EST now looking very cheap. |
Seems crazy. Given Kounrad's low cost every 4 cents more (on the years average) is more than a million on the bottom line. |
The drop of more than the div makes little sense today with both copper and copper miners (e.g GLEN and ATYM) surging. Buying opp? |
Copper surging
Heading back to $5 |
For any newbies, ex-div 9p today. So anyone buying now won't get the 9p payout on 22nd Oct. |
No hurry. The dips come thick and fast. If ever there was a market in which patience to let the price come to you pays and chasing does not, this is it. |
Decent buying volume today. |
Yeah it'll be minus 9p or thereabouts on Thursday when it goes XD. If you've used up your tax-free dividend allowance for the year, I'd buy after XD date. If you can receive a dividend without being taxed, then buying before or after XD should make no real difference.
Copper is the bread and butter for CAML, with Zinc and Lead being the other income streams.
Obviously ADVFN shows live copper prices. For zinc and lead I use the following:
Zinc's in good form. Lead struggling a bit. But copper is the one to watch.
H1 2024 revenue - Copper $59.1m, Lead+Zinc combined $44.7m |
Many thanks guys - have taken first tranch at c201p and may double up on any low after xDiv.
pete |
Peter i started purchasing this share in June last year around £2.10 and have bought on a regular basis all the way doen to the £1.60 mark, I have taken my Diviends along the way so with anaverage of around £1.90 I have accumulated over 25000 shares. This is the best way to buy this type of share if you want to hold for the long term. If you think we are in a good positive market for Caml in my opinion I would buy for the Divi and add to it as it drops. Looking at Caml chart and the way copper, lead and Zinc are going up I cant see this falling much, whwn it goes Xdivi if this does drop 9p I think you will get a lot of buyers jumping in, if it doesnt recover on the day I am sure it will within the next few days. |
It usually falls by at least the % dividend, from what I notice.
I bought 3,800 GBPs worth this afternoon. The dividend is so solid on this. Not as good as ITH and SQZ, but still excellent plus the share price has growth potential. |
Going xDiv for 9p on wed 26th sep. - share price on a real run atm.
I am a newbie to this company and would like to buy.
Does anyone have an informed view on whether a buy before or after xDiv is the best for a long term hold. Given that the share price of many shares falls by about the div value after xDiv and some shares fall more heavily than others. I haven't been watching this share for long enough to know how xDix day affects it's share price
Any comments?
pete |
Over the 50 day moving average. Would be nice to see a run like in April. |
Expecting a little run now. |
Copper flying again looks good |
Looks likely the £2 level will break today |
https://x.com/Ole_S_Hansen/status/1838462962207723890?s=19Copper and iron ore, as well as several other China-centric commodities, jumped after Beijing announced a series of major measures to boost growth and shore up its beleaguered property market. |
Still looking strong. Ex dividend soon |
Managed to get some at 176 unfortunately my large buys av 233 :-(
At least I have had a couple of years of divi though. |
Solid move today ! |
My last top-ups were 166p, 155p and 157p. Just wish I had jumped in for more.
Let's hope Cu goes above $4.5 (for starters) and stays there. |
You win! Nice inverted head and shoulders forming on 3 year chart. 250p+ target by around Feb 2025 if it continues to form. |
Bought my last ones at 158p. |
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