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.
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.
