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Wednesday, February 1, 2012

Weekly Update: Week Ending 27 January 2011

To calculate the weekly performance on my portfolio I take the close from last Friday to work out the percentage increase/decrease in each stock. This is compared to the ASX 200 (Code: XJO) and the Small Ords (XSO). The Small Ords is comprised of companies included in the ASX 300 index, but not in the ASX 100 index. I include the Small Ords in my comparison as it helps highlight the markets appetite for risk.


Market:
Close (Friday 20/01/12):
Close (Friday 27/01/12):
Percentage Change:
XJO
4239
4288
1.16%
XSO
2374
2390
0.67%


The broader market continued to move forward last week with the XJO increasing by 1.16%. There does however appear to be some caution moving into the market with the Small Ords (XSO) only managing a gain of 0.67%.


Code:
Weighting:
Share Price Friday (20/01/2012)
Share Price Friday (27/01/2012)
Percentage Change:
Weighted Change:
OBJ
19.12%
0.019
0.019
0.00%
0.00%
MHM
17.69%
0.865
0.830
-4.05%
-0.72%
KGL
28.85%
1.250
1.250
0.00%
0.00%
Trading
13.98%
1.250
1.250
0.00%
0.00%
Cash
20.37%


0%
0.00%
TOTAL
100.00%


-1.349%
-0.72%


On the portfolio front it was another disappointing week with OBJ and KGL staying flat and MHM dropping another 4.05%.

Kentors lack of movement can be explained by the share consolidation which has seen volume drop off by a significant amount as it trades on a deferred settlement basis (current code is KGLDA).

Overall the portfolio was down 0.72%


Code:
Weighting:
Share Price Friday (20/01/2012)
Share Price Friday (27/01/2012)
Percentage Change:
Weighted Change:
OBJ
24.01%
0.019
0.019
0.00%
0.00%
MHM
22.21%
0.865
0.830
-4.05%
-0.90%
KGL
36.23%
1.250
1.250
0.00%
0.00%
Trading
17.55%
1.250
1.250
0.00%
0.00%
TOTAL
100.00%



-0.90%


Removing cash does not show too much different give the lack of movement in both OBJ and KGL. Without cash the portfolio decreased in value by 0.90%.


Code:
Weighting:
Purchase Price
Current Price:
Percentage Change:
Weighted Change:
OBJ
22.93%
0.023
0.019
-17.39%
-3.99%
MHM
22.28%
1.100
0.830
-24.55%
-5.47%
KGL
22.41%
0.980
1.250
27.55%
6.17%
TOTAL
67.63%



-3.28%


And finally, the overall portfolio remains 3.28% under water (excluding the gains from my trading stock). Hopefully this figure starts to turn around soon as we have a lot of news coming up with Kentor Gold and MHM progressing with their US expansion.

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