Member Info for JohnLewis79

You paint a depressing picture nobull, unfortunately your right and had not cpo prices recovered to these $1000 imo unsustainable levels the Banks would have called in the loans and left us pleading our case down Carey St way. With B40 stalled and the backstop leg of B50-100 looking fanciful any down turn in 2022 would make servicing the debt which is basically why we are still operating ever more problematical.

A wholesale restructuring won't do us the 'ords' any favours and a 'salvation merger' would leave REA holders with the short end. Of course thats nothing new to long-termers of REA but might be preferable to any of the other painful remedies mapped out by nobull.

Somehow the Co staggers on
propped up by the Banks. Since 2014 never turning a coin. You have to wonder how much longer this can continue and what to do? A huge RI or Placing to rid us of the Prefs, notes and bank debt? Who would support that when the industry is under constant demands for more money from the Govt? Catch 22, its more like Catch 100!

Rea 113 (56)
Cpo $631 ($1106)
Cif(R) $1120e

Oil $36
Gold $1647

Ftse 5877
All 3287
DJ 23,533 (-1465)
SP 2741 (-141)
NS 7952 (-392)

$1•286
€1•141
IDR 14,352

Anglo 474
Dkl 2•20
Mpe 640

DJ +464 (32,297) R
SP +23 (3899)
NS -42 (12,752)
R2 +27 (1367) R
WTI $64•97
10ytb 1•527%

Nos:- Oil $68•47. Vix 23.
Gold $1731. Copper $4•089.
Palm $1106. Silver $26•365.
$1•394. €1•168. IDR 14,405.
MSCI(W) 2775. FF +22. DF +138.
Morning all.

Covid-19
05:00

UK 4,234,924 (124,987)*
Indonesia 1,398,578 (37,932)•

* 5926 cases
* 190 deaths
• 5633 cases
• 175 deaths

I've tracked my opportunity cost (gain/loss) to date, had I sold up here at end of last year (58).
I bght a dummy stock Oil stock and ytd am up 29% which reinforces how stupid I am to have held on here purely on thinking the usual stupid pis belief of if I sell its bound to rocket up....funny how one never thinks its bound to tank!

Oh well, things cannot get much worse can they? Assuming my o...lie flattens i need REA to reach 75. Looks a stretch but you never know when of course you do know, its a No No.

Now cpo has crossed the $1101 line we move up into a higher tax and duty band (Levy $255/Duty $144/Total take $399) up $28. Dkl Feb production update was positive but has no bearing here priced in euros and Ivory Coast demographics different to Indonesia in so far as they do not have to satiate a rapacious Govt gorging itself on the hard work of plantation companies.

The Swiss narrowly backed the Palm Oil Free Trade Agreement with Indonesia by 51•7%.

Rea 107 (58)
Cpo $644 ($1104)
Cif(R) $1115e

Oil $37
Gold $1659

Ftse 5960
All 3333
DJ 25,018
SP 2882
NS 8344

$1•292
€1•142
IDR 14,346

Anglo 498
Dkl 2•40
Mpe 634

Covid-19
04:30

UK 4,228,998 (124,797)*
Indonesia 1,392,945 (37,757)•

* 5766 cases
* 231 deaths
• 6389 cases
• 210 deaths

DJ +30 (31,833)
SP +54 (3875)
NS +495.(12,794)
R2 +12 (1340) R
WTI $63•87
10ytb 1•538%

No:- OIL $66•95. Vix 24.
Gold $1710. Copper $4•021.
Palm $1104. Silver $25•865.
$1•387. €1•167. IDR 14,410.
MSCI(W) 2762. FF -44. DF -36.
Morning all.

DJ +306 (31,802)
SP -21 (3821)
NS -369 (12,299)
R2 +26 (1328)
WTI $65•49
10ytb 1•571%

Nos:- Oil $68•76. Vix 25.
Gold $1686. Copper $4•110.
Palm $1097. Silver $25•395.
$1•384. €1•167. IDR 14,425.
MSCI(W) 2723. FF -14. DF +190.
Morning all.

Rea 113 (57)
Cpo $649 ($1096)
Cif(R) $1115e

Oil $36
Gold $1669

Ftse -497 (5966)
All -266 (3335)
DJ -1199 (23,851)
SP -226 (2747)
NS -625 (7951)

$1•313
€1•146
IDR 14392

Anglo 455
Dkl 2•40
Mpe 628

The start of the slump in equities during March '20 when the ftse and Dow bottomed out at 4994 & 18592 on the 23rd.

Or should that be because of.....!!! I've been lumbered in frustrating shares from time to time but REA really takes the biscuit! As we know the share price is representative of nothing its purely a number conjoured up by the barrow boys to keep their books level.
I have said enough on this subject to fill a book. The management are obviously not much bothered so why should we?

Covid-19
04:00

UK 4,223,232 (124,566)*
Indonesia 1,386,556 (37,547)•

* 4712 cases
* 65 deaths
• 6894 cases
• 281 deaths

Mpe announce F/Y results on 23/3 so we will get an indication as to how REA might have performed last year given the better H2 Cpo prices averaging c. ($812).

Mpe announced their 2019 results on the 31/3 shares opened at 456 and closed at 506 on the session. On the week ended at 530 a 60 gain. If past history is anything to go by.....

Mostly red in Asia, exceptions being KL, Singapore (+2%) & Aus.

Nos:- Oil $70•67. Vix 25.
Gold $1703. Copper $4•029.
Palm $1099. Silver $25•600.
$1•382. €1•612. IDR 14,358.
MSCI(W) 2729. FF+61. DF+21.
Morning all.

Covid-19
06:00

UK 4,218,520 (124,501)*
Indonesia 1,379,662 (37,266)•

* 5177 cases
* 82 death's
• 5826 cases
• 112 deaths

Recently I posted the Ftse All Ranking list of UK companies. Below is the top 5 US companies by mrkt cap as at 1/3/2021.

1. Apple $2145bn
2. Msoft $1787bn
3. Amaz $1584bn
4 Goog $1399bn
5 F/bk $680bn

500 Flowserve $4•97bn

Our top ranked company RDS(A+B) would be ranked no 47 on the US list along side McDonald's.

Flowserve the lowest ranked on the SP 500 would rank no 122 on the Ftse All list along side Travis Perkins.

Covid-19
04:00

UK 4,213,343 (124,419)*
Indonesia 1,373,836 (37,154)•

* 6039 cases
* 158 deaths
• 5767 cases
• 128 deaths

Rea 58 (123)
Cpo $670 ($1074)
Cif(R) $1105e

Oil $45
Gold $1674

Ftse 6463
All 3601
DJ 25,865
SP 2972
NS 8576

$ 1•305
€ 1•156
IDR 14230

Anglo 518
Dkl 2•40
Mpe 664

Next week global stocks slumped on virus and economy fears taking hold.