Kaz Minerals Dividends - KAZ

Kaz Minerals Dividends - KAZ

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Stock Name Stock Symbol Market Stock Type Stock ISIN Stock Description
Kaz Minerals Plc KAZ London Ordinary Share GB00B0HZPV38 ORD 20P
  Price Change Price Change % Stock Price Low Price High Price Open Price Close Price Last Trade
-22.00 -4.27% 493.40 490.30 509.40 507.20 515.40 16:35:02
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Industry Sector

Kaz Minerals KAZ Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount

Top Dividend Posts

tymedici: Where would the KAZ share price be if it wasn't for the coronavirus problems in China? North of 600 I am certain of that. Hope the measures taken in China help to contain the spread of the virus. The regime has its failings but they don't seem shy of taking bold and decisive moves. Let hope they work and 'normal' conditions can return. The market seems to like today's figures but the cornavirus story has dented the share price temporarily at least.
kenmitch: katnick bb posters can't answer that. Useful facts are:- 1. KAZ share price usually moves up and down along with other miners. 2. KAZ share price depends on copper price. If that goes up so, usually, does KAZ, and vice versa. 3. China/US trade war news affects the price. 4. So do latest economic figures from China. 5. Long term, pundits are confident of much higher copper price because of electric vehicle demand. We'll see! KAZ share price (along with the other big miners) fell to crazy low price in 2015 mining sector bear market. KAZ fell to 80p and then shot up to around £10. KAZ has been as high as £20 in the past. For now £4 could be a good entry point for a part stake. BUT that assumes copper price at least holding up. Big KAZ plus points are exceptionally low cost copper producer AND with their 2 relatively new mines now fully up and running. So even if copper price crashes KAZ should still be making profits. And when copper price is high they rake it in. A negative is the large debt and the costs of their latest new copper mine. BUT if copper demand as forecast that would put KAZ in very strong position. I've held KAZ for years, and also trading stakes. It's been a great investment overall and could well be so again in time, but shorter term is anyone's guess. Go
tymedici: I wonder if September will see a gradual recovery of the KAZ share price as the EU mandarins finally accept that the UK will leave on October 31st, and Trump and his gang accept that the Chinese Communist Party cannot change its economic policy without a massive change of direction which means 'losing face'. (This isn't about regime change or is it?). Perhaps the Chinese Communist Party will accept that in the 'real world' you have to abide by certain rules'. Hope so.
porsche1945: Unloaded these at 9.80 thought I had sold too soon, just saying a prayer of thanks. Phew. Something terminal about kaz, too much going on with this that isnt about the copper price. Same with Ferrexpo and they all remind me of the stitch up and share holder wipe out that went on with ENRC. Why risk it, you are just waiting all the time for some bit of dodgy dealing/management to come out all the time and blast the share price. If these are where they are now at this point in a cycle which is fast hitting the wall then downside more likely than upside, wasnt long ago these were at about .90p. A few grand punt on them ok but more than that too scary.
loss-leader: But Sterling went up 2% against us$ and we see KAZ price in sterling but copper price in $us. Which should mute the effect
tymedici: For a further explanation of yesterday's rise in the KAZ share price (9%), views on the trading update published this week, and speculation on developments over the acquisition of the controversial Baimskaya deposit, interested parties should considering visiting the rival chat room site at LondonSouthEast LSE. There have been a number of informative posts in recent days plus speculation regarding the reason for the rise. Good luck.
ivebeenherebefore: Great news - Norilsk holding up their hand as a potential partner. The analysts who deserted the stock (JPM being one) have openly said that a partner for the project would lower the risk of holding Kaz and I think we will see them revisit the story. IMO the share price will rise well over £8+ if a partnership is agreed and the feasibility study is sound; you have to look hard to find a stock which currently offers the upside Kaz does!
