Hochschild Mining Share Discussion Threads

[charles clore] 01/11/2016 13:19

FRES up 3.4%

HOC up 0.5%

Go figure!

[banj] 01/11/2016 13:16

Keep up the enthusiastic work Golden :) The consolidation at this level gives a great indication of what gains lie ahead!

[kfr20] 01/11/2016 13:14

I am always wary about posters stating prices are being suppressed to allow the big boys to pile in. Supply and demand, no more no less. Potential scares on the political horizon may strengthen price near term. Breaching 300p is the immediate concern.

[topicel] 01/11/2016 12:09

I too reckon Goldenshares is not overly bullish. As mentioned, the 2011-13 period is evidence enough, and lest we forget the leaps and bounds this year already.

A three month pause/sabbatical is only right after such a flurry. The writing isn't quite on the wall but it continually looks like PMs and thus related investments were held down to allow electioneering to prosper.

It is now slowly unwinding, or rewinding, if you prefer. Like I said earlier, maybe 300p will be little resistance now...?

Topicel

[goldenshare888] 01/11/2016 11:31

Thanks Rodders, don't worry I will.

700p+ target for me in 2017 (appologies to all those who would like a calmer prediction of 300p).

LOL :)))

Ps. My personal OTT bullish prediction is £23.50 per share in 2019.

:))))

NB. SILVER: Starting it's climb to $100 ?!

:)))))

[onedayrodders] 01/11/2016 11:08

Keep posting goldenshares .. I too remember the serious gains from 2011-2013 and know exactly where you are coming from.

[gaaston] 01/11/2016 10:58

Truly sorry goldenshare888, you're persistently OTT bullish and I need a calmer approach so you're filtered for the time being.

[goldenshare888] 01/11/2016 10:27

Very likely in my view Hectorp.

[hectorp] 01/11/2016 10:18

It would be good to breach the last high over 300 this month!

[goldenshare888] 01/11/2016 10:17

I have a theory re apparent price suppression/pause here:

HOC: UNDER ACCUMULATION from BIG BOYS !

The potential for serious gains here is very good/enormous in my view.

:))

[daybreakers] 01/11/2016 10:14

Like I said, Hoc follows silver more than gold. If it followed gold, share price would be over 280 but it's not is it whilst all the other gold miners are up, hoc has remained level just like silver.

Ciao.

[potts650] 01/11/2016 09:33

Feels like its been a while since we breached $18 for silver. Lets hope it continues to strengthen and move upward.

[topicel] 01/11/2016 08:37

Agreed GS. My sense is this is ready to move north quite strongly later this week and possibly beyond whatever results we get in the States.

Assuming the PMs are left to their own devices...

We never did get that 300p in October, so maybe miss that level out and smash through to 400p as if it wasn't there?! Then I woke up. Lol.

Topicel

[goldenshare888] 01/11/2016 07:53

BIG moves ahead here.........

:))

[edjge2] 31/10/2016 21:33

I think new month will change pm weather.

[topicel] 31/10/2016 08:51

Thanks extrader. Yes indeed, a rise in 'E' is the cure, which is what I was kinda hinting at with the debt reduction comment I made.

Either or both, indirectly reducing interest payments or simply increasing production and profitability will do the trick. Both are underway but, as I say, it needs watching as people often don't invest on the 'detail', do they?!

Clearly, unless more email news breaks to the detriment of Hillary, the market's in almost all sectors are on hold until Tuesday week it seems. Then what???

Topicel

[goldenshare888] 31/10/2016 08:02

I agree 100% and am using a projected forward (2017) PE of 4 for my own calculations.


I prefer to look forwards rather than backwards when valuing investments!

:))

Whether the PE is 6.2 or 4 next year I expect HOC to be 700p+ (of course the PE ratio will rise accordingly)

[johntrustee] 31/10/2016 06:42

Hi Lauders, PE ratio of 22 is only arrived at if you take interest and debt repayments off the bottom line. If you take the basic PE ratio of price/earnings you get 6.2, as given in the Daily Telegraph.

The fact that the company is paying off its debt at a remarkable rate is no bad thing, so I take 6.2 as the true PE ratio.

Over 50 years I have seen analysts mangle figures. Accounting is not, is not nearly, a precise study. It depends on your interpretation of the situation.

[colinvest] 31/10/2016 05:29

India super-computer predicts a Trump victory; and they've got a 100% track record !

[spagnolia] 31/10/2016 04:12

Silver doing well - Trump effect in the US as all the news is about Clinton and super negative!!

[lauders] 31/10/2016 01:14

What matters here to me is the debt reduction and rising earnings from higher commodity prices so I would tend to agree Extrader ;-) Those dividends will hopefully continue and get larger too :-)

[extrader] 30/10/2016 16:59

Hi Topicel,

The 'cure' for a high P/E that TMF postulates is a reduction in P, you could as well argue that another 'cure' is a rising E...which seems to be what we're in fact seeing, n'est-ce pas ?

ATB

[topicel] 30/10/2016 13:43

But do you not at least accept the point about the P/E ratio being rather high for the sector?

Of course more debt reduction should be coming, but nothing is a given and so the caution is justified somewhat unless or until the PM prices start rebounding...

I remain long but observant btw.

Topicel

[goldenshare888] 30/10/2016 11:49

LOL - Where on earth do they dig this clap trap up from?

Vested inerest seem to want lower prices in the face of reality.

Seeing how many hundreds of millions have been lost by large hedge funds shorting miners this year (DOH) i can see where their concern of yet further gains (losses for them ) come from!

:))