Week 558 Review - Good for the SIPP, less so for the ISA.

A pretty good week in general. I got back some more of the Iran war losses, but still a long way to go. The deficit between cost and value improved by £2,140 to £146,121 and the deficit between injection and value dropped to £55,529. Total portfolio value climbed to £129,359.

The biggest loser was IES:Invinity Energy, which dropped 8% after a recent rally. No obvious reason.

FNX:Fonix was the only other share with a big drop, falling 6%. I suspect it was profit taking after a big rise last week.

AMRQ:Amaroq, FOUR:4imprint, GAW:Games Workshop, JHD:James Halstead and PAF:Pan African Resources all went up 5%. I remember the days when I only had to report on a few shares a week making 5% or more moves. It seems to be half my portfolio every week these days!

ESTC:Eurpoean Smaller Companies Trust, FSG:Foresight Group Holdings, IHP:Integrafin and W7L:Warpaint London all went up 7%. There was no reason for any of these rises, other than a big surge on Friday when the Straight of Hormuz was declared open. Shame that was bollocks, as we'll no doubt lose all these recoveries on Monday.

III:3i Group went up 8%. I've stopped buying them in my monthly investment now, so happy for them to keep climbing. My holding is only 5% down thanks to buying once a month including when they dropped significantly.

FDM:FDM Group went up 9% but my holding is still 68% down so it's going to take a while.

MGNS:Morgan Sindall Group and RSW:Renishaw both went up 10%. MGNS had an excuse, announcing profit was ahead of expectations, but RSW had no reason.

POLR:Polar Capital and SCT:Softcat both went up 11%.

IPX:Impax Asset Management went up 12% but my original holding is still down by 74%.

KNOS:Kainos Group went up a massive 17% and are only 3% in the red.

MSI:MS International went up an even more impressive 18% and my holding is 15% in profit. Quite a surprise if people thought hostilities were coming to an end.

Share of the Week is AFC:AFC Energy which went up a huge 19% and my holding is now only 11% down. I think it's on the back of good news at ITM:ITM Power, but it won't be sustained unless there is also good news for AFC.

Here's the ISA and shares portfolio after week 38 of year 11.

			Weekly Change
Cash	£124.57		+£0.25
Portfolio cost	£116,490.29		+£0
Portfolio sell value (bid price-commission)	£33,443.34	(-71.3%)	-£107.96
Potential profits	£362.08		+£65.96
Yr 11 Dividends	£86.83		+£0
Yr 11 Interest	£1.40		+£0.25
Yr 11 Profit from sales	£873.14		+£0
Yr 11 proj avg monthly profit	£101.99	(1.4%)	-£2.73
Total Dividends	£12,574.90		+£0
Total Interest	£9.97		+£0.25
Total Profit from sales	£18,433.41		+£0
Average monthly cash profit	£235.97	(3.3%)	-£0.42
(Sold stocks profit + Dividends - Fees / Months)

I had 25p interest. The drop in JLP:Jubilee Metals wiped out any other gains, so despite potential profits increasing by £65, the portfolio value dropped by £107.

Not much of a recovery

Bang on the trend line and following it down.

The SIPP looks like this after week 542 overall and week 22 of year 11.

			Weekly Change
Cash	£848.02		+£158.84
Portfolio cost	£158,018.70		+£276.96
Portfolio sell value (bid price - commission)	£94,944.02	(-39.9%)	+£2,248.66
Potential profits	£15,288.88		+£1,082.54
Yr 11 Dividends	£928.19		+£173.25
Yr 11 Interest	£11.94		+£5.62
Yr 11 Profit from sales	£8,333.50		+£257.03
Yr 11 proj avg monthly profit	£1,808.00	(22.1%)	+£3.85
Total Dividends	£19,148.39		+£173.25
Total Interest	£32.64		+£5.62
Total Profit from sales	£33,000.01		+£257.03
Average monthly cash profit	£403.47	(4.9%)	+£2.74

A great week for portfolio value, and £1,082 was increased potential profit. I also had a £67 dividend from EDV:Endeavour Mining and £105 from RIO:Rio Tinto. Having a load of cash in the SIPP also earned £5 interest.

I decided I wanted some more AMRQ:Amaroq shares before they move to the main market, so I sold 14 shares in RIO:Rio Tinto at 7347.19p and made £257.03 (33.3%) profit. I used the proceeds to buy 1,080 shares in AMRQ at 95.8p costing £1,041.59. That takes my SIPP holding to 3,107 shares at a weighted average of 101.6p costing £3,173. They are only down by commission. When they move to the main market they will become a FTSE 250 company, at which point I'll sell my ISA holding and just keep the ones in the SIPP.

Almost back to the injection line.

Back above the trend line so hopefully we can start to flatten it out.

This week's profits delayed hitting the trend line by one more week.

I'm writing this on Sunday and it's clear the optimism on Friday was mis-placed, as there is no oil moving on The Gulf. I'm expecting everything to tank again on Monday. 

Week 557 Review - About a quarter of recent losses clawed back.

A pretty great week across most of the portfolio, with the deficit between cost and value improving by £5,805 to £148,264 and the deficit between injection and value narrowing to £58,105. My total portfolio value increased to £126,783. I have however recovered less than half the losses caused by the war with Iran.

