Member Info for big-blue

Did it close 190+ as I expected?

"if the West buckles under financial pressures and announces 'He's had enough, he's not werf it', and relaxes sanctions"
Not happening, Germany is already shipping in thousands of barges of coal, greens in EU are cutting a deal to accept coal in return for more useless turbines. Russia doesn't have a trump card.

Doesn't matter how you dress it up or ry to apply retro qualification sagecity, I've been noticing the subtle shifting you make and pointed one out today simply because I thought it funny you predicted no splitor sale and then the next day an RNS confirmed a sale or split was being put together - to which you didn't reply until today. You're Not quite the clever clever wordsmith you might think you are.

"When it gets political it’s a different game they’re playing."

I have banged on and on for months trying to get that into certain thick heads in order to keep it real. To function in the future thy will or should want to keep a business relationship with LSE and Lloyds. However, it does mean keeping a close eye on what they intend, especially if there is silence.

Tuesday
"For me personally I don't want the split, too many assets and future mines are in Russia."

Today
" I would rather they split the company into Poly (R) and Poly (K) than sell assets"

Whilst Sagecity appears on the surface to post wise old owl prose, if you look a little closer you atual find a chameleon subtly changing hue to suit the latest news. I twigged
him as a bit of a manipulator and mostly retrospective with comments that he casts as predictions such that people should trust him. I'm sure his ego is well stroked with all the thumbs up but would you buy a used car from him? No, neither would I. Comes through more and more as a bit of a classy confidence trickster. Isn't he the one on the water jet ski in that advert about being careful with pension advisors?

"What happened to your prediction re the sp for today big- blue?"

Good question. Remind us all what I am supposed to have said as I don't recall making any.

A speculator came in a few days ago, they seem to be leaving now.

Until those shares are cleared, we won't know how the market values the company based on the latest results, but suspect it will be better than 190 with the debt burden holding the rice back.

RNS to watch out for. China gold market 'cracked' for POLY. I wonder whether that will be within weeks.

"MSD/MOEX shareholders (includes board) shouldn't be left with nothing and this will be looked at as part of transaction analysis"

I was trying to alert you all to a particular point of relevance that is now hopefully a little more at the forefront of your mind. The split proposals might be subject to a boardroom fight, I have the intuition there are factions and policy may not develop in a business favourable fashion!!!

I am concerned at one option of a management buyout. I suspect that will die off quickly as the iis and pension funds would demand way too high a price for the 'management' to pay, even if financed with junk bonds. I can see why some on the board think there is a mega opportunity to acquire the assets very cheap, just like the good old days a the USSR broke up. A worrying suggestion but I'd expect it to flounder.

It does appear, due the location of shares, that there is most likely going to be a split rather than sale, hence the sp retracing rapidly. This protects the MOEX holders. Will LSE holders get only crumbs??

Another consideration is the political dimension. If we assume virtually all board members are against Putin and his wars, those same people will be increasingly aware of the escalating impact on western sanctions. At what point do board members stop blaming internal Russian economic decline on Putn, and start adopting an anti-west stance (LSE holders) in retaliation? It is human nature. I now many of you want to pretend such wider issues like war have no relevance but when it is said the company is focused in looking after the shareholders, the question is which ones and will the position shift as geopolitical events bite harder?

The board has been very quiet compared to what is reported as normal. If that continues I am going to have to start considering whether LSE shareholders are going to be looked after properly . This will need a very close eye being kept on it over August n case I need to bail suddenly. My £4.50 target is looking decidedly weakened.

Clearly with the instant abuse some here are angry and upset with the RND, which I will get round to looking at in a minute or two once the mocha has finshed percolating. I'll make a vanilla infused latte to go with the RNS and maybe a thin slice of Victoria sponge cake.

I'm sure the penny has dropped with the board and events are now being sequenced.

Anybody living in the real world and tuning into the cc call, please ask how the board intends to avoid disposal of assets without seeming to favour MOEX or LSE holders, or is their a business reality we should be prepared for, or will sime creative mechanism be used to keep the breakup of the business equitable for both sets of holders.

This is a live real question, ignore the trolls on here desperately trying avoid this question, put it forward at the Q&A and lets get some guidance.

2 posts this morning against 90 others, and I have sell targrt of £4.50, somewhat above the current price. So exactly what are you trolling about 'Kenny'!

"Read my posts weeks back when I was laughed at. I said sell the Russian assets asap, focus on the Kaz mine, get rid of debt, sell the Russian mines. "

Been saying the exact same thing but all people did was filter, complain, abuse the reporting, and generally delude themselves. Yes, the board should have mived much sooner based alone on the exodus of companies from Russia, let alone the obvious fact that there was never going to be some magic return to normal with lifting of sanctions.

Many, will still refuse to accep the blindingly obvious. And nobody dare address the probability the split and dump may ne organized to significantly favour MOEX holders and cost LSE holders dearly.

I expect an reasonable equitable split with some favouritism to KZ continued operations with some sort of bond issue for MOEX holders to offset any perceived loss. (bonds to ne cashed post war), or some other imaginative arrangement.

