Member Info for JohnLewis79

Jft ...it's the casino hour!

Yup another positive for G holders let's hope the mrkt sees it that way also. G's % of Peshkabar is going to be a nice little earner once 6&7 are producing. When they are on stream and if the OP can get off its arse we will see a considerable boost to our earnings. Strong hold at worst imo.

Approaching midday Asian stocks are lower across the board, TK (-175), HK off 210 & SH down 5. In Tokyo a flat yen had little effect on dealings once again local factors are moving the mrkts. EISAIs cont falling on the FDA insisting its Alzheimer's drug needs more testing. SH was rattled by vaccine maker Changshen tanking another 5% and lower for the 10th straight session dented sentiment for local stocks. BMW are increasing their prices by c.4-7% in China for their popular SUV models. Other Asia/Pacific mrkts, S.Korea (Samsung -0.75%) Singapore and the Phillipines all down. Cap Economics said Aus & N.Z. will struggle to grow next year pencilling in 2.5% and N.Z.(2%) down from 3%. Aus & N.Z. seem to inhabit a world of their own we rarely talk about them, I guess size is the main cause compared to the bigger Asian mrkts their importance pretty much discounted despite the AUS -China mineral trade. Oil was trading flat ($74.29) reacting to the shut down of a key shipping lane though US GDP nos (+4.1%) should in theory have been a positive for oil given a strong economy consumes more energy. However a small increase in the rig count(+3) probably didn't help. Gold is off $2 to $1220 having fallen from c.$1260 high last 30 days and off $80 ytd. Sterling $1.3104 unmoved on trade tensions easing between EU and the US which might have a knock on effect to NAFTA / Trump talks. London and N.Y. called 50 & 60 lower to start wk 31. Ytd the ftse & All Share are both just blue up 13 & 11 points respectively. Coin is currently $8182. Morning all.

Jeez H....I wouldn't know where to start! I suppose you'll sleep better but miss a lot of the fun. I look forward to the BB chat on MSCI world UCITS ETF!! Heh heh heh! Never been my thing investing in such typo funds....heh maybe that's why I'm skint but Good luck. Incidentally WB made his fortune by investing in quoted Companies not funds. Anyways your spreading your risk and remember your potential gains are getting divvied up 4 ways..it's kinda like the guy who says to the pizzaman " cut that into 8 pieces I couldn't manage 4." I'm off for a bevy. Lovely and cool in London town this morning. Well done Geraint!

Where's Lemming?

I'll re enter the fray this week going for.... Tiger 262 JL 273 Without 289 H 330 Whitehat 337

A no of US blue chip stocks took the shine off the mrkts gains this week. F/bk cont south losing c.1% Twitter bombed 21%, Intel off 6% Exxon down 3% and CBS -6% (CEO sexual misconduct allegations) all fell on failing to meet expectations. Amazon rose 0.5% on beating expectations their profit nos ($2bn) the highest since listing and double estimates, ytd the stick is up 55%. GDP nos came in around estimates & highest for 4 years sending signals that the Fed's plans for poss 2 more rate rises are a 'GO' Trump called the results 'amazing.' Wk closes saw the Dow up 1.6% S&P +0.6% the Nsdq fell 1.1% and Ytds are all blue. London gained for the 3rd week running on generally positive Co nos. BHP, BT, Reckitt Benk all up c.2-5% yesterday. BPs purchase of BHP shale assets for $10.5bn was a positive shares ticked up 3 to 567 and 28% up ytd. Ftse closed 7701 (0.18%) ytd, the 250 added 100 ytd up 0.70% & All Share put on 21 ytd u/c. Brexit now on back burner for a couple of months. Asia finished mixed on week TK u/c, HK +2% & SH +1.6% but still c.12% down ytd. Oil added (1.8%) on wk c.15% up ytd the 350OG +6.5% ytd. G slipped 9 on the week, Gkp pushing up 5. Both healthy gains ytds as Gkp closes the gap both 149% to the good (actually Gkp is 150%) grrrr! Other nos: Gold fell $9, sterling off 0.21% ($1.3104), Vix 13.03 and coin $8161 up 11% on wk, ytd down 49%. Morning all have a good wk/end.

