Saturday, 17 March 2018

Making YOU Money 17/03/2018

Hi there Mr Investor .
As usual coagulation has occurred in the bbr391 portfolio . Mainly to the benefit of Aortech International . Akers looks like $1 will be with us  within the month .

Aortech                   5K
GO GOAkers          2K
BSP                         3K
IIP                           1K

There are still enough undervalued shares to keep us all interested . But ,the overvalued list has begun to be occupied too , albeit only partial thus far .

My opinion for the coming years remains that 2034 will be our Nemisis ie 50%+ retreat .

Until then the expected minor dip may not have been here yet . But will arrive within the year . In fact It may have already begun .

Best of Luck with your trading .

Spandau Ballet will point the way for those of you unable to be attentive to the market`s whimsies.

Yiangos , stick with It
Michael buy gold
Akwasi love Silver
David good luck with your decision .
Steve patience with Ronan ( the fight continues) in IOM .

Saturday, 10 March 2018

OPgen & Oracle Power 10/03/2018

Sometimes you look at a poor bedraggled share and think why is this poor little fellow so unloved ?
Opgen has several swords in the fire ,whether fruition will be achieved before the fire becomes too hot is a mystery .
My view is that there is value here .

Oracle power stunning news 09/03/2018 . Yet the market seems a little aloof . Your bucket should be getting filled by these castaway cheap shares . At 1.6p what could go wrong ?

Happy Mad March All

Sunday, 4 March 2018

Top Trumps If you are a Bear

Shares :
  Aortech          3k
  Akers             2k
  Opgen            1k
  Oracle Power 1k
   Rurelec         1K
   IIP                 1k
   BSP               3k

 Could well be Our expected dip has begun in earnest .one could see the S& P dip to the 2380 level .
One must remember through this pullback . From whence we have come to where we are going . Check out Aiming for 2034 ( which I constantly update at the year`s end or thereabouts ) .

Luckily selling out of Path and getting to Rurelec , saved a few pence this week .

As the bottom two shares seem quite hard to trade at the moment .The list of off market shares Increased . Let Us All hope one day , one or more of them pay our patience .

Best of Luck All , bbr391 .

Saturday, 10 February 2018

Has the 27% dip begun? 10/02/2018

All we can answer to this question is , Maybe .
Let`s add to that It came almost on time & tide waits for no man OR woman .

GOLD is best for you long term , not bothered Oik`s

Shares :
  Aortech 4k
  Akers     2k
   Path      1k
   IIP        1k
   BSP      3k

 Thus we have four tradeable shares available . Yiangos  & Michael & Akwasi  take Note .


Metro Baltic Just 4 Steve.
As far as I can read through the accounts , the wait for the final deposition goes on .
It has been a very long road . But the team have so far done us OK . Let`s hope Ronan & Brendan do not decide to go all underhand , on Us poor shareholders .
Still waiting for Mr James Kenny to pay his dues.


Of note  concerning action in Tricor plc  . Maybe there is hope in this sand related disaster .
As usual expect nothing from All & you will not be disappointed .
Unfortunately the bad far outnumber the good , when it comes to cold hard cash .

 Best of Luck All

Thursday, 1 February 2018

Go Go Akers Biosciences

Akers could be this year`s best value healthcare share .
Just about reaching cash value at 50p .
With good news of farm outs and the tests passing regulation USA .

This could be to the moon .

Best of Luck All

Aortech     3K
Pathfinder 1K
Akers        2K
BSP          3K
Rurelec     1K

 Has the correction begun ? Watch this space .

Addendum for Yiangos ;

Akers on monday should be a good Investment
Aortech likewise has Our full attention .

The market stalling will be an Issue to limit gains ahead .

Saturday, 27 January 2018

Making YOU Money

Aortech     4K
Pathfinder 2K
Akers        1K
BSP          3K
Rurelec     1K

As usual we have coagulated into a new format for Our shares .
We have reasonable confidence that all these shares will do well in the coming months.
Gold & oil continue to be great long term / above 1 year value .
We expect the market plunge to be within this year or next year`s end ( dec 2019 ).
Until then the run up will continue as per 2034 post .
Remember even gold loses value in a market plunge . So we may see $1000 at some point in the next year or two .


