Member Info for JohnLewis79

Goodness £8.50....my bofp calcs are way way lower...but it's a minefield as there are too many assumptions on rates/growth etc...going forward 5,10 years that I don't feel comfortable in assessing or accurately plotting. For that reason I much prefer EV as a quick snapshot of what a Co might be worth and for the average pis that's as good as a starting point as any....imo of course. I think our resident facts'n figures guru lem will have the DCF value nos.

Sept OP av mtd $78.26 ($56.15).

Tullow abandon off shore Namibia well at cost of c.$5m.

$79.87 (+$1.08).

Well done H your halfway to the 10k Marathon...... shouldn't be long before you cross the line.

G rec'd $30m+ payment for oil sales in Aug ( courtesy advfn) so on that basis could we hit $400m of revs come year end? Def on the cards imo. That would be $171m more than '17 in revs when the sp was c.117-166 in Aug and closed at 108 year end.

Jeez...H! I had hoped that the 10.000 no on the top right of the board would go by unnoticed! I shudda known better your eagle eyes dont miss a trick....do they? At 9999 I had decided to post a last simple 'thanx guys I wish you well..but my race is done' so as to end at a nice round no. So you see I cannot even arrange that successfully. Your way too kind H, your comments much appreciated. Over the years, as one of the early posters, I feel I have got to know you as far as one can on these forums, as a 'stand up' guy who puts his money where his mouth is and that's important imo to show your consistent views and positive stance on G, (unlike my flakey wobbles) after all nobody likes an 'end of the world' merchant. That applies to all the lths here, some going back ways before i started waffling on Genel, who kept their counsel to themselves....you know who you are. The Friday Club has been a surprise success and thats been down to you H for keeping an interest in Gs weekly progress. That surely is a first on any lse quoted stock? Again helped by the quality of posters who have bought into the 'fun competition'. I'm waiting for tartines Friday club pick of 1000p to come true! So what to do now? Best i quit while i'm in front....on the early morning post at least, which tbh as i get older and more grumpier i'm finding harder and harder to make interesting (not to mention the ridiculous morning hour) without continually repeating myself..and that hasn't been easy.... So on that score H please accept my P45 which Mayor bunks can rubber stamp if you can drag him out of the pub. Afternoon all.

Evidenced by Exxon not joining the Dowphoria rise this year! Where Boeing strides up 70%+ as an example of a 30 constituent, Exxon is 7% down as a contributor to the overall 500 gains. Currently Exxon is c 2% up ytd. Whereas London big oil, RDSB is up 4% & BP up 8% ytd.

More bloody tech woes yesterday couldn't use my card in pub the virgin line was down, couldn't buy G as no access to HL for over 2 hours+...unable to quote...f'em! Those followed the Barclays IT failure and Nat West on line banking screw up yesterday. Why should they bother when the Banks main aim in life is to close as many branches as possible while driving customers to an unreliable, complicated mob banking service or to a charging ATM machine nowhere near you. Who t f runs these inefficient megopolies?.. The future is tech...yea like **** it is while run by a bunch of incompetents (most of the clever IT people have long gone)....and you wanna install a 'smart' meter?

I read somewhere pis hold c.40% Seems high to me....must be way out of date.

A much better wk for London (ftse up 190) the 100 boosted by a weaker pound knocked by Mays comments that negotiations had hit a brick wall & that the EU had rejected her paper..."needs revising Mrs May, go to the back of the class". Her way or the highway looks like being no way as MPs are against her proposals though noone is quite sure of Labours position. With the Tory conference starting soon 'questions' will be asked over her leadership of the Govt and... "what's up next Guv"? Friday Ftse added 123, All up 56, 250 +39, S/c added 28 and Aim 5 and ytd the 100 down c.3% Dow closed out the wk (+2%) at (26743) record close no 2, though the Nsdq lost 41 pulled down by a sell off in the FAANGs and the 500 u/c. Vols and volatility have been less than usual as investors react to Co fundamentals and not the constant drip drip feed of 'Trump****eries' & tariff info. Ytd the Dow is up 8%, the 500 +10%, Nsdq +16% & R2 up 12%. Incidentally the Dow from Jan 3 2017 has gained a stonking 6980 points to present......... The 100 a pitiable 347 points over the same period. Strong gains across the Asian region helped mrkt sentiment. The Nikkei its best weekly run in 2 years closed at 23870 up c.5% ytd boosted by a weak yen and big export stocks this last wk. The Hang Seng added 476 on Friday pushed up by insurers, financials and 10Cent. Ytd HK is off 7% while over in SH mrkts took a big turn up on Fri the SHCOMP gaining 68 (2.5%) its best wkly run up in 2 years.....but 16% lower ytd. S.Korea advanced 1% over the wk but 5% lower ytd. The nos: Oil$ 78.77 (-c 1%) on wk. Gold$ 1200. £$ 1.308. £€ 1.113. Coin $6734 & Vix 11.70. Futures point to a lower 100 & 30 opening on Monday. Morning all.