It's Friday guys, very hot, people away on holidays so interest even from the day traders is non existent. Most lths are fully invested and are unlikely to add more at this level. Boring as it is we have had a goodly share of fireworks this year! A couple of months of 'masterly inactivity' is good for ones temperament. Shut off the computer or mob and go on holiday. I'm intending to do just that shortly.

F/bk loss alone (c.£92bn) would place it in 4th place in the All Share mrkt cap league.

There are nearly 300 companies on the All Share with a £1bn mrkt cap.

See what you get when you disappoint the mrkt. Facebook stock breaking any no of records yesterday, mainly the worst one day collapse in value of a US traded public Co the shares tanking 19% that's $120bn off the mrkt cap & $16bn off Z's personal fortune. This easily beat the previous record holder Intel's $90bn & Microsoft $80bn wipe outs. Declining user growth is a killer for a social media / data outfit like F/bk where people have been voting with their feet. The $120bn fall eclipses the value of many ftse stocks! Tech shares were hammered the Nsdq falling 80 on the busiest week for 2Q results. However Facebook's travails were largely ignored by the Dow which gained 112 focussing on GDP nos taking centre stage today which are expected to be stellar. A 4% increase has been pencilled in which will have Trump chortling" i told you so, I am great, I'm a genius".... confirming his corporate / households tax cuts are good news for jobs & the economy. Back in Blighty it was an up 6 down 6 kinda day for mrkts as a no of heavyweights reported. RDSB fell 4% as the nos fell short ($4.69bn a 30% increase v exptd $5.96bn). The oil major has a 6% weighting on the benchmark index. Schroders off 4% but gains for BATs H1(profits increasing) & Smith & Nephew balanced the books somewhat. Little change in the All Share & 250 indexes, ftse put on 5. Euro mrkts saw larger gains on the ECB leaving rates u/c and the love-in between Trump and JC-J boosted autos the DAX adding 1.8% and France's CAC 1% on the day. £€ little changed at 1.17. Brexit news confirmed that Europe would not accept parts of TMs white paper...no change there then. In Asia Tokyo up 60 (Nomura Bank down 6%), HK & SH off lows & near blue nos, once again on local Co factors. Trumps pull back on tariffs having little effect here as many suspected Trump would balk at jumping off the cliff. Ways to go on China/US talks. Oil futures rose $74.46 as S.A. closed a strategic shipping lane in the Red Sea following Iran backed Houthi rebels attacking 2 tankers. G pulled back from 263 to put on 2 by close continuing the volatile daily sp performance. Co value (£760m) continues to hugely disappoint, despite the gains this year. A sp of 358 would take us to a £1bn Co. One day Rodders?... The nos: Gold $1223, £$1.3105, Vix 12.14 & Coin $7892. Ftse to start blue up 10. Morning all.

Tech glitch I guess?

Up $75.14

Horrible OP costs (59%) / 2017 / wages etc 43% of revs..granted 60 more staff employed and similar nos last year...compared to peer Mfocus 17% cost of sales but of course on a billion of revs. On balance as long as revs increase and substantially those wage costs are going to look out of kilter even in a 'people' business.

RDSB launch a $25bn share buyback (834m shares) scheme over the next 2 years. There are 8.343bn shares outstanding.

J-CJ 'hic....burp!' goes to see the Trump giving Supply Teacher May a wide berth. She, having screwed up Brexit on a part time basis is now taking full control of the talks via her remainder stooge Oily Robbins, an unelected Whitehall civil servant. He should get on well with the unelected bunch in Brussels. Dominic Raab (who he?) should resign forthwith.

