Member Info for JohnLewis79

Mary Poppins, Come Dancing,
a Judy Garland film, the 3000th episode of the two Ronnie's, Call the mid wife, Emmerdale and 'Love Actually film' now taking place of the 'Home Alone' 'Die Hard' and the Stewart film, what was it? No wonder we're all down the pub drowning our sorrows.

PS. For Netflix subscribers avoid the latest Di Caprio film its total nonsense.

Yet another disappointing wk to add to a terrible year in sp terms which in no way reflect the advances and prospects across our (8) defined WA projects. The mrkt decides which surely is one of the stupidest phrases ever, for the mrkt is us and therefore we have decided PAT is an awful investment. Well I don't entirely go along with that as 'the Mrkt' needs certainty and at our orphan status we cannot supply that.

Buys and sells this HY are more or less 50:50 but sentiment among junior miners has been so poor, its been too easy to drive the sp down on small vols, hence our low value of (£13•6m). Of course one man's poison is another man's meat, in my case its meat, hopefully Wagyu and not Scrag ends, the Ritz and not Joe's cafe for me next year.

Vols and deals were hit by the Xmas week, no Santa Rally yet the ftse adding just 102 points. PAT slipped •05 on a sell dominated week of trades with other WA counters mixed to lower (see below). Gold gained $10 to $1810 after $1812 and is entering a traditional bullish period with $1850 on the horizon. Brent put on $2•72 to $75•59 and is up 46% ytd while Gold is down c.5%, Copper +25% and Silver
down 14%.

Wk 51
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Ftse +102 (737)
All +64 (4195)
Aim +28 (1195)
------
DJ +586
SP +105
NS +507
R2 +42
------
PAT
Trades 31
Vol 468k
Buy 059k
Sell 409k
82% sell
Ratio 7:1
AVB c.14,750
AVS c.15,150
5 -4%
30 -2%
90 +6%
Ytd -61%
52 -61%
------
Cora -1%
Hum +3%
Grl -1%
Orr -1%
RRR +10%
------
Morning all have a good Xmas and see you all on the 29th for the final throws of a year to be forgotten. Next year Rodders!

Looks like a raise coming in H2.

Undaunted by omicron and siren calls from the bleachers predicting a crash around the corner investors pushed the 500 to a record close up c.26% ytd. That was the 3rd straight gain this week as investor confidence surged. But the breadth of those gains have been narrow with Tesla up another $60 to $1069 and Nvidia $296 contributing 33% to the S&P gains.

All the data to date shows omicron is much less dangerous than prior strains and had it not been for vaccines an additional 1•1m to the 800,000 deaths already reported would have died according to US Health. Merck has had its "at home" pill approved by the FDA as part of the 'all out' attack on omicron. Sports have been casualties causing pro football, basketball, hockey and Broadway to go 'dark.' Smaller venues remain open for business.

Indoor entertainment has surged through the pandemic thanx to streaming services like Flix, Disney & Apple who have increased spending by 20% to $50bn this year pulling in millions of new subscribers. US mrkts are closed today. London will open for a half day.

DJ +197 (35,951)
SP +29 (4726) R
NS +128 (16,308)
R2 +8 (1387)
WTI $73•76
10ytb 1•495%

MSCI(W) +22 (3206)
Gold Bugs +2 (254)

Latest:- Oil $76•16. Vix 17•96.
Gold $1810. Copper $4•405.
Palm $1325. Silver $22•910.
$1•341. €1•183. Yen 114•292.
Yuan 6•369. FF -23.
Morning all.

Calm down LH...we get the picture..and thanx for that, but its worth emphasing in case some investors want a bet as opposed to an investment they should be aware of the crazy daily movements. Too much is talked about this nonsense and to that effect I won't report fictional Bitcoin prices on my US updates anymore as they mean zilch to an equity investor. We have more important concerns to think about.

Bitcoin relies solely on the next man paying more for it than you did and its highly irresponsible for so called analysts to say its a 'safe haven' currency, when in truth it's no more than another instrument of mass destruction. Go to a casino you will have more fun.

At the current near 2021 low for the share price, MB might like to put his money where his mouth is and purchase some. Currently he has 350,000 shares which in % terms is tiny so a show of faith in the Co wouldn't go amiss. He'll, we are paying him a decent wage, are we not?

The value destruction here has been alarming this year and as CEO he cannot escape investors pointing fingers. However as we know he has delivered on the financing ($18m Labolla), cleaned up our holding in the Bhukia project, appointed Fasken, first MRR at Labolla and drill results have been encouraging with more scheduled.

We know other factors are at play for the awful sp performance so he gets the benefit of any pis doubts on that score....for the moment. I don't need to tell him that he has to deliver and during 2022 else the goodwill of investors, flakey at the best of times, will turn very sour indeed.

On this shortened week, Friday will be a half day (why bother) hell, just send someone to turn the machines on and we can all go home. London reopens on the 29th for 2 and a half days which will see 2021 done and dusted and good bloody riddance!

