oldjoe1
31 Aug 2017
Re: 1200p on the cards for KAZ Minerals?????... YIKES....KAZ Kaz Minerals UPGRADE......Kaz Minerals PLC KAZ Jefferies International Buy857.00 824.00 750.00 1,000.00 Upgrades SP Target £10
II Editor
29 Aug 2017
NEW ARTICLE: Trends and Targets for 30/08/2017 " GOLD (COMEX:QO) It's easy to forget about Gold - we've two Golden Retrievers and neither ever bring any back! But the price of GOLD has recently started exhibit signs of waking up with the result short positions are liable to melt away. As ..."[link]
oldjoe1
29 Aug 2017
1200p on the cards for KAZ Minerals?????? KAZ Kaz minerals starting to come to life. Needs to push on in the next couple of days and it could be through resistance and 1200p coming.
letsmakelotsofmoney
28 Aug 2017
Courtsey of Manics from Advfn [link]
letsmakelotsofmoney
26 Aug 2017
CU Stockpiles [link]
5 Iron
23 Aug 2017
Re: RNS 22nd aug Broker I see this going up and up. It could double again from here! I sold some at 6.50 but only a quarter of them. Copper demand has come back and price has climbed. Production and efficiency keep getting better. Back to the heady days of £18? Who knows. Knowing when to sell is always a test of nerve!
darthtrader2
23 Aug 2017
Re: RNS 22nd aug Broker Yeah Darthtrader1 had a light sabre mishap.... I agree thats sensible, I have just seen this stock bounce up and down in the range, I thought it wise to trade.. it was fairly unwise as it turned out.. just like opening a light sabre the wrong way around..
sage in the hills
23 Aug 2017
Re: RNS 22nd aug Broker darthtrader2 .......(what ever happened to darthtrader 1 ?? !! )I know the feeling..... however , i have learned that lesson, and so what i tend to do is,....if i feel its potentially near a substantial peak, i only sell a half or even a third.....that way , i feel good about the profit and cash, i feel good about still having some of the holding,and i feel good that i can repeat the exercise again if indeed it does go higher still.SAGE
shugg1e
23 Aug 2017
Re: RNS 22nd aug Broker thats interesting i think a pullback is due copper had a good run and looks toppy dollar looks set for a short term rally.possible head and shoulders forming
darthtrader2
23 Aug 2017
Re: RNS 22nd aug Broker Thats what I thought when I sold a few weeks back for 5.50... I was wrong too... most brokers usually are. I hope it drops down again as selling was a big mistake I will be buying back in after... this has had a substantial re-rate given the price of copper, perfect storm for the stock with production on the rise. Breaks your heart when a stock is been in a trading range for ages, it peaks, you sell... then it breaks out the next day and re-sets the rules. Lets see if the copper rally slows.. May the force be with you
sage in the hills
22 Aug 2017
RNS 22nd aug Broker One broker says downgrading to hold/neutral& 18th Aug broker says only worth 500pSAGE
letsmakelotsofmoney
17 Aug 2017
Kazakhstan miner Kaz Minerals ramps up output, profits rise [link]
shugg1e
14 Aug 2017
Re: KAZ Minerals TIPPED.............. Not really tipped as it says it all dependes on the copper price which is blatently obvious.
oldjoe1
14 Aug 2017
Re: KAZ Minerals TIPPED.............. Off to a strong start to the week.
oldjoe1
13 Aug 2017
KAZ Minerals TIPPED.............. <b>Kaz Minerals offers a buying opportunity on this dipGary Newman | Sunday 13 August 2017</b>Kaz Minerals (KAZ) is a great example of the extent that commodity prices can effect larger miners, and the recovery in copper prices has seen the share price trading at multiples of where it was just 18 months ago.When copper hit lows of $2/lb, Kaz was looking very weak with large amounts of debt and was making a net loss, and as a result its share price was only at around the 100p level as recently as the start of 2016.That is in stark contrast to today, where copper prices are nudging the $3/lb level and the shares are trading at around 663p to buy, with a market cap of nearly £3 billion.Of course that recovery could reverse if copper was to plummet once again, but currently it is showing no signs of weakness, and in coming years many are expecting prices to strengthen even more.Having watched a share price on a company of this size rise so much in such a short space of time, I can see why some may have concerns about buying shares at current prices, but recently it has shown a fairly strong uptrend from the high 400s it was trading at towards the end of June. At the end of last week it did experience a fairly sharp drop, with nearly 10% wiped off over the space of a couple of days, but rather than viewing that as a sign of weakness, I see it as offering a buying opportunity, even if just for a trade.Interim results, up to the end of June, are out on Friday, and given the level copper has been trading at during that period I would expect a fairly decent set of financials, certainly showing an improvement on the previous ones.We’ve already had the production report for that period, which showed that production more than doubled to 118kt as the result of a ramp up in operations, and Q2 contributed 66kt to that total, showing the continued growth that is being achieved from its operations in Kazakhstan. Full year guidance is for 225-260kt, and the company is on track to deliver that.It wasn’t just copper which performed well for the company, with gold production also more than doubling to 93koz, and given current strength in prices for the metal, that bodes very well for the future.The Aktogay operation has performed better than had been expected and we should see a strong performance in H2 which will put the company online to achieve the 65-85kt that it is hoping for.Bozshakol has also seen rapid production growth and is expected to be at full capacity in H2, as well as having had a large increase in the amount of gold it is producing.Its other operations at Bozymchak and East Region have seen a reduction in copper and zinc output, but are still inline with guidance, and silver and gold are expected to be towards the top end of expectations for the year.During 2016 the company generated revenue of $766 million and that resulted in a net profit of $177 million, despite copper prices being generally weak, as a result of significant cost reductions.One concern you might have here is the level of debt, which stood at neary $2.7 billion at the end of 2016, but the company does seem to have that under control and recently extended its pre-export finance loan facility maturity until June 2021, as well as increasing it by $600 million – at the end of 2016 it did have over $1.1 billion in cash and equivalents, although that would have reduced due to capex on operations in the meantime.The success of Kaz moving forwards really all comes down to the price of copper, and if, like me, you are still bullish on the metal, then I think this company is well worth a look at the current price, although should copper start to take a tumble I’d be looking to get out, as it is very geared towards that.[link]
