Anglo Asian Mining Dividends - AAZ

Anglo Asian Mining Dividends - AAZ

Stock Name Stock Symbol Market Stock Type
Anglo Asian Mining Plc AAZ London Ordinary Share
  Price Change Price Change % Stock Price Last Trade
1.00 1.2% 84.50 08:22:38
Open Price Low Price High Price Close Price Previous Close
83.50 83.50 84.50 84.50 83.50
more quote information »
Industry Sector

Anglo Asian Mining AAZ Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount

Top Dividend Posts

Top Posts
Posted at 29/11/2022 13:43 by wanobi
welcome Dpt,, tricky one to answer as you can see from the results of the odsjp competition this year,,,, link below,,, it's been a tough one!!!

however, I guess the obvious one to start with would be AAZ as a lot here and on the main AAZ thread, brilliantly run by Mj for many years,,, (link below,,,) have a holding, or have had a holding in the past, or are at least aware of them :-)

some great posters there and here :-)

you'll have to make up your own mind to invest or not as none of us make recommendations, tips, sure-bets,,, give investment advice etc etc,,, we voice our opinions,,,, post research, fears, hopes and so on,,, but accept that at the end of the day we all make our own decisions, our own mistakes,,, but hopefully feel more comfortable in doing so with further knowledge than we might have if doing so alone,,, perhaps :-) :-)

feel free to ask questions,,,, and in regard to AAZ,,, most importantly, ask them on the main AAZ thread where there are some very experienced guys with detailed knowledge and personal contacts with AAZ management etc... 3 of them have visited the mines!!!

we all wish you the very best of luck :-)

Wan :-)

Posted at 17/11/2022 21:31 by mattjos
In addition to the Bed'n'ISA route, you can use the 'Put Through' method.

Here is an example:

Let's say you have already used your full £20k Bed'n'ISA and Bed'n'Spouse options for the year.
You receive an AAZ dividend onto your ISA and still have more shares in your Trading Account that you wish to get into your ISA.

You can call your platform provider to do a phone trade as follows:

Use the Dividend Cash in your ISA (or your SIPP) to buy the shares from your own Trading Account and put them through into your ISA/SIPP.

You can do the deal at the 'low' price ie. at the Bid.

Two trading days later, you'll have the cash in your Trading Account and the shares in your ISA/SIPP.

You might then consider to use that cash again. Take it into your bank account and then put into your SIPP (gaining a minimum of 20% from the govt. in the process) & then you can do another 'Put Trough' trade and get the equivalent cash value (+20%) of AAZ shares out of your Trading A/C and into your SIPP.
Rinse and repeat this process until you have hit your max SIPP contribution level for the Tax Year.
Each time you repeat, the Cash sum grows by 20%.

Posted at 17/11/2022 20:25 by bozzy_s
^ Agree with all 3 posts above. Mattjos explained how to do a Bed & ISA when I first bought AAZ. 4 years used so far, and probably another 2 or 3 years to move all my shares into my ISA. Really appreciated that advice.

LLB - yes with inflation so high, and pay rise demands being so high, freezing the tax thresholds / personal allowance has a bigger-than-usual effect.

Katsy - I'm one of those small businesses. Was VAT registered just over 10 years ago, and quarterly returns were really straightforward. The registration threshold was around £75k I think. Deregistered about 6 years ago. Had to re-register this year, having crept above £85k and have eBay threaten to suspend my selling account if I didn't provide a VAT number - so they're in collusion with HMRC (possibly a good thing, but doesn't allow for temporarily going above the limit as I had). Had the registration threshold risen normally I'd have been ok. And I now need to subscribe to Sage or some other third party who'll most probably leak my personal details, in order to submit my VAT returns (Making Tax Digital rubbish). It's waaaaaay worse than 10 years ago.

Edit - forgot to mention the bloody 'B' word which happened under the Tories. Lost about 10-15% of my business on the day 'actual' Brexit happened, when eBay EU customers had VAT added to any item listed in the UK. All my EU customers were consumers, so it's now cheaper for them to buy from other EU countries.

Back to AAZ. As Matt says, if you haven't already, put your shares into an ISA or SIPP. Should be safe from the taxman for a few years. Hopefully long enough for AAZ to reach mid-tier status :)

Posted at 15/11/2022 08:25 by katsy
Great set of results over at DX.


DX (DX): CORP Investment driving high service levels and growth DX has reported a strong set of FY 2022 results, driven by sales up +12% (improving during the year with H1: +11%, H2: +13%), operating margins rising from 4.4% to 5.9% and adj. EPS rising +42%. The investment in infrastructure, systems and staff is paying off, supporting high service levels and market share gains. Management has reiterated the Group is well positioned to achieve its growth objectives despite current economic headwinds, the target operating margin remains 7.5-10% (FY 2022 5.9%) and the target FY 2023 dividend is 1.5p (marking a return to the dividend list). With net cash of £27m, a FY 2023 free cash flow yield of 12.6% and dividend yield of 6.0%, we reiterate our target price of 57p (+128% upside).

