Ferrexpo Share Discussion Threads

[foxy22] 31/10/2018 10:15

Looks like a stakeholder reducingI suppose its a buying opportunity or trading OpportunityBut in this case if its driven by bad news could be risky

[sarahbudd] 31/10/2018 09:58

Maybe Blackrock reducing again?I'm holding... it picked up after they reduced before.

[arja] 31/10/2018 09:49

really hard to know foxy22 as it is human nature not to cut loss early or even when in
profit and stock starts to slip after a good run. I used to be guilty of thos years ago and it is why I evolved to a trading mentality where I sometimes take a hot but not as bad as it used to be .IMO after studying the chart , maybe best to think about selling on a meaningful bounce to 210 or 218 area - but really we need to know why it was sold down today and might be a comment in news tomorrow . but DYOR of course as I might be completely wrong .

[foxy22] 31/10/2018 09:17

On hargreave landsdowne site large sellsA r j a what should one do in this situation

[arja] 31/10/2018 08:59

must be and known by insiders which is difficult to control. Trying to turn after auction but what a struggle .

[foxy22] 31/10/2018 08:55

Any news why so down

[scoble2] 31/10/2018 08:53

Bad news expecting?

[arja] 31/10/2018 08:44

and now in auction under LSE rules .

[enewman36] 31/10/2018 08:39

Wtf? Down 10% on what exactly, miners are up this morning aside from this!

[arja] 30/10/2018 09:35

is moving now but I can not work it out . KAZ doing well as copper price falls ! markets often fool us !

[grechen] 30/10/2018 09:04

Can't see FXPO staying in the red with other miners on fire.

[arja] 30/10/2018 08:24

pleasure foxy22. raelly hard yakka to make money at the moment but kicking myself for
not buying S32 in oz ant about 351 after it opened as it was trading at 360 equiv in Uk on monday . It closed at 361 in line with uk although OZ is really lead market .
I get a bit tired after 11pm as not gettinbg enough sleep !
FXPO is hard to figute out and drifting a bit today but chart support at about 208 .
seems to be just consolidating before perhaps kicking on but , as you imply, markets
a bit edgy with dow on downward trajectory and with this bloody brexit !

[foxy22] 30/10/2018 07:30

Arja thanks for info

[foxy22] 30/10/2018 07:02

A r j a u must have mindread me...ozzie mining stocks are up strange considering battering of us markets particularly fang stocks...nearly had a heartattack...think i should go into cash....really worried...re us technology holdings

[arja] 30/10/2018 06:59

saAust shares end higher amid volatile trade
[Morningstar with AAP]: The Australian share market has ended more than one per cent higher amid volatile trade that saw shares decline early on fears of escalating trade tensions between the US and China before recovering.


The benchmark S&P/ASX200 index closed up 76.9 points, or 1.34 per cent, at 5805.1 points on Tuesday, rising for the second straight session. The broader All Ordinaries closed up 74.10 or gained 1.27 per cent at 5,887.90.


The market turned red at the start following a media report that Washington is preparing to announce tariffs on all remaining Chinese imports by early December if talks next month fail.


"Investors were spooked early in our session on renewed concerns on US China trade but these seemed to have passed over," CommSec market analyst James Tao said.


Markets across Asia steadied after policy makers in China announced further steps to restore confidence in local markets.


"October has been a difficult month and its a long wat to reversing the losses, but there is a bit more optimism coming back into the market," Mr Tao said.


In the local market, healthcare stocks led the recovery for a second straight session, with Mayne Pharma, Ansell and CSL all gaining more than two per cent each.


Consumer staples supplemented the gains, with A2 Milk jumping more than five per cent and supermarket giants Woolworths and Coles-owner Wesfarmers both ending more than one per cent higher.


Mining stocks staged a smart recovery with BHP, Rio Tinto and Fortescue up between 2 to 4 per cent. However, gold miners, considered safe haven assets, lost ground with Evolution and North Star down more than three per cent each.


Beaten down banking stocks continued their recovery ahead of their "earnings season" which kicks of with ANZ on Wednesday. Three of the four major banks rose around two per cent each, with NAB rising 0.6 per cent to $25.11.


Among other stocks, jewellery retailer Lovisa suffered a nearly 19 per cent slide to $6.85 after announcing same-store sales growth had been negative so far in the current financial year.


Meanwhile, the Australian dollar pared losses as investors picked up risky assets despite simmering global trade tensions. It trading at 70.93 US cents at 1630 AEDT on Tuesday, from 70.99 on Monday.


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[arja] 30/10/2018 06:54

not sure why but aussie mining stocks did well in OZ and FMG cracked the 400 mini
resitance level . With dow well down , I expected a down day in OZ but must have been
good news from China ? ! maybe Uk miners will follow suit foxy22 .

[arja] 26/10/2018 10:48

yes, FXPO holding up well after early dip. FTSE index well dowm today .I come a cropper at times Foxy as not greta at cutting intra-day loss quickly and last few trades have been bad . I lack the big D and tend to take 3 steps forarrd and 2 back !
Need GOOD DISCIPLINE to be a good trader and stick to rules one makes and of course OAAT ( the key to success) , I score badly on the big D !have a good weekend in still sunny "pommyland" .

[foxy22] 26/10/2018 09:31

I am thinking to have more of a trading approach like you in these market conditions

[foxy22] 26/10/2018 09:29

A r j a fmg improved performance last nightFxpo down...my worry is all these mining cos results have been disappointing from glen anto to fcx and tec resourcesSeems that stronger dollar and higher costs have contributedIn fact fxpo holding up quite wellCompared to some of other cos

[arja] 25/10/2018 21:40

so it was bad results which caused FMG to plunge made worse by a bad market for stocks . .
aussie stocks will recover tonight after DOW tookoff. Not sure FMG will bounce thougjh
and downtrending chart.

hxxps://www.sharecafe.com.au/2018/10/26/fortescue-iron-ore-shipments-slip-in-q1/

[arja] 25/10/2018 16:01

KAZ chart shows a MINI DB foxy22 . If it can break 500 decisively in next few days, it shoukd move higher to about 550 in time . Sometimes analysts assess the results and decide not so good and tomorrow will be interesting

[arja] 25/10/2018 15:42

no, I regret not trading KAZ as stormed ahead but wary of trading a stock on results dsy - big mistale today as only made peanuts on S32 . Not sure why FXPO retreated although iron ore price was lower today .

[foxy22] 25/10/2018 09:50

By the way did u see kaz todayMaybe its a turnaround storyDid u tradevit this am

[foxy22] 25/10/2018 09:49

A r j a yes unbelievable turnaround considering performance in us particularly of freeport mcmoran yesterday and caterpillar and fmg in ozI was ready to sell all yesterdayMining and tech included