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The market is signalling to the BOD to pull your finger out and do something otherwise your SP will turn into a pumpkin. Uncertainty is killing the stock.
Customer Relations and the BOD
Possible suspension on the LSE and in the US.
To be honest, prior to this invasion the BOD should have had in place contingency plans, they were caught with their pants round their ankles. To sit on a board of directors, and see your share price plummet by 90%, well to be honest they should have all been removed immediately. It is totally embarrassing, as like today’s share price; to sit on a board and see your market cap equal half years earnings, is really embarrassing. With no action apart from a few squeaks like “we may split the company”, and we will review the dividend policy come August. The market does not like these noises; they come across as disorganised chaos.
At the beginning they would release an RNS stating all is well, the dividend will be paid, the money is sat in the bank ready to be paid. The long term investors who bought in with good faith at £12, £13, £14, £15 or more thought okay, we will stay loyal, they will honour the dividend. Only then to be told that it will be suspended under discussion, using some lame excuse that the holders of MOEX shares could not be paid in full. Hence 80% of the shareholders are positioned on the LSE, so could be paid.
The split noise disappears, loyal holders do not sell at 400p, the profit brigade sell out, the dividend gets cancelled, and the share price falls back 212p to where we are today. Possible suspension on the horizon, money locked in for how long?
What a cluster f*ck, the BOD should hold their heads in shame, they have royally f**ked the long term shareholders, they are up to 80% down on their capital investment, and have lost their dividend, not the interim the dividend, the main dividend. Will it get paid this year, will they claw back their 80% lost capital, gawd knows. But from what we are seeing in the markets, confidence is not being mirrored in this share price.
I joined this party late, sub 160p, but I feel for the long term holders in here, because their interests have not been very well looked after.
Felt like this for a while now, but, well seeing today’s price action, I wonder if there is anyway back for this company now.
They look like a drifting boat with no anchor...
They really need to do an RNS, split the company asap; pay the dividend, and make some positive noises to move this share price.
I have sat on boards, it's your job to protect shareholders, not ass whip them. It's like some BDSM horror movie watching this SP.
POYYF and AUCOY appear to have been reclassified as Russian Related Securities can no longer be purchased on Schwab effective 6/15/22.
Yahoo Finance
LSE next me thinks. The company really need to get ahead of all this.
The Bod are a shambles.
StonkyKong chatted with TD and they said it was the MarketMakers who suspended it. TD said it was not sanctioned. That means it was all Virtue signalling.
I've heard AUCOY is still tradeable. Will go verify right now.
AUCOY is the ADR, still trading at $2.81 down 3.77%, nothing new there then.
POYYF is Poly the real deal, $2.70 NO TRADING, Looks suspended to me. Ouch.
Which one is the ADR, my bet it is the one which is suspended.
I've had two from them, and they state they do not give financial advice.
They probably have something in the region of five million Poly shares held in a nominee account for all registered users. I bet they have a huge allocation. Just ignore there bull****. All brokers are ****ing in the same pot and not the one with PI's interest at heart I can tell you that.
One hours trading and **** poor volume at 22,946.
Think we might be going deep down below 200p before any updates. Hell knows why on such thin volume and no leveraged sellers in here. But at least if like me you have plenty of dry powder, scoop them up, anything under 200p is a steal, as it was 400p on talk of a split and no lost auditor.
Gook luck all, opportunities like this one present them selves once in a lifetime.
90 Minutes of trading, 41 trades, 37k volume, we are as good as private now.
No one is selling, but no buyers either.
Time Price Volume Value Buy/Sell Type
09:06 234.19p 80 £187 Buy O
09:02 233.26p 103 £240 Sell O
08:59 233.26p 32 £75 Sell O
08:59 234.19p 500 £1,171 Buy O
08:57 233.26p 1,028 £2,398 Sell O
08:53 233.26p 560 £1,306 Sell O
08:46 234.21p 50 £117 Buy O
08:44 234.21p 423 £991 Buy O
08:44 234.21p 250 £586 Buy O
08:40 234.21p 341 £799 Buy O
08:36 234.21p 277 £649 Buy O
08:35 234.21p 3,000 £7,026 Buy O
08:33 233.24p 4,291 £10,008 Sell O
08:32 234.21p 3,000 £7,026 Buy O
08:29 233.24p 400 £933 Sell O
08:26 233.24p 1,000 £2,332 Sell O
08:18 233.15p 1,645 £3,835 Sell O
08:18 234.20p 175 £410 Buy O
08:17 234.57p 1,529 £3,587 Buy O
08:12 234.67p 400 £939 Buy O
08:11 233.21p 176 £410 Sell O
08:11 233.21p 300 £700 Sell O
08:09 233.19p 441 £1,028 Sell O
08:08 233.10p 1 £2 Sell O
08:07 234.81p 500 £1,174 Buy O
08:06 234.80p 6,599 £15,495 Buy O
08:06 234.80p 788 £1,850 Buy O
08:06 234.80p 4,258 £9,998 Buy O
08:05 233.19p 1,321 £3,080 Sell O
08:02 233.20p 200 £466 Sell O
08:02 234.90p 101 £237 Buy O
08:01 234.90p 421 £989 Buy O
08:00 233.00p 1,083 £2,523 Sell AT
08:00 233.00p 1,510 £3,518 Sell AT
08:00 234.90p 210 £493 Buy O
08:00 234.90p 39 £92 Buy O
08:00 233.00p 3 £7 Sell UT
The spike was a bunch of AT's hitting the buy button. Not many recently, they will move this either way.