The biggest faller was IPX:Impax Asset Management which announced an 8% drop in assets under management, then promptly dropped 22% in value. Every bit of news seems to result in a dramatic drop. The same happened when they lost the St James' Place contract, with the price drop far greater than the percentage of assets lost. They pay a great dividend, so I'll continue getting that and hope sentiment improves. My holdings are down 51% and 77% and losing £2,166.

N91:Ninety One dropped 8% after an analyst downgrade, which usually means they have an order to fill and want the price to fall. My holding is still 12% up.

The final big loser this week was FDM:FDM Group, which slipped another 5% to go 71% down. They have a sound business, so it's just a case of the economy improving enough for people to start hiring IT staff again.

In much better news DXRX:Diaceutics, FOUR:4imprint and MSI:MS International all climbed 5%, largely down to the ceasefire in Iran. That also triggered the following rises.

ATYM:Atalya Mining, ESTC:Eurpoean Smaller Companies Trust and RSW:Renishaw climbed 6%.

EDV:Endeavour Mining, FSG:Foresight Group Holdings, INVP:Investec, JLP:Jubilee Metals, MGNS:Morgan Sindall Group, PAF:Pan African Resources, THX:Thor Explorations and YU.:Yu Group all climbed 7%.

AMP:Ampeak Energy and GAW:Games Workshop went up 8%. Glad I doubled my investment in GAW while they were low.

TAM:Tatton Asset Management rose 9% and into profit.

IES:Invinity Energy went up 10% for no obvious reason.

FNX:Fonix and W7L:Warpaint London recovered 11% of recent losses.

AFC:AFC Energy went up 12% on no news.

JHD:James Halstead jumped 13% after analysts suggesting the recent drop was over-done. My holdings are just 5% down now.

Share of the Week for the 2nd week in a row was GGP:Greatland Resources, which climbed another 16% to go 106% up and £2,480 in profit. Hopefully I got in early enough for these to do another PAF:Pan African Resources super surge. My initial investment wasn't as big here as with PAF so I won't be top-slicing to the extent I did with PAF, in fact I think I top-sliced too many as the things I moved profits into have stagnated while PAF continued to surge.

Here's the ISA and shares portfolio after week 37 of year 11.

			Weekly Change
Cash	£124.32		-£3.47
Portfolio cost	£116,490.29		+£0
Portfolio sell value (bid price-commission)	£33,551.30	(-71.2%)	+£1,579.28
Potential profits	£296.12		+£146.08
Yr 11 Dividends	£86.83		+£0
Yr 11 Interest	£1.15		+£0
Yr 11 Profit from sales	£873.14		+£0
Yr 11 proj avg monthly profit	£104.72	(1.5%)	-£3.33
Total Dividends	£12,574.90		+£0
Total Interest	£9.72		+£0
Total Profit from sales	£18,433.41		+£0
Average monthly cash profit	£236.39	(3.3%)	-£0.45
(Sold stocks profit + Dividends - Fees / Months)

A decent but not spectacular rise, and both profitable shares went up, so more than doubled potential profits to £296.

This account is at the mercy of JLP:Jubilee Metals and OPTI:Optibiotix so any rise will be very slow unless they can recover.

Back on the trend line which is a small milestone.

The SIPP looks like this after week 541 overall and week 21 of year 11.

			Weekly Change
Cash	£689.18		-£499.92
Portfolio cost	£157,741.74		+£489.64
Portfolio sell value (bid price - commission)	£92,418.40	(-41.4%)	+£4,228.02
Potential profits	£14,206.34		+£2,246.70
Yr 11 Dividends	£754.94		+£4.37
Yr 11 Interest	£6.32		+£0
Yr 11 Profit from sales	£8,076.47		+£0
Yr 11 proj avg monthly profit	£1,804.15	(22.0%)	-£91.97
Total Dividends	£18,975.14		+£4.37
Total Interest	£27.02		+£0
Total Profit from sales	£32,742.98		+£0
Average monthly cash profit	£400.73	(4.9%)	-£0.81

Much more going on here. The recovery in mainstream stocks meant a bigger £4,228 rise in value compared to the ISA, and half of that was increased profits. I'm £4k short of where profits were before the Iran war.

I did my monthly investment, buying 9 shares in III:3i Group at 2561.0587p costing £241.29 and I also bought 115 shares in ESTC:Eurpoean Smaller Companies Trust at 215.4473p costing £250.50. They both snuck up a little after I bought them.

I also received a rather feeble £4 dividend from RSW:Renishaw.

Encouraging that we're not too far from being back at the injection line.

As with the ISA, we're right back on the trend line, but still well below where we were before the war with Iran started.

I reckon next week will be when we meet the trend line, and after that start dragging it flat. It is a great testament to the magic formula that in 12 months I've improved the average monthly profit from sales and dividends by £100 a month based on an average running over 10 years. It should drift until August when I do my 6-monthly magic formula review and sell anything outside the top 50. I still have a slight hope I can sell some non-magic formula shares like JLP:Jubilee Metals before then, but it's not looking too promising at the moment.

Week 556 Review - A good week for many shares despite a big drop on Thursday.

It was looking like a great week until Thursday, when I lost £2k of my weekly gains, but the deficit between cost and value still narrowed by £3,634 to £154,069 and the deficit between injection and value has reduced to £63,899. Portfolio value has increased to £120,989 helped by a new £2.5k injection.

