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UDF, I think if you read his post, the gluttonous greed he is referring to is you ??? As for dividends, you say you are an accountant, ? Well, in my opinion the time to think about dividends, is when you generate a formula for repaying $500m of debt that is due in just over 12 months and NOT BEFORE.
We should be generating as much cash as possible to try and repay some of these bonds when due, and then look to try and get a reduced bond issue at a lower coupon rate. Once they do that , then they can talk about dividends. As for you point on the amount of shareholders, the share price is considerably lower, so they can start off at a " token dividend " and build from that, not repeating mistakes from bygone years when they paid a dividend when they were in trouble, Not a good strategy.
Don’t call Pavel "gluttonous greedy”, Lawrence.
$400M is not what it used to be.
One could previously pay a dividend for 10 Years to the shareholders with $400m.
You can't do that today, as there are so many more shares in issue.
Says the man who likes seeing people in prison whether guilty or not as long as it favours his gluttonous greed. And he complained about lies that people were denigrating Russians
You couldn't make it up.
If the agm is out of covid curfew I'm going and would like to meet some of you especially brandx.
who insulted Russian folk, what did they say I'd like to know
Rbrand is just a big headed ****** , his statement the other day saying to law13 that he wouldnt like him to meet him face to face , was pure arrogance and actually very threatening , just a know it all , we all know the type
brand, I have never come on any board, trying to belittle people or upset people. I might challenge what people say, but that does promote some action on this board.
I won't repeat what I said about delusional, but will challenge anyone who says there was 95% dilution. Because there was not. I provided my FACTS, I am still waiting for UDF,s facts to dis-prove me.
Onwards, and maybe one day, Upwards.
rband,
I am a fan of you and Shedulike.
Just saw-dont look here daily -for my sanity. I think we can agree someone 100 % correct is not delusional. You are dead right, there was a massive dilution. The fact that you can avoid it by risking much more hard earned cash does not change that correct statement. I would guess that 90 % did not take up their rights for different reasons. I was worried like everyone else ;the clincher was it seemed clear that the 2 P`s did not want us to. I too am a russophile .Those who make those silly endless insults are simply uneducated and primed to automatically believe the stuff put out by HM Govt. They even lap up the novichok -it5 is the most deadly poison invented but somehow noone dies.
The rusty I saw here for 1o years was unfailingly polite and sensible. I can only assume his alliance with the pair who I feel sure are not even invested here has got to him. And Freddie I am sure in the history of the world there has never been a 1 for 15 rights issue lol and this contacting the company over and over. Don`t they know it is illegal to tell them things ?
And stop knocking the ceo- how long has he had ?this is a complex business with a highly unusual amount going on. Maybe now phone boxes gorn he couldnt find a place to don his superman outfit. As for rewards uk companies dish out free share options like confetti. At crap thomas cook they all became multi millionaires with the 10p share options they gave themselves right after the PM got them a loan to stave off bankruptcy.
And stop saying the previous crooks are innocent. Apart from the obvious building sale, the new acting CEO well knowing ! made3 a surprise visit to Moscow office. THEY REFUSED ENTRY for a whole day. You can`t do that; if you have doubts , make a few phone calls. Then they even tried to have the ceo arrested on some invented charge. They spent the one day locked in trying to destroy the evidence. If you think that is reasonable conduct, be careful when you go out.
What is the status of the russian boy pavel protegee who was implicated in IRC history and who is I believe the CFO of Pog ? IS he hiding in Hong Kong ? no extradition due to the US inspired riots so safe unless Putin sends his poisoners.
POLY results all I could ask for but not much SP reaction. Still when Pog`s come out there will at least be a bigger release of tension all being well.
Finally Well said Shedulike several times.