http://www.kitco.com/charts/livegold.html

cheers GF.

What's happening to POG?

Following Gold price ie, down. Seems to have been some strange MM action in this stock of late though.

Could it have anything to do, even remotely. with forthcoming
election?

i'm afraid this one often reacts strangely = generally badly

POG Petropavlovsk Gold

Well the SP action of the last 2 days
has left POG on a extremely cheap rating
going forward.

Just look at these figures, I know not always
idealy the best way to value a miner but
all the same far far too cheap compared to
competitors and peers on the market in fact
on the world market.

Just look at the P/E and EPS!!!

Begs the question will this be looked upon
as a takeover target aswel.

Petropavlovsk

ForecastsYear Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-11 754.13 247.63 96.25p 7.0 0.0 +511% 11.91p 1.6%
31-Dec-12 863.82 288.29 110.97p 6.1 0.4 +15% 14.05p 1.9%
31-Dec-13 1,023.44 341.78 138.92p 4.9 0.2 +25% 16.18p 2.2%

Digital Look


511% increase in EPS for this year.

A forward P/E of just 4.9 to 2013.

Far far too cheap.

Performing way below my expectations!

Looks like 600p is on the cards, hopefully followed by another bounce to 800p!

POG Petropavlovsk

Huge Broker Upgrade....

Petropavlovsk
FTSE 250
Basic Materials
Buy
942.03
613.5
53.6%
VTB Capital

SP Target 942.03p 53.6% upside.

POG

Broker views.

Petropavlovsk Broker Views

Date Broker Recommendation Price Old target price New target price Notes

23 Mar Numis Add 621.75 - 800.00 Retains
21 Mar Numis Add 621.75 810.00 810.00 Retains
12 Mar Numis Add 621.75 810.00 810.00 Retains
12 Mar Nomura Neutral 621.75 910.00 910.00 Reiterates
09 Mar Numis Add 621.75 810.00 810.00 Retains

We'll see what happens on Wednesday.

Gold shot up this afternoon. Told berwanky has been speaking.

meanwhile POG underperforms stunningly

A rating cut but look at the
target SP and the broker

BRIEF-RESEARCH ALERT-Goldman Sachs cuts Petropavlovsk price target
27 Mar 2012 - 08:26

March 27 (Reuters) - Petropavlovsk PLC :

* Goldman Sachs cuts Petropavlovsk PLC price target to 980P from 1150P;

rating neutral ..................ends

A 980p SP target from Goldman Sachs

CANT BE BAD.

.....If you believe it. Not too convinced by brokers atm. Seem to have wildly differing target prices with no time scale.

sp needs to get above +/-725 with impetus if it is not just going to flip-flop around

Petropavlovsk Broker Views

Date Broker Recommendation Price Old target price New target price Notes

27 Mar Goldman Sachs Neutral 619.25 1,150.00 980.00 Reiterates
23 Mar Numis Add 619.25 - 800.00 Retains
21 Mar Numis Add 619.25 810.00 810.00 Retains
12 Mar Numis Add 619.25 810.00 810.00 Retains
12 Mar Nomura Neutral 619.25 910.00 910.00 Reiterates

Look at the Goldman projection for RRS and it looks
as if Goldman is not infavour of gold generally at the moment:

26 March: Goldman Sachs reiterates Sell and has lowered TP from 7000p to 5500p.

Nomura has RRS on "buy" and TP at 9850p.

and the market continues to say bollocks to the lot of you and them

Just appeared on IG Index broker
list

Petropavlovsk Neutral/Attractive 980 57.2% Goldman Sachs

980p SP target 57.2% upside.

POG Petropavlovsk

Brokers are certainly behind the stock.

P/E of just over 6 to end of 2012, far too cheap.


Petropavlovsk PLC

FORECASTS 2011 2012
Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Numis Securities Ltd
22-03-12 ADD 96.55
Canaccord Genuity Ltd
17-02-12 BUY 241.28 97.78 6.98 221.60 87.62 8.25
Broker Name Withheld 3
21-10-11 BUY 283.71 102.77 10.20 339.82 116.93 10.20
Fairfax IS
20-10-11 BUY 134.00 18.80 163.00 19.30

2011 2012
Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Consensus 223.57 91.33 8.96 240.05 101.45 9.96

1 Month Change -24.56 -8.17 -1.55 -15.54 -1.13 -0.47
3 Month Change -19.06 -5.47 -3.47 -64.65 -13.31 -1.65


GROWTH
2010 (A) 2011 (E) 2012 (E)

Norm. EPS -48.25% 212.68% 11.08%
DPS % -10.35% 11.11%

INVESTMENT RATIOS
2010 (A) 2011 (E) 2012 (E)

EBITDA £144.77m £352.29m £358.18m
EBIT £97.86m £281.93m £282.81m
Dividend Yield 1.62% 1.45% 1.61%
Dividend Cover 2.92x 10.19x 10.18x
PER 21.19x 6.78x 6.10x
PEG -0.44f 0.03f 0.55f
Net Asset Value PS 361.44p p p

Hemscott premium