Anglo Asian Mining Share Discussion Threads

[ilostthelot] 27/5/2020 08:48

You reckon they're good for a recovery rigger? Quite some downtrend for a long time.

[riggerbeautz] 27/5/2020 08:44

Been tucking into AA. reckon it’s going to be a gradual rise now, not sitting on the sidel8nes any longer. Now got a decent chunk around 24p.

[wanobi] 27/5/2020 08:33

it looks bigger on the IG charts, but it's still there as far as I can see,,, maybe others have better software than I,,, for sure they probably do :-) Cheers Wan :-)


free stock charts from uk.advfn.com

[laurence llewelyn binliner] 27/5/2020 08:32

#Doc_oj, hunting yields has become more difficult at Q1 with some notable casualties, and Q2 results are going to be worse for sure on profits and their corresponding dividends, the sustainable increasing dividend payout here is getting more attractive as the share price weakens, but if you can get 6/7% from a UK blue chip in telecoms or utilities, or 5% from a Gold digger in Azerbaijan with only a short license to operate and a reviewable PSA potentially impacting profits over time it becomes more to think about when adding..

But the advantage of not having a road map to mid tier is we will not be needing to spend hundreds of Millions on new plant, so cash can quietly build, dividend cover increases and payouts can grow.. :o)

[jbe81] 27/5/2020 08:24

So there is still a gap to close at 4d? Other posters saying it closed? Whats the supply like Bumpa, can't be many left?

[wanobi] 27/5/2020 08:21

I posted it on here yesterday MrR, but, the IG chart is the best place to see it :-) Cheers Wan :-)

[mr roper] 27/5/2020 08:14

Wan, looks to me the 4d gap closed yesterday, have you got a chart showing it open?

[donald pond] 27/5/2020 08:12

I think POG results are really good looking forward and so have added just now

[wanobi] 27/5/2020 08:06

4D should easily close that massive GAP today :-),,, there you go GAP watchers :-) Cheers Wan :-)

[2sporrans] 27/5/2020 07:56

Of those listed by Baddeal, I'd only back GSK to hold their divi. let alone grow it.
BP no way; expect LGEN's pensions arm will drag them down; EMG: brokerage and investment banking, maybe hold but i b shakey?

There's better offerings in the Ftse 250; a few niche REITs for example may keep up 5%+ divis, 6% even. Like in warehouses or care homes/hospices/hospitals which are mostly state/NHS funded.

You're better off with IT's or maybe an ETF in the Asian income sector imho.
Asian companies have grown divi payouts at about twice the rate of UK over recent years and the well managed funds keep large reserves of cash to cover down years, hence some that were around during the Asian debt crisis did not cut even then.

But, anyway, AAZ still shines brightly in terms of both its divi cover and prospects for further rises.
I wouldn't count out another 0.5c on the interim divii come October.
Yeah, the FY this year is 35% of 2019 net cashflow, well above the 25% guidence.
But 2019 was very much a dip year for n c; this year is shaping up way better.
The POG and No more debt repayments to take a bite out of the n c.

[donald pond] 27/5/2020 07:50

surprised no reduction of debt at POG though
closed my POG bet yesterday but still hold shares,some from 9p from last December, others from about £4 a decade ago (it was my financial adviser wot bought those)
See PHC and AMC issuing shares

[wimbled] 27/5/2020 07:36

POG results out.

Looking very tasty.

2020 qtr gold production up by 73%
Target 2020 production 720koz. Production increase circa 40% on 2019

Happy days.

[wanobi] 27/5/2020 07:33

TXP - new $20m term loan agreed :-) good me thinks...

POG - numbers,,, no idea,,, over to you KS, cheers Wan :-)

Cheers
Wan :-)

[gutterhead] 27/5/2020 07:31

Agree. Some may pay slightly more % div but Stalwart div players dont exist atm, they’ve been dropping like flies.
And they don’t have the growth potential

[wanobi] 27/5/2020 07:31

Good morning all, Good luck and good health today :-) Cheers Wan :-)

[bumpa33] 27/5/2020 07:20

Morning. Placings at PXC, AMC, PYC. EUA get their Nomad, but remain suspended pending clarification of CITIC relationship/role.

Edit: going to be v interesting when that one comes back.

[gold finger 1] 27/5/2020 07:16

Those are paying a divi now, lets see in a few months.
The only thing thats going to stop a divi being paid here is the mines closing because of covid. Well as most countries are now opening up not closing down i don't see that as a worry.
Gold could also drop a lot and that wouldn't make any difference either.

On another point that was discussed here, adding shares to increase liquidity.
Well just remember that every share added not only dilutes you one way. it would dilute the divi also

[oakey1] 27/5/2020 07:15

Someone mentioned dividends...I hold GLO which is a good divi payer 8% at my buy price (142)....take a look

[baddeal] 27/5/2020 00:38

Doc BP. EMG GSK LGEN all currently c5% or above. BP won't last though the others probably stand a better chance imorDSb cut but should still be c4% when price settles and they'll increase as soon as cash flows allow given importance to income funds and mcap

[doc_oj] 26/5/2020 23:51

@llb: whilst I get the jist of your post and agree with it somewhat, I'm interested in knowing which blue chips are paying over 5% currently.
Thanks in advance

[skeptic1] 26/5/2020 22:15

Think he's been in a while going on previous comments. Comes to something when Twitter is the best promo for a company!

[mad foetus] 26/5/2020 21:51

I see from Twitter that miserly investor bought here today. He's no mug.

[laurence llewelyn binliner] 26/5/2020 19:34

Interesting discussion around EV, NAV, PE, MCAP, IRR, they are all different value measures, but best not to use any in isolation for decision making.. :o)

Cracking recent LOM updates, but without a PSA extension and the permit to mid tier 250KOz growth road map and share price driver I can see how/why the share price is drifting, I can also see it drifting some more too and settling at around a price where the dividend looks a stronger return, which is lower than the price today, perhaps around 6/7% at 100p..?, perhaps the share price will consolidate first then trickle up in parallel with the cash accumulation and further strengthening POG to come..

A safe steady USD0.08/GBP0.065 and 5% is good but it is not great, and for investors looking for returns there are blue chips paying more today, and you would not pay 175p for a 3.5% return..,

The BOD have done a fantastic job getting AAZ to where it is today, and with great resources to bring on stream next as depleted mines expire, but I can also understand that after a decade of stress and aggravation, you would want to just crank the handle on what you have built, reap the steady state rewards, and leave the stress to the juniors without making it any bigger or more complex..!

[wanobi] 26/5/2020 17:43

copied from CC on the main AAZ thread, many thanx CC, brilliant and well worth reading :-) many thanx CC,,, cheers Wan :-)