Member Info for The_eel

Hopefully. The (my) psychology is interesting. I eschewed buying at 118 when I had a solid quote for that on the way up, and decided I'd missed the boat. But more tempted to buy now it's stalled there on the way down. Hmmm, it could be a reversal!

Have topped up at 120. I think this could go to £1 though at which point there could be a lot of buying at that psychological threshold.

Yegads! It's totally collapsing!

Is it worth going all in on the assumption it gets back to 209 this side of 2027? I could retire!

It's rocketing again. Fill Your Boots while you have the chance!

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 nearly two years. It's a sobering thought but if it had kept pace with BP it would be sitting at 815p now. As opposed to 320p.

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?

Bought in July 2020. Annualised return of 1.0% including last year's divi. Not great ! come on Taylor Wimpey! Is the housing market going to collapse or something?

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.

My main regret is buying too soon back in the days of 3p. May yet see that again soon...

Down £9k on this now. But SP is going to £1 right?

Can't remember who it was now but someone on this blog once suggested the SP could go to £1, £2, even £3. That's a mighty big contract!

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.

I've been watching this from the sidelines for some time, and have bought in at 66.4p today. Pretty much all in, although could top up if there were a RI. Time will tell if that was the right move!

I'm in for £12.5k on this one so far, so at least that's the most I can lose after the nth placing!
Covid passports will happen no doubt, just whether CTEA will get any of it.

I agree -fishy timing here. How come the SP starts tanking two days before the MS downgrade!?

I previously cut my losses at 417. Just waiting to buy back in now!