CDN: Status of the Canadian Fantasy Portfolio On Jan 24/20
Well the Chinese virus problem is having a global effect on stock prices in a negative way. It looks to be the reason many investors are reeling in their profits.
Our Canadian Portfolio is one of those as we have sold our 2000 shares of Cdn Utilities & Telecom Inc Fund. It was a weak producer...one that we held mainly for the dividend it produced but if we did not sell at this point for a small profit in Capital gains we risked losing the dividends due to a loss in Capital gains.
Canadian Fantasy Stock Portfolio Update...Jan 24/20
Transaction History
Transaction................................................. Comments............................................................. Amount
..... Date
.......................... Initial investment........................................................................................... 100,000.00
06-Aug-19........ Buy 2000 shares of Centerra Gold @ $10.88/ share........................................ -21,760.00
23-Aug-19........ Buy 1500 shares of Dream Global REIT @ $14.39/share................................ -21,585.00
13-Sep-19........ Sale of 2000 shares of Centerra Gold @ $10.50/share .................................... 21,100.00
16-Sep-19........ Market buy of 5000 shares of Peyto Exploration and Dev filled @ $4.08/shr... -20,400.00
16-Sep-19........ Dividend distribn on 1500 shares of Dream Global REIT @ $0.06667/share......... 100.05
30-Sep-19........ Market buy of 2000 shares of Cdn Utilities & Telecom Inc Fund @ $9.76/shr.. -19,520.00
07-Oct-19......... Stop-loss sale of 5000 shares Peyto Exploration & Dev filled @ $2.72/share... 13,750.00
10-Oct-19......... Market buy of 20,000 shares of Kraken Sonar @ $0.70/share......................... -14,000.00
11-Oct-19.......... Limit Sale of 1,500 shares of Dream Global REIT @ $16.68 ........................... 25,020.00
31-Oct-19..........Dividend distribution on 2000 shares of Cdn Util&Telecom @ $0.05781/share...... 115.62
20-Nov-19..........Buy 2000 shares of AI.TO @ $14.06/share...................................................... -28,120.00
29-Nov-19..........Dividend distribution on 2000 shares of Cdn Util&Telecom @ $0.05746/share...... 114.92
12-Dec-19..........Dividend distribution on 2000 shares of Atrium Mtg Invt Corp @ $0.075/share...... 150.00
16-Dec-19..........Limit Sale of 20,000 shares of Kraken Sonar @ $0.59/share..............................11,800.00
31-Dec-19..........Dividend distribution on 2000 shares of Cdn Util&Telecom @ $0.0596/share........ 119.12
03-Jan- 20......... Limit Buy of 3000 shares of Maverix Metals @ $6.49/share............................. -19,470.00
15-Jan- 20......... Market buy of 20,000 shares of Taseko Mines @ $0.75/share ........................ -15,000.00
21-Jan-20.......... Market sale of 2000 shares of Cdn Utilities & Telecom Inc Fund @ $10.12 .... 20,240.00
.................................................................................................................................................... ---------------
............................................................................Cash on hand including any dividends....... $32,654.71
Current Portfolio as of Jan 24/2019
Ticker.................. Company......................Shares..... Price.........Value....... % Gain/loss...Dividends*
AI.TO...................Atrium Mortgage Invt Corp..2,000 ......14.67 ....... 29,340.00 ..... 5.41% ...... 300.00
MMX.TO............. Maverix Metals................... 3,000 ....... 6.60 ....... 19,800.00 ..... 1.69%
TKO.TO.............. Taseko Mines ................... 20,000 ...... 0.65 ....... 13,000.00 ..... 13.33%
....................................................................................................... ----------------
............................................................Total value of stocks........ $62,140.00
* Dividends are for reference only the cash is added to Cash on hand
Total Portfolio Value Summary
Cash on hand:.... $32,654.71
Total Value Trend
Date................... Value %Gain/Loss
02-Aug-19..... $100,000.00
23-Aug-19..... $102,050.00...... 2.05%
30-Aug-19..... $102,625.00...... 2.63%
06-Sep-19..... $100,570.00...... 0.57%
13-Sep-19..... $ 99,010.00...... 0.99%
20-Sep-19.... $101,210.00 ..... 1.21%
27-Sep-19.... $ 99,620.00 ..... 0.38%
04-Oct-19..... $ 96,265.05 ..... 3.73%
11-Oct-19..... $ 95,945.05 ..... 4.05%
18-Oct-19..... $ 96,065.05 ..... 3.93%
25-Oct-19..... $ 95,845.05 ..... 4.15%
01-Nov-19 ... $ 96,460.67 ..... 3.53%
15-Nov-19 ... $ 95,200.67 ..... 4.80%
22-Nov-19 ... $ 96.220.67 ..... 3.78%
29-Nov-19 ... $ 95,820.67 ..... 4.18%
06-Dec-19 ... $ 95,835.59 ..... 4.16%
13-Dec-19 ... $ 95,125.59 ...... 4.87%
20-Dec-19 ... $ 95,245.59 ...... 4.75%
27-Dec-19 ... $ 95,785.59 ...... 4.21%
03-Jan-20..... $ 97,465.59....... 2.53%
10-Jan-20..... $ 96,694.71....... 3.31%
17-Jan-20..... $ 98,194.71 ...... 1.81%
24-Jan-20......$ 94,794.71 ...... 5.21%
Charts
AI seems relatively healthy at the moment but it is in consolidation again so in this environment things can change. I am not going to place a limit stop loss order on this stock yet but that may change in coming days.
MMX is in a similar situation except that it is entering a resolution to its consolidation which should happen in the next few days...so I will wait on a decision on that stock for the time being.
TKO has taken a pretty big hit in the past few days. The Slow Sto and MACD are in decline as is the BBWidth.... this is NOT a sell signal....the BBWidth would have to change direction for this to be a sell signal.
This may be just an overshoot of the normal gravitation to the 20daySMA. I will hold on ....white knuckled and see this through in a watch.... the status of copper supply has not changed... the financials of the company are little changed..... I think this is extreme profit taking and my present a buying opportunity in the near future.
UE |
