Ferrexpo Share Discussion Threads

[bouchonj] 12/7/2017 22:40

Has anyone been successful in reclaiming Swiss WHT?

[fangorn2] 10/7/2017 19:05

hehehe

Can you see the parallel universe behind the mirror though?

:)

Superb company this..if only the WHT wasn't eyewateringly high & difficult to reclaim.

[bellbottom] 10/7/2017 12:23

quite.....

[fangorn2] 10/7/2017 11:50

Hmmm first sign of madness - talking to oneself.

Second sign, "Answering back!"

:)

[bellbottom] 09/7/2017 12:14

Quiet!! Not quite?!
It's quite quiet here.

[bellbottom] 07/7/2017 13:29

All quite here. I assume we are all watching the tennis?
Too hot to think.

[bellbottom] 03/7/2017 11:05

With the late trades on Friday and iron ore prices on the rise again, I thought these would fly today. As stated on Friday, I sold out for a small profit and thought maybe I'd been foolhardy. Nice rise early on today - about 5.9p up at one point.
Now heading toward negative territory.

Notice my managed funds in SIPP previously been doing very well have slipped back over the last two weeks.

Some news on FXPO credit loan facility.

hxxp://metalukraine.com/2017/06/28/ukraine-ferrexpo-to-get-500-million-loan.html

[grechen] 03/7/2017 07:59

Nice shift upwards in Iron Ore price.

[grechen] 30/6/2017 20:00

Well done Bell and everyone else who have made a killing.I was in here back in 2010 at £1-30'ish and sold at £3 thinking I would buy back into the dips......unfortunately there were no dips till £5 so I really missed out.
I too had a target of £2 this time and have been tempted to sell but I have a feeling that this is going to continue to rise into next weeks news and after that who knows.
Have put a £2 stop loss on today just in case but fingers crossed.

[bellbottom] 30/6/2017 17:36

Wow! Some big old trades in after hours dealing. £2.63 million traded of which £2.4 million appear to be buys.
Something going on - I didn't look at last nights after hours deals - were they in a similar vein?
At these levels you would expect more sells than buys, given the significance of having hit the psychological barrier of £2.00

Maybe we can expect results on Thursday that way exceeds our expectations and this is the result of some knowledge to that effect? Am I being cynical in my reading of these trades or are there some perfectly reasonable reasons for these deals.

Early Monday should now be very interesting - what's the likelihood of another 10p or 15p being added to the share price Monday?

[pbutterworth1] 30/6/2017 17:11

..more...series of significant trades in settlement after hours...

[bellbottom] 30/6/2017 15:12

Decided to sell off my FXPO again, @ 206.9p which I bought only Wednesday - the thought being 'a profit's only a profit when its cashed in.'
I may yet regret selling too quickly, given that iron ore is strengthening again, but these have been up and down like a yoyo and thought maybe I'd try my hand at buying and selling , trying to time the peaks and troughs - which, incidentally, I've never been too good at. As Arnold Schwarzeneger ssaid 'I'll be back'

Good weekend folks.

[zho] 30/6/2017 09:30

Iron ore has entered a bull market after an increase in Chinese purchases caused the price to rally this week. The spot price for the base metal has risen 14pc just this week and 21pc from the one-year low of $53.36 per tonne it reached on June 13.

[pbutterworth1] 29/6/2017 21:47

...series of significant trades in settlement after hours...

[onedb1] 29/6/2017 12:14

I do feel though that the iron ore to Fxpo price divergence is going to start to put a break on the share price . Am never too good at exiting at a perfect top , so I started to use a scaling out process by which I smooth my exit out on technicals .though it needs refining and I haven't applied it to Ferrexpo . Sadly 200p was my target with the 240 level an exuberant chance .But if iron ore surges then the rally continues . Commodities are cheap on a ratio to equities . Am now looking to see what to do next . One of my greatest trades here must say .

[volsung] 29/6/2017 08:52

Bought a few of these. Just dipping my toes at the moment. Interesting

[bellbottom] 29/6/2017 08:45

Hi One,

Nice to see you back after your 'holiday.'

After the general election and then the surge in price on the Friday after, I decided to sell all my holding at about 192.5p. I did buy back for a quick 24 hour profit take but was so unclear about where this was going based on subdued iron ore prices, that I felt it better to take profits and generally sit on the sidelines. I am still scratching my head slightly as to direction, ignoring the charts, but can see this rise up until next Thursday and then drop back again just because that's what tends to happen.
I did buy back just over 25,000 of these yesterday at 198.5p, based on my assumption above, with the intention of selling off before next Thursday.
But I am getting to that age where I need to be a bit more forward thinking, longer term, and have been accumulating SXX for the future and also moving into managed funds for a bit more stability.

I still have the niggling feeling that events in Ukraine/Russia will have an effect on FXPO in the future - may be negative, may be positive, but I am expecting the unexpected and don't want to be caught out as was previously - ie, bank.

As you say, a good few of us here have done very well out of this stock. Long may it reign.

[pbutterworth1] 29/6/2017 08:27

off again. Its still cheap :-)

[onedb1] 28/6/2017 18:09

Hi Bell,I was just focused on lots of relative strength analysis and enjoying the good weather . Commodities looking cheap from my analysis . Whilst post ftse 100 at 7500 and FTSE250 and FTSEAim100 showing negative RSI divergences I have been bearish most sectors , bar commodities and energy (the later being battered already ) At 200p I am very happy with my understanding of TA for commodity specific stocks . One tool I master well . Need to get better at the rest . As I always price drives a stock . The perception of value has many flaws . One is certainly the time lag or anticipating effect . Glad most here seem to have done really well .

[onedb1] 28/6/2017 18:02

200p achieved , some I bet did not believe my TA all those months ago lol . I had 200 as my super cycle ( V ) or an extension to 240p . We then may get a corrective phase . What surprised me though so far is that iron ore prices are subdued . So taken all my position out now . Not even a top slice . Which may be my mistake here . Leaving me no exposure to a further uplift . Been here since 70p . All major swings - delivered ;-)))

[mark_jm] 28/6/2017 17:41

I sold half my holding at 192, I couldn't see it moving appreciably above 190 at the time, in the short term and saw better value else where, but still have a modest stake so happy to see continued momentum

[mustau] 28/6/2017 16:13

1.50 I hope!!

[greenhorn54] 28/6/2017 16:12

Made the £2 glass ceiling. Where next?

[bellbottom] 28/6/2017 10:59

I'm still out, having sold out at at an average of 192.5p. It's a tricky one to judge at the moment. I do expect it to climb up next week up to Thursday and then fall back again, but that's only based on what I've seen before with stocks rising on expectation and then falling after news, even if news is good - it has to be great news for it rise after results - I'll no doubt be proved wrong in this respect.
Only down 4p today so far - that's not bad after yesterdays almost 11p rise.

[pbutterworth1] 27/6/2017 17:19

FXPO been a fav with me for some time. Just increased.