Petropavlovsk Share Discussion Threads

[lawrence thirteen] 05/4/2019 20:59

Banbo1 Is shorting undertaken on a sinking or rising share price

[bambo1] 05/4/2019 20:37

I notice Polygon Global Partners are shorting POG at present and has just increased its short position yet again. Short position increased on 26th March and then again on 28th March, again on 1st April, again on 2nd April, again on 3 April, a little worrying to say the least. What do they know or see that none of us know about.

[officehead] 05/4/2019 17:03

Anything possible bambo 1. We can only speculate! What we know, is that Prosperity Capital Mgt have purchased over 5% of POG shares, of which at least 2% have been carried out recently.

[lawrence thirteen] 05/4/2019 13:59

Bambo1
"Yes but does the person selling know more that the person buying?"


Party Pooper

[bambo1] 05/4/2019 13:10

Yes but does the person selling know more that the person buying?

[officehead] 05/4/2019 11:03

Agreed, good supporting evidence that Institutional Investors are again taking an active interest in POG. A Russian investment specialist ($3.9bn under mgt)is likely to have a better understanding of the risks and opportunities within Russia, and obviously sees the latter in POGs current state of play. The update on the 24th April will provide greater visibility as to how far POG has turned the corner. Always said with some sense of caution - this is POG!!

[rochdae] 04/4/2019 23:02

Probably buying on the open market.

Nice anyway to see such a large player taking a big slice of POG. Wonder what they see?

[gersemi] 04/4/2019 18:17

Prosperity Capital Management just taken +5% of the company..

Prosperity Capital Management is one of the largest Russia-focused asset managers in the world.

LONDON (Alliance News) - Petropavlovsk PLC on Thursday said Prosperity Capital Management Ltd held a 5.0% stake in the Russian gold miner after a transaction on Wednesday.

Following the deal, Prosperity Capital held 165.5 million Petropavlovsk shares, equivalent to a 5.0% stake. Its previous holding, if any, has not been disclosed.

Shares in Petropavlovsk closed down 0.4% at 8.37 pence on Thursday.

By Anna Farley; [e-mail]

-

Who's the seller?

[davidlloyd] 04/4/2019 14:18

Interesting pick up in volume of late - (shame PoG is not going in the right direction today :-( ).

DL

[juju44] 03/4/2019 14:40

tea leaves still favourable

[rochdae] 03/4/2019 14:32

On the cusp of a significant breakout...

[juju44] 03/4/2019 11:40

Whats with the two 4.5 million trades

[ginko3] 03/4/2019 10:08

Might simply be that they haven't managed to break above 8.5p for best part of two years now so the trend would indicate a pull back from the current position and a shorting opportunity.

[bambo1] 02/4/2019 18:22

Yet POG is still below Jan 2018 share price.

[route1] 02/4/2019 15:45

Now,s the time, fill your boots....Both of them!!!!Not to be ignored;DYOR.

[book5] 02/4/2019 08:33

Irc +23% one year high

[bambo1] 01/4/2019 22:08

I notice Polygon Global Partners is shorting Pog at present and has just increased its short position again. Short position increased on 26th March and then again on 28th March, never a good sign when professionals are going short.

[juju44] 01/4/2019 10:34

Nope and more to come

[rochdae] 29/3/2019 16:52

Go POG ... not the dog anymore...

[midasx] 29/3/2019 08:24

Friday 29 March 2019: The Board of Directors of IRC Limited (“IRC” or the “Company”, together
with its subsidiaries, the “Group”) is pleased to announce the annual results of the Company for the year
ended 31 December 2018.
KEY HIGHLIGHTS
Financials
• EBITDA of US$28.5 million, 42% increase over last year (31 December 2017: US$20.0 million)
• Net profit of US$68.2 million (31 December 2017: US$113.3 million)
• Revenue increased by 39% to US$151.5 million (31 December 2017: US$109.3 million)
• Impairment reversal of US$90.5 million reflecting on the successful operation of K&S
Operations
• K&S’s 2018 production capacity of 70%; currently at about 86%
• Sales volume increased by 45% to 2,223,945 tonnes (31 December 2017: 1,539,146 tonnes)
• Refinancing of ICBC loan completed, new facility with Gazprombank provides better repayment
terms that align with K&S ramp-up progress
• Kuranakh under care and maintenance with optionality to restart
Commenting on the results, Peter Hambro, Chairman of IRC said, “In 2018, IRC’s performance has
been positive and our progress made during this challenging year is marked by increased EBITDA and
a US$68.2 million net profit, as well as by both the continued ramping up of K&S and the successful
refinancing of the ICBC loan. As K&S continued to ramp up its production, sales volume increased by
45% in 2018. EBITDA, a key performance indicator for IRC, increased by 42% to US$28.5 million.
The successful ramping up of K&S and its strong operating performance supported a reversal of asset
impairment provisions of US$90.5 million and accordingly, IRC reports a net profit of US$68.2 million.

[bambo1] 28/3/2019 08:50

I notice Polygon Global Partners LLP is shorting Pog at present and has just increased its short position.

[route1] 28/3/2019 04:16

Exactly, everything seems be coming together, as planned. Also in my view IRC should in no way be written offespecially as the new refinancing is now in place. The last link in the Amur bridge has just been installed and we are informed that the Bridge will be operational later this year.I am certainly not displeased with my investment in IRC,currently showing a 70% gain.I may have to wait a while longer to break even at 22pon POG.

[juju44] 26/3/2019 13:55

Like I said , leaves predicting more in the pot

[davidlloyd] 26/3/2019 12:07

The city takes a very long time to pardon previous misdemeanours. This animal has changed so much for the better in the relatively recent past and IMO is due a break. True value will out (eventually)…
DL

[undervaluedassets] 26/3/2019 11:57

I think what has been forgotten here is that this is a major company employing some 8600 people with massive operations in Russia.

Investors see the tiny valuation and tiny share price and think it is some minor enterprise. It is so not that. This is a huge company.

Currently, there is a lot of very good business momentum at POG which will hopefully see that perception (and the valuation) change.