not vested
<Research Report>ZIJIN MINING (02899.HK) maintained Buy - GS
ZIJIN MINING (02899.HK)'s net profit declined 9% year-on-year to RMB5.2 billion in the year 2012, the first drop since 2003, when shares of the gold miner were first floated.
Nevertheless, Goldman Sachs is optimistic upon diversified miner and therefore believes ZIJIN MINING will fare better than miners of gold only like ZHAOJIN MINING (01818.HK).
ZIJIN MINING was maintained Buy with target price kept at $4.05.
Source: AAStocks Financial News
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Zijin Mining 2899
Re: Zijin Mining 2899
by winston » Tue Feb 19, 2013 11:53 am
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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Re: Zijin Mining 2899
by winston » Mon Jun 10, 2013 8:39 pm
not vested
ZIJIN MINING (02899.HK) downgraded to Underperform with target $1.7 by Stanchart
Standard Chartered downgraded ZIJIN MINING (02899.HK)'s rating from Outperform to Underperform and lowered the target from $2.69 to $1.7 mainly because the cost pressure has not yet been eased.
Besides, the bank predicted that the gold price will record a 12% drop in 2013, ZIJIN MINING's profit will decline 50%.
Meanwhile, it cut the forecast for the company's net profits for 2013/14 by 35% and 41% to RMB2.58 billion and RMB2.64 billion respectively.
The return on average equity for 2013-15 was expected to be 9%, which is less than half as compared to the level of 23% for 2009-2012.
Source: AAStocks Financial News
ZIJIN MINING (02899.HK) downgraded to Underperform with target $1.7 by Stanchart
Standard Chartered downgraded ZIJIN MINING (02899.HK)'s rating from Outperform to Underperform and lowered the target from $2.69 to $1.7 mainly because the cost pressure has not yet been eased.
Besides, the bank predicted that the gold price will record a 12% drop in 2013, ZIJIN MINING's profit will decline 50%.
Meanwhile, it cut the forecast for the company's net profits for 2013/14 by 35% and 41% to RMB2.58 billion and RMB2.64 billion respectively.
The return on average equity for 2013-15 was expected to be 9%, which is less than half as compared to the level of 23% for 2009-2012.
Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
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Re: Zijin Mining 2899
by winston » Thu Jul 04, 2013 2:50 pm
not vested
<Research Report>ZIJIN MINING (02899.HK) downgraded to Hold, TP cut to $1.4 by BNP
Jun 28, 2013
BNP Paribas predicted in a report that ZIJIN MINING (02899.HK)'s gold price for 2013-2014 will be US$1405/oz and US$1155/oz respectively.
Accordingly, ZIJIN MINING earnings forecasts for these periods are dragged down by 26% and 42%.
Global marginal cost of gold is expected to be US$1129, so the stock's target price was cut by 60% from $3.4 to $1.4.
The rating was downgraded from Buy to Hold.
Past records show that the stock price was 90% linked to the gold price, therefore, it is predicted the stock price may face downward pressure.
Source: AAStocks Financial News
<Research Report>ZIJIN MINING (02899.HK) downgraded to Hold, TP cut to $1.4 by BNP
Jun 28, 2013
BNP Paribas predicted in a report that ZIJIN MINING (02899.HK)'s gold price for 2013-2014 will be US$1405/oz and US$1155/oz respectively.
Accordingly, ZIJIN MINING earnings forecasts for these periods are dragged down by 26% and 42%.
Global marginal cost of gold is expected to be US$1129, so the stock's target price was cut by 60% from $3.4 to $1.4.
The rating was downgraded from Buy to Hold.
Past records show that the stock price was 90% linked to the gold price, therefore, it is predicted the stock price may face downward pressure.
Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
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Re: Zijin Mining 2899
by winston » Tue Dec 31, 2013 6:14 pm
not vested
ZIJIN MINING (02899.HK) buys guaranteed financial products
ZIJIN MINING (02899.HK) -0.020 (1.190%) Short selling $1.84M; Ratio 4.409% announced that the Board of Directors approved yesterday to use own idle funds to purchase guaranteed financial products for an amount of not over RMB1.5 billion.
The authorized period is from 1 January to 31 December 2014.
Source: AAStocks Financial News
ZIJIN MINING (02899.HK) buys guaranteed financial products
ZIJIN MINING (02899.HK) -0.020 (1.190%) Short selling $1.84M; Ratio 4.409% announced that the Board of Directors approved yesterday to use own idle funds to purchase guaranteed financial products for an amount of not over RMB1.5 billion.
The authorized period is from 1 January to 31 December 2014.
Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
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Re: Zijin Mining 2899
by winston » Mon Jan 06, 2014 7:52 pm
ZIJIN MINING (02899.HK) continues repurchasing H shares
2014-01-05
ZIJIN MINING (02899.HK) +0.010 (0.581%) Short selling $6.90M; Ratio 8.375% announced that on 3 January, the Company continued repurchasing 23.728 million H-shares, accounting for 0.109% of the total share capital, for a price of $1.68 to $1.71 per share, involving a capital of $40.36 million.
Source: AAStocks Financial News
2014-01-05
ZIJIN MINING (02899.HK) +0.010 (0.581%) Short selling $6.90M; Ratio 8.375% announced that on 3 January, the Company continued repurchasing 23.728 million H-shares, accounting for 0.109% of the total share capital, for a price of $1.68 to $1.71 per share, involving a capital of $40.36 million.
Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
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Re: Zijin Mining 2899
by winston » Sun Jan 12, 2014 8:04 pm
ZIJIN MINING (02899.HK) buys back 17.7M H-shares
2014-01-10
ZIJIN MINING (02899.HK) +0.010 (0.595%) Short selling $12.04M; Ratio 17.877% announced the company had bought back 17.7 million H-shares on 10 January, representing 0.295% of the issued H-share capital, at $1.67-$1.7 per share, involving an amount of $29.823 million.
