Week 401 Review - At last a positive week after 10 weeks of woe

I was beginning to think I would never be able to report a positive week again after 10 weeks of utter misery, but this week most of the magic formula shares went up, and JLP:Jubilee Metals recovered all last week's losses to account for much of the rise. The deficit between cost and value improved by £1,045 to £124,799 and total value increased to £55,999.

The only share that dropped by 5% was III:3i Group, but that's not really an accurate picture as I pretty much doubled my holding this week, and at the upper end of the price range, so it wasn;t really a 5% drop.

JLP:Jubilee Metals recovered the 5% lost last week. Given that this is the first major increase since the warrants were bought, could it be that the seller has finally run out?

Share of the Week goes to PAGE:Page Group, which climbed 6% and is only 2% down now.

Here's the ISA and shares portfolio after week 37 of year 8.

			Weekly Change
Cash	£1,228.39		+£971.54
Portfolio cost	£85,288.00		-£929.02
Portfolio sell value (bid price-commission)	£24,353.96	(-71.4%)	+£464.56
Potential profits	£0		+£0
Yr 8 Dividends	£29.20		+£0
Yr 8 Interest	£1.24		+£1.12
Yr 8 Profit from sales	-£10,795.53		+£20.15
Yr 8 proj avg monthly profit	-£1,264.59	(-25.9%)	+£37.23
Total Dividends	£11,798.12		+£0
Total Interest	£1.24		+£1.12
Total Profit from sales	£17,298.53		+£20.15
Average monthly cash profit	£310.56	(6.4%)	-£0.59
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	49%		+0%

I sold my holding in GAW:Games Workshop because I wanted to transfer it to my ISA. Normally I use Bed & ISA, but because I only have 10 shares, they would have only bought back 9 and used the other towards commission, when I actually want to increase my holding to 11. I decided to forego the extra commission in order to do this, but AJ Bell are so slow to recognise the cash that the markets were closed and I had to hold on to the cash until next week.

I sold my 10 shares at 9591.2075p making £20.15 (2.6%) profit. Nothing to write home about, but my plan is to bed all my shares into my ISA as soon as they get into profit.

AJ Bell paid me £1.12 interest, which they give quarterly.

I think that can still be regarded as following the trend line as it's a very small tick up.

The SIPP looks like this after week 385 overall and week 21 of year 8.

			Weekly Change
Cash	£131.67		-£282.11
Portfolio cost	£92,367.69		+£523.22
Portfolio sell value (bid price - commission)	£29,276.89	(-68.3%)	+£544.09
Potential profits	£119.02		+£12.63
Yr 8 Dividends	£93.44		+£0
Yr 8 Interest	£1.78		+£1.11
Yr 8 Profit from sales	-£9,820.16		+£0
Yr 8 proj avg monthly profit	-£2,018.24	(-38.9%)	+£98.98
Total Dividends	£14,236.22		+£0
Total Interest	£2.03		+£1.11
Total Profit from sales	£10,613.59		+£0
Average monthly cash profit	£267.87	(5.2%)	-£0.80
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	38%		+0%

My monthly investment went up to £250, but I forgot to change the amount on the actual investment, so the transaction only went for 7 shares in III:3i Group at 1682.0485p costing £119.83. However, when the unspent £131 was added to the cash I had in the SIPP, it was enough to bring my investment up to £1,000, so I bought another 23 at 1702.05p costing £403.38. That's completed my purchases of this share, so I changed my monthly investment to ANTO:Antofagasta, which I got stopped out of a while back and want to get back in again.

As with the ISA, AJ Bell paid out £1.11 interest, and potential profits sneaked up another £12.

Bouncing off the trend line

The trading account looks like this after week 351 overall and week 39 of year 7.

