Xlmedia Share Discussion Threads

[michaeljames1] 05/2/2018 08:56

Reading all of that just reminds me why I own a share, so easy to get caught up in the panic and sell when looking back long term I doubt I'll even remember this day.

[gargleblaster] 05/2/2018 08:55

Good summary bs. 170p is bang on the 2 year trendline - so any froth there was, is now out of the price. Great buying oppo imv!

[bad speculator] 05/2/2018 08:50

Seems a perfect short-term storm: - general markets down - share price down after prolonged upwards move - raised cash so diluted EPS until eventual acquisition's benefit come in - big shareholder reducing, with millions of shares likely sitting behind the order bookBut mid to long term? Brilliant stock:- reasonable/low PE- no debt / net cash- consistent double-digit growth- dividend- strong management- earnings-enhancing acquisitions on the way- news likely in the next 1-2 months (full year results + acquisition)Now ask this:- what's your investment time horizon (days/weeks vs 2-6 months and beyond?- for current holders, are you prepared to see your paper profits reduce / show a paper loss?- are you over-leveraged?I'm a holder, both long-time in ISA and recently added spredbet - so this is painful, but have high conviction after reseaching this and OK to ride the bumps. Topped up just now

[oneillshaun] 05/2/2018 08:44

i am also guessing that as Ory just bought no announcements will be made in the near future on any new deals.

[malcolmmm] 05/2/2018 08:41

Market correction under way in the overvalued USA so we are all clobbered for the time being. I think it will get worse but will rebound in a few weeks

[oneillshaun] 05/2/2018 08:39

This is painful not even Ory's 100k buy make me feel any better after going all in a 198p.

[bc4] 05/2/2018 08:37

Down 8% on only 300,000 shares says it all!

[croasdalelfc] 05/2/2018 08:37

Bought too soon as usual!

[the juggler] 05/2/2018 08:35

I might get my buyback at 155 today after topslicing the other day.

[martinthebrave] 05/2/2018 08:34

The January Placing created 7.8% more shares therefore the EPS growth dips by that amount. Hopefully, earnings enhancing acquisitions from the cash raised will more than compensate.

[pazzuzu] 05/2/2018 08:30

I'm at the point where I ask myself what have I missed.

[croasdalelfc] 05/2/2018 08:17

Bought at 1.7495 bargain price

[martinc] 05/2/2018 08:17

Tomstone: the future rate of growth in broker forecasts has been cut to very pedestrian rates. I have no idea why but if future growth is slower, then the present value is also lower.

[tomstone12] 05/2/2018 08:14

market is an odd place. company delivers every period, says they are ahead of expectations, keeps to that. CEO keeps buying and everyone drops it...

[panic investor] 05/2/2018 08:13

The DJIA did go down slightly on Friday you know :-/

[jgoold] 05/2/2018 08:12

Stopped out of my last chunk at 1.80 but will be back at some point when the dust settles.

[pshevlin] 05/2/2018 08:06

Didn't seem to make any difference down 5 already

[joe moat] 05/2/2018 07:16

Ory added in. Good sign

[mount teide] 02/2/2018 23:17

L2 - Cantor have been sitting on the Offer since the placing - they appear to have a large line of stock they are still yet to clear.

[michaeljames1] 02/2/2018 15:38

Interesting read MT, will look into it, cheers.

[mount teide] 02/2/2018 13:48

MJ1

The shipping and industrial metal/commodity sector made a bottom together in 2016 after a brutal 7 year recession which saw the Baltic Dry Index drop a staggering 98% and saw most shipping companies and the mining sector brought to their knees - went in very heavily in these sectors during H1/2017 and continue to average up as the recovery strengthens.

Unlike previous mining sector recessions some industrial metals at this early stage of the recovery like Zinc and Copper are already in deficit with warehouse stocks at or close to decade lows due to mine closures, bankruptcies, Glencore's smart use of shut-ins and a near 70% drop since 2013 in capital expenditure developing new production. Exploration has dropped by nearly 90% over the last half decade.

Add into the mix global GDP forecasts recently getting uplifted by the IMF to nearly 4% for 2018 and 2019, together with the US announcing a record programme of tax cuts and the announcement yesterday to open the capital expenditure floodgates on an unprecedented scale to rebuild their crumbling infrastructure.

Add in the rapidly growing demand for industrial metals from the electric car and renewable energy sectors and India with a population almost identical to China (1.4 billion) commencing a huge countrywide infrastructure modernisation programme.

Collectively, what you get is the perfect storm brewing for many years of strong demand.

Central Asian Metals (CAML) is probably one of AIM's greatest success stories and certainly one of its best kept secrets.

CAML raised $60m at IPO in September 2010; after paying the 2017 dividend CAML has since returned during a 7 year mining sector recession an astonishing and unprecedented $100m to shareholders in dividends and share buy-backs.

Shareholders have received an incredible 60% of the IPO price in dividends and seen some 200% capital growth DURING a severe, more than half decade long mining sector recession.

CAML is a very rare bird indeed in the mining sector - an incredibly well managed, low operating cost, high cash generating, high dividend paying copper/zinc/lead producer which has demonstrated to the market it can make serious money even in the depths of the longest and deepest recession to hit the sector for decades - a recession so brutal it saw mining sector titan Glencore lose 85%+ of its valuation, suspend the dividend and heavily dilute its shareholders with a huge placing to strengthen its balance sheet.

While all this carnage was going on little CAML sailed serenely on and acted more like a dividend paying, safe haven, heavyweight FTSE company should act during a recession than ANY of the so called dividend paying, 'safe' haven FTSE heavyweights actually did!


AIMHO/DYOR

[michaeljames1] 02/2/2018 13:24

MT, I see you post regularly on TAP as well and find your posts useful. If you don't mind, what other shares do you own?