Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Well, i posted the same question here about the continuing of declining forecast of HGM's earning, and i received the same comments. I think someone here regards him as an expert but wont be able to answer the question because he doesnt know the answer and too afraid to ask the question himself. Well done for asking. I noticed this as well while the other gold miners like CEY has the continuing increase of forecast in earning. I dont get it either
I think should be around end of april. The people in this board are a bit selfish. They dont answer your questions.
I also bought POG and it was not a bad call at all and today CEY also very good 16% up! I been looking at HGM very closely. What do you think about this company? When do they announce the financial result 2014 and dividend? perhaps around the 27th April 2015?
It is not Gold price i believe, for example Centamin and Randgold both showing a positive uptrend forecast from 2014 to 2016.
WONDERING WHY HGM FORECAST EARNING KEEP DROPPING FROM 2014 TO 2016?.ANYONE KNOW WHY? THIS IS A BIT WORRYING.. IS THERE SOMETHING WE DONT KNOW ABOUT? Year EndingProfit (£m)EPSP/EPEGEPS Grth.DivYield 31-Dec-14 28.138.65p4.0n/a-22%5.13p13.9% 31-Dec-15 25.597.87p4.4n/a-9%2.66p7.2% 31-Dec-16 18.995.84p6.0n/a-26%1.33p3.6% Highland Gold Mining Ltd. forecasts 33p3.6% Highland Gold Mining Ltd. forecasts
this is because i was buying! Joking. Lol
I dont know when the dividend result but we will receive the dividend around May (if there is any)
Hope we will see 50 and 60 soon before dividend date.
I hope good luck to us. Even i am making profits in investing shares but i have seen so many people keep buying to lower down their average but the shares keep going down to 99% over the years. POG is a very good examples. They ended up losing all of their hard earned money.
Yeah. I know but its quite frustrated to see the share going down, everyday apart from Saturday and Sunday!
Please, dont go down everyday. I am tired to see you go down everyday, constantly!!
Let me get this straight, i have been investing for years now so i can say i am a profitable investor. I think the sanctions on Russia will have more positive impact on HGM compare to negatives. a) NEGATIVE - the sanctions will definitely have impact on the financial markets. Businesses will pay more interest in their loans. HGM is one of these business. The business that involve in the importation section will be impacted on both cut of spending by Russia consumes, higher import costs and higher interest rates by the Banks. b) POSITIVE - The exportation business like HGM should get much more business and more profits as a results of falling Roubles. Though, they will need to pay a chunk of the windfall from the fallen roubles to the interest rate hike. Conclusion - the exportation companies will get the benefit from this crisis but the benefits will be half by the interest rate. Still, the benefits will slightly more than the negatives. The importation will have to double knives stab from front and back. The foreign shops will suffer from massive business reduction but i believe low impact as they are financed by the foreign banks. Drop of sales will cause most of the foreign shops close. The local importation companies will suffer the most, they have to suffer from both drop of sales and to pay more interest rates. So overall, HGM will not be affected by the sanctions and instead they can benefit from it after calculating both lower production costs and the hike of interest rates. Tell me if i am wrong. Cheers
1 week has 5 days. Hgm: 4 days down. 1 day up
I would love to see hgm go to 300 one day.
HGM can go up a lot more than 80. I think aim for 300 is achievable. Russia will increase its gold exportation to cover the weak oil price. Also, the current rouble also increase the profits. China economy downturns can drive up the gold price back to 1800 in less than a year. Also, as an investor, HGM is perfect. It offers both attractive dividend of current 11%. I am more than happy to take 5% of dividend if they company reduce to 2.5 cent a year. Still much better than the others. While keeping it, it will go up to 300C, just a matter of time. I hope within a year!! Its not a surprise for the company like HGM. For contrast, i don't think the company like Randgold can go up to 7x more while HGM is achievable. Russia is a country full of resources and its depending on it. China and russia ties are brother and sister and the Chinese like gold and they keep it for security. When the property in China drop, i cant imagine how many Chinese will be buying gold for the safe heaven!