Share Name Share Symbol Market Type Share ISIN Share Description
Central Asia Metals LSE:CAML London Ordinary Share GB00B67KBV28 ORD USD0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +1.50p +0.71% 211.50p 210.00p 211.00p 212.00p 206.50p 208.50p 430,426 16:35:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 75.9 36.8 21.5 9.5 373.29

Central Asia Metals Share Discussion Threads

Showing 2476 to 2499 of 2500 messages
Chat Pages: 100  99  98  97  96  95  94  93  92  91  90  89  Older
DateSubjectAuthorDiscuss
13/11/2018
09:16
The real spread @ 0915hrs is 210 bid vs 210.44 Offer
eeza
13/11/2018
08:58
Noticed the spread widened this morning, on HL Sell:208.00p Buy:213.00, 5p spread. Can't recall seeing such a wide spread recently. I don't normally buy anything with a spread more than 1%. Have been an owner since 29/08/18 at 130p - one of my worst buy timings for a while! Holding with a sceptical eye on the chart.
mrtenpercent
11/11/2018
19:00
Copper related. https://www.telegraph.co.uk/business/2018/11/11/tory-peer-mr-copper-closes-red-kite-hedge-fund-shifts-staff/
eeza
11/11/2018
01:33
Just to let you all know that Central Asia Metals will be exhibiting and presenting at our MelloLondon investor event in Chiswick W4 next month. MelloLondon is a two day event and starts on Monday 26th November which is the day that CAML will be attending. You can find out more here... Http://melloevents.com/mello-london/ There will be 60 quality companies exhibiting and presenting plus some very well known investors, entrepreneurs, fund managers and market commentators providing excellent keynote talks on a range of investment subjects. A number of investment workshops will be available each day and a ShareSoc MasterClass on the final day.
davidosh
10/11/2018
23:03
Volkswagen intends to sell electric cars for less than 20,000 euros ($22,836) and protect German jobs by converting three factories to make the Tesla rival, a source familiar with the plans said. VW and other carmakers are struggling to adapt quickly enough to stringent rules introduced after the carmaker was found to have cheated diesel emissions tests, with its chief executive Herbert Diess warning last month that Germany's auto industry faces extinction. Plans for VW's electric car, known as "MEB entry" and with a production volume of 200,000 vehicles, are due to be discussed at a supervisory board meeting on Nov. 16, the source said, adding that it is also looking to roll out 100,000 of the "I.D. Aero," a mid-sized sedan. The Wolfsburg-based carmaker, which declined to comment on the plans, is also expected to discuss far-reaching alliances with battery cell manufacturer SK Innovation and rival Ford, the source said. VW's strategy shift comes as cities start to ban diesel engine vehicles, forcing carmakers to think of new ways to safeguard 600,000 German industrial jobs, of which 436,000 are at car companies and their suppliers...... Https://www.cnbc.com/2018/11/08/volkswagen-reportedly-planning-to-sell-electric-tesla-rival.html
3noddy
08/11/2018
19:04
All bodes very very well for electric future and copper.
coxsmn
08/11/2018
18:50
Tesla outselling Mercedes Benz in USA. hxxps://eu.usatoday.com/story/money/nation-now/2018/10/11/tesla-outsells-mercedes-benz-elon-musk/1598474002/
shieldbug
08/11/2018
18:14
Electric vehicle sales now represent over 8-percent of new car sales in Canada. hxxps://electrek.co/2018/11/07/tesla-model-3-ev-sales-canada-record Also, hxxps://www.cbc.ca/news/business/electric-car-ev-china-trade-1.4893737
coxsmn
08/11/2018
13:20
"TRAIN TERROR A runaway train operated by mining group BHP had to be derailed in Western Australia yesterday after it travelled 57 miles without a driver." The words "train terror" are completely false. No-one was on the train, apart from a lot of rocks. The rocks aren't capable of being terrified. However, what else can we expect from the Daily Heil? It looks like BHP is being sued over a mining disaster: "multi-billion-pound class action suit against BHP in Liverpool over the 2015 Samarco mine disaster in Brazil"
arf dysg
06/11/2018
21:00
BHP also being sued regarding a runaway train. https://www.dailymail.co.uk/money/markets/article-6355733/DAILY-BRIEFING-Runaway-train-operated-mining-group-BHP-derailed-Western-Australia.html
eeza
06/11/2018
20:45
In the Telegraph today "ANGLO-AUSTRALIAN mining company BHP Billiton is facing a multi-billion-pound lawsuit over the failure of the Samarco dam in Brazil in November 2015. The claim, which is one of the largest in British legal history, is being brought for damages on behalf of 240,000 individuals who were victims of the disaster."
coxsmn
03/11/2018
19:03
Stating the obvious, the lack of investment must drive the deficit up further thus increasing metal prices. Looking to 2019, we may see some rebalance (lets hope so). Otherwise, the investment / deficit will be further exacerbated over time and the spike up in resource prices will be greater.
