03 October 2018
By Maynard Paton
Happy Wednesday! I hope you continue to find my Blog useful… and that your shares served you well during the summer.
Unfortunately, my portfolio has not exactly sizzled during the last three months.
In particular, notable price advances from Andrews Sykes and Mincon were offset by further declines at System1 and Tasty. Elsewhere, highly rated holdings FW Thorpe and Tristel have come off the boil, while stagnant positions Mountview Estates and Oleeo remain, well, stagnant.
It has all meant that, nine months into the year, I am up 4.4% versus a 1.0% total return produced by the FTSE 100*. No doubt about it, my gains this year have been far from stellar. But following two years of lagging the index, I will happily take my current outperformance for 2018.
Recent RNSs from my shares have been broadly positive. Once again there was a mix of satisfactory to lacklustre statements, and I am glad no major horror stories emerged.
And I did venture to one AGM, which helped prompt my portfolio’s only Q3 trading.
Read moreQ3 2018: 1 Top-Up And My SharePad Side-Income