Ferrexpo Share Discussion Threads

[meijiman] 15/5/2019 10:58

I hold some of these in an ISA. The dividend payment made recently is credited after 35% witholding tax. Anyone know if this can be reclaimed?

[foxy22] 14/5/2019 12:36

Did u see fmg last night in oz....would be nice if ferrexpo followed suit!!!

[gordogecks] 09/5/2019 09:04

A positive I hadnt considered. Iran sanctions heap further pressure on iron ore market Prices set to rise as country’s 14m tonnes of supply removed from market “Iran exported almost 14m tonnes of iron ore in 2018, accounting for 1 per cent of total seaborne iron ore supply for the year. We had expected Iranian exports to increase to 20m this year as a result of the Vale supply issues. Now, Iranian iron ore exports are likely to approach zero for as long as these sanctions last,” said analysts at Jefferies. hTTps://www.ft.com/content/b826b848-7227-11e9-bbfb-5c68069fbd15

[daveas] 08/5/2019 12:12

FXPO starting its move with the tight stocks of iron ore at the ports in China standing at 123m tonnes,stocks are going down by 2m per day ,according to Chinese steel experts there will be pure panic when the stocks go below 100 m tonnes in a fortnightstime

[gordogecks] 07/5/2019 17:19

Iron ore price hits near 5-year high on supply jitters The price of iron ore rose to a near five-year high on Tuesday after the world’s biggest producer lowered forecasts for the steelmaking ingredient. Brazil miner Vale said sales of iron ore would be towards the lower end of a 307m to 332m tonne range because of a fresh legal setback. The company has previously guided to the middle of that range. hTTps://www.ft.com/content/d749f4ec-70dd-11e9-bf5c-6eeb837566c5 Seems US/China Trade deal concerns outweigh such positive news.

[arja] 07/5/2019 13:02

foxy22, I was surprised too and thought about buying FXPO at open but held off . But most mining stocks hit today on low expectations of a USA/China deal after Trump's proclamation.

[bellbottom] 07/5/2019 11:56

Until new auditors appointed, new non execs announced, Blooming Land enquiry all wrapped up, tax bills paid in Ukraine and all uncertainty finally made certain, then this share will bounce around at low levels and represent a great buying opportunity to those with freed up cash. Wish I was one. I'd be lapping them up at this price. Timing is awful, given the price of ore. This share should be flying over £3.00. Might have to sell the house and free up some cash. Screaming buy in my humble opinion. BB

[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.