Member Info for pipsjunky

ATrades...Ive got thick skin. :)

I have been observing in the background. What has been notable, is that any move on the LSE is preceded by a MOEX move, this will give investors a slight edge. News is leaking there first, be cautious to the downside and hop on any MOEX rise, seems sensible.

As long as the company can weather the storm, as a whole, it'll rise again. How long that will take is anyones guess.

Unfortunately gold miners are going to transformed into soldiers.

Former US Treasury Secretary Jack Lew’s warning in 2016 that “the more we condition the use of the dollar and our financial system on adherence to US foreign policy, the more the risk of migration to other currencies and other financial systems in the medium-term grows”

Weaponising a currency rather than boots on the ground, was only going to motivate countries to seek an alternative mechanism. Sanctions have put that process on steroids. It's not "if'' but "when".

The larger question should be, how much damage does that do to the status quo of hegemony....as a western investor. We've already seen significant contraction of stock and bond markets. Whist sleepy Joe Biden sows internal devision among Americans with one hand, the other steering the mother ship towards as many icebergs as possible on the foreign stage. This has handed the baton to emerging economies, by design or by stupidity...who knows.

One things for sure, the next twenty years will see a change in the world order. We should therefore be planting seeds now to see fruitful trees in the future.

https://www.cambridge.org/core/elements/can-brics-dedollarize-the-global-financial-system/0AEF98D2F232072409E9556620AE09B0

https://seekingalpha.com/symbol/GZPFY

Since his investment in February it'll be worth about a quarter of what it was, however this isn't a stock price investment its an OPEC tug of war between Saudi Arabi and Russia.

If you'd have followed the same smart move and invested in the same, at the same time, you'd be down 75-80%

Blue - ok thanks. So it's an emotional response to "murderous horror of Putin's folly" not fundamental or technical.

Thanks for clarifying.

Thank you blue - I couldn't have done a better job of making you look unstable and uninformed, great job, keep up the good work. I'll await you telling everyone that colonialism and imperialism was for the benefit of those being colonised and a reactive action. lol

Blue says "the filth and dirt of the Russian state terrorist action" whilst being on an investment BB for a Russian company, trying to invest....I think you might be a little inconsistent blue. MY feeling is...you haven't a pot to p*ss in, and just here to sow your seeds of uniformed information.

Have a great bank holiday Ray.

Blue - you are on a financial BB, this isn't the place for your moral posturing or emotion.

Should we not invest in anything English or American? I think when it comes to wars, you're on a losing argument. Definitely suffering from memory loss. Weapons of mass destruction anyone???

Blue the only thing toxic here, is you. Keep on parroting the media narrative, like the brainwashed. Think for yourself. If you don't like Russia, don't come on a blooming Russian company BB peddling diatribe. The company was started in Russia, CEO is Russian, they employ 10000 Russians, listed on the Russian stock exchange etc etc and..... you're here calling Russia toxic...are you mad? If you want to stand on some self created construct of moral high ground, there's millions of other western companies to spend your life on their BB's.

Pippa, I like the way you analyse things. Though I believe you can throw the standard doctrines and business formatlities out the window for now.

The BOD and Alexander Nesis in particular will be well aware, they need to stay well below the radar for now. Alexander, a veteran entrepreneur who's amassed significant personal wealth from Russia, most of which remains on the MOEX in Russia, will know one wrong move and it will be seized, no question.

It would be well down Putins list, lining UK share holders pockets with money made from Russian commodities. We could assume a div payment from Kazakstan claims, but would this be viewed negatively by Putins government as being in bed with the enemy? Nesis needs to do nothing apart from keep the company producing and selling, whilst paying down the companies debt. Like putting the Bugatti in the garage, maintain it, and wait for fairer weather, before going out for a spin.

They need to play the long game.

Ray - I tell you one thing for sure, if I could buy this company via the MOEX exchange, I'd be all over it like a rash.

I wouldn't assume anything would effect Russian investors, Putin wouldn't want to scupper his own economy/citizens any further. He's fighting for his own team against those trying to crush his.

I can tell you one thing, without any question.....he didnt have Decree 520 updated and signed on Aug 5 for nothing, specifically identifying:

1. UK
2. Subsoil
3. Gold

Thats not to say the scope of the Decree is not greater ranging, but it puts Poly and us in the net.

Celtic,

Yes, I had seen this. And thank you, you are the first to post anything relevant, thus far.

My feeling is that the POG situation is very different, the only beneficiary of the POG administration will be Russian entities, of which UMMC is, therefore there will be no contravention, ergo...no material effect.

Poly on the other hand, have their head office in an "unfriendly countries" the UK, specifically listed in Decree 520. Any beneficiary, of an assets sale (subsoil), within Russia, who are domicile of the UK "unfriendly countries", puts Poly under the scrutiny of Decree 520.

I do wonder if this is to confiscate assets from individuals in "unfriendly countries" in retaliation for confiscation of Russian assets from Russian citizens, in order to reimburse them.

In my humble opinion.

JAB - I wish you all the best with your investments.

JAB I know without question, whatever you do its not finance or venture capital. I would lay money that you've experienced many upset customers over the years, the larger proportion. lol You'd probably make a good clairvoyant the amount of substantiation in your argument. ;)

JAB... seriously, grow up. Or bring some substantiated rebuttal to the actual facts. Chancer.

Chique,

If it was simply about company fundamentals yes, I would buy at higher SP, thats a no brainer. But it is not simply about company fundamentals, there has been material change to operational environment. I have sold because of that change, you don't have to agree with that.

Do I like the company....yes, do I think that Russia would do anything to sanction the LSE listed side of POLY....yes. Thats not too far fetched for anyone to understand. I also fear that the Kazakstan side will not fall favourably, looking at a map would be the first pointer, 20% Russian population, former Russian controlled, part of the Eurasian alliance. its a tricky landscape for an ultimately good, former FTSE100 company.

I really don't want anyone to follow my lead, I posted pertinent information, if you assess it and see the same..fair enough. If not....thats fair enough too. None of you have even scrutinised the information, whilst sitting here watching MOEX rise and LSE fall....thinking its a something of nothing. There's no smoke without fire.

It will be harder for the company to negotiate a path, in which it will benefit the LSE investors, but I do truly hope they can. Would I be happy to see the SP rise without being invested...100% I would...Id be thinking about CAWN and co, with a smile.

It's really that simple. You roll the dice.....

Guys & Gals....please be rational.

I was simply being honest about my position (lesson learnt). I would buy this share at a higher price, the price of the share does not matter, it is simply......it's ability/probability to create profit. Risk/Reward.

I posted yesterday about the Decree 520, which had not been tabled or discussed on this BB previously, and summarised that the risk/reward (for me), had risen such that I had to make a decision based on that new information. Thats not playing some silly game in hope of getting in cheaper, the decree doesn't change, no matter the price.

So please stop acting like petulant children, act like investors assessing the risk to their capital. Don't be a gambler.

I truly believe this is a good and profitable company, as it sits. But when disgruntled politicians add further red tape, it has the potential to be detrimental to your investment.

I haven't seen any of you dissect the decree and its implication, its senseless. I have absolutely no pleasure in the idea of retail investors losing out, I don't mind being the punch bag, if it saves one person their investment.

Discredit the information not the messenger.

JAB - go to the telegram groups, there's a Russian POLY group, with the people who work for POLY. You can easily translate on the app.

Some on here need to grow up, it would seem, each indulging in ad hominem, rather than rebuttal of the presented facts, typical chancers.

Luckily most can discern who they are. We are investors, not school kids having a punt with play money.

My final note to the serious investors in here: read the Decree...make your own observations.