jonwig: "What Price Copper?" They [KAZ] paid $900 million for a new copper deposit in Russia and lost about 50% of its share value! From the date of announcement, it has lost $2.5 billion worth of value. Seems rather dramatic for a company that has built its reputation acquiring assets and then developing them with operational excellence. The issue with this acquisition is that investors need to take a long-term view on the copper market as production will not impact it till 2025 but will cost about $5.5 billion to build. Companies are not like investors, they do not think of their share price quarter to quarter but plan for the next decade if not more. Kaz Minerals has one of the fastest and strongest growing copper profiles in the sector, as it produced almost 140,000 tons of copper from its Aktogay and Boshakol projects, an 18% increase in the first half of this year over 1H17. This new asset could produce about 330,000 tonnes of copper over the first 10 years of production. To put it in perspective, 2018 annual copper production is about 270,000-300,000 tonnes, so we are talking more than near doubling over the next decade. To be positioned in such a key commodity that is starved for growth and development is an extremely sensible strategy. But for a company to lose $2.5 billion worth of value for an asset that cost $900 million seems a tad bit harsh, no matter how uncertain the market is on the back of an Emerging market demand collapse or U.S./China trade tariffs impacting the Chinese economy. The issue is not the asset or the price paid. It is the timing. Today when investors are not sure whether the floor for copper is $6000/tonne or $4000/tonne, valuations are meaningless. At the end of the day, what drives a commodity price is its inventory balance, even if distorted temporarily by its perception. Let's not forget, every day the copper price is averaging $6000/tonne, the company is still earning revenues on its 300,000 tonnes of annual copper, generating an EBITDA in 1H18 of $690 million with a free cash flow of $308 million. It is extremely cash generative and maintains one of the lowest cost quartile positions on the curve. At times of distress, it pays to do your homework. Https://realmoney.thestreet.com/articles/09/06/2018/what-price-copper
tymedici: Ivebeenherebefore Thank you. You have chosen an interesting topic to make your debut on ADVFN. I assume you have held in KAZ prior to today and that your decision to purchase a substantial number of further shares, on Monday rather than earlier today, has been made after careful consideration. As an existing and, presuambly a substantial holder, you will not be surprised at the recent volatility in the share price given the nature and complexity of the proposed purchase. Interesting that you consider KAZ 'ridiculously cheap', I suppose only time will tell after the market has fully digested the implications of the proposed enormous purchase which will change the nature of this company. Given the volatility in the share price over the past few days, are you surprised by the lack of comment from the company, an RNS for example, which would be normal in these circumstances? What is the basis of your current optimism given that a re-evaluation of the company and a new level for the share price was inevitable. Thank you again for making your debut here. Very interesting and timely.
kenmitch: ali47 fish. I/C. Not always bad., e.g Simon Thompson their small companies specialist writer is superb and finds endless small company bargain priced shares that do very well. But some of their other staff are inexperienced, and that could well be the case with whoever did the write up on KAZ which I haven't read yet. Brokers are often wrong and detailed research has shown that the best way to do well is to do the opposite of what they say! Fact is nearly every broker had KAZ as a sell even when the price crashed to a crazy 70p. Some have switched to buy but most only AFTER the share had QUADRUPLED or more! Here's one example. Liberum have said SELL KAZ with A £1 target price all the way up to £7+. Recently they upgraded - still saying sell - to £1.25p. Why does anyone take such nonsense seriously? Why take any notice of broker buy/sell advice except if big one day share price fall on a sell note to buy, and if big share price rise on a buy, to top slice and look to get back in again cheaper. KAZ could continue to do very well but not so clear cut now as it was when at barmy too low price and that despite their two low cost copper mines then being built, on time or ahead of schedule and within expected costs. And now they are both up and running and results yesterday were excellent. KAZ is volatile so best to look for a dip and then buy some. KAZ often moves up and down with the copper price. As long as China doesn't implode and with copper shortage forecast and KAZ a very low cost and now very big producer the shares might in time surpass previous all time high around £20. And that was when KAZ was nowhere near as good a company as it is now. KAZ is now around 140th largest company so if share price gains continue could get back in to the FTSE100 in time and so get tracker fund buying. Obviously if mining sector turns down, so will KAZ. But all the current signs are that the bull market in Mining shares will continue to run. Hope that answers you question.
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