Ferrexpo Share Discussion Threads

[telbap] 15/5/2017 18:21

Strong close, 4miln traded, we need to bust 170 and hold it tomorrow for the next step to take place. I can see a great technical play falling into place after we pass 170,

[telbap] 15/5/2017 10:20

Had so any false starts for the next step up I have lost count!

[telbap] 11/5/2017 14:56

Again with the pm share price collapse.

[napoleon 14th] 10/5/2017 12:43

Took all may remaining (sizeable) profits last week, & nowt to do with Macron etc.
Mines & minerals in limbo, rather dependant on China IMO, which is not in a bull phase.

[onedb1] 10/5/2017 08:33

Am on hols so not posting much but as usual technicals do a great job here . Got more on the dips on support and this level if I recall well suggests breakout today

[gilesgraves] 04/5/2017 17:07

The iron ore price has dropped over 12% in two days so Im not surprised this is down. This should be back at 137 but was saved by people buying in - because today is an ex-dividend date

[telbap] 04/5/2017 16:08

This stock is so manipulated it not true!

[gilesgraves] 04/5/2017 10:03

The markets assume Macron will win so any jump is already priced in. There is only a downside risk. So its better to cash in before the weekend in my opinion....

[telbap] 04/5/2017 09:33

Itchy.....what about the reverse? If she looses, which all polls are predicting, then the market will jump ahead.It's a 50/50 gamble really a totally binary outcome, so which horse are you backing?

[itchycrack] 04/5/2017 08:59

If you are sitting on sizeable profits then why let Mr Market take them back.
PIs always let profits turn into losses because they have this problem with selling!
The chart is showing you a classic top-formation. Mr Market is giving you a massive clue as to what to do.

A profit is NOT a profit, until its safely in the bank!

PS: If, and as unlikely as it may seem, if Le Pen wins on Sunday the market will absolutely TANK on Monday morning with a massive gap down! No one predicted Brexit, no one predicted Trump, and is now everyone stupid enough not to attach some realistic probablity to the chance of a Le Pen win? Only a complete fool would not take steps to manage this potential Black Swan event.

[gilesgraves] 03/5/2017 19:18

But iron ore fell 8% today? If it goes down further tomorrow will you still hold? How about holding over the french election? Are you going to sell out before the weekend just in case there is a surprise result that jolts the markets? Thats my plan.

[telbap] 03/5/2017 18:17

I am sitting tight got feeling these will push through this week.

[gilesgraves] 03/5/2017 07:37

Iron ore fell overnight. Back to a level which corresponds with FXPO share price of 161. Shame we didn't get there. I'm ready to Sell

[gilesgraves] 02/5/2017 19:14

Yep. Looks like due to that resistance the share price is currently trailing the ore price. I think it should be about 166p now. Its great that the iron ore price moves over night as we start the day with a positive or negative approach to the share price

[onedb1] 02/5/2017 18:14

Cheers Giles ;-) Short term resistance at 158/59 I make it . Haven't posted much as I was so busy with a TA exam and am off for a break tomorrow . Starting to learn how to code using Python and doing some statistical stuff with R . So busy Will be looking everyday as always . Good post yours . I hope to get some proper analysis done to relate iron ore prices exactly to FXPo . I trade many commodity stocks and notice how some are not always showing positive correlation especially some oillies . On a relative basis though am happy trading Fxpo in my basket . It has produced great trades with different strategies .

[gilesgraves] 29/4/2017 15:14

I have been thinking for about 6months that we could be at the start of a new commodities boom. 2016 was so strong. If you zoom out to the 10 year graphs it puts these stocks like VED, GLEN, AAL, MT, into perspective. The media is often very negative about iron ore, especially Oz media. I think the iron ore buyers own the media somehow as its always doom and gloom even when the price is rising. If you look back through the year and compare the media reporting to the iron ore price you will see what I mean. Personally I am very up-beat about iron ore. There's plenty of serious infrastructure spending on the horizon all over the world (e.g. China, US, India to name a few of the biggest budgets). The boom could be de-railed by macroeconomics and political actions...so its important to keep abreast of world news and compare a variety of media sources to keep a healthy view. As for FXPO there are many more intelligent and knowledgeable traders and LTHs of FXPO than me. I have been involved here since the 70p range. From these intelligent posters I have learnt a huge amount (e.g. see Granto, Lemmink, Onedb, Telbap). As I understand it the fundamentals of FXPO are great. Leadership seems to be impeccable and they have reduced debt while increasing quality of product during a rising iron ore price. There are a few key reasons why these high grade pellets are increasingly in demand. I think this could go to 230 and past 300 quite easily, especially if the iron ore price takes a new wave up. My other holdings are AIM stocks URU, GLR and... my absolute favourite... BMN - Bushveld Minerals.

[oldfinger1] 29/4/2017 12:03

Hi Giles....Thanks for your honest posting....and good calls on FXPO....could I ask if you follow VED...and if so what are your views on them....Back to FXPO, everywhere I read, consensus is Iron Ore Price to fall this year and next...due to over supply primarily...I only expected for FXPO to fall further went it fell to the £1.30's recently...The dips miners have had recently should be viewed as a good opportunity to top up I suppose...Thanks for your Help...OF

[telbap] 28/4/2017 16:44

Giles, good close, close above 158 is pretty key. We will see a nice rally now on Tuesday, the to@@ers will probably dip it first give us all a chance to get in cheap.

[gilesgraves] 28/4/2017 14:21

Looking for 161 this afternoon

[gilesgraves] 28/4/2017 14:19

Ok fair enough. I purchased several times from start of day to that point. Highest price I paid was 153.641

[gilesgraves] 28/4/2017 13:55

100,000 shares. But to be honest, from this exchange I gather you are Taking the P. The reality is I am posting here to help people who may be new to this to understand the trades I am making and timings in order that they hopefully can make money. You are making fun of me ? saying im making £100. I don't understand why.