Member Info for JohnLewis79

Within the next few days. The co is experiencing delays due to the lockdown and is taking advantage of the FCA ruling re reporting dates. From Co Sec.

Due next week. I have gm the Co Sec for an exact date.

More than yesterday at this time, 41,577 v 26,584. The big sells came around 11.00-12:00 am.

If yesterday was Capital Group, next likely suspects are Arberforth with 2.94m & Artemis with 3.56m.
If they need cash for redemptions this could test low 30s today. Hope your wrong rugs....

Casino hour sees small lot selling & part p/taking and I wouldn't want to hold these over the wk/end.... Easy to tank the sp 10% on nothing sells in these febrile mrkts.

Trades at 59 (3×2000).

Co announcements are backed up....

REAs landbank is c.80,000
ha (36,600) planted. If we assign a Armageddon price of $1000 (£806) pha that would value the Co at 147pps some 91 higher than today's opening.
Planted EV/ha values have been falling these last few years from $10,590 in Dec'17
$10,119 Dec '18
$8,337 Dec'19.
This year could be much lower but as said there is a huge margin of safety valuing REA plantation assets on land values. The current price makes no sense given they dont make land anymore and it's usage is perpetual. Of course other factors must be assessed but a mrkt cap of £24.5m is divorced from reality.

Covid-19
04:00
GMT

Total cases 3,308,503
China 82,874 +12
Total deaths 234,112
China 4633

Countries 212
(Selected)
USA 1,095,210 (63,861)
Spain 239,639 (24,543)
Italy 205,463 (27,967)
UK 171,253 (26,771)*
France 167,178 (24,376)
Germany 163,009 (6623)**
Indonesia 10,118 (792)
Malaysia 6002 (102)

* 674 deaths yesterday
* 2523 cases per 1m pop
* 394 deaths per 1m pop
* 901,905 total tests
* 13,286 tests per 1m pop

** Germany 30,400 tests per 1m
pop.

Summary:
Total cases 3,308,503
New cases 4283
Total deaths 234,112
New deaths 282
Recovered 1,042,874 (31%).

What is one to make of yesterdays incredible action in REA stock. Goodness me some 4.2m traded (c.10% of the outstanding) over 100 bargains dealt and all because the F/Y nos failed to appear....hmm?
I'm not one for conspiracy theories but you have got to wonder. A Fund (Capital Group?) selling out is not usually a good sign and done to do maximum damage on results day was hardly playing the game. Must say I'm stumped as to why, surely the sale could have been managed quietly away from the manic mrkts even if not an auto sale. Still believers had a chance to buy at 'rent free' levels, sub 50 valuing REA at just £21m seemed too good to be true. I doubt we will see a repeat today.

A bounce back to 55-56 was about right pending the nos which may appear today. Of hundreds of deals yesterday the last bargain dealt was a buy of 286,000 at 56.

This will be shorter my last few reports have been over long. The Dow opened 400 lower trimming yesterdays gains on reports of another 3.8m signing on for benefits. Jobless total is forecast to hit nearly 20m wk/ending April 18th topping out at 30m by May.
Some well known companies reported yesterday. * McDonalds taking a 22% hit on same store sales and revs down 6% to $4.7bn. * Twitter shares slipped 7% to $28.88 on better than expected Q1 sales and user growth both rose the latter 'actives' to 166m boosting revs to $808m. * Apple said sales grew but profits slipped, dividend up 6% to 89c and more buy backs were promised. Net income of $11.8bn on revs of $58bn, shares down $7.50 after hours to $286.
* Amazon the e-commerce giant reported sales up profits down c.30% as virus spend shot up but spend would be c.$4bn in Q2 to keep operations at optimum level, shares fell $119 to $2355 after hours. * Shell slashed its div 66% the first time since WW2 as profits fell 46% to $2.94bn for the Quarter, shares down 11% to 1286. CEO Van Beurdern said it was the most challenging times the Co had ever faced.

As firms uniformly report downbeat nos Crude continued it's good run up c.$3 to $17.70 on consumption hopes, output being slashed and countries gradually reopening for trade. Despite the mrkts closing yesterday in the red it's been a terrific month for US equities the best since the Wall St crash.
DJ +11% (24371)
SP +13% (2912)
NS +15% (8890)
R2 +14% (1311)

As May starts today will you be 'selling in May' going away & coming back on St Ledger Day? A once popular strategy in olden times when the landed Gentry returned to their country mansions for the summer. In 4/5 last years one would have made money. However the May-Oct period is the worst returning just 1.5% on average. (Nov-Apr) the best.

Nos: Oil $26.90. Vix 34.
Gold $1694. Palm $611.
$1.256. €1.148. PI 6361.
FP 6696..MSCI(W) 489.
IDR 14881. FF -78.
DF -280.
Morning all.

Simply the jobbers are not in business to make you money. In a usually thinly traded stock like REA any large out of the ordinary bargains you will be offered a take it or leave it price, regardless of the price quoted for normal sizes. Hence the distressed seller tag these deals get called. Did it myself in a tech stock in the 80s that had a 200 spread and had to take a 400 hit from memory during the '87 crash.

Hi comeon v they say dont look a gift horse....could you see more of the like? Well I guess so but every share has the potential to have forced/loose holders on the registers but 35 & 37 and now 25.....wow they must have been pretty desperate to move on. Def a 'Brucie Bonus' for those quick off the mark this morning. Time will tell if the big sellers called it right. No doubt a TR 1 will be issued shortly.

Volumes approaching 1,000,000
unheard of here and likely more than 1 years worth of deals rubber stamped before lunch.
Blimey talk about a Black Bat event, this mornings shamozzle equals that for a 'out of the blue' unprecedented event! I doubt we'll see the like again.

If you bght or topped up you'll likely do okay. At least I have appreciably reduced my avc assuming the seller was not privy to material info.......it could turn out to be one of my better efforts. Not counting any Bats mind......

Theres the big trades.
200,000 at 35
100,000 at 37
150,000 at 35
Hopefully that's the lot and we can move on...

Money I had ear'marked for here
I had to use in REA when the shares suddenly fell off a cliff at 9.30am hitting a low of 44 down from 88. Today they were due to report F/Y nos but failed to do so which upsets investors. Never a good idea to miss your reporting slot. Picked up 2 lots at 49 and 51 having averaged 129ish on previous trades. We shall see....if that was a wise move or just bought into a suckers rally.

Could be a late reaction to the article which I posted about yesterday. TBH I think the mrkt is well up on events re palm oil output weakening this year. If not, they haven't been paying attention!
No i tend to side with a big seller wanting out...jeez i hope it's not the Robinows! The price was firm from opening to 9.30 then fell off a cliff. Pointless speccing it's done'n dusted. Let's see at close if it was little more than a shake out or some bad info from the statement has leaked out.

No statement from the Company on the sp crash this morning. I take heart that nothing nasty is lurking in the bushes else they would have told us.
As SheerClass says could be a big seller on the sidelines.
Whatever picked up some at 49.25 and 51.08 just in case this has been 'manipulated' lower. The recent trading update gave no hint as to likely problems outside of the cpo price.

Shares in freefall down 31% on small lot selling....hmmm?

Oh well, did they mean end Oct, 2021? Quite a bit of buying interest this morning 26,584 at 86-88 most likely like myself thinking the results would be out.
I have checked other exchanges, the Mogadishu, S&P but nothing doing. Could be tomorrow, after that start worrying.