Ferrexpo Share Discussion Threads

[1knocker] 05/3/2024 13:16

Add the tanking steel price to the war, political and legal risks here and the risk /reward ratio seems highly unattractive to me at anything like the current price.

I speak as one who finally sold out (after a bit of trading when there was a range patten) at over £1 above today's price. I would like to get back in and see FXPO do well, but I feel not the slightest temptation to do so in the present circumstances and current price.

[bellbottom] 29/2/2024 16:00

Thags, you could easily read into the article a positive outlook, in as much as the writer is suggesting that the Ukrainian authorities need to be seen to be clean and absolutely NOT to jeopardise western investments and hence jeopardising their own chances of rebuilding or indeed future investments from the west, which they will need in spades.

We know Blackrock, for instance, have already had meetings with Zelensky, I assume to discuss investments and rebuilding after the war. They are the biggest shareholders after Zhevago @ 7.5% holding.

I imagine Zelensky would like to have Ferrexpo in govt hands, but would have to do that through acquisition rather than requisition. I suspect some deal where Zhevago has to give up a major chunk of his holding.

Who knows at this stage. In times of war, anything is possible. After the war has ended is a different matter.

[thags] 29/2/2024 10:51

and yet despite what this articles mentions the stock goes up lol

[bellbottom] 29/2/2024 10:15

Just re-read the Forbes article and the last section on the Ukrainian authorities and their 'relationship' with Ferrexpo and western investors is the best article I have read on the subject. Post war is going to be interesting. Western investment being vital and trust in the rule of law will have huge implications if Zelensky or whoever is in power, doesn't create the right environment for that investment to continue.

[bellbottom] 28/2/2024 12:44

Excellent article. The last few paragraphs are specifically about Ferrexpo and Zhevago. Definitely worth a read if you are a FXPO holder or intend to be in the future.

[bellbottom] 25/2/2024 10:47

In case anyone missed it.....

[masergt] 23/2/2024 19:46

O.T.

I don't know if any on here were invested in Tintra (TNT) which recently delisted but they have now, as a private company, published an update. Please excuse me using this thread as a platform but all other TNT chat sites seem dead.



Tintra: The Next Steps
05/02/2024
Tintra: The Future

"Next Steps

Having finally managed to complete the privatization the company is now focused on continuing with the building out of its strategy. Firstly its recapitalization, secondly a soon-to-be-announced (during February) merger and restructuring, and finally being able to settle down into the work of delivering the banking infrastructure solutions that we are deeply involved in building.

Over the past year we have been developing relationships with major funding partners in the Middle East. We realized that the nature of our business meant that we would be able to move faster and with more substance with a state-backed anchor investor rather than running the funding-round strategy. To that end we are pleased that we have secured three new sources of funding, two that are closed and one that we anticipate closing during Q1, along with sourcing a funding partner to allow for retail investors to exit the company should they wish to – although of course we hope everyone stays on this journey with us.

Having developed the technology and the fundamental strategy ahead of any other players we have been able to progress to the advanced stages of an anticipated merger with a state supported banking platform. This merger, which we expect to complete soon, brings the mission forwards three to four years and will allow Tintra to be a full service banking platform from launch, rather than to be a payment infrastructure for the first few years until certain milestones were reached. This meaningful transaction will be a world-first and has the potential to impact hundreds of millions of lives.

Go Forward Structure

Tintra Limited (ex-Tintra plc) will continue to remain the main holding company of Tintra going forward. New private equity and state equity will fund the business as it goes forward and this entity will form the basis of the merger should it complete.

Shareholders wishing to continue with us for the journey need do nothing. We are putting together a communications strategy to keep all retail shareholders informed and have a direct line to be able to ask questions and seek feedback by a much more active social media presence. This will be much easier as a private company where we can be more open and discussive as we go forward.

For those shareholders wishing to leave, the JP Jenkins facility will be live from today. We have shortened the usual 90-day period and the initial period will be for 60 Days for all orders to be gathered. There is an obligation for all shareholders to be treated equally so at the closing of that period there will be an equal split of shares at the 150p price.

