Share Name Share Symbol Market Type Share ISIN Share Description
Kazakhmys Plc LSE:KAZ London Ordinary Share GB00B0HZPV38 ORD 20P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.80p +0.30% 267.90p 266.70p 267.30p 268.00p 263.30p 267.10p 1,103,779 16:35:23
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 451.3 8.1 -2.0 - 1,196.65

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Date Time Title Posts
24/2/201108:16*** Kazakhmys ***3
05/2/201014:54KAZAKHMYS - 2006119

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Kazakhmys (KAZ) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
21/10/2016 17:10:32267.883,1838,526.62NT
21/10/2016 16:59:14266.322,6056,937.70OT
21/10/2016 16:59:14266.326891,834.96OT
21/10/2016 16:51:54266.70821.34NT
21/10/2016 16:51:54266.732977.35NT
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Kazakhmys Daily Update: Kazakhmys Plc is listed in the Mining sector of the London Stock Exchange with ticker KAZ. The last closing price for Kazakhmys was 267.10p.
Kazakhmys Plc has a 4 week average price of 241.09p and a 12 week average price of 200.09p.
The 1 year high share price is 274.60p while the 1 year low share price is currently 75p.
There are currently 446,677,203 shares in issue and the average daily traded volume is 1,446,437 shares. The market capitalisation of Kazakhmys Plc is £1,196,648,226.84.
seball: Copper price really gaining traction now. Expect Kaz share price to follow as increased production and lower costs are expected over coming months ahead.
seball: With a rebound in copper price, Kaz share price has not reacted as strongly as other miners. Expecting this to rise quickly as share price plays catch up.
shahi1: Kaz share price was more than Glen's only a few trading days ago...what has changed so much in the space of a few days that has Kaz trailing Glen by nearly 20%? ffs
bobsidian: It was impressive to see the KAZ share price driven up to hit £1.50 on Friday - a level at which there may be, from a technical perspective, some near term resistance. Eyes will no doubt be upon the price of copper. Its chart suggests it may be about to make a sustained move higher. Were that to come to pass then the share price of KAZ may continue its recovery. It was surprising to see the mining index drive up through its August and September trading highs on Friday. But then look back at October 2008. Then the mining index rebounded in excess of 50% from its low before reversing all the way back down in November 2008. If history is to be a guide then the move higher in the mining index may still have some further upside beyond its 30%+ recovery since its September low. Subsequent to the announcements out of GLEN over the course of the last couple of weeks, I do suspect that there may be some newsflow to come out of BLT and RIO surrounding the possibility of scaling back some of its mining operations. And I also have a suspicion at least one significant mining entity which underwent debt covenant testing at the end of September may announce a technical breach of the same in the near future. Some thought VED would be the entity to make such an announcement. But on Friday its management announced that they were confident it would pass any such testing. But I do agree it seems "criminal" the way the share price of KAZ was driven down - particularly given that the testing of its main debt covenants had been suspended and that the next testing of its export facility covenant was scheduled for the end of June 2016.
mj19: The resources sector is a ‘sea of red’ today, with the prices of a number of oil, gas and mining companies falling heavily. For example, KAZ Minerals (LSE: KAZ) is currently down by over 20% as fears surrounding Chinese demand for copper and other metals have caused investor sentiment to worsen. And it would be of little surprise if the company’s share price — and the wider sector’s valuation — continued to come under pressure in the short run, as the global growth outlook remains highly uncertain. However, KAZ Minerals remains a relatively attractive company for the long term. The copper price has, of course, been hit hard in recent years but, with supply likely to be reduced across the industry as higher cost mines are closed, the price of copper could realistically stabilise and even begin to recover over the medium term. In fact, KAZ Minerals is due to move from a loss-making position to a profitable one next year. Certainly, its pre-tax profit forecast of £4m for 2016 is rather puny compared to the £1.6bn it generated in 2011, but it could be enough to improve investor sentiment and push the company’s share price considerably higher. Furthermore, with KAZ having an appealing asset base and trading on a price to book value (P/B) ratio of just 0.5, capital gains are very much on the cards over the medium to long term KAZ Minerals PLC 15.1% Potential Upside Indicated by Goldman Sachs Posted by: Amilia Stone 24th September 2015 KAZ Minerals PLC using EPIC/TICKER code LON:KAZ had its stock rating noted as ‘Upgrades̵7; with the recommendation being set at ‘NEUTRAL’; this morning by analysts at Goldman Sachs. KAZ Minerals PLC are listed in the Basic Materials sector within UK Main Market. Goldman Sachs have set their target price at 130 GBX on its stock. This now indicates the analyst believes there is a possible upside of 15.1% from the opening price of 112.9 GBX. Over the last 30 and 90 trading days the company share price has decreased 45.5 points and decreased 131.6 points respectively. KAZ Minerals PLC LON:KAZ has a 50 day moving average of 167.86 GBX and a 200 day moving average of 218.76 GBX. The 52 week high share price is 282.5 GBX while the 52 week low for the stock is 103.61 GBX. There are currently 505,538,987 shares in issue with the average daily volume traded being 3,052,327. Market capitalisation for LON:KAZ is £483,685,635 GBP. KAZ Minerals PLC (LON: KAZ) has recently received a number of price target changes and ratings updates: 9/23/2015 – KAZ Minerals PLC had its price target lowered by analysts at HSBC from GBX 350 ($5.43) to GBX 220 ($3.42). They now have a “buy” rating on the stock. 9/22/2015 – KAZ Minerals PLC was downgraded by analysts at Credit Suisse to a “neutral”; rating. They now have a GBX 150 ($2.33) price target on the stock, down previously from GBX 235 ($3.65).
