Ferrexpo Share Discussion Threads

[mister md] 09/8/2016 15:24

averaging up is the way to go ;)

[mreasygoing] 09/8/2016 15:22

I thought you had a few you held onto ?

[pbutterworth1] 09/8/2016 15:22

looks like quote about to get unobtainable

[dunc1n bannanatyme] 09/8/2016 15:21

Well done anyone who held on BTWReluctant to rejoin at the moment

[pbutterworth1] 09/8/2016 15:18

....Sell in May (or August) and go away looks like a really really bad idea this year.....

[telbap] 09/8/2016 14:48

Granto......sound reasons.... so the question remains.....why the hike in share price ...Re rate?

[granto2] 09/8/2016 13:09

Takeover? highly unlikely. The CEO controls 51% of the company and has built it up from scratch. His determination to hold on 51% control, when we all know 40% of the shares would give him effective control anyway shows he is not one for letting go of anything. all his innovations and capex have been completed, his client base is becoming more pleasant to deal with, he has just refurbed his offices. Nothing here points to a seller. The price movement here is ore price driven. Yes it would make a sweet buy but again not really….. most of the big players would not fancy dealing with the situation in Ukraine, would you like to go in there as the new CEO… not me. so No, I doubt this will be taken over.

[pbutterworth1] 09/8/2016 13:01

If the stock is too cheap then yes people from all over the world will be looking to grab world number 3 iron ore assets

[specul82] 09/8/2016 12:49

Do think there is the likelihood of a takeover

[pbutterworth1] 09/8/2016 12:29

This stock often does well in the afternoon, and I wonder if US investors are having a sniff. We will see....

[p163] 09/8/2016 12:22

Huge volumes. Is there news coming?

[dunc1n bannanatyme] 09/8/2016 12:03

Pb1 ....Itchy don't - he's a 1 off though ;-)

[pbutterworth1] 09/8/2016 11:59

Dunc- none of us "get 5k free". We use profits to cover inevitable losses on other investments, and to cover our study time :-) There is no free lunch....

[dunc1n bannanatyme] 09/8/2016 11:53

Mr e .... I still got 5k free I'm hoping for a pullback

[mreasygoing] 09/8/2016 11:49

I see where you're coming from Duncan, I sold a few that I bought in the teens too. I have a free ride now. Will wait for £2+

[essential] 09/8/2016 11:45

Yep profit too good to turn down. Waiting for a pull back before re-entering.

[pbutterworth1] 09/8/2016 11:29

waited long about 10 months for this

[pbutterworth1] 09/8/2016 11:28

Its ripping now

[pbutterworth1] 09/8/2016 11:27

Dunc1 - Well good luck in exit. Big picture long says this stock is still VERY cheap.....

[itchycrack] 09/8/2016 11:04

mreasygoing - probably because its a word I don't have to use very often :-)

[dunc1n bannanatyme] 09/8/2016 10:47

Well my target been hit at 71So I'm oooot

[firtashia] 09/8/2016 10:33

This one reminds me of STY which was on a ridiculously low P/E due to debt refinancing concerns. Once financial backing was secured the share price rocketed in a very short space of time. However STY is an illiquid microcap with limited II investment. FXPO is on the radar of II'S but it will take them a while to build substantial positions in FXPO. Compare the average daily volumes traded (consistently >1 million) since the announcements around late Jul-early Aug with those volumes before. The recent earnings upgrades caused by the rise in iron ore prices will help sentiment too. Very healthy volumes again today, too & hopefully it will continue for a few weeks yet. GLAH.

[bigbigdave] 09/8/2016 10:31

Very nice :o)

[mreasygoing] 09/8/2016 09:55

Losing* Why can't people get that word right !

[granto2] 09/8/2016 09:34

Itchy? how was Christmas. Did you have any crackers? hands up you called this one wrong.