Polymetal Share Discussion Threads

[wisteria2] 03/3/2021 09:43

Maybe just dropped back for the gap!

[johnybigarms] 03/3/2021 09:31

4.35% dividend paid in May at the current prices, that’s stunning, with 2021 looking even better, I have £100k in savings earning me 0.375% in the same 6 month period, POLY are paying me nearly 12 times the interest of my savings account, POLY is a great place to park some of my spare cash, very happy, I’m a late comer here at £1470, purchased a week back as I expected top results, precious metals will rise in 2021, Silver especially, but I see gold breaking $1900 dollars very soon as inflation becomes more than just a talking point, but a reality, Gold will react accordingly, will be buying more if the Market continues to get this valuation wrong, although I’m expecting a rise this afternoon after the news is digested.

[imastu pidgitaswell] 03/3/2021 08:59

I do have a good few FRES as well - roughly 2:1 in terms of current value in favour of POLY.

You do have to scratch your head at the reaction to what has just been reported. While not a surprise, sometimes 'they' do need to see it in hard numbers. Yet still they don't react. Just keep buying OCDO, I guess...




11.30 for the results call - if anyone wants to risk being charged (they say it's free...)



Or there is the weblink:

[mickinvest] 03/3/2021 08:56

At this rate we will be under £14 when it goes EX-divi beginning of May if not before !

[scepticalinvestor] 03/3/2021 08:51

Will buy more if we hit the 50s

[scepticalinvestor] 03/3/2021 08:51

Lol even FRES is higher than POLY todayBit of an odd reaction...

[imastu pidgitaswell] 03/3/2021 08:47

:-) Spoken like an accountant...

As per posts over the previous few weeks, it's the future that underpins the case for this:

- there are no production troughs, just growth through to 2025 and beyond

- costs remain under control (down in 2020, so a little higher, more like 2019 levels in 2021)

- debt being paid down through pure cashflow

- 2021 results will be even better than 2020, even at current reduced PM prices, as they exceed the 2020 averages

- dividend levels will be at least maintained or will grow. 6%+ annual dividend in the current interest rate environment.

All the while PM assets in the ground - that we own - grow and debt is paid down.

This is an astonishing mis-pricing - they do happen.

[interceptor2] 03/3/2021 08:42

imastu, everyone has different expectations, my understated "rather good" could translate into "fantastic bonkers" with many others.

Under promise and Over deliver is best policy. :-)

[imastu pidgitaswell] 03/3/2021 08:30

1115 - I'd love to see what you would call a great set of results if these are 'rather good'...

😉

[scepticalinvestor] 03/3/2021 08:25

And here is the sell off Annoying

[scepticalinvestor] 03/3/2021 08:10

Nice - great start today for my 2 top holdings - MCRO and POLY

[pander45] 03/3/2021 08:07

Great results. Full stop.

[mickinvest] 03/3/2021 08:06

A PE of 9 at £14.90, madness in this low interest rate environment!

[action] 03/3/2021 07:56

In stg £=$1.40.Earning per share £1.6428.Final divi per share £0.6357p

[interceptor2] 03/3/2021 07:49

These are rather good results I really can't see any negatives and the dividend increase is the icing on the cake with a yield of 6.6%.

Having said that the share price will probably fall today looking at recent unfathomable price action here.

I never average down but might make an exception with the yield available.

[rogerramjett] 03/3/2021 07:36

Very good set of results. Any further share price weakness would be ridiculous and would force me to add more to my ISA.

Would love to see gold go on another run as POLY looks amazing having only taken a position yesterday. Not going to anticipate the share price direction as at the moment not much makes sense.

[mickinvest] 03/3/2021 07:25

Total dividend for the year $1.29

6.4%

All whilst having record capex, during a pandemic and cutting debt.

[scepticalinvestor] 03/3/2021 07:24

lol well put my friend!

[mickinvest] 03/3/2021 07:22

Couldn't have put it better ip!

Probably open down! :-)

[togglebrush] 03/3/2021 07:11

EX DIV DATE: 06 May 2021

RECORD DATE: 07 May 2021

LAST DATE FOR CURRENCY ELECTION: 11 May 2021

PAYMENT DATE: 28 May 2021
'
Final dividend declaration of USUSD 0.89 per share

[gateside] 03/3/2021 07:10

Dividend up 57%

[scepticalinvestor] 03/3/2021 07:06

chuffed with that. huge divi uplift

[mickinvest] 02/3/2021 15:08

Nope, still waiting as well.