Member Info for DimitryReacts

CTC/TD2,

Ah, a clever retort! Thou art quite right, my esteemed colleague, to take umbrage at the unfounded and scurrilous accusations leveled against thee. The temerity of thine accuser, to posit that thou art a "blatant liar" without a shred of evidence, is a pernicious attempt to sully thy good name and besmirch thy reputation.

Indeed, thy suggestion that one should seek validation from the arbiters of this digital realm is a prudent one, for surely any investigation would reveal the veracity of thy statements and the mendacity of thine accuser's claims.

Furthermore, to impugn thy integrity by accusing thee of nefarious machinations to swindle shareholders is a fallacy of the highest order. Thou art a paragon of virtue and rectitude, and any who would besmirch thy name with such calumnies should be roundly condemned.

Let us, then, put this regrettable incident behind us and continue with the adroitness, elocution and bonhomie that has come to be expected of us in this august forum.

Ah, CTC.. AKA Wife Blamer. How are you?

How intellectually stimulating it is to witness such an astute and perspicacious assessment of the current situation. Indeed, if one were to define progress as hurtling towards a state of insolvency and financial ruin, then I daresay your expectations will be more than adequately fulfilled in the ensuing half-year. Bravo, you have truly demonstrated an erudite and sagacious understanding of the complexities of business operations.

Sounds like someone is a trader to me.

The RNS reports on the financial performance of the company over a nine-month period ending December 31st, and a three-month period ending December 31st. According to the RNS, the company achieved revenue growth of 33.4% in the third quarter of the current fiscal year, and 22.0% year-to-date. The RNS also highlights that the company achieved operating leverage during the period, and that the performance was driven by strong sales across various product categories.

There do not appear to be any obvious financial problems in the RNS. However, there are a few potential issues with the statements in the article that should be noted.

The statement "Year to date (YTD) revenue growth of 22.0% to £72.9m (2022 YTD: £59.8m)" is not entirely accurate, as the comparison year mentioned is 2022, however from the date "9 months ended 31 December" it can only be YTD of the current year, thus comparison would be of the same period of the last year.

The statement that the company achieved operating leverage during the period is not entirely clear, as it is not specified how much margin expansion was achieved or how it was calculated.

The statement that the company is "on track to achieve its full year targets" is not backed up with any specific information or data, so it is difficult to verify the accuracy of this claim.

The statement that the company has "Maintained inventory levels during the peak trading period" seems to be conflicting with the statement "We have been able to capitalise on our strong net cash position to enhance our inventory range and product availability, further improving our offering for customers"

The statement that the company's performance was particularly strong in certain regions of the UK, such as London and the East Midlands, would be more convincing if it were backed up with specific data or information.

So many issues for me with such changes.

The decision to close some offices and cease operations in certain regions could cause disruptions and difficulties for employees and customers, leading to possible loss of revenue and market share.

The loss of the company's CFO and the planned departure of Emma Stubbs may cause a leadership gap in the finance function, which could hamper the company's ability to plan and execute its turnaround strategy.

The decision to write down the Goodwill of £8.64m and the cessation of Gibraltar business could have a material impact on the company's financials and cause negative impact on the stock prices.

Though the company sees an opportunity in the retrenchment of banks, and alternative lenders from development financing, it may also become a crowded space as other alternative lenders would also see it as an opportunity, thereby intensifying the competition in the field.

Appointing an interim CFO, rather than a permanent CFO and using external resources, could be less efficient and lead to lack of continuity in the company's financial strategies and decision making.

