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Share Name Share Symbol Market Type Share ISIN Share Description
Ferrexpo Plc LSE:FXPO London Ordinary Share GB00B1XH2C03 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -22.00 -5.7% 364.20 362.40 363.20 390.60 356.80 390.60 2,687,292 16:35:15
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Metals 1,243.6 547.0 79.1 4.6 2,236

Ferrexpo Share Discussion Threads

Showing 9301 to 9321 of 9325 messages
Chat Pages: 373  372  371  370  369  368  367  366  365  364  363  362  Older
DateSubjectAuthorDiscuss
11/4/2021
18:59
https://news.sky.com/story/amp/russia-inside-the-kremlins-military-build-up-along-the-ukraine-border-12272418
r9505571
11/4/2021
10:32
This from the FARS News Agency - Iranian 'semi official' supposedly independent news?! Https://www.farsnews.ir/en/news/14000122000331/Ukraine-Says-I-Will-N-Back-Dwn-Rssian-Pressre Another viewpoint on the sabre rattling. BB
bellbottom
11/4/2021
10:26
Interesting Sunday reading. Https://www.theguardian.com/commentisfree/2021/apr/11/china-v-russia-v-america-is-2021-the-year-orwells-1984-comes-true Dividend payment this week. May just be reinvested in fxpo. BB
bellbottom
10/4/2021
15:45
hTTps://www.aljazeera.com/news/2021/4/9/ukraine-rules-out-offensive-against-russia-backed-separatists
podgyted
09/4/2021
19:14
Ukraine rules out offensive against Russia-backed separatists.
mustau
09/4/2021
18:06
Thanks buzzy_s. Just posted it.
plasybryn
09/4/2021
15:21
Hi Plasybryn, yes feel free to copy and paste. Don't worry about crediting or anything. Please let us know if someone comes up with better numbers on LSE.
bozzy_s
09/4/2021
15:17
Believe so but headlines are headlines and people react sometimes. Human nature or just silly selling or a risk based top slice.
its the oxman
09/4/2021
15:10
Please excuse my ignorance, but are the Ferrexpo mines not located near Kremenchuk in Central Ukraine? That's over 400km away from the fighting in Donetsk
jon4567
09/4/2021
14:28
Everytime this happens it's a great opportunity to add, just got to be clever or lucky enough to catch the turn.
its the oxman
09/4/2021
13:36
Just seen this on the BBC news site. Ukraine conflict: Moscow could 'defend' Russia-backed rebels https://www.bbc.co.uk/news/world-europe-56678665
xamf
09/4/2021
05:51
Thanks for the work done here. Makes ac very persuasive investment case. If you don't use the LSE site are you ok with me posting it there, obviously credited to you?
plasybryn
09/4/2021
00:28
Thanks XAMF. Credit to Denziiil for highlighting the cost per tonne of pellets, which I'd originally failed to account for. Thags that's the approx pre-tax profit for Q1. I'm not sure what the tax figure will be. Probably a higher percentage than 2020 (15% of operating profit), and 2019 (12.2%). It is pure guesswork, but let's say 20% tax. Hopefully a bit lower in reality. That would give a net profit, after tax, of $313m for Q1. EPS of 53c / 38p. The pellet price is currently $22 higher than Q1 average. It's exciting to predict Q2, and especially Q3 and Q4 results (when production will be increased to 13m tonnes/year)... Q2 same production as Q1 at average price of $262: Revenue $711,068,000. Pre-tax profit $425,787,000. Q3 at increased production of 3.25m tonnes @ $262: Revenue $851,500,000. Pre-tax profit $509,878,000. Q4 same as Q3: Revenue $851,500,000. Pre-tax profit $509,878,000. That would give annual results of: Revenue $3,067,531,000 Operating Profit (pre tax) $1,836,837,563 Profit after tax @ say 20% $1,469,470,050 EPS (pre tax) $3.12 / £2.26 EPS (after tax) $2.50 / £1.81 Annual earnings of £1.81 per share, after tax, if nothing changes from here. I'll be reinvesting my dividend on 15th April :) It feels the market has priced in about a 75% fall in iron ore prices for FXPO !!! I feel it's very very wrong. Valuing FXPO on a P/E of 2 at current prices, and possibly a P/E of 1.5 for next year, is nuts. Best value share in London. That's before taking into account a 15% and fast-rising dividend. Might be paying dividends of £1 per share in a couple of years.
bozzy_s
08/4/2021
22:26
Bozzy that calc you've done, what's the net profit roughly for the year or is that net
thags
08/4/2021
22:17
That would be an incredible EPS figure particularly in light of reduced production. Thanks for your invaluable posts Bozzy.
xamf
08/4/2021
13:24
No nasty surprises in the update. Q1 results approx: Revenue $653,463,000 ($240.78 x 2714k tonnes) Operating profit (based on 2020's FY accounts profit margin 59.88%) $391,293,000 EPS (pre-tax) 66c / 48p Very impressive for 3 months of slightly reduced production. Probably looking at pre-tax EPS of £2 for the year if pellet prices stay strong.
bozzy_s
08/4/2021
08:16
Positive update, all as expected and on track to see a production rate increase. Next update re next div payment should be more insightful.
its the oxman
08/4/2021
08:00
Production drop had already been flagged in FY results "The Group expects to deliver a further increase in production from the level seen in 2020. Pellet production is likely to be higher in the second half of 2021 as pelletiser upgrade work is planned for the first half of the year, which will deliver approximately 0.5-1.0 million tonnes per annum of additional full year pelletiser capacity in the second half of 2021. "
pastybap
08/4/2021
07:14
Total iron ore pellet production of 2.7 million tonnes ("Mt"), representing a year on year result in line with pellet production in 1Q 2020, and 12% below 4Q 2020, reflecting ongoing pelletiser upgrade work.
r9505571
07/4/2021
16:38
Yep Scandinavia seems to be the happiest place to live. Sweden is very cheap - my old postie retired there about 10 years ago. Got a 4 bed detached house beside a lake for around £25,000. That's right up north. It's more expensive in cities and the south. Don't want to be off topic too much. Brilliant performance by FXPO today. With the dividend we're at over £4 a share. Edit... today's pellet price just posted; another multi-year high. $202 + $64.30 pellet premium for 65% iron ore..
bozzy_s
07/4/2021
16:28
no way you can be happy when its dark 6 months of the year surely.
norman the doorman
Chat Pages: 373  372  371  370  369  368  367  366  365  364  363  362  Older
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