Saturday, 20 January 2018

Making YOU MONEY 20/01/2018

Rurelec     2K
Aortech     4K
Pathfinder 1K
Akers         1K
Avanti        1K

  The current main bone of contention is Metro Baltic Horizons . Having left us in 2014 at circa 36p per share , then paying a 19p dividend .
 One would have thought Ronan Reid (Dolmen ) and his team would pay out above the current 5 cents discussed .
Perhaps the foreword has more to it than expected ;

Default judgement was received from Isle of Man courts in regard of the remaining defendants in 2017 and the focus on the Company is now on enforcement of this judgement, the wind down of subsidiaries and the distribution of cash proceeds remaining in the Company.

One would also like the BOD to use spell check when it comes to the Day of Judgement !!!

So , we should be expecting 17p plus .  If the court case has gone in Our Favour , which seems possible . Perhaps a re -flotation , will satisfy our demands for equilibrium .  Remember Mr Reid owns 30% + of the shareholding now . So , any underpayment will be on his Broad Shoulders & slightly dodgy knees .

Best of Luck All Metro Baltic Horizons Shareholders ...........


Sunday, 14 January 2018

bbr391 ( investor heaven ): Metro Baltic Horizons & Ronan Reid . Jan 2018

bbr391 ( investor heaven ): Metro Baltic Horizons & Ronan Reid . Jan 2018

I can still see there are others issues yet to be resolved  Steve .
The wait for final absolution goes on .


2018 Accounts view ;

2.2 Basis of preparation The consolidated financial statements have been prepared on a historical cost basis. Previously, the primary purpose of the Group was the investment in and development of property in the Baltic States and the St. Petersburg area of Russia. During the 2013 financial year the last of these properties was disposed of. The Board has considered and reviewed the current financial status and the cash-flow projections of the Group. Having completed this review and given consideration to the other factors detailed above, the Directors are of the opinion that there are adequate financial resources available to enable the Company and Group to meet its obligations as they fall due for a period of at least 12 months from the date of approval of these financial statements. The Group is in the process of undertaking legal action and as such, will continue in operational existence for the foreseeable future and the financial statements have therefore been prepared on a Going Concern basis

Saturday, 13 January 2018

Metro Baltic Horizons & Ronan Reid . Jan 2018

Not to much has changed over the past week . Except for some news from Our Off Market shares .
Firstly Metro Baltic has resurfaced with an AGM , pretty soon .
Secondly , BSP has at last bought some land on the Bulgarian coast / Looks like some sort of camping hotel site may be in order .
Thirdly odd changes to share ownership at Churchill Mining .
And A new website for Egpi Firecreek .   Joyzah coming .

On market share portfolio ;

Rurelec     2K
Aortech     4K
Pathfinder 2K
Akers         1K


As usual we have coagulated yet again .
S&P hits 2700 ,which is well ahead of schedule and bodes well that the oncoming dip will not be a 2008 style crash . But , a 25% dip ( re 2011 ) .

There are still many bargains out there in the market , happy hunting .
A bit disappointing that Yiangos decided to bail from Aortech at 50p , when one feels there may be multiples ahead of up to £10 given great news . £1 on good news OR 20p on Bad news .

Your money /  Your Choice ............

Michael you should be at least 50% in gold now please .
Even more would be better ...............

    bbr391 The Oracle of Staines

Saturday, 6 January 2018

AIMING FOR 2034 ( Making YOU Money)

My research from 2009

My first purchase of shares was a bit daunting.
Having stepped into the cold water on this date,I have learnt oodles.
Being overall in slightly positive territory, thus far.It should have been oh so much better.
One learns to one`s cost that overtrading is costly.The contract for difference experience also.
Both have cost dearly so far.

