Central Asia Metals Share Discussion Threads

[morph7] 27/3/2015 18:26

Agree. Quite rude of the chaps not to give any update regardless if it's yay or nay.

[danieldruff2] 27/3/2015 16:11

Yep, I'd like to hear what happened to Copper Bay, even if it's a dud.

[morph7] 27/3/2015 16:04

Yearly out on Monday I believe

[morph7] 04/3/2015 17:53

100k trade went through today. When is next news, anyone?

[pas100] 20/2/2015 04:17

Last 4 trading days have been nearly all trades have been buys - is my patience about to be rewarded ?

[wipo1] 19/2/2015 14:44

On my watch list would like to pick up around 140p. As usual with small caps put off with spread.

[gilgil13] 07/2/2015 21:13

Tempted to add at these levels, been holding for about a year. I think dividend looks safe, although I wouldn't mind a short term cut if it allows more cash to be retained for investment in other projects.

On a side note, has anyone come across other miners with similarly low production costs? I think CAML is really attractive but I am concerned about putting too much into a company that operates in somewhere that could become politically unstable.

[the count of monte_cristo] 23/1/2015 08:39

Welcome back wassapper! Hope all is well with you.

Regards, ToMC

[morph7] 21/1/2015 14:34

Even with a prolonged depressed POC we will still be in line for 10p this year I'm thinking. Nick Clark is very dividend focused hence my faith. Good entry for you I reckon wassapper, best of luck. Morph

[wassapper] 21/1/2015 12:41

After a fraught year or so personally I have made my first share trade for over 15 months. Bought 5k of these today.

The share price has held very well given the POC drop. The increasing production and cash is very supportive. The divi interesting (but of course can they maintain it at current level?)

Marginal producers will close up shop if POC persists here (wee WTI results today). Every little helps as overall Cu demand remains fairly strong.

A good price to get in at. May drop more but happy with this for the time being.

[welsheagle] 18/1/2015 20:15

Most commodity shares are being hit at the moment, but they will recover.

[morph7] 18/1/2015 07:27

I've been buying more on this weakness. This is where being in the lowest quartile of producers comes in handy.

[joan of arc] 13/1/2015 19:23

POC is tanking so another down day tomorrow I fear.

[wirralowl] 13/1/2015 19:18

Thanks for your thoughts, Daniel. I guess that's one of the downsides of AIM stocks, their SP's tend to get hit disproportionately on any large sells.

Was a holder myself of APF, until about a year ago, shocked to see where they are now...

[danieldruff2] 13/1/2015 18:50

It seems that any time someone wants to sell in volume - there was a 250k sell today - the share price zooms down to the 150-160 range to accommodate it. And it's happened again.

The extra output this year should mitigate the copper price fall which I doubt will be long term. The only disappointment is that they have not updated the market on the Copper Bay JORC. I did see a comment in a news report it would arrive this year, which is vague to say the least, but they should be informing investors of the latest timeline. Naughty.

I hope they are not going to get self satisfied and sit on their big pile of Kounrad cash, like Smaug the Dragon. They need to be a bit more proactive at sizing up other opportunities. I was a big fan of Anglo Pacific for a long time, and there, they made the mistake of coasting off the royalty from the Kestrel coal grounds for many years and were lazy about making sensible investments with the surplus cash, and are now paying the price.

[wirralowl] 13/1/2015 18:40

After the positive update last week, really surprised to see the share price fall away this week. Can only presume its the fall in the copper price, despite the fact that CAML has very low production costs? Anyone else have any thoughts?

[kam5lc] 19/11/2014 18:33

Can anyone explain the big sells that have been going on recently? No rns showing.

[morph7] 16/11/2014 20:45

Good point Daniel!

[danieldruff2] 13/11/2014 12:21

More interested in the Copper Bay JORC which was promised for this quarter!

[morph7] 12/11/2014 20:36

Does anyone have an estimate on the impact regarding the favorable U.S. $ at the moment?
What with a lot of companies reporting "currency headwinds" responsible for some profit downgrades, it stands to reason that the present currency climate is beneficial to all who sail in CAML.

[morph7] 04/10/2014 20:19

Central Asia Metals (LON:CAML)‘s stock had its “buy” rating reiterated by research analysts at FinnCap in a report released on Friday. They currently have a GBX 286 ($4.65) target price on the stock. FinnCap’s price objective would indicate a potential upside of 69.71% from the company’s current price.
Shares of Central Asia Metals (LON:CAML) opened at 168.1413 on Friday. Central Asia Metals has a 1-year low of GBX 134.75 and a 1-year high of GBX 190.00. The stock has a 50-day moving average of GBX 168.9 and a 200-day moving average of GBX 167.7.
The company also recently declared a dividend, which is scheduled for Friday, October 31st. Shareholders of record on Thursday, October 9th will be given a dividend of GBX 5 ($0.08) per share. This represents a yield of 2.87%. The ex-dividend date of this dividend is Thursday, October 9th.
A number of other analysts have also recently weighed in on CAML. Analysts at WH Ireland reiterated a “buy” rating on shares of Central Asia Metals in a research note on Friday, September 26th. They now have a GBX 205 ($3.33) price target on the stock. Separately, analysts at Investec cut their price target on shares of Central Asia Metals from GBX 243 ($3.95) to GBX 241 ($3.91) in a research note on Thursday, September 25th. They now have a “buy” rating on the stock. Finally, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Central Asia Metals in a research note on Thursday, September 25th. They now have a GBX 190 ($3.09) price target on the stock. Five equities research analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and an average price target of GBX 241.60 ($3.92).
Central Asia Metals Plc (LON:CAML), formerly Central Asia Metals Limited, is a mining exploration and development company.