Member Info for JohnLewis79

Quick butchers at DNO sp ytd (converted)...up from 109 to c.150 a 38% increase.

Heh heh heh :):)....

Why is Teacher spending so much time going back' n forth to Brussels, when a quick phone call would suffice? After all did she not say "no deal is better than a bad deal"? Anything more or less is a waste of time...or is she playing for time hoping Parliament will cave in under 585 pages of boredom and throw in the towel?

From the OECD that global economic growth will he cut in half by the trade war. Scores of American industry execs said that taxes on trade are already squeezing operations, delaying growth, imposing extra costs that will be borne by customers. Tarriffs, higher rates and oil prices are hitting GDP across the EU, Japan & China. More than 150 US listed businesses inc IBM & DuPont are already passing on costs as suppliers are squeezed to cut prices and factories are being moved from China to nearby countries to avoid tarrifs. US economic growth will fall to 1.5% in the first 3 months of 2019 (UBS think tank) as Cos reign in spending and costs especially in China where the drop in export demand is causing Chinese customers to re-evaluate expansion plans and in Instances cancelling orders. Trump may have to re-think his America first policy as his gambol of bringing US Cos back home has not worked.

Dow opened up on the front foot after futures indicated a solid start to the session the 30 putting on 145. However it was short lived as the afternoon crowd sold into rising prices leaving the Dow off a point (24465). Bottom fishers weighed into the techs believing the selling to be overdone & value in some techs in particular the FAANGs saw solid buy interest. Apple against the trend slipped 30c. By close the Nsdq was up 63 (6972) and now just 1% up ytd the 30 & 500 both negative for the ytd. Earlier London had a much better day the 100 posting a 102 advance (7050) the 250 up 219 & All Share gained 20 (3858). Stocks in focus were Sage which fell 20 after warning on margins, later recovered to close up 12 (548) but a shocking near 300 fall over the year. Kingfisher got the bums rush falling 5% on a poor update while Johnson Mathey put on 13% to 3141 nos well ahead of forecasts. On the economic front Britain's deficit widened to £8.8bn in Oct up over £1.6bn, expenditure out running receipts. Oils were boosted by the OP gaining 1.3%, BP & RDSB adding c.2% as the EIA reported that crude inventories had risen by 4.9mb to 447mbo. In Europe the DAX & CAC pulled ahead despite Italy where the EU commission has rejected the budget & on going banking crisis in Greece. Rises limited to 1-1.6%. In Asia trading is flat and directionless, the Nikkei up 106 on thin vols ahead of US mrkts closing today. HK down 3 on energy lower and SH off 13 on lower prices for large cap shares. The SHENZEN COMP (small caps) gained as some special-treatment- stocks hit limit up gains. The nos: Oils $ 63.10. Gold $1228. £$ 1.278. £€ 1.222. $Y 6.927. Coin $ 4530. MSCI 478. Vix 21.0. FF -3 & DF +43. Morning all.

Not yet ocelot.

Up 2%.

Can't put an exact figure on cash as expenses and expo costs can vary. However back in May unrestricted cash balance was $161m and net debt $89m. Debt has since been wiped out and we have had 6 months of payments averaging c.$ 26.80 for H1. H2 is est at $27-30m per month. So worst way cash should be c.$161m + c.$180m giving $340m for the F/Y. That translates to c.121p cash per share or 64%. In other words 36p represents the rest of the business. Ball park nos you understand.

I think 2 dreamers club's are more than enough boyo! Take a look at some of the forecasts for year end sp. Granted made over 6 months ago....even so! JL 359 Bunks 378 SDog 401. No need to embarrass anyone further....ahem...H 725 don't know what he was drinking at the time.

Time for the strong to take out some of the weaker bretheren oils...That's G...now cash positive to buy some oil assets with as little debt as is possible. Another opportunity like this may be a longtime coming. However I sense the board are happy to sit and accumulate earning little in interest. So far while good for the Co coffers its not been advantageous to the sp. Need to sweat our cash resources for better returns.

Gkp 620k traded...G 16k traded.

