Central Asia Metals Share Discussion Threads

[lauders] 10/4/2019 12:10

Shifted to Sasa and whatever develops from this: "We believe that this forms the basis of an excellent platform from which to once again grow by acquisition, and we are encouraged by the quality of some of the opportunities that we are reviewing."

[merrimac] 10/4/2019 11:39

I also am surprised about the price drop. The "eased" divi was in line and everything else seems really good with a yield that is difficult to beat - and hopefully we will get capital growth too....

[king_baller] 10/4/2019 09:37

I’m waited with baited breath do Gary1966 to reply to Zangdook...

[lord gnome] 10/4/2019 08:56

Clearly I am not one of the more observant, MT. The only thing I like to observe is the dividends coming into my account.

[mount teide] 10/4/2019 08:51

The more observant will have noticed that last year's 5% / 16.5p dividend payment was announced when the share price was circa 330p, during a period when metal prices were 25% higher..

This year's 8p final and 14.5p total dividend announced at a share price of circa 250p is 5.8%.

5.8% is equivalent to a total dividend of 18.85p at a share price 325p.

[dround87] 10/4/2019 08:48

Wow! Opportunity made just for me there it seems after my foolish sell out earlier in the week. Onwards and upwards.

[zangdook] 10/4/2019 08:43

Gary1966
210p would give a 6.9% dividend; 250p gives 5.8%. Which others are you comparing this to when you say it's lower yielding?

[vulgaris] 10/4/2019 08:39

The day's loss seems to be reversing, and sharply

[bogdan branislov] 10/4/2019 08:38

The low metal prices in the second half were always going to impact earnings. Nevertheless, debt reduction in the second half remained significant, which is the key outcome in my view. Good to see that the management did not prioritise the dividend over debt reduction. Most companies would have backed off on debt reduction to maintain the dividend, which is why I do not invest in most companies - solid management at CAML. Price outlook for copper looking very positive from here. As the statement says, a very solid platform going forward. Bogdan

[gary1966] 10/4/2019 08:33

Elevated RSI. Expensive and lower yielding in comparison to peer group. Just needs a bit of froth off the share price. To be in line with peer groups price should probably be around £2.10 currently. Quality company, no doubting, in the long run.

[waterloo01] 10/4/2019 08:29

I guess it's also a defined end date at Koundrad which has 4 years left (thought it was a coupe of years longer).

[melody9999] 10/4/2019 08:24

Lower production previously signposted at Kounrad. And reduced divi too. A few weak holders that have maybe just bought into the recent share price increase and now exiting?

[zangdook] 10/4/2019 08:17

dividend cut?

[extrader] 10/4/2019 08:17

Hi waterloo01,

Hmmmm… maybe the forecast lower production at Kounrad ?

Must admit, not what I was expecting !


ATB

[waterloo01] 10/4/2019 08:13

What does the market not like. Am I missing something?

[garycook] 10/4/2019 08:08

Peel Hunt Buy CAML 310p PT.

[waterloo01] 10/4/2019 08:08

Indeed, well run and very low cost mines, good divi, debt reduced. Move to main market can't that far off.

[mount teide] 10/4/2019 08:01

Usual Swiss watch reliable excellent results from an outstanding management - better than expected dividend - two well managed low operating cost and maintenance capex assets that should perform very strongly indeed during the next phase of this new commodity cycle recovery stage.

[waterloo01] 10/4/2019 07:50

Excellent results and looking for next mine target.

[garycook] 10/4/2019 07:26

LeopoldAlcox,I believe you must be Short on CAML.Your predictions totally wrong,and also the Dividend 8p,and not 6.5p. Cracking better than expected Final results. CAML going to £3 plus. Lets see what the market makes of the results today !

[dround87] 10/4/2019 07:19

Looking tasty. And I sold 2/3rds on Monday fearing prices would hit hard. Doh! Good luck all.