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12401-12420 of 12510
only 100 shares nia. More upside next week.. :)
chipchip66 ( Date: 04-Mar-2016 15:18) Posted:
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24c liao!
Go for silver, Time for bull on this commodity
chipchip66 ( Date: 04-Mar-2016 12:42) Posted:
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Gold prices have entered the bull market..Load up if u think gold prices will continue to go up!
Small breakout!! hehehe....
chipchip66 ( Date: 02-Mar-2016 08:40) Posted:
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may attempt a small breakout... lets see...
1200$ is just recent px, last yr was vy low, so??? result out liaos, go n read it.
ozone2002 ( Date: 24-Feb-2016 10:11) Posted:
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gold 1250!!!
xiao liao..gold surged 1245. Oil inventory continues to build up..Saudi ruled out production cut. Oil going to or is plunging..CNMC going to surge...
PRESS RELEASE TAKEN FROM CNMC GOLDMINE
CNMC Declares 40% Increase in Dividend Payout on Record Gold Production and Sales of Almost One Metric Tonne of Fine Gold in FY2015
Net Profit Excluding FX Impact and One-off Tax Credit Up 10.8% at US$16.4M
Total dividend payout of 0.945 cent a share is 40% more than previous year&rsquo s
Gold production rose 19.5% year-on-year to record 31,205.85 ounces
All-in production costs down 16.1% year-on-year at US$608 per ounce of gold
Production costs only US$555, gold price at US$1,200+, u do the maths on how much they are making... Gd luck DYODD
23 February 2016 [Edge] CNMC Goldmine&rsquo s 4Q earnings up 3.3% at US$3.27 million
SINGAPORE (Feb 23): Gold mining company CNMC Goldmine Holdings&rsquo 4Q earnings rose 3.3% to US$3.27 million ($4.6 million).
Revenue fell 5% to US$9.3 million, due to weaker gold prices.
Production costs fell to US$555 per ounce of gold from US$610 a year ago.
For the full year, earnings fell 12.9% to US$10.67 million, although revenue grew 9.8% to US$36.5 million. The improved topline came on the back of higher production and sales of fine gold from increased productivity at CNMC&rsquo s three leaching yards. The group recorded an unrealised foreign exchange loss of US$3 million stemming from the depreciation of the ringgit against the greenback.
The group declared a final dividend of 0.18 cent and a special dividend of 0.405 cent for the 12 months ended December 2015. Earlier, it declared two interim payouts of 0.18 cent each, bringing the total dividend for FY2015 to 0.945 cents a share, up 40% from the previous year.
CNMC closed unchanged at 21.5 cents.
ozone2002 ( Date: 07-Jan-2015 10:54) Posted:
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Announced higher dividends due to higher profits!
Is PE low because mine is expected to run only for about 10 years max?
This week price action suggests accumulation. Any weakness was bought with strong close at end of day.
Anyway stock looks dirt cheap excluding FX non-cash items.
Anyway stock looks dirt cheap excluding FX non-cash items.
Commodities update: Gold ready to roar, crude looks up
By Economictimes.com and Agencies | 18 Feb, 2016, 08:57 AM
Gold is in the news again, with prices rising as much as 14 per cent this year,
which is ahead of the performance of most other asset classes. The latest bounce
in the prices is raising hope that the precious metal may be getting ready to
roar again. Or is it? While the Singapore-based DBS has turned overweight on the
yellow metal, Goldman analysts had recommended investors to short it.
which is ahead of the performance of most other asset classes. The latest bounce
in the prices is raising hope that the precious metal may be getting ready to
roar again. Or is it? While the Singapore-based DBS has turned overweight on the
yellow metal, Goldman analysts had recommended investors to short it.
Beijing: Gold is set to benefit from sinking expectations for higher US interest
rates and the potential for further market turmoil, according to DBS Group
Holdings, the Singapore-based bank that turned overweight on bullion last year
before the metal surged.
" Volatility in financial markets due to the
Chineseglobal slow down and low oil prices and doubts regarding the
effectiveness of monetary easing could continue," Manish Jaradi, senior
investment strategist at DBS' s Chief Inv ..
rates and the potential for further market turmoil, according to DBS Group
Holdings, the Singapore-based bank that turned overweight on bullion last year
before the metal surged.
" Volatility in financial markets due to the
Chineseglobal slow down and low oil prices and doubts regarding the
effectiveness of monetary easing could continue," Manish Jaradi, senior
investment strategist at DBS' s Chief Inv ..
Purely based on the fact Wilton can buy using CPF but CNMC cannot! :)
luckyfa ( Date: 18-Feb-2016 10:17) Posted:
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Would need to wait for long....However, CNMC is highly profitable and at current low price, looks even more attractive....The upcoming financial reporting will likely say ALL...Gold is shining again and by looking at the macroecomonic, it' s price is trending up and more Long call is Betting this yellow things!!!....
kakachi ( Date: 18-Feb-2016 06:59) Posted:
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What do you guys think about Wilton Resources? Currently at 7 cents. Good potential but havent produced a single oz of gold yet. When it does the price could multiplly.
China' s demand for gold surged by 2% in 2015
Reporter: Li Nan 丨 CCTV.com
02-17-2016 05:20 BJT
The hunger for gold. China has seen a rising demand for gold. That' s according to a recent report from the World Gold Council. Report shows that demand for gold remained resilient last year.
Total demand stood at over 4,200 metric tons for the whole year. On the other hand, consumer demand for gold in China saw a 2 percent rise, totaling over 980 metric tons.
Analysts say that Chinese investors are seeking shelter in the precious yellow metal, due to devaluation pressure on the Yuan and a weak performance by the country' s stock market.
Just as China rang in the Year of the Monkey with firecrackers, the price of gold has made a noise and splash of its own. As of Monday, the gold price in Shanghai sat at over 340 Yuan per gram, compared with less than 300 before the new year.
But the price change, has, on the contrary, stimulated consumers' passion for shopping.
" I came to check the gold price before the lunar New Year, and it was way cheaper. I did not expect it to rise again just over the festival period. So I decided to buy right now than later."
" I usually buy gold bars. The largest amount of money I ever invested on gold in one go was over 100 thousand Yuan. Now the gold price is steadily rising, and I believe the trend will continue."
The price of gold on the international market saw a seven percent increase last week, the highest weekly increase since December 2008. And if compared with the beginning of the year, the total rise stands at some 16 percent. Industrial experts say this growth is coming from the sluggish world economy.
" The world economy has been seriously affected by the previous global stock market declines, as well as recent declines in Europe and America. Globally, the negative interest rate of the industry is expected to go down after the recent interest rate increase by the US Federal Reserve.
" Also impacts from crude oil and bond exchange rates have pushed investors to hedge risks, which in turn lifted the price of precious metals, especially gold," said Li Yang, Sales Director of Baoruitong Pawnshop Corp. Ltd..
For Chinese investors, the disappointing performances of the Shanghai and Shenzhen stock markets has contributed to the rush for the precious metal.
" I fear nothing with gold in my hand. I invested in the stock market last year and lost several hundred thousand Yuan already,"
" I' d rather use this money to buy gold. Even if the gold price drops one day, my gold bars are still there."
Market experts expect the gold price will continue to rise, and hit new highs by the end of the year.
http://english.cntv.cn/2016/02/17/VIDEHMCowEVVDI1U2IhI5P0z160217.shtml
Gold price going up......