Member Info for LythamSlim8

Looking for that gap around £2.40, left in late August, to be filled.

Yes. Rating change should put Ferrexpo back onto the radar of a few institutional investors.

Positive, improving outlook for both Ferrexpo & Ukraine earlier. Further de-risking this play.

https://news.yahoo.com/ukraine-russia-agree-full-ceasefire-223547742.html

Looks as if no special div this time.

No great fan of the IMF but this move is indicative of the de-risking Ukraine is undergoing presently. Maybe Zhevago on the international wanted list was hot air in order to secure the support of IMF. That the President should talk to Zhevago last week appears incongruous with his wanted status.

Just need to clear £1.44 now.

https://www.nytimes.com/2019/12/08/world/europe/ukraine-imf-loan-zelensky.html

Nice. Company in a top position going forward. That debt pile has come down dramatically over the last few years and yet Ferrexpo still, ostensibly, priced for bankruptcy. Just the geopolitical risk weighing it down I suppose. Provides another great opportunity to buy though.

Had a tickle off FXPO, GLEN & KAZ from 2016 - 2017. Large enough to buy the freehold on my current business premises. No doubt a similar payoff in the offing now.

Good luck all.

Audaces fortuna iuvat.

And further chunks of the debt paid down.

Probably higher this financial year.

https://simplywall.st/stocks/gb/materials/lse-fxpo/ferrexpo-shares/news/why-we-like-ferrexpo-plcs-lonfxpo-39-return-on-capital-employed/

No obvious knock on effect on Fxpo which is reassuring. Actually looks like a potential bottom now. Just re-upped. Holding an extra 1500 more shares than at the start of the week without spending a penny.

Good luck all.

I agree. Just a case of when a sustained bounce occurs.

Serious downside action!

Still in a clear downtrend on the hourly chart. Indicators such as MACD not looking too clever on the daily chart either. Could well print in the lower 1.30s.

My guess is that it will print on the lower £1.30s before bouncing.

GLA

Mad isn't it?

Let's hope so. Zhevago still major shareholder though, therefore bound to act as a drag short term.

Still looking to top up around £1.34.

https://www.standard.co.uk/business/warrant-out-for-ferrexpo-s-billionaire-ukrainian-owner-kostyantyn-zhevago-a4303156.html?amp

Looking for 1.34

Lol £1.48 now

Yes, weekly MACD looks to be turning. Don't doubt the medium & long term prospects here but suspect we may see some short term weakness before heading north.

Giod luck all.

This looks a little lacklustre - wouldn't be surprised if the pullback continued down into the 130s.