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All numbers are now in 3 reports available.
The facts i wrote before… clearly you have no idea from accounting …
No ESO is coming and the AGM will reconfirm this.
Looking forward to the AGM
To All sellers - I have replied to all the emails - please check and also check spam folder - some mail servers put all RU mail in spam for some reason. Thank you!
There are levels of entities. Rasp has money, Evraz metal Russia has usd 1,7 bln debt, Evraz PLC is in default on bonds and has very large debt, more than 2,5 bln usd. If the link between the Russian assets and the Evraz plc is broken via ESO law, Evraz plc is a zero 100%. If Evraz PLC somehow manages to reestablish control over the Russian assets or gets a huge compensation for them in real money transferred out of Russia then yes, all is fine for the plc. I still think that selling is a great idea for foreigners who would not be in the ESO Russian boat.
Unless your on your death bed and no one to leave the shares to, or perhaps stoney broke, ??
best solution was to write off the hares as a total loss, then you can concentrate what you have now in life,
If you have managed for the past 2 years im sure another 2-3 wont make much difference,
my advice would put into the terms of your will, and leave to the grandchildren or next of kin,
i think in a couple of years EVRAZ could be a nice Dividend earner, providing the war doesnt expand into the rest of Europe??
with over $100 Billion dollars already earmarked from around the World, the war is going to last a very long time, with hundreds of thousands of Soldiers from both sides giving up their lives for the sake of 1 mans power ambitions!!!!
Maybe we will get lucky and Putin will drop dead in the next couple of years???
Brilliant now we have more elements of the puzzle:
Evraz and Rasp 2023 ebidta are: 2.14B + 0.68 (93% would be 0.63) = 2.77B … including NA we should sit above 3B.
Based on the results we can already assume that additional to the capex we should see on 31.12.23 an increased level of Inventory. Evraz is doing well when you consider back in 2018 we did 3.5B ebidta and had 3.5B netdebt and Shareprice was 5 years ago in 2019 £6.4.
My view on Group Netdebt is simple :
1.75B$ Evraz Russia + 1.1B$ Eurobonds - cash ready to be. Paid out from RASP 800M - NA as its debt is only intercompany and cant be counted double it will reduce actual NET DEBT slightly. We should sit slightly below 2B total NET Debt.
Evraz is doing really well.
Rest we hear at the AGM soon.
Evraz Russian assests results 2022-2023:
Last year's revenue decreased by 19% to $7.7 billion. The decrease in the indicator was due to a drop in sales of semi-finished steel products, as well as a decrease in prices for tal.
According to the presentation, sales of semi-finished steel products in 2023 fell by almost 18%, to 4.37 million tons from 5.4 million tons a year earlier. At the same time, sales of construction products increased by 6%, to 4,078 million tons, and railway products - by 5%, to 1,352 million tons.
The EBITDA margin was 27.6% last year.
Capex in 2023 fell by 5% to $634 million.
Net debt increased by 7% to $1,749 million. The increase in the debt burden was due to the repurchase in 2023 of Eurobonds of the parent company for $425.2 million.
I don't have a problem, I just asked you a simple question that you've yet to answer.
Not sure where a Russian store comes in to the equation.
You wrote: "I'm not selling, especially not to you."
move along, what is your problem? there are thousands of shareholders, make them a better offer. There must be some cultural difference - in Russia you don't walk into a store and throw a tantrum like you do "i won't buy at your shop and don't even consider buying", you just move along that is it.
I'm not selling, especially not to you. You can't answer a simple question.
"best prices, best terms" - What terms?
You're trying to get gullible people to part with thousands of shares but you're being incomprehensible.
Crawshaw, write me a direct email with your number of shares. My email is in the first message.
What 'terms'?
I know the market, my terms are the best. Make your own offer better than mine, it is a free world.
Andreyaaa, what do you mean by 'best terms'?
You sound like Delboy.
Hi Midas, I wrote you a direct message on the a d v f n forum with all the terms
Hi what price?
Hi! If you want to get money for your Evraz plc shares write me an email to: chinaadr2021 at yandex.ru
I buy Evraz shares - best prices, best terms, 15+ deals closed
I will be in UK in early May for several days, so if you want to sell write an email. Minimum amount 5000 shares. Thank you.
"I suspect this may be a stock I hold for a very long time."
Be it intentionally or unintentionally!
Like the rest of us!
GLASH.
I suspect this may be a stock I hold for a very long time.
Not sure there is a lot of choice really.
This w weillbe sorted before 2 years Keep the faith
I am not Andrey and I do not live in Russia.
Alas I do not own a crystal ball and do not know what will happen.
But in case anyone is looking for a buyer from a EU country.
I am still $1,25 bid and can settle in USD, EUR or GBP.
good luck all
Is very hard to put a value on it.
I would be happy for it to return and not have to write off the investment, the rest is a bonus.
The price will vary depending on If we keep North America
The wars in Ukraine, Israel-Palestine/iran will all need steel en mass to rebuild.
the demand will probably push up the prices and see steel in a similar scenario of hiked returns just like the oil industry did not so long ago.
I’m only thinking out loud - The downside is by not paying off our debts/ bonds there will possibly be big financial penalties for defaulting.
Though on the companies website they do claim to have the capital to pay it.
I’ve seen various articles:
1) Russian Evraz Steel Box targets Uzbekistan for 2024 construction market expansion
2) various railway line projects been flouted
What price do you expect when it come back to trade again? Asume two more years from now if that true and company still making money so how to value share on open price?
Its a very very tall order and hard to envisage but it has to come at some time. We cant be sanctioned forever.
Thats to Kong1