Centamin Share Discussion Threads

[creditcrunchies] 28/3/2019 19:50

WRT to 2019 it is based on the consensus of brokers estimates the latest they've got net profit of $70.9 million for 2019, and $90.5 million for 2020. 2018 actual of $74.8 million. They've got higher turnover for 2019 but lower net profit. So there's a problem somewhere probably operating costs. They could be wildly out which would be the surprise element of all of this but I've yet to surprised to the upside. The worrying bit is dividend cover they can only just about cover them 1.08 for 2019, 1.15 for 2020. Not much room for error. The target price is $1.57 (120 pence)

[wbecki] 28/3/2019 19:35

Dear DT1010 -

I've 3 tonnes of peanuts here...Can you give me 3 tonnes of gold for them please



Economic Collapse Is Confirmed! $99 Trillion Dollar Devastating Debt Stock Market CRASH!

[plat hunter] 28/3/2019 18:59

Interesting video on Kitco for you gold bugs

[juju44] 28/3/2019 16:38

So was aug to mar

[dt1010] 28/3/2019 16:21

Tends not to do well until late Aug/early Sep and then performs well from then to March

March to Aug is poor

[volsung] 28/3/2019 16:16

Gold melts in the summer?

[juju44] 28/3/2019 16:04

They can keep their game going They have bought manipulated gold cheap last few years .why stop now

[dt1010] 28/3/2019 16:02

Nah. Summer is coming. Gold doesn’t normally do well in the summer.

[astjgroom] 28/3/2019 15:58

Juju, if banks buy gold April 1st it will have to rise. Supply n demand?

[zangdook] 28/3/2019 15:27

is there such a thing as a triple bottom?

[dt1010] 28/3/2019 14:30

Agree the big fall here recently was due to known underperformance factors.

But generally speaking the gold price is very much linked to the price of the gold mining sector. Bots trade it accordingly. Known fact.

[borisjohnsonshair] 28/3/2019 14:26

It's not hugely linked, it's entirely proportionate HOWEVER to value of the business and stock price fluctuation is influence far more by output & grades.

[dt1010] 28/3/2019 14:18

It’d be great if it did get to 60p

Be like picking up FRES for a fiver or HOC for 100p

[dt1010] 28/3/2019 14:15

Boris. Gold price is linked hugely to miners’ values. It’s a leveraged play on gold after all. Sentiment also pulls it up or down depending on price of underlying commodity.

So if gold keeps falling, this will too along with others, generally speaking.

[stevedaytrader] 28/3/2019 14:15

As I've said consistently here, we need to patient for any major move in the share price until the next set of data. People have posted recently when we can expect this, so fingers crossed- remains worth the gamble in my view, same as I've been saying since the big price drop end of Feb. Alas, people make all sorts of attacks on one-another when a stock hits the skids, still worth looking at this board I think, useful sometimes.

[plat hunter] 28/3/2019 14:09

Of course, I am DT

It's the obvious and rationale thing to do once you've realised someone is right after trolling them for it.

Now you say possibly 60p after deriding me for saying that a miss of guidance could take it to 67p.


You're pathetic man

[borisjohnsonshair] 28/3/2019 14:09

The movement of CEY is not mainly related to the gold price. Grade and output will carry much more weight. Gold remains above the 2018 average yet the CEY price remains collapsed. A positive Q1 update will make the price rocket and negative one lead to great drops. End of.

[dt1010] 28/3/2019 13:45

Yeah....question is how low will they take
It into the summer?

And how will it’s falls (to what extent) affect gold miners.

Will this drop to 60p?

Could happen.

[juju44] 28/3/2019 13:41

Banksters taking gold down to buy cheap for Basil 111. They may keep doing it for several years yet .

Back on the wire here

[dt1010] 28/3/2019 13:35

Plat. I am so bored by you.

Filtered.

[astjgroom] 28/3/2019 13:32

So much personal digs on here now you should all be embarrassed with yourselves.Gold down despite bond inversion, weak Q4, even Turkeys back in the news, bewildered.

[rotrader] 28/3/2019 13:21

Used to be a decent board - without all the pathetic personal comments .I'll stick with LSE in future.