ValiRx plc (VAL)

Well an interesting day today! Sareum kicked off and went from 1.05p to 2.3p and took a few bio companies along. Val started to move up and got to 0.7p before finishing at 0.61p. The cynical among us would say that it was a ruse to get the sp close to the placement price of 0.6p before the meeting on Monday!!!!!!!!!!!!

I have decided to chart my profits this year. So I have produced an Excel spreadsheet that charts week number against profit each week and average profit/week so it is easy to see how I am doing. If you recall, I want to increase my portfolio to £25000 by the end of the year. That is about £12000 or £230 a week! Currently I am averaging £81/week so I have a bit of a way to go. 

Up to now I have been making profits in the tens and hundreds of pounds, so my target is to make a profit of more than £1000! The shares that I have hopes of doing that with are:

Victoria Oil and Gas VOG       current sp 5.5p target sell 10p

Porta Communications PTCM     current sp 0.23p target sell 0.5p

If I achieve these targets then it will improve the average profit/week!!

ValiRx plc (VAL)

With the money left over from the sale of THR, I bought some ValiRx plc (VAL) shares.I have been watching these for a while and they have been mainly 0.3p to 0.4p. Then last week they announced that they had a self check product for CHLAMYDIA and the shares went potty!! The sp went to 2p and then they issued a placing and raised over £3M amd the sp dropped to 0.7p. The product is beneficial and if marketed properly, there is no reason why this share shouldn't increase in value significantly.
I am only here for the short term as I wish to increase my holding in TSTR when they announce their placing. So any rise over 1p will be fine for me. If it shoots up to 5p like SAR then I will be very pleased but in reality it is just short term.

Pinnacle Telecom Group plc (PINN)

Well,I sold my THR shares for 12.3% profit in 2 days. I then decided that I would buy 200000 shares in Pinnacle Telecom Group plc (PINN) at 0.5p. I have been watching this share for months but didn't have the inclination or funds to buy. Also it is their half year results on Monday so the sp should rise up to then and depending on the results could go higher on Monday. We shall see but if the conditions are right then I would like to go back into THR.
With the balance of the money I wanted to buy some Sareum  SAR shares but because of the settlement dates I wasn't able to use all the funds available. I rang TD Waterhouse and eventually they said I would have to wait until tomorrow!

Angel Biotechnology Holdings PLC ABH

Yesterday and today were very exciting for holders of Sareum, who have apparently developed a cure for leukaemia. The shares in SAR went from about 0.48p to over 4p so many people were making lots of money. Angel Biotechnology Holdings PLC  ABH is in the business of stem cell production and one of the directors is also a director of SAR and today the sp of ABH went from 0.39p to 0.52p and people were started to get excited that perhaps ABH would be on for a massive rise.

Well at lunchtime it tailed off but is still up. It was still the 3^rd highest volume traded by the afternoon.  I bought in at 0.502p so I still have some way to go before I am in profit but at least it does give me confidence that ABH may be on the up!!

Also ABH are doing work for Reneuron RENE and another company Physiomics is also doing well, so a good few days for pharmaceuticals.