You're wasting your time foor, you're talking about the real world when a lot of them on here live in fantasy land. There will be a debt shakeout when the toxic Russian assets are dumped, but it remains to be seen how the board will construct tge deal to favour one group of shareholders over another - a point which is extremely sensitive on this board!

It's fascinating. I raise the question which shareholders the POLY board might avour, MOEX or LSE, and a major campaign to have all posts deleted ensues.

The conspiracy theorists might think the effort expended to stop all mention of that question indicates there might be something fishy going on. But then, maybe not.

Certainly with the highly aggressive editing of the board content, nobody is discussing it.

Disappointed, the lone link I posted wasn't deleted so I can help the admin manager to identify the rogue moderator directly.

Still, just means a little more digging.

So be it.

A formal complaint of gross misconduct against moderators behaviour will be lodged and an appeal to have the moderators 'editing' the board content dismissed.

It is intolerable that his board is constantly edited to exclude points, information and opinions that are squarely within the terms and conditions simply because an organized group do not agree. This behaviour is unacceptable in Great Britain and will absolutely not be tolerated.

To those thinking you are being clever at having posts deleted, you have more likely just had several people lose their jobs, which in today's climate is not a pretty thing to happen.

You should be ashamed of yourselves for using the moderators in such a callus fashion.

" it is merely supposition and opinion on both sides."

Except the moderators here have a nasty habit of constantly editing out one side! There is a filter button, it is not for moderators to edit the od which is what they have been dong.

As for crumbs, some find cake, some find bread, some find cheese. Can I lend a Lear to pop over for coffee with a friend in Milan this w/e? Mines having the jacuzzi upgraded.

"If they can play for time and not rush the sale, looking for best value, the war "special military operation" then comes to an end via negotiation, potentially sanctions would be part of that deal."

I am just astonished some are still holding on to this fantasy that POLY just needs to wait a little while and sanctions are going to be negotiated away. The sanctions are here for many, many years and post war. Even if Putin goes tomorrow, western governments and investors will want to see at 5 years of stable non-corrupt, democratic free media before contemplating any removal of sanctions, OR removing the reconstruction levies to be placed on Russia further down the road.

There is not going to be a return to normal. It is over, it is done. Time to accept the reality and organise your finances and lifestyle to suite . You could try selling the Lear for a start - there's still a healthy market for them (assuming yours hasn't been seized - ouch!)

MARKET MAKERS ARE OBLIGED TO TRADE BE IT ELECTRONIC OR BY PHONE. IT IS A FUNDAMENTAL RULE. The price they offer might be crap though!

https://www.investorschronicle.co.uk/shares/2018/11/09/the-truth-about-market-makers/#:~:text=There%20are%20rules%20on%20the,more%20sellers%20on%20the%20market.
" Unlike other participants, market makers have the advantage of being able to position themselves either side of the trade when there is a rise in orders on a stock. If there wasn’t liquidity before, they will provide it, but they are profit-driven, so take advantage of heightened activity to widen the spread between what they pay (bid) for a stock and what they sell (ask) it for. If there is a sudden rush of bids by investors on the back of a piece of research, then the market makers will need to purchase more stock, which puts the risk on them. They will demand a decent spread to compensate for that risk."

"Why release that news two days before an update? It could have quite easily been included in the news on thursday."

I've dwelled on this last night (no lightning show) as I was given the firm understanding results first, split second. Looking at the price movement in morning yesterday I suspect some leakage either from a board meeting, signing off the results and 'chairman's statement' passing outside of the company for legal scrutiny ect, ect, ect meant the RNS was forced ( time of day was a bit odd) as the board may have been told to make a comment on the unusual price movement by regulators but could not release one of those infamous AIM releases "the board is not aware of any circumstances to warrant today's share price movement" since they did know why. Old trading lags know what I'm talking about.

Oh I think there are some pretty big pension fund holders involved. They will surely be putting pressure on he board to favour dividend returns. These numbers up to June 2022

Institutional shareholdersTop holdersMovers
13.55%
Per cent of shares held by top holders
Holder Shares % Held
BlackRock Investment Management (UK) Ltd.
AS OF 30 JUN 2022
22.24m 4.70%
Norges Bank Investment Management
AS OF 31 DEC 2021
9.18m 1.94%
Massachusetts Financial Services Co.
AS OF 31 MAY 2022
6.46m 1.36%
Capital Research & Management Co. (World Investors)
AS OF 31 MAR 2022
6.24m 1.32%
Vontobel Asset Management AG
AS OF 31 MAR 2022
4.29m 0.91%
BlackRock Advisors (UK) Ltd.
AS OF 06 JUL 2022
3.97m 0.84%
BlackRock Fund Advisors
AS OF 07 JUL 2022
3.81m 0.81%
Courtiers Investment Services Ltd.
AS OF 30 JUN 2022
3.10m 0.66%
Aberdeen Asset Investments Ltd.
AS OF 30 NOV 2021
2.67m 0.56%
Schroder Investment Management Ltd.
AS OF 30 APR 2022
2.20m 0.46%
Data from 31 Dec 2021 - 30 Jun 2022