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CAML Central Asia Metals Plc

197.60
2.80 (1.44%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Central Asia Metals Plc LSE:CAML London Ordinary Share GB00B67KBV28 ORD USD0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.80 1.44% 197.60 199.00 200.00 200.50 190.00 190.00 561,237 16:35:25
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Copper Ores 220.86M 33.81M 0.1859 10.70 361.99M
Central Asia Metals Plc is listed in the Copper Ores sector of the London Stock Exchange with ticker CAML. The last closing price for Central Asia Metals was 194.80p. Over the last year, Central Asia Metals shares have traded in a share price range of 151.20p to 252.50p.

Central Asia Metals currently has 181,904,941 shares in issue. The market capitalisation of Central Asia Metals is £361.99 million. Central Asia Metals has a price to earnings ratio (PE ratio) of 10.70.

Central Asia Metals Share Discussion Threads

Showing 1201 to 1223 of 5950 messages
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DateSubjectAuthorDiscuss
18/12/2017
08:42
Flying away again this morning and yet silent as the grave on here. I love a quiet BB - shows that there is no hype in a share. This rise is the real deal.
lord gnome
17/12/2017
13:31
Ivan Glasenberg, Glencore’s tough-talking boss, said in a recent interview the company is now in its strongest financial position in 30 years.

Underpinning the turnaround has been industry curbs on supply — both voluntary, to push up commodity prices, and involuntary, such as strikes and stoppages.

He said that capital expenditure in the mining sector has fallen by an unprecedented 70% since 2013, with all the major firms reluctant to embark on big new mining projects.

Glasenberg says the industry’s pipeline of new copper projects is shorter than it was before the China boom with the main industry focus continuing to be rebuilding balance-sheets and rewarding shareholders who kept the faith.

The big difference between now and prior to the Chinese boom is that warehouse stocks were then at record high levels whereas today they are at decade low levels - a perfect storm for much higher prices over the decade ahead even before factoring in the huge additional demand from the rapid development of the EV industry.

mount teide
15/12/2017
19:26
Go baby, go!
davidspringbank
15/12/2017
14:42
Another new high - L2 looking strong - just one mm left on the offer below 295p
mount teide
13/12/2017
15:30
Yesterday it hit the top of it's recent upward channel,it looks as if it's back in the middle of it now.
spittingbarrel
13/12/2017
15:27
Appears to be following trend on the upward trajectory , was a larger jump than seen for a while yesterday, so only profit taking maybe
mr.oz
13/12/2017
15:24
Could well be year end bonus time. Realising some profits from last placing?
waterloo01
13/12/2017
15:23
Struggling to understand it myself, then again I'm fairly new to this game. The volumes look healthy enough.
arhaych
13/12/2017
13:58
Why the big fall today .?
ntv
12/12/2017
13:33
Up and away.Has been threatening this for some time.
stopps
12/12/2017
13:00
Breaking out - new all time highs.
mount teide
09/12/2017
15:07
Highly interesting and well researched post SASA acquisition report on CAML.

Quoted Data: Annual Overview / Central Asian Metals - November 2017

'Accretive transaction boosts cash flow and dividend paying capacity'

mount teide
09/12/2017
02:30
I've been in cash for a couple of months and I've got 8449 of these surrounded with precious metals and oil and it's doing quite well settling in. I loaded up with PM's on Thurs and Fri when gold was pushed down,I couldn't resist bargain prices. I bought everything in the shop, especially silver bullion and miners. Christmas comes early. By the end of 2018, gold should back above 1500.
davidspringbank
05/12/2017
16:01
Warehousing: More volatility in LME spreads in 2018 on low stocks, strict warehouse rules - Metal Bulletin

London Metal Exchange benchmark spreads have had a rollercoaster year in 2017 and next year is not looking any calmer given the low level of registered stocks and sustained strict LME warehouse rules, which could prompt frequent backwardations similar to what zinc is experiencing.

Zinc’s cash/three-month spread reached $91 per tonne backwardation on October 12, the widest backwardation in more than 10 years, before easing back to around $30 per tonne following LME stock re-warranting in New Orleans.

“I think zinc recently has set the tone of what to expect across the [LME base metals] complex next year,” an industry source said. “I don’t think the impact of the new warehouse rules have been fully felt due to the low price volatility but if even a little volatility emerges in the underlying market - like zinc has - then the warehouse stock reaction magnifies that, which in turn causes a volatile feedback loop,” he added.

The LME toughened its warehousing reform in 2015 when it implemented its load-in/load-out (LILO) rule, which forced operators with queues to deliver more tonnage than they take in. In 2016, it got even stricter with increased load-out requirements.

mount teide
01/12/2017
18:48
Metal Pricing - Zinc, Lead and Copper pricing continued to maintain their strong H2/2017 performance during November, resulting in a further lift in average prices for 2017.

Zinc
Averaged $0.95/lb in 2016
Averaging $1.29/lb to date in 2017 (35.7% up, from 33.6% up in early Oct)
Is currently trading at $1.48/lb (55.7% above the 2016 average and 14.7% above 2017 average)

Lead
Averaged $0.85/lb in 2016
Averaging $1.06/lb to date in 2017 (24.7% up, from 22.3% up in early Oct)
Is currently trading at $1.15 (35.2% above the 2016 average and 8.4% above 2017 average)

Copper
Averaged $2.20/lb in 2016
Averaging $2.77/lb to date in 2017 (25.9% up, from 25.1% up in early Oct)
Is currently trading at $3.09/lb(40.4% above the 2016 average and 11.5% above 2017 average)

EBITDA
2016 - CAML $39m + Lynx $30m = $69m
2017 - H/1 CAML $24m + Lynx $34m = £58m

All three metals to date in H2/2017 are continuing to average significantly higher prices than in H/1.

Assuming 2017 Q4 forecast production is achieved then, barring a huge collapse in metal pricing over the next 4 weeks, 2017 EBITDA for CAML and Lynx combined is likely to top $120m - equivalent to a 74% increase in EBITDA over 2016 for the combined operation.


Data Source: Kitco and CAML 2017 Interims and Acquisition Presentation.


Added a decent chunk today after taking some profit at CMS.

mount teide
30/11/2017
16:37
That's some trade. Over 2.2m shares.
waterloo01
29/11/2017
20:49
Excellent article. Thank you.
davidspringbank
28/11/2017
22:49
Gold price fluctates a lot.
coxsmn
28/11/2017
11:54
back in for some divis gold likely to explode end December 17
edjge2
24/11/2017
09:26
Company name Central Asia Metals PLC
Broker Peel Hunt
Recomm. Buy
Price when issued 263.75
New Target Price 315.00
Notes Reiterates

ashehzi
22/11/2017
13:33
I also like the gold interests which should do well next year.
davidspringbank
20/11/2017
12:40
The Zinc revenue is not too shabby either!
mount teide
20/11/2017
11:40
This is my largest holding. You don't have to be a rocket scientist to figure out that this latest acquisition will pay for itself very quickly and will diversify the company with two main earnings streams from copper and lead.
davidspringbank
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