Member Info for JohnLewis79

easyp ..... that's where a JVP comes in and that's just for starters.

Trading on China's new stock exchange opened for business today. The Beijing Stock Exchange has 81 listed, 10 new microcap IPOs and 71 companies transferred from the OTC (STAR mrkt) and Shenzen bourse will make up the bulk of the smaller Co index. The 10 new stocks surged as much as 6x triggering circuit breakers as investors rushed to buy future "little giants".

Approx 4 million people have opened accounts to trade on the new exchange. The Shanghai & Shenzen City exchanges were both modestly lower as were HK and KL. Seoul, Taipei, Singapore and Sydney were all in the black.

Over in Tokyo stocks were better the Nikkei up 140 tracking the US mrkts strong finish on Friday but 30,000 remains a strong resistance level. Japans real growth in Q3 fell more than expected due to supply disruptions and covid cases impacting business and consumer spending. For year 2021 it's forecast to grow c.2•4% (-4•6%).

Latest:-.Oil $81•50. Vix 16•29.
Gold $1861. Copper $4•420.
Palm $1350. Silver $ 25•025.
$1•343. €1•172. Yen 113•822.
Yuan 6•381. FF -6. DF -5
Morning all.

The purchase of the MMI stake may, I'm guessing here have been a precondition of a partnership tie up. I like mickey1122 think the JVP will be the next announcement, hopefully this week.

Yea I agree mickey1122 everything is lining up nicely and has been for sometime but us regular posters are talking in the main to the converted. It's the rest who need convincing of PATs charms. I think I said before the next couple of RNS announcements could be the making of Panthera.
The most important being the Bhukia license, which if memory serves was rejected on a contentious name change by transferring the title to MMI Private Co Ltd from MMI Ltd back in early 2018.

An under'developed 10m ounce project would rocket PATs attractions to a major partner & the wider investment community if we succeed in obtaining all the permits. MB is hopeful of an amicable resolution which would give us a full house on the Euro millions Lotto ticket. Where that would take us sp wise I don't know but pretty sure we will be testing new highs.

DJ +179 (36,100)
SP +33 (4682) R
NS +167 (16,200)
R2 -1 (1455)
WTI $80•69
10ytb 1•566%
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Close:- Oil $81•95. Vix 16•29.
Gold $1867. Copper 4•453.
Palm $1350. Silver $25•410.
Bitcoin $63,711. G/Bugs 278.
MSCI(W) 3202. $1•341. €1•172. Yen 113•913. Yuan 6•378.

A better week for PAT holders volumes were well ahead of last week flattered by that near 400,000 buy on Thursday. Bargains were slightly down but the stock closed •75 up the first time in many a week. Other WA plays were also ahead. Gold was the run away winner adding ($47) on the week but ytd is 2% down and ways off its 52wk high of $1962.

PAT
Wk45
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Trades 61
Vol 1•420m
Buy 0•887m
Sell 0•533m
Buy 62%
Ratio 1•7:1 buy
Avg buy c.23,320
Avg sell c.23,170
Wk +7%
Ytd -65%
52 +21%
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Cora +7%
Hum +1%
Orr +12%
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Ftse +44 (7304)
Aim +18 (1253)

Gold + $47 (1867)
Oil -60c ($81•95)
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Morning all.

For sure mickey1122 but as my father used to say to me 1/5 on looks a certainly but don't forget the 1. I think in as far as PAT is concerned the 1 has long gone...

Picked up only c. half my dilution due to sparcity of funds so will swallow the 2% as immaterial in my overall holding. We need a boost. This stock has gone nowhere for too long. But on the other side happy the jobbers have accommodated me at these low prices.....

Now after that near 400,000 buy of PAT yesterday I wonder if that trade was front running an RNS this morning? I know its a popular tactic by day traders trying to catch a 'bounce' but I'd look at it as the buyer might have 'known' something.

Friday, is not the most popular day to release blockbuster news. PAT has issued RNS on Fridays a few times this year one benefit being traders will have just one day to decide whether to hold over the wk end. Back in the day you might get some press coverage which would help Mondays open but that's long gone now. Social Media chat is the new 'Go-too'.

I'm not sure but on balance I'd opt for a Friday, if for no other reason it limits traders messing with the sp during the week. However that might be wishful thinking on my part.

