Member Info for JohnLewis79

Good post patanj. I punted the RI as an option, not my preferred one more a case of free money for RR. They have enough cash in the short term.Sentiment is shot, here and in many sectors of the economy.Flying relies on confidence being restored that the virus is under control. I doubt it will ever be defeated after all there's no aids vaccine and they have been looking for one since the 1980s.Our craven Govt is not helping the economy getting out of a $2tn hole panicking as infections rise by a hundred or so and the vast majority will recover in time and yet here we are back in near lockdown mode being told we could face fines or worse if the 6 step is not adhered to. Good luck with enforcing that on a Sat night in a busy pub.While economies are being strangled by these useless measures RR will be parked on the runway. The US will have to lead the way out of this mess for we certainly wont. I despair at what has happened to the country, businesses lost forever, many thousands never to have a job again, more and more taxes, an added burden on tax payers and the complete lack of Churchillian spirit.

Good post patanj. I punted the RI as an option, not my preferred one more a case of free money for RR. They have enough cash in the short term.Sentiment is shot, here and in many sectors of the economy.Flying relies on confidence being restored that the virus is under control. I doubt it will ever be defeated after all there's no aids vaccine and they have been looking for one since the 1980s.Our craven Govt is not helping the economy getting out of a $2tn hole panicking as infections rise by a hundred or so and the vast majority will recover in time and yet here we are back in near lockdown mode being told we could face fines or worse if the 6 step is not adhered to. Good luck with enforcing that on a Sat night in a busy pub.While economies are being strangled by these useless measures RR will be parked on the runway. The US will have to lead the way out of this mess for we certainly wont. I despair at what has happened to the country, businesses lost forever, many thousands never to have a job again, more and more taxes, an added burden on tax payers and the complete lack of Churchillian spirit.

I'm an early starter cov! I like a 'bracener' to face falling share prices. Thank God I only have 2 non performers else I'd be completely wiped out. Poison of choice is a large G&T to kick start the juices! Ever since my Malay days I have a stiffner whenever I feel the need. Time is of nothing to me. Keep dehydrated don't they say?

Around £5700 buy value sends the stock up 21%, er thats 0.40p x 424m added to DKLs mrkt value....NICE!

As far as I know only 2 companies have a Govt Golden Share which means they can block a foreign take over and limit holdings to 15%. Those two are RR and BAES.

A merger between the two has been on the cards for many a month and could make sense. More likely imo is a rights which will be fully underwritten
to raise a couple of £bn. With the stock in the khazi nearing sub 200 a raise will have to be at c.20% lower to get it away. Bite the bullet and get it done.

Missed a day! Must stay off the sauce!

Friday usually a dull day in the mrkts so don't expect any fireworks today. REA might well report nos on Monday so today is your last chance to buy if your a believer.

Set them in your head only!

Hi comeonvog. DKL in line with the recent excellent nos from Anglo & Mpe. REA will no doubt report better nos which have yet to feed through to the sp. It's not written in stone that they will do so. What exactly is the sp telling us which is flying in the face of improving output and cpo prices?

My guess the mrkt knows of some nasties the Co will report next week. Even so can that be so bad as to tank 'estate assets' ($333m) last time, to near zero value? Whatever the reason there is a serious disconnect which nobody is addressing.

Back in the day company management used to say " we know of no reason as to the fall in the sp" or words to that effect, nowdays noone is much bothered. Then again is this the new paradigm which has passed me by, better nos, worse value?

REA should delist from LSE and plan an AP0 (another public offer) on the Mogadishu 1 Exchange whereupon I confidently predict a warm welcome awaits.
I hear on 'twittersphere' several others are planning to list where fees are negligible, regulations nil, zero exchange controls and shorters face a firing squad on Traflagar Square, Mogadishu's main roundabout the favoured venue for executions..

Similar to the name plate registration of the Bahamas the Mogadishu boys require little other than a gold name plate fixed to the Exchanges main door and the requirement to send money when 'asked'.

Opening prices are expected to exceed 100,000,000 mogadishers, that's c.£20 in our money but heh it goes a hell of a lot further than in Blighty. I'm up for it, what about you Mr Robinow?

The new rule of '6' will have an unexpected bonus for me, Christmas will be cancelled, yippee!
Ring me when it's safe to come out of the broom cupboard. Now where's that effing mask....

Mrkt caps of London palmers indicative only.... as below.

Anglo £203m
Dkl £8m
Epa £4m
Mpe £319m
Rea £21m

Malaysia palm oil growers seek help from Prison Departments in search of labour to work on estates. Currently there is a 36,000 man power crunch and that was pre pandemic which will severely impact output est at a 30% potential loss and could cost the industry $3bn. Currently about 80% of estate workers are "non locals" mainly from Bangladesh.

