Member Info for JohnLewis79

Covid-19
08:00
GMT

Total cases 27,070,121
China 85,122 +10
Total deaths 883,782
China 4634

Countries 213
USA 6,431,160 (192,820)•
UK 344,164 (41549)*
Indonesia 190,665 (7940)
Malaysia 9391 (128)

• 42,103 infections
• 709 deaths

* 1813 infections
* 12 deaths
* 5065 cases per 1m pop
* 611 deaths per 1m pop
* 17•6m total tests
* 259k tests per 1m pop

Summary
Total cases 27,070,121
New cases 15,934
Total deaths 883,782
New deaths 606
Recovered 19•2m (71%)

Total cases 26,795,701
China 85,112 +10
Total deaths 878,963
China 4634

Countries 213
(Selected)
USA 6,389,057 (192,111)•
UK 342,351 (41,537)*
Indonesia 187,537 (7832)
Malaysia 9385 (128)

• 54,013 infections
• 1053 deaths

* 1940 infections
* 10 deaths
* 5038 cases per 1m pop
* 611 deaths per 1m pop
* 17•7m total tests
* 259k tests per 1m pop

Summary
Total cases 26,795,701
New cases 12,157
Total deaths 878,963
New deaths 629
Recovered 18•9m (71%)

DJ -159 (28,133)
SP -28 (3427)
NS -145 (11,313)
R2 -9 (1535)
WTI $39.46
10y/tb 0•721%

Amaz $3250 -118
Apple $120
Boeing $170 -1
Carnival $19 +1
Exxon $39
Goldman $211 +3
Msoft $214 -4
Tesla $391 -15
United $38 +1
Wallmart $143
Zoom $370 -11

Nos: Oil $42.34. Vix 31.
Gold $1941. Copper $3.074.
Palm $762. $1.322. €1.120.
IDR 14755. MSCI(W) 573.
Morning all.

Fair points but however you cut the cake it ain't been recognised here.
The mrkt values REA at £22m trees or no trees. So how do they come to that valuation? Precisely what is worth £22m? Do they know or is it more a stab in the dark? Ok I know its not an exact science valuing companies and investors can take advantage of mis'priced stocks but REA for all its abysmal record these last 6 years is hardly a start up and has recognisable
financial metrics which are worth diddly squat atm.
Is the mrkt wrong? Should you be filling your boots? Anglo & Mpe have reported excellent nos so no reason to think REA wont do likewise albeit less losses than profits or more in than out. For reasons I cannot fathom the mrkt does not like this Company. Perhaps its the horrid equity the dollar notes, pound notes, prefs, bank borrowings and Director loans that do not inspire confidence for one to invest here. A company stuffed with debt caught in the virus maelstrom will never get an even break.

At the moment REA is taking more in than giving out which is not what investors signed up for and valued at less than my local Coffee shop some mad impetuous fool will offer 60 for the whole shebang. The Robinows wont that's a certainty as they control the Co presumably they are ok with the current valuation regardless of the drain on their finances being on the hook for any cash raises etc...

Not much change in cpo prices this week closing at $762 and ytd averages $674. TBH I dont know why I bother to report cpo prices cos they have sfa to do with REA. What the hell do REA produce, cos they ain't ringing any bells here. Ring me on 999 if you know. IDR closed at 14755 (14606) a tad better depending on your point of view.

Other Palmers the ones that actually produce the demon oil were unmoved. Crude fell $3 (7%) and Gold fell $46 but 27% ytd to the good.
The ftse closed at 5799 off 165 and ytd is down 23%, blimey nearly as bad as REA (check that number). Malaysian plantation nos ytd are off 9% following the commodity trend., copper, nickel, soy, crude, zinc, gold, silver, cadmium, zircanium, graphene, Rea oops already done that one, platinum, plutonium, palladium (I made that one up) etc...all down the khazi.

Cant say I'm looking forward to a bumper sports wk/end, footy is out of the picture and jockeys wearing bandit masks in the fresh air is a effn joke. Dont they realise they have more chance of winning the lottery than getting corona-v? More lockdowns are coming what the hell this country is bust so who gaf anymore, another 1500 cases, 2-10 deaths a day, dont go out, wear a mask, work from home, dont work from home, keep your distance, dont talk to strangers, dont talk to anybody, uckf off and die.

It's great as far as I'm concerned, I'm saving 15 pints a week + not going into shops that insist on me wearing a bloody mask. The lady who runs a charity shop near my local tells me her takings are down 60% since the lockdown was lifted mostly due to the ridiculous mask rule. I give up.
Evening all.

Charlie and I don't consider ourselves to be richer or poorer based on what the sp does. We do feel richer or poorer based on what the business does. We look at the business as to how much were worth, not the stock price-----because the stock price doesn't mean a thing to us.
Hmmm, I think WB is being slightly disingenuous as he owns most businesses he invests in.....but I take his point. The above does not apply here as it's now cigar butt status and probably has a few puffs left if you like damp squibs.

However you measure BHs staggering success since WB bought control, the amazing 20%+ growth rate per year and all the other stats, here's the view of one investor. He said at birth my son measured 60cm in length. If he were to grow at the same rate as Buffet has managed at BH by the time he's 40 he will be taller than the Empire State Building. That's the measure of the man. Unfortunately none of it rubbed off on me.

Back to the mundane & minutiae of trading in REA. I haven't checked but vols for a Friday are better than usual.
The jobbers wont offer any escape for the day traders (do we have any?).
So tough titty you will have to hold these over the wk end hoping the US mrkts dont crash, shouldn't impact here as we are have been in crash mode for yonks.

