The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
'Digging money out of the ground' is exactly that . Just be careful guys as the only currency that the Russians have that is increasing value is physical gold. They will use every excuse they can to get their hands on that to keep their war machine going.
It's cheap for a reason. All the rubbish I read on here about MMs is complete rubbish. MMs job is to create trade, that is where there income is made, not by 'getting a company or your shares on the cheap'
Good luck if your gamble pays off but it is just that. If you think the reward v risk is worth it. You 'pays your money'.....
@ Wress
Zelensky is putting lives at risk and costing them'
So you would prefer to profit from your investment and ignore an invasion of another country that thinks its all part of the norm to bomb civilians? This mess is squarely at Russia's door and nobody else. You should feel ashamed.
Sam Armstrong, of foreign affairs think-tank the Henry Jackson Society, said: ‘The FCA have dragged their feet on this issue for too long.
'It is neither morally right not prudentially responsible to allow the trading of shares of firms so closely tied to the Russian state.
'Evraz is inextricably linked to a sanctioned oligarch and a failure to act would demonstrate that regulators simply lack the powers or wherewithal to defend the UK’s national interests.’
Extract from the Mirror article.
Evraz suspended. Article in the daily Mail criticising slow reaction not to suspend other Russian companies including POLY and POG.
Clintek
I’m sure you know the risks and tempted by the massive re rate should ‘normality’ return.
However, that now looks less likely as this Russian invasion unfolds. There does seem a policy of reversing the last 30 years and that would mean assets being returned to the state.
Gold is the perfect resource to convert to money in the ‘black market’ so any risk is heavily weighted against potential reward.
A lot of Pi’s have taken positions in Russian assets whilst the institutions slip quietly away.
My post will have no bearing on the direction of the sp but just trying to add a little balance to your opinion that this will go up 5 fold.
2hits
I guess with today’s RNS any questions investors have or current updates will be in the presentation.
In fairness many investors will be reviewing their pf on a day to day basis depending on the news.
I think many private investors are moving money around. Robbing Peter to pay Paul.
Seen it before in 2009 but great opportunity to make money if and when the Russian invasion has resolved itself.
Seems poor taste’ to talk about profit or loss when so many people have had their future stolen.
Everything is such a mess at the moment and difficult to see the positives.
I hope Ukraine see sense and stop it.instead of trying to pull nato into this no fly zone'
Wow really? What on earth do you expect them to do other than try and put pressure on Putin. Like the UK didn't do when Churchill tried dragging the US into the European war.
They are attacking others as mean of diverting attention...sad, very sad.
ATB'
Falky it's because you are a kn08. I do not hold any shares in any company at this moment in time. Yet you seem to be mocking investors here that bought above today's opening price and were probably buying when you were having another turrets moment spouting 64p
You have no shame!
I see Falky has taken the black horse to the abattoir. Don't tell me, sitting on cash now, not lost any money but eating into profits. WW3 has already started..... sp may test new lows. blah blah blah.
Good luck with your entry price Falky. Sad thing is, you cannot keep away from Lloy as it's probably the only bb that will give you the space to spout your nonsense.
Snaffle
I think the sp is indicative if the risks in the commercial viability. If not then out NC would be significantly higher.
They did tweet a couple of weeks ago of a drill that produced lithium at a grade that would be suitable for batteries ( from memory) but failed to announce it via a RNS.
In view of that and nothing official we are left guessing.
Totally agree. Fuel and pressure on income will affect demand. Room rates in Europe should be more competitive though and increase margins.
Know a few hoteliers in Cyprus and due to the Russians being unable to travel there are a lot of occupancy available.
Constant negativity in the news will weigh heavily on the majority of shares.
Sitting on my hands for now as many investors will be moving cash around to cover losses elsewhere.
Not a shareholder , but if a foreign owned company is nationalised then it would be a very stupid decision. Russia need foreign investment and any move to nationalise will sideline them further. Their currency will be worthless. Their ability to raise funds will be cut off.
I’m guessing Putin us that deluded that he thinks normality will return once Ukraine is under their control.
B1cey
As I posted yesterday, those that did sell yesterday afternoon may have bought in again today and significantly reduced their original average. That would make them smart if this sell off ends.
Just saying…
7and28
A ‘sea of blue’ is not indicative of which direction the sp is heading. More likely to suggest that there is a seller meeting that demand.
When the seller(s) finish offloading we will see a reversal.
Fwiw, although watching from the sidelines if POG survives this mess that Putin has created this potentially could be those one in a lifetime investments. PoG rising in a world economy that is under massively increasing inflation. That fundamental will imo see new highs since the last placing. New investors are gambling on Russia seeing sense and reversing this madness.
What does it matter whether or not you are a shareholder here. I will post my opinion, like yesterday. This is a public chat forum which encourages members views to help other investors. Quite ironic with what’s going on in Russia that only comments supporting a buy position or hold is acceptable.