If you do not want to see fat minuses in your portfolio, then it costs to read this article. Today I will talk about 3 outsider.

Aeroflot

The company does not need a submission.

It is worth noting the financial indicators right away, the company has a huge debt, low EBITDA and annual revenue. At best, the company will be able to repay this debt in 10 years.

The company's own capital is negative, that is, buying Aeroflot shares, you do not share the capital, but the company's debts.

The company has not yet been able to recover from the pandemic of 2020.

That is, to overlap the losses for 2020-2021, the shares are also lined with 2 times, add here more and sanctions that have been introduced to the owner of the company, the rise in prices for airways, and for Russian airlines, the sky is generally closed to many countries The world, there is a ban on deliveries to Russia leasing aircraft and technology.

The entire Aeroflot Park consists of rented aircraft, and existing contracts and agreements are broken. In general, this is one of the most inappropriate shares for investment.

VTB

You do not need to be an expert to understand what problems the banking area faced.

The situation has deteriorated sharply, this is due to both harsh sanctions against financial institutions, and the entire economy (currency restrictions, business problems and a decrease in population solvency). About some kind of development can not go and speech.

Of course, the entire Russian banking sector suffered, but VTB suffered more than others, the bank fell under the most serious sanctions. The direction of business and the range of services has undergone significant changes towards radical abbreviation.

VTB loses customers due to sanctions, almost complete loss of brokerage services segment (this affected me personally), also, VTB is experiencing problems with currency liquidity. And the likelihood of technical default is only increasing.

In addition, the bank was disconnected from SWIFT and left the European market, and the assets and accounts in the currency were frozen. Therefore, I do not recommend buying shares of VTB Bank.

Growth drivers are now missing, the bank focused on the local market with a truncated set of operations and products.

The same Tinkoff is in a more advantageous position, but I would not buy it either, because, most of the business is occupied by credit products.

Also, the negative factors include the fact that due to the current situation, most likely, the Bank will have to abandon their plans for international expansion in many countries, and in many products - in the direction of reducing or refuse to implement them.

Metallurgi.

At the moment, the metallurgists are pressured from 2 sides: the government freezes the prices in the domestic market and limits the markup, and Europe refuses products.

NLMK is an international steel company with assets in Russia, the USA and European countries, which includes production sites engaged from raw materials to produce finished products with high added value.

Due to significant sanction pressure, NLMK was forced to stop its exports to the EU - it is about 17% of the entire revenue.

Also, it is possible to stop exports to North America - it is about 20% of the total revenue.

Now NLMK is experiencing additional difficulties with logistics. Fast reorientation of supplies is needed. Also, there are risks of frost of foreign assets.

NLMK has already canceled dividends and refused to publish a report for the 1st quarter of 2022. It seems that the company does not want to upset his investors.

The most NLMK will suffer from the imposed sanctions. Restrictions in the supply will also hurt along Severstal, since, the company sends about 30% of its products to this market.

But, if, after all, look for a favorite among metallurgists, then this is MMK. She has the same problems, however, this company has a strong business, and the main share of revenues falls on the domestic market - about 75%.

Today, thanks for your attention!

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