Member Info for Roydon1

UBS Buy 800.00
Peel Hunt Buy 710.00

Looking very good !

I wonder if todays big rise is a Prelude to something tomorrow ?
Let wait and see what will be revealed !
Fingers crossed.

Looks like the Investors are reacting very well to the RNS, after digesting it .
Good news !
Lets see if it will be confirmed in the next few days.
Well Don KAZ , and GL Holders

Thanks Causal, Good Article !
As I said earlier, this is just a passing cloud, I know, I didn't sell in time to take advantage of this big drop, and kicking myself for that , but I am not worry about the share prise, it will rise again to at least what it was if not more.

All The best

I really admire them for their hard work (Bravo)
Looking at that Twitter link, the time laps movie looks like a massive Ants nest at work !
I am sure that they would have build the HS2 in half the time too .
I am also sure they will control this flu very quickly.

Can I just add, that Copper price doesn't only depend on demand, but also depend on availability .
Now, if you have people working in mining, smelting etc.. going sick with flu , or cant reach work because of limited movements and transport, then you have created a deficit in production .
I think this side of the Copper cycle is more important than the consuming part, because there are less people working in it
How many copper mines in China in comparison to how many Industrial production factories that use copper in their products ? 1 : 1000 ? maybe more
Just think about it !
There will be a big shortage of coper supply
That is all my opinion of course (delusional or whatever !)

Katnick :
You ask me to read on it, I did :
"Fortunately, the virus seems to cause only minor symptoms — such as fever and difficulty with breathing — in people who are young and healthy. Most of the 41 deaths tied to the coronavirus to date have been in people who were at least 50 years old with underlying medical problems or weakened immune systems, Chinese officials said. "
"In fact, it’s possible that hundreds or even thousands of people in China and elsewhere have been infected but have had such mild reactions that no one even noticed, said Dr. Tom Inglesby, director of the Center for Health Security at the Johns Hopkins Bloomberg School of Public Health. Some might have fought off the bug without showing any outward symptoms at all."
"If this were a Hollywood movie, now would be time to panic. In real life, however, all that most Americans need to do is wash their hands and proceed with their usual weekend plans.
“Don’t panic unless you’re paid to panic,” said Brandon Brown, an epidemiologist at UC Riverside who has studied many deadly outbreaks."

How about if you read about it !!

Just compare the infected and the victims numbers so far to the usual numbers every winter from the flu, and you will know it is a Hype
And it is far less serious than SARS , it is just a bad flue, that's all
most of the victims are old age or already weak with other issues (lung , heart etc..) .
Just read about how many people die every year around the world from flue .
As I said, the Market is looking for stories, and unfortunately, there isn't any other stories (Trade war etc..) to react to.
Soon there will be a new story for the Media to latch on, and this one will be an old one.
Shorters are having a party :)

The Flu business will become an old story in few days , it is all media hype , and they will find a better story to sell in a week or so.
KAZ is well under valued, and with the help of some good results for Q4, it will pull back to £6 +
Fingers crossed .

Very Interesting article about the relation of Copper price to the Chinees economy in recent years, and prediction of what it will be in the future .
https://www.kitco.com/commentaries/2020-01-15/Red-metal-rising.html

Hafeez,
Something else that happened last week on LME , suddenly there was almost 50% increase in their stock pile after it was compeletly almost depleted !!
I find this very strange , how can this happens in just ONE day , and who control this , because it is one of the reasons that Copper price slumped sharply .
I would be very interested to know the answer to this question if any one knows .

Thanks Auto, Good writing .
I think @hash sold out and moved on !

Auto,
That would be great, and I actually wonder if there is anything in the pipe line, because this drop was so overdone, also KAZ price in the last few weeks was on the low side, from experience, that is what usually happens before a big rise.

Fingers Crossed

Hafeez,
They always say "Past Performance is not an indicator of future Performance", but just look at Kaz past couple of years, it is littered with huge ups and downs, and I don't think this will stop to be the case in the future.
I hold a big chunk too, and I am not worry, I am angry because I missed a good chance to sell at 580, but I am not worry.
KAZ will go up and down many times to come in the future, and there will be many more opportunities to make up for any loss, that is if we learn from the passed lessons !

Regarding the big drop because of the Chinees flue, I agree that there is a Technical element there, and there was no other big stories for the market to worry about, so they used this as an excuse.
I bet you if this would have happened when US and China were signing the Trade agreement, then no one would have worried about the flue, it is just bad luck that it was the only story going around the traders.
Also don't forget that the Dow and other indexes are at all time high at the moment and people are getting nervy of sudden correction, so you will find many investors "Trigger Happy".

Give it a week or so, and the Chinese will come out with a good announcement that every thing is under control
Also, I reckon KAZ results for Q4 (30/1) will be good, and will push the SP back up to mid 600 again.

GLA

Auto,
Yes, there is always more posts whenever there is a big fall or a big rise.
But what I noticed is that there were more regular posters here before, and I wonder if they sold and moved on .
I don't blame them !
This share can be very stressful some times !

This is clearly an over sold situation and a panic selling .
Someone started running towards the exit doors and created a stampede.
Once there will be a good announcement, then there will be another stamped to buy back again .
Just human nature !
I am staying put , and will start topping up .
GLA

Hafeez1 ,
I have been scratching my head, looking for a cause to this drop, but cant see any !
The only thing that I can do is just wait
I am now regretting not taking profit when it hit 580
Another lesson to learn with this share .

On the Daily Chart, we are just about to have a "Gold Cross" , where the 50 day MA cross the 200 day MA upward.
Last time this happened was in April 19 , and it pushed the SP from 600 to 750
The time before that was back in 2016, and it generated w huge left upward for the SP.

Lets wait and see what will happen !

GLA

Copper futures gains 0.17% on low inventory, more upside likely
https://www.moneycontrol.com/news/business/commodities/copper-futures-gains-0-17-on-low-inventory-more-upside-likely-4812721.html

Just my limited knowledge observation !
KAZ Daily Chart now formed a nice "Flag" shape
According to my research on this, it is a bullish sign, that if breakout upward, then it would go to around 650
Just my Opinion
GLA