Member Info for JohnLewis79

The OP has dropped $8 (mtd) but is c.$10 up ytd. Whatever happened to $100 oil?

The nos:
Oil $64.60
Gold $ 1297
Coin $ 8225
$ 1.26
€ 1.13
FF -42
DF - 194.
Vix 17.
Morning all.

DHC...G have ruled out buybacks for the present. Can't remember the reason why off hand but didn't make much sense to me. I have previously posted why I prefer buybacks as opposed to divs.

I think the dividend pay out was sensible at c.8p. Surprisingly the shares ex adjustment went further south than anybody anticipated.
Thank God they didn't give us a 15p whack else we'd be sub 150 now.

In the ongoing debate re HUR its worth noting that HUR shareholders equity is c $790m v Gs $1.3bn (even after a $420m impairment).
Being they have c.7× the outstanding that's understandable.
Fairly obvious which stock is the better value even while not comparing like for like.
The mrkt agrees and disagrees imo.

Spot prices Jan- April.

2018 $68.13
2019 $65.18

Excellent...idea cont to source new customers to its SaaS model. I'm not watching the sp 10x a day now, my cert has gone in the bottom drawer for the next month.

Chatter in the mrkts over trade, mixed economic data, recession fears and the inverting yield curve cont to spook investors.

A small rally in pm trading took the worst off Dows lows closing down 221 with the S&P off 19 at 2783 below its 200 DMA and just above the 2776 technical support level.

Mrkts hate uncertainty, vacuums & the 'wait and see' which has been worrying investors who by and large have been heading to the haven of US Gov't Bonds.

Selling on the Street took Asia lower, worries on Chinese retaliation moves and the rush to Bonds took their toll on investor sentiment.

The nos: $68.22.
Gold $1275. Coin $ 8740.
Vix 18. $ 1.26. € 1.13.
FF +12. DF +23.

Morning all.

....it keeps falling because someone is selling....by the same token it keeps falling because someone is buying...heh ho.

Might be the proverbial 'tree shake' in the roll- the-dice- casino- hour.

The UK falls out of the top 20 league of competitive economies. IMD World Competitive Centre cited poor Govt competence,
high costs, tax regime and unable to hire workers needed for the poor showing.
The UK is now ranked 23 below Ireland and Qatar both entering the top 10. Singapore claims the top spot, Venezuela and Mongolia bring up the rear.

However the report concludes that short term the UK economy is very resilient. Longer outlook is cloudy due to a lack of vision, Brexit worries, little investment and increasing Govt interference.

None of us would turn down the chance of buying xyz stock at 10 and see it rocket up to 100 in a flash. Trouble is few of us are so lucky and the sp would likely be driven by speculators and not longtermers and the mrkt price would almost certainly have outrun the intrinsic value.

Most of us I think would rather G (i'm only using G as an example) trade in a narrow band reflecting value which we hope would increase at a sensible rate.
We should be wary of overvaluation as much as undervaluation.
If Gs stock price consistently mirrors business value each holder will receive a result that mirrors the results of G during his holding period.
Management's goal in so far as they care and they may well not be bothered with minority owners is to attract lths who have no duration or sp target but plan to stay indefinitely, very old fashioned know.

However if G could attract this type of holder G shares should sell at prices related to business value. This would benefit long term holders who need to sell in obtaining a fair price. At present an exiting holder at c.190 would not.

You may think all's fair in love'n war, its a mrkt you take the rough with the smooth etc... I contend its not a mrkt, more a Casino where your money at best has a 50:50 chance. I'm not proposing that stocks are the way of instant riches with no risk, more of give me an even break now and then!

Stocks are lower across the Far East as a trade settlement seems as far away as ever.
Trump told reporters in Tokyo that the US was 'not ready' for a deal.

Wall St back from a 3 day break slipped from the bell the lack of progress on trade settled the direction of stocks. The Dow fell 238 (25343), 500 off 24 (2802) and the techs lost 30 (7607).
Earlier London was mixed, the 100 off 9 (7269) the 250 gained 78. Sterling was stable in the wake of the Brexit parties election success and fear of a 'No Deal' outcome.

The nos: Oil $69.62.
Gold$ 1282. Coin $ 8591.
Vix 17.50. $ 1.266. € 1.133
FF -37. DF -51.

Morning all.

DHC i think a typo. Bp 525 not 225.

As ever ones appreciation of a companies share price performance is very much based on your entry point.
Buying G at 500 your not going to be quite so bullish or starry eyed as one who bought in sub 100. The former your a putz and feel like one, the latter your a financial genius or so you might kid yourself.

Timing is hugely important and may be one more of luck than judgement for many pis.
I tend to buy in too early certainly in G and my 'blood' thing, so my viewpoint, losing a bundle here will differ hugely than those who are doubling their money.
Averaging down can be profitable but with added risk and you need a substantial pot to cont buying from 500 to 100.
From memory I added 4 times at lower levels and got my avc to c.350ish before turning it in around 250 & 235 ish.

So had I held I would still be substantially 'out of the money' whereas i more or less made up my losses on G in another couple of stocks in the next 12-18 months.

From memory in some companies the job of managing the mrkts and shareholders expectations falls on the CEO and he is judged on how well the sp had done particularly when relating to management options etc..

One Co CEO who never talks to analysts is WB. He believes all shareholders simultaneously receive information on Berkshire and does not follow the common practice of talking one- on- one with large iis or analysts.

Doesn't seem to have hindered the appreciation of the shares since listing on the NYSE in Nov 1988. BH traded on the OTC mrkt prior to '88 and early prices were c.$12.

Currently if you have $302,660,00 You can buy one class A share or $204 for one class B share.

Correct DHC c.£715m not £780.

DHC to get into the 250 at no 325 G will have to be valued at c.£780m thats about 280p. Roughly 100 up from here or a 35% increase.
Not off the scale but like climbing Kilimanjaro a bloody hard slog!

In the top c.700 shares quoted on the ftse all share index, G is at =386 &
Gkp no 388.
A £46m mrkt cap will get you in the index at No 684.
and RDSA&B lead the list as the most valuable companies.

I fought Palace won it!

I heard Emily Boringberry on BBC touting another Referendum and oddly saying that Labour should become more pro Remain despite getting thumped in former staunch heartlands of Wales, the North East & Scotland.
Like leafy Islingtonians
and London centrics she regards any voter living outside of the M25 to be mere dolts.
However it was good to see her confirming that the total remainer vote beat the leavers vote and she now conveniently believes that the total number of votes count!
Well i never, there's a first!

There is no middle path through the Brexit bog and the next Tory leader may be forced to 'parlay' with Farage or sink without trace.
Look to Europe for evidence as to what can happen if you lose touch with the electorate where the old left/right have been usurped by M.Le Pens National Front and in Italy by the 5 Star.