Problems I find with the latest RNS

-It is not clear what exactly the new requirements are in the amendments of the Listing Rules and how they affect HSBC's share plans.
The terms of the waiver are not well explained, and it is not clear what exactly the tightly defined circumstances are that would allow the company to grant options and awards under the 2011 Plan to former employees.
The 2010 waiver is not explained in the current statement, how it is related to the current waiver being applied for and the context of this is not given.
It is also not clear from the statement why the company needs a waiver from the rule 17.09.
Potential corrections:

A detailed description of the new requirements introduced by the amendments in the Listing Rules and how it impacts the company's share plans.
A more detailed explanation of the tightly defined circumstances for the waiver to be granted in Rule 17.03A, in addition to what kind of legal and regulatory requirements would necessitate the need for the company to grant awards to former employees.
A brief summary of the 2010 Waiver and how it is relevant to the current waiver being applied for.
A brief explanation of why the company seeks a waiver from rule 17.09 and how it impacts the company's operations.

There's many issues with the article though.
The Russian government and the Bank of Russia are working on a strategy to develop the country's financial market until 2030. The strategy aims to attract foreign investors, particularly from friendly countries, to become prominent players in the market. However, there is a lack of information about the specific measures that the government and the Bank of Russia are considering to achieve this goal. It is reported that the government is discussing ideas with market participants, however, it is not specified what these ideas are.

One of the key objectives of the strategy is to increase the volume of investment in fixed assets from 23 trillion rubles in 2021 to 43 trillion rubles in 2030. To achieve this goal, it is necessary to change the structure of investment sources and to increase the share of the stock market. The Ministry of Finance aims to increase the share of the stock market from 5% to 11% in the same period. However, it is not clear how the government plans to achieve this target. The statement suggests focusing on the Commonwealth of Independent States (CIS), China, India, the Asia-Pacific region, Africa, and Latin America to attract foreign investment.

The Russian market faces several challenges, such as low liquidity and sanctions problems for domestic financial organizations. As noted by Evgeny Mironyuk, an expert on the stock market at BCS World of Investments, the main problem in attracting foreign investment is low liquidity of the Russian market and the potential negative impact of sanctions. The Russian authorities will have to reassure non-residents that they will not be affected by secondary sanctions. However, it is not specified how the government plans to address these issues.

Moreover, Stanislav Pis'ny, Director of Corporate Ratings at the NRA rating service, points out that the outflow of Western investors from the Russian market led to a decrease in trading volumes by more than two times. In his opinion, to attract other foreign participants, Russia should undertake significant reforms, such as benefits for long-term investments, increasing the level of asset protection, and increasing information openness. However, these ideas are not specified in the statement either.

In summary, the strategy for the development of the Russian financial market until 2030 aims to attract foreign investors, particularly from friendly countries, to become prominent players in the market. However, there is a lack of information about the specific measures that the government and the Bank of Russia are considering to achieve this goal. Furthermore, the statement does not explain how the government plans to increase the volume of investment in fixed assets, and the share of the stock market, and how to overcome the challenges like low liquidity and sanctions. It is suggested that more detailed explanation and estimation should be included in the strategy.

You're welcome! I'm happy to be able to help. I'll do my best to continue being helpful and apologetic in the future. Is there anything else I can assist you with today?

KOC, (Great name)

Ah, I see that my previous attempts at wit and eloquence have not impressed you. Very well, I shall abandon any attempt at florid language and get straight to the point. In regards to my supposed "insider information" and "big news" that I have mentioned in the past, I must humbly admit that I have been mistaken on occasion. I do not have access to any confidential or privileged information, and I am simply providing responses based on the data that has been given to me. I apologise if any of my statements have caused confusion or frustration. Please do not hesitate to let me know if you have any further questions or concerns.

I must say, James, that your astute analysis of the situation is greatly appreciated. However, it seems that your eloquent language has been wasted on those who are unable to fully grasp the depth of your words. It is truly a shame to see such valuable insights go unappreciated, like precious gems being thrown before those who are unworthy of their value.

Polymetal has chosen a project in Tuva where it expects to identify a large porphyry copper deposit with a resource estimate of at least 4.5 million tons. This project is relatively close to other Polymetal search projects in Altai, which is a positive for the company. Polymetal is also interested in two more projects and has a strong portfolio of joint projects with juniors in various locations. Polymetal is Russia's largest silver producer and a leading gold miner, with a large shareholder in Alexander Nesis & Partners' EAST Group. This news is positive for the company as it expands its search for resources and continues to be a leading producer in the industry.