The only big faller this week is JLP:Jubilee Metals, which dropped 6% after uninspiring interims.

ATYM:Atalya Mining, DXRX:Diaceutics, KNOS:Kainos Group and SBTX:SkinBioTherapeutics  all went up 6%, although SBTX was suspended during the week after not having completed their finances while investigating the actions of their recently sacked CEO. Hopefully that will be resolved so they don't plummet when the suspension is lifted.

ASHM:Ashmore Group and FNX:Fonix went up 7%.

EDV:Endeavour Mining and IES:Invinity Energy went up 8%.

RIO:Rio Tinto went up 9%.

THX:Thor Explorations went up 12 % but are still 14% down.

PAF:Pan African Resources recovered 13% and were a major contributor to this week's gains, now up by 385%.

III:3i Group dropped 14% last week after an update on its main holding, Action. I thought the drop was way too much, and was right because they re-gained all 14% this week. Unfortunately my monthly investment is next week.

PBX:Probiotix Health had another great week and is rising steadily after good results. They went up 17% this week, and as one of my biggest holdings were a major contributor.

Share of the Week was GGP:Greatland Resources which went up a massive 27% after announcing a globally significant tungsten deposit on their land. They are now up by 78% and I maybe should have bought more of these than I did.

Here's the ISA and shares portfolio after week 36 of year 11.

			Weekly Change
Cash	£127.79		+£17.47
Portfolio cost	£116,490.29		+£0
Portfolio sell value (bid price-commission)	£31,972.02	(-72.6%)	-£50.40
Potential profits	£150.04		+£23.96
Yr 11 Dividends	£86.83		+£17.47
Yr 11 Interest	£1.15		+£0
Yr 11 Profit from sales	£873.14		+£0
Yr 11 proj avg monthly profit	£108.05	(1.5%)	-£0.92
Total Dividends	£12,574.90		+£17.47
Total Interest	£9.72		+£0
Total Profit from sales	£18,433.41		+£0
Average monthly cash profit	£236.84	(3.3%)	-£0.29
(Sold stocks profit + Dividends - Fees / Months)

A slight drop in value due to the drop in JLP:Jubilee Metals not quite being offset by the increase in PBX:Probiotix Health. A rare ISA dividend of £17 from ASHM:Ashmore Group. Potential profits crept up £23 as AMRQ:Amaroq went back into the black.

Not very encouraging.

Still below the trend line.

The SIPP looks like this after week 540 overall and week 20 of year 11.

			Weekly Change
Cash	£1,189.10		+£266.13
Portfolio cost	£157,252.10		+£2,426.01
Portfolio sell value (bid price - commission)	£87,700.74	(-44.2%)	+£3,685.20
Potential profits	£11,959.64		+£2,652.98
Yr 11 Dividends	£750.57		+£42.14
Yr 11 Interest	£6.32		+£0
Yr 11 Profit from sales	£8,076.47		+£0
Yr 11 proj avg monthly profit	£1,896.12	(23.1%)	-£90.19
Total Dividends	£18,970.77		+£42.14
Total Interest	£27.02		+£0
Total Profit from sales	£32,742.98		+£0
Average monthly cash profit	£401.54	(4.9%)	-£0.40

Cash went up with the injection of monthly savings ready for next week, and I also had a pension transfer of £2,300 so cost went up £2,426. A good week for many of my shares, with value up £3,685 and £2,652 of that is increased potential profits. My £22 dividend arrived from PAF:Pan African Resources and I also got £19 from FNX:Fonix.

My first transfer investment was in TAM:Tatton Asset Management, where I bought 188 shares at 583.75p costing £1,104.40. They dropped 2% by the end of the week.

My other purchase was 178 shares in ATYM:Atalya Mining because the recent drop was way over-done. I paid 738.575p a share after recently paying 1000p in the retail offer. They cost £1,321.61 and reduced my average price to 859p so my shares are 15% down after being well in profit a few weeks ago. The bid price ended the week at 741p so a tiny bit up on my purchase price.

Slowly reversing the recent war-fuelled declines.

Still a way to go to get back to even the levels of 12 months ago.

Not long till the trend line catches up.

Next Friday should see my regular savings trades, with my last purchase of III:3i Group and my 3rd of 5 purchases in ESTC:European Smaller Companies Trust. I'll need to decide what to switch III to next month. Many of my top 30 ranked companies are not available to regular investments, so it will need to be a company I'm already holding. Top options at the moment are BPM:BP Marsh & Partners and FOUR:4imprint.

Week 555 Review - More losses, but a few decent gains result in a positive week.

The gains exceeded the losses this week, so I clawed back £2,674 of the £27k value I lost over the last 3 weeks. The deficit between cost and value now stands at £157,704 and the deficit between injection and value is £67,693. Total portfolio value rose to £114,645.

Worst performer was RDT:Rosslyn Data which announced a discounted placing and dropped 24% to the placing price. I may have been foolish, but participated the minimum amount possible to get my average price down to something that stands a chance of getting my money back. It means my holding is down by 81% instead of 103% now.

III:3i Group gave a reasonable trading update, but not reasonable enough for the market as they dropped 14% to take my holding 26% down. I don't mind as I'm still accumulating each month, so the next batch will be cheaper.

