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ZFX - Zinifex Limited

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Re: ZINIFEX..ZFX


Now where were those puts...maybe a thread on shorting strategies for ZFX?? Sorry chicken, just teasing. But might happen if I find some good prices. Agree about Investor and Tina selling at the right time. Even if it goes up it's highly unlikely atm.
 
Re: ZINIFEX..ZFX

Zinc prises have risen again overnight to US$0.5954....from US$0.5642....stocks have also fallen again overnight by 725 tonnes....and this seems to happen everyday....check it yourself www.kitcometals.com if you are invested in mining stock you get all the information there...we could possible go higher today as we have 2 buyers who could drive this stock higher on the sideline..there are a few people shorting but they could get burned today.....see what Mcquarie said...buy up to $4......
 
Re: ZINIFEX..ZFX

Chicken at this rate youll be a Rooster before you know it!
 
Re: ZINIFEX..ZFX

Yeah whatever you say....You shorters will get burned...as far as the price of the stock goes it will be dictated by BARCLAYS,ZINIFEX, and the other buyers...as prices are rising...you may find I will be right....which of course will ennoy many people but its a game believe it price is on the rise....
 
Re: ZINIFEX..ZFX

Not shorting or taking ANY position just passing a technical abservation.
Have no emotion connected to this stock what so ever.

Anyway Im off see everyone in a few weeks.

Best of luck Chicken I really hope you get your $4.
But will you take it if it gets there----Stay tuned.
 
Re: ZINIFEX..ZFX

Tech/a...it opened higher....well what do you know..but as far as the $4...thats what Macquarie stated buy to $4....I am just repeating what the EXPERTS say....did you look at SBM...
 
Re: ZINIFEX..ZFX


Maybe they did sell at the right time but I hate when I sell and the price keep going up , I call it lost opportunity
 
Re: ZINIFEX..ZFX

There are opportunities missed everywhere in life. It's how you deal with it that counts. For my point I made a profit and traded according to plan.

If the stock continues to go up, good. I don't see it climbing much more though. Volume is low, todays market is slow, and the buyback is an issue that no technical analysis can ignore. If ZFX are not buying, then that needs to be acknowledged and watched carefully.

Just my thoughts.
 
Re: ZINIFEX..ZFX


Hi Snake Pliskin,

That is correct and if you have a plan you should stick to it. I think there are some incorrect points here:

1) Volume is not low today and was not low yesterday.
2) Buyback is a plan for 12 months and they can make errors as well, I believe they did when they did not buy more shares @$2.63 - $2.80. I believe any share they buy above $3 is going to confirm it.
3) I do not believe in Tech analysis much and I do not believe in Chart either. They can show you some stuff but most of the time is incorrect (It is my own opinion). People have been charting and tech analysing this share as a single entity without taking into account the whole market. If you compare BHP, All Ords and ZFX behaviour in the last 2 months they did exactly the same.

I do not know anything, these are just my thoughts

WBII
 
Re: ZINIFEX..ZFX


Mr Buffett,

Thanks for your insight.

I personally believe the company knows more about itself than any of us will ever do. For that reason I view the share buyback as an important indicator for any future buying of this stock. Volumes may not be historically low , but they are far from the top.

Lets watch it and see what ZFX does.
 
Re: ZINIFEX..ZFX


Hi Snake Pliskin,

I completely agree with you about the company knowing about itself more than anyone else, the point here is that none knows about the market behaviour and how the shares will behave at less they are hidding something .

My point is that they started the buy-back from $3.20 or something (I do not remember) and when they saw that the price started to go down, they held and stopped buying waiting for a "better" price. Then the $2.63-share price day came and they bought $2 millions and waited the following days for another drop, but what happens surprised everyone, the price went up and hasn't stopped yet.

And that's what I said before if they buy any share above $3 that will confirm this miscalculation I should call it. Why? because they are going to pay a 13% premium.

WBII
 
Re: ZINIFEX..ZFX

THE CHICKEN IS RIGHT after all, it broke through the resistance ,and has not looked back....a blind man could have seen what I saw in the graph...there was something positive on TV about ZINIFEX but I missed it.....something about Zinifex and BHP...blast I missed it....but anyway Warren you are quite right ,I call it missed opprtunity..the broker who is buying the shares back for Zinifex...sits on his hands...they will have to pay a lot more for their BUYBACK..I said it before and no one believed me...anyway there is a lot of intrest in this stock..look at BARCLAYS holding they are buying more....I WONDER WHY...but I am sure they know more than you and I...I just follow them.....like a chicken....LOLOLOLOLOLOLO
 
Re: ZINIFEX..ZFX


Hi Chicken,

This is what I think:

1) About BARCLAYS: they have been increasing its Zinifex ownership amazingly. They are close to 10% now (They have been buying below $3, I would like to see them buying above $3).

2) BHP, WMR, ZFX: BHP is going to get control of WMR today and will pay immediately $4.6 billions to WMR shareholders (50% of WMR or maybe more), that money is going back to the sharemarket next week and I believe WMR shareholders are going to continue with the strategy of buying possible take overs companies. My guess is ZFX.

So, BARCLAYS knows that. This is all speculation but I can tell you I read a lot and that is my prediction.

As I said before, I do not know anything, they are just my thoughts

Read: WMR as WMC

WBII
 
Re: ZINIFEX..ZFX

I think you hit the nail right on the head...as I said there were some news on TV which I only heared the end of it it was something along your prediction...I think a lot of money will go into Zinifex...and I would not be supprised iNVESTOR KNEW SOMETHING...JUST MY THOUGHTS.....ALL WALLS AND MIRROR STUFF...as if I cared he sold his lousy 10k shares...but this is a poker game and the best player wins...what do you say about one of the directors joining the SBM board...after all there are 7.5 million oze. of gold 4 smelters mines etc,etc...they will pick them up cheap.....as it stands they are capitalized in their shares only 55million $....they could pick them up for say 75million and get 14k landbank etc....intresting times ahead.....
 
Re: ZINIFEX..ZFX

This has not been mentioned, but does anyone think TZN is a poss. takeover stock by Zinifex? Thoughts??????
 
Re: ZINIFEX..ZFX

Maybe...depending what their jointventure agreement says....if they have no clause where it says the company cannot buy shares there is every possibility....it makes sense
 
Re: ZINIFEX..ZFX

There has been a little shortselling of this stock...question....the shortsellers are making a mistake..reason the WMC money is going to hit the market and brokers are saying that some of these millions of $$$ are going to be invested in ZINIFEX...if thats the case than I can see a further upside of this stock.....
 
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