Kaz Minerals Share Discussion Threads

[arja] 18/6/2018 11:39

edjge- but any bounce seems to be sold into and down we come again . Brexit effect seems to be starting to affect markets and pound getting hit . hoping it can be reversed but only a 20% chance of a people's vote as right wing Tory bigots find favour with arch brexiter TM !

[tradejunkie2] 18/6/2018 10:20

WOW 15p away from 870p target. Not bad kitty cats...

[arja] 18/6/2018 09:52

coppwer price seems to be recovering but too early to be sure - kaz has reacted to
this with a nice bounce and hope it continues .

[amunro] 18/6/2018 09:02

Should have sold when it was 11xx!

[zho] 18/6/2018 09:02

The Market can remain irrational longer than you can remain solvent?

That was Keynes

[edjge2] 18/6/2018 08:55

Yes arja I think Buffet said to effect markets can remain oversold longer than you can remain with cash. Steep decline. Painful for a while but hell who needs copper?
Good company added here instead of Glenocore.

[arja] 18/6/2018 08:40

but can stay oversold for a little while and we must do what market tells us to do , ie follow the chart . Mining stocks had an early mini rally but now retreating

[edjge2] 18/6/2018 08:23

realisation dawns of KAZ oversoldness?
Adder got up early.

[arja] 18/6/2018 07:07

I note that copper price has increased by about 50% since December 2015 when it bottomed but Kaz has increaded by about 350% since then! Of course it is about the extent to which the increase in copper has affected profitability but maakes one think
that maybe potential for much more downside in KAZ share price . Hope not as markets do not always work like that and can surprise at times . A fall in copper to about 290 seems to be worst case scenario in sideways pattern .

[arja] 17/6/2018 20:13

I bet he did !

[seanhunter] 15/6/2018 21:04

Got out at 1079 my little kitty cat kittens, will pile back in at 650.

Miaow!!!!#

[burn248] 15/6/2018 16:36

Seen all this before!! Copper will still be in big demand copper is off its highs but not exactly collapsed. Hope it does go to £8 50 will be bargain of the year.imo!

[edjge2] 15/6/2018 16:24

Ok that copper rise well arrested and gone retrograde in spades. Suspect 900p made next monday unkless that copper sees sense but 850 wow what a price. Top up as she goes.

[arja] 15/6/2018 16:18

not even a dead cat bounce in mining stocks today and most will close near low for the
day - the party might be over but hope not .

[edjge2] 15/6/2018 14:16

This drop looks too steep but what a special offer. 900p in sight. Only got my small adder out. Need some cash rounded up but going out of the up channel now.

[tradejunkie2] 15/6/2018 14:11

Target reached. Looking to see if we have a rebound.

Meooooooow.

[arja] 15/6/2018 14:03

wow - so many typing errors but mining stocks really getting hit with new talk of trade wars and Trump's actions . hard to say when the selling will dry up !

[arja] 15/6/2018 13:50

burn248,
you are right I guess as always best to short when massively overbought or a clar doentrend going on for weeks or months . But as ciopper price has noe slipped further it might be worth considering in thos case. Copper now at 316.2 and looking like a move to about 305 is likely next week.

[tradejunkie2] 15/6/2018 12:34

Chart looking awful kitty cats.

It seems 930 or 870 on the horizon.

[edjge2] 15/6/2018 12:14

Adder out today

[burn248] 15/6/2018 09:59

It's dropped from £11 pound a share in a week. I think it might be a tad late to short.

[arja] 15/6/2018 09:19

npw under the 950 support and I wish I had a shorting mentality as a modest short
might well pay off ! Goes against the grain for me for some reason !