Member Info for JohnLewis79

Hasiba...jump back in 195 and rising...Good decision to sell the family silver...

Jeez I must be mad...thinking of supporting the 100 cum pref offer Somebody shoot me.

Yup his Patient Capital trust has been a dog and he's had a succession of wrong'uns....part of the wonderful world of shares! He's off loaded over £1.4bn in shares recently as redemptions cont at a high level....can't win em all eh?

No tbf he ploughed in cash at terms dictated by him severely diluting pis. For instance after delisting at c. half a penny he offered cum pref shares for a min inv of £5000! You might say fair dos as he owned the Co but...? not one that pis supported most piling in at sub 1p prior to going private..... me included. I guess he'll get the £4m but not from me hence my holding is virtually worthless.

Bottom line no appetite to invest in British med devices shares suspended at c.0.04 now asking for new funds at 100 min £1000 investment to get the product to commercialisation and FDA approval. To date c.£100m has been raised for effn zilch! Always a risk in this field and my bet has failed. Severely ****ed off 100% down to bad management imo as the device was ahead of its time but the stupid bod couldn't see it.

Looks like my blood thing has come to the end of the road. Well orchestrated by that champion of the small investor ****er Woodford. A dilution of 100/1 the final nail in the coffin. Great shame we were not a sandwich shop could have raised millions. ffs!

Looks like Head Teacher will try and ram through second class status on the UK.... part ruled by Europe instead of forging ahead under our own steam. It looks a forlorn hope unless the Cabinet ditch their allegiance to their pay packets and vote down Mays deal. Little chance of that though Parliament may have other ideas. Much gnashing of teeth from the bolshies on the back benches... " we are toast...we're going to he'll.. it's like the Titanic with cap'n gone missing...the white flags have been raised over Whitehall...its vassal state stuff... Teachers days are numbered"...etc, just some of the gloomsters comments. No consensus on this imo the divisions may have widened this is madness rubber stamping a deal that ties us for evermore to Europe. Not what the UK voted for.

Over 1 month. G -14% Gkp -20% **** Over 3 months. G -24% Gkp -25% **** Ytd. G +84% Gkp +84% **** 1yr. G +75% Gkp +84% **** I guess that's what one would expect particularly on the 3 month nos as oil has fallen from $72..ish to current $65..ish over the period. So if we don't /do follow the OP, dont/do track Gkp (nos suggest we do) who the he'll do we follow?

The expected bounce in US mrkts failed to materialise dragged lower by the rout in the oil mrkts and energy stocks, by close the Dow was off 101 (25286) the 500 down 4 (2722) and Nsdq u/c (7201). WT1 down $4.24 settled at $55.69 The low point ytd and for a record 12th straight session. Trumps waiver to eight countries to cont to buy Iran Oil surprised traders who took that as a sign of Trump waivering on his avowed wish to bankcrupt Iran. Add in lack of progress on prelim trade talks took its toll on mrkt sentiment which is poor despite the solid progress of the US economy. Boeing often a big mover on the big board fell 2% on internal matters regarding a new stall prevention system that may have been a factor in the Lion jet crash in Indonesia. Moves in Boeing stock have a disproportionate effect on the Dow. Apple & Amazon were both lower the former on an earnings downgrade. Up moves seen in Intel, Amex, P&G & Caterpillar. Down moves Exxon, Chevron, Boeing, Apple & Cisco. Earlier London traded flat (100 up 1) & sterling gained on Brexit and Voda maintain the div after a £7.8bn first half loss (£+1.2bn). Shares added 11 to 156. Little news on the draft proposal to our leaving Europe which Teacher will outline at the full Cabinet meeting today. Initial leaks are not good for either side. In the East mrkts are calm after Tuesdays 7% fall in crude. Japan up 32, tech stocks gaining. HK down 133 waiting Tencents latest 3Q nos and SH little changed down just 8. The nos: Oil $65.28. Gold $1203. £$ 1.298. £€ 1.151. Coin $6273. Vix 20. MSCI 486(+2). FF -21 & DF +54. Morning all.

The mms more than happy to play the swings volatility being their lifeblood so lths can sit back and watch for a good (re) / entry price. No doubt about it G is in a much stronger position than one year ago yet this is ignored by the mrkt for reasons best known to them. Bigest bug bear for me is the lack of corporate action and why no offer has been made for the Co.... which must be debt free now and EV below $800m (£620m) surely a steal given fcf and negligent lifting costs? No use in beating oneself up over the perceived injustice of the sp. I think investors under appreciated the damage that huge downgrade of OIP caused back-aways.... Whatever it's what the mrkt thinks the Co is worth that matters. We can take a different view, which I do but atm am not prepared to back my judgement through to year end.

Yup...there are a number of options the bod can take which might provide a boost....buybacks for example but with G nothing is a given. Piling up the cash looks priority no 1 atm going into the year end. I'm ok with that short term. Drill news in Q1 will be anticipated by pis. With oil slipping to $68 we will need the extra barrellage to stay at even par. However as we well know good news does not translate into sp rises or rather has not of recent G vintage.

