Week 562 Review - Good week for ISA, bad week for SIPP.

This was a pretty bad week for my SIPP, but a pretty good week for my ISA, so the two cancelled each other out and I ended up with the deficit between cost and value reduced by £96 to £151,114. It would have been £2,800 if Friday hadn't spoiled everything. The deficit between injection and value reduced to £59,490 and total portfolio value increased to £125.648.

The biggest faller was TLOU:Tlou Energy which dropped 22% and I fear is almost certainly doomed.

PAGE:Pagegroup went ex-dividend which didn't help, as they dropped another 15% to go 78% down.

III:3i Group gave decent results, but as with last time, the growth in Action stores wasn't enough to stop a sell-off and they went down 14%. At one point they were down 25% so someone got some cheap shares.

PAF:Pan African Resources was the worst hit of the gold miners dropping 8%, but most of them went up more last week than their losses this week so I suspect an element of profit taking.

FNX:Fonix and FRES:Fresnillo dropped 7%.

EDV:Endeavour Mining and FOUR:4imprint dropped 6%.

DXRX:Diaceutics, GGP:Greatland Resources, MSI:MS International and TAM:Tatton Asset Management all dropped 5%.

Not many big risers this week, but fortunately 2 of them are my biggest holdings which is why the ISA did so much better than the SIPP.

JLP:Jubilee Metals climbed 6% for no obvious reason. It may be the price of copper going up, but my other copper shares did less well.

OPTI:Optibiotix announced an event to allow shareholders to taste Sweetbiotix which means we may actually have a product at last. That drove the share price up 10%. Any significant news on this could lead to a re-rate. I hope so as everything else in my micrbiome shares is still looking bleak. The longer it takes SBTX:SkinBioTherapeutics to investigate the possible fraud, the more worried I get about how serious it is.

Share of the Week is IES:Invinity Energy which zoomed up 26% after announcing a massive battery system going live. This should act as a great selling and demo site and will hopefully generate a lot more orders. My recent purchase is only 1% down , but my older holding is still 87% down. I need a 200% rise for the 2 to cancel each other out and break even.

Here's the ISA and shares portfolio after week 42 of year 11.

			Weekly Change
Cash	£113.37		-£3.92
Portfolio cost	£116,490.29		+£0
Portfolio sell value (bid price-commission)	£33,141.30	(-71.6%)	+£1,212.74
Potential profits	£416.76		-£45.49
Yr 11 Dividends	£86.83		+£0
Yr 11 Interest	£1.40		+£0
Yr 11 Profit from sales	£873.14		+£0
Yr 11 proj avg monthly profit	£91.12	(1.3%)	-£2.64
Total Dividends	£12,574.90		+£0
Total Interest	£9.97		+£0
Total Profit from sales	£18,433.41		+£0
Average monthly cash profit	£234.20	(3.2%)	-£0.45
(Sold stocks profit + Dividends - Fees / Months)

Cash dropped due to fees, big increase in value thanks to JLP:Jubilee Metals and OPTI:Optibiotix, but DXRX:Diaceutics dropped back to loss and my potential profits dipped £45.

Well it's the right direction I suppose.

Bang on the trend line.

The SIPP looks like this after week 546 overall and week 26 of year 11.

			Weekly Change
Cash	£618.36		-£398.35
Portfolio cost	£159,540.59		+£497.26
Portfolio sell value (bid price - commission)	£91,775.57	(-42.5%)	-£1,116.03
Potential profits	£12,617.45		-£1,265.50
Yr 11 Dividends	£1.044.90		+£102.94
Yr 11 Interest	£11.94		+£0
Yr 11 Profit from sales	£9,216.80		+£0
Yr 11 proj avg monthly profit	£1,693.14	(20.6%)	-£50.58
Total Dividends	£19,265.10		+£102.94
Total Interest	£32.64		+£0
Total Profit from sales	£33,883.31		+£0
Average monthly cash profit	£408.29	(5.0%)	+£0.03

It was monthly investment time. I bought 107 shares in ESTC:European Smaller Companies Trust at 231.9565p costing £249.43 and 37 shares in BPM:BP Marsh & Partners at 669.8p costing £247.83. I'll buy both of these again next month.

Lots of dividends this week totaling £102. £15 from PRU:Prudential, £43.52 from RAT:Rathbones, £13 from SOI:Schroder Oriental Income and £36 from THX:Thor Explorations.

Value was smashed mainly from the miners, and potential profit went down more than the value as the biggest increases were in loss-making shares.

There's just something stopping me getting past that injection line! Whenever I get close there's some national or global crisis that spoils everything. They say you have to be patient to do this, and they seem to be right.

Below the trend line is bad.

Although we're below the trend line now, I think it will stay pointing up for quite a while unless I suffer some massive loss, which could easily happen.

Week 561 Review - Gold shares shine.

A pretty good week, despite Friday removing 25% of the gains. The deficit between cost and value narrowed by £3,361 to £151,210 and the deficit between injection and value dropped to £59,682. Total portfolio value increased to £125,456.