			Weekly Change
Cash	£20.25		+£0
Portfolio cost	£1,763.50		+£0
Portfolio sell value (bid price - commission)	£988.63	(-43.9%)	+£37.09
Potential profits	£0		+£0
Year 7 Dividends	£0.00		+£0
Year 7 Interests	£0.02		+£0
Year 7 Profit	-£1,157.99		+£0
Yr 7 proj avg monthly profit	-£128.59	(-87.5%)	+£3.38
Dividends	£60.10		+£0
Interest	£0.02		+£0
Profit from sales	-£930.69		+£0
Average monthly cash profit	-£10.75	(-7.3%)	+£0.03
(Sold stocks profit + Dividends - Fees / Months)

A reversal of last week, with OPTI:Optibiotix flat and JLP:Jubilee Metals earning back what it lost last week. I'm hoping that means the JLP rot has stopped, but I'll believe it when I see it.

My charts definitely enjoy following trend lines!

The last few weeks I've been too depressed to write anything else. This week I'm not depressed but knackered after a hard day on the allotment, so no further thoughts.

Week 400 Review - Yet another all-time low as Jubilee Metals continues to fall.

I wish I could write that the portfolio value had gone up, just for once, but I can't. Most shares dropped in value this week, in particular JLP:Jubilee Metals which is one of my biggest holdings. The result was a widening of the deficit between cost and value by £711 to £125,845 and drop in portfolio value to £54,670. I've lost about half of the money I put in since I started. So much for investing for the future.

Biggest drop was PAGE:Page Group which had almost gone into profit, but fell 6% this week and is now 8% down. Things are so bad that I consider anything that's less that 10% down is one of my most successful investments.

JLP:Jubilee Metals dropped another 5% and accounted for much of this week's loss. I was so convinced that once the warrants had been purchased the selling would stop, but I was very wrong, and they have dropped 40% since I invested £12,000.

SBTX:SkinBioTherapeutics had another big fall after yet another week with absolutely no news. They dropped 5% and my holding is now 55% down.

Only one big riser this week, so Share of the Week goes to EDV:Endeavour Mining which climbed 6% after a 7% increase last week, and is now in profit. Shame CEY:Centamin isn't having the same rise as the price of gold soars.

Here's the ISA and shares portfolio after week 36 of year 8.

			Weekly Change
Cash	£256.85		+£111.64
Portfolio cost	£86,217.02		+£0
Portfolio sell value (bid price-commission)	£24,818.42	(-71.2%)	-£406.27
Potential profits	£0		-£28.02
Yr 8 Dividends	£29.20		+£11.64
Yr 8 Interest	£0.12		+£0
Yr 8 Profit from sales	-£10,815.68		+£0
Yr 8 proj avg monthly profit	-£1,301.82	(-26.7%)	+£38.64
Total Dividends	£11,798.12		+£11.64
Total Interest	£0.12		+£0
Total Profit from sales	£17,278.38		+£0
Average monthly cash profit	£311.15	(6.4%)	-£0.65
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	49%		+0%

Cash went up as I added £100 when I opened an ISA with AJ Bell and also got £11.64 dividend from WHR:Warehous REIT. GAW:Games Workshop dropped back into loss and wiped out my potential profits, but compared to most weeks a drop of £406 is pretty flat.

Not even trying to fight the trend.

The SIPP looks like this after week 384 overall and week 20 of year 8.

			Weekly Change
Cash	£413.78		+£33.17
Portfolio cost	£91,844.47		+£0
Portfolio sell value (bid price - commission)	£28,209.58	(-69.3%)	-£267.84
Potential profits	£106.39		+£57.58
Yr 8 Dividends	£93.44		+£33.17
Yr 8 Interest	£0.67		+£0
Yr 8 Profit from sales	-£9,820.16		+£0
Yr 8 proj avg monthly profit	-£2,117.22	(-40.9%)	+£119.00
Total Dividends	£14,236.22		+£33.17
Total Interest	£0.92		+£0
Total Profit from sales	£10,613.59		+£0
Average monthly cash profit	£268.67	(5.2%)	-£0.33
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	38%		+0%

Cash went up by £33 thanks to a £33.17 dividend from APAX:Apax Global Alpha, and potential profits went up by £57 as EDV:Endeavour Mining and UKW:Greencoat UK Wind both went into profit. Granted UKW only by 11p, but nice to have it green.

Just the same as the ISA.

The trading account looks like this after week 350 overall and week 38 of year 7.

