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Rasp looking fat and juicy
What a vile share this has been, I’m glad I got out when I did. Take what you can while you can and have faith guys gla
The sale of its North American assets will release cash, and despite sanctions, Evraz remains an endurable, well-structured, low debt, free cash flow dividend-oriented machine. In its last published financials, from August 2022, Evraz maintained strong revenue growth (31% year-on-year) to USD8bn, a performance buoyed by coal sales, as the energy crisis affected the price of commodities associated with heating and electricity production. EBITDA was up 19% year-on-year to USD2.5bn with USD1.7bn in working capital and net debt still only 0.6x at USD3.2bn.
The company still works as a business, despite the geopolitical mood music, and although a speculative investment, given its current parlous state of affairs it’s not beyond the realms of possibility the the Russian steelmaker may return over the longer-term to being a sustainable, dividend-producing entity.
I’m considering ditching my 63 million share holding today , we are only here to keep the bod in work it appears
Nothing is to stop them disappearing but the board have no intention of this as they have already gone to great lengths for us the share holders
Based on my calculation of rasp being worth just over 2 billion pound and Evraz having just under 1.5 billion shares then the rasp alone is worth £1.38 approx to Evraz share value , I’m glad I’ve been locked into these shares , I just hope they go private and receive dividends for the rest of my life
How are workers being paid in North America and business as usual?
https://www.evraz.com/en/share-certificates/
On Evraz website
Payment of dividends can be performed by payment directly to the bank account or cheque to the details of registered shareholders. Further distribution of dividends from registered shareholders (nominees) to beneficiaries will be the responsibility of nominees.
Electronic settlement and clearing transactions are no longer available for EVRAZ shares and all EVRAZ electronic shares have been converted to be represented by share certificates. This should allow all EVRAZ shareholders to trade EVRAZ shares OTC.
Can anyone translate the RNS into simple text , thanks
Did the mcatee get on board with imm at 2.6p when we last spoke
Jotom, did putin say he wasn’t going to invade in the first place or did the media tell you that
If I remember correctly the yanks went into capture sadam Hussain who was murdering his own people and severe corruption, putin is doing the same with Zelensky but that isn’t allowed according to the yanks , Iraq Afghanistan and now this is all about oil
Why would a grown man need to send proof to his friend of a purchase he made , it was a sell , stop chatting trash
How can it have been a buy when the buy price was significantly higher before and after the trade , it was a sell for a large amount hence the low offer price
If Evraz is never coming back then why is HL working with HMRC to evaluate a more accurate value of the share certificates? As it stands now there worth nothing but HMRC want them to be worth something because they know there coming back again and tax needs paying on our profits
Hilarious JRbellcheese
50% profit in 2 minutes