Posted at 09/11/2022 12:41 by wanobi
looks like all the AAZ divi's have now been reinvested (in AAZ) by those who chose to :-)

Wan :-)

Posted at 07/11/2022 18:54 by riggerbeautz
AML volume interests me, will probably just watch that one out of interest, can’t see what’s spiked it other than feel good for some reason.
Hopefully your chart musings for AAZ come true, I completed my favourite exercise this afternoon and worked out my AAZ holdings after this dividends and a couple of small top ups; down to under my first purchase price now, so well pleased :)

Posted at 05/11/2022 11:51 by 2sporrans
Great find bleepy.

Thanks for posting.

So, it ends up that ore sorters* are going to substantially enhance productivity of copper concentrate production going forward.
*Expect AAZ will buy more than 1, in time.

These test results prove the reported efficacy wrt the main open pit feed into flotation process.
Well, come Zafer [asap in 2023 please], similar productivity enhancement will be realised as the copper-gold {and zinc] ore is very similar to that coming out of the main pit recently. Zafer is very much a substitute for the main pit as it exhausts.

Looking further ahead, this and other judicious research/trialing/investments made by AAZ will be put to work during the expansion phase into mid-tier copper [copper-gold, zinc, moly......] production.
AAZ can continue to be a relatively efficient producer and wring the best margin from whatever it extracts.

Ironic that when the sorter first arrived, the concensus was that the main benefit was going to be wrt gold production, especially for the higher grades.
Who thought the main benefit would be for copper/flotation production?
As the future will increasingly become copper based, this news most pertinent and very welcome.

Your post is just the calibre that makes close attention to this bb worthwhile.

Would be good if AAZ issued an RNS with this report attached and prefaced with
a neat summary.
But will they?

edit: wrote this just after Matt posted and before LLB and your reply, so forgive repetition of observations :0)

Posted at 05/11/2022 09:48 by 2sporrans

Why do you persist with your self congratulations?
Very few 'buy' them anyway; as you yourself acknowledge.

Loads of other investors posting here pared down holdings or sold out entirely when the share price was above 160p or 140p....whatever.
In contrast to yourself, they mostly did so quietly or if they posted about it, generally gave their sensible reasons and left it there.

Did they return later to bore us with their wiseacre-mockery and gloating?
Almost without exception, no.

Further, not a few of those who reduced/departed, really did understand the weaknesses and risks for AAZ going forward, when they sold.
They understood that, as the existing mines, especially the main open pit, were gradually depleting and hence the gold grades in decline, that the main challenge for AAZ was to bring on new extensions [underground] and - better still - new mines, sooner rather than later.
They sized up this challenge and deemed it daunting.
It has been the limited success [thus far] with bringing on new production that has been the main reason for the falling share price over the past 2+1/2 years.
Gedabek underground has greatly disappointed.
Avshancli-1 turned out a dud.
The period of transition has been protracted.

Further, 'the market' attributes little present value to the potential game changers here, most notably Garadagh-Xarxar and Demirli.

If you understood/foresaw the above, you did not advise us of your insight, when you sold.
Your main reason was because you did not like the Conroy JV; so you told us.
I've gone into this in a little more detail further down.

For sure, there were also 3 main spikes over past few years [above 170p] when the shares were overbought; the most recent one inspired by the realisation in early 2021, that the Az. liberation of most of Zod/Sotk [the largest gold mine in the S. Caucasus] might be a game changer. [Well, it has been, albeit indirectly].

Did you sell off on that latter spike to 180p?
I don't believe so.

And there has been a heightened perception of 'political' risk the past few years for obvious reasons. Hence a discount for that.
Stuff like metal prices and general risk asset [miners-equities] appetite, be they cyclical or 'structural' apply to all the gold or gold copper miners.
Whatever, did you anticipate those with brilliant insight?
Seems not.
Your portfolio seems to be concentrated [exclusively?] in smaller pm miners.
Have you e.g. made a bundle from energy stocks [or anything else] to compensate?

When you sold off [around 140p], your main reason, so you told us, was because you reckoned the mgt. had made a bad error in going into partnership with Conroy.
You had invested there previously and sold out at a loss, realising that the Prof. was a bs merchant.
You saw AAZ as being very distracted by their endeavors in Ireland.

While you read that well, this was a side-show affair and AAZ backed out without much consequence.

All in all, please spare us your tips; but if you have some information/insights on AAZ not already posted by others, please share.

Posted at 01/11/2022 12:36 by wanobi
aha,, yes,,,, AAZ divi to be paid on 3 November 2022,, nice one, cheers Wan :-)
Posted at 09/10/2022 21:26 by mattjos
Indeed gutterhead:" An interim dividend, in respect of the year ending 31 December 2022, of US 4 cents per ordinary share will be paid gross on 3 November 2022 to shareholders that are on the shareholders record at the record date of 30 September 2022. The shares will go ex-dividend on 29 September 2022. All dividends will be paid in cash.The dividend will be payable in pounds sterling. The dividend will be converted to pounds sterling using the average of the sterling closing mid-price using the exchange rate published by the Bank of England at 16:00 BST each day from the 3 to 7 October 2022."
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