Member Info for Stix01

If they truly want to cut the finances flowing to Russia then why is EU still purchasing oil and gas.

Also eu inc France, Germany and uk was doing arms deals after they annexed crimea worth billions of pounds and intelligence reports recently disclosed showed some the weapons abandoned early on by Russian troops to be European etc
so these governments also contributed and continue to contribute to the blood spilled in Ukraine so they need to stop being hypocritical
Has rishi Sunaks wife dumped her Russian company or been sanctioned total hypocrisy from the leaders

So initially they were suspended from lse
“for potentially supplying steel to the Russian military which may have been used in the production of tanks”.

Now uk gov website says
“Evraz plc produce 28% of all Russian railway wheels and 97% of rail-tracks in Russia. This is of vital significance as Russia uses rail to move key military supplies and troops to the frontline in Ukraine”

Seems like a U-turn on a major part of the original suspension statement but now we find ourselves sanctioned.

To sell I get offered 255 to buy is 287
I plan to hold long term but ask Why such a huge gap between buy and sell price

If dividend is not paid sp will drop.

Evraz are a big company also but the moment the divi was was cancelled it slumped

Poly claim to be not affected but this is not 100% true
Eu has banned cargo and Lorrie delivery of Russian goods they also stopped sales to russia. Do we know what banks they use and if sanctions stop them paying debt.
Also if machinery breaks down can they get parts to replace or mend

Poly has 500m reserves, if they had more reserves dividend would probably be paid but 500m is not alot and would be consumed fast for a company of there size and operating costs

Poly are big market player generating huge amounts of cash and before the war was trading 1300-1500

I have factored in the risks and am holding long term even with dividends or no dividends in the short.

Not so long ago they had 500m reserves and had opportunity to borrow same again at high interest rates

I can’t see the dividends being paid as they need the cash for the bumpy road ahead.

Many have idea the funds to be used to clear debt especially on the high rates but there is still a potential issue in doing this and please correct me if I’m wrong but who wouldn’t be interested

the profits they make with a mega low sp price and lower debt they could be sized up for a takeover

I used link provided but nothing happens says 25/04/22

Is the link accessible to everyone else or others having issues with link also

* civilian killings in bucha*

Sp was starting to recover well but what are everyone views on the EU countries Expelling all Russian diplomats for the civilian in Bucha and many counties including uk and USA seeking more sanctions inc energy.
It seems they stoking the fire just as it was starting to die down and reigniting the tensions

After all what’s gone on I can only see theee outcomes where the sp drops
1st is if Russia carry out their threat and take out a british / NATO aircrafts in Ukraine and the war escalates
2nd poly cancel the dividend
3rd putin goes crazy and presses red button

The news over the last few weeks has been negative and the sp has still made gains it will take something big to knock it back

A big difference on my trading platform shows 8p swing between buy and sell and different sp again Than shown here

Anyone know or have insight as to why the sp is suddenly falling off a cliff

Wish I had day off to capitalise on the days high and bought back in now.
Would of increased my holding size with minimum effort

Where the dip come from has been a very good two days of rises with no bad news.

I am happy to Waite and the company is operating as normal I just hope they clarify some issues at least so they can repay bonds and loans outstanding because some have been returned and some banks refused to make the transactions

The price is a blow after the final but It was hard to buy and took forever to add at 140 - 145 sp

it will be impossible to pick them up at 120 all the big boys to get first dibs and imagine plenty don’t have restrictions and are free to mop them up

What ever happens at close today or open on Monday I hold long term.
We have all done well to add to holdings and bring average down significantly
I have exited other share holdings and gone all in on Evr and poly. i have risked it for a chocolate biscuit.

It might drop at the close like it did yesterday. I feel many big companies would have already offloaded when the news was announced days ago
Why would they risk dumping this late in day when prices are already low they would make even bigger loss than they already have if waited for last moment.
I also feel some funds will not be keen to move it due to them buying in at peak £10+
How many clients would be ****ed at a fire sale and giving away their assets

Having read this article about arms deals, they have the audacity to suspend Evraz
Also not as much as other euro nations the The uk also sent arms to Russia worth a few million £ also

“FRANCE, Germany and Italy side-stepped an arms embargo to sell weapons to Vladimir Putin that are being used to slaughter Ukrainians.

On a day of shame for the EU, it emerged ten member states sold hundreds of millions of pounds of military kit to Russia between 2015 and 2020.”

“according to a report by Investigate Europe, ten EU member states continued to send weapons to Russia after the embargo - with Austria, Bulgaria, Czech Republic, Croatia, Finland, Slovakia and Spain on the list.

Figures from the EU Council Working Party on Conventional Arms Exports reveal the ten EU states exported military equipment worth a total of £291million to Russia between 2015 and 2020.

Out of the ten, France reportedly accounted for 44 per cent of sales, with aircraft, navigation systems, torpedoes and missiles among the equipment sent.”

I can’t see the big boys selling stock at this sp price their clients would be p*ssed buying in at premium rate of £9-10 at its highs before war started and selling at 1.50