I don't like it when boards are expected to comment on daily sp moves that are transitory in the main especiall one as volatile as G. Make your own decision whether to add/subtract. I doubt any comment by the bod will make a difference. The figs are the most important factor.

As H rightly says " now is a great time to buy G" or as I would say " you have to be in it to win it'' or perhaps "no risk it no biskit"...missing out on a phoenix like recovery on any share will drastically reduce your long-term returns if you only invest when it seems the sensible thing to do. Relying on one share to work wonders is foolhardy unless your extremely lucky but the same strategy applies but spread your risk. The lesson to be learned is that value creation in the best periods of growth (US in the 50's and 00's) massively outweigh the worst periods (14-18 war & '08-'09 et al) for all countries. Those that invested heavily after the '14-'18 & World War 11 did amazingly. Timing is all and while most of us rarely achieve this....take advantage of 'blood on the streets' when others are fearful, etc...and you will hit a few sixes!

"At the end game" says teacher. But no agreement on the Irish border. Can she carry the Cabinet & the DUP with her to a successful resolution in Parliament? Any more Ministers resigning will hole her position irrevocably should a no deal be the outcome and trigger a no confidence vote... the worst outcome for the country should that lead to a general election and a Corbin Govt. Gut feeling a 'bodge' will be devised as Europe sure dont want a Labour Govt led by Euro-sceptic Corbin which would tank London shares.

All 3 US benchmarks saw the worst day since the last plunge back in late Oct. The Dow tanked 602 the 500 fell 55 and the techs off by 206 mostly Apple & Amazon. A combination of worries from global growth, oil price falls, a buoyant US $ and trade spats were enough for investors to flee the mrkts. Apple led the rout among the FAANGs falling 5% ($10) to $194 & GS slumped 7% knocking 110 off the Dow. CNBC's Jim Cramer said " this is a very serious correction"....notably among the tech stocks where Netflix & Fbk have lost 30% from 52 wk highs. After a comeback of sorts Tesla fell $10 or 5%. If Nov turns out even uglier than Oct the Fed's planned rate hike in Dec may be called off. The current yield on the 10yr t/Bill is c.3.20%. A little bottom fishing was seen just before the close. Alarm bells were ringing on the Japanese mrkts the Nikkei off 550 reacting badly to the tech slump in NY. All of the Nikkei sectors were in the red led lower by suppliers to Apple's IPhone and Autos sliding. The Nikkei rising in late Trade. Mainland China and HK are unmoved by the volatility in Japan HK off just 100 and the SHCOMP up 13. Earlier the poor start in NY knocked London flat after a bright opening. The 100 fell 53 (7053) & the 250 off 295 to (18812). Among stocks Astra Zeneca was a feature adding 97 on good trial results though BATs tanked 11% (352) on news of the U.S. Govt possibly banning menthol cigarettes a big earner for BATs. Holders of Voda have had a torrid time the stock off c.40% ytd. The nos: Oil 69.36. Gold $ 1205. £$ 1.287. £€ 1.145. Coin $ 6306. Vix 20.04 & MSCI 484(-10). FF +10 DF up 90. Morning all.

$71.52 (+$1.90) /production cuts. Blimey there's a blast from the past....Ariel Arrow. One of the early posters on G back-aways. Welcome back. Back for good AA? Far Eastern mrkts have turned up (c.0.2%) after initial falls heading towards the close. Trading is cautious across the whole region. Ftse called up 45 at open the Dow 80+. Gold$1209.$1.2891.€1.1403. Coin $6388. Vix 17.4. MSC1 494 (world index) ytd is c.4% down. The 100 (7105) is 7.6% down ytd & the UK focussed 250 down c.8%. Morning all.

On this 100th eleventh day of the eleventh month at 11.00 am we will remember them. The brave men and women who fought the good fight and gave the most that man can give. Life itself. We shall never forget.

Eng robbed! 15-16 to NZ... almost as bad as the 1000 G IPO!

Tell that to G holders at 500+ who have already been holding on since Noah and his Ark! I take your point that lth is statistically the way to go and I have been a firm believer in that strategy, however times change in that long-term holdings tend to go out into the stratosphere and imo pis cannot afford to wait that long unless your a teenager with a 40 year view. One size sure don't fit all in the investment game where you must take profits however minimal to keep your head above water. This unfortunately means you will have to trade a lot more than your accustomed to, the days of certs in the bottom drawer are long gone. The field of play has changed so dramatically nowdays that old codgers like me can barely keep up with the likes of boyo and lem. Well the old guard as in the praetorian guard of the Roman Empire were succeeded by younger blood and that's as it should be. Tbh what went for 'rules' of investment years ago do not apply now imo and if you cannot embrace the 'norm' now it's best you stay away. Thank you and good afternoon.

In a little over a month the OP has dropped from $86 (rounded) on 3/10 to current $69.70 (rounded). that's c.19% fall. Even allowing for sp moves on boyos charts one would expect G to fall which it has and tracked the fall in OP % for %.....G off c.18%. Oil opened up at $66.60 at beginning of the year so the OP is just c.5% up ytd, G still up 95p or 88% ytd which I would be more than pleased with if I had bght back then....which of course I didn't.