Time for change ;
Make your choice (on individual shares ) and sit and hold.This applies particularly to small shares.Not so with larger one`s which ,on the whole follow the indexes.
Indexes are a safe place ?
  Dow Jones Estimates ;        At end of year :

                      2013           14,000
                      2016           20,000
                      2019           24,000
                      2022           28,000
                      2025           35,000
                      2028           42,000
                      2031           53,000

       This is allowing for no overshock,as experienced in 2009.. Although by 2031 we may be pretty close to another one.So,always be prepared.
 Bottom estimate 2031 could be as low as 20,377.

    History ,as usual is a great guide.Use it to your own advantage and always keep your beady eyes on the market discombobulations.

                       Happy days for bulls , not so happy for bears.

          Deflation Evasion .,,,,,,
 will be avoided by the possibility that
All commodities look to have turned a corner . The market now has scope to continue the Mother of All Rallies .
  Gold UP $1200   Bottomed at $1000
  Oil   Up  $32 Bottomed at $28

 As usual I was within 20% of calling it correct on oil with second attempt . With Gold first try , bully for you , I hear you cry .
 ONE Must learn to be a little more patient .
For me the market has all eyes on oil at present and today could have major significance in trend formation.

An uptrend in oil ( THUS ALL commodities ) will add to inflation over the coming years .
One should expect a nice gentle uptrend in the oil price from here , which will keep inflation in the picture for us all from here on in .
Therfore a 25% drop in the S&P was transitory and an anticipated minimum correction and not reversal "Unlucky BEARS " .
Bears have had a good time , especially with oil . Over the past two years . .


   Dow Jones Estimates ;                      At end of year :
                                        2009E                2016E

                      2013           14,000
                      2016           20,000
                      2019           24,000               22,000
                      2022           28,000               25,000
                      2025           35,000               30,000
                      2028           42,000               36,000
                      2031           53,000               42,000

I have had to rework these figures as major indices tend not to give the actual market variance    .Mainly because the DOW components are established and not dynamic companies
Perhaps I will change to the S&P and re-do this paper .
As usual my workings leave a bit to be desired . Re-estimated for 2016 year end .
They are BELOW $$$$$$$$$$$$


Standard & Poors Estimates

                                         2009E               2016E
                      2009           1000
                      2013           1500
                      2016           2000
                      2019           2200               2200
                      2022           2500               2500
                      2025           2800               2800
                      2028           3200               3100
                      2031           3600               3400
                      2034           3800               3600

Personal Valuations
Estimated value of Gold  $
                      2016           1000
                      2019           1200        
                      2022           1400        
                      2025           1700        
                      2028           1900        
                      2031           2100        
                      2034           2400        


1 jan 2017

  No need to update what has turned out .Thus far to be correct..........
Index & DOW/S&P wise .

Oil now at $50 ++,should rise to account for costs which are presently $46 per barrel .
Should head towards $70 by 2018 .

1 Jan 2018

 All present and correct .
Gold will be reasonable value for long -termers at $1300 .
By 2036 It may be closer to $5000


Underneath we have some interesting historical stuff ;

100 Years of Stock Market History (log graph thru 2012)

In times of turmoil, such as a financial crisis, I look for one of those big charts with an arrow that says, “You are here.” It is in that spirit that I offer the following long-term log graph summarizing over 100 years of DJIA (Dow Jones Industrial Average) performance / history. I will defer most of my analysis until later, and for this post rely mainly on what one of my statistics professors used to call “interocular trauma.”

Dow Jones 100-Year Stock Market History Chart

stock market history chart year-end 2012 (Dow Index closing prices since 1900 log graph)
Dow Index 100-Year History Chart

Stock Market Performance Since 1900 Has Alternated Between Excitement and Disinterest

Above is a graph of stock market (Dow Jones) performance since 1900 (click on image to enlarge it). It shows year-end closing prices through 2012. (See Yearly Returns for a bar chart of the returns each year.) While some describe this history as
a steady long-term upward trend, to me it appears to show alternating periods of excitement and disinterest. For example, the periods from ’33 to ’65, and from ’82 to ’99 were periods of excitement. From ’33 to ’65 the average return was about 7% per year, plus dividends -- for a total of approximately 10%. From ’82 to ’99 the average return was about 15% per year, again plus dividends – though dividends in recent decades were significantly smaller than they were in earlier decades.

