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.
I did my monthly investments this week.
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.
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.
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