CBH - CBH Resources

[tech/a]

Measured move

 

[nizar]

Michael I just checked the report on their website
http://www.cms.cbhresources.com.au/shops/cbhresources/catalogue/c9
Their current valuation is at 54 cents and 58 if the convertible notes are not redeemed... the 2.29 is at spot prices.
Check it out.
Some believe that Hartley's are conservative.

UBS forecast zinc prices to average $1.65 in 2006 and $1.85 in 2007

Some stocks take years for their value to be realised though...

 

[michael_selway]

For CBH I reckon $1+ by the end of this year surely, it will be the first to double from here out of ZFX and KZL and PEM imo...

Yeah it might, depends on zinc prices/LME supplies and whether they can get into full production as forecasted in Sep 06 Quarter

Out of those 4, imo in terms of reliability (risk) and potential

ZFX, PEM, KZL, CBH in order

But yeah these 4 are crazy not to have, should have at least one of them imo

thx

MS

 

[YOUNG_TRADER]

CBH heavily undervalued Zinc Player!!!!!!!!

Just bought today nearly $50k worth,


3rd Qtr Report should be out by friday,

Its one of the four major Zinc producers but its the smallest,

should be $1 by June!!!!!


Will post up more properly soon, along with an excel valuation

hmmmmm can it reach $1 by June still ? ? ?
I am not sure, but if it does , if not June probably Sept

 

[nizar]

hmmmmm can it reach $1 by June still ? ? ?
I am not sure, but if it does , if not June probably Sept

YT look at their website, there is a report from Hartleys valuing CBH at $2.29 on current spot prices..

Zinc and Copper are NOT at their highs IMO...

Nice to see zinc moving, was at 1.45-1.55 for a while, now smashed through 1.60... we know that when zinc runs, it can run (how quick was it from 89c to 1.40! the 2nd time around after the correction from 1.08 to 89c).... IMO zinc spot price maybe will be $2 by october when zinc LME supplies become very stretched...

 

[zoo]

cbh will open the old Sth Mine..previously MMM in Broken Hill. Approx 6 weeks time things will start to happen, using the decline and going over areas that havent really been worked a lot before as well. Visco Sulicich will be named the man in charge, fair to say that Vince Gauci, former head of MIM has been somewhat of a mentor figure to Sulicich over the years. Core samples are apparently good and with todays zinc prices, its a no brainer. This has been confirmed by two sources now, so its a goer and not just speculation..yep, I hold cbh...but as always, do your own sums guys. Cheers.

 

[YOUNG_TRADER]

YT look at their website, there is a report from Hartleys valuing CBH at $2.29 on current spot prices..

Zinc and Copper are NOT at their highs IMO...

Nice to see zinc moving, was at 1.45-1.55 for a while, now smashed through 1.60... we know that when zinc runs, it can run (how quick was it from 89c to 1.40! the 2nd time around after the correction from 1.08 to 89c).... IMO zinc spot price maybe will be $2 by october when zinc LME supplies become very stretched...

CBH is one of my big holds in portfolio, about 1/5th, so any rise towards $1 will be good, but I think its got so much more, like the hartley's valuation shows, at current spots $2+ well Zinc is almost @ $4000 US/t!!!!!!!!!!!!!!!!!!
As with copper the higher Zinc goes, the more rapid it rises will be, unlike copper Zinc's fundamentals are much much better

 

[zoo]

sorry guys, I should have said Sulicich is rumoured to have been approached to run the show....

 

[makeorbreak]

I have owned this stock since just before it tumbled to 6 cents and I still own it. I am now back in the black and considering throwing an additional $50K on it.

The drop in zinc prices over the past week has got me **** scared. BUt this stock is so undervalued I just hope things are going to get brighter. - SOON!

 

[zoo]

If your holding for longer term, imho you will be on a stock that will run very well. Lots in the pipeline, yes it has run hard from 20 odd cents. Use this weeks trading action as a learning tool, see how cbh handles it along with other similar coys.I sold but will look for lower entry levels.

 

[YOUNG_TRADER]

$30m funding from Zinc offtake to fund Brokenhill and Sulphur Springs you say?


$1.80 by October this year you say YT?

The next PEM/KZL/TZN type run up you say?

Whos listening

 

[michael_selway]

$30m funding from Zinc offtake to fund Brokenhill and Sulphur Springs you say?


$1.80 by October this year you say YT?

The next PEM/KZL/TZN type run up you say?

Whos listening

really $1.80 in 5 months how come?

also u left out ZFX in that list above

In the recent annoucement does it benefit ZFX in a way? or is it already been accounted for?

thx

MS

 

[kr1zh]

CBH Resources was down 2.5 ¢ to 48 ¢ and Triako Resources was up 35 ¢ to $1.72. Base metal miner CBH has made an off-market takeover offer for exploration and investment company Triako.

quote from AFR.com

 

[kgee]

adding gold to their resources...just more meat in the sandwich!!!

 

[boults_4545]

Down nearly 16% so far today, Any thoughts on where the bottom is? Is this likely to have anything to do with the take over?

 

[makeorbreak]

I reckon it has something to do with the falling zinc Price.
hoping for turnaround soon

 

[Warren Buffet II]

Another shock session for this stock, 15% down and will keep going down. Copper and Zinc down again today 3% to 4%.

I understand that some people prefer to invest in the very long term (Those are the ones that are not actively interested in this kind of forums as they do not care for the price and they are based on fundamentals) but there are people that invest in the short term and post everyday any change of the price (If they didn't have an stop price to avoid loses, they are in big trouble now). It is very likely this share will drop another 10 to 20% soon (tomorrow maybe up 4% next day maybe down 15%)

Stay tune for more entertainment.

WBII

 

[nizar]

I personally think the take-over was badly timed

If endevour catastrophe didnt happened, and they were flood with cash, then yeh, why not...

But all this take-over will do is eat into their cash and make them move NEGATIVE eps for this year.. TKR still a long, long way away from production

Just my thoughts...

 

[michael_selway]

Another shock session for this stock, 15% down and will keep going down. Copper and Zinc down again today 3% to 4%.

I understand that some people prefer to invest in the very long term (Those are the ones that are not actively interested in this kind of forums as they do not care for the price and they are based on fundamentals) but there are people that invest in the short term and post everyday any change of the price (If they didn't have an stop price to avoid loses, they are in big trouble now). It is very likely this share will drop another 10 to 20% soon (tomorrow maybe up 4% next day maybe down 15%)

Stay tune for more entertainment.

WBII

Yeah the thing is theres too many people on margin lending, bascially gambling everything to become rich, thus for them the need to quickly get out otherwise they will be in deep trouble. but these should only be a limited few

thx

MS

 

[zoo]

Just be patient guys, we all have been looking at recent share price strength as if it was the norm, well its not. CBH bolted from 20c area and will need to rebase around the high 20s imho. Great learning curve and brings everyone back to reality....the cheaper it gets the better it gets, so look on corrections as a good thing.....patience and trusting your investment style is the key. Cheers...30c would be awesome longtermer.