Ripley94
05 Aug 2019
Reverse takeover CAML… XXXX Cheaper today buys @ 194.5p… ex dates divs date April & Sept .
Ripley94
26 Jul 2019
Reverse takeover CAML… XXXX Dropped below 205p toady . Last lse chat 16 days back … "good div " ( ex 25 April 2019 )
Ripley94
12 Jul 2019
Reverse takeover CAML… XXXX Cheaper now 205p … volatile
Bowman
19 Sep 2018
CAML - Interim Results The 2018 Interim results was released this morning. [click to view]. The first positive is that there is no decrease in the dividend. The remaining financial data all appear to be quite reasonable. Although there is a reduction in cash, the group debt has also decreased. The current commodity prices are a concern going forward, but CAML appear to be weathering this particular storm well at the moment. > Financial summary • H1 2018 dividend of 6.5 pence per share (H1 2017: 6.5 pence) • Group gross revenue of $102.4 million (H1 2017: $38.6 million) • Kounrad C1 copper cash cost of $0.53 per pound (H1 2017: $0.45 per pound) • Sasa C1 zinc equivalent cash cost of $0.44 per pound (FY 2017: $0.44 per pound) • Group EBITDA of $64.6 million (H1 2017: $24.3 million), margin of 63% (H1 2017: 63%) • Profit before tax of $38.4 million (H1 2017: $20.7 million) • EPS from continuing operations of 16.37 cents per share (H1 2017: 13.77 cents per share) • Group cash balance as at 30 June 2018 of $40.4 million (31 December 2017: $45.8 million) • Group net debt as at 30 June 2018 of $125.2 million (31 December 2017: $136.1 million) The markets seem to be looking kindly on these results today, with the sp up 3%.
Ripley94
15 Aug 2018
Reverse takeover CAML… XXXXX b bands show its been heading down wards and the share price has gone through lower one today . @ 219p be interesting to see if it falls further.
shieldbug
15 Jun 2018
Ii not showing the correct price London Stock Exchange shows a closing price of 267.50. Interactive Investor showing price o 275 tonight. Would be good to try to restart the CAML discussion here but as usual ii is the story not the market.
myepic
30 Apr 2018
Re: The Beaufort Saga??? Yes , choosing to trade with a fragile broker is not high on my smart moves list Still don't understand why this is on a single equity specific thread
charlie51
30 Apr 2018
Re: The Beaufort Saga??? If you hold your shares in a segregated nominee account (supposedly safely), particularly if it happens to be through a minor, rather fragile broker, then you should be very concerned at the precedent this move - if PWC are successful - could have on your wealth should that broker go into administration. At that point no matter what share you hold you will find it particularly interesting - think on it. The point being made is not specific to CAML, but to trading in general across shares and cash.
myepic
30 Apr 2018
Re: The Beaufort Saga??? MMMM...Sounds interesting I'm not sure if I've missed something ...How does this relate to CAML ??
charlie51
29 Apr 2018
The Beaufort Saga Not sure if many are aware of the ongoing saga on the administration of Beaufort, but if not then this may be of more than passing interest. For the avoidance of doubt I have no holdings with Beaufort. I believe what is going on affects just anyone who holds stocks in nominee accounts and the implications for the outcome of this could be profound. Never did I believe that ring-fenced share and cash accounts were not secure. My enquiries of professionals in the City show that most of them were unaware that the loopholes now being exploited by PWC existed.The tone of the letters from PWC are dictatorial and very much as if the power of the administrator is absolute. There is not a hint of contrition nor question as to their perceived right to take cash and shares that never belonged to the two Beaufort companies they are winding up.Surely, the FCA or the administrators should have immediately appointed another broker to take over the client accounts? They admit these are more or less complete and untouched. A number of companies expressed interest in doing just this. Quite why client portfolios are not in the care of another broker is unfathomable - other than it is clear that PWC, with the seeming complicity of the FCA, had decided on where they intended to get their staggering fees (upto £100M is mooted by them) from: the supposedly segregated client accounts.PWC have stated that anyone with a holding of more than £150,000 in cash and shares will probably have some of their assets (upto 40%) taken to pay for administrators fees and other costs. This would not be the case if the administrators were dealing with nearly all other kinds of companies. They would not be able to unilaterally raid the segregated assets of the innocent.Not only will Beaufort clients suffer - so too will the taxpayer. The FSCS will pay up to £50,000 to compensate or partially compensate most clients. There are some 17,000 of them. This is a huge, unnecessary bill for the taxpayer to pick up and is the result of ineptitude by the FCA from the outset. It represents staggering waste.The administrators propose appointing a committee of clients and have called a meeting to discuss this and other matters on May 10th. It should be an interesting session. Creditors and clients at the meeting may well reject the administrators’ proposals to take money and shares from clients’ accounts. Then PWC will have to go to court. This would delay proceedings further. Innocent clients will then have to wait even longer than the given date of September as the earliest month when they might be able to have what is rightfully theirs back under their control.The administrators must not be allowed to have their way. Segregation of assets is fundamental to the security, wellbeing and working of the private investor community and ultimately a significant part of the City and economy. To not respect it in the full and absolute raises issues with very wide and negative ramifications. Clients unwittingly placed faith in Beaufort and if this raid of value takes place then all trust from the private investor community in the sanctity of holding their investments in nominee accounts will be trashed - as possibly will be some of the utility of CREST. If the administrators get their way then for security reasons investors would be better off demanding paper certificates and holding these themselves – as a number already are.The reputation of the FCA is deservedly low. To have a body of such ineptitude playing a key role in an economy so dependent on the financial sector is a travesty. Should you feel strongly on this I urge you to write to your MP and please disseminate the issue wider.
Oofy Prosser
13 Apr 2018
Results Very good results. This is a great company, very well run.I expect steady growth of the share price, and the sp.Tuck away, and buy on any weakness.Good weekends all,
swiftbird
10 Jan 2018
Share price movement Some diabolical movement the last couple of days. Shaking out the non-believers. The market is really treacherous and I'm packing it in. Kiss my starfish.
Oofy Prosser
21 Nov 2017
On the up Market starting to latch onto the potential of the acquisition here.I thought £3+ for sure when it was announced, so pleased to see.The dividend policy, once translated, will also help the re-rate.I'm holding on for a while here, but a strong buy for those with funds looking for a growth story, metal play and steady income.GLA
daverob82
07 Nov 2017
Lynx Acquisition Completed RNS this morning - all went through quickly post-EGM.Good news in my opinion for continuity.
penhome
29 Oct 2017
Re: Updated chart Closed down on 50% Fib with falling upside momentum – now would be a good time to try to push higher[link] this is helpful. It's just my opinion based on what I think the chart is suggesting. This is always a balance of probabilities so my opinion can be wrong and other analysts may have differing views.