Tullow results: cash flow doubled in H1 to $400m while revs boosted profits for H/y to $55m (-$348m) allowing net debt to be reduced to $3bn. Production rose in W.Africa to 88k barrels a day. Tullow is valued at $3bn.

A little known fact that money is deserting emerging mrkt funds and flooding into US stocks....some $9bn in June and scince March $35bn has headed to US mid to small cap stocks. Due mainly to the rising $ which makes commodities dearer and more expensive to settle debts. The current P/e of the 500 is c.16x hardly expensive. S/caps are up 16% since Feb low while mid caps are up 11% benefiting from Manufacturing up for the 110th month, unemployment at 17 year low and household incomes up. Analysts are forecasting Q3 to grow c.8% Q4 c.6% as something like $2.5 trillion is seeking a home in stocks (corporate tax cuts) and record buy backs on the 500.....Q1 $242bn & Q2 $436bn. Buybacks were up 42% over'17. Some analysts say their is a "buying stampede" coming. Of course this flies in the face of this "bull mrkt is dead" flee to the hills etc....so whose right? I guess it pays to follow the money but im slightly more conservative hoarding cash just in case things don't pan out as the super bulls think.

US stocks continued the good run of past few sessions as Trump and J-CJ agreed to an easing of trade tensions between the two countries..." we will maintain close, strong relations by working towards zero tariffs and zero subsidies on autos." Mrkts liked what they heard the Dow jumping 172 (25414) for a 2 day 370 gain. 2Q nos cont strong, Boeing reported strong nos and raised rev outlook for 2018 yet fell $2.35. Going south were Blue chips GM down (c.5%) poor outlook and AT&T (-4%) lower sales. Techs had a very good session the Nsdq rising 91(7932) the 25th all-time high posted ytd. On the 500 about 1/3 Of Co's have reported an average of 20% increases in nos. With progress on the trade front (that's a wait and see) a stable economy and rate rises priced in....is 30000 on for the Dow next year? F/Bk shares (after hours) got clobbered 20% on fake news/customer abuses as a poor outlook for user nos growing less than exp for the F/Y saw a big sell off in the stock. Nevertheless the stock price was up 22% pre yesterdays fall. Earlier in the day London stocks were all lower, the Dax (-110) and CAC off 80 followed the ftse (-51) awaiting the J-CJ talks with Trump. Sterling traded at $.1.315 & Gold $1232. Big faller of the day was Fresnillo (-7%) on lower '18 forecast for silver output. Voda eased 1.4% on Q1 lower revs due to currencies. Builders bucked the mrkt trend T.Wimpey up1.8% & Barrett up 1.3%. The mrkt overall lacked enthusiasm just treading water. Asian mrkts are all lower early afternoon reacting to local issues. TK stock EISEI falling 16% and the slump in Facebook shares dampened sentiment in techs. Nikkei off 22550 lows is currently 22 down, HK (-157) & SH (-11). Oil $74.37 rose on US crude inventories falling by 6.15mbo for wk/ending July 20. Stockpiles are at their lowest since 2/2015 reported EIA. G off 262 lows closed down 4 on the session. If your into coin its trading at $8229. London is called 10 up & the Dow +25. Morning all.

Yes... SpudGun. My portfolio (thats a joke) is so small its akin to me going to Ascot with £10k and punting the lot by the last race. I dont have a death wish. Obviously I want to win but some have serious amounts of money invested here and elsewhere. That poses problems im not effected by....luckily, as those headwinds I referred to a while back are still rumbling in the background. If i had a substantial sum of money i'd be quite happy to sit the next few months out trimming some shares but drip feed small amounts into G on down days. If your in the happy position of running your portfolio for free....very well done. Not sure if that clears it up for you, but as I'm sure you know ones view on shares and mrkts can change in an instant. Greed (take profits) and fear of (losing money) can throw the best investors off course.