ZFX - Zinifex Limited

rederob · 17 August 2006

Snake Pliskin said:
Risk?

Snake
I am sure you would have prefered to offer your views rather than pose a one word reply.
If you contend otherwise, what would your reasons be?
I think freeballing's comments are not only accurate, they make more sense than a contrary position.
An a time of increasing interest rates and rising CPI one's money in the bank will not earn much at all in real terms. However, the proven outperformance of commodity based equities suggests freeballing is a somewhat conservative advocate of investing in ZFX and KZL - and I am definitely not!

Freeballinginawetsuit · 19 August 2006

rederob said:
Snake
I am sure you would have prefered to offer your views rather than pose a one word reply.
If you contend otherwise, what would your reasons be?
I think freeballing's comments are not only accurate, they make more sense than a contrary position.
An a time of increasing interest rates and rising CPI one's money in the bank will not earn much at all in real terms. However, the proven outperformance of commodity based equities suggests freeballing is a somewhat conservative advocate of investing in ZFX and KZL - and I am definitely not!

How do you guys make any money off the stocks. How can you disagree that there has not been money made off KZL & ZFX in the last year, and chanelled in the last months.I am wondering what you exactly trade.

I aggree ZFX is tied to the zinc price, and this is a risk. And I dont particularily like their sideways movement at the moment. I do however like KZL right now for a run.

rederob · 19 August 2006

Freeballinginawetsuit said:
How do you guys make any money off the stocks. How can you disagree that there has not been money made off KZL & ZFX in the last year, and chanelled in the last months.I am wondering what you exactly trade.

I aggree ZFX is tied to the zinc price, and this is a risk. And I dont particularily like their sideways movement at the moment. I do however like KZL right now for a run.

freebies
It really is as simple as buying low and selling higher.
Anyone who says different is not trading equities.
ZFX is similar to many of the mineral-related producing equities: They have experienced a downtrend, then consolidation since mid-May.
That trend is likely to end this quarter and my view is that all these equities will surpass the former highs over coming months.
Zinc will be an outperform medium/long term, while nickel is a stellar perform near term, before coming off the boil sharply at some time in the last quarter.

Freeballinginawetsuit · 19 August 2006

rederob said:
freebies
It really is as simple as buying low and selling higher.
Anyone who says different is not trading equities.
ZFX is similar to many of the mineral-related producing equities: They have experienced a downtrend, then consolidation since mid-May.
That trend is likely to end this quarter and my view is that all these equities will surpass the former highs over coming months.
Zinc will be an outperform medium/long term, while nickel is a stellar perform near term, before coming off the boil sharply at some time in the last quarter.

I totally agree, ZFX has provided countless oppurtunites for this. Why your'e cryptic comment previously. You wouldnt trade ZFX or KZL, I have many times. Why wouldn't you trade them?

Freeballinginawetsuit · 19 August 2006

Snake Pliskin said:
Risk?

Risk is Zinc Prices. Zinc is used primarily for galvanising steel steel. XMJ has a good couple of years left in it. BHP/RIO make up a large component of the XMJ. BHP/RIO have an upside to their current SP. ZFX will continue their subsequent ride with a North SP.

The benifits otweigh the risks by purchasing ZFX at an entry point at $ 10.30ish. This is the risk I am prepared to trade on with ZFX. No trade is with out risk, I like ZFX fundamental and EPS and am happy to trade this stock.

Mark

rederob · 19 August 2006

Freeballinginawetsuit said:
I totally agree, ZFX has provided countless oppurtunites for this. Why your'e cryptic comment previously. You wouldnt trade ZFX or KZL, I have many times. Why wouldn't you trade them?

freebies
Buy early or into the uptrend.
Hold.
See the trend coming to an end.
Sell.
Gap = years.

An example:
My entry price into WPL is $13.65 and despite a rough trot since May, I have held because the strongest time of year is typically the second half.

As I get older, I tend to hold longer: No need to worry about markets day to day.
When I saw OSH dip almost 15% the other day, I bought in "at market" for the brief time I was near a computerand could log in to trade.
I sold APA during the week at $5 after holding for several years.
I have a buy order open for APA at $4.50 in the hope it retraces.
It may not and I don't care if it doesn't: I don't feel the need to chase it as there are hundreds of other opportunities that could offer a good result.
Hope this explanation helps.

Freeballinginawetsuit · 19 August 2006

rederob said:
freebies
Buy early or into the uptrend.
Hold.
See the trend coming to an end.
Sell.
Gap = years.