Very few shares ended in the red this week, and none were big fallers except BLU:Blue Star Capital which I don't report on due to being down over 90%, but which dropped 19% and gets a mention in the absence of any other big fallers.

ASHM:Ashmore Group went up 5%.

AMRQ:Amaroq, DXRX:Diaceutics, FOUR:4imprint and SOI:Schroder Oriental Income all went up 6%.

CORE:Solidcore Resources and IPX:Impax Asset Management went up 7%.

PAF:Pan African Resources went up 8%.

GGP:Greatland Resources, POLR:Polar Capital and RSW:Renishaw went up 9%.

ATYM:Atalya Mining and FRES:Fresnillo went up 10%.

Share of the Week goes to EDV:Endeavour Mining, which went up 11%. I remember the days when there used to be a reason for big changes in share price over a week, but recently it's been a significant chunk of my portfolio either up or down a huge amount every week for no reason other than a small change in the price of gold or Trump doing something.

Here's the ISA and shares portfolio after week 41 of year 11.

			Weekly Change
Cash	£117.29		-£3.32
Portfolio cost	£116,490.29		+£0
Portfolio sell value (bid price-commission)	£31,928.56	(-72.6%)	+£175.83
Potential profits	£462.25		+£93.23
Yr 11 Dividends	£86.83		+£0
Yr 11 Interest	£1.40		+£0
Yr 11 Profit from sales	£873.14		+£0
Yr 11 proj avg monthly profit	£93.76	(1.3%)	-£2.40
Total Dividends	£12,574.90		+£0
Total Interest	£9.97		+£0
Total Profit from sales	£18,433.41		+£0
Average monthly cash profit	£234.65	(3.3%)	-£0.44
(Sold stocks profit + Dividends - Fees / Months)

My biggest holdings were all flat this week, so the increase was pretty muted, but it was heartening that over half the increase was in potential profits, up by £92.

I think the most positive thing I can say is that it's better than last week.

Still below the trend line.

The SIPP looks like this after week 545 overall and week 25 of year 11.

			Weekly Change
Cash	£1,016.71		+£251.27
Portfolio cost	£159,043.33		+£0
Portfolio sell value (bid price - commission)	£92,394.34	(-41.9%)	+£3,186.09
Potential profits	£13,882.95		+£2,067.95
Yr 11 Dividends	£941.96		+£13.77
Yr 11 Interest	£11.94		+£0
Yr 11 Profit from sales	£9,216.80		+£0
Yr 11 proj avg monthly profit	£1,743.72	(21.2%)	-£72.42
Total Dividends	£19,162.16		+£13.77
Total Interest	£32.64		+£0
Total Profit from sales	£33,883.31		+£0
Average monthly cash profit	£408.26	(5.0%)	-£0.74

Cash went up thank to my monthly investment cash going in, and the purchase will be next week. Big increase in value and lots of that was potential profits. Given all my biggest holdings were flat, it's good to see the others can make a significant difference on their own. I had a £13 dividend from BTG:BTG Consulting.

It would be so nice to get past the injection line and stay there, so I can then start focusing on the cost line instead. It's not going to happen until JLP:Jubilee Metals and OPTI:Optibiotix have a turn of fortune. Unfortunately there's no sign of that ever happening.

Still below the trend line, but only just.

It had to happen one day, we've hit the trend line and will dip below it next week. I fear it will now drift until August when I re-calculate the magic formula rankings and have a big sell-off.

Week 560 Review - More value lost in another bad week.

Another rubbish week, with nearly everything dropping. The deficit between cost and value widened by £2,779 to £154,572 and the deficit between injection and value grew to £63,042. Total portfolio value dropped to £121,847.

Worst performer was W7L:Warpaint London after lukewarm results. They dropped a massive 13% and are now 25% down. These have been incredibly volatile since I bought them.

JLP:Jubilee Metals sank another 7% as everyone loses interest.

EDV:Endeavour Mining were the worst hit of my gold miners, dropping 6%.

DXRX:Diaceutics and PAF:Pan African Resources both fell 5% this week.

RSW:Renishaw rose another 7% after their trading statement, to go 12%up.

Share of the Week is AFC:AFC Energy which climbed 10% to go 3% into profit.

Here's the ISA and shares portfolio after week 40 of year 11.

			Weekly Change
Cash	£120.61		+£0
Portfolio cost	£116,490.29		+£0
Portfolio sell value (bid price-commission)	£31,752.73	(-72.7%)	-£858.15
Potential profits	£369.02		+£85.98
Yr 11 Dividends	£86.83		+£0
Yr 11 Interest	£1.40		+£0
Yr 11 Profit from sales	£873.14		+£0
Yr 11 proj avg monthly profit	£96.46	(1.3%)	-£2.48
Total Dividends	£12,574.90		+£0
Total Interest	£9.97		+£0
Total Profit from sales	£18,433.41		+£0
Average monthly cash profit	£235.09	(3.3%)	-£0.42
(Sold stocks profit + Dividends - Fees / Months)

Very little change other than another drop of £858, offset by a rise in potential profits thanks to AFC:AFC Energy.

Still sliding

Below the trend line now.