			Weekly Change
Cash	£20.25		+£0
Portfolio cost	£1,763.50		+£0
Portfolio sell value (bid price - commission)	£951.54	(-46.0%)	-£37.09
Potential profits	£0		+£0
Year 7 Dividends	£0.00		+£0
Year 7 Interests	£0.02		+£0
Year 7 Profit	-£1,157.99		+£0
Yr 7 proj avg monthly profit	-£131.97	(-89.8%)	+£3.57
Dividends	£60.10		+£0
Interest	£0.02		+£0
Profit from sales	-£930.69		+£0
Average monthly cash profit	-£10.78	(-7.3%)	+£0.03
(Sold stocks profit + Dividends - Fees / Months)

JLP:Jubilee Metals is half my holding and dropped 5%, so value fell by £37. I need a blockbuster update from JLP or OPTI:Optibiotix to get this moving.

I suspect we will cross below the trend line next week and start flattening it.

As with previous weeks, I haven't the heart to write anything else or speculate on what might happen next week, as I can't remember the last time anything nice happened. I'm just bracing myself for the next lot of bad news.

Week 399 Review - A new all-time low despite recovery in magic formula shares

There was some recovery in magic formula shares this week, but a 1p drop in PBX:Probiotix and 0.5p drop in both JLP:Jubilee Metals and OPTI:Optibiotix meant all my largest holdings fell and the deficit widened by £2,197 to a new record of £125,134 and portfolio value dropped to £54,690. As with last week and all the recent weeks, I struggle to find the enthusiasm to write any more.

PBX:Probiotix Health was the worst performer in my recently bedded ISA shares which dropped 13%.

CAML:Central Asia Metals have been falling ever since I reluctantly sold most of my holding. If only I hadn't moved it all to JLP:Jubilee Metals which has fallen much more! This week CAML dropped another 5% to go 14% down.

JLP:Jubilee Metals dropped another 5% as my timing proves to be completely and utterly wrong.

Good news for GAW:Games Workshop, which climbed 6% and is now in profit by 3%. I'll be bedding into an ISA in April so may actually register a profitable sale.

EDV:Endeavour Mining climbed a healthy 7% as the gold price went up, and is almost in profit, down less than 1%.

III:3i Group went up 9% to go 10% up in my SIPP. Shame it's one of my smallest holdings, and shame I'm about to buy my monthly investment next week when the price is so high.

WHR:Warehouse REIT wins Share of the Week. It also climbed 9% and is still 8% down, but is a bigger holding than III so the rise was more satisfying.

Here's the ISA and shares portfolio after week 35 of year 8.

			Weekly Change
Cash	£145.21		+£117.47
Portfolio cost	£86,217.02		+£0
Portfolio sell value (bid price-commission)	£25,224.69	(-70.7%)	-£1,089.41
Potential profits	£28.02		+£28.02
Yr 8 Dividends	£17.56		+£17.47
Yr 8 Interest	£0.12		+£0
Yr 8 Profit from sales	-£10,815.68		+£0
Yr 8 proj avg monthly profit	-£1,340.46	(-27.5%)	+£41.65
Total Dividends	£11,786.48		+£17.47
Total Interest	£0.12		+£0
Total Profit from sales	£17,278.38		+£0
Average monthly cash profit	£311.80	(6.4%)	-£0.59
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	49%		+0%

I added £100 to my ISA to cover monthly fees for the next 12 months, as I won't be opening a new one with Hargreaves Lansdown, but spreading my risk between providers and opening one with AJ Bell. I also got a £17 dividend from ASHM:Ashmore Group, now I've started buying dividend paying shares in this account and not just the SIPP.

Much joy as GAW:Games Workshop goes into potential profit by £28.

Same old story of misery and decline

The SIPP looks like this after week 383 overall and week 19 of year 8.

