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Eastwood

By Eastwood
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Fico

Fico 1743

Posted
Posted
11 minutes ago, dimyh said:

Putin's wallet is taking a major hit:

https://www.ft.com/content/8cbfc961-cf57-4c71-96ca-bb144c6dd676

Gazprom shares plunge 25% after dividend blocked

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.

Gazprom announced its new dividend policy in 2019, with the plan to pay out 50 per cent of profits by 2022 — a decision that quickly made it the biggest company by market capitalisation in Russia. The shareholder rejection of the payout marks the first time since 1998 the company has not paid a dividend.

Stock in several other Russian energy groups also dropped on Thursday morning on expectations their boards may follow suit. Russia’s top oil producer Rosneft lost nearly 7 per cent in early trading hours on Thursday, Rosseti power distribution company shed 5 per cent in share value, third-largest producer Surgutneftegas dropped nearly 3 per cent, and Transneft pipeline operator lost 2 per cent.

State-owned Sberbank, Russia’s top lender, also announced on Thursday it would not pay dividends for last year, prompting a 5 per cent fall in the company’s shares. Gazprom’s dividend news comes as the company reduces gas supplies to customers in Europe, including Germany’s Uniper, which issued a profit warning on Thursday. While Gazprom’s sales have been falling, dropping almost 30 per cent year on year in the first half of 2022, soaring gas prices have helped it offset the losses.

 

On a different financial note, everyone talking about a strong ruble is good for Russia doesn't make sense to me. It's been a while since my econ classes but a strong ruble makes Russian exports less competitive and foreign denominated contracts bringing in less rubles? Isn't this the whole reason the Chinese refuse to let the yuan float and keep it artificially low?

Maybe it doesn't matter if they are forcing as many transactions as the can to be in rubles, but a strong currency is not necessarily a good thing. 

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AUS-97HORN
AUS-97HORN

For the love of Christ woman,  stop posting the same fucking thing every 20 mins just to make your neurotic self feel better.     Bring something useful to the thread other than your inane babbli

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InkaUtexas
InkaUtexas

I volunteered today. Log/Admin role to replace people for 30-60 days. The operation is in the west, or should the Orcs win will be pulled back behind the NATO wall. Either way the humanitarian effort

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utee94

utee94 15745

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28 minutes ago, DefinitelyNotHollywoodColt said:

is it? that's money they were going to pay out to other people. now they can keep it and funnel into whatever wallets they want, no?

A loss of 25% of market value in one day, just to withhold dividend money from the rightful recipients?  Yeah, I'd say that's a pretty massive gut punch to the net worth of anyone with large holdings in Gazprom.  

Sure they can funnel the dividend money into operating expenditures in the short term, but a long term loss of 25% of your market value... in one day...?  That's gonna leave a mark.

 

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Brisketexan

Brisketexan 104550

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2 hours ago, atomheartbevo said:

Lulz  Telling the Russian people it’s going to plan is a good way to confuse them when you have to mass mobilize  

 

What she said.  It's one of my favorite, and way-underused negotiation tactics -- respond to bullshit offers with "no."

GOLL damn near crapped himself one time when I immediately responded to an opposing settlement offer with "fuck that shit."  He looked around as our client reps nodded in agreement, and the mediator asked "so.....do you want me to write that down?"

Bullies understand power.  Use it.

2 hours ago, atomheartbevo said:

 

"Goodwill gesture."  Just like Russia's fertilization of Ukrainian soil with thousands of blown-apart Russian troops is a "goodwill gesture to bestow future fertility on this great land."  I'm loving this shit.

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InkaUtexas

InkaUtexas 25495

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6 minutes ago, MillerEP said:

French CAESAR at the forefront.

Good to supply them, but how are the boats going to be delivered with the blockade and few ports. Seems like trying to retake the Black Sea is better done with artillery and missiles. Not a navy person so asking the experts. Can they be flown in and then trucked? 

