Evraz Share Discussion Threads

[zangdook] 18/7/2022 17:06:01

Perhaps, but the next one will be terrified of being called 'soft on Russia'.

[novicetrade68] 18/7/2022 15:55:17

As an alternative now BJ is gone, EVR can perhaps also re-request the FCA/OFSI to resume trading on the LSE so a £5bn company can be kept in the country.

[novicetrade68] 18/7/2022 15:50:32

Retaking the register should allow EVR to buy back all outstanding shares at some point in the future, perhaps reregistering with a UK friendly stock exchange abroad is then on the cards too, UK brokers should then be able to transfer UK holdings digitally probably.

[casket1] 18/7/2022 14:27:05

Some sort of class action suite against the UK government if someone was prepared to take it on.........not sure how, or if it would work

[boggy] 18/7/2022 14:03:43

Wakeyinvestor, I am in the same position as you - didn't sell as mine were in my ISA. I think it is very unfair if we lose our money, given that they were suspended by our government, surely there is some recourse from them. They were quick to recompense those that lost their money with Icelandic Bank some years back, I don't see any difference....apart from that wasn't as a result of the UK government.... Interested to hear others view point.

[scrwal] 18/7/2022 12:13:35

Having sold prior to the RASP demerger earlier this year I have been fortunate.

My take on things is that the shares cannot be traded and it is somewhat "convenient" that the company itself will maintain the register. This to me means only one thing and that is EVR will buy back all those shares held by non Russian parties at some point. It already has loads of cash especially from the cancelled divi. It would be surprising if any offer was higher than the suspended price and could well be lower as any approval would automatically pass because of the Russian holders.

[wakeyinvestor] 18/7/2022 10:36:39

Another irritable. We can’t sell our shares before 19 August as trading is suspended. Therefore we have no choice as far as I can see but to go to a paper certificate. Not sure how AJ Bell / Hargreaves etc will deal with this as they will no longer be nominee and yet my Evraz shares are held in an ISA. Hopefully Evraz itself continues to trade as before, albeit with the sanctions restrictions, and that our shares continue to have real value. If that is the case, we just need to be patient.

[basem1] 18/7/2022 10:10:43

Very unlikely we will see any return now

[basem1] 18/7/2022 10:10:03

I would suggest getting your crest shares transferred to a paper certificate as they are not tradeable after the 19th Aug Then you have a slim chance of recovering the money via the company itself

[luckyclicker] 18/7/2022 09:57:35

Can anyone explain the rns is there anything an ordinary shareholder needs to do thanks in advance for your reply

[basem1] 18/7/2022 09:55:18

Not sure But I hate all these organisations like computershare, equiniti and similar They are only in it to scam investors out of large fees

[maxplus2] 18/7/2022 09:48:06

What's the rationale behind this rns when shareholders can't sell anyway?

[basem1] 18/7/2022 09:26:41

I have asked my broker for the best course of action here but I feel it is unlikely we will see our funds again

[casket1] 01/7/2022 09:15:25

Aaahh, if only they were paying a divi

[plasybryn] 30/6/2022 20:35:08

Regardless of the challenges and uncertainties of 2022, I am proud to report that we delivered solid
financial results in 2021. Total EBITDA reached US$5,015 million mainly attributed to higher sales
prices of steel products, coal, and vanadium. EVRAZ reduced its net leverage and ended 2021 with
net debt/EBITDA of 0.5x. Overall, EVRAZ was able to generate strong free cash flow of US$2,257
million implying 121% growth y-o-y.

[gfrae] 22/6/2022 09:44:33

When, where, and/or if they are relisted is much more important to me.

[mcyi9cw3] 21/6/2022 20:09:12

I'm more interested in half yearly results at the beginning of August.

[gfrae] 21/6/2022 10:10:03

Next week's AGM , on the 30th I think, could be enlightening, and should be well worth attending, even though the government may not allow them to give us any biscuits.

[scrwal] 15/6/2022 12:16:56

Now that RASP is apparently back in the fold this is interesting , I wonder if it is mitigated and what is costs to do so

[dancing piranha] 09/6/2022 13:59:42

Wish I could buy some, best performer on my watchlist today, yet again!!

[gfrae] 06/6/2022 21:33:39

It is a big deal, not only is there a financial loss. The loss has been caused by thr British Government, with little or no explanation, if the Russians had done it we would say it was theft typical of a kleptocracy. I thought we claimed some moral high ground a "rules based system" or someother guff !