Acacia Mining Share Discussion Threads

[sarkasm] 04/1/2018 14:14

Credit Agricole: opens a 'gap' above 14.06E.
Crédit Agricole (EU: ACA)
Intraday Chart of the Action

Today: Thursday 4 January 2018
More graphics from the Crédit Agricole Stock Exchange
(CercleFinance.com) -With the rise of long rates and 'minutes' of the FED, Credit Agricole opens a 'gap' above 14.06E and refracts strength 14.5E and quickly moves towards a test of the resistance zone of 14,75E (tested from May 15 to 25, 2017 and December 8 and 11 last.

[qs99] 03/1/2018 08:32

Also check out SHG the other quoted TNZ gold play, starting to turn and still moving North today....interesting it is moving as well as ACA, but IMO it looks way oversold and so the upside IMO is potentially more....DYOR and GLA

[florenceorbis] 01/1/2018 10:54

SYNTHESIS

The MACD is negative and below its signal line. This configuration degrades the outlook on the title. The RSI does not yet indicate an oversold so the further decline is technically possible. Below 20, the stochastics are extremely low. The traded volumes are below average volumes over the last 10 days.

MOVEMENTS AND LEVELS

The title is downward. It is below its 50-day moving average at 14.4 EUR. The 20-day moving average is below the 50-day moving average. Our first support is at 13.16 EUR, then at 12.91 EUR and the resistance is at 14.7 EUR, then at 14.96 EUR.
Last class: 13.8
Support: 13.16 / 12.91
Resistance: 14.7 / 14.96
Short term opinion: negative
Medium term opinion: negative

[parvez] 27/12/2017 08:53

Thanks, Enami. Let’s hope for something positive here as potential in Tanzania could be massive.

[florenceorbis] 27/12/2017 07:24

CREDIT AGRICOLE: Under resistance, consolidation is likely
TEC on 25/12/2017 at 08:07
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CREDIT AGRICOLE: Under resistance, consolidation is likely

SYNTHESIS

The MACD is negative and below its signal line. This configuration degrades the outlook on the title. The RSI does not yet indicate an oversold so the further decline is technically possible. Stochastic indicators do not give clear signals for the coming days. The traded volumes are below average volumes over the last 10 days.

MOVEMENTS AND LEVELS

The title is downward. It is below its 50-day moving average at 14.46 EUR. The 20-day moving average is below the 50-day moving average. Our first support is at 13.33 EUR, then at 12.88 EUR and the resistance is at 14.9 EUR, then at 15.12 EUR.
Last class: 14
Support: 13.33 / 12.88
Resistance: 14.9 / 15.12
Short term opinion: negative
Medium term opinion: negative

[sarkasm] 26/12/2017 08:46

Crédit Agricole SA announced Tuesday that it has finalized the acquisition of the 15% stake held by Natixis in Caceis, which it now controls 100% of the capital.

This transaction will be accretive to Crédit Agricole Group and Crédit Agricole SA results in 2018 and will have a negative impact of around -10 basis points on Crédit Agricole SA Group's non-phased CET1 ratio and -5 basis points over the ratio of the Crédit Agricole Group, underlines the mutual bank in a statement.

Natixis estimates in its statement that this transaction will have an impact on its CET1 ratio of approximately +12 bps and will result in the realization of a pre-tax gain of € 74 million which will be recorded in the accounts. fourth quarter 2017.

Caceis has approximately EUR 2.6 trillion in assets under custody, EUR 1.7 trillion in assets under management and is present in nine European countries.

[enami] 21/12/2017 13:14

Nope they are playing it close to their chest. The sale of non core assets yesterday gives some indication that they want to support their balance sheet and keep operations in TZ going.

Maybe when Barrick announce their next set of results they will update us.

Barrick Q4 and Year End report for last year was announced 15 February so I expect a similar timeframe.

[waldron] 20/12/2017 17:42

The Paris Bourse fell slightly Wednesday before the final adoption of the US tax reform. The CAC 40 closed down 0.6% to 5,352.77 points, driven in the red by a large majority of its values, while the SBF 120 yielded 0.5% to 4,276.50 points. Crédit Agricole SA ended down 0.8% to 14.16 euros after giving up paying a premium dividend to comply with the demands of European regulators. Societe Generale also lost 0.8% to 43.37 euros. At the top of the table, TechnipFMC managed to get 3.5% to 24.89 euros after winning a major contract in the Norwegian Sea and after a reduction in US oil stocks that supported the barrel prices. ([e-mail]) ed: ECH




(END) Dow Jones Newswires


December 20, 2017 12:05 ET (5:05 pm GMT)

[parvez] 20/12/2017 13:39

Does anyone have any news here?

[grupo] 20/12/2017 09:42

Credit Agricole SA (ACA.FR) said Wednesday that it will submit a proposal to its shareholders in regard to withdrawing its loyalty dividend scheme after the European Central Bank ordered it to remove its loyalty dividend bonus clause by Sept. 2018.

The withdrawal comes after the European Banking Authority ruled that payment of a loyalty dividend by Credit Agricole constituted a "preferential distribution" in breach of the capital-requirements regulation.

Credit Agricole said that the European Central Bank agreed with the ruling and ordered it to remove the clause. The French bank will submit a proposal on the removal of the clause to a general meeting of shareholders to be held on May 16, 2018.

Only 6% of ordinary shares are currently eligible for the loyalty dividend, representing an additional payout of EUR10 million in 2016, the bank said. A special meeting for shareholders entitled to the dividend will take place on April 4, 2018, it said.

Credit Agricole added that it was considering compensating the beneficiaries.



