Central Asia Metals Share Discussion Threads

[gn100] 13/1/2018 12:33

Yes, nice to know the other two. All good information is useful.

[mount teide] 13/1/2018 11:04

Andrew Monk, CEO VSA Resources - Despite being known affectionately as "Monkey" by some in the City, is one of the brightest chaps in the stockbroking world, according to his peers. He runs a brokerage that specialises in the global natural resources sector.

In a recent note to clients fortunate enough to be on his private email list, he says despite there being more than 100 stocks out there in the junior mining sector, there is just 3 he likes and has as core holdings:

The first on Andrew's list is Central Asia Metals:

'CAML as it is known has some brilliant management..........they just do as they say on the tin and deliver year in and out and yield over 5%.......there’;s never a right time to buy a good stock and today feels high but it has to be a core holding - the market cap is now over £500mn and so not a tiddler anymore.'

[mount teide] 12/1/2018 22:13

Zinc, Lead and Copper pricing - despite a very strong Q4/2017 demand remained high and resulted in a sharp drop in LME Zinc and Copper warehouse stocks.

Zinc
Currently trading at $1.54/lb - 62.1% above 2016 average and 16.6% above 2017 average.
LME Warehouse Stock: at decade lows, down a staggering 85.3% from 1.23 million tonnes in 2013 to just 0.18 million tonnes today. Stock level has dropped 25% during the last 60 days, and 57% in 2017.

Lead
Currently trading at $1.16/lb - 36.4% above 2016 average and 10.0% above 2017 average
LME Warehouse Stock: at decade lows, down 52.6% from 0.30 million tonnes in 2013 to 0.14 million tonnes today. Stock level has dropped 2.7% during the last 60 days, and 27% in 2017.

Copper
Currently trading at $3.23/lb - 46.8% above 2016 average and 14.5% above 2017 average)
LME Warehouse Stock: close to the decade low, down 50% from 0.4 million tonnes in 2013 to 0.2 million tonnes today. Stock level has dropped by 23% during last 60 days, and 33% in 2017.

All three metals averaged materially higher pricing in H2/2017 compared to H1/2017 - current pricing is significantly above H2/2017 average prices and, in the case of copper still some 38% below its previous cyclical high.

Data Source: Kitco


bootie - thanks for the articles/links - make interesting reading - and reaffirms what a great performance CAML delivered during the mining sector recession compared to most of its peers.

[bootie64] 12/1/2018 18:25

This post from Mount Teide in August caught my eye and led me to make my first investment to which I added in October so many thanks MT and all the posters for taking the time to share their knowledge and information

Mount Teide22 Aug '17 - 09:48 - 783 of 1243

Copper catching a rising hedge fund tailwind!

Mining.Com - Betting on better copper price - 21 Aug 2017

'On the copper derivatives market hedge funds built long positions to a new record high last week according to the CFTC's weekly Commitment of Traders data. So-called managed money investors' net longs now total over 120,000 lots, the equivalent of 3 billion pounds or 1.36m tonnes worth around $9 billion at today's prices.

On the London Metal Exchange, hedge funds have also increased their bullish bets in recent weeks and according to LME data net longs total over 74,000 lots. LME contracts are for 25 tonnes which translates into more than 1.8m tonnes worth some $12.3 billion. LME data will be updated tomorrow.'





More recently from mining.com

Mining in 2018: Copper price to power on


The price of copper ended 2017 near a four-year high of $3.30 a pound ($7,260 per tonne) extending the bull run in the red metal for a second year. Measured from its multi-year lows struck at the beginning of 2016, copper has gained more than 70% in value.


MINING.com's call
Above $3.50 ($7,800 a tonne) by the end of 2018 and a rising trend into 2019. And that may be conservative.






Blackrock's Hambro sees commodities bull run in 2018

"Mining profits are super-charged and BlackRock wants to get paid"

[bluerunner] 12/1/2018 17:04

What a beauty!I added to my existing holding at the start of the week and it has performed just as I hoped.(My other holdings had a nice day as well on the whole).Nice start to the year.Have a great weekend all!

[waterloo01] 12/1/2018 17:01

Not sure If Blackrock are on register. (Edit see they are)

The largest positive contributors to performance during December were our holdings in Central Asia Metals and Kaz Minerals which both performed well along with the wider mining sector, which benefitted from the strength in metals prices at the end of the year.

[bubblingup] 12/1/2018 17:01

Re your #1237 MT, how wonderfully perspicacious of you! Keep up the good work!

[lord gnome] 12/1/2018 16:56

Big big smile today. What a beautiful chart.

[arf dysg] 12/1/2018 16:47

Yeoowowowow! Yowser! Hot freaking diggity! Jumping Jehoshaphat!!! So glad I bought millions of these at 3p a share.


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Oh, all right then, I bought from April 2017 onwards with the little that was left after paying for the mortgage, the car, the gas bill, the occasional slice of dry bread to eat, etc.

Still, mustn't grumble, hey?

[mount teide] 12/1/2018 16:42

Another very good day with strong pressure on the bid throughout - 20,403 @322p UT to close out at another all time high.

[mount teide] 12/1/2018 15:06

L2 - very strong on the bid side today - prospects for another new all time closing high look promising.

[from8to800] 11/1/2018 07:09

Someone messed up their dates. No update.

[lord gnome] 10/1/2018 21:39

Looks like today's dip down to 285 was engineered to trigger stop losses and pick up some cheap stock from weak holders. Not surprised that some chose to protect profits after such a strong rise.

[mount teide] 10/1/2018 18:49

Closing Auction showing an UT of 33,642 @314p - New all-time closing high.

[mount teide] 10/1/2018 14:33

Bizarrely, after Peel's downgrade it seems there is great demand for our shares at the all time record high price !

L2 - 16 v 1 / 308.5p v 309.5p !

[mount teide] 10/1/2018 14:22

Can see CAML closing at/close to a new record high today in market expectation of an extremely good Q4 and Year End Trading Update being released tomorrow that Peal Hunt with a straight face will say they knew nothing about!

[mount teide] 10/1/2018 13:57

Lol - Peel are now on the offer at 306p - a nice 5%-7% intra-day turn on this mornings orchestrated drop - NEVER underestimate broker greed/capacity for skullduggery!

Edit
Level 2 - It gets even better - just as the offer moves on to 305.5p, Peel decide they have changed their minds and don't want to sell any shares to the market at 306p and immediately move the minimum price they want up to 310p !

[oohrogerpalmer] 10/1/2018 13:55

What on earth does a downgrade from buy to add mean?????
Surely to add them you have to buy them first!!!!

[bluerunner] 10/1/2018 13:31

I added to my existing holding yesterday. Now the largest holding in my SIPP. Look forward to the Q4 figures and update. Ignore the brokers. As MT has stated, possibly ulterior motives......

[bdroop] 10/1/2018 12:24

This slight dip made me buy some. So thanks very much Peel Hunt.

[fbrj] 10/1/2018 12:02

10 January 2018 | 08:40am
StockMarketWire.com - Peel Hunt today downgrades its investment rating on Central Asia Metals PLC [LON:CAML] to add (from buy) and raised its price target to 345p (from 315p).

Story provided by StockMarketWire.com

[basem1] 10/1/2018 09:46

Masurenguy - fair play to you on CLIG. That's what I call a proper investment !! Let's hope CAML is a similar cash cow.

[edjge2] 10/1/2018 08:46

MT could be a nice surpise.