Prisons are overwhelmed with people locked up for petty offences. Malaysia has a huge labour shortage as the work is seen as dirty dangerous and poorly paid. Despite free housing, electricity and social amenities attracting locals is proving extremely difficult.
Sime Derby will lose 6000 workers this year as contracts end and has only managed to hire 300 locals. Using prisoners to work on estates is only a short term solution which has been tried before. The labour situation in Indonesia is not known but could be similar.

Covid-19
05:00
GMT

Total cases 28,025,174
China 85,153 +7
Total deaths 908,00
China 4634

Countries 213
(Selected)
USA 6,549,475 (195,239)•
UK 355,219 (41,594)*
Indonesia 203,342 (8336)¦
Malaysia 9583 (128)

• 35,244 infections
• 1207 deaths
• No1 in total cases

* 2659 infections
* 8 deaths
* 5227 cases per 1m pop
* 612 deaths per 1m pop
* 17•6m total tests
* 259k tests per 1m pop
* 11•7% fatality rate
* No 13 in total cases

¦ no 23 in total cases

Summary
Total cases 28,025,174
New cases 10,326
Total deaths 908,000
New deaths 696
Recovered 20•1m (72%)
Fatality rate 3.24%

Spotted 2 x 9.365m at 216.50 late on
but no 40m buy. RR fell 3% overnight to $2.78 (213.6) on 834,000 traded. US mrkts rebounded as techs rallied from correction territory (10% from high) seen on 2/9. Dow futures called lower.

DJ +439 (27,940)
SP +67 (3399)
NS +294 (11,142)
R2 +22 (1526)
WTI $37.81
10y/tb 0•689%

Amaz $3280 +130
Apple $119 +6
Boeing $162 -2
Carnival $18
Exxon $38
Goldman $203 +1
Msoft $212 +10
Tesla $375 +45
United $36 -1
Wallmart $141 +2
Zoom $400 +47

Tech rallies equities after falling 10% from 2/9 high (12056) commonly known as a correction. The "Big 3" Apple, Amazon & Msoft led the rebound.

Nos: Oil $40.58. Vix 29.
Gold $1955. Copper $3.035.
Palm $762. IDR 14857. $1.299
€1.099. MSCI(W) 571. FF-25. DF -5.
Morning all.

c.2 buys for every 1 sell sends the stock 5% lower, as expected. REA now heading towards 95% down from historic high. Very few companies ever recover from such a hammering, more a lingering death spiral until put out of their misery by a public execution. Another few buys should see the price comfortably sub 40.

Maybe REA is an exception though the mrkt doesn't seem to agree and as we all know too well it does not pay to buck the mrkts. Fixated as they are on the cloudy outlook for cpo prices, corona-v and the debt burden they are probably right to hold this c.45.
So do you feel lucky...well do ya punk? Hmmm? Yes, today tomorrow another story. Pray for some sellers to boost the price before next wks results.

Unfortunately over the years and in particular since the American invasion (Big Bang / owning shares) has become a dirty word..."Oi you dirty capitalist" raping the country of its prized assets, etc....you get the picture.
For better or worse it's the only system where Joe Bloggs can invest his hard earned nest egg without having a bet in the 2:00 at Goodwood or getting ripped off via derisory rates from the McMafia (Banks). Though it must be said Co 'form' like the nags are as illusory as ever ( who gives a toss about those?)

We all want to back a 5 furlong 33/1 winner (RR at 400) in a flash but highly unlikely. Best hunker down for the long haul and be prepared to add to a losing position in the hope it turns into a winning one down the road (I'm 40/60 on that strategy), ie losing 4/6 times.....not good! Having the discipline and pig headedness to stick through all the stormy weather could be what the Doctor ordered.

I recently bght in here at 208 and change and expect to stay through the next few years. I see no other option being a bull of the global economy not entering another 1929 'Great Depression' anytime soon. That one lasted nigh on 10 years. A repeat of that will see the UK already a ghost town in many parts (City of London) become a barren land of bread lines and the odd scavenger trawling the streets for scraps.

...is a few million buys to tank the shares to 12. Sorry guys'n gals just woke up from an over imbibed lunch session when all my dreams come true.

.....might also add never make investment decisions based on any comment here, we all have our agendas, bullish or otherwise. Imo it's best to take a 2-5 year view which will smooth out the ups'n downs of investor sentiment and share prices, hopefully in the plus column.
For a complete newcomer who likes a punt, buy say 100 shares and see how you go. Here's a tip which I wouldn't give to myself.....its better to add to an improving position than a losing one and by that I mean your owning more of a successful business than adding to a declining business. Trust me I'm an expert. Buy'n hold.....focus on the micro of a business not the macro.