Week 492 Review - 2025 reverts to norm and wipes out twice last week's gains.

I was wondering how long last week's good run would last in 2025. Turned out it was a week, as all last weeks gains were wiped out this week, in fact my portfolio dropped almost twice as much as it went up last week. The deficit between cost and value grew by £5,885 to £129,284 and between injection amount and value to £57,273. Total portfolio value dropped to £107,740.

Worst performer was IPX:Impax Asset Management, which gave an update on assets under management which dropped by 8% due to one of the St James's Place funds closing. They will drop by even more when the bigger one closes. However, that knowledge was already in the price, so I don't understand why it dropped another 15%. My holding is now 53% down, which for a magic formula share is dreadful.

FXPO:Ferrexpo dropped 12% as it swings wildly up and down. At least I no longer have a trading account to be tempted by.

ASHM:Ashmore Group and FDM:FDM Group both dropped 10% for no discernible reason.

AJB:AJ Bell, PAGE:Pagegroup and SBTX:SkinBioTherapeutics all dropped 9%, again for no obvious reason.

OPTI:Optibiotix and TRY:TR Property Investment both dropped 8%.

TLOU:Tlou Energy dropped 7%.

JLP:Jubilee Metals, POLR:Polar Capital, PSN:Persimmon and UKW:Greencoat UK Wind dropped 6%

CWR:Ceres Power dropped 5%.

Happy 2025!!

The only holding that went up over 5% was SAE:Simec Atlantis Energy, which I'm reluctant to award Share of the Week, but I think I have to as it went up 18% and is now only 75% down so I can change its colour from red to crimson. I still don't hold out much hope for getting back to profit though.

Here's the ISA and shares portfolio after week 24 of year 10.

			Weekly Change
Cash	£68.54		-£104.98
Portfolio cost	£114,352.47		+£104.98
Portfolio sell value (bid price-commission)	£44,166.43	(-61.4%)	-£3,082.00
Potential profits	£0		+£0
Yr 10 Dividends	£109.18		+£0
Yr 10 Interest	£0.78		+£0
Yr 10 Profit from sales	£327.55		+£0
Yr 10 proj avg monthly profit	£70.79	(1.0%)	-£3.08
Total Dividends	£12,417.13		+£0
Total Interest	£7.58		+£0.31
Total Profit from sales	£17,602.85		+£0
Average monthly cash profit	£259.95	(3.7%)	-£0.53
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	35%		-1%

I incorporated the trading account into this one before re-setting the numbers for week 24, so although figures have changed to take account of the trading account, none of those changes are in the weekly differences.

Cash went down and cost went up by £104 as I used the cash from the trading account and any that was lying in the account to buy 2,989 shares of JLP:Jubilee Metals at 3.345p costing £104.98. I had to find some way to get more at this stupid price, as it will go up when the institutions stop selling.

Not the lowest point but getting there.

Back below the trend line. Great!

I'd like to introduce a new chart - the average monthly profit chart

I haven't really sold anything for a year in the ISA so it's slowly drifting downwards.

The SIPP looks like this after week 476 overall and week 8 of year 10.

			Weekly Change
Cash	£118.85		-£365.21
Portfolio cost	£122,484.42		+£446.58
Portfolio sell value (bid price - commission)	£63,386.20	(-48.2%)	-£2,803.48
Potential profits	£3,549.80		-£37.87
Yr 10 Dividends	£292.94		+£81.37
Yr 10 Interest	£1.08		+£0
Yr 10 Profit from sales	£1,906.90		+£0
Yr 10 proj avg monthly profit	£1.191.09	(17.6%)	-£96.92
Total Dividends	£16,409.59		+£81.37
Total Interest	£13.98		+£0
Total Profit from sales	£18,914.84		+£0
Average monthly cash profit	£308.78	(4.6%)	+£0.09
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	42%		+0%

I got loads of dividends this week, totaling £81. £21 from TRY:TR Property Investment, £31 from POLR:Polar Capital, £18 from III:3i Group and £9 from GSK:GSK. Tragically it's a while before I get any more.

My regular monthly investment happened as I took my first position in BHP:BHP Group, buying 12 shares at 2000.673p costing £241.58.

As with the ISA, I used all spare cash and dividends to buy 5,979 shares in JLP:Jubilee Metals at 3.345p costing £205.

Given it was such a dreadful week, it was nice to see potential profits only dropping by £37, and there were enough dividends to push long term performance up by 9p a month.

Ah well, it was nice to dream for a week.

Back below the trend line here too.

This is much more encouraging, as I've sold a reasonable amount for profit and had lots of dividends, so over the last 12 months the average profit has gone up by about £10 a month. Not too bad considering it's based on a 9-year average.

It's nice to remind myself that over an almost 10 year period I've been making around £550 a month from sales and dividends. It's just a shame that's been wiped out by the drop in portfolio value.

Let's see if things get even worse next week. Surely the JLP:Jubilee Metals seller have to run out soon? Given the strange state of affairs with JLP, when my pension transfer comes through I'll be putting all £2,000 in JLP with the aim of doubling it when the selling stops so I can get more magic formula shares. It will mean my SIPP will have JLP costing £12,000, all of which I plan to sell so I'm left with my ISA holding that cost £21,000. I'll still sell the ones that were originally in my trading account though.

