Member Info for JohnLewis79

I think the 240's have it!....bunks JL - without -chops - isaymoto .

Good strategy Hasiba and has obviously worked for you. One point i'd like to mention.....buy stocks you understand run by honest people and try and pay less for the business than its worth in terms of future earnings potential. You may have to wait for the mrkt to come round to your point of view. If you don't understand a business don't buy it. Stick with what you know. If you can't explain a business & the nos on the back of a fag pckt you should move on....Morning all.

Oil falling away $76.56--- G following suit so looks like 250 in 14 days is out the winda, perhaps tomorrow? Trades favour the buy side but I wouldn't read too much into that given the unreliability of lse trade reporting and barrow boys chicanery. Good vols today not like Friday but none too shabby heading towards the wk/end. Mid to low 240's are in the driving seat for the Friday Club Stakes... that takes out broadland at 250 and those above...maybe?

Ok, i won't H. Are you trading for 'trading sake'? Your risking perhaps....your G money on stocks you have 'no feel for' Not sure I'd be going down that route but heh...good luck. I invariably found trading other shares confused me and I wasted money away from my main security only to land up losing. I say If your in G stick or add to G but of course that's just my personal opinion. One big winner can escalate into lots of tiddly losers if your not careful....beware.

Hi bunks. ...so like G sub 100! Not as good as G over 52wks..never got involved or that Quindell thing in low 20's which shot up. I shudda but ya cant buy 'em all.

Off to Wimbledon Spooners for some cheap refreshment this morning. Could be 250 by the time I arrive.

Mate of mine lumped on BT at 215 though not in G despite my urgings....heh heh heh...

Agreed hasiba, diversify in the long run is sensible if its your nature....as is an ew bet on the ponies in 16 runner races. However if your lucky and you need to be a £50k bet on G at 100 would have paid off more handsomely than 5 x £10k bets. As ever its your risk tolerance as to which strategy you opt for. Im a plunger by nature. I like to win big. I can take losing big. So diversification for me usually means diworsification! Unfortunately my plunging days are over but thats how i liked to play it afterall if you have a really big winner.... diversify away till your hearts content.

The world crude market is already tightening very fast. Production curbs, fall off in investment and declining oil fields not being replaced quickly enough has seen to that. Add in Venezuela's death spiral, poss Irans 350k bpd off the mrkt and an infrastructure crunch in North America not enough pipe lines to keep pace with shale output and Alberta far sands. Westbeck Capital says an oil shock is looming as early as 2019 as several elements combine to form a 'perfect storm'....it predicts $100 crude in short order with $150 in sight, reminiscent of 2008. They reckon global output will fall by 1.5m b/d & spare capacity down to a wafer thin 1pc. A spike to $150 would be catastrophic for the world economy especially to an oil starved Europe. Any European country with operations in the US is not going to flout the US Treasury and Europe will slash imports from Iran by 60% toute suite as groups such as ENI & Total will refuse to ship oil. Other drawbacks include China credit squeeze and growth down to 5% or lower, Fed Reserve tightening money will add to the toxic oil shock. Trump is throwing his troops behind S.A. & Israel. Both conflicts are on a hair trigger and should Iran dash for the nuclear option old scores will be settled by a ME blow up....what price oil then?

Its natural for investors to start getting twitchy when shares begin zooming up almost everyday and you start to think of reasons for the rises either to come to a halt or to fall back. I used to not anymore. I'm reasonably certain that won't be happening in G bearing in mind the share was on a c.780 day slump. So while i expected a turnaround i could not have imagined the speed of the re-trace.This year especially as it took c.80 days to close at 103 in first half of 2017. This year the rises have been off the scale. For instance the first 50p rise took c. 54 days -- the 2nd 50p rise took c. 21 days -- and the 3rd 50p rise could be today thats14 days. You might say... "well its all down to the oil price." Hardly, oil in Jan'17 was ($57 and G 82p) in Jan'18 ($66 and G 108) so G's % appreciation has far outstripped the oil price which you'd kinda expect. Be that as it may you certainly wouldnt expect that rate of progress to continue so expect a slowing down to the next 50! Whatever your strategy is, running it up, top slicing or adding its a great feeling to be on the bull tack after years of dispiriting declines. So if your twitching.... its a nice feeling to have. Morning all.

I might have said poor sucker a few years ago...but now?...well it's a different world politically as well as economically. Of course the Iran turmoil could go anywhere but my gut feeling is Iran might be more talk than action, we shall see. However at 240 G is still a strong buy in this sector if you need some 'oil' in your portfolio. It would take a Black Swan event to dissuade me from recommending G....and by then it would be too late...so climb on board bullseye!

H...your not a donkey keyboard warrior by any means!. You have nailed your colours to Gs mast for many a year and have been consistently bullish and nowt wrong with that! For sure one worries that ones optimism does not overtake/blind you to the risks and lead you down a wrong alley! However G's basic / conservative nos on a 3 year view (think what can happen over that period) are well above your average o...lie imo and should insulate you from any outside mrkt correction. But as ever if all your eggs are in one basket...watch the basket.

G up c.5%...Gkp c.2%... much of the difference is down to Gs better management. Whereas most of us think G ridding itself of the previous 'snouts in the trough' board was long overdue, Gkp on the other hand seem to have replaced one ineffectual bunch with another. No denying a top class management you trust and admire is a huge plus in this day of 'jobsworths' polluting Co boards. I know! I suffered two effn useless boards who cratered my blood thing from 100p to zero!

Bunks...explain yourself...

Snapdog are you averaging up or down?

$77.05...Bp (+10) -- RDS +(56) i think your right about oil sparky...

Or look at it this way. How much would you pay for fcf....not earnings on £100m we'll use last year's nos 10x 20x? A lot more than current imo...absurdly cheap.

No gas....(aint worth a row of beans) & no Somalia..(ok fair enough)....so Co/oil val £680m with fcf upwards of £184m don't add up imo...

H...wait till you hit your sell price!

Factor in net debt $3.5bn..