Currently this wk buy / sell volumes on PAT are 97% on the sell side on 400k vol. There is no appetite to buy the stock atm so long'termers are at the mercy of sellers who may be cutting losses or needing cash to settle bills, tax affairs, pay the staff, etc...

They care not that sentiment could change dramatically in Jan and chance losing out on a risk reward upswing that could favours holders. Oh well, you pays your money..... I'd caution holders not to get too carried away hoping the shares rocket upwards. I'm factoring no more than 25-30 by H1 as I expect the big driver for the stock will still be mired in the Indian courts of never-never-la-la-land and drill / assays given the mrkts indifference to other WA gold companies offerings will result in much the same way. Their needs to be a sea change in sentiment among goldies before any real change in sp valuations.

I look at it this way 25+ is still a 2 bagger from here and I haven't had one of those for many a year. That might be too pessimistic but methinks realistic and hell if I'm way out
happy days. I'll start tap dancing to my local!

Upbeat economic data and virus news emboldened investor's to push equity mrkts higher yesterday. Hopes that the severity of omicron would be much less than feared and substantially reduce the risks of hospital-isation helped the 500 to near record highs.

Other encouraging developments saw the FDA approve Pfizer's anti-viral covid-19 pill for at risk people aged 12 and above and with many more testing facilities being rolled out hopes are high the Govt have omicron contained. While many European countries are locking down the US intends to 'test' its way out of the crisis by keeping the economy open.

US consumer confidence nos improved further in Dec with many planning to buy big tckt items, home appliances and go on holiday next year. US home sales increased for the 3rd straight month in Nov and GDP came in at an annualised 2•3% for Q3 (2•1% Q2) personal expenditures up, Govt assistance down.

Tesla gained $64 to $1003 valuing the Co at $1tn on reports Musk had sold 584,000 shares ($1•9bn) towards his huge tax bill and would be 'done' selling for now. Some analysts maintain he has increased his stake through stock options and still has 2•6m to exercise. Volumes were thin on US mrkts pre the holiday. Risers outpaced fallers by 1•65:1 on 8bn changing hands. Apple $176 and Msoft $333 topped the big board, Nike $165 sank to the bottom.

DJ +261 (35,754)
SP +47 (4697)
NS +194 (16,180)
R2 +15 (1379)
WTI $72•92
10ytb 1•458%

MSCI(W) +31 (3184)
Gold Bugs +3 (252)

Latest:- Oil $75•47. Vix 18•63.
Gold $1807. Copper $4•379.
Palm $1280. Silver $22•845.
Bitcoin $36,278. $1•335.
€1•177. Yen 114•101. Yuan 6•369. FF +27. DF +17.
Morning all.

You had me going there LH! PS if you want some crutches I have 2 going cheap!

US stocks surged from the bell rising steadily throughout the day. Energy, travel & techs led the advances after the omicron sell off on Monday. The Dow closed at its best for 2 weeks. The 3 main indexes recouped losses and rose c.2% as investors think the Govt is getting on top of the latest wave of cases despite 5m US citizens still to be vaccinated.

Biden said 500,000 rapid test kits were being issued, the military are delivering medical aid to six States, and a further 10,000 test sites are being set up. Pfizer and Merck are preparing an 'at home' covid pill once FDA approval is granted and when asked about another March 'lockdown' Biden said "absolutely no!"

In a holiday shortened trading week Consumer confidence nos are out today and Personal consumption expenditure on Thursday. Nike, Boeing & Amex topped the big board with Merck, J&J & P&G propping up the laggards. Volumes were well below average as investors thoughts turn towards the holidays. Gold slipped as investors favour equities over safe haven assets.

DJ +560 (35,493)
SP +81 (4649)
NS +359 (15,986)
R2 + 39 (1364)
WTI $71•41
10ytb 1•470%

MSCI(W) +52 (3152)
Gold Bugs +1 (249)

Latest:- Oil $74•12. Vix 21•01.
Gold $1789. Copper $4•338.
Palm $1300. Silver $22•540.
Bitcoin $49,316. $1•325.
€1•176. Yen 114•084. Yuan 6•372.
FF +16. DF -3.
Morning all.

They may just as well close the mrkt for all the trading going on, well among Aim micro'caps. Perhaps the Santa Rally will spark some interest in PAT? The believers are likely fully invested so we need new blood from wherever. Anyway given the lack of interest in financial matters I'm looking forward to a bumper festive season as long as Boris doesn't bottle it and close us down again!!

So on Christmas morning I will be starting with my fave Xmas morning tipple (one sugar cube drenched in Angostura Bitters, large Brandy topped with bubbly) accompanied with scrambled eggs and salmon. I highly recommend it but don't go mad if your going to your local for a few bevvies before the turkey dinner.

Assuming I survive, I intend to add a few shares (rounding up) on the last trading day of 2021 as long as the stock ain't run up into the 15's....heh heh heh.... Afternoon all...hic hic hic..