Week 491 Review - A good start to 2025.

A good start to 2025, with more shares gaining than losing. The deficit between cost and value narrowed by £3,916 to £123,415 and deficit between injection amount and value reduced to £51,488. Total portfolio value increased to £113,524.

Worst performer was FXPO:Ferrexpo which dropped 7%. This is moving wildly every week.

IHP:Integrafin dropped 5% which is handy because I want to buy some more when my pension transfer comes through. Given results were good, I don't understand the recent fall.

JLP:Jubilee Metals is an absolute nightmare, with several large institutional investors offloading millions of shares. They are all being mopped up, but it means the fall in price is relentless and I have a whole load bought at what I considered bargain prices that I really need to sell. Fortunately I did sell the ones where I borrowed the money to buy them by selling CAML:Central Asia Metals and made a profit on them as well as buying back CAML at a lower price, but the 5% drop in JLP this week takes it to the lowest price for over a year.

ATYM:Atalaya Mining went up 5% this week but is still 17% down.

AFC:AFC Energy has had 2 good weeks in a row and went up 6% this week, but is still 44% down.

CORE:Solidcore Resources climbed 9% but is still 84% down and I can't sell them until they re-list in the UK.

OPTI:Optibiotix went up 9% which was a significant contribution to this week's gains.

TLOU:Tlou Energy rose 15% but only because they de-listed from AIM and I'm now calculating the share price by converting Australian dollars.

Share of the Week is PBX:Probiotix Health, which went up 18% and will hopefully keep going, but I won't hold my breath is it's still 68% down.

Here's the ISA and shares portfolio after week 23 of year 10.

			Weekly Change
Cash	£102.64		-£3.44
Portfolio cost	£112,093.83		+£0
Portfolio sell value (bid price-commission)	£46,103.21	(-58.9%)	+£1,870.71
Potential profits	£0		+£0
Yr 10 Dividends	£109.18		+£0
Yr 10 Interest	£0.75		+£0.31
Yr 10 Profit from sales	£243.66		+£0
Yr 10 proj avg monthly profit	£58.06	(0.8%)	-£3.32
Total Dividends	£12,331.67		+£0
Total Interest	£7.55		+£0.31
Total Profit from sales	£18,121.50		+£0
Average monthly cash profit	£264.30	(3.8%)	-£0.57
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	36%		+0%

Cash down by monthly fees minus a small amount of interest, and good £1,870 increase in value. Potential profits are still zero.

Hope this week isn't a blip.

Above the trend line, which is the main objective. It's staying there that's proving tricky.

The SIPP looks like this after week 475 overall and week 7 of year 10.

			Weekly Change
Cash	£484.06		+£296.75
Portfolio cost	£122,037.84		+£0
Portfolio sell value (bid price - commission)	£65,743.10	(-46.1%)	+£2,096.66
Potential profits	£3,587.67		+£137.58
Yr 10 Dividends	£211.57		+£0
Yr 10 Interest	£1.08		+£0.91
Yr 10 Profit from sales	£1,906.90		+£0
Yr 10 proj avg monthly profit	£1.288.01	(19.4%)	-£226.05
Total Dividends	£16,328.22		+£0
Total Interest	£13.98		+£0.91
Total Profit from sales	£18,914.84		+£0
Average monthly cash profit	£308.69	(4.6%)	-£0.79
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	42%		+0%

Cash went up thanks to injecting £250 monthly savings which will be spent on BHP:BHP Group next week, which is at a 3-year low but near the top of my magic formula ranking. I also got a tax rebate but had to take off monthly fees. Potential profits went up £137 thanks to small increases in most of my profitable shares.

I wish I could at least get back past the injection line.

Just about touching the trend line.

The trading account looks like this after week 441 overall and week 25 of year 9.

			Weekly Change
Cash	£70.88		+£0
Portfolio cost	£2,150.27		+£0
Portfolio sell value (bid price - commission)	£1,020.34	(-52.5%)	-£50.51
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	£14.54	(+8.1%)	-£0.61
Dividends	£85.46		+£0
Interest	£0.03		+£0
Profit from sales	-£518.66		+£0
Average monthly cash profit	-£4.26	(-2.4%)	+£0.01
(Sold stocks profit + Dividends - Fees / Months)

The only tradable share in this account is now JLP:Jubilee Metals, which dropped again and the account is now 52% down. The whole thing has been a disaster, and I couldn't really be bothered with it any more. I'm a rubbish trader and I'm not using this account the way it should be, mainly because I just can't do it.

With that in mind, I'm giving it up. 

It's cost me £4 a month to learn I can't do it.

I'll figure out a way to move the shares into my main share and ISA accounts and also all the previous transactions. I don't know what impact it will have on my ISA spreadsheet, as I ought to incorporate the performance, but need to do it without messing up the year 10 figures. I'll look for any trades that fall within year 10 and include them, but just put the rest into the long term figures. It will reduce my performance by £518, but also add a load of JLP:Jubilee Metals shares which will hopefully be sold sometime soon.

Here's the final sorry tale of failure.

Absolutely rubbish!

At least writing this will be quicker with one less set of charts to cover.