Member Info for big-blue

That ramping foot pump being brought out is it? All the classic pump 'n dump rhetoric being deployed. Way too little volume or rate of change to consider anything, unless you have a short account facility. Risk of suspension or worse hasn't changed a bit for me. Let guess, some sort of update due soon?

"China then set up its own 'Belt & Road' initiative to 'rival' the world bank; not without its problems but an overall success for China, and to which US and the west have no answer."
What do you mean 'no answer'?
It's about bloody time the Chinese put their hands in their pockets, along with the rest of BRICS and started funding projects. The west is fed up with being the worlds cash machine. Let China fund the poor world for the next forty years and see what it thinks about altruism then.
And there is already a fund to be drawn from Yuan based loans. We'll see how China reacts when it has to write off hundreds of billions in loans in ten years when all the defaulting begins, again!
Very happy for someone else to take all that wealth draining crap on.

But, errmm, I think you'll find this is 90% complaints against France who refused to give up their colonial institutions.

Didn't UK join CPTPP recently? It'll probably also join NAFTA, BRICS and any other pie it's fingers will fit in. Why Mexico joining BRICS is relevant here is any body's guess.

Did somebody hear something just then.... over there was it?

What happened to the new world order without the $ ? Oh wait, you have to rely on RUB/$ exchange rates. So much for the Yuan as your new reserve currency.

And whilst 5% may appear to be low, the original debt was financed and built in to the spreadsheet at less than 0.5% or thereabouts. The debt is now very much more expensive, has been added to very significantly whilst the income has been falling, cost rising and any surplus stock having mostly gone. Selling of the stock did not reduce the debt in the first place lie everybody promised - debt went up 2.1 to 2.4 bil. Doesn't matter who you spin it or try to dismiss it, there is a massively increased debt with a massively increased interest without any increased income to off-sett it. The debt will grow unless income grows, but what is there to grow - not the backed up inventory.

You forgot an item in your fantasy debt summary.

INTEREST PAYMENTS.

Net debt/Adjusted EBITDA
2.35 1.13 +109%

Small changes in FX do not off sett increased interest when your debt goes up 100% and interest rates are also increasing. That is why a couple of banks have just been taken out. POLY had a huge 1.6bn to begin with financed by very low interest rates. The debt is a massive issue and most likely will need an asset sell off to keep the banks happy, especially noting where some of those assets are located. Else the debt payments will sink the company.

If you have a long term investment in POLY, with significant assets in Russia itself, then it would need to be considered whether the war could possibly go long term. With that, comments like this are of interest.
https://www.euractiv.com/section/europe-s-east/news/alex-nato-allies-to-consider-long-term-military-support-to-ukraine/

A few here dismiss the debt as a minor inconsequence. POLY is much closer to the edge than is wise. BOD hace messed up letting debt get so high. Now they will have to sell assets under stress rather than leading the sale. No split either and there won't be. Another very poor decision. Errors that are reflected in the market valuation!

"In seven hours of trading not one sell, 143k buys. Never ever seen that in all my days of the markets.."
Well you're not a very experienced trader then! The sell that all those buys are covering won't be posted yet which is why the sp is not being adjusted. Very low volume markets always give odd distorted 'live' information.

"Seems people can see that the end is close."
Sorry to tell you, but the 'end' that is close is the Russian invasion. The replacement MiGs are already arriving, the tanks are on the ground and huge amounts of kit and fresh trained soldiers are taking up advance positions. A major assault by Ukraine is being prepared. If they decide to retreat from Bakut, it basically frees up the whole zone for a 'fire-at-will' before being retaken shortly afterwards.

You're going to have to put your little victory speech away. A mammoth offensive is about to kick off and the desire to see Russia marched off Ukraine soil with zero gain for Russia, indeed also removal from Crimea, doesn't have to be repeated - it is the de facto fixed policy and now it is a process of iterating towards achieving that policy. That is why the type and number of weapons is being stepped up and will continue to do so.

I do know one fact, queasy western leaders have become battle hardened now. They are not so reticent about squaring up to Russia, or concerned about dead Russian soldiers on the news from the new weapon supplies. There is even a degree of bloodlust developing in some quarters and a danger of one or two leaders seeking battle glory honours. We may have to reign a few in as the remaining Russian army is carved up over the next couple of months.