zebbo
02/11/2018
01:44
Well, nice to have received the dividend a few days ago. Now to wait for the next one ;-) In the meantime, the CEO of ANTO, Iván Arriagada, recently indicated that the weakness in Cu prices is likely more short-term: "The physical copper market continues to look tight and the outlook for next year remains positive despite ongoing fears about disruptions to global trade. We have narrowed our copper production guidance for the full year to 705-725,000 tonnes and looking ahead we expect production in 2019 to increase to 750-790,000 tonnes, driven by higher average grades at Centinela Concentrates and Zaldívar." Https://uk.advfn.com/stock-market/london/antofagasta-ANTO/share-news/Antofagasta-PLC-Q3-2018-PRODUCTION-REPORT/78523705
lauders
01/11/2018
19:22
"Copper is required for the modern economy more than any other metal and especially for a cleaner and more sustainable world," said Arriagada."https://www.globalminingreview.com/mining/01112018/copper-required-for-the-modern-economy-more-than-any-other-metal/
coxsmn
30/10/2018
08:49
The Oil Industry this week largely set out its stall for next year with respect to the issue of desperately needed capital investment to avert a future supply crunch - its going to continue sitting on its hands, rebuild balance sheets and re-start or increase dividends. Something that's also likely to continue occurring across much of the copper sector until the copper price is driven up to a level which generates returns that justifies the extra risk. Sounds like it has taken the worst recession to hit these sectors for many decades to bring some collective sense to the management that run them - long may it continue. Big Oil Won’t Spend Despite Fat Profits - OilPrice.com hTTps://oilprice.com/Energy/Energy-General/Big-Oil-Wont-Spend-Despite-Fat-Profits.html
mount teide
30/10/2018
08:32
Some analysts on the basis of very short term dollar strength are saying that it is impacting oil and industrial metal pricing - they need to do a little research worthy of the name. When copper and oil bottomed in Q1/2016 after 6-8 years of falls, the dollar index (DXY) was higher than it is today - the DXY has averaged today's figure for the last three years, during which Copper is up 45% and oil 162% to date.
mount teide
29/10/2018
11:48
CAML is my largest holding by far, having bought higher up I have averaged down (which I don't normally do) based on recent presentations and the simple business model. Bear case for me rides on a couple of issues: 1. Sustained low commodity prices. I could sit tight and collect the dividends but there will be some opportunity cost if it bounces around between 210 p and 250 p for a long period of time. Personally I don't see this happening. 2. Political risk. We are seeing a lot of populist parties being elected who can win votes by land grabs. Again I see this as low (but not zero) risk. I know that the management team have invested heavily and take a lot of care with workers and local population. The odd ex politician on the board always helps. 3. Major mine accident causing shutdown. Not such a big deal with the tailings mine, but this could happen with the new one.
briggs1209
29/10/2018
10:43
Thank you, MT, for your analysis. I hold CAML and am very tempted to top up at this level. Anyone got a bear case?
raggedtp
28/10/2018
18:39
MT I have just logged on to have a quick look at posts on this board before the open tomorrow and as always your posts are fascinating and give me every confidence in my trades and current holding with CAML. I am not as studied in the economics of the world climate and the metals market as yourself but very much like reading your posts keep up the good work and enjoy your traveling holiday. Ps I’m off to India for a month in February next year can’t wait. ATB Ken
ken tennis
28/10/2018
14:56
I'm conscious that the junior copper index that i follow has dropped 38% 2018 peak to recent trough - while there may well be further downside - drip feeding funds in at/around these levels should prove a very sound investment over a 2-3 year view. If like me you can see a copper price in the range $3.50 - $4.00 over a two year timeframe - it is worth visualising what the prospects of high quality copper equities will likely be in such a pricing environment. The current negative sentiment across the base metal sector which has seen most juniors drop in valuation by around 38% from the recent highs is largely the result of perceived macro issues and totally contrary to the sector fundamentals which are very sound. As demand for copper continues to trend higher major producers will need to replace depleting reserves. Current forecasts see a very significant supply shortfall begin in late 2019 and continue to quickly widen over the next decade. One of the major factors contributing to this supply shortfall is declining ore grades at the existing mines, along with the low grades of new mines under development and the low level of development resources on the asset registers of the major miners as a result of minimal exploration investment since 2013. Currently, the economic climate for mid and large cap copper miners to get access to cheap copper resources through deals/partnerships with or takeover of juniors is at/close to the optimum point of the average 15-18 year copper market cycle. Joshua Hall a highly astute US base metals sector investment advisor is well aware of this and recently published his Industrial MineFinder Junior Copper Index on Seeking Alpha; It is a very well researched global list of copper juniors with assets/resources most likely to attract the interest of mid/large caps miners. He argues from an investment perspective, it is a historical fact that few juniors get to become mid/large caps but many with high quality assets DO find themselves getting acquired at substantial share price premiums during the recovery stage of each new market cycle. UK listed Solgold and Asia Met are explorers/near term developers on the list of 15 Copper Juniors on Joshua's IM Junior Copper Index. It's probably a safe bet that the recession leaned mid and large cap miners now with strong cash flows and looking to fatten up their depleted development reserves, will be currently watching the valuations across the junior sector like a hawk waiting to pounce on its prey. AIMHO/DYOR
mount teide
28/10/2018
14:45
