Member Info for JohnLewis79

LH noone in their right mind will make a buy/sell decision on anything I say. I don't think I've been overly defamatory recently but take your point. I shall tone down the rhetoric.
But at the end of the day reserve the right to post unpalatable views which are easily swerved via the filter button.

I'm afraid it's the nature of investing in Aim counters the longer one waits for updates the more time for mischief makers to play on investors fears and hopes, not that I in anyway subscribe to those silly games.

For sure the Co issuing shares to the board etc in lieu of...is not to everyone's cup of tea regardless of the small dilutive effect, as essentially holders are paying the board by diluting themselves and reducing the recipients avc's. Happy days.

Of course asking Directors to purchase shares on the open mrkt is an anathema to most. As ever they get the "freebies' we pay for them! Watch out if PAT get up to such shenanigans!

Interesting to note a certain Director in a palm Co has elected to receive shares rather than a salary for this year. Others are accepting stock in settlement of fees etc.... Dilution amounted to c.1•2m shares of 536m issued.

As at 7th, Jan 2022 the Ftse All Share ranking list of companies.

1 RDS(A+B). £134bn
2 AZ. £130bn
3 Unilever. £101bn
4 HSBC. £98bn
5 Diageo. £80bn

659= Landore Res. £28m

Incidentally our top 5 quoted Co would rate on the list of largest global companies as below.

Shell. 69
AZ. 70
Unilever. 98
HSBC. 108
Diageo. 121

The top 5 largest global Co's.

1) Apple $2•824t
2) Msoft $2•357t
3) S.Aramco $1•900t
4) Google $1•818t
5) Amazon $1•648t

Latest:- Oil 81•72. Vix 18•76.
Gold $1791. Copper $4•394.
Palm $1310. Silver $22•270.
$1•358. €1•198. YEN 115•793.
Yuan 6•372. FF +19. DF -16.
Morning all.

TK -9
HK +186
SH +9
ASX -6

Maybe the Board should show some confidence in PAT by putting their money where their mouths are? Michael Higgins excepted, who recently topped up his 8m holding and but for him the board would be holding just c.2•5%.

Investors like to see Boards have significant skin in the game and tbh it sends out a positive signal that they are aligning their interests with ours and not treating us as 'patsies'. I'm not inferring that MB would be like some CEOs who have been known to pull the wool over investors
eyes, especially among junior oil explorers (check previous).... far from it, but get your cheque book out Michael.

I doubt the Board will be much bothered about moaning pis given that news to date has been positive and 'what will be will be' as far as the sp is concerned. However its the job of the CEO to promote the share price come what may. MB is holed up in Perth so he's hamstrung in promoting PAT to a wider audience for now. He has a lot of work to do as doing interviews on various Internet sites is no substitute for pounding the pavements and knocking on doors.

I'm sure he's as frustrated as we are but he can do more about it than us mere pis, so fingers crossed this year will see a reversal of last years 62% share price drop. January would be a good place to start.
Morning all.

I agree mickey1122 MB needs the shares to be well ahead of this miserable low price by the H/Y when we should be up to date on recent on'goings. If we are still sub 17 I'm inclined to pull stumps on the basis I'm flogging a dead horse. Try as it might a selling plater will never make a group 1 horse, not if I'm riding it.

Bhukia I suspect will still be mired in the Indian Courts and if so will that delay a JVP? Unfathomable as that seems to us Westerners the Indians travel to a different drum beat.
Red tape, procedure, delay and obfuscation their preferred methods of wearing down litigants. There is plenty of 'previous' in this regard and the icing on the cake is melting by the hour.

As first shortened trading weeks of the year go, it was disappointing due in the main to lack of news flow and little appetite from buyers. Sellers had the upper hand throughout the week leaving the sp near historic lows. Other WA miners were also in the doldrums only ORR gaining over the 4 day wk. Santa was not interested in bestowing any goodies to this sector.

Gold cleared $1800 hitting a wk high of $1824 before dealers booked profits after Fed news sending gold down $7 to $1796 at wk close. Crude fared better gaining $3 to $81•93 up 5% ytd and the US 10y/tb rose 8•5% over the week.

