Evraz Share Discussion Threads

[sankshiela] 22/5/2022 09:15

BLDM IS A COMPULSIVE LIAR

[dancing piranha] 19/5/2022 13:43

Nice and steady in these turbulent markets!!

[tommygriff] 19/5/2022 13:36

Probably had a UK website company and they have had to take it down with the sanctions?

[mcyi9cw3] 18/5/2022 22:08

Has been for a while

[gfrae] 18/5/2022 15:20

The Evraz website is down.

[casholaa] 17/5/2022 10:29

I'd like to see a referendum if Boris or Biden/NATO want to take us to war. As for you lot, at least you've not been sanctioned, so it ain't all bad.

[zangdook] 17/5/2022 08:26

I challenge you to find any serious commentator who believes Putin wouldn't easily win a free and fair election.

[davius] 15/5/2022 21:23

Another loony conspiracy theorist nut job for the filter bin.

[finkwot] 15/5/2022 04:41

I don't agree that "sanctions are necessary". It's a stupid trend, a cowardly form of warfare which like war hurts both sides but unlike war never achieves a fast resolution and usually never achieves anything. The sanctions on Russia and Russians go far beyond even what we've become used to in recent years. Previously we starved North Koreans, caused countless deaths of Iraqis by depriving them of medicines, and caused Iranian civil aircraft to crash for lack of spare parts, but now the entire concept of property rights is being destroyed. Assets can be seized just because someone is asserted without proof to be somehow associated with some political leader. When the UK and US started illegal wars of aggression were Richard Branson's assets frozen? Rupert Murdoch's? Was Prince Andrew's Swiss chalet seized to pay for the reconstruction of Belgrade? Now even central bank assets can be "frozen" and may never be returned. Do the people doing this have a vision of a new order to replace the old order they are demolishing, beyond "we're allowed to do what we want, and you aren't"?

On a related note, it's hard to think of a more extreme example of robbing the poor to feed the rich than the USA helping itself to the assets of the Afghan central bank.

[sbb1x] 14/5/2022 23:12

Switzerland has released around $6.3bn in sanctioned Russian assets because according to them we can't freeze capital if we don't have sufficient grounds.

[scrwal] 14/5/2022 18:35

gfrae

Your assets have not been stolen as you still hold your EVR shares but you can't trade them.

In a conflict scenario there is always collateral damage directly or indirectly. Sanctions are necessary and Putin and those directly linked or associated with him will be targeted including oligarchs like Abramovich but in doing so "innocent" people get caught up in the cross fire.

Although Abramovich holds less than 30% EVR was under Russian control as 2/3rds of the shares were owned by them so it was an easy target. Have you ever considered why the company never declared a final dividend only interims - was that the boards own idea or were they eased in that direction so that no formal voting approval was ever needed.

Fortunately the company hasn't come under any of Putin's rhetoric or hints at nationalisation but has carried on trading as best as it can but that could all change and then company assets will be stolen.

[gfrae] 13/5/2022 16:03

The application for basic needs request if allowed does not mean the shares can start trading again.

Only that they can pay the electricity bill.

[gfrae] 13/5/2022 15:50

Is it ?
It appears the UK Government has taken away my property rights.
How is the UK government able to steal the assets of a UK citizen who has done nothing illegal ?
Normally if something is stolen from you would go to the Police. What does one do when the thief is the state ? The state hardly even bothers to give a justification for the theft.
Any suggestions ?

[novicetrade68] 13/5/2022 13:55

A step in the right direction hopefully, if OFSI issues/will issue an (amended) license the share can start trading again.

[novicetrade68] 11/5/2022 00:10

More than a few of these Russian assessments are also turning out to be wrong or incomplete or pending further information, so perhaps there should not be much reason to keep the EVR share suspended any longer unless it is someone's goal to screw PIs- which court the ball is in at the minute seems more difficult to analyse, hope the FCA is not forgetting the below 30% rule re major share holders, so this can resume trading again soon in their new off-FTSE100 status..

[dancing piranha] 09/5/2022 15:07

One of the better performing shares today!! lol

[novicetrade68] 06/5/2022 16:15

HK/Asia are certainly a lot more friendly towards Russians and probably have the best future together. A suggestion elsewhere could be a possibility too and would certainly be the best outcome for shareholders + with the company staying in the United Kingdom.

'It may be possible to insert another holding copmmany located somewhere friendly between PLC and the Opcos, and then liquidate PLC. We end up with shares in the new Holdco. They are working on that sort of thing hopefully.'

[zangdook] 06/5/2022 16:03

Hong Kong would do, there are other Russians there, and it's probably easier to access than Riyadh.

[novicetrade68] 06/5/2022 15:13

Alternatively, the company could relist on a UK friendly exchange, NY, Toronto would perhaps be difficult but should hopefully not be ruled out, may be once Biden is gone, otherwise perhaps Riyadh / India / Frankfurt / Israel exchanges could be an option, whichever, at least UK investors would not lose out then - with some stockbroker assistance and have the shares moved onto a new exchange.

[careful] 06/5/2022 13:49

Maybe relation will be normalised with Russia quicker than we think.

Everyone is suffering and as soon as they have tidied up in Eastern Ukraine and Crimea we could get a deal.
With luck this could be over quickly.

Germany must be hoping that by the time Russian oil is cut off in 6 months the things will be settled.
that must be Putins aim also, things would get difficult thereafter.

And the basket case UK economy is as desperate as any for a deal.

We EVR, POLY shareholders have our own motives.

[mustau] 06/5/2022 13:39

Last time I checked it was North Korea, Burma and China.