The SIPP looks like this after week 544 overall and week 24 of year 11.

			Weekly Change
Cash	£765.44		+£0
Portfolio cost	£159,043.33		+£0
Portfolio sell value (bid price - commission)	£89,208.25	(-43.9%)	-£1,921.03
Potential profits	£11,815.00		-£586.33
Yr 11 Dividends	£928.19		+£0
Yr 11 Interest	£11.94		+£0
Yr 11 Profit from sales	£9,216.80		+£0
Yr 11 proj avg monthly profit	£1,816.14	(22.1%)	-£78.97
Total Dividends	£19,148.39		+£0
Total Interest	£32.64		+£0
Total Profit from sales	£33,883.31		+£0
Average monthly cash profit	£409.00	(5.0%)	-£0.75

No buys or sells this week. Portfolio value dropped by £1,921 and potential profits also dropped as most shares fell in price.

Too far away from the injection line for comfort

Dipped well below the trend line just as it was thinking of changing direction

Still just managing to hold above the trend line.

That's if for this week. A nice bank holiday to look forward to and sit back and hope someone sorts out the war in Iran. I'm due a dividend next week too, They seen to have dried up a bit for the last few weeks.

Week 559 Review - Bad week as gold miners hammered.

A dreadful week, with the deficit between cost and value widening by £5,672 to £151,793 and the deficit between injection and value growing to £60,262. Total portfolio value dropped to £124,626.

It was a bad week for gold miners, and the worst affected was PAF:Pan African Resources, dropping 11%, but my holding is still up by 380%.

III:3i Group, THX:Thor Explorations and W7L:Warpaint London all fell 9%.

EDV:Endeavour Mining and SBRE:Sabre Insurance fell 8%.

AMP:Ampeak Energy and PAGE:Pagegroup fell 7%.

AMRQ:Amaroq, ATYM:Atalya Mining and FRES:Fresnillo fell 6% and I only bought FRES this week!

GGP:Greatland Resources fell 5%.

It wasn't all doom and gloom.

FDM:FDM Group went up 5% but my holding is still 66% down.

AFC:AFC Energy is on a surge, and went up 6% taking my holding to only 6% down.

DXRX:Diaceutics went up 6% and are now a rare in=profit ISA share, up by 2%. That does mean that all my new ISA magic formula shares are in profit. I just need some cash from selling the other rabble to buy some more.

RSW:Renishaw went up 6% and are now 5% in profit.

Share of the week is FNX:Fonix, which went up 9% and is now only 7% down.

Here's the ISA and shares portfolio after week 39 of year 11.

			Weekly Change
Cash	£120.61		-£3.96
Portfolio cost	£116,490.29		+£0
Portfolio sell value (bid price-commission)	£32,610.88	(-72.0%)	-£832.46
Potential profits	£283.04		-£79.04
Yr 11 Dividends	£86.83		+£0
Yr 11 Interest	£1.40		+£0
Yr 11 Profit from sales	£873.14		+£0
Yr 11 proj avg monthly profit	£98.94	(1.4%)	-£3.05
Total Dividends	£12,574.90		+£0
Total Interest	£9.97		+£0
Total Profit from sales	£18,433.41		+£0
Average monthly cash profit	£235.51	(3.3%)	-£0.46
(Sold stocks profit + Dividends - Fees / Months)

Very little happened. Most of my losses were in the SIPP, so this just lost £832 and potential profits dipped by £79, but it's relatively flat compared to the SIPP.

Heading back towards worst ever.

Dipped slightly below the trend line.

The SIPP looks like this after week 543 overall and week 23 of year 11.

			Weekly Change
Cash	£765.44		-£82.58
Portfolio cost	£159,043.33		+£1,024.63
Portfolio sell value (bid price - commission)	£91,129.28	(-42.7%)	-£4,839.37
Potential profits	£12,401.33		-£2,887.55
Yr 11 Dividends	£928.19		+£0
Yr 11 Interest	£11.94		+£0
Yr 11 Profit from sales	£9,216.80		+£883.30
Yr 11 proj avg monthly profit	£1,895.11	(23.1%)	+£87.11
Total Dividends	£19,148.39		+£0
Total Interest	£32.64		+£0
Total Profit from sales	£33,883.31		+£883.30
Average monthly cash profit	£409.75	(5.0%)	+£6.28

I decided I wanted to buy FRES:Fresnillo shares before the ex-dividend date. They have dipped due to the war so I sold 700 PAF:Pan African Resources shares at 157.2518p making £883.29 (420%) profit. I bought 34 shares in FRES at 3594.36p costing 1,235.14. One of the reasons they dropped was going ex-dividend, so they actually fell much less than PAF.

Portfolio value dropped by £4,000 if you ignore the realised profit, and potential profits made up half that drop. The sale did however improve my average performance, which is now up to 5% long-term.

Just as it looked like we may get back past the injection line.

Well below the trend line again.

I did put off dropping below the trend line for another week or two.

I'm a week late writing this up because it's hard to find motivation when it's relentless bad news. Unfortunately week 560 wasn't much better so that might not be written any time soon.