H for goodness sake (how mrkts work) don't bother. Many books on this subject most are incomprehensible and will leave you baffled and cross. Trust me I have tried....never did me any good trying to work out the intricacies of mrkt making other than they want to sell me a pup and screw me the rest of the time. Lots of stuff its best to be ignorant of... for certain the more you know the more you lose in my experience. Keep it simple, avoid all these chartists gobbledygook, instruments of destruction, beta theories, CFDs, ....blah blah blah they are primarily designed to rope in the unwary promising a quick route to riches! Watch the top line and see what's left over on the bottom line that's as good as way as any.

Heh guys....lets have a conversation, oops its Friday and the shorters are hoping to squeez another half p out of the Gemon (that's a cross between a lemon & a gooseberry)..no wonder it lies rotting among the autumn leaves. H, lem, bunks, Tartine, ocelot, bayoback, sparks and other lths all have eyes on the wk/end and I dont blame them. They need to recharge their batteries for how much more pain can the Gmen take?

...must be part of the Barclays melt down yesterday, the Nat West today and Virgin line to boot (unable to pay for my beer in my local). Joe Public seething unable to access cash fom terminals etc... All part of the great UK mis-management of railways, techs, bloody Brexit and goodness knows what else is being covered up...tech is the future...yea like ****

Been unable to get a quote from HL since 11.00am...ffs. Imagine if we were in a 'crash' situation!

It was quite a long article which I breezed through and saved to my front page expecting to read thoroughly later on....some chance. It was wiped off. Don't think there was any startling news we were unaware of... However they seem to think there will be all round upgrades when recent & future purchases 'bed in' Est £40m revs by 2020 (from memory) and P/e of 32 for '19 again from memory. Someone will get the IC I'm sure to fill us in on the details. Whatever a Buy recommend was issued, the last at c.135, so the IC has 'form' on picking this stock going the right way.

Heh guys lets have another ref and if the vote goes to the 'remain' camp we could have a play off or the best of 3...heh heh heh!

No such thing as privacy these days I guess most of us kinda knew that but the disclosure that Google is allowing hundreds of companies to scan your Gmail accounts and even share their contents with others is truly the lowest of the low. Illegal wiretapping is alive and well...beware!

All eyes were on the US as the Dow streaked up to a mid session record high (26654) as Apple and techs rose on strong demand with all but 2 of the 30 In plus column. In fact Apple which is price weighted to the Dow contributed 364 points, Boeing 300 & United Health 361 to the Dows rise. The 500 & Nsdq are mrkt value weighted and a $ move in any one of the constituents equates to a 7 point gain in the index. Top losers since early March are GS -68, Intel -21, Travellers -17, GE -2 and IBM +1 (All points off the 500). It's not just a tech led rally as Healthcare & Industrials have been doing very well however these stocks have not joined in the 'Dowphoria' IBM -8%, Exxon -7% Verizon -1% & Merck -4%. Leading the gainers Boeing +89% & Caterpillar 70%. Improving Co fundamentals & solid economic data have propelled US markets this last year, jobless claims record low, manufactr index record high, home sales expected to expand by 3% in H2, inflation in check and low rates. Against that background equities are going only one way. However siren bells are ringing as many think invstrs are too complacent in ignoring Trumps hard line stance as many US Cos source cost saving goods from abroad. At the close the Dow had gained 251 (26657) a new record close, the 500 +23 (2931) & Nsdq +78 (8028) also hit new highs. Earlier London had a better day only the S/caps fell, the 100 up 32 (7367), 250 added 51 (20551) and the All up 18 (4072). UK retail sales rose (0.3%) in Aug beating forecasts pushed sterling better while the PM one against 27 delivered conflicting messages at the Salzburg meet with EU ministers, no change there then...a bellicose Trump was in no mood to change his message to the Chinese and warned 'phase' 3 will happen...it'll be great, just great. Moving stocks were Metals, Rio T on a $3bn buyback, House builders and retailers, Tesco or is that JACKs now, ABF, M&S, Dixon's all blue though SBRY & Morrison fell back along with JD sports and Debs (-8%). French Connection a one time stock mrkt darling crashed 12% to 44 on poor results belying the Aug sales rise. The ftse still 4% down ytd the Dow up 8%. Asia continues its recent better performance on back of the 'Streets' record close Thursday. The Nikkei up 120 on a weaker yen boosted exporters (Sony, TDK) and metals advanced. HK rallied another 250 on property Financials and Tencent as energy fell on the overnight pullback in the OP. SH has jumped 40 after a weak start ahead of the up coming holiday. Consumer and leisure stocks led advances. SHCOMP off 17% ytd. However the constant war of words is impacting sentiment and business. China awaits a WTO ruling on a long running trade dispute with the US. The nos: Oil $78.73. Gold $1209. £$ 1.337. £€ 1.126. Coin $ 6545. Vix 11.80. FF +22 & DF up 65. Morning all.

Lesserof2weevils...I'll try mate! Def called my sell wrong had not factored in the momentum aspect.....still I made money and that's never wrong in these markets. There's little doubt that tech stocks are toppy on the Nsdq with several disappointing the mrkt..Oracle for instance and a recent survey by BOA Merill Lynch of US fund managers found 55% thought FAANGs values were stretched. London seems to be suffering from a buyers strike hardly surprising given the chaos of Mays 'Chequers' paper which most say won't wash and worries over the dreaded 'no vote' I'm on the sidelines probably for the duration, well at least till 3/19 for sure. Afternoon all.