Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Just come over from the LLoy board. Can you tell me why this company is doing so well? Is it likely to continue? Before I put it on my chat are we at the end of a bull run or has it based and ready to go? Thank you.
LONDON (Reuters) - After six consecutive quarters in recession, Britain's economy is expected to have returned to growth in the final three months of 2009. The consensus of 35 economists polled by Reuters is for the growth of 0.4 percent between October and December following a contraction of 0.2 percent between July and September. Economists have had a poor track record in forecasting GDP data in recent quarters, and forecasts range widely -- from a low of 0.2 percent growth on the quarter to a high of 0.9 percent. Although Britain has trailed other major economies in emerging from recession, many analysts reckon it could play catch-up in the next few quarters. FACTORS TO WATCH The weakness of GDP figures in recent quarters has contrasted with survey indicators which have painted a much more upbeat picture. There is a risk that the same may prove true for the fourth quarter numbers. Purchasing managers' surveys point to growth of around 1 percent on the quarter, but official activity indicators -- retail sales and manufacturing data in particular -- have been disappointing. On the plus side, unemployment has risen less quickly than expected and household spending rose in the third quarter for the first time in 18 months. The first release of GDP data is based on just 40 percent of the full set of data, so hefty revisions are not uncommon. POLITICAL IMPACT The Conservatives have profited from discontent about the state of the economy in the run-up to a national election due by June. However, a sluggish recovery would make it harder for the Conservatives to implement their pledge to cut the deficit more aggressively than Labour should they form the next government. The Labour government has promised to support the economy until recovery is assured and does not plan to tighten fiscal policy aggressively for another year. MARKET IMPACT Benchmark 10-year gilt yields have risen almost a percentage point since the Bank of England embarked on its radical gilt-buying programme last March. A sharper than expected Q4 rebound could add to upward pressure, sending yields above 4.1 percent to a 14 month high. Sterling has recovered to a five-month high against the euro, helped by recovery optimism and surprisingly strong inflation figures. A Q4 GDP reading above 0.4 percent would add to the upward momentum.
My friend you could end up doing this full time if you want to and all the guys here would pay because it would saev them, and me, losing.Where can we go to get the practical, simply explained answers and answers to our questions that wouldenable us to be better traders?
I have emailed Chiffa twice but haven't had a reply. Any advice?
I have emailed Chiffa but do't have any more iinfo. Am I doing something wrong?
I emailed you yesterday and have another today. but don't know whether the link I used was correct. I followed your advice to find it. Could anyone hlep please. Thanks
Thanks for that, found it and have emailed..
Aren't I on page 1?
Chiffa, thanks to your help over th past year I am beginning to understand the importance of the volumes, buy orders and sell etc. I have been followimng the stoch as you said on the 14/3/5 and can see the early warning signs even on a 5 minute intraday chart. What I cannot seem to do is see the trends and patterns qwhen I then look at the historic charts. Then I don't know if the sp is goin up or down because the movement is so slow, so I then revert to an intraday one again. How do you do that? How do you get to your believe, and as TIE has publicly said you are right so often. The amount of time I spend in front of the pc I should be a millionaire by now, so I am not doing the right thing. How do you choose which stock to buy and in which sector. I am currentlyt reading a book which is called ' a beginners guide to short term trading', buy Toni Turner. I think it was you who told me about it some time ago. I don't know how to get into your email section nor even i you want me to. But I would appreciate your advice. Thanks. Sorry TIE was cross with posters on Lloy today. I sometimes quote him but always give him the credit as I do to you. Never take your views as mine, probably the teacher in me, plagarism and all that.
Hi just finished with the RBS site and will drop in here occasionally to see the news etc. Will try to get my head round the CFD busdiness. Looked at Chiffa's recent purchase on ROK and was tempted but will just watch for a while and get the feel of things.
Does GTBB trade in shares or when he refers to different stock like a post below is he talijg about spread betting?
I must now take the next three weeks off to catch up on all the posts.
Yep I have arrived thanks kiddan.
How are you finding Hoodless..... I am with NatWest whoc ahrge £15 commission and am also now with Hoodless, but yet to deal.
Pearls pf wisdom.... blame my keyboard from too much activity!!
I looked for all the parls of wisdom today but found only a newby at 14.56 on Wednesday.... is there any one our there??