A mixed session on the Street yesterday as inflation worries cont to dog investors and give the Fed sleepless nights. US core inflation rate of (4•6%) hasn't been that high since 1991. The Dow gave up 159 with the 500 and Nsdq up a few points on a generally very quiet days trading ahead of Veterans Day when Bond mrkts will be closed.

Netflix ($658) overtook Disney ($163) in the Mrkt Cap Stakes after WD's disappointing Q3 nos. Subscriber growth slowed which impacted on sales & profits. Rivian Automobiles a new electric truck Co's IPO was a success gaining 30% on its first day. Offered at $78 the stock leapt to $122 on opening and became one of the top 10 highest US IPOs of all time. Amazon has a 20% holding and will buy 100,000 electric delivery vans once roll out starts. Rivian founded in 2009 is valued at $100bn second only to Tesla on the Autos list. I was always told the future is perfect...nah, its definitely electric.

Gold is the talk of the town and is forecast to hit $1900+ by year end as inflationary pressures persist. Gold (-2%) ytd has a fair bit of catching up to do v some other metals. Bitcoin ($64,818) is being talked about as the the new safe haven hedge.

DJ -159 (35,921)
SP +3 (4649)
NS +47 (16,032)
R2 +10 (1457)
WTI $81•03
10ytb 1•572%

MSCI(W) -26 (3202)
Gold Bugs +7 (276)

Latest :- Oil $82•24. Vix 17•66
Gold $1859. Copper $4•388.
Palm $1350. Silver $25•200.
$1•336. €1•168. Yen $114•221.
Yuan $6•395. FF +2. DF +43.
Morning all.

Delayed buy of 398,246 @ 10•85 worth £43k the bigest buy I've seen for ages.

Yea dilution is just 4•25% so if you want to keep pace add that % to your current holding.

Following the equity raise the total shares in issue will be 97,908,209, no shares held in treasury.

Equity issue as previously notified.

I dunno about inflation but what about 'shrinkflation' that I do know something about. Take my loaf of sliced bread. It used to contain 17 slices now only 15 that's a 12% drop for the same price. My instant jar of cheap coffee is suddenly filled a good 1•5" below the top that equates to c.2•5 cups of coffee for an increase of 10p.

The cheap cuts of ham I sometimes buy have been reduced by at least one slice and in one brand 2 slices and so on....oh yea and my salad pack used to contain 3 tomatoes now 2 and a shrivelled cucumber and reduced lettuce. I don't like getting ripped off in the stock market, that I expect but nicking 2 slices of bread is the bloody limit!

DJ -240 (36,080)
SP -39 (4647)
NS -234 (15,986)
R2 -15 (1447)
WTI $81•40
10ytb 1•554%

A key inflation report showed CPI nos rising much faster than expected prompting selling across the board yesterday. The Dow and 500 pulled back after 8 straight session gains.
Consumer prices soared 6% in Oct up from 5% in Sept (yoy) the highest rate in 30 years. Companies across the US are reporting rising input costs which is eroding margins. To date the US Consumer has 'swallowed' the rises.

The big question going into 2022.... will the American consumer decide to reign back spending if energy, food & other prices cont to rise and wages do not? President Biden said he was committed to combatting rising prices. "Inflation hurts America's pocket books, it's a top priority for me to reverse this trend"

Next year rising inflation could cause huge disruptions as many have never experienced living in an inflationary world. Raising rates is not an option as the US Govt won't be able to make interest payments on its borrowed money. Having thrown billions of dollars at covid and the American people there is a huge amount of money sloshing around which will stoke inflation and we know who gets hurt the most as prices escalate for everything.

Elon Musk sold 930,000 (0•5%)
of his stock in a prearranged plan long before his twitter poll. In 2016 he sold $600m worth of shares to pay a tax bill (he does not take a salary or dividends). His marginal tax rate is a penal 50%. The US may be the land of the free but not when it comes to money! Tesla closed up $72 at $1096 yesterday.

Latest: Oil $82•85. Vix 18•73.
Gold $1848. Copper $4•346.
Palm $1365. Silver $24•830.
$1•341. €1•168. Yen 113•964.
Yuan $6•405. FF -2. DF -40.
Morning all.

It's not 2 wks since last RNS report so don't be fretting at the lack of any updates. I'm hoping MB will have a clearer picture on our Bhukia license or JVP to announce to us all, so am willing to walk the extra yardage however far that is.

