Kaz Minerals Share Discussion Threads

[tygarreg] 14/11/2020 08:50

Not due until April or May

[dvb99] 13/11/2020 16:25

interesting - Samson Rock Capital increased their position via CFD to the tune of 365,000 shares!

[loss-leader] 12/11/2020 21:22

Is there a dividend to come which would take npv above 640? LL

[amunro] 11/11/2020 19:26

Wow this could get really interesting! 640 being the offer price which has already been reached.

[montyville2] 11/11/2020 14:33

I reckon a revised offer is on its way

[tygarreg] 11/11/2020 13:20

Wow 640 now. Looks like something is happening! The battle is beginning.

[tygarreg] 10/11/2020 23:52

Volume today was enormous. All sorts of positions being strengthened as shares snapped up. Plenty of big buys requiring declaration rns'sWhat is going on?

[tygarreg] 10/11/2020 13:52

Price edging over 631 to tease out a few sellers. Will we be rewarded with a bigger offer? Maybe 4 (8.50) or even 5 billion (10.65). That would be better!

[zangdook] 10/11/2020 08:21

The offer document says they need 75% of the shares voted (not shares in issue) at the Court meeting, and the buyers can't vote.
We'll see. I would have thought they would have sounded people out before launching the bid.

[tygarreg] 10/11/2020 08:07

That's how I read it.

[jwafc] 10/11/2020 07:52

So they need 75% of the shares not in their hands to agree?

[tygarreg] 10/11/2020 07:40

It may get interesting!

[tygarreg] 10/11/2020 07:40

According to your link, they need 75% of other shareholders to approve and novachoj and Kim are excluded from the vote?

[zangdook] 10/11/2020 07:33

A 3.3% shareholder is mentioned here. It makes it less certain but if he can't build a coalition I guess he'll have to throw in the towel in the end. It'll be interesting to watch as the story develops.

[zangdook] 10/11/2020 07:21

What makes you think it may not be sold?

I thought my earlier comment reflected near certainty but by all means call it doubtful if you've learned something new.

[tygarreg] 10/11/2020 07:02

Looks like blade runners analysis may turn out to be correct while zangdook created doubt. I guess time will tell.

[tygarreg] 10/11/2020 06:58

Were we conned into selling? It sounds like it may not be sold after all as it was undervalued. Luckily I only sold half of my holding and bought some stocks which were big climbers yesterday with the proceeds! I wont be selling my other half!

[coldjoe] 30/10/2020 10:12

ARS has to have bigger upside than CAML or Glen, at least have a look... 60mil mcap and will get 50mil in cash from the deal and 22.5% of 500mil IPO company

[jwafc] 29/10/2020 20:24

Agreed tyga. Whilst not the result I wanted it has at least freed up some cash for other opportunities.

[tygarreg] 29/10/2020 16:42

Big question in my mind is it better to cash in now and buy todays bargains or wait until mid winter when they might be even cheaper. On my pondering list are Aviva, BP, Glencore, Vod which are my safer bets and then Cineworld, RTN, Easyjet and Carnival- they have to survive covid but if they do, could multiply.

[tygarreg] 29/10/2020 14:08

Any thoughts on Glencore?

[zangdook] 29/10/2020 12:35

I think I mentioned CAML yesterday

similar points
- copper in Kazakhstan
- undervalued at present

dissimilar points
- pays a good dividend (it was stopped but they say they're about to reinstate it)
- much smaller company
- also has a lead / zinc mine in N Macedonia

edit - I didn't read the post above carefully. It may not be ideal trading material but still worth a look IMV.

[aalli] 29/10/2020 12:28

I jumped out at 627 yesterday. Must say KAZ has been very good to me in the past and even in recent times. Now looking for a similar mining co. to trade.... any thoughts?