Surprisingly, the worst performer was SCT:Softcat dropping 10%. I really don't understand why. They have had a few good weeks and so remain in profit, but are now only 4% up.
PAF:Pan African Resources dropped 9% despite the price of gold only dropping a couple of percent. Maybe a chunk of people are taking profits having decided gold will at best stagnate. I don't mind too much, as my holding is still 55% up, and the most I've paid is still 10p below where they are now. I plan to hold them long term.
PBX:Probiotix Health fell 8% and has dropped a long way for 2 weeks in a row. As one of my biggest holdings, this significantly contributed to the losses.
TLOU:Tlou Energy also fell again for the 2nd week in a row, dropping another 7% to go 51% down.
SAE:Simec Atlantis Energy dropped 5% to go 74% down.
IES:Invinity Energy climbed another 12% but that only shifts them from 88% down to 87%.
Similarly, BLU:Blue Star Capital went up 29% so unfortunately I have to start reporting on them again as they are now 86% down. They are still an utterly hopeless case and doomed in the long term.
AJB:AJ Bell, APAX:Apax Global Alpha, and FOUR:4imprint all went up 5% for no obvious reason.
Similarly IHP:Integrafin and RNWH:Renew Holdings went up 6%.
ALPH:Alpha Group went up 7% as we get closer to the cut-off date for finding out if they are going to be bought out.
Share of the Week is PAGE:Pagegroup which got back the 10% they dropped last week. Dunno what was going on there, but they are still 47% down so no sign of getting profitable. They are 49 in my magic formula ranking, so I will be holding them at least until I update my rankings next.
Here's the ISA and shares portfolio after week 48 of year 10.
Weekly Change | |||
Cash | £76.70 | -£29.29 | |
Portfolio cost | £115,378.07 | +£2,024.89 | |
Portfolio sell value (bid price-commission) | £39,273.87 | (-66.0%) | -£820.35 |
Potential profits | £0 | +£0 | |
Yr 10 Dividends | £180.12 | +£0 | |
Yr 10 Interest | £1.13 | +£0.02 | |
Yr 10 Profit from sales | £284.97 | +£0 | |
Yr 10 proj avg monthly profit | £33.93 | (0.5%) | -£1.12 |
Total Dividends | £12,488.07 | +£0 | |
Total Interest | £7.93 | +£0.02 | |
Total Profit from sales | £17,560.27 | +£0 | |
Average monthly cash profit | £247.72 | (3.4%) | -£0.52 |
(Sold stocks profit + Dividends - Fees / Months) | |||
Compound performance | 34% | -1% |
I had a massive MOT bill along with holiday expenses from 2 weeks ago, so decided to get a 0% interest balance transfer, and figured while I'm at it I may as well add another £2,000 to my ISA. I've been frustrated at not being able to sell anything to enable me to buy some of the interesting new AIM shares I've discovered.
The first purchase was just another chunk of JLP:Jubilee Metals. If I'm selling my SIPP shares then I want more in my ISA to hold for the long term, and I'm really, really hoping they have reached their bottom price now. I bought 28,794 at 3.525p costing £1,019.99.
My other purchase was BOKU:Boku which came close to the top of my AIM magic formula ranking. There were a couple of others higher but they have had big price increases recently and look quite expensive. Although BOKU have had a big rise in the last 2 months, and have a P/E ratio of 60, their share price is only at the level it was 4 years ago and they appear to be undergoing rapid growth. I bought 495 shares at 202p costing £1,004.90. They are a payment provider, for which there is much demand.
Big £820 drop in value was frustrating, but less than last week.
Misleading tick up due to injection of £2,000.
Reality bites - further below the trend line.
I had some dividends and tax rebates, so added 40 shares in POLR:Polar Capital to my AJ Bell account. They cost 429p a share, with a total of £176.60. I don't mind buying less that £500 in my AJ Bell account, as the dealing charge is only £5.
My other purchase was BOKU:Boku which came close to the top of my AIM magic formula ranking. There were a couple of others higher but they have had big price increases recently and look quite expensive. Although BOKU have had a big rise in the last 2 months, and have a P/E ratio of 60, their share price is only at the level it was 4 years ago and they appear to be undergoing rapid growth. I bought 495 shares at 202p costing £1,004.90. They are a payment provider, for which there is much demand.
Big £820 drop in value was frustrating, but less than last week.
Misleading tick up due to injection of £2,000.
Reality bites - further below the trend line.
The SIPP looks like this after week 500 overall and week 32 of year 10.
Weekly Change | ||||
Cash | £155.87 | -£22.83 | ||
Portfolio cost | £130,996.93 | +£176.60 | ||
Portfolio sell value (bid price - commission) | £67,770.18 | (-48.3%) | -£394.61 | |
Potential profits | £5,878.43 | -£241.47 | ||
Yr 10 Dividends | £1,150.08 | +£81.93 | ||
Yr 10 Interest | £2.35 | +£0.12 | ||
Yr 10 Profit from sales | £2,764.16 | +£0 | ||
Yr 10 proj avg monthly profit | £511.39 | (7.1%) | -£5.48 | |
Total Dividends | £17,266.73 | +£81.93 | ||
Total Interest | £15.25 | +£0.12 | ||
Total Profit from sales | £19,772.10 | +£0 | ||
Average monthly cash profit | £307.95 | (4.3%) | +£0.07 | |
(Sold stocks profit + Dividends - Fees / Months) | ||||
Compound performance | 41% | +0 |
I had some dividends and tax rebates, so added 40 shares in POLR:Polar Capital to my AJ Bell account. They cost 429p a share, with a total of £176.60. I don't mind buying less that £500 in my AJ Bell account, as the dealing charge is only £5.
Portfolio value only dropped by £394 thanks to increases in magic formula shares. Potential profits took a hit of £241 mostly from the drop in PAF:Pan African Resources. I also had £81 dividends made up by £14 from AJB:AJ Bell, £42 from FDM:FDM Group and £24 from PAGE:Pagegroup. That allowed my long term performance to tick up by 7p a month. It could be if I get enough dividends, then my performance will rise without me needing to sell anything.
Still sliding.
At least this one is only just below the trend line
I've requested a £2,500 pension transfer which probably won't appear for a few weeks, but I'm starting to plan what to buy. I'm very tempted to add more CAML:Central Asia Metals, but if PAF:Pan African Resources slips any more, then I may buy some more of those. I think I'm likely to buy existing shares rather then new companies this time. There is however BRK:Brooks Macdonald that I've been watching. They had been on a relentless slide but have been increasing for the last 2 months so it may be safe to buy them now. We shall see...