Member Info for JohnNth

bb...I have no doubt the UK US will use that to try stir conflict between the two. Britain is an expert at this; after all we built our empire on 'divide and rule' policy.

POLY at the current price is a once in a lifetime opportunity to make BIG money. Yes the risks are there but they are over-factored in imo. This investment can and will set lot of people up for life.

CINE or the shareholders are not calling teh shots. The lenders have all the cards and they can wind the company up anytime. The way that can happen is lenders call in the loans: CINE would not be able to pay that and would have to declare itself bankrupt

Emerald51...Lenders can put CINE into administration right now if they want to by just calling in the loans. They've not done that cos they fear they stand to get considerably less that way as assets will go under fire sale. They are giving CINE mgt to find a buyer where they can possibly get more; only way to do this is to maintain CINE as a going concern and trading, but that can only go on for so long. These lenders don't give a hoot if there's anything in any offers received for the shareholders; they will only look after they and themselves. Also remember, the lenders can hang the company anytime they choose to do so.

CINE holders think someone will come in and buy the company with huge debt and give them money on top for the shares. For those unaware, currently CINE's income isn't covering it's expenses; deficit is absolutely huge, and only way it keeps going is by not paying the debt holders which obviously increase each day passing by. As far as I'm aware, CINE have been negotiating with one party on another for ages to get itself out of a hole which is getting deeper and deeper. CINE's demise is a certainty and it's not that far away. CINE is dead but just not absolutely broke yet thanks to it's creditors who fear they'll get less if it is allowed to go bankrupt. If a buyer came forward where the lenders can recover sizeable proportion of their debt, then they'll force company's arm to sell it. IF and when this does happen, shareholders will not feature anywhere at all in the decision making. Lenders will take the hair cut but shareholders will be shaven clean right down to the scalp.

Let's face it everything about this company is right except the redom/GDR issue which is disproportionately impacting the sp. All things equal, this should be trading over £15. Fundamentals stack up but volatility will persist over coming days until at least preliminary results are announced next week. Great buying opportunity...........again.

Cruis1...if nobody wants it then CINE is well and truly f'd...simpel as that. Each day passes CINE is getting deeper and deeper in debt; Income isn't covering outgoings

Agree...bb's propensity to pedal lies knows no bounds!

As reagrsd Bakhmut, Ukraine knows they've lost the battle, and Russia knows that as well but will not devote resources to go for the kill. Bakhmut will be used by Ukranian authorities as a rallying call; their Alamo if you like, whilst Russians will treat as war of attrition. The battle will end when it ends and will end in Russia favour.
Russia instead will be focusing resources where there's a Ukraine build up for one final push before pressure for peace mounts in Autumn. By Autumn Ukraine have to demonstrate they can capture territory to continue getting aid from US/Europe and Russia knows that. Whilst the hearts in the governments may want that to happen, head is saying that is highly unlikely. Public opinion in the west is about even for and against with some countries like Poland heavily in support of sending aid to Ukraine whilst Italy overwhelmingly against. Most of these countries, including UK are diverting money set aside for foreign aid to help Ukraine; the money that really should be going to poorer countries. I wonder what the reaction would be if we all had to shell out few quid a month to help Ukraine?

Actually divis paid for 2020 was $635m and debt as at end of 2021 stood at $1.65bn. there's lot of spare cash piling up and we will know more about it next week.

For 2020 POLY paid $481m in divis and $67m in debt interest. Gold prices have held to 2020 levels since and production and sales is normal. No divis paid for 2021 and 2022 so one can 'assume' there's an extra $900m knocking about somewhere IF not spent on capital expenditure in Russia which we've been led to believe have been accelarated.
Does this make sense?

I can foresee all the die hard rampers on this bb disappearing like a fart in the wind when the ultimate happens; which is not far-off.

@Tegop...I recommend you watch this video

https://www.youtube.com/watch?v=uIty7vFwVYM

Very soon, CINE mgt will have to make a decision. UK Company Law states it is ilegal "The company must cease trading during insolvency, otherwise it is deemed as improper and wrongful. If the appointed liquidator discovers signs of wrongful trading in their investigations, the company directors will be prosecuted."
Not sure if talks alone on a potential takeover would be enough to provide green light to mgt to continue trading. CINE could switch off anytime and without a warning.

Sorry I meant November 2021..............

Thanks Sagacity; finding a Kaz broker is a work-in-progress but should be doable as some brokers already serve EU clients. Further I do have an issue with valuation you ahve supplied especially now that POLY have witheld 2 years worth of divis, gold is still trading at near record levels and the company have said the production is at near normal levels. When the conflict started simmering in November 2019, the price was around £15 so I find the new £8.52 way off the mark, though significantly higher than teh current £2.30.

"CINE need 5 more years to get over COVID 19 LIKE EVERYONE ELSE."
CINE was declining fast and started going down the gurglar full one year before Covid. Think you should look at charts before making such foolish comments.

IF and when the company splits, according to Finam, Russian business alone could be worth £8.60; probably the Kaz business could be worth nearly the same, giving combined value in excess of 15 quid a share. Have I got this right?
I accept there's lot of ifs and buts...........

@Sagacity...Thanks for the update.

In bb's world, you get the truth on Ukraine war from the paper titled "New Voice of Ukraine". He should get out more and expand reading to include Asian, African, mid east and South American news channels and then make judgement calls.