The Long Flat Periods

On the other hand, the 1905 close of 96 was not permanently eclipsed until 28 years later -- 1933; the 1965 close of 969 was not permanently eclipsed until 17 years later -- 1982. I use the word “disinterest” to characterize these long flat periods. (Note: This is a log graph. If you are not familiar with them, see About Stock Market Log Graphs.)

In the long term, you would expect that stock market performance should approximate the performance of the underlying businesses. Therefore, an obvious interpretation of the chart is that the stock market periodically gets ahead of itself by increasing faster than the underlying businesses, and then has to wait for the “real” value of the underlying businesses to catch up during the long, flat periods of “disinterest.” If that is the case, we could well be in another one of those periods of “disinterest” -- though when you’re actually in one of those periods, you may find other words more descriptive….

Note: The above chart and discussion ignores the impact of inflation. To see the long flat periods adjusted for inflation, see 100 Years of Inflation-Adjusted Stock Market History. Warning: not for the faint of heart!

The Monthly Update, & Adding the 25-Year Moving Average as a Support Level

The December 2012 Stock Market Performance post includes a recap of the most recent month and year-to-date, plus comparisons to important milestones such as all-time highs and crash lows. In addition, it includes the most recent projection of 10-year market returns. The 25-year moving average can be a useful addition to the above graph. As discussed in Dow 25-Year Moving Average History, the market has very rarely fallen below its 25-year moving average. That is, historically this moving average has been a reliable support level during secular bear markets. That graph is updated infrequently, as appropriate.


Average Stock Market (Dow) Returns

The average return starts at 11.8% for the one-year returns, drops rather sharply to 10.6% for the two-year periods, and then declines gradually to 9.9% for the 100-year periods. Historically, the longer the holding period the less likely it was to end with the investor losing money, and, the closer the return has been to the long-term average of around 10%. In fact, the maximum, minimum and average returns are all converging toward the long-term average return.

Based on this history, it appears that readers who are planning to buy and hold for 100 years or more are "assured" of performance very close to the long-term average return of around 10% per year -- regardless of when they buy. For those of us holding for shorter periods, there is a significant difference between the minimum and maximum annual rates of return that gets smaller the longer we hold.

Checking through history ,
As they happen every 4.4 years on average.


Statistical response to a DOWN January

A down January is a bad omen for the stock market. Yale Hirsch of the The Stock Traders Almanac suggests that since 1950, every down January in the S&P500 preceded a new or extended bear market, or in some cases, a flat market. They go on to further suggest that down January’s are followed by substantial declines averaging -13%
The Standard & Poor’s 500 Index has returned 24 percent on average in years it’s risen in both January and February, a bullish sign for 2013, according to S&P.
The S&P 500 climbed in both January and February 26 times since 1945, Sam Stovall, S&P’s New York-based chief equity strategist, wrote in a note. All 26 years ended with positive returns when including dividends, the data show.

The last two years have seen back-to-back gains in the first two months, leading the S&P 500 to a 16 percent advance in 2012 and a 2.1 percent rise in 2011, including dividends. The biggest advance when the index rose in January and February was the 52 percent rally in 1954. 2013 saw a nice 27% rise .