Wk1
-------
PAT
Trades 25
Vol 317k
Buy 082k
Sell 235k
Ratio 2•9:1 sell
Ratio 74% sell
AVB c.12,610
AVS c.12,420
5D 0•00%
30D -19%
90D +16%
Ytd 0•00%
52wk -62%
------
CORA -1%
GRL-5%
HUM -3%
ORR +9%
RRR 0•00%
------
Ftse +100 (7485)
All +18 (4218)
Aim -21 (1196)
------

DJ -5 (36,232)
SP -19 (4677)
NS -173 (15,592)
R2 -16 (1384)
WTI $78•94
10/ytb 1•767%

MSCI(W) -7 (3178)
Gold Bugs +2 (243)

Close:- Oil $81•93. Vix 18•76.
Gold $1796. Copper $4•400.
Palm $1310. Silver $22•390.
$1•359. €1•196.
Yen 115•886. Yuan 6•375.
Morning all.

I have been laid up with gout so difficult for me to have a bet. My 'local' bookie may have been off that day so unaware Ajax Tavern was running. I don't have an Internet betting account for obvious reasons.
Anyways thanx for giving me the bad news!!

FFS!! Missed that...grrr

Not sure " my horse won again" I've had a few winners recently....you best tell me..

It's a Friday and nothing much happens in PAT, even the management don't want to know at this price....hmm? Recent Vols and trades are back to early 2021 nos as we look forward to the next bunch of releases.

Gold having briefly tested $1850 has tumbled $60 and the outlook is not looking quite so enticing as many thought. Doomsters predicting an initial 40% crash on the 500 then a 90% total wipe out in Q4 are not that bullish on gold preferring crypto and real estate. WB never a fan of gold or crypto ain't predicting a 90% crash nor is Gordon Bennett.

The worst % loss in history was the 85% fall in 1929 and the Nsdq 75% crash during the .com boom. We are worlds away from the '29 era days on any measure you know of and noone is seriously predicting a depression as seen in '29 with people camping along the Hudson in cardboard shacks, thousands queueing outside 'food kitchens' and brokers jumping out of 50th floor windows, well not unless they were invested in Pat!

The Fed may make the first rate rise in March of •25 basis points to •50%, that would be ahead of expectations. Crash or a 20% correction the US 'real' economy is performing well in the face of the 'Virus' and the Fed's monetary policy is aimed at combatting inflation the real wealth destroyer. I must admit if I had liquid assets of (£100,000+) to protect I'd be in a lot of cash now as you want to be highly liquid should investors panic and start indiscriminately selling assets.

Unfortunately I'm pretty much broke already, so I I'd just become more stony broke relying on a quick mrkt recovery a la 1987/8 to get me out of a hole. With my luck that won't happen.

Wigwammer you must be pleased at REAs new lease of life, well in sp value terms anyway. Of course the debt % to shareholder funds will still be high and was one of the reasons I decided to sell out. In hindsight that was a big, big mistake. I'm not entirely sure what has changed significantly for the sp to nearly triple since I sold apart from settling some of the longstanding debt and Robinow buying warrants (now in the money). Profits not usually associated with REA will be welcome and nobull makes pertinent points on our Coal interests and financial gearing effects. Crucial to further progress will be the CPO price into 2022 as I have seen estimates as low as $750. That looks a worst case scenario to me.

REA was in the dog house for several years while CPO nearly tripled
so who knows if CPO comes tumbling down the sp will remain steady....
Yea right! It's still a tightrope walk for me, but on the face of it a £60m cap is hardly representative of the asset base.

REA was my bigest holding at one time so selling out was not an easy decision. Unfortunately the greener grass 'goldie' I bght turned brown almost immediately and it's taken all my cash to get to break even. That's been a lose, lose for me. Anyways good to see the Co back on a profitable path. Now if only the debt could be sorted from 'ongoings' and i agree with nobull a multi bagger is on the cards.

My concern is I might have missed the boat, well a 100 pence worth for sure and unless my Goldie suddenly finds 1lbs nuggets I'm lumbered staring down a deep hole. I will cont to watch with interest and the May figures should prove well worth reading.
Gluck.

Feb gold futures slumped to $1788 after a surprisingly hawkish stance by the Fed on rates and trimming the balance sheet saw concerted selling of gold and silver. T/bills rose again to 1•73%. Inflationary concerns are outweighing omicron damage to the jobs market and economy. Weekly jobless claims rose 7,000 to 207,000 against a projected 197,000.

