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Has lost his appeal in Brussels against the sanctions.I think this is political corruption.
Shareholders decimated again
Yes but politics is the reason EVRAZ is suspended from LSE and politic is what can get us reinstated.
It is kind of relevant don't you agree!
Evraz has no statutory auditor and no non executive directors. This is positive news as it will be saving the company a absolute fortune in non jobs, coffee and buscuits!
At least that Evraz plc group is really about Evraz and not some 100 messages a day whining about politics
Disi - Yes but in those accounts there is no statutory auditor as no one will take the job and the audit that was carried out by KPF does not meet the definition of a statutory audit.
Thats the group you use to share your own agenda.
the real telegram group is if you search for evraz plc in telegram *************evraz_plc
sit tight!!!! we will come through this!! good people in charge!! the tide is turning against the g18list politicians ****ting themselves and reacting to the latest twitter feed!!
merry christmas to you all and mr davide spelleci
I have around 2000 I think there will be light at the end of the tunnel here. It could be a very long wait though.
I'm thinking at least 2 years + these things always take wayyyy longer than anticipated!
I have a paper certificate for 4000+ shares, is it landfill?
Nice rise today. Always makes me more positive
Https://uk.marketscreener.com/quote/stock/RASPADSKAYA-13491403/news/Public-Joint-Stock-Company-Raspadskaya-Reports-Earnings-Results-for-the-Half-Year-Ended-June-30-202-44627516/
Other reports (russian) speak about 600-700M USD Divi available by end of 2023.
Cheers
Evraz North america Plc is not subject to sanctions, as the UK has granted it a waiver to operate. Accounts for the year ended 31st December 2022 are available at Companies House.
When and by whom? I get Rasp as that is a separate public company in its own right but there has only been two RNS this year from Evraz and nothing on North America.
Wow - the results of NA and RASP were public announced. Cheers
Evraz - stop misleading people. You have no idea how any of the businesses are doing as no one will audit the accounts. The last that was head from the company they were having immense problems due to the sanctions.
Philip PRO even imposes sanctions on Russians in his tiny cult group, so what are we talking about on the global scale (((
Well in any case Evraz PLC shareholders will get zero since Rus oligarchs will get nothing until the sanctions are lifted and they won't be lifted until Putin is out. And he stays until 2042. So we are together till 2042.
Required for either Evraz NA or RASP. Between the US Republican party and Viktor Orban latest offensives ; next year will provide freedom from these illegal and corrupt sanctions. Evraz plc FTSE 100 global company again.
Andrey,
If you would read the report in detail you know that Eurbonds which are owned 80% by Russian cover 1.45B. Than they have 300M in ruble bonds. They had 400M bank debt in RASP which is now paid off. Than 500M bank facility in NA and rest is loans in Russia.
Secondly when you sell a business you look into cash free / debt free approach. NA did more than 300M profit after tax in 2022 and will land easy another 200M profit for 2023. So by time the deal is done they have 0 netdebt.
20% of 1.45B eurobonds is only 300M adding 200M contingency into it. Thats max
The NA asset bring min 5$ for western holders …
Have a nice XMAS
"so I plan to stop buying on 22th of December 2023".
Only got to put up with you another 5 days then?
Https://www.evraz.com/upload/iblock/802/EVRAZ_H1_2022_financial_results_presentation_.pdf
page 14 tells you all about debt. 3 958 usd mln debt on 30/06/2022, 86% of which is in USD. I seriously doubt that they took a lot of their bank debt from Rus banks in USD and not in rubles. So my guess is that at least 2 bln USD western debt to be repaid by NA assets which is impossible since Russia is not connected any longer, while most of free money and business is in Russia. And even by miracle if they get out of bankruptcy a buyback? to buy YOU out and leave no money for themselves? that will never happen, they would rather leave the money waiting for sanctions lifted in 2040 then give it out.
80% of euro bonds are owned by Russian. (Not even 500M USD is west owned)
21/22/23 ebidta average of NA will be 450-500M$. (3 years average is normal at a deal of that size) - NA is continuing to grow in capacity produced and sold.
420M shares of freefloat are owned by non russian.
NA value on its will provide way way north 1$ as share buyback.
Its clear you see a 10$ price for the russin side … have no problem with it. But clearly you talk rubbish about the rest.
I guess your time is running out.
1. There is an article in the Financial Times today that “G7 moves closer to seizing Russian assets for Ukraine” https://www.ft.com/content/918645f8-e0b6-4cab-92fa-4f965569c2a6
As you probably understand that means that Russia in return moves closer to seizing all western property in Russia, i.e. Evraz PLC Russian assets. As one seller told me – the rift between the countries is getting wider with no sign of easing. Putin also said in his press-conference that the war will be till the end no matter what. Sanctions on North Korea, Siria, Cuba, Iran, USSR all lasted for decades and in some cases for more than 50 years. Putin stays in power until at least 2042.
2. I still value Evraz NA assets at 1 bln maximum (no free cash flow and losses for many-many years except 2022 – see previous weekly update for numbers), that does not cover the debt on Evraz PLC (1,5-3 bln USD depending how much money is debt within Russia).
So as soon as I get the Russian part of the assets under the 470 Rus law that takes the Russian assets from Evraz PLC (90% of all plc assets) and gives it to Rus citizens like me I will be selling my several hundred thousand Evraz PLC shares at 1 USD (0,8 pounds). Since there are no buyers, this will be the price for years to come.
3. Putin has told in his June 2023 speech that the “returning home” of the Rus companies abroad should be finished by the Rus Gov by 31/12/2023, so I plan to stop buying on 22th of December 2023. If you don’t want to lose your money you’d better hurry up. My main risk is missing the registry for the split to Rus and non-Rus assets so I need to close the deals before the deadline.
4. If you have a lot of shares – we can make a deal where you sell me the shares and can buy them back after I receive the Rus assets. I value Evraz plc at very low without Rus assets so I don’t need it afterwards. This way you get some money “dividend” from me and retain your shares with Evraz NA assets.
I still buy at $1 per share (minimum 8000 shares and you must have the paper certificate and be sane and cooperative), write me a direct message here or on the ADFVN forum https://uk.advfn.com/stock-market/london/evraz-EVR/share-price?java=1