Member Info for JohnLewis79

$85.30 G & Gkp lower to celebrate!

Oil $84.84. Gold $1208. £$ 1.29. £€ 1.12. FF +12. DF +55 & Dow a record close. It's Mays turn in the spotlight this morning after Boris's 'chuck chequers' barnstorming' speech yesterday that thrilled the audience, not televised by the BBC (no surprise there), who preferred to waste viewers time by concentrating on the reserve team of 'who they' ministers. Of course the party faithful will be out in force for her speech where hopefully she will concentrate her firepower on Corbains crackpot economic policies which will turn the UK into a Solzhenistyn-Gulag Archipelago or worse. She needs to identify and promote a tax cutting policy, cut the reams of EU red tape, reduce / cap fuel duty, start realistic house building, tax Overseas Co's evading UK tax, cut taxes for small companies, stop throwing money into the vast pit of the NHS administrators pension plans, boost enterprise schemes for the young in the high tech of the future, scrap the guzzillion $ H2 rail link and do something about crippling business rates. That can only be achieved by a strong economy, not a Venezuelan give away much admired by Corbin acting as his puppet masters tell him. It cannot go any worse than last year's shambles, the crumbling backdrop, losing her voice and a protestor invading the dais mid speech. From what I've seen and heard the party will give her the benefit of doubt today and she will come out of the week just in front or at least level par. Thereafter it's anyone's guess. Morning all.

Morning comeonv....Agreed....add in $ rate rises, poss global stocks sell off, trade concerns and Emerging Market debts, won't mention Brexit...oops I just did...we're never going to hear the end of bloody Brexit...... the plot thickens. I'm on the sidelines atm re:- G despite the obvious attractions I'm sticking with my 'masterly inactivity' stance for now. Get past October (not quite the worst month for stocks) I might buy back for a Punta Santa Rally. Last year ftse rose 5% in Dec and G +6.

$85.06 c.highest level since Nov 2014. Q4 (day 2), starts off on the wrong foot.....FF-31/ DF-28. Asia mixed. Chancellors speech was light on specifics and low on attendance... understandably as the Budget is around the corner. Most of the action is taking place at the fringe meetings, JRMs was rammed highlighting the divide over Mays Brexit policy which she looks like getting through the conference only slightly scarred and will live to fight another day if she can puncture Corbins give away manifesto of pipe dreams. However Carrying Chequers through Parliament is another matter unless the EU are prepared to make considerable concessions. At this time a bad deal/no deal looks favourite. I cannot see anybody challenging May who will lead the Tories into the next election. I hope so as I have backed her to do so. Morning all.

Oil $83.18. FF -9 / DF +170. China and HK are closed. The Tory Party Conference will provide the backdrop to London trading this week. Is the Lady for turning? Her Chequers paper looks a dead duck yet she persists in digging herself into a bigger hole. Boris & the let's 'chuck Chequers' malcontents will be sniping from the fringes urging May to turn to the Canada path. Tory in fighting is alive and well. The conference looks to be more about her survival and getting a consensus on Brexit than any new policy ideas to entice voters away from the far lefts reactionary and profligate forces of Labour. There is plenty of ammunition to fire at Labour, their re-nationalizing of water, railways and energy, new taxes on business and the crackpot shares for workers scheme. Else it will be pints of mild & 'sarnies' at No 10 with the Mcluskey & Co. Labour may not be working but neither are the Tories so unless May sorts herself out and lambasts the deliberately vague Labour policies/bribes...the carrot of a second referendum, option of reversing the 2016 vote etc..., it won't be her way or the highway but down the M4 to Maidenhead way. Morning all.

Morning H...£150m as per your reasons to be cheerful or was that $150m? If so would change the % no to 35% of mrkt cap.

H....c'mon son!!

fcf ÷ by mrkt cap = %. I fancied Europe to win but thought the 11/8 was skinny so took 16s on Molinari to be top points scorer...(he is with Fleetwood) as he has a terrific record at this course which does not suit the yank 'bombers' of the golf ball.

