Randgold Resources Share Discussion Threads

[christh] 08/5/2017 16:27

michaelsadvfn 8 May '17 - 16:04 - 8335 of 8335

is that why you never learnt anything and always get it wrong?

[michaelsadvfn] 08/5/2017 16:04

I'd say £68 today, £67 tomorrow.

With 40 years of City experience, mainly in Gold trading, I'm the one to listen to.

[christh] 08/5/2017 15:52

£69 by the end of the day or tomorrow maybe £70

[christh] 08/5/2017 10:54

Blackrock has been buying gold stocks.
It has increased its stake on Fresnilo...SEE RNS

[christh] 08/5/2017 09:37

Today's News

Gold edged up on bargain-hunting after dipping to a seven-week low earlier in the session and as the euro strengthened after pro-EU candidate Emmanuel Macron won the French presidential election.

[christh] 08/5/2017 09:07

Company news
---------------------------------------------

Friday broker round-up
Randgold Resources: JPmorgan reiterates Overweight with a target price of 8100p.
5 May 2017 09:07

Randgold Resources posts 33% rise in Q1 profit 4 May 2017 07:40




Broker notes May 2017
Broker..................Date...Rating.......Assessment..Latest target....
Beaufort Securities 05/05..Reiterates......Buy..........8,000.00p
JP Morgan Cazenove 05/05....Retains.....Overweight.....8,100.00p
Jefferies International 05/05....Reiterates....Buy..........9,000.00p
Panmure Gordon..........04/05....Retains.......Buy..........8,309.00p

Broker notes April 2017
Goldman Sachs.........24/04.....Reiterates...Neutral.........8,000.00p
Barclays Capital......21/04.....Reiterates...Overweight......8,000.00p
Jefferies International..18/04...Reiterates...Buy............9,000.00p

All here

[christh] 08/5/2017 08:49

IC VIEW

With as many as three new mines set for development over the next 5 years, investors should not be surprised that Randgold decided not to match Centamin 's (CEY) recent 427% full-year dividend hike. A long-term strategy, which is based on a $1,000 gold price over the next decade, makes Randgold a decent long-term holding, but beyond our short-term confidence in the yellow metal, a 50% premium to Numis's core net asset value leaves little immediate room for error. Hold.

Last IC View: Hold, 8,010p, 5 Aug 2016


When gold production is a profitable enterprise, results day for the metal's miners should not throw up too many surprises for investors. Impairments and depreciation should be minimal and production figures should be known, along with trailing prices. So it proved with Randgold Resources (RRS), London's largest miner solely focused on gold, which capped a productive year with a 52% dividend hike to $1 (80p) a share.

With the gold price pushing above $1,220 an ounce on the morning of Randgold's full-year results, total cash cost guidance of $580-$630 for the coming year bodes well. This range, down on the 2016 average though ahead of the fourth-quarter figure of $549 an ounce, is predicated on a forecast capital expenditure of $300m in 2017, an increase of some 19%. Expected production of 1.25-1.30m ounces is marginally up on last year's comparative output..

Prior to these results, analysts at Numis were predicting full-year EPS of $3.19 and pre-tax earnings of $492m, against $2.56 and $391m in 2016.

[christh] 08/5/2017 08:39

Results for the 2ndQ are on 03 August 2017
The Q2 results will be released electronically on Thursday 3 August 2017 at 07:00

[christh] 08/5/2017 08:35

do your research here.
A very strong, robust,profitable year and more to come.

[michaelsadvfn] 08/5/2017 08:30

I was hoping to Double My Money In 7 Months but it doesn't look very promising.

Just saying like.

[christh] 08/5/2017 08:24

Gold up in the markets

Commodities Summary
Previous...............................Change
Oil 49.74..............................+0.34
Gold 1229.78.......................... +2.14
Silver 16.39...........................+0.07
LME copper 3MO $ 5537.00............. -48.00

[gilesgraves] 05/5/2017 15:13

Buying - just in case we get a little "Le Pen" surprise

[chinese investor] 05/5/2017 09:06

People are re-reading the RNS !
Up from here !

[christh] 05/5/2017 09:05

keep an eye on Vodafone...should rise to 220p...but be patient
slowly...slowly catchy monkey.

[christh] 05/5/2017 08:56

Professor,
is it the breakout you are looking for?

