Ferrexpo Share Discussion Threads

[portugull] 22/7/2017 16:55

Thank you onedb1 perhaps I should finally pay more attention to charts particularly noting your quote "trend is your friend" Food for thought!

[onedb1] 20/7/2017 16:16

Sorry Port . I am a technician so often take certain things for granted. I only trade price and technicals . I am what s called a trend and pattern trader . Anyone caught my post and my IQE mention..... Hopefully some did . Trend is your friend chaps . Well done to those who have been putting up with me since the 70s . Charts like these can make people snowballing into them very wealthy even with small capital

[portugull] 20/7/2017 13:16

Thank you bone apart. In 13 years during which I have increased my portfolio from £196k to £535k despite annual drawdown I have never used charts. Find it difficult to get my head round them.

[bone apart] 18/7/2017 22:40

Elliot waves , port.

[portugull] 17/7/2017 17:34

Excuse my ignorance but what exactly is a ABC correction?

[onedb1] 17/7/2017 13:30

Always keeping an eye but little to post . I posted my chart from the 70p days :-) . Trend trading at its best here .200p target was achieved and I suspect 240p secondary will to. Looking forward I am not too certain but wonder if a ABC correction could be due . Early days and very iron ore price dependent . My suspicion is that 240 is a swing level but will wait for it to see if I see selling then . Similar chart to FXPO is IQE . I love these charts and practically only trade on that basis .

[bellbottom] 17/7/2017 09:29

Just a quick update for those interested in reclaiming SWT and registered in UK for tax purposes.
I spoke to HMRC this morning and they confirmed the following:-

"From 6 April 2016 dividends up to £5000 are not chargeable to UK tax so if your dividend is below that amount there will be no need to use the Swiss tax credit as there will be no UK charge against which to set it."

I only wish my dividends had been over this amount but alas, no. But the good news is the avoidance of form filling in this respect.

[seroserio] 16/7/2017 10:03

sp seems to have been climbing pretty well to me. Top ups just under 8 weeks ago at around 140p are now around 52% higher.
Taken around 18 months to move from its lows at around 20p to 214p.

[sarahbudd] 14/7/2017 14:51

I have claimed the WHT on self assessment successfully over last 2 years... but can't through my SIPP or ISA. Phone the Tax office or chat online(which is easier)

[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 .