Member Info for Westy54

Buckeye, your 30% yield is not correct, sorry. What you will have is a 30% ROI, the yield is calculated as a %'age of the share price. So to put some meat on that, If you buy at 150 and we get a 50p divi that would be a 33% ROI, but if at the time of that divi the share price was, say, 500p that would equate to a 10% yield ie the 50p into 500. But of course you also have the gains of 350 per share. So what I will be considering when we get to that stage of a 10% yield based on share price of £10 is taking out some profit as I think I could get more than a 10% yield with that money elsewhere. That is the yield/ROI conundrum and one which I am very much looking forward to having

What has made you aware of a Boardroom battle BB?

it might be only fleeting but it hit it at last so I don't care

Just hit 300

Yes it is the 25th

Chique, it is the company policy to pay 50% of FCF back to shareholders under normal circumstances. Of course we are not in normal circumstances at the moment with such a large debt to pay down, and they do have flexibility to increase or decrease that 50% as well, but that is the guideline. Time will tell.

It!

It is 25th January, looking forward to ir!

Aaaah yes, that "I'm asking for a friend" line :)))

My guess on a dividend, if declared will be 42.9p

I am not too sure about this. We know that divis normally get paid in May and September. We also know that if the Company do end up splitting the Russian and Kaz assets the current shareholders will receive further value by being granted shares in the new company by way of a dividend in specie which for those of you who do not know what that means, put simply you receive shares in a company instead of a cash distribution. What is as yet unclear is whether the Company intend to declare both cash dividends this year as well as a Dividend in Specie, or whether one, either, or both of the cash distributions would be forgone and replaced with the DiS instead. I haven't yet asked ir about this, perhaps somebody would be kind enough to do so? Let me know if you have an answer to this won't you?

Interactive Investor (ii) if UK based

Don't kid yourself Carltt.. How about the whole of the book of Exodus and Egypt? The Battle of Jericho? The Israelites vs the Philistines - David v Goliath ring a bell? Or Israel against Judah? .... there's loads mate!

ROFL :)))

CR888 I believe it is scheduled for 25th January

Otis, next update is on 25th Jan

Otis, btw, the next update is 25th Jan, I saw you asked in a different theme

:))

Oh dear Carl, you muppet

I forgot to add, taking the average increase of the other two indices (45.91%) from Oct 3rd, would put POLY's current price at about 285 so that would be a nice little gain