Member Info for Tornadotony

Okay- Thanks for the company update being posted on the auditors. Short closed and reopened long at 277p. You convinced me to stay.

I have kept the 129p long still but my ISA position at 298p was too high and so reverted it as a short on 277p. FT have backed up Motley Fool and If I find answers of how the auditing company can deal with sanctions, protect staff auditing teams from Russian government intimidation and feel they can serve polymetal and show they are qualified to rule out money laundering, then I will buy my ISA stake back. If anyone else finds the answers please share them. I am not deramping its a case of wondering how on earth polymetal solves the problem.

Visitor they are part of Baker Tilley

On March 16, 2022, Baker Tilly International announced it will separate member firms in Russia and Belarus from its global network.

oops spots not sots

If anyone sots a company that could do it less us know. I have taken off my 298p long at a loss and will review things later. The loss covered by recent other previous gains.

I did not contact companies directly. I have just been going through the top 20 companies and Mazars who I thought would do it through Vietnam offices are clearly saying no any new Russian work. They are not the only one not taking on more Russian companies.

A company I thought could do it has rejected all new work in Russia. This is starting to look like a real problem.

Like Friday with another wet nappy start.

Lewis you need to correct for is share dilution of 15%. The enterprise value has not changed since 4 July 2021. So the 86p would be 99p and the dilution monies spent on FEED etcetera.

To add, take some off or hold. For me its a hold.

The share price goes down as an entity such as Mrs Theorist has a shed load of short on Pensana stock which has duly dropped the price from 90p and then Mr Theorist does his bit with encouragement from a few others to pump the short and says its not me as I do not have any or its a Putin like statement of a version of truth. When it drops to low 70's they both get out of the way and buy the stock back and collect the profits and they return loaned stock. The share then goes up and after some news its a repeat show show like ANT and Dec without any humour.

Glad when the seller has left.

The past tell us to hold commodity companies. Utility stocks fall and are no longer safe havens. Defence industry stocks unfortunately go up. PE rates become important as they go down as interest rates go higher. The forward PE rate on Polymetal is currently 2.6 times earnings. The average in SP 500 is 23 times.

Bought second tranche. Its on an upward bull channel. So at least half way back in.

Blueberg nobody has a crystal ball. However some can take a position on the probability they believe in whatever that is. Those who favour peace talks working sooner rather than later may choose to buy Polymetal and those who think the war continues much longer term will see if differently. Nobody is wrong and nobody is right, but we can all invest on a sentiment of our choosing if that is what we want to do.

was supposed to be war. in previous.

My logic is that the entire purpose of the was between Russia and Ukraine was for Putin to acquire total power in Russia. He wanted more control over oligarchs, Russian generals that may overthrow him and to segregate out in the population who will do whatever he says to those who want to escape from it. All these objectives have been achieved.

All Putin needs to do in Ukraine is fight it out in the northeast corner and the territory battle is over. Its then a case of agreeing a long term peace treaty to end the war and disagreements with Ukraine for good. Russia will have its buffer zone. The war hopefully ends in the coming weeks and now moves away from civilian areas.

Buying and holding Polymetal is a belief that a peace deal will be found.

Pog was moving in tandem with Poly. It has rallied back up from its low. Like Poly getting back to 280p.

Sharebel it is getting played , more so than POG. My average buy earlier has priced under berenberg 300p yesterday. Someone mentioned the MOEX quote of 900p is like it trading without Kaz assets and LSE is Kaz without Russia assets. Its now undervalued with Kaz assets alone.

Will soon find if the average down was a mistake.