			Weekly Change
Cash	£380.61		+£16.79
Portfolio cost	£91,844.47		+£0
Portfolio sell value (bid price - commission)	£28,477.42	(-69.0%)	-£1,059.03
Potential profits	£48.81		+£45.92
Yr 8 Dividends	£60.27		+£16.79
Yr 8 Interest	£0.67		+£0
Yr 8 Profit from sales	-£9,820.16		+£0
Yr 8 proj avg monthly profit	-£2,236.22	(-43.2%)	+£128.28
Total Dividends	£14,203.05		+£16.79
Total Interest	£0.92		+£0
Total Profit from sales	£10,613.59		+£0
Average monthly cash profit	£269.00	(5.2%)	-£0.51
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	38%		+0%

Cash went up thanks to a £16 dividend from EDV:Endeavour Mining. and potential profits went up by £45 thanks to III:3i Group. A few more weeks and I'll need to change the sell value colour from crimson to red as we dip below 75% loss. It seems inevitable based on current trajectory.

Actually resting on the trend line which we've been following so relentlessly down.

The trading account looks like this after week 349 overall and week 37 of year 7.

			Weekly Change
Cash	£20.25		+£0
Portfolio cost	£1,763.50		+£0
Portfolio sell value (bid price - commission)	£988.63	(-43.9%)	-£49.43
Potential profits	£0		+£0
Year 7 Dividends	£0.00		+£0
Year 7 Interests	£0.02		+£0
Year 7 Profit	-£1,157.99		+£0
Yr 7 proj avg monthly profit	-£135.54	(-92.2%)	+£3.76
Dividends	£60.10		+£0
Interest	£0.02		+£0
Profit from sales	-£930.69		+£0
Average monthly cash profit	-£10.81	(-7.4%)	+£0.03
(Sold stocks profit + Dividends - Fees / Months)

All last weeks gains and a bit more were wiped out as everything fell. What a joke.

Even after realising all those losses, this is still determined to get back below the trend line and start flattening it.

As with all the recent weeks, I'm going through the motions writing this. I've lost all interest and enthusiasm. There's only so much you can take before you've had enough, and at the moment I've had enough.

Week 398 Review - Relatively flat but Optibiotix drop results in new all-time low

This would have been a positive week, up by around £500, but OPTI:Optibiotix did what it usually does just after I buy some more, and dropped 0.5p so I ended up down by £463 to reach yet another all-time low and extend the deficit to £122,936 while the portfolio value dropped to £57,192.

Biggest loser was WHR:Warehouse REIT which dropped 6% and is now 17% down.

SBTX:SkinBioTherapeutics dropped another 5% after another week when absolutely nothing happened and it starts to feel like they will never sell their lysate to anyone.

EDV:Endeavour Mining climbed 5% for the 2nd week in a row but they are still 7% down. At least it's single figures, unlike most of the others.

JLP:Jubilee Metals recovered by between 5 and 7% depending what I paid for them, but most of my shares are still around 30% down, so my master plan to buy loads after the warrants expired was a disaster.

III:3i Group recovered 5% and are now my only share in profit. Shame it's my smallest holding as I've been buying with my monthly savings. I have increased that from £130 a month to £250 a month to make up for my work pension contributions dropping off by 20% when I go to a 4-day week. It means I will get to my £1,000 holding in another 2 months, and in future get to each £1,000 in 4 months, so much more opportunity for increasing my range of magic formula shares.

IES:Invinity Energy dropped in price, but thanks to my open offer holding reducing my average price, it appeared to climb by 6%. It is however 87% down.

Share of the Week goes to GAW:Games Workshop which climbed 6% and is now only 3% down.

Here's the ISA and shares portfolio after week 34 of year 8.

			Weekly Change
Cash	£27.74		+£0
Portfolio cost	£86,217.02		+£0
Portfolio sell value (bid price-commission)	£26,314.10	(-69.5%)	-£190.26
Potential profits	£0		+£0
Yr 8 Dividends	£0		+£0
Yr 8 Interest	£0.12		+£0
Yr 8 Profit from sales	-£10,815.68		+£0
Yr 8 proj avg monthly profit	-£1,382.11	(-28.4%)	+£41.88
Total Dividends	£11,768.92		+£0
Total Interest	£0.12		+£0
Total Profit from sales	£17,278.38		+£0
Average monthly cash profit	£312.39	(6.4%)	-£0.79
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	49%		-1%

Very little happened - one of the flattest weeks ever, but as usual it ended up down.

Still doggedly following the trend line downwards as I have been for about 2 years.

The SIPP looks like this after week 382 overall and week 18 of year 8.

