Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.
EVR will be traded on a London exchange at some point, its not even worth discussing that.
How the company may look then and its SP is anyones guess.
The thing I really don't understand is why anyone enters into an exchange with a poster who not only does not hold the stock, but has nothing of credible substance to add.
It just feeds whatever bizarre motive the poster has.
It does amuse me to think that some random believes they have any impact on the market, or indeed any sensible investor.
Its just weird.
I'm looking forward to Monday when hopefully the information will be puiblished by AV.
The record time for entitlement to B shares and the Share Consolidation is expected to be 6.00 p.m. (London) on 13 May 2022 in respect of the existing ordinary shares, so there is ample time to mull it over.
BoracicLint
Market tend to look ahead not back, so the question begs were the markets aware of the risk of the war to the extent that they had factored in a drop. I don't know the answer of course, it just got me thinking.
In relation to the SP on confirmed peace, I am not so sure it will be a slow climb. I think initally there will be quite a big jump, no way I can predict how big but I don't see a £5 or£6 SP unrealistic in just a few days. There will likely be a lot of PIs who don't understand the value and take the profit and it will bounce about a bit. Then there will be a slow and steady rise, but not anywhere near the previous highs. That will take time as I have no doubt that its not only PIs who got burnt with this. I had a few at pre war prices as I just didn't believe Putin would actually instigate what has happened and thought I had a bargain. Since then I substantially increased my meager holding and now hold 5090 of this stock at an average of £3.9025. I see tremendous potenial value at this price, although of course wish my average was lower. But then I'm no trader, just an investor. I take my hat off to those with the skill to trade, but for mere mortals like me, I just buy and hold. Fortunately I make far more good decisions than bad these days, it wasn't always so.
oxygen
I agree that IMHO I think its unlikely the dividend will be paid, I've not seen such a high return in relation to the SP before.
I don't see that as a negative, the cash hasn't vanished, its still within the company which in effect impacts it true value, it will either be used by the company for development, or to be spread over several payments to enhance future dividends and retain shareholder interest.
I,ve said it before, don't buy this for the next dividend, just ignor it, and if we get something it will just be a nice surprise. Buy it if you see value, and for the future dividends in the years ahead.
downbutnotout
Another total knob blocked.
While I appreciate different views and accept that everything isn't rosey with this stock, I would like to think at least 50% of the people on here are aware of the risks. Those invested here could indeed lose everything, its a possibility and anyone thinking otherwise is fooling themselves, but I think it is very unlikly outcome.
However your constant bull is neither worth reasonable discussion or consideration.
I am not sure that it could be a total write off. Assets are also held outside of Russian control, so substantial loss is possible, but everything unlikely.
leesteuk
The answer is of course unfortunately no for many reasons.
I do not mean to be condesending, but I suspect you are quite new to investing.
I can understand why you are interested in these two stocks, but investing is about risk management as opposed to trading which is a close cousin to gambling.
I urge you not to invest solely based on historical prices/dividends, that way lies only madness and misery.
I bought on Halifax at 08.55, 09.00 and at 11.22 today.
I had a little trouble with the first one which was 2257 shares but the last one for 2305 shares went through right away.
Just an observation, not a comment one way or the other.
I personally don't feel hard done by, the RNS came out the day before the drop, and there had been a couple of previous RNSs in the lead up to this, I had time to sell at the higher price based on the information, but just talked myself out of it.
I only hold 24 stocks, and its quite unusual for me not to have a quick glance through any RNS relating to them, if I see something of note I do a bit more digging, but usually it only takes me around 10 mins a day.
Personally I'm ignoring the dividend prospect, in the short term it may get paid or it may not.
My focus is concerning the price I buy at, do I think I'm getting value.
In my opinion no matter what realistic outcome, POLY will continue to exist in one form or another. It may even be that in the future it will become difficult to buy and sell the stock, but I will still own it, and difficult does not mean impossible.
At <£4 I see more than enough value for my risk/reward profile, and I would consider myself quite risk adverse.
POLY only amounts to 5.39% of my portfolio, so it may hurt me but it won't stop me dead in the water.
I am unlikly to add more as I like to keep everything around %5 max of my investment, although admittedly currently a few are sitting around %7 but will look at that in the next tax year.
I use my bank Halifax, they are pretty good.
You should consider whether any loss incurred by acting too quickly would outweigh any CGT.
