Member Info for JohnLewis79

You might get a a few quid off!!
Back in the day I had shares in Trust House Forte and they always looked after holders. Mind you they weren't at the budget end of the mrkt. Good share made money on them and switched into Grand Met now Diageo.

Gordon Bennett!! When Paddy Power merged with Betfair I wrote the CEO the Co should be called Power Bet. Of course he ignored the best choice of name....mine and settled for Paddy Power Betfair.
Well that highly original name is being dumped for a new one...'Flutter Entertainment'. It sure don't get better does it?
They can flutter right off as far as I'm concerned.

I look forward to it.

Had a little on the young 15 year tennis prodigy Co Co Gauf at 80s to reach the Final. Now c.10s! Irish Open Mathew Southgate is carrying my money. I hope he sends me a cheque on Sun night.

I'm not sure what to think re the buybacks. While I'm pro the strategy for reasons I have outlined previously I wonder whether the bod have overplayed their hand? With just 908,000 in the kitty at an av of c.194 has it been worth it?
Tbh I doubt the board expected to hoover up anywhere near 5m, so on balance signalling the mrkt their is another buyer on the floor is good for investors. Will they cont to the 10% (27m) level?
Obviously very much price dependent but I see no reason to stop as they must think intrinsic value is more than 200. Wouldn't it be nice to know at what price they would stop at!!
If Mr Market cont to oblige at these low prices and let's face it the board know the up coming nos, I'd be following their lead. Buybacks for the right reasons are a very good indicator for pis to jump on board. The train has barely left the station.

It's a record busting day for US stocks ahead of the July 4th holiday, Americas 243 rd birtday. The jobs report which is expected to bounce back from Mays low (75,000) to c.170,000 jobs created may be a pointer to future rates direction. Unemployment at 3.6% is at a near 50 year low.
At the half day session the Dow had climbed to a new record up 180 at (26966), the S&P up 23 at (2966) along with the techs up 61 at (8170) and the small cap R2000 put on 12 to (1572) up 17% ytd. It's worth pointing out that 2018 saw US mrkts fall between 4% (techs) & 12% (small caps).

The year long rise in US mrkts is confounding the bears as every sector made gains yesterday. Ytd the 500 is 16% better, the Dow 19% and Nsdq up 23%. The T/Bill yields 1.95% and WTI slipped 39c to $56.95 on a decrease in inventories of 1.1m bopd.

The 'gung ho' US bulls failed to enthuse Asian investors, the Nikkei posts a small gain (+65), HK -30 & SH off 8. Investors here continue to fret over the global economic outlook.
Little good news is priced in and sentiment is fragile.

The nos: Oil $ 63.46.
Gold $1422. Coin $ 11690.
Vix 12.6. £$ 1.258. € 1.115
MSC1 531. FF+5.

Morning all.

Since commencement of the buyback programme on 26/6 G has re purchased a total of 907,647 shares at an av of 193.875 (value £1.760m ex costs).

G picked up 96,549 shares @ avp 196.25 today.

Good point...unvrkw...EasyH should do well in good, bad or indifferent times.
As long as vfm is vigorously maintained at all times. I have stayed in budget hotels where housekeeping was not up to scratch. If that is slipping what else is sub standard? I have yet to visit an EasyH so any personal expierience from holders would be appreciated.

Bofpc....i reckon G has spent
c.£1.553m on 811.1k shares.

Yesterday G picked up another 143,570 shares at avp of 197.04.

The 3 yr EZH chart resembles one of my o...lie shares. Vols and bargains have slowed markedly after the sustained selling of c.550k
shares on the 25th June.
No doubt about it the uneasiness over Brexit and the never ending selection process for the next PM is not helping.

As we know news is the lifeblood of Aim stocks so outside of an acquisition the next news flow will be the YE trading update in early Oct just before we Brexit, deal or no deal.

In the last AR the board said they remained confident the EasyH brand will cont to outperform the hotel sector.

Investors were not bidding stocks up on Tuesday morning preferring to stay on the sidelines cogniscant of the July 4th holiday for mrkts on Thrs and Labour market data due on Friday.
At mid session the Dow had slipped 30 the Nsdq 10, both indices are just 1% off record highs. The S&P hit its 6th record of the year on Monday fell 7 points.

On the trade front talks cont by phone. Meanwhile Trump has been busy adding another $4bn in EU tariffs to his roster mostly in connection with Boeing /Airbus. Boeing fell $2 to $354. To date some $21bn will be levied by way of tarrifs on EU goods entering the US.