			Weekly Change
Cash	£363.82		+£107.50
Portfolio cost	£91,844.47		+£0
Portfolio sell value (bid price - commission)	£29,536.45	(-67.8%)	-£312.65
Potential profits	£2.89		+£2.89
Yr 8 Dividends	£43.43		+£0
Yr 8 Interest	£0.67		+£0
Yr 8 Profit from sales	-£9,820.16		+£0
Yr 8 proj avg monthly profit	-£2,364.50	(-45.7%)	+£139.08
Total Dividends	£14,186.21		+£0
Total Interest	£0.92		+£0
Total Profit from sales	£10,613.59		+£0
Average monthly cash profit	£269.51	(5.2%)	-£0.71
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	38%		+0%

I received a tax rebate for £107 to increase cash, and III:3i Group went into profit but by just £2. Year 8 projected performance will improve considerably each week I don't make a loss, but I can't see any way I'm going to get back the £9,820 losses in the remaining 34 weeks of year 8. It's definitely heading towards being my worst ever year by some margin.

Same story as the ISA

The trading account looks like this after week 348 overall and week 36 of year 7.

			Weekly Change
Cash	£20.25		+£0
Portfolio cost	£1,763.50		+£0
Portfolio sell value (bid price - commission)	£1,038.06	(-41.1%)	+£39.58
Potential profits	£0		+£0
Year 7 Dividends	£0.00		+£0
Year 7 Interests	£0.02		+£.0
Year 7 Profit	-£1,157.99		+£0
Yr 7 proj avg monthly profit	-£139.30	(-94.8%)	+£3.98
Dividends	£60.10		+£0
Interest	£0.02		+£0
Profit from sales	-£930.69		+£0
Average monthly cash profit	-£10.84	(-7.4%)	+£0.03
(Sold stocks profit + Dividends - Fees / Months)

I recovered last week's losses. It would be nice if I could do that every week, but extremely unlikely.

Unfortunately this chart is only heading upwards because I keep realising losses. The top chart showing an injection amount of just over £2,500 vs a value of just over £1,000 shows the true desperation of this account.

There's nothing to look forward to next week and generally no hope. It's getting harder and harder to write this every week because it feels like a broken record. In  past years I'd get bad weeks but then absolutely brilliant weeks to make up for them. These days it's bad on top of bad with no respite. It's become a chore rather than a pleasure.

Week 397 Review - Yet another all-time low

What an utterly dreadful week. I'm writing this a week later as I was too depressed to do it any sooner, and it's going to be very brief. I did a bed and ISA on my OPTI:Optibiotix and PBX:Probiotix share account shares because of the draconian reductions in capital gain tax allowances. I bought them back for the same price I sold them in my ISA but it registered a loss of £2,455. If you add that to the widening of the deficit between cost and value of £1,383, then the portfolio lost £3,824. The deficit is now £122,473 and portfolio value just £57,656.

The following drops, many of which are magic formula shares, would have stopped out nearly all my holdings. I decided the drop wasn't based on those shares, but the general market, so I abandoned the 15% stop loss else it would have cost me about £1,500 in realised losses. Let's hope they do turn around.

IGG:IG Group lost 14% to go 14% down.

CAPD:Capital lost 10% to go 15% down.

ASHM:Ashmore Group lost 7% to go 17% down.

III:3i Group lost 7% to go 4% down.

RIO:Rio Tinto lost 7% to go 13% down.

APAX:Apax Global Alpha lost 6% to go 16% down.

CAML:Central Asia Metals lost 6% to go 11% down.

OPTI:Optibiotix lost 5% where the holdings were bought between 10p and 20p to go 43% down, with my other shares more like 80% down.

PLUS:Plus 500 lost 5% to go 11% down.

SBTX:SkinBioTherapeutics lost 5% to go 54% down.

EDV:Endeavour Mining went up thanks to a rally in the gold price. It only went up by 5% and is still 12% down.

Share of the Week is BLU:Blue Star Capital which went up 8%, but is still 69% down and I have a tiny holding, so it didn't do anything to offset the losses above.

Here's the ISA and shares portfolio after week 33 of year 8.

