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CNMC Goldmine
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Goldminer
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Joelton
Supreme |
02-Apr-2025 11:54
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PhillipCapital initiates coverage on CNMC Goldmine with ' buy' call and 49 cents target price
PhillipCapital' s Paul Chew and Liu Miaomiao have initiated coverage on CNMC Goldmine Holdings, with a " buy" call along with a target price of 49 cents.
In their April 1 note, the analysts believe that the Malaysia-based gold miner is likely to see earnings grow by 46% y-o-y to US$17.9 million for its current FY2025 ending Dec 31, thanks to both higher production volume and gold prices.
" Gold prices have remained at multi-year highs since the beginning of 2024, and the market remains bullish on the 2025 outlook amid heightened geopolitical tensions and aggressive central banks purchase," state Chew and Liu.
" CNMC stands to be a key beneficiary, selling gold at spot prices. We expect the average selling price to increase by at least 18% y-o-y to US$2,900," they add.
In addition, the analysts see CNMC as a leveraged play on rising gold prices, as it ramps up production capacity this year onwards. They estimate the company to generate $34 million per year in free cash flow over the next ten years, implying a free cash flow yield of 24%.
Assuming the dividend payout ratio is kept at at least 40%, this translates into a yield of 5.6%.
Their target price of 49 cents is based on 10.3x FY2025 earnings.
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Eagle88
Supreme |
02-Apr-2025 11:38
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Now worth more than USD40K !!! 
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Eagle88
Supreme |
02-Apr-2025 11:35
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CNMC share price will continue to break out !!!
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Eagle88
Supreme |
02-Apr-2025 11:33
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PE for CNMC should be revised much higher inline with much higher gold price and other gold miners in the world !!! | ||||
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superstartup
Supreme |
02-Apr-2025 11:32
Yells: "Enjoy doing Fundamental Research" |
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I have physical gold. Total weight around 400g. Bought long time around and added last year. Small amount.
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Eagle88
Supreme |
02-Apr-2025 11:26
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Why buy Bitcoin while you can buy GOLD !!! LOL
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Eagle88
Supreme |
02-Apr-2025 11:23
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Gold to hit USD10K /oz is not imaginable in the near future !!!
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Eagle88
Supreme |
02-Apr-2025 11:11
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Central banks are selling USD and buy GOLD !!! No one will refuse GOLD !!!
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Eagle88
Supreme |
02-Apr-2025 11:07
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MAS is one of the top 3 buyers of gold in the world !!! In gold we trust !!!
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Eagle88
Supreme |
02-Apr-2025 11:05
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CNMC may go up fast and furious by above 10% !!! DYODD !!! | ||||
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huattuatua
Elite |
02-Apr-2025 11:04
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huat tua tua ar anytime better than the 1/2 pips gains hor, lol |
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Eagle88
Supreme |
02-Apr-2025 11:03
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Nothing will go wrong by following MAS of Singapore to buy GOLD !!!
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Catrade
Master |
02-Apr-2025 10:40
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In the uncertain world of both physical/economic wars, plus the lack of trust in US$(fiat currency), Gold is the safe haven. Naturally, gold price rise is both unavoidable n unstoppable, gold future continues to rise (now US$3,161/oz) n Morgan Stanley latest forecast is US$3,400/oz in 2025. https://www.bloomberg.com/news/videos/2025-03-31/morgan-stanley-gold-may-reach-3-400-an-ounce-in-2025 |
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Catrade
Master |
01-Apr-2025 12:49
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With US protectionism n isolationist policies through tariffs n economic wars, could this speed up de-dollarisation of US$ n moves towards gold standard? Why many central banks n BRICS countries r buying tons of gold including Singapore? Gold had at least broke 7 historical records this past year till now Wow! wow currently Gold is at US$3,144/oz another record!🤗 | ||||
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huattuatua
Elite |
01-Apr-2025 10:21
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52 wk high again today | ||||
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Rightstock
Veteran |
01-Apr-2025 10:20
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CNMC target price SAC $0.45 Lim & Tan $0.48 Phillip $0.49 Soon more brokerage firms may give their target prices as CNMC may be upgraded to the mainboard. Vested for the long term.
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Catrade
Master |
01-Apr-2025 10:00
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Morgan Stanley: Gold Could Reach $3,400 an Ounce in 2025With such a forecast, CNMC FY2025 net profit would easily double!Therefore it' s share price could shoot past 40c by next reporting with superb positive profit warning from the management. Investors can expect higher dividend as well. Likely, CNMC can be admitted into the SGX mainboard, n bigger funds can flow in to buy. |
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Catrade
Master |
01-Apr-2025 08:38
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https://tradingeconomics.com/commodity/gold
Gold soared past the $3,110 mark on Monday, setting a new all-time high. The metal is now up nearly 18% in Q1, on track for its largest quarterly gain in over 38 years. The rally has been driven by strong safe-haven demand as investors seek protection amid mounting concerns over President Donald Trump' s escalating trade war. Reports indicated that Trump is considering higher trade tariffs on a wider range of countries when he unveils his plans for reciprocal duties on April 2. In addition, Trump on Sunday warned of imposing 25-50% secondary tariffs on Russian oil if Moscow blocks his efforts to end the Ukraine war, while he also threatened Iran with additional tariffs and bombing if Tehran fails to reach a nuclear agreement. Other factors contributing to the rally include expectations of interest rate cuts, central bank buying, and strong demand for ETFs. |
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Eagle88
Supreme |
28-Mar-2025 17:37
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It is TIME for CHINA to step in to LEAD the world !!! CHINA should not just export to other countries BUT to buy from all the other countries !!! Boost up the consumption in CHINA, give free trips to all their Citizens !!! Free makan on daily basis !!! Free accommodation !!! Free train rides within CHINA !!! GDP will shoot up to the moon !!! LOL !!! | ||||
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Eagle88
Supreme |
28-Mar-2025 16:09
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Gold price will continue to go up as Trump is playing TARIFFS card as TRUMP CARD !!! US may become GREAT again by having everything by themselves and for themselves, but it takes time, and other countries will have to work together by taking US out of their economic equation to keep their GDP intact and higher if possible, let US do its own business !!! By having free trades among other countries !!! The world can survive without US !!! | ||||
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