Tracking Results Q1 2021

 See about how i track results here

  The first quarter of 2021 was pretty static .I made a positive return but that was very marginal. Most of my returns came from Macys  appreciation and facebook steadily going up, but that was offset by the substantial losses i got from increasing my position in Pireus Bank which 2 months after increasing my position announced share capital increase . That's another lesson of how careful someone should be when buying banks, price to book ratio which is one of the most loved ratios when buying banks can leave you with a false feeling  of confidence  that you have a big margin of safety.  Asset quality is very important and in the environment that banks work  where capital requirements can change any time,they may force banks quickly change their leverage profile ,even if  banks  have returned to profitability, they may  be forced to do big clean ups in their balance sheet at the expense of shareholders. 

Equity: 12 working Salaries (money i have contributed to the market till now)

Closed positions:

Paperpack Manufacturer (PPAK) : + 65.7 %
Public Power Corporation (DEH): + 65.19
National bank of Greece(ETE): + 99.89%
Pireus Bank: +64.61 %

Profit from closed positions: 4,8 working salaries.

 Portfolio: 
 My Portfolio now  consists of 6 stocks. 

2 Greek stocks: Tpeir (Pireus Bank) and Alphabank.
2 energy stocks: Gulfport Energy (a natural gas upstream company) and Gazprom the biggest natural gas producer in the world 
Lastly i have Facebook and  Macy's.

  In the following  graphs i list the stocks By weight, Country and Sector-industry

 

Total Loss: 2  working salaries

Year on Year monthly  passive income:  - 69% of  monthly working Salary

 2021 1st Quarter Results (monthly adjusted): 5% of monthly working salary  every month

 ROI   ↓ -15.5%  ( This is the total returns i got from my net contributions since i have started investing in the market)

 

Performance Comparison

 

4rd quarter

My portfolio: ↑ 1.31%

S&P: ↑ 6.18%

1 year

My portfolio: ↑ 13.75%

S&P: ↑ 56.36%

Tracking Results: 2020 Year end Results

 See about how i track results here

 

2020 was a very bad  year for my portfolio but also was a year i learned a lot about the stock market and investing in general. My big position on Gulfport Energy ripped off all of my gains from previous closed positions. My positions on Greek banks, Gazprom and Macys start recovering, while Facebook remained a stable winner.  Now there is a small chance that Gulfport makes a small recovery but probably i will lose the few euros left on it. Recovering has already started, i already hit the bottom. So i think better days are coming. During the last quarter i didn't add or sell any of my positions.

Equity: 12 working Salaries (money i have contributed to the market till now)

Closed positions:

Paperpack Manufacturer (PPAK) : + 65.7 %
Public Power Corporation (DEH): + 65.19
National bank of Greece(ETE): + 99.89%
Pireus Bank: +64.61 %

Profit from closed positions: 4,8 working salaries.

 Portfolio: 
 My Portfolio now  consists of 6 stocks. 

2 Greek stocks: Tpeir (Pireus Bank) and Alphabank.
2 energy stocks: Gulfport Energy (a natural gas upstream company) and Gazprom the biggest natural gas producer in the world 
Lastly i have Facebook and  Macy's.

  In the following  graphs i list the stocks By weight, Country and Sector-industry

 

 

Total Loss: 2  working salaries

Year on Year monthly  passive income:  - 69% of  monthly working Salary

 2020 4rd Quarter Results (monthly adjusted): 19% of monthly working salary  every month

 ROI   ↓ -16.7%  ( This is the total returns i got from my net contributions since i have started investing in the market)

 

Performance Comparison

 

4rd quarter

My portfolio: ↑ 6.48%

S&P: ↑ 12.14%

1 year

My portfolio:↓ -48.8%

S&P: ↑ 18.4%

Tracking Results: 3rd Quarter 2020

 

See about how i track results here

 

In the 3nd quarter   i almost entirely lost the gains from 2nd quarter recovery , i didnt invest in any new stocks and i have left my portfolio without any new changes. Gulfport energy stock dragged my portfolio way down and i am currently  holding many losing stocks  with  high risk and with quite depressing expectations outlook  .  I still remain positive about the future and my ability to do better choices and achieve high returns.  If Gulfport dont go bust, i am not expecting big losses in the next quarter since my losers already lost most of their value.

Equity: 12 working Salaries (money i have contributed to the market till now)

Closed positions:

Paperpack Manufacturer (PPAK) : + 65.7 %
Public Power Corporation (DEH): + 65.19
National bank of Greece(ETE): + 99.89%
Pireus Bank: +64.61 %

Profit from closed positions: 4,8 working salaries.

 Portfolio: 
 My Portfolio now  consists of 6 stocks. 

2 Greek stocks: Tpeir (Pireus Bank) and Alphabank.
2 energy stocks: Gulfport Energy (a natural gas upstream company) and Gazprom the biggest natural gas producer in the world 
Lastly i have Facebook and  Macy's.

