portfolio cost	£143,096.38		+£0
Portfolio sell value (bid price - commission)	£77,975.89	(-45.5%)	+£436.00
Potential profits	£8,910.90		+£1,009.88
Yr 11 Dividends	£35.20		+£0
Yr 11 Interest	£0		+£0
Yr 11 Profit from sales	£800.74		+£0
Yr 11 proj avg monthly profit	£1,183.21	(15.3%)	-£627.80
Total Dividends	£18,255.40		+£0
Total Interest	£20.70		+£0
Total Profit from sales	£25,467.25		+£0
Average monthly cash profit	£348.87	(4.5%)	-£0.80

Cash increased due to the arrival of my £250 monthly investment money, minus monthly SIPP fees. Value increased by £436 despite some big drops, and potential profits went up by over £1,000 thanks to a 4% rise in CAML:Central Asia Metals, 4% for KNOS:Kainos Group and the big rises in GGP:Greatland Resources and PAF:Pan African Resources.

Year 11 projected performance is skewed by last week's sale, so will drop dramatically over the next few weeks. TRX:Tissue Regenix announced they are de-listing and granting an epic number of shares to an existing investor to bail them out, which will make my shares utterly worthless. I'll lose £3,437 which will hammer my year 11 and long term performance, so I really need to sell enough to make £2,600 profit to balance out the loss for year 11. I'm reluctant to lose some of my more profitable shares though, so I may just take the hit for now and hope JLP:Jubilee Metals sorts itself out so I can plug the gap.

Great to see that gap closing, but very slowly.

Just above the trend line.

This is going to be ruined when I recognise the TRX:Tissue Regenix loss.

So, this first week in December has failed to deliver a Santa rally as my portfolio has dropped in value. At the moment I can't see where any rally is going to come from, as my biggest holdings are still drifting downwards. At least CAML:Central Asia Metals is staging a bit of a recovery as that's my 4th biggest holding. RIO:Rio Tinto is my 6th biggest, and that's now in profit and sneaking up too. Unfortunately OPTI:Optibiotix, JLP:Jubilee Metals and PBX:Probiotix Health are my top 3 and they are utterly hopeless, and SBTX:SkinBioTherapeutics is 5th and that is going downwards. 

Week 538 Review - Not a bad week for the SIPP but a drop for the ISA.

A positive week despite a drop in OPTI:Optibiotix and PBX:Probiotix Health. The ISA is more exposed to those than the SIPP so had a negative week, whereas the SIPP finished up despite banking some profits. The deficit between cost and value narrowed by £456 to £146,603 and the deficit between injection and value narrowed to £65,110. Total portfolio value increased to £114,458.

Worst performer was PBX:Probiotix Health which dropped 8% just a week after falling 7%. I fear these are set to languish for some time. OPTI:Optibiotix dropped 4% and between them they caused most of the damage to the ISA.

BEZ:Beazley had a dreadful week, dropping 7% after a trading statement that lowered outlook for the following year. I had suspended buying these in my monthly savings as they had been creeping up, but I may look to add some more as I think the drop is over-done.

They were the only big losers this week.

FXPO:Ferrexpo climbed a massive 29% on renewed hopes for a Ukrainian peace deal, but they are still 85% down so I'm not allowing them anywhere near Share of the Week despite having to report on them again now.

ASHM:Ashmore Group, KNOS:Kainos Group, POLR:Polar Capital and PRU:Prudential all went up 5% in what seemed like a reversal of last week's drop.

PSN:Persimmon and RAT:Rathbones went up 6% for the same reason, as did TLOU:Tlou Energy, but that's more the usual yo-yo of this share.

AFC:AFC Energy went up a healthy 8% given there was no news.

IHP:Integrafin recovered from last week's big drop with a 10% increase which put my holding back into profit.

Share of the Week is PAF:Pan African Resources which also rose 10% despite going ex-dividend and is now 227% up, so I sold a small amount to bank some profit after qualifying for the dividend. I probably shouldn't sell any more.

Here's the ISA and shares portfolio after week 18 of year 11.

			Weekly Change
Cash	£90.86		+£0
Portfolio cost	£116,758.09		+£0
Portfolio sell value (bid price-commission)	£35,710.93	(-69.4%)	-£335.99
Potential profits	£198.89		+£58.65
Yr 11 Dividends	£25.32		+£0
Yr 11 Interest	£0.75		+£0
Yr 11 Profit from sales	£487.56		+£0
Yr 11 proj avg monthly profit	£116.00	(1.6%)	-£6.82
Total Dividends	£12,513.39		+£0
Total Interest	£9.32		+£0
Total Profit from sales	£18,047.83		+£0
Average monthly cash profit	£241.41	(3.3%)	-£0.45
(Sold stocks profit + Dividends - Fees / Months)

Drop in value was mainly due to PBX:Probiotix Health and OPTI:Optibiotix, but potential profits went up £58 thanks to increases in AMRQ:Amaroq, BOKU:Boku and TRU:Trufin, all of which are recent purchases and 2 of which were using my new AIM magic formula. It's just a shame I'll never get to sell the older holdings so I can move them into my new strategy.

Still essentially flat

Still relentlessly following the trend line

Will it ever go up more than that blip?

The SIPP looks like this after week 522 overall and week 2 of year 11.

			Weekly Change
Cash	£1,117.03		+£25.85
Portfolio cost	£143,096.38		+£879.00
Portfolio sell value (bid price - commission)	£77,539.89	(-45.8%)	+£792.67
Potential profits	£7,901.02		+£585.51
Yr 11 Dividends	£35.20		+£25.85
Yr 11 Interest	£0		+£0
Yr 11 Profit from sales	£800.74		+£800.74
Yr 11 proj avg monthly profit	£1,811.21	(23.5%)	+£1,770.71
Total Dividends	£18,255.40		+£25.85
Total Interest	£20.70		+£0
Total Profit from sales	£25,467.25		+£800.74
Average monthly cash profit	£349.67	(4.5%)	+£6.20

I sold 1,200 shares in PAF:Pan African Resources at 99.2114p making £800.75 (212%) profit. I wanted to keep the investment in gold, and after being spooked out of EDV:Endeavour Mining early in the year I decided to buy back in, purchasing 35 shares at 3505.156p costing £1,244.88. I'm hoping they will start paying dividends very shortly, and it spreads the risk a little in case anything happens to PAF.

I got a £25 dividend from UKW:Greencoat UK Wind and potential profits went up £585 despite realising £800 profit. Year 11 projected performance is silly because it's only week 2, whereas long term performance remained at 4.5% and only went up £6 a month. That is over 10 years though.

A teensy tick up

Fractionally above the trend line

More profit keeps me above the trend line.

OPTI:Optibiotix and JLP:Jubilee Metals have both given the news we were waiting for, and the share price has hardly budged, in fact it's dropped slightly for both. Any hopes for a quick resolution to my poor performance have been dashed, at least for now. Thankfully my new strategy is paying off, but it's such a small percentage of my portfolio that while the older shares are languishing, so is my overall performance. 

Week 537 Review - A dreadful week for my SIPP.

A pretty dreadful week for most of the portfolio, with the rare situation where the SIPP accounted for the majority of the week's losses while the ISA was pretty flat. The deficit between cost and value widened by £1,472 to £147,060 and the deficit between injection and value widened to £66,471. Total portfolio value dropped to £113,097.

This week's biggest loser was IPX:Impax Asset Management which dropped a massive 10%. There was no news, so I don't know why there was such a big fall. It meant my recent purchase went from being 1% in profit to 9% in the red, although that's better than my initial purchase which is down by 62%.

INVP:Investec also went from profitable into loss, dropping 9% to go 4% down. This was after a half yearly trading update that wasn't well received.

FDM:FDM Group dropped 8% which could have been profit taking after the big rise last week.

IHP:Integrafin dropped 8% for no obvious reason, making me contemplate buying more.

PBX:Probiotix Health have been drifting for a while on no news and fell 7% this week.

ASHM:Ashmore Group dropped 6% and continue to plummet since the end of October when I thought they may be returning to break even.

AFC:AFC Energy continue to yo-yo and dropped 5% this week, which is less than usual.

N91:Ninety One dropped 5% which was probably reaction to the half-yearly report, but it looked OK to me.

PAF:Pan African Resources dropped 5% as the price of gold fell a little. My holding is still up by 196% though.

