📈 Popular:

Broker of the month

Top 27 Regulated Forex Brokers

Forex No Deposit Bonuses

Promotions

⚡ Easily Trade – Apple, Microsoft , Tesla and Google Stocks – Open a FREE Account Here

Best Brokers

1st Place

2nd Place

3rd Place

4th Place

5th Place

Ferrexpo plc

 

Buy Ferrexpo plc shares

FERREXPO PLC (FXPO) Shares

ABOUT FERREXPO PLC

Ferrexpo plc is an iron ore pellet producer. The company’s portfolio includes operations where it mines, processes and markets nearly 20 billion tonnes of products, making it of one of Europe’s largest iron ore providers.

In 2018 its pellet production totalled at approximately 10.6 tonnes. Its high-performance pellets consist of nearly 94 percent of the company’s total pellet production.

Ferrexpo ships its products to numerous locations across Japan, South Korea, China, Vietnam, Taiwan, Turkey, Slovakia, the Czech Republic, Austria, Germany and the United States.

In order to produce these pellets, the company mines, removes the ore from hard rocks, crushes it in two separate plants, separates, grinds and separates the product again.

Waste material is then removed, and the product is formed into pellets, transported to its dispatch point and delivered to its customers.

Ferrexpo plc is a member of the FTSE 250 Index.

The company employs more than 9 200 people and is headquartered in Baar, Switzerland as well as Horishni Plavni, Ukraine. 

OVERVIEW OF FERREXPO PLC

  • The soviet government founds the company in 1960 as Poltava Mining and Extraction Combinant, primarily to exploit the Horishni Plavni in Ukraine’s iron ore reserves.
  • Its name is later changes to Ferrexpo plc. It lists on the London Stock Exchange in 2007.
  • In 2013 the company buys a 14.4 percent stake in Ferrous Resources, a mining company in Brazil, for a price of US Dollar 80 million, expanding its portfolio further than Eastern Europe.
  • More businesses are purchased during the next couple of years to build the successful company that it is today.

VISION & VALUES OF FERREXPO PLC

  • Ferrexpo plc is highly committed to the safety of its employees and contractors working at its operations.

  • The company’s vision is to create new opportunities to expand and operate sustainably and environmentally cautious and in a sensitive manner, while achieving its full potential.

  • It aims to offer high quality products and services to its customers and operates according to international standards. Business is conducted with ethical behaviour and integrity.

  • Ferrexpo is committed to supporting the communities from which it operates and hiring locals, making positive economic contributions as well as developing and training its employees.

  • It minimizes its environmental impact by conserving water and energy, reducing greenhouse gases and other emissions as well as land rehabilitating.

MARKET PERFORMANCE OF FERREXPO PLC

  • Ferrexpo plc trades on the Financial Times Stock Exchange under the FTSE stock symbol “FXPO”.

  • Data analysis for the company’s half year results for the six months ending 30 June 2019 reports a revenue of US Dollar 787 million, an increase of 28 percent.

  • Underlying EBITDA is US Dollar 372 million, a 59 percent increase. Profit after tax increased with 78 percent to US Dollar 270 million. Interim dividends are 6.6 cents per share, a 100 percent increase.

  • Net debt is US Dollar 282 million and capital investments are US Dollar 114 million. Potential investors can buy shares now at a good price.

Buy FERREXPO PLC stocks / shares – A Step by Step Guide how to Buy / Purchase FERREXPO PLC Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy FERREXPO PLC Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN FERREXPO PLC STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE FERREXPO PLC STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of FERREXPO PLC stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy FERREXPO PLC stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

Table of Contents

You might also like

Freshforex Minimum Deposit

  Freshforex does not have a minimum deposit amount when opening a live trading account. Freshforex no minimum deposit has several benefits, particularly for beginner

Freshforex Fees and Spreads

  Freshforex spreads start from 1.3 pips, the commission is charged with the ECN account, starting from 0.0030% for forex. Freshforex does charge withdrawal fees,