Member Info for JohnLewis79

The White House 'protectionist' lobby won out over the Reagan 'Free market' philosophy as Trump announced his $200bn of tariffs on some 5000 of Chinese imports (c.40%) scheduled to start on the 24th or was it last wk or the wk before....you never know with the Donald. Another round of $267bn of tariffs could be in the pipe line should China carry out threats to tax US imports. This seems a certainty. The news.... announced after the mrkt had closed, leaked earlier spooked the 'Street' knocking the Dow 93, the S&P 16 & Nsdq 114. The sell off started on the Nsdq the FAANGS leading the fallers. Google/Alphabet down 1%, Apple off 3%, Netflix lost 4%, Fbk 1% & Amazon down 3%. The Saudi Sovereign wealth fund has earmarked a $bn investment in another 'electric' car maker called Lucid & not Tesla as was rumoured on the going private saga. Not a good day for Musk as he's also being sued in a Californian court for defamation of charachter (he called one of the Thai cave divers a paedo...twice... allegedly). Tesla stock u/c at $294. Oracle the software giant missed rev forecasts by $50m on its cloud-services sales and shares fell 5%. Earlier London closed down just 2 after the 100 hit an intra-day low of 7267, others unchanged on a lacklustre session. Sterling a tad better but miners were off on trade worries. Economic news was light though UK households registered their strongest outlook (H1 survey) in 3 years vis-a-vis their personal finances as Inflation at a 21 month low, wage increases ahead of inflation and job vacancies at record highs boosted confidence despite daily doom' n gloom reports from the Brexit factory Inc. The IMF adding to the consternation on the effects of a 'no deal' It's all bad for the UK but hunky dory for the EU.....yea right. Regretably we'll be hearing little else for the next 6 months. In early dealings the Nikkei is up 250 but HK continues the slide down 210 at 11.00am and running c.11% down ytd but more importantly 20% down on a 52wk basis thats bear mrkt territory. As is SH which opened at a 4 yr low but has recovered to trade a couple up but like HK is 26% off from 52wk high. Little change in S.Korea with n/c to Apple chip suppliers but Samsung trades down 1.5% The nos: Oil $77.59. Gold $1198. Coin $ 6247. £$ 1.315. £€ 1.113. FF -40. DF -50. Vix 13.68. G lost 3 (the third straight loss) as Gkp put on 7 (5/6 last sessions up). Dunno wot dey' be doin but lets av sum ffs!! Morning all.

Gkp now worth more...

Sage, Mfocus, TM 100 & tech 350 all down so far this morning. The love affair with Idea continues....

171 paid...buyers liking this!!

Sinking in Asia as the 100mph typhoon rages through HK and the South China Coast regions. A number of fatalities have been reported. Sentiment has been soured in the regions mrkts as a Chinese official said " China would not negotiate with a gun pointed at its head".....in other words if he (Trump) carries out his threat of tariffs today.... they could walk. As always its a high stakes poker game leaving other players to look on in the hope the pot can be split and everyone can go home. HK is down c.500 points pulled lower by sellers of Tencent (-3%), Galaxy casinos down 3% and Geely lower by 5%. Losses among property stocks is widespread. The double whammy of trade and typhoon is unsettling investors who are selling now and asking questions later. On mainland China shares were lower on trade tensions the SHCOMP down c.1.5% and S.Korea at mid session was off 1.6% (Samsung down c.2%). Taiwan and Singapore down c.0.5 to 1%. Aus, N.Z & Malaya bucked the bearish trend. TK was closed for a 'respect for the elderly' public holiday. The nos: Oil $77.97. Gold $1195. £$ 1.318. £€ 1.125. Coin $6510. Vix 12.07. FF -16 & DF -40. Closer to home Brexit happens in 6 months (with a couple of fall back options) should no agreement on the divorce papers be signed. Businesses are getting ever more nervous as the 'will they' 'won't they' get a deal done, uncertainty the friend of no-one. Deutche Bank preparing to transfer £bns of assets to Frankfurt. UK growth expected to be c.1.1% for 2018 slightly lower than forecast. Morning all.

Here's an overview of how the ftse has performed from opening on Jan 3 2012. Opened at 5572 so at today's open 7304 it's gained 1732 points c.31% over 5.9 years. Contrast that with the Dow which over the same period has gained 13817 points or 113%.

2012 (+14%) 2013 ( +6%) 2014 (-3%) 2015 (-5%) 2016 (+14%) 2017 (+8%) As to sectors I don't keep a record of winners/losers.

Currently Trumps tax cuts to the consumer and corporation cuts are bolstering the equity mrkts. So as long as a world trade war does not breakout and hinders world growth... and the Fed can keep inflation in check and thus keep rates at the current level its going to take a Black Swan event to upset the apple cart. Companies gorged on debt pray that won't happen and banks are better capitalised than in 2008 so the outlook is hardly disastrous. So far so good. Many analysts say their is 'ways to go' for US equities which trade at reasonable levels while the US economy is not overheating. Others say irrationable exuberance has overtaken the Nsdq and S&P and should expectations not be met a savage sell off could occur panicking investors into selling the good with the bad. While consumers have reined in on their borrowings and to a certain extent Companies, Government debt has soared. Total debt is up from c.280% of GDP in '08 to about 320% today. See what that does to economies and companies that have over extended themselves....should rates rise. It has already begun in Turkey and Argentina, South Africa is on the brink maybe even China which is notably slowing down could be next? We may just scrape through...though with such a loose canon as Trump in charge it'd be a 50:50 bet at best imo.