However, there will be a second closing 90 Days after that for any shareholders that decide to take a ‘wait and see’ approach or only sell down part of their shareholding at this first opportunity."

[loganair] 21/2/2024 15:26

Technically advanced weaponry often doesn't work and when it does needs a lot of looking after and maintenance and a great deal of training to operate.

I never know why the powers to be decided to do for high tech advanced every thing when it comes to the British armed forces instead of low tech, that works, needs little maintaining and little training to operate.

[geckotheglorious] 21/2/2024 14:59

British nuclear test almost killed Defense Secretary Grant Shapps

It is reported that the Trident II ballistic missile was ejected from its silo normally, but the first stage boosters failed to fire and the 58-ton missile with a potentially nuclear warhead fell in close proximity to the HMS Vanguard submarine that launched it. At that moment the Minister of Defense was on it along with the admiral.

The previous test of this missile 8 years ago also ended in failure.


"Yeah I'm sure the Russians are quaking in their boots over our military preparedness.

2 Aircraft carriers non operational, stuck in port

Nuclear subs that dont work

Smallest British Army in many decades such that "Conscription" has been mooted!!!!"


German, French, Spanish,Italian armed forces in a similar dire state.

[1knocker] 20/2/2024 18:47

The clearest lesson we have leared from the Ukraine war is that the Russia military is much weaker and less well organised than had been feared, and poses no significant treat to the west.

Putin would also have to be not just a megalomaniac but completely deranged to want to annex territory (whether in Ukraine or elsewhere) where the population would be hostile to Russia. The cost of retaining it would be out of all proportion to the benefits.

Actually, that is also true of the Russian speaking and sympathising areas of Ukraine. Ukraine would be better off without them. That is not the least of the tragedies of the war, that at enormous cost in lives and treasure Ukraine is fighting to recover land it would be better off without.

[masergt] 20/2/2024 17:12

I'll go with that bellbottom.

Strange how UK/US/??/?? black ops are happy to take out irritating but globally insignificant Jihadist leaders from thousands of miles away with expensive precision drone strikes but are unwilling/too scared to eliminate the deranged psychopaths destabilising global peace and economics and bring an end to all this senseless death and destruction. No point having a big stick if you're not man enough to use it.

Strange also how well the weapons industry is doing.

[geckotheglorious] 20/2/2024 17:11

Bozzy_S
"If Russia want more than the breakaway regions, the entire civilized world needs to stop them. We've nothing to fear. Putin's terrified of NATO - quite rightly. He'll be crushed in a matter of days in a NATO v Russia conflict."

Deluded.
We've nothing to fear?
Have you seen the state of our Armed Forces - see all the chatter about "CONSCRIPTION" recently, and "Taking in any foreigners absent security checks" to boost the Army's numbers.

Have you seen the woke recruiting adverts for Armed Forces?

One thing Putin is not afraid of is Western European Armed forces. And what of the Turks(2nd largest Army in Nato - who's side are they on?)

One thing the Russian Army wont be is crushed within a matter of days.

The Germans are bloated, unfit, under equipped. Ditto France, UK, most of Western Europe has blown the peace dividend and woefully under invested in their miltary's for 50+ years.

It is US, the West, who are woefully unprepared so the doctrine will be as it was post 1945

We will do our best but in expectation of the Red Army steamrolling to France Nato will employ tactical nuclear weapons on the battlefield. It is THIS THREAT, and this alone that has kept the Russians from expanding Eastwards. Just as it did in 1945.

And such will do so again IF we maintain our nuclear deterrents to a capable degree (which of course most in Nato who have nukes have not)

If you want peace, prepare for war.

Sadly we have not prepared and we have been led by weak leaders for too long.

[bellbottom] 20/2/2024 12:18

This year is going to be so critical on so many issues. Worldwide elections - UK, US and Russia to name a few - military spending in the billions to fund wars, death and destruction in Ukraine and Gaza. Not looking good for humanity.

