Member Info for Bluelight

Why would any nation pay them in gold or bircoin? They have firm contracts with every customer, in which denomiation of payments is clearly stated, and there is no room for deviation. They are legally binding contracts, and not one of those customers will pay in roubles, bitcoin, or gold. It will be euros or dollars 99% of the time. Its not possible for one party to arbitrarily change a contract mid delivery, thats why they write up contracts in the first place. Russia could cancel them of course, but then they would have to pay a huge penalty clause.

I doubt the Ukrainians consider any media attack on Russia too much, those people who are starving and thirsty, living in freezing conditions with no power, in fear of their lives every second of every day, whose women are being raped and whose millions of citizens have abandoned their homes to flee, and whose childrens hospitals are being bombed. Yes, lets not be negative about russia shall we. Russia deserves any attack the world can throw at it (in my mind we should be slaughtering every russian in ukraine as a world response), and anyone or any company that has in any shape or form helped them commit these attorcities will suffer the consequences, RA being one of those people.

On the RA issue. I suspect he is knee deep in Putins circle jerk off power group. But he's a shrewd operator. Would not surprise me in the least if he leads a power play against Putin and becomes the new leader in the future. He's played his cards pretty close to his chest and would likely be an acceptable face of Russia to the west.

What is more likely if the shares recommence trading (shares that were suspended I add to protect investors...), that all those 'waiting on the sidelines' pile into a company tagged as being russian with associated sanctions, whose directors have all just resigned, and whose business activities are under suspicion, or that those stuck in since it was suspended rush to the door to salvage some funds? If it reopens it will crash to a penny stock. It will not reopen trading, certainly not whilst there is a war going on.

Shares suspended, the directors all resign, the government has tagged the company as an undesireable. Some people need to get a grip and realise EVR will never return. It's a victim of politics and Putins war, move on and find other investments that aren't russian linked, better for your sanity.

A company such as EVR cannot isolate itself from a shareholder who like it or not has a strong influence on the company. What company would ignore a shareholder that owns a third of it? Like it or not, a big chunk of EVR's business is Russia related and a big part of it is russian owned (yes technically it is not a russian company, but that's semantics). Whilst I would expect it to come out of suspecnsion at some point, that wont be soon, and the price at which it does will be wholly dependant upon the situation in ukraine and the west's relationship with Russia. Now if russia backs off (highly unlikely) and it calms down then yes, big upside. However if it continues to escalate, EVR will continue to suffer by association. Also have to remember that their business partners have to have faith in EVR too, with the bad press, suspension, government overtones would any non russian/chinese entity wish to enter into deals with EVR when they can find alternate suppliers? Highly unlikely. All my opinion of course, but its a political play now, no point whinging about the company being owned by others than RA etc, the gov cares not.

Those tech companies aren't majorly owned by Russians with close ties to Putin though are they... have a word with yourself. People are living in a dreamland if they think the gov wont punish EVR as hard as they can, they have all the power as they write the laws. All this whining, take them to court blah blah, its just sour grapes, the gov would just amend a law and EVR would just **** away even more investor funds. Its an economic war, and EVR is on the wrong side of it, they are being punished by association, and that punishment is going to last a long time.

Thats a fair view, the UK has much blood on its hands I agree, and is one of the major contributors to Ukraines pain. However my comment is about being naive that Evraz will get anything but slaughtered out of the back of the Abramovich association. The press will be filled over coming days about Evraz supplying steel for tanks etc, even if its false the media wont care as the gov have stated it themselves. They will have a field day with it

We are at war with Russia in all but name, be it economic or supplying arms to the Ukrainians. If you believe that the biggest holder of a companies shares, who has interests in Russia, who is one of Putins biggest allies and financers isn't going to bring hell down on the associated company then that is incredibly naive. Rightly or wrongly Evraz will be smashed by the the Uk gov and its allies (which covers most of the world) if nothing else other than to make a point and hurt anyone linked to Putin. No company in their right mind will trade with Evraz now, even if they have the possibility to do so.

I think the Uk government disagrees with the Evraz company line, and at the end of the day it is only their view that matters. They can do as they wish, Putin style.

The hedging is good. A good hedge policy is to hedge consistantly for example divide your output by 12 and enter one equal hedge a month. that way your average price strips out price fluctuations. In an uptrend your return lags the market price, and in a downtrend vice versa. The hedge price will rise accordingly as hedges roll off and new ones are entered. picking and choosing when to hedge isn't hedging, it is gambling, and not something a successful company should consider.

Maybe legally other companies can trade with EVR (for now...) however, morally many companies an countries will not do business with companies where its major shareholders are sanctioned, hence there will be a huge drop in demand for EVR's output at the very least. If you think otherwise I'm afraid you will be in for a very nasty shock. Look at all companies pulling out of Russia. It's not the Russian peoples fault, but anything linked in any form to russia is shunned now.

Not standing up to a dictator is how Hitler managed to kill millions of innocents. So saying you want countries to back off whilst putin murders thousands of innocent civilians is rather a weak minded view. In many ways you are saying you want a people to be subjegated and live in fear so that your investment might have a chance of rising. Some people truely amaze me with their selfishness.

We are going to have staggering inflation levels this year for sure. Just today UK gas hit 800p/th, its usually 30-40p/th. Electric rises with it. You translate that into what the average UK household bill will be when it rises in October and it equates to c£8k a year per household (average use 2 bed house). Thats just electric and gas. You add in fuel prices, food bills, tax increases, interest rate rises to combat inflation and effect on mortgages, and we have the mother of all recessions around the corner.

Morning all. Gas opened up at 800p/th this morning. Many folks will be looking for a way to expose themselves to that and IGAS is the natural domestic play

They need our support, physical not just words. I just got a message from a friend there who is having to hide in her basement with her mother to avoid the shooting, fears for her life. And we as a nation sit and watch, utterly disgusting.

The Russian people love him. He is a cult hero to them, that's a big part of the problem. he has too much power and no oversight, which unfortunately for the world has gone to his head. hitler was loved by his people too initially.

It is time this country stood up for its long held belief that we protect other vulnerable nations, its just words now. Johnson is an utter pu@@y, and we will do nothing I'm sure. More sanctions which will do literally nothing. In the meantime Russia creates a war front over which for the next 10 to 20yrs the Ukrainians will be fighting a gorilla war murdering the russians who invaded their home. Where is the sense in that. Time Nato showed some balls and marched in and at the very least protect Kyiv.

What a shameful day it is to be british. We stand by and let one of our allies be invaded by Russia. I lived in Kyiv a long time and have family there. They are all scared out of their minds, my wife who is Ukrainian was in tears all night last night. Shame on this government.

It's not a distressed asset, its a cash rich profitable company. Traders and line on a chart dreamers have fooked it royally, helped by the poorest IR department I've ever known. However, its asset value alone is over £4 a share. Its profitable, it has contracts, it has management targets at c£8, it has major investors holding at higher levels, it has £100m in cash. An offer will be made at c£8.5 I would estimate. Low enough to see value for the buyer, high enough to appease all bought out parties. No ones happy, but it's reasonably fair