Crude slipped to $57.10, Brent to $63.20 after energy forecast consumption was cut to1.2m bopd from 1.3m bopd. OPEC extending production cuts had only a small effect lasting barely a session. Exxon and Chevron lost 1 & 1.5%.

An afternoon rally saw the S&P hit another record close (2973), the Dow (2678) and techs (8109) close behind only the small caps posted losses
(1561). The US economy has just posted its 121st month of gains a new record. Over this period (09-19) the S&P has gained 220%, the Dow 215% and Nsdq 340%.
The bigest risk to the continuing strength of the
economy is Trumps stance on trade/tariffs with the rest of the world.

Uncertainty over trade and whether any agreement will ever be reached saw small lot sellers from the bell in the Far East. TK off 146, HK down 51 & SH losing 16. Pan Pacifics followed TKs lead, only Australia posting a small gain.

The nos: Oil $ 63.20.
Gold $1429. Coin $ 11321.
Vix 13. £$ 1.259. £€ 1.115.
MSCI 528. FF +5 DF -10.

Morning all.

US stocks traded at intra day highs the 30 (26890) & S&P 2978 both fell away in the afternoon, Dow closing up 117 at (26717) the 500 +23 (2694) and Nsdq gained 85 (8091) benefiting from a relaxation on dealing with Huaweii. Semi conductors surged as much as 2% along with Apple topping the big board gainers.
Oils (Exxon & Chevron) were unchanged on OPEC agreeing to extend cuts (1.2mbopd) as expected to March 2020. WTI off 36c to $58.86 latest. Boeing $356 (bigest component of the 30) dragged on the Dow still suffering from tarrif concerns and Max Jet, shares slipped 2%. Boeing stock is c.$100 down (52wks). WB gifts $2bn to 5 charities as part of his philanthropic plans.

Conflicting data from the ISM index pointing to a slow down in manufacturing and the benchmark 10 Yr T/Bill yielding 2.03% (2.60% in Jan) bypassed dealers. Fed-Fund futures are predicting a 100% cut of 25 points at the July meeting (20% chance of 50) while the Cleveland Fed recession model based on the yield curve predicts a 38% chance of a slowdown in any one year. Manufacturing activity is contracting world wide as the trade impasse continues.

Little changed in Asia this morning, HK is in catch up mode (+390) despite on going troubles with protestors storming Parliament. The Nikkei is flat and SH wavers above and below the breakeven line. Scarcity of trade news, mrkts act on local issues. Sentiment is fragile.

The nos: Oil $65.06.
Gold $ 1392. Coin $ 10248
Vix 14. £$ 1.263. £€ 1.120.
MSCI 527. FF +24. DF+20.

Morning all.

Trade talks went better than expected in Osaka and a resumption of negotiations will be underway shortly. Current tariffs will remain and future ones will be put on hold for now. However both sides remain entrenched and the gridlock continues for the foreseeable.
Asian mrkts took heart with TK & SH up over 2%, HK closed with Pan Pacifics following China's lead higher.

The nos: Oil $66.31
Gold $ 1395. Coin $11,100
Vix 15. £$ 1.269. £€ 1.118
MSCI 523. FF +46 DF+230.

Morning all.

Sounds boring to me but I guess that's the point. Takes the fun aspect out of your judgement v the Mrkts etc...bwtfdik?

You really want to invest in managed funds? Easy for me to say that your passing the buck for others to invest for you.

World mrkts have been on a tear up this ytd, even the MSCI is returning 16%. However many pis have missed this recovery as many Unit Trusts suffered outflows during Q1.

ETFs have performed better as they are more proactive as they hold stocks which they lend out and usually don't hold derivatives or swops.
This is just another among hundreds of pooled funds seeking your cash.

Are you sophisticated enuff to chose? Pick a 'wrong un' and..... ?

Never in a million years would I hand over my money to some faceless city invsstm manager. The stats say passive trackers beat them hands down.

Gluck H.

You really want to invest in managed funds? Easy for me to say that your passing the buck for others to invest for you.

World mrkts have been on a tear up this ytd, even the MSCI is returning 16%. However many pis have missed this recovery as many Unit Trusts suffered outflows during Q1.

ETFs have performed better as they are more proactive as they hold stocks which they lend out and usually don't hold derivatives or swops.
This is just another among hundreds of pooled funds seeking your cash.

Are you sophisticated enuff to chose? Pick a 'wrong un' and..... ?

Never in a million years would I hand over my money to some faceless city invsstm manager. The stats say passive trackers beat them hands down.

Gluck H.

H 235.

Hasiba 198
JL 204
Boyo 207
Ocelot 209
Sbustr 211
Without 214
Bland 220
Prime 225
H 230