Member Info for Elguiri

The drone ‘attack’ on the Kremlin was not an assassination attempt, it was a war horn. To sound the beginning on the Ukraine offensive.
Im not going to bother predicting it’s outcome although I have expressed my opinion on the course of 2023 on this board previously. All I will say, is that as a Poly investor, I will be watching eagerly.

Good things come to those that wait.

https://youtu.be/tf47teVn6ZI

The whole question of selling out your ISA/SIPP before you lose the facility to hold Poly shares with them is an interesting one.

Any announcement of a re-listing accompanied by news that a GDR was not tenable will obviously be announced in advance. Do people think that the retail holding is so significant that this will have a material bearing on the SP? I personally don’t see the motive for losing the tax wrapper benefits until the final nail is in the coffin but I would be interested in an opposing view?!

Back up the rollercoaster we go… maybe one of these times there won’t be a big gut wrenching drop when we get to the top?!

I’ve gone through the full range of emotions with this share, from elation to despair. I’m holding on despite my better judgement, I can’t escape the feeling that Nesis knows what he’s doing and this is going to explode upwards at some point. Any profits here will be well earned!

I remain hopeful

So looks like redomicile and then sale of Russian assets is on the cards. Holding this share is a rollercoaster!

Keep calm and carry on holding

While Poly itself is not sanctioned, Russian Gold is, Russian banks are, and company operations based on Russian assets of foreign (unfriendly jurisdictions) companies are severely restricted. Hence the re-domicile.

I’m one of the biggest Poly fanboys on here, but it’s not quite as simple as to say, Poly is not sanctioned.

Clear as mud

Since Nesis announced the death of the cat last month, the damn thing won’t stay down. In fact, since the terminal pronouncements, the thing remains 33% bouncier than 6 months ago, when the prospect of the animal’s fateful demise was still very much a known unknown.
I’m no vet, but something smells fishy to me.

Very different thing to talk about purchases with a view to holding, while also contributing posts that discuss long term outlook.
What gets my goat is, look how clever I am, I bought at x and sold for y.

I haven’t sold a dime apart from when I idiotically put a stop loss in. Lost about 1,000 shares on that 1.
Never gonna change the stupid narratives on this sight but somehow I keep coming back.

All of you that are boasting about trades:

No one cares which horse you are backing at the 3.15 at Epsom, and no one cares about your top slicing or your buy/sell prices.

On reflection, I think a lot of investors were in denial about the split. The day before the Q4 update, I posted about the split and almost all the answers intimated that they didn’t think/hope the split would happen.
The split was well signposted and pretty much inevitable, the recent drop was just a miscompare with people’s perception vs reality.
I put in another £10k while it was £3+, so won’t be adding more, but the current trajectory of the company is exactly as expected when I added. I’ll continue to hold for gold.
This stock should be a case study for beginner investors, dyor, form your own opinions and remember that everyone invests for different reasons. If you are a LTH, don’t be swayed by the noise.

I’m not currently buying, but I think the answer to your question is long term dividends. Whether it’s expecting or hoping, is up for debate.
I’m eternal optimist so continue to hold :)

Poly! /)

Positives: I’m in Aspen, I’m 3/4’s cut and I’m buying more apply on Tuesday. Whey!!

Just hoping it stays below 250 until pay day

For those of us that have been here a while, this SP is nothing new. Everyone is entitled to their own opinion, mine is that the board have always been very honest and transparent. I’m gonna keep these in my back pocket, will try not to log on here everyday and stop looking at the SP every hour.

Will be back when there’s something to actually talk about.

I’m more bullish on Poly than anyone but the problem with the idea that we can just vote against the redom and pretend yesterday never happened is this:

Nesis stated several times that there was a fatal threat from to Poly if the current structure remained in place and the redom and split was the only way to ensure survival.
Even if you buy into the conspiracy theory (which I don’t) that the BOD are trying to push out us UK investors for their own interests, it is not tenable to be invested in such a company, especially as a PI.
So taking Nesis and co at face value, that the restructure is to ensure the long term sustainability of the company, it would be pretty damn foolish to vote against them.

So if you wish to remain invested here and believe in the long term value of the company then there is no other option but to put your faith in the board. The reason that this dropped in the first place was the uncertainty of what might happen. We now have a clear picture of what will probably happen, so make your judgments based on that. For me personally, I believe that the company will fight its way out of this muddle and we will get major returns and dividends in a 3-5 year timescale.

Poly K will pick up some more debt building a POX facility but will almost certainly become a profitable, dividend generating company.
Poly R will also be safe as it it will be a Russian entity with no western exposure, in the short term we may not be able to buy/sell or receive dividends but that situation will not last forever.

We have little choice other than to believe in the process, gold out of the ground and money in the bank is what I’m interested in here the rest is just short term noise.