Member Info for fre1

also yield is significant as pointed out by earlier posters, way higher than most stocks

think there are buyers as dividend is there and anyone buying now and holding will receive approx 37p per share so a substantial amount.

clearly being traded, as many afraid to hold

Thats some stake you've taken Opulentia and i hope it works for you.

risk of delisting from LSE - is that still possible? cannot ignore the fact that this will be removed from FTSE100 and maybe that is adding to the fall. Cannot believe where we are with the share price and the market is very forward looking imo

Suspension on the way? What will happen to the dividend? The concern is what Russia has up its sleeve in terms of retaliatory reaction to sanctions, and the ugly battle and how long it will continue all playing on the market

Together they hold 63% of the shareholding in the hands of 3 Russian shareholders. I don’t know whether they will be sanctioned??

The company's interests in the majority of its subsidiaries are held indirectly through its ownership of Mastercroft. In June 2006, Evraz Group announced a transaction that resulted in the transfer to Greenlease International Holding of a 50% interest in Lanebrook Ltd., an entity controlled by the principal shareholders of Evraz Group. As of April 2015 Lanebrook Ltd. held 63.70% of the company's shares, with the ultimate beneficial owners being Roman Abramovich (31.03%), chairman Alexander Abramov (21.59%) and CEO Aleksandr Frolov (10.78%).

Significant Beneficial ownership by 3 Russian shareholders- are they likely to be sanctions imposed on them? Who knows

At this rate this is a prime candidate for leaving the ftse100. The rate of fall is incredible and I just hope the can get things sorted over the coming weeks

More uk sanctions announced on Russia. Cannot help but think that Russia will be returning the favour to us by asset seizures and/or sanctions on our businesses. Getting concerning now

Tend to agree as there is so much uncertainty out there with what Russia plan to do and if our and U.K. govt along with others will impose further sanctions or even asset seizure on Russias part. This could easily drop further and the there is big risk holding this until there is clarity. The market clearly does not like uncertainty and we have Roman holding a sizeable stake here too which adds fuel to the fire.

Anyone got any views on Russia announcing the seizure of assets? News on Twitter and also reported on sky news today:
https://mobile.twitter.com/search?q=%23evr&src=typed_query&f=live

How does this affect Evraz? Concerning times

Anyone got any views on Russia announcing the seizure of assets? News on Twitter:
https://mobile.twitter.com/search?q=%23evr&src=typed_query&f=live

Turnaround plan focused on cost control and net interest margin control including balance sheet improvement amongst other things is clearly working.

Its net interest margin, a key measure of profitability, rose to 1.4% from 1.22% over the year

On the contrary the business has moved well into the transformation phase and is clearly improving as it has improved its margins and has a greater focus with this management team. With interest rates forecast to exceed 2% this will be even better news for metro as there is greater scope for further margin improvement and profitability going forward.

Just went through the detailed presentation published today - very impressive indeed, BRE's being worked on to redcuce capex and grind out further efficiency, cash generation looks great, and this management team has done a fantastic job in turning this business around - trading a miserly PE of around 3, cheap in my books

yes, exactly Splendor and PE just 3, so you can potential upside for rerate; also company in a very strong position generating significant cashflows and BRE savings too as outlined in the update.

9.30 am investor call today should be informative