Worst performer was one of the worst performances ever, with TRX:Tissue Regenix losing 50% of their value following interim results. Normally you expect a drop on poor results, but not 50%, as they weren't that poor. I suspect epic amounts of shorting has made things worse. I'm not enough of a gambler to buy any though. I can only hope they make enough to stay afloat as I'm 94% down. A cheap buy-out would leave me with around £3k of loss. The only good news is that now they are down over 90% I don't have to report on price movements any more.
IES:Invinity Energy fell 11% after their results, which was a surprise because
they weren't bad. That took my holding to 88% down, and does make me ponder -
for only £300 I could more than half my average cost per share. That might be
worth the risk if I believe they are not going out of business. I may do that
on Monday.
PBX:Probiotix Health drifted down another 8% on no news to go 71% down.
ARBB:Arbuthnot Banking fell 5% for no reason whatsoever.
SBTX:SkinBioTherapeutics fell 5% for the same reason as PBX - absolutely no
news for ages and investors getting bored.
AMP:Ampeak Energy, ASHM:Ashmore Group, FDM:FDM Group, FSV:Fidelity Special
Values and PAF:Pan African Resources all went up 5% this week. That was
enough to take FSV into profit by 4% and enough to take PAF to 196% up, just
4% short of a 2-bagger.
IHP:Integrafin went up 6% which was enough to take them back into profit by
2%.
FOUR:4imprint rose 7% but are still 25% down. I have added them to my
monthly investment list to get a few more at this discount price.
KNOS:Kainos Group went up 7% and that was enough to take them 5% into profit
in a week when SIPP magic formula shares going into profit was a bit of a
theme.
JLP:Jubilee Metals climbed 8% and I desperately hope this is the start of a
gradual increase, as I have rather a lot in my SIPP I want to dispose of so
I can buy more dividend-paying shares.
GSK:GSK went up 9% and are only 1% down. At one point they were in profit
and I almost sold, but given I've not had much dividend from them, I'll hang
on a bit longer in the hope of a better profit. They are certainly way down
my magic formula ranking so I shouldn't be keeping them.
TLOU:Tlou Energy went up 11%, but that's just part of their usual wild
swings.
POLR:Polar Capital have soared recently, and are up 14% this week. That
takes one of my holdings to 6% in profit and the other to 9%. Given this
also pays a 10% dividend I'm very happy I recently doubled my holding.
RNWH:Renew Holdings also went up 14% this week after a very positive end of
year trading update, and are now 11% in profit.
Share of the Week was last week's biggest faller and the week before's Share
of the Week, CWR:Ceres Power. They went up an absolutely massive 47% this
week, so my holding is now only 14% down. I may get back to break even at
this rate. I wish some of my other foundering shares could do the same
thing.
Here's the ISA and shares portfolio after week 10 of year 11.
| Weekly Change | |||
| Cash | £1,110.30 | +£1,037.22 |
|
| Portfolio cost | £114,878.95 | -£999.12 | |
|
Portfolio sell value (bid price-commission) |
£38,188.59 | (-66.8%) | +£1,242.21 |
| Potential profits | £128.60 | +£0 | |
| Yr 11 Dividends | £0 | +£0 | |
| Yr 11 Interest | £0.02 | +£0 | |
| Yr 11 Profit from sales | -£61.90 | -£61.90 | |
| Yr 11 proj avg monthly profit | -£33.74 | (-0.5%) | -£26.05 |
| Total Dividends | £12,488.07 | +£0 | |
| Total Interest | £8.57 | +£0 | |
| Total Profit from sales | £17,498.37 | -£61.90 | |
| Average monthly cash profit | £240.48 | (3.3%) | -£0.96 |
|
(Sold stocks profit + Dividends - Fees / Months) |
The loss didn't have much impact on long term performance, and portfolio
value went up by £1,242, not including the £937 I removed from it.
The chart is smaller this week, as I created it on my laptop so the usual size is too big to fit. A nice tick up but a vast gulf between value and injection line.
At least we're touching the trend line now.
You can't notice the loss dropping things much faster.
My £250 regular saving was added to cash, as was my £6 dividend from GAW:Games Workshop. Potential profits went up a massive £975 with lots of companies contributing, as 13 of my SIPP holdings are in profit and 2 within 1% of being profitable. That's the most I've ever had, and suggests the magic formula may be working.
That's not a very big gap between value and injection. I dream of crossing that line one day.
Just above the trend line - huzzah!
Still above the trend line.
An excellent week, and it feels like a long time since I've had two positive weeks in a row. The big question is how long will it last?
I'm expecting my pension transfer to come in early next week, which will give me another £2,200. As it's in my HL account I probably won't put it aside for regular monthly saving like I do with my AJ Bell account, so I need to work out what to buy. I think half of it will be RIO:Rio Tinto as they are 25th in my magic formula ranking and have exposure to copper which I'm hoping will continue to rise in price. The other half will probably go on JHD:James Halstead as it's 11th in my ranking and pays a 6% dividend. They spiked up after the results but have dropped again. I think they are going to be a low growth company as 5-year earnings per share growth is only 1.87%, but they have 19% ROI and only 3.4% debt to equity and earn enough each year to easily pay the dividend.
The chart is smaller this week, as I created it on my laptop so the usual size is too big to fit. A nice tick up but a vast gulf between value and injection line.
At least we're touching the trend line now.
You can't notice the loss dropping things much faster.
The SIPP looks like this after week 514 overall and week 46 of year 10.
| Weekly Change | ||||
| Cash | £1,898.75 | +£256.05 |
||
| Portfolio cost | £137,470.05 | +£0 | ||
|
Portfolio sell value (bid price - commission) |
£75,008.19 | (-45.4%) | +£1,852.55 | |
| Potential profits | £7,775.80 | +£975.60 | ||
| Yr 10 Dividends | £1,664.29 | +£6.05 | ||
| Yr 10 Interest | £4.00 | +£0 | ||
| Yr 10 Profit from sales | £6,948.31 | +£0 | ||
| Yr 10 proj avg monthly profit | £792.86 | (10.6%) | -£17.04 | |
| Total Dividends | £17,780.94 | +£6.05 | ||
| Total Interest | £16.90 | +£0 | ||
| Total Profit from sales | £23,956.25 | +£0 | ||
| Average monthly cash profit | £338.68 | (4.5%) | -£0.61 |
My £250 regular saving was added to cash, as was my £6 dividend from GAW:Games Workshop. Potential profits went up a massive £975 with lots of companies contributing, as 13 of my SIPP holdings are in profit and 2 within 1% of being profitable. That's the most I've ever had, and suggests the magic formula may be working.
That's not a very big gap between value and injection. I dream of crossing that line one day.
Just above the trend line - huzzah!
Still above the trend line.
An excellent week, and it feels like a long time since I've had two positive weeks in a row. The big question is how long will it last?
I'm expecting my pension transfer to come in early next week, which will give me another £2,200. As it's in my HL account I probably won't put it aside for regular monthly saving like I do with my AJ Bell account, so I need to work out what to buy. I think half of it will be RIO:Rio Tinto as they are 25th in my magic formula ranking and have exposure to copper which I'm hoping will continue to rise in price. The other half will probably go on JHD:James Halstead as it's 11th in my ranking and pays a 6% dividend. They spiked up after the results but have dropped again. I think they are going to be a low growth company as 5-year earnings per share growth is only 1.87%, but they have 19% ROI and only 3.4% debt to equity and earn enough each year to easily pay the dividend.
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