Ferrexpo Share Discussion Threads

[podgyted] 19/6/2019 18:57

Well its just a case of waiting for the results which the market seems to want to ignore. Iron ore is over 60% higher than it was this time last year.

FXPO is all iron ore - as I've said before Fortescue is up massively and this is lagging dramatically - Fortescue up 128% since the start of the year - this only 33%. Governance issues (if indeed there are any) are weighing a disproportionate amount.

There's clear value here.

DYOR, IMO and most importantly WTFDIK.

[arja] 19/6/2019 15:00

has really come off today after a good start even though iron ore price only slightly lower and chart still looks good. Hoping for a late rally !

[maxsvo] 18/6/2019 16:06

According to my forecasts, EBITDA will be between 700 and 800 million this year.

[arja] 18/6/2019 14:06

iron ore market just opened and price has moved higher and challenging the recemt high ! No reaction from FXPO yet and one of the worst performing mining stocks today ! maybe a late run is on the way !

[arja] 15/6/2019 10:06

sorry to see it finish with a red candle and might just be pausing for breath as mining stocks took a hammering , apart from gold stocks .

[arja] 14/6/2019 11:23

nice to have dreams I guess. Chart shows resistance levels are 300 and 320 in medium term . Not sure when iron ore market opens today UK time .

[its the oxman] 14/6/2019 09:25

Still dreaming of 350p, if iron ore holds up

[arja] 14/6/2019 08:45

expected FXPO to perform today although iron ore price slipped an bit . Chart looks good and tempting to enterr if it slips much more

[arja] 13/6/2019 17:12

I thought you traded CFDs as I do .

[arja] 13/6/2019 17:11

royoloak,
I hope you are keeping well and I follow FXPO at times and iron ore price in nice uptrend and further to go I think . have a nice evening .

[ouiey1000] 13/6/2019 15:44

Is this Ex divi today ?

[villarich] 11/6/2019 08:05

Nearly closed the gap

[millennial] 11/6/2019 06:24

missed the bottom here, damn

[royaloak] 10/6/2019 08:49

Thanks DT, I suppose you have to compare the whole package. On IG as a regular trader my commission is £5 per trade, I also get direct market access, so if anyone can show me comparable rates and service without the quarterly fee I will be very interested.

[meijiman] 08/6/2019 09:12

Was the iii BB change designed to drive away readers...if so one of the most effective moves ever made

[royaloak] 07/6/2019 23:04

Use a few, but best value to me is IG index, excellent site. also with free level 2 platform depending how much you trade.

[rimau1] 07/6/2019 09:56

I have added, agree we should be back to £3 now. Strong pricing, costs coming in a little lower than expectations, governance improved and no red flags from investigations into the donations as yet. Sounds like we may have an earnings beat too. Clear skies ahead.

[overeager] 07/6/2019 08:49

They've also covered my question about where they are at in selecting a new auditor. All looks very positive to me. I guess it will be trading on a P/E of about 4 at the moment which I'm quite comfortable being a holder at!

[molatovkid] 07/6/2019 07:17

EBITDA to increase materially...
No problems identified.....

Should be a good day....£3 here we come

Should be a bad day if you are a shorter...£3 here we come.

[its the oxman] 05/6/2019 09:10

250p in our sights and plenty to go for valuation wise, agree 350p very achievable looking at fundamentals, just need auditor and director mess to be cleared up to really get us moving.