Asia Digital Holdings PLC (ADH)

Well I couldn't contain myself yesterday and sold my Asia Digital Holdings PLC (ADH) shares for 33% profit and then sold some of my Orogen Gold ORE shares as well. I should be more patient but... Today Asia Digital Holdings PLC (ADH) went up to just over 1p so if I had held on I would have made more but I am happy with my profit and I have re-invested the money.
 Yesterday I topped up my ValiRx plc (VAL) shares so I now have 100k shares and today I reinvested in  Edenville Energy EDL as they had some news out about acquiring some more coalfields in Tanzania. I put a limit order in for 1.85p to make a quick day trade but I think it is unlikely the sp will get there today. I was hoping for my first day trade but it is not to be!!

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)

There is a lot of controversy at the moment about the decision to call a meeting next Monday 7thMarch to obtain authority to issue 546M extra shares. Many investors are unhappy because their investment in the company has been slashed as a result of the proposed placing of new shares to raise £3.1M. Some investors who bought at 2.1p are now sitting on shares whose current sp is 0.58p!!! So big paper losses. The placing has resulted in the sp dropping and if approved, it may take some considerable time for some investors to breakeven! The money will enable the company to carry out more research and IF successful then the sp will rise!

Bad week in the markets!!!

This has been a bad week for the markets, well at least for the shares I hold!  There has been a little movement and there are signs that some companies may improve soon but in the main, lots of my shares are doing badly.

I might have news of ALR and VOG on Monday and BVC on the 8^th of March. I am waiting for news of TSTR  at any time and on March 7^th there is a meeting of VAL. Anything is possible but it is very tedious just waiting. The other  week I felt like a trader, buying and selling in a week but now, nothing is happening to enable me to sell and move to another share!!! 

The international situation is difficult, with turbulence in North Africs and it didn't help this morning with the London Stock Exchange down for several hours and no trading!

Ah well, perhaps next week will be better.

End of the week round up

Well the week started well with Thor mining going up and me selling. Then I bought Valirx and Pinnacle Telecom expecting a bit of movement and nothing happened. Either it has been a very quiet week or the problems with the new software at the London Stock Exchange have had an effect on trading.
Monday are the results for PINN and lost of people on the bb are getting excited. I have a feeling that even with good news the price will; go down and I will be stuck in PINN for some time to come! If I can sell and make a profit, then I want to top up on TSTR, PTCM orBVC and also buy some Medavinci MVC a mining company with interests in some old gold mines.Ah well, we will see.

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.