Kaz Minerals Share Discussion Threads

[topazfrenzy] 29/3/2017 09:17

A forward PE of 5 for 2018 (TD Direct calculation) should keep people focussed, this will rerate strongly IMO after all the Trump jitters are out of the way and people realise that the infrastructure and tax changes are serious, not to mention copper exceeding $6000/tonne this year.

[plastow] 29/3/2017 09:15

Best put some in the issa after week 52 ..!!

[ljhrunner12] 29/3/2017 09:10

Although this is KAZ so anything could happen :-)

[ljhrunner12] 29/3/2017 09:08

I'd prefer a slow and steady rise from here.

[rampant_bull] 29/3/2017 08:31

Quite surprised this isn't roaring north this morning

[losses] 29/3/2017 08:30

I think what's holding this back is whether Trump can pass through the house with his infrastructure spending... recent stuff didn't get passed like obamacare etc so people are being cautious..

[berberic] 29/3/2017 07:43

US consumer confidence on a record high right now and high consumer confidence tends to drive copper usage up as they buy their electronic goods. China has recently picked up too. It's just a matter of time before copper hits a new high. The only thing holding it back at present are high reserves, but in the next quarter they are likely to reduce significantly. I believe those with patience in copper mining stocks will be rewarded. I hold both KAZ and AAL and will continue to hold long.

[smurfy2001] 28/3/2017 20:19

4 Reasons Why Copper Prices Are Set To Spike

[manics] 28/3/2017 19:14

Let's hope for a repeat of the auction excitement last week (only, without the pull back).

[topazfrenzy] 28/3/2017 19:09

Copper and the Dow soaring

[racg] 28/3/2017 17:26

If tomorrow is not a strong up day, I am the proverbial monkey's.

[nicksoj] 28/3/2017 14:35

What a ride Kaz is!Copper is currently a conundrum imho.Hold on tight or you may die....

[rampant_bull] 28/3/2017 12:43

Waiting on the sidelines to buy more

[topazfrenzy] 28/3/2017 12:36

Forward PE on TD Direct is showing 4.62 for 2018, cheap or what!!!

Also, the broker forecast is for a dividend of 11.6p for 2018

[topazfrenzy] 28/3/2017 12:33

Retrace here healthy before next leg up, should surprise everyone waiting on the sidelines once copper play is hot again, fundamentals intact unless the world goes into recession.

[losses] 28/3/2017 10:38

What was the PE when it was 70p?? Did see people posting values then.There will be profit taking as this has gone up loads... still think it will be 600-800 year end though... so maybe an excellent time to buy back in... Goldman Sachs also saying year of the copper is 2017/2018

[ljhrunner12] 28/3/2017 10:06

At this level we're trading at a P/E ratio of 14 for 2016 and projections for 2017 and 2018 of 8 and 6.5. Either this business is screwed or we're significantly undervalued.

[umitw] 28/3/2017 09:15

Hopefully this is support level. Seems to close gap up much faster than down gaps!

[teamwork1] 28/3/2017 08:27

Copper is up we need a good push today.

[ljhrunner12] 27/3/2017 19:32

Although we're not quite at your 420-430 target plastow we're closer than I believed we would be. Hats off to you for calling this one. Hope it doesn't fall too much further though.

[rampant_bull] 27/3/2017 18:41

Got to be way oversold today. Ftse down 40 points and us markets recovered lost ground. Bet it doesn't recover 7% tomorrow though

[rampant_bull] 27/3/2017 17:36

Copper now rallying back above 2.61 and Dow and S&P recovering also.

[losses] 27/3/2017 17:30

We have a very interesting piece for you today that looks at copper mining in Chile and how recent government legislation means the richest copper deposit on earth is now open to business. The incredible thing is that instead of going with the majors, the mining rights have gone to a small and relatively unknown miner that has one of the best stories going for any resource stock. Please read below for the full story.Goldman Sachs Backing A Copper Boom In 20172017 is shaping up to be a game-changing year for copper, with Trump's $500-billion infrastructure plan, booming Chinese demand and the recent interest rate hike from the Fed, copper prices are soaring. And for this little known small-cap miner on the verge of discovering the world's largest deposit, the timing could not be betterThe place to be for copper's 2017 bull run is Chile, where Arena Minerals Inc. (TSX:AN.V; OTC:AMRZF) has gained access to one of the largest copper land packages in one of the world's hottest copper regions ever...and they've got the cash, experience, and local team base to do it.Not only has Arena managed to get its hands on a massive property that was a highly sought-after piece of copper territory by many major miners in the world. There's a sudden new urgency to boost mining-from copper and gold to lithium -and the venue is fast become a foreign miner's best friend.In the meantime, while major miners like BHP Billiton, Rio Tinto, Glencore and Anglo American lost nearly $20 billion in core earnings as commodities plunged in 2014 and 2015, 2016 saw a turnaround, and 2017 is all about the bull-here's why:China copper demand is again on a boom swing. It happened in 2004/2005, when Shanghai inventories rose above the London Metal Exchange (LME) inventories, which is the world's standard. A massive bull market ensued-and the same thing is happening again, right now:Trump's $500-billion infrastructure plan has already driven copper prices up, and coupled with Chinese demand, this has real staying power. Continued workers' strikes at major copper mines are further boosting prices.The Fed raised key interest rates after a two-day policy meeting last week, and this has weighed on the dollar and benefitted copper prices, making it one of the best stocks to add to an investor portfolio right now. We're going to be short on supply, and the shortage is expected to become evident in the first half of this year, where we could see a repeat of the 'China boom' of 2005-or even better. Goldman Sachs reaffirmed its bullish stance on the red metal and warns of a serious supply risk which could possibly lead to an aggressive price spike.