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I guess the increase in shares today are both because of the big drop yesterday but also because now the 4 areas of Ukraine are talking about referendums you suspect that is the new border Russia wants and our mines are not in there.

CMC markets

"Ahead of its upcoming earnings announcement, the analyst community seems optimistic on the outlook for the Polymetal share price.

A consensus among six analysts offering 12-month price targets for Polymetal, polled by the Financial Times, suggests a median target of 1,559.49p. This would exceed a sixfold increase on the latest close of 230p. Even the most pessimistic analysts expect the stock could gain 31.8%, to 303.14p, while the high estimate of 1,768.89p would represent an almost eightfold increase if realised."

Obviously people only listen to analysts when they agree with them but this does seen to have risk/reward that is skewed to the upside at these prices.

Personally I wouldn't be adding today as who knows how tomorrow is taken but should be a ride either way.
Gla

I agree, if you have a 5-10 year plus horizon you should make a lot of money with this stock.
I'm opening a position here this week, I think it is suffering from year on year comparisons and of course its revenue is off when copper prices have dropped. However copper price long term will only go up with the green energy revolution which no matter how many people want to hold on to oil and gas will happen globally and copper especially is going to have a massive supply to demand shortfall.

All IMO opinion though also the opinion of a lot I've been reading too.
GLA

Well this already a skittish share so surprised it didn't drop more.
How I read this is it's just an argument between shareholders so shouldn't affect our shares

"Under the 2002 deal, a 40.19% stake in the Ukrainian miner was sold to its former chief executive, Kostyantin Zhevago, and other parties. But four former shareholders launched legal action against the London-listed miner to invalidate the deal."

So they are after the 40% of shares that erer sold to someone else so either they get the shares for an agreed price or get cash from zhevago et al as compensation.

I don't see how this could have any effect on our shares though it's 40% so if they get the shares it could effect the board makeup.

Anyway seems to me it's just unknown and that's spooking market. I'll hold and if this goes near 100 I'll top up some more bit feel I don't have too big a percentage in here to mean I need to cut my losses.
Gla

Oh and Ferrexpo

Evraz,Anglo American and Glencore

Interesting from the FT an hour ago.
This might help break 230 if it is accurate

Indian prime minister Narendra Modi has told Russian president Vladimir Putin that now is “not an era of war”, in some of his most pointed public remarks yet about Russia’s invasion of Ukraine.

At a meeting between the Indian and Russian leaders in Uzbekistan on Friday, Putin publicly acknowledged New Delhi’s “concerns” about the conflict for the first time — a day after doing the same thing during an encounter with Chinese president Xi Jinping.

The exchanges at the Shanghai Cooperation Organisation gathering in Samarkand are Russia’s most public recognitions yet of the disquiet in Beijing and New Delhi about the implications of the Ukraine invasion.

Though Xi and Modi have both attempted to remain neutral on Ukraine, their strong ties with Russia are crucial to Putin’s attempt to show Moscow remains a major player on the world stage.

Putin’s new deference to Modi and Xi’s concerns about the war in Ukraine highlight how Moscow has become increasingly dependent on their willingness to buy its exports after western nations imposed sanctions on Russia.

“I know today’s era is not an era of war and we have talked to you many times over the phone on the subject,” Modi told Putin in remarks published by India’s foreign ministry. India’s prime minister added that democracy, diplomacy and dialogue kept the world together.

“I know your position on the conflict in Ukraine, your concerns that you constantly express,” said Putin, according to a Kremlin transcript. “We will do our best to stop this as soon as possible.”

hopefully, but hope is not the best way to invest.

if you look at share price over last 6 months, most of time it's been in the 230s so lots of resistance there but also should be lots of support should we get into the 40s.
Prob not a time to top up unitl seeing if this breaks up or down though longer term should be v. good price.

https://www.youtube.com/watch?v=saXpx59HipY

Maybe give YouTube a break for a few days

you're joking right?
It was killed off by companies outsourcing to far east to increase margins but sure blame normal people for not wanting to be slaves.
Good news for you Truss seems to agree with you that we should just work 90 hour weeks for less pay and close down public services will make britain great

you'd have to ask him but was he really 70 times more valuable a human then an average worker who esp if they are in retail, construction, or other sectors too work 6 sometimes 7 days a week just to try and survive?
How many of them die early? Answer is quite a lot which is why gov keeps raising retirement age so less people make it.
Your CEO 'chose' to work like this when he could have retired earlier, an average person 'has' to work like this.

The trick or the rich is to make the poor fight each other for crumbs instead of wonder where the rest is.
Whilst every politician, BoE, and most of the papers keep saying it's your civic duty not to get an inflation raise companies are busy raising their profit margins and managers are giving themselves 30-40% raises (not BT specific but general FTSE companies) so whilst I am invested quite heavily here (for me) I have zero problems with unions protecting the rights of the employee.
Very quickly the lie about creating a high wage society died

Finally some movement and in the right direction for a change

Unloved company, negatives pushed and positives ignored, 'boring' industry.
Sounds like just the place to find value in the market

Maybe AO or THG as they've fallen so much, I know THG have refused a few offers (so they've said)

BT if the Tories are asleep at the wheel still

Yeah I am still underwater and bet many many are too.
Have to look at it that at least can put the money I get back to better use esp with stocks well down at moment but still maybe there'll be a rival as this is indeed very low ball but just like blue robot and plenty other UK companies that get snapped up last few years

Good news indeed and it seems we have most (all?) our main clients tied in multiyear contracts so there's a 'base' income level (though if I understand right cost is aligned with how busy they are?) meaning we can focus on new business.

On top, the fact our clients are mainly in US which seems to have peaked inflation and seem likely to have a 'light' recession (2 quarters is a recession IMO, but also means the recession is in present and possibly past not the future as media would like to scare you as it's lagging indicator) I think we will avoid the pains of more Euro, and esp UK centric companies.