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Monday, October 17, 2011

Weekly Update - Week Ending 14 October 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 30/09/11):
Close (Friday 7/10/11):
Percentage Change:
XJO
4162
4196
0.82%
XSO
2337
2361
1.03%


The market was a little bit more subdued this week with the ASX 200 only managing a gain of 0.82%. The Small Ords performed slightly better and ended the week up 1.03%.

My portfolio didn’t fare any better. The most significant stock of the week was OBJ, which saw some strong trading and the price hover between 0.019 and 0.20 for most of the week. Unfortunately the sellers managed to push it down to 0.018 in the final minutes of Friday trading.

MHM gave up some of its gains from last week closing down 4.23% or 3 cents and KGL did nothing. Overall this resulted in a 0.80% increase, which was largely in line with the broader market.



Code:
Weighting:
Share Price Friday (7/10/2011)
Share Price Friday (14/10/2011)
Percentage Change:
Weighted Change:
OBJ
19.00%
0.017
0.018
5.88%
1.12%
MHM
7.44%
0.710
0.680
-4.23%
-0.31%
KGL
11.47%
0.097
0.097
0.00%
0.00%
Cash
62.09%


0%
0.00%
TOTAL



0.552%
0.80%


Removing cash increases the significance of OBJ’s move, but it is nothing to get excited about.


Code:
Weighting:
Share Price Friday (7/10/2011)
Share Price Friday (14/10/2011)
Percentage Change:
Weighted Change:
OBJ
50.12%
0.017
0.018
5.88%
2.95%
MHM
19.62%
0.710
0.680
-4.23%
-0.83%
KGL
30.26%
0.097
0.097
0.00%
0.00%
TOTAL




2.12%


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