My god the clever people are up and about. Heavy night on the sniff?
You do realize that you can read these forums without the requirement to register. You would only register to post, like I said I did not need to post only read this time last year. Try and keep up for god sake your slowing the class down.
BB, you know far to much about the mechanics of these trading platforms, to be just a simple PI sat at home. Come on fella, tell us all, who you working for, what's your agenda. You and me both know, when this goes, it will fly. Like you said a while back, and I have reiterated, this will be in and out of auction, PI's will not stand a chance, locked out; you could see this double in a day, triple in a week. It's why it is sat here, just waiting to be lit, like a rocket at a firework show.
I used to read this forum this time last year, never posted as I did not own any shares, but I would keep an eye on posts mainly due to the dividend income and a well run company which interested me if gold looked to take off.
You would get two or three posts a week. I find it really odd now that all over each weekend some of you guys just post about the invasion. You got nothing better to do, surely their are war forums you can go and play on.
You must have an agenda just to put so much effort into posting about Russia and Putin.
If you think you are going to steer any genuine PI's investing in or out of here by posting stuff which is totally irrelevant to the actual companies day to day operations you must be delusional.
I actually stand bemused by the amount of time some of you guys spend on here, you must be being paid and work for a fund or investment house.
I have to admit, in all my time I have never seen a company valued metrics so disconnected to the market cap so SP.
But the powers that be have gone all out to kill the SP, I'm surprised the company have not either delisted voluntarily or gone private, or even a blatant takeover has been considered.
To ban buy's around the world by many brokers, to take the company out of all indexes, but just goes to show, what they are capable of, your money is not safe anywhere I am afraid.
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.
Look at todays trades, who buys and sells two or three shares? Something odd going on here.
09:15 238.05p 382 £909 Sell O
09:07 239.31p 1,321 £3,161 Buy O
09:07 239.31p 1,046 £2,503 Buy O
09:04 239.34p 500 £1,197 Buy O
08:59 238.05p 250 £595 Sell O
08:57 239.34p 1,000 £2,393 Buy O
08:54 238.05p 10 £24 Sell O
08:54 239.35p 30 £72 Buy O
08:53 238.05p 4,230 £10,070 Sell O
08:52 239.49p 412 £987 Buy O
08:49 238.05p 410 £976 Sell O
08:49 239.49p 2,714 £6,500 Buy O
08:49 239.50p 1,252 £2,998 Buy O
08:43 238.05p 3,000 £7,142 Sell O
08:37 239.55p 206 £494 Buy O
08:37 238.05p 83 £198 Sell O
08:34 238.05p 150 £357 Sell O
08:33 239.55p 500 £1,198 Buy O
08:32 238.06p 223 £531 Sell O
08:32 239.78p 8,509 £20,403 Buy O
08:31 238.06p 1,262 £3,004 Sell O
08:30 239.78p 375 £899 Buy O
08:29 239.79p 750 £1,798 Buy O
08:28 238.00p 250 £595 Sell AT
08:27 238.08p 357 £850 Sell O
08:27 238.42p 10,925 £26,047 Sell O
08:25 241.10p 825 £1,989 Buy O
08:24 238.15p 7 £17 Sell O
08:23 238.15p 12 £29 Sell O
08:23 238.00p 4 £10 Sell O
08:23 246.10p 2,000 £4,922 Buy AT
08:23 238.21p 51 £122 Sell O
08:22 238.20p 10 £24 Sell O
08:21 238.21p 507 £1,208 Sell O
08:21 238.20p 2 £5 Sell O
08:20 238.20p 15 £36 Sell O
08:20 243.08p 406 £987 Buy O
08:18 238.21p 800 £1,906 Sell O
08:16 244.87p 538 £1,317 Buy O
08:15 244.87p 158 £387 Buy O
08:14 238.00p 96 £228 Sell O
08:13 238.00p 8 £19 Sell O
08:12 244.96p 301 £737 Buy O
08:12 238.00p 5,988 £14,252 Sell O
08:12 244.96p 2,041 £5,000 Buy O
08:12 244.96p 4,082 £9,999 Buy O
08:12 238.00p 10 £24 Sell O
08:11 238.00p 3 £7 Sell O
08:11 238.01p 1,000 £2,380 Sell O
08:11 244.95p 403 £987 Buy O
It'll be what it will be, it fell in days, when will it rise again, when, no one knows Pete, you could awake tomorrow to a whole new SP range. But I think your timeline is worse case scenario, very worst case in fact. The volume tells a story, those who are in are not selling, the MM's are keeping a tight lid on day trading via the spread. I always look at the ASK, gives me an idea of what the seller is willing to accept, in our case via over the counter what the MM's want you to pay for their shares via a trade. They want 240p to offload one of their shares to us retail. You only have to look at the companies metrics, the daily volumes, the dividends which are due at anytime. I am not a big holder in here, but I do like the company and I see it as like owing a share in a private company paying me a 30% plus yield. If she goes below 200p again I will buy more, I just do not want to lift my average above 150p just in case things really do go nuclear. But yes if you are holding from ~1500p, it must be painful if you have not averaged down in here.
