Centamin Share Discussion Threads

[sawadee3] 05/10/2016 08:28

Well the market was keen to dive in at 1.44, lets see where we go today :-)

Normally we get the rise leading up to results followed by a sell off. This time is different due to the Gold price.

Personally i think CEY is a great buy at this price :-)

[undervaluedassets] 05/10/2016 08:16

Gold price not within their gift to control.

What is within CEY's control - operations, production etc - looks to be in great shape on the evidence of today's numbers.

[dmitribollokov] 05/10/2016 08:03

Tell that to the gold price

[sawadee3] 05/10/2016 07:56

Bring on the bounce :-)

Happy days chaps :-)

[undervaluedassets] 05/10/2016 07:46

Well yesterdays little reversal has prove to have been a buy opp given today's production report which looks excellent

[redbaron10] 05/10/2016 07:35

Cheers for that brutus8.You just confirmed in your post why i'm in gold.Every central bank in the world has, or is, trying to debase their currencies in a race to the bottom.The time frame is uncertain,but it aint going to end well for most economies.

[brutus8] 05/10/2016 02:05

When China is on holiday the yanks smash the price down. Kind of stupid since on Sunday they will just load up big time and cheap further reinforcing the backing of their currency. What have the yanks got aside from paper and as for the germans; a bank loaded with 70+ trillion in derivatives, that's five times the German GDP. US elections, Italian elections, Greece third bail out to come then German and French elections. Might as well put £ 20.00 notes in the photocopier and use them to go shopping next. The banks do it so why not us. P.S. I like silver best, I leave the gold to the arabs and their bad taste in everything.

[sawadee3] 05/10/2016 01:07

Well played dmitri :-)

Not too worried about Gold as my Oil stocks are flying :-)

Will be happy to load up more Centamin on the usual market overreaction :-)

[dmitribollokov] 04/10/2016 22:27

Sold out yesterday, looks like it will get smashed over the next few days/weeks, the rebound will be swift and take us over £2 imo. Will we fill that gap at 108/110 first??

[redbaron10] 04/10/2016 20:50

Feeling mugged here.$40 drop in a day,what's all that about? I know the final quarter started yesterday,with the prospect of a Fed rate rise in December.I'm prepared for a strengthening dollar in the run-up to December, but not for the gold price to bail like this! There's the ongoing uncertainty over Deutsche Bank and their Dept.of Justice fine in the US,we still have negative interest rates with the ECB and BofJapan,and this month is peak physical gold buying period in India.Not to mention the small matter of the uncertainty over the US presidential election!!! There's some significant US economic data tomorrow,plus US non-farm payrolls Friday which could impact the dollar.Failing that i'm almost tempted to secretly wish for a Trump victory 8/11!! Had a good run with HGM,then moved in here.Probably should've stayed put.

[sawadee3] 04/10/2016 17:51

It's the damn mafia again Mr Til!

[davidtil] 04/10/2016 17:19

Who let the dogs out ?

[sawadee3] 04/10/2016 15:04

Gold being hammered. F@@ks sake.

[sawadee3] 04/10/2016 11:04

Easy game :-) Happy days chaps :-)

[sawadee3] 04/10/2016 09:20

Absolutely agreed chaps :-)

[weemonkey] 04/10/2016 08:27

Agreed. Has stated strategy to be dividend stalwart returning unwanted cash to shareholders. Is debt free so there will be some chunky dividend payouts to come.

In these days of low (no) interest those seeking income will be attracted here

[undervaluedassets] 03/10/2016 15:57

Set to be a great year for this company. Hard not to be.

Conservative management with strong assets

Came off alot recently and now clawing back up.

Not much talked about but will hike the divi this year by 50% +.

[sawadee3] 03/10/2016 11:50

Easy game...easy money :-)

Happy days chaps :-)

[shayadfn] 02/10/2016 20:31

I suspect it may fall tomorrow, I will probably add before Thursday, that's when the 3rd qtr figures will come out. Please note this is not an encouragement to buy,sell or hold this stock.

[mattboxy] 02/10/2016 15:42

Shay u looking to add at these levels or only if it falls?

[shayadfn] 01/10/2016 14:28

Its always hard to gauge how far it may fall before recovery, I have been trading this stock since start of 2013 starting at 35p but I have been adding every-time it fell I reduced my holding by 20k at £1.80: diversified into hgm, entering at 83p and building that up to 149k+. Although cey is still my biggest holding. looking to add to my cey holdings in the coming weeks.

[blowitall] 30/9/2016 16:10

Been steady for a week or so hovering below 150 and think it may break soon...see

Timed my last buy wrongly at 169 (having dropped from 180) so I am clearly not the best at this game, but I am confident in cey to give me a good return long term. Over the years they have made me a lot of dosh.

[rovi70] 30/9/2016 10:45

Centamin PLC CEY RBC Capital Markets Sector Performer 151.90 149.40 190.00 200.00 Reiterates