Polymetal Share Discussion Threads

[source] 28/4/2020 09:43

Call on now. Regards,Source.

[geckotheglorious] 28/4/2020 08:34

For those interested.

”Presentation”

[zcaprd7] 24/4/2020 14:55

Sold a chunk of fresnillo and went with more Solgold in they end...

[srpactive] 24/4/2020 13:31

All

Yes I am here too, I have a few gold
related, hgm, ggp and sve. It is important to buy when the pe is right.
As the eps increases so can the share price so you can continue to
accumulate. If the production is there and the massive gold price,
I continue to buy all the above.

dyor

active

[source] 23/4/2020 14:55

Hi Spawny , yes I bought at 10 ish & happy with it. Still has many attractions (per my earlier post) and if it helps when I bought in I thought I was late too!Management seem to be good at adding to its attractions and think the whole sector it's in is overdue a big retake given what's going on out there. Regards,Source.

[spawny100] 23/4/2020 14:15

Dang was looking at this one around £10 but didn't buy any and it's run away from me. Super quiet board given the huge rise recently.

[source] 23/4/2020 11:43

Yep. Nice to see the attractions of Polymetal being noticed. Being in FTSE100 probably helps as well as being in the hot sector currently. Seems relatively undervalued still with a healthy dividend of approx 4% , which is rather regularly topped up with special dividend payments too. Sold growth ahead of it too with nice production & exploration growth too. Lot to like really compared to deteriorating fundamentals of lots of other companies currently. Regards,Source.

[gateside] 23/4/2020 10:32

Charging upwards today!

[zcaprd7] 23/4/2020 09:53

Yes, all the goldminers...

[rogash] 21/4/2020 06:56

If they are using oil as their energy source, they must be saving a lot of money?

[podgyted] 20/4/2020 07:45

Good Q1 figures - Reveunes would have been 16% higher if not for Chinese concentrate problems which will reverse in Q2 (and may be beneficial depending on POG moves) - but production and sales up anyway.

Did like:-

"Management acknowledges material devaluation of Russian Rouble and
Kazakh Tenge since the beginning of the year. However, given the
highly volatile macroeconomic background, we currently maintain the
full-year guidance of US$ 650-700/GE oz for TCC and US$ 850-900/GE oz
for AISC. The guidance will be revisited along with 1H results."

"Polymetal remains committed to its dividend policy and does not intend
to change the previously announced final dividend recommendation of
US$ 0.42 per share or US$ 197 million in total for FY 2019, which is
due to be paid on 29 May 2020 (subject to the AGM approval on 27 April
2020)."

[podgyted] 16/4/2020 10:21

With PAF the SA situation always worries me - however, if they are left to get on with it they should do well.

[srpactive] 16/4/2020 09:51

Three others to keep an eye on pog and paf maybe.

dyor as you do.

active

[podgyted] 16/4/2020 08:33

You could also add AAZ - Anglo Asian Mining - fits your criteria

[zcaprd7] 16/4/2020 01:22

Thanks, I guess most are pricier now... I will review after I've reduced my fresnillo holding , probably after the dividend record date in a few weeks.

[crossing_the_rubicon] 15/4/2020 12:46

@ZCAP,

Bit pricier now but GOLD
(Barrick/Randgold merged entity)

[plasybryn] 15/4/2020 01:57

AAU in Turkey & Cyprus. Operating JV mine in Turkey. Second one in 2,yrs. Lots of exploration as well. Big Conglomerate wanting to buy in and accelerate projects. This could lead to a special payment. Capex cleared by end of this month expecting to lead to a dividend policy. Gold & Silver and Cyprus will be copper. One of the lowest cost producers & $15 per oz discovery cost. Skin in the game.....

[srpactive] 14/4/2020 14:40

Ihold poly, hgm and ggp in the sector and all doing well
as is gold. The dividend paying shares I feel will command
a premium. I too am happy to hold and accumulate.

dyor

[zcaprd7] 14/4/2020 14:32

Agreed, it's just that I'm up 70% here, and I'm tempted to take profits, and put them somewhere daft, like Hothschild?

[podgyted] 14/4/2020 11:26

All depends on the discount you put on it for operating in Russia.

Analysts have a consensus TP of £14 - although this might be behind the curve due to recent POG moves.

Fwd PER here is @11 that for Barrick is 31.

I'm comfortable adding up to £20 at the moment - BWTFDIK.

[zcaprd7] 14/4/2020 10:08

What is fair value for poly, its been going like a rocket?

[source] 14/4/2020 08:08

Thanks Arja!

[arja] 13/4/2020 13:48

source ,
I think EVN, SAR and NST are best aussie gold producers