Fantasy Portfolio 2016: week ending 2 September 2016

Monday, 5th September 2016 15:48 - by Moosh

This week:

• I sold 800 SIM shares at 22p for a 10.6% profit
• I bought 3913 Asiamet Resources shares (ARS) at 2.3p (total cost ~£100)
• I bought 1894 Proton Power Systems shares (PPS) at 4.75p (total cost ~£100)

Figure 1: Percentages of change in portfolio value and the proportion of the portfolio held as cash, since 1 January 2016

I am holding the following:

• 3913 shares ARS break even 2.82p (I expect to hold for up to 6 months)
• 1200 shares EME, break even 9.17p (I expect to hold for up to 12 months)
• 163 shares HVN, break even 67.49p (I expect to hold for up to 12 months)
• 3200 shares MWG, break even 8.13p (I expect to hold indefinitely!)
• 1894 shares PPS, break even 5.81p (I expect to hold for up to 12 months)
• 1090 shares RED, break even 10.1p (I expect to hold for up to 12 months)
• 8482 shares UKOG, break even 1.89p (I expect to hold for up to 12 months)
• Cash remaining = £9398.56

If anyone has made profit using hints and tips from my blog and would like to thank me in some way, then you are welcome to donate some of your winnings (as a guide ~1%) to Amnesty International via https://www.justgiving.com/moosh. Thanks!

Related articles:

Fantasy Portfolio 2016 www.lse.co.uk/blogs/member/moosh-blog/mufuwk

Money Management in the RSI Zone www.lse.co.uk/blogs/member/moosh-blog/zy29o4 

The Writer's views are their own, not a representation of London South East's. No advice is inferred or given. If you require financial advice, please seek an Independent Financial Adviser.