Kaz Minerals Share Discussion Threads

[manics] 18/3/2017 07:25

Good wrap on current state of play.

[losses] 18/3/2017 06:31

Ken... that's why I'm still in but just reminding myself the correction can happen anytime soon. I'm definitely expecting one in the summer...

[kenmitch] 17/3/2017 20:40

Losses.

Agree re markets toppy. A chance though that Mining sector might not join in. Mining sector bear market up to this time last year was while markets in general doing quite well.

[teamwork1] 17/3/2017 16:31

Fingers crossed

[manics] 17/3/2017 16:26

Hot money has rotated as both commods and KAZ (more pronounced) took a dip. Runway should now be cleared for a leg up imo.

[dhull01] 17/3/2017 15:58

True, but if you DYOR, factor in variables and exclude what everybody else say you will be better informed for a decision. Impulse buying is never a good idea.

[losses] 17/3/2017 15:48

Personally, when everyone is rosey then it's time to be cautious.

[dhull01] 17/3/2017 15:34

A little bit of consolidation today I would expect. Things are lonoking rosey for now and I would expect a boost again next week. There is a lot more confidence in the market at the moment and people are dipping in. The suns starting to come out in the northern hemisphere which promotes good emotions and less anxiety. This leads to an increase in the money pot. GLA

[manics] 17/3/2017 15:01

Cu looking much better after this morning-KAZ shrugging that off at the moment.

[losses] 17/3/2017 11:45

I managed another top up st 455 and 515 today.

[rampant_bull] 17/3/2017 11:16

Holding up well, topped up with some more. As I missed the gap from 4.50 to 5.20 I am now not selling until £8

[manics] 17/3/2017 07:47

Cu isn't travelling in a supportive direction this morning so likely consolidation after yesterdays rise.

[mr.oz] 17/3/2017 07:45

KAZ has surprised to the upside on a Friday before.
Once I think. :-)

[fook yu] 17/3/2017 07:05

Would be nice if marked UP 17% again today. I will run 08:00:00001

[losses] 16/3/2017 12:58

Guys market correction is inevitable so be careful..I reckon DOW will correct around 21800-22000... could go back to 18k or even 14600... if this happens everything will fall back...Still holding here after adding more at 455 but getting wary of the toppy markets.

[panic investor] 16/3/2017 12:04

You should have been here at 8:02 !

[topazfrenzy] 16/3/2017 11:55

£8 to £9 here this year, keep adding on dips IMO, I just did. Amazing to switch on the computer today and see this rise!

[al h] 16/3/2017 11:19

Nice opening gap and reversal setup ... well rigged monkey scum ... back down it goes

[smurfy2001] 16/3/2017 10:32

Wonder if there will be consolidation in the mining sector?

Indian mining billionaire launches £2bn raid on Anglo American

Agarwal family trust attempts to acquire stake of as much as 12%

[3rd eye] 16/3/2017 10:07

KAZ Minerals PLC 20.3% Potential Upside Indicated by JP Morgan Cazenove
Posted by: Amilia Stone 16th March 2017

KAZ Minerals PLC using EPIC/TICKER code LON:KAZ had its stock rating noted as ‘Upgrades̵7; with the recommendation being set at ‘OVERWEIGHT217; today by analysts at JP Morgan Cazenove. KAZ Minerals PLC are listed in the Basic Materials sector within UK Main Market. JP Morgan Cazenove have set a target price of 580 GBX on its stock. This would imply the analyst believes there is now a potential upside of 20.3% from today’s opening price of 482.3 GBX. Over the last 30 and 90 trading days the company share price has decreased 109.7 points and increased 102.2 points respectively.

KAZ Minerals PLC LON:KAZ has a 50 day moving average of 500.30 GBX and a 200 Day Moving Average share price is recorded at 307.06 GBX. The 52 week high for the share price is currently at 610 GBX while the 52 week low for the stock is 115.84 GBX. There are currently 444,901,817 shares in issue with the average daily volume traded being 3,099,342. Market capitalisation for LON:KAZ is £2,164,803,201 GBP.

KAZ Minerals PLC is an investment holding company principally engaged in mining businesses. The Company operates through three segments. East Region Operations segment is mainly engaged in the mining, processing, marketing and sales of copper and other metals.

[losses] 16/3/2017 09:56

I want 600 today!!!

[umitw] 16/3/2017 09:55

BUZZ-JPM most bullish on Aluminium; upgrades Norsk Hydro, Kaz16 March 2017 09:08* JPM upgrades Kaz Minerals and Norsk Hydro to "overweight", cuts Boliden to "neutral"* Kaz jumps 8.2 pct and is set for best day in 13 mths; Norsk Hydro rises 3.5 pct to 8 year high -- stocks also boosted by a sharp fall in USD after Fed signals more gradual pace of monetary tightening* JPM, which on Monday raised European mining sector to "overweight", says its most bullish on Aluminium and most bearish on Nickel* "The biggest change in our view is for aluminium, where we forecast the market in deficit from 2018"* JPM sees scope for earnings upgrades at Norsk Hydro to continue to support the share price as it expects aluminium prices to increase 8-25% this yr* Cites Kaz upgrade to recent share price pullback and diminishing balance sheet and project risks* JPM recommends taking profit on Boliden; retains "underweight" rating on Antofagasta and remains "overweight" on Randgold Resources

[umitw] 16/3/2017 09:49

If Cu is up 30%, KAZ share price will probably be up 30% as well from this level imv! -:)

[manics] 16/3/2017 09:38

It would take a strong performance in Cu to deliver I agree. We might well see that (though a doubling...?). Cu has gone nowhere in 11 years, and is forecast to be in deficit. Supply issues. Demand increasing. Perfect storm?

There's still very good money to be made here imo. Even crazy Cramer says Cu is about to put in a strong bull move...

Hot money sniffing around once again as we have seen this morning.