Member Info for Stach

We might get going quicker North than we went South if only SHFT could release rns.Stach.

Hello there, I think the whole sell off was grossly overdone.We only need a rns from shft stating their position as advised by their lawyers repelling EuroChem claims and we shall be back where we started.An additional rns re influx of money either from a new contract or the ongoing one would do the same.Stach.

It looks that a panic selling continues and I should not be supprised if shft are going to issue rns stating that they are in a strong position to repel EuroChem's case.I am staying put with 30k+shares in my ISA till all blows over.There is no real change in the finances of the Company atm and the money for the ongoing contracts keeps comming in,therfore they have not stopped paying divi either.Do not follow the herd,do the opposite.Stach.

It looks that a panic selling continues and I should not be supprised if shft are going to issue rns stating that they are in a strong position to repel EuroChem's case.I am staying put with 30k+shares in my ISA till all blows over.There is no real change in the finances of the Company atm and the money for the ongoing contracts keeps comming in,therfore they have not stopped paying divi either.Do not follow the herd,do the opposite.Stach.

This is may major grump about London's SE, this is easily rectifiable by the computer program but brokers and mm do not want that as it would deprive them of manipulating the market.Really a scandal in a 21st century.Stach.

Jarnel, I do not belive that there is any threat to the viability of shft.As you know they are bidding and have a pipeline of £1b in mind eventually.In addition there is still a lot of money to come from existing contracts as they are coming to certain milestone intervals.Some of these shafts (and contracts) take seven years to complete according to their CEO-Davidove.A good indication of what I am saying will be if SHFT will maintain their next dividend intact.Since my shares here are in an ISA I have plenty of time to see this terbulance out.Stach.

Hi Fellows, I am not a born optimist but more a realist.You have to look logically at things and beyond hype and despair.When you do that with SHFT, you will see that nothing has changed.It is still one of the best engineering mining companies in the World,diversified throughout the World and not just in SA and winning long-term contracts all the time as they are the best in putting down the deepest mining shafts.Therfore I am confident that once the courts see their evidence backed up by expertise second to none,EuroChem will lose the case or withdraw it.They are trying to wriggle out of extra payments owed to SHFT and knowing that SHFT was going to sue them ,issued a writ about delayed loss of production of potash and an apparent $800m loss.To me you can not get that potash untill you have build an access to it but if there are suddenly unexpected terrain problems you have to overcome them first and this is what SHFT reported to EuroChem and demanded more money to cover this additional unexpected problems.When EuroChem said no-SHFT pulled out.So you can see that the delay was a self inflicted by EuroChem.They though still have to pay for the three quaters of finished work on the shafts by SHFT and this is what SHFT is trying to recup via court case.Not being a lawyer I can easily see who is right here and I am sure it is not EuroChem! Stach.

Sorry ecovest for misspelling your pseudonym.Stach.

Good Morning and thanks for your info.Lets hope that we soon learn more from shft how they are responding to EC claim.Personally I look forward to a steady clime back towards the 80p within a short spell,especially so if a futher contract is won again.Regards-Stach.

Thanks.How much do they charge per trade these days?I pay £11,95 at Halifax with no other charges.I am probably overpaying.See you tomorrow.ATB-Stach.

Which trading platform do you use may I ask? It seems to be more efficient than mine!.Stach.

Hi my Friend.Has your divi been already reinvested ie have they bought your shares for you today? Mine still is not reinvested but may be so at the end of days' business.Stach.

Hello, I'm sure that the price will go up as the worst panickers have sold by now.MM may try to manipulate this futher down but remember that for every sale there is a buy.Eventually mm will have to raise the share price because of demand.Many shareholders(including myself) prefer dividend to be reinvested,this alone will push the share price up.Then on a good rns about the money arriving to shft from ongoing contracts the share will move up again.This court case I belive is an urealistic smoke screen by EuroChem and will collapse as shft's evidence is submitted to the lawyers.Court battles are expensive and I for one do not belive that EuroChem lawyers,when they see the other side's evidence,will be wanting to make their own client loosing a lot of money in a prolonged battle in courts(note they submitted their case to two different courts).I'd rather belive shft engineeres than EuroChem board of directors and so will the courts.So it is a great oportunity to get more shares here at these ridiculous prices and I wish Halifax got on with purchasing mine.Stach.

The dividend has arrived into my account although the shares not bought yet.So there is no worry that shft will not pay it.The dividend is covered 2.5-3 times as per their statement.Contracts work is ongoing evrywhere outside SA so the money inflow will continue and the share price will rise to levels that have been there before imo.Stach.

You will see your divi either on Friday of this week or next Monday.Most trading platforms need 5working days before they buy you shares or pay the money into your trading account.Stach.

Yes,I noticed that as well.I think that with the expertise that sahf has and the reputation worldwide of being the most knowledgable of deepest shafts building in all sorts of terrain,the courts will listen very carefully to their opinion whether it was not possible to complete EureChem's and why.Clearly shft asked to renegotiate the original Contract in view of difficult terrain encounterd low down during the ongoing work and if in their initial Contract there was mentioning that that could happen and EuroChem agreed to that first Contract in its entirety then EuroChem have not got a leg to stand on in a decent,just Court.By the same token they owe money to shft.This i why shft are confident and will defend its position robustly.Stach.

Hi my friend, I see you hold your position and even trying to add.You certainly thinking on the right lines in your posts.I can not add into my ISA for this year but the dividend will buy me more within it next week.I wish they bought these shares now at these prices.Should I do well with sar, I shall reinvest half of the profits here.Stach.

I think it will be a warning to other Companies contemplating investing/doing work in Russia.Even the Eurochem are prefering western Courts whilst the dispute took place on the russian soil.The amount of $800m requested is loughable,SHFT whole set up probably is worth less than that.I think it is a smoke screen by EuroChem in order to avoid paying its dues to SHFT.This may cost them a lot eventually if SHFT has its papers in order right from conditions of Agreement from starting the work on that shaft in Russia.From the response on SHFT's behalf it seems that they have robust data to refute EuroChem's claim.I'd rather belive SHFT than EuroChem.There will be a lot of investors who have made a wise decision of buying here on this exaggerated fall in share price today.I wish Halifax bought my shares late today with my divi,but I know it did not.GLA and dont' panic.Stach.

Hello and well done.You will not regret your buy today and be very happy at the end of this calendar year.I belive my brokers,who predict £1.40p/share by then.Stach.

Should you be with Halifax trading platform your divi will show after 5 trading days.Stach. PS There are some big buys today for instance one of 25k at 55p/share.The volume also close to 250k.