As I predicted some weeks ago these were going sub 50 and no reason not to visit low 40s unless you know diff? Of course stupidly I cont to hold these dogs in the forlorn hope of ever seeing 60 or was it 70 again and serves me bloody right! This could well become my 3rd wipe out stock and thats gotta be some record for an investor.
Oh well, not to worry my RR are heading the same way. I sure can pick'em. Have a good wk/end all. The battle resumes on Monday.

How long before capitulation?
REA has now joined the infamous 90% club. Currently from historic high of 795 ish the stock has fallen 93%.
Six months ago you'd have never thunk that possible would you?

Gates might have but none of us mere mortals that's fer sure! Oh well I console myself I'm not the only who doesnt know what they are doing! No consolation I grant you.

In the black the Dow called 70 better

Down just 5, the Dow called 70 better.

Best ignore opening exchanges the sp all over the place. More indicative at 9:00am....if then?

Ryanair share placing a success raising gross proceeds of €400m for the Co.

Having slept on the 'am I in or out' have decided to enforce the follow on. I must be nuts.
I'm only 30% down on REA guess that's ok, well for me anyways accustomed as I am to picking duff stocks. Given I have no idea how to value REA now worth a massive £20m, i'm wondering is that for the plant & machinery or could it be the planted acreage the coal and stone or the figment of Tom Cobley's imagination,
maybe its the badwill? Heh heh heh!

I dont know so not much point looking elsewhere where I will face the same problem. I shall have to tune out from the daily sp 'snapshots' they are becoming injurious to my sanity!

RR closed in NY at $2.94 (-0.01) on 732k traded. News of the China deal low on detail, was nevertheless a welcome respite from the doom'n gloom surrounding the Company.
US equities sank on some long overdue profit taking. Whether a summer blip or the start of a correction we shall have to wait events. London is called 30 lower & Dow futures are little changed atm.

Covid-19
03:30
GMT

Total cases 26,467,490
China 85,102 +25
Total deaths 873,213
China 4634

Countries 213
(Selected)
USA 6,335,244 (191,058)•
UK 340,411 (41,527)*
Indonesia 184,268 (7750)
Malaysia 9374 (128)

• 44,507 infections
• 1094 deaths

* 1735 infections
* 13 deaths
* 5010 cases per 1m pop
* 611 deaths per 1m pop
* 17•6m total tests
* 259k tests per 1m pop

Summary
Total cases 26,467,490
New cases 8461
Total deaths 873,213
New deaths 690
Recovered 18•7m (71%)

DJ -808 (28293) 3%
SP -126 (3455) 4%
NS -598 (11,458) 5%
R2 -48 (1545) 3%
WTI $41.08
10y/tb 0• 636%

Apple $121 -14
Amaz $3314 -217
Boeing $171 -2
Carnival $18 +1
Exxon $39 u/c
Goldman $208 -3
Msoft $217 -18
Tesla $380 -66
United $37 +1
Wallmart $145 -6
Zoom $381 -42

A day of reckoning as investors headed for the hills. The Dow back in the red ytd while the Nsdq with its lofty valuations (Zoom on 500x) is 28% ahead. The start of a long overdue correction or just a summer blip? We shall see.

The nos: Oil $43.65. Vix 34.
Gold $1947. Copper $2.984.
Palm $765. $1.328. €1.121.
IDR 14776. MSCI(W) 579.
FF -17. DF +58.
Morning all.

UT. Don't worry about it as it's way too complicated to sensibly define due to the 3 types of pricing to determine the close. Sets, SEAQ & Setqx all have their methods and then there are 8 pathways via registered mrkt makers and not registered mrkt makers.
You also have the 'call' phase & the 'determination' phase...dont ask and just to make things even more complicated you have the 'random end' periods, keeping up?
Dont concern yourself it ain't worth the bother! I have managed without worrying about uncrossing trades for 55 years. It never stopped me losing money.

RR $2.94 (221p) in NY. Closed in London 218.30 on 17,185m traded value £26,610m. Last 5 trades (off book) vol 1.526m at 225.40.

I have a buyer for my holding at 50 and am minded to accept. The offer is good for 24 hrs.

Good! Long overdue a correction. Apple worth more than the entire FTSE 100, who in their right minds believes that? Crazy valuations among techs, Tesla, Zoom etc. Its been a one trick mrkt for a year now as pis piled into crap stocks like Kodak, Luckin Coffee, Hertz and corona-vs on life support from Trumpton.
Main St v the Street are the chickens coming home to roost? Will investors at last wake up to the puffery of stretched valuations where posting x$bn of losses is guaranteed to see a surging stock price? Hell why bother with making money any chump of a CEO can blame the virus and hold out the begging bowl.
A reckoning is around the corner and all those chits are going to be 'called in'.

Posted a response to your post but then pressed the wrong bell and the lot was deleted so cannot answer in full. I think the gist was value might out in the end but I have already hit the buffers. If I get the urge I may try and do another but to be honest it's what you might expect from a sore(ish) loser and would just be beating myself up for the gallery's amusement, being so stupid to get involved with this no hoper.There you have it. A not very erudite response to a wasted year not to mention a few wasted quids. I hope to be clear of this clusterucfk as soon as....in the meantime I'll cont with my morning bits'n pieces. Good luck if your staying put. My near 60wk stay hasn't worked out and that's down to me being a lousy stock picker and I'm ok with that at least my losses weren't of my blood thing proportions and thank God for big mercies.Dont be surprised if the sp goes up a 1/2p I'll get madly bullish all over again. If you see signs of that you have my permission to send a hitman round to make me an offer.....