FMG - Fortescue Ltd

[Value Collector]

The market is dominated by the big players.
Every week/month millions of bucks of Super contributions get plonked into the funds, ad they have to find a home for it.
The retail market, that may or not get "burned", is but a blip.
They exist for the big players to extract money from.
Mick

It's actually the opposite, patient and rational small investors can take advantage of the big players moves, and the big players don't have as many opportunities as the small players.

Where the big players do make a lot of money from the small players, is where they have convinced them that they should trade in and out of the market and follow the news cycle and trends etc. Then the small players do get worse results, and the difference flows to the brokers and the patient investors.

 

[Value Collector]

Brokers also make money from buying and selling for retail. The old rhetoric that big instos don't make much from retail is BS, I've heard retired brokers from large broking firms say they make money from large retail orders. The money they earn and pay out to other investors has to come from somewhere.

Only if you let them, I mean no one except me (and maybe the ATO) is earning much money off the APA shares that I have had in my draw since 2000, or the FMG shares I picked up in 2015. The simple answer is buy quality and avoid unnecessary trading.

 

[farmerge]

FMG No one pick for me in the Yearly Comp
Has finished this month on a good note and for those holding for some time should be happy with the SP now that it is hovering around the $20 mark.
Tidy dividend to round things off.
I still think it is a stock of value, and whatever Twiggy gets in the way of shekels then it has to be great for the peasant investors also.

 

[basilio]

Well FMG is being properly crucified today. Down 5.5% with a bullet.

I had a look at the Full Year Annual Financial report and I believe I have found the cause for this "existential angst" amongst hard nosed, investors.

First page. Full headline. That must be what has spooked the market..

At Fortescue, our purpose is clear: to accelerate decarbonisation on a
global scale, rapidly and profitably

FY25 Full Year Results Presentation (PDF 6,541.8 KB)

 

[Value Collector]

Well FMG is being properly crucified today. Down 5.5% with a bullet.

I had a look at the Full Year Annual Financial report and I blieve I have found the cause for this "existential angst" amongst hard nosed investors.

First page. Full headline. That must be what has spooked the market..

At Fortescue, our purpose is clear: to accelerate decarbonisation on a
global scale, rapidly and profitably

View attachment 207396 FY25 Full Year Results Presentation (PDF 6,541.8 KB)

It’s ex-dividend today so 85 cents is just the dividend the other 20 cents puts the drop 4 times less than BHP is currently down on a percentage basis and about equal to what the market as a whole is down today, Nothing to worry about here

 

[frugal.rock]

Well FMG is being properly crucified today. Down 5.5% with a bullet.

It's gone ex dividend today.
Buy the dip?
Edit, beaten to the punch by VC above

 

[Garpal Gumnut]

Down 5.5% with a bullet.I had a look at the Full Year Annual Financial report and I believe I have found the cause for this "existential angst" amongst hard nosed, investors.
First page. Full headline. That must be what has spooked the market..
At Fortescue, our purpose is clear: to accelerate decarbonisation on a
global scale, rapidly and profitably

It is a shame ASIC is not a better regulator. Otherwise I'd be minded to report Twiggy and the mob of overpaid missionaries running the company.

Their purpose should be to primarily provide profit to shareholders and then followed by all the self serving piffle in that sentence above.

What a shower of bedwetters.

gg

 

[basilio]

It is a shame ASIC is not a better regulator. Otherwise I'd be minded to report Twiggy and the mob of overpaid missionaries running the company.

Their purpose should be to primarily provide profit to shareholders and then followed by all the self serving piffle in that sentence above.

What a shower of bedwetters.

gg

Yeah... NO. And repeatedly NO, NO, NO

Yes ASF is largely populated by a highly proft focused group of investors. And yes the capitalist economy ASF follows also track whatever you beaut , get rich quick project can move share prices quickly in the next quarter. (me included) Nothing like watching the figures on our favourite punt double and double again.

But there is a reality out there about the irrevocable damage being caused to our current climate and ecosystem by human created global heating. It isn't theoretical or something that might happen some time in the distant future. It has been hammered home by climate scientists, economists and business leaders who respect reality beyond the next quarterly ( carefully fudged) earnings statements.

Twiggy Forrest wears many hats. He is a serious scientist who knows from personal studies and experience how the oceans are being massively affected by global warming. He is a ruthless businessman who can identify business opportunities and one way or another drive people and capital to creates highly profitable ventures where is is also the largest beneficiary.

