Member Info for Maksym

He’s busy buying shares now, when he will buy everything back, I think he’ll say something

They believe that this does not apply to the company's activities, and therefore they are silent. And they do not comment on the indirect influence

I think he will be forced by large shareholders to resign until he decides his lawsuits.

Deputies agreed with the arguments of mining companies regarding rent increases. The formula is changing for the new project, it is becoming more marketable and this will increase rents not as much as originally planned, for FXPO it’s about +45 million $ per year

https://blackwellbulletin.com/is-there-strength-behind-the-numbers-for-ferrexpo-plc-lsefxpo-sustainable-projects-group-inc-otcpkspgx.html

Scandals arise from time to time, but the company only improves its production and financial results and this is important

And last, the company is in 3rd place in the world in terms of iron ore reserves. To create such a company from scratch, you need $ 3-3.5 billion and 3-4 years. Current capitalization you know

It is worth adding that next year the company plans to increase production by 10% to 11.5 million tons, and within 5 years to invest its own rather than borrowed funds in the amount of $ 1.3-1.5 billion and to increase the production of pellets up to 18-20 million tons. What will make it possible to receive net profit at the current capitalization level per year

There are really two things that affect the value of stocks: the strengthening of the hryvnia and a possible increase in rents for the extraction and processing of iron ore. At current prices for pellets, the company can generate about 550 million net profit per year, if the hryvnia does not begin to devalue and the rent is increased as planned, the reality is in the middle, then this will reduce profit by $ 60-80 million. From the positive, private locomotives should allow it, which will eliminate the risk of non-delivery of products and reduce the cost of transportation, also the investment climate in Ukraine should significantly improve and in 2-3 years the country will receive an investment rating. Then the shares will be valued differently. Although the company estimates it should have a rating of at least AA

KAZ has a big debt and much worse profitability than FXPO, they can not be compared. At FXPO, the price for today is in no way connected with financial and production results.

No

In 2015

In my opinion, it’s positive, since FXPO lost $ 178 million in the bank. Maybe at least a part will return. But why not panic to buy cheaper?

At yesterday's (September 23) auction on the London Stock Exchange, British Ferrexpo stock quotes, where Konstantin Zhevago is the CEO and largest shareholder, fell 6.7% from 186.8 pence to 174.15.

Recall that yesterday the People’s Deputy of the Verkhovna Rada of the last convocation Konstantin Zhevago was summoned for questioning by the State Bureau of Investigations to notify of suspicion and interrogation as a suspect in the case of bringing his Bank “Finance and Credit” to bankruptcy.

The fall in shares in recent days is connected with the summons for questioning Zhevago as a suspect in the bankruptcy case of the Bank "Finance and Credit"

Profit in 2019 is expected to reach $ 500 million. The market rates the company at p/e = 2

In January-July, Ferrexpo Group exported 5,995.6 thousand tons of iron ore pellets, while maintaining leadership in the CIS.

This is evidenced by the data of the State Enterprise "Ukrpromvneshekspertiza".

Poltava and Yeristovsky GOKs, which are part of the Ferrexpo group, exported 5267 million tons and 728.6 thousand tons of pellets for export for seven months, respectively.

Ferrexpo Group exported pellets to EU countries, Japan, South Korea, Taiwan, China, USA and other countries.

For seven months, Poltava GOK produced 6164.3 thousand tons of iron ore pellets.

I would like to note that prices began to drop when the ore turned up

Buy 50000 227-229

Dmytro Khoroshun: We tentatively expect Ferrexpo’s 2019 production volume to be in line with the company’s guidance of 10.6 mmt (about 29.1 kt per day), flat yoy. Nevertheless, we note the opportunity for Ferrexpo to boost its sales and production volumes in 2019 because of the Vale mine disaster in Brazil.



We expect Ferrexpo’s 1H19 EBITDA to have reached USD 350-375 mln, or a 50-60% yoy jump.