Are we heading to £75 in this quarter?

[christh] 05/5/2017 08:33

Randgold Resources Ltd

Investors chronicle say.....

[christh] 05/5/2017 08:28

..........Commodities Summary 5 May 2017

.......Previous..............Change
Oil.....47.20................-1.10
Gold....1232.97..............+4.47
Silver..16.44................+0.07
LME copper.3MO $5551.50......+8.50

[christh] 04/5/2017 15:45

Randgold Resources Timeline
Video March 03 2017 Randgold can push back towards £90, says Zak Mir

Article February 20 2017 Randgold Resources and Acacia Mining both ‘buys’. Here's why...

Video February 07 2017 Analyst tips Randgold shares to add 20% by April

Article February 06 2017 Randgold Resources sees profits jump as a result of higher gold prices and lower costs

Newswire January 31 2017 Randgold Resources overpriced according to Credit Suisse

Article January 30 2017 Randgold expects record production from Mali mine, but unrest hits Ivory Coast mine

Newswire January 10 2017 Gold and Randgold still long-term buys says Jefferies

Article December 16 2016 Selling pressure on gold "unlikely to become too aggressive", UBS asserts

Article November 21 2016 This is why Randgold is up strongly

Newswire November 07 2016 Randgold Resources worth 20% more - JP Morgan

These mid-program results demonstrate the potential the Wa Gold Project has to host shallow gold mineralisation.

No investment advice

Randgold Resources is a gold focused mining and exploration focused on discovering world-class gold deposits and converting them into profitable mines.

Major discoveries to date include the 7.5 million ounce Morila deposit in...

Read more

Market: LSE
EPIC: RRS
Market Cap: 6,160.69M
Latest Price: 6,555.00p (-0.83% Descending)
52-week H/L: 9,820.00p / 3,870.00p
Sector: General Mining - Gold

Related Video Randgold can push back towards £90, says Zak Mir
March 03 2017
Randgold Resources RNS announcements
2017-05-04 1st Quarter Results and Updates
2017-05-02 Changes to the board and board committees
2017-05-02 Non-executive directors award of ordinary shares
2017-05-02 Result of AGM
2017-04-25 Loulo-Gounkoto sets sights on another big year
2017-04-24 Randgold seeks to extend Tongons life
2017-04-18 Kibali heads for full production
2017-03-31 Total Voting Rights
2017-03-28 Notice of AGM
2017-03-28 Proposed dividend increased
2017-03-28 Randgold sustains quality of reserves & resources
2017-03-28 Strong performance, sustainable profitability
2017-03-17 Acquisition and vesting of shares by directors
2017-03-17 Holding(s) in Company
2017-03-16 Holding(s) in Company
2017-02-28 Total Voting Rights
2017-02-06 Timetable for payment of dividend
2017-02-06 Q4 results and updates
2017-02-03 Tongon on track to meet 2016 target
2017-02-03 Directorate Change

ALL IN HERE
www.proactiveinvestors.co.uk/companies/news/177308/randgold-resources-cash-machines-keep-churning-even-with-a-dip-in-production

[christh] 04/5/2017 15:38

Randgold Resources' cash machines keep churning even with a dip in production

Net cash rose 16% to US$600mln.
This week shareholders approved a 52% annual dividend hike to US$1 per share.

www.proactiveinvestors.co.uk/companies/news/177308/randgold-resources-cash-machines-keep-churning-even-with-a-dip-in-production

[christh] 04/5/2017 15:35

Randgold Resources - Strong year on year results

[christh] 04/5/2017 15:32

already gone.
but the next one will be in the next 6 months

[action] 04/5/2017 15:20

When is ex divi date pls

[christh] 04/5/2017 11:20

stewart64,

read the agm results.
the divi has been voted in for an increase.So you will be getting 2 divis a year,
an interim and a final.

read more here

[stewart64] 04/5/2017 11:07

Got stopped out on this share at 70.16. It's looking tempting to have another go, brokers rec strong, results strong. Don't think the company does itself any favours with the miserly div. There's probably a 4% in there without even troubling expansion since all Randgold do is hoard a lot of the profit in cash.

Also the share price makes no sense, it's fallen a quid but gold had remained the same around $1250. Price movements that are irrational make it one to avoid also.