Member Info for aimtitan

Could polygon be a front for darth Vader, trying to hijack petro by shorting it to get hold of long term supply of gold to fuel his universe destruction machine?
Let's not come out with stupid scenarios. I may as well read kids book if this boards turning into this

Additionally you only need to look at the ratings of their bonds which are secured against their portfolios, these are graded JUNK by S&P and moodys

Working in the funding/loan sector and aware of this business, it has heavily borrowed from the market and paid premium for its junk portfolio books. What will make this business fall is the impending recession which will tighten consumer pockets. Arrows books are full of consumers who have defaulted even when the banks are throwing money at people at low interest. When inflation hits and markets tighten, arrow will suffer. You only need to look at the share price of debt services in 2008 to see they tanked. The only way here is down and the board know this otherwise they would be buying this up like kids in a sweet shop

They are trying to revive the billion dollar award

http://www.swissarbitrationdecisions.com/sites/default/files/2018%2010%2030%20GAR%20Article%20on%205A%20942%202017.pdf

When interest rates go up, people start defaulting on their other loans. Which means the returns arrow would get from repayment just reduces. Pre crisis debt purchaser like arrow just crash. Look at some of the others in the last crisis, they lost 70% of their value.

Due to a disaster in Brazil, several major mines are going to be closed down permanently from a top global supplier of iron ore. As a result global supply is impacted and hence why iron ore prices rocketed in recent days. IRC may just be more profitable than POG in the coming months

https://www.fool.com/investing/2019/01/30/shares-of-iron-ore-stocks-soar-after-vales-product.aspx

Checking gold trends after a crash shows gold stocks normally sell down before they go up. Hoping selling half my holdings now and buying back at a discount may increase my holdings

Ive watched and invested in pog for 4years , prior to it's bond issue. So I've got a few grey hairs from this

To be honest similar gold miner with reserves and debt like pog is worth £1.6bn, so not so surprised about the rise

Wma similar gold miner with reserves and debt like pig is worth £1.6bn, so not so surprised about the rise

Also that the is a £85m bridge loan.

Please put your hands up! Anyway made a good buck on this. However I do agree that the rights issue price will drag this back down given it's a heavy discount.

Sharply down I heard I think. Lol at the shortest

Everyone seems to think a fine is instantly payable like a parking ticket haha.

We are going to get some promising news tomorrow especially with the mopping up of shares today

I think people are seeing a little bit of smoke and assuming a forest fire haha, Let's see what happens, Only time will tell, all I can say is a £500m right issue and that translates to a 12% drop only points to retail investors which account for such a small portion of share holders

In my £300k portfolio this is one stock am really confident on with the looming central bank rate hikes and higher loan defaults, companies like provident and hoist tend to increase revenue significantly. Track the shares back to 2008 and see what happened in the last market crash

Most of their debt is from bonds used to originate new loans. That's their whole business haha. Not only that they are commanding high interest rates from customers who they lend to. Regarding funding, this is minor compared to their income statement, It's just their capital is deployed. It'll be hilarious when tomorrow a rights issue isn't mentioned. One thing to notice is most of the shares are owned by institutional investors. Today we have rumours of a 500m right issue which is close to the current market cap, yet the stock has fallen only 12%, quite frankly this indicates it's retail investors who ate having a spazz. You also probably noticed some very large purchases being made regularly, Neil woodford bought last dip and I imagine he is also consolidating again.

The fca news isn't as bad as market thought and the balance sheet requirements are minimal. This will almost fly to 1200 in the short term. The downside risk is marginal compared to the potential upside