Central Asia Metals Share Discussion Threads

[podgyted] 09/1/2022 22:22

It's also worth remembering that half of CAML is in Macedonia - the Sasa mine - and zinc is strong.

Beginning to look like a massive over-reaction to me.

BWDIK

[cthompso] 09/1/2022 12:21

Watch a little of the Russia Today news station and it's clear the protests in Kazakhstan are going nowhere - the numbers of military pouring in will ensure that.While you might weep for the people, democracy or freedom there's no regime change ahead.

[spawny100] 09/1/2022 07:50

It's certainly in accordance with my views on it and with all the people here in Moscow I've talked to about it.

[lord gnome] 09/1/2022 07:46

That's a very informative article. Thank you.

[johnhemming] 09/1/2022 05:16

One perspective

[gisjob2] 08/1/2022 17:13

I didn't know this.

[pol123] 08/1/2022 11:31

Guys, there are so many political angles here. We all have opinions based on what we see, hear, feel etc
History does suggest that when dictators are removed a vacuum ensues followed by years of near anarchy. Look at Libya & Iraq as modern day examples. The truth is there is nobody to replace them and these dictators keep all the other want to be dictators in line
Anyway back to CAML........

[spawny100] 08/1/2022 10:48

I disagree Lord Gnome. That's what the Western propaganda says but I feel confident that yet again it's the US and NATO destabilising a close neighbour of Russia and blaming Russia as they always do.

[lord gnome] 08/1/2022 10:01

The only outside interests hijacking anything are the Russians. This is just another totalitarian regime stamping down on any form of dissent. The regime in Almaty is the only thing that has made me think twice about my investment in CAML.

[andydaf] 08/1/2022 09:34

As the situation becomes clearer,a legitimate peaceful protest hijacked by outside interests we are left with a decision here.As i believe political risk is everywhere i intend to sit it out whilst i can totally see the reasons why others wish to sell.If the share price dips below 200 i think i am going to have to have a bit of a gamble and buy in heavy.As always good look to everyone

[dodger777] 08/1/2022 09:12

I’m sure it probably will quieten down now. When the vast majority of the ‘troublemakers’ are just normal folk wanting a better life and you have a murderous dictatorship just shooting you I’d certainly be running off and hiding under my bed.
I know we all worry about our shares but any decent person has to have sympathy for the people living in Kazakhstan, Belarus etc having to live there.

[briggs1209] 08/1/2022 05:34

Caml was one of my very safe plays, very easy to understand business, great management , easy accounts. I sold half at 250p and the rest at 240p. I'll happily get back in at those prices when I feel comfortable again. Good luck all.

[the_gold_mine] 07/1/2022 23:46

The video shown on post 4847 suggests to me the government means business about stamping out the carry-on, I don't see any kid gloves getting used.

My guess is back to business as usual ASAP and a trip to the gulag for the troublemakers.

[casholaa] 07/1/2022 22:23

Hopefully the disorder will be stamped out by Monday.

[johnhemming] 07/1/2022 20:13

>As investors we just manage the investment risk.
You are, of course, right. It is then a judgement as to whether there is a sufficient discount for the risk. For me the answer is "not at this price".

I don't think the market as a whole will price it at the current level by the end of next week. I have not tried as yet to calculate the price and exposure at which I might change my mind, but I keep my mind open.

[pol123] 07/1/2022 19:45

Like all shares, risk is everywhere. As investors we just manage the investment risk. Investors have differing thresholds, thats what makes it interesting. My threshold is fairly high and I will continue to scale in on what I see as a good opportunity for the longer term

[waterloo01] 07/1/2022 17:26

Gives some idea of the wider effects, even if the area itself isn't currently affected.

Kazatomprom is taking all necessary measures to prevent destabilization of its production sites and is promptly responding to any emerging issues. Enhanced security measures are in place at all operations, and all site administrative personnel are working remotely until conditions normalize, with a 24-hour hotline in place to keep employees informed of current developments.

As of 07 January 2022, Kazatomprom's offices, production facilities and mines have not been impacted by the current conditions and are operating normally. However, due to interruptions and a partial suspension of railway services in some regions of the country, there continues to be a high risk of supply chain disruptions that could result in limited access to key operating materials.

[johnhemming] 07/1/2022 17:15

I sold yesterday. The reason was that although nothing has happened that directly affects Kounrad at the moment it is clear that the risk of something happening is now much greater.

[arcadian] 07/1/2022 16:43

Maybe more impact Monday.

[zho] 07/1/2022 14:05

#CAML the IR team have confirmed to me today that Kounrad has not been impacted. No idea why they have not released an rns…….

[melton john] 07/1/2022 09:29

It's a re-run of Iraq, Libya, Romania, Czechoslovakia, Hungary in the 50's and plenty of other autocratic regimes supported by Russia. A very informed American diplomat was interviewed at 0835 on the Today prog on BBC R4 this morning. He gives a very good description of the big picture.

[masurenguy] 07/1/2022 08:04

Not so. I have raised the issue of trust, which relates to poliical stability, autocratic leverage, potential corruption and economic uncertainty. The subsequent oil company reference was just one example and it does not specifically have to relate to the current political scenario there to be a valid one. If you are happy to ride the risk factors there then that is entirely your own judgement call - I'm not, which is why I sold out 9 months ago. I have never said "I told you so" or even suggested that anyone else follow suit, which is why I prefaced my original post #4756 with the comment "Each to their own"! My last post , #4852, just referenced a similar view taken by CNN.

Masurenguy 21 Oct '21 - 4747: The location of the Kounrad operation in Kazakhstan is a political risk factor, which does have a bearing on the CAML investment criterion.

Masurenguy 28 Oct '21 - 4756: Each to their own. I have encountered problems with an oil company that had significant Kazakhstan assets in the past but of course that does not mean all companies will be similarlily afflicted. Nevertheless, there is a trust issue in all of these former Soviet states - as there are with Chinese based companies - that you're either happy to take or not. I was also invested here but became somewhat nervous after the results in March and sold out @272p in early April.

Masurenguy 6 Jan '22 - 4852: "It's not "nothing"! "For international investors, the events of the last few days have undermined Kazakhstan's reputation as a place where it's safe to do business. Taking down internet access and putting troops on the streets will unsettle the sort of corporations in the energy and mineral sectors that Kazakhstan badly needs." CNN.

[zangdook] 07/1/2022 07:42

Masurenguy6 Jan '22 - 08:36 - 4842 of 4860
0 0 0
I did raise this issue a couple of months ago !

No, you raised the issue of trust, specifically in reference to TPL which has had problems with local stakeholders. That is a completely separate issue to the current political instability. CAML has no such problems as far as we are aware.

Masurenguy6 Jan '22 - 16:51 - 4852 of 4860
0 5 0
It's not "nothing"!

"For international investors, the events of the last few days have undermined Kazakhstan's reputation as a place where it's safe to do business. Taking down internet access and putting troops on the streets will unsettle the sort of corporations in the energy and mineral sectors that Kazakhstan badly needs."

Again, you're so eager to say 'I told you so' that you're mixing up unrelated things. Sure, major corporations may be less willing to go into Kazakhstan, but CAML is a small operation already well established there.

[zho] 07/1/2022 07:25

Good news, bad news:


“The best place to be right now, particularly given the Fed pivot, [is] commodities,” [Goldman Sachs global head of commodities research] Currie said, referring to the U.S. Federal Reserve’s decision to begin hiking interest rates later this year. “We think you’re going to see another year of out-performance of commodities and real assets more broadly.” (Bloomberg)



There was a gruesome report from CBC that "two police officers were found beheaded in escalating unrest ..." .