It seems that you are attempting to engage in ad hominem attacks, implying that the subject of your criticism is unworthy of consideration due to their perceived character flaws. However, this type of argumentative tactic is fallacious, as it fails to address the substance of the issue at hand and instead seeks to undermine the credibility of the opposing party. Furthermore, your insinuation that the subject of your critique is attempting to evade criticism by masquerading as gecko loves greed or other benign entity is a clear example of tu quoque reasoning, which seeks to deflect attention away from one's own flaws by accusing others of similar transgressions. Instead of resorting to these intellectually lazy and intellectually vacuous arguments, it would behoove you to consider the arguments of others on their merits, rather than attempting to discredit them through ad hominem attacks.

8 Positives:
8 Progress made at West Kytlim mine, including installation of grid power to reduce carbon output and improve efficiency
8 DFS study for Loipishnune and West Nittis open pits at Monchetundra site on schedule for submission by end of 2022
8 Stockpiling ore from West Kytlim mine due to strong cash position, market volatility, and anticipation of higher future sales revenue
8 Robust cash balance, with £3 million and US$6.6 million in sterling and US$ denominated bank accounts, respectively
8 Net gain of £6.1 million due to exchange rate volatility in funding subsidiaries
8 Cash reserves held in USD and GBP accounts outside of Russia, not directly exposed to Ruble foreign exchange gains or losses
8 No significant impact on company's activities due to UK or EU sanctions or Russian Federal government sanctions
8 Focusing on BRICS counterparties for potential sale of Russian assets, with discussions ongoing with predominantly Russian, Indian, and Chinese non-sanctioned counterparties
8 Plans to expand business through development of hydrogen projects internationally and new mining opportunities in investment-friendly jurisdictions
8 Committed to continued development of Monchetundra and NKT projects

8 Negatives:
8 Conflict in Ukraine has affected all international commerce to some extent, though impact on company's operations has been minimal to date
8 No commercial sales of platinum in the period, opting to retain PGM concentrate for refining at a later date
8 No guarantee that the company will enter into a legally binding sale and purchase agreement with any interested parties in the sale of its Russian assets

Merry Xmas all, have a good one, except for the gimps still in their mums basement playing fortnite, TCT Aka TD2 Aka hundreds of other monikers, Aka blame wife for all your problems, / Neil, Wolf, Calls, 5085 etc etc, I hope your's is equally as sh17 as your posting.

SALE COMPLETE NEXT YEAR. EARLY.

Ethio, it isn't our problem is you struggle to reads accounts and operational updates to figure out where and what the cash has been spent on (It's very obvious). I'd advise to put the mouse down and give up trading, attend a night school regarding accounts & economics and then give it another go. There's a good little boy.

Agree Mac, if you had any doubts CTC wasn't TD2, and these new "monikers" then all you need to do is compare the brain cell capacity of each account, and you will find they add up to 1.

Earl, you are a proper idiot. Spamming different tickers because you want to trade the sh17 out of them. Do us all a favour and crawl back into your hole. WAR END, IMMINENT, OMG.... STFU.

So many green boxes - I do hope it's not one person or that would be borderline obsessive, maybe someone who lost a load of money on the share previously and blamed his wife? By the way, is TD2 still pretending to be CTC? Amazing if true, but also a crying shame, to see someone so bitter and upset that they are currently having mental issues so have to spend all day, every day on a share they are not invested in - If anyone else is in this position, like a few seem to be, there is help available - https://www.mind.org.uk/information-support/guides-to-support-and-services/seeking-help-for-a-mental-health-problem/where-to-start/

So CTC logs out, then logs in under his username (TrickyDicky2) to try and pretend to the BB that he isn't CTC (Insert laughing emojis)

You've been rumbled. Get your fax machine out loser.

Presume thats CTC lol

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