ZFX - Zinifex Limited

[imajica]

woohoo!! huge volume and no depreciation in share price

I am fully loaded with ZFX - should be an exciting next few months

 

[nizar]

If you'd bought in at $13 in May you mightn't be so amazed!!! You can't overlook the commodites pain that ZFX has endured in the last 4 months or so....
Anyhow- I'm judging you've got a longer term view Nizar (you prob bought in at $2.50 for all I know...) I'm the first to say this, but I can't believe that it GAINED going ex-div. I thought I got the div day wrong all day when it was at 12.80... lol

Hope you're all making a squillion...

Kipp
I actually dont hold this stock at all.
I did hold last year, actually bought at $2 around august. A couple of months later its $3.25, I thought hell >60% thats as a good a return as any so i sold it.

Ever since the beginning of this year iv been a huge fan of this stock as u can probably tell as iv come to better understand the supply/demand dynamics in play affecting the price of zinc metal.

This stock is a winner, i dont hold though, i prefer KZL and that is my sole zinc play at the moment.

All the best.

 

[rederob]

rederob, your view that technical analysts would have been selling ZFX suggests to me that you haven't done much study on TA. Within TA, there are quite a few different schools of thought, not to mention not all practitioners trade within the same time frames. Maybe a swing trader who uses TA might have sold around July. Conversely a position trader using EW may have counted the beginning of a wave 5 and bought. It's just not so black and white as you suggest. Techies have differing methods and goals just as fundies do.

That is all I was getting at--nothing personal and nothing to do with the stock in question.

Cheers

\
I was reading technical analyst's commentaries on ZFX in the period in question - mid-May through to early August - at various sites and in publications.
There was an overwhelming consensus that ZFX was not a stock on their buy lists.
I don't doubt that people trade technically using a myriad of different strategies, and with an eye on different time frames.
But after a series of consecutive lower lows and lower highs, ZFX had little going for it in the medium term (depending what you call "medium term" I suppose). Worse still was that ZFX was a basket case of "gaps" - up and down, seldom stringing together 3 days before anoth gapping experience.
I read you and Radge on OXR a few weeks ago and was going to post, but felt little point as I already have more OXR shares than I probably should safely.
What I noted was a lack of conviction about a particular position - up or down.
On another website, recently closed down by the owner, an ellioticain posted dozens and dozens of charts showing the imminent demise of the allords.
I am sure it will come, and it was sad that the site was closed before victory was within his sights.
So what's my point?
Knocking techies?
Not at all.
Put up a chart, and then outline the probabilities of direction, or trend continuation within timeframes.
I'll try to do the same from a fundamental perspective.

btw, i prefer gauss to gann

 

[silence]

woohoo!! huge volume and no depreciation in share price

I am fully loaded with ZFX - should be an exciting next few months

Yep, and even better today (so far). I bought at $11.13 and am looking to hold until next year's dividends at least.

 

[pacer]

Redrob....I prefer guess and gain.....lol
Wow what a rollercoaster ex div....when to get off is the question.....before I get sick? or ride it to the top.

KZL broke $6 resistance today at last.......it could be another amusemnt park ride now aswell. up 4,87% as of now

 

[Out Too Soon]

ZFX - Zinifex vs KZL

If KZL is so good how did it's SP sink so low last May?
I'm not knocking, I'm just learning & as I've left my run so late wondering whether to jump on ZFX or KZL?
BTW, I live south of Townsville & see the zinc from Sunmetals going to the port.

 

[nizar]

Re: ZFX - Zinifex vs KZL

If KZL is so good how did it's SP sink so low last May?
I'm not knocking, I'm just learning & as I've left my run so late wondering whether to jump on ZFX or KZL?
BTW, I live south of Townsville & see the zinc from Sunmetals going to the port.

Last May was a disaster.
ZFX went from $13.50 to $8 (40%)
KZL from $4.70 to $2.89 (39%)

Not much different, eh?

As for CBH, that halved from 59c to 29c

I thought about it for a long long time, ZFX versus KZL, iv held them both previously but was out of both for a while, and last week chose KZL. Once ZFX breaks $13.50 and is in all time highs, i will most likely be in that as well.

All the best

 

[pacer]

OTS....
KZL broke it's $6 resistance, so is probably the better option...and will be buying more today.
ZFX dropped off 13.50 open, to yesterdays price, which wasn't a big surprise, and may rise a little in the last hour of trade......I just bought some more at $13.10.

I like both......dyor

 

[nevieboy]

Re: ZFX - Zinifex vs KZL

If KZL is so good how did it's SP sink so low last May?
I'm not knocking, I'm just learning & as I've left my run so late wondering whether to jump on ZFX or KZL?
BTW, I live south of Townsville & see the zinc from Sunmetals going to the port.

A bit embarrassed to ask but what does BTW stand for???
Thanks

 

[swingstar]

Re: ZFX - Zinifex vs KZL

A bit embarrassed to ask but what does BTW stand for???
Thanks

By the way.

 

[nevieboy]

Re: ZFX - Zinifex vs KZL

By the way.

Thank you.

 

[imajica]

Here comes the afternoon buyers!

Share price always seems to have a surge about half an hour before closing.

I guess people wanting to get set for the next morning spike

 

[swingstar]

Expect to see a bit of a bump before it passes $13.50.

 

[dlineinvestor]

Re: Could this be of any relevance to future zinc $'s

All opinions welcome....

BEIJING, Oct. 12 (Xinhua) -- China is to regulate its lead-zinc industries to cool down investment in the sector, China's state authority has said.

The National Development and Reform Commission (NDRC) and eight other authorities jointly issued a circular on Wednesday announcing six entries of measures to curb oversupply.

According to the circular, China will tighten market access to the lead-zinc industry by ensuring companies that are qualified introduction safety, environmental protection and resource and energy consumption.

The circular said the government will strengthen its management of the import and export of lead and zinc products by improving tariff policies, but specific details were not released.

One hundred and sixty-nine lead-zinc smelting projects are under construction in China, with a total investment of 12.5 billion yuan (about 1.56 billion U.S. dollars). When they start operation, the annual output of lead and zinc products will rise by 1.9 million tons and 2.9 million tons, respectively, according to the circular.

 

[johnmwu3]

Zfx record date is Oct.20, does that mean if I hold the share until Oct. 21, or I buy it at Oct.20 and keep until Oct21,then I got the right for the dividend ?
Thanks for The reply !
John3

 

[pacer]

I can't see any reason to sell yet.....still no down trend just a little volitility after ex div.

Broke to 13.60 then tumbled......it needs to break 13.50 consistently to carry on though.

 

[YELNATS]

Zfx record date is Oct.20, does that mean if I hold the share until Oct. 21, or I buy it at Oct.20 and keep until Oct21,then I got the right for the dividend ?

Dividend ex date was 16-Oct-2006. I think that means if you bought on or after 16-Oct-2006 you won't get the current dividend. Regards YN

 

[Out Too Soon]

reasonably the sp should drop after it gos ex div because the div is no longer avail'. So here I am still sitting on the sidelines waiting to jump in

 

[Out Too Soon]

just call me "in too late"

 

[pacer]

Yes there was some confusion on the ex div, with CFD's I got it on monady...not tuesday....so you had to hold on friday to get it.....still holding for the rocket to take off.