Share Name Share Symbol Market Type Share ISIN Share Description
Petropavlovsk Plc LSE:POG London Ordinary Share GB0031544546 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  +0.17p +2.00% 8.67p 10,097,628 15:22:54
Bid Price Offer Price High Price Low Price Open Price
8.67p 8.68p 8.70p 8.55p 8.55p
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 391.90 64.63 0.78 10.9 287.0

Petropavlovsk (POG) Latest News (1)

More Petropavlovsk News
Petropavlovsk Takeover Rumours

Petropavlovsk (POG) Share Charts

1 Year Petropavlovsk Chart

1 Year Petropavlovsk Chart

1 Month Petropavlovsk Chart

1 Month Petropavlovsk Chart

Intraday Petropavlovsk Chart

Intraday Petropavlovsk Chart

Petropavlovsk (POG) Discussions and Chat

Petropavlovsk Forums and Chat

Date Time Title Posts
17/6/201913:45Petropavlovsk Gold Miner - inc. Charts47,948
13/1/201807:37Short POG the DOG to 1.5p35
13/6/201717:45Petropavlovsk - coup by Prudential?-
07/6/201710:45POG - Voting Advice-
24/8/201610:00*** Petropavlovsk ***27

Add a New Thread

Petropavlovsk (POG) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
View all Petropavlovsk trades in real-time

