Member Info for JohnLewis79

No chance of a share split at 19p! These are usually done to make a very high price share more marketable to investors. With 91m outstanding the free float in PAT looks adequate going by the last recordings on the register. As we know these are very rarely accurate or up to date.

The Stock Exchange are very lax in insisting shareholder registers are current, all part of keeping those 'nosey' pis buggers in the dark and not exclusive to Aim companies.

Thanx Eng, great game of Rugby for a change! Mathematically others can still deny us the Championship but lots have to go right for France and Scotland to win from here. For Scotland its a must win at home against Ireland tonight.

Covid-19
06:00

UK 4,253,820 (125,464)*
Indonesia 1,414,741 (38,329)•

* 5534 cases
* 121 deaths
• 4607 cases
• 100 deaths

Remember the old adage "the Stock Market is a device for transferring money from the impatient to the patient".....

......Drilling and exploration by its very nature is labour and time intensive. If your a Lth, you won't be worried about the time factor and any slippage in the sp could be an opportunity to add as long as you believe the data to date and why wouldn't you? Misleading the Mrkt can have grave consequences for those who do.

But I'd caution averaging down as in essence you are adding to a losing position. Great if it turns up but what if it continues South? Do you cont to add? I did that in one stock and damn near bankrupted myself.

I'm now trying to practice some "Masterful Inactivity" when it comes to stocks. Morning all.

Rea 106 (58)
Cpo $619 ($1128)
Cif(R) $1185e

Oil $34
Gold $1576

Ftse 5366
All 2994
DJ 23,186
SP 2711
NS 7875

$1•2350
€1•112
IDR 14770

Anglo 437
Dkl 2•35
Mpe 552

Covid-19
05:00

UK 4,248,286 (125,343)*
Indonesia 1,410,134 (38,229)•

* 6609 cases
* 175 deaths
• 6412 cases
• 180 deaths

DJ +293 (32,779) R
SP +4 (3943)
NS -116 (12,937)
R2 +12 (1398) R
WTI $65•56
10ytb 1•629%

Nos:- Oil $69•23. Vix 21.
Gold $1726. Copper $4•157.
Palm $1128. Silver $25•995.
$1•392. €1•164. IDR 14,385.
MSCI(W) 2807.
Morning all.

Although cpo suffered some profit taking today, over the week cpo gained $53 closing at $1127/cif(R) $1160 and is up 15% ytd. Not startling when considering crude has put on 34% and 98% over 52 but not too shabby.

However against last year wer'e averaging at (wk 10) $1014 v $718 in 2020 and that comparison is key, a cool 41% ahead on the headline nos which likely means REA is achieving in the local mrkt c.$825 net of taxes etc, considerably more than 2020s Q1 c.$520 av net 'achieved' prices. Thats a good cushion as Q1 nears close.

Trading volume this week 42,137 (2:1 sells) has been amongst the lowest I can remember and interest in palm companies shares is non existent, getting blamed for all global deforestation and biodiversity issues does not help sentiment. It's not a sexy sector with Gung Ho TV Tuned CEOs who inevitably attract many pis to their companies. Persuading pis to invest in the palm sector is akin to asking them to undergo a rectal examination.

Be that as it may, REA traded flat at 58 and the KLPI slipped again despite better prices and profits from the likes of Sime, Wilmar, HGV and KLK. Makes you wonder what might have happened to stock prices if the massive price turnaround in May (doubled since) had not happened.

London
(Wk 10 close).
Anglo 600
Dkl 4•65
Mpe 600
Prefs 81

Evening all. Cm'on England do us Welsh a favour and beat France!!

Lots of 18 being taken by day traders i'd imagine and those who don't wanna hold these over the wk/end types. Predictable Friday trading moves imo and not a day to be making hasty moves in or out.

Longtermers know its but a snapshot in time, Monday is another day and another price. I'm here on a 2 year view barring any Black Swan event so expect a bit of rough with my smooth though fully expect the sp to leave the current number in the dust.

The simple answer i guess is the barrow boys are not here to help you.
Their prime function in life is to keep a level profitable book and if that means screwing with you so be it. Never ever expect favours from these guys unless your 'in the club'

An expert on jet fuels? Oh no, nobull, just an interested onlooker in all things palm.
Palm for jets will happen and probably sooner than we think so while figs being banded about could underpin palm output down the road I wouldn't get over excited.
Absolutely debt repayments must come from cpo and not other 'jiggerypokeries' you outlined. Have to say for transparency sakes I trimmed my holding here yesterday.

As a matter of interest its not only India that is adept at stalling and frustrating efforts to get claims before the Judge. I was locked into a stock that took 10 years to resolve through the US State Court system, going right up to the US Supreme Court of Appeal for a decision.
A winning one I might add. I think the CEO and self were the only 2 investors left on the books!

I'm not surprised that iis are not represented on the Major Shareholders list. Being an Aim Co precludes many from investing in risky mining/expo stocks. So if the list is up to date and few are these days, these tend to come under the State Secrets Act, around 32% of the 91m outstanding are tightly held. That leaves a healthy free float for buyers and sellers.

