A sudden flirtation with hawkish comms from the Federal Reserve and omicron making itself known to the world caused markets to get a bit choppy in November. The portfolio decided to ignore this and chug a little higher over the past month. Is it too late for Santa to turn up before the correction?
Pretty decent updates being offered across the portfolio throughout the Month, with Craneware, Nichols and Telecom Plus all moving up by double digit %. 888 is down considerably from it's highs, with investors obviously nervous about it's William Hill acquisition which involves a placing yet to happen. However, they have a massive potential market to crack in the states and they seem to be performing well so I'm happy staying invested.
My only activity this month was to add a few more Unilever shares. It's not one to get the pulse racing, which is why I like it. They have just finished a chunky buyback programme and have cash following a sales of their tea business. I imagine we will all be happy to pay up a few pence extra for our Dove, Marmite or Magnums if inflation kicks in, and I'm happy taking the dividend if the share price goes sideways.
Portfolio performance
888 Holdings -19%
