Ferrexpo Share Discussion Threads

[foxy22] 25/9/2018 11:46

StJames going back up this am level...good trade....u should have held a bit longer

[its the oxman] 25/9/2018 11:37

Back over 200p soon , I hope.

[arja] 25/9/2018 10:58

foxy22,
yes it was and I got in at 188 although worried when it went even lower ! ( smile ) . Sold too early at about 192 average and now over 193 !

[amunro] 25/9/2018 09:29

Miners back in favour now that all that Trump drama is factored in. So yeah miners over done and a good play for a recovery.

[foxy22] 25/9/2018 08:54

Agreed seen these early spikes beforeThen pullback quite extremeDef a trading opportunity

[arja] 25/9/2018 08:42

but now 188 and I am not so sure although 188 was breakout level.

[arja] 25/9/2018 08:40

exploded at start and now lulled right back and 189 level might be a good buy for traders . That fast start surprised me as not as a result of any news I think .

[foxy22] 25/9/2018 08:06

Ahould hit 2.00 this am...rocket stock

[grechen] 21/9/2018 14:49

That depends on Trump to a great extent unfortunately.

[foxy22] 21/9/2018 12:06

Do u think it can go back to 3.00?

[grechen] 21/9/2018 10:25

£2 on the cards now....amazing turnaround.

[oli12] 21/9/2018 10:05

Nice recovery from the recent low.

[arja] 18/9/2018 13:32

hxxps://markets.businessinsider.com/commodities/iron-ore-price

[arja] 18/9/2018 13:32

iron ore price just dropped about 6% but no effect on FXPO yet .

[arja] 17/9/2018 14:29

too early to say yet but iron ore price creeping up in recent days

[oli12] 14/9/2018 15:16

Is this the recovery.....or another breather before the next downward spiral.

[wba1] 11/9/2018 09:50

I take the point about debt but there were some factors which will not impact H2, most notably the payment of divvies in H1. Reversion to the normal would have taken another $30-40m off net debt. H2 should benefit from lower dividend payments, and I would also expect cash flow to be higher than H1 due to clearance of the 300k tons backlog and the higher pellet premium seen so far in H2. This should all have been factored into the price for some time, hence my surprise at recent movement down. Still, a good top up point.

[robseaton] 10/9/2018 09:26

I had hoped to see a bigger reduction in the debt in the annual results; the company has made a ton of money recently, yet the debt pile only crept down marginally from the last reported end of period.

[wba1] 10/9/2018 09:19

Odd that FXPO is still falling. The last few days have seen a 3% increase in ore price and (even better) the news that FXPO shipped 1 million tons in July (suggesting they moved half of the 300k backlog caused by earlier rail and shipping issues). I assume the negative thoughts are caused by Donnie Dump's messing around on tariffs - but given the supply/demand position for premium pellets that seems just noise. Anyone know of any other factors (apart from those which have been around for ever, like geopolitical risk)?

[tsmith2] 10/9/2018 08:20

endless, if current support level goes, next meaningful support at £1.

[arja] 05/9/2018 08:33

big buyer at 151 level if not a bluffer . i guess it might disappera if sale goes throughb at 151.1 under this algorythmic trading - such scope for manipulation !!

[arja] 04/9/2018 09:56

FXPO very resilient today and creeping up on a bad day fgr mining stock snd a falling iron ore price !

[arja] 03/9/2018 07:45

sadly I notice that iron ore price has fallen again and drifting down almost every day .

[oli12] 31/8/2018 16:37

Indeed. Let’s see what the next few weeks bring. Tends to move quickly either way - no doubt about the current trajectory. Bon weekend.