Member Info for Legin252

Hitting mainstream media now, BBC are reporting that talks have progressed and it looks like documents are being prepared for signing this week.
Apologies if already posted.
In all honesty I am not too bothered about forecasting prices this week, it’s difficult to call anyway, but it will be up.

Rest assured, for those that have patience and can hold a share for longer then a few weeks, it will recover.

GLA

Pray for peace

Don’t feed the trolls…!!

This is being proposed by US and could be announced today which then opens the door to more trade sanctions, restrictions to financial markets.

Whether this impacts the likes of POLY or EVR is impossible to tell until details become clear, and no doubt POLY have it covered in their contingency planning.

Watch this space at the moment.

I am just praying for peace more than anything, the conflict and aggression from Putin is getting worse by the day, if not hour.

GLA

CraigL
Absolutely nobody can predict the future, but some are astute then others, eg According to you Roman A has already been paid his multi million pound dividend, which proves my point.

Thankfully POLY have consideration to the risks and various scenarios that may occur and have undertaken contingency planning, and remain agile to the on going developments. Exactly what I would expect from a high profile business.

As I have said, fear comes from misunderstanding.

I am not seeing any evidence of naivety from the business in this regard, in fact quite the opposite, they are wise to the criteria of potential sanctions, keeping track of any updates to said sanctions, and this is from U.K. and Russia.

Can only go by the evidence publicised through official communications and at the moment the business operates as normal, and they do not believe sanctions will impact on that status, but contingency planning continues.

I would not therefore concur that any of the situations titled are imminent or likely. They simply remain a risk as they are updated.

With regard EVR suspension, you need to fully understand the reasons for the suspension.

The suspension is a protection mechanism, your shares are safe, and the RNS from EVR outlining their position is reassuring.

Once it comes out of suspension it will rocket.

No doubt that will have a positive impact on POLY too.

Fear is coming from a lack of understanding.

Why would POLY stay listed on LSE.?

Read their latest annual report and do some research in to this business, the principles it upholds, the values and respect it has for the environment, the policies it has for serving its employers well, the communities they work with, financial discipline, quality audits, the list goes on.

Much the same as EVR, this is a top top business, run exceptionally well, which is why it’s share price was up around £17-18 last year, and why exceptionally dividends are paid out.

The LSE is a marque exchange that goes hand in hand with the principles of this business, and helps attract leading global investment institutes, which is enhancing to the business brand.

The geopolitical turbulence will naturally cause challenges, but you don’t remove yourself from the very stock exchange that has made you what you are, and will continue to do so.

Can you clarify your belief that the main purchaser of POLY bullion in Russia is the CBR.

To my knowledge this is not the case, but the price of domestic bullion is being enhanced by the fact the CBR have just started buying bullion again, which spikes the domestic bullion price which is good news for the market.

POLY have also confirmed that they are ensuring sales channels are not susceptible to sanctions and normal sales markets in Asia are not affected.

Not withstanding it’s good to keep aware of any risks, I was just curious as to your post with the view that POLY sell direct to CBR, I may have missed it but I don’t believe they do.

Trading at $2.30 in states, equiv to £1.75, and moving up.

Hopefully a good sign for positive price action tomorrow, but almost impossible to predict at present.

There is nothing wrong with EVR.
Both EVR and POLY are excellent businesses and both will recover and reward anyone investing.

Being suspended was always a risk, but the message from the business is crystal clear. With that in mind, stay relaxed and just focus on the fundamentals, which are so strong and they are/were a leading FTSE global manufacturer.

The SP tanked because of the appalling invasion of Ukraine and potential Russia links which forced ii’s and others to remove holdings.

There is no reason why the business cannot continue as the entity it is in as confirmed by the RNS.

Your shares are safe, and as others have indicated, when it comes out of suspension it will fly and indeed it most likely will at first.

The FCA are there to protect shareholders, so again be reassured that this not a sinister process but it is just a process.

Be patient, relax, all will be well. It’s just a waiting game now.

Way too much panicking going on.

Just relax.

Great post then I looked at your username.

Midastouch - nail on the head.

Even if RA was sanctioned, he is just a shareholder and it would not constitute a suspension.

Nice try though.

Absolutely holding.
Penny flippers make a lot of noise as they want to influence people and price.
Stick with holding.
All will be well.

No probs Lodan, appreciated.

Of course you are Christo.

That’s why you were posting 2 days ago asking when the divi cut off date was because you didn’t have a scooby. And then you berate the BoD for not considering shareholders.!!!!

The facts are, the decision to cancel the divi was probably a very difficult one to make, but is the very shareholder interests that they have taken in to account in making that decision, to protect us from potential sanctions or bad publicity which could damage the brand by paying out huge divi sums to an oligarch (its already been in the papers)

But you being a long term holder would be right on the money with all this detail of course.!!!

Spot on Mr S

Perfect time to take an investment position that will probably never present itself again to the average joe investor.

Key to making the opportunity work for you is being locked and loaded before the recovery, before the horrible unfortunate was has ended, before ii’s and pension funds start investing again.

Sell and move on or wait to invest by all means. But you will miss this opportunity and will not have this opportunity again.

GLA

It’s not a ‘ruskie’ firm.