Member Info for JohnLewis79

Jobbers happy to sell at 11 for decent vol and buy at 10.

Oh yea agreed...trouble is basic resources seem to be situated in troubled countries with unstable Govts like the ME and North Africa.
How Mali and BF pan out in the years ahead who knows? Can anyone on this board update us on the political situation?

Troajan as today is the end of Q1, Gold is trading at c.$1687 some $215 down ytd. Incidentally Gold rose 25% during 2020.

Not sure what you mean KBM20. A stocks spread has little to do with a stocks price other than letting you know what you might pay or sell it for.
For sure if your a day trader u have to factor in the diff when calculating your
costs/profit or loss. I had shares in a very thinly traded tech where the spread on occasions was 200p on an 800 sp. You needed a miracle to profit on that spread and of course the miracle never happened.

If I was a gambling man and I am I'd take a punt on the buy/sells ratio being even stevens since India news. PAT traded at 20 on the 10/3 when I first invested and started falling almost immediately.

Three weeks later which is today the shares have tumbled to 11 that's a 45% drop. Granted India was a downer but PAT is not a one trick pony. Its difficult to reason why this recent drop let alone from 37 happened. The severity of the fall looks well overdone given the mrkt knew of the problems of an investment in India and the company's main focus was it's W.African projects. If that's the mrkt doing its job, well it stinks!

However as we all know you can't buck Mr Market, so when he's being generous best take advantage of his offers as he might not be so giving next week, month or year. I was intending to wait for sub 10 but gut feeling says were not hitting that number so nothing ventured....i intend to add this week.

Palm oil inventories are seen plunging in Indonesia by c.50% to 2•67mt by the end of this year as a rise in demand is outpacing supply said GAPKI. That would mark a 45% decline to multi year lows.

This year output is seen rising 4% to 49mt with exports up from 34mt to 37•6mt. As to the B30 a Govt spokesperson said they have enough money to support the biofuel program until the end of this year. Whether further raises in duty & tax were planned was not known.

Rea 100 (59)
Cpo $663 ($1056)
Cif(R) $1140e

$1•241
€1•126
IDR 16,310

Ftse 5672
All 3107
DJ -410 (21917)
SP -42 (2585)
NS -74 (7700)

Oil $26
Gold $1619

Anglo 468
Dkl 2•50
Mpe 506

Virus (UK)*
Cases 22,141
Deaths 1408

* 2 months since first case reported in the UK.

Covid-19
05:00

UK 4,341,736 (126,670)*
Indonesia 1,505,775 (40,754)•

* 4040 cases
* 55 deaths
• 4682 cases
• 173 deaths

Global
Cases 128,803,732
Deaths 2,815,991

DJ -104 (33,067)
SP -13 (3959)
NS -69 (12,897)
R2 +19 (1316)
WTI $60•71
10ytb 1•747%

Selected stocks.
Apple $120
Boeing $253
Carnival $27
Coca Cola $53
Delta $49
Exxon $56
Fbk $288
GE $13
GM $58
JPMC $154
Msoft $232
Moderna $118
Tesla $635

Nos:- Oil $64•34. Vix 20.
Gold $1679. Copper $3•977.
Palm $1056. Silver $23•855.
$1•373. €1•172. IDR 14,565.
MSCI(W) 2812. FF-9. DF-1.
Morning all.

I hate to say it but if the down trend continues at this pace with little support we will be joining the 90% club. That's defined as a 90% drop from high which in PATs case is 37 to 11 which is 70% down from Jan 6th.
Very few companies come back from membership of that particular club but to be fair they are in that club for very good reason none of which applies to PAT. The India debacle has been over played and we probably rose too quickly on Indian hopium and are back to square one. Does the India business mean Panthera is finished as a Company? Does it heck!

Volume today was 335•2k with c.207k sells so hardly earth shattering in £ value terms. Very much a batten down the hatches and if your still a believer wait for a cheaper entry point wherever that may be before the inevitable retrace upwards. The (2) bigest trades were 42,641 at 11.70 each and the largest a sell 30,161 at 10.

I see no point in upping sticks because a few bearish investors are taking tuppence ha'penny for their shares and little volume is having an undue effect on the 'manipulated' share price. This is not the time to panic and crystallise a loss, unless you think the Co is heading to Carey St. Hold and await events from W.Africa and if that turns out a bust well at least you stood the course when you hit the brick wall.

Taking a beating today off $27...

Most of the well known commodities are taking a beating today, cpo off c.$20, soybean down $6, gold down $16 and Oil off 50c.
Going up wool, tea, lumber, rice and beef.

VF i'd have gone for that but not so many....I'm watching and waiting for 10 or lower...

10 taken.

c 56,000 sells / 60,000 traded is the ongoing poor sentiment surrounding PAT. Not sure why this should be other than 'sell on the news' trading.
India is a dead duck sp wise imo, that news is old hat and been kicked into the long grass so why are not investors responding to the recent updates from Mark Bolton?

I jumped the gun on Q1 closes by a few days, not much gained or lost in the numbers so won't update.

Bulls see $2200 by year end thats a $500 (30%) advance from current prices. Good luck with that.

Gold bulls according to analysts at Wells Fargo are expecting a strong rally in prices this year to c.$2200 due to diminishing supply growth and that Gold is is on the eve of a new commodity bull super cycle of which their have been only 8 since 1800.

Gold prices are up c.40% since 2018 but trade 10•3% down ytd. Could be time to load up on Gold plays. My interest in a junior Gold explorer has not been very successful to date but one lives in hope.

Palm oil analysts expect cpo prices to contract shortly saying the recovery in supply plus performances of other veg oils will bear weight on palm prices.

Oil World CEO T.Mielke expects prices to start declining moderately in Q2/2021 as long as supply stays low. In terms of output global demand will rebound by c.3•2mt for the Oct 2020- Sept 2021 growing season with Indonesia output rising by 3•3mt and Malaysias declining by 500,000t.

Globally Mielke sees a slight recovery of c.1mt of global consumption during the growing season and expects cpo futures to be RM 3,300 by year end.

Rea 89 (59)
Cpo $676 ($1059)
Cif(R) $1140e

Oil $26
Gold $1641

Vix 60

Ftse 5564
All 3041
DJ 22,327 +(691)
SP 2627 (+85)
NS 7774 (+272)
R2 1158 +26

$1•238
€1•124
IDR 16,337

Anglo 451
Dkl 2•35
Mpe 456

Virus (update)
Cases 17,089
Deaths 1019