If you held a stock at initial investment value of £10000, and it bagged to £20000 when you sold/tranferred thats below the CTG threshold and you have already maxed your ISA.
I am looking to do this with some other stocks.
My circumstance may be different, but hopefully it may still help.
I retired early a couple of years ago with a tax free lump sum, inherited a small sum, and moved house to a rural area which generated funds. As a result my wifes ISA and mine have been maxed out for the last couple of years, so the bulk is invested outside an ISA.
I am unlikely to have large sums to invest going forward, but have the enviable problem of moving stocks into the two ISAs over the next few years.
I have come to the conclusion that with one possible exemption (AV.) there is no rush as long as I max out my ISA allocation each year.
I am priortising those stocks that pay the biggest dividends as there is not much else I can do to manage the tax liability after the £4000 allowance ( spread over the two bed accounts).
CGT is easier to manage as I can manage that to some degree making use of the £24000 allowance ( again over the two bed accounts).
In the current volitile climate I am waiting for SP movements to settle a little, as to transfer stock manually will take me 2 to 3 days. I need to sell the stock in the bed, wait the 2 days for funds to clear, transfer that cash to my current account and then back into the ISA to re-purchase the stock.
It may be possible to sell the bed stock and buy the ISA stock over the phone through my bank, which could be completed in a day, but I will check with my bank nearer the time.
With some stocks in more normal times I can look at price movements around the XD dates, and it might be possible to sell high pre XD and do better than taking the dividend when accounting for the tax etc.
My only real advice is take your time you have 12 months, and can manage the CGT. Don't forget you can also offset CGT implications with any loss incurred in both this and the last tax year.
It would appear at the moment I made an error, I bought EVR at an average of 54.77p and held off buying POLY for too long.
Hopefully it will all even out.
With hindsight I should have bought both, the overall risk would have been similar at the time of purchase which was 3rd March.
hydrogen
I'm not sure I would call it a 'punt'.
I conceed that many will have been burnt with this stock, and I think investors both retail and institutional will be very cautious regarding stocks with Russian links for some time.
However if I look forward a year I think conservatively a 50% rise in the SP is probable.
If I extend that view further I see this as a long term dividend provider at rates locked in at todays investment price that I am unlikly to replicate again in my lifetime.
To be honest any rise in the SP is immaterial to me as its only relevant if I sell, which I think is highly unlikely.
I've added another 2785 shares as its still cheap at these prices and general sentiment seems to be improving.
The fool is excellent to highlight stocks to look at that I may not normally consider, but for goodness sake don't buy or sell anything on the back of their comments. I have found some dreadful mistakes in the information they comment on.
In their defence they did bring AAF to my attention, and after a few days of research I bought in. 9 months later its showing me a 38.16% profit.
If the news is indeed as positive as I think it may be I will be increasing my holding. It will cost me a little profit to wait but reduce risk, its just how I work.
I would expect to see a rise in the SP in response to the news, it will then settle somewhere between where it is now and the peak, so my intention is not to pay the peak price but somewhere between the two.
In my view there is still plenty of time, once sales start in earnest, that is when we may see a steep increase in the SP.
For those who are less risk adverse it is IMHO likely that you will see very good returns on early investment at these prices.
I think its safe to say that sadly the world has changed a great deal over just a few weeks.
Already many countries are reviewing their defence budgets, and we are very likley to see an increase in defence spending, some of which will result in orders from BA.
It is my belief that BA. will outperform over the next 2 years.
I hold AV. both inside and outside an ISA. I simply didn't have the ability to sell the stock outside the ISA, transfer the funds into the ISA and re-buy the stock due to the annual ISA limits.
I'm going to wait for more clarification on the 4th April before I finally decide on a course of action, but I'm considering selling the stock outside the ISA on the 5th or 6th April and transferring the funds into the ISA to re-buy AV.
Looking at the historical data, even accounting for the 2 to 3 day lag it will take for the process I expect to make up for any dividend loss, due to a slightly lower post dividend SP.
I will have to consider how the B share issue will impact the SP, but don't have sufficient information to base that decision on as yet.
I'm not comfortable with this as despite investing for around 30 years, I am definately not a trader. I tend to buy and hold. I am now retired and no longer invest fresh funds large enough to exceed the ISA limits but am in the process of moving stocks from the BED into the ISA, so any views or insights would be gratefully recieved.