Ferrexpo Share Discussion Threads

[oli12] 22/5/2020 12:44

STILL await news on the court case appeal... Ferrexpos business is great, sadly a lot of unanswered questions surround its majority shareholder hence the ridiculous price.

[arja] 22/5/2020 12:38

poor performance by FXPO today although iron ore price fell a touch and hope the party is not over . I think iron ore market opens at about 3pm and hopefully it will move higher but UK punters must think otherwise !

[arja] 20/5/2020 18:46

hi foxy22, I have not followed this stock for a while but like the uptrending iron ore price which seems set to go higher but might have a pullback first . Is there still suspicious events in Ukraine as I must keep an eye on FXPO with a view to a trade ?

[podgyted] 20/5/2020 13:07

Situation in Brazil is worsening - hope they get it under control - money isn't everything. hTTps://www.worldometers.info/coronavirus/country/brazil/

[foxy22] 20/5/2020 12:31

They can't really hold this back much longer...iron ore price rocketing look at other issue iron ore play FmgBrazil's vale the biggest pellet producer is beset with corona problems...and China announces more stimulus measures this FridayIron ore will hit 100 dollars

[r9505571] 20/5/2020 10:07

https://www.stockopedia.com/amp/why-ferrexpo-is-a-mid-cap-stock-for-contrarian-investors-32378/

[napoleon 14th] 19/5/2020 01:23

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

[bellbottom] 18/5/2020 16:00

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. Https://concorde.ua/rs/daily/item_76214/ BB

[thags] 15/5/2020 15:55

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

[grechen] 15/5/2020 15:28

It is Friday today isn't it???

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

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

[oniabsta] 15/5/2020 13:47

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 13:40

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 12:28

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

[carcosa] 15/5/2020 12:18

oniabsta, Depends on your circumstances. You can check the details under the following link: https://www.ferrexpo.com/sites/default/files/attachments/Dividend%20Letter%202019%20special%20final.pdf>

[oniabsta] 15/5/2020 12:03

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 07:31

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 20:56

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 15:05

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 13:19

How low could this go guys?

[r9505571] 14/5/2020 09:25

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.