Ferrexpo Share Discussion Threads

[onedb1] 03/1/2017 15:06

Hi BB

I follow PMO too. Still long there am waiting for the break out IF it comes .

As for FXPO , the MFI divergence is obvious to me, the last low in MFI was achieved much lower in price terms . So IF am reading it right( and that is the issue ) it may turn from these levels. After all premium pellet prices are stable and pretty high. Nothing changed to the bad so fingers crossed. Stop loss is about 10p below entrance for me .

[bellbottom] 03/1/2017 14:36

Hi Onedb1

I do hope you are right as I am on the cusp of another purchase of FXPO myself, having disposed of a tranch of PMO this morning for a reasonable profit.

Good luck.

[onedb1] 03/1/2017 14:18

Looking for the level to enter on this pullback , need to be quick before the RNS on production . 130p seems about right to me , adding a third position to my overall . Am not seeing anything to suggest a reason for a pullback other than justified profit taking . But that should be more or less done at 130p . Am seeing a divergence on MFI ( money flow index ) and with reduced volumes this gives me confidence the pullback is losing steam and reached its low on this swing. Hoping am right as 130 order is placed I'll take 130.5 . Lets see if right or wrong .

[bellbottom] 03/1/2017 11:41

Cyberwars are definitely the way forward for the likes of Russia and China and let's face it, the US and the UK as well. So much cheaper to instigate and manage. And easier to continually deny. The weapon of choice moving forward.



Hopefully FXPO will lift off again, but not expecting anything significant to happen until February. After this week's official update I'd expect a small drop in price - but hey, I'm usually wrong as mush as I'm right. I wish I knew when I was wrong and when I was right and I'd be a happy soul.

Happy New Year to FXPO holders/traders.

[pbutterworth1] 03/1/2017 09:19

Morning Peoples, Happy New Year. The 25th of January 90 day standstill possible share holding sale is currently weighing on sentiment in this share in the January run up. So a good time to buy more could be in the next few days. Certainly Feb will see much higher prices. IMHO DYO GL.....

[telbap] 01/1/2017 13:53

Happy new year all, here's hoping for a return to normal service on Tuesday, looking for 145 at least.

[scottishfield] 28/12/2016 20:19

Looks ready chartwise perhaps.

[che7win] 28/12/2016 20:16

Sf, It looked so this morning, but fell rest of say, other miners up.

[scottishfield] 28/12/2016 20:09

Ready for another turn up here?

[onedb1] 21/12/2016 16:07

Am still sticking to my 165-170 view .intermediate target . Low liquidity around this period is not very indicative of momentum or strength in general . Iron ore prices are high and with the q4 production update coming early Jan I am quite confident that H2 2016 revenues have been very good . Price will start to reflect value once liquidity is back

[bellbottom] 21/12/2016 12:18

With the lack of any direct Ferrexpo news and nothing official expected until earnings release on 6 Jan 2017, mustn't forget the overall and ongoing situation in Ukraine. Generally, news from Ukraine has ceased being front page headlines in UK media. But battles still rage with Russian backed rebels in the East. We already know that this has had an effect on Zhevago's other businesses in Ukraine, one of which is based in the Donbas region.





I note that this week PrivatBank (Ukraine's largest bank!) declared bankrupt and being nationalised by the NBU, with approval of IMF - all adds to the overall mix.



You probably already know that Zhevago owns a Ukrainian football team, Vorskla, based in his mining city of Poltava. They are having ongoing problems with debts and unpaid salaries. According to new reports, anything from six to nine months players have not received any salaries. Can you imagaine this happening to a premier league club? I admit I don't understand the financial situation here. But the question I ask myself is why doesn't he pay them from his huge personal wealth?



As much as I am invested in this company and believe in the strength of the product and the companay Ferrexpo, I still have my reservations about so many other aspects that have an influence, including the owner and his many fingers in many pies.

Sorry if this is a distraction but this is not the most exciting week on the stock markets - everything seems to be on a pre Xmas dip.

Lets hope that 2017 starts on a positive note and carries on in that vein.

Best wishes for Xmas and 2017

[gilesgraves] 20/12/2016 08:38

Me too. Id like to get back in ASAP. Waiting to feel comfortable though

[telbap] 19/12/2016 15:59

Giles I closed today also, think this year's rally might be played out.Will keep my beady eye on them, I feel sure they will perform over time.

[old fool2] 19/12/2016 09:08

FXPO included in Ftse 250 from today

[gilesgraves] 19/12/2016 09:06

Another bounce at 135? Buy back in? Not sure. This is Tricky. Iron Ore price seems to be dipping. May sit on the sidelines for a couple of days. I sold out on Thursday

[gilesgraves] 18/12/2016 10:55

Granto are you there? What do you think to the current share price here. I remember you had a level of 120 that you were confident in. We seem to be bouncing around between 130 and 150 at the moment. How do you see the time from now until March playing out? Especially end of Jan - is the second tranche of that large share sale (end Nov 110p) a dead cert?

[che7win] 17/12/2016 18:25

I don't know, miners are not the dead certain trade they were.Kaz chart keeling over, FXPO looks to be evenly balanced here, market uncertain which direction.

[telbap] 17/12/2016 10:13

Wondered why vols were up, thought it was an end of year retail clear out. Large selle makes much more sense and also is a relief.

[old fool2] 16/12/2016 18:26

Has anybody noticed a big sale at the end of day of 4,171,542 – some body is been selling all day. No wonder we are down over 6% lets hope the seller is gone and we will be up on Monday.

[mark_jm] 16/12/2016 14:33

Production update due 2nd week Jan 17 if this year is anything to go by.
Hopefully this will reveal some positive cash.

[onedb1] 16/12/2016 12:53

I think it's Tuesday that this enters the Ftse 250. Seems a bit counterintuitive to be selling but then the low volume suggests it's small punters .

[telbap] 15/12/2016 17:21

Strange day! Expecting a pull back tomorrow profit taking Friday.

[telbap] 14/12/2016 16:31

Wanted a nice last min pop to 150..OK, good day to bring us back on track

[telbap] 14/12/2016 11:11

@ the one. I have 15k in my sipp.....I was gonna sell my boohoo long term hold, but presto this am they are on the move north....soo 15k is it for now. Have held off the sb increase for now, on 25£ pp, break even at 155.