Ferrexpo Share Discussion Threads

[chess123] 02/9/2020 16:46

Think the fall today has a lot to do with the poisoning case all over the news, Putin is capable of anything even going into Ukraine and starting a war. I've bought in at these lows before and normally been able to get out once it bounces back above £2 pounds, but feel something different this time so staying out.

[bellbottom] 02/9/2020 16:00

Ukraine has had about 2,600 deaths overall, representing around 61 deaths per million population. The UK by comparison has a death toll of 611 per million population. I'm sure you can work that out for yourself. A ten fold difference in death rate.
Globally, covid cases are rising generally so highlighting Ukraine is an irrelevance.

As to Putin and water supplies in Crimea and invasion. Stop making things up.

As to Belarus, I've no idea where it's heading but I'd guess that Lukashenko has had his day.

Interesting to note that five rivers have completely dried out in Crimea. Don't expect an invasion anytime soon though. I'll let you know when and if I believe it's imminent.

BB

[simonsmithiv] 02/9/2020 15:02

Ukraine covid cases rising and Putin about to invade over water supplies(according to bellboy)and Belarus going to hell in a handcart. Maybe lodgeview was right all along?

[thags] 02/9/2020 11:51

Just tanked, no surprises there

[bellbottom] 02/9/2020 09:02

Despite the pandemic, Ukraine is increasing its exports. That includes iron ore of course.



"The largest shares of exports are: cereals (18.5%), ferrous metals (16.9%), as well as fats and oils of animal or vegetable origin (12.8%)."

BB

[r9505571] 01/9/2020 21:44

Big players all down! Rolls Royce -13% IAG -6% banks and oilers down too!

[lodgeview] 01/9/2020 20:02

Why did the FTSE crash today? Any ideas? Good sign that this finished blue on a very dismal day.

[r9505571] 01/9/2020 16:53

Yes would be great to see Ferrexpo pellets being loaded onto a continuous chain of rail trucks bound for China on the Silk Road! And great to see the directors ploughing their dividends back into stock albeit chickenfeed!

[bellbottom] 01/9/2020 12:56

Shipping to China.

Australia iron ore possibly losing out due to only utilising capesize ships which take a maximum of only about 300,000 tonnes. Larger chinamax ships take up to 400,000 tonnes. This potentially benefits Brazil and Africa who operate these larger chinamax ships, overall saving on costs. Ferrexpo only use capesize ships taking 210,000 tonnes.



Also, will the ongoing trade war between China and Australia have an impact on Australia's iron ore sales to China, which could benefit Ferrexpo of course?



Then there is the potential for rail freight from Ukraine to China. I believe this has its own political issues and is only being used for mainly retail goods currently. Ferrexpo have extensive rail fleets but I'm not sure on their infrastructure and potential links to China?



Iron ore prices back on the rise again. Hopefully this will be reflected in a steady rise in sp?

BB

[bellbottom] 31/8/2020 13:08

An interesting Sunday afternoon read. It may all come to nowt, but when situations become critical then action must be taken to avert a serious issue.

No way of knowing what the outcome will be short term, medium term or long term.
Hopefully it will all work out just fine and in any case will have no impact on Odessa Oblast region, which is critical with its Black Sea ports. Any ports on the other side of Crimea are subject to Russian interference as they have to pass under the Kerch Bridge, which has proved an issue in the past, with shipping seized by the Russian military.

Certainly the Belarus situation is concerning for the whole region. If Lukashenko really did have 80% of the votes then he would have no fear for another election. That's a huge margin of victory. But I think we all know the truth of the matter.




BB

[simonsmithiv] 31/8/2020 10:11

Has Putin invaded yet? Looks like Belarus is the one to watch, not water in Crimea.

[r9505571] 29/8/2020 08:46

Lifted from KDNC's interim update... stimulus packages in China that have been beneficial to our investment portfolio. . China's impact in relation to the rapid increase in iron ore prices has been clear. It is still the world's biggest buyer of industrial commodities, and the vast majority seaborne trade in iron ore goes there. Indeed, in the first week of June, China's steel blast furnaces were operating at 92% of capacity, which is above the 80-85% rates considered normal. Currently, indicators of construction activity look strong and a pipeline of orders had already been building before the pandemic struck. In its aftermath, construction has been given an extra push by the Chinese Government's stimulus package. [1]

[r9505571] 28/8/2020 12:01

From today's Times...Russian troops have taken part in a seaborne landing exercise on Gogland Island in the Baltic Sea this week. Putin has warned Belarusian protesters against 'Brigandry'

[bellbottom] 28/8/2020 12:00

So Simon 'now is the time to buy and not wet your pants.' That's what you posted yesterday. I'm assuming that you still stand by that or have you changed your tune based on the LSE post?

Did you buy when you were advising a 'buy' yesterday? Would be nice to get some clarity on that one.

BB

[bellbottom] 28/8/2020 10:04

Of course there is always a 'but.!' If there weren't then it would all be too easy. We'd all be uber rich.

Didn't know that they had organic yak wool farms in Greenland. Thanks for the tip.

BB

[bellbottom] 28/8/2020 10:01

I do highlight the positives as well as the negatives. But if it's bringing you down I'm happy to cease as I'm getting bored with it now.

As to war. I have no way of knowing, only listing the facts and then making a judgement. 2021 or 2022 is a long way off in share dealing terms. A lot to be made and lost in that time.

As I keep saying, I am more positive than negative.

Given your charts, did you take the opportunity to buy big or top up?

BB