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

cheers GF.

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

Petropavlovsk to Report Record Growth Phase as Production Levels
By Naresh Kumar | March 27, 2012 1:24 PM GMT

Petropavlovsk, the Russian gold exploration company, has increased the production target for the FY 2012 by 11 percent to 680,000oz compared to FY 2011 and a compounded yearly growth rate of 26 percent since the group first listed in 2002.

The production target considers the commissioning of the new milling line at Malomir in July 2011 and of Albyn in November 2011, the optimisation of the mining schedules following latest additions to its reserves and resources base, its fresh approaches to mine planning and production forecasting adopted in the fourth quarter of last year.

But the target does not consider the decision to move forward the planned extension of Pioneer and Albyn to Q3 2012 from 2014.

In line with the prior year, Petropavlovsk is set to publish a mine-by-mine production breakdown together with its preliminary results on March 28.

Commenting on the group's full-year trading, CEO Sergey Ermolenko said: "2011 was a successful year for the group. 2012 is poised to be another milestone year in the development of the group. It will see the commissioning of the previously mentioned additional RIP circuit at Albyn and the fourth circuit at Pioneer as well as the flotation plant at Malomir. I am confident in our ability to develop our POX hub at Pokrovskiy in line with the targets we have set ourselves. I look forward to updating shareholders on the development of this exciting new growth phase in the group's history later on in the year. We expect all the main inflationary pressures which were prevalent during 2011 to continue into 2012. Together with the scheduled decline of grades at all our mines, they are expected to result in some further increases to the group's costs of production. The group's management will continue to focus on our cost control programme which was successfully implemented during 2011."

According to the Petropavlovsk's trading update for the year ended December 31, 2011, its total attributable gold production increased by 24 percent to 630,100oz, beating its full year production guidance of 600,000oz given at the start of the year.

During the year, the group's total gold sold was 676,000oz, up 51 per cent compared to 2010. The robust sales figures reflect the large quantity of gold sold at the beginning of the year as a result of the company's high production levels in the fourth quarter of FY 2010.

"We expect these results will be well received by the market, boosting confidence in the group's ability to deliver," said analysts from Collins Stewart in a note.

While Citi added: "With this result Petropavlovsk has demonstrated that it can meet and exceed its targets."

Below is a summary of sector comparisons in terms of price earnings, earnings per share, dividend per share, dividend yields, return on equity and price-to-book ratio. The table explains how the company is performing against its peers/competitors in the sector.The table below represents top ten companies based on market capitalisation.

http://www.ibtimes.co.uk/articles/320047/20120327/petropavlovsk-plc-ftse100-lse-earnings-outlook-uk.htm