Central Asia Metals Share Discussion Threads

[mount teide] 05/10/2017 14:34

Zinc posted another another 10 year high this afternoon at $3,307 some 58% above the average price for 2016.

[edjge2] 05/10/2017 14:17

May have to seek some more

[zho] 05/10/2017 14:17

Stinking or stonking?

[jacktrax] 05/10/2017 14:15

Spoke to HL, as long as you were holding at open you were entitled to the dividend, hence, the drop this morning. You can't buy now for a divi and you could sell now if you bought before this morning and still receive the divi. Looks strong to me, holding for the foreseeable . Reckon this was a stinking acquisition and we will go from strength to strength . Also, great reversal in price from this morning and remember the buyers today are not entitled to the divi.

[waterloo01] 05/10/2017 13:53

Coppers off. $3.02 with more to come as China goes back to work after a weeks break.

[edjge2] 05/10/2017 13:51

Well whatever, good performance for an ex div share. Ill wait for div date.
According to WEiss's fractal maps gold likely to have a monumental bounce from 1200 end nov or so. Other metals may lead before that.

[arf dysg] 05/10/2017 12:49

The dividend timetable is given here in the interims:

"The CAML Board has declared an interim dividend for the period of 6.5 pence per ordinary share. The interim dividend equates to approximately 24% of the gross revenue for the period and will be payable on 27 October 2017 to shareholders registered on 6 October 2017."


"registered" is the "record date" which is the day after the ex-dividend date. A lot of companies explicitly give the ex-div date and the record date. It just so happens that CAML doesn't in this case.

I think it works that way because if you buy the shares on Wednesday, it takes two days for your name to appear on the register of shareholders, so that CAML knows you are eligible for the dividend.

[bestace] 05/10/2017 12:32

I don't think it's a typo - their reference to 6 October was probably a reference to the 'record date' which is always after the ex-div date. Ex-div dates are always on a Thursday

[return_of_the_apeman] 05/10/2017 12:11

HL is showing x-div today, which would mean you would need to be holding shares yesterday

Think it is a typo on the interims, you could put a call in to Investor relations -Louise Wrathall - [phone], to be sure

[gn100] 05/10/2017 12:06

The XD date is 1 Day before the 'on the register date' so XD is today 5/10. My screen shows down 3.5p at the moment for a 6.5p divi which seems a positive indication.

[return_of_the_apeman] 05/10/2017 11:45

nope, was x-div today

OT - have bought some gfm today, hold these as well, dyor

[ltinvestor] 05/10/2017 11:27

According to the interims ex div 6th

[edjge2] 05/10/2017 11:22

ex div today

[edjge2] 03/10/2017 18:31

alan a
looks encouraging but gen market trend mauy not help.Nice divi arriving, may poleaxe ggp too

[alan_a_walker] 03/10/2017 07:09

Trading update this morning - seems positive to my untrained eye

[oohrogerpalmer] 02/10/2017 18:51

Sounds good to me😊

[arf dysg] 02/10/2017 17:33

I've just realised that you can sing "Ooh, oohrogerpalmer" to the same tune as "Oh, Jeremy Corbyn"

[mount teide] 02/10/2017 14:46

Zinc hit a new 10 year high this morning at $3,235/tonne, some 55% up on the 2016 average price of $2,093/tonne but still some 50% below the 2006 all time high.

The 5 year LME Zinc warehouse stock level has fallen every year from 1.25m in 2012 to todays 0.24m tonne.

[mount teide] 01/10/2017 00:23

" Why does the Kazalh copper worker earn one sixth of what his Chilean colleague earn?

For largely the same reason(cost of living) the minimum wage in the UK is up to ten times more than in some Eastern European EU Nations.

With around 100 million people living in EU Nation's where the GDP per capita is barely one fifth of the wealthy EU nation's, its why the UK and Germany has seen a 10 fold increase in immigration since the these Nation's joined the EU and their mostly poor but often well trained and very hard working citizens became able to live and work anywhere in Europe. Prior to this it took the German taxpayer 2 trillion euro's to modernise the old East Germany for its 13m citizens.

Used to employ over 650 Romanian Seafarer's on a fleet of vessels i ran, on T&C's and rates of pay(£10/hr) that were 20% superior to the International Transport Federation's guidelines followed by most global shipping companies like Maersk, to ensure retention of these well trained, highly experienced and valued people.

It generated a greater than 99% staff retention rate, largely because our rates of pay were more than 10 times the minimum wage in Romania!

Some were so wealthy in relative terms, that after a decade they were living in luxury properties back in Bucharest that would not look out of place in West London, and bought for a tiny fraction of the price.

[pugugly] 30/9/2017 21:25

FT today - Life and Arts - THE INFORMATION WARS - Well worth a read on Kazakhstan and the political structure,3 pages - if for nothing else on the political situation and the implied participation of the Nursultan Nazarbayev circle into most buiness activities.


No direct link to Central Asia's business save for a quote attributed to Ablyazov " Why does the Kazalh copper worker earn one sixth of what his Chilean colleague earn? Answer.: because Nazarbayev runs the thing ......" Draw your own possile conclusions.

[mount teide] 29/9/2017 14:45

L2 - being walked up on modest volume.