Worst performer was SBTX:SkinBioTherapeutics, which dropped 10% after a massive rise last week. I think it was just a bit of profit taking, so hopefully it will recover next week.
The only other big loser was PAGE:Pagegroup after another lackluster trading statement sent the price down 8% and my holding is now 59% down. I won't be averaging down any time soon, but I will hold and average down if it starts creeping up for any length of time.
RIO:Rio Tinto went up 5%. I think it would have been more given the rises in other miners, but investors are spooked by the proposed merger with GLEN:Glencore. I did buy some more this week and it is now one of my larger holdings.
FDM:FDM Group is another of my poor performing magic formula shares, but went up 6% this week. My holding is 58% down and making a potential loss of £644, but they are suffering exactly the same malaise as PAGE:Pagegroup, as people are not hiring staff. I will keep an eye on these as a potential opportunity to average down if they continue to creep upwards.
AFC:AFC Energy have had a storming few weeks and went up another 7% this week. My holding is only down by 19% and making a potential loss of £390 but I have high hopes for a turnaround and significant re-rate.
FOUR:4imprint collapsed last year after a back-hand remark about the uncertainty of tariffs, so I doubled my holding and reduced my average price from around 5400p to 4084p. I'm glad I did, because they went up another 7% this week and my enlarged holding went 7% into profit with a potential £149, but I will be holding for a long time.
I recently bought back into III:3i Group after a significant drop in share price as investors were spooked that they couldn't continue their rate of growth. The 7% increase this week means my shares are 5% in profit. The profit is only £21 because I've only added £443 of shares so far in my monthly investments.
OPTI:Optibiotix finally had an up week, climbing 7%. Although I desperately hope last week was the lowest point, there's no sign of anything that will trigger sustained growth, with SweetBiotix product launch nowhere in sight. My paper loss is £101,374 on this share alone. I bet on the wrong pony and if it doesn't turn around then I've wasted most of what I've done for the last 10 years. It's been a harsh lesson in avoiding going big on a startup company with breakthrough but unproven products.
My other huge holding JLP:Jubilee Metals also had a good week, climbing 8%. My paper losses are still £14,371 but at least this one has real prospects of large profits in the next 12 months, so I am hopeful for recovery. I won't be buying any more though.
N91:Ninety One went up another 8% this week after a positive assets under management statement. My holding is up 25% and making £255 potential profit.
IPX:Impax Asset Management have had an utterly miserable time of late, but may have bounced off the bottom now, as they climbed 9% this week. My holdings are down 64% and 16% and making a combined paper loss of £1,465 but if they continue to rise I'll average down.
GGP:Greatland Resources is unstoppable. I bought more this week and they went up 10%. The purchase reduced my gains from over 100% to 69%, with potential profit at £1,619.
RAT:Rathbones soared 11% after a positive assets under management update, and happily just after my last monthly investment had gone through. My holding is now up by 19% and making £230 potential profit. I won't be buying any more for the time being.
POLR:Polar Capital also gave a very positive assets under management update and zoomed up 12% to take my holdings up 25% and 29% and making £936 potential profit, along with having received £293 in dividends.
CORE:Solidcore Resources has been creeping up at around 1% per week throughout the gold bull run, but this week they took off with a 13% rise. My holdings are still down 70% with a paper loss of £1,341 and I can't trade the shares unless they re-list in UK.
I was nervous about sacrificing my BOKU:Boku shares to buy back into CWR:Ceres Power following their 50% drop in share price, but I needn't have been. They went up another 25% this week to take my holding to 49% up with a £549 potential profit. That's much better than BOKU, although they are rising and I'd like to get back in if I get some cash.
Share of the Week is ASHM:Ashmore Group, which has languished in misery for years in my AJ Bell dealing account. A very positive assets under management update sent them up 26% this week. My holding is only 16% down and I plan to sell as soon as it gets to breakeven and take out the money to put towards my holiday. I've had £184 in dividends, so at breakeven I'll have made 13%.
Here's the ISA and shares portfolio after week 25 of year 11.
| Weekly Change | |||
| Cash | £91.44 | -£4.10 | |
| Portfolio cost | £116,875.69 | +£0 | |
| Portfolio sell value (bid price-commission) | £41,871.56 | (-64.2%) | +£2,071.10 |
| Potential profits | £1,059.59 | +£405.25 | |
| Yr 11 Dividends | £69.36 | +£0 | |
| Yr 11 Interest | £0.76 | +£0 | |
| Yr 11 Profit from sales | £527.06 | +£0 | |
| Yr 11 proj avg monthly profit | £95.34 | (1.3%) | -£4.71 |
| Total Dividends | £12,557.43 | +£0 | |
| Total Interest | £9.33 | +£0 | |
| Total Profit from sales | £18,087.33 | +£0 | |
| Average monthly cash profit | £238.86 | (3.3%) | -£0.47 |
| (Sold stocks profit + Dividends - Fees / Months) |
Cash dropped due to monthly fees, a big leap in value, and potential profits up £405 mainly thanks to CWR:Ceres Power, but AMRQ:Amaroq went up 4% and TRU:Trufin 1% so they all contributed.
Still an epic gap, but nice to see a tick up.
Well above the trend line now, but I've had blips like this in the past and they didn't last.
