Central Asia Metals Share Discussion Threads

[mr roper] 26/7/2017 06:39

What's the likelihood of a special dividend here? They have a big chunk of cash on the books

[ntv] 25/7/2017 23:52

i agree , but the stock overhang can be an op to buy in shares for cancellation (saves dividend payment especially as the nett cash is dead money at the moment
i love increased dividends and prefer quarterly ones as these even things out
much easier when you have a reasonably known cashflow, same case here
for example RLE
3 equal quarterly payments then adjustment on the final payment up or down

[kenmitch] 25/7/2017 19:53

NTV. Much prefer increased dividends to buybacks. Hope CAML is among the sensible companies who realise that. As Neil Collins wrote in FT recently, buybacks reward those who want to leave at expense of those who wish to stay.

Note that Next, one of the few companies where buybacks seemed to work did all theirs way higher, including at DOUBLE the current £37 share price.Next have stopped buying back and now pay a big dividend.

[gary1966] 25/7/2017 18:01

Pleasant surprise to see these back up towards the close having taken a chance switching from RUSP into these, today, at a little under £2.08.

Just seems too cheap with production levels being maintained, increase in copper price over the last year, yield which is likely to increase, exchange rate gain and outlook for copper price.

GLA

[mr roper] 25/7/2017 15:33

most of the electricity will come from nat gas I'd have thought.

[ntv] 25/7/2017 15:31

big seller may have finished selling to his mates?

[bone apart] 25/7/2017 15:17

Electric cars, Nice idea but don't hold your breath! A lot of work
& money to spend before it can go equals to hydrocarbons.
Also, where does the electricity come from?
URANIUM! The supply shortfall there is widely predicted to start in 2018.
I'm not rushing (eg BKY & ETF-URA) but it will go soon enough.
One to watch. Check the ETF URA 10 year chart & you'll see......

[ntv] 25/7/2017 15:13

spike down could be the last lot from the seller
we will have to wait and see

[mr.oz] 25/7/2017 15:10

Someone taking profits in KAZ and switching here?
Was feeling very left out

[mr roper] 25/7/2017 12:35

and that the copper market will be entering a structural deficit in about 18mths time with no new developments planned (well apart from one 25kt pa mine I can think of in Indonesia, that should come on in 2019 - LSE:ARS)

[danieldruff2] 25/7/2017 12:22

Market is beginning to realise that the switch to electric cars means a whole lot more copper will need to be discovered and mined over the next decade or two

[shakeypremis] 25/7/2017 12:09

Copper going nuts recently, what's going on???

[mount teide] 25/7/2017 11:34

The 5,000 @208.96 reported as a sell at 11:25, was in fact a BUY at virtually the full offer price transacted at 10:25

Have another 2 similar transactions working their way through the 'crooked' reporting system from earlier today!

[mr roper] 25/7/2017 09:38

not for long

[shakeypremis] 25/7/2017 09:23

Keeps getting sold off

[mr.oz] 25/7/2017 09:10

Would like a good TA expert to look at the chart
looks good long term to me , but WTFDIK

[ntv] 25/7/2017 09:07

not going anywhere just yet, maybe somebody knows something we don't (as per usual)
if they are so cheap why has company not started buying back stock?

[crazycoops] 25/7/2017 08:31

It looks like the market has just noticed that CAML is a copper producer - er, hello!

[shakeypremis] 24/7/2017 14:52

I don't think I can hold off from buying here for much longer!!! Basically 200p again.

[mount teide] 21/7/2017 12:57

edjge2 - H1/2017 - i'm expecting another strong year - boosted further from the benefit of a much stronger copper price and USD/GBP compared to H1/2016.


Copper averaged circa US$2.10/lb in H1/2016 and circa US$2.55/lb in H1/2017 - some 22% higher.

US$ v GBP - averaged circa US$1.45 to GBP in H1/2016 and circa US$1.22 in H1/2017 - a 16% currency swing to US$ - (which should help maintain the divi in GBP)

[edjge2] 21/7/2017 12:01

MOunt Teide massive divi if it is maintained too. Camel has taken a beating recently hopefully will rise with copper price.
Suspect gold due another dip as dollar recovers.

[mount teide] 21/7/2017 09:55

Took the opportunity to add another 17,500(7.5+5+5) to a long term portfolio holding this morning - CAML has got be be one of the best plays on the future price of Copper in the mining sector and, is imo run by an Executive Chairman who i have met on a number of occasions, and consider one of the most impressive and astute business managers of any quoted company i have ever met - CAML shareholders are fortunate to have him and his well regarded team at the helm.

AIMHO/DYOR