Member Info for JohnNth

News coming out of Moscow on what may be the start of a delayed spring offensive is not good. So many lost lives and what for? Ukraine cannot win this war.

War experts say that an army trying to dislodge a well fortified defence needs to have 3 to 1 numerical advantage in fighting men and women. The death rates will be of similar ratio stacked against the attacking army. Ukraine doesnt have that. Even if they did, they cannot defeat Russia. Given Russian numerical advantage and the fact they are well dug-in defensively, it is reasonable to assume that Ukranian soldiers fighting on front lines will end up dead if they engaged in any attacks on Russians.

Time this madness was brought to an end. Ceasefire and peace talks is teh only way forward.

"Looks like they have amputated the Russian legs to save the body of Poly."

I agree, but did they have to go to this length given POLY is redomiciling to Kaz and forthcoming split within matter of months? Looks like Nesis may already have a buyer lined up once Russian business is separated from rest of POLY.

SP have not reacted well even though POLY Kaz contributes over 40% to the company profits.

If you fancy hallucinating you can have a Fox News version called

Tegsy and Maidit Advisory Ltd

Talk is all about asset valuation, but level of debt/creditor sum is as important. Surely the judge will be balancing one against the other.

CINE have been defaulting on debt since at least the past 12 months and not keeping up rent payments. Im sure defaulting on debt payments incurs penalties which added to rising interest rates doesnt make good reading.

It wouldnt surprise me if total creditor sum have not risen by at least another billion since 12 months ago, whilst the asset values have stayed frozen at best.

"there is also a reason the SP is not zero. Yet"

Silly comment really. I have never known sp to go zero with any other company before it got suspended, even though eventual fate is pretty much certain. I remember shares in INTU which was about 3p before suspension, and like CINE it was on life support for quite a while.

Redinjun...its blue sky where I am in Kingston on Thames.

Wow...beam me up Scottie!

Mookster keeping shareholders completely in the dark whilst he wheels and deals with only his own interests in mind.

Https://news.sky.com/story/australian-soldier-ben-roberts-smith-loses-war-crimes-defamation-case-as-judge-calls-actions-callous-and-inhumane-12894074

War criminal decorated and walking free in Australia. Will he face trial at the ICC?

I very much doubt it.

DO AS I SAY, NOT AS I DO

Redinjun...I have noticed you have a knack of bringing to fore relevant press releases from obscure parts of the world. Thank you for that.

Further, do you think we will finish substantially blueinjun?

"This might allow the company to exit bankruptcy as soon as July 2023. However, Cineworld reiterated that the process will not mean any recovery for its existing shareholders"

The mookster with his CFO Mr Cohen, located in some corner of Israel are working hard to salvage what they can for themselves once CINE goes into liquidation. They couldnt care less for rest of CINE holders...that is a given. IMO, the mookster will grab the CINE RoW business from liquidators for next to nothing.

RoW business is total CINE business except for US, UK and Ireland, countries where existing shareholders are based. Mookster knows he will be challenged if he buys any CINE bankrupt business in these countries.

Thanks Redinjun...very interesting. I think POLY is in good hands and looking forward to the journey.

"whatever is left of the old company which it appears will just be an empty shell."

Tegsy thinks theres part of CINE which is ringfenced, not included as collateral for loans and with full agreement of lenders. This will be left for shareholders and is worth a bit of money as well....crackers if you ask me!

ATB

I dont vote in general elections either. Doesnt stop me having a view.

I didnt vote despite wanting POLY to redomocile...not unusual.

"91% my rse!"

Bug-blue thinks there was a stich up in yesterdays vote. If only he bothered to read, only about 33% of total shareholders voted of whom 92% voted to redomicile.

Also note, ICT Group which is owned by Nesis and Co alone owns about 24% of the total float.

Woolfie...you forgot to mention the mookster working with his CFO Mr Cohen exploring all avenues as to how he can come out of all this losing the least or even make a bob or two...obviously at the expense of other shareholders.

I spoke to POLY IR about 2 weeks ago and they told me they have offered to reimburse brokers with costs incurred in issuing POLY certificates. It was my understanding that ii accepted the offer and were now issuing certs free of charge.

As for bug-blue, accusing POLY board of a stitch-up is the final straw...a very sore loser. Wouldnt surprise me if weve heard the last of him...trapped wind finally escaped.

Bug-blue...are you saying theres some kind of a vote rigging? I know the Big Orange across the pond believed in the same when he lost.