Polymetal Share Discussion Threads

[trader536] 27/5/2021 10:39

trader536 - 22 Apr 2021 - 08:27:12 - 1565 of 2515 Polymetal International - POLY
Stupid - a tip for you... SWG


Here's how the T/A screener tip is panning out, up 38%.....

[montyhedge] 27/5/2021 09:17

Pay day tomorrow for dividend.Dividend reinvestment plans kick in probable Tuesday.

[montyhedge] 26/5/2021 17:37

Would not touch Fres or Antofagasta, Polymetal and Glencore are the miners to have. Deutsch Bank BUY rating today 420p target on Glencore.No stamp duty either.

[finctastic] 26/5/2021 14:19

Spot on again Stupid.

[imastu pidgitaswell] 26/5/2021 14:04

And as I've said on there - it's not either/or, it's both; just a question (for me) of shifting the relative weightings as the prices move.

Very short term, I'm thinking FRES (within a week) will do better, given the particular factors there (MSCI deleting it so funds dumping, and also the price of silver relative to gold) - so have more in FRES and less in here than a week or so ago. But plenty (and I mean that) in both - it's only an opinion, and it could be wrong. I do think both are going higher.


free stock charts from uk.advfn.com

Around a 10% relative valuation gap just opened up. It should close, it might not...

[mickinvest] 26/5/2021 13:14

Good luck on FRES I.P., said months ago they look a poor investment as mangagement seem to miss every target and can't see them getting EPS of 90p. My divi is getting banked and will look to grow the cash pile and wait for a blow off in the market, AVCT doing its bit whilst 4D Pharma ain't playing the game. Watching Serica Energy who have 2 importnat drilling results shortly and Petrofac for conclusion of the SFO case as both look cheap.

[planit2] 26/5/2021 13:07

Reliable management or reliable share price?

Question would be whether the discount FRES offers to POLY is enough to make up for the management.

After adding the previous share price movement, the prices of gold and silver, the current share price and the fact FRES has been dropped from an index together, I chose FRES.

It might take a couple of weeks to get rid of the overhang (and people 'giving up' by being impatient) from the index drop but I am willing to wait. For one thing there might be as pullback in gold/silver and if there is FRES is likely to drop less.

[scepticalinvestor] 26/5/2021 09:35

I am afraid i have to agree with monts on that.POLY more reliable

[trader536] 26/5/2021 09:07

Monty - have you seen the silver price and compared it to the previous average achieved by FRES?

[montyhedge] 26/5/2021 09:03

Why? Poly looks a much better investment.

[imastu pidgitaswell] 26/5/2021 08:41

At the moment, the POLY dividend, some £17k, is going into FRES.

[montyhedge] 26/5/2021 08:11

2047p is my target thats their high.

Dividend payday this Friday, I would imagine dividend reinvestment plans kick in, might give a further boast to shareprice.

[scepticalinvestor] 26/5/2021 08:06

Thought you said 1300 a week or two ago? Lol

[montyhedge] 26/5/2021 08:02

I can see Poly going back to their high of over 2000p when gold hits $2000 which to me is a given.

[podgyted] 25/5/2021 21:47

Gold pondering $1,900 ; Silver $28 - if break it'll be good - but who knows. Two psychological barriers at the same time.

[finctastic] 25/5/2021 21:08

Though I don't regard myself as a trader and certainly no chartist. I loaded up with all I could at sub 1400. 50% as keepers the rest traded all the way up to 1670 before it needed to go elsewhere. I believe despite the overbought/ downgrade notices recently this still has some legs. My average position here is 1489.68 and would like to hold more before the September div. Therefore happy to add.

[podgyted] 25/5/2021 20:52

Looking at the NA goldies they are unimpressed about the move towards $1,900.

Barrick down 0.5%, Newmont down 1.5%. Go figure.

[trader536] 25/5/2021 19:28

Why would you want more at 1700? Where were you when they were at 1400?? You should have loaded up there ;-)

[finctastic] 25/5/2021 18:50

Gold to break 1900 tonight, usual morning dip tomorrow could be a chance to get some more here if we don't sky rocket at opening.

[trader536] 25/5/2021 17:02

I've just checked, they haven't taken my mickey

[imastu pidgitaswell] 25/5/2021 16:56

All the PM equities are struggling. Just a big boys' mickey-taking, which will cease at some point.

[finctastic] 25/5/2021 16:54

?Gold is up, Poly is down

[imastu pidgitaswell] 25/5/2021 16:05

?

If that happened, it would send real PM prices rocketing.

[montyhedge] 25/5/2021 15:00

That's done the damage today.