Member Info for JohnLewis79

Blimey not again, and as last time little research was done on my part, more a hunch or gut feeling that the direction of travel was heading south and I should go lower.
They say there are two sides to everything, well not in the mrkt, the bull side and bear side for sure but only the right side really matters and I fell on the right side.
In arriving at 198 no goats or sheep's entrails were used, no mumbo jumbo or reading the runes and stars went into my decision making....well
that's what my witch doctor said for me to tell you and what the mundumugu says goes!

So, while I cannot prophecy next wks no I can pass on a WB saying that investors might remember.
He said "at times our stock will tumble as investors flee from equities but I will never ever get caught short of cash."
I have belatedly learnt that lesson and urge holders to think on that.

Blues 5/6
Reds 6/4

Referendum:-

No 4/9
Yes 11/5

GE talk wide of the mark given the chaos.
The reality is the EU have been clear that they will want to know the UK's
next step (if we even know?). Meaningful vote 4 has been viscerated! (Well maybe not). All that is left is another extension, plan Z or leaving via no deal on 12th April.

Ftse couldn't GAF up 30+, the UK in disarray, Europe even worse....mrkts set to boom?

Gaddafi Gove now into 3's

Goes down..(until the next one)
Where's jackass Johnson and Moggy?

Oil up, Gold up, ftse up, Dow up (forecast), Asia up and pretty much everything else (cep't Commons stock, well down on Aim) even my pork bellies are in profit... though my wheat futures are scaling down. Heh ho I'm minded to dump everything fearing a hung Parliament. So...

I sold out of my NFL spread to punt jai-ali with the offer of 20..given the Miami something bookies are members of the Bullingdon Club...ie a bunch of old Etonian ankwers I had to close out before they voided my bet.

I shall tune into this evening's vote as a matter of form expecting another win for the 'nays' which will leave us up shit creek with (out) a paddle or better/worse depending on your POV.

I hope G holders are of a minded view, to us stupid Brexiteers who when all is said and done wanted out!

IMF could be called in to rescue the Turkish economy as debts spiral out of control and the Govt are forced to sell foreign currency assets and shrink their balance sheet.

Capital flight is now overwhelming the Erdogan regime which has seen the lira lose to 40% of its value as external liabilities soar to $234bn and c.$150bn of this is short-term debt that's due to be settled this year.
The net reserves of the central bank have shrivelled to just $26bn just as they face a mountain of repayments & prohibitive roll over costs in April through July.

Has G caught a cold in the Turkey bank crisis with locals forced sellers as the exchange has fallen from 12000- 9300?

Next Tory leader...

Gadfly Gove 7/2f
Jackass Johnson 4/1
Riddler Raab 8/1
Mogadon Hunt 8/1
Remainer Javid 10/1
Hapless Hancock 16/1

Voters might consider the 'Monster Raving Loony Party' if it's still in existence, could not do worse imo.

Moggy 'very reluctantly' will back Teachers vote...the one he said was the 'worst of all worlds' and would leave us in a state of vassalage to the (unelected apparatchiks... my words) of the EU.

I do hope his constituency members have taken note
and will throw him out very shortly.

England's oldest man is 111 today and at times that's how I feel watching the Parliamentary merry- go-round in the Commons playpit. Today we have the half full/half empty vote concocted to allow Teach another go at getting her deal over the line...more to follow no doubt.
While they know not what they do, G's share price has suffered commensurately, and i must ask are they aligned in anyway boyo, have you factored G's sp to the ying yang yong upheavals in the Commons?

Take March as a case in point, oil has risen c.$2.40,
barrelage no doubt has increased yet G is down 16p mtd (Gkp +20). That seems illogical but then it mostly is with G.
Friday's tend to be a down day for G's sp, last 4/5 have closed lower so likely today could buck the trend (i wouldnt bet on it) though oil is flat at $66.40 and the 100 called 25 better dealers should be going to work in a good mood... never a good sign trust me.

Either way it's another dispiriting performance by G, now c.31% off recent highs (8/18) oil down 11%
since G hit 290.
I shan't attempt to explain this cos I've no idea why and yet again holding G in the minus column, that's the only certainty I can explain, if I've got it, it's going south!

So on that positive note and hoping my lowball 198 gets beat in a photo a good morning to one and all.

Having an ew bet on G/Gkp makes some sense should either one receive a bid of course.
However if they don't and both move in tandem you may regret your ew bet (splitting your cash) and diluting your return.

But I'm sure you have factored that possibility and to be sure if either Co
was bid for you would probably benefit by a rise in the other anyway.

The much talked about merger of 3 seems as far away as ever as does a Gkp/G combination and neither sp reflects any bid premium at all.

Says it all really and I have reduced G YE to 250 tops.

Mrkt Cap of the (2) Kurd o...lies realigned closer today following the sell off in Gkp stock.
G is capitalised at £569m and Gkp at £561m but on a ytd basis Gkp proves the better bet up 37% v G at 13%.
DNO mrkt cap swamps G & Gkp and trades near 50% up ytd.

Looks as though Gkp have got the G lurgy
following their results this morning, shares off 11 at 248.

Gkp barrellage 31,563 bopd v G 33,700 bopd.

Gkp sp c.27% greater than G but in value terms only £27m or 5%. Think the second % nos is the more important.

Without..... I don't do Facebook or Twittery or Instagram but thanks for thinking of me!

The utter flamboyance and disregard this Govt spends tax payers money on frippery and frumpery continues to dumbfound. How on earth did the accounts committee rubber stamp that extravagance!
Could they not have rented a room in Trump Tower for a few bucks for goodness sake?

Of course the DUP could kibosh Teachers deal as they have intimated they will do by not supporting her deal, until they disagree of course.