Member Info for JohnLewis79

Morning NB. For sure, nevertheless I still think I should have dug my heels in and not cashed in my chips....going for Gold hasn't worked out well atm and as usual find myself stuck in a 28% loser not to mention 100p losses on my REA trades. The grass is def no greener in WA.

Much to my surprise REA is outperforming AEP & MPE in ytd sp terms (not that it means much) and no way could I have forecast that. A touch at Donny has given me some ammo...now is it to be AEP or MPE. AEP don't seem that shareholder friendly and buying MPE on take-over hopes doesnt work for me as I'm not sure an offer of £12+ is on the cards so the upside may stall around current. I'm not bothered about dividends.

Of course I could add to REA or throw more money down a deep hole in WA.
Any views NB?

Wks (1-14)
PAT
------
Trades 326
T/vol 6•782m
Buys 2•340m
Sells 4•442m
Sell 65%
------
Ytd
Cora 7•45 (-21%)
Gld 9•25 (-20%)
Hum 15•25 (+5%)
Orr •35 (-1%)
PAT 9•00 (-28%)
RRR •41 (-22%)
-------

DJ +136 (34,721)
SP -12 (4488)
NS -205 (14,321)
R2 -8 (1273)
WTI $97•90
10ytb 2•715%

MSCI(W) -14 (3097)
Gold Bugs +7 (324)

Close:- Oil $102. Vix 21•16.
Gold $1950. Copper $4•729.
Palm.$1660. Silver $24•905.
$1•303. €1•198. Yen 124•290
Yuan 6•364.
Morning all.

Mostly on the buy side. Odd to have this much activity on a Friday after weeks of odd lot buys and sells favouring sellers in the main. Could be a broker note.....

DJ +87 (34,584)
SP +19 (4500)
NS +33 (14,532)
R2 -1 (1281)
WTI $95•86
10ytb 2•660%

MSCI(W) -14 (3097)
Gold Bugs +4 (316)

Latest:- Oil $100. Vix 21•55.
Gold $1933. Copper $4•715.
Palm $1675. Silver $24•675.
$1•306. €1•203. Yen 123•924.
Yuan 6•362. FF +52. DF -3.
Morning all.

I see the latest wheeze from Clarksons Farm that well known vehicle to lose your money, is advising people via the kids morning show 'Good Morning Britain' to have a punt on crypto currencies, better known to you and me as instruments of mass destruction.

Thanks Jer but I'll swerve this one given I checked you out on the FCA web site and they have never heard of you. Mind you while your front running this dodge pot investment I have a Nigerian friend who'se seeking to partner up with you, so please send your bank details in confidence to him via the Bank of Niagra
Dowton
Logos
SCAM 1

In return he will issue you with an irrevocable letter of credit drawn on Mogadishu's Central Bank to be cashed at your convenience. I think this is a blinding investment Jer and one my Nigerian friend highly recommends you tell your Top Gear mates to get on!

DJ -144 (34,497)
SP -44 (4481)
NS -322 (14,499)
R2 -15 (1281)
WTI $97•70
10ytb 2•580%

MSCI(W) -14 (3097)
Gold Bugs u/c (312)

Latest:- Oil $103. Vix 22•10.
Gold 1925. Copper $4•700.
Palm $1670. Silver $24•430.
$1•307. €1•199. Yen 123•665.
Yuan 6•361. FF -8. DF -135.
Morning all.

Hi nobull, yea a minefield forecasting REA nos given the scope to as you say..." being miles out"... I can't see REA paying off the pref arrears in one hit, not much point imo. If we get $1000 emg price would be better than I hoped for but REA have disappointed too many times in the past for my liking. However I'm turning a profit having stupidly sold out c.60-70 so must'nt moan too much and intend to hold for the foreseeable.

Whatever the Co does the F/Y nos will be one of the more interesting REA has
reported for many a year.....fingers crossed revs will hit c.$200m.

Indonesian palm oil companies share prices have been given a boost due to problems with sourcing sun flower oil from Ukraine. Mpe has risen 150+ this last month with similar % rises seen in ultra cautious Anglo and REA.

REA reports F/Y nos towards end of April which will be materially better than a year ago after accounting of the usual (too much rain, roads damaged, fire damaged boiler), Covid, etc which is the cost of doing business in unpredictable weather stations. Reducing debt and settling some of the loans is ongoing while the stone and coal interests should start to make a contribution of sorts having done sfa for years.

I think nobull forecast an eps of c.8p for 2021 and I wouldn't disagree though i suspect he is being extremely cautious given the rise in cpo this year which could average out some $200 more than 2020. You never know the bottom line might turn blue, stranger things have happened.

DJ -280 (34,641)
SP -58 (4525)
NS -339 (14,821)
R2 -30 (1296)
WTI $102
10ytb 2•615%

MSCI(W) -14 (3097)
Gold Bugs -8 (311)

Latest:- Oil $107. Vix 21•03.
Gold $1926. Copper $4•749.
Palm $1670. Silver $24•440.
$1•306. €1•199. Yen 123•721.
Yuan 6•367. FF -7. DF -47.
Morning all.

