Holding 327k #
Thanks
...Clown World we live in eh Watcher?
Gold stock bankrupt in inflationary times of crisis yet Vax Gang flying on back of killing off its own PIs ;)
Funny A F if it wasn't so twisted
BOD probably had a party last night, pi**ing gold up the wall ha ha
Got to laugh. Hope no one hurt too bad here.
Bet us PIs could run the company better than this lot, I said all along it was a gamble on a pig. Terrible company but for fact pulling money out the ground.
Wait for offers but resigning this to a loss. Don't trust anything that comes from PIG. Someone's getting a golden goose on the cheap.
GLA
BTW Yorkshire Dales are spectacular ATM. I know a great little place opening August that is the perfect camping spot for all POLY and POG holders to take a deep breath and relax.
Jean's Field;)
LOL
Also posted on POLY
Sanctions are a leaky bucket unless they are upheld by a majority of players. Hurting our own economies which IS THE DESIRED EFFECT!
Best bit of advice on here was probably to hold and go away for 6 months. I keep checking in but really should just ignore and hold. Fundamentals are strong enough IMO. Got a tailwind with price of gold and current and incoming political and economic instability.
Those that say Putin needs to go...well he might but I think Biddy Biden will be out first. He's doing a fantastic job, best advert for Trump there could ever be. He is an absolute CLOWN. Anyone who thinks he is in control needs to lie down in a dark room. Joke!
Happy to hold and would have bought more but maxed out previously on this. A POLY guy who sold his extra car to buy stock, good move. Old for gold WITH a future income makes complete sense.
Ignore the noise, focus on the fundamentals and hold on tight!
Best
GLA
Sanctions are a leaky bucket unless they are upheld by a majority of players. Hurting our own economies which IS THE DESIRED EFFECT!
Best bit of advice on here was probably to hold and go away for 6 months. I keep checking in but really should just ignore and hold. Fundamentals are strong enough IMO. Got a tailwind with price of gold and current and incoming political and economic instability.
Those that say Putin needs to go...well he might but I think Biddy Biden will be out first. He's doing a fantastic job, best advert for Trump there could ever be. He is an absolute CLOWN. Anyone who thinks he is in control needs to lie down in a dark room. Joke!
Happy to hold and would have bought more but maxed out previously on this. Guy who sold his car, good move. Old for gold WITH a future income makes complete sense.
Ignore the noise, focus on the fundamentals and hold on tight!
Best
GLA
Cannot see quotes moving and looks as if market has been closed for this stock, has it been suspended?
Wouldn't surprise me.
We will see..
GLA
Morning All. My take:
If things were terminal the Sp would have tanked. This is not McColl's. This is a company that is pulling unadultered money out of the ground. So I'm staying in with what I've got; although less than Poly, it's still significant to me at least. My overall average is around the 2.5p mark.
BTW I've bothered to use the filter facility on you know who. It's very calming seeing a sea of green, ahhhhh!
You know those annoying clowns in the arcade that laugh uncontrollably? Well picture them in a vacuum. Joke's on them. Now I'm the one that's laughing ha ha ha ha ha ha ha
GLA
It’s quite funny how all the derampers suddenly appear, and the new accounts, as soon as some negative news comes out.
Are they all sitting in the same portacabin typing away furiously
That tasteit is Titski, slips into same colloquial style. They aren't even in a portacabin CWWX, more like stacked up inside a smelly portaloo rodding each other. Disgusting rats, flush 'em!
GLA
Still unsure why Kaz assets disposed of. Anyone?
Kazatomprom a good shout so be a shame to lose that.
Thanks
GLA
..well I've just done the math:
Circa £8M GBP dividends from Gazprom
Divided by 40 M shares in issue
Equals circa 20p per JRS share from Gazprom dividend. About right?
GLA
Just read again about Shell selling its petrol stations to Lukoil (i.e 'us') and enjoying a massive loss for the privilege.
That's why I'm here
And if you didn't already know, GO WOKE GO BROKE!!!;)
GLA
Just topped up a small amount. The sharks that have been circling have come to the surface and are just visible.
Will it be a feeding frenzy or will we be eaten alive?
I've voted.
GLA
https://markets.ft.com/data/investment-trust/tearsheet/financials?s=JRS:LSE
First thing that comes to mind when I hear BDO is insolvency. That's what they were big on and no doubt still are.
My mate worked for them as an accountant after university. Might put it past him. See what his gut reaction is (memo for self and others; not that it necessarily means anything).
Accountants notorious for undervaluing/overvaluing asssets come 'insolvency' in order to serve the next owner or Board buy out. History is full of cases like this.
Hmm..Thinking about buying more at such a low SP.
POG is run like sh+t int it?! Only thing is they are pulling MONEY out of the ground so got to try hard (and they are) to f+ck things up.
Just hope whatever happens we are in at such a low SP that we will walk away financially better off, albeit still cheated perhaps.
POG and POLY are night and day different outfits. I see POLY going on for years generating cash for shareholders whereas POG is more of a pig shi++ing gold and likely to be walked off by a new owner. Communication from Board is atrocious and they have contempt for shareholders. Not really fit to be FTSE listed yet I'm still here, but in a much smaller way than POLY.
Thoughts?
"Within the UK History education system, from Year 7 onwards, we are taught to trust NO one source/supposed proof of information until we have found out exactly who they were writing the history for and why. "
Good point but shame most kids don't like history cos it's 'boring', 'too hard' etc. I loved it and can think for myself. Take the temperature of current society and you will be shocked at the ignorance and group think now engendered by our 'education' system and social media. Baaaa!
Have you seen the strength of the dollar recently? Crazy. Trouble at mill. NASDAQ sub 12k last night.
HOLD FOR GOLD
GLA
@Gopnik
Same.
I had Sberbank, Gazprom et al all on my shopping list as the ones that got away through sanctions and suspension. I'd like to keep exposure to them. So what BB is saying is that they have not (yet) been sold just down valued further?
JRS needs to keep it's USP!
Jarv's post got me to look at another RNS; change of investments. Big news! Energy holdings shrunk, whole new portfolio arrangement here.
Looks like managers running scared from touted phasing out of reliance on Russian oil and gas.
Happy to see Kazatomprom get a much bigger vote. Not sure about it as a whole.
What are your thoughts?
https://www.lse.co.uk/rns/JRS/ten-largest-investments-l40ampllvw4gszo.html
Our man Tomski
He's in Thailand. Pattaya no less..
Sipping on ****tails or ****tails as he can't bear the truth
He's definitely sipping on summat and it's not the tails but it is the former!!!!
This seems to have been neutered by the fire sale NAV. And without a peace deal it's left trading sideways and now further down with no news. It's not as flashy as a gold mine but IMO and the opinion of others on this board, has unrecognised value.
Shares now nearly a pound a go. Topped up another 1k shares in recognition.
GLA