NLMK assets (building, land and machinery) are only 320m$ worth based on last financial report.
Evraz NA assets (buikding, land and machinery) is 1.8B$ worth. On top there is another 800M inventory and receivables vs 500M bills to pay. Evraz NA on books alone has a value of 2.1B$
Andrey,
Speaking to people going through things are valid evidence i share. Secondly i have a large holding as longterm holder.
I share facts what happen at the moment … you only speak about a future where so far none of your statements became reality.
Anyway; like your drive to acquire cheap shares. I hope we meet for a tea - think you are a
Andrey,
I have to correct you. I know several peopel who has S/C accounts and they are allowed first of all to re-invest in some gov bonds the divi money.
Secondly i know several X5 holders which checked with IR and are in process to get their shares in ESO. Fact is, the process is simple and straight forward.
I never said that ESO is planned for Evraz but i am saying that your stories here have no ground anymore. Why you not just say you buy shares at X price and stop your stories which have to be proven so far not correct?
So Evraz certificate shareholders will have a great future - independent on options going forward.
Andrey, i setup the group that everyone share news. The group has many large shareholders which not write a lot but calm and waiting for the way forward.
It was already weeks ago communicated that foreign shareholders will be able to receive shares inside ESO. There was now a detailed communication about it for X5. Nothing to have an argument about. Its obvious if how you say that Evraz becomes ESO, all with share certificate can get ESO shares. Speaking at the moment with a Kaz broker which work on Moex as well and discussions going around that S accounts will get moved to normal in the near future. Its important to recognise such information.
I personal see rather an NA sale with sharebuyback or a trading on a new stock exchange in the future as way out of it. However, those were back in 2022 in the telegram group know that Evraz was pushing for us to go share certificates. Looks like this will pay out in one or the other way.
I hope you had a great trip back and we meet soon for a tea/coffee.
Abramovich example - £5.4B
https://www.theguardian.com/world/2022/apr/13/jersey-freezes-54bn-of-assets-linked-to-roman-abramovich
Andrey,
That what you speak about is an illegal act and RA and other will loose all frozen assets. Secondly the company is sanctioned and by law they cant sell any debt. Come next time with a better story pls.
L
Andrey,
You not listen ?
This is intercompany debt structures in place to balance tax efficiency and created many years ago. There is no EXTERNAL debt connected to the 4B between PlC in UK and SA in Luxembourg.
The debt profile is clear defined:
1. 1.1B$ Eurobonds
2. 1.75B$ NET DEBT (Evraz Russia)
RASP and NA are NETDEBT negative so you need to reduce this from the numbers above …
Andrey … there is no external connected to the SA component. This was created at the time of move from Luxembourg to London Exchange
I am not the uneducated one here.
Evraz total net debt is now around 2B in total. Way better than H1-22
Andrey,
Intercompany (virtual) debt is an accounting subject and taxation one.
Only external debt has relevance
1.1B$ Eurohonds left
1.75B Evraz Russia (Net debt)
RASP is positive Netdebt
NA has a positive Netdebt (only intercompany loan 500M)
Total NETDEBT will be way lower than Eurobonds and Netdebt Russia together
Caan nice to read that you met him. Also interesting, as its sounds that the deal was not going ahead.
Evraz as company is doing really week we did over 4B$ Ebidta in 2022 and over 3B$ Ebidta in 2023. Company paid over 1B debt off since begin of 2022 and will pay in 2024 more debt off.
Brilliant time
Nothing happened like ESO - they would need to communicate like X5 did any change.
Fact is that the asset balance of Evraz Group is now way better than H1-22.
AGM will show the way forward
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