Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
This seems a useful perspective to add to the mix - I'm with HL also.
I've investigated Wood and Co (it seems from other posts I read you need a Euro account, presumably a UK Nat West account doesn't fulfil that); Halyk Finance (helpful people but require a notarised, apostilled passport which on the 1-day service is £300, plus time is getting tight to get the docs over to Kazakhstan by post).
Realistically all I want to do is retain the Poly shares and sell them in the future when they're up again (obvs that requires a future relist)! What I'm wondering though: If one were to leave the Poly shares in HL, then following delist from LSE, what happens to future dividends?
Thanks
Eel
HL's original message re Poly delist said they would not issue paper certs. Instead it [the message] suggested opening a brokerage account that deals on AIX and xferring the Polymetal shares. I looked into a company called Halyk Finance based in Kazakhstan - very responsive. But require a notarised and apostilled passport copy which costs around £300 for the express 1 day service which is what would be required given the short deadlines here. Is it throwing good money after bad etc? Who knows whether Poly will prove a better investment than say a US tech Growth fund which are at rock bottom right now. Considering dumping the Poly shares and taking the £3k loss (about 50%!) and sticking into something else.
I've held HBR for 18 months having bought in April 2021 when WTI was $63. It's now $87 but HBR share price is 2% below what I paid. I chose between HBR and BP at the time, BP is up 56% since the same date. Wrong choice?
Am basically writing this off completely. Bought in when they were banging on about Covid passports, unfortunately got caught up the Covid frenzy where loads of companies were getting gazillions from Gov UK. I can't see this 20-bagging any time soon...
I'm seeing around 68p a share now so unfortunately my gamble has failed with a 70% loss on my £5k.
This is about to join the 90% club from December value, so seems to be it's priced as likely to collapse. Just have to hold on to a 10% chance that things recover once it's all blown over but even then I reckon could be 2-3 years out. Hey ho.
I think the question is more whether this is a good exit point. My investment is now 20% of its value in less than a year so it needs to 5X to get back up there. Covid passports (the original enticer when the Govt was shelling out £billions to various Covid-related schemes) seem irrelevant now given NHS Digital has it covered so I don't see any revenue coming Ctea's way.
People on here have talked about a £1m/year cash burn (not sure where that data comes from) but that implies they need to sell £1m per year just to cover costs. This seems like a big ask to me.
I hate to admit it but I am tending towards biglad's view - 'then on to the next big thing with big hitters, major players, fortune 500, loads of interest, they like what we're doing et c etc.. But in another trendy area.'
There does seem to be a challenge to get anything to stick here, and the SP has suffered as a result.
Can't they use the Catenae App if that's supposedly ready to roll?
'The NHS app may not be ready for use as a vaccine passport when holiday restrictions ease, Downing Street has admitted. Transport secretary Grant Shapps last week said he had asked foreign governments to drop their testing and quarantine requirements for British tourists whose jabs were registered on the app. But yesterday the government said the tool still does not work, as it prepares to allow some travel abroad from May 17. ‘Mr Shapps set out the approach we are looking to take,’ said Boris Johnson’s spokesman. ‘We are working on the app at the moment, at pace, to have it ready.'
Read more: https://metro.co.uk/2021/05/05/nhs-app-not-yet-ready-as-jab-passport-despite-holidays-allowed-in-weeks-14521277/?ito=cbshare
I can't decide whether I'm gutted I missed out at 33p having lacked the bottle to buy in due to the ongoing liquidity risk, or pleased that I finally bought in at 55p. Time will tell I guess. Do we have an impending announcement on guaranteed financing?...I'm looking for a £1 now, and with a growing online business, and a pretty loyal high street customer base, why not?!