Member Info for JohnLewis79

......hopefully about £1 by year end....
Indeed sounds plausible when expressed in £.s.p. but valuefinder that's a 614% rise, now that sounds a lot less plausible to me....

Mrkts closed

Virus (UK)
114,217 cases
15,464 deaths

Days since first reported case in the UK (79).

Covid-19
05:00

UK 4,387,820 (127,270)*
Indonesia 1,604,348 (43,424)•

* 1882 cases
* 10 deaths
• 4585 cases
• 96 deaths

Only 2 of Asia's markets are in the red, Jakarta & KL. The others are trending up in quiet trading, Shanghai stocks are showing the bigest gains up c1•5%. In Tokyo techs led the risers as the Nikkei clawed back early losses to trade 65 up. Semi conductor output is being ramped up due to the global shortage of chips and Japan and the US have agreed to cooperate on supply chains.

A spike in covid infections (Japans infection rate is 4199 per 1,000,000) one of the lowest in the region is prompting Tokyo to consider another State of Emergency. The slow pace of vaccinations has kept many investors away from the markets which are lagging those in the US and Europe. Since end Q1 the ftse has gained 5% the Dow 4% & the Nikkei 2%.

Nos: Oil $66•43. Vix 16.
Gold $1779. Copper $4•205
Palm $1164. Silver $25•905.
$ 1•383. €1•157. IDR 14,565.
MSCI(W) 2953. FF +8. DF-101.
Morning all.

Mrkts closed.

Virus (UK)
108,692 cases
14,576 deaths

Covid-19
06:00

UK 4,385,938 (127,260)*
Indonesia 1,599,763 (43,328)•

* 2368 cases
* 35 deaths
• 5041 cases
• 132 deaths

At some point and nobody knows when the Stock Market will crash or have a severe correction. Over the years from the Tulip mania of 1637 through the '29 crash, the dot.com bubble there have been many, 51 to be precise of varied types of crashes, corrections spread around the world. I include the latest pandemic crash the shortest on record.

Many say in 2021, valuations are 'artificially' stretched especially in the US caused in part by thousands of first time investors pulled into the markets by talk of easy money on chat rooms and the ease of trading at almost zero cost. Many know not what they do having never experienced a downturn and the risk to their bank balances. They chase obscure companies touted on redditt and the likes, hoping to make some quick money.

Take Gamestop a sleepy retailer going nowhere as a classic example. The company became an overnight sensation topping News Broadcasts the world over. Their stock price went from a few $ to over $400 in a day or so before tanking to $41 on the back of pis chat room frenzy. Current price $159.

Speculative assets like Bitcoin and SPACS (don't ask) almost anything that moves attracts the bored out of work punter to chance his arm. Value and longterm investors had discarded Gamestop as a no hoper only to be wrong footed by the redditt army of retail investors who buy for one reason only they think the sp is going up! You could say they thought and acted faster than the slow coach professionals who were caught unawares with short positions and were given a right drubbing as GS shares soared. They were none too pleased and attempted to get the rules changed so they were the only people allowed to make money. They failed.

Most investors tend to ride out crashes, they happen too quickly for Joe Public to react. Unless they have to realise a loss, their wealth will likely remain unchanged showing only a paper loss so their disposable income into the real economy may not be greatly effected. Some companies will see their earnings slump and their shares suffer but while President Biden and the Fed Reserve pump money around the economy keeping mrkts buoyant, share prices in the main are pulling ahead and keeping the next downturn at arms length.

Rea 98 (56)
Cpo $669 ($1172)
Cif (R) $1170e

Oil $28
Gold $1704

Ftse +159 (5787)
All +88 (3190)
DJ +705 (24,242)
SP +75 (2875)
NS +118 (8650)
R2 +51 (1229)

$1•251
€1•151
IDR 15,471

Anglo 457
Dkl 2•25
Mpe 590

Virus (UK)
103,093 cases
13,729 deaths

Pubs have been closed for 4 weeks and the country is in total lockdown.

Covid-19
06:00

UK 4,383,572 (127,225)*
Indonesia 1,594,722 (43,196)•

* 2596 cases
* 34 deaths
• 5363 cases
• 123 deaths

DJ +165 (34,201) R
SP +15 (4185) R
NS +16 (14,042) R
R2 +4 (1348)
WTI $63•07
10ytb 1•584%

US markets had a good week the Dow added 235, the 500 up 41, Nsdq put on 181 and R2 gained 9 leaving the Dow, 500 and Nsdq at record closes.

