Centamin Dividends - CEY

Centamin Dividends - CEY

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Stock Name Stock Symbol Market Stock Type
Centamin Plc CEY London Ordinary Share
  Price Change Price Change % Stock Price Last Trade
-0.32 -0.4% 80.12 14:58:34
Open Price Low Price High Price Close Price Previous Close
80.00 79.00 80.52 80.44
more quote information »
Industry Sector

Centamin CEY Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount

Top Dividend Posts

kennyp52: TraderLOSER .. Have I upset you ? Do I need to go back to Trader365 posts on CEY 3 years ago when you did exactly the same ? When the clever money was buying in and rode it up to 220p and sold / took their profits .. I made a fortune whilst you sat there in your stained string vest watching it all unfold and burning up with jealousy . Everyone knows you lost a fortune here like every other share you are in so you deramp it continually in anger . Get a life and move on . Some really happy holders here know the value in CEY will come and happy to hold .. suck up the dividends .. and look forward to 150+ within 2 years . You are an absolute muppet . Boris is right . Plat is right . Stevedaytrader is right .. you are a sad weirdo that needs to move on but can’t .
kennyp52: Always know when you have touched a nerve with TraderLOSER .. he goes demented on his posts 🤣🤣🤣🤣 For those that want some serious conversation on CEY .. production was down and $225m of CAPEX spent with dividend maintained . No finance has been used for CAPEX .. we are putting the working capital to use. As we increase production … don’t listen to TradeLOSER’s deramping he hasn’t got a clue what is going on .. the cash will increase accordingly . The solar plant will offset some of the fuel price rises as we switch over… “ Construction of the Sukari 36MW hybrid solar project is progressing towards commissioning in H2 2022. The project is expected to reduce diesel fuel consumption by an estimated 20 million litres per annum” H2 production is targeted higher and Doropo at advanced stage of development with ABC and the new Egyptian tenements to be explored . Airborne survey next year could be very interesting . Buy cheap , enjoy the dividends on the way and this will be back at tier 1 assets status in the not too distant future. All info is there to see .. it’s just that TraderLOSER can’t understand it 🤣🤣🤣 e.g. he doesn’t understand if you repair a wall , switch to owner managed underground and you budget for significantly lower production then the FCF and AISC numbers increase . Bloody hell .. come on TraderLOSER get a grip on this one or you will lose out again like you did when my average was 72p and rode it all the way up to selling at .. 15/09/2020 Sold S741781252 219.04 Taking a big fat profit and certainly NOT advising people to buy at that price. Jealousy is an ugly thing . You could not even understand how to make10% in a matter of days trading half my pot on the yo-yo trading range .. the exact thing Plat is doing now . Dimwit is the right word for you I think … yes dimwit 🤣🤣🤣
trader465: Look at the CEY dividend policy... "Specifically, the Board will aim to approve an annual dividend of at least 30% of the Company’s net cash flow after sustaining capital costs and following the payment of Profit Share due to the Government of Egypt" ...BUT, free cash flow is negative in the last annual results "Adjusted Group free cash flow declined by 104% to negative US$6 million, after profit share distribution of US$75 million to our partner, the Arab Republic of Egypt" Https://uk.advfn.com/stock-market/london/centamin-CEY/share-news/Centamin-PLC-Final-Results/87564785 The Egyptian government is getting more than the shareholders, CEY can no longer afford to pay shareholders a dividend
trader465: The gold price is flat yoy but CEY AISC is up 9%, dividend per share is higher than earnings per share, this is obviously not a sustainable position for the company to be in 2022 EPS is the figure to watch
trader465: “that should put a floor under the price” Shut up you tit, you said the same when CEY directors were piling into CEY shares at 120p 😆😂🤣
trader465: ‘they will panic and start doing the opposite“ How do you know? If rates keep rising gold will come under more pressure, CEY EPS will be squeezed even harder which will result in a share price decline and dividend cut. Average achieved gold price is flat, AISC is up 9%, earnings are less than the dividend, cash has fallen by over $100m
trader465: In 2021 CEY paid out 10c in dividends, EPS was below the dividend at 8c, this is obviously not a sustainable position and it’s eating away at cash quickly EPS need to drastically increase, this is going to be tough with the 9% AISC headwind Q2 news will give us a clue
master rsi: Yes has gone ex-dividend on 19/05/2022 Dividend Currency Elections The dividend will be paid on 10 June 2022, in US Dollars ("USD") with an option for shareholders to elect to receive the dividend in Pounds Sterling ("GBP"). Currency elections should be made no later than 25 May 2022 as per the instructions detailed on the Company website (www.centamin.com). Payments in GBP will be based on the USD/GBP exchange rate on 26 May 2022 and the rate applied will be published on the website thereafter. web site .. Https://www.centamin.com/investors/
cinquepercento: Trader:re:loss chasing comments above: Thank you,for your advice on loss chasing etc. I will give your comments careful consideration. Stevedaytrader: I enjoyed reading your poste on loss chasing as well. :-) Plat,, I expected some flack from my post just above. At least I will be picking up a very useful amount of dividends irrespective of the post-exdividend share price for Cey.
338: Based on Q1 production and capex figures, I think CEY will generate cash positive at the end of this year. Q1: 93 koz (at realised gold price of $1,883) has generated $50m cash. After capex of $71.4m the cash balance became negative $21.4m To meet the lower end guidence of 430 koz, CEY will deliver 337 koz. Assuming the realised gold price is also $1,883 and other costs are the same... CEY should generate free cash of $181m... and the remaining capex needed is only $152m... so the expected cash positive is around $29m Of course the realised gold price should be higher than $1,883 per oz (as seen in April). Also, there's potential to meet the higher end guidence of 460 koz and lower cost as the result of investment in renewable energy, etc. Therefore, CEY could end up with cash positive before dividend payment. That's my simple math.... what do you think?
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