Equity, Bottom-up Analyst, Investics Research

Sameer Taneja

A buy-side analyst with over 18 years of experience investing in Asian markets and specializing in the mid-small cap space, emphasizing value investing in companies with good free cash flows/dividends and long-term holding horizons. 
Exempt Financial Adviser (EFA) under CrossASEAN Research Pte Ltd. It is important to note that the information provided by Investics Research is based on publicly available data and own knowledge, which has been gathered and analyzed from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions. All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include but are not limited to, company announcements, exchange filings, presentations, etc. Investics does not guarantee the accuracy and completeness of the forecasts, estimates, and/or other information.

Equity, Bottom-up Analyst

Curator's Cut: Powering Down CATL, Iron Ore Plays & Japan Consumer Consolidation

Iron Ore At 104 USD/Ton: Where To Now With Simandou Online? Still Like Fenix, Others Fairly Valued

Iron Ore 65-62 Spread Widens, Despite The Commencement of Simandou Shipments

Fenix Resources (FEX AU): Still A Double At Least Despite >100% Rally

Iron Ore At 106 USD/Ton: Simandou Uncertainties To Risk Supply, Fenix, The Beneficiary

Fenix Resources (FEX AU) Q1 FY26 Report: Multibagger In The Making

Investics Research

It is important to note that the information provided by Investics Research is based on publicly available data and own knowledge, which has been gathered and analyzed from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions. All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include but are not limited to, company announcements, exchange filings, presentations, etc. Investics does not guarantee the accuracy and completeness of the forecasts, estimates, and/or other information.

Equity Bottom-up Research

Equity Bottom-Up

<ul>
<li>
<a href="https://www.smartkarma.com/entities/fenix-resources-ltd" target="_blank" data-smartkarma-citation="entities:7405:1" rel="noopener">Fenix Resources (FEX AU)</a> has pulled back 25% from its recent highs, as iron ore prices have fallen 6% from their highs, <a href="https://www.mining.com/web/chinas-massive-african-mine-threatens-to-upend-iron-ore-market/" target="_blank" rel="noopener">amid the Simandou project nearing completion</a>. </li>
<li>Despite the negative sentiment, with steel mill margins hovering around -300 RMB/ton, we still see iron ore at 95-110 USD/ton, as China's imports were a record in September. </li>
<li>We like <a href="https://www.smartkarma.com/entities/fenix-resources-ltd" target="_blank" data-smartkarma-citation="entities:7405:1" rel="noopener">Fenix Resources (FEX AU)</a> and are pounding the table on the name. Read our recent update, <a href="https://www.smartkarma.com/insights/fenix-resources-fex-au-q1-fy26-report-multibagger-in-the-making" target="_blank" data-smartkarma-citation="insights:206251" rel="noopener">Fenix Resources (FEX AU) Q1 FY26 Report: Multibagger In The Making</a> </li>
</ul>



Fenix Resources (FEX AU) has pulled back 25% from its recent highs, as iron ore prices have fallen 6% from their highs, amid the Simandou project nearing completion. 
Despite the negative sentiment, with steel mill margins hovering around -300 RMB/ton, we still see iron ore at 95-110 USD/ton, as China's imports were a record in September. 
We like Fenix Resources (FEX AU) and are pounding the table on the name. Read our recent update, Fenix Resources (FEX AU) Q1 FY26 Report: Multibagger In The Making 


Fenix Resources (FEX AU): Pullback With Iron Ore Prices And Attractive Entry Point