The deficit between cost and value narrowed by £5,904 to £123,379 and deficit between injection amount and value reduced to £51,375. Total portfolio value increased to £113,637.
AFC:AFC Energy had recovered a little, but dropped 6% this week to go 49% down.
AFC:AFC Energy had recovered a little, but dropped 6% this week to go 49% down.
FDM:FDM Group inexplicably dropped 6% too. I don't know why, as their fundamentals are sound. I can only assume the market thinks AI will remove all their jobs. This has dropped 19% in just a few weeks since I invested.
I have to mention BLU:Blue Star Capital, as although my holding is still down by 96% so I wouldn't normally bother reporting on them, they went up 300% this week after the owner of SatoshiPay bought a load of shares. It made no difference to my holding, and this is still a complete basket case.
AAL:Anglo American Mining went up 5% and is now 2% in profit. I'm a little torn as to what to do with them, as they are ranked 269th on my magic formula ranking, so in theory I should get rid of them now they are in profit. However, they are selling off chunks of the business in prep for being taken over, which I think could yield quite a bit of reward, so I'll hang on to them.
FOUR:4imprint have been rubbish since I finished accumulating as my monthly saving, but this week went up 6% and are now only 6% down, so hopefully things have settled down and these will get into profit.
WHR:Warehouse REIT has been a disaster of a magic formula share, and is ranked 225th now, so is another one I should sell. They went up 6% this week but are still 28% down. It's only 19% down if you include the dividend, and it's in my dealing account, so the plan is to sell and take out the cash to put back in premium bonds, but probably when the dividends balance out the loss, or they get into profit.
IGG:IG Group went up 7% this week and are now 28% up, or 45% if you include their wonderful dividend. I did sell 25% of my holding a while back but will keep the rest. They are 31st in my magic formula ranking and I only sell once they drop out of the top 50.
POLR:Polar Capital went up 7% this week, so are only 7% down, or 4% if you include dividends. These are ranked 4 in my magic formula so I should still be accumulating.
SBTX:SkinBioTherapeutics has been drifting lately, but rebounded 8% this week for no clear reason. I think it will be at least April before the long awaited re-rate happens.
TRY:TR Property Investment recovered all its recent losses and bounced back by 8% this week, so is now only 2% down. They are 7 in my magic formula which is why I bought them recently.
AJB:AJ Bell has had a few odd weeks, but recovered by 10% this week and is now 48% up. They are ranked 8 in my magic formula so will continue to hold.
PSN:Persimmon climbed a massive 12% after a great trading statement, but they are still 17% down after being in profit not that long ago. They are 41 in my magic formula ranking, so still in the top 50 but only just.
IHP:Integrafin went up a massive 14% this week after a very strong trading update. It's rather annoying because I was planning to put half my pension transfer here, but L&G have been dragging their heels again and have now taken a month with no sign of anything happening. My holding is only down by 4% now, but I'll probably still buy some more as they are ranked 3 in the magic formula.
FXPO:Ferrexpo have been a trader's dream recently, with wild swings up and down. This week they went up 18% but are still 77% down in my holding. They are 270th in my magic formula, but that was due to reducing output by over 50% since the Russian invasion of Ukraine, and they've stopped the dividend. The fact they are still operating is a huge relief, but I'm trapped with them until something happens for better or for worse.
Share of the Week by a mile was my 2nd largest holding JLP:Jubilee Metals, which soared 30% and made me very happy I bought some last week. One of my SIPP holdings is even in profit. Let's hope the rise continues and I can sell some from my SIPP. The ex-trading shares have now been absorbed into my ISA and I'm planning to keep them.
Here's the ISA and shares portfolio after week 25 of year 10.
| Weekly Change | |||
| Cash | £64.18 | -£4.36 | |
| Portfolio cost | £114,352.47 | +£0 | |
| Portfolio sell value (bid price-commission) | £47,792.44 | (-58.2%) | +£3,626.01 |
| Potential profits | £0 | +£0 | |
| Yr 10 Dividends | £109.18 | +£0 | |
| Yr 10 Interest | £0.82 | +£0.04 | |
| Yr 10 Profit from sales | £327.55 | +£0 | |
| Yr 10 proj avg monthly profit | £67.20 | (0.9%) | -£3.59 |
| Total Dividends | £12,417.13 | +£0 | |
| Total Interest | £7.62 | +£0.04 | |
| Total Profit from sales | £17,602.85 | +£0 | |
| Average monthly cash profit | £259.38 | (3.7%) | -£0.57 |
| (Sold stocks profit + Dividends - Fees / Months) | |||
| Compound performance | 35% | +0% |
Not a lot happened apart from AJ Bell fees, a tiny amount of interest, and a big £3,626 rise in value. If I'd not absorbed my JLP:Jubilee Metals trading shares in with the others then one holding would have been in profit. However I want to keep them until the inevitable buy-out.
Back to where we were 2 weeks ago.
Back above the trend line
I won't comment on this one unless something changes.
The SIPP looks like this after week 477 overall and week 9 of year 10.
| Weekly Change | ||||
| Cash | £116.17 | -£2.68 | ||
| Portfolio cost | £122,484.42 | +£0 | ||
| Portfolio sell value (bid price - commission) | £65,664.78 | (-46.4%) | +£2,278.58 | |
| Potential profits | £4,098.96 | +£549.16 | ||
| Yr 10 Dividends | £292.94 | +£0 | ||
| Yr 10 Interest | £1.25 | +£0.17 | ||
| Yr 10 Profit from sales | £1,906.90 | +£0 | ||
| Yr 10 proj avg monthly profit | £1.039.68 | (15.6%) | -£151.41 | |
| Total Dividends | £16,409.59 | +£0 | ||
| Total Interest | £14.15 | +£0.17 | ||
| Total Profit from sales | £18,914.84 | +£0 | ||
| Average monthly cash profit | £308.11 | (4.6%) | +£0.67 | |
| (Sold stocks profit + Dividends - Fees / Months) | ||||
| Compound performance | 42% | +0% |
As with the ISA, AJ Bell fees and a small amount of interest. Portfolio value went up less as I have less JLP:Jubilee Metals, and potential profits went up by £549 helped by AAL:Anglo American Mining, BHP:BHP Group and JLP:Jubilee Metals all moving from loss to profit.
Same as ISA
Touching the trend line rather than above it
It's a relief January is back to being in the black, but there's a long way to go before I can say my portfolio is anything other than a disaster. So much of it is invested in OPTI:Optibiotix (48.5%) and JLP:Jubilee Metals (15.6%), both of which have slumped. I also have 8.8% in PBX:Probiotix Health which is down 70%. So although many of my companies are doing really well, if these three don't sort themselves out, then the whole portfolio is in a mess.
I should have listened to the advice of every book to diversify and avoid having more than 10% of my holding on one company. I am making moves towards that, with the aim of selling 4.4% worth of JLP:Jubilee Metals in my SIPP so my ISA holding will be 11.2% of my portfolio.
With OPTI:Optibiotix I plan to sell 4.1% of my holding by getting rid of my cheaper SIPP shares, but that does still leave me with 20.3% in the SIPP. I should really sell those too, but the average price is 60.5p, so if OPTI ever gets back to that, then it would suggest something amazing is going on and I may want to hang onto them for a bit.
The SIPP PBX:Probiotix Health shares make up 4.5% of my portfolio and I'll flog those as soon as they get into profit, which isn't looking terribly likely. It's more likely the company will get sold off for less than I paid for them (although it was a virtual payment seeing I was given them as an OPTI dividend).
Fingers crossed that we don't lose all this next week.
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