MikeyAdmin
11 Feb 2020
Closing Prices Close . . . . 178.20 Open . . . . 179.00 High . . . . .185.00 . . . 11.14.29 . . AT Low . . . . . 179.00 . . . 08.00.14 . . UT MD Auc . . 73 @ 184.20p LSE Vols . . . . 603,257 . . . 362 trades AT trades . . . 264 . . 72.93% OT trades . . . 98 CP . . . 94,856 @ 182p FTSE100 . . . . 7,511.44 . (+64.56) . (+0.87%) Brent Crude . . . $54.20 . (+0.93) . (+1.75%) . . . (15mins delayed)
MikeyAdmin
11 Feb 2020
More Corona Virus & Oil News Unlike the heading, it’s pretty upbeat and though long winded it’s worth a read. OilPrice.com Oil Traders Could Lose Big On Coronavirus Panic | OilPrice.com Inexperienced oil traders are in danger of overestimating the impact of the coronavirus on oil markets, a mistake that could well leave them caught short in Q2
MikeyAdmin
11 Feb 2020
Level 2 Of the 50,000 @ 179 there is 41,581 left Brent Crude has recovered to $54.39 . (+1.12) . (+2.10%) And the FTSE100 has recovered to 7,507.74 (+60.86) . (+0.82%) Close . . . . 178.20 Open . . . . 179.00 High . . . . .185.00 . . . 11.14.29 . . AT Low . . . . . 179.00 . . . 08.00.14 . . UT MD Auc . . 73 @ 184.20p Full 230,746----230,669 . . . its looking okay at the moment 52----41 LSE Vols . . . . 206,384 . . . 180 trades AT trades . . . 129 OT trades . . . 51 . . 12.02.22 Spread 184-----184.6 . . . Mid 184.3p
MikeyAdmin
11 Feb 2020
Level 2 50,000 @ 179 . . . after three sales totalling 4,026 at 09.13.56 is down to 41,581 Book 196,762----206,313 41----39 Spread 180.6----181.4 . . . Mid 181p
MikeyAdmin
11 Feb 2020
Level 2 50,000 @ 179p . . after two sales of 1,000 at 08.51.31, is down to 47,993
MikeyAdmin
11 Feb 2020
Level 2 Sorry, Forgot The individual size of each DMM’s Bid and Ask weights tell the full story of the thoughts of that DMM’s Investment Bank, but once again my Retail L2 Platform does not tell me. 50,000 @ 179p, 5,000 @ 178p, 10,000 @ 172 & 166p, 20,000 @ 164 & 154p 15,000 @ 188p, 20,000 @ 191, 192, 197p, 40,000 @ 205p, 25,000 @ 208p and 12,000 For instance :- If a DMM had a 12,000 on the Ask and a 20,000 on the Bid he is more positive about GKP, and if a DMM owned the 40,000 on the Ask and the 15,000 on the Bid, he is showing that he is not positive about GKP But guessing the independent thoughts of the DMM’s means very little, but we do have the Total Weights, Bid 105,000 and Ask 152,000, which at best looks precarious.
MikeyAdmin
11 Feb 2020
Level 2 How important are the weights and what do they signify ?? 50,000 @ 179p, 5,000 @ 178p, 10,000 @ 172 & 166p, 20,000 @ 164 & 154p 15,000 @ 188p, 20,000 @ 191, 192, 197p, 40,000 @ 205p, 25,000 @ 208p and 12,000 @ 249p The Bid and Ask weights above are placed on the Book by the Designated Market Makers and are their independent thoughts of where the Price of GKP should be. But in saying that, it has to be remembered that each DMM can have ulterior motives for wanting the Price lower On the Bid there six large weights and on the Ask there are seven large weights. So of the (9) nine DMM’s on the Book there are seven who say the Price needs to go down further and six who are weakly supporting the Price albeit at lower level for whatever reason. However our saving grace is one single DMM who with his 50,000 (49,993) @ 179p is determined the Price will not go lower than 179p. Who that 50,000 @ 179p Designated Market Maker is, my Retail L2 Platform does not tell me, but I would suspect it is either Peel Hunt or Canaccord Genuity, GKP’s two House Brokers. In my own opinion of course Screencast.com 2020-02-11_0753 Shared from Screencast.com
MikeyAdmin
11 Feb 2020
Opening Prices FTSE100 . . . 7,446.88 . (-19.82) . (-0.27%) Brent Crude . . . $53.81 . (-0.66) . (-1.21%) GKP . . . 177,776 @ 178.20 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FTSE100 . . . 7,468.68 . (+21.80) . (+0.29%) Brent Crude . . . $53.80 . (+0.53) . (+0.99%) . . . (15mins delayed) OP . . . 7 @ 179p . . . . (leaves 49,993) 50,000 @ 179p, 5,000 @ 178p, 10,000 @ 172 & 166p, 20,000 @ 164 & 154p = 105,000 15,000 @ 188p, 20,000 @ 191, 192, 197p, 40,000 @ 205p, 25,000 @ 208p and 12,000 @ 249p = 152,000 Book at c.8.03am 200,699-----209,186 28----34 If the support of 50,000 @ 179 gets sold through, we may have a problem Screencast.com 2020-02-11_0753 Shared from Screencast.com