Well you can short and sell on the MOEX as of this morning and dear old Polly is holding up at 577.4 Rubles, long term I’d say around 100 rubles to the pound, so quite away from where we are. At current exchange rate its 745p. Volume is embarrassing to be fair, I know it’s a long bank holiday, but if we see good news over the weekend I would not want to be chasing in and out of auction on Monday. Volume 60k after 90 minutes of trade.
Largest trades are low also. A lot of sells, PI’S handing their wealth to the MM’s for packaging up in to nice fat trades for the big boy’s.
09:06 237.00p 16,371 £38,799 Unknown O
08:23 240.69p 10,381 £24,986 Sell O
08:17 237.83p 8,565 £20,370 Sell O
08:16 236.20p 5,000 £11,810 Sell O
08:07 237.76p 3,865 £9,189 Sell O
08:26 237.21p 3,390 £8,041 Sell O
08:10 237.82p 2,105 £5,006 Sell O
08:00 244.13p 2,048 £5,000 Sell O
08:28 237.21p 1,478 £3,506 Sell O
08:46 235.58p 1,000 £2,356 Sell O
08:02 236.65p 927 £2,194 Sell O
08:38 237.21p 878 £2,083 Sell O
08:04 236.65p 848 £2,007 Sell O
No AT trades today, the little boys (PI's) handing over their shares to the MM's via OT trades; then the MM's packaging them all up to settle a nice big fat order at 230p for a fund or II. My bet is as soon as the transition is complete, .i.e. the ratio of the 234 million LSE free float is in the hands of the II's, and the PI's have more or less given up we might see some good news, then a gentle uplift. Seen it before, and it will happen here.
Tells a story. Look at the last few weeks trading history, I think you can see why we are where we are....Lots of O trades going through the market makers. Not much going through the book.
The book is SETS, the Stock Exchange Transaction System. Those with access (mostly institutions but also professional traders and increasingly ordinary investors) post their orders to buy and sell. The trades are shown in reports as 'AT' trades distinct from the 'O' trades of ordinary retail investors who deal through market makers.
In brief it relies on buyers and sellers placing their respective bids and offers on the two sides of the book. The highest bids and the lowest offers effectively set the spread within or at which ordinary punters deal (the 'O' trades).
Those with access can trade either side of the book, e.g. if I am a buyer I could either enter my buy order on the bid side and hope that someone will sell to me at that price or I can take the offer. Trades are time stamped so if there are multiple order at the same price, the earlier placed orders are taken first.
By the way brilliant posts Sagacity, well worth the visit to this BB.
Sagacity
There is only 234.98 Million Shares in Freefloat on the LSE
473.63 million shares
ICT HOLDINGS 23.9% = 113.2 Million Shares
Blackrock 10% = 47.36 Million Shares
Fodina B.V. 3.3% = 15.63 Million Shares
MOX Registered ~21% of Freefloat
So (473.63-(113.2+47.36+15.63) = 297.44 Million Shares in Freefloat
Minus Moex registered = 234.98 Million Shares in Freefloat on the LSE
473.63 million shares
ICT HOLDINGS 23.9% = 113.2 Million Shares
Blackrock 10% = 47.36 Million Shares
Fodina B.V. 3.3% = 15.63 Million Shares
MOX Registered ~21% of Freefloat
So (473.63-(113.2+47.36+15.63) = 297.44 Million Shares in Freefloat
Minus Moex registered = 234.98 Million Shares in Freefloat on the LSE
So the Mkt Cap in Sterling Freefloat on the LSE at 230p is....
Drum Roll,......................£ 540.45 Million Pounds Sterling, compared to Qtr Revenue I think we can safely say the Sp ain’t a Harrods price, more a yellow sticker price.
So if you own anywhere around 240k shares then you own 0.1% of the freefloat on the LSE. For a 5 billion pound company with revenue exceeding two billion a year.
This time next year Rodders, I'm still waiting for 226p. Nearly there, maybe tomorrow?
GLA, stay long be strong.