DJ +104 (34,922)
SP +37 (4583)
NS +298 (15,160)
R2 -5 (1326)
WTI $109
10ytb 2•403%

MSCI(W) -14 (3097)
Gold Bugs -3 (319)

Latest:- Oil $107. Vix 18•57.
Gold $1932. Copper $4•809.
Palm $1655. Silver $24•580.
$1•311. €1•195. Yen 122•527
Yuan 6•363. FF -24. DF -62.
Morning all.

Q1 for most WA gold stocks have continued the disappointing performance of earlier in the year (see below). PAT in particular has slumped 28% ytd and has breached 10 but volumes have been small though most on the sell side which inevitably exaggerates (%) losses.

However its been a painful experience as I'm c.37% down ytd. I wouldn't cont to hold unless I was convinced the sp in no way represents value and is long overdue a significant bounce, Bhukia or not.

Wk 1-13
-------------
Cora -20%
GR -24%
Hum +2%
Orr -14%
PAT -28%
RRR -14%
--------------

Latest:- Oil $104. Vix 19•63.
Gold $1922. Copper $4•700.
Palm $1675. Silver $24•695.
$1•311. €1•186. Yen 122•581.
Yuan 6•362. FF +35. DF -11.

Russia & Ukraine dominate headlines across Asia the Nikkei 225 is off (-11) in morning trade but HK is 350 better after surging 646 last week. Gains in Sydney Gold stocks offset falls in tech with KL, STI & Jakarta flat.

Gold got off to a weak start to Q2 as fears global mrkts are headed towards a recession. Bearish technicals, the inversion of the 2yr & 10yr t/bill yield red flagging recessionary fears as bonds and the USD rose on Friday.

Gold having started the year at $1830 trades at $1923 up 5% ytd. Copper and Silver are up 5% & 6% respectively. Oil ($104) the star performer is up 34% ytd having hit a 52 wk high of $139 earlier this year.
Morning all.

PAT
Wks (1-13)

Trades (294)
T/Vol 6•163m
Buys 1•962m
Sells 4•201m
Sell 68%

Gold
$1928 (-$30)
Oil
$104 (-$12)
Palm
$1675 (-$45)

DJ +140 (34,818)
SP +15 (4546)
NS +23 (14,861)
R2 +13 (1331)
WTI $99•42
10ytb 2•385%

MSCI(W) -14 (3097)
Gold Bugs +10 (321)

Close:- Oil $104•75. Vix 19•63.
Gold $1928. Copper $4•705.
Palm $1675. Silver $24•755.
$1•311. €1•187. Yen 122•478.
Yuan 6•362.
Morning all.

Jeez if it goes much lower will have to borrow and that's usually a no no! At a mrkt cap of c.£9m the valuation is meaningless imo and bears little to gold in the ground drill results reported recently at Labolla.

Talk of one zero let alone two on the mrkt cap seems fanciful in the extreme to me. But we know to take mrkt cap estimates on gold juniors with extreme caution. Tread carefully if your on the short side!

Silly with less than 1000 traded!

Morning star786, that could very well prove the case vis a vis our WA assets in particular Bassala. Currently the mrkt is reserving judgement which is understandable given the various stages of our asset base. However pis may rue the day they failed to add or top up at sub 10p. I have maxed my available cash resources so it's watch and wait for me much as I would like too increase my stake.

I think there are too many imponderables for us pis to assess. While it might provide comment amongst us I don't think it's of much use as it's likely to turn out differently.

Now pushed back to late April and thence no doubt to be adjourned there doesn't seem much appetite by the Rajasthan Govt to progress matters to a conclusion. I cannot fathom why they keep delaying matters unless it's due to percentages of the Bhukia pie that is the stumbling block. As we know when the shysters become involved Mr Jarndyce raises his ugly head.

Meanwhile as PortfolioPower says our WA projects will provide more than enough for us to be going along with, an 80% interest in Bassala (widespread gold mineralisations) looking like the crown jewel. PAT has recently secured a 3 yr extension to its joint venture license with Golden Spear. A 50% interest in Kalaka and possibly 30% in Labolla among others could turn out a 2m oz resource at worst.

PAT has 4 ongoing projects in BF, Mali and 2 in Nigeria which could become the new gold mining frontier. With much newsflow to look forward to Bhukia can take a backseat for now.

DJ -550 (34687)
SP -72 (4530)
NS -233 (14,838)
R2 -14 (1319)
WTI $105
10ytb 2•398%

MSCI(W) -14 (3097)
Gold Bugs -2 (312)

Latest:- Oil $105. Vix 20•56.
Gold $1941. Copper $4•716.
Palm $1660. Silver $24•980.
$1•313. €1•189. Yen 122•581.
Yuan 6•351. FF -11. DF +136.
Morning all.