ValueSeeker8
11 Feb 2020
Oil Bounces From One-Year Low But Emergence of Glut Looms (Bloomberg) – Oil prices bounced back from the lowest in more than a year on Tuesday but the emergence of a glut since the coronavirus outbreak loomed over the market as traders look to store excess crude on tankers. The world’s largest oil traders are seeking to hoard crude on vessels at sea as the industry tries to deal with the oversupply that’s developed as the outbreak wreaked havoc on Asia’s largest economy. Chinese energy importers are struggling to cope with swelling stockpiles, with one declaring force majeure, as travel bans and quarantines weigh on fuel demand. The growing glut and dithering by OPEC and its allies over whether to hold an emergency meeting in response have pushed the oil market into a structure known as contango, where near-term prices trade at a discount to future contracts. And, while oil rebounded somewhat on Tuesday amid a broader move up in financial markets, the contango for U.S. crude remained at the widest in four months. “Crude remains under pressure from worries over demand destruction from the coronavirus,†said Vandana Hari, founder of Vanda Insights. “Prices are likely to continue drifting lower in tandem with the progression of the epidemic.†West Texas Intermediate crude for March rose 1.1% to $50.11 a barrel on the New York Mercantile Exchange at 10:59 a.m. Singapore time. It fell 1.5% on Monday. Brent crude for April climbed 1.3% to $53.96 a barrel on the London-based ICE (NYSE:ICE) Futures Europe exchange. The global benchmark crude traded at a $3.65 premium to WTI for the same month. Vitol SA, Royal Dutch Shell (LON:RDSa) Plc and Litasco SA are among firms asking about hiring supertankers for storage purposes as a sharp drop in Chinese demand due to the coronavirus prompts requests for cargo deferments, according to people familiar with the matter, shipbrokers and oil traders. The Organization of Petroleum Exporting Countries is unlikely to meet in February to discuss the effect of the virus on oil markets, leaving the possibility of further production cuts up in the air. Technical experts had earlier recommended a further supply cut of 600,000 barrels a day until June, said OPEC delegates, who asked not to be named because talks were private. image.png587x639 39.5 KB Best Regards @ValueSeeker8
ValueSeeker8
10 Feb 2020
Transactions in Own Shares RNS - Transaction in Own Shares Best Regards @ValueSeeker8
MikeyAdmin
10 Feb 2020
More Corona Virus & Oil News OilPrice.com Oil Set For Fifth Consecutive Weekly Drop As Coronavirus Hits Demand |... Oil prices were on track for a fifth weekly decline early on Friday, weighed down by the loss of demand in China as a result of the coronavirus outbreak
ValueSeeker8
10 Feb 2020
Major shareholders continue to sell Yes, as it is displayed at the heading of the table. In your screenshots this crucial line is omitted!
MikeyAdmin
10 Feb 2020
Closing Prices Close . . . . 184.00 Open . . . . 186.00 High . . . . .186.00 . . . 08.00.13 . . UT Low . . . . . 178.60 . . . 15.51.09 . . AT MD Auc . . 602 @ 183.2p LSE Vols . . . . . . 381 trades AT trades . . 274 . . 71.92% OT trades . . 107 CP . . . 177,776 @ 178.20 . . . (days low) FTSE100 . . . 7,446.88 . (-19.82) . (-0.27%) Brent Crude . . . $53.81 . (-0.66) . (-1.21%) . . (15mins delayed)
MikeyAdmin
10 Feb 2020
Major shareholders continue to sell VS8. I know its hard to know exactly not knowing just when an Insti sold, but does your analysis take into account the amount of Shares in Circulation when the new holdings where released
MikeyAdmin
10 Feb 2020
Major shareholders continue to sell Screencast.com 2020-01-28_1142 Shared from Screencast.com