The SIPP looks like this after week 529 overall and week 9 of year 11.
| Weekly Change | ||||
| Cash | £558.23 | -£558.63 | ||
| Portfolio cost | £148,529.18 | +£1,331.86 | ||
| Portfolio sell value (bid price - commission) | £89,924.00 | (-39.5%) | +£2,565.24 | |
| Potential profits | £13,721.09 | +£1,561.10 | ||
| Yr 11 Dividends | £429.74 | +£21.89 | ||
| Yr 11 Interest | £6.07 | +£0 | ||
| Yr 11 Profit from sales | £2,298.10 | +£754.08 | ||
| Yr 11 proj avg monthly profit | £1,296.84 | (16.3%) | +£256.22 | |
| Total Dividends | £18,649.94 | +£21.89 | ||
| Total Interest | £26.77 | +£0 | ||
| Total Profit from sales | £26,964.61 | +£754.08 | ||
| Average monthly cash profit | £360.26 | (4.5%) | +£5.65 |
It's been a very busy week.
The main takeaway is that value is up by £2,565 and potential profits up £1,561 despite banking £754 in actual profits.
I had a £21 dividend from FSV:Fidelity Special Values.
First of all I had my regular monthly investments. They were 7 shares in III:3i Group at 3103p costing £219.80. They went up to 3359p by the end of the week. The other was 12 shares in RAT:Rathbones Group at 1996.7746p costing £242.31. Those were 2240p by the end of the week. That doesn't usually happen to me!
I wrote last week that I was concerned I had too many shares in CAML:Central Asia Metals, so I went through with my plan and sold 2,663 and kept 2,000. I sold them at 191.84p and made £754.08 (17.3%) profit, but liberated £5,096.
I wanted to keep as much of it in copper as possible, but if not copper then other metals.
First I bought 108 shares in ATYM:Atalaya Mining at 924.34p costing £1,010.24. That took my total holding to 224 shares at an average price of 895.52p costing £2,029.88 and making just £21 (1%) potential profit.
Next I bought another 25 shares in EDV:Endeavour Mining at 3994.8449p costing £1,015.65. That took my holding to 112 shares at an average price of 3757.13p costing £4,259.87. They are up by 5% and making £210.42 potential profit.
Next I increased my holding in RIO:Rio Tinto, buying 16 shares at 6174.199p costing £1,004.76. My total holding is now 132 shares at an average price of 5376.24p costing £7,203.82 and making £1,149.07 (16%) potential profit.
Next I bought another 176 shares in GGP:Greatland Resources at 621.08p costing £1,105.05. That takes my holding to 631 shares at an average price of 365.54p costing £2,330.49. They are making £1,619.61 (69%) potential profit.
Next I bought another 176 shares in GGP:Greatland Resources at 621.08p costing £1,105.05. That takes my holding to 631 shares at an average price of 365.54p costing £2,330.49. They are making £1,619.61 (69%) potential profit.
My final purchase wasn't a metals company. I figured as this was mostly the profits from the CAML sale, I would get a new magic formula share. I bought 299 shares in SOI:Schroder Oriental Income at 357.78p costing £1,081.71. They had risen to 361.5p by the end of the week so are just £12.78 down due to commission.
The sale took my year 11 performance up to an impressive 16.3%, but this is only week 9, so if I sold nothing else this year it would only be 2.8%. I doubt I can keep up this momentum unless JLP:Jubilee Metals takes off. My long term performance remains at 4.5%.
This week the injection line stayed flat and the green line is getting very close. It's certainly much closer than it has been for several years.
A wonderful sight. Not far off getting back to where we were a year ago. This is most impressive given how low OPTI:Optibiotix is still.
I didn't think I could keep it above the trend line, but we're safe for a few more weeks.
A very busy week. I think I need a nice quiet one next week where nothing happens.
I've decided to refresh my magic formula rankings every 6 months, so I will do a complete refresh in February. My rule is that if something falls out of the top 50 and is in profit, I will sell it. Anything not in profit will be kept until it gets to break even and then sold. PSN:Persimmon is an example of that, sitting 79th in the ranking and only 3% down. In actual fact I've had £140 dividends so it's sort of 11% up, but I'll wait until it registers a true profit. I hope to sell that in the next few weeks.
This week the injection line stayed flat and the green line is getting very close. It's certainly much closer than it has been for several years.
A wonderful sight. Not far off getting back to where we were a year ago. This is most impressive given how low OPTI:Optibiotix is still.
I didn't think I could keep it above the trend line, but we're safe for a few more weeks.
A very busy week. I think I need a nice quiet one next week where nothing happens.
I've decided to refresh my magic formula rankings every 6 months, so I will do a complete refresh in February. My rule is that if something falls out of the top 50 and is in profit, I will sell it. Anything not in profit will be kept until it gets to break even and then sold. PSN:Persimmon is an example of that, sitting 79th in the ranking and only 3% down. In actual fact I've had £140 dividends so it's sort of 11% up, but I'll wait until it registers a true profit. I hope to sell that in the next few weeks.
Anything in the top 50 will be kept, but I will only purchase new shares if they are in the top 30. It will be interesting to see which companies get promoted into the top 30 in February. It usually takes me about 6 hours to enter all the data manually to re-calculate the ranking. I'll refresh the AIM one in February too. That takes a lot longer and will be done over a few weeks.
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