The lowest jobless claims (576,000) since the pandemic started, the pace of vaccinations, Govt cheques to citizens all boosted sentiment and buyers were out in force. Retail sales surged c.10% and Bond yields slipped to 1•584%. Tensions with Russia and China were largely ignored.

Selected
Apple $134
Boeing $247
Carnival $27
Coca Cola $54
Delta $47
Exxon $57
Fbk $306
GE $13
GM $59
JPMC $153
Msoft $261
Moderna $ 171
Tesla $739

Nos :- Oil $66•87. Vix 16.
Gold $1777. Copper $4•164.
Palm $1173. Silver $26•040.
$1•384. €1•155. IDR 14,565.
MSCI(W) 2953.
Morning all.

Second wk on the spin vols traded topped 1,000,000 this weeks total 1,153,078, shares added 1•5 (12%) on the wk, 56% off ytd. Bargains dealt weren't anything to write home about but ya can'nae have everything.

If this is the holding pattern I'll settle for that awaiting drill updates. My other stock barely nudged the needle all week and trades flat on the year despite its only commodity trading 48% better than last year.

Anyways have a good wk/end all and if it ain't freezing might go to a pub with a garden and have a few.

Rea traded flat to close at 56 on 31,800 traded, while other London palms were mixed. Anglo fell 14 (602), Dkl was off •60 (4•55) and Mpe added 18 (736). The KLPI fell again on the week and ytd trades down 6%.

Meanwhile Cpo had other ideas and continued the strong Q1 run, adding $37 on the week closing at $1174 and ytd averages $1036 ($699) some 48% better than last year.

Palm % ytd.

Anglo up 4%
Dkl up 7%
Mpe up 12%
Rea u/c
Cpo up 20%

Very few buyers around today, partly exhaustion and 'who'd be wanting to hold these over the ek/end?' Sellers outpacing buyers by c.17:1 on 112,000 shares traded at lunch.

Morning star786, I know the Theranos story well but a huge diff between the 2 systems...

Just when you think...40,000 sell goes through at 13...

Not so long ago I damn near put my life savings in a UK blood/gas monitor start up that had taken 10 years to come to mrkt (£90m+ spent). The Co had full accreditation (CE Marked) for Europe and the UK which took 2 years of rigorous testing before commercialisation. The IPO was set at 90 and was oversubscribed.

It was 10 years ahead of its time. There was no competition outside of a stone age method of blood gas testing (needles) that had not changed in ....well since the Stone Age. This new product did the analysis automatically with no blood loss, it was returned to the patient so no expensive blood transfusions required, £800 a pop!

I had calculated plausible sp's from 100p to 500p based on base case revenues and uptakes by i/c units in hospitals.

What happened?

Woodford took the Co private at 4•5p and a year later they went bust.

mickey1122 I only point out the above as an illustration of what can happen if one is over bullish and calling for 'baggers. ' I made 2 mistakes. 1) believing the evidence & 2) thinking it would save the NHS millions in costs and nurses time. Red tape and layers of bureaucratic nonsense ( 9 signatures required to purchase a bg monitor costing £5000 did for the Co.

Gold $1731
Crude $27
$1•244

Its blue but a very muted response from Asia this morning after US mrkts scaled new record closes. Continuing tensions between Beijing and Washington, a poor US Dow futures checked advances across the region.

China's GDP came in at 13•8% in Q1 lower than the consensus 19% forecast but well ahead of Q4 2020 (6•5%). The data supported a solid recovery in the world's second bigest economy.

At JST 2:20
TK +44
HK +61
SH +18
SHZ +8
SK +3
TAIX +21
KL -6
STI +14
JSX -4
ASX -4

Rea 98 (58)
Cpo $667 ($1166)
Cif(R) $1170e

Oil $27
Gold $1731

Ftse 5628
All 3102
DJ 23,538
SP 2860
NS 8532
R2 1178

$1•244
€1•147
IDR 15,666

Anglo 457
Dkl 2•25
Mpe 580

98,476 cases
12,868 deaths

Covid-19
06:00

UK 4,389,976 (127,191)*
Indonesia 1,589,359 (43,073)

* 2671 cases
* 30 deaths
• 6177 cases
• 167 deaths

Global
139,693,934 cases
2,999,557 deaths