Kauri
E/W Learner
- Joined
- 3 September 2005
- Posts
- 3,428
- Reactions
- 11
eMark said:Bottom pickers (huh huh snort snort). Such a horrible phrase:
Horrible phrase... terrible habit..
ZFX - Zinifex Limited
- Thread starter chicken
- Start date
-
- Tags
- zfx zinifex limited
Horrible phrase... terrible habit..
michael_selway
Coal & Phosphate, thats it!
- Joined
- 20 October 2005
- Posts
- 2,397
- Reactions
- 2
Kauri said:
ZFX @ 16, a clear bottom?
thx
MS
- Joined
- 1 March 2006
- Posts
- 579
- Reactions
- 0
Try $15 Mike....the market is sentiment....the lads have made thier $$ and are leaving the ship.........
Share price has stuffall to do with projects or management or profits.......it's overall sentiment that rules....no way is getting into the new gig in Sweden gonna help...that just says to investors that they have a limited life in OZ and are spending profits on a hope and a dream....it happens all the time....
Santos did the same thing on thier last project....hopes and dreams have been dashed there aswell, and the company is grabbing at straws to try and take over undervalued stocks...and not winning....lol....zfx will possibly end up the same....
10 year mine life, maybe a touch more, no real results yet from more drilling,.......but thats it...finito.....
My opinion only...DYOR....
Share price has stuffall to do with projects or management or profits.......it's overall sentiment that rules....no way is getting into the new gig in Sweden gonna help...that just says to investors that they have a limited life in OZ and are spending profits on a hope and a dream....it happens all the time....
Santos did the same thing on thier last project....hopes and dreams have been dashed there aswell, and the company is grabbing at straws to try and take over undervalued stocks...and not winning....lol....zfx will possibly end up the same....
10 year mine life, maybe a touch more, no real results yet from more drilling,.......but thats it...finito.....
My opinion only...DYOR....
CanOz
Home runs feel good, but base hits pay bills!
- Joined
- 11 July 2006
- Posts
- 11,543
- Reactions
- 519
pacer said:
Any other blue chip mining Co.s you feel like ripping apart tonite Pacer? Or are you finished with the negative and ready to ramp a few of your current jems?
My opinion only....
Cheers,
Kauri
E/W Learner
- Joined
- 3 September 2005
- Posts
- 3,428
- Reactions
- 11
michael_selway said:
I'll tell you next week..
Thx
- Joined
- 15 November 2006
- Posts
- 119
- Reactions
- 0
ZFX trading was a lot calmer today than I anticipated. Gave me plenty of time to sell out my last 20% stock to the bottom pickers. I am out of it at this stage. I have been buying on its way up since July 06 @ $10, and been selling from its way down from $18 a few weeks ago. Made 50% profit in 6 months, very happy. That said, I may get back in later. I just don't consider it good value anymore at this SP vs POZ.
- Joined
- 1 March 2006
- Posts
- 579
- Reactions
- 0
No wurries crazy....was just bored and having a bit of fun, it's always good to keep everyone on thier toes.....hard facts are just that...HARD.
want me to ramp some?....wow, anz and wpl....there ya go.....a nice safe investment.....for now.hehe.
want me to ramp some?....wow, anz and wpl....there ya go.....a nice safe investment.....for now.hehe.
chops_a_must
Printing My Own Money
- Joined
- 1 November 2006
- Posts
- 4,636
- Reactions
- 3
ANZ!!1???18!?/pacer said:
Pacey, you haven't sold your soul to the devil have you?
Zfx is going to announce its dividend soon. Last year it was 5 cents in feb but this year it could be as high as 80 cents going from reports/ expectations of the major brokers , now thats why the share price has not fallen as the zinc price collapsed, also last year when they made their billion dollar profit it was on a average zinc price cf $1.35, now in their last six months they said their average realised price for zinc was $1.57 , even though we,ve had a high of $ 2.07 : ,and today zinc is trading at $1.40 hardly a catastrope yet!! I,m holding for the div,s and possible capital return after they sell their smelters
::
Last year it was 5 cents in feb but this year it could be as high as 80 cents going from reports/ expectations of the major brokers , now thats why the share price has not fallen as the zinc price collapsed, also last year when they made their billion dollar profit it was on a average zinc price cf $1.35, now in their last six months they said their average realised price for zinc was $1.57 , even though we,ve had a high of $ 2.07 : ,and today zinc is trading at $1.40 hardly a catastrope yet!! I,m holding for the div,s and possible capital return after they sell their smelters:
:rico01 said:Zfx is going to announce its dividend soon.