Not a single buy yesterday, a c.162,000 sell (12•50) pushed the total to 321,280 on just 8 trades told the story. Sells tend to be in the main approaching Xmas with the Santa Rally reversing the trend.

Technically the Santa Rally starts on the final 5 trading days of the year and the first 2 in January. The S&P 500 has been positive 78% of the Santa Rally period since 1928 according to the Bank of America.

For us in the UK this year means Thursday the 23rd though January the 4th. Over the last 45 Santa Rally years there have been 34 yielding positive returns. Last year the ftse Santa Rally gained 106 points.

Year to date the ftse knocked by covid, Brexit & omicron is up 718 (11%) the Dow up 4362 points (14%).

Wall was hit by the spreading omicrom now the dominant form (75% of all new infections) with dire 'warnings' to the unvaccinated. Rate fears and Bidens $2 trillion "Build Back Better" Bill stalling in Congress at a tied 50:50 vote added to the gloom. This prompted GS to downgrade their economic growth forecasts.

All 3 major indexes opened 1% lower with the DJI off 700 at worst weighted as it is with cyclicals and economic sensitive stocks like financials and materials. Pharmas trended higher with vaccines leading the way initially but fell back by close, Novavax off 7%, Moderna down 6% and Pfizer up 2%.

With the mrkt underperforming and the public being told to shun mixing over the next few weeks investors dumped stocks in a broad sell off. The tech heavy Nsdq nears correction territory (10-20% down from recent peak of (16764). A Dow futures rally pointing to a bounce back today saw a 200 points rally in the pm session cutting losses to 433, leaving the Dow at its lowest for 2 weeks.

DJ -433 (34,932)
SP -53 (4568)
NS -174 (15,628)
R2 -20 (1325)
WTI $68•66
10ytb 1•428%

Latest:- Oil $72•09. Vix 22•87.
Gold $1792. Copper $4•311.
Palm $1300. Silver $22•255.
Bitcoin $48,580. $1•331.
€1•171. Yen 113•616. Yuan 6•373.
FF +73. DF +220.
Morning all.

Yea, am in no rush to buy will wait and watch as vols are small....

I'm a buyer anywhere near 12...

Is everybody locked up watching Bargain Hunt vol 234? It's deserted round this part of S.London. I live on the S.Circular the race track to the Kent Coast and usually nose to tail headed into Central London or the West Country on week days.

This shortened week is not going to hold any surprises for PAT holders as I cannot see MB reporting any news this side of the New Year. Let's kick start 2022 with some great drill news....and who knows what else?

Morning Pk73 it's not about how many you hold 20k or 200k when mine go up 20% so do yours. My first purchase was 10,000 at 20•48 ouch!! but have been adding consistently to about break even on cost down to 13•70 Inc a fair few quid on broker comms!
Will have to wait and see if I'm proven right or another false dawn.

Asian mrkts tumbled in morning trade the Nikkei off 553, HK down 334 and SH 27 lower. Surging global omicron cases trigger tighter restrictions particularly in Europe with the Netherlands in complete lockdown.

Renewed concerns over travel restrictions and supply chain snarl ups are leaving investors on the sidelines in no mood to buy risk assets despite China cutting its prime loan rate from 3•85% to 3•80% in an effort to support the slowing economy.

At 2:00pm JST.

TK -597
HK -334
SH -27
SK -50
TAIEX -110
KL -6
STI -32
JSX -38
ASX -17

Latest:- Oil $71•55. Vix 21•57.
Gold $1802. Copper $4•256.
Palm $1275. Silver $22•340.
Bitcoin $46,973. $1•323.
€1•176. Yen 113•471. Yuan 6•377.
FF -102. DF-266.
Morning all.

Appreciated guys you think my comments are worthy....must say over the last 8 years of being in the 'digital' world or should I say 'mob' conversing world on stocks the almost instant sp was a whole new experience a 'EUREKA' moment for me. Wow could i really get a sp on this thing?

Much encouraged thinking I was the next Wolfson (geddit?) I bght into an oil stock (Genel) at c.670 and ploughed a lone furrow of ramping/persuading the opportunities of Genel for many
months. It took a year until others got the bug & joined in as the shares fell month on month to 500 ish ( me still holding and adding!)

Eventually a few other like minded's joined and I soon learnt a lot about oil/expo in 'dodgy' Middle East countries dealing with Govt factions (crooks) and they were not good!

Finally, I saw the writing on the wall and cashed out at c.250 losing a fair lump as a film surfaced showing the CEO who was the then (ex BP CEO) swanning bout on his £10m yacht on the Solent. That was the last bloody straw especially after the BP disaster in America.

Since then I have been involved in a few other Companies, Eazy Hotels,(+) REA (-) NBPO (+) and some I can't remember and on balance I have found those bothered to post are sensible and rational people. After'all we all want the same thing...I sure would be interested in hearing other posters experiences of fighting the enemy.

May it long continue led by our CEO MB who has our best wishes for a happy Xmas and New Year in Perth and all the good things to come. I Hope to meet him in 2022 if we survive the latest covid outbreak.