KAZ

Hanif wrote: Does anyone have any advice on trading KAZ, post the ENRC takeover? Thanks.

hi Hanif
its always dangerous to try and trade a share that's in a take over.Its best to wait and see how the price acts after the take over for a few months.This way you can see the price develop via the charts.

Does anyone have any advice on trading KAZ, post the ENRC takeover? Thanks.

Not one for me at the moment(still on the watchlist), waiting for the dust to settle, KAZ government 26% stake of KAZ will be reduced to nil as far as I can see? New production facilities to come on line 2014/15 to increase production (300,000 tonnes of copper last year)by 50%, should be in time for the start of global growth 2016/17? Will go back into FTSE 100 sometime I guess with the urbanisation around the world set to continue (If all countries to have USA standard of living, we need 4.5 world's, so all resources will continue to be scarce as property and infrastructure will increase as populations grow especially in younger countries. Maybe ANTO will perform better at next up trend than KAZ as in FTSE 100?

More efficient and II supported FRES also on watchlist in preference to badly beat-up POG and KAZ, but FRES bounced off the 61.8% retracement level I think(2150p - 105p)= 886p, FRES picked up by Remo I think on a 1-2-3 low post recently, but could be a short term bounce?,will metals contiune to fall or will China be forced to buy if 6% GDP is breached, is US recovery robust? will EU as a whole go into a deeper recession? The main trends are still down on global growth as per recent IMF growth revisions, that's without geo-political turmoil. For really bad view see part 2 of the crisis:-

www.leap2020.eu/GEAB-N-76-is-available-A...n-social_a14266.html

But very EU/French biased, anti UK/US viewpoint (ONLY ONE CHART).


Will KAZ double bottom at 233p or go below 179p (November 2008). I remember those volatile times in 2008, with FTSE up and down 9% and KAZ up and down 27% on the same day, as a new investor/gambler my wife saying sell at 27% up, but waited 2 weeks to sell at 25% up from a 181p entry, only small wager to start and kept to KAZ only for 6 months. Left FTSE 100 KAZ for AIM, GKP being the only hold at present, but learnt a lot since those days, money management (the hard way), entry and exit (getting better), etc. Not a trader (wish I was for currencies though)and don't need to trade for an income, but sitting mainly on cash waiting for the bottom in commodity stocks and looking out for the next growth stocks to move into after the initial commodity stock spikes.

LYC.AX I've been watching fall for 2 years now on REE basket price fall, should be good for 1000% in next secular bull market (2016/17? to 2025?) after the approaching crash. Last secular bull market 1990 to 2000, top growth share was Cisco Systems 13,000% odd increase, so 1000% for LYC.AX may not be unrealistic?, just about to start production of rare earths with Japanese orders to fill (a commodity stock and a technology stock as used in many high tech products).

KAZ billionaire Vladimir Kim (247th richest 3.7bn US$)has done very well, selling 11% of KAZ(1.3bn US$ worth of stock)to KAZ government in October 2010, increasing their stake from 15% to 26%, but Kim still retains 28% of KAZ I think. When he sells the rest, may be a good time to do the same and move on from KAZ, I wonder who'll buy from him again?

2020's to 2030's meant to be another world war according to another trends analyst, so maybe to coincide with stock market top in 2025?(+/- a year owing to global events). DOW 38,820 by 2025:-

money.msn.com/market-news/post.aspx?post...00-dd99-1b0000000000

Hi Wreckless Eric,

As I posted on iii:

Surely, there's an arbitrage trade to be had - considering ENRC's current share price - should the takeover be successful.

How the might have fallen eh? When I first purchased a tranch of KAZ, it was a few years back, and they were around 200p (around the big crash).

Then they increased some 6/7 fold, and I never thought for a second and in the absence of a 2009 crash, that they'd fall back to the 200 odd range.

A shameful display by the BoD or just bad luck?

...........................

I honestly don't know where the mininng companies are heading. I own shares in 4 of them (GLEN, ANTO, POG - late entrant thankfully! - and KAZ in ISAs etc...), and really but for trading CfDs on the side to compensate, I would otherwise be apoplectic at their dire performance.

1.02pm RNS KAZ General Meeting 2nd August.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN OR INTO ANY RESTRICTED JURISDICTIONS OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

FOR IMMEDIATE RELEASE

12 July 2013

Kazakhmys PLC (“Kazakhmys” or the “Company”)

SHAREHOLDER CIRCULAR AND NOTICE OF GENERAL MEETING

Further to the Company’s announcement made on 24 June 2013 relating to the announcement by Eurasian Resources Group B.V. (“Eurasian Resources”) of its firm intention to make an offer for the entire issued and to be issued share capital of Eurasian Natural Resources Corporation PLC (“ENRC”) (other than the ENRC shares already held by Eurasian Resources) (the “Takeover Offer”) and the proposed disposal of the 334,824,860 ENRC ordinary shares held by the Kazakhmys group pursuant to the Takeover Offer and the related repurchase of the 77,041,147 Kazakhmys shares from Eurasian Resources by the Company (the “Transaction”), Kazakhmys announces that the Shareholder Circular including Notice of General Meeting regarding the Transaction and other connected matters is being posted to shareholders today.

The General Meeting will be held at the offices of Linklaters LLP, One Silk Street, London EC2Y 8HQ, United Kingdom at 9.00 a.m. (UK time) on 2 August 2013.

In accordance with LR 9.6.1, Kazakhmys has submitted the following documents to the National Storage Mechanism which will shortly be available for inspection at www.hemscott.com/nsm.do :

- the Shareholder Circular including Notice of General Meeting; and

- Form of Proxy relating to the General Meeting.

The Shareholder Circular including the Notice of General Meeting is available at www.kazakhmys.com

From the chart below you can see
The importance of the 123 low...
you can see clearly from the chart
how you would not have entered based on the 123 low
until yesterday. So basically you would not have caught
a falling knife as such. its clear to see the importance of
this simple method.


dl.dropboxusercontent.com/u/4899609/kaz2ndjuly.png

You would have been out of this share from the highs at 800+ until now .
This does not mean this trade is going to win You could still lose but the risks are less now than before.For shares to go higher it needs the first higher high as such. Maybe we have this?? only time will tell. Thats why the stops are very important in trading.Anyone that says dont use stops is not a trader but a gambler. once get bailed out with a stop attached you will know the meaning of emotions There aint any when you have stops attached. without it ,you would be emotionally attached.