Member Info for big-blue

My guess is somebody has set up an auto trading account, and is either testing/setting up their new account (during perhaps a free trading period) or has messed up the settings and is yet to notice. There are lots of auto trade platforms out there.

https://tradingplatforms.com/uk/automated/

"Our plan has evolved since the Company announced the genesis of these actions almost four months ago, and I am pleased with the good progress so far. While we are dealing with several legal and regulatory aspects across jurisdictional boundaries, our aim is to apply best corporate governance standards and achieve the best outcome for all stakeholders”, said Paul J. Ostling, Independent Non-Executive Director and Chair of the Committee."

The real actual world, IT CAN NOT BE DELETED - IT EXISTS - IT IS FACT

“The Committee is acting in the interests of all of the Company’s shareholders with the ultimate goal of unlocking the Company’s value by removing its exposure to the Russian Assets"

“The Committee is acting in the interests of all of the Company’s shareholders with the ultimate goal of unlocking the Company’s value by removing its exposure to the Russian Assets"

Blatant editing today trying to restrict the narrative on POLY. The disposal of the Russian assets is going ahead and no amount of deleting posts by abusing the reporting system is going to change that.

The explicit RNS statement includes,
"“The Committee is acting in the interests of all of the Company’s shareholders with the ultimate goal of unlocking the Company’s value by removing its exposure to the Russian Assets"

You can't delete this from the real world.

I think I understand, you are hanging on to the words like 'potential' and recontextualising to read that proposals are some far off academic exercise barely worth mentioning. You quote a speculative press article, from March is that?, and ignore the clear RNS statements. You are desperately trying to invent a scenario dismissing the actual real world statements. It is sad to see this being played out.

13:51 199.00p 1 £2 Sell AT
13:48 199.00p 1 £2 Sell AT
13:45 199.00p 1 £2 Sell AT
13:42 199.00p 1 £2 Sell AT

Isn't there supposed to be some mythical code behind single trades - isn't 1 shar sale supposed to be code for RNS due?

"Although to be pedantic, it does call it a "Potential Transaction"."

FFS! That is EXACTLY what it says in the RNS. It is not abandoned, deleted, dismissed, erased, rejected, cancelled or anything else like that. Stage two, committee to oversee, aim is disposal of Russian assets, technical details to iron out. It is progressing FORWARD not backward.

It is time for some of you to accept the real world and deal with the plain facts.

How? It is explicit in the RNSs. You lot just keep trying to convince yourselves here is some magic way out as if nothing ever happened. Outright denial in the face of crystal clear company statements.

"The Committee is acting in the interests of all of the Company’s shareholders with the ultimate goal of unlocking the Company’s value by removing its exposure to the Russian Assets."

"The Committee is acting in the interests of all of the Company’s shareholders with the ultimate goal of unlocking the Company’s value by removing its exposure to the Russian Assets."

"The Committee is acting in the interests of all of the Company’s shareholders with the ultimate goal of unlocking the Company’s value by removing its exposure to the Russian Assets."

"The Committee is acting in the interests of all of the Company’s shareholders with the ultimate goal of unlocking the Company’s value by removing its exposure to the Russian Assets."

"The Committee is acting in the interests of all of the Company’s shareholders with the ultimate goal of unlocking the Company’s value by removing its exposure to the Russian Assets."

"The Committee is acting in the interests of all of the Company’s shareholders with the ultimate goal of unlocking the Company’s value by removing its exposure to the Russian Assets."

Getting the picture yet............................. hell, you don't even need to read between the lines with this one!

I give up, read the RNS, it is crystal clear and signed off by the legal consultant as a formal notice to the London Stock Exchange. Everybody can read the formal statements. If you are saying that the RNS information is revealed as a lie or a deliberate misdirection based on comments in a shareholder meeting , say so explicitly and deal with the consequences the next time somebody from the company looks in on here. Or was it that the remarks in the shareholders meeting were actually simple stating the bleeding obvious in response to some rather pedantic questions?

The RNS comments are unequivocable.

"The clue is the rms " review and potential""

I'm scratching my head trying to figure out what the big slam dunk here is. The company acknowledges a press report in the affirmative in March that it is looking at splitting the company along jurisdiction lines for respective jurisdiction owners amongst other options such as selling off Russian assets.

Controversies??

OK, so we move to the July RNS confirming moving from a consideration to
"evaluating the potential disposal of the Company’s assets located in the Russian Federation (the Russian Assets) (the Potential Transaction)."

Splitting/selling has not been dismissed or abandoned, the option is furthered along to the next stage centered on disposal of Russian assets. It is there in black and white.

"Then explain the RNS stating a special committee of non-execs has been set up to oversee the disposal of Russian assets. " You have to be in total denial to want to believe the company is not progressing to the next stage of setting out the proposal for shareholders to approve or reject. If you are holding out that the special committee of non-execs is somehow going to veto the executive members AND the shareholders by somehow banning any split or sale, you really have some problems understanding corporate governance. The second RNS confirms this is a live, active policy moved onto the next stage, not going backwards, cancelled or reversed.