The two "largest" price drops during this bull market came when the "Fed was (getting) out of the market," says Bespoke co-founder Paul Hickey. Both times, when the Fed withdrew stimulus, the market suffered a drop of more than 10% -- the conventional definition of a correction.
In 2010, the S&P 500 fell 10.3% from May 12 to June 7. And in 2011, the benchmark index plunged 17.3% between July 7 and August 8, Bespoke data show.
As investors around the world continue adjusting to the idea of less market support – or "the end of free money" -- from central banks globally, including the Fed, the market is likely to stay volatile, says Ron Florance, managing director of investment strategy at Wells Fargo Wealth Management.
"The Fed's action represents the continuing transition that is occurring in the global economy following the financial downturn and the recovery period that has followed," Florance says. "We expect financial markets to respond with a measure of volatility as the 'normalization' process unfolds."

Should you sell in April and go away?
It’s an odd question, I admit. Widespread talk of selling usually doesn’t begin until late April, when investors each year are reminded of the famous seasonal pattern “sell in May and go away.”
But it’s precisely because it is so well-known that some followers of this seasonal tendency wonder if they should act sooner rather than later. Waiting until May Day runs the risk of selling at the same time that a large number of other investors are doing the same.
Fortunately, we have real-world data on two attempts to get a jump start on the “sell in May and go away” pattern. The first is the “Almanac Investor Newsletter,” edited by Jeffrey Hirsch, and the other is Sy Harding’s “Street Smart Report.”
Both pursue surprisingly similar modifications to this basic seasonal pattern. Each relies on a technical indicator known as MACD to pinpoint the precise day on which they enter and exit the market. (MACD is a short-term momentum indicator, standing for moving average convergence divergence.)
The Hulbert Financial Digest has track records for both market timers’ modifications of this seasonal pattern dating to mid-2002, nearly 13 years ago. The HFD calculates their returns on the assumption that, when they are invested in stocks, they earn the return of the Wilshire 5000 Index; otherwise they are assumed to be invested in 90-day Treasury bills.

Annualized return                                   Risk level (100 = market)                                                    
Buying & holding                                                                       7.7%

Mechanically selling every 4/30 and reinvesting every 10/31    7.9%

 S.Harding modification of “Sell in May and go away                 9.2%

Almanac Investor’s modification  “Sell in May and go away       8.0%

As you can see from the accompanying table, a buy-and-hold strategy since mid-2002 has produced a 7.7% annualized return. Automatically going to cash every May Day and re-entering the market on Halloween would have done slightly better with a lot less risk — which is why it comes out well ahead of buying and holding on a risk-adjusted basis (as indicated by a higher Sharpe Ratio).
Harding’s modification of the Halloween Indicator did even better still, producing a 9.2% annualized return over the same period — 1.5 percentage points per year more than a purely mechanical application of this seasonal pattern, and 1.3 percentage points ahead of a buy-and-hold. Even better, this market-beating return was produced with 39% less risk, which means it’s even further ahead of buy-and-hold on a risk-adjusted basis.
In fact, Harding’s modification of the Halloween Indicator is in fourth place for risk-adjusted performance since mid-2002 out of the 91 stock-market-timing strategies the Hulbert Financial Digest has tracked over this period.
To be sure, Hirsch’s modification of the Halloween Indicator performed less well than Harding’s, producing an 8% annualized return while incurring 35% less risk than the market itself. It still came out ahead of buy-and-hold, however, on both an unadjusted and a risk-adjusted basis.
What about this April? To be informed when those two advisers actually trigger their “sell” signals, you would need to subscribe to their services. But one way in which their MACD-based systems could trigger an early “sell” signal (but not the only way) would be for the market to be strong for a few days and then quickly drop back.
Given the stock market’s impressive rally on Monday, such a “sell” signal could come fairly soon. If that happens, followers of this seasonal pattern might consider going to cash — thereby taking off the rest of the spring and summer from stressing about the market.

