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RazB...I think you're on the money old chap; think NATO read him the riot act at the summit it seems. He is going back to Ukraine needing to make gains, but he knows he will be ordering them to run into a firing squad and certain death, and soldiers know it. Don't be surprised if Zelensky and Ukraine starts making peace overtures over coming weeks and dropping the line which states "No peace talks until Russia withdraws from all Ukrainian lands occupied."
It really has hit the headlines today including on Sky, and at a time when support for Ukraine is falling in UK. They want more, more and even more without showing progress on the ground or showing any gratitude as Ben Wallace said.
Continuing with this war is futile for Ukraine and I won't be surprised if NATO have been given an ultimatum to either show substantial progress on the ground or enter peace talks. And Zelensky ordering Ukraine soldiers to move forward is tantamount to ordering them to run into and towards a firing squad
This NATO summit has most definitely been a downer for Ukraine.
Where do you go from here?
Decent reputable financial source don't pay much attention to the likes of CINE. Wolfie, you are coming up short each time you make a statement; I've noticed you keep moving goal posts when cornered.
Tegsy...you should know a lot of CINE holders have held onto CINE shares banking on that.
Tegsy...what's happened to the secret chamber loaded with gold reserved exclusively for CINE shareholders and out of reach and agreed with creditors?
Article states:
"The Greidinger, whose family trust owned roughly a fifth of Cineworld, are said to be in line for the vast majority of the cash."
I think I've already said the company have not provided breakdown but mookster got way way more than the rest.
"Can you provide source on who gets how much of the consultancy fees? Thanks."
https://www.screendaily.com/news/cineworld-management-team-in-line-for-35m-exit-payout-report/5183223.article
For Ukraine, this is an unwinnable war and sooner they grasp that and do something about it the better. I can see the current Russian line holding going into yet another winter, when Zelensky will start threatening about the next spring offensive which will then start in mid summer of 2024.
Ukraine cannot win this war and that is a given, hence all Ukranian deaths/destruction/ displacements will be in vein and could have been avoided...only if they had an intelligent experienced politician lead the country instead of a comedian.
Manan...and yet the sp is rising. This may be due the fact increasing numbers of investment service providers are no longer taking buy orders but are holding POLY shares on behalf of clients whose only option now is to sell as most are also no longer issuing certificates. They will pursue this policy right until the shares are delisted in the near future.
The sp however continues to rise as it is converging with the price on the AIX which currently stands at 244p. It should hit parity with the price on AIX by the date it delists as the shares listed on AIX and LSE are exactly the same; they carry same divi, same voting rights etc.
Probably Tegsy or Chaiwala averaging down
Maidit, it could be Tegsy....who is well known for such irrationality!
Tegsy...you are wrong, as they have not provided breakdown as how it should be shared. I read somewhere that overwhelmingly it was for the mookster, with small amounts going to 3 other people including Mr Cohen the CFO (to stop him spilling beans on mookster's money dealings), his brother Israel Greidingbell and one other person.
Wolfie...the mookster is hardly a top CEO when company is about to go into receivership. Frankly speaking, he never was a top CEO even when it was trading normally.
I repeat, he got the $32m only because he held 25% stake in the company.
I have not heard of another company the size of CINE going into receivership where CEO walks away with as much as the mookster have. They have not provided breakdown of the $32m, but it wouldn't surprise me if $31 has gone to the mookster and the other 3 shared $1m or even less.
May be our leraned friend Wolfie can provide an example.
Very slowly indeed...70 sq miles so far, the area tad bigger than Kingston Upon Thames and very rural area as well; neither here or neither there. And the fear.......
https://www.republicworld.com/world-news/russia-ukraine-crisis/ukraine-will-lose-more-territory-if-counteroffensive-fails-says-elon-musk-amid-war-articleshow.html
Peace best option for Ukraine
CWWX...I agree, but Wolfie (Mooky's mouthpiece) thinks different.
" there is a clear distinction here between Mooky receiving something for his shares which was never going to happen"
Wolfie...you're at it again. There's no way the mookster would have got $32m if he didn't own 25% shares in the company. He did get paid for his holding under guise of consultancy.
You have already tried arguing this and failed miserably!
BSR...purchase of an asset have no impact on level of profits in a particular year as cost of an asset isn't set off against profits in arriving at EBITDA ie. purchase of an asset doesn't result in lower profits. Annual provision is made in the form of depreciation of an asset and this charge is taken below the line. Asset purchase have no impact on Operating Profit or EBITDA (Earnings Before Interest, Tax, Depreciation and Amortisation).
Hope it makes sense.
Second RNS is a vote of confidence where POLY is today. One would easily have thought in times of crisis and higher debt levels, the company would be on the defensive and consolidating position. It is doing more than that, it is shelling out money buying more assets and diversifying away from Russia at the same time.
With high gold price and favourable exch rates, cash is pouring out of POLY's ears atm; and like I've said before we're in for a bumper year.