Petropavlovsk Share Discussion Threads

[peterg40] 09/4/2018 05:32

My last post should have ended;"The Inertia continues "........

[peterg40] 09/4/2018 05:27

Good post.All the points you made 100% true.We as Shareholders seem to derive no benefits whatsoever in spite of the Rights issue, a new BOD, good results,including Exploration,POXHub nearing completion,and many other factors including the interestof Mr Rakishev with his 22% stake in the Company.The share price languishes.The Inertia continues....

[davidlloyd] 04/4/2018 10:04

book5 - yes, but try finding anything else out there on Slevin ltd outside of the RNS......next to nothing which is interesting in itself....

DL

[book5] 03/4/2018 22:27

From RNS

3. Details of person subject to the notification obligation
Name Slevin Ltd.
City and country of registered P.O. Box 1551, Mitchell House,
office (if applicable) The Valley, Anguilla, British
West Indies
4. Full name of shareholder(s) (if different from 3.)
-------------------------------------------------------------------------------------------------
Name Credit Suisse AG
----------------------------------------------- ------------------------------------------------
City and country of registered Paradeplatz 8, 8070 Zürich,
office (if applicable) Switzerland

[davidlloyd] 03/4/2018 21:49

Try finding anything on Slevin Ltd- mysteriously tiny net footprint it would seem???
Any more info appreciated
DL

[book5] 03/4/2018 18:58

Good volume today.

ALLIANCE NEWS DETAIL


ELECTRICIAN SLEVIN NOW HOLDS 4.6% INTEREST IN PETROPAVLOVSK (ALLISS)

[ 03 Apr 2018 17:13 ]
LONDON (Alliance News) - Petropavlovsk PLC said on Tuesday that the electrical contracting company Slevin Ltd now holds a 4.6% stake in the gold mining company after a transaction last Wednesday.

Prior to that, Slevin holding was undisclosed.

Shares in Petropavlovsk closed up 1.1% at 7.20 pence per share on Tuesday.

By Evelina Grecenko; [e-mail]

Copyright 2018 Alliance News Limited. All Rights Reserved.

[loganair] 01/4/2018 19:03

book5 - I Agree with your sentiments.

[book5] 01/4/2018 19:01

Regarding IRC. POG owns 31%,and current value of its share in IRC is $47.4 million . However, POG is garantor of $200 million loan.

Is this gentleman trying to give away IRC at a moment the Company is talking off? Does he want to buy it? I would not give it away.

Regarding, Companies mentioned in article. I am not sure where they are listed...But buying them for POG shares could be done if price is reasonable.

[timanglin] 01/4/2018 18:19

Each to their own, if POG want to buy shares(ownership) in external entities then these shares should represent a better deal than actual POG shares, is I guess what I am saying. As to paying down debt again only if the money invested in debt reduction makes a better return than POG shares(which is not difficult as currently POG are not paying a dividend). The current owners(the shareholders) have not been rewarded by capital increase, dividend payments or share count reduction for some time now despite increasing profits and increasing cash generation by POG. The presence of an activist major shareholder is, for me, welcome. Your B.B. comments are also welcome and useful. Thank you.

[haughtonhoney] 01/4/2018 17:50

I suspect that the company might be better off focussing on paying the debt down if there's any spare cash floating sbout.

[loganair] 01/4/2018 17:43

In my view share buy backs are always the worse thing for any company to do as it shows that the directors of the said company do not know what to do or where to invest for growth any excess cash they may have.

Share buy backs do not create jobs or growth rather they are just a game played by the senior executives, a ploy to increase a companies earning per less shares leaving the company smaller but with the same amount of debt.

If the company really does have any spare cash and the directors do not know how to invest for growth, then just pay down debt, which reduces interest payments which increases a companies profits.

[timanglin] 01/4/2018 16:13

Well said Mr Rashikev. instead of buying other local gold miners,though, how about a share buy back?

[book5] 29/3/2018 07:22

Once the company stars showing confidence that the Hox Hub works well, then the share price will go up in anticipation of good years ahead

In the midtime Company is attracting interest.

From Yahoo finance:

Improving performance

Reporting on Wednesday was Russia-focused gold miner Petropavlovsk (LSE: POG). The company’s 2017 results showed that gold sales moved 10% higher, while the average realised gold price was up 3% to $1,262/oz.

Together, these factors helped to push the company’s revenue 9% higher, while its underlying EBITDA (earnings before interest, tax, depreciation and amortisation) was in line with 2016 levels. This was largely due to total cash costs increasing by 12%, which in turn were caused by unfavourable currency effects and lower processing recoveries and grades.

Looking ahead, Petropavlovsk is expected to report a rise in its bottom line of 56% in the current year. This puts the stock on a price-to-earnings growth (PEG) ratio of just 0.1, which shows that it could offer high growth at a reasonable price.

Certainly, the company may lack the diversification of some of its mining sector peers. But with the gold price having the potential to rise in future years and the company continuing to offer operational improvements, it could prove to be a sound buy.

[peterg40] 29/3/2018 02:27

Correction, SKIP LOADS of patience are required for this Company.Having read the report I have no doubt that the BOD,s intentions are both sincere and enthusiastic in developing their future plans,however we as PI,s have no other option but towait for at least one more year.

[timanglin] 28/3/2018 18:11

With increased gold production and increased gold price Everybody is getting paid more except the shareholder, hence the lack of movement of the share price. Management should be initiating share buy backs and a dividend. IMHO

[book5] 28/3/2018 11:42

During 2019 the finances of the company should turn around for the best
Patience is needed

[haughtonhoney] 28/3/2018 11:30

S'Russian mate. They're not in favour.

[davidlloyd] 28/3/2018 11:11

Alliance News : 'Petropavlovsk 2017 Profit Surges On Increase In Revenue And Sales.........'

And the share price does............................ NOTHING.

Sais it all really,

DL

[bambo1] 26/3/2018 16:34

Does the share price going up not preceed announcements of good news?????????

Not looking good then.

[book5] 25/3/2018 21:25

The weather is better in Amur, max temperatures above freezen

[midasx] 24/3/2018 15:02

FY 2017 Results & 2018 Guidance
28th March

A lot of potential good news to come out on Wednesday!

[bambo1] 22/3/2018 13:01

Now moving in wrong direction

[book5] 21/3/2018 23:14

Peter I agree with you.

After years of building installations It has become a profit generator. we will have more details soon:


The Board hereby announces that a meeting of the Executive Committee will be held on Tuesday, 27 March 2018 for the purpose of, inter alia, considering, finalising and approving the annual results of the Company and its subsidiaries for the year ended 31 December 2017 for publication.

[peterg40] 21/3/2018 19:24

I would add to my previous brief response to your question, that imvIRC is a sound asset, as they produce/mine 2 basic and essential ores: Iron and Ilmenite.Of course they are not the only producers and prices are subject to market volatility, but I do think that in view of future potential this stock issomewhat underrated.