Hochschild Mining Share Discussion Threads

[chipperfrd] 13/10/2016 10:23

tightfist

HOC do have history regarding dividends.

2009 US$20m, 5.9c/share, payout = 38%
2010 US$39.5m, 11.7c/share, payout = 42%
2011 US$74.3m, 22c/share, payout = 45%
2012 US$62.5m, 18.5c/share, payout = 96%
2013 US$18.5m, 5.4c/share, payout = -37%
2014 US$10.1m, 2.4c/share, payout = -18%
2015 US$1m

Chip

[tightfist] 13/10/2016 10:15

Hi CC,I am fairly new to the attractions of HOC, a wonderful cash machine in the making.Question: is there an established position from the BoD regarding resumption of dividends and a mid-term distribution policy?Cheers, tightfist

[dt1010] 13/10/2016 09:48

A bid would stop numpties from scalping.

[charles clore] 13/10/2016 09:43

gs - i agree the price is not even close to where it should be. Today's update is quite bullish as expected. Without the debt I reckon the share price would be MORE LIKE TEN QUID. We can see from the last 2 updates that debt is reducing in such a way that in a year's time it could be completely eliminated. I don't know what it is going to take for the numpties to stop scalping their little bit of profit and pile in to this because anybody can see it is making money and will make anyone in it money too. Maybe they are waiting for full divi restoration. That is their right of course but when that time comes the price will be way above what we are seeing today. It's a buy and a hold imho but dyor please.

[dilbert dogbreadth] 13/10/2016 09:12

pennant not flag ( triangle ), ask SG

[pixi] 13/10/2016 08:59

Excellent results and when digested should result in analysts updating their forecasts next week. All-in sustaining costs per silver equivalent ounce on track to be between $11.0-11.5 for 2016. Little wonder that they can pay off so much debt in a short time. I reckon we should be debt free sometime in 2017.

[goldenshare888] 13/10/2016 08:58

Basically the end of a triangle on it's side which looks like a flag!

NB. I am no expert chartist.

[muffster] 13/10/2016 08:49

Hi golden what is a bull flag apex and what does it look like

[dt1010] 13/10/2016 08:49

Yes the flag is there and yes it targets 400-500 before the next pause.

We will need to see silver motor again though.

All of which gives us more time to buy more at frankly discount prices.

I am selling silver phys to buy this, yes really :))

[goldenshare888] 13/10/2016 08:44

If a BULL FLAG formation apex achieved, does it target 500p?

DT - Was it you who posted this?

:))

As you know I target 400p - 700p area year end to 2017!

[flyingswan] 13/10/2016 08:43

Not many supporting HOC in the big winners?

[goldenshare888] 13/10/2016 08:42

See what happens when the funds/institutions start waking up to the numbers here!

260p - LOL

:))

[shakeypremis] 13/10/2016 08:40

Silver and gold both dropping right on queue to spoil the party. Still this share is great long term investment.Fundamentals are so good. The only thing that can stop this share long term is if PM prices drop. I can't see it happening over the medium to long term.

[juju44] 13/10/2016 08:34

I may add if it drops on the usual news day sell off

[goldenshare888] 13/10/2016 08:33

Added even more at 260p.

Should look a steal in a while and hopefully an absolute bargain by 2017!

:))

[juju44] 13/10/2016 08:18

Expect a down day

[goldenshare888] 13/10/2016 08:07

This is WAY too cheap in my view!

What is the forward PE ratio for 2017 - 3 ?!

Surely this must double/treble/quadruple from this silly price!

:))

[goldenshare888] 13/10/2016 07:57

Banj,

Ditto..........

:))

[lauders] 13/10/2016 07:57

Looks good to me too. Trouble is silver is coming down again so far today! The future should be fine, but the short-term may be a accumulation chance. Will be interesting to see if there is any strength here today. With the debt reduction, positive outlook and generally positive RNS strength should be a given. You just don't know though!

[banj] 13/10/2016 07:49

And Pablo commercial development in 2017 pushing production further still. Got too much HOC but gonna get some more :)

[goldenshare888] 13/10/2016 07:24

WOW !!

Staggering debt pay down - $58MILLION in 3 months!!

and CASH increases too!! :))

and PRODUCTION forecast increases too!! :))

It's too much to take in at this time of day. LOL

I am a BUYER of EVEN more stock here :)))

IMAGINE UNHEDGED PRODUCTION IN 2017 (NOT FAR AWAY NOW)

A very happy holder.

:))))

[edjge2] 13/10/2016 07:22

Production looks like a winner to me.

[gersemi] 13/10/2016 07:20

Look at the debt repayment. This is what the market desires more than anything else - deleveraging..derisking makes holding the equity a lower risk bet

Less debt (external claim against ownership equity or capital) equals more ownership equity equals a higher share price..LMI all over again

[spagnolia] 13/10/2016 07:19

Some set of results and positive drilling with more to come shortly!! :-)

[mr roper] 13/10/2016 07:06

Staggeringly. This is chucking of cash. Expect them to be debt free by end 2017