Weekly Update: Week Ending 9 March 2012

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 02/03/12):	Close (Friday 09/03/12):	Percentage Change:
XJO	4273	4211	-1.45%
XSO	2504	2458	-1.84%

Sorry for the late report. Flat out preparing for my overseas trip (see next post).

Last week the market was down with the ASX 200 down 1.45% and the Small Ords following suit by dropping 1.84%. At the time the market appeared to be in “no man’s land”. Neither the bulls or bears were really winning and we were waiting for a big move one way or another. 

Code:	Weighting:	Share Price Friday (02/03/2012)	Share Price Friday (09/03/2012)	Percentage Change:	Weighted Change:
OBJ	18.61%	0.020	0.023	15.00%	2.79%
MHM	16.26%	0.860	0.830	-3.49%	-0.57%
KGL	30.30%	1.420	1.460	2.82%	0.85%
Trading	14.68%	1.420	1.460	2.82%	0.41%
Cash	20.16%			0%	0.00%
TOTAL	100.00%			5.715%	3.49%

The portfolio continues to perform okay, with the standout performer being OBJ. The price increased by 0.003 cents or 15%.

Kentor Gold also managed to put on another 2.82%. MHM continues to fall which always seems to be the case when news dries up and closed the week down 3.49%.

Overall the portfolio managed a weighted gain of 3.49%, outpacing the broader market by over 5%.

Code:	Weighting:	Share Price Friday (02/03/2012)	Share Price Friday (09/03/2012)	Percentage Change:	Weighted Change:
OBJ	23.31%	0.020	0.023	15.00%	3.50%
MHM	20.36%	0.860	0.830	-3.49%	-0.71%
KGL	37.95%	1.420	1.460	2.82%	1.07%
Trading	18.39%	1.420	1.460	2.82%	0.52%
TOTAL	100.00%				4.37%

Without cash being considered the gain as 4.37%.

Code:	Weighting:	Purchase Price	Current Price:	Percentage Change:	Weighted Change:
OBJ	22.61%	0.023	0.023	0.00%	0.00%
MHM	21.97%	1.100	0.830	-24.55%	-5.39%
KGL	22.10%	0.980	1.460	48.98%	10.82%
TOTAL	66.68%				5.43%

The portfolio also continued to move further into profit (even when excluding cash) and is now up 5.43%.

Weekly Update: Week Ending 3 March 2012

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 17/02/12):	Close (Friday 17/02/12):	Percentage Change:
XJO	4283	4273	-0.23%
XSO	2503	2504	0.04%

It was a relatively quiet week on the ASX with the XJO closing down 0.23% and the XSO adding a very minor 0.04%.

Code:	Weighting:	Share Price Friday (24/02/2012)	Share Price Friday (02/03/2012)	Percentage Change:	Weighted Change:
OBJ	18.91%	0.019	0.020	5.26%	1.00%
MHM	18.20%	0.900	0.860	-4.44%	-0.81%
KGL	27.84%	1.220	1.420	16.39%	4.56%
Trading	13.49%	1.220	1.420	16.39%	2.21%
Cash	21.56%			0%	0.00%
TOTAL	100.00%			11.202%	6.96%

On a portfolio basis however it was another very strong week with Kentor Gold increasing by a further 16.39%. I believe a lot of this strength is due to market becoming more bullish on Andash as Simon Milroy was apparently in the Kyrgyz Republic during the week meeting with the Government/Parliament. I also think our move towards producer status with Burnakura is beginning to be recognised by the market.

OBJ also managed to put on another 5.26%. It did trade higher, hitting an intra-day high of 2.2 cents during the week. Without news however I think it could go back down to 0.019 cents where it seems to stay on a regular basis.

MHM was the poor performer and closed down 4.44%.

Overall the portfolio increased by 6.96% on a weighted basis.

Code:	Weighting:	Share Price Friday (24/02/2012)	Share Price Friday (02/03/2012)	Percentage Change:	Weighted Change:
OBJ	24.11%	0.019	0.020	5.26%	1.27%
MHM	23.20%	0.900	0.860	-4.44%	-1.03%
KGL	35.50%	1.220	1.420	16.39%	5.82%
Trading	17.20%	1.220	1.420	16.39%	2.82%
TOTAL	100.00%				8.88%

Removing cash from the portfolio and the return increased by 8.88%, which is a very strong result.

Code:	Weighting:	Purchase Price	Current Price:	Percentage Change:	Weighted Change:
OBJ	22.61%	0.023	0.020	-13.04%	-2.95%
MHM	21.97%	1.100	0.860	-21.82%	-4.79%
KGL	22.10%	0.980	1.420	44.90%	9.92%
TOTAL	66.68%				2.18%

Finally the portfolio (shares only) finally hit profit. The portfolio is now up 2.18% which is something I have been waiting to see over the last couple of months. If I had included cash in this equation I would have been in profit a while back, however, I wanted to take a more conservative approach with my calculations.