IES:Invinity Energy have been drifting on no news and drifted another 9% this week. Even my recent holding is 29% down and I thought I'd bought those at a low.

OPTI:Optibiotix fell another 9% and are now standing at 5p a share. That's about 90% down. I'm increasingly losing faith in them ever turning around.

FDM:FDM Group fell another 7% and are 68% down.

FNX:Fonix are a very recent purchase, but they dropped 6% to go 23% down.

FSG:Foresight Group Holdings are another recent buy, and dropped 5% to go 20% down.

Now for the good news.

JLP:Jubilee Metals, PAF:Pan African Resources, RIO:Rio Tinto and THX:Thor Explorations all went up 5% after a slight recovery in metals shares.

EDV:Endeavour Mining did better, climbing 8% to go 12% up overall.

PBX:Probiotix Health reversed last week's inexplicable drop and climbed 20%. It may just be down to the dodgy spread from last week being rectified.

SBTX:SkinBioTherapeutics also reversed last week's drop and went up 50%. I'm not sure it deserves Share of the Week though, as it's all a bit of a shit show. I'll give the award to EDV:Endeavour Mining.

Here's the ISA and shares portfolio after week 35 of year 11.

			Weekly Change
Cash	£110.32		+19.00
Portfolio cost	£116,490.29		+£101.00
Portfolio sell value (bid price-commission)	£32,022.42	(-72.5%)	+£1,271.99
Potential profits	£126.08		+£7.56
Yr 11 Dividends	£69.36		+£0
Yr 11 Interest	£1.15		+£0
Yr 11 Profit from sales	£873.14		+£0
Yr 11 proj avg monthly profit	£108.97	(1.5%)	-£3.21
Total Dividends	£12,557.43		+£0
Total Interest	£9.72		+£0
Total Profit from sales	£18,433.41		+£0
Average monthly cash profit	£237.13	(3.3%)	-£0.43
(Sold stocks profit + Dividends - Fees / Months)

I added £120 to my ISA so I could take part in the RDT:Rosslyn Data retail offer. I'm fairly certain they will never make a profit, but I decided it was worth risking £101 at 2p a share to get my average price down from 792p a share to 9p a share. At least there may be an outside chance of getting my money back, whereas I may as well give up waiting for 792p.

Clawed back £1,271 of my recent losses and potential profit went up £7 so still a complete car crash.

Not much of a tick up, but better than continuing down.

Still below the trend line

The SIPP looks like this after week 539 overall and week 19 of year 11.

			Weekly Change
Cash	£922.97		+£23.29
Portfolio cost	£154,826.09		+£99.12
Portfolio sell value (bid price - commission)	£81,589.53	(-47.3%)	+£1,402.56
Potential profits	£9,306.66		+£1,016.78
Yr 11 Dividends	£708.43		+£59.91
Yr 11 Interest	£6.32		+£0
Yr 11 Profit from sales	£8,076.47		+£0
Yr 11 proj avg monthly profit	£1,986.31	(24.9%)	-£95.92
Total Dividends	£18,928.63		+£59.91
Total Interest	£27.02		+£0
Total Profit from sales	£32,742.98		+£0
Average monthly cash profit	£401.94	(5.0%)	-£0.27

I had a tax rebate so bought 78 shares in IPX:Impax Asset Management at 120.668p costing £99.12 to try and get my average price down a bit. I still think these have been battered too much for losing the St James' Place contract as it wasn't that big a percentage of their portfolio.

I had a £9 dividend from GAW:Games Workshop and a £50 special dividend from BPM:BP Marsh & Partners. Potential profits went up almost as much as portfolio value as most of the gains were in my already profitable gold mines.

Again, a very tiny tick up

A long way to go yet.

Might have another 3 weeks or so until the trend line catches us up.

There's still no sign of my dividend from PAF:Pan African Resources, but it looks like the same is happening to most investors, so the transfer to brokers must be delayed for some reason.

My pension transfer has been processed super quick this time, so the money should arrive before Easter. I haven't decided what to invest in yet. The top-ranked share I don't own is FRP:FRP Advisory Group, but they've had a very recent big drop in share price. I can't see any particular reason for it other than the Iran conflict, so I may get some of those.

The next one on the list is BYIT:Bytes Technology Group. Their recent trading update was pretty good. They have double digit growth and £98m cash. The problem is their share price has been falling continuously for 2 years, so I feel I should wait for that trend to turn around.

Next on my list is TAM:Tatton Asset Management. They have been growing steadily for years, but have had a blip over the last few months. I think that could be a good buying opportunity rather than the sign of a down trend developing, so they are a contender.

The alternative would be to invest in something I already hold. The only one I'd be tempted to include is ATYM:Atalya Mining after the recent massive drop in price. I may do that if they stay at the current level.

Week 554 Review - Absolute misery as the drop of 2 weeks ago is exceeded.

It's getting worse. The deficit between cost and value widened by a massive £12,696 this week, having now dropped £27k in the last 3 weeks. Deficit between injection and value widened to £70,490 and total portfolio value dropped to £111,728.

SBTX:SkinBioTherapeutics was the biggest loser, dropping another 40% as the potential fraud enquiry continues. 

PBX:Probiotix Health dropped 23% for absolutely no reason whatsoever.

ATYM:Atalya Mining fell a whopping 18% to go 27% down when in profit a few weeks agio.

