Member Info for Simplyme

Still needs a lot more for me to breakeven - once it doubles i will be fine!!

You are not counting in the fact that the shares were swapped at 2.68 shares for each evraz one so even at 50p a share, that is still 1.34 GBP for each old evraz share so buying even at 1 GBP you are making a profit!

Quite ironic we hope its a typo with the subject matter being a typo!! Anyway, very solid update, no nasty surprises and cant see this impacting negatively the share price as it screams to me, business as usual, ahead of schedule and that we are not overly concerned about not having enough provisions for the redress scheme (but have prudentially slightly increased it partially due to delays). Think this will lead to a decrease in shorts in the near future.

Https://www.moex.com/en/stocks/evrz - sorry put cpm instead of com before

Https://www.moex.cpm/en/stocks/evrz

Evraz listed today on moex - ticker code evrz

Yes - all will be international manufacturers/ banks as they don't care if they upset the UK government. Mixed news in my view for CBG as it gives them another couple of years to live with this threat over their head even if the end result is a reduced payout as likely that the supreme court and the narrow schemes applied to Johnson will be upheld but probably no other aspects imo. Fine if you can wait but the uncertainty will not be good for the share price.

No one has mentioned that they are likely to sell their UK depots and some equipment this year which should raise around 56m (book value of 100m) and that German rail decision should be reached before June 30th (which would turn this aspect profitable) and lastly that they are cost-cutting and expect to make 100m savings by end of year. All of this makes the company a turnaround and likely to rerate. As my average is over 50p I am not as low as most but believe I will get my money back by end of next year as ALSA will keep producing, Germany and US will make a slight profit and if UK breakeven (which will become a low risk model going forward with the new 'franchise' model) then we may even be able to pay out a dividend next year! Don't expect a dividend next year (small chance) but do expect us to be debt reducing and have significantly reduced debt covenant.

Yes - I bought at 154p and thought I done well!! Patience is a virtue!

Just bought some more to bring my average down - still too high at around 250p but getting there 11 still believe int he company

Yep - A double is breakeven for me - just under 60p my average but hopefully on the right track now :)

You see the difference is I am not biased -I see all powerful countries and people doing what they like and think both are equally bad. History has always been like this - I am not taking sides and it is you that seems to not understand the double standards you work within. I blame the education system but suppose it will be someone else’s fault as usual for you to blame.

Your arguement was about sovereign countries getting a choice. They don’t have this unless they are powerful. You are as always being myopic. The rich and powerful as in the past and as now control what others do. This has been the same throughout history. US can blow up boats with no evidence and no issues, same with China. Choice is not a given. In the UK a pensioner can hold up a piece of cardboard in parliament square and is arrested on terrorism charges. Is this democracy? Freedom is not a choice in the Uk,USA or Russia, China. We do not see that all countries governments are similar and simply control the less powerful.

Is Indiana sovereign country! I thought so but why are they not allowed to buy Russian oil - is that not their choice to make? Can’t believe how narrow and media controlled people have become.

Sovereign countries can’t make their own decisions unless the big players agree - look at Cuba, Vietnam, Korea, Iraq, Afghanistan, Georgia, - look at history it really is black and white. Why is prince andrew not in jail- one rule for one and another rule for others - not rocket science

And an excellent way for all of the finance companies to put added pressure on the FCA - for the FCA to then agree to a revised scheme, which as others have stated will make less people eligible for compensation and over a shorter time period. All games being played in my view.

Actually there is not much you can go up from 85% to change the numbers substantially as this is less than a 20% increase, however on the downside...........

PRO assets of Evraz

“Evraz” will unite Russian assets under a new organization.

The company plans to create a public joint stock company (PJSC) Evraz, whose shares will unite the value of the group's steel mills, mining and other Russian assets for investors.

The PJSC will include two branches: Nizhny Tagil Iron and Steel Works and West Siberian Iron and Steel Works (which also includes Evrazruda).

In total, the new joint-stock company will unite about 60 legal entities, which will retain their names and continue operating as subsidiaries of PJSC Evraz, the company said.

PJSC Evraz will be registered in Nizhny Tagil - taking into account the comfortable investment climate of the Sverdlovsk region, the company noted. PJSC shares will undergo the listing procedure and will be traded on the Moscow Exchange in the first half of 2026.

Translated with DeepL.com (free version)

Evraz IR have stated you will have the option of having Evraz NTMK shares IN ADDITION to keeping your Evraz shares - details to come out in 20 days

We all now have shares in evraz NTMK which has all the value