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The share price is since entering the Moscow exchange the regulators were warned of this greedy group of people and the tactics they are using to take control. In Russia this is more than a warning to anyone putting there hands in.
I can see this flipping back to the old management next year and like many before these guys accepting an increase on what they paid and moving on. Will it be the last greedy bunch trying to buy it out, who knows.
Smart move would be to request the old management return and the basis of a merger or use of the POX with a reasonable profit for both POG and UGC. Also retaining some good shares in POG to benefit also. Only problem is I do not view think as a greedy billionaire who thinks the money going to one person is better than a lots benefiting.
Positive in my mind
Dear All,
I’m flat out this morning but found this news feed, can someone please translate with Google for all of us to read. Would normally do it myself but I’m stuck on my IPhone for the morning.
http://www.moscow-post.su/economics/za_strukovym_snova_prishli33926/
I held this from .6 all the way down to .06 now it’s coming back. I have averaged down to around .4 which is not bad considering the chance of a good future. I may trade a few to try and lower my average further but not right now as this could jump without warning.
I held for a reason, sometimes you just know and I feel I know.
Like all of us I will probably question why I did not buy more at .52 when it’s in the pennies and rising. I will question why I sold some at 1p, 2p and 3p when it’s 5-10p or higher.
Good luck everyone.
Dear Freddie2,
We do have a level of bright light in this storey. Yes we have been diluted, but this was inevitable in time. Plus by converting early we do not have to pay the interest on the convertible loans which in turn increases profit.
Once the company has free cash flow they can either invest by TEMI 25% without shares, give a dividend that I would invest straight back in to the trilogy, buyback shares thus concentrating the shares. Gold is high and although production is not 100% what we thought could happen it is hardly a bad period for the company.
Smart move for UGC would be to capitulate and bring back the board, work out a way of working together. Or truly find some new board members who can run this company and gain the respect of the workers.
I’m not sure part of me wants a pull back to add more but the part of me wants to watch this jump now.
Even adding £500 could become a significant amount later if this goes well.
What to do, only Saint-Tropez knows now.
This is so cheap now. What ever happens at the board will not stop this in the long term. It’s nearly 2021 and you can only imagine that the old board will be back to contest the mess that currently is.
Believe they will adding at these reduced prices and if they can convert anything believe they may well do this also.
Currently it’s an investment gone wrong for UGC, especially if your staff are on a go slow or do not even recognise you.
If the vote had gone the other way then this would be 60-70p now 80p.
Looking to add again.
Dear Lawrence13,
I sharp choice of words. However, accurate. I’m 7 years too.
Relax the pox Hub is worth 1 billion, without any other asset. Debt is far lower now and we have made lots on the gold produced.
The next report will show an increase they need to prove themselves. What’s the chances they have held back to make the previous management look bad.
This is open to a bid.
Just added a few more. Longer term this makes good money. Interims were rushed.
https://www.google.co.uk/amp/s/www.proactiveinvestors.co.uk/companies/amp/news/931029
When this comes good who is interested in an ALBA celebration party. Socially distanced and must end by 10pm and be held outside to accommodate everyone.
If we all put £1,000.00 in then we could get Tom Jones to sing for us.
So ALBA is up today.
What did Positiveenergy do next? Take a look he moved on to ICON. Who are these people and what’s the agenda, if it’s to rip people off or sell bad advice then how sad is that?
Hope I am wrong.
https://www.lse.co.uk/profiles/positiveenergy/
Dear Saint-Tropez,
See you only joined in May 2020 and have entered with lots of information and views. Calculations and research.
Do you mind me asking what you do for a living? Or what you did before?
Making my own decisions but value the input. Plus appreciate facts do not reflect in a share price.
I see some are worried about the input also. Why do you think this is.
Let’s hope this plays out as you suggest it could do. My calculations are show a good upside. They just need to prove a project and bring it to market to change the minds of people who have watch for years.
Yep saw it. This is just a waiting game. The company is good and they can only hold it back for so long.
I’m in ALBA playing this while I wait. Although I am thinking about adding here too. While we are waiting here take a look.
I feel we could be at 80p by now if was not for the UGC guy. One of the worlds richest people with a personal wealth of $2 billion and still feels it necessary to cause such problems. The thirst of greed can never be quenched.