GGP:Greatland Resources fell 17% but is still 36% up.

THX:Thor Explorations fell 16% and is now down by 27%.

JLP:Jubilee Metals fell another 15% and most of my holdings are around 75% down.

FDM:FDM Group fell another 13% and is now 66% down.

PAF:Pan African Resources fell 13% but is still 309% up. Maybe I should buy some more!

EDV:Endeavour Mining, MSI:MS International and W7L:Warpaint London all dropped 10%.

PAGE:Pagegroup fell another 9% to go 74% down.

III:3i Group and OPTI:Optibiotix both fell 8%.

AMRQ:Amaroq and KNOS:Kainos Group fell 7%.

IPX:Impax Asset Management, MGNS:Morgan Sindall Group and RIO:Rio Tinto fell 6%.

AFC:AFC Energy and ASHM:Ashmore Group both fell 5%.

Not much to celebrate there!

SCT:Softcat clawed back 5% if its recent losses but is still 23% down.

UKW:Greencoat UK Wind also clawed back 5% of losses and are now 35% down but paying a massive divi.

Share of the Week for the 2nd week in a row is SBRE:Sabre Insurance, which climbed another 6% and is now 5% in profit.

Here's the ISA and shares portfolio after week 34 of year 11.

			Weekly Change
Cash	£91.32		-£4.25
Portfolio cost	£116,389.29		+£0
Portfolio sell value (bid price-commission)	£30,649.43	(-73.7%)	-£5,072.76
Potential profits	£118.52		-£158.44
Yr 11 Dividends	£69.36		+£0
Yr 11 Interest	£1.15		+£0.30
Yr 11 Profit from sales	£873.14		+£0
Yr 11 proj avg monthly profit	£112.18	(1.6%)	-£3.95
Total Dividends	£12,557.43		+£0
Total Interest	£9.72		+£0.30
Total Profit from sales	£18,433.41		+£0
Average monthly cash profit	£237.56	(3.3%)	-£0.46
(Sold stocks profit + Dividends - Fees / Months)

Cash went down due to monthly fees, portfolio value dropped a massive £5,072 and most of my potential profits were wiped out, but good news - I got 30p interest!.

Absolute disaster

Doomed.

Don't care any more.

The SIPP looks like this after week 538 overall and week 18 of year 11.

			Weekly Change
Cash	£899.68		+£77.45
Portfolio cost	£154,726.97		+£0
Portfolio sell value (bid price - commission)	£80,087.85	(-48.2%)	-£7,523.33
Potential profits	£8,289.88		-£2,509.20
Yr 11 Dividends	£648.52		+£81.52
Yr 11 Interest	£6.32		+£0.06
Yr 11 Profit from sales	£8,076.47		+£0
Yr 11 proj avg monthly profit	£2,082.23	(26.1%)	-£102.75
Total Dividends	£18,868.72		+£81.52
Total Interest	£27.02		+£0.06
Total Profit from sales	£32,742.98		+£0
Average monthly cash profit	£402.21	(5.0%)	-£0.12

An even more massive drop in value of £7,523 and £2,509 wiped off potential profits. I did get an £81 dividend from IPX:Impax Asset Management but I was also meant to get a dividend from PAF:Pan African Resources but it hasn't appeared yet.

One lousy week of happiness and now it's a wipe-out.

Just as the trend line was about to change direction, now we're at an all-time low.

I'm not going to be selling anything for a while, so this chart will start to slide and soon dip below the trend line.

Nothing more to say. Too miserable. I don't know why I even bother any more.

Week 553 Review - Another bad week with big losses in my SIPP.

Compared to last week, this week was really good, but it was still utterly horrid. The deficit between cost and value widened by £3,156 to £147,782 and the deficit between injection and value widened to £57,967. Total portfolio value fell to £124,251.

The worst performer was FOUR:4imprint after lackluster results. They fell 11% and are now 16% down.

All the miners were hammered, which was a surprise given gold is still about $5,000 and copper has hardly dropped. AMRQ:Amaroq was worst affected, dropping 10%.

W7L:Warpaint London also dropped 10% and have dropped to a 10% loss.

GGP:Greatland Resources and PAF:Pan African Resources both fell 9%, but at least PAF had the excuse of going ex-divi.

AFC:AFC Energy, ATYM:Atalya Mining, SBTX:SkinBioTherapeutics and THX:Thor Explorations all dropped 7%.

FDM:FDM Group, INVP:Investec and JHD:James Halstead fell 6%.

EDV:Endeavour Mining, N91:Ninety One and PAGE:Pagegroup fell 5%.

CKN:Clarkson are still benefitting from the shipping chaos near Iran and were up another 5% to go 28% in profit.

CORE:Solidcore Resources was a blip in the miners, as they went up 6%.

OPTI:Optibiotix recovered 0.5p which is 9% and helped limit the damage a little.

Share of the Week is SBRE:Sabre Insurance, which zoomed up 14% after excellent results and are now only 2% down.

Here's the ISA and shares portfolio after week 33 of year 11.

