Ferrexpo Share Discussion Threads

[alamaison5] 21/10/2019 08:18

And up we go.Submit
alamaison520 Oct '19 - 08:27 - 6449 of 6451 Edit
0 0 0
Costax1654x18 Oct '19 - 12:19 - 6446 of 6448
Reversal starting

These latest transactions, 2 x 750,000 (or wasi x3, lol), the late buy at 134p for over 430,000 shares and the 2 x 330,000 indicate that you are 100% right.

In at 134p expecting 141p next.

[alamaison5] 21/10/2019 07:33

What bad news?

These uncertainties with Ukraine Gov? As far as I am concerned this is all wind.
No court order has been served, only the usual Ukrainian blablabla.

These Ukrainians are game/chessplayers.
Always putting pressure on companies to get their envelopes.

Corruption thrives over there...

[its the oxman] 20/10/2019 20:57

Certainly incredibly cheap now with a big yield, not without risk I guess but a mighty amount of bad news is in the price at these levels.

[alamaison5] 20/10/2019 08:27

Costax1654x18 Oct '19 - 12:19 - 6446 of 6448
Reversal starting

These latest transactions, 2 x 750,000 (or wasi x3, lol), the late buy at 134p for over 430,000 shares and the 2 x 330,000 indicate that you are 100% right.

In at 134p expecting 141p next.

[bellbottom] 18/10/2019 16:37

Is that a reversal or a reverse reversal?!

[thags] 18/10/2019 16:01

Gone in reverse

[costax1654x] 18/10/2019 12:19

Reversal starting

[bellbottom] 18/10/2019 09:15

For those interested, Kolomoiskiy, founder of Privatbank is also the owner of the TV channel that broadcasts the top Ukrainian sitcom 'Servant of the People' which starred Zelensky as the President of Ukraine.

You couldn't make it up.

BB

[bellbottom] 18/10/2019 09:03

Does this mean that in principle the CEO's bank could re-open early 2021?
Or would the further extend the term if liquidation? I'm afraid this is all rather over my head. Anyone have a better knowledge of the banking system?



BB

[costax1654x] 18/10/2019 09:00

Is in their local currency not $

[bellbottom] 18/10/2019 08:58

Privatbank and how things have changed in just a few short months. What could this mean for the Ferrexpo CEO's situation with his former Bank of Finance and Credit?




Today's Kyiv Post article updates the situation with Privatbank.



Short copy from the Kyiv Post article:

"It is in London, however, where Kolomoisky’s chickens may yet come home to roost.

PrivatBank, which the oligarch co-founded in 1992 with Boholyubov, among others, was the country’s largest lender when it faced collapse in 2016, shortly after forensic auditors discovered a $5.5 billion hole in its ledger. The state saved the bank injecting the amount of money, which its co-owners allegedly embezzled in a fraudulent, Ponzi-like scheme. The accused have strongly denied all wrongdoing.

But the Oct. 15 appellate ruling, from the second-highest U.K. court overturns a December 2018 judgement by the lower High Court of Justice, which ruled that British jurisdiction did not apply to PrivatBank’s fraud claim. It means the pair will face English justice, unless they convince the U. K. Supreme Court otherwise.

PrivatBank is now seeking to recoup $3 billion from its former owners. The claim’s principal amount was $1.9 billion initially, growing to $2.6 billion with interest as proceedings in England got underway. Interest continues to accrue at $500,000 per day."

The situation with the CEO of Ferrexpo will not go away very soon and could be hanging over Ferrexpo for a few years to come? Not good for the share price.

BB

[costax1654x] 18/10/2019 07:51

Let's have a blue day today!And the reversal starts

[costax1654x] 17/10/2019 12:43

Next set of results will be the strongest in the company history

[costax1654x] 17/10/2019 12:12

Ignore the day traders and amateur short sellers!They will get burned!

[costax1654x] 17/10/2019 12:11

The Business itself is strong,lots of cash,dividends and profit

[costax1654x] 17/10/2019 12:10

Anyway I got a price target of 300!I don't know if is going to get hit,by next summer,but I am happy to wait

[foxy22] 17/10/2019 11:24

Well maybe it looks so vulnerable at the momentMaybe we should be in brexit stocks....Feels no a bit left out

[costax1654x] 17/10/2019 10:46

You don't need to pray sooner or later it will go above 250!

[foxy22] 17/10/2019 10:42

Maybe I'm praying

[costax1654x] 17/10/2019 10:36

Looks like a reversal might start

[foxy22] 17/10/2019 10:27

Bellbottom are you continuing to hold your 45000 sharesI'm tempted to trade out and back in What would u consider adding when Tim is right