It was said years ago that India would become the country of choice for business. It didn't quite worked out as planned. India became formidable opponents able to subvert the best laid plans of international firms. India had been a closed market for so long especially in the 90's and early 2000's that established global brands had no meaning for the Indian consumer and try getting a license! Sportech tried for years but were thwarted at every turn by illegal bookmakers and vested interests.

This has changed as India rushed to join the global economy, dump regressive economic practices and the burden of Civil Service red tape. An efficient bureaucracy is the bigest threat to business and afterall the chief business of the Indian people..... is business, so let's hope that works for us and them.

Inevitably after a strong run up in stocks in H2 (DJI +1886) investors paused for breath and decided to take some profits despite an abundance of good news, the FDA approved antiviral pill from Pfizer, the passage of the $1tn infrastructure bill and corporate earnings beats, investors have been riding an economic wave of good news. About 89% of the 500 companies have reported Q3 nos and the projected earnings growth rate for the index in aggregate stands at 40%.

Treasuries fell to 1•441% as producers prices rose 0•6% in Oct (yoy 8•6%). Gold firmed to a 2 month high of $1826 and Brent edged up to $84•56 on tight supply and soaring demand from aviation. Analysts are predicting $100 oil as early as Q1(2022). Exxon a one time Dow 30 stock is up 60% this year.

Companies that caught the eye included PayPal who disappointed on their F/Y outlook, stock fell 12% to $204 by close. AMC (Ent) tumbled 12% to $40 despite topping Q3 estimates. The meme stock (an online forum fave) has run up from $2 in Jan, that's a whopping 2526%. The never ending saga of Evergrande drags on with a $148m int payment on an overseas bond due today.

Tesla tumbled $139 to $1024 at close as investors raced to dump stock ahead of any Musk sales. His brother filed to sell 88,500 Tesla worth $109m, added to the stocks woes. Nevertheless the stock is up 45% ytd and just holds on to its $1•1tn mrkt cap. PS. You could have bght Tesla for $4 in mid 2010 that's an annual growth rate of c.66%.

Latest:- Oil $85•09. Vix 17•78.
Gold $1828. Copper $4•369.
Palm $1365. Silver $24•300.
$1•356. €1•169. Yen 112•784.
Yuan 6•392. FF -13. DF -123.
Morning all.

Agreed mickykay we have a good selection of knowledgeable posters on this board with no 'keyboard warrior' abuse. I put a pal of mine into RR last year, he's done very well but some of the vitriolic bandied about on that BB is extraordinary.

Some pis like investing with the crowd when everyone agrees with you. However when the crowd leaves the upside has likely gone leaving you in the lurch. PAT is very much the opposite we are buying at its most unpopular point if the sp is anything to go by and selling at a discount if you could measure it. This surely equates to a low risk of losing your money and great potential for a high return.

To sum up, I don't want to be paying a high price for a 'toppy' stock waiting to fall but paying a bargain price for a stock waiting to rise. I'm hoping PAT fits that bill in that one part of the equation is already satisfied.

DJ +104 (36,473) R
SP +4 (4702) R
NS -23 (16,336)
R2 u/c (1466) R=
WTI $81•92
10ytb 1•469%

Stocks continued their record run at open yesterday boosted by company earnings beats, a very good jobs report and the Fed staying on rates all helped the Dow, 500 & Nsdq to fresh highs. The background is conducive for investors to buy risk sensitive assets while rates are at near zero and inflation to fall back next year if the Fed is right.

This week sees Disney, PayPal and Coinbase report Q3 nos. To date 81% of those reporting have beaten Walls estimates. CPI nos due this week are expected to show an acceleration of price increases to the consumer.

Shares in the news included Tesla on Musk likely selling 10% of his 171m shares to pay a tax bill estimated at around $10 - $15bn. The shares closed at $1150 down $72 on the session with much booing from non twitter Tesla holders. Some of his 60m twitter followers on a poll advised him to sell. You have to wonder what Eon's on!

Ford Motor crossing the $20 line for the first time since 2001(auto sales up and electric vehicle build) and Google stock briefly topping $3000 apiece valuing the Co at $2tn. Google up 71% ytd has outperformed the other tech giants.

Latest: Oil $83•34. Vix 17•22.
Gold $1825. Copper $4•384.
Palm $1385. Silver $24•465.
$1•356. €1•169. Yen 112•805.
Yuan 6•394. FF -26. DF -100.
Morning all.