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CAML Central Asia Metals Plc

205.00
7.00 (3.54%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Central Asia Metals Plc CAML London Ordinary Share
  Price Change Price Change % Share Price Last Trade
7.00 3.54% 205.00 16:29:05
Open Price Low Price High Price Close Price Previous Close
205.00 199.20 207.00 205.00 198.00
more quote information »
Industry Sector
MINING

Central Asia Metals CAML Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
13/09/2023InterimGBP0.0928/09/202329/09/202320/10/2023
29/03/2023FinalGBP0.127/04/202328/04/202323/05/2023
14/09/2022InterimGBP0.129/09/202230/09/202221/10/2022
29/03/2022FinalGBP0.1205/05/202206/05/202230/05/2022
15/09/2021InterimGBP0.0830/09/202101/10/202122/10/2021
30/03/2021FinalGBP0.0829/04/202130/04/202125/05/2021
11/11/2020InterimGBP0.0619/11/202020/11/202011/12/2020
17/09/2019InterimGBP0.06503/10/201904/10/201925/10/2019

Top Dividend Posts

Top Posts
Posted at 25/3/2024 16:22 by jimmywilson612
I mean, some context hear will be useful:

CAML Market Cap Today; £344M
Amount Committed to Invested: £3M
Free Cash Flow: $57.5M
Cash in bank: $57M


I appreciate its not the location that 1st comes to mind when considering CAML, but its not exactly breaking the bank for them. Less than 1% Market Cap....
Posted at 25/3/2024 16:15 by bozzy_s
Or, to put it another way Zangdook, it's the difference between a 9p dividend and a 9.2p dividend over the next 4 years.

Immaterial.

A waste. But an immaterial amount.
Posted at 25/3/2024 13:07 by zangdook
It's the difference between a 9p dividend and a 10.7p dividend. But then there's the option to put in another £2m, and inevitably there will be more funding calls...
Posted at 25/3/2024 12:45 by bozzy_s
Happy with those results, especially given the low metal prices last year. This year should be better. Delighted with 9p final dividend.

Not expecting anything from the Aberdeen exploration, but it's not a material amount of money. More likely to find something in their own backyard in Kaz.

Well done CAML.
Posted at 25/3/2024 10:50 by podgyted
Yes a bit wierd.

It made me uncomfortable enough to move to the sidelines for now. Pondering what to do and giving the market some time to see what it thinks.

Not really the sort of thing I bought CAML for. I was looking for CAML to buy a working mine as its third leg to ultimately replace Kounrad - not sure about an E&D arm instead.
Posted at 15/3/2024 17:37 by rimau1
Post 5833 is a good explanation nearly summarised. Results shortly, copper up, institutions adding, prospective dividend yield of 9-10%For me - this fell too far so its just correcting.
Posted at 21/2/2024 13:08 by bozzy_s
arieljcohen - I'd put some of the weakness down to increased overheads / running costs. Fuel and salaries would've increased by over 10%, maybe closer to 20%, while the price of CAML's metal has fallen slightly.

For me it's just a short-term blip. Should still be profitable and cash generative. Will continue to pay a dividend - probably trimmed slightly. And they're definitely looking for an acquisition - Zangdook's link is an interview with the boss looking at opportunities in South Africa.

Wouldn't mind them taking a peek at SLP. They're a massively undervalued South African base metals miner. Similar situation to CAML - profitable, debt free, cashflow positive, paying dividends. But their shares are down 50% in the past year. Current market cap £140m. Maybe could be bought for £200m - £250m cash + debt + CAML shares?
Posted at 21/2/2024 10:21 by tag57
AC - the drop may have more to do with lead and zinc prices but commodities and value seems out of fashion at the moment so who knows.
CAML should still be producing decent cash flows but haven’t ran the numbers for 2023 to see if the divi is sustainable at current prices. Maybe someone else is keeping a better eye on CAML than I am and therefore already have the figures.
Posted at 22/11/2023 22:47 by bozzy_s
11% at today's price if the divi is unchanged, obviously. But 8.14% if it's cut to 14p. 9.3% if it's cut to 16p. Yes Garycook that'd be great. My 14p is conservative.

I'm saying don't read anything into historic dividend yields. It's a recipe for disaster! Look at the future payouts instead. CAML is a superb company, and a big divi payer - which is why I'm here. But it won't pay the same amount in dividends in 2024 as the past two years, due to falling profits.
Posted at 14/9/2023 11:55 by jimmywilson612
For the Dividend;
In 2022 They spent circa $30M on repayment of debt and $48M out in dividends. Now the company is debt free, they can afford to spend more on the dividend (or limit the reduction of the dividend) as they have $50M as cash on the balance sheet still, or circa 10% of the Market Cap is held as cash.

Whilst the policy states dividend to be kept 30-50% of FCF payout, its not like CAML are taking on debt, or significantly reducing their cash position to pay the dividend.

Clearly they'd like to take on further assets, and it's clear they're in the market to buy. They walked away from deals due to valuation.

Therefore I feel CAML are in a good position - the reducing commodity prices should, in time, relate to more realistic valuations for assets they acquire. In the meantime, if the deal doesn't stack up, then shareholders will hopefully be rewarded with the FCF being paid as a more generous dividend. I'd expect in time, the dividend to only reduce once they've found a target to go after. I don't see the point in reducing the dividend, for the cash only to sit on a balance sheet and not being used effectively.

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