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.