Member Info for JohnLewis79

I would say this BB is becoming impossible to navigate. Recent posts buried among those from yesteryear.
Bloody waste of time!

That should read .. 'best wait till buyers drive the sp to 42'...wont be long.

The beauty of this share is the more you buy the cheaper it gets. Last time I experienced this phenomenon was my 'blood thing' and I'm sure you all know what happened there. Best get in before buyers drive the sp to 42.

Picked up 1000 at 47.80 just to add to my losses like!!

Futures (+125) drag the ftse up 65. Not RR off 6 in the 'casino' spin the wheel hour.

RR closed overnight at $2.875
(221) on 537,006 traded. Ftse called 26 lower at open the Dow 53 better later on.

To support the B30/40 biodiesel program the Indonesian Govt levied $55 a ton on palm oil when the price rose above $570.
Under new regulations the levy will increase $5 for every $25 increase in the oil palm price. What is not known is what price will trigger the new levy.
A spokesman said the situation is manageable while crude remains c.$40.

Covid-19
06:00
GMT

Total cases 27,740,125
China 85,146 +2
Total deaths 901,869
China 4634

Countries 213
(Selected)
USA 6,514,231 (194,032)•
UK 352,560 (41,586)*
Indonesia 200,035 (8230)
Malaysia 9559 (128)

• 28,658 infections
• 498 deaths

* 2460 infections
* 32 deaths
* 5188 cases per 1m pop
* 612 deaths per 1m pop
* 17•6m total tests
* 259k tests per 1m pop

Summary
Total cases 27,740,125
New cases 11,975
Total deaths 901,869
New deaths 790
Recovered 19•8m (71%)

DJ -632 (27501) 2%
SP -95 (3332) 3%
NS -465 (10,848) 4%
R2 -31 (1505) 2%
WTI $36.50
10y/tb 0•671%

Amaz $3139 -156
Apple $113 -8
Boeing $163 -10
Carnival $18
Exxon $38
Msoft $203 -12
Tesla $323 -94*
United $37 -2
Wallmart $138 -5
Zoom $351 -18

* Tesla failed to make the 500
but is still the most valuable automaker in the world with sales of 400,000 cars to VWs 11,000,000.

Oil $39.54. Vix 31. Gold $1937.
Palm $763. Copper $3.03.
$1.297. € 1.101. IDR 14835.
MSCI(W) 563. FF -14. DF +78.
Morning all.

At 1:00pm JST
TK +120
HK -139
SH -11
SHZ -21
SK +16
Mal -17
STI +16
JSX +11
ASX2 +48

Japans economy sank into its worst post war contraction in 2Q as household spending and wages fell in July. The worlds 3rd largest economy fell 28% (Apr-June) as capital spending slumped over 5%. However it's not all doom and gloom as factory output in July rose at its fastest pace on record due to a surge in auto demand.

Nos: Oil $41.97. Vix 31.
Gold $1929. Copper $3.062.
Palm $764. $1.315. €1.113.
IDR 14,794. FF +9. DF -48.
Morning all.

Covid-19
04:30
GMT

Total cases 27,485,944
China 85,144 +10
Total deaths 896,860
China 4634

Countries 213
(Selected)
USA 6,485,575 (193,534)•
UK 350,100 (41,554)*
Indonesia 196,989 (8130)
Malaysia 9459 (128)

• 25,325 infections
• 284 deaths

* 2948 infections
* 3 deaths
* 5152 cases per 1m pop
* 612 deaths per 1m pop
* 17•6m total tests
* 259k tests per 1m pop

Summary
Total cases 27,485,944
New cases 5134
Total deaths 896,860
New deaths 301
Recovered 19•6m (71%)

A 75,000 buy at 49.25 and 20,491 at 48.80 were the only trades yesterday. If you think REA is criminally undervalued this is bargain basement, bogof time!
Trouble is can you be reasonably sure this is the bottom? Will there be any 'nasties' in the results? For instance a raise or more placings which REA have previous. Would you support a
rights issue if on decent terms? Back in 2019 the plantation assets were valued at $333m, c.£253m (576p) and may have increased since. Those nos may provide some comfort to holders but as ever sweating those assets have been fruitless.
Can REA catch a break in 2021, buying in now you have to think the company
will get into the profit column
for the first time since 2014. On that basis 50 looks a steal.

Causeway Cap Mngmt add to RR holdings.

A board appointment sends the stock 50% up.....finger in the wind stuff.

Guess that's what you call a mrkt! Bulls 'n Bears t'was ever so. Must admit I favour the upside from here but its going to be a slog.
Now with all the bad news out of the way it's factors outside their control that will determine a V, U or an L shaped recovery in the share price.

Civil Aero makes the most revenue but Defence is the bigest profit earner followed by Power Systems. W.East has forecast engine hours to fall 45% this year with no uptick next year (worst case).

I'm forecasting REA shares will fall on results day. That's a racing certainty they will rise. Will we get any spec interest this week?
Post results Anglo are down (6) & Mpe are (45) better. Ytd Anglo off 70, Mpe off 118 and REA off 120.

At JST 1:30pm.
China August exports better than expected after a strong July performance. Mrkts tread water as Wall is closed today.

TK -71
HK +13
SH -5
SHZ -6
SK +17
JSX -7
ASX2 -6

Nos: Oil $42.22. Vix 31.
Gold $1942. Copper $3.068.
Palm $762. $1.323. €1.118.
IDR 14737. MSCI(W) 573.
FF +58. DF -13.
Morning all.

Covid-19
05:00
GMT
Total cases 27,292,583
China 85,134 +12
Total deaths 887,554
China 4634

Countries 213
(Selected)
USA 6,460,250 (193,250)•
UK 347,152 (41,551)*
Indonesia 194,109 (8025)
Malaysia 9397 (128)

• 29,090 infections
• 430 deaths

* 2988 infections
* 2 deaths
* 5109 cases per 1m pop
* 611 deaths per 1m pop
* 17•6m total tests
* 259k tests per 1m pop

Summary
Total cases 27,292,583
New cases 8865
Total deaths 888,554
New deaths 249
Recovered 19•4m (71%)

You mad impetuous fool. Is that a good price? I dont know. Comeonvog
you must be feeling lucky! Let's hope that's the bottom. Shorting from here would be very risky indeed.
Results in a couple of weeks might stop the rot with cpo holding up in the $750s+ which doesn't seem to equate to a mrkt value of c.£20m with c.50,000 ha & (planted 36,000ha) apparently not worth a red cent.
Something is amiss methinks!!