Central Asia Metals Share Discussion Threads

[bozzy_s] 24/9/2024 18:26

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

[petersinthemarket] 24/9/2024 16:42

Many thanks guys - have taken first tranch at c201p and may double up on any low after xDiv.
pete

[2603] 24/9/2024 16:13

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.

[the count of monte_cristo] 24/9/2024 10:51

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.

[petersinthemarket] 24/9/2024 10:27

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

[tricky red] 24/9/2024 07:21

Over the 50 day moving average. Would be nice to see a run like in April.

[tricky red] 24/9/2024 07:21

Expecting a little run now.

[smackeraim] 24/9/2024 07:05

Copper flying again looks good

[bootie64] 24/9/2024 07:05

Looks likely the £2 level will break today

[bootie64] 24/9/2024 07:02

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.

[smackeraim] 23/9/2024 11:27

Still looking strong. Ex dividend soon

[tag57] 19/9/2024 18:15

Managed to get some at 176 unfortunately my large buys av 233 :-(
At least I have had a couple of years of divi though.

[smackeraim] 19/9/2024 15:21

Solid move today !

[dougmachin] 19/9/2024 13:04

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.

[spawny100] 19/9/2024 12:54

You win! Nice inverted head and shoulders forming on 3 year chart. 250p+ target by around Feb 2025 if it continues to form.

[tricky red] 19/9/2024 12:49

Bought my last ones at 158p.

[spawny100] 19/9/2024 09:56

Was pleased to pick mine up at 174. On same day getting SQZ for 112. Best day for me for a long while!

[dougmachin] 19/9/2024 09:35

Well done to anyone who bought around 175p recently.

[smackeraim] 19/9/2024 07:13

Copper continues to fly

[smackeraim] 12/9/2024 15:04

2 weeks to be on register for the bigger dividend

[spawny100] 12/9/2024 15:01

Decent move for CAML there. Soon be out of downtrend if it carries on.

[smackeraim] 12/9/2024 08:08

Based on the Company's strong cash flow and balance sheet, the CAML Board is pleased to declare an interim dividend of 9 pence per ordinary share. This represents 70% of our $30.0 million FCF, which exceeds the Company's stated policy of 30-50% of FCF. However, with cash-on-hand at a strong level, and in the absence of a material transaction, as in certain prior periods the Board determined a distribution exceeding the policy to be appropriate.This dividend will be paid on 22 October 2024 to shareholders registered on 27 September 2024.

[smackeraim] 12/9/2024 07:24

copper beginning to look bouncy. decent numbers there, debt free.