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POLY Polymetal International Plc

215.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Polymetal International Plc LSE:POLY London Ordinary Share JE00B6T5S470 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 215.00 - 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Polymetal Share Discussion Threads

Showing 1176 to 1199 of 22150 messages
Chat Pages: Latest  58  57  56  55  54  53  52  51  50  49  48  47  Older
DateSubjectAuthorDiscuss
09/2/2021
09:38
prettygreen - yes - thanks I just noticed they’re both down more than POLY at 1%+
dibs61
09/2/2021
09:18
It seems there's weakness across the board FRES and HOC both down down this morning too
prettygreen
09/2/2021
09:15
I’m a bit surprised POLY is dropping back this morning given strong overnight gold and silver prices. Anyone got any idea what’s affecting sentiment?
dibs61
08/2/2021
23:07
As a result, the revised dividend policy is as follows:

Minimum final dividend of 50% of Underlying Net Income for 2H (subject to absolute Net debt/Adjusted EBITDA ceiling of 2.5x).

In addition, the Board will now have discretion to increase the final dividend amount to a maximum annual payout of 100% of Free Cash Flow (provided that it is greater than 50% of Underlying Net Income). In making this decision, the Board will consider, among other factors, the macroeconomic outlook, debt position and future investment requirements of the Group.

Interim dividend will remain at 50% of Underlying Net Income for 1H (subject to absolute Net debt/Adjusted EBITDA ceiling of 2.5x).

With this amendment, starting from 2021, Polymetal will pay dividends twice a year on a semi-annual basis.

So no special dividend this year but a bumper final dividend will be announced with results on 3rd March. Capex is forecast to decrease this year from $590m to $560m and we are looking at AISC increasing by at least $50oz. Current metal prices suggest bottom line is on course to increase, certainly in 1st half 2021. I've picked up quite a few and will look for a heavier trading position on any weakness before results as look a good few pounds undervalued.

mickinvest
08/2/2021
21:12
867 - Arf - thoughts as per FRES thread...

Does nobody review his stuff before they publish it?



All the PM miners weak today on strong PM prices. Hey-ho, manana.

imastu pidgitaswell
08/2/2021
21:07
I'm still expecting a special dividend to be announced shortly.
mickinvest
08/2/2021
21:05
Guys...top analyst at UBS has a buy rating on poly with a target price of 2300.

Buy buy buy.

zicopele
08/2/2021
14:32
Wake up...
imastu pidgitaswell
05/2/2021
13:50
The other thing, which I usually ignore, is there will be - not too long away - a very large final dividend.

Not done the numbers (we don't have them) but could be something like (final dividend only, not the full year dividend) 4-5%, or say 70-80p. That will need to be 'built in' to the share price

imastu pidgitaswell
05/2/2021
09:43
sold some at 1632 +47 ,will re buy at 1600 if it get there .
rasl5
04/2/2021
16:01
imastu: just scale in and out ..
rasl5
04/2/2021
15:32
Yes - after you, I'll hold the coats...
imastu pidgitaswell
04/2/2021
15:28
imastu pidgitaswell
4 Feb '21 - 15:21 - 859 of 859
Maybe instead of buying shares we could buy up all the gold in the world? I think that would drive up the price. Bound to help Poly too.

mach100
04/2/2021
15:21
No-one expects it - but what are we going to do about it?

:-)

imastu pidgitaswell
04/2/2021
15:01
re buy at 1585 ,was not expecting this and fres to come back down that quick.
rasl5
04/2/2021
14:15
I'll wait for a good red day in the markets and maybe getting a good sale here for adding, looks great value.
mickinvest
04/2/2021
13:38
imastu : thanks , i only sold 2 lots still have 4 lots ,will re buy below 1600 if it get there .
rasl5
02/2/2021
08:08
Incidentally I mean to say well done yesterday rasl - for me, just take the profits when they appear; if you have more than 1 (and preferably a few) separate tranches, you can just buy and sell when the money is there and not be too concerned about selling too early - while it stays range bound.

There is often not a lot of reason behind some of the daily moves, and it just is what it is - no point moaning about it (although I still do), just accept it. Now you can buy them back (no stamp duty...) when it suits.

imastu pidgitaswell
01/2/2021
23:16
I noticed last year that they announced a special dividend 8 days after posting 4th quarter results on 23rd January 2020. Surely they have excess cash to do the same again this year?
mickinvest
01/2/2021
22:29
My figures also have this as currently significantly undervalued. Personally I see considerable ongoing growth potential with the added benefit of a solid and sustained dividend. For me it's the ideal buy on the dips share and hold to accumulate and potentially reinvest the dividend.
pander45
01/2/2021
21:30
Maybe it's the medium of the communication, but I think telling someone to 'sort your facts out' and then replying to the facts with an equally patronising follow-up is not a debate - especially when we have not communicated before - it is displaying unjustified aggression.

Probably just best left - I know the facts well enough.



Anyway, away from (pure) facts and into the realms of speculation and extrapolation - today was interesting, not least with the pullback; I still think this is hugely undervalued, but it will be clearer in financial terms when we see the 2020 financial results.

Looking at the half year results, and knowing what they have said about 2020 production, 2021 production, 2021 costs, and that we know 2020 average prices and can speculate at the moment what 2021 average prices will be....results in (fag packet spreadsheet):

..............................2021.........2020...........2019
EPS ($).......................1.91.........1.77...........1.02

The real results will make it clearer and correct me for a few things I'm sure, but prices (at 1700p) means this trades at around 13 times 2020 earnings and around 12 times 2021 earnings (obviously 2021 highly variable due to PM prices yet to be determined).

I find that ridiculously cheap (it was even more ridiculous last week) for a liquid FTSE100 precious metals miner with visible production growth through to at least 2025 and the track record that they have, not least during the past year of the pandemic.

imastu pidgitaswell
01/2/2021
17:53
Quite OK thank you. Making an valid argument or challenging an opinion does not imply anger, it's simply a debate. Interestingly the share price dropped on a silver price pull back today. I think my point was that a 10% rise in 14% silver production compared to flat gold for 86% production would clearly drive the share price up? It's the relative interaction between commodity prices and production share.
pander45
01/2/2021
16:10
Right. Are you OK?

Why is everyone so bloody angry - I think it is fair to say the price of silver is not a key factor in POLY's share price performance, compared with gold. If it is the use of the words 'at all' that is bothering you then I apologise. I can even remove them if you want. But relax a bit, huh?

I hope that makes you happier...

imastu pidgitaswell
01/2/2021
16:06
So to say it hardly does silver at all is not factually correct is it? It is a subjective judgement on your part. Semantics sorted.
pander45
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