			Weekly Change
Cash	£27.74		-£91.58
Portfolio cost	£86,217.02		-£1,595.68
Portfolio sell value (bid price-commission)	£26,504.36	(-69.3%)	-£1,018.29
Potential profits	£0		-£17.90
Yr 8 Dividends	£0		+£0
Yr 8 Interest	£0.12		+£0
Yr 8 Profit from sales	-£10,815.68		-£2,455.09
Yr 8 projected avg monthly profit	-£1,423.99	(-29.6%)	-£288.23
Total Dividends	£11,768.92		+£0
Total Interest	£0.12		+£0
Total Profit from sales	£17,278.38		-£2,455.09
Average monthly cash profit	£313.18	(6.5%)	-£27.68
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	50%		-4%

Selling OPTI:Optibiotix to bed and ISA meant I got 11.25p after paying 64.87p so took a paper loss of £2,147.23 (82.8%) but kept almost the same number of shares which are regarded as being bought at 11.25p. I also added £760 I got for my pension payment and a premium bond win and bought 6,536 more at 11.445p, even though I promised I wouldn't get any more. I couldn't really face buying anything else right now. I also took a £307.86 (65%) paper loss on PBX:Probiotix when I sold them for 7p after buying at 21p, although I didn't buy them as they were a dividend, but I valued the dividend at 21p so that was the virtual price I paid.

The value dropped an additional £1,018, and nothing is in paper profit. Long term performance took a big hit but I'm hoping it's the last forced sale for a while, until something else goes bust.

The SIPP looks like this after week 381 overall and week 17 of year 8.

			Weekly Change
Cash	£256.32		-£0.75
Portfolio cost	£91,844.47		+£0
Portfolio sell value (bid price - commission)	£29,849.10	(-67.5%)	-£1,921.56
Potential profits	£0		-£13.45
Yr 8 Dividends	£43.43		+£0
Yr 8 Interest	£0.67		+£0
Yr 8 Profit from sales	-£9,820.16		+£0
Yr 8 projected avg monthly profit	-£2,503.858	(-48.4%)	+£156.31
Total Dividends	£14,186.21		+£0
Total Interest	£0.92		+£0
Total Profit from sales	£10,613.59		+£0
Average monthly cash profit	£270.22	(5.2%)	-£0.72
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	38%		+0%

Not much happened other than a great big drop in value and all potential profits wiped out. Spiffing.

The trading account looks like this after week 347 overall and week 35 of year 7.

			Weekly Change
Cash	£20.25		+£0
Portfolio cost	£1,763.50		+£0
Portfolio sell value (bid price - commission)	£998.48	(-43.4%)	-£39.53
Potential profits	£0		+£0
Year 7 Dividends	£0.00		+£0
Year 7 Interests	£0.02		+£.0
Year 7 Profit	-£1,157.99		+£0
Yr 7 projected avg monthly profit	-£143.28	(-97.5%)	+£4.22
Dividends	£60.10		+£0
Interest	£0.02		+£0
Profit from sales	-£930.69		+£0
Average monthly cash profit	-£10.87	(-7.4%)	+£0.03
(Sold stocks profit + Dividends - Fees / Months)

What a surprise, everything dropped in value.

Not writing anything else as I'm totally fed up.

Week 396 Review - Dreadful week takes us to new record low

Every week it gets worse. JLP:Jubilee Metals, OPTI:Optibiotix and PBX:Probiotix all dropped this week and are my biggest holdings. The deficit between cost and value grew by £3,915 to £121,089 and total portfolio value dropped to £59,727. Yet another all-time low.

JLP:Jubilee Metals was worst performer dropping between 10% and 14% of my purchase price depending what I bought it for. That accounted for a big chunk of the losses this week.

RIO:Rio Tinto plummeted 9% and has gone from profit to a 6% loss.

ASHM:Ashmore Group dropped 8%, as did BLU:Blue Star Capital. Thank goodness I sold my quick trade there else I'd be stuck.

SBTX:SkinBioTherapeutics fell 8% for no apparent reason. I think people are getting bored waiting for a Croda deal.

EDV:Endeavour Mining dropped 6% to go 17% down which should have triggered a stop loss, but I think if the whole market is down, then I should hold on to them.