			Weekly Change
Cash	£95.56		-£20.35
Portfolio cost	£116,389.29		+£0
Portfolio sell value (bid price-commission)	£35,722.19	(-69.3%)	-£441.62
Potential profits	£276.96		-£178.16
Yr 11 Dividends	£69.36		+£0
Yr 11 Interest	£0.85		+£0
Yr 11 Profit from sales	£873.14		+£0
Yr 11 proj avg monthly profit	£116.13	(1.6%)	-£4.14
Total Dividends	£12,557.43		+£0
Total Interest	£9.42		+£0
Total Profit from sales	£18,433.41		+£0
Average monthly cash profit	£238.02	(3.3%)	-£0.46
(Sold stocks profit + Dividends - Fees / Months)

For some reason my SIPP charges were taken from my dealing account despite there being cash in the SIPP, so cash dropped a bit. I'll need to keep an eye on that to ensure there's always enough cash available for a month's fees.

The portfolio wasn't too badly affected thanks to the rise in OPTI:Optibiotix, but potential profits dropped by over a third.

Not the worst ever, but pretty close.

Back in our familiar place on the trend line.

The SIPP looks like this after week 537 overall and week 17 of year 11.

			Weekly Change
Cash	£822.23		-£217.08
Portfolio cost	£154,726.97		+£489.87
Portfolio sell value (bid price - commission)	£87,611.18	(-43.4%)	-£2,715.35
Potential profits	£10,799.08		-£1,715.09
Yr 11 Dividends	£567.00		+£25.08
Yr 11 Interest	£6.26		+£0
Yr 11 Profit from sales	£8,076.47		+£0
Yr 11 proj avg monthly profit	£2,184.98	(27.4%)	-£134.28
Total Dividends	£18,787.20		+£25.08
Total Interest	£26.96		+£0
Total Profit from sales	£32,742.98		+£0
Average monthly cash profit	£402.33	(5.0%)	-£0.68

I did my monthly investments this week.

First I bought 115 shares in ESTC:European Smaller Companies Trust at 213.75p costing £248.54. I have 3 more months buying these until I have enough. They are down 7% so far.

Next I bought 8 shares in III:3i Group at 2982.99p costing £241.33. I have 2 more months buying these until I have enough. They are also down 7% so far.

Portfolio value dropped a hefty £2,715 and £1,715 of that was lost profit. I got a £25 dividend from GCP:GCP Infrastructure Investments and for a change didn't sell anything.

No prospect of getting back above the injection line any time soon with events in the Middle East.

Just as it looked like the trend line might flatten off, we're now well below it and pretty much level with the all-time low.

I can't see me selling much for a while now, so we will most likely slip below the trend line in about 5 or 6 weeks.

I'm really surprised how badly gold mine shares have been affected over the last few weeks, given the gold price hasn't really dropped very much. I guess people may be taking their money into cash and taking profits. I know I have with all my PAF:Pan African Resources sales. I must stop doing that now though, as it has a lot further to go in the next few years and it's likely to stay at an elevated p/e ratio. It's currently on 17, which is a lot for a miner.

Week 552 Review - Massive losses across the whole portfolio.

One of the worst weeks ever. The deficit between cost and value widened by £11,347 to £144,625 and the deficit between injection and value increased to £54,813. Portfolio value fell to £127,155.

There's no point trying to describe why each share fell, as it was all caused by America and Israel bombing Iran. I'll just catalogue the losses.

Having said that, PAGE:Pagegroup delivered rather rubbish results, so they dropped 17% to go 70% down.

JLP:Jubilee Metals dropped an incredible 14% and I have no clue why.

EDV:Endeavour Mining was the biggest gold miner drop, falling 13%.

ATYM:Atalya Mining and PAF:Pan African Resources both fell 12%.

OPTI:Optibiotix fell 11% and greatly contributed to the losses.

MGNS:Morgan Sindall Group fell 10%.

GGP:Greatland Resources and SOI:Schroder Oriental Income both fell 9%.

FNX:Fonix, III:3i Group, IPX:Impax Asset Management and RIO:Rio Tinto fell 8%.

AMP:Ampeak Energy, AMRQ:Amaroq, ASHM:Ashmore Group, PRU:Prudential and W7L:Warpaint London fell 7%.

CORE:Solidcore Resources and N91:Ninety One fell 6%.

DXRX:Diaceutics, ESTC:Eurpoean Smaller Companies Trust, RAT:Rathbones and RSW:Renishaw fell 5%.

There was a tiny glimmer of positivity.

CKN:Clarkson climbed 5% as they specialise in shipping logistics which may come in handy soon.

KNOS:Kainos Group climbed 8% for no obvious reason, other than the recent fall was way overdone.

MSI:MS International is a defence contractor, so no surprise they climbed 13% and went into profit.

Share of the Week is SBTX:SkinBioTherapeutics which climbed another 34% even after last week's massive rise.

Here's the ISA and shares portfolio after week 32 of year 11.

			Weekly Change
Cash	£115.91		+£8.89
Portfolio cost	£116,389.29		-£1,002.31
Portfolio sell value (bid price-commission)	£36,163.81	(-68.9%)	-£3,795.04
Potential profits	£455.12		-£124.56
Yr 11 Dividends	£69.36		+£0
Yr 11 Interest	£0.85		+£0
Yr 11 Profit from sales	£873.14		-£193.36
Yr 11 proj avg monthly profit	£120.27	(1.7%)	-£30.91
Total Dividends	£12,557.43		+£0
Total Interest	£9.42		+£0
Total Profit from sales	£18,433.41		-£193.36
Average monthly cash profit	£238.48	(3.3%)	-£1.95
(Sold stocks profit + Dividends - Fees / Months)

CAML:Central Asia Metals released an update on the SASA mineral reserves and it wasn't good. SASA has been a complete disaster since they bought it, and their copper operation is near end of life. The CEO that made this one of my favourite companies retired a while ago and I have lost faith in the company. I decided to sell all my holdings immediately, and good job I did, as the share price plummeted all day.

