Member Info for big-blue

The big news in the short term would be a bank being named to hold the GDR account. That would be good for short term holders as they may see a profit taking opportunity over 350 again. It wouldn't alter my position though as it would be too late post announcement to jump in [behind the curve] to profit and the current LSE listing still seems pretty precarious to me following the clearing house issue to be holding in advance of some GDR news. That clearing house issue happened without any actual rule changes. Risk of being locked in outweighs any possible profit take based on GDR sponsor coming along [and based on the declared fact nobody wants to work with POLY in the city indicates it is a non-starter].

ND, I am currently minded to not make any short, mid or long term investment based on the chance of being locked in on an exchange suspension short term, the probability there will be no bank to support GDRs and hence all London/western listing ceases mid term, and the potential issues receiving meaningful dividends in £ or proceeds from liquidating stock from the Yuan block long term.

I remain open to brief day trade opportunities if the volatility is sufficient, the share price is much lower and the confidence of immediate suspension is considered unlikely for that moment.

Otherwise I am open to informed and referenced information that might change my current opinion of the future issues, although I don't see that happening to easily. Crystal ball gazing of the price of gold predictions or company balance sheet are meaningless against the future geopolitical possibilities. It only becomes a £10,000 payout when it finally clears in your UK bank account! The whole point of the new world order has been explicitly expressed, the community want to be able to sanction and damage in the same way the west does if various actors don't behave in certain ways. The rights and wrongs of the sanctions does not matter against the stated intentions of having them to use and I expect a significant amount of abuse. Unless someone can convince me otherwise.

Stop trying to disrupt the chat by trying to make me the subject matter.

no short, never done one, no facility for one, volume way to low to day trade, spread way to high to day trade, sp way to high to day trade.

"Probably the cheapest stock out there."

Google search, stocks on LSE cheaper than 265p to buy.

!!!!!!!!!!!

My key concern Red is what the restrictions may look like in the future.

One point of note (pay attention rampers) is that the new world order is being driven mainly by Russia suffering little willy syndrome after the end of the soviet union - when there was a clear multi polar world. The end of SU left the mono pole world led by the US.

My reading on this so far is that China is much more mindful of its level of trade with the west and whilst the investment bank to replace the IMF in the participating countries is up running, Xi is much more cautious than Russia about hurtling headlong on this. So the time span could be a decade or more. Maybe?

By that time, Net Zero will have largely bankrupted the west anyway so the exchange rate may go the other way, hell we might all be upping sticks and emigrating to KZ with coal fired power where the lights stay on all day.

https://www.ceicdata.com/en/indicator/kazakhstan/foreign-exchange-reserves

KZ has 12.4USD in reserves. What happens to your dividend payments when those reserves are changed to yuan denomination?

https://en.trend.az/casia/kazakhstan/3568836.html

And if the dividends were to be paid in $, where would they get them from and what about new restrictions on exporting cash, or gold for that matter.

If you are not discussing these potential issues with a professional advisor you may not get access to the dividends you think you might. Worse still, if no form of listing, GDR or otherwise, can be retained in a 'friendly' or western country outside the new world order, how do you expect to export you liquefied assets back to the dollar denominated world?

Answers not insults please.

And we're back to making me the subject matter and burying the real issue of potential future fx rates and caps preventing dividends being paid in any meaningful quantity from KZ.

Trolls are back looking to disrupt the board yet again.

[sigh]

I noticed the AT have disappeared. Looks like a classic AIM listing now. Huh, and its a mining company too, lol.

It's quite amusing watching them try to deduce which avatar(s) is/are me on Telegram. These people wouldn't make good spooks, lol.

Still quoting on iweb

What would be more instructive than having a go at someone for being honest about their decision, is asking what comments made them concerned. Perhaps the trolls who spend all day bashing posters making 'comments' will reflect on the disruption they have caused by not addressing comments in a civil manner.

Maybe I should be more generous and thank all these trolls. When I raise issues I receive an avalanche of hate posts, filtering, complaints to admin and all manner of organised dismissives.

What I do not get is informed, referenced insight explaining why this or that is not an impediment to investment (or rarely).

In a way, the nastiness and trolling against me informs me that something is deceptive and I would therefore be better off not making any investment for the longer term return. If people panic so much they immediately start attacking the messenger, the debtor, the debate itself, it must indicate that the precautionary principle is the right path to follow.

Seriously, ask you IFA about this.

Interesting. No comments or input addressing an issue that could potentially seriously devalue and then limit future income from dividends. Instead, full on personal attacks and simplistic dismissal of the points.

I sense I have hit another nail squarely on the head!

I repeat, my advice is go and get some professional independent financial advice. There are many more new variables associated with tis on top of the existing risks already talked about. This is not a pension pot share for me - the more I walk through scenarios, the more remote it becomes. Only short term day trading opps from now on.

"The highest bidder will set the price."

Only when there is a single market. The whole point about the new world order is not to create a second division, but a full alternative where gold is traded within the Yuan bloc, and separately within the dollar bloc. That is how far the intention is in order to break the US dollar singularity. I'm not sure some of you have an understanding of what has started over there. KZ will be part of this new world order, not part of the 'old' western dollar led system.

I am merely walking through an analysis of how holding shares in a company overseas within the BRICS new world order with the Yuan the reserve currency along with the dollar in a multi polar world, and how this might play out.

Key concern is, if expecting a dividend income, how will that exchange between the systems to sterling, will there be fx limits and what predictions on th stability of the future monetary systems can we be expect?

What happens if the two worlds, dollar and yuan, can't agree on an exchange rate for gold?

Given the sums people are saying they have invested in here with long term intentions, and the implementation and development of the new world order, I would strongly advise seeking professional independent financial advice on the potential issues the Yuan based new world order currency might bring.

I suspect many people have very little understanding of the potential upset and instead expect the global financial world to continue as it is with just one reserve currency, is dollar based. It won't be.

The new world order is multi polar and is underway already.

Oracle, it's already happening. The investment bank is already set up. This new world order is currently being set up. Tye talking has finished.

With the Yuan the reserve currency of the new world order, I think the exchange rate from Yuan based to Dollar based will be somewhat more significant than the price of gold. The new reserve will be used for the new counter IMF, a coalition of corrupt over spending nations.

Will this go smoothly like the IMF? African was a basket case undermining the IMF but the exposure was small. India, Russia and China as underwriters of a new Asian IMF? The IMF has worked because of rule of law, something that will be distinctly lacking in the new world order of Asian, South Africa, South American states.

Even just a few years down the road, you can't have two gold prices, Dollar and Yuan. There will be a very significant change in exchange terms and rates trying to value gold between the two systems. This might even be the moment gold ceases to be a standard. That is worth evaluating.

Oh, and bear in mind, limits on the size of exchange may well be applied. People seem to think that the wider globalisation freedoms of movement of capital under the Dollar based reserve is just going to continue with another reseve, the yuan. You find you simply can not transfer a big chunk of your divided pot out of the Yuan zone anyway.

Big things to evaluate.

I don't think it will.

So, companies listed in KZ exchange pay dividends in $ now? Is there any published information giving information about that?

Then do we not have to try and extrapolate what the exchange rate will be several years away given the impending division of the global financial system? Just ebbs and flows of rates, a thumping great big strengthening, or massive crash?

These are perfectly rational questions. Under normal investment circumstances for anything in another currency, let alone in an area of the world determined to create a new world order in financing from scratch.

I had my fingers burnt with a simple US based share, profit in to loss thanks to shift in exchange.

So how about a grown up discussion for once.