KZL - Kagara Limited

[ectoplasm]

Re: KZL - Kagara Zinc

states if it (KZL) can break 1.15 on large volume and close on its highs, then it is breakout to a potential target of $2.00

Yes, long term I agree with Nick, but I see many tradable levels on the journey: initial resistance at @ ~$1.30, and some gaps fills on the way higher.

BTW the US stockmarket seems to be following Zmbabwe's lead when the printing presses are used (i.e. it is on the golden stairway higher). Most seem to think 10% gains in our market this year, but could surprise to the upside IMO (with usual consolidation retrace)

 

[ectoplasm]

Re: KZL - Kagara Zinc

Yes, long term I agree with Nick, but I see many tradable levels on the journey: initial resistance at @ ~$1.30, and some gaps fills on the way higher.

BTW the US stockmarket seems to be following Zmbabwe's lead when the printing presses are used (i.e. it is on the golden stairway higher). Most seem to think 10% gains in our market this year, but could surprise to the upside IMO (with usual consolidation retrace)

Looks like that journey has commenced! KZL has jumped out of the blocks thismorning ~ Trust you have your ticket......

 

[lioness]

Re: KZL - Kagara Zinc

Looks like that journey has commenced! KZL has jumped out of the blocks thismorning ~ Trust you have your ticket......

Hi Ecto,

Yep I grabbed tickets at 1.05, I am not getting off the train until $2, but reckon this will be $3 plus by year end.

Wait for the Mungana announcement and Admiral Bay for a real jump. Today was just a practice.

 

[ectoplasm]

Re: KZL - Kagara Zinc

Hi Ecto,

Yep I grabbed tickets at 1.05, I am not getting off the train until $2, but reckon this will be $3 plus by year end.

Wait for the Mungana announcement and Admiral Bay for a real jump. Today was just a practice.

It has been a great day, but lets not get ahead of ourselves ~ the chart below shows estimated first resistance (@ $1.32), and the way price action and volume have been behaving lately I'm not sure how much resistance will be there (particularly if favourable company announcement is made soon). Next resistance around $1.50, & there will be plenty of time to top up on the way through to $2.00 etc...

Today's action below:

 

[ectoplasm]

Re: KZL - Kagara Zinc

It has been a great day, but lets not get ahead of ourselves ~ the chart below shows estimated first resistance (@ $1.32), and the way price action and volume have been behaving lately I'm not sure how much resistance will be there (particularly if favourable company announcement is made soon). Next resistance around $1.50, & there will be plenty of time to top up on the way through to $2.00 etc...

Today's action below:

Little bit of consolidation music required, and then I guess the trend will continue higher ~ initial target ~$1.32 before stepping higher...

Chart:

 

[lioness]

Re: KZL - Kagara Zinc

Little bit of consolidation music required, and then I guess the trend will continue higher ~ initial target ~$1.32 before stepping higher...

Chart:

Hi Ecto,

For your consolidation music, I would like to nominate Kylie Minogue "I could be so lucky, lucky, lucky, lucky, I could be so lucky I bought KZL"

 

[UMike]

Re: KZL - Kagara Zinc

Ahhh well.

If they got to $1.145 I'd be bragging right now.

Nice to hear JB Were and Wilsons have an upgraded target.... Hope they are right.

Lucky i waited a bit.

Let 40% of my holding go @ $1.275.

Gotta be happy with that.

Actually I'd be happy if it went either way now.

 

[ectoplasm]

Re: KZL - Kagara Zinc

Lucky i waited a bit.

Let 40% of my holding go @ $1.275.

Gotta be happy with that.

Actually I'd be happy if it went either way now.

Hi UMike & lioness,

Well picked UMike ~ I was a bit more greedy (looking for ~$1.30) and so am still holding. Gap support is holding and I think Kilie may need to change to impulsive song shortly.

Daily chart: Must be top up time

 

[lioness]

Re: KZL - Kagara Zinc

Hi UMike & lioness,

Well picked UMike ~ I was a bit more greedy (looking for ~$1.30) and so am still holding. Gap support is holding and I think Kilie may need to change to impulsive song shortly.

Daily chart: Must be top up time

Your right Ecto,

Just changed the jukebox from Kylie to Rage against the machine - Killing in the name of KZL.

This is to terminate the autobots which are all over KZL like the measles.

 

[UMike]

Re: KZL - Kagara Zinc

Hi UMike & lioness,

Well picked UMike ~ I was a bit more greedy (looking for ~$1.30) and so am still holding. Gap support is holding and I think Kilie may need to change to impulsive song shortly.

