Member Info for the_shareminator

And sell on results :)

Caledonia's Dividend Policy Caledonia's strategy to maximise shareholder value includes a quarterly dividend policy. In 2014, the Company paid an annual aggregate dividend of six Canadian cents (CAN$0.060) per common share. The first quarterly dividend was paid on 31 January 2014 and subsequent quarterly dividends were paid at the end of April, July and October 2014, at the end of January, April, July and October 2015 and at the end of January and April 2016. On 16 December 2015 Caledonia announced that henceforth it will report its financial results in United States Dollars, commencing with the results for the quarter and 12 months to 31 December 2015 which were released on 21 March 2016. The dividend paid at the end of January 2016 was therefore denominated in United States Dollars at 1.125 United States cents per share. It is expected that the increased dividend of 5.5 United States cents per annum, paid in equal quarterly instalments, will be maintained. Caledonia will continue to maintain its strong financial position so that it can implement its stated growth strategy without the need to raise third party finance. Effect of the re-domicile from Canada to Jersey, Channel Islands On 19 March 2016 Caledonia re-domiciled from Canada to Jersey, Channel Islands, after which dividends paid by Caledonia are no longer subject to Canadian withholding tax. The dividend paid at the end of April 2016 was the first dividend that Caledonia paid as a Jersey-domiciled company and was paid without the deduction of Canadian withholding tax. Following the re-domicile of the company from Canada to Jersey with effect from 19 March 2016, the dividend is no longer eligible for the purposes of the Income Tax Act (Canada). About Caledonia Mining Following the implementation of indigenisation in Zimbabwe, Caledonia's primary asset is a 49% interest in an operating gold mine in Zimbabwe ("Blanket"). Caledonia's shares are listed in Canada on the Toronto Stock Exchange as "CAL", on London's AIM as "CMCL" and are also traded on the American OTCQX as "CALVF". At 31 March 2016, Caledonia had net cash of US$8.8m. Blanket plans to increase production from 42,800 ounces in 2015 to approximately 80,000 ounces in 2021; Blanket's target production for 2016 is approximately 50,000 ounces. Caledonia expects to publish its results for the quarter to 30 June 2016 on 11 August 2016. I can't even get a quote online this morning but can see buys at 78 being pushed through

RNS Number : 2108D Caledonia Mining Corporation PLC 05 July 2016 Caledonia Mining Corporation Plc Caledonia declares an increased quarterly dividend (TSX: CAL, OTCQX: CALVF, AIM: CMCL) 5 July 2016: Caledonia Mining Corporation Plc ("Caledonia" or the "Company") today announces that the Board of Directors has declared an increased quarterly dividend (the "increased dividend") of one and three eighths United States cents (US$0.01375) on each of the Company's common shares. The increased dividend represents an annualised dividend of 5.5 cents per share and is an increase of 22 per cent from the previous annualised dividend of 4.5 cents per share. The relevant dates relating to the increased dividend are as follows: · Ex-dividend date for shares held on the Canadian register: 13 July 2016 · Ex-dividend date for shares held through depositary interests in Crest in the UK: 14 July 2016 · Record date: 15 July 2016 · Dividend cheque mailing date: 29 July 2016 Shareholders and depositary interest holders who are registered in Canada and the UK respectively will be paid in Canadian Dollars and Sterling, respectively. The Canadian Dollar and Sterling dividend payments will be calculated using the relevant Bank of Canada exchange rates at noon on the record date. Chief Executive Officer, Steve Curtis, said, "The declaration of the increased dividend reflects the Company's confidence that its earnings and cash generation will increase. "In late March 2016, production started from the Blanket ore bodies below 750 meters following completion of the No. 6 Winze. In March 2016, the decline development into the AR South ore body below 750 meters was also completed and further improved Blanket's operational flexibility. I am now increasingly confident that the projected production targets of 50,000 ounces in 2016 and 65,000 ounces in 2017 will be realised. "The planned increases in production in 2016 and 2017 are expected to result in a lower average cost of production as fixed costs are spread across an increased number of gold ounces. Approximately 80 per cent of Blanket's costs and 100 per cent of Caledonia's costs are fixed and the marginal cost is approximately $160 per ounce. "Notwithstanding the increased dividend, Caledonia intends to retain a robust balance sheet so that it can take advantage of further investment opportunities." Please see link below to access an audio interview with Mark Learmonth, CFO, discussing the increase in dividend. https://www.youtube.com/watch?v=m2G1CYLG7xI

Back in again today. May return a solid percentage from this level 12 months down the line :)

Nice summary cielo102, those results are as predicted some of the best MBO have released to date. The official operating profit is below my expectations however looking at the changes to assets held, in particular net debt reduction it has been a stellar year for MBO! This will need further analysis of the figures to better understand the rate of growth during the last 6 months of the year but it bodes well with the company expecting an improved trading period during 2016 and as we all have witnessed the strengthening of the ringgit. All business is transacted using the Ringgit (RM) however presented in Pound Sterling (£) for the financial statements. So the current market value here looks very cheap given the virtual increase in asset value and the profitable results from operations. "Assets and liabilities are translated into Pound Sterling (£) at foreign exchange rates ruling at the Statement of Financial Position date. Results and cash flows are translated into Pound Sterling (£) using average rates of exchange for the period". The FY15 results - assets and liabilities will have been based on the rate in December 2015 - 6.33 - results and cash flows from the average rate during the 12 months - 6.2 approx The HY16 results to come in September - assets and liabilities will be based on the rate in June 2015 - 5.39 - results and cash flow from the average rate during the 6 months - 5.80 approx