Does that announcement usually accompany the half yearly results, (around Feb 22)?
Earnings Downgrade - Interim estimate trimmed 5% to A$745m on inventory build and production issues at Clarksville. Lower NPAT and working capital build has reduced our dividend by A30 ¢ to A90 ¢/share. FY07 estimate also downgraded 3% to A$1.75b due to the ongoing roaster issues at Clarksville.
From the citigroupweath advisors site
From the citigroupweath advisors site
Julia
In Memoriam
- Joined
- 10 May 2005
- Posts
- 16,986
- Reactions
- 1,973
eMark said:Is this direct from citigroupweath advisors? Is this what they think ZFX's half yearly is going to reflect? Excuse my ignorance, but I'm just trying to understand where this fits in.
This is just there opinion and you should seek your own advice or form your own opinion
.Production a Bit Light On - December quarter production was slightly weaker than our expectations with strong results from aluminium, nickel, diamonds and manganese offset by lower petroleum and coking coal production.
Capex Costs Still Under Pressure - The capex cost for the Alumar alumina refinery expansion has increased by 40% to US$725m, in addition to start-up being delayed 6 months. Atlantis capex has also increased by 50% to US$1.5b (already allowed for). Neptune and Stybarrow are also experiencing capex pressures and we have allowed for an increase of 20%, or US$60m each.
FY07 estimate down 6% - We have downgraded our FY07 estimate by 6% to US$13.2b, driven by 2Q production weakness and impact from provisional pricing. Our estimate for the interim result on 7 February is US$6.53b with a dividend of US20 ¢/share. There is upside risk to the dividend if the board is prepared to signal belief in the cycle by stretching the progressive US$ dividend policy and declaring a larger increase.
Buy Recommendation Maintained - The reduction in our FY07 estimate has reduced our target price by A$2 to A$35/share, but we maintain our Buy/Medium Risk (1M) recommendation. While we expect continued volatility around conflicting data and commodity price signals in the 1Q, we expect a recovery in 2H07 copper prices and looming 2008 production growth to ultimately drive the stock higher.
Kauri
E/W Learner
- Joined
- 3 September 2005
- Posts
- 3,428
- Reactions
- 11
rico01 said:eMark said:Is this direct from citigroupweath advisors? Is this what they think ZFX's half yearly is going to reflect? Excuse my ignorance, but I'm just trying to understand where this fits in.
This is just there opinion and you should seek your own advice or form your own opinion
.Production a Bit Light On - December quarter production was slightly weaker than our expectations with strong results from aluminium, nickel, diamonds and manganese offset by lower petroleum and coking coal production.
Capex Costs Still Under Pressure - The capex cost for the Alumar alumina refinery expansion has increased by 40% to US$725m, in addition to start-up being delayed 6 months. Atlantis capex has also increased by 50% to US$1.5b (already allowed for). Neptune and Stybarrow are also experiencing capex pressures and we have allowed for an increase of 20%, or US$60m each.
FY07 estimate down 6% - We have downgraded our FY07 estimate by 6% to US$13.2b, driven by 2Q production weakness and impact from provisional pricing. Our estimate for the interim result on 7 February is US$6.53b with a dividend of US20 ¢/share. There is upside risk to the dividend if the board is prepared to signal belief in the cycle by stretching the progressive US$ dividend policy and declaring a larger increase.
Buy Recommendation Maintained - The reduction in our FY07 estimate has reduced our target price by A$2 to A$35/share, but we maintain our Buy/Medium Risk (1M) recommendation. While we expect continued volatility around conflicting data and commodity price signals in the 1Q, we expect a recovery in 2H07 copper prices and looming 2008 production growth to ultimately drive the stock higher.
...... ZFX????
- Joined
- 30 January 2006
- Posts
- 215
- Reactions
- 0
Kauri said:
