Member Info for JohnLewis79

Finally after nigh on 3 years dumped the last of my soft commodity stock taking a 20% hit which hurt. That now leaves me with PAT and a joint in an African agri business.
So have a few quid to invest here which I would like to average up instead of down for a change. My target is for a 50,000 holding. Much depends on the next bit of news flow as to which way the shares go, so will sit and wait events.

As has been the trend of late sellers outpacing buyers by quite some margin. Week to date c.78,100 traded with just 3420 buys. Shares holding up well but new buying interest needs a reason to invest here as the 'speculative' money has disappeared for the moment.

No doubt should the drill news be positive the bandwagon jumpers will flood back, fine by me, so let the news flow.....

Noted and thanks Beza.

I'm out. I see little point in being invested in a Co being bled dry by a Govt hell bent on their expansionistic ambitions for their biofuel program. With a crippling 34% tax is it any wonder cost of sales amounting to c.80% of revenues make it nigh on impossible for indedted plantation companies to turn a profit. Another one in the loser column of JL picks. Good luck to all those still holding.

Oh dear! Hugely underwhelming!

In a research note RHB Research said Plantation stock prices have been hit by a combination of high export taxes, downside risk to Cpo in Q2/Q3 and environmental concerns. These 3 factors have kept plantation prices from performing in tandem to booming Cpo prices.

They expect the high export levy to cap prices in Indonesia at RM2700 to RM 2800 and as share prices react more to the downside in Cpo than upward movements, they think share prices will remain flat and keep investors away from the sector.

However they have raised earnings forecasts for the stocks they cover by c.21% for this year and between 4%-10% in 2022/3. Their top picks among Malaysian stocks are KLK & IJM.

Rea 91 (60)
Cpo $603 ($1182)
Cif(R) $1340e

Oil $20
Gold $1725

Ftse (5847)
All (3220)
DJ (24,134)
SP (2878)
NS (8730)
R2 (1282)

$1•240
€1•146
IDR 15,420

Anglo 456
Dkl 1•90
Mpe 630

UK virus (day 86)
152,840 cases
20,732 deaths

Covid-19
05:00

UK 4,406,946 (127,434)*
Indonesia N/A

* 2064 cases
* 6 deaths

DJ -62 (33,982)
SP +7 (4188) R
NS +85 (14,026)
R2 +7 (1357)
WTI $62•27
10ytb 1•577

Selected
Apple $135
Boeing $241
Carnival $28
Coca Cola $54
Delta $47
Exxon $56
Fbk $303
GE $14
GM $58
JPMC $151
Msoft $262
Moderna $177
Tesla $720
Zoom $336

Nos:- Oil $65•46. Vix 18.
Gold $1780. Copper $4•460.
Palm $1173. Silver $26•200.
$1•388. €1•150. IDR 14,498.
MSCI(W) 2956. FF-7. DF+17.
Morning all.

Have had some log in problems, resolved now. Heh guys... enuff about me and my postings! VF seems most concerned, isn't there a delete button somewhere so you don't have to read all my negative posts? Positively my last mention on this boring subject!

Mrkts closed.

Virus UK (86 days)
148,377 cases
20,319 deaths

Login problems this morning hopefully resolved.

Covid 19
12:00

UK 4,404,882 (127,428)*
Indonesia 1,647,138 (44,770)•

* 3773 cases
* 43 deaths
• 14,890 cases
• 424 deaths

Apologies DarkEnergy it was your 'lump' buy at 14 i referenced as sporty66's.....

We all have differing opinions on stocks as with most things. It wouldn't be much fun if we agreed on everything and as long as the bull and bear case are fully argued that's fine by me.
I hope Sporty66 is rewarded for his faith in the PAT management investing a lump at 14. If he's right he will be quids in and that's as it should be. I come from the school of hope for the best, fear the worst.

star786 is right i am a committed holder and while I wouldn't mind a lower sp I don't ever deliberately talk the stock down in the hope's of getting one.......as if what I say makes any difference! I might be over bearish and naturally suspicious especially when drilling, be it oil, gold or silver, but in the long run I want the Co to succeed and holders to be rewarded for their faith in backing the Company.

The countdown to pubs reopening (indoors) is now 24 days.....have a good wk/end all.

Rea 93 (60)
Cpo $637 ($1226)
Cif(R) $1190e

Oil$ 25
Gold $1728

Ftse (5752)
All (3169)
DJ (23,775)
SP (2837)
NS (8635)
R2 (1233)

$1•233
€1•142
IDR 15,445

Anglo 455
Dkl 1•85
Mpe 630

Virus (UK) 84 days.
138,078 cases
18,738 deaths

Covid-19
O5:00

UK 4,401,109 (127,385)*
Indonesia 1,632,248 (44,346)•

* 2678 cases
* 1 death
• 5436 cases
• 174 deaths

DJ +228 (34,043)
SP +45 (4180)
NS +179 (13,941)
R2 +24 (1350)
WTI $62•04
10ytb 1•564%

Selected
Apple $134
Boeing $237
Carnival $27
Coca Cola $55
Delta $46
Exxon $56
Fbk $302
GE $14
GM $57
JPMC $150
Msoft $262
Moderna $172
Tesla $730
Zoom $336

Nos:- Oil $66•12. Vix 17.
Gold $1777. Copper $4•332.
Palm $1206. Silver $26•050.
$1•388. €1•147. IDR 14,525.
MSCI(W) 2946.
Morning all.

Another excellent week for cpo prices adding $33 on the wk to close at $1206. Ytd averages c.$1046 ($697) that's 50% up on last year. Even REA managed a c.2 gain on the week perhaps a bit of nosey buying ahead of results shortly. Volume was 107,926
on the week, buys outpacing sells by c.6:1. The KLPI runs down 6% ytd.

On week 16.

Anglo +36
Dkl -0•15
Mpe +8
Prefs --•75

Have a good wk/end all.

Incorrect valuefinder am invested and am holding. BURTOMJ, best ignore my opinion but if it makes you feel any better i'll start some super bullish posts. I just call it as I see it pricing in the chance of being disappointed.

Not minded to add atm. Until we get some conclusive drill news its best to keep ones ammo dry just in case there is a delay/bad news either of which will send the stock back to 5-7 in a flash. DarkEnergy is confident enough to buy £10,000 not sure if that's a top or his first purchase either way i hope his bet comes up trumps!

Volumes are much lower this week no chance of another 1,000,000+ trade volume and being a Friday the sp is likely to trade in the current 14-15 spread. Gold has moved to $1786 up $6 wtd and 6% down ytd.
Morning all.

Rea 93 (59)
Cpo $636 ($1225)
Cif(R) $1160e

Oil $22
Gold $1751

Vix 39

10ytb 0•613%

Ftse (5827)
All (3206)
DJ (23,515)
SP (2798)
NS (8498)
R2 (1214)

$1•236
€1•114
IDR 15442

Anglo 456
Dkl 1•90
Mpe 600

Virus (UK)/82 days
133,495 cases
18,100 deaths

Lockdown 35 days.