Easy fix though. Just a few world leaders need to be got rid of. They need to fear the general public and the general public need to make that fear real. Will it happen? Of course not. The status quo will be maintained by the few over the many and we will get what we deserve by being so compliant and malleable.

Let's face it, 99.9% of the citizens of this planet want a safe, secure, happy life. Yet the 0.1% prevent that from happening. So much power in so few hands. So much wealth in so few hands. No wonder the world is in such a mess. We need a cull of the few for the benefit of the many.

[bozzy_s] 20/2/2024 12:00

Ouch. Dividend cancelled. Makes FXPO absolutely uninvestable again. There's also a significant worry about Russia's gains in the East, creeping towards Poltava. If the President doesn't give up the Eastern regions soon (absolutely unfair, but would save thousands of lives and billions of dollars), he might lose everything.

If Russia want more than the breakaway regions, the entire civilized world needs to stop them. We've nothing to fear. Putin's terrified of NATO - quite rightly. He'll be crushed in a matter of days in a NATO v Russia conflict.

He's better off going to the negotiating table, leaving the rest of Ukraine as an independent country - one which is infinitely better than Russia, thanks to Putin's murderous brutality.

Still can't believe we let him murder one of our people, in our country, with zero consequences. Utter monster. Also can't believe the Putin apologists such as Trump. They're imbeciles.

[farrugia] 20/2/2024 11:02

NOW YOU HAVE IT NOW YOU DON'T

[casholaa] 16/2/2024 17:42

It's different now. We have gone from single-country empires to single-country plus minions empires. This thing could just fizzle out without peace and remain ongoing.... as long as that happens Ukraine can't get into NATO. They can of course join the EU but that would require pan-european appetite for France's euro army... a possible resulting multi-country empire.

[1knocker] 15/2/2024 19:58

The difficult question may turn out to be what one should regard as 'the end' of this war. A struggle had been going on between the west and Russia over Ukraine for at least a decade prior to the invasion. A cold war, with hot spots. It may well be that is what we shall return to when 'peace' eventually comes.

[bellbottom] 15/2/2024 17:00

I've just had a look at the timelines for a few of the major wars of the 20th century and averaged out the number of years each lasted in order to reach a guesstimate for the Russia/Ukraine War.

If you include the Vietnam War, this sways the numbers somewhat as it lasted 20 years and gives an average length of war between Russia and Ukraine as SEVEN YEARS.

If we remove the Vietnam War from the figures we get an expected warspan of FIVE YEARS.

So there we have it - A scientific calculation as to the expected length of the war. Anywhere between five and seven years.

Next week sees the two year anniversay of the war - so, if we are lucky, only three years left to play out.

[1knocker] 13/2/2024 19:34

There is not much hope of ANY settlement when the west (aka the USA, whose proxy war this is) does not even know what it would regard as an appropriate treaty!

[bellbottom] 04/2/2024 15:53

Hi Thags,

You may well be right there.

The war now beginning to resemble the First World War in as much as we seem to have reached a kind of stalemate with no major gains on either side. We know that both sides having issues with keeping up a steady flow of munitions. Russia at a distinct advantage here as they are better fixed to increase production. Ukraine relying almost solely on outside help. If Europe and especially the USA don't keep up a steady flow of the tools of war then it will inevitably be a negotiated settlement as the end result with Ukraine giving up huge chunks of territory with the liklihood of endless smaller battles. civil unrest and general destruction.

The US elections are going to be vital.

[thags] 04/2/2024 14:08

Like I said 70 was the low, no new bad news is having a negative effect on the stock price so all the weak hands have been shaken out now it's fomo going to drive this higher

[bellbottom] 04/2/2024 13:46

Old news but not much has significantly changed so it is still very much relevant to where we are today.

Under the circumstances, Ferrexpo doing just about as much as they can and can be applauded for doing so well in times of war, but so much is out of their hands until Putin is dead, the war is over and the reconstruction begins.