Member Info for Chartist2

Off topic:
Looks like it might be time to start thinking about derisking. Everywhere where we are exposed too much. Risky for profit taking could be all those shares that have been flying for months.
Wednesday rate hike by the Fed? I think they could leave them unchanged.

Still undecided about selling the majority of my holdings, because normally I fancy the Christmas rally... I think I just start topslice a little bit (wherever I still have a decent gain).

...and now, as the difficult times approach for the global markets (after months of steady rise in the US & UK), I am very curious to see how company directors will maneuver Asiamet through a monthlong bearmarket.

@Baht,
Just for the record or future discussions: 2018 has NOT been a bear market for the FTSE nor the Dow Jones. The bearmarket ("correction teritorry") is only starting now and in the next few weeks.
(Please dont say that the absolutely non-producing Asiamet is reflecting the copper prices!)

Or nice rice for New Years??

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Rise nice an steady till year end!

Looks all right, more or less. But to continue the rat-race the Sp would need to climb above 42.20p. Currently it keeps bouncing there.

Looks like company brokers and mm's are turning on the engines for buy-support. Nice chunky 500k buying!
Vol. Sold
2,015,488

Vol. Bought
3,947,649

bathit, good man, you are saying there is no responsibility for the Asiamet management? You suggest the company got into this mess purely because of external factors?
I don't think so.

IMO there is little excuse for such a rotten performance this year ("world class BOD"), while the main markets in New York, London and Asia have performed well throughout summer.

Didnt get this bit "patronize"? Is it better not to point to a misery if you see one?

Holding Asiamet long term...
Mate, I'm a new holder here. My fomer stake sold this summer during the 9.25 and 8.75p sell-alert (small profit from 7.40p). Later I bought around 5p, and just hold an expendable stake.
Even if I sell tomorrow, I will still write my opinion about certain situations. For instance the hidden trading pattern with a mistery seller who unloaded millions of shares since March 2018 ("forward selling").

That 528 support keeps nicely holding.
Next long term sell-alert only if the 517 support is breached / closing price.
If company directors call-off the russian deal, KAZ would spike to 900p tomorrow :))

When looking at the US market, I might sell a few more KAZ slices after the Christmas rally, as I still hold quite alot of shares. Better not be too exposed in these shakey times. Next year could be a difficult year for DJ and S&P.

'Hasina government are tackling the issue...'

Is it HE or SHE?
You still didnt answer, profitman.

This is just such a joke, sorry
Bid: 25.00

Now do something, GPback, before I get old! I'm already 39.
Remember your many duties as the resident super-ramper here :))

Profit man, was it in Bangladesh or in Pakistan, where repeatedly citizen (or tourists) have been chopped in pieces by a sudden street mob stirred by social media??

Like mentioned, the Sp would need to hold above 25.40p to trigger momentum and create a bullish platform for a substantial further rise.
Righ now its slightly holding, but the crashing US markets aren't helping, are they.

Credit Suisse downgrades to underperform with a target price of of 400p.
RBC Capital Markets reiterates sector perform with a target price of 590p.

Well, thats quite a difference, right?? Almost seems to me as if the kazach-russian clique surrounding KAZ Minerals has hurt a few egos in the swiss financial community? UBS had the same tune this summer...

From what I can read, since a few years Switzerland is trying to lower its dependence/connection to russian businesses. And if I look at Abramovich jetting nervously between London-Zürich-Monaco-NewYork since this summer, it almost seems to me as if those guys are withdrawing cash deposits :))

I think sooner or later CH might join global sanctions against Putin-Russia and freeze some of those gigantic deposits hidden in the Alps. Just my worthless opinion.

Profit_point, at the end of the day it is the share price that speaks the truth.

(And many of us would even agree and be happy if Gcm is simply taken over by someone ...for a much higher price than 30p.)

Spread: 2.00 Pence
Spread as %: 7.69%

MM's market makers I beg you!!! Have mercy on an old man and and finally narrow the spread (so I can finally trade this share :))

Embrace for 29 ish !

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TA very good signal if gcm holds above 25.40 untill the closing, which would signal a near term rise to 29.40p.

Mike, has the monthlong 100-150k seller returned?
I think it must have been a very smart guy :)) that he was able to sell automated chunks, starting this year March, for prices like 13, 12, 10 and 9p.

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17-Dec-18
11:49:34
3.92
100,010 Sell* 3.904.003,920O

Baht, it is very unlikely that Asiamets "outperformance", haha, has anything to do with Trump - or tariffs on US and chinese consumer goods!

Back in Nov and Dec 2017 this share already had difficulties to hold a normal day 12, 11 or 10p level, and simply kept dropping down to 8p.
- While Berenberg has been called in (and released a 18p price target) and helped one last rally to 14p,
- while company directors were talking about getting all ducks nicely in line, during WW challenging times,
- while grinning Stephen Hughes suddenly left the operation this year spring,
the share price has spoken the truth.

In my opinion it is company directors who are responsible for a vast number of mistakes:
- for instance by focussing too much on explore instead of solving some of the former projects,
- to underestimate the contracting copper market (which was already talk of the town back in 2017),
- not to inform investors about possible protests surrounding the newly aquired Beutong license(US$ 4mil)
- not to inform us at 10p that some more cash will be needed
- starting a desperate share issue AFTER this collapsed 60% from 10p down to 4p.

Many many management mistakes, that they are now paying for.

Yup! Usually where there was a price correction in the morning, KAZ saw sudden rebounds after 1 or 2 PM.

Haha!! This share has a history of 12 noon, lunchtime breakouts :))

Now make sure this Sp is maintained on the hourly chart - and no more pullbacks!

Well said, Baxter51! And nice to see us on todays winners - during a challenging day on the main markets.
TA very good signal if gcm holds above 25.40 untill the closing, which would signal a near term rise to 29.40p.

Bit silly:
Spread as %: 8.00%