Evraz Share Discussion Threads

[srpactive] 12/3/2022 07:45

Well if the government can agree to sale of Chelsea, lets
hope the evr situation can resolved.

dyor

[pander45] 11/3/2022 19:21

Yes it would.

[bldm] 11/3/2022 18:53

Mmm yeah I did a small and lucky trade a week ago from 55 to 90 then dropped it. Too risky to f with. I'm better off playing the lottery.

[pre] 11/3/2022 17:27

hxxps://news.sky.com/story/evraz-the-ftse-100-company-part-owned-by-abramovich-that-has-scarred-the-city-12563144

[haggismchaggis] 11/3/2022 16:52

Would Russia seize the EVRAZ assets simply because the country needs the output from those assets, as it can't buy any of those type of outputs from outside of Russia?

Potanin is wrong. If Russia nationalises assets held by companies outside of Russia, such as EVRAZ, it would just sell them off at a huge discount again after the war to create a new line of Kremlin controlled oligarchs.

[coscos] 11/3/2022 13:51

I'm not so negative on developments here. Long way to go and nobody can predict the future. Let's hear what HM Treasury have to say first regarding the sanctions and listing. After that we'll have a clearer picture. Russians and Ukrainians are still talking every day so a turning point could come at any time. I'd happily give up my investment here to see peace prevail.

[the millipede] 11/3/2022 13:42

At the moment they are talking only about seizing assets abandoned by western companies who are pulling out of the country.

Doing that won’t send Russia back to 1917, although clearly that is the direction of travel if this war continues.

[scrwal] 11/3/2022 13:40

The demerger had to be suspended because the Moscow exchange is still closed so no transfer of RASP shares can take place anyway - planned date was 7 April.

[fenners66] 11/3/2022 13:36

Tiger - my thoughts exactly over a week ago.
Putin believes the west is waging economic war against him - so he will fight back and presumably triumphally announce to the sheep that he has saved Russian businesses for the Russians - (Russian mates )

[tigerbythetail] 11/3/2022 12:57

Here's Potanin (one of the more moderate and sensible voices in Russian business) warning against the Kremlin's forced nationalisation plans.
www.themoscowtimes.com/2022/03/11/russian-oligarch-says-nationalizations-will-take-us-back-to-1917-a76878
Expect this plan to go ahead, regardless of VOP's reservations.

[tigerbythetail] 11/3/2022 12:51

RNS out - Raspadskaya demerger suspended.
IMO, many on here are asking the wrong question. It's not what the LSE / UK authorities do that really matters; it's what the Russian authorities do that is key.
Any money the Russian authorities will confiscate / expropriate ALL the Russian assets of Evraz and place them inside a new all-Russian structure. I don't expect Abramovich to lose out in this process. But I do expect all foreign shareholders to get nothing.
Evraz itself will be left with only the North American assets and a mountain of unpayable debt. Result - bankruptcy.
This is how Russian business works.

[nemesis6] 11/3/2022 12:29

"plenty of chances"....??? still a strong business war WASNT announced

[johnkidd1] 11/3/2022 11:59

Not a Russian stock. Only a third of assets in Ukraine. And Abramavich only had a 29% stake in company which he can probably sell off market in a deal. So why punish the other 71% of legit stock holders. Your ignorance is astounding.

[chesty1] 11/3/2022 11:38

nemesis611 Mar '22 - 09:30 - 114 of 114
0 0 0
....erm plenty of people owned these BEFORE the invasion??!!

Then as soon as WAR was announced they should have sold out.....Plenty of chances to do so!!!!

[mustau] 11/3/2022 11:01

lets no forget the companies providing steel to make knives, sold by retailers to be used as weapons.

Remember this country drew a line during their last days as an empire, knowing full well it would lead to the death of millions. A poodle will always wag its tongue!
MFS

[markus1970] 11/3/2022 09:52

EVR suspension shows, despite many small shareholders opinion to the contrary, that the LSE have our best interests at heart. The stock was suspended, we were told, to protect shareholders while the LSE sought time to clarify the situation, as the troubles in the Ukraine have only been ongoing for a couple of weeks which we know is insufficient time for the LSE to make any decision. Only a cynic would think that the LSE’s eventual response will be in any way influenced by whether or not they will be allowed to accept company fees from EVR. That cynic might also keep a close eye on any EVR share holding RNSs that appear in the future.

If the EVR suspension is upheld then how will that effect American and other companies that have been buying steel from EVR’s American and other world wide businesses? Will those companies also be sanctioned?

Some reading for those interested in what sanctions are supposed to apply to

[srpactive] 11/3/2022 09:32

Did you read the last set of results?

Suspension will be lifted somehow as if the UK
government do not sort Chelsea out he will have
the headhunters to deal with. If he sorts Chelsea
with 100% AB ownership Evraz with 30% will be sotred
too I hope.

We shall see.

dyor

[nemesis6] 11/3/2022 09:30

....erm plenty of people owned these BEFORE the invasion??!!

[tigerbythetail] 11/3/2022 09:03

Da, Sapporo, ya pomnioyu khorosho.
Do you remember Abramovich running errands for Berezovsky as well?

[taras73] 11/3/2022 09:02

There is so much self-righteousness here lets start with ourselves - where all that stolen wealth from Russia and other former USSR republics has been flowing to, into whose pockets here?