Ferrexpo Share Discussion Threads

[shaf200] 08/12/2016 11:11

50% up in months... money grows on trees

[telbap] 08/12/2016 08:10

Cheers all, got a dormant account with oh, will set it live today. CMC I find d is the better spread betting platform, but no iron ore...grrrrrrrr!

[mark_jm] 07/12/2016 20:55

Looked at the ig website re ore price, what are the units on the graph seems to be in the 600's at present?

[mreasygoing] 07/12/2016 19:08

Lovely to see this motoring along. Buy the dips chaps and chapesses.

[mustau] 07/12/2016 15:13

Letting the side down today.

[gilesgraves] 07/12/2016 12:03

150 is not very far away now. Amazing really.

[muffster] 07/12/2016 09:04

I follow IG iron ore chart too

[gilesgraves] 07/12/2016 09:01

i like the one on ig.com. Just search iron ore. It ticks before trading starts and then all afternoon. FXPO seems to follow it most days

[telbap] 07/12/2016 09:00

Looking around there are so many iron ore markets, anyone following one that bears some relevance with the share price here??

[gilesgraves] 07/12/2016 08:05

happy days. How lucky are we

[telbap] 06/12/2016 16:28

Looks like a close at 12 month high, next stop, wtfk? Liking the idea of a return to 300p, and why not?

[granto2] 06/12/2016 15:31

Mark, yes this company's share price tracks the iron ore price, this is because this company only has one product and it's Iron Ore pellets. Due to leveraging and debt this company is even more sensitive to the iron ore spot price than other companies.

[telbap] 06/12/2016 15:24

Just topped up at 143.88, almost top of the day so far, typical! Very happy to let this ride as top sliced my main holding 2 times now.

[telbap] 06/12/2016 13:31

Lots of volume last 2 days, hope we can close on ath, then I will stick in 20k and ride upto 200 cannot see much resistance between .....happy days.

[volsung] 05/12/2016 15:57

To infinity and beyond..

[mark_jm] 05/12/2016 15:21

Is this rise in line with an iron ore price rise .

[jimmygee2] 05/12/2016 15:16

Pssst - Sshh!Breakout

[telbap] 05/12/2016 15:13

11pt rise today and not a whisper ;-)

[gilesgraves] 01/12/2016 17:15

I totally agree Mreasygoing. I got involved with ferrexpo in the 80p range. I have stuck with it for long periods. The only reason I sold out and bought back in was because I was keen to profit from the Oil news. I felt the media were being far too negative about the deal and I felt sure it would happen. Anyway, it was amount of disloyalty. Im back, as of this morning. Although I do retain some Oil stocks (PMO) and am keeping my eye on RRS for late Friday afternoon (as I believe in Quitaly). Ferrexpo I am very excited about. Well done indeed for being in this from the 20s. I wish I had known about it then.

[mreasygoing] 01/12/2016 15:53

Giles, long term you're better off buying and holding. But each to their own. Check out the yearly stock challenge and look at my holding. FXPO is my star. Fortunately I have held all my real shares since buying in the teens and 20's. Less stressful and more profitable long term than jumping in and out.

[gilesgraves] 01/12/2016 14:56

i am pretty relaxed to be honest. People are jumping into Oil today. I enjoyed Oil stocks yesterday and today but now Im coming back to ferrexpo.

[pbutterworth1] 01/12/2016 13:46

giles - do be careful not to get carried away :-) I like FXPO too and hold. I reduced today however (temporarily?), because the shareholder risk profile is higher than several other attractive commodity plays with a much broader holding base.

[bellbottom] 01/12/2016 13:45

Ferrexpo should see permissions granted to expand their Ukrainian operation. This was expected during December - ie, this month - known as the Belanova or Belanovsky Mining Works.

The expansion will increase production from 9.5 Mpta to 16 Mtpa of pellets and provide an additional 4 Mtpa of export concentrate. FPM has an estimated resource of 18 billion tonnes of iron ore (predominantly magnetite) in nine deposits with an average iron content of approximately 30%. Mining is currently undertaken at the Gorishne - Plavninskoe and Larrikovskor deposits and development is planned for the Yeristorskoe deposit located just north from existing operations.

In light of Ferrexpo having increased its stake in Poltava Mining, announceed 2nd November, then this is all good news for the future, barring any bad news of course.

[gilesgraves] 01/12/2016 13:12

The iron ore price continues to rise. Latest PMI data out of china is better than expected. Im thinking Ferrexpo will have a good december AND rise throughout January too.