KZL - Kagara Limited

[Out Too Soon]

Re: KZL - Kagara Zinc

Jabiru JML seems to be the only zinc stock that's still climbing while the bigguns take a breather, JML starts mining mid 2007, should be huge.

 

[Freeballinginawetsuit]

Re: KZL - Kagara Zinc

KZL has done it hard the last few weeks IMO. Today's SP could be decent value depending on your viewpoint , record date coming up soon also.

 

[scsl]

Re: KZL - Kagara Zinc

I'm still learning and applying technical analysis so correct me if I'm wrong here, but is KZL currently forming a bullish pennant? And if so, is there some further application of technical analysis whereby you can make a guess as to the next target level of the stock? (E.g. I've read that when it comes to head and shoulder patterns, this can be determined by looking at the neckline.)

 

[Kauri]

Re: KZL - Kagara Zinc

May have one more push down left in it yet, or not??? Watching closely for vol confirmation to confirm if W5 has started. Shouldn't be too far off.

 

[alankew]

Re: KZL - Kagara Zinc

Kauri so i presume you are expecting a move south before it continues up?If this is so what level would you expect it to rise to-I presume price oz Zinc etc has to be positive for your outcome to happen.Thanks in advance

 

[Kauri]

Re: KZL - Kagara Zinc

Kauri so i presume you are expecting a move south before it continues up?If this is so what level would you expect it to rise to-I presume price oz Zinc etc has to be positive for your outcome to happen.Thanks in advance

I am leaning towards the recent low being the bottom of W4, based on the recent vol. Am only recently trying to come to terms with vol analysis so bear with me, if anyone reads it differently please point out where I am seeing it incorrectly.

 

[Halba]

Re: KZL - Kagara Zinc

stock doesn't have any compelling reason short term to be in...most other zinc's have p/e of 1/2 of KZL

 

[Kauri]

Re: KZL - Kagara Zinc

Kauri so i presume you are expecting a move south before it continues up?If this is so what level would you expect it to rise to-I presume price oz Zinc etc has to be positive for your outcome to happen.Thanks in advance

Hopefully that is the move south accounted for and the recent low around 6.00 holds. The entry marked is risky and depends on vol characteristics but will give a high reward ratio if successfull.

 

[dj_420]

Re: KZL - Kagara Zinc

im not so sure about zinc stocks anymore. outlook does not look as rosy as last year. LME has seen some heavy increases of late and is back above 100 k tonnes.

im only holding one zinc stock now JML, have dumped CBH completely, havent been in KZL yet.

what are peoples expectations with zinc spot? should prob post on zinc thread

 

[chops_a_must]

Re: KZL - Kagara Zinc

im not so sure about zinc stocks anymore. outlook does not look as rosy as last year. LME has seen some heavy increases of late and is back above 100 k tonnes.

what are peoples expectations with zinc spot?

I'm thinking much the same way. Every man and his dog is now on the Zinc bandwagon, and the price movements of zinc stocks no longer make sense to me. Because everyone is buying up zinc stocks, I don't think they are reaching a value where I would consider them. Instead I am putting the money that would have gone into zinc, into nickel. I don't think they have been as heavily bought, and have slipped under the radar somewhat. Plus, the nickel spot price does not look nearly as fragile as zinc.

 

[Rafa]

Re: KZL - Kagara Zinc

there is nothing i can see in the current price action to compell me to buy anything other than some dodgy Uranium mine with no hope of production in the near term

 

[Kauri]

Re: KZL - Kagara Zinc

I'm thinking much the same way. Every man and his dog is now on the Zinc bandwagon, and the price movements of zinc stocks no longer make sense to me. Because everyone is buying up zinc stocks, I don't think they are reaching a value where I would consider them. Instead I am putting the money that would have gone into zinc, into nickel. I don't think they have been as heavily bought, and have slipped under the radar somewhat. Plus, the nickel spot price does not look nearly as fragile as zinc.

Wish they were, we wouldn't have had the price of KZL, ZFX, CBH, all dropping off recently

 

[chops_a_must]

Re: KZL - Kagara Zinc

Wish they were, we wouldn't have had the price of KZL, ZFX, CBH, all dropping off recently

They've stopped them from dropping further...

 

[porkpie324]

Re: KZL - Kagara Zinc

There is some long awaited support coming thru on KZL on reasonable volume later today. so after some recent finger burning have opened up 3 pos this afternoon.porkpie

 

[Dukey]

Re: KZL - Kagara Zinc

Howdy all,
Noticed a while back that in 06-07 KZL expect Copper to account for more revenue than Zn and be a large part of expected profit increases. Though obviously price dependent.

So KZL is no longer a predominantly Zn play.
Any comments about how this will affect their growth, given that Cu price has fallen from great heights - but still high in a historical sense at around $2.50/lb. And Zn is undergoing a correction.
From what I can find - forecasts for both metals are very varied.

 

[mlennox]

Re: KZL - Kagara Zinc

also jumped in and purchased some today could be pre-empting upside see how we go...

 

[Sean K]

Re: KZL - Kagara Zinc

also jumped in and purchased some today could be pre-empting upside see how we go...

KZL's on lower lows and lower highs....why buy now?

 

[reece55]

Re: KZL - Kagara Zinc

Guys
KZL isn't a share I would be trading long at the moment, personally......

This thing has done nothing but go down since October..... Todays bar doesn't inspire confidence, didn't clear above Friday's gap and in a tight range. And considering the strong day of the rest of the market had, the stock doesn't inspire confidence in me. Some of the wave analyst here believe that a wave 5 could be coming, but I am little pessimistic. In fact, this one is on my shorting list at the moment. If you are after zinc and copper exposure, there are much cheaper plays than that of KZL - OXR would be my pick of the bunch.

Cheers

 

[mlennox]

Re: KZL - Kagara Zinc

KZL's on lower lows and lower highs....why buy now?

found support at $6 on friday, bounce to 6.10 then entry at around 6.11 on open currently up about 3 cents, pre-empting more positive news in zinc this evening, i'm short term CFD trading so i'll look to exit around 6.26 almost found that today got up to 6.20 i think the high was...

 

[chops_a_must]

Re: KZL - Kagara Zinc

found support at $6 on friday, bounce to 6.10 then entry at around 6.11 on open currently up about 3 cents, pre-empting more positive news in zinc this evening, i'm short term CFD trading so i'll look to exit around 6.26 almost found that today got up to 6.20 i think the high was...

Gambling against the trend. Good luck with that.