1Yr·

Any ideas on how I can get rid of my Gazprom shares? $GAZP get rid of them 😂?


I have placed a securities account deletion order and had everything transferred, these are now still worth just under €11 and can only be transferred to a Russian securities account or similar and only then can my securities account be completely deleted 🫠...


I have also applied to have them written off without replacement, but this is also not possible due to the sanctions.


So if anyone has any other ideas or even a Russian custody account, I'd be happy to hand them over for a 10 👍,


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39 Comments

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Join me here, looking at this idiotic investment makes me sicker every day.

I have learned from it and I am grateful for that, but for health reasons I would like to draw a line under it and have the whole thing written off.
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There are a few. You can neither buy nor sell them. Maybe wait until the sanctions against Russia are lifted.
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@MrMister and continue to pay €3.99/month in fees for an account worth €11? Nenenene, I'm not up for that
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@derlieblingsbanker ah no, then don't bother. You can't transfer the shares to a free custody account either?
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@MrMister that's the problem: due to the sanctions, they are no longer tradable / transferable AUẞER to Russian securities accounts... but I don't have one and now I can't quickly open one in Russia so that I can transfer the securities there just to sell them... because of 11€ 😂
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Perhaps a little exaggerated, but you could check with BaFin whether it really isn't possible to have them written off or transferred. It can't really be the case that you are only forced to keep the custody account because of this 😅
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@Therealjim that's actually a sensible idea! I could at least check with Bafin 👍 thanks!
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Don't get rid of it, leave it as a memorial.
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@IkarusMK and let the deposit run and pay 3.99€ for it because of 11€ deposit value? 😂
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@derlieblingsbanker so did you open a depo just for that? 😂😂😂🙈🙈
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@IkarusMK no, that was one of my very first portfolios, TR and co. didn't really exist yet... but it has become too expensive for me in the meantime and I still had the shares in it. I have already transferred everything else...
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@derlieblingsbanker then take them with you, it doesn't make the cabbage any fatter anyway... and what do you want to stress yourself out with back and forth and how do I get out of it?
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@IkarusMK well... the securities account, which costs me 3.99€ per month and only has a value of 11€, I can't close because of these shares... I've been paying 3.99€/month for almost 1 year... that's more than the securities account is even worth? 😂
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@derlieblingsbanker That really sucks ... but this entered value cannot be transferred? Why? Doesn't anyone want to tie this shit to their leg?
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@IkarusMK There are sanctions that prohibit the trading, transfer and co. of these securities. They are therefore virtually frozen and can only be transferred to a Russian custody account...
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@derlieblingsbanker then I would just cancel the Depo for fun and see what they do with your "property" to charge fees for it is funny !!! It will be just as funny when they have to see what they do with it 😉
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@IkarusMK I have already terminated the custody account twice or submitted the order to delete the custody account... this is rejected every time because of the sanctions 😂
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@derlieblingsbanker wow and the fees are still deducted??? .... Mmh pity thought you could use the whole thing as a "plaything of the bureaucrats" ... is that legal ?? ...
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If a broker currently offers this, then I think freedom24. But I'm not sure.
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@GiroOlaf What makes you think that? And how can I find out?
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@derlieblingsbanker They have offered GDR and ADR conversions of Russian shares, and are still doing so. However, I don't know whether this also applies to Gazprom...
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@GiroOlaf thanks for the tip, I'll have to check if that's possible there 👍
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I don't understand the hustle and bustle, drink tea, sit it out, as long as there is no new cold war, they will be tradable again at some point. I probably wouldn't even sell them then, because it's not worth it or they will still pay out their dividends and I don't know how that's regulated, maybe someone knows more about it, but it would be interesting to me whether you receive the unpaid dividends retrospectively because you're entitled to them
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@Marco-VI it's not about rushing and "selling quickly" it's also not about the value or the loss... but I can't liquidate my securities account, which still costs me fees 😂 and I don't see the point in paying €3.99 a month for an €11 securities account value? 🤣 THAT'S WHY I want to get them out as quickly as possible, I didn't transfer my custody account assets to TR & SC for nothing 🥲
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@derlieblingsbanker I see, I wasn't aware of that, I was able to transfer Gazprom to Traderepublic, shouldn't really be a problem
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@Marco-VI There were also no queries or additional effort, it was transferred 1 to 1 with the remaining values
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@Marco-VI I have already tried to transfer it 4 times... but neither TR nor SC accept it 😂
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@derlieblingsbanker I'm surprised, which bank is that? Have the three brokers sent you a letter explaining the reasons? If not, have you contacted them?
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@Marco-VI Answer always due to the sanctions the transfer, trading, etc. is not possible...
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So mine were transferred from smartbroker to smartbroker+...
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@TimmaeH04 Everything I try is blocked... transfer not possible, nor sale, nor deletion, nor derecognition without replacement 🥲
Russian shares will become tradable again. If not this year, then next year.
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@Wehyernese Let's hope so! I'm paying fees for the custody account because the Russian shares are still in there but not booked out 😂
Deleted User
1Yr
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@Michael-official as already described in the post, I have already checked there many times and also requested a "write-off without replacement". But due to the sanctions it is not possible 😂...
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Deleted User
1Yr
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