Member Info for JohnLewis79

Oil $75.67 (+0.71). Asia mostly up 0.5% (Shanghai off a few points) -- overnight the US flat but the Nsdq posted another closing high. London pulled down by the RBS sale is called a tad better at open. G closed off the low for the day but has tumbled c.6% over the last 12 sessions but above the 255 level when the stock shot up 40 to 290 level. A bit of mm jiggery-poker and profit taking has seen to the drop. Much as we await gas news the political backdrop continues to cause concern and needs clarifying toute suite and is perhaps a causal in the recent sp drop. As ever with G there's always uncertainty the 'politic' being a bigger hurdle than the gas. Morning all.

G following oil down. ($74.56).....well today - Tomorrow who knows? Anyone think $100 Oil is on the cards? I sure don't outside of a BS event and that looks increasingly unlikely as a lull in the geo/pol events with Russia / USA pressure taking hold on the domestic outlook for Iraq.

Don't know who flagged up the BBC2 prog 'journey to the danger zone---Iraq'....but we'll worth catching up if you missed it...thoroughly recommended.

Fair comment ocelot.....cash continues to accumulate, lumps going to the bottom line. However nothing wrong in updating holders on the progress of M & BB as its material to our investment here. On balance Peshkbr seems the main focus this year with well no 6 drilling downwards and the gas was always a few years off but materially de-risked as per the Chairman's statement.

Nsdq powered ahead to a record close yesterday now 10% up ytd & 21% over 52 wks. The health of the US economy is turning out to be stronger than expected pulling investors into riskier assets. Share buybacks, divs & mergers are expected to return trillions of $ to investors in '18/'19 led by the tech sector which has seen a 200% ($160bn) jump in buybacks led by Apple.

Can anyone explain why nobody has expressed any interest in acquiring G? I have been waiting since 2013 ish...and when the stock tanked to sub 60 it was ignored....what a missed opportunity! Its all part of the same puzzling question. Unfortunately everything to do with oil takes forever to complete....kinda like getting a drug to mrkt or a med device CE marked. Oil $75.50. Asia flat after near 1% rises in N.Y the Nsdq powers to a record close up (10%) ytd....while London techs traded flat and still near 10% down ytd. Ftse to open c.15 lower the Dow c.20 off. Morning all..

Oil $75.70...never bought into that $100 Oil price from the front running traders who have been selling short oil futures. 'Caveat Emptor' ever more so in the oil markets....hope i'm wrong.

.....hate to say it but G acting like a bottom drawer stock day by day! If it wasn't for being an o..lie thats where my certs would be locked up.

New from HQ. Idea named as a lead innovator in the ORM space. Read the full article on home page. The good news keeps on flowing the mrkt keeps on ignoring..as per usual.

Volcano if you were trading and I assume you were...why would you bother about Idea 5 years down the line? You wouldn't..would you! Kinda why I like holding as this strategy tends to smooth out the up and down spikes over the long term....all things being equal like!! Sometimes it works out....sometimes it don't. I dont trade stocks anymore having had a bad '87 expierence. Anyways each to his own. I watched Idea from c.50 ish but didn't commit till mid '80s. Strong hold till 140 where i might consider banking some gains depending on the economy & Brexit moves or till i get the hump...gluck.

Just moved the dial across to the Gkp bb....goodness me the vitriol spewed around about the CEO and (ex chief leech that is totally warranted) - is a wonder to behold. If i felt like that about the G management I'd be long gone. Mismanagement of a co affairs is rarely good for holders. I guess one can put up with a lot sitting on Shaikan if its assets are ever realised.

Strong finish for techs across the pond the Nsdq closing 1.5% up on Friday and near 10% up ytd. This could be the week for Idea to post historic highs (above 130) as the Medforce acquisition beds in. Not sure whether investors have cottoned-on to what an excellent bolt-on purchase that was.

Oil 76.50. Asia up across the region on good US jobs report on Friday all US mrkts heading upwards. Ftse off to a bright start called 30 up at open...trade wars but a distant memory. Morning all.

Givetheldwn 258 - sparky 291 - Snapdog 295 - JL 297 - sbustr 298 - postie 300 - Hasiba 302 - Bobbl 305 - givetheinfo 307 - lem 308 - Bland 310 - bunks 313 - klasdic 316 - markman 322 - H 330 - Without 331 - whitehat 336 - ocelot 340.

I have just deleted 3l2 unwanted emails on my mob...wait for it...since 11.00am! Conservately it would take me around a year to read the dross. Do these people who fill your mob up with garbage get paid? Guess they do. Its a waste of money people...nobody reads e-mail crap on mobs. Best use what little IQ you have elsewhere. May I suggest target delusional Eng fans spending many thousands of pounds to visit racist Russia with the free loading FA hierarchy of family and friends on a ***** junket. Enjoy..anskwer.

Two wins on the spin!! Don't get carried away! For a brief moment I though DXB was going to nick it..now that would have been G money! Anyways well done....especially backing my tip. Just preparing for a large Pimms (my version add slugs of gin) in the pub garden. Morning all.

Good luck Lem...guess you hope you'll get in under 300. No such luck for me. I left all my cash in the pension pot to give me a half sensible retirement income. Any punts/holds in stocks are strictly through gaming winnings and we know how hard those are to come by...had the 3rd in the Derby... paid for the days entertainment! My Derby bet is Dee Ex Bee (e/w) 1/4 /1-2-3 around 20's+

....imply a sp of 288 not 505 which we have already reached. I should have made that clear. To reach 500 will require a pe of c.17x est earnings....

Blimey doubt the city will be re-rating G anytime soon at 9.6× earnings. At that ratio it would imply a share price c.505p almost doubling from here. I guess it's possible but feasible?.....Not yet imo. While I'm sure...ish G will make the nos, will the mrkt apply a higher earnings ratio? They never have but heh...always a first time and were heading in the right direction for certain. See how tough its been to crack 300 and that bloke is talking of 500 - that would be 360% rise this year. Given the fcf and next to nothing lifting costs etc....you would think we should be there already. Unfortunately it dont work like that. G has been unloved for many a year in fact ever since the 1000 IPO and has had myriad other distractions to contend with along the way which tanked the sp and cratered sentiment in the Co. Genel investors have undergone a Damascene conversion this last year, yet political 'consensus' remains fragile and its that and the uncertainties of M&BB development which will hold us back from hitting 500 this year. Those two above all else need to be sorted before we talk of such nos. Morning all.

Cheers hydrogen..you lost me..it sounds great...but wgaf? Us mere pis are much more fixated on the next sp move than anything else. Fact of life these days. Make a 1unner on a trade..move on