III:3i Group dropped 6% after doing so well recently. They are still 3% up which is a relief.

WHR:Warehouse REIT also dropped 6% to go 9% down altogether.

No share deserved Share of the Week this week as they were all rubbish.

Here's the ISA and shares portfolio after week 32 of year 8.

			Weekly Change
Cash	£119.32		+£102.25
Portfolio cost	£87,812.70		+£0
Portfolio sell value (bid price-commission)	£27,522.65	(-68.7%)	-£1,818.62
Potential profits	£17.90		-£13.02
Yr 8 Dividends	£0		+£0
Yr 8 Interest	£0.12		+£0.02
Yr 8 Profit from sales	-£8,360.59		+£0
Yr 8 projected avg monthly profit	-£1,135.76	(-23.7%)	+£36.11
Total Dividends	£11,768.92		+£0
Total Interest	£0.12		+£0.02
Total Profit from sales	£19,733.47		+£0
Average monthly cash profit	£340.86	(7.1%)	-£0.90
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	54%		+0%

I added £100 in preparation for an IES:Invinity Energy open offer where I intend to double my holdings and half my average share price. Aside from that, there's a big drop in value and a 2p interest payment.

Still we drop

Just staying above the trend line but following it downwards.

The SIPP looks like this after week 380 overall and week 16 of year 8.

			Weekly Change
Cash	£257.07		+£44.04
Portfolio cost	£91,844.47		+£113.24
Portfolio sell value (bid price - commission)	£31,770.66	(-65.4%)	-£1,987.62
Potential profits	£13.45		-£49.95
Yr 8 Dividends	£43.43		+£15.38
Yr 8 Interest	£0.67		+£0.15
Yr 8 Profit from sales	-£9,820.16		+£0
Yr 8 projected avg monthly profit	-£2,659.89	(-51.4%)	+£178.72
Total Dividends	£14,186.21		+£15.38
Total Interest	£0.92		+£0.15
Total Profit from sales	£10,613.59		+£0
Average monthly cash profit	£270.94	(5.2%)	-£0.66
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	38%		+0%

I got a £15 dividend from IGG:IG Group which took my total from them to £101 or 10% over 2 years. I bought 7 shares in III:3i Group for 1588.251p costing £113.24 as part of my monthly savings. I've increased my savings amount to £250 a month from April as I'm taking a 20% pay cut to work 4 days a week and so my work pension payments will drop. This will make up for it.

Potential profits are nearly wiped out and there was a big drop in value, and 15p interest doesn't go very far to plug that hole.

Dire

As with the ISA, just above the trend line but I've been following it down for 2 years solid.

The trading account looks like this after week 346 overall and week 34 of year 7.

			Weekly Change
Cash	£20.25		+£0.01
Portfolio cost	£1,763.50		+£0
Portfolio sell value (bid price - commission)	£1,038.01	(-41.1%)	-£108.76
Potential profits	£0		+£0
Year 7 Dividends	£0.00		+£0
Year 7 Interests	£0.02		+£.0.01
Year 7 Profit	-£1,157.99		+£0
Yr 7 projected avg monthly profit	-£147.50	(-100.4%)	+£4.47
Dividends	£60.10		+£0
Interest	£0.02		+£0.01
Profit from sales	-£930.69		+£0
Average monthly cash profit	-£10.90	(-7.4%)	+£0.03
(Sold stocks profit + Dividends - Fees / Months)

Massive drop in value as both JLP:Jubilee Metals and OPTI:Optibiotix drop, with most of the losses down to JLP. The curse of the trading account continues. Much excitement with 1p interest.

I don't know why I bother

Above the trend line but plunging towards it.

I don't know what to do. Every week is the same. Nothing is going right and I'm losing thousands nearly every week. I keep asking how long can it go on, but it's been happening for 2 years and I don't see it stopping until I have nothing left. I'll never get to retire if this continues.

Week 395 Review- Down by just £2 but still new record low

This was possibly the flattest week ever, with the deficit between cost and value only going down by £2, but it does mean a new all-time low. The deficit its now £117,174 and total portfolio value £64,383.

