Kaz Minerals Share Discussion Threads

[zho] 20/2/2017 16:15

>>Hi when is results day please?>>

This Thursday

[berber1] 20/2/2017 16:14

With Trump projected investment in infrastructure in the US, which will require huge demand for copper and the growing demand from China and the rest of the world, There will be a huge deficit in supply. May be good for KAZ and GLEN and the mining sector as a whole.

[greatgatsby] 20/2/2017 16:05

Hi when is results day please?

[b2l] 20/2/2017 15:50

copper going north again +1.6%
nicee upmove

[racg] 20/2/2017 09:31

Good for you.

[topazfrenzy] 20/2/2017 09:23

Small top up for me on the dip this morning

[racg] 20/2/2017 08:33

Let us continue to go up..... So close to results day, hope no nasties. Hope lots of good news to finance newly rediscovered habit of buying industrial quantities of overpriced gizmos on internetty.

[racg] 20/2/2017 03:28

Let us go up.

[rampant_bull] 18/2/2017 00:22

Highly attractive ratiosKazakhstan miner Kaz Minerals (LSE: KAZ) has gained 65% so far this year. At a current price of 589p, this FTSE 250 firm is valued at £2.7bn.In a production report last month, the company said it had met its copper guidance for the year and exceeded its guidance on by-products (gold, silver and zinc).Copper output was 73% ahead of the prior year as Kaz ramped up production at its new Bozshakol and Aktogay projects. The company is rapidly developing into a top class, open pit copper miner with revenue expected to double from 2016 to 2017 and earnings forecast to rise by 175%.This puts Kaz on a forward price-to-earnings (P/E) ratio of 12.6 with a P/E-to-growth (PEG) ratio of less than 0.1. These are highly attractive ratios and remain so if we look ahead to 2018 when the P/E falls to 9.1 and the PEG rises to little more than 0.2. There looks to be considerable scope for the shares to continue rising and they seem very buyable to me at their current level.

[umitw] 17/2/2017 19:12

Thank you bamboo2 very much appreciated.

[smurfy2001] 17/2/2017 15:24

Stock picks: Kaz Minerals, Costain, Robert Walters & Defenx

[rampant_bull] 17/2/2017 15:15

Added at 5.605. 600+ coming soon I feel

[bamboo2] 17/2/2017 15:11

umitw, all approx.

50% retrace of previous move up is 560.

Recent historical support is 550.

Recent lower trendline support 550.

[bamboo2] 17/2/2017 14:59

Added again today at 560

[umitw] 17/2/2017 11:28

Ant one have a charting skill showing where the support is please?

[topazfrenzy] 17/2/2017 11:02

KAZ is also a play on gold of course, it digs enough of the stuff out etc

[umitw] 17/2/2017 08:18

3 days re trace from up trend should do the trick IMO !

[topazfrenzy] 17/2/2017 07:08

“The resulting acceleration in metals demand is expected to push the copper market, as well as other base metal markets such as nickel and zinc, into deficit, leading to inventory draws, a tightening of the futures curve spreads, and higher prices,” the bank’s analysts including Mikhail Sprogis and Jeffrey Currie wrote in the note dated Feb. 16.

[smurfy2001] 16/2/2017 22:58

Cramer: Charts signal copper is about to make a powerful move

[umitw] 16/2/2017 21:08

565p may be the support level!

[bamboo2] 16/2/2017 18:00

cfro, I don't have a stop. I plan to add two more lots to the trade. There are a number of potential turns due on the KAZ chart, so by definition I'm expecting some volatility. Next are 21/22 Feb, then 1/2 March. It'll be interesting to see what happens. :-)

Edit added, there is a potential turn for copper today/tomorrow, so I guess we should soon see more positive price action.

[cfro] 16/2/2017 17:33

Hope your stop-loss holds bamboo2.... ;-)

Might be a bit volatile before the rush through 600p comes imvho!

[bamboo2] 16/2/2017 15:35

racg, mostly shares in £5-6k lots

[cfro] 16/2/2017 14:58

Added more today myself.

Im pretty confident that there will be a rush at and straight through 600p before too long.