Member Info for Ken23

Ffs I just read that CAML have suspended their next divi to conserve cash it came out this morning in their results

Broke through the support so it may go back to 4750 before any further movement north and it could stay in this 4700 to 5000 range for quite a long time with the current virus problem.

Coppers just hit the bottom support line on the ascending triangle formation at 4813 I’m hoping this will hold or not drop below 4800

Scoop, looking like we now in for a sihite opening it’s got a lot worse as the night went on but at least coppers holding ground and slowly improving over time.
On 19th March this year copper hit its lowest level 4371 and that coincided almost exactly with the low if 11january 2016 at 4335 since 19th March it’s gradually improved even though there’s been some half tidy swings and the same happened in 2016 it lasted for around 8 months through till end September the swings getting tighter and tighter in their range then boom October it took off.
My gues is that we’ve seen the lowest copper will go at 4371.

On the Fibonacci retracement graph I got set up over a 4 year period copper retraced from 100% at a price of $7347 a ton on 7June 2018 down to 0 % at a price of $4371 on 19th march.
Well that amounts to 2 years up and 2 years to come back to zero and I’m banking on a similar scenario happening again.

I’m not exspecting this crap to go away for quite awhile and it will probably be 2 to 3 years until copper zinc and lead improve in price by 60 to 80% from here but I can wait.

Shoot me down in flames if you think my theory is crap I’m always open to good constructive criticism that’s how we learn and gain knowledge in life.
Well 32mins to the off good luck all.

Well I did expect copper to fall a touch in open in Asia but it’s fairing fairly well at moment still hovering around 4900 the same price as when Uk market closed yesterday.

Footse futures currently down 1.77% or 100 points but it’s early days we still got 6 hours for that to change.

Another thing I forgot to mention is the company is really a youngster as it’s only been listed for 9 years but if you look at it’s divi payments over the past 5 years they’re very respectable.
They also mine zinc and lead, now all these commodities are at a real low at present and I recon 3 years from now they will be well up from today and this company will be at least double what it is currently and still paying a great divi return on the way.

Just my take on it but always do your own research and I know you will breathe your a good man.

With regard to CAML it’s to do with their market cap and size of the company why they’re not in ft 250 they’re currently ranked at 450th in the index and haven’t really changed in rank position since last reshuffle but their profits are brilliant even in 2016 they made good money and maintained a good divi payment which in my opinion is the sign of a well run setup.

The copper they produce isn’t mined it’s reclaimed by processing dump material from an existing mine that was years old so with today’s technology it allows them to extract all the copper from the dumps that weren’t extracted with old processes so they don’t have the large overhead cost of digging big holes in the ground.
They have enough dump material to keep them going for over 20 years.

I hope that’s given you a little inf in the company however you may already know this if you’ve had a good read up about them.

ATB
Ken

A spurt hit 4970 luvly jubly

Scoop I kept a note of when I started moving my money out of glen and into KAZ and I’m currently 19% better off than had I left it in Glen .
I still hold some Glen but think I will be moving them before the end of this week if they start to improve slightly more than KAZ then I will switch to either KAZ or CAML

Billy that’s a big holding roughly 175k shares, look I know you bought at a low price and scalped it billy but it’s still hard to stomach look I’m bout £180 k down so we all in same boat just keep strong, you have to in times like this.

Hey look my old CAML They doing very well no where near like glen in fact they’re a fuquing minoes but I have confidence in this company I currently hold ove 50 k shares in it, just look em up and read about them their profits are fantastic every year.
I would never bullsihite on this board as we have a very respectable team here.

But wherever you go from GLEN Please let me know cause all the technical stuf and brains on this board from people I’ve interacted with for nearly 2 years Is very good.

You get the odd fekin idiot now and then but we all can sus them out strait away and I cant help just to tell en to fuq off but that’s me builder capacity surfacing then haha I just can’t help it.

Billy, I know it’s cost me as well obviously not as much as you but nevertheless it’s still a loss.
Just look on the bright side one day we’ll meet for a pint together then we can just **** Glenda together and give her some real verbal abuse for her turncoat attitude towards us loyal supporters

Billy doesn’t he make pickles

Coooer up $90 in last hour do you recon it’s China figures that’s done as they were better than exspect Ed or this new test from Abbot labs

Ffs coppers just bounced off the top line of the triangle @ 4920 and it’s holding nice one

I’ve no idea what a sidling is but they’re that as well

They try to smother the decision with a load of sihte about their credit facilities and good cash flow, look they’re playing a tactical delay game and I bet my bottom dollar we will be lucky to get fekin 10 cent divi this year so fek then I’m ofsky to collect the wee divi from KAZ bollllaks to them sidling fekin twats

DT I’ve done the letter changing for you CCCCCCCU,,nts

George is that 100% sure divi stopped from GLEN ffs that’s it next decent opertunity all mines going in KAZ Fek them

My daughter in law works for this company

https://www.youtube.com/watch?v=9RwNtxvPMAA