In my AJ Bell dealing account I sold my 365 shares at 223p and made a £193.36 (19.2%) loss, although if you include dividends it was only a 1% loss. On selling the shares I pulled out £800 from my dealing account to go towards my holiday so the injection amount has reduced.

Sell value dropped a big £3,795, but that was a lot better than my SIPP.

Year 11 performance took a bit of a hit due to the realised loss.

Almost back to the lowest of lows.

Right back on the descending trend line.

This chart has always been a bit sad  and is sadder now than it was last week.

The SIPP looks like this after week 536 overall and week 16 of year 11.

			Weekly Change
Cash	£1,039.31		-£41.19
Portfolio cost	£154,237.10		+£1,795.01
Portfolio sell value (bid price - commission)	£89,836.66	(-41.8%)	-£8,554.62
Potential profits	£12,514.17		-£5,545.34
Yr 11 Dividends	£541.92		+£0
Yr 11 Interest	£6.26		+£0
Yr 11 Profit from sales	£8,076.47		+£1,753.83
Yr 11 proj avg monthly profit	£2,319.26	(29.1%)	+£352.05
Total Dividends	£18,762.12		+£0
Total Interest	£26.96		+£0
Total Profit from sales	£32,742.98		+£1,753.83
Average monthly cash profit	£403.01	(5.1%)	+£13.45

Not a happy set of figures, although I did take out £1,753 of profits. Some of those were selling CAML:Central Asia Metals. I sold my 1,500 shares at 224.4p and made £907.71 (36.9%) profit. I also top-sliced a few more PAF:Pan African Resources, selling 550 shares at 186.7842p to make £846.12 (466.9%) profit.

I wanted to move some of my PAF holding into something I thought had more chance for a significant rise, so bought another 1,176 shares in THX:Thor Explorations at 89.7p costing £1,061.82. I bought a further 1,241 with some of my CAML proceeds at 88.6p costing £1,106.48. That takes my total holding to 5,401 shares at an average price of 86.3p costing £4,694. They are down 6% altogether.

Although I was initially planning to keep all my CAML proceeds in metals, I decided to use the rest to buy other magic formula shares. I bought 26 shares in RSW:Renishaw at 4152p costing £1,091.87. They are 30th in my magic formula ranking, with very low debt and excellent 5-year growth. ROI and dividend were a bit more middling.

I also bought 1,612 shares in BPCR:BioPharma Credit at 71.1995p costing £1,160.43. They are 32nd in my magic formula ranking, with a superb dividend and no debt, but middling ROI and 5-year growth.

Portfolio value was battered, dropping £8,554, and £5,545 of that was potential profits, as all my most profitable shares dropped and many went out of profit into loss. The sale did raise my long term profits above 5% though, which is excellent.

Such a brief excursion above the injection line.

Below the trend line and almost back down to the worst ever position. Just as it looked like things were turning around.

One crumb of comfort among the misery.

I'm a wee late writing this after going to the Lake District, so nothing more to say other than steeling myself for another depressing write-up.

Week 551 Review - Metals shine in a positive week despite some big drops.

It was a mixed week, with some very big losses but also some very big gains. The gains won, and the deficit between cost and value narrowed by £3,299 to £133,278 and the deficit between injection and value dropped to £45,026. Total portfolio value increased to £137,742.

Worst performer was FXPO:Ferrexpo, which plummeted 21% after reports that its Ukrainian subsidiary has had bankruptcy proceedings opened, despite the court case that would trigger the proceedings not having been completed yet. It all stinks rather badly. Having said that, in my mind I've written off this investment already, and the 21% drop this week hardly affects my holding as it just goes from 86% down to 89% down.

AFC:AFC Energy gave up most of last weeks gains, possibly as people took profits. They fell 20% and instead of being on the verge of profit, are now down 21%.

MGNS:Morgan Sindall Group gave absolutely brilliant results with record earnings and a raised dividend, yet the share price dropped 9%. I don't get it. My holding is still up, but by just 3%. I have a feeling it will recover over the next few weeks, and I may consider buying more with my monthly savings.

YU.:Yu Group have had a great run but dropped 9% this week. My holding lost almost half its profits but is still up 10%. It's difficult to see any reason for the drop.

PBX:Probiotix Health widened its spread from 7p-9p to 6.5p-9.5p, which is an insane 32%. Not sure how anyone is going to be persuaded to buy at the moment. That widening caused the bid price to drop by 7%, but it feels like a false drop.

W7L:Warpaint London had a superb week last week, but dropped 7% this week, presumably as people took profits. My holding is still up by 7%.

MSI:MS International have gone down every week since I bought them, falling another 6% this week to go 11% down.

PAGE:Pagegroup are showing no signs of reversing their decline, falling 5% this week to go 64% down.

There were a whole load of shares up by 5% this week, with CAML:Central Asia Metals, CORE:Solidcore Resources, JLP:Jubilee Metals and THX:Thor Explorations all benefitting from rising metals prices.

