Centamin Share Discussion Threads

[jimbowen30] 31/3/2017 14:12

Not had in from TD investing but been paid into Selftrade.

[2walwen] 31/3/2017 13:56

Has anyone had their divi?

[astjgroom] 30/3/2017 08:45

we have divi reinvestment, new and old ISA year and production figures, I hope that helps push us through £1:80

[undervaluedassets] 29/3/2017 12:56

Well soft pound can only be helpful here from Uk perspective gold priced in dollars of course. She has pulled that trigger.

[juju44] 29/3/2017 10:53

This 180p area proving a tough nut to crack . failure to do so would set up a double top with potential for a big retrace. Sitting in overbought territory which makes me nervous

[jfishy55] 29/3/2017 08:32

I'm wondering if gold will soften slightly over the next 2 days (as it is the end of the month) meaning CEY will also soften.

Then will it firm up as people receive dividends & re-invest, followed by further firming on the 6th as people put the 2017 allowance into their ISA & invest it?

I'm just speculating, interested to hear what people think for/against or perhaps there won't be any difference?!

[yorgi] 28/3/2017 20:06

Good thinking Poleaxe, that was the quickest way :-)

[bluebell7] 28/3/2017 19:53

Thanks for all the info folks

[poleaxe] 28/3/2017 18:15

Bluebell - just go to the box at the bottom of this page and click on financials for CEY and all the data re dividends present and past will be revealed.

[yorgi] 28/3/2017 16:22

Martin has found it and for confirmation it is on page 156 of annual report

2016 nal dividend
A nal dividend of 13.5 US cents per
share on Centamin plc ordinary shares (totalling approximately US$155.5 million) was proposed by the directors on
1 February 2017. The nal dividend for the nancial year ended 31 December 2016 will be paid on 31 March 2017 to shareholders on the register on the record date of
3 March 2017, subject to approval at the AGM on 21 March 2017. The ex‐dividend date is 2 March 2017 for LSE listed shareholders and 1 March 2017 for TSX listed shareholders.

[martin collins] 28/3/2017 16:13

Payment date 31 March I believe, have just googled it and lots of info available.

[bluebell7] 28/3/2017 16:09

When is the divi due ,can't find any ref to it help anyone.

[juju44] 27/3/2017 14:54

Thing is why are miners not reflecting the gain in the metals. Is it because the miners being in the commercials group know the crooks will hammer the metal prices to suit the corruption of options expiry ?

[jimbowen30] 24/3/2017 19:03

Juju - it's only two weeks until the next quarterly production figures. If CEY produce anywhere around 150,000oz, I think they will smash through 180p. Assuming gold holds up, of course.

[juju44] 24/3/2017 08:46

Come on Centamin - smash that 180

[jfishy55] 22/3/2017 09:46

He was voted against as shareholders were concerned that, as a member of the board, he might not be impartial in his role as a member of the remuneration committee.

The board has not elected him back to the remuneration committee.

So it seems that the board has acted directly in accordance with the majority of shareholders wishes.

I fail to see how that is arrogant, they've done exactly what they should do - listened & acted on the concerns of the owners of the company (I.e. the shareholders).

[phillis] 22/3/2017 09:13

the Board is free to appoint anyone to the Board at any time
However when shareholders vote against someone - for whatever reason - then it is most unusual to immediately disregard that

He does not need to be a Board member if he is retained as a most valuable employee

Arrogance indeed

[jfishy55] 22/3/2017 06:21

Why do you say that Phillis?

A majority of shareholders felt a non-exec should have been appointed to the remuneration committee and not Trevor Schulz. Also, although the remuneration policy did not have significant votes against, the remuneration report itself did.

Seems to me that Trevor Schulz was not considered to be impartial as an exec despite the boards belief that he was. It appears major shareholders wanted a non-exec on the remuneration committee. Also seems there was not an issue with the remuneration policy itself, so no wrongdoing just a concern there could be in the future?

As such Trevor Schulz has been removed from the board (voted out so no choice in the matter) & brought back as a non-exec, covering all his previous roles except being a member of the remuneration committee. Bear in mind that being voted out does not mean "fired" it means voted out of the board position - any person in such a position would still be an employee.

As such it seems the board listened & responded appropriately & correctly. Do you think otherwise?

[jimbowen30] 21/3/2017 14:25

Gold price moving up will help (through $1250 would be nice). I think once CEY moves above 185p, there will be no looking back. quarterly production figures in a few weeks are another catalyst....

[phillis] 21/3/2017 14:25

AGM brouhaha

Ordinary shareholders go f* yourselves

[juju44] 21/3/2017 14:01

Technically critical area chart wise now.We need a charge through 185 and stay there to look very bullish. The indicators have plenty of room for more gains ; I stick with my £2 next target with potentially lots more beyond that .

[sparkle_and_fizