Member Info for mjc1963

Buy backs are great , but In these circumstances if Poly pays out the intended Dividend this will unleash massive buying. As the company is effectively saying "Business as Normal".

The Stock Market is apparently a forward looking barometer. The market sniff's out the weak and power's into the strong players.

I think POLY is too strong (at these prices) for the market to swerve. I expect huge Hedge Fund participation.

Once all the "Bottle Jobs" with no balls are out of the way , which ain't far away. Poly has a free run up to £5.00 per share. If the 52Cents , about 40p per share gets paid then this stock will lift off. Where else can you guarantee a 20%+ return on investment. Be Long , Stay Strong.

That's why you are clueless. Funds STILL dumping stock. If you were right that would have ended a week ago. However this large selling will continue for another 3 weeks. So as the Funds are obviously Still dumping - who is the idiot? You have NO CLUE on the mandate a fund operates on , and I can assure you that most work on a Tax Year to Tax year basis. Some adjust the balance of their funds quarterly, but one bad stock , would not be enough for them to alter their allocations. They hope the gainers have more than catered for the losers. Yes they have been told to offload POLY but it was NOT mandated to be an immediate liquidation. The funds will liquidate , no question , but the selling ain't over yet.

Sorry before the new tax year starts

Why - you knob. If they all SOLD on the same day the price would have been zero. They operate under the RULES of the fund. I can assure you (with 40 years of Financial Services background) , they don't have to liquidate until a NEW TAX YEAR STARTS.

Remember the Funds operate under a mandate , and are FORCED to sell. The average investor is NOT forced to sell, you have to make a decision on whether it is a sensible trade to take a loss when its possible this stock can turn on a sixpence. In the current environment its a tough call. However it seems more and more unlikely POLY will be kicked out of the LSE as each day passes. My gut tells me that this is a once in a lifetime buy at these prices. If I'm wrong I won't be retiring early. £36k pumped in and fingers crossed.

Funds that have to dump the stock will need to do so before the start of the tax year. That's 3 weeks away. In the meantime you can still expect to see large sell orders hitting the market. However once the new tax year hits , it will be a buyers only market. Yes the stock can get to 75p , but it will take off like a rocket after the 6th April 2022. It could rise very quickly as the sellers have all departed.

I'm surprised that MNG is not undertaken some of this new found business. If 2 million people have joined schemes in the past couple of years , even on Minimum wage , well over 3 Billion pounds extra per annum is flowing into the markets. Okay some will go into Bonds , but you would expect at least 60%+ would go into equities , and most of that would be UK Equities. There must be more Buyers now than ever before.

Well it seems lots of people have an access to a Crystal Ball on here on maybe they are mates with the Stygian Witches. I have neither but I bought 20 grands worth of Poly last week at an Average Price of £1.46. Will I be bothered if it goes to dust Yes of course nobody sets out to lose money. However this seems like an opportunity that it too good to miss. I expect this stock over £10 in less than 4 months. Good Luck to the Brave Holders , and f**k the shorts.

There's a difference , as Musk is South African - he is therefore someone who wants to bribed you. He also looks at everyone and thinks you can be my driver, cook or cleaner. That's what he grew up knowing. An Oligarch doesn't need your money anymore and don't really care if you can cook or clean.

A few years ago the Government made all Large and Small employees offer a pension scheme with guaranteed minimum payments. Eventually this money must flow into Fund Managers and its a never ending supply of capital , unless regulations change. Which I suspect to be highly unlikely. So out of no-where Billions of investment capital has appeared.

Companies like the "Peoples Pension" does not have the skill nor resources to manage hundreds if not billions of pounds.
Therefore all this NEW found Wealth has to be invested by professional outfits. Hence companies like MNG will start to see larger and sustainable inflows of capital into their funds. Over time the Government will force both the Employer and Employee to increase their payments. Money managers have a good future looking forward.

At the moment nobody knows if Poly will be delisted and us Holders will lose out big time. The major players have long since gone , when Poly left the FSTE 100. They may have not wanted to give up their positions but are/were forced to by the narrative of the funds they are running.
So here's the issue , if Poly turns to dust an awful lot of people will have lost an awful amount of money. On the flip side if Poly can escape and trade within 25% of its previous level. You have the ability to make 5 times your money , if not way way more, especially if the next Divi gets payed.
This is a nervous punt , one for the brave and maybe stupid. If it comes off , at these prices , maybe the best trade you've ever made. However you could get burnt , badly burnt in seconds.

No Spurs, but I was right about MNG , Hoping LGEN also bounces

Expecting Legal + General to announce 13pence per Share , and M&G 12.5pence per share.

No full year results should be announced tomorrow , will go EX Div a few weeks or so later

With high dividend stocks like MNG and LGEN now is a great time to load up. These stocks are unlikely to bounce back in the next 3 months so if you re-invest your dividends your going to get 25% more stock than a month or so ago. Eventually they will bounce back and your profits will be enhanced.

Yes Poly may find it difficult if not impossible to off-load its Gold onto its normal supply chain. However if it has to sell Gold below market rates , then I bet China will take every ounce. I wouldn't discount the Rich Arab Nations either. Yes it may have to offload at a 5% to 10% discount to spot , or near Futures Contract prices , but with an elevated price of Gold (which we have now) it will be selling Gold at a higher price than it would have predicted. This is a stock for the brave. Either a 10 bagger or you've lost the lot.

What factors do you recommend? The Value of Gold/Silver vs the Cost of mining the resources it has under license? That is the only way to value a Miner some would say. Or maybe its how good their trading team are in the Futures Market? Today alone there has been a $20+ swing in the spot price of Gold. Huge difference if you want to offload 100,000 ounces of Gold. If they play the Comex they could lose/gain $10million+ on a single trade. Fresnillo may well already have buyers in place at fixed prices , however they will swing with the commodity price. In truth nobody really knows how much or little they hedge against the Futures Market. At the end of the day , Gold and Silver will get harder to get out of the ground. Demand will only increase and profits will only go up. This is NOT a market for disruptive technology.

We may be at or close to Peak Gold , If we are then supply will fall over time. As India and China are starting to make a huge amount of people far , far richer, then demand for Gold will increase dramatically. Same for Silver if EV's become mainstream. Over the long run, companies like Fresnillo will become the Darlings of the Market. Far too cheap and could easily become a 5 bagger in a short space of time.

Already underwater as I already hold the stock at £8.80 , but just bought another £14,000 worth at £6.51. I'm expecting to sells these in under 2 weeks a make £1k. I'm now gonna trade this stock actively and get my average price down. Far too cheap at these levels. I've sat on a loss for far too long