Kaz Minerals Share Discussion Threads

[racg] 22/8/2017 12:49

Take that self doubt and misery!

[racg] 22/8/2017 12:49

Thank you, your order has been executed:
Sold 10000 KAZ - KAZ MINERALS PLC ORD GBP0.20 at a price of 777p

[smurfy2001] 22/8/2017 11:10

Lovely rise tracking a 330% return on my original investment :)

[patience a virtue] 22/8/2017 09:35

Kaz doing well as expected, now only need the oilers to perform too!

[manics] 22/8/2017 09:08

Marshall Wace autism and aspergers heavily triggered this morning.

[loss-leader] 22/8/2017 08:22

Copper at $3. ll

[arja] 22/8/2017 07:40

often best to do the opposite of what analysts say and they only affect the share price for a day or so normally .

[racg] 21/8/2017 16:12

Retreat, retreat....

[fruitninja84] 21/8/2017 14:51

Looks ready to breakout and attack £8 imo. Gla.

[patience a virtue] 21/8/2017 14:08

Copper is attacking to pass $3 per lb.

[racg] 21/8/2017 12:52

Attack, attack!

[losses] 21/8/2017 07:58

Copper up 1.25%... miners should do well today.Can see Kaz going for 750 attack possibly.

[bigbigdave] 20/8/2017 07:59

Why I’m Finally Buying Copper Stocks

[racg] 19/8/2017 06:28

Very fair summary. Methinks £20 highly improbable but I would not be complaining. Hehe.

[kenmitch] 18/8/2017 19:52

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.

[berber1] 18/8/2017 18:04

Whatever IC say the opposite will happen. As for D.B, never trust their analysis. Follow the trend

[carl79] 18/8/2017 17:35

People do irrational things. I've seen analyst sell recommendations all the way from 150 to 700+. Most have been wrong... Even short term...

[ali47fish] 18/8/2017 16:57

how do people with knowldge of the company take deutsche banl and investor chronichle saying sell- most reports say copper should rise in the medium term?

[arja] 18/8/2017 16:16

one of the few mining stocks to hold up well today after the dip below 700 !

[racg] 18/8/2017 10:49

I wouldn't mind selling some today if we hit 7.60 - not likely but optimism my forte

[topazfrenzy] 18/8/2017 09:18

Copper and gold flying again

[smurfy2001] 17/8/2017 15:57

Nice video's on the kaz site.

[patience a virtue] 17/8/2017 15:54

From telegraph, dividend next year:
"....FTSE 250 copper miner Kaz Minerals hailed the doubling of its output in the six months to June 30, thanks to the opening of two new mines. The Kazakhstan-based company said its strategy to spend heavily on new mines during a downturn was finally paying off, as it reported a near-tripling of pre-tax profits to $240m. Revenues more than doubled to $837m.

“We are the only company in the industry who has delivered their results as per guidance for 10 years in a row,” said Oleg Novachuk, chief executive, who added that Kaz would consider reinstating its dividend next year, after a five-year suspension."

[napoleon 14th] 17/8/2017 14:04

Added on the dip.
£15 target agreed.
Don't want a divi with these share price rises. Would prefer KAZ to reduce debt by 50% over the next 2 or 3 years if copper holds up/goes higher.