Member Info for EasiWynns

"Different spins on the same story , I got mine from a reasonably balanced telegram channel that seems to report both sides of conflict."

"Reasonably balanced", but factually incorrect?
https://www.reuters.com/world/europe/belgium-hit-by-protests-over-cost-living-spike-2022-06-20/

UK real time electricity fuel mix:
https://electricityinfo.org/real-time-british-electricity-supply/

Unsurprisingly, on a day like today, wind is a lowly 4% or so of the total, with most being generated from natural gas and a fifth or so from nuclear.
On Friday, 21st May 2021, it was reported [Guardian] that gales between 2am and 3am meant wind was contributing 62.5% to Britain’s electricity mix - might still be a record, not sure. Trouble is most of the wind potential goes to waste as it can't be stored - that's another problem that still needs to be sorted in order to transition away from fossil fuels.

"We live in a free society, nothing to stop any international investor opening a trading account here or in the USA or vice versa."

I doubt that most UK investment platforms would permit a US citizen to invest if they were also still resident in the US (no National Insurance Number, for a start).
This is partly due to the US rules that restrict what Americans can own, and also the US Foreign Account Tax Compliance Act (FATCA) that gives the IRS (Internal Revenue Service) an unobstructed view into the offshore financial accounts of American citizens, and would oblige the UK platforms to report transactions, etc., to the IRS. If platforms don't do this, they won't be able to accept US citizens. That's my understanding, anyway.

UK sanctions on Evraz:
https://www.gov.uk/government/news/russia-uk-sanctions-major-manufacturer-of-russian-steel

This is probably why Evraz suggest taking legal advice before attending the AGM, as the above states that "no UK citizen or company can do business with them", which is clearly open to interpretation of what that actually means and whether attending an AGM might fall foul of these rules.

If Boris says the earth isn't flat and the moon isn't made of cheese, you must get a bit anxious, knowing that because Boris said these things, by your definition the earth must be flat and the moon must be made of cheese.

Alicia42 - Yes, still much support for helping Ukraine defend itself, both in the UK and elsewhere. Also states (correctly in my view) that the war is not the only thing that's causing the nasty price rises in the UK and across the world.

"Russia annexed crimea, no lasting sanctions"
Sanctions have been in place on Russia for more than 8 years. These latest sanctions are the fourth round, according to this: https://en.wikipedia.org/wiki/International_sanctions_during_the_Russo-Ukrainian_War

Newdealz - From one big UK platform:
"We will actively monitor trading levels and may refuse at our discretion to accept your Investment instruction because of your trading history or if we believe your request may be disruptive. We discourage short term or excessively frequent trading in the Investments we make available through our platform as this can harm performance and increase costs."

If you are quoted during market opening hours then, yes, and individual trade.

big-blue - The price you were quoted by the third party (plus platform charges) was what you would have paid. I remember something about bulking the buys and sells in some situations, but need to look again to see what this was - or perhaps I've got it wrong!

My understanding is that HL, ii, etc., are platforms and not brokers. One I have more experience of would connect to a third party for individual quotes that gave a period of time to accept, but aggregate clients buys and sell for bulk deals. They were, I think, prohibited from holding the shares themselves and profiting from them.

I'm puzzled why there are buys at around 80p, with the last published NAV at about 43p.
Can any suggest why this might be?

"... sanctions are impacting the supply of automotive parts and so airbags, anti-lock braking systems and other safety features will no longer be required for Russian-produced cars" [Newsweek, today]

With one of the worst accident and death rates in Europe, this probably won't be helping these statistics.

"War in Ukraine didn’t cause the energy crisis, says Saudi Aramco chief Amin Nasser" [The Times UK headline]
https://www.thetimes.co.uk/article/war-in-ukraine-didnt-cause-the-energy-crisis-says-saudi-aramco-chief-amin-nasser-vmxdg06kw

He may be right or wrong, but he does appear to have said that.

The head of Saudi's Aramco, the largest oil producer in the world, said recently that the Ukraine war is not adversely affecting the oil price to the degree that many believe, or would like to believe - he claims systemic problems of under investment and post-Covid demand.

If he's right, the ending of the war likely won't reduce the oil price as much as some might expect, but then as we've seen, the oil price can be highly volatile (even negative, apparently), so who knows what its trajectory might be, war or no war.

Foor - "The Moex SP looks to have stabled now, you can short it and you are free to sell. So at 500 RUB; we can see the SP on the LSE, its acting in a way where big buys are a no no, and little sells keep her in the channel."

The discrepancy between the prices on MOEX and the LSE could easily be explained by the inability of foreigners to sell on MOEX, which I believe is still the case (?). Last year, 80% or so of all Russian free-float shares were held by foreigners - not sure about the numbers for Poly though, either then or now.

If selling were permitted, then perhaps the price on MOEX would be a fraction of what it currently is, and maybe even substantially below that on the LSE if many of the shareholders of Poly were foreigners (they'd surely run for the exit as fast as possible in the short term).

The LSE share price may be pricing in the risk (but perhaps not the long term opportunity), whereas the MOEX is more akin to the RUB exchange rate where the relevant markets are being manipulated by Russia and aren't functioning correctly.

MSCI's models for Russian stocks that link stocks and bond for credit-default swaps (CDS) suggest the Russian stocks may "essentially be worthless" in contrast to the prices listed n the Russian exchange, although they also noted that CDS might be distorted by the war itself, causing the model to fail:
https://www.cnbc.com/2022/05/27/russian-stocks-may-be-essentially-worthless-msci-research-suggests.html

chique - "There are also more and more countries limiting or refusing weapons to Ukraine for various reasons"

Which countries are these?

BB - That summarises my view. He only needs to "win" in his own pathetic little, imaginary world. I can also understand why Ukrainians get very annoyed by those that suggest they cede lands to gangsters and war criminals.

Pete640 - "Because of all the nutters and I mean nutters ... I am out for 2 months until either better news on Ukraine and peace talks or until a steam roller gets rid of all these ... nutters ..."

That was on 20th May. There have been no peace talks and the steam roller hasn't yet arrived - what happened to you?

investor6 - "Afganistan ... Biggest military defeat in history."

An interesting historical perspective on military defeats. I'm assuming you're not Russian, as they would likely have said it was defeating the Nazis. Do keep us updated with your own facts.