Member Info for ProxLDM

Putin has just banned exports of raw materials from Russia until Dec 31.

Makes our gold cheaper for them to buy or we sit building a reserve in Russia.

Still probably pull 700M profit a year from the business.... Even if Russia came and took control of their 'own' company.

We all know this is a 'Russian' stock but it's been incorporated airtight. Kudos to the finance and legal team behind this company - It'd essentially be like taking money out of their own wallet.

When peace is finally drawn this business can funnel the Russian steel through the American business.
Speaking freely, look at how the Russians got their wealth. Taking it.

I wouldn't be surprised if we actually used this to buy out Russian steel companies on the cheap and give more control to Putin (As he does own this stock) So don't be surprised if we come out of this a bigger company. Cash rich, something a lot of Russian companies will be dying for. Opportunities to leap on the weak right now are endless.

Business is ruthless, never mind how the Russians conduct it.

Have a look back at their last few posts, it's actually laughable.

"They have 2.1B debt how will they repay when no-one buys their steel"
Completely forgetting FCF and current Assets. Go grab your size 25 shoes, red nose and join the next circus that comes along Obsolete you clown.

Nothing? Why would anything happen to your shares? It's not as if the company is declaring bankruptcy.

I use HL for my SIPP, Stocks & Shares and Stocks ISA.

Can't complain, i've bought from 60 all the way up to 80 on this stock. I don't get a live quote, normally Fill or Kill as they're prioritized

That's my view on it...

I'm no war/geopolitical expert but from my POV - I think Russia is suffer so much financially and the civil unrest in Russia is continuing to grow despite what you hear, I've looped in heavy to the news channels through telegram, twitter and the sheer amount of protests in Russia will cause this to end sooner.

I think Russia wants to stop invading but doesn't want to appear weak hence the uplift in bombs. This war cannot go on for months, if it does the risk for WW3 becomes even realer.

I'm predicting it to last 2-3 more weeks then that's it done. This is going to be too costly for the World, never mind Russia.

This shares loaded up to multi-bag - My bags are full of this, it's in my SIPP and Shares account.
It's by far my biggest holding now. This pays off I'll be retiring early, collecting my yearly div (Hopefully they can maintain a 60p+ yearly div)

Looking for a 1.2 high tomorrow! - although it’ll jump back into FTSE100 soon enough, too lazy to check the current MCAP required for FTSE100

H/L

Sell 91.58 BUY 37.97
WTF....

85.3 EOD sell off - We'll see how UT's look.

Live 89.1 - I'll be happy with a close 89+ looking for an upward push the next 2 days..... £1.3 before ex div record date?

You think paying 0.95x Rev is 'Overpriced' - Where did you study your finance qual?

I thought you didn't own any shares?

https://www.businesswire.com/news/home/20220304005378/en/Steelworkers-Support-Measures-Aimed-to-Help-Ukraine

Following a meeting with the Israeli PM

“ The Israel PM must have gotten some bad news from Putin on his trip there...

Update: The Israeli Ministry of Foreign Affairs urges its citizens in Russia to leave the country immediately”

Marshal law in Moscow? We need the company to announce 0 effect on operations or to release the Russian business.

69.8

https://www.theepochtimes.com/speedy-bankruptcy-offered-by-russia-as-one-of-three-choices-for-foreign-firms_4316688.html

I wasn't watching the level 2 - Anyone see anything?

I haven't seen a drop like that in a while.....

That's what I'm guessing - I bought more at 65. I'm happy to hold until Div news.

Where in Russia is Evraz HQ? What bank do they hold ALL of their cash in? lol