Daily chart: Must be top up time

Was thinking to top up at $1.1 and even started looking at $1.15. Might not get back down there though. Seems like it'll be an even or slightly down day.

Really, I got enough and hope it hits the $1.50 that some(in here) have been predicting.

 

[UMike]

Re: KZL - Kagara Zinc

Thought I was super smart (and lucky). Got what I sold back @ $1.025 Monday.

Quarterly Activity Report (for the period ending 31 December 2009) Out now.
Got some more @ $.91 Hope thats the last I buy for a while.




Half Year Report for the six months ended, 31 December 2009, will be released during the week beginning 22 February 2010.

 

[YELNATS]

Re: KZL - Kagara Zinc

Received a very detailed and expensive looking IPO package offering shares in KZL spin-off Mungana Gold Mines at 95 cents a share.

Closing date for accepting the priority retail offer is Tuesday May 18.

Gold is doing well at the moment, but any thoughts about the future and value of this offering at 95 cents?

 

[UMike]

Re: KZL - Kagara Zinc

Received a very detailed and expensive looking IPO package offering shares in KZL spin-off Mungana Gold Mines at 95 cents a share.

Closing date for accepting the priority retail offer is Tuesday May 18.

Gold is doing well at the moment, but any thoughts about the future and value of this offering at 95 cents?

I'm eligble for about 4,000 (1 in 16) and intend to get 5,000. Doing this on Monday.

As with any IPO anything could happen to it. I'm punting that the 95c/share has not got any of the recent Gold price surge upside in it. Then again it hasn't got the "SUPER TAX" down side in it either.

 

[springhill]

Re: KZL - Kagara Zinc

Your right Ecto,

Just changed the jukebox from Kylie to Rage against the machine - Killing in the name of KZL.

This is to terminate the autobots which are all over KZL like the measles.

Don't know much or care much for Kagara but lioness, love your taste in music :band greatest band of all time!

 

[skivvy]

Re: KZL - Kagara Zinc

Anyone watching KZL at the moment, I entered a trade today at 67c. Nice uptrend in place and looking for the trend to continue.

 

[pixel]

Re: KZL - Kagara Zinc

Anyone watching KZL at the moment, I entered a trade today at 67c. Nice uptrend in place and looking for the trend to continue.

KZL came up on my radar in May/June. The EOFY sell-off turned that into a bit of a disappointing false start - stopping me out just in time before the big Sale into the 40's
Of course it recovered - funny that? It's still the same company, doing the same things they've always done - rather well at that. Only took a small start position, when my chart reported the recovery; waiting for the break of the minor High in June - to be sure to be sure. I even let the Friday rally go, but the confirmation on the 26th was invitation enough to double-up at 62c.

How far?
Good question I see some resistance close by, say 70.5 to 71c. That's mainly based on Fibonacci analysis.
I'd accept a retracement of sorts from there, as long as it doesn't close below my stop level (green horizontal) at 59.5c; I'd accept a quick intraday dip, while not very comfortable, just to close Monday's breakout gap. But the breakout volume would suggest there is much more upside - quite possibly back to $1 and beyond. With that in mind, I'm now holding KZL for longer in an "investment" portfolio.

 

[UMike]

Re: KZL - Kagara Zinc

Sold about a quater Yesrterday @68.5c

It broke out of a nice trading range but I doubt it'll sky rocket.

I've been a long term holder and will continue buying the dips and selling some as it goes up.

I think I'll gets some more below 60c before it rises above 72.5 if I am allowed to make that statement (prediction).

 

[UMike]

Re: KZL - Kagara Zinc

"Kagara Limited (ASX: KZL) (“Kagara”) announces it intends to make an off-market cash takeover bid
(“Offer”) at 11 cents per share for all of the shares in North Queensland explorer Copper Strike Limited
(ASX:CSE) (“Copper Strike”), providing the opportunity to further consolidate ownership of base metal
deposits in Far North Queensland and to provide the opportunity for rapid development of the Einasleigh
copper deposit.": from the ann 12-10-2010

Not often the takeover company has such a share price lift.

You'd think with CSE trading about the 12.5c mark the offer would have to be raised. Probably not an issue though.

 

[kingkev]

Re: KZL - Kagara Zinc

Looks like CSE are still complaining about the offer. If they do not accept......what will happen to both share prices??????? I suspect that this is a done deal and will wait for the upturn in Kagara sp. Admiral bay is worth waiting for...................it could still be a long wait though

 

[Trader Paul]

Re: KZL - Kagara Zinc



Hi folks,

KZL ... features a positive time cycle, early in the week, that may
give us a good start, with a lunar trigger on Tuesday ...

Happy trading in 2011 to all here ... !~!

happy new year

paul



=====