Member Info for Ken23

ZINC price is well down today this is whats pulling Glen a lot further down than KAZ

Craig don't touch TCG they in big shite very dangerous play that one just stick with KAZ CEY PMO GLEN these will all come good in time.

SCFC, I know there would be a loss if I sold some of my Glen holding but the way I see it all I would be doing is transferring position at the same price apart from the .5% stamp and my trade cost, KAZ is just as volatile as GLEN and they do move in the same direction over a period of time but I think KAZ is in a better position at this moment in time..

looking at the stats on KAZ with reference to share price gains going back over 12 months KAZ appears to have a much superior share price gain.
The other thing is that KAZ is a pure play copper miner and GLEN relies on Zinc quite heavily, Zinc has an oversupply at the moment so this will drag on Glen as well as them cutting coal production along with the baggage of the DOJ investigations.

SCFC, the way I look at it sometimes you have to take a loss to improve your position in the market which at the moment is pretty feked up, so all im trying to do is hedge my bets and I don't doubt GLEN will be back up above my average buy in price within the not to distant future but hope KAZ will improve in price a bit quicker.

By the way the iron ore price is well up in last 24 hrs so this is giving RIO BHP AAL good support and I feel is the reason they're up today.

Ye Glen even getting uts arse kicked today more than KAZ I would have thought KAZ to have tumbled more than Glen as copper price is down over $80 ton

Was 6114 at close of hour market last night bits now 6045 down $69 so looks like I might be selling a few glen and picking up few more KAZ

Craig, I took a few KAZ today just to get me foot in the door, I think it will be a great play over 6 to 9 months the divis shite but capital gain outweigh that.

Billy you need to get a grip we need your contributions in the day to keep us going now don’t let the fekin team down.
Get well soon haha serves yo fekin right for over indulging

Hey o told you about the high court judges a long way back in the posts having cream cakes thrown at their erectile falsies Jesus they’re all at it mate even the fekin clergy I’d fekin shoot the Bastos

Looks like billy had to take the mrs out sometimes that works out more expensive than trading.
How you doing billy hope you not got a really serious hangover lol

Scoop I have started the KAZ ball rolling I took 2500 shares tonight I just want to start very steady see how things pan out.
Theres fek all I can do about my position in Glen but if I can start to transfer some into KAZ at the right time then i will ,but it will take a lot of screen time to get the optimum changeover.

Scoop that's very true

HAHAHA no wonder Scoop now that's being a tad greedy with a 250 stock, sometimes even with GLEN ive had a fekin job to buy 10000 shares at time in rapid fire so 34k on KAZ I thinks abit optimistic but I suppose you have to test the water LOL

KAZ is coming back into line with GLEN so I may sell a few Glen later on if Glen gets a boost from yanks and leaves KAZ around what its at now.

Ffs scoop im up for that pubs a good idea suns out again.

Scoop did you try a fairly big trade with KAZ ? I just tried it with 3k shares and got a price strait away didn't complete the trade though I want it lower im hoping copper will drop off this after noon the only problem is fekin Glen and kaz run in tandem with each other so its hard to know when to sacrifice Glen.

I can most certainly see Kaz back to 605 quicker than Glen getting back to 305.5 but I’m going to hedge my bets and still keep some in Glen for now.

Craig, I’ve made my mind up I’m going to split my Glen pot I’m 8% down at mo so if I buy into Kaz at around the 558 mark I only need 605 to achieve 8.5% which will recoup half my Glen deficit at mo.

Craig, I do believe KAZ has stamp duty but the upside in KAZ I think far outweighs the gains that Glen will make in the months ahead if copper moves back up to the 6500 mark, also if copper goes to 7000 in a year then we could be looking at £9 plus easily.

With glen currently on a PE of 16.04 and KAZ on PE of 6.54 I can only see KAZ moving up much higher than Glen when copper improves.

No lads not been to pub today had to do a few things whilst the markets shite.

I have been doing a few calculations on the difference between Glen and Kaz.
Kaz is a pure copper play miner and I’m seriously thinking of splitting my Glen pot and buying Kaz as I think the zinc price has been holding Glen back and I feel copper will outplay zinc over the next 12 months.

They’re giving VOD some fekin stick again today Jesus it’ll be back to the crash of 2002 if it keeps going down at this rate.
Weathers supper in Kent and I see it’s bloody up at fort William.
I’m off to the pub garden for a pint it’s a bastard the pub being so near it’s 60 metres from me house.

Ffs guys that’s better I been busy this morning so not watching but it’s looking like an improvement I got most of my holding showing nice blue, I wonder if we’ve turned the corner yet.

Hooray he’s back, yes I think good days in fekin order Billy

Craig will that be dried sweat or some other sticky substance ?