Worst performer was SBTX:SkinBioTherapeutics, dropping 8%. The lack of news is causing a relentless slide.
BEZ:Beazley is one of my newest magic formula shares, but guess what, it dropped 6% this week for no reason whatsoever.
IHP:Integrafin dropped 6% just as they looked like getting back to break-even, and are now down 13%.
IPX:Impax Asset Management had been creeping up, but dropped 5% this week to go 60% down.
SAE:Simec Atlantis Energy climbed 5% for no reason but are still 72% down.
PSN:Persimmon went up 7% presumably on the back of other builder updates and are only 5% down now.
TRX:Tissue Regenix climbed 7% after one of its products got certification in Europe, but they are still 77% down.
BPM:BP Marsh & Partners zoomed up 10% after positive final results but are still 5% down.
Share of the Week for the 2nd week in a row is AFC:AFC Energy who zoomed up 32% this week, putting my SIPP holding up by 11%. Given I never should have bought this in my SIPP, it may get sold next week.
Here's the ISA and shares portfolio after week 46 of year 11.
Weekly Change | |||
Cash | £105.99 | +£0 | |
Portfolio cost | £113,353.18 | +£0 | |
Portfolio sell value (bid price-commission) |
£40,003.48 | (-64.7%) | -£1,043.40 |
Potential profits | £0 | +£0 | |
Yr 10 Dividends | £180.12 | +£0 | |
Yr 10 Interest | £1.11 | +£0 | |
Yr 10 Profit from sales | £284.97 | +£0 | |
Yr 10 proj avg monthly profit | £35.82 | (0.5%) | -£0.79 |
Total Dividends | £12,488.07 | +£0 | |
Total Interest | £7.91 | +£0 | |
Total Profit from sales | £17,560.27 | +£0 | |
Average monthly cash profit | £248.72 | (3.5%) | -£0.49 |
(Sold stocks profit + Dividends - Fees / Months) |
|||
Compound performance | 35% | +0% |
Very little change other than the £1,043 drop in value.
Yuck
And there we go below the trend line.
The SIPP looks like this after week 498 overall and week 39 of year 10.
Weekly Change | ||||
Cash | £179.84 | -£245.97 | ||
Portfolio cost | £130,718.69 | +£245.97 | ||
Portfolio sell value (bid price - commission) | £69,860.55 | (-46.6%) | -£267.40 | |
Potential profits | £6,125.64 | +£76.26 | ||
Yr 10 Dividends | £1,068.15 | +£0 | ||
Yr 10 Interest | £2.23 | +£0 | ||
Yr 10 Profit from sales | £2,663.45 | +£0 | ||
Yr 10 proj avg monthly profit | £519.55 | (7.2%) | -£17.92 | |
Total Dividends | £17,184.80 | +£0 | ||
Total Interest | £15.13 | +£0 | ||
Total Profit from sales | £19,671.39 | +£0 | ||
Average monthly cash profit | £307.63 | (4.3%) | +£9.61 | |
(Sold stocks profit + Dividends - Fees / Months) | ||||
Compound performance | 41% | +0 |
Still looks pretty bad
I think that's touching the trend line rather than below it.
This doesn't look too bad really, trend line is up.
I'm getting increasingly worried about both JLP:Jubilee Metals and OPTI:Optibiotix. JLP are just doing loads of random stuff as if they get bored of one thing so flit to another. Selling a profitable operation for only 75% of its NAV, keeping hold of the Platinum resource that we're never ever going to develop, and still not reporting how much we're making from copper.
Meanwhile OPTI:Optibiotix is showing no progress whatsoever in SweetBiotix or microbiome modulators and has done a placing with what was claimed to be a strategic investor which looks like nothing of the sort.
Most of my portfolio is wrapped up in these 2 companies, and it concerns me greatly that if I wasn't invested already, I wouldn't touch either with a bargepole right now.