ZFX - Zinifex Limited

[tech/a]

Re: ZINIFEX..ZFX

Perspective.

(1) ZFX isnt the sole supplier/miner of Zinc.

(2) Investors in ZFX will determine the traded value of the stock.

Trade it as it pans out---currently your riding a good trend.
Seems to be weakening or topping in my view but your trading isnt my call.

Every piece of analysis is of value but in the end price determines profit or loss,no amount of what could/should or would happen will make a scrap of difference.

 

[RichKid]

Re: ZINIFEX..ZFX

Perspective.

(1) ZFX isnt the sole supplier/miner of Zinc.

(2) Investors in ZFX will determine the traded value of the stock.

Trade it as it pans out---currently your riding a good trend.
Seems to be weakening or topping in my view but your trading isnt my call.

Every piece of analysis is of value but in the end price determines profit or loss,no amount of what could/should or would happen will make a scrap of difference.

Very good points Tech, we can't control the market, if it decided to dump ZFX, it'll do it, if it decides to let it run further it will and if it decided there are better value/higher leveraged zinc stocks elsewhere it'll switch, we can only use the charts for guidance- that is if you use T/A to trade but even the fundamentals may say the same, just have to see how this pans out, sometimes intermediate tops are broken savagely as the market clambers for more, no sign of that yet. If this is just profit taking then the exploration upside may keep this stock going.

 

[chicken]

Re: ZINIFEX..ZFX

Intresting buying this morning look at the orders..something could be up...annyone

 

[chicken]

Re: ZINIFEX..ZFX

You said ZINIFEX is not the only one this maybe so...but the spot price is what they receive,,,the next quater..Jan 05 to end of march should be the highest return this company had...as ZINC..selling now at $1798 A $$ a tonne...plus silver is rising lead also had a good run...and their exploration potential is also there...what the share price will be I do not know but the person who posted his remarks said their PE..are low..do I need to go on..metal prices are got at www.kitcometals.com you see it all there..I dont need to ramp..but a takeover is also in the cards...because we are UNDERVALUED by the market..and someone will try sooner than later

 

[TjamesX]

Re: ZINIFEX..ZFX

For me, the big one is that ZFX is unhedged to zinc prices - its value should be very sensitive to changes in zinc prices, I don't believe many resource co's do this.... therefore upside large is for price rises (and equally for downward prices)

I will continue to hold ZFX until fundamentals change

 

[tech/a]

Re: ZINIFEX..ZFX

Chicken

You have good arguement fundamentally.

UNDERVALUED is a perception and one which some "experts" agree on.

ZFX is trading AT VALUE if $4 was its real value thats what it would be trading at NOW.

Anyway not having a go at you I love your enthusiasm (I dont see your postings as ramping).

Your opinion is as valid as mine albeit that at times we are apart.

 

[chicken]

Re: ZINIFEX..ZFX

Well,well....BARCLAYS just became a substancial shareholder with 25.4 million shares...now they must know a good thing...that means...there are only 50million shares to us..the other 450million are held by 21 shareholders...does that not mean something...and there next report will be a boomer as the ZINC price Silver as well as lead have never been better...so because they are unhedged...its going to be better than the last one...and wait there exploration has not been taken in account....so BARCLAYS who have the best researchers must see value here...

 

[suzanne]

Re: ZINIFEX..ZFX

Hello Chicken,

Your enthusiasm for this share has convinced me to buy in so lets see what happens.

Cheers

Suzanne

 

[chicken]

Re: ZINIFEX..ZFX

Suzanne..go to webside...www.kitcometals.com there you find an intresting side on prices of metals and they are up todate...also www.zinifex.com.au also the side where you can read all what I said...also I feel with Barclays in this stock there will be more confidence..as the company is trying to get away from what happened with PASMINCO..their problem was they owed 2.5 billion whereby ZFX...owes the banks silch...anotherwords they are undergeared...so no intrestpayments..and what they sell the profits go to the company....do make your own research....its important you know where your money goes...as we can all be wrong but I feel this group has big potential..most importantly unhedged,and NO DEBTS...and BARCLAYS ON BOARD...THEY have good researchers..and they would not have invested if they thought its just a speckie...

