SIPP PROGRESS

Current Value (As at 8th November 2021) = £307,654including cash

Value at 8th November 2021 = £307,654
Target for 8th November 2022 = £359,355
Target for 31st December 2021 = £300,000
Value of SIPP at commencement of this blog on 1st August 2012 = £51,684.02.

Capital Growth is equivalent to 12.905%pa since Aug 2012 (not including monthly contributions and occasional deposits).


Sunday 15 December 2019

SIPP Portfolio Update 16th December 2019

It has been a long time since I posted my last blog on Pensionbuilder.
The market fell off a cliff in October 2018, and the state of the portfolio was too bad for me to write about, it was a storm I had to weather alone.
When I wrote my last blog, the SIPP had a value of £158,613 and I had shaped it to what I thought was a recovery made.
Those companies that I sold off were:-
British Aerospace (BA.) - the SP of this company is now still lower than when I sold my holding at 588 on 12th October 2018. 
Genus (GNS) - I sold this company as 2425 on 2nd October 2018, and the SP is now at 3234 (from a year-low of 2122), so while it was a good decision to sell perhaps I should have bought back in when the SP had recovered from the bottom. However, for a company with a value of over £2bn revenue is under £500m and profit before tax is under £10m.
Safecharge Group (SCH) - sold at 285 on the 12th October 2018, is a company that I should have held onto, as it was bought-out in a successful bid in May 2020.
Other holdings sold during the year:-
FDM Group (FDM)
GVC Holdings (GVC)

Current holdings in the SIPP (as at Friday 13th December 2019)
Blackrock Smaller Co IT (BRSC) holding now = 1,234 (up 34); Value = £20,212
GB Group (GBG) holding now = 2,941(up 1540); Value = £32,890
HG Capital Trust IT (HGT) holding now = 10,637 (n/c); Value = £26,858
Homeserve (HSV) holding now = 2,216 (up 690); Value = £27,567
Keywords Studios (KWS) holding now = 1,570 (up 310); Value = £25,511
Legal & General (LGEN) holding now = 6618 (up 2325); Value = £27,240
Segro PLC (SGRO) holding now = 3,257 (up 634); Value = £28,205
Recent purchases (in the past week)
Diploma (DPLM) bought 270; Value = £5,338
Marshalls (MSLH) bought 668; Value = £5,454
Portfolio Value = £195,715
Cash: holding now = £43
Portfolio Value = £195,758