Ferrexpo Share Discussion Threads

[napoleon 14th] 19/5/2020 02:23

hxxps://www.rt.com/russia/481377-putin-ukraine-russia-powerhouse/

[bellbottom] 18/5/2020 17:00

A bit more news tagged on the end. Comment by Dmytro Khoroshun, who seems to have a good grasp of the situation. Roll on the 28th AGM and the hopeful approval of a special dividend.

Strong climb today as the reality of general and global lifting of lockdown becomes reality. Looking and feeling positive for the future.



BB

[thags] 15/5/2020 16:55

I was just about to write that, is Thursday the new tank day?

[grechen] 15/5/2020 16:28

It is Friday today isn't it???

[its the oxman] 15/5/2020 16:28

Should be well over 200p, just a matter of time , and not too much hopefully.

[oniabsta] 15/5/2020 14:47

Hi Carosa don't know what happened there but first time I clicked link it didn't take me to the PDF. Ok now thanks very much!

[carcosa] 15/5/2020 14:40

Did you read it? It has two and a half pages of tax information. See the third and fourth sheets. Not sure what else you need.

[oniabsta] 15/5/2020 13:28

Thanks for the link Carcosa but it doesn't say anything on the tax situation

[carcosa] 15/5/2020 13:18

oniabsta,
Depends on your circumstances.

You can check the details under the following link:

>

[oniabsta] 15/5/2020 13:03

Rec'd divi today minus 35% Swiss tax in my HL isa a/c. Is there any way to avoid this
tax?

[maxsvo] 15/5/2020 08:31

In April 2020, Ukrainian mining and metallurgical companies increased the export of ore and iron ore concentrates by 31.5% compared to the corresponding month last year - to 4.2 million tons. In monetary terms, iron ore exports increased by 24.5% to $ 360, 6 million. This is evidenced by customs statistics.

Compared with March 2020, in April, the export of ore and iron ore concentrates increased by 10.9%, while in real terms, on the contrary, decreased by 10.6%.

In January-April, Ukrainian metallurgical enterprises exported 15.4 million tons of iron ore. This is 21.6% more than in the first four months of 2019.

In the first four months of this year, the country's mining companies increased revenue from export of iron ore by 18.3% compared to the corresponding period last year - up to $ 1.24 million.

The main consumer of Ukrainian iron ore remains China. Its share in Ukrainian exports for four months amounted to 56.42% - this is 4.42 percentage points less compared to January-March 2020. In second place is Poland (10.84%), in third - Austria (6.48%).

According to the results of 2019, Ukraine increased the export of iron ore by 18.5% compared to 2018 - up to $ 3.398 billion. Import of iron ore in the year amounted to 14.245 thousand tons in the amount of $ 1.412 million.

[bozzy_s] 14/5/2020 21:56

Can't believe we're trading on a P/E of 2.3

It either means FXPO is ridiculously underpriced - surely the best buy on the stock market based on earnings / dividend / balance sheet / profitable history / strong current trading. Or there's an imminent disaster coming.

As they're producing at full capacity, IO prices are high, and they've reinstated the dividend, my money's on it being underpriced.

If output remains ahead of 2019 (Q1 was 7% higher overall, with the more expensive pellets 9% ahead), with less loan interest, we could be trading at less than 2x 2020 earnings.

[r9505571] 14/5/2020 16:05

Tested £1 when the FTSE went below 5000 in mid March. Rolls between 130-145 on a weekly basis. So anything sub 130p is a buy. Iron ore price is holding well, possible disruption in supply from Vale, construction and car manufacturer ing returning should help. If those customs reports from Ukraine are accurate, I have now doubt that FXPO is shipping record amounts of the good stuff (65% Fe) and we are in for a bumper Q2.

[yaszq2001] 14/5/2020 14:19

How low could this go guys?

[r9505571] 14/5/2020 10:25

Stole this from LSE board...In April 2020, Ukrainian mining and metallurgical companies increased the export of ore and iron ore concentrates by 31.5% compared to the corresponding month last year - to 4.2 million tons. In monetary terms, iron ore exports increased by 24.5% to $ 360, 6 million. This is evidenced by customs statistics.Compared with March 2020, in April, the export of ore and iron ore concentrates increased by 10.9%, while in real terms, on the contrary, decreased by 10.6%.In January-April, Ukrainian metallurgical enterprises exported 15.4 million tons of iron ore. This is 21.6% more than in the first four months of 2019.In the first four months of this year, the country's mining companies increased revenue from export of iron ore by 18.3% compared to the corresponding period last year - up to $ 1.24 million.The main consumer of Ukrainian iron ore remains China. Its share in Ukrainian exports for four months amounted to 56.42% - this is 4.42 percentage points less compared to January-March 2020. In second place is Poland (10.84%), in third - Austria (6.48%).According to the results of 2019, Ukraine increased the export of iron ore by 18.5% compared to 2018 - up to $ 3.398 billion. Import of iron ore in the year amounted to 14.245 thousand tons in the amount of $ 1.412 million.

[grechen] 14/5/2020 08:57

Should be today.

[r9505571] 14/5/2020 08:38

When should the dividend be paid into our accounts?

[oli12] 13/5/2020 08:08

Still no verdict following the appeal heard in early April.

[podgyted] 12/5/2020 15:30

Wonder if a better way would be to settle the fines in shares - then Ukraine would have a stake in the company - could be beneficial.

[grechen] 12/5/2020 10:33

Seems to me that the logical thing for Z to do is to agree to pay all the fines at a future date acceptable to the Govt.in return for all charges against him to be dropped.
On release of this news the share price could double in no time which would immediately make Z 100's of millions of pounds richer which would pay off a huge chunk of his dues.
Just amazed that this has gone on for so long without a deal being struck.

[thags] 12/5/2020 09:58

I will never get my head round why this share continues to defy all logic. Until Z gets his issues sorted we're left in limbo on this one

[r9505571] 12/5/2020 08:45

Iron ore price rising but share is not! https://www.sharecafe.com.au/2020/05/11/iron-ore-rises-as-coronavirus-spread-threatens-brazilian-supplies/