 

[suzanne]

Re: ZINIFEX..ZFX

Thanks chicken. I will check out those sites.

Cheers
Suzanne

 

[chicken]

Re: ZINIFEX..ZFX

Suzanne..go to www.yahoo.com go to the finicial page get ZFX...and read what Reuters have to say..all heavy stuff...but all positive...I dont want to ramp just point you in the right direction,,hope it will help

 

[chicken]

Re: ZINIFEX..ZFX

Looks like having BARCLAYS on board helps to stabalize the slide..here are some figures of intrest..now with Barclays share the amount available has shrunk to 50 million shares now 90% is owned by 21 shareholders..so 450million shares are not for sale at present prices..and if Barclays are adding to their holdings..well there will not be to much for sale...so this scrip is tightly held make your research but these are the figures I came up with..just imagin if Barclays buys another 25 million shares..then only 25 million are for us..so I am going to hold as I can see a much better price..in the offering..make your own research...

 

[Warren Buffet II]

Re: ZINIFEX..ZFX

now 90% is owned by 21 shareholders..so 450million shares are not for sale at present prices.

Heavy selling today, there is something cooking there. ZFX is going to buy-back $70 mil, let say for $3.10 /share = 22.6 mil shares. I am pretty sure some of the owners you mentioned are selling right now or are going to sell in the next month.

No ZINC price, no company fundamentals changes are driving this share price. Just my point of view.

 

[Warren Buffet II]

Re: ZINIFEX..ZFX

Production Interruption at Century Mine

That is the problem affecting this company right now. They expect between 11 and 18 days interruption and they do not know the financial impact of this yet (Expected to be available next week).

So, I guess ZFX will break down the $3 mark next week.

 

[chicken]

Re: ZINIFEX..ZFX

In fact if you do your mathematic it will not affect the bottom line because they are getting $200 more a tonne than what they thought original..do your sums because I have the feeling you like to pay silch for the shares mark my word it will not happen...as far as falling below $3..well the traders got us there but there are more buyers than sellers...my target is still $4..and I see there are hardly any shorts on this stock..meaning they got their delivery..I feel it was overdone but the brokers had a field day...I am not selling because it will go back the direction we just came from..hickups happen...but it has not altered my position in this company...

 

[chicken]

Re: ZINIFEX..ZFX

Remember...this company is the 2nd largest producer of ZINC...and has no debts...Brokers are having a ball...check the shorts only 300k left from 2millon they are working it down so they can buy back in...the company is sound...and I remember when NEWCREST was down to $1.75...have a look at the price now..same as woodside down to 0.75....yeah our share price will go up again...it could even be outside forces working against the company..as these falls and rises are not normal..its been happening to often..its not normal what is your thoughts please post

 

[chicken]

Re: ZINIFEX..ZFX

check www.kitcometals.com ZINC is UP in price..and stocks have fallen by another 9oo tonnes..as I said before ZINC is in SHORTSUPPLY

 

[Fleeta]

Re: ZINIFEX..ZFX

Where have you gone now chicken? ZFX has fallen over 10% in the past few weeks...although todays announcement was positive. Is now a good time to get in at 3.07? Any opinions on this stock?

 

[chicken]

Re: ZINIFEX..ZFX

I have been away for a holiday..at $3.07..must be good to buy as I said before..stocks of ZINC are falling..ZFX..are getting $200 more for ZINC than budget for..even though there has been a small hickup share will go higher after easter..earnings will suprise....check www.kitcometals.com zinc came back a fraction...but still well above the price the company said it would average for sale of metal..this hickup should hardly show in the books..I am in and staying there ...I feel after looking at the graph of falling metal stock price will keep up or go higher...

 

[The Barbarian Investor]

Re: ZINIFEX..ZFX

Maybe Fleeta is chicken trying to pass himself off as someone else..kinda like.."I'm a schitzophrenic and so am I?"

How many clones are out there on the forum hmmm

Ha Ha