One of my favourite AIM listed shares when it comes to how the company is run and the progress that has been made over the years has to be Central Asia Metals (CAML), even if the share price hasn’t really lived up to expectations so far.
Copper prices are approaching the lowest levels that we have seen since the world began to recover from the initial impact of Covid, with economic concerns playing a big part in that.
Central Asia Metals (CAML) is one of those companies which I think is consistently undervalued by the market, and although it carries some degree of geo-political risk, I believe that too large a discount is applied for that.
Shares in Central Asia Metals (CAML), having recently been hit further following already sector malaise, have responded 4.5% higher on the back of a Q3 “operations update”. There looks more to come.
Central Asia Metals (CAML) has announced results for the first half of 2021 and said that the outlook for the remainder of 2021 is positive, including strong demand for the metals that it produces.
I’m surprised to see Central Asia Metals (CAML) showing some share price weakness prior to the release of its interim results next week, as I’ve no reason to suspect that they will disappoint the market – in fact I would expect them to be good!
Base metal producer Central Asia Metals (CAML) looks to have macroeconomic structural and economic recovery demand against supply constraints in its favour and as that is further reflected in its financial results we see further share price upside from current levels.
Central Asia Metals (CAML) is a company which I have followed for a number of years, and although the share price hasn’t seen much movement during that time, anyone who has followed my previous buy tips should still have done okay from it.
I’ve been a fan of Central Asia Metals (CAML) for some time now, and although the share price isn’t much higher currently, I still see it ultimately growing into a bigger company.
When you find a resources company that has plenty of growth potential and you like both the fundamentals and the management team behind it, then it often makes sense to build up a long term position in it over a period of time.
Central Asia Metals (CAML) has been a favourite of mine for some time now and with this company I think it is very much a case of letting your winners run, as I can still see plenty of upside in the coming months and years.
If I’m being completely honest then I have to admit that I was somewhat annoyed when an RNS from Central Asia Metals (CAML) initially landed to say that trading in the shares had been temporarily suspended pending the acquisition of a large asset. That annoyance though was largely driven by a shorter term view, as shares in the company had been doing very well and the price was increasing steadily in the run up to the financial results, which were expected to be good and with yet another high yielding dividend to be paid. Alongside that copper was flying and had just topped the $3.10/lb level.
Although you can’t currently trade shares in Central Asia Metals (CAML), given my bullishness on the company I felt that I should take a look at the current situation following news of a suspension in trading at the start of the week.