"“They raised the flag over some kind of toilet. They attached it to the side of who knows what, hung their rag and said they had captured the city. Well, good, let them think they’ve taken it,” Serhiy Cherevatiy, spokesperson for the eastern military command, told Reuters."

It hasn't fallen, this is just the Wagner claiming, again, to have captured. This is happened a number of times now. If it falls, it will be at the discretion of Ukraine forces based on how much damage they can still inflict on Russia. This has been the case for a few months. The Wagner claim is a psy-op mainly aimed at demoralising and trying to dupe Ukraine troops with false propaganda to leave. It has failed.

https://www.nbcnews.com/news/world/prigozhin-wagner-russian-legal-control-bakhmut-flag-ukraine-fighting-rcna77860

And it begins

https://uawire.org/girkin-and-his-supporters-create-club-of-angry-patriots-announce-readiness-to-seize-power-in-russia

This will be one of a number now prepared to show their hands, in a number of places. Private armies, oligarchs, humiliated military, ethnic groups, religious groups.

As the military defeat looms, Rome will burn. Frankly, this is what Russia deserves for embarking on such a murderous folly with the explicit support of the population.

No sympathy. Stay out of public areas, away from gatherings and if course, stay away from cafes!

It is a not a vaild question. A tank can be placed stuck in many places if you specifically place it there. And once deliberately placed there, good luck rocking 70 tonnes of it out. In the course of use of a tank as designed, tanks are equipped with items and supported by other equipment to avoid getting 'stuck in ditches' and so the question doesn't arise.

It's like asking whether a car can be driven off a cliff.

Now, MassiveRay, get back to playing with your bricks and save at least some face

"The Battle of Narva in 1700 was a pivotal early battle in the Great Northern War between Charles XII of Sweden and Peter the Great, near what is today the border between Estonia and Russia. Protected by the Narva River to their east, around the town the Russian Army had dug a trench six feet wide in front of an earth wall nine feet high.[3] The defenders had 140 cannon mounted around the walls, they outnumbered the exhausted Swedish army four to one and a blizzard had just broken out. Nonetheless, Charles advanced: "Throwing their fascines into the ditch, the Swedes swarmed across on top of them. Waving swords and bayonets, they climbed over the earthworks and threw themselves on the foe. Within fifteen minutes, a fierce hand-to-hand battle was taking place inside the works."[4]"

Oh dear. Razzaaman's ditches didn't work then, and they won't work now. If a ditch is going to be Russia line of defence, there are many ways over it. One is to use the tanks own gun to blast out the opposite steep bank to easily drive straight out, swing the gun round and blast the other bank to allow all the other tanks easier passage.

Huh?

"Very very sad & worse thing is you know this is true deep deep down in your heart"

My hobby of crushing chat room bugs and hearing their pathetic arguments crack and splinter under my boot is actually quite thrilling and motivating. It's really great fun when a wonky brain like razzaggagg comes along and tries to be clever. It's even better when he brings a spade too and just can't help shovelling the dirt and making that hole ever deeper. A welcome intermission from reading technical reports on a Sunday afternoon. Ahhhhhh.......

"World Wars
British Mark V tanks carrying crib fascines, 1918.

Tanks in World War I, namely the British Mark IV, started the practice of carrying fascines on the roof, to be deployed to fill trenches that would otherwise be an obstacle to the tank.[9] These were constructed from the traditional bundles of brushwood used to make fascines since Roman times. Although these were cumbersome to deploy they proved an effective gap-crossing device and were used widely by the tanks of the day that weighed up to about 30 tons. "

From WWI tanks have overcome ditches. And if you read the whole peace, the obstacle has been overcome since ROMAN times [errr that is before tanks were invented Raaagggaaman]

You can try and trap them,
https://en.wikipedia.org/wiki/Anti-tank_trench

but the engineers have been on that one from the year dot
https://en.wikipedia.org/wiki/Fascine

If I were you, I'd shut up as you are making an absolute fool out of yourself and demonstrating you have zero worldly experience.

rocking tanks out of ditches, aww c'mon!!!

rock a tank out of a ditch, absolutely clucking hilarious.

Still finding this hilarious, passed around on whatsapp group, everybody in stitches.....