Well no dividend despite making £5.6m profit after tax allegedly..

zatcha1980 - the FY results last year will be very different to this year so I'm confident we will turn headline operating profits of £600,000 (profit after tax is less important). Also significant will be the net debt position but expect it to reverse to net cash surplus during H116 with results out in September. The company have now disposed of their loss-making ventures and written down assets, stripping out excessive waste and are beginning to gain traction in the domestic market with operating profits booked in the past three periods. Whilst MBO has seen it's net asset position (in particular non-current assets) fall as a result of failed ventures abroad it has responded well looking to capitalise on domestic share and expand its business through profitable trade. As a result, operating profits are improving, free cash-flow is helping to reduce the net debt position very quickly and the company are in a position to boost revenues through existing market places as witnessed in H115.

Late surge today 28-Jun-16 16:26:33 4.0402 28,000 28-Jun-16 16:25:13 4.2173 35,355 28-Jun-16 16:23:24 4.038 25,000 28-Jun-16 16:23:22 4.038 20,000 28-Jun-16 16:21:52 4.0317 20,000 28-Jun-16 15:50:36 4.2188 12,000 28-Jun-16 15:24:33 4.2498 10,588 28-Jun-16 15:22:09 4.2188 19,817 28-Jun-16 15:05:16 3.9998 12,500 and volume recorded on ISDX bodes well 28/06/2016 16:27 28,928 @ 4.05 28/06/2016 16:22 47,194 @ 4.219 28/06/2016 15:23 37,500 @ 4.031 28/06/2016 15:14 35,000 @ 4.031 28/06/2016 15:12 15,761 @ 4.188

Weak trading update yesterday but arguably this drop was overdone! Tempted to buy the bounce

Incredible fluctuation will result in higher revenues, profits and asset figures once adjusted for FOREX. I can't stress enough how much of a big difference this will make for a tiddler like MBO that has yet to attract crowds and as we have seen moves on little volume. http://www.xe.com/currencycharts/?from=GBP&to=MYR&view=2Y

All out of RRS now also. An incredible ride to this point but like yourself I fancy SLP results to dazzle!

Looks bleak if you held on. Cannot see upbeat forecasts being released to break this trend. Would not touch until the company release guidance.

Trading is still very quiet, results day soon and limited stock available it would appear given the MM'S continue to move this up on each trade 24/06/2016 16:09:03 MBO 3.99 O 52,381 24/06/2016 16:05:45 MBO 3.94 O 24,889 24/06/2016 14:23:03 MBO 3.70 O 50,000

Haha uncertainty reigns supreme! On the point of BREXIT, our assets have just surged in value. The MYR to GBP exchange is back to very attractive levels and I expect this to take effect in the HY16 results to be released in September

The way I see it now, and how others saw this from the start (kudos to them) is that this is a 'distressed takeover'. The Board are willful participants in this debacle. Shareholders are exiting because the BOD's position appears to be weaker every time they extend. Holdings of 3-4% changing hands off market it would appear is yet another mark of this being purely in the interest of a few. So boycott the stock until the company come round to balancing all shareholders interests. Results will be rather good in my view but don't expect that to influence the trend here.

Yes that's correct cielo, glad to see you're excited too The charts show that trading activity picks up around end of May, beginning of June time normally as the Final Results date approaches and that happened again this year. Volumes only a few years ago were higher and back then shares changed hands for around 3-5p. This was a period of growth but the company were loss making. Now they are turning much more and are profitable. We are on the verge of seeing regular trading I hope :)

Nice move higher today. Welcome to the fun DrMaccers.

90p cheap? Perhaps just fear of BREXIT but then even if we remain, likely lacklustre results will keep this low for the foreseeable. Safer stocks to play at the moment...

Current weakness down to BREXIT and general summer weakness... the logic being people go out whilst the weathers nice. Shares rise towards the back end of the year as people become hermits during the winter? Still think there are too many issues with this company so wouldn't recommend buying yet

As low as 27.5p last week before Director change. Sound message that has resonated and encouraged some buying but it looks expensive once again. Next set of results will shed more light on the losses. "I am very proud of ATTRAQT's development and growth. The Company has delivered strong financial and operational progress, establishing itself as a leading technology platform for e-retailers in the UK and internationally. As a shareholder, I have complete confidence in the management team and its ability to take this Company through the next stages of its development. It is companies like ATTRAQT that push the boundaries of technology innovation enabling their customers to be more efficient and drive increased sales. ATTRAQT illustrates Britain's tech credentials and reinforces our ability to compete in the global technology marketplace."