Petropavlovsk (POG) Top Chat Posts

Petropavlovsk Daily Update: Petropavlovsk Plc is listed in the Mining sector of the London Stock Exchange with ticker POG. The last closing price for Petropavlovsk was 8.50p.
Petropavlovsk Plc has a 4 week average price of 7.90p and a 12 week average price of 7.58p.
The 1 year high share price is 8.70p while the 1 year low share price is currently 5.15p.
There are currently 3,310,210,281 shares in issue and the average daily traded volume is 5,932,776 shares. The market capitalisation of Petropavlovsk Plc is £286,995,231.36.
rochdae: It's a statement of the obvious that a company's value depends on company success not the value of the asset it produces. Pog's share price was hammered because of a decade of financial and operational incompetence. But I think we're in better shape now and a recovery is more likely than not. If they can get costs down and the gold price continues to rise the share price will respond. Gold is traded and priced in $. Currency fluctuations affect all companies. I don't see the point here. Pog needs more news to drive the share price higher. Capital market day in June and trading update in July should give more clarity on operations and POX progress.
bambo1: Gold up pog share price drifting downwards.
bambo1: I think if you were to read most posters on here you will find comments suggesting things like this share is; about to take off, getting ready for lift-off, tipped to shoot up to 14p. If the share price was believed to be about to do any of these things by POGs Deputy Chief Executive Officer, Dr Alya Samokhvalova who holds a Masters in Investment Management and has Professional Accountant Certificate from the Institute of Professional Accountants of Russia and therefore should be competent at making good financial decisions. If this share price only went up by 2p in the next 12 months which would be about a 25% profit must be more profitable than paying down a mortgage or investing elsewhere. In my view it is a clear message that it is believed Dr Alya that this share price is not going up any time soon.
rochdae: officehead, An interesting theory, but it's very hard to manipulate the share price of a large listed company. If 1.45 of the stock is already on loan, how much more will they need to sell to keep the share price at 8p? And they will at some point have to buy back that position. It's a dangerous game, and I don't see how it will benefit POG. It's my understanding that POG have the option to redeem the 100 mil bond to avoid conversion. It's clear in the transcript of the webcast that POG aim to do just that. They seem reasonably confident of having the money come next year. POG are determined to improve their share price. They see it as way undervalued. A much improved share price brings more financial options with it, too. Debt at the moment X3 market cap doesn't look good and restricts your access to finance. Anyway, key short term news will be IRC's production update on Tuesday. This should show production up to near 90% with 20-30% increase in earnings. I see iron ore moving through $100 quite soon. Goldman predicting elevated prices for the next 5 years. By that time IRC will be producing nearly 7 million tonnes per year and the bridge to China will have reduced costs to $43 per tonne. So around $400 million gross income. Debt £240 million. News flow on autoclaves 3 and 4 should begin soon along with a 3rd party contract for refractory ore. This will lead to an upgrade to 2019 production. Contract confirmation should be in the next 2-3 weeks before commissioning as outlined by POG management. 12 months ago POG's share price was the same but since then there have been 3 major changes in fortune. POX success, the iron ore price and the rescheduling of debt. POG are predicting production of 500,000 to 550,000koz per year from 2020 with TCC at $775. With gold at $1285 that's around $288 million income after costs. POG's present market cap £270 million. I've followed POG (or Peter Hambro as it was) for 12 years. Decided to buy in Jan this year for the reasons outlined.
officehead: The results out this week provide a lot of operational details and to me confirm the repositioning of POG with its POX processing facility. However the financial side is still unclear to me (as it has been for so long). Now that the major capital developments are in place, this financial fog should start to clear. The TCC for 2019 of $950 max is hopefully a very conservative figure, and the bottom end should be much more likely bearing in mind how successfully POX was commissioned. Bambo, previously you pointed out the increasing short position by Polygon Global Partners, 1.45% of stock as of 10th April, and you were rightly concerned in my opinion. Interestingly during the recent webcast, one of the analysts asking questions was from Polygon, who congratulated the POG team on their operational results, and asked a number of questions (more financially focused if I recall). The most interesting response that Pavel gave - showed that a meeting had already been set up between himself and Polygon later in the week? Why would the CEO be meeting this hedge fund who have been a regular small shorter of this stock since 2015 – the time of the rights issue? - As had been pointed out previously why would a company be borrowing stock into a rising share price unless it felt the position would change? The results this week didn’t do anything to support their view, unless they see the financial challenges still outweighing the operational improvements. - We are talking about 50million shares here, not big in total terms, but certainly enough to impact on short term share prices, when the average daily trading is a few million. - However it seems that POG directors see this as important enough to arrange a meeting whilst in the city. - So here is my cynical take/conspiracy theory for what its worth. I would be keen on other peoples view who have a better financial understanding than me. Stock is probably being loaned to Polygon, as a vehicle that serves to stop large movements in the share price and the closer the price gets to the 2020 conversion Bond Price, the more is being loaned to stem the speculative price flow until all ducks are in order. What do I mean by that – well probably that POG are in a position that they can confidently pay off the $100 bond, and don’t have to dilute. This of course is pure conjecture, but would be interested in others view point.
malcontent: this is the third year that POG share price has been stuck in the 6-9 pence range If/When it does break above 9 p, it will be a strong and sudden move Same applies to a break below 6 p, but that's not where my money is
stoopid: This isn't just about the forward P/E. Its also about the ability to repay debt, or with POG the inability to do so and stagnant production levels. After the rights and $100m bond issue all POG have done is kick the debt can down the road, there has been no further debt repayment and debt has remained stubbornly over $600m. The fact that they are either unwilling to or cant repay this bond is worrying and is likely to result in a conversion in approx. 18 months time meaning a further 15% - 20% ish dilution for shareholders. The FCF would appear to be insufficient to even pay down this part of the debt never mind the main bulk and that is why they have taken out the new bond. IRC still has problems/debt and with the debt guarantee POG have had their ownership severely diluted and will probably sell it and not realise a fraction of what they should for it. Although they have had new management for quite a while now, this is after years of mismanagement by Hambros Son. The full year report and forward guidance for POX and underground which should come out at the annual results this month should prove interesting..... There is a reason why POG share price isn't flying.
stoopid: Renova dumping? Or aquiring more?This is worrying, in 5 years POG need $500m to pay off the new bone issue, not to mention a further $100m in 2019 to pay what's left of the last bond debacle off. That's $600m POG have to find in the next 5 or so years to clear debt.Otherwise it's a new debt crisis for them question is what's going on behind the scenes now. Take over? Buyout? POG share price should have recovered significantly more by now if everything was going as swimmingly as they are making out.....
stoopid: Popeye, part of the problem here is that for years POG could do no wrong, expanding rapidly, aquisitions, dividends etc. Was like a golden child.... Then they nearly collapsed due to debt and failing to hedge the gold price to cover POX etc. They also had a lot of high cost aluvial projects that were not financially viable. As you know, the fall from grace was painful.Cost a lot of people a lot of money and as such, POG have fallen from favour with institutional investors, that and the fact they are essentially a penny share atm and well down the rankings (a far fall from the heady days of possible entry to the ftse100) and have fallen off many people's/investor's radar.The fact that there is still $600m in debt outstanding, POG appear to have stopped paying down debt to fund POX and underground and with a $100m bond to pay off the debt is still a big issue. Production has not yet recovered to 600k oz no will it for at least another 12 - 24 months. No divis yet. Condidence issues, possible takeover in the wings. It's plain to see why POG share price is still struggling.Also with the bond conversion price at about 8.2p i believe that is also restricting the share price from moving up too far. BTW, I think you will find that if the bond holders try to convert, POG have the option of paying off the bond before its converted. If they have the $100m to spare.....
popeye888: If Russia/Putin were the problem with POG share price then why is HGM charging ahead and is quickly getting back to share price of 2011. POG share price if it were to match HGM performance should now be around £0.53 per share. So Russia/Putin cannot be the reason. Unless someone thinks Gold is going out of the back door to keep Putin sweet.
Petropavlovsk share price data is direct from the London Stock Exchange
Your Recent History
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20190617 14:38:59