Ferrexpo Share Discussion Threads

[foxy22] 29/11/2016 09:39

Dalian iron ore futures over 80 today

[pbutterworth1] 28/11/2016 15:58

FXPO never ceasing to surprise. i was expecting another down day (today) before the next up. It isn't turning out that way...

[gilesgraves] 28/11/2016 14:46

I will try not to let it go to my head. (....currently buying god-like golden egyptian throne and sceptre)

[ulftherock] 28/11/2016 14:21

Nanosecond low... heh heh. I like that. Okay Giles, I'm now hanging on every word.

[mustau] 28/11/2016 10:34

Added a few more, expect 150 to be eventually breached. Any drop under 120, will add a few more.

[telbap] 28/11/2016 09:23

Wrong again!! Looks like I will have to buy again to average.

[telbap] 28/11/2016 08:41

Giles, lots like 121 was the nanosecond low, 124 looks like my entry point.

[napoleon 14th] 26/11/2016 14:19

tel -
O/T - I kept all my SOU & think the way JP raised enough dosh to go without any more outside money is great, but admit at being disappointed the share price didn't budge, tho' that's an obvious under the circumstances.
"Great" doesn't usually happen in a day, so I'll stick in there for some time yet.
I filtered chellie & ngsm as they're just noise, so I wander over to the other SOU thread to get away from it all 'cos it's a bit of a nuthouse in there sometimes...

FXPO - looks like I might get to sell half on a double; that's 150p onwards, 200p for the last post-placing fill up @ 100p. Dunno how far this will run & it may yet surprise us.... The 10 yr chart is good material for fantasy! Better play this by ear & day to day.

I also hold GLEN, KAZ & VED, & reckon the sector is good for a lot more, but WTFDIK?

[jimmygee2] 26/11/2016 12:39

Giles - that sounds bloody stressful!!Just buy and sit back :)

[gilesgraves] 26/11/2016 09:51

HAHa, don't worry ultherock, I am a sucker for Ferrexpo. I cannot wait to buy back in. I am going to buy everything back on Monday morning. My prediction (mystic Meg) is that it will start a little lower than Friday's close. It will then dip down to just above 120 and that will be where I buy. Then it will end the day up, albeit slightly lower than its open. So a Red hammer style candle. Tuesday will be a quick up and I will Sell some. Then I will get all in on Wednesday. Buy and hold as long as I can. Thats my Plan. Obviously I may completely crash and burn and be left crying over my lost fortune. But if I do Im going to just hold out until it returns. Overall I have convinced myself this is going to 200 so although I'm trying to make the most of peaks and troughs, Im going to suck it up and hold whenever I get it wrong. For the moment.

[telbap] 26/11/2016 08:54

Hi Napoleon.......Reading a little more here and looking back at the company history a little more, think I might put some of my sou profits here, don't tell them on that BB thread, I sold all my holdings in the 80,s post the first flash drop we had, could not explain that, other than "a perfect storm" big short going on, followed by fuzzy coming off, followed by a lot stops being triggered. Only bought back on the second crazy dip in low 70s at around 30% of original holding. I love the story over there, but alarm bells are alarm bells. I am careful not to be too negative over there or the uber positive police will assassinate me! Love the chelly narrative, except when he gets too personal with Michaelmichael2 poster, then I just depends into vile in needed diatribe.Harva, caviat emptor, etc etc so going to buy some back here Monday or Tuesday, will check out the last 4 years post thanksgiving dip, work the average %, then totally ignore it and go with my gut feeling!Gla , excellent BB here.

[ulftherock] 25/11/2016 16:51

Dammit. I didn't listen to Giles.

[gilesgraves] 25/11/2016 15:34

Yes my prediction is so far right. When I looked at historical charts I mean charts in years where the price has been ascending. In fact most years there has been a post Thanksgiving dip. I sold almost all my holding yesterday, a little early. But Im glad I did. Im predicting this dip could go to Tuesday absolute latest which will be a great buying opportunity. It maybe the lowest price is achieved on Monday to buy back in. I am very confident this stock will be above 140 by the end of next week. Famous last words and all that....

[bigbigdave] 25/11/2016 13:38

Cantor Fitzgerald lifts its price target on Ferrexpo to 166.00 pence from 117.00p.

[jimmygee2] 25/11/2016 12:57

No I tend to go in after the more brutal drops. When my emotions say sell - i usually buy.Not feeling v emotional today.

[seroserio] 25/11/2016 12:45

Are you topping up jimmy?

[jimmygee2] 25/11/2016 12:43

Giles - looks like your little dip prediction came true!

[sarahbudd] 25/11/2016 12:29

Annoying... can't add this BB as a favourite..

[napoleon 14th] 25/11/2016 08:42

Hi telbap. Good to see you in FXPO as well. I'm as overweight here as I am around my waist! Caution, therefor.
Sibir was a 22p to £8 to 40p to £5.50 story from '03 to '08, & I fully endorse
bellbotom's "Its only real money when you sell. Until that point it is just numbers on a screen - mustn't forget that."

Still, so far so good & I'm staying overweight, as in "nothing ventured, nothing gained", but holders here had better stay wide awake & ready to sell too early rather than too late IMO.

Nice thread anyway, devoid of BB psychos there are too many of elsewhere.......

[gilesgraves] 25/11/2016 08:17

Great day yesterday. I have been looking back at the charts from previous years and it looks like most years the stock goes down after thanksgiving for a couple of days. Following that pattern we would see a little dip from now to wednesday and then back up. However, I think Iron price has done well again over night (another 2% up), so maybe we will in fact just keep going up and use 130 as resistance. Who knows. Watching closely.

[jimmygee2] 24/11/2016 17:57

Thanks Giles! Close above 130 v significant I think. What's funny is that the 'experts' were predicting a savage fall in iron ore prices from October.The opposite happened!

[mark_jm] 24/11/2016 16:46

over the course of the past 10 years the share price of this stock has had a very close correlation with the commodity price or iron ore, and nothing seems to have changed to me. OK so they have some financing challenges ahead in the next few years , but with a stable or climbing commodity price, I dont see that as too much of a risk. We have always had some dubious characters on the board too, so apart from heightened geo political risks, is there any thing significantly different now, to the last time this share passed through to £1-2 zone, and proceeded on up to £4?

[gilesgraves] 24/11/2016 14:34

Jimmygee2. Amazing. Thats the way to do it.

[telbap] 24/11/2016 14:25

Hi Napoleon.....I bought here in 60s, sold 116 off the last spike. Thought they were gonna take a kicking after all that micky mouse rubbish with the "placing" with more to come next year......what's your worry except the insane rocket from 30p to 130p?

[jimmygee2] 24/11/2016 14:23

Breakout? I've held since 30p - buying on every dip has worked wonders.