Ferrexpo Share Discussion Threads

[r9505571] 03/12/2019 15:38

Brutal drop

[r9505571] 03/12/2019 15:37

Brutal drop

[mick1909] 03/12/2019 14:27

Should be about 5.1p so equate for the year at share price 140p yielding 7.2% not bad

[mick1909] 03/12/2019 14:25

Special ex dividend should be RNS Thursday

[crossing_the_rubicon] 03/12/2019 12:29

"Thags3 Dec '19 - 11:51 - 6710 of 6711
World has freeloaded off the USA, that's like saying the British empire didn't steal half the world's wealth. LMAO"

No it isn't.

Who has defended Europe and ensured its freedoms since 1945??
The US taxpayer has.

Who hasnt paid their NATO sub since 1945???

Europe hasnt.

As I said, freeloading.

Suggest you do some reading rather than peddling your anti American tripe.

[bellbottom] 03/12/2019 12:16

From today's Evening Standard.



I welcome this being resolved as soon as possible, but doubt that it will be. Likely to drag on well into 2020. Anyone's guess as to the final result for the ex CEO.

BB

[thags] 03/12/2019 11:51

World has freeloaded off the USA, that's like saying the British empire didn't steal half the world's wealth. LMAO

[crossing_the_rubicon] 03/12/2019 10:32

Thags,

How is he insane. Looks perfectly sane to me. The world has freeloaded off the USA for too long.

And the Chinese have been cheating/stealing IP for decades. Do you think that is okay?

As to impeachment.

Doubt it will happen.
#Russiagate - a farce.
#Ukrainegate, also a farce.
Democrats led by crackpots cant accept they lost in 2016..and will likely lose in 2020.

An economic slowdown is the only thing that will stop Trump 2020.

So expect a slowdown to come Summer onwards.

[thags] 03/12/2019 10:09

When will the orange faced bell end get impeached. He's clearly insane

[zho] 03/12/2019 09:58

All miners are weak today. It might be poor sentiment over China/US trade talks and/or Trump imposing tariffs on steel from Brazil and Argentina.

See - Trump to 'restore' tariffs on steel from Brazil and Argentina

[divmad] 03/12/2019 09:53

Trump's new tariffs?

[thags] 03/12/2019 09:42

Any news what has caused today's drop I can't seem to find any info

[r9505571] 03/12/2019 08:55

Iron ore arrivals at Chinese ports soared 3.89 million mt on week!SHANGHAI, Dec 3 (SMM) – SMM estimates that 110 vessels carrying 16.08 million mt of iron ore arrived at major Chinese ports during November 24-30, rising 3.89 million mt from the week ended November 23.

This marked the third consecutive week of increase, with higher arrivals across all major Chinese ports. But the arrivals may see a sharp decline next week based on the delivery period.

Last week, iron ore deliveries leaving Australian ports recovered 320,000 mt from the prior week to 13.32 million mt, but this remained below the level during the same period a year earlier. Shipments that departed Brazilian ports were estimated to shrink for the second straight week by 560,000 mt, to stand at 6.36 million mt, lower from the weekly shipments of 8 million mt a year ago.

High margins of steel products supported domestic demand for iron ore. This, coupled with year-end stockpiling by steelmakers, will offer strong support to seaborne iron ore prices in December.

Steelmakers that produce with iron ore as feedstock still saw a profit of 800 yuan/mt for rebar as of December 3, SMM assessed based on imported iron ore prices of $88/mt.

[r9505571] 02/12/2019 21:04

Newsflash: President Donald Trump has just announced new tariffs on steel and aluminium imports from Brazil and Argentina.Trump is unhappy that Brazil and Argentina's currencies have depreciated, making their exports to the US more competitive - so he's hitting back.

[mick1909] 02/12/2019 16:03

Last 2 years there has been a special dividend be about 5p with exchange rate

[r9505571] 02/12/2019 16:00

From FTSE 250 round up... Finally, Ferrexpo and Energean were on the up as unexpected growth in Chinese manufacturing activity indicated an increase in demand for fuel and raw materials.

[oli12] 02/12/2019 15:29

Even if the current iron ore price holds or falls ferrexpo is making a lot. Cash cost around $40 per ton - 10m tons... special divi announcement normally comes on the 6 December

[mick1909] 02/12/2019 14:43

The charts looked good on this for a share price of at least 200p as long as the price of iron ore goes up it seems linear to FXPO share price

[napoleon 14th] 02/12/2019 13:29

Good news IMO - supply disruption in one place means extra demand in another; OURS!

[mick1909] 02/12/2019 11:35

Is that good or bad news for FXPO?

[r9505571] 01/12/2019 12:03

https://wap.business-standard.com/article-amp/economy-policy/steelmakers-fear-iron-ore-supply-disruption-once-leases-expire-next-march-119113000638_1.html

[thags] 29/11/2019 16:41

Horror show finish, all the good work undone I a day

[thomstar] 29/11/2019 14:44

Classic fxpo always a dip on fridays...

[thags] 29/11/2019 14:40

I'm in it for the duration, let's hope it hits 200 sometime