It could not be more explicit which direction this is gong;
"“The Committee is acting in the interests of all of the Company’s shareholders with the ultimate goal of unlocking the Company’s value by removing its exposure to the Russian Assets.

Our plan has evolved since the Company announced the genesis of these actions almost four months ago, and I am pleased with the good progress so far. While we are dealing with several legal and regulatory aspects across jurisdictional boundaries, our aim is to apply best corporate governance standards and achieve the best outcome for all stakeholders”, said Paul J. Ostling, Independent Non-Executive Director and Chair of the Committee."

"In order to evaluate the Potential Transaction, a Special Committee of the Board (the Committee) has been set up in accordance with the Company’s Articles of Association, comprising the Independent Non-Executive Directors of the Company. The Committee will review the Potential Transaction, acting at all times in the best interests of the Company, its shareholders and other stakeholders."

A committee has been set up to oversee the disposal of Russian assets. It has. The company said so. It is explicit. Can't quite see how you can possibly contest the exact contents of the RNS.

"The Russian assets will stay in house"

Then explain the RNS stating a special committee of non-execs has been set up to oversee the disposal of Russian assets. Within days of the invasion POLY was looking to split/dispose and that was then leaked to the FT forcing a public acknowledgment back in March.

The board no more want POLY linked to Russia then the investors do. I would put a fiver on that BlackRock had, err..., "deduced" the board would dump Russia if Putin invaded Ukraine and they already had a plan to buy in to capitalise in the new KZ company. Sounds more credible.

"you’d be on a private island sunning yourself."

You make presumptions so that you can construct a weak opponent rather than battle the reality your conscious mind tells you exists. It is your way to deal with reality, as it is wit many others.

I am always open to other opinions. It is just a pity so many here only have personal insults to answer me with.

POLY has a great future andis not doomed a all, so long as it dmps all the toxic assets and pursues growth outside pirah states. Kazakhstan is a very high potential growth state and key to the whole region. If Russia s properly defeated and significant regime change, or occupation from an invading force, happens, then the threat of moe Russian aggression is removed and a long term position in POLY after a profit take is on the cards, along with other long term opportunities in Kaz. The whole central asia region is looking quite exciting in many ways. Russia is now a defo no invest zone and any company connected an extreme risk. POLY is a lower risk because the board has declared twice the invention split/sell the toxic asset. The sooner the better.

And it will be interesting to see what plans the board has for KZ growth in new mines or prospecting. Just itching to get rid of those Russian assets now and hear the plans for the future.

"he Russian state will be the one to face financial hardship."

Except, where will the state raise the money they have to handover? Big secure money makers will be hit. The likes of POLY will inevitably be 'taxed' as one of the long term funding sources. Even if Russia hadi's way and kept all the invaded territory, they themselves have talked about bold reconstruction plans. Where will Russia raise the money from? Oligarchs? Think it through.

https://www.nzherald.co.nz/world/russia-ukraine-war-nuclear-plant-is-out-of-control-un-nuclear-chief/OHPNXMG4QCBIPLNMAVEHEUDFDY/

Russia made straight for the reactors here and at Chernobyl because they are desperate for weapons grade plutonium, Chernobyl is not configured for high production but intelligence suggests Zaporizhzhya can be. Russia has not found any stockpiles to plunder proving the intelligence it claimed to have that Ukraine was building a bomb was false. It seems here are attempts to configure operation for plutonium production may be underway. It explains the intense militarization of a power plant.

The relevance here is that is a critical situation starts, the west may have to move quickly into Ukraine to try and prevent a major accident, if possible. If an accident does happen, Russia will sink even further into a pariah state as the consequences of major accident will be felt worldwide.

Again, looking forward 6 months, 1 year, 5 years, how will POLY be treated if it has significant assets in Russia? What kind of levy will be raised against the whole company for rebuilding and compensation in Ukraine, for cleanup and compensation from a nuclear accident (for at least 50 years)?????

Post not deleted as far as I can see.

Very low number of trades today, yet, unusually, that has not marked it as being in the negative as mm cover their backs.

There is a whiff in the media reports, pan global, that the war has hit an inflexion point due to the new modern weapons deployed in the theatre by Ukraine. Expectations that Russia is about to declare victory and try and engineer a fake ceasefire and trying to get everybody to force Ukraine to accept and just handover territory. Won't be happening. More like Ukraine will be urged to expel Russia off Ukraine land in order to trigger the downfall of Putin. Remains to be seen whether the generals will keep trying to hold ground or throw the towel in.

But I agree with many commentators, the war has entered the end game. It doesn't alter the basic facts that Russia is a terrorist pariah state now and not even China, its new best buddie, is coming to help. Toxic for the next decade and a place NOT to be seen involved with at any level.

Take your attitude somewhere else.