Ferrexpo Share Discussion Threads

[old fool2] 31/3/2017 08:49

today is the last day for buying nor for selling if you want the divi

[telbap] 31/3/2017 00:19

One dB....again, geet your drift, but cannot understand how you arrive to the conclusion!Please humor a very unwise investor!

[onedb1] 30/3/2017 17:36

Nice . Enjoyed all these dips and rises along the trend . Booked 10 days holidays to enjoy life as well. Got the first divi already added to my account today - sweet. I have been on the ball since the 70p levels . Few mistakes in selling some . But overall if I find charts like this one I know they can make a huge p&l . Once you chart for relative strength in say commodities vs other asset classes , from top down you move to ranking the stocks in the sector and those that start a trend can earn huge figures . Add good scaling into and position size management , you end with a near as possible perfect situation and trading tecqnique. Beats both in absolute and relative terms anything else . I pray I find the next !! As with current capital I'd make a killing lol.

[telbap] 30/3/2017 16:29

Yep, 171 close, nice chart today, strong and steady gain, back in the zone for 180 and beyond.

[telbap] 30/3/2017 13:14

170 plus today

[discodave4] 30/3/2017 09:04

Sorry, post 4598 wrong board.

[volsung] 30/3/2017 08:36

I have writ a compliant to the fxpo peeps. I need wonga. Give me wonga. You need to be 200p. Do it now! I will tell you if they get back to me

[discodave4] 30/3/2017 08:29

Ex div today?

[telbap] 29/3/2017 19:20

Well certainly popped well today, tomorrow is the real acid test, to see if we can hold and build on the gains. We need to break into the 170s to sustain our current short term trend, otherwise, technically, we could be bouncing between 170 / 150s until something fundamental news wise pushes us up or indeed down. Money is still set for a northward progression, let's see how we go.

[seroserio] 29/3/2017 17:21

production update 6 april 17
AGM 25 May 17
production report 6 july 17
interims 3 aug 17
production update 5 oct 17

[jjhbev] 29/3/2017 16:28

The quarterly production updates historically have contained nothing but the production figures/quantities and product mix. I suppose it is possible that they may add some financial info but personally I feel that is highly unlikely.

I think that the next time we will get any trading information will be when the AGM statement is released which is in the second half of May. Last year that did include some information on trading including market conditions. Again however it did not include any detailed financial P&L information - the next time we get that will probably be the half year report. This comes out at the start of August - which seems like a long time away!

Something that might be different this year would be if there is a change in the debt structure of the company - possibly a replacement of the Bonds (in whole or in part) by a PXF facility. In that case there may be the release of information on financial performance. Personally, I am assuming we will have to wait till August.

[bellbottom] 29/3/2017 11:42

April 6th 1Q report isn't it?

[telbap] 29/3/2017 11:38

JJ....are these guys normally quick to report end of qtr results? We will get a huge kick up the share price once they are out for sure.

[jjhbev] 29/3/2017 09:15

Just a quick follow up on the results presentation & the subject of pellet premiums.

For 2016 the pellet premiums appear to have averaged $26. This is based on the $ price per ton achieved by Fxpo less the Iron Ore price for the year. (For 2015 the same calculation shows a premium of $29 - which just goes to show how low premiums were at the start of 2016).

Turning to 2017, if you listen to the results presentation you will hear the CFO say (at approaching the 7 minute mark)that this year "premiums are $18 higher" than last year.

That implies a premium well in excess of $40 per ton. And if Q&A comments on premium methodology are correct, this premium will apply to 100% of production for the first quarter and to 30% for the whole of 2017.

I have no idea if the current year figures are actually correct but the CFO is a very "correct" individual who I do not believe would mislead us/the market. If the figures are correct we are looking at a stonking half year - subject to production being in line with last year (I still can't believe that no one asked about current year production guidance!).

[onedb1] 29/3/2017 08:03

Sprinting from the start today

[telbap] 28/3/2017 15:29

Triple top today at 163. This should absolutely fly once it breaks that resistance point.

[telbap] 28/3/2017 09:09

Yo-yo comes to mind..;-)

[telbap] 27/3/2017 11:15

DB.....they know when the value is their, just reasons for it to be kept where the share price is, be they political/fundamental valuations or other Shananagans. Happy to wait, as value will always out, especially when we have Q1 figures maybe next week.Then they will lay the path for this year's real earnings at current prices and cost base. If it still runs sideways then their are other fundamental reasons the market is holding it back which we will have to bow down to.

[onedb1] 27/3/2017 09:24

Genuinely look at the EPS and extrapolate a forward EPS for 2017 at $65 . In single digit P/E ratio this should already be over 200p . Market takes time to digest info . It's not as efficient as many think

[telbap] 25/3/2017 22:59

Hl are pretty useless indeed. Too much work for them to service their clients correctly.......lol, #timetomove

[sarahbudd] 24/3/2017 22:54

BB I had exactly the same response from AJ Bell

[telbap] 24/3/2017 18:25

Old fool......That's for banks only

[old fool2] 24/3/2017 16:55

Just think if they go bust you will only get £75,000 back

[pbutterworth1] 24/3/2017 15:09

...unclaimed billions - dodgy indeed. Time go out into the sunshine and think about more positive things I can influence to release the frustration...