Hochschild Mining Share Discussion Threads

[stevea171] 28/7/2018 10:32

Detailed article on HOC from Seeking Alpha.

Hochschild Mining - Still Looks Like One Of The Best Buying Opportunities In The Silver Sector.
Jul. 26, 2018

Summary.
Hochschild Mining delivered strong production figures in 2Q 2018.

In my opinion, the company should easily meet its 2018 production guidance.

Today Hochschild shares are the cheapest ones in the silver sector.

There is a significant short-term risk factor - one of the largest shareholders is aggressively selling Hochschild shares.



End Summary.

In my opinion, despite being in a medium-term downward trend, Hochschild shares still present an outstanding buying opportunity. Here are a few factors supporting this thesis:

According to my own calculations, Hochschild shares are worth around $3.0 a share. Today these shares are trading at $2.42 a share so they are significantly undervalued.
Production figures reported in 1H 2018 were strong - the company produced 19.9 million ounces of silver equivalent (a 10.7% increase compared to 1H 2017).
In my opinion, Hochschild should easily meet its 2018 production guidance of 38 million ounces of silver equivalent.
Using an EV / EBITDA multiple as a relative valuation method, Hochschild shares (the red bar on the chart below) are the cheapest ones, compared to the peers:

[dt1010] 27/7/2018 17:16

Good for you edgie, that’s a long term
Investment you just made if you want it. Apparently it is going to be Absolutely massive.

[edjge2] 27/7/2018 16:20

OK DT in for a few TTD as price down today. Suspending any garden activity as body cannot take the heat. Will it rain or not?

[edjge2] 27/7/2018 14:12

I think today we'll see the change, come next monday nicer times. Getting ready to add my final PMs.
I'll investigate TTD.Yep ad merchant looks good results first week august thanks TD

[dt1010] 27/7/2018 10:53

Hahaha true juju...except...it won’t....it can’t mathematically happen....unless we begin to see negative interest rates, whereby it costs money to have it in the bank....so you have to spend it.....mad times we live in

[juju44] 26/7/2018 19:29

Whats to stop them keeping the whole farce going for another 20 years. Who cares how big the debt is . We were getting all these armageddon stories when it was 1/2 todays total . Let it double again who gives a fek

[dt1010] 26/7/2018 19:25

Trust me. There is a king without clothes moment coming.

US will sink into recession. The debt will sink it in the end. Unsustainable forever. Everyone knows that we’re dancing on clouds.

[juju44] 26/7/2018 17:40

Maybe the FED want to sink him

[onedayrodders] 26/7/2018 16:00

Trump is basically the best car salesman in the world ...and the yanks are so thick they go along with it.

He won the election telling Americans all the economic data was phony and now claims credit for exactly the same.

But he has already made noises about the FED's rate hikes may damage "The fantastic economy" .... that's the economy soooo fantastic that it's worried about 2% Int rates.

Is he getting ready for the blame game

[dt1010] 26/7/2018 11:08

I agree....He knows what he’s doing despite all the derision....he’;s a no nonsense businessman.

[dt1010] 26/7/2018 11:07

I agree....He knows what he’s doing despite all the derision....he’;s a no nonsense businessman.

[juju44] 26/7/2018 10:30

Now that Trump has made America great again by reversing totally every bullying threat and decision he has made , I would expect to see the metals drift down again

[dt1010] 25/7/2018 19:14

It won’t end soon though. Wall Street loves Trump. And big tech is the barometer of US stock markets. It will keep pumping.

My latest nod is buy TTD The Trade Desk on Nasdaq. BUY. $93.64

Motley Fool’s latest hot buy, check it out.

Sorry for OT. Anything to make back our losses eh.

[edjge2] 25/7/2018 16:37

DT only an option expect results will be storming. KL about 50% up frm april when I filled my wife's ISA. Overlooked topping the shop up but 40% up before my top up today, thanks for the alert.
Never thought I'd see hoc below 180!
Crazyness must end soon.

[dt1010] 25/7/2018 16:27

Won’t be pear shaped

[edjge2] 25/7/2018 14:57

Gold and Cu looking up at last but grabbed some shopify before results at month end DT on your sensible suggestion.
If pear shaped and unlikely will divert to KL.

[dt1010] 25/7/2018 14:03

Yeah look at Fres too....these are great investments

[rhuvaal2] 25/7/2018 11:59

stevea ~ many will be glad to glean your comments here judging by the daily turnover of stock. I have a full holding which I propose trading a portion as metal prices and events unfold. Ref' MML I was quick to appreciate the loss of Boyd Timler who must have been a crisp CEO. Never mind, we move on and I shall keep watch from afar... Many thanks for your last which filled in holes in my rather shallow brief.

[juju44] 25/7/2018 10:11

Lot of miners getting battered again today - 2 year lows appearing

[stevea171] 25/7/2018 09:41

FRES sinking like a stone on release of Q2 and H1 production results today. 1056p. -4.5%.

Also FRES has all its mines in Mexico which now has country risk after the recent election of AMLO as president and the drug cartels taking over.

[dt1010] 24/7/2018 19:56

Yes. Only when the wheels come off the US will gold rise. Knowing Trump he will continue to inflate and BS...he’ll win the next election....so I reckon we’ve Got at least another 5 years of pain for gold.

It’ll be a good time to buy sovereigns at around $1000

This will be like 25p by then or less

Then I will load up.

Until then Shopify is a good buy with results up ahead on 31st of this month $168 now. Will probably leap to $200 soon. Nasdaq don’t you just love it. Screw miners all they do is pay no dividend and go down in value.

[juju44] 24/7/2018 19:45

Maybe the elite gangsters want to take gold below 1200 and silver below 15 to trigger a lot of stops , steal more from the lumpen and then take it up to make themselves a lot of money.
The whole system is totally corrupt .

[dt1010] 24/7/2018 16:21

Yes yes, quite right. When is indeed the issue. 10 years?

Hmmm...someone told me this today - he was a very rich man with ‘government connections’.

He said:

UK will raise rates in Aug by a quarter point.
UK is heading into recession which will be blamed on Brexit.
Recession has already started in sentiment terms.
It will last 3 years and botttom our in 18 months.
We will have an election sooner than anyone thinks.

Interesting. You wonder if it’s BS. Some of it probably is. But gold won’t rise until the US economy is in trouble. That I do know.

[juju44] 24/7/2018 15:31

On the contrary , they will be taken up by the crooks that have their cellars full bought at manipulated bargain prices . My problem is that I dont know when

[dt1010] 24/7/2018 15:28

Don’t worry it won’t be long. Gold and silver don’t go up, can’t go up, are not allowed to go up. The dollar paradigm.