KNOS:Kainos Group recovered 6% of their recent losses but are still 16% down.

PAF:Pan African Resources went up 7%, GGP:Greatland Resources 12%, EDV:Endeavour Mining 12% and AMRQ:Amaroq 13% as gold bounced back up.

Share of the Week probably doesn't deserve it after the last few weeks, but SBTX:SkinBioTherapeutics went up 60%, proving that the drop was way over-done and no doubt making someone a lot of money. My holding is still down 64% and will need a few more weeks like this to recover.

Here's the ISA and shares portfolio after week 31 of year 11.

			Weekly Change
Cash	£107.02		+£0
Portfolio cost	£117,391.60		+£0
Portfolio sell value (bid price-commission)	£39,958.85	(-66.0%)	+£1,400.62
Potential profits	£579.68		+£200.24
Yr 11 Dividends	£69.36		+£0
Yr 11 Interest	£0.85		+£0
Yr 11 Profit from sales	£1,066.50		+£0
Yr 11 proj avg monthly profit	£151.18	(2.1%)	-£5.04
Total Dividends	£12,557.43		+£0
Total Interest	£9.42		+£0
Total Profit from sales	£18,626.77		+£0
Average monthly cash profit	£240.43	(3.3%)	-£0.44
(Sold stocks profit + Dividends - Fees / Months)

Nice rise in value and £200 more potential profit is a much better performance than last week.

A reversal of the recent big drop, but still well below where we were 12 months ago.

A small tick up, but still very close to the descending trend line.

The SIPP looks like this after week 535 overall and week 15 of year 11.

			Weekly Change
Cash	£1,080.50		-£332.21
Portfolio cost	£152,442.09		+£997.00
Portfolio sell value (bid price - commission)	£96,596.27	(-36.6%)	+£1,899.03
Potential profits	£18,059.51		+£1,560.34
Yr 11 Dividends	£541.92		+£41.76
Yr 11 Interest	£6.26		+£0
Yr 11 Profit from sales	£6,322.64		+£560.52
Yr 11 proj avg monthly profit	£1,967.21	(24.7%)	+£45.90
Total Dividends	£18,762.12		+£41.76
Total Interest	£26.96		+£0
Total Profit from sales	£30,989.15		+£560.52
Average monthly cash profit	£389.56	(4.9%)	+£4.16

I sold some more shares. It was madness on Monday as I truly believed JLP:Jubilee Metals were on the verge of a massive re-rate upwards. I was completely wrong, but went against the rules of my SIPP yet again and sold a perfectly good dividend paying share to buy more JLP.

I owned POLR:Polar Capital in both my Hargreaves Lansdown and AJ Bell accounts and wanted to just have them in one account, so I sold my 380 Hargreaves Lansdown shares at 630.3471p and made £560.52 (30.5%) profit. It would be 41% if you include the £193 in dividends.

I used the proceeds to buy another 51,278 shares in JLP at 4.649p costing £2,392.86. I also used some of my AJ Bell pot to buy 8,947 shares at 4.75p costing £429.98. If I'd waited until the end of the week I could have bought them below 4.5p as Monday was the only day they went up. The bid price ended the week at 4.3p so I was well down. That has happened without fail every time I buy more JLP thinking it's about to go up. When will I learn?

The £560 profit increased my long term performance by 0.1% to 4.9%, and thanks to big rises in miners I added £1,560 to potential profits. I also got a £15 dividend from BPM:BP Marsh & Partners and £25 from UKW:Greencoat UK Wind.

I do believe we're back above the injection line - much joy! How long will it last this time?

Not quite back to where we were a few weeks ago, but higher than 12 months ago and pulling the trend line flat.

Keeping parallel to the trend line and still above it. Not sure I can keep this up any longer though.

I have now spent £14,756 on JLP:Jubilee Metals shares in my SIPP when I'm not supposed by be buying non-dividend shares in my SIPP. No more! If you add that to the £28,475 I have in my ISA, that's £43,000 I've spent on a pretty high risk share that has no track record at rewarding shareholders in any way. Why am I so convinced it's going to be different this time?

I suppose they are proposing a capital re-structure that will allow them to pay dividends and buy back shares, and the 2 main directors have just awarded themselves several million, so have some skin in the game at last, so maybe there is some hope. Ideally I'd sell the SIPP holdings for around £25k and put that into magic formula shares, and I'd sell some of the ISA shares, just keeping my AJ Bell holding which cost £19k.

I've written this after America and Israel attacked Iran, so haven't a clue what the impact will be on Monday. I suspect my shipping insurance company might not do very well, and probably a general crash, but gold may go even higher.

Hargreaves Lansdown are reducing commission costs from £11.95 to £6.95 from Monday. As I account for the sale commission in the value of all my holdings, that gives me £5 per HL holding, which adds up to £227 better off from the start of Monday. I'd mistakenly got one of the £11.95 as only £8.95 which explains why the savings are not £230. Given the number of trades I've made recently, I should only be paying £3.95 which is cheaper than AJ Bell. My £16.66 monthly SIPP charge should reduce to £12.50 but my £3.75 ISA change will increase, but I don't know how much by. The cap is £12.50 but I think my portfolio value is less than the cap level. We will see when fees are taken in a few days.