sidak
27 Aug 2016
HOCHSCHILD shares are undervalued JP Morgan 16/08/2016: Hochschild Mining "is inexpensive versus peers".Investors Chronicle 17/08/2016: Hochschild Mining "is priced at a significant discount to sector peers."
Nige the snake
26 Aug 2016
good buying oportunity with the recent drop Im convinced they will head north next w
woodee
25 Aug 2016
Re: Hold on guys..... Wow!!! shugg1e I admire your optimism. Who knows, you could be right 3 to 4 years is a long, long time. $100 for silver and $5000 for gold may be possible. If things get bad, investors hold as a store of value and if it booms people buy luxury goods. HOC, FRES and CEY have done me very proud so far. Lets hope the trend continues.
shugg1e
25 Aug 2016
Re: Hold on guys..... Yellens speech tomorrow afternoon eastern time will be pivotal on the short term movement of gold and silver but longer term 3-5 years it's heading to $100 which will propel HOC to around £45 a share.
Rhigos
25 Aug 2016
Re: Hold on guys..... Since beginning of August silver has fallen in price 10% which is a good explanation as to why HOC closing SP has fallen 13.8%. FRES has fallen a similar amount. I was wondering if worth buying now but it is all a gamble on silver price, which is impossible to predict with any accuracy.Investors who took profit when SP was above 300p were being smart, regretting not doing same myself, would have sold some if I had a larger holding. Fingers crossed that silver moves up in price appreciably soon.
woodee
25 Aug 2016
Hold on guys..... ..some of the big guys, who got it all wrong, like JPM need to stock up at a lower price. Sold half mine at 305.5. Now back in at 257.8. HOC is one of the "best in class" and will be back at 300 p soon. GLAH.
Rogadar.
25 Aug 2016
Re: HOCHSCHILD share price to soar? Maybe, this is the case of ''sell on the good news'', who knows, anyway summer is over and heavy guns should be shortly back in the office, waiting for September to see movement in SP
pete011111
25 Aug 2016
Re: HOCHSCHILD share price to soar? Probably not today either! Maybe one should always do the opposite to analysts advice.
Rogadar.
24 Aug 2016
Re: HOCHSCHILD share price to soar? not today, in any case
sidak
19 Aug 2016
HOCHSCHILD share price to soar? Following even better than expected results on 16/08/2016:JP Morgan 16/08/2016: Hochschild Mining "is inexpensive versus peers".Investors Chronicle 17/08/2016: Hochschild Mining "is priced at a significant discount to sector peers."
Mr Millionare
19 Aug 2016
Re: RNS comment HOC Swings back into profit Ended the week at 312p, a solid break over 300p. In the face of a falling silver price I think that's a pretty impressive result.Should silver reverse and head back over the 20's I think we are looking at an easy 350p possibly 400p even in the short term. It's all down to the price of silver now.
Rhigos
17 Aug 2016
JM Morgan analysis of HOC [link] above link:JP Morgan was impressed by the results and the much improved leverage, but said "one wrinkle" was the indefinite permitting delay at the new Pablo vein, "which we believe may negatively impact plant utilisation and unit costs in 2017", but said on its revised forecasts "HOC is inexpensive versus peers".Seriously thinking of topping up. Looks there is at least another 20% upside in SP over the next 12 months, providing price of silver does not fall sharply.
Mr Millionare
16 Aug 2016
RNS comment HOC Swings back into profit This is the news we've been waiting for. A number of years of loss making resulted in some big losses on the HOC share price but the debt reduction and improvements in efficiency as well as the POS increasing have delivered HOC back into profit.I think there was an expectation of this news hence the significant share price rises in recent months, however it's early in the UK market and once the market digests the news I would expect to see another big rise during the rest of the week. If the price of silver holds up, might we expect 350p plus by the end of the week? Quite possibly. Technically there doesn't seem to be much holding HOC back from further gains. Lets have a strong and sustained break through 300p and away we go, next stop 500p but perhaps not for a few months yet.
Nige the snake
16 Aug 2016
RNS results Great News Should break through the £3 mark todayHochschild Mining plcInterim Results for the six months ended 30 June 2016 Strong financial resultsRevenue of $339.3 million (H1 2015: $190.3 million)1Adjusted EBITDA of $170.3 million (H1 2015: $39.3 million)2Profit before income tax of $60.3 million (H1 2015: $43.4 million loss)Adjusted earnings per share of $0.05 (H1 2015: $(0.09))3Interim dividend of 1.38 US cents per share ($7 million)H1 2016 operational delivery ahead of expectationsH1 2016 AISC per silver equivalent ounce from operations reduced by 27% to $10.9 exceeding guidance4Inmaculada AISC per silver equivalent ounce significantly below guidance at $8.2Half year production of 17.0 million attributable silver equivalent ounces exceeding guidance5Balanced gold and silver production profile (51% gold/49% silver)Improved financial positionCash balance of $102.8 million as at 30 June 2016 (31 December 2015: $84.0 million)$70 million of debt repaid year-to-date (as at 16 August 2016)Net debt of $266.5 million as at 30 June 2016 (31 December 2015: $350.5 million)Net debt/Annual adjusted EBITDA of 1.0x as at 30 June 2016 (31 December 2015: 2.5x)H2 2016 OutlookRecord attributable production target increased from 32.0 million to 34.0 million silver equivalent ouncesAISC now expected to be $11.0-11.5 per silver equivalent ounce (previous guidance of $12.0-12.5 per ounce)Capital Markets EventCapital Markets Event to be held on 6 September 2016 in London $000, pre-exceptional unless statedSix months to 30 June 2016Six months to 30 June 2015% changeAttributable silver production (koz)8,2106,26531Attributable gold production (koz)11841188Revenue1339,277190,25978Adjusted EBITDA170,28539,306333Profit /(loss) from continuing operations35,994(37,750)195Profit/(loss) from continuing operations (post-exceptional)37,744(43,885)186Earnings per share ($ pre-exceptional)0.05(0.09)156Earnings per share ($ post-exceptional)0.06(0.11)155 Commenting on the results, Eduardo Hochschild, Chairman said:"Our long term investment strategy has now started to deliver strong results with an impressive operational performance combined with more positive precious metal prices which has in turn led to our re-entry into the FTSE 250. The Company has returned to profitability, materially reduced its debt position and is investing primarily in brownfield growth. In this constructive environment, the Board has decided to pay a dividend of 1.38 US cents per share, representing approximately 25% of net earnings, which we believe is an appropriate payout at this early stage of the cycle."__________ __________ __________ __________ __________ __________ __________ __________ A live conference call & audio webcast will be held at 2.30pm (London time) on Tuesday 16 August 2016 for analysts and investors. Details as follows:For a live webcast of the presentation please click on the link below:[link] Conference call dial in details:UK: +44(0)20 3427 1900 (Please use the following confirmation code: 6331446). A recording of the conference call will be available for one week following its conclusion, accessible from the following telephone number:UK: (0)20 3427 0598 (Access code: 6331446) The On Demand version of the webcast will be available within two hours after the end of the presentation and is accessible using the same webcast link.__________ __________ __________ __________ __________ __________ __________ __________ Enquiries:Hochschild Mining plcCharles Gordon +44 (0)20 3714 9044Head of Investor RelationsHudson SandlerCharlie Jac
Jay053
10 Aug 2016
Miners to explode Some might be interested in this Im not usually into TA, as its hard to prove in a "manipulated" physical market.But there are more signs this leg up in miners and physical is far from over.Video gets interesting around 9min in.[link]
