Member Info for notgreedy

here we come:"2013 was another challenging year for the global steel and coal mining industries, characterised by strong cyclical headwinds, which Evraz was not immune to,” said Chief Executive Alexander Frolov. Nevertheless, the group increased external steel sales by 1% to 15.5m tonnes and substantially grew the output of coking coal by 22% to 18.9m tonnes. During the period, the company completed the acquisition of an indirect controlling interest in OJSC Raspadskaya, bringing effective interest to 81.95% for $964m in equity and cash. Evraz also bought a 51% stake in Timir iron ore project for $159m. The firm disposed of structurally high cost assets in iron ore and coal mining Evraz Vgok, Abakan and Teya mines of Evrazruda and the Gramoteinskaya steam coal mine $20m. Evraz Vitkovice Steel was sold for an enterprise value of $287m. The directors recommend a dividend of six cents per share. The dividend policy has been revised so that regular payments are only made when the net leverage (net debt/EBITDA) target of below three is achieved

busy with other things,could not resist popping in yesterday at about 75p but offer of 5p in a day IMO , would not be polite to refuse. I do think that 90's are not far away in new tax year when new limits kick in. I don't expect bad news from evr, but market will have its way. Gla

Peaty, I just bought while sp depressed, Putin discount time. As we ,OldF , calculated vgas transformed production - finances 180* I wouldn't be surprised to se vgas sp passing 150p in a near future.the valuation is well below any objective thinking , not to say things will continue in same direction. But as I mentioned earlier, with totally different position vgas is in at the mo, it might follow EXI path and get offer(to). Aether way, divi might start trickling and that will move sp nort. Atb

Thanks, not that young my self ,but still get Funny Feelings(often )atb.

Offer might be on the table but brothers could change their mind again hence sp as it is. I think brothers are moping up shares sub their 70p offer,would be worth popping back in sub67-66 IMO if you can trust brothers will honer offer. Opinions ?

Had to do ather things,missed this jump,hade my sall order executed,what a day.all around.must admit didn't expect to hit 80p today ,reason I placed sall order while I was away. This jump is a bit sudden and fast IMO. I thought evr would hit 80's in mid week. hope ther wouldn't be retrace tomorrow tho have fanny feeling.... If it does I will be back in.Anyway well done to you all amigos and atb.

Nothing wrong with taking profit-reducing exposure atb to you.i stick with my prediction of touching 80p this week

Envisaged so far, well done to holders.

it be wise to pop in now,or should I wait for Easter offers to kick in? Opinions ?

By next week I would take 85p but would consider anything above 80p including £1

Sadly yes, pleased to see I got this one right so far. Let us remember there was a lot of reshuffling of funds (end of Tax year) but I expect most of it will come back and some new money in new Tax year supported by not alarming news to come . Gla

of a initial drop, I think today is the day evr will pass 70p and not look back at it again. Gla

Of buys showing as sell . I don't see necessity for it yet,but hey ho ....

Doom and gloom + Friday for those with balls and vision ....hmm

Have rounded up here again , but feel I might have few more laps till situation stabilise. Could be today as well . Gla

In accordance with normal UK practice and pursuant to Rule 14e-5(b) of the Exchange Act, EGFL, Bidco or their nominees or brokers (acting as agents) may from time to time make certain purchases of, or arrangements to purchase, Essar Energy Shares and/or Essar Energy Convertible Bonds outside the United States, other than pursuant to the Acquisition, before or during the period in which the Acquisition remains open for acceptance. These purchases may occur either in the open market at prevailing prices or in private transactions at negotiated prices. Such purchases or arrangements to purchase Essar Energy Shares and Essar Energy Convertible Bonds must comply with English law, the Takeover Code and other applicable law. Any information about such purchases will be disclosed as required in the UK and will be available via a Regulatory Information Service.

Can buy what they can @ up to 70p, let minority shareholders sulk and hold on to their holding. Aether way essr will delist IMO.gla

Brothers defence, you could try to understand their position. They couldn't have been happy about mm' driving sp down in hope to pick up brothers required share sale at that level. They cold mm 's bluff and now long term holders-investors will pay for it.

Brothers can do whatever they like thus sp as it is with winds blowing from all directions = unreasonable and foul play by brothers and market. IMO all options are still in play, I positioned my self with view that sp will be stretched between (60) 65-70p and being happy with small margin ,I'll most likely have few more laps here before it all ends.gla

Some of them have no access to info,some are mistrustful about anything brothers say,stop losses triggered , disguised longs-shorts and some are loosing so much that 4-5p per share reduction of loss is worth paying to get out tortures journey IMO .