Central Asia Metals Share Discussion Threads

[ashehzi] 16/8/2018 09:03

I guess the entry point in this range is good and should have atleast 50% upside in near future.

[amunro] 16/8/2018 08:50

KAZ fantastic interim. $1 billion quarter sales, $464 million profit in a quarter. Even an interim dividend.

[masurenguy] 16/8/2018 08:43

topazfrenzy 16 Aug '18 - 2072: I take no pleasure in people losing money, I am just sounding alarm bells when they need to be heard.

Nobody needs your "alarm bells" here - everyone is capable of making their own decisions about this stock.

If you continue deramping it will just be conclusive proof that you are a sad troll!

[mount teide] 16/8/2018 08:32

Kaz (+7.0%) and Anto(+2.5%) have opened strongly this morning after large falls yesterday.

[michaeljames1] 16/8/2018 08:09

All of your comments are about how shares are all going down. If you aren't in them or shorting them, why waste your time on boards that are of no financial interest to you? And please don't say it is because you want to help current investors, it's more likely a poor attempt to de ramp so you can try and buy in lower.Pulling random valuations out of a hat doesn't help credibility either.

[mount teide] 16/8/2018 08:07

topaz - the daily average volume over a weekly, monthly, three monthly and annual basis has been virtually constant over the past 12 months.

If you look at the so called 'smart money's' net short or long positions at most of the historic key price turning points on copper over the last decade - more often than not they got it wrong!

Not altogether surprising since circa 96% of short term traders lose money over the longer term according to industry research.

[topazfrenzy] 16/8/2018 07:48

I take no pleasure in people losing money, I am just sounding alarm bells when they need to be heard. This bull market is done and the clever money has already left miners for now, no exception with this one as the share price already indicates.

Even £1.20 is a distinct possibility here.

[andyj] 16/8/2018 06:23

Such people are usually those who have lost all their money on the market and now haunt boards where shares have fallen and take pleasure from knowing they aren't alone in losing money. They disappear when the price recovers.

[garycook] 16/8/2018 06:22

Copper up in London over 1% this morning.So should get a nice bounce today.

[mikett1] 16/8/2018 01:11

He is clearly working for a company shorting all the companies he is commenting on. It will, without doubt, cause some private investors to panic sell. Everyone needs to remember this is a very undervalued company, and a great buying opportunity (most definitely not a panic sell). The Sasa deal will be reflected in upcoming results.

[zebbo] 15/8/2018 22:21

Quick shout out to Topazfrenzy

You aint going to deramp a £400M company. Economics etc will determine the direction of share price not posts by a poorly informed investor shouting £1.50..lol

You seem to be trying harder with ZIOC though. Good luck, keep going.

[coxsmn] 15/8/2018 20:08

Article on Antofagasta in Today's Telegraph,"The price of copper, used in electric wiring, has fallen 15pc this year. Nonetheless Mr Arriagada said its outlook was bright: "Demand is growing 2-3pc a year – the issue is with supply; it's constrained. Grades are coming down and tonnage is coming down. There are few new discoveries."

[mount teide] 15/8/2018 20:08

Since Chinese GDP growth peaked at an incredible 14.2% in 2007, what is often overlooked by many business journalists writing articles reporting the decline in Chinese real GDP growth and its likely impact on the demand for commodities, is that the Chinese economy has still more than tripled in size in the decade since 2007 in US dollar terms and has grown more than ten fold since 1999 from $1.1 trillion to $12 trillion.

Chinese GDP growth averaged circa 11.5% during 2000 - 2007, and circa 7.5% since.

This has resulted in the demand for commodities in tonnage terms of China's considerably larger economy is now matching the level seen when GDP growth peaked at nearly triple the current rate and a once in a generation construction boom was also at its peak.

Over the decade ahead the Chinese GDP growth forecast of an average of 4%-6% per annum through to 2025, should be more than sufficient to continue generating demand for commodities in tonnage terms at least equivalent to anything seen between 2002 and 2007, and possibly much higher by 2025.

Those predicting the end of the Chinese and SE Asian high population nation commodity boom where copper consumption per capita is still a small fraction of the West and like China's now 200 million middle class population, on a rapidly accelerating trend, should not hold their breath.

The Chinese commodity boom(2002-2007) is dead long live the Chinese commodity boom(2008-2025)!

[scottishfield] 15/8/2018 19:47

Mmm, nice low prices to add.

[coxsmn] 15/8/2018 19:45

Plenty of bargains around at the moment including here. We know world copper demand is on the increase despite the short term volatility in the price. I think we are close to the bottom here at around £2.

[topazfrenzy] 15/8/2018 14:12

Commodities in free fall, the clever money got out of copper a few months ago and will wait for a further 25% collapse minimum before getting back in, depending on economic cycle, if there is a recession on the horizon then forget it, the cycle has turned, the markets are jittery and Trump has destroyed the Chinese dream for now, so wake up before it's too late, certainly not the sector to be in at this point in time.

[andyj] 15/8/2018 14:07

Actually with experience you will learn it is far more stupid to think you can consistently call market bottoms.

[fbrj] 15/8/2018 13:40

Been averaging down during the course of this am. Holding doubled and at average now of 241p. Prospective yield and copper outlook/metrics over the next 2-3 yrs seem too good to miss, despite copper pricing .....Sept futures just off low of $2.60.

MT, as a bit of a lurker here, I particularly welcome your shared input - so thanks!

[topazfrenzy] 15/8/2018 13:22

I don't short, just watching, will buy at £1.50 and lower

[mount teide] 15/8/2018 12:50

AD - he was predicting 150p last September when the price was circa 225p - a poor call since the price did the opposite and went to 330p over the next 6-9 months.