dj_420 said:CBH is showing a lot of support from 40 cents right up to 43.5 cents. is CBH going to start moving again, zinc price has risen and is looking stronger every day. just waiting for ann that CBH is back to full production.
Tetrahedrite said:Does anyone care to speculate on the reasons for today's run? Is it the finalising of the TKR deal, the iminent return to full production at Endeavor, or something else?
dubiousinfo said:Announement from CBH stated TKR shareholders would be allotted their shares by close of business on Thur 5 Oct, so TKR shareholder selling may start Fri 6 Oct.(see YT's post #206)
I think I will look to sell into this rise & hopefully buy back in at a lower price after any selling is flushed out & we have seen what October has in store for us.
rwkni1 said:I guess that strategy makes sense, but it depends on the sort of uplift you think the company will receive from the announcement of full production. That news is also likely to come out not long after October 5th, and may negate all of the sell orders from ex-Triako shareholders. Also, you'd think that a certain percentage of those shareholders may do a little bit of research on CBH and come to the conclusion that it is hugely undervalued themselves.
kennas said:I agree that the ann to full production will benefit the sp and might offset the TKR shareholders selling. If they do.
I like the chart atm and thik $0.50 is achievable in the next few days, pending commodity stability.
Long term it's still trending up.
michael_selway said:Earnings and Dividends Forecast (cents per share)
2006 2007 2008 2009
EPS -2.8 12.2 17.1 17.2
DPS -- 0.0 4.0 10.0
New forecasts out
thx
MS
tasmanian said:gday kennas,
i checked its correct as of comsec website.not bad if it proves correct.div yield in 2009 at current pices would be over 20%.say u buy 50000 now.
if cbh does payout a 10c div holy smoke how undervalued is cbh atm???
cheers
tasmanian said:let us know what cbh say kennas id be very interested to know.
im already holding a fair whack but like you say buy 500k and that would give u a divie payout of $50,000pa.theres a fair whack of the ave yearly wage without even having to get out of bed.lol. i like the idea of that.
if the endevaour mine gets up too full production soon and sulfur springs not far away now as well looking good.have u been keeping an eye on zinc stockpiles?they are still dropping nicely.zinc is stil rising as well so alls looking good the sp of cbh is finally starting to reflect it as well.
might be getting close to top up time??see how next fri pans out 1st.but that div payout does sound too good to be true but sounds v possible to me.
cheers
kennas said:Will do.
It is a 2009 forecast. They could have the side of Endeavour fall in again between now and then!
kennas said:Can you check that pls MS?
EPS from 17.1 to 17.2 in 2008-09, but
DPS 4.0 to 10?
YOUNG_TRADER said:It would appear from the price action that the scoping study for the Open Pit Project over in W.A. is about to hit the mkt,
Lots of sellers around 50c ish level though
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