Polymetal Share Discussion Threads

[action] 22/6/2020 08:13

FRES IS 800P and POLY still at 1550p.POLY used to 1700p.

[action] 17/6/2020 21:12

Lot of sale than buy today

[imastu pidgitaswell] 17/6/2020 14:38

Either moving out of the flag, or it's fake. I think the former.

[imastu pidgitaswell] 16/6/2020 19:18

Already in and happy to hold/add. It's only an entry if it gets there.

[action] 16/6/2020 17:44

Wait for good entry point say below 1350p

[kfr20] 16/6/2020 16:22

Quite a number of gold miners have stuttered of late, including CEY and AAZ, so not POLY specific.

[imastu pidgitaswell] 16/6/2020 11:10

Since I came to this share fairly recently, it does appear to have fallen out of favour, relative to the market and to the price of metals. Maybe it is something of a pause after very rapid share price growth, maybe it is rotation by major holders out of this and into other PM shares, maybe it is just how it going to be.

Maybe it's just 'cos I'm involved with it...

Not unhappy with this, I'd rather it effectively went nowhere within a range for the trading benefits - just wondering why it is not doing too well; it is not expensive at these levels compared with other peers.

[kfr20] 11/6/2020 19:22

No stamp duty, tight spread and liquidity. What's not to like here? Decent trend too.

[action] 11/6/2020 16:08

I am not trading any more . Staying put till market sell off comes to hold. Not selling my PM positions.

[imastu pidgitaswell] 10/6/2020 20:57

Aye. Me too now - going up a long way tomorrow looking at Ag Au tonight, methinks...

[action] 10/6/2020 19:13

No stamp duty. So Joe blog like me loves it .

[imastu pidgitaswell] 10/6/2020 08:27

This does move quickly - none of my other shares move up this quickly.

Down, certainly, almost all of them, but not up...


And the number of trades - seems extraordinarily high, more than BP, AZN etc. Who is trading them?

[imastu pidgitaswell] 08/6/2020 08:15

Right - Joe Public flogging gold trinkets in pawn shops is going to move the global price of gold.

And of course, all those gold mine closures and production shut-ins means supply is, er...

Where's the gold price - near all time lows or all time highs?

Let's have some level of maturity?

[pro_s2009] 07/6/2020 06:53

For gold you have to look at physical demand.

Across the world many are out of work. Many need money. Lots and lots of people are selling off their gold to pawnshops to get cash.

They will not be buying it back soon. This will create a massive oversupply of physical gold.

Like what happened with oil, for gold you now have demand destruction and oversupply.

[bocase] 06/6/2020 14:49

I think ABM Ambro will be proved wrong. QE continues apace, ultra low interest rates for several years to come and this 'risk on' mode cannot continue.

Buyers will very soon return for gold and Polymental will be back above 1700p

[action] 06/6/2020 08:09

Dutch bank ABN AMRO says gold will drop to 1575 USD in next quater.

[action] 05/6/2020 21:10

Al50 is still possibility.

[action] 05/6/2020 21:10

Very bad day for Gold siver platinum and worse day for POLY.POLLY PUT THE CATTLE ON........

[imastu pidgitaswell] 05/6/2020 14:03

Aye. Limit buy triggered - not unhappy with that. Yet...

[action] 05/6/2020 10:33

1350 to 1450 range next week if risk on mode continues in market. DYOR.

[action] 05/6/2020 10:29

Risk on mode in market and PM down, plus pound stronger against USD . Triple whammy.

[prettygreen] 05/6/2020 10:10

Any ideas why this is being hammered today ?