POLR:Polar Capital dropped 5% for no reason, which dented my potential profits given I've bought quite a lot recently.

TLOU:Tlou Energy went up by 5%, but it's just the usual weekly ups and downs.

ALU:Alumasc Group got a bit hammered recently but are slowly crawling back, increasing 6% this week.

SBTX:SkinBioTherapeutics has mysteriously risen 10% this week. There are rumours of an imminent product launch so it could be tied in with that, although I've seen no evidence to substantiate the rumours.

AMP:Ampeak Energy went up 12% after confirmation that funding has been received for their battery storage project.

FXPO:Ferrexpo went up 16% which may have been a reaction to the possible Ukraine peace plan. However, now that's been revealed as just a Russian wish-list they will no doubt drop again next week. For now it's taken them to 88% down so below 90% and I have to start reporting on them again.

Share of the week is GAW:Games Workshop which zoomed up 16% after a great trading statement and improved guidance from analysts. My holding went to to 101% up, joining PAF:Pan African Resources as my only shares above 100% up.

Here's the ISA and shares portfolio after week 17 of year 11.

			Weekly Change
Cash	£90.86		+£0.01
Portfolio cost	£116,758.09		+£0
Portfolio sell value (bid price-commission)	£36,046.92	(-69.1%)	-£90.80
Potential profits	£140.24		-£31.59
Yr 11 Dividends	£25.32		+£0
Yr 11 Interest	£0.75		+£0.01
Yr 11 Profit from sales	£487.56		+£0
Yr 11 proj avg monthly profit	£122.82	(1.7%)	-£7.68
Total Dividends	£12,513.39		+£0
Total Interest	£9.32		+£0.01
Total Profit from sales	£18,047.83		+£0
Average monthly cash profit	£241.86	(3.3%)	-£0.46
(Sold stocks profit + Dividends - Fees / Months)

A virtually flat week as OPTI:Optibiotix increased 4% and SBTX:SkinBioTherapeutics climbed 10% while JLP:Jubilee Metals dropped 3% and PBX:Probiotix Health dropped 7% so the changes evened themselves out, but in the red overall. Potential profits dropped slightly thanks to a 3% fall in AMRQ:Amaroq.

This has been pretty flat for some time now.

Right on the trend line.

The SIPP looks like this after week 521 overall and week 1 of year 11.

			Weekly Change
Cash	£1,091.18		+£63.90
Portfolio cost	£142,217.38		+£0
Portfolio sell value (bid price - commission)	£75,868.22	(-46.7%)	-£1,381.53
Potential profits	£7,315.51		-£512.98
Yr 11 Dividends	£9.35		+£9.35
Yr 11 Interest	£0		+£0
Yr 11 Profit from sales	£0		+£0
Yr 11 proj avg monthly profit	£40.50	(0.5%)	+£40.50
Total Dividends	£18,229.55		+£9.35
Total Interest	£20.70		+£0
Total Profit from sales	£24,666.51		+£0
Average monthly cash profit	£343.47	(4.5%)	-£0.58

This portfolio was hammered, as it was mainly magic formula shares that took big drops. Potential profit fell £512 mainly due to big drops in AMRQ:Amaroq, N91:Ninety One, PAF:Pan African Resources, POLR:Polar Capital and PRU:Prudential. GAW:Games Workshop clawed some of the losses back else it would have been worse.

Cash went up thanks to a tax rebate and £9 dividends from GAW:Games Workshop, and that means in week 1 of  year 11the projected profit is £40 a month, which I may be able to maintain without sales as more dividends come in.

Although a bad week, this has been fairly flat lately.

This week's drop takes us just below the trend line - again.

Still just above the trend line.

We had the JLP:Jubilee Metals production update and the price dropped, so there is very little hope of a revival any time soon. There is an update on joint venture partners due before the end of November, so still a glimmer of hope of something happening before Christmas, but no guarantee it will be positive.

OPTI:Optibiotix still haven't given the promised 2nd generation products update. There was news of a new Slimbiome contract, but a rather puny 0.3p rise was all we got out of it. This is another one where I fear there is little hope of improvement before Christmas.

The American market reversed declines on Friday after the UK market had closed, which seems to happen quite often on Fridays. Hopefully that increase will be reflected in our market on Monday morning.

Week 536 Review - A great week demoted to a good week after Friday slump.

This was looking like a really great week until Friday, when everything went red. Fortunately the gains made at the start of the week were enough to keep most things in the black, so the deficit between cost and value narrowed by £2,044 to £145,588 and the deficit between injection and value narrowed to £65,063. Total portfolio value increased to £114,505.

Biggest loser was TLOU:Tlou Energy which dropped 10%, but that's just the normal weekly movement for this share.

IES:Invinity Energy dropped 5% for no obvious reason.

That's it for the bad news. OPTI:Optibiotix, PBX:Probiotix Health and JLP:Jubilee Metals were all flat, so it was a great performance by the rest of the portfolio to improve value by £2k.

GAW:Games Workshop went up 5% after analysts raised their guidance. These are now 73% up and making £746 potential profit.

KNOS:Kainos Group also went up 5% and are now 7% up and making £83 potential profit.

TRU:Trufin is one of my newest investments in the ISA, and using the new ISA magic formula. They climbed 9% and are 2% up and making £19 potential profit.

AFC:AFC Energy recovered 10% of their losses and are now down by 38%. There seemed no reason for the increase.

AMRQ:Amaroq went up 11% after positive exploration results and both my holdings are in profit, with the ISA holding up 10% and making £103 potential profit.

PAF:Pan African Resources zoomed up 12% and are now up by a spectacular 213% and making £5,072 potential profit.

AMP:Ampeak Energy went up 14% for no obvious reason, but are still down by 64%.

FDM:FDM Group went up 17% after a positive trading statement, but they are still 55% down after plummeting over the last few months. As I wouldn't have bought these under my new positive momentum rule, I won't be averaging down.

Share of the Week is FOUR:4imprint which climbed an impressive 18% after stating revenues would be ahead of consensus. Fortunately I considered the drop way over-done and have been buying every month and averaging down, so my holding is now only down by 8% rather than the 50% it dropped a few months ago.

Here's the ISA and shares portfolio after week 16 of year 11.

			Weekly Change
Cash	£90.85		-£4.06
Portfolio cost	£116,758.09		+£0
Portfolio sell value (bid price-commission)	£36,137.72	(-69.0%)	+£125.87
Potential profits	£171.83		+£77.88
Yr 11 Dividends	£25.32		+£0
Yr 11 Interest	£0.74		+£0
Yr 11 Profit from sales	£487.56		+£0
Yr 11 proj avg monthly profit	£130.50	(1.8%)	-£9.87
Total Dividends	£12,513.39		+£0
Total Interest	£9.31		+£0
Total Profit from sales	£18,047.83		+£0
Average monthly cash profit	£242.32	(3.3%)	-£0.48
(Sold stocks profit + Dividends - Fees / Months)

As all my main ISA holdings stayed flat, there was only a small £125 rise in value. The best news was potential profits rising by £77 as AMRQ:Amaroq went back into profit and TRU:Trufin also went into profit. Unfortunately BOKU:Boku dropped 4% and erased a lot of the gains. They are only up by 5% now which is a bit concerning.

It's been flat for a while with my main holdings being unchanged for the last 2 weeks.

On the trend line now, can we get above it?

The SIPP looks like this after week 520 overall and week 52 of year 10.

			Weekly Change
Cash	£1,027.28		-£454.90
Portfolio cost	£142,217.38		+£472.06
Portfolio sell value (bid price - commission)	£77,249.75	(-45.7%)	+£1,918.53
Potential profits	£7,828.49		+£957.84
Yr 10 Dividends	£2,103.55		+£20.58
Yr 10 Interest	£7.80		+£0
Yr 10 Profit from sales	£7,658.57		+£0
Yr 10 proj avg monthly profit	£794.16	(10.3%)	-£14.12
Total Dividends	£18,220.20		+£20.58
Total Interest	£20.70		+£0
Total Profit from sales	£24,666.51		+£0
Average monthly cash profit	£344.05	(4.5%)	-£0.52

It's the end of Year 10 and I managed 10.3% profit on sales and dividends, which is above my 10% target. Long term performance is way down at 4.5% so lots of work to do to get that up. Year 9 achieved 9.4% and long term performance then was also 4.5%, so it goes to show how difficult it is to get that figure up when the portfolio value keeps growing. The fact it took 10% just to stay still makes me wonder if I'll ever get it higher. 

The portfolio value at the end of Year 9 was £61,100 so we're up £16k. However portfolio cost was £119,221 and it's now £23k higher, so I'm actually £7k worse off in terms of value despite doing well on profits. Potential profits have increased from £4,874 to £7,828 which is only £3k.

Potential profits this week soared an amazing £957 thanks to many of my in-profit shares having big gains, and I had a £20 dividend from FDM:FDM Group.

I had my monthly investments this week. I had cancelled the BEZ:Beazley investment because they had caught up and I'd rather use it to average down.

My first investment was FOUR:4imprint where I bought 7 shares at 3313.5586p costing £234.61. By the end of the week they were at 3825p, which was nice. I have achieved my goal of averaging down the price and doubling my holdings, so I won't buy any more of these and will switch to SCT:Softcat next month, as that's dropped by 12% and it shouldn't have.

The other investment was in RAT:Rathbones where I bought 13 shares at 1806p costing £237.45. Unfortunately on Friday they dropped to 1784p. I'll buy these for another 2 months to get above £1,000.

I just can't seem to close that gap to the injection line.

Just sneaking above the trend line

The trend line appears to be catching up. I'm in danger of dipping below it soon.

It's taking all my willpower to resist top slicing a few more PAF:Pan African Resources. I know holding long term is a much better strategy, but I only need to sell 1,100 to liberate £1,000 and that would still leave me with 6,700. The problem is it goes ex-dividend in a few weeks and I want as big a dividend as possible, so will restrain myself.

The share price of III:3i Group plummeted this week, which justifies my feeling they had got ahead of themselves when I sold. I'll keep an eye on them to see if a buying opportunity presents, but they are still way above their NAV and still have 70% of their portfolio in one stock, so I'll avoid for now.

Both JLP:Jubilee Metals and OPTI:Optibiotix have been flat for 2 weeks now. JLP dropped but then recovered, whereas OPTI hasn't budged. I think potential investors are waiting for news. A Roan copper production report from JLP and an update on 2nd gen products from OPTI are both anticipated and will drive a movement, but in which direction?

Week 535 Review - Sold Ceres Power 2 days before news that would have doubled my profit.

What a depressing week. It started off reasonably well, but then got worse and worse until nearly everything was losing money, and I completely cocked up selling CWR:Ceres Power 2 days too soon. The deficit between cost and value widened by £1,783 to the worst ever £147,632. The deficit between injection and value widened to £67.121 and total portfolio value dropped to £112,448.

Worst performer was ASHM:Ashmore Group dropping 11%, but a big chunk of that was going ex-dividend.

Next worst was SCT:Softcat, but that also went ex-dividend this week and dropped 8%.

My newest share, purchased with proceeds from selling CWR:Ceres Power is TRU:Trufin, and while CWR shot upwards, TRU dropped 6% as soon as I bought them.

UKW:Greencoat UK Wind also slipped 6% as they remain out of favour.

YU.:Yu Group also dropped 6% this week for no obvious reason.

BOKU:Boku, IES:Invinity Energy, N91:Ninety One, RIO:Rio Tinto and SBRE:Sabre Insurance all dropped 5%.

The only share that rose by 5% or more is AMP:Ampeak Energy, climbing 9%. I'm very reluctant to award this dog Share of the Week, but I have worse performers so I suppose I should.

Here's the ISA and shares portfolio after week 15 of year 11.

			Weekly Change
Cash	£94.91		-£4.07
Portfolio cost	£116,758.09		+£549.79
Portfolio sell value (bid price-commission)	£36,011.85	(-69.2%)	-£836.36
Potential profits	£93.95		-£441.17
Yr 11 Dividends	£25.32		+£0
Yr 11 Interest	£0.74		+£0.02
Yr 11 Profit from sales	£487.56		+£549.46
Yr 11 proj avg monthly profit	£140.37	(1.9%)	+£158.89
Total Dividends	£12,513.39		+£0
Total Interest	£9.31		+£0.02
Total Profit from sales	£18,047.83		+£549.46
Average monthly cash profit	£242.80	(3.3%)	+£3.97
(Sold stocks profit + Dividends - Fees / Months)

As I mentioned earlier, I sold my CWR:Ceres Power shares. I thought my reasoning was sound - they had rocketed about 600% in a fairly short amount of time but are still years away from profit. How was I supposed to know they would announce a new deal with Weichai and soar even higher? I sold my 698 shares for 297.1506p making £549.46 (36%) profit, but if I held out for a few more days I could have sold them for 397p and made £1,246 (82%) profit. I sometimes wonder if I'm cursed.

I used half the proceeds of the sale to top up on JLP:Jubilee Metals and buy another 31,347 at 3.19p costing £1,004.97. They dropped in price just after I bought them. I now have 395,921 shares in my ISA costing £23,407.

The other half was used to buy a new magic formula share using my ISA magic formula for potential growth companies. I bought 972 shares in TRU:Trufin at 109p costing £1,064.48. They are an investment company that specialise in startup companies. They are 14th on my magic formula ranking with a high gross margin, excellent growth in both the last 12 months and over 5 years, but have a higher debt to equity than I'd like. They come 6th if I remove the debt measure.

Given I took a load of profit, the fact the portfolio value only fell an additional £287 is mainly due to OPTI:Optibiotix and JLP:Jubilee Metals both being flat. These days it's a happy week when they don't go down, especially as I anticipated some profit taking from JLP after rising 18% last week. I think that did happen, but in mid-week after the price had gone up some more, then dropped back to where it started (just after I bought some).

Potential profits were hammered as I lost everything against CWR, AMRQ:Amaroq went back to loss and BOKU:Boku dropped 5%.

At least I'm no longer showing negative profit for year 11, but the sale made virtually no difference to long term profits.

Pretty flat

Back below the trend line.

A very welcome tiny ripple in the downward slope.

The SIPP looks like this after week 519 overall and week 51 of year 10.

			Weekly Change
Cash	£1,482.18		+£290.05
Portfolio cost	£141,745.32		+£0
Portfolio sell value (bid price - commission)	£74,859.16	(-47.2%)	-£946.75
Potential profits	£6,870.65		-£311.67
Yr 10 Dividends	£2,082.97		+£56.71
Yr 10 Interest	£7.80		+£0
Yr 10 Profit from sales	£7,658.57		+£0
Yr 10 proj avg monthly profit	£808.28	(10.5%)	-£12.69
Total Dividends	£18,199.62		+£56.71
Total Interest	£20.70		+£0
Total Profit from sales	£24,666.51		+£0
Average monthly cash profit	£344.57	(4.5%)	-£0.33

Cash went up as my monthly savings were added, but the shares will be bought next week. £946 drop in value as nearly everything fell, and most of the £311 drop in potential profits was due to N91:Ninety One and RIO:Rio Tinto dropping 5%. I had a £42 dividend from ALU:Alumasc and £14 from PSN:Persimmon. Looking good for year 10 performance when we reach the end of the year next week. It will be above my 10% target thanks to the magic formula.

Looks quite flat.

Looks less flat and below the trend line.

Still above the trend line, happy days.

So, I guess I should reflect on having my biggest ever deficit between cost and value. I need to keep reminding myself that the situation is due to a small number of shares I've held for a very long time and that are at their lowest valuations. The problem is they could go lower, and I also have several time bombs waiting to go off with companies that will almost certainly go bust.

KIBO:Kibo Energy is suspended and will never likely return, so my ISA will lose £2,635 from long term performance, and I don't have anything to sell to make that up. 

In the SIPP I have TRX:Tissue Regenix which is also suspended and in dire trouble, with dodgy accounting having been exposed and a massive cash crisis. When they de-list I will lose £3,437 from my SIPP performance. I do have shares I could sell to counter the drop in performance, but I would need to sell most of PAF:Pan African Resources to do that, and I really don't want to miss out on the massive dividend just before Christmas.

The only other thing that could save me in both my ISA and SIPP is a surge in JLP:Jubilee Metals. That could generate enough profit to counter the losses from both of these, but I had rather hoped to keep them long term in my ISA and use them to boost my SIPP profits rather than just protect them.

Week 534 Review - A positive week despite yet another drop for Optibiotix.

An unusual week, in that the ISA performed well but the SIPP performed badly. Lots of big drops and few gains, but the ISA benefitted from a big jump in JLP:Jubilee Metals which meant the deficit between cost and value narrowed by £1,387 to £145,849 and the deficit between injection and value reduced to £65,923. Total portfolio value increased to £113,395.

Worst performer was ALU:Alumasc Group which is still dropping after uninspiring interims last week. They fell another 8% this week, but my holding is still up 34% so I'm not starting to panic yet.

AFC:AFC Energy are drifting badly and fell 7% this week.

FDM:FDM Group also fell 7%, making me relieved I haven't bought more to try and average down. My holding is losing 64% now.

OPTI:Optibiotix fell 6% which is 0.5p and cost me around £1,000, so it would have been a much better week if they had stayed flat. They have now dropped below their IPO price. The only sliver of hope is that we were at this point in Summer 2023 and went up to 40p in a very short space of time. A repeat of that would be rather splendid. It could come on positive SweetBiotix news, but there's no sign of that at the moment. 

RAT:Rathbones dropped 6% for no obvious reason and I'm now down by 4% instead of being in profit. I don't mind as I'm only halfway through buying these, so ideally they'll drop some more before 12th November.

PAGE:Pagegroup, PSN:Persimmon and UKW:Greencoat UK Wind all fell 5% for no obvious reason, but sentiment is bad for all three at the moment. 

AMP:Ampeak Energy went up 10% but are still way off their recent price and down 71% altogether.

CWR:Ceres Power had another good week as they have been re-admitted into the FTSE 250 and climbed 11%.

IES:Invinity Energy also climbed 11% and me recent purchase is almost in profit.

Share of the Week is JLP:Jubilee Metals which went up a splendid 18%, but are still way, way down overall. Every time I speculate that this may be the turning point, they drop the week after, so I'm not going to do that. They were responsible for most of this week's gains though, and offset the drop in OPTI:Optibiotix.

Here's the ISA and shares portfolio after week 14 of year 11.

			Weekly Change
Cash	£98.98		+£0
Portfolio cost	£116,208.30		+£0
Portfolio sell value (bid price-commission)	£36,298.42	(-68.8%)	+£1,462.13
Potential profits	£535.12		+£119.80
Yr 11 Dividends	£25.32		+£0
Yr 11 Interest	£0.72		+£0
Yr 11 Profit from sales	-£61.90		+£0
Yr 11 proj avg monthly profit	-£18.52	(-0.3%)	+£1.43
Total Dividends	£12,513.39		+£0
Total Interest	£9.29		+£0
Total Profit from sales	£17,498.37		+£0
Average monthly cash profit	£238.83	(3.3%)	-£0.45
(Sold stocks profit + Dividends - Fees / Months)

The big rises in JLP:Jubilee Metals and CWR:Ceres Power were responsible for most of the gains and value went up by £1,462. Potential profits soared as CWR are now up by 25%, and this made up for the small drops in both BOKU:Boku and AMRQ:Amaroq.

A tiny tick up.

Almost touching the trend line.

The SIPP looks like this after week 518 overall and week 50 of year 10.

			Weekly Change
Cash	£1,192.13		+£0
Portfolio cost	£141,745.32		+£0
Portfolio sell value (bid price - commission)	£75,805.91	(-46.5%)	-£74.48
Potential profits	£7,182.32		-£316.87
Yr 10 Dividends	£2,026.26		+£0
Yr 10 Interest	£7.80		+£0
Yr 10 Profit from sales	£7,658.57		+£0
Yr 10 proj avg monthly profit	£820.97	(10.7%)	-£16.76
Total Dividends	£18,142.91		+£0
Total Interest	£20.70		+£0
Total Profit from sales	£24,666.51		+£0
Average monthly cash profit	£344.90	(4.5%)	-£0.67

A very quiet week for the SIPP. Drops all over the portfolio wiped out the gains in JLP:Jubilee Metals so the value dropped by £74, and potential profits were hammered by £316 as many profitable shares dropped.

It's been fairly flat for a while.

Still below the trend line, which I don't normally expect for the SIPP.

Copper is still riding high but my copper miners are not. I'm hoping they will start catching up next week. I'm also due a few dividends next week which will boost my morale after none this week.