But finally he is a climate realist and gets the situation that a world with out of control global warming is incompatible with our current structures and civilization. He has the courage/foolhardiness to do whatever he can to change the direction of his industry to somehow turn back/reduce the clearly disastrous effects of the rapidly increasing temperatures caused by our current settings.

The "smart money" of course just ignores such a course. Far more immediate profits in almost anything else. And I suppose the only way for this "smart money" to continue on a clearly suicidal path is to call CC a hoax, undermine any attempts to move to a clean, renewable energy economy, and resolutely ignore the catastrophic climate events that are weakening the physical and economic structures around the world.

 

[basilio]

Just to finish my rant.

When serious business sits down and examines where it is going in the next 5-10- 20 years and looks at opportunities and problems it is called risk evaluation. The Stern review was the most detailed business analysis on the foreseeable effects of CC. Long forgotten by now and furiously derided by the fossil fuel industry and other CC deniers. But nonetheless exceptionally far sighted.

The Economics of Climate Change: The Stern Review ​

Book on 30 October, 2006

The Economics of Climate Change: The Stern Review

is a landmark study that was published on 30 October 2006. The Review concluded
:
“This Review has assessed a wide range of evidence on the impacts of climate change and on the economic costs, and has used a number of different techniques to assess costs and risks. From all of these perspectives, the evidence gathered by the Review leads to a simple conclusion: the benefits of strong and early action far outweigh the economic costs of not acting.”

The main findings of The Economics of Climate Change: The Stern Review included:

• there is still time to avoid the worst impacts of climate change, if we take strong action now;
• climate change could have very serious impacts on growth and development;
• the costs of stabilising the climate are significant but manageable; delay would be dangerous and much more costly;
• action on climate change is required across all countries, and it need not cap the aspirations for growth of rich or poor countries;
• a range of options exists to cut emissions; strong, deliberate policy action is required to motivate their take-up; and
• climate change demands an international response, based on a shared understanding of long-term goals and agreement on frameworks for action.

The Economics of Climate Change: The Stern Review has become one of the most influential reports on climate change ever produced since its release by Her Majesty’s Treasury of the UK Government in October 2006. The report was published as a volume

in January 2007 by Cambridge University Press.

The Economics of Climate Change: The Stern Review - Grantham Research Institute on climate change and the environment

The Economics of Climate Change: The Stern Review (2006) assessed a wide range of evidence on the impacts of climate change and on the economic costs.

www.lse.ac.uk

 

[Garpal Gumnut]

Just to finish my rant.

When serious business sits down and examines where it is going in the next 5-10- 20 years and looks at opportunities and problems it is called risk evaluation. The Stern review was the most detailed business analysis on the foreseeable effects of CC. Long forgotten by now and furiously derided by the fossil fuel industry and other CC deniers. But nonetheless exceptionally far sighted.

The Economics of Climate Change: The Stern Review ​

Book on 30 October, 2006

The Economics of Climate Change: The Stern ReviewView attachment 207415 is a landmark study that was published on 30 October 2006. The Review concluded
:
“This Review has assessed a wide range of evidence on the impacts of climate change and on the economic costs, and has used a number of different techniques to assess costs and risks. From all of these perspectives, the evidence gathered by the Review leads to a simple conclusion: the benefits of strong and early action far outweigh the economic costs of not acting.”

The main findings of The Economics of Climate Change: The Stern Review included:

• there is still time to avoid the worst impacts of climate change, if we take strong action now;
• climate change could have very serious impacts on growth and development;
• the costs of stabilising the climate are significant but manageable; delay would be dangerous and much more costly;
• action on climate change is required across all countries, and it need not cap the aspirations for growth of rich or poor countries;
• a range of options exists to cut emissions; strong, deliberate policy action is required to motivate their take-up; and
• climate change demands an international response, based on a shared understanding of long-term goals and agreement on frameworks for action.

The Economics of Climate Change: The Stern Review has become one of the most influential reports on climate change ever produced since its release by Her Majesty’s Treasury of the UK Government in October 2006. The report was published as a volume

in January 2007 by Cambridge University Press.

The Economics of Climate Change: The Stern Review - Grantham Research Institute on climate change and the environment

The Economics of Climate Change: The Stern Review (2006) assessed a wide range of evidence on the impacts of climate change and on the economic costs.

www.lse.ac.uk

Well join a climate interest group and bore them with your self described rant. Jesus give me patience.

gg

 

[countrylad]

Twiggy would probably get involved with ASIC if there was government grant in it for him.

 

[basilio]

Well join a climate interest group and bore them with your self described rant. Jesus give me patience.

gg

Tough GG. Disappointed but hey what should I expect on ASF ?
Seriously though. Do you think global warming is a hoax or not important or is it just too challenging to recognise ?