bam bam rubble: KAZ share price performance 2011 -40% 2012 -20% 2013 -72% 2014 +18% 2015 -60% averaging -35% a year isn't too bad, one of the better performers among the miners
bobsidian: fhealey KAZ is at such a depressed valuation that it is now less about short selling activity and more about when fund managers view KAZ as being compelling value. Fund managers would be quite delighted to see KAZ trading at around the £1.50 share price level. They are not about to interfere with the short selling process any sooner than they believe is necessary. KAZ has moved to address most of its funding concerns. But the financial results for the full year will make for horrendous reading when they are released. No doubt the share price will plummet on the day of their release only to stage a "miraculous" intraday recovery. The only situation which would stop such a reaction is if the KAZ share price is driven down in advance of the release of the results thereby effectively pricing in the equivalent of a results day intraday crash.
kenmitch: bobsidian. Agree strongly with your analysis in post 6720. The key plus points and the reason I still hold the shares are the fact that after a huge fall in the share price a lot of the bad news is priced in. Also as you say KAZ is a geared play on the price of copper which is currently very depressed and not helped by recent OECD comment on prospects for world growth. BUT the time to invest is when gloom is at its maximum and the share price is reflecting that. When sentiment turns and demand for copper and other metals pick up, upside for the sector looks very large. After all Mining shares have had a terrible two years and have been the worst performing sector during that time while so much else has been going up. That will change at some point and though higher quality shares like Rio are the safer way of playing it, upside for shares like KAZ could well be a lot higher. Meanwhile the KAZ share price could continue to drift lower and there is no rush to get in or top up. Comments like "get in now while you can guys" without facts and figures to back up the "advice" are best treated with a pinch of salt. Such comments tell us more about the poster than about prospects for KAZ.
temmujin: Sat 14:12DontheBishopRE: Could someone explain pls?246.80No Opinion Zunait - I agree, this share would appear to be undervalued based on the balance sheet. If you look at the fall off of the other big miners over the last 2-3 years, the drop off in KAZ has been far greater. I understand KAZ is being shorted by some of the funds at the moment. Once these short sellers exit, this should see an upturn in the share price as they buy back their shares, which in turn should see other buyers return to KAZ - a double whammy! (I am hoping so anyway). Weir was the most shorted stock on the FTSE last year. It took a while for the shares to recover, but once they did the rebound was impressive. I had thought the de-listing of and dis-association with ENRC would cause a rebound in KAZ's shares. Nothing yet, but hopefully we will see some movement over the next few months. That's not to say the share price will dip lower first, but over the mid to long term I would think that the KAZ share price will recover. Just my own opinion. DYOR etcFri 14:13vince1RE: Could someone explain pls?245.30Buy they still have around 250 mill of debt although greatly reduced, wait till nov 25 then should see a difference a poosible bid at these levelsFri 11:41ZunaitCould someone explain pls?247.00No Opinion Kaz received 800 mill from enrc that means there debt is almost zero so y is the market cap only 1.2 bill I'm sure there power plant and mines are worth a couple of billion it should be trading in between 450 to 550 waiting for the next leg up
kenmitch: Losses. That write down is probably mostly in the share price now, so even a low priced bid shouldn't hit the KAZ share price hard as the market is assuming a very low bid around 260p. As pointed out by Danny Forston in The Sunday Times recently, if the bid goes through KAZ will pocket about £590 million in (much needed) cash. KAZ will also get 77 million of its own shares which KAZ would cancel, bringing in another £250 million, making KAZ £840 million better off. Also pointed out was the news last February that KAZ is in talks about disposing of its 50% stake in Kazakhstan's largest power plant. Estimates of its value go from £750 million to £1.2 billion. Even the lower figure would see KAZ get around £1.6 billion in cash and shares uplift in the next few months. Compare that with the current market cap of £1.7 billion. And there is still a slight chance that the ENRC bid will be higher than 260p. So if both these go through the upside looks very large. And that's before taking in to account that the whole sector has had a terrible time and that won't last for ever. Even a sniff of better news from China and the sector could take off. The biggest problem imo would be if the bid for ENRC collapses as that could mean ENRC shares taking yet another hit and with KAZ then holding a stake in ENRC worth even less than now, so presumably the KAZ share price would then fall further as the market has certainly not priced in the bidders walking away. And if the power station sale doesn't go through either THEN there is considerable further downside potential for KAZ. So a nervous week ahead but given good news this week, and I reckon the ENRC bid going through at around 260p will be good news as long as the terms are as rumoured with quite a lot in cash. And the KAZ share price rising a lot might start straight away.
Kazakhmys share price data is direct from the London Stock Exchange
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