Good place to be in....OP going up & volumes increasing along with global demand yet we linger at 248 where fcf will represent c.22% of the Co value. I very much doubt many co throw off those kinda nos! Improving fcf is a sign of a healthy Co thriving in its business as excess cash can be used to expand, pay divs, do buy-backs & reduce debt. Not to mention borrow if needed! When you have a Co with high & improving fcf with a low sp you can be sure the stock price will increase as many investors think fcf is the most important single metric when assessing the merits of a Co, inc eps as well! My problem is do I commit monies here where Gs nos are so good but to date underappreciated by the mrkt or buy Gold in the expectation of the US mrkt having a fit of the 'lurgies' and taking world mrkts much lower.....hence a flight into the Gold stuff... and a No Deal Brexit causing the UK economy no end of problems....see the Auto industry already planning for a 3 day week for starters and other unforseen horrors! A 50:50 split might be the answer but, I'm usually an all in s*** or bust investor but caution this time round will trump 'red or black' where the preservation of cash is my main concern which to date Gold hasn't helped at all! Bloody decisions! As per I'll change my mind tomorrow. Morning all. Go Europe!

A near $4 rise for oil over the week to $82.69 helped G to a 14p rise on the week. The oil bulls are back in charge. Not so the Gold market. Gold a (non interest bearing asset) has been a terrible store of safe haven value since the huge rise from c.$700 in 2009 to the high of c.$1900 in late 2011 all the way down to current $1192. The longterm upward trend has been broken and Gold 'Bears' are in full control atm. Gold is on track for its longest losing streak in 30 years, not helped by rising US rates and $ strength. Both are 'headwinds' for the Gold price as well as easing geo pol tensions choking off demand. Bears of the Gold stuff see $1167 as the next breakout downward leg should the buoyant US economy cont to support rate rises and $ buying. Naturally there are bulls of Gold about, BOA see the price at $1300 in the next 12 months but a lot needs to change to support that view. Im watching the price closely as i shall be investing as much as i can in the 'physical' as I believe the drop may be at its low. I can access c.£10k which won't buy me a ton of Gold but it's a start, I'd split the purchase buying 3 x100gram gold bars (pure 24 carat) for c. £9000 and 1x 1 ounce gold bar for c.£940 or I might av down if the price slips below $1180. However on a 12 month view I can afford to wait and see the trend being your friend 'n all that. Morning all.

No oil...no sfa!! A dilemma faced by many investors I'm afraid but tbh I rarely give it a second thought. I know I should particularly the exploitation of underpriviledged children in the sweat-shops of Asia. Unfortunately self interest trumps those of others....mostly.

Sp increase G 131% Gkp 168% Rev per employee. G £352k Gkp £530k E/V G $985m Gkp $752m M/cap G $910m Gkp $862m Beta G 1.46 Gkp 1.54 Beta nos are essentially a metric to calc cos whose volatility/ deviation is more/less than the mrkt av which is 1. In effect G is 46% & Gkp 54% more volatile than the mrkt av. High Beta nos have potential for higher outcomes, low Beta nos lower returns....well that's the theory.

Oil $82.17 +42c / (FF -10). (DF-2).

We opened at 257....now up 6 at 254 a form of mathematics I'm unfamiliar with. Jeeeez!

$81.80. FF u/c & DF +50.

Can't do that it'll take all day..

Nah...only 11 entered according to my records.

A reminder:- JL 350 Bunks 378 Without 401 S/dog 412 Tartine 480 Mrkman 525 Hydrogn 550 BobbySh 572 Ocelot 600 Lem 666 H 729

You have to go back to 3/2008 first time in recent memory oil traded above $100. Currently oil is heading North on the expected sanctions about to hit Iran in early Nov. Analysts estimates vary on the expected price spike but $85 - $100 cover most.........should countries respect 'Uncle Sam's wishes. With an estimated and these vary but c.1mbopd+ off the mrkt the OP is heading higher much to Trumps annoyance. Currently $81.37 (4 yr high) and balanced according to the Saudi oil Minister. So far OPEC are light on details about replacing as much as 2mbopd (Iran/Venezuela/prod & tighter inv) and will be happy to see higher prices. US crude inventories are expected to decline by c.2mbopd wk ending 21/9. $90 by Christmas?

As it should be...boyo!