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Scheiss Meister

Scheiss Meister 8399

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3 minutes ago, InkaUtexas said:

Good to supply them, but how are the boats going to be delivered with the blockade and few ports. Seems like trying to retake the Black Sea is better done with artillery and missiles. Not a navy person so asking the experts. Can they be flown in and then trucked? 

Those are smaller craft, so most likely they will be trucked in whole, or broken down into sub-assemblies then reassembled in Odessa.

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atomheartbevo

atomheartbevo 89405

Posted
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15 minutes ago, InkaUtexas said:

Good to supply them, but how are the boats going to be delivered with the blockade and few ports. Seems like trying to retake the Black Sea is better done with artillery and missiles. Not a navy person so asking the experts. Can they be flown in and then trucked? 

10 minutes ago, Scheiss Meister said:

Those are smaller craft, so most likely they will be trucked in whole, or broken down into sub-assemblies then reassembled in Odessa.

And as long as they are close to the western areas of Ukraine and down to Romania, within Ukrainian Harpoon and coastal artillery range, Russia won’t fuck around with them.  This will help Ukraine secure Odessa and points west, and maybe even allow Ukraine to pressure some Russian ships in the Black Sea, that are launching missiles.

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atomheartbevo

atomheartbevo 89405

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BBC tracking an elite Russian unit and showing how bad the Ukrainians wrecked them.


Amid reports of low morale and high casualty numbers in Ukraine's Donbas, BBC Newsnight revisits Russia's 331st Guards Parachute Regiment, considered "the best of the best."

The Donbas has become a battle of attrition with high casualties on both sides, BBC Newsnight charts the impact of the war on the Russian side from the 331st regiment's home in Kostroma to the evolution of symbols painted on their tanks.

In April, we confirmed 39 soldiers had been killed but now BBC Newsnight estimates the total number of casualties to be between 400-500, almost half of the regiment's strength from the beginning of the war. Newsnight's Diplomatic Editor Mark Urban analyses official and social Russian media to continue the story of the elite unit who are still trapped in a conflict that's claiming more and more lives.

 

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atomheartbevo

atomheartbevo 89405

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BBC tracking an elite Russian unit and showing how bad the Ukrainians wrecked them.


Amid reports of low morale and high casualty numbers in Ukraine's Donbas, BBC Newsnight revisits Russia's 331st Guards Parachute Regiment, considered "the best of the best."

The Donbas has become a battle of attrition with high casualties on both sides, BBC Newsnight charts the impact of the war on the Russian side from the 331st regiment's home in Kostroma to the evolution of symbols painted on their tanks.

In April, we confirmed 39 soldiers had been killed but now BBC Newsnight estimates the total number of casualties to be between 400-500, almost half of the regiment's strength from the beginning of the war. Newsnight's Diplomatic Editor Mark Urban analyses official and social Russian media to continue the story of the elite unit who are still trapped in a conflict that's claiming more and more lives.

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AUS-97HORN

AUS-97HORN 11672

Posted
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3 minutes ago, MillerEP said:

 

is there something wrong with Putin's right arm?.... it barely moves when he's walking, while the left is wildly swinging...

 

now he does move it to clasp his hands and he then raises and points with it... but thas a really odd walk for the guy

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Chad Fuck

Chad Fuck 17552

Posted
Posted
40 minutes ago, atomheartbevo said:

Fucking Erdogan making shit up at the last minute. Wonder if this is more related to Greece asking for F-35s.

 

That guy is a bad dude.

I get he's a shrewd negotiator, and this is kind of how things are done in a very tough neighborhood in the world.  But man, fuck that guy.

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Fico

Fico 1743

Posted
Posted (edited)
28 minutes ago, AUS-97HORN said:

 

is there something wrong with Putin's right arm?.... it barely moves when he's walking, while the left is wildly swinging...

 

now he does move it to clasp his hands and he then raises and points with it... but thas a really odd walk for the guy

KGB walk 

Edited by Fico
Link: https://www.livescience.com/53094-russian-officials-vladimir-putin-gunslinger-gait.html
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