Quiet end for London stocks over the wk the 100 gained 0.4%, All added 0.4%, 250 gained 0.8%, S/c fell 0.6% and Aim u/c. Highlight was Carney's comments on house prices which got a mixed reception from the City. Housebuilders were sold off initially but rallied strongly on Friday. The BOE is planning for a worst case Brexit which seems prudent. Should we crash out of the EU sterling would take a hit and rates would certainly rise. Ytd the 100 is down 5% the All off 4%, 250 down c.2% & Aim +5%. Shares in N.Y. were quiet on Fri but posted c.1% gains on the 3 main indexes for the wk. Tesla gained $6 ($295) a rare occurrence of late. Trade jitters cont to dominate sentiment with Trump planning $200bn of taxes on Monday though at 10% not 25%, talks set to resume nxt wk. Losses due to hurricane Florence are est at c.$5bn. Economic nos cont to impress, cementing mrkt gains. Ytd the Dow is up 6%, S&P +9%, Nsdq +16% & R2000 up 12%. Bullish noises from the Far Eastern mrkts closed on Friday with the Nikkei at a 7 month high, +3.5% on wk and up ytd. HK added 2% with Tencent gaining 7% in 2 days as casinos rebounded. HK is battening down as the Typhoon heads towards Macau and the Pearl River Delta one of the most populated areas in the world. SH was the only downer (-0.76%) on wk, continuing its poor yearly performance. S.Korea added 1% thanks to techs (Samsung +4%) and Apple iPhone suppliers. Ytd TK +1.5%, HK -9%, SH -19% & S.Korea (KOSPI) down 6%. The world MSC1 has gained 1.25% ytd. The nos: Oil $78.10. Gold $ 1194. Coin $ 6456. Vix 12.07. £$ 1.307 £€ 1.124. Morning all.

How about sods law?...good as any reason for G's miserable last 3 months or maybe the corrupt mates-rates-shorter community...oh yes they exist! Or the runes are miss-aligned or Palace are bloody useless and i can't pick a winner. G's fundamentals mean sfa...you know that now...don't you? Never ever analyse a share on profits, dividends, cash flow etc..., it's a waste of time. How do I know this? Well I know of a stock worth 75% of G value that won't make one months of Gs cash flow in a bloody year! How does that work? Trust me your better off down Crockfords at least the wheel ain't rigged and the dinner is free with maybe a delicacy as a going home present....know wot i mean?

G put on 6 last wk that's from a mid session high of +18 which after recent runs ain't not bad. Gkp put on 28 after a mid wk high of +41. Goodness knows what they are mining but they must have struck Gold in them thar Kurd fields. The mrkt value of the two are getting ever closer, G at £641m v Gkp at £616m. Incidentally if Gkp had same nos of shares issued as G their mrkt value would be c £753m. However check Lems analysis of the two companies merits.... combine them they look impressive. I think we will be coming back to this thorny question of a tie-up of sorts in the months to come.

Bunks WTF is LP's...I thought they went out with the Ark! Jeez i have hundreds gathering dust in dark recesses of my flat..wanna buy?

This effing bloody lse just wiped out a 10 min blog...ffs! Of course I can't remember what I wrote being 3 sheets to the wind. Case in point... Gkp opened at 290 and is now up 7 at 274 according to the useless lse. Christ they have not updated Co financials (bottom of page on your mob) for nigh on 4 years...dont brother noone would believe the nos! Jeez I've had enough of this for today. Afternoon all. Im heading home to a bottle of Mouton Cadet and Shepherds pie and (crap afternoon telly)....NOT.

Oh yes...has been a gold mine for the barrow boys and their shorter pallyscallies, certainly better than buying Gold. As I said before don't make a tuppenybits worth of difference what G does, oil or jelly babies its in the grip of the 'dark forces' who have only one aim and that's to drive the sp through the floor. About time the board woke up and smelled the effn coffee. There you are just talked myself out of buying!

Well it's Friday so who'd wanna be holding these? FFS G should give us some really nasty nos, a profits collapse or another massive downgrade & the shares will surely fly! If only that was true...Jeez what's the mrkt cap..... only 4x fcf...unbloodybelievable! Seems no interest in buying Kurd o...lies atm....for why? Im gonna have to get back in before they go lower! So against my better judgement I'll pick some up today.

Effn predictive text...'right' should read wrong!

Jeez how much higher can it go? Fundamentals are outta the window atm imo and the P/e on £20m ebita is c.17x and no-one is suggesting Idea is gonna make those nos next year. So why all the enthusiasim for the stock? I must be missing something. I promise you it ain't sour grapes....honest!

A few of the talking heads said Carney was over egging things but he did say 30% over a 3 year period on a worst case basis, so who knows, maybe it was more shock 'n awe? My initial reaction was its very unlikely given that London house prices are struggling but nowhere near 10%, yet in the North they are quite buoyant. Anyway you made some good points so hope your right and the next recession is not started by a crumbling property price crash like the last one in California (2008).

Yikes....! Shudda got back in at 145 Grrrrrr!! Well done those who stuck with it.

Not a very flattering report on 'Struggling Ophir quits London' In the Torygraph this morning. All negatives, no positive comment at all. Thats financial journalism for you these days. Must admit if I was thinking of investing I'd be having second thoughts I can tell you.