Worst performer was PSN:Persimmon, dropping 8% to go 12% down just a few weeks after I bought them.

JLP:Jubilee Metals dropped 5% which was expensive given it's one of my biggest holdings.

EDV:Endeavour Mining climbed 5% but is still 11% down a few weeks after I bought them.

PAGE:Page Group climbed 6% and is now 3% up.

Share of the week was RIO:Rio Tinto which climbed 8% and is now 3% up.

Here's the ISA and shares portfolio after week 31 of year 8.

			Weekly Change
Cash	£17.07		+£0
Portfolio cost	£87,812.70		+£0
Portfolio sell value (bid price-commission)	£29,341.27	(-66.5%)	+£134.48
Potential profits	£30.92		+£30.92
Yr 8 Dividends	£0		+£0
Yr 8 Interest	£0.10		+£0
Yr 8 Profit from sales	-£8,360.59		+£0
Yr 8 projected avg monthly profit	-£1,210.94	(-24.3%)	+£39.07
Total Dividends	£11,768.92		+£0
Total Interest	£0.10		+£0
Total Profit from sales	£19,733.47		+£0
Average monthly cash profit	£342.63	(7.1%)	-£0.87
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	54%		+0%

Hardly any change, with a £134 rise in value and £30 increase in potential profits.

No sign of recovery yet.

Above the trend line, but very close.

The SIPP looks like this after week 379 overall and week 15 of year 8.

			Weekly Change
Cash	£213.03		-£4,877.94
Portfolio cost	£86,853.29	+	£4,877.94
Portfolio sell value (bid price - commission)	£33,645.04	(-66.9%)	-£129.92
Potential profits	£63.40		+£34.86
Yr 8 Dividends	£28.05		+£0
Yr 8 Interest	£0.52		+£0
Yr 8 Profit from sales	-£9,820.16		+£0
Yr 8 projected avg monthly profit	-£3,041.37	(-55.4%)	+£202.76
Total Dividends	£14,170.83		+£0
Total Interest	£0.77		+£0
Total Profit from sales	£10,613.59		+£0
Average monthly cash profit	£272.32	(5.3%)	-£0.72
(Sold stocks profit + Dividends - Fees / Months)
Compound performance	38%		+0%

I'm not very good at keeping cash, so I spent the proceeds from the CAML:Central Asia Metals sale, but am hoping for a quick profit so I can buy more of them back before the next dividend.

I initially bought a long-term magic formula share, with 639 shares in UKW:Greencoat UK Wind at 156.36p costing £1,016.09. They pay a quarterly dividend with a good rate and are in the top 30 of my ranking spreadsheet.

I bought 2 lots of JLP:Jubileee Metals because the warrants have been purchased now so there should be no more selling to enable those purchases. Initially I bought 21,008 at 9.52p costing £2,011.91, then I bought another 19.017 at 9.665p costing £1,849.94. There had better be good news soon to justify this spending, especially as the shares are down 5% this week.

Annual profits are a write-off after the collapse of DDDD:4D Pharma, and it's a miracle I'm still making 5.3% long-term. Just a shame the portfolio value is down 67% which negates all that.

Slightly down and still rubbish.

Ass with the ISA it's following the trend line.

The trading account looks like this after week 345 overall and week 33 of year 7.

			Weekly Change
Cash	£20.24		+£0
Portfolio cost	£1,763.50		+£0
Portfolio sell value (bid price - commission)	£1,146.77	(-35.1%)	-£7.42
Potential profits	£0		+£0
Year 7 Dividends	£0.00		+£0
Year 7 Interests	£0.01		+£0
Year 7 Profit	-£1,157.99		+£0
Yr 7 projected avg monthly profit	-£151.97	(-103.6%)	+£4.75
Dividends	£60.10		+£0
Interest	£0.01		+£0
Profit from sales	-£930.69		+£0
Average monthly cash profit	-£10.93	-(7.5%)	+£0.04
(Sold stocks profit + Dividends - Fees / Months)

A £7 drop is better than usual.

Desperate

I suspect the trend line will flatten itself very soon when we dip below it.

Not a bad week, but a new record low is still a new record low even if only by £2.