Member Info for sj74

https://www.steelorbis.com/steel-news/latest-news/russias-evraz-masters-new-rebar-for-seismic-regions-1240709.htm

Some positive news.

Even longer way up!!

Well if there is an end shortly then this SP will be a distant memory. We all hope there will be a peace agreent, mostly for the sakes of everyone involved in the conflict. Secondary, sanction relief, businesses can operate as normal and stability ensues.

It's only postponed pending stability, end of the war and sanction easing. If not of that happens then it will be postponed again or cancelled. Personally I think by August we will see an end to the war and sanctions easing but no one knows.

It certainly isn't as near normal trading conditions, they've admitted it themselves in the RNS. Significant changes in the last couple of weeks are the words. And that is from the last business update to now (couple of weeks). It makes no odds to me, I'm holding long but we have to see the facts as they are and be balanced. We need the war to end and subsequently sanction relief.

It's not a positive RNS whichever way you read it- but for many myself included very expected.

Dividend was never going to be paid next month. It's the list of why, and that sanctions are having an effect on the company. These are now the best times to buy if you feel the company will see this all through and the war will come to an end shortly. Short term volatility-indeed! Gl

Mines £10 but I have a 2 year time horizon :)

Spot on. This is a hold, don't look on a daily basis unless your gambling on the short-term volatility.

Thanks Troaj, that'd be nice. Hopefully in starts filtering down to the juniors at some point :)

Pretty sure that was 'breaking' about a week ago lol

I don't think they will struggle to find a new auditor. They attracted a new top quality board. The companies rep is top. These Fool articles are like a few 'investors' on here, changing there tune whichever way the wind blows lol.

Equally, nice 128k share buy at 08:35 for 300p. :)

I don't think it'll be paid and I'm going to vote against it. I'd rather the company kept hold of the cash with all the uncertainty at least until war is resolved and more time goes by.

Yeah completely agree. Always a medium term hold for me though. 12-24 months and hopefully £10+. Even if you think 3-4 months that is nothing. Strong buy and hold.

I'll believe it when I see a TR1.

£3.27 I think. Happy if it just stays in the 3s and stays consolidating for now.

If it is then so be it. Will only be temporary if so, and then it can reopen alot higher. Makes it nice and easy for the holders lol. I bought evraz before the suspension and I'm glad I did as when it reopens it will be alot higher, makes it easy for us and takes everything out of our hands. It's all a risk but these companies are huge and have world-class assets generating huge profits. It's only a matter of waiting. :)

Just wait until it opens again and then buy. Should have a limited Window of buying in the 100s before it moves up.

You'll be changing your tune again when you buy. Sold out at 3.15 and disappointed it's gone higher. But thanks for the great advice lol