Member Info for rylidan

I've doubled my holding recently. Underwater as a longer term holder, but can't give up the opportunity to receive double the dividends going forwards. Could be a squeeze on shares at some point soon.
Expecting volatility for quite a while but will be sitting back for the ride.

For some reason I think our plants may be seeing an increase in brine supply, and a significant uplift in our supply forecast.

Both poly and evr have jumped simultaneously. News?

Waiting for the 37p discount on ex divi day! 25p buy in maybe?

So 50p here we come?

Will be amazed if this dips first thing, but I'll certainly be ready if MM don't snaffle the shares first....

Waiting to add some at a penny....

I can get a quote to buy or sell on HL, but you do need to just keep refreshing and eventually you'll get a quote. Going into auction a lot I think, so if you want to trade you need patience!

I note that they expect revenue to be up around 10% and PBT to be up around 140% on FY ending Sept 2021.

Everyone should be aware that there are two significant drivers to the share price apart from risk and price of gold. They are the exchange rate with the dollar where there was a direct correlation between share price movement and the strengthening rouble, having started the day on an annual low. Secondly this is also listed in Moscow. Cheap shares are likely to be seen as a bargain there, and will get reflected in the UK market.
Also of note is the short that went past 0.5% at the end of January. The presence of shorters can lead to real overselling and bargains for those willing to hold and trade a bit.
Just my view from having traded Russian stocks for quite a while.

Ýou need to be aware that shorters are playing with this and poly. It's both good and bad news. They often overplay their hand, and provide a great entry point for investors. I've only recently reinvested here, and would like to thank them for the opportunity!

We must be close. Gold is flying. Poly is a company with Russian assets, BP owns more Russian assets than Poly. There is uncertainty for sure. I did reduce a short while ago, but this is looking oversold IMO. Can't dispute its a gamble though. Top up time soon I feel.

Not going to argue with you Nelly. If can't see the company is returning far more than the dividend plus inflation then you are dumb! Buybacks are also tàx effective. Sell 2.6% of your shares. You will end up owning ths same proportion of the company and your return will increase 40% not 1% this year. Your choice.

Nice trading update. Looks like we should be on the up again

Not to mention that over the past 2 years I've traded my average from around £32 to a lovely £27, adding another 20% shares at no cost. Obviously its the market that has helped there and not the company. A big thank you to anyone who was shorting this down for me at that time.

I think you will find a 6.6% dividend yield, and a 2.6% buyback, gives a return this year far greater than inflation.

Buyback adds another 2.6% ish to share value, and spreading over the year may reduce volatility. I'm happy!

Iron ore steadily climbing that is driving the price up. Still the same amount of risk factored in by the market.

Excellent news they are taking their global responsibilities seriously. Will also show good benefits as well and reduce a risk. On the "low volume" front, I can only assume holders are happy with their lot. I certainly am!

Share far too cheap IMO. MCAP only £360m at current share price. NAV last September declared at roughly £340m. The company has grown since then so NAV will now exceed MCAP. This company is growing fast, in a key sector, with a ridiculous PE. Not that I'm complaining. Been invested over a year now and only recently added another 50% to my stake. The current 5% ish yield is handy, but the yield on my investment a year ago is far higher.