Portfolio shares: I'm selling Central Asia Metals
I've decided to sell Kazakhstan-focused copper producer Central Asia Metals (LON: CAML). In this piece I explain why and outline how I plan to get my dividend system back on track.
Disclosure: At the time of publication, Roland owned shares of Central Asia Metals.
Having been burned by Polymetal International (and subsequently seen the shares fall much further, after my sale) I've decided to close my model portfolio's holding in Central Asia Metals (LON: CAML).
This AIM-listed UK firm produces copper in Kazakhstan (and lead/zinc in North Macedonia). It's been a reliable performer for income investors over the years. So far, it's share price has not been seriously affected by the events in Ukraine.