An example:
My entry price into WPL is $13.65 and despite a rough trot since May, I have held because the strongest time of year is typically the second half.

As I get older, I tend to hold longer: No need to worry about markets day to day.
When I saw OSH dip almost 15% the other day, I bought in "at market" for the brief time I was near a computerand could log in to trade.
I sold APA during the week at $5 after holding for several years.
I have a buy order open for APA at $4.50 in the hope it retraces.
It may not and I don't care if it doesn't: I don't feel the need to chase it as there are hundreds of other opportunities that could offer a good result.
Hope this explanation helps.

Thnx for the advice

ctp6360 · 22 August 2006

ZFX up nearly 3.7% after 1 hour of trading. Does anyone know why it has just gone nuts today? Especially after yesterday's rise...

dubiousinfo · 22 August 2006

Zinc was up overnight plus Zinifex are due to report on Thursday. Perhaps news of the result is starting to leak.

michael_selway · 22 August 2006

ctp6360 said:
ZFX up nearly 3.7% after 1 hour of trading. Does anyone know why it has just gone nuts today? Especially after yesterday's rise...

Hi not only ZFX, but KZL, PEM, OXR in general?

thx

MS

Kipp · 22 August 2006

michael_selway said:
Hi not only ZFX, but KZL, PEM, OXR in general?

thx

MS

Yup a good day alround for the miners- the only one on my watchlist ignored is CBH. Even my old fav (though also a bit of a dog) CSM is encroaching on $2.00.

I think most of the rise of ZFX today is due to financials due out on Thurs- as previously posted. Then the non-believers will see how cheap this stock really is.

Freeballinginawetsuit · 22 August 2006

ZFX is having a good day, very happy it got past $11.00 at last.
Must admit I sold out of it today though, the temptation was too great considering my low entry SP.
No doubt I will be kicking myself if the SP goes up after their Profit announcement, These guys have an amazing EPS for a Business.
Certainly a tempting stock purchase when their shares were $9.60 last month.

rwkni1 · 22 August 2006

Yeah, I think this one was a screaming buy in the 9's. With FY06 production already out and record numbers at Century, earnings of around A$1bn are not out of the question (that puts it on a p/e of around 4-5 times earnings - cheap!!!!). I also think the troubles at Escondida could drag zinc prices higher in the near term - zinc seems to have been tracking copper quite closely over the past few months.

alankew · 24 August 2006

When is the dividend mentioned in todays results paid and also when does it go ex divi.Thanks

rederob · 24 August 2006

alankew said:
When is the dividend mentioned in todays results paid and also when does it go ex divi.Thanks

Not a bad result for the year!

Record date of entitlement to dividend: 20 October 2006

dubiousinfo · 24 August 2006

alankew said:
When is the dividend mentioned in todays results paid and also when does it go ex divi.Thanks

I think these are the dates:

ExDiv 16 Oct
Rec Date 20 Oct
Pay Date 10 Nov

alankew · 24 August 2006

Thanks Rob

nizar · 24 August 2006

rederob said:
Not a bad result for the year!

yes it was an excellent results... market cap of 5billion and net profit of 1.1billion u dont see companies like that evryday!

zinc prices havent peaked yet; they probably will sometime next year when the spike comes; but we are well due for a run; and when spot zinc runs, ZFX always leads the way...

michael_selway · 24 August 2006

nizar said:
yes it was an excellent results... market cap of 5billion and net profit of 1.1billion u dont see companies like that evryday!

zinc prices havent peaked yet; they probably will sometime next year when the spike comes; but we are well due for a run; and when spot zinc runs, ZFX always leads the way...

and current dividends about 10%+ franked!

thx

MS

nizar · 24 August 2006

yes 80c well up from 4c last year
UBS reckon 2007 they will pay $3 in divies they were calling $1 not quite on the mark, i personally reckon $2 in divies all up next year, maybe a special or as a fully franked ordinary we will see....
but its the sp appreciation that im looking 4ward to...

ZFX - Zinifex Limited

rederob

Freeballinginawetsuit

rederob

Freeballinginawetsuit

Freeballinginawetsuit

rederob

Freeballinginawetsuit

ctp6360

dubiousinfo

michael_selway

Coal & Phosphate, thats it!

Kipp

Lord of the Ledgers

Freeballinginawetsuit

rwkni1

alankew

rederob

dubiousinfo

alankew

nizar

michael_selway

Coal & Phosphate, thats it!

nizar

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