It’s been a really good year. – The value of current holdings up 90% from 10k to 19k since first buys in July.

XEL delivered! Typically just as I sell part of my XEL holdings an RNS comes out announcing flow tests were underway. – At this point I questioned what on earth I was thinking when I sold. Unfortunately I had already spent the money so I opened a reasonably large spread bet to buy and it paid off. – Well done to all those who stuck it out. I was Pretty much in for the whole way, barr 10p… 80p to 370p nearly £5000 profit in all, so a good trade.

Today on announcement of the director sells I have realised my remaining 1149 shares for the site. A decision i may well regret later but I feel it’s time to bank some more profit. – I will no doubt invest here again in the future.

In the short term I have moved some of the XEL funds into Avanti and Encore Oil. – Both of these companies look set to have a fantastic 2011.  – An extract from an article on iii ”

After a difficult 2009 for the group, EnCore Oil’s shares have risen over seven times this year after it thrilled the market with news of an oil discovery at the Catcher Field in the North Sea.
The discovery at Catcher and subsequent side-tracks were hailed “hugely significant” for the company by Chairwoman Christine Wheeler.
Most recently, EnCore spudded its Varadero well in Central North Sea block 28/9 with partner Nautical Petroleum.
The well, which is likely to be drilled to around 4,125 feet to check whether hydrocarbons are present in the Tay sands, will take around 20 days to complete.
And it’s shaping up to be an equally busy 2011 for EnCore, which is also planning further appraisal drilling at the Cladhan discovery in the first quarter.”

Encore news is only two weeks away now so I would expect the price to go up from here!

An additional £1000 was put into Avanti who I am convinced have a really good year ahead. I think it’s too good to miss at current prices. They are winning contracts left right and centre and are set to be the future of broadband for rural areas. I for one am looking forward to a decent broadband speed in Cornwall!

Endenville are flying! 144% profit in only a few weeks. Amazing, Just wish I put in more than £500 now!

Recent buy Matra Petroleum (MTA) are up 16% and showing a £230 profit.

I am now sitting on a bit of cash. Usually I don’t like not being fully invested but stats are good and markets are feeling a bit top heavy? – What do you think?

I did make some other investments last week. – Not listed on the website as they were outside of the websites 10k. I thought I would mention them anyway!

First was a tip a picked up from a blog comment. – It’s a long shot but has the potential for some really big profits (which we like) – Porta communications. Essentially a new company. David Wright has done it before why shouldn’t he be able to do it again… Here is a telegraph article

http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/media/8152584/Citigate-founder-David-Wright-to-launch-quoted-marketing-company.html

Other buys were CAZA and CGH and AST.

As usual – I welcome any tips, comments or advice! – I wish you all a Merry Xmas and a prosperous new year!