G value ex cash is c. £305m based on cash of £160m in May. Bofp calcs.

Stupidity of mrkts...ya gotta second guess sp's nowdays then re-check them! Gkp value ex cash just c. £200m.....crazy.

Agreed excellent results given the various cost increases, fuel, finance costs & expenditure on infrastructure. Net debt reduction to US$56m still dwarfs the mrkt cap of c.£36m.....as does shareholder equity of c.£253m. Largely ignored by UK investors which is not surprising given the state of global mrkts one to tuck away for the long term. I comment on behalf of a pis friend of mine who still holds a chunk here.

As if the turmoil on US mrkts was'nt bad enough along comes Greece. The financial crisis there has come back with a vengeance as the Govt draws up emergency plans to stabilise the banks hoping to evade a 4th EU rescue. Bad debts and implausible methods have led to a slump in bank shares down 60% since May while the wider mrkt is 33% down. Grecian banks have been called "the walking dead." Seems Brussels has badly misjudged the gravity of the situation. In Italy risk spreads on Italian 10 yr bonds spiked to 335 basis points the danger zone. Collectively Italian banks hold c.€380bn of the sovereign debt. A dust up with Brussels is very much on the cards at a time when growth is already aenmic across the EU zone. Governments are hoping at the next ECB meeting in December the council will roll over €800bn lending window. Their mandate is to protect the stability of the EU banking system.

Merry Christmas all...H its only November!

An hour into trading the Dow was down 430 dragged lower by Apple (-$8), GS -7$, Boeing -$9 and Msoft off $3. All the hard won gains in 2018 wiped out in just a few sessions such is the volatility of US mrkts. Heavyweight results have been disappointing, Target the latest to dissatisfy on Q3 shares fell 10%. Lowe another casualty and of course Apple ($177) which cont its slide off 5% & back to par for the year. No big board stocks gained during the session. The Dow down 650 at one time closed off 552 (24466) the 500 fell 49 (2642) & Nsdq fell 120 (6909) down 14% from high and in bear territory. Oil futures tanked 7% and the S&P energy sector led declines pulled down by weakness in Chevron & Exxon lower by 3% each. No-one is riding the tech momentum anymore snatching fast disappearing profits if you can is the main aim of investors. Other Techs hammered yesterday were 3M, IBM, Cisco, United Tech all c.2-4%. What looks like an overdue correction in techs might turn out a lot worse. No agreement on trade ahead of the G20 summit is a continuing concern dogging global mrkts. Earlier London closed lower knocked by the poor start in NY, the ftse fell 53 (6948) the 9th straight losing day, the 250 down 174 (18366). Miners, Airlines and House builders led the ftse lower as investors become more and more risk averse. BOEs Carney broadly supports Mays Brexit plan, Sterling marginally up v $ & €. Halma was a bright spot on HY nos better than forecast. Conde Nest is closing down 'glam' mags! Overall London reacted calmly to the rout on the Street but we are well ahead in the fall off in mrkts compared to the US, ftse down c.10% the Dow just 1%. London called better at open. Asia started poorly down over 1% across the region but stocks have rallied in the afternoon. The Nikkei off one month lows dragged down by energy and techs is off 340 morning lows to trade down 70. Nissan recovered 1% following Goshn arrest for various misdemeanours, allegedly using Co money for personal use just one. He has been dismissed. HK helped by Tencent is off 41, well off 350 lows heading to the pm session. Oil stock Cnooc sold down c.4% the Hang Seng at 25800 down 14% ytd. In Shanghai (-4) energy stocks lag the slump in oil the SHCOMP 20% down ytd and back to 2005 lows. The nos: Oil $63.60. Gold $1221. £$ 1.278. £€ 1.124. $Y 6.945.Coin $4410. Vix 22.5. MSC1 474. FF +6 DF +70. Morning all.

$63.49 as London closed...down 53 but off lows.

Charts say Bitcoin is oversold but that hasn't stopped another near 10% off the coin. Now c.$4650. Hope your not hurting too much!

Ftse tumbles on Dow called 360 lower at open...