Central Asia Metals Share Discussion Threads

[doc_oj] 09/10/2020 10:15

got in here at 160 recently so pleased with the entry. look forward to the divi.

[mount teide] 09/10/2020 09:38

Goldman Sachs: “Next year, we expect the largest refined copper market deficit (412kt) in over 15 years due to current positive demand trends. As a result, we have recently raised our copper price forecasts to $7,000/7,250/7,500/t on a 3/6/12m basis” $3.18 - $3.40/lb

[simplemilltownboy] 09/10/2020 09:09

I've been in caml for about 4 years. I can see this going to at least 220p over the next 6 months, all things being equal. I averaged down over the last 6 months to get my overall average down to below 150, and have quadrupled my holding. Copper price is the one to watch, as supply is currently restricted but this won't be for ever, however copper demand should increase. I've placed my bets, thinking of another top up, but unsure whether to put into caml or dgoc? Both great companies IMO both very high yield companies in out of fashion sectors. DYOR. GLA.

[garycook] 09/10/2020 08:56

SMTB,That would be good 16.50p FY giving a yield of 9.50%.Got to be a storming buy at these levels,just for the yield alone,but plus growth to over 200p.

[simplemilltownboy] 09/10/2020 08:31

I'm expecting a 10 fy divi given the metal prices and reduced debt payments. Fingers crossed

[garycook] 09/10/2020 08:15

SMTB,Yes should be 6.50p soon,and hopefully 8p next Apr/May.Giving a 8.52% yield atm with the share price at 170p.

[simplemilltownboy] 09/10/2020 08:10

Very odd share price movement over the last 2 days. Moving up so not complaining, looks to be a traders dream. I'm expecting the divi to be 6.5 and announced end of October and paid in November. Great yield if this board forecasts are correct. GLA

[lord gnome] 09/10/2020 07:17

It certainly looks that way. A 9% yield on my latest top up - very nice!

[garycook] 09/10/2020 02:48

Lord Gnome,The dividend should easily remain at 14.50p,for the year,or even increase then by Stocko figures.

[lord gnome] 08/10/2020 18:41

Morph7, according to stocko, fwd pe is 9.89 with eps of 21.3p.
For 2021, the pe is 7.86 and the eps rises to 26.8
Of interest to dividends, TTM free cash flow is 30.6p

[nickwild] 08/10/2020 17:50

I can't find any record of short positions

[morph7] 08/10/2020 14:02

This valuation is pretty compelling to say the least. Pre tax last year came in at 67.8m. Metal prices are more favourable in this reporting period. Debt is now much lower since the end of last year. Strip out out 55 million of cash.And we have new shorts coming onto the scene! Pretty brave to say the least, and as MT mentioned below, the sum of their actions doesn't make any sense without manipulation on their side. Has anyone looked at a forward PE? I'm mobile at the moment so haven't had a chance to take a good look.

[qs99] 08/10/2020 12:45

Looks promising, may have to buy a position

at present have bought the dip in ATYM which is now recovering nicely


DYOR

[wassapper] 08/10/2020 09:25

Excellent all round performance from a solid management team . I want them to restore the divi and look for a new investment. Anglesey Mining would be perfect. Polymetallic and safe jurisdiction. They'd be pulling ore out of there within 12-18 months I bet.

[wassapper] 08/10/2020 09:25

Excellent all round performance from a solid management team . I want them to restore the divi and look for a new investment. Anglesey Mining would be perfect. Polymetallic and safe jurisdiction. They'd be pulling ore out of there within 12-18 months I bet.

[mount teide] 08/10/2020 09:18

Very pleasing and impressive update - a mid range copper guidance increase of 750 tonnes (5.8%) - equivalent to an increase in 2020 revenue from Kounrad of circa $5m.

[swinsco] 08/10/2020 08:09

With a rising copper price and guidance raised, you'd have thought the share price would rise accordingly.. nah, not this strange behaving shareprice. Bizarre price action over the last year.

[frazboy] 08/10/2020 07:48

"At the time of our H1 2020 Results, we deferred a decision on our interim dividend given the TSF4 incident. We intend to update the market in this regard during the coming weeks, however, our current focus remains on remediating the environmental aspects of the incident, completing the independent technical work on the causes of the leakage and returning the operation to 100% production"

That's good PR but maybe have to wait a little longer for the dividend. They've handled this well. Onwards and upwards.

[killing_time] 08/10/2020 07:45

Yep, and should get the div back in a couple of weeks.

[pugugly] 08/10/2020 07:45

In normal circumstances shorters ought to be scalped today - but these are not normal times -

[catsick] 08/10/2020 07:35

Update all looks good

[goldry] 07/10/2020 15:57

And yet despite over 70% apparently being sells the share price is up.

[11_percent] 07/10/2020 14:45

Just had a look at the share trades......did not relise that this was such a scammmed share.......most trades being AT.......algo driven.

[mount teide] 07/10/2020 14:30

Copper back up above $3.04