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Gazprom stock down 30% today - link

Apparently because an expected dividend wasn't paid. They do...
vigorous domesticated theatre kitty
  06/30/22
Russian domestic car production dropped by 97% yoy too Lm...
heady naked corn cake
  06/30/22
...
heady naked corn cake
  06/30/22
Their operations are also going to slow down significantly b...
Vermilion circlehead
  06/30/22
meanwhile Germany is thinking of pulling up the pipe from NS...
heady naked corn cake
  06/30/22
lmao they should have just legalized gay marriage
racy abode factory reset button
  06/30/22
This is incorrect. The russian government (largest sharehol...
Vivacious Hospital
  06/30/22
Lmao
heady naked corn cake
  06/30/22
Unless you think they’re actually not selling oil, I d...
Vivacious Hospital
  06/30/22
just lol’ing at the kremlin dictating terms and crashi...
heady naked corn cake
  06/30/22
Dangers of being an “investor” in what is effect...
Vivacious Hospital
  06/30/22
Gazprom lost a quarter of its market value on Thursday af...
Vivacious Hospital
  06/30/22
To be fair, Wow, this is devastating for Russia. How much...
Out-of-control Erotic Heaven
  06/30/22


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Date: June 30th, 2022 9:34 AM
Author: vigorous domesticated theatre kitty

Apparently because an expected dividend wasn't paid. They don't seem to have as much money as some Russia bots are suggesting.

https://www.investing.com/equities/gazprom_rts

(http://www.autoadmit.com/thread.php?thread_id=5143286&forum_id=2#44771068)



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Date: June 30th, 2022 9:37 AM
Author: heady naked corn cake

Russian domestic car production dropped by 97% yoy too

Lmaooo

https://www.themoscowtimes.com/2022/06/30/russias-car-manufacturing-collapses-by-97-in-may-a78151

(http://www.autoadmit.com/thread.php?thread_id=5143286&forum_id=2#44771080)



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Date: June 30th, 2022 12:25 PM
Author: heady naked corn cake



(http://www.autoadmit.com/thread.php?thread_id=5143286&forum_id=2#44772000)



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Date: June 30th, 2022 9:37 AM
Author: Vermilion circlehead

Their operations are also going to slow down significantly b/c they don't have Western replacement parts. LJL

(http://www.autoadmit.com/thread.php?thread_id=5143286&forum_id=2#44771081)



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Date: June 30th, 2022 9:40 AM
Author: heady naked corn cake

meanwhile Germany is thinking of pulling up the pipe from NS2 and selling it for scrap 😹

(http://www.autoadmit.com/thread.php?thread_id=5143286&forum_id=2#44771095)



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Date: June 30th, 2022 9:43 AM
Author: racy abode factory reset button

lmao they should have just legalized gay marriage

(http://www.autoadmit.com/thread.php?thread_id=5143286&forum_id=2#44771108)



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Date: June 30th, 2022 9:45 AM
Author: Vivacious Hospital

This is incorrect. The russian government (largest shareholder) blocked the dividend to ensure the company kept cash on hand given circumstances, plus the government did not want capital escaping the country

(http://www.autoadmit.com/thread.php?thread_id=5143286&forum_id=2#44771122)



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Date: June 30th, 2022 9:46 AM
Author: heady naked corn cake

Lmao

(http://www.autoadmit.com/thread.php?thread_id=5143286&forum_id=2#44771127)



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Date: June 30th, 2022 9:47 AM
Author: Vivacious Hospital

Unless you think they’re actually not selling oil, I don’t see how the conclusion here is “theyre running out of cash”

(http://www.autoadmit.com/thread.php?thread_id=5143286&forum_id=2#44771136)



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Date: June 30th, 2022 9:49 AM
Author: heady naked corn cake

just lol’ing at the kremlin dictating terms and crashing the stock price

(http://www.autoadmit.com/thread.php?thread_id=5143286&forum_id=2#44771144)



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Date: June 30th, 2022 9:54 AM
Author: Vivacious Hospital

Dangers of being an “investor” in what is effectively a state run enterprise

(http://www.autoadmit.com/thread.php?thread_id=5143286&forum_id=2#44771175)



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Date: June 30th, 2022 9:46 AM
Author: Vivacious Hospital

Gazprom lost a quarter of its market value on Thursday after the Russian state-backed group said investors had blocked plans to pay a large dividend.

“The shareholders decided that in the current situation it is not advisable to pay dividends based on the 2021 results,” said deputy chief executive Famil Sadygov.

The company’s biggest shareholder is the Russian state, which directly holds a 38 per cent stake with an additional 12 per cent owned by two other state companies. The stock plunge on Thursday prompted Moscow’s stock exchange to halt trading of the group’s shares.

Gazprom’s board recommended a dividend of Rbs52.53 in May on the back of soaring gas prices, as its 2021 net profit hit an all-time high of Rbs2tn.

The recommendation would have meant a record payout of Rbs1.2tn, or $22.8bn at the current exchange rate.



(http://www.autoadmit.com/thread.php?thread_id=5143286&forum_id=2#44771134)



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Date: June 30th, 2022 11:30 AM
Author: Out-of-control Erotic Heaven

To be fair,

Wow, this is devastating for Russia. How much longer do you think Putler will be able to cling to power? I hear today is his last day on Earth, btw:

http://autoadmit.com/thread.php?thread_id=5121891&mc=34&forum_id=2

(http://www.autoadmit.com/thread.php?thread_id=5143286&forum_id=2#44771748)