Member Info for JohnLewis79

It's been a bit of a bloodbath today, all sectors and asset classes are being hammered so, is this the beginning of the long talked about crash or an overdue correction (20% from recent high). That would take the techs with both feet well into correction territory down (27%).

My gut feeling is were likely near the bottom if Putin decides to declare Victory and starts withdrawing troops to save face, money and stall the West's hammering of the Russian economy. Analysts estimate there is c.$6tn waiting to flood back in to oversold stocks on Covid easing, rates hopefully at their peak and 'unloved' Gold ($1859) overdue a bounce.

As ever timing is everything one won't catch the bottom, so slowly averaging down might be the play particularly among blue chip techs which slumped another 340 late morning making 540 m-t-d and 25% ytd.

Of course you might decide these mrkts are being manipulated and the best course of action would be to wait and see your not caught in a sucker rally waiting to catch the unwary. If you have the cash no need to rush in....

Its a close call, I'd wait and see if and when we rally its sustainable, after all things are rarely as bad as we think so don't panic and get shaken out of good quality stocks undergoing one of Mr Markets manic phases.

As London closed down 148 the Dow was off 560, the SP 104, Nsdq losing 394 and small caps falling 31.

Another duff start to this wks trading called by the futures mrkt. Ftse off 58 and the DJI down 326, latest.

Ytd
------
Ftse (u/c)
All (-3%)
Aim (-20%)

DJ (-9%)
SP (-13%)
NS (-22)
R2 (-14%)

Morning all.

Ytd
----------------------
Gold $1883 (+3%)
Brent $113 (+45%)
Palm oil $1775 (+35%)
Copper $4•248 (-5%)
Silver $22•370 (-4%)

London Palm Oil share prices at Wk18.

Ytd
------
Anglo (818) +15%
Dekel (4•85) +5%
Mpe (932) +16%
Rea (171) +22%
------
Cpo $1775 (+34%)

Could be the dip to load up on PMs if WB is bullish on gold and don't forget the truly awful background mrkts have to contend with, the worst conflict in Europe since 1939 for starters.

Secondly a potential nuclear blow up, added to prices and inflation near out of control and printing of the $ like its going out of fashion.

If gold can't make strides against that background we're in serious trouble.

The Dow flirted with 32,200 before a late rally to close off 1063 at 32,998. The bigest rate rise in 22 years saw stocks tumble led by techs and those companies reliant on consumer spending as boards warned of slower growth. Investors fear the Fed may not be able to orchestrate a soft landing.

Stocks sold off included Apple, Nike, Home Depot, EBay and Nike. Netflix tumbled to $188 taking the ytd loss to 68%. Investors in Netflix are suing the company alleging they were misled about subscriber growth in the 6 months before reporting a 200,000 slump in numbers.

Dow and ftse futures are steady the Dow up 8 and London off 6. Far East stocks are mostly 2-4% lower though Tokyo is trading up 136 at lunch.
Morning all.

....with a good RNS and a couple of interviews the sp can move very rapidly... hmmm? Past history tells us otherwise. Eventually we might be proved right but from 'lower lows'
which wont be of much help to long suffering holders holding avc tickets at 13 or lower.

If the sp heads sub 5 what chance ever getting to my breakeven of c.13? Very little given the poor gold price (what happened to $3000 gold?) awful sentiment and other WA goldies in the muck and PAT facing a buyers strike. The background is hardly golden!

The more bearish I become a nagging bell rings telling me to buy! But once or several times I've bought on those 'ringing bells' all I have done is to add to more losses and yet I doggedly still hold.

A near £10,000 buy went through yesterday, couldn't stop the shares slipping a tad. Very much a conviction buy. At least someone is a believer!

25,883 buy at 69•50 late on 29th.

Anglo (854) +20%
Dekel (5•62) +18%
Mpe (944) +17%
Rea (175) +25%
Cif(R) ($1912) +31%

Update
Wks (1-18)
-----------------
T/vol c.8•080m
Buys c.2•447m
Sells c.5•633m
Sells c.70%

Relisted on the 4th July 2050 more like!! Is anybody seriously interested anymore in this on going farce apart from the shysters lawers on the clock?
I bloody ain't!

There's no pleasing mrkts these days! I've been in this stock for a number of years and yea cannot remember ever been in profit. Luckily I'm in no hurry to see a return, not the best reason to hold a losing stock but the F/Y nos will see Zam continuing on an upward path despite being in the BOGOF bins.

Cooking oils have doubled and olive oil is sky high as concerns over the flip flopping economic policy by the Indo Govt causes uncertainty in global mrkts. As of the 28th Indonesia will widen the export ban to include CPO. Palm olein is the most widely used cooking oil in the world and is now being purchase limited and price capped at ($0•93).

The export ban will last until domestic prices ease and is being used by the Govt as a form of crop protectionism.
As edible oil shortages increase globally, Govts are forced to protect their own food supplies.

Futures for July delivery surged by the 10% limit in KL and extended gains over night by a further 2%. London Palm Co share prices closed mixed on Thursday, Anglo up 7, Mpe off 25 & Rea added 3.

If you cannot explain on the back of a fag pckt....don't bloody bother!

Got 5K...

No quote for 2 days!!...wtf

Excellent all round update from Zam this morning. Happy to still hold this undervalued stock.

Big jump of $202 (CifR) to $1912.

Anglo +16%
Mpe +24%
Rea +27%

Ytd range.
Anglo 554-930 (825)
Mpe 670-1090 (995)
Rea 48-208 (178)