Ferrexpo Share Discussion Threads

[onedb1] 14/10/2016 14:36

Once we pass 100p this has a target zone of 120-140p . Not in a straight line obviously but it should get there next 4/8 weeks . Dollar strength , iron ore prices and indeed q4 production forecasts are playing in the bulls favour . Am long

[granto2] 14/10/2016 09:27

i mainly post on LSE, I'll add more data here.

[muffster] 14/10/2016 08:30

Well see plus £1

[bigbigdave] 14/10/2016 08:09

Reversed yesterdays losses already.

[fruitninja84] 13/10/2016 18:34

Excellent Granto2Tbh i don't as a rule trade resource shares esp heavily indebted however i have a few of these a tiny amount and am very interested in learning about the sector and am slowly picking it up. Can you suggest some websites where i may find more useful info for research? More then anything i just wish to get my head around why the mining sector has sprung to life and why one would even invest here :)

[granto2] 13/10/2016 16:52

Production up for Q4, Best quarter this year on the way, official info.

[dunc1n bannanatyme] 13/10/2016 15:40

I'll probably kick myself for not rejoining mind ..

[bigbigdave] 13/10/2016 15:38

Added @92p.

[dunc1n bannanatyme] 13/10/2016 15:22

I'll be honest here I pressed sell yesterday afternoon "by mistake"Currently chuffed at myself ... lolGood luck everyone though

[bigbigdave] 13/10/2016 15:19

Short term noise Gents, it will get there.

[leeson31] 13/10/2016 15:14

whoops :-)

[mreasygoing] 13/10/2016 15:10

Who said 100p was resistance ? You've put the hoodoo on it now ;-)

[granto2] 13/10/2016 12:27

concorde capital also provide their clients updates, but not daily

[leeson31] 13/10/2016 12:26

just looking at the weekly candle chart, the last break was ~119p... i think this run has legs to this area....

[granto2] 13/10/2016 12:22

FRUIT.
I was getting it from here up until recently
hxxp://219.238.233.84/uec/priceIndex.do?method=toIndexOre_zonghe_en
But they have seemed to have stopped. The price I posted yesterday came from a Ukrainian newspaper but it was a once off. I have asked people in China to hunt down a new source of daily prices. No success yet. Platts provide this information but it costs $5000 a year. If anyone else finds a place for daily prices kindly let me know. It's easy to find it for normal iron ore, but not pellets.

[leeson31] 13/10/2016 08:32

nice strength now..

[bigbigdave] 13/10/2016 08:32

Added on early dip.

[fruitninja84] 12/10/2016 17:58

@Granto2If you don't mind me asking where can i get this information? I have been looking for spot iron ore prices online and i often find information conflicts.

[granto2] 12/10/2016 17:46

nothing to do with currency, the market for iron ore pellets was $105 in China this afternoon. the highest since 2014, Ferrexpo delivers to your door for $49 a tonne, anywhere. 9 out of the top ten steel mills are currently buying off Ferrexpo.

[mreasygoing] 12/10/2016 16:53

It should sail through 100p there is no resistance there.

[leeson31] 12/10/2016 16:20

indeed, id say 85pc of the rise is cable weakness related... but i also think until marhc when May triggers article 50, cable will remain weak and fxpo rise... breakout was 85p... imo this is in up mode now.. cheers

[mark_jm] 12/10/2016 16:17

Suspect this upward trend is fuelled by currency rather than fundamental markets . Could swing back if currencies swing back again. Will there be an financial release to go with the recent product toon figures any time soon

[leeson31] 12/10/2016 15:42

back to the highs of the day.... higher vols today than y/day... i think a stab/test at 100p is the next target... whether that's in the next hour, or by Friday, remains to be seen, but this is certainly now with the buyers, and breakout was only 85p, a few meagre pence below current price..

[leeson31] 12/10/2016 11:55

look at those volumes for 11:55am...



MDA's pulling up now too using 7 and 14, which i find best for short/ish term situ's.