 

[Value Collector]

Yeah... NO. And repeatedly NO, NO, NO

Yes ASF is largely populated by a highly proft focused group of investors. And yes the capitalist economy ASF follows also track whatever you beaut , get rich quick project can move share prices quickly in the next quarter. (me included) Nothing like watching the figures on our favourite punt double and double again.

But there is a reality out there about the irrevocable damage being caused to our current climate and ecosystem by human created global heating. It isn't theoretical or something that might happen some time in the distant future. It has been hammered home by climate scientists, economists and business leaders who respect reality beyond the next quarterly ( carefully fudged) earnings statements.

Twiggy Forrest wears many hats. He is a serious scientist who knows from personal studies and experience how the oceans are being massively affected by global warming. He is a ruthless businessman who can identify business opportunities and one way or another drive people and capital to creates highly profitable ventures where is is also the largest beneficiary.

But finally he is a climate realist and gets the situation that a world with out of control global warming is incompatible with our current structures and civilization. He has the courage/foolhardiness to do whatever he can to change the direction of his industry to somehow turn back/reduce the clearly disastrous effects of the rapidly increasing temperatures caused by our current settings.

The "smart money" of course just ignores such a course. Far more immediate profits in almost anything else. And I suppose the only way for this "smart money" to continue on a clearly suicidal path is to call CC a hoax, undermine any attempts to move to a clean, renewable energy economy, and resolutely ignore the catastrophic climate events that are weakening the physical and economic structures around the world.

Its like GG is forgetting that FMG has been one of the best performing stocks on the ASX and has probably created more millionaires than just about any company on the ASX in the last 20 years.

 

[divs4ever]

Tough GG. Disappointed but hey what should I expect on ASF ?
Seriously though. Do you think global warming is a hoax or not important or is it just too challenging to recognise ?

if true ( the climate agenda ) HUGELY exaggerated , my first hint was my former boss Rupert Murdoch , was an early convert to ' climate science ' the very company that converted millions of healthy trees into garbage ( and advertising revenue )

the real challenge is efficient use of resources ( which are essentially finite ) but a theory created to make the masses feel guilty for the ravages caused by a few ( billion dollar companies )

look at the devastation left behind by Standard Oil ( broken up under several names , and including Exxon and Chevron )

and several other companies that stopped making fertilizer but continue to make explosives ( which is nearly always bad for trees and plants )

 

[divs4ever]

Its like GG is forgetting that FMG has been one of the best performing stocks on the ASX and has probably created more millionaires than just about any company on the ASX in the last 20 years.

well i haven't forgotten ( i currently hold a few ) but am also mindful of how many companies have gone broke or nearly broke and kept alive by tax-payer funded government grants

by the way 'the millionaire factory ( MQG ) bought the UK green development bank a few years bank

so when embracing the climate agenda realize the sharks and squid you are swimming with

( i hold MQG 'free-carried' )

 

[Garpal Gumnut]

@basilio and @divs4ever

You 2 are a load of laughs. Thanks for being on ASF.

gg

 

[Value Collector]

well i haven't forgotten ( i currently hold a few ) but am also mindful of how many companies have gone broke or nearly broke and kept alive by tax-payer funded government grants

by the way 'the millionaire factory ( MQG ) bought the UK green development bank a few years bank

so when embracing the climate agenda realize the sharks and squid you are swimming with

( i hold MQG 'free-carried' )

Fmg isn’t going broke though, they have an iron ore business producing billions of dollars in cash flow, how is lowing costs by installing some solar panels and wind turbines to offset the amount of gas they burn going to do them damage?

I think the people that have trouble understanding what FMG is actually doing just don’t understand the difference between FMG’s “decarbonisation projects” eg building solar farms, wind turbines, batteries and connecting them all into a Pilbara grid and the Fortescue future energy side of the business which is doing hydrogen stuff which they have said is only going ahead with each project as it becomes commercially viable.

 

[Dona Ferentes]

It's gone ex dividend today.
Buy the dip?

don't let facts get in the way

60c out of a 78c drop, on a down day for the market.

 

[frugal.rock]

don't let facts get in the way

Not sure what your pointing at there?
What have I got wrong this time.

I thunk me spulling ees 0k

 

[Dona Ferentes]

Not sure what your pointing at there?
What have I got wrong this time.

yes, i realise it was poorly written.

I was addressing the rather dubious assertion expressed somewhere higher up the thread ... that you replied to.