Kaz Minerals Share Discussion Threads

[arja] 15/9/2017 11:55

of course anything is possible in markets but I doubt it will retrace to that level . Seems to be good chart support at about 660 although charts are less relevant with mining stocks as it is the copper chart we need to study .

[topazfrenzy] 15/9/2017 10:59

If next month's China data is disappointing again then 400s very quickly here, don't be stubborn thinking that it cannot retrace back to that ...

[arja] 15/9/2017 10:58

maybe as the mini rally ran out of steam. Sorting UK gilts might be worthwhile with prospect of higher interest rates - but had a good run already

[topazfrenzy] 15/9/2017 10:33

sell any rip with the big miners, they have further to go down before rising sharply again, another 15% down minimum, especially those not paying a divi, ones for the watchlist only at this time

[arja] 15/9/2017 09:16

no help from copper price yet but maybe KAZ and the miners are due for a bounce . watching and waiting !

[rich1e] 14/9/2017 17:19

Investments typically follow a cycle, cash, bonds, equities, commodities. Money slowly moves from one sector to the next as economic conditions play out. To find the correlation between Kaz and the broader equity market, overlay the FTSE over the Kaz chart, or ask yourself what the broader market was doing when Kaz and co were at 80p. If equity markets are coming off the boil today then it’s fair to say that it’s at a point when Kaz’s potential earnings are at their strongest for sometime, and that scenario will likely continue for a good while.

[arja] 14/9/2017 16:27

amazing that the dow is so strong and UK and other markets take a tumble . As you say, what will happen if dow tanks and let's hope it does not.

[losses] 14/9/2017 13:10

Plastow I've been saying that for 6 months now and it's not happened.. it's inevitable Dow will correct soon... When that happens it will take everything with it.

[plastow] 14/9/2017 12:50

What will happen when the markets get sold off the dows getting a bit toppy????

[losses] 14/9/2017 11:35

Just need copper to stabilise and Kaz will move on the next leg up..

[rampant_bull] 14/9/2017 10:49

Yes it tumbled from 280 to 240. Same old story, one minute everyone's bullish on global growth and copper demand, next month everyone's bearish when you get a couple of not so great key indicators, then a few months later everyone's bullish again.

[arja] 14/9/2017 10:23

fair enough. But was the copper price tumbling then as I did not follow KAZ at that time ? I must check the charts on that after I do some house hunting today .

[rampant_bull] 14/9/2017 10:13

I thought the same in feb/mar, 600 to 420 and then all the way back to 880 by September. Anything can happen with this stock

[arja] 14/9/2017 09:10

even if that happens which is unlikely , it will have a meaningful bounce quite soon unless copper price keeps falling - copper now at 293 and might well get support in 290 area .

[rampant_bull] 14/9/2017 08:58

Down around 15% off its recent highs. Maybe another 15-20% to go then time to load up again.

[arja] 14/9/2017 08:35

smurfy100= sorry , about 740 and not 720 ( typing error ) . good luck

[arja] 14/9/2017 08:24

mining stocks hit across the board with exception of copper stock ANTO which is up a penny !

[racg] 14/9/2017 07:58

I am not bitter. I exited plenty and hold plenty. You are the ignorant so and so starting with calling people stupid. Whilst, displaying a pretty impatient, uninformed and amateur approach to Kaz. Just because someone calls you out on that, you get in even more of a tizz. If you cannot handle the volatility of Kaz, the anwser is simple. Now do us all a favour and go crawl back under whatever pile of refuse it is you call home. You git.

[arja] 14/9/2017 07:44

smurfy100 - I think it is likely that KAZ will recover quite soon but one never knows for sure in market. about 720 seesm to be chart support level with worst case scenario about 600 . But copper price is the key I suppose .

[manics] 14/9/2017 07:38

China data overnight wasn't great, so we have to do the whole negative China thing for a week or so, just like we did around KAZ 600p, then we all forget that and go bullish again. Potentially. Imo.

[arja] 14/9/2017 07:38

racq- what an ignorant , sarcastic sod you are or are you bitter because you did not exit !

[arja] 14/9/2017 07:37

smurfy2001 - no idea really and copper price still edging down and now 294 . Seems to have chart support at about 280 and that might be an entry point for KAZ . But as someone pointed out to me on this thread, other factors to consider . I will just focus on the amazing S32 which was only off 3 cents in OZ after going ex-div and div was 8 cents !

[racg] 14/9/2017 00:33

I m sure we are more interested in his exit point. Hopefully, never to return.