Member Info for OracleofOldham

Krok of $hit you are living in a different world.

Ukraine weren't backed after Crimea so had to accept. Now west have realised, like Hitler, if you give Putin an inch he'll just take more.

Even if you are pro Russian the idea that somehow magically Russia, and even Russia and China together can outmanufacture the US and Europe is for the birds.

Putin tried to cut and run with his fake elections for territories he didn't even fully occupy. US and Europe also want to make this a point to China not to mess with Taiwan.

The future here is at very very least it will go back to the previous status quo, and more likely Ukraine will take the 'invaded' regions of Donetsk and Luhansk and possibly also kick them out of Crimea.

Like 1st Gulf war the Russian border will be the end of the fight and already Russia is done as a miltary state so there is literally no future for them except as a Chinese vassal.

That is the risk Putin took by betting everything on the faith the West wouldn't unite.

To be fair the company is called Boohoo so what should investors expect?

Not like it's called Sunlit Uplands.

Anyway I'm averaged here at 140 and happy I have enough if it gets back to proper value to make a good profit but enough of my portfolio is doing well to carry this stock.

This and THG and AO have made me appreciate though that you buy smaller growth companies on the US market and stick to bluechips in the UK.

I don't see that ever changing TBH the only reason to buy a UK growth stock is on the understanding it might get snapped up by a foreign investor or company. Never that it will bring you a big profit from getting in early and multibagging.

Glad I learnt this fairly early with money I could afford either to lose so I haven't sunk enough into these stocks that it's running on my mind.

I hope Boo goes up back to where it should be but UK don't buy small companies and foreign esp US investors don't buy into foreign companies hence this messing around sub 100.

Seems a few people on here who may have lost a load of money in Evraz, Pog and Poly so want to try and share their sorrow.

Pity them but don't put any stock in their comments

It's a funny feeling watching your holdings go up and be thinking 'Damn it!' because you were just waiting for payday before topping up further.

Oh well, might get another chance :) but ok either way.

Actually in this case it's an adjective so shouldn't be capitalised.

Can't believe I've dropped to the level of discussing grammar on a chat board :( :{ at least it's on company time.

I see you've put it to work already, hence the share price jump :)

Thanks Gambiny, didn't know about it's use in Hydrogen.

On the old cars thing though, I doubt people, esp in secondary markets will care about fitting new cats, so good if there is already a possible new market.

Share price hasn't been this low in 26 years so would those 1997 figures really still be resistance?

That said, the price was in the 60s and 70s for a while in the late 1990s so if it's likely to stop anywhere it's probably around here.

Anyway I don't worry too much about charts as they are just for short term traders, this is a great price imo for this company and I'll be adding more as other dividend payments and ISA bonus come in.

I don't worry too much about catching the bottom, this is a profitable company and I see the drop as an overreaction to any company with a lot of debt whether they can pay the debt off or not (see miners and tobacco for eg)

Speaking of Platinum, I 'assume' the demand for it will start to increase in the coming years given it's main use is for catalytic converters and there is more and more movement to EVs?

Correct it is completely pointless having one, even more so for it to be an arbitrary number and not linked to GDP or similar.

Ah, Frost, the man made a lord for the Brexit agreement he immediately turned around admitted was rubbish and we never intended to honour.

Better value elsewhere I expect.

Just added some here myself.

Currently the market cap is below its intrinsic asset value , so any future growth you are getting for free.

Huh? Just take a look at rest of the market.

Until gov stop messing about talking about boats and BoE stop raising interest rates which does nothing when the thing pushing inflation is food the UK stocks will continue to drop whether their business is in the UK or not

I agree, that's why I've been building positions in here and Vodafone as both are going to get big advantages from 5g.

Seems to me as you mention with the financials these analysts don't seem to understand that the infrastructure only has to be rolled out once and then is an ongoing cash cow esp when other providers will have to rent bandwidth to use it.

They seem to just see the amount being spent now and assume this will be ongoing costs (or expect people to go around burning down masts again :O)

I'd like BT to have fallen back closer to a pound as didn't get to increase off this last drop but luckily Vodafone is having a sale.

Yes certainly sounds good news

The single place you can even find anything around this is yahoo posting that Russia are spreading false information.

I would expect if this was a real thing there would be some other news networks mentioning it so I expect it's just rubbish so the Polymetal board, at least the ridiculously pro-Russian ones can feel a bit better about their situation.

Weird how fast people seem to be to believe something posted only on telegram by a pro-Russian group.

A bid?

Even the current government surely won't allow such a critical infrastructure to be sold off to foreign owners.

That would be like selling the national grid, or the water companies, or the trains.. oh

When Evraz went 'off-line' HL offered to send my the certificates or just continue to hold with them, so it doesn't sound like you got the right info from them. Unless they just mean "At this time" but if/when it stops trading in London they may offer that option.

Sorry to see this drop for those still holding but at same time glad I cashed out last week.

pitty not when it was 350 a few months back but when I started buying in this was a rebound play as felt way overdone regards russian sanction issues and was happy to hold.

However the whole moving to Khaz has pushed the risk to reward too far in the risk category and with plenty of other undervalued stocks where the upside might not be as high or quick as this would be should the situation in UKraine or the move to Khaz not go through, the downside is much less sharp and less likely.

Good luck to the holders, Unlike some on here I won't be checking in much or posting (why would you if you aren't a holder or looking to become one?!?) but best of luck and hope you don't get wiped out.

whataboutery just means you are admitting to the faults blue is pointing out to you and just trying to change the conversation by pointing out other situations.
By saying non US/UK aggression then you are agreeing what Russia is doing is wrong but then trying to act like it should just be allowed because other bad things happened in the past too.

From the very high level view which is all any of us have despite who might pop up saying they have some special source, it was wrong to go into Libya, it was wrong to go into Afghanistan, it is definitely wrong NOT to be going into Yemen just because we are trying to be mates with Saudi Arabia.
It is also definitely wrong for Russia to be invading Ukraine, including back in 2014, it was wrong for Iraq to go into Kuwait, it was wrong for Germany to go into Czechoslovakia (and everywhere else!)
The whole point of the UN is to able to stop these things happening since WW2 so the UN should be in Ukraine now stopping this war as it should be in Yemen.

None of this of course has anything to do with the stock but thought I'd point out the fact you are all trying to say that Russia is doing bad but US, UK etc did bad things b4 means you lost the conversation so maybe just focus on something you know about not parrot lines from what you read or hear from a guy in khaki pants, wife beater vest and a baseball cap on youtube.

Sadly I doubt for many on here that they know anything about the Polymetal.