1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.
  2. Dear Guest, we realise advertising is annoying, it is however necessary to help us be a sustainable resource for all, if you want to go advert free then please use the following link to subscribe for £5 a month: Click here
    Dismiss Notice

(CAML) Central Asia Metals PLC - Share Chat

Discussion in 'General Share Chat (CAML)' started by Makaira88, Mar 28, 2016.

  1. Makaira88

    Makaira88 Life's a beach ...

    Messages:
    783
    Reputation:
    891
    (CAML) Central Asia Metals PLC - current share price:165.25p

    CAML is an AIM-listed UK company based in London. Its countries of operation are Kazakhstan and Mongolia. CAML is a copper production and base metals exploration and development company with majority stakes in copper, gold and molybdenum projects throughout Central Asia (http://www.centralasiametals.com).

    Market cap: £184m

    Annual dividend yield: 7.26% (source: FT.com: http://markets.ft.com/research/Markets/Tearsheets/Summary?s=CAML:LSE)

    Investors Chronicle view: Income buy @ 162p (31 Mar 2015)
     
    Last edited: Mar 28, 2016
    mart101 likes this.
  2. Makaira88

    Makaira88 Life's a beach ...

    Messages:
    783
    Reputation:
    891
    Graham Hacker and mart101 like this.
  3. Graham Hacker

    Graham Hacker Moderator Moderator

    Messages:
    1,402
    Reputation:
    2,987
    One of the lowest cost of production in the world!
    No debt!
    $42m in the bank
    7.1% dividend!
    Very low PE
    Copper prices have been rising
    What more can you ask of a company - see latest Reseach below

    image.jpeg
     
    Makaira88 likes this.
  4. Magsy

    Magsy A Legendary Member

    Messages:
    109
    Reputation:
    95
    What's not to like.

    Thanks, Graham
     
    Makaira88 likes this.
  5. Mongoose82

    Mongoose82 A Legendary Member

    Messages:
    977
    Reputation:
    40
    Broker finnCap put out a note this morning:

    "Central Asia Metals has released results for the quarter and half year to 30 June 2016. Quarterly copper production was up 20% year-on-year at a record 3,701 tonnes (3,093 tonnes) and on a half-year basis, production was up 27% at 6,908 tonnes with sales up 24% at 6,355 tonnes. The company has reiterated production guidance for the year of between 13,000 and 14,000 tonnes. The Stage 2 Expansion project is on schedule for commissioning in Q2 2017 and is currently running below budget."

    https://www.research-tree.com/Company/GB00B67KBV28
     
  6. Mongoose82

    Mongoose82 A Legendary Member

    Messages:
    977
    Reputation:
    40
    "As of 30 June 2016, CAML had cash in the bank of $30.2m and no debt. The reduction of cash since 31 December 2015 is due to payment of the $12.5m 2015 final dividend, and capital expenditure to fund the Stage 2 Expansion project. Excellent record half yearly production and sales figures from the Kounrad plant, and the Company report the Stage 2 Expansion work is progressing on schedule and under budget. Central Asia Metals reiterate the 2016 copper production guidance range of between 13,000 and 14,000 tonnes. In H2 2016, the Company aim to complete Stage 2 Expansion works, which will be the last major capital programme required at Kounrad, and in addition aim to conclude the definitive feasibility study for Copper Bay. We believe the Company are being sensibly cautious on the guidance. If the Company pays its historic 30% of revenues in dividends then at 14.5p (12.5p, 2015 dividend) the yield is in excess of 9%."

    Note out from beaufort this morning: https://www.research-tree.com/company/GB00B67KBV28
     
  7. Graham Hacker

    Graham Hacker Moderator Moderator

    Messages:
    1,402
    Reputation:
    2,987
    Excellent update RNS output/sales at upper end of expectations - sorry can't upload details
     
    Makaira88 likes this.
  8. Graham Hacker

    Graham Hacker Moderator Moderator

    Messages:
    1,402
    Reputation:
    2,987
    The sudden rise in copper prices, together with CAML's increased production, a real beauty of a share has been created, not only the rising SP but quality dividend/dividend policy :)

    IMG_2923.JPG
     
    Makaira88 likes this.
  9. Magsy

    Magsy A Legendary Member

    Messages:
    109
    Reputation:
    95
    Thanks for highlighting this one some time ago. I agree everything is looking good here, especially with the outlook in copper prices.
     
    Makaira88 and Graham Hacker like this.
  10. Graham Hacker

    Graham Hacker Moderator Moderator

    Messages:
    1,402
    Reputation:
    2,987
    Times today - copper price

    IMG_2926.JPG
     
    Makaira88 and Magsy like this.
  11. Graham Hacker

    Graham Hacker Moderator Moderator

    Messages:
    1,402
    Reputation:
    2,987
    Copper continues to rise today - up 1.6% already!
    Edit... up 2.5%!

    IMG_2929.JPG
     
    Last edited: Nov 14, 2016
  12. Graham Hacker

    Graham Hacker Moderator Moderator

    Messages:
    1,402
    Reputation:
    2,987
    Another good year!
    IMG_3094.JPG IMG_3095.JPG IMG_3096.JPG
     
    Makaira88 likes this.
  13. Graham Hacker

    Graham Hacker Moderator Moderator

    Messages:
    1,402
    Reputation:
    2,987
  14. Graham Hacker

    Graham Hacker Moderator Moderator

    Messages:
    1,402
    Reputation:
    2,987
    Times today - CAML in the list of potential takeovers!

    IMG_3237.JPG
     
    Makaira88 likes this.
  15. Magsy

    Magsy A Legendary Member

    Messages:
    109
    Reputation:
    95
    Thanks, Graham. The news on this share gets better and better and the copper price keeps rising. Pleased I tucked this one away.
     
    Graham Hacker and Makaira88 like this.
  16. Makaira88

    Makaira88 Life's a beach ...

    Messages:
    783
    Reputation:
    891
    Wonder why Centamin are in twice? o_O
     
  17. Graham Hacker

    Graham Hacker Moderator Moderator

    Messages:
    1,402
    Reputation:
    2,987
    Probably done by the same bloke that did the oscars envelopes! :)
     
    Makaira88 likes this.
  18. Makaira88

    Makaira88 Life's a beach ...

    Messages:
    783
    Reputation:
    891
    You mean PwC aka. "PoopersCoopers"?! :)
     
  19. Graham Hacker

    Graham Hacker Moderator Moderator

    Messages:
    1,402
    Reputation:
    2,987
    Price has dropped to a point where I think it now represents good value, with the copper price remaining firm. Broker forecast sp's are higher (despite conservative estimates for 2017 copper production). Small top up @ 2.11 :)
     
    Makaira88 likes this.
  20. Groucho

    Groucho Member

    Messages:
    5,407
    Reputation:
    339
    15 March 2017

    CENTRAL ASIA METALS PLC
    ("CAML" or the "Company")

    Notice of Results


    Central Asia Metals plc (AIM: CAML) will announce its Preliminary Results for the year ended 31 December 2016 on Tuesday 4 April 2017.


    An analyst presentation hosted by Nick Clarke (Executive Chairman) and Nigel Robinson (CFO) will take place at 09:30 (BST) on Tuesday 4 April at Bell Pottinger's offices and will be accompanied by a live conference call.


    Anyone wishing to attend the presentation should email caml@bellpottinger.com in advance. The conference call can be accessed by dialling 020 3059 8125 and quoting the confirmation code 'Central Asia Metals Preliminary Results'.



    The presentation will be available on the Company's website and there will be a replay of the call available following the presentation at http://www.centralasiametals.com.
     

Share This Page