MT, should be an interesting trip. Don't disagree with what you say over a 5 year view, I'm just much more negative than you on the short term (which could be medium term) in equities, and am positioned for more falls. I do think copper and probably gold will hold up well, because of the essential fundamentals, however, inevitably all ships rise and fall in these situations, hence why I hope to have enough dry powder to take advantage. CAML is one I have not cut back and have added to, but until the next weeks/months play out, I'm trying hard to keeping my hands in my pockets. All IMO
waterloo01
28/10/2018
14:42
GSCI/S&P500 Ratio For the Ratio to revert to the mean figure of circa 4 Some possible examples: Commodities remain at current price while S&P 500 tanks 75% (extremely unlikely) Commodities double while S&P 500 drops 50% ( possible but unlikely) Commodities treble while S&P 500 drops 25% ( possible over a 3-5 year view) Commodities quadruple while S&P 500 goes sideways (possible but unlikely) If Commodities were to drop 25% to close to their previous cycle low it would need the S&P 500 to drop 82% ( would require a global economic collapse) If Commodities were to drop 50% - it would need the S&P 500 to drop 88% (likely complete destruction of the global economy and decade of depression) To put into perspective how volatile the tied at the hip, boom and bust global shipping industry has been over the last decade for the worldwide carriage of dry bulk commodities - iron ore, copper, zinc, lead, wheat, coal etc - (95% of all commodity production at some point see's the inside of a ship's cargo hold), between 2008 and 2016 the Baltic Dry Index which measures the cost of dry bulk freight rates via the spot charter rates of Dry Bulk Ships, dropped an almost unbelievable 98.2% peak to trough to the complete and blissful ignorance of 99.999% of the global community. Imagine your house dropping in price from £1m to £18k! Its one of the reasons why today i can ship a 20 tonne consignment of Scotch Whisky to China in a 40ft container cheaper than you or i could fly there economy class.
mount teide
28/10/2018
14:37
Hi Waterloo - been using some of my cash plus profits from GYM(let the original investment run) to continue adding to my copper and oil positions since the wider market looks like it may be in the process of setting itself up for a strong run into the year end. As a longterm investor - short of a worldwide financial collapse and decade long depression - imo the copper market fundamentals over a 10 year view are as close to a one way bet as the equity markets throw up. In the event of the US and Europe experiencing a period of softening growth over the next few years(similar to what SE Asia, China and the Pacific Rim has experienced during 2015-2018), then should the mining sector keep capital investment close to the current decade lows it will only increase the likelihood of a massive future spike in the price of Copper. The highly respected Nat Resources analysts at CRU(they were one of the few to correctly call the bottom in H1/2016) forecast that a huge(5 million Plus tonnes) copper market deficit over the next decade is still likely to occur even if capital investment returns to its pre recession level over the next few years - the inference being to meet future demand the price of copper will need to rise to a level that pushes capital investment to well above the peak of the last market cycle. CRU's other concern is that the industry spent a serious amount of money looking for new copper resources during the last market cycle and failed to find very much by historical standards - and what they did find was at a much lower overall average grade. This is the primary reason why the World's largest copper miner Codelco has decided to allocate nearly all its future capital investment to extending its operations at its existing mines into areas with very low grade ore(once deemed close to being uneconomic), since it is proving more cost effective than trying find or buy new copper resources. Since 1980, 100% of the growth in the global consumption of Oil, Gas and Copper has come from the 88% of the population living outside of Europe and USA. Over 75% has come from SE Asia, China and the Pacific Rim. India now has the fastest growing demand for Copper and Oil. Since 2015, despite softening economic growth across much of SE Asia, China and the Pacific Rim, their oil and copper consumption has continued to grow strongly. The 38 year oil consumption chart for this fast growing economic region is a straight line at a 45 degree angle - yet the Chinese Shanghai Composite Index since 2015 has dropped 45% peak to trough. China's and much of SE Asia's economies and Stock Markets have already experienced the correction that US and European economies and markets are due. As economic historian Niall Ferguson commented - far too many US and European economists and analysts continue to see only a very partial picture by not focusing the bulk of their economic/market research on the 4.2 billion population of China, SE Asia, India and the Pacific Rim - this is going to be their CENTURY not the West's which he believes will, in relative terms, experience managed decline. As mentioned in the previous post, considering the relative stages of the global commodity cycle and the Western Economic cycle, i would expect to see over the next few years, as in the previous two commodity cycles, commodity prices rise while S&P 500 equities enter a period of sustained correction as a result of rising inflation and interest rates, after a very long positive run. AIMHO/DYOR Edit - i'm off to SE Asia, China and Australia for a nearly a month in late November - as a travelling holiday and to update my knowledge of the fast growing economies of this region.
mount teide
28/10/2018
11:17
MT, as usual an interesting and informative post. I agree long term copper and some, but not all base metals will continue to see growth driven by both supply side shortages/costs and demand side growth, however in the short term, miners, especially those with high debt, will be hit alongside most equities in a correction/crash. I'm keeping some powder dry and ready to put into action, as and when it's clear the correction is over. Looking forward to picking up some long term holds but at better prices. Cheers
waterloo01
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