The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Nickel who do you use to set up your shorts? I’m with ii but can’t short on there is it a spreadbet that you do?
Repression - the tlw short from 200 was second biggest close this year. My mistake was closing too soon though at 69p.
Re FXPO, there is volume just not the move yet ...
When is this going to rocket? We were hammered down to 120 and haven't had a convincing bounce. You shorted TLW and I agree the fundamentals look terrible their and yet that has bounced back 50% in about the space of two days. Why is there no traction with this share, no volume? Why aren't bigger buyers seeing what you are seeing Nickel?
Big news just in -
Trump not removing tariffs, but cutting rates on existing ones. China demanded fulil removal
U.S. NEGOTIATORS OFFER TO CUT EXISTING TARIFF RATES BY UP TO 50% ON $360 BILLION OF CHINESE IMPORTS - WSJ
DK - it's the cheapest LSE miner by miles, hands down and the price will revise upwards purely because it will be cashflow and valuation drive. Just a case of being patient. Those who haven't been accumulating will regret it - i believe so anyway. When the income statement demonstrates a valuation at such a tiny profit multiple and 1xnav i'll stay focused on that rather than getting swayed by up and down movements (as so many do!)
This is my view.
Business transitions to net cash as production goes to 12million tonnes each year which adds at least another $110m cash to the business. That only enhances the next opportunities in growth via it's brownfield reserve base and increases the amounts of cash that can be returned to shareholders as divis. The website clearly states these assets can produce for another 40 years so think of the kind of the cash we're talking over the life of the assets. Doubling from here is the first target but imo it can multiply many times over as the balance sheet evolves. This is the share to buy and hold right now.
$20 uplift in iron ore prices since the bottom of 120, its frustrating this is being held down
I agree it will shift in Jan or Feb, or even when china tariffs are rolled back fatty tweet boy is playing poker with the Chinese atm. If the tariffs do get rolled back then this can really shift. Not long left for the next trading update
Shares rarely go up in a straight line but after being hammered down from £3 this appears to have put a base in. Slowly gaining traction - £2.10 & subsequently £2.40 will print. Just give it a month or 2. One thing I learned on the way up during 2016 / 17 is that Ferrexpo can shift.
lets face it, it should be rocketing and be £2.10 already....
could be heading back to 1.46
Gaps to fill at £2.10 and £2.40 according to daily chart.
Is today the day? Rocket time? up 4% already.
NI, it is crazy how high Kaz and other miners went up so high a few years ago. I remember kaz went to 80p then over 3 years ago then later shot to 10£ a few years later when copper went to 3£ .. so many miners went up multiple times...If the big boys come in here then it will move. Not saying this will go up that much but be happy if it went back to 2£
Matt - just a matter of time. If the cashflows weren't this good and the valuation wasn't this good i would have taken my 10%. I will wait until this doubles at least. Reality is though as this goes to net cash, increases it's divs with decades of production ahead this can go multiples of these levels. I reckon it will be one of those stocks where everyone will look back and wished they'd mopped them up in mass down here.
In September when iron ore prices were this high we were just over £2 a share. In April over £2.60 when prices this high.
Fundamentals completely out of the window at the moment.
Trading update in early Jan may shift this but more likely bumper results in April will.
A 100,000 just landing on l2, but over £160,000 on rsp. Keeps moving up bid showing very keen to get in!
The bull case could be easily made at 200, let alone 145. Buy and be patient for the big move coming...
Now that will be nice...and needed
Looking for a move back above the 10 and 15 day simple moving averages today (currently the case). Next big one is the 100 at around 173
No special dividend yet, hasn't helped the share price either. Does anyone think we're still going to getting one?
Patience will out as they say
If its action you're after the betting markets on the GE are active. Total Conservative seats (320-329) down from 8-1 to 5-1 since Monday.
.. Soon enough.
You all know it.