Member Info for DividendNomad

Resindment of all sanctions will be a major part of any ceasefire agreement, otherwise Putin will not agree to any cessation.

Maybe you should think about investing in growth stocks rather than income stocks.

Are you trying to impress someone? if not is there any relevant point to your post?

Eccles04,

Jesus thanks for that, I'm gonna wait till May then I'll get annualised divi of 76.56%, can't understand why all investers don't do this!! LOL.

So if Evraz has been included in a list of economically significant entities what does that actually mean in reality?

Is there any other companies listed on the LSE that has been included in the list of economically significant entities? If so what were the consequences if any?

Eckie8

Aviva and LGEN have completely different business models and markets and you cannot compare the two.

Please explain how LGEN has been mismanaged when it has grown its dividend year on year for 26 years at annual average of 4% - 5%.

LGEN has always been an income stock returning profits to investors and shareholders. It does exactly as it says on the tin.

MrMath,

Maybe consider changing your moniker, maths obviously is not your strong point

100 x 130% = 130

100 x 230% = 230

It's not falling short at all, you are failing to take into account all the dividends paid. Their first annual dividend of 8.3p was paid in 1998 and has been paid every year since increasing year on year by circa 4% - 5 %. Ironically the share price in January 1998 was £2.33 virtually same as today and a single share bought then will have to date accrued £3.56 in dividends. Anyone who bought at the 1979 lauch for the £1 listing price would be getting an annual return in excess of 20%.

Inflation busting or what!

Will Trump have an effect on share price? I hope so but realistically I think not. His policies will be aimed at removing obstacles for the big players to enable unrestricted exploration and drilling to drive up production. DEC has a completely different business model which in essence operates under state laws, Trumps policies will be at the federal level and have little to no effect.

If you've invested in LGEN as a growth share then you've efft up LGEN is an income stock its been listed since 1979 and to date its share price is still only 230% of its listing price.

Don't hold your breath.

Trek,

What do you disagree with? All stocks are trading stocks, my point was aimed at those who constantly moan about the share price not continually going North yet at the same time love the dividend.

Too many investors want the pie and to eat it but in reality you cannot have both. Pheonix business model is not to be a growth stock it is an income stock and the investors who treat it as such don't worry about +/- 10% in the share price. They tend to buy more when the share price declines.

As do we all devil666, but unfortunetly the sanctions are neither illegal or corrupt nor do they stop Evraz shares trading on the LSE. The decision to suspend Evraz trading was taken independently by the FCA under the guise of protecting shareholder investments (seems to me that waiting until it dropped to 82p didn't do much to protect investors), but more likely the real reason was to support the sanctions placed on Abramovich and lock-up his 28% shareholding.

I have a vested interest of 50,000 shares (albeit at an average of 65p) and sympathise with all the frustrated shareholders, but the reality is that there's nothing we can do and no amount of posturing, bad-mouthing or talk about delisting/relising is going to change anything.

The best we can hope for is that constructive negotiations start in the near future and a lasting resolution is agreed by all parties, only then will sanctions be lifted.

@Radika

No it was purely down to incompetence and the lack of business accumen, unfortunetly we are still seeing that today.

MCATEE

Sometimes you need to write a narritive to get the point across.

All the posters saying "Evraz need to move to a new exchange" are just words with no research,substance or realisation of the consequences. The best and only option for Evraz and its shareholders is to wait until sanctions against Abramovich are lifted and the FCA removes the trading suspension.

@f1 driver

you have more chance of realising the dream of your moniker than the delusion of evraz delisting and relisting on another exchange. there are no ways around (what you call) the bs corruption of the uk, the uk sanctions and anti-money laundering act 2018 covers all scenarios to prevent any such attempts at circumventing sanctions. also do not forget that only evraz the company is sanctioned not its listing on the lse, it was the lse's decision to suspend trading in evras.

but for arguements sake lets assume they could somehow take a listing on another exchange whilst still remaining listed but sanctioned in the uk, then you need to answer the following;

1. which stock exchange would they list on: a company the size of evraz needs access to markets and funding that can only be provided by a top flight exchange. as no western stock exchange would touch them that leaves china, japan, hong kong, india and saudi arabia all of which are heavily reliant on foriegn investment from the west and would not risk the political **** storm, the outflows of foriegn investment and possibility of sanctions. the only other vaguely viable option would be moscow but it does not fit the business model of evraz and is also itself sanctioned and no brokers for the uk market will touch it so no benifit there to uk shareholders.

2. what would be the benefit to evraz: to create a listing on a new exchange would be very costly and time consuming with minimal upside, as mentioned evraz needs access to major capital funding which only top flight exchanges can provide. issuance of millions of new shares will create serious dillution to value and dividends. currently circa 60% of evraz shares in issue are held by uk individuals/companies (not including abramovich who has a 28% holding). due to the sanctions none of this 60% whilst uk domiciled could legally invest in a new listing meaning evraz would need to find new investors to cover the shortfall.

the only other possible option open to eraz is to take the company private with abramovich as a partner and buy out all paper shareholders, what would happen to shares held in dealing accounts? i've no idea.

Captain Swag

As a consequence of being sanctioned Evraz must comply with the rule of UK law relating to sanctions, one of the laws is that a sanctioned company can only delist if the UK government permits this, hence the UK has the power to block any delisting attempts by any sanctioned Russian company. The UK's sanctions regime, governed by the Sanctions and Anti-Money Laundering Act 2018, gives authorities the power to enforce sanctions and prevent sanctioned entities from circumventing restrictions. This includes blocking attempts to delist from the UK stock exchange and move to another exchange. The UK goverment will not allow Evraz to delist!

Potentially the only way they could get round this is not by delisting from the LSE but to apply for a second listing on a stock exchange in a country where sanctions have not been applied, however this has many pitfalls, extemely costly and time consuming, requires shareholder approval and only shareholders with a share certificate and not resident in UK will be able to trade their shares. Any shareholder whose shares are held on a UK dealing platform and/or are UK resident will not be able to trade their shares as Evraz UK PLC will still be a sanctioned company. It would also be very likely that the stock exchange that allows Evraz to list would as a consequence find itself being sanctioned.

Guitarsolo, tell me of one of todays bluechip FTSE stocks that hasn't gained in value by at least 50% in the last 18 years and also paying regular dividends.

Any cost discount to the £1 valuation price will after 18 years have been totally obliterated by inflation. You really cannot beat bluechip dividend stocks if prepared to invest for such a long period of time.