I won't be able to add anything on the Geological front where the Prof is the acknowledged expert and covers all the requisite news as does micky1122 so the bod is represented with knowledgeable posters, none of the 'Boooooom' Yahoo merchants i hope.

So its very much a listen and learn for me as nothing can be gained from the balance sheet, all rests on the success of various diggings coming up with the goldies! Seems that's looking likely but there's many a slip between cup....

.......Gold ain't exactly helping down 12% from its 52 high of $2089 so fingers crossed the price will retrace as buyers buy Gold as an inflation hedge and PAT hits the 'Motherlode!'
Morning all.

DJ +188 (32,486) R
SP +40 (3939) R
NS +300 (13,052)
R2 +19 (1386) R
WTI $65•85
10ytb 1•548%

Nos:- Oil $69•36. Vix 22.
Gold $1715. Copper $4•122.
Palm $1131. Silver $25•980.
$1•397. €1•168. IDR 14,370.
MSCI(W) 2806. FF-17. DF +76.
Morning all.

Rea 105 (58)
Cpo $607 ($1138)
Cif(R) $1160e

Oil $33
Gold $1604

Ftse 5237 (-639)
All 2942 (-345)
DJ 21,200 (-1622)
SP 2481 (-261)
NS 7202 (-750)

$1•260
€1•127
IDR 14521

Anglo 450
Dkl 2•20
Mpe 562

Global equities were in full panic mode the ftse closing down 11%. Stocks in Asia tumbled to near 30 year lows and US mrkts saw 10% losses.
There was worse to come as infections spread rapidly through China and Europe. Trump was in denial mode blaming China for trying to cover up the source, calling the virus Kung flu and said wearing Masks did not help, those infected would recover rapidly.

US cases were below 100,000 and deaths less than 1000. Businesses would remain open. Lockdowns & travel restrictions were months away.

Covid-19
05:00

UK 4,241,677 (125,168)*
Indonesia 1,403,722 (38,049)•

* 6753 cases
* 181 deaths
• 5144 cases
• 117 deaths

Hi nobull, I believe some planes in the US have already tested 100% biofuel and flown with 15% bio. Palm is the preferred biofuel due to its low cost, availability and cheaper refining costs.

Its hoped by 2050 if not before to have a 50% palm blend in aviation usage.
Boeing and Neste the worlds bigest HVO producer have asked the ISA to permit up to a 15% blend for aviation usage. Currently a 15% blend would equate to 43mt or 3 x the entire volume of the EU market. That may not happen given the EUs anti palm oil stance. Problems arise as highlighted by Biofuelwatch which details serious technical obstacles to producing commercial quantities of aviation biofuels from any other feedstock other than veg oil & animal fats. Biofuel for planes would rely on HVO.

However HVO (Hydrotreated veg oil) is expanding 10x faster than bio jet fuels overall and is considerably cheaper to produce than HVO jet fuel. Most HVO contains palm oil and its expected that cheaper HVO fuels will be available for planes in the future but Palm oil for planes would be bad news for tropical forests and Peatlands. How one squares that circle is an on going debate.
Aviation desperately needs cheaper fuel which can only come from more palm oil production which clashes with one that needs to protect the biodiversity and all on God's green planet. If HVO is to be a serious competitor to jet fuel one can only see a steady increase in palm usage going into the 2030s and beyond.

Good morning Panthers, been following the stock since 30ish and decided to invest here. The outlook looks promising the assets more so despite the lukewarm Mrkt reaction now (do they ever get excited about anything?) seems as good a time as any.

It will be my first foray into the metals/mining area having been in the soft commodities produce areas.... the demon palm oil..... which trades at historic highs yet the sps are on the floor. So here's hoping PAT can redress the balance somewhat.

Good morning Panthers, been following the stock since 30ish and decided to invest here. The outlook looks promising the assets more so despite the lukewarm Mrkt reaction (do they ever get excited about anything?) now seems as good a time as any.

It will be my first foray into the metals/mining area having been in the soft commodities produce areas.... the demon palm oil..... which trades at historic highs yet the sps are on the floor. So here's hoping PAT can redress the balance somewhat.

I think nobull answered your post Mr Brie but I'll just add a couple of points. Tbh I think dividends on the Ords is pie in the sky and I'm not quite sure why you invested here? Was it the promise of dividends in the future? Why not load up on any of the top dividend paying UK stocks?
You say you added recently so you must see some shards of light in the gloom, but as is always with this Co whats gained in one hand is taken away by the other (the Govt) and of course not being able to price your commodity doesn't help much. The days of plantation companies returning 30% are long gone and for REA zero % is the new normal.

However much I and others rail against the current mrkt value of REA
we are carrying a potential Company disaster on our shoulders and thats all the mrkt is interested in. If your not an Apple or RDS debt is a killer to most Companies and one whose debt to equity is 80-90% you can see the mrkts concern. Some say we can pay off the Prefs and notes and the down at heel sp is overdone. Maybe?

REA has crossed quite a few Rubicons in the past and one more decisive step is almost upon us. Until the mrkt can see a clear path to our debt problem being addressed and reduced on a sustainable basis the shares are going nowhere. Will the board act before its too late? Oops its already too late.