Member Info for Professor1

email

If you are looking for a 'Value' stock then I would say Alibaba. I believe it has the potential you are talking about. I put equal amounts in here and in Alibaba - the latter is so far up 20%.

Lawrence 13

Many thanks for raising this issue with your local MP. Let's hope we see some action.

To be classified in Level 1, the company needs to have filed 3 years of IFRS financial statements. But because, Pog's this year's financial results deadline is going to be missed, they have to move POG to level 3.

THIS IS THE ONLY REASON

IT HAS NOTHING TO DO WITH DEBT LEVELS CRAP TALKED ABOUT

To be classified in Level 1, the company needs to have filed 3 years of IFRS financial statements. But because, Pig's this year's financial results deadline is going to be missed, they have to move POG to level 3.

IT HAS NOTHING TO DO WITH RISK, PENSION FUNDS, MARKET CAP ETC ETC

CHILL NOW

There was a big article I read the other day how the refineries in India are processing the oil purchased from Russia and selling it on to the West including America. Where are the sanctions?

Khelder

Agree - our leaders need to go back to school

Apologies, Can't resist saying on POG bb - but Rolls Royce to go down to 40p then it's a buy

Tiger16

I think Biden wouldn't care if Putin were to attack UK and we are sacrificed.

https://www.telegraph.co.uk/world-news/2022/06/25/ukraine-war-russia-news-invasion-live-war-putin-threat-uk/

Time to add the golden nuggets

https://www.telegraph.co.uk/world-news/2022/06/25/ukraine-war-russia-news-invasion-live-war-putin-threat-uk/

Time to start collecting the golden nuggets

GLA

Rolls Royce will get as low as 40p then I would consider worth buying

Why .23p? If,as you say it's going to get burst very soon, even at .23 you might lose so why bother?

https://petropavlovskplc.com/sustainability/our-people/

Lawrence
And my point about extending the ARD to only 28/2/22 does not make sense - The most sensible thing to do under such extreme circumstances would have been to extend to 30/6/22 - Perhaps a question for POG

AS PER THE LAST RNS

"Accordingly, the Company's board of directors (the "Board") has today resolved to extend the Company's accounting reference date from 31 December 2021 to 28 February 2022 in order to give the Company more time for the audit of its annual report and accounts for that extended period to be completed. This extension of the accounting reference period also extends the period to convene the Company's annual general meeting for 2022".

WHY DID THEY NOT EXTEND THE ARD, TO HAVE 18 MONTHS ACCOUNTS, TO 30 JUNE 2022? THIS WOULD HAVE GIVEN THEM PLENTY MORE TIME THAN EXTENDING IT TO 28 FEBRUARY 2022.

One can imagine someone dictating these RNSs walking around the table taking few shots of vodka and the person writing missing some important item and the whole thing not validated before being released. The point I am making is that these RNSs appear very rushed and ill thought out

Lawrence

They do not wish to raise shareholders' expectations but they simply do not know how to convey the message for instance by giving alternatives that they are exploring in the same badly worded RNS. If they did that, I do not believe you would see the reaction that we are seeing now.

Tiger16

Obviously they have to give the bad scenario which the company could end up with but as mentioned there are far more scenarios the company is exploring and could end up in.

Sorry Kheldar just saw your message after I responded to CWWX.

It is precisely for the reasons that you mention that I hold my position too. The BOD are onto something here. The sale of the co was just one of the options. Wait for the Q2 production results probably due 2nd week July which I am going to put my neck out and say will be at the strong end.

CWWX

Agree entirely. However, can't understand why opening bank account should take so long unless that money is being held by GPB for the account of UMMC?