Member Info for Carltt

Abject, what’s boring is watching a successful company in dire straights and looking at why that has been allowed to happen. Time after time here in the Uk. I blame policy of the last 60 years. Do the maths!

Yawn!

VOD will survive, on some form, but it’s in a ridiculous mess, literally stooping to giving away free internet, and the debt mountain is unforgivable. The board that caused this, whoever, should be sacked to never work in any company board again, imo.

I would hammer any landlord with taxes designed to make them all bankrupt, for what landlords have done.

Time that working Uk people got their homes back from the grasp of these greedy, bloodsucking, house price increasing landlords. Blair should hang his head in shame.

“inflation reared its head”

Wow! How long has house price inflation been a problem, directly caused by Landlord Lloyds and other financial businesses, yet people seem to overlook that huge white elephant!

Banks/landlords created inflation!
Time they got a jolly good kicking.

With such high debt levels, I believe Vodafone to be overpriced.

Speaking of overpriced turkeys:

https://metro.co.uk/2022/12/22/morrisons-sells-147-turkey-after-prices-shoot-up-this-christmas-due-to-bird-flu-17981321/

“ when the dividends ”

When? If?

A lot of hopes and fears and praying out there. Yup, war does that.

Let’s face it, since Feb this year, the Poly board has got Nesis scratching his head as to when will Vlad end this war? 3 days turns into weeks, which turned into months, now almost a year.

High levels of Nesis head scratching so far.

“there is no long term to this.”

Hopefully, this is correct. Nobody wants Vlad’s war except for Russia.

However, this US $44 billion to help Ukraine suggests war is here to stay.

The funding of the critically important contractors and suppliers won’t come cheap
with this weakened rouble.
Add to this the $44 billion US war pot to help Ukraine, adding to the pressure.

Considering the above, does anyone believe Poly will ever be able to afford a dividend and when?

Let’s hope one day that Vlad changes his war, or he disappears and then things can begin to look good for Poly.

Let’s get the right thread.
Great post Saga, thanks for that.
So the TCC costs will now be higher due to a sharp increase in domestic inflation with the weaker rouble and escalation of logistical costs. That’s not good. Planned grades decline in ore processed (notably, at Albazino and Kyzyl) Decrease in sales volume and associated increase in SGA expenses.
Very interesting and explains what adds to the Poly debts, thanks again. I suspect also that wage inflation on the weakened rouble will inevitably add to this pressure on Poly.

Great post Saga, thanks for that.
So the TCC costs will now be higher due to a sharp increase in domestic inflation with the weaker rouble and escalation of logistical costs. That’s not good. Planned grades decline in ore processed (notably, at Albazino and Kyzyl) Decrease in sales volume and associated increase in SGA expenses.
Very interesting and explains what adds to the Poly debts, thanks again. I suspect also that wage inflation on the weakened rouble will inevitably add to this pressure on Poly.

Yes, Vlad’s war will not end until Vlad goes back home, to Russia, unfortunately for everything Poly.

Poly are absolutely devastated by the Russian war on Ukraine, over 80% losses this year.

Some delusional Poly rampers don’t see the war ongoing for long, but meanwhile more air defences for Ukraine against the Russian aggression:

https://www.nytimes.com/2022/12/21/us/politics/patriot-missiles-russia-ukraine-us.html

Buckeye, I’m struggling with if you are trolling here, or if you believe what you are saying? Poly workers will be happy with the weak rouble?

Meanwhile, back to reality, Biden hands £45 Billion to Ukraine:
https://www.nytimes.com/2022/12/20/us/politics/congress-aid-ukraine.html

Some of you Poly rampers here are literally delusional.

“they will not be paying more. Just like the Uk.”

LOL. So you mean not like the Uk then, where wage inflation is increasing.

Without a pay increase, I’ll be very surprised to see Poly staff liking their real terms, weakened rouble pay cut. Something will need to give and Poly wage inflation is inevitable.

You are a Russian worker, being paid in roubles. Your roubles have been cut in value. You either get a pay raise after strike action, or you say, “Bye bye Mr Poly, dig your own holes. I’m off!”

“POLY are earning in foreign currency but paying in Rubles “

Then your Russian employees will need a pay rise just to afford to buy a loaf of bread. Wage inflation!

CT, yawn!

“A weaker Ruble is good for Poly”

But If your Russian employee’s currency is weakened, being paid in roubles, then their pay is worth less, however you look at it.
Inflation increases, Russia’s cost of living increases with a weak rouble.

Next, you’ll try telling us Russia’s war on Ukraine is somehow good for Poly. ROFLMAO.

Sadly, a weakened rouble is not good news for Poly:

https://www.google.com/search?client=firefox-b-d&q=dollar+rouble

1 United States Dollar equals
72.43 Russian Rubles

But he started it, Miss!
I agree and will rise above the silly playground behaviour.

There is a cancel culture in society, currently trying to limit freedom of speech, honesty and what is right.

There is a war going on affecting Poly and over 80% losses are the result this year. Say what you have got to say and carry on!