Three Losing days begin the year

In an email on Tuesday evening, Jonathan Krinsky at MKM Partners noted that not only does the S&P usually gain ground when it starts the year with three losses, but the index has performed better than its historical average in those years. 
During the eight years since 1928 that the S&P started with three-day losing streaks, the index has returned 8.36% on average. For all years since 1928, the S&P has returned 7.53% on average. 
Via Krinsky, here is what happSince 1928, the Standard & Poor's 500 has started the year with three straight losing days eight times.
ened during each of those eight years:
  • 2014: Started with three straight down days. Year ended +11.39%.
  • 2005: Started with three straight down days. Year ended +3%.
  • 1991: Started with six straight down days. Year ended +26.31%.
  • 1985: Started with three straight down days. Year ended +26.33%.
  • 1978: Started with seven straight down days. Year ended +1.06%.
  • 1977: Started with three straight down days. Year ended -11.50%.
  • 1968: Started with three straight down days. Year ended +7.66%.
  • 1956: Started with three straight down days. Year ended +2.62%.
Last week, we noted another market factoid from Krinsky, which showed that this was the first time since 2008 that the market finished one year and started the next with losing sessions. 
That is something that happened 10 times since 1980, so it's not all that uncommon, and in seven of those 10 years the S&P gained ground. 
Of course, this makes some sense: Stock markets have spent more time going up than going down

Bad People List ;

 David Ross                                          
 Nigel Spring & Grahame Sewell
 Peter Lobbenburg
 Mark Opzoomer & Rob Gorle
 Stuart Doughty
 Ian Johnson
 Sean Nutley
 Ray Horney

Peter Procopis   (  Under Revision )
Howard Shore      (  Under Revision )

Mr Mart Habakuk        (  Under Revision )
Mr James Kenny       (  Under Revision )
Mr Paul McGuinness            (  Under Revision )
Margarita Novikova            (  Under Revision )
Katrin Karemäe            (  Under Revision )
Margarita Novikova       (  Under Revision )
Dominic Bacon
Lindsay McNeile
General Jacinto Veloso     
Diogo Cavaco                      
Rachel Rhodes                        
Graeme Hossie                         
Benjamin Lee                           
Vasile  Timis      

Robin Ashton
Tracey Graham
Sterling Brinkley
Tom Roberts
Geoff Brady
Ciaran Morton
Lord St John of Bletso  
Solomon Passy 
Ionut Costea 
Robin James 
Donald Lake 
Charles Jillings 

 Mark Tincknell 
Roy Gardner
Stephen Hill

Andrzej Sobczak
Nicholas Myerson

Peter RS Earl
Colin Emson
Marcelo Blanco

Christopher Howell 

James Menzies
Jonathan M Copus
Mike Buck
Charles Morgan

Mark Molyneux 

Craig Cameron, 46, of St Brelade

Frank Timis / Timis Corporation 

Robin Farrell and Robert Addison
John Russsell  McGoldrick
William Michael Ford
James Michael Markgraf Phil Jackson

Michael Hitchcock
 Andrew Perloff

Mr Frank Maguire

Paul Bell 

I Reserve the right to add or remove as appropriate

A small Update to Making YOU Money 06/01/2018

This year we hope Mr Brown At Aortech International  brings forward his promise of a new company with new aspirations

Secondly , Pathfinder  & Mozambique settle their differentials .

Thirdly , Rurelec actually achieves a fair valuation .


As an aside ,yes the market has done well since 2009 .
At 3.3 as a book value , there is still upward momentum available .
Although this Is the year when correction territory is likely ;
That is a 25% drop not a full blown crash . 
Which is liable to overcome us in 2034 +- , two years .

It is all  on the bbr391 blog .which I update with some infrequency .


Aortech       4K
Pathfinder   3K
BSP            3K
Rurelec       2K
Others        1K

Sunday, 31 December 2017

Is the S&P overvalued at Jan 1 2018 ?

Simple answer to this one is no .
Currently book values are still at just above median level of 3 .
At 3.3 , there is plenty of scope for euphoria to continue and the balloon not to burst .
That said we are into the negative large dip territory halfway through this year . In fact anytime this (or next ) year , we should see that nice 27 % tumble .

There is still quite a wait for 2034 .
When we expect the next stock market Apocalypse , akin to 2008 .

I wish all my followers a Happy New Year and to remain in the 9 per cent .
A struggle that will continue with us all Our Lives .