Write to Euan Conley at [e-mail]



(END) Dow Jones Newswires

December 20, 2017 02:07 ET (07:07 GMT)

[grupo] 20/12/2017 08:48

Crédit Agricole suspends its enhanced dividend mechanism
Crédit Agricole (EU: ACA)
Intraday Chart of the Action

Today: Wednesday 20 December 2017
More graphics from the Crédit Agricole Stock Exchange
(CercleFinance.com) - Crédit Agricole announces the suspension of its premium dividend mechanism in order to reward the loyalty of its shareholders, at the request of the European Central Bank (ECB) confirming an analysis of the European Banking Authority.

The latter has indeed considered that the payment of a dividend increased by the banking group to its shareholders constitutes a 'preferential distribution' that does not comply with the Capital Requirements Regulation.

Crédit Agricole will implement the ECB's request by proposing to the general meeting planned for May 16, 2018 the deletion of the statutory clause. The study of a compensatory measure for eligible shareholders is under way.

[florenceorbis] 18/12/2017 12:50

AGRICULTURAL CREDIT: Waiting for a test of the support
TEC the 18/12/2017 at 07:45
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AGRICULTURAL CREDIT: Waiting for a test of the support

SYNTHESIS

The MACD is negative, but it is above its signal line: the trend is changing. Now, the MACD must cross zero so that the rise will continue in the days to come. The main indicator of the strength of the movement (RSI) shows that the technical situation is quite healthy because there is no overbought. Stochastic indicators do not give clear signals for the coming days. The traded volumes are below average volumes over the last 10 days.

MOVEMENTS AND LEVELS

The title is downward. It is below its 50-day moving average at 14.55 EUR. The 20-day moving average is below the 50-day moving average. Our first support is at 13.69 EUR, then at 13.21 EUR and the resistance is at 15.4 EUR, then at 15.65 EUR.
Last class: 14.15
Support: 13.69 / 13.21
Resistance: 15.4 / 15.65
Short term opinion: positive
Medium term opinion: negative

[ariane] 13/12/2017 12:50

Negotiation between Crédit Agricole Payment Services and Wirecard

D.M. published on 13/12/2017 at 13h36
Negotiation between Crédit Agricole Payment Services and Wirecard
Photo credit © Crédit Agricole / Frédérique Thomas

(Boursier.com) - Crédit Agricole Payment Services and Wirecard announce that they have signed today a letter of intent to enter into exclusive negotiations with a view to concluding a partnership aimed at "proposing an innovative and differentiated service offer based on a technology performance in the area of electronic payment acceptance and acquisition ", explains the group. "The objective will be to launch a pan-European cross-channel and pan-European acceptance offer for French retailers and marketplaces in France and abroad." Capitalizing on the respective strengths of Crédit Agricole Payment Services and Wirecard, this partnership will enable both companies to develop in a rapidly changing market

[waldron] 11/12/2017 09:53

Crédit Agricole discusses partnership with Wirecard in electronic payment

A.B. published on 11/12/2017 at 10h03
Crédit Agricole discusses partnership with Wirecard in electronic payment
Photo credit © Crédit Agricole / Pierre Suze

(Boursier.com) - Crédit Agricole and Germany's Wirecard have started exclusive negotiations to set up a partnership in electronic payment, the two groups announced. The goal is to offer a complete solution to marketplaces and online merchants in France and abroad. The parties did not provide a timetable for their project.

[maywillow] 07/12/2017 07:14

(Boursier.com) - Crédit Agricole has made the decision to accelerate its role in the energy transition, setting new goals, detailed last night in a statement.

The bank will, for example, set up 100 billion euros of green financing by 2020 in the world, which amplifies its commitment to COP21, which reported 60 billion euros by 2018. These operations will be carried out by CA CIB via Green Bonds (bonds) and Green Loans (credits). In addition, its French network plans to double the level of financing for renewable energies, ensuring that one project out of three will be linked to this theme or to energy efficiency by 2020. The establishment has also committed to integrating the climate dimension to assess the risk profiles of its major customers and their projects.

Regarding the financing of polluting projects, a slightly clearer guideline has been set. Crédit Agricole now excludes "the least efficient hydrocarbons on an energy plan and the most impacting for the environment". The bank renounces all oil sands projects, all oil from the Arctic region (offshore and onshore), gas or oil shale whose operation causes excessive flaring or evaporation and infrastructure mainly dedicated to these exclusion sectors. In addition, the group is committed to offsetting all of its direct carbon footprint through 2040 through the Livelihoods Carbon Fund.

[qs99] 22/11/2017 14:19

great strength at mo, must be something bubbling in background, any body got a scooby? DYOR

[naithani] 22/11/2017 14:16

Finally over 200p barrier..

[qs99] 22/11/2017 12:06

through £2 shortly?

[qs99] 22/11/2017 09:20

interesting week so far, up a decent chunk?

[grupo] 22/11/2017 07:20

Crédit Agricole recapitalize BforBank

Anthony Bondain, published on the 22/11/2017 at 07h41
Crédit Agricole recapitalize BforBank

(Boursier.com) - Crédit Agricole will inject 120 million euros into its online bank BforBank, which is far from having fulfilled the objectives that had been set for its creation in 2009. The project "cringes in the regional banks ", write 'Les Echos', which owns 85% of the capital. Before the new capital increase, the green bank and its caisses had already invested 170 ME in the project. The National Union of Crédit Agricole (Sneca) proposes that BforBank go back to Crédit Agricole SA, which has the remaining 15%. The financial newspaper even quotes a statement from the Sneca of the Caisse Provence Côte d'Azur calling the local bank not to participate in the fundraising (1.9 ME up to its share) for this entity perceived as entering competition with certain activities of the caisses and whose objectives are constantly being pushed back.

BforBank currently has 180,000 accounts but hoped to have 250,000 by 2015. The slider was set at 350,000 in 2021, by which time the online bank wants to become profitable.