Ferrexpo Share Discussion Threads

[foxy22] 07/5/2019 09:29

See why now...hsbc cuts to 275.00 buy??

[foxy22] 07/5/2019 09:26

Surprised fxpo down iron ore price running...vale supply

[newtothisgame3] 05/5/2019 08:03

Ferrexpo hit with tax bill in fresh setback Rachel Millard May 5 2019, 12:01am, The Sunday Times https://www.thetimes.co.uk/edition/business/ferrexpo-hit-with-tax-bill-in-fresh-setback-fbnl2d785

[sarahbudd] 02/5/2019 16:16

Nice pullback. ..this may just revert to pre Deloitte levels

[v11slr] 02/5/2019 09:18

It takes 24 hours to get on the register. The 3rd is the record date, 2nd is xd. Pretty much the same for all shares.

[bellbottom] 02/5/2019 09:16

Copied this from Ferrexpo website. Have I misunderstood the principle of being eligible for qualifying for a dividend payment? It's only the 2nd of May today and states 3rd May to qualify. Surely too early to sell shares today? Dividends A final special dividend for the year of 6.6 US cents (2017: 6.6 US cents) has been announced today and will be paid on 14 May 2019 to shareholders on the register at the close of business on 3 May 2019. A final ordinary dividend of 6.6 US cents per share is being proposed (2017: 3.3 US cents). If the final ordinary dividend is approved by shareholders, the total dividend related to 2018 will be 23.1 US cents per share (2017: 16.5 US cents per share)1. Http://otp.investis.com/clients/uk/ferrexpo1/rns/regulatory-story.aspx?cid=1129&newsid=1254075 BB

[sarahbudd] 02/5/2019 08:54

Only in a trading account via self assessment. Can't in ISA or Sipp

[v11slr] 02/5/2019 08:48

In theory yes, but you'll probably need your own legal and accounting departments to do it.

[yaszq2001] 02/5/2019 08:42

You can reclaim the Swiss tax by the way

[mcbull] 02/5/2019 08:40

Do you think, last chance to top up before 240.........more like

[g2theary] 02/5/2019 08:06

Here we go ... back in under 200

[1corrado] 02/5/2019 06:17

Will be back below 200p or there about.Yesterday the increase on the share price of 9.3% was not justified specially with ex-dividend today as many investors may think is a 6p per share when in fact is minus 30 to 35% less ,Swiss tax.

[g2theary] 01/5/2019 18:33

I'll buy back if they hit 200 again but I feel these could be strong through the week all depends on the overall market... shorts closed today on the Librium upgrade and more buys on that basis... it does give a good read... IMO the overall markets seem ludicrously high but like always they will keep going up and up as greed takes over before history repeats itself :)

[ldrcvm] 01/5/2019 18:28

Yes div is 6.6 cents not p. So about 3.3p after 35% swiss tax

[1corrado] 01/5/2019 17:31

correct so I was right to sell at 225p.

[tygarreg] 01/5/2019 17:29

And you would only get 4 of that 6p as Swiss tax would gobble up a third!

[1corrado] 01/5/2019 16:43

sold all at 225p for the dividend of 6p no thanks as tomorrow they will well go down not by 6p per perhaps as much 12 to 15p then i will buy again.

[g2theary] 01/5/2019 16:37

He who dares wins ey... any below the 200 :) I'm mostly out now 197-127 kept all my profits in shares for the dividend. GLA

[its the oxman] 01/5/2019 16:36

Could we even see a test of 250p near term, some considerable chart resistance above that, but given trading is unaffected and iron ore price is holding steady a rapid rise back to previous levels could certainly be argued for. Not the total bargain it was at 200p but still very cheap.

[arja] 01/5/2019 15:51

wow, rocketing today as most mining stocks hit again !

[its the oxman] 01/5/2019 15:40

Think div is us$ but shares will probably get marked down 6p.

[g2theary] 01/5/2019 14:43

Dividend 6p tomorrow if I'm not mistaken

[bellbottom] 01/5/2019 14:04

Rubicon, I do hope you are correct in your assumption regarding it just being a 'molehill.' Obviously there is something wrong with the figures. If it cannot be easily explained by either Ferrexpo's own investigations or Deloitte's auditing process, then foul play is the only likely answer. I just hope that any misappropriation of funds was the responsibility of individuals at Blooming Land. That's what it is increasing looking like. As you say operations running well. Long term, this is a steal. Holidays enjoy. BB