  In the following  graphs i list the stocks By weight, Country and Sector-industry

 

 

Total Loss: 2.6 working salaries

Year on Year monthly  passive income:  - 50% of  monthly working Salary

 2020 3rd Quarter Results (monthly adjusted): lost about  70% of monthly working salary  every month

 ROI   ↓ -21.5%  ( This is the total returns i got from my net contributions since i have started investing in the market)

Performance Comparison

 

3rd quarter

My portfolio: ↓-18.29%

S&P: ↑ 8.47%

1 year

My portfolio:↓-45.1%

S&P: ↑10.7%

Tracking Results: 2st Quarter 2020

See about how i track results here

 

Second quarter was overall better , there was a good recovery from the massive losses i had in the first.  Closing the quarter i sold my shares of Public Power Corporation(DEH) with the aim of re-buying in the future and i too the risk of buying more shares of Gulfport energy and average down my cost. Portfolio wise maybe that was too risky since it is my largest position and my performance is highly correlated with the performance of the stock.

Equity: 12 working Salaries (money i have contributed to the market till now)

Closed positions:

Paperpack Manufacturer (PPAK) : + 65.7 %
Public Power Corporation (DEH): + 65.19
National bank of Greece(ETE): + 99.89%
Pireus Bank: +64.61 %

Profit from closed positions: 4,8 working salaries.

 Portfolio: 
 My Portfolio now  consists of 6 stocks. 

2 Greek stocks: Tpeir(Pireus Bank) and Alphabank.
2 energy stocks: Gulfport Energy (a natural gas upstream company) and Gazprom the biggest natural gas producer in the world 
Lastly i have Facebook and Macy's.

  In the following  graphs i list the stocks By weight, Country and Sector-industry

 

 

 

Total Loss: 0.5 working salaries

Year on Year monthly  passive income:  - 26% of  monthly working Salary

 2020 2nd Quarter Results (monthly adjusted): made about  80% of monthly working salary  every month

 ROI   ↓ -4%  ( This is the total returns i got from my net contributions since i have started investing in the market)

Tracking Results: 1st Quarter 2020

See about how i track results here

This was a disastrous quarter that reversed my progress and gave me my real first experience of how fragile are the markets.  Although my losses were big, this hasnt affected me that much psychologically. I don't believe i'll have another quarter like that and i haven't sold most of my positions so my losses are on paper and not realized. My results would be even worse if i hadnt sold  to realize some of my profits during the year.

Equity: 12 working Salaries (money i have contributed to the market till now)

Closed positions:

Paperpack Manufacturer (PPAK) : + 65.7 %
Public Power Corporation (DEH): + 52.16
National bank of Greece(ETE): + 99.89%
Pireus Bank: +64.61 %

Profit from closed positions: 3,6 working salaries.

 Portfolio: 
 My Portfolio consists of 7 stocks. 

3 Greek stocks: Public Power Corporations(DEH), Tpeir(Pireus Bank) and Alphabank.
2 energy stocks: Gulfport Energy (a natural gas upstream company) and Gazprom the biggest natural gas producer in the world 
Lastly i have Facebook and Macy's.

  In the following  graphs i list the stocks By weight, Country and Sector-industry

Total Loss: 3,1 working salaries

Year on Year monthly  passive income:  - 28% of  monthly working Salary

 2020 1st Quarter Results (monthly adjusted): lost about  3  monthly working  every month

 ROI   ↓ -26%  ( This is the total returns i got from my net contributions since i have started investing in the market)

Tracking Results: December 2019

This is my first report post.
See about tracking results here

All Time:

I first started in August of 2017 with an initial investment of about 2 working salaries, by the end of 2019 i contributed as high as 10 working salaries.

Equity: 9,6 working Salaries (money i have contributed to the market till now)

Closed positions:

Paperpack Manufacturer (PPAK) : + 65.7 %
Public Power Corporation (DEH): + 52.16
National bank of Greece(ETE): + 99.89%
Pireus Bank: +58.43 %

Profit from closed positions: 3,5 working salaries.

 Portfolio: 
 My Portfolio consists of 7 stocks. 

3 Greek stocks: Public Power Corporations(DEH), Tpeir(Pireus Bank) and Alphabank.
2 energy stocks: Gulfport Energy a nat gas upstream company and Gazprom the biggest nat gas producer in the world 
Lastly i have Facebook and Macy's.

  In the following  graphs i list the stocks By weight, Country and Sector-industry

Total Profit: 6,2 working salaries

Year on Year monthly  passive income: 57% of monthly working Salary

 2019 4th Quarter Results (monthly adjusted): 63% of monthly working Salary



These numbers are outdated by the time i am writing. The next quarter will be a huge downwards.

 ROI  ↑ 64.8%  ( This is the total returns i got from my net contributions since i have started investing in the market)