The group had re-purchased a total of 153 million H-shares since 21 August 2013.
Source: AAStocks Financial News
2014-01-10
ZIJIN MINING (02899.HK) +0.010 (0.595%) Short selling $12.04M; Ratio 17.877% announced the company had bought back 17.7 million H-shares on 10 January, representing 0.295% of the issued H-share capital, at $1.67-$1.7 per share, involving an amount of $29.823 million.
The group had re-purchased a total of 153 million H-shares since 21 August 2013.
Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
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Re: Zijin Mining 2899
by winston » Mon Jan 27, 2014 7:55 pm
vested
ZIJIN MINING (02899.HK) 2013 net profit drops 58% to RMB2.2B
ZIJIN MINING (02899.HK) +0.050 (2.924%) Short selling $8.85M; Ratio 7.152% announced the audit data for last year.
As at the end of 2013, the company's operating revenue rose 2.83% year-on-year to RMB49.787 billion, net profit declined 58.23% to RMB2.176 billion, and earnings per share were RMB0.1 as compared to the year-ago RMB0.239.
Source: AAStocks Financial News
ZIJIN MINING (02899.HK) 2013 net profit drops 58% to RMB2.2B
ZIJIN MINING (02899.HK) +0.050 (2.924%) Short selling $8.85M; Ratio 7.152% announced the audit data for last year.
As at the end of 2013, the company's operating revenue rose 2.83% year-on-year to RMB49.787 billion, net profit declined 58.23% to RMB2.176 billion, and earnings per share were RMB0.1 as compared to the year-ago RMB0.239.
Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
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Re: Zijin Mining 2899
by winston » Mon Feb 10, 2014 4:10 pm
Vested
ZIJIN MINING (02899.HK) buys back 12.87M H-shares
ZIJIN MINING (02899.HK) announced the company had bought back 12.874 million H-shares on 7 February, representing 0.059% of the issued share capital, at $1.58-$1.63 per share, involving an amount of $20.7 million.
The group had re-purchased a total of 166 million H-shares since 21 August 2013.
Source: AAStocks Financial News
ZIJIN MINING (02899.HK) buys back 12.87M H-shares
ZIJIN MINING (02899.HK) announced the company had bought back 12.874 million H-shares on 7 February, representing 0.059% of the issued share capital, at $1.58-$1.63 per share, involving an amount of $20.7 million.
The group had re-purchased a total of 166 million H-shares since 21 August 2013.
Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
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Re: Zijin Mining 2899
by winston » Thu Feb 13, 2014 8:35 pm
vested
ZIJIN MINING (02899.HK) kept Underweight, target lifted to $1.45 - MS
2014-02-13
ZIJIN MINING (02899.HK) +0.050 (2.841%) Short selling $6.94M; Ratio 5.143% 's 2014 mined gold production guidance beat projection, while mined copper production guidance missed estimate, Morgan Stanley said in a report.
The above guidance is positive for the market, as it eased investor's concerns over the possible decline in gold production.
The broker lifted its earnings forecast on ZIJIN MINING by 10% to reflect the new guidance. Target price for ZIJIN MINING was hiked from $1.3 to $1.45.
Morgan Stanley held a conservative stance on ZIJIN MINING in mid to long term, as rising production costs and downside gold price risk are unfaourable for the stock price. As such, ZIJIN MINING was kept Underweight.
Source: AAStocks Financial News
ZIJIN MINING (02899.HK) kept Underweight, target lifted to $1.45 - MS
2014-02-13
ZIJIN MINING (02899.HK) +0.050 (2.841%) Short selling $6.94M; Ratio 5.143% 's 2014 mined gold production guidance beat projection, while mined copper production guidance missed estimate, Morgan Stanley said in a report.
The above guidance is positive for the market, as it eased investor's concerns over the possible decline in gold production.
The broker lifted its earnings forecast on ZIJIN MINING by 10% to reflect the new guidance. Target price for ZIJIN MINING was hiked from $1.3 to $1.45.
Morgan Stanley held a conservative stance on ZIJIN MINING in mid to long term, as rising production costs and downside gold price risk are unfaourable for the stock price. As such, ZIJIN MINING was kept Underweight.
Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
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Re: Zijin Mining 2899
by winston » Mon Mar 31, 2014 8:48 am
not vested
ZIJIN MINING (02899.HK) 2013 net profit down 59.2%; final div 8 fen
2014-03-30
ZIJIN MINING (02899.HK) 0.000 (0.000%) Short selling $3.13M; Ratio 8.409% announced that for 2013, the revenue fell 2.8% to RMB49.77 billion; net profit fell 59.2% to RMB2.13 billion, representing EPS of 10 fen. A final dividend of 8 fen was declared.
During the year, the Group' gold output rose 20.16% yearly to 3.489639 million ounces.
The combined gross profit margin fell 6.94 ppt yearly to 17.93%.
Source: AAStocks Financial News
ZIJIN MINING (02899.HK) 2013 net profit down 59.2%; final div 8 fen
2014-03-30
ZIJIN MINING (02899.HK) 0.000 (0.000%) Short selling $3.13M; Ratio 8.409% announced that for 2013, the revenue fell 2.8% to RMB49.77 billion; net profit fell 59.2% to RMB2.13 billion, representing EPS of 10 fen. A final dividend of 8 fen was declared.
During the year, the Group' gold output rose 20.16% yearly to 3.489639 million ounces.
The combined gross profit margin fell 6.94 ppt yearly to 17.93%.
Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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