Week 512 Review - Optibiotix and Jubilee Metals continue to drag me down.

The week started off OK, but then JLP:Jubilee Metals released what I thought was good news confirming copper grade rates, but it tanked the share price, and OPTI:Optibiotix dropped too, so it ended up a miserable week with the deficit between cost and value growing by £2,835 to £131,068 and between injection and value growing to £57,461. Total portfolio value dropped to £113,751.

Biggest loser was my 2nd largest holding JLP:Jubilee Metals, which dropped 12% and I really don't understand why. There was nothing negative in the update - just what we expected. It's taking a hell of a long time for the market to recognise this.

FXPO:Ferrexpo tanked by 10% but tragically at 89% down, I still have to report on it for another week.

AFC:AFC Energy gave up some of the recent gains and dropped 7%. They are 51% down, which isn't bad given where they have been.

I'd already written the intro before going through the performances of each share. To my surprise, this was a much better week than I thought for most of the portfolio.

CAML:Central Asia Metals, FOUR:4imprint and TRY:TR Property Investment all went up 5%.

ALPH:Alpha Group, ASHM:Ashmore Group, GSK:GSK and TLOU:Tlou Energy all went up 6%.

ATYM:Atalaya Mining went up 7% and are only 1% down.

CWR:Ceres Power did the opposite to AFC:AFC Energy and went up 13%.

Share of the Week is PBX:Probiotix Health which went up 15% after decent results.

Here's the ISA and shares portfolio after week 44 of year 11.

			Weekly Change
Cash	£153.02		+£0
Portfolio cost	£114,352.47		+£0
Portfolio sell value (bid price-commission)	£42,902.28	(-62.5%)	-£1,807.06
Potential profits	£0		+£0
Yr 10 Dividends	£180.12		+£0
Yr 10 Interest	£1.11		+£0
Yr 10 Profit from sales	£327.55		+£0
Yr 10 proj avg monthly profit	£42.01	(0.6%)	-£0.97
Total Dividends	£12,488.07		+£0
Total Interest	£7.91		+£0
Total Profit from sales	£17,602.85		+£0
Average monthly cash profit	£250.09	(3.5%)	-£0.49
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	35%		+0%

Very little happened apart from the huge drop in value.

Almost back down to worst ever.

Touching the trend line and very close to biggest ever losses.

The SIPP looks like this after week 496 overall and week 28 of year 10.

			Weekly Change
Cash	£601.95		+£65.73
Portfolio cost	£129,712.16		+£0
Portfolio sell value (bid price - commission)	£70,094.07	(-46.0%)	-£1,028.68
Potential profits	£5,873.70		-£500.17
Yr 10 Dividends	£1,004.75		+£65.73
Yr 10 Interest	£2.23		+£0
Yr 10 Profit from sales	£2,375.87		+£0
Yr 10 proj avg monthly profit	£504.93	(7.0%)	-£8.15
Total Dividends	£17,121.40		+£65.73
Total Interest	£15.13		+£0
Total Profit from sales	£19,383.81		+£0
Average monthly cash profit	£305.94	(4.3%)	-£0.05
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	41%		+0%

I got £27 dividend from ARBB:Arbuthnot Banking, £12 from BPM:BP Marsh, and £25 from UKW:Greencoat UK Wind. Potential profits dropped £500 and value didn't drop as much as the ISA, but it was more than £1,000.

I keep adding more money and it just won't go up.

As with the ISA, touching the trend line and still heading downwards on a very long slow decline.

I've got a holiday to pay for so will be removing cash from my account for the first time in ages, and of course selling for a loss because nothing in the ISA or dealing account is in the black.

I'm just treading water until something happens for JLP:Jubilee Metals. Everything else is either massively in loss or a long-term holding. I need JLP to do something to help me break out of this interminable decline.