The Dow sank over 200 at open but recovered 180 by lunch. Big tech and cyclicals led the sell off with energy stocks rising on back of a stronger crude price and financials on T/bills gaining. JPMC & Citi will report Q4 nos on Jan 14. A late 200 sell off took the Dow into the red at close.

DJ -170 (36,236)
SP -5 (4696)
NS -6 (15,765)
R2 +9 (1400)
WTI $80•15
10ytb 1•725%

MSCI(W) -18 (3185)
Gold Bugs -8 (242)

Latest:- Oil $82•58. Vix 19•61.
Gold $1792. Copper $4•381.
Palm $1320. Silver $22•165.
$1•355. €1•198. Yen 115•886.
Yuan 6•375. FF +12. DF +74
Morning all.

All of us will have our own ideas of Co valuations and sp's. In America they look toppy to me viewed from Londons underperforming stock mrkt. Unfortunately whether we we're on par with the US or not what happens across the pond will impact us especially downwards and rarely upwards, (see below).

On January 1 2016 the Dow, SP, ftse, All Share, Nikkei, HK and Shanghai Exchanges stood at:-

Ftse (6242)
All (3444)
Aim (739)

DJ (17,425)
SP (2044)

TK (19034)
HK (21,914)
SH (3539)

Since 2016, here's the annul % growth rate and points gained.

Ftse +(1143) 3%
All +(774) 4%
Aim +(478) 10%

DJ +(18,913) 16%
SP +(2722) 18%

TK +(9758) 9%
HK +(1484) 1%
SH +(101) 0•6%

I knew London would be poor but Shanghai less than 1% now who wudda thunk that? No great shakes last year, in fact the SHCOMP gained more points than in the previous (4).

As ever the bigest stock mrkt in the World governs trading conditions globally. The fact that none of the major global mrkts produce anything like US nos leads me to think WB's 'Gauge' could be on the money.

Followers of the Buffet gauge which he describes as the best single measure of where mrkt values stand at any given moment vis a vis the economy is signalling a crash is coming.

His metric takes the total mrkt cap of the most actively traded US stocks divided by the latest Q GDP nos. When this % nos exceeds 185% investors are in danger territory. Current Buffet nos 211%.

However many say its far from flawless as it takes no account of overseas incomes or pandemic dampening economic activity and supply chain disruptions. You pays your money....

The ftse put on 220 during the Santa Rally. This is likely to be reduced this morning following bearish noises from the Street. Asian mrkts took fright the Nikkei off 800 early on with just Singapore bucking the sell off. Sydney slumped 207 significantly below the 7500 level as oils and resources fell.

Over the last 70 years the S&P has risen on 43 occasions returning a near 1%. The last down January was 2021 (1%) with 2016 posting a near 5% fall. Despite some good and bad January's mrkts tend to go up over time.

The FOMC minutes suggesting
rates could rise earlier than expected sent techs into a tailspin taking the rest of the mrkt with it. The Nsdq closed 3% lower (Msoft down 12 at $317) and Apple off 5 ($175).
Talk of the Fed reducing its $8tn balance sheet added to invest gloom.

T/bills hit 1•7% a 9 month high taking the shine off gold but private sector payroll nos were upbeat adding 807,000 jobs in Nov double forecast, alleviating some labour shortages. Nevertheless dealers banked some of Santa Rallies gains. January is usually one of the best months for stocks returning near 1% gains.

DJ -392 (36407)
SP -93 (4701)
NS -508 (15,772)
R2 -35 (1391)
WTI $76•85
10ytb 1•727%

MSCI(W) -45 (3203)
Gold Bugs -5 (250)

Latest:- Oil $79•85. Vix 19•73.
Gold $1806. Copper $4•381.
Palm $1340. Silver $22•645.
$1•353. €1•196. Yen 115•935.
Yuan 6•376. FF-112. DF -98.
Morning all.

I dumped a non performing soft resource stock into a junior goldie explorer only to see the 'non performer' skyrocket 160% (6) months later. Boy do I have the magic touch! Good luck klassic don't look over your shoulder too often!