Member Info for Roydon1

There is def. something going on here !!
I never seen this before
Someone (or something) is keeping this SP down by selling every time it starts to creep up.
I hope they runout of shares to sell soon
Remember, you cant Buck The Market, many tried before and failed.

There is a buy of 25000 at 10:06 followed immediately by a sell of 13000 at 10:07
is it the shorting or something else ?

I noticed there is a big sell after each big buy
Any one noticed that too ?

Great recovery today, also it did break the down trend of the last 5 days.
If I read the chart correct, then we will have a big rise tomorrow !
Fingers cross
GLA

Chartist2 :

There is something fishy with shoes trades
.The sellers are determined to keep the SP down, very obvious !

And why would any one buy 1 share, then 2, then 1, then 3 !!!

Looks like some sort of a coded message.

Someone just bought 20000 shares
it wasn't me !!

Upward and Forward :)

Someone is deliberately selling to keep the price down
They will run out of shares soon !!

An Extract from a good article :

"Rising output :
My final potential blockbuster is Kaz Minerals (LSE: KAZ). Last week, after several years of restructuring the business, it declared its first dividend since 2012. This announcement has helped restore confidence among investors who have been questioning the group’s decision to pay $900m to acquire a Russian copper project from Roman Abramovich.
Despite shareholder opposition, management believes this deal has legs and is a vital part of the group’s long term growth strategy. I’m inclined to side with management on this one. Over the past five years, executives have proven they know how to handle the business. After investing $3.5bn in two major copper mines, Bozshakol and Aktogay in Kazakhstan, production in 2016 leapt 73% to 140,000 tonnes and is projected to hit 300,000 tonnes for 2018.
For the full year, analysts have pencilled in EPS of $1.40 giving a P/E of 5. In my opinion, the stock is worth significantly more"

I wouldn't take any notice of the last few.

I looked into most of the previous ratings, and almost all of them are way under valued the SP !

So, it is just History repeating its self !

"The Group may acquire or dispose of assets and businesses which fail to achieve the expected benefit or value to the Group. Changing market conditions, incorrect assumptions or deficiencies in due diligence could result in the wrong decisions being made and in acquisitions or disposals failing to deliver expected benefits. The Restructuring was effected under the laws and regulations of Kazakhstan which are subject to change and open to interpretation, including the legal and tax aspects which could give rise to liabilities for KAZ Minerals. The Baimskaya acquisition represents a material transaction for the Group"

Does that means they can change their mind about this project ?
I wonder if they will make an announcement on that next week !

Thanks Bottled !

I think I will be holding for the next 5 years, this stock is going to be a Gold mine .

Question :
Who will get Dividends ?
Any one holding shares today ?

No matter what every one comment on the copper price now, or on Kaz SP now, here is the facts of our world that will happen in the next 2-3 years :

Demand for copper will increase as the whole developed world move to Electric Cars.
Demand for renewable energy will increase.
In the mean time there is a limited resources of Copper in the world.

So, whoever got these resources will be a winner
I would think about it this way, rather than trying to analyze a macro situation !

The end game will be that the demand for Copper will greatly outgrow the resources , and the prices will go UP no matter what.

Reached very low levels, they started buying in now.

I suppose this will support the copper price.

Copper is $2.73 at the moment .

I can see the SP will continue to rise up to £7 by Thursday.
If the results on Thursday will be good, which I think will be, then we will see gradual rise to £8
Specially if the Dividends start again.
In my opinion, the Results Announcement on Thursday was designed to balance any sharp drop in the SP as a result of the Acquisition announcement, Just think about it !
Finally, from the chart point of view, it would make sense if there is a "Gap Up" to balance the "Gap Down" that happened when the SP dropped.
Of course, I might be completely wrong, but I would like to know others opinion any way !
By the way, I have a long position, and will hold all the way up to the top (where ever it is )
Good Luck all holders.

I am having a guess here :
V. good results
Dividends
Both
Roll on Thursday
GLA

From -1.5% this morning to +2.63% now, although copper is down !!

I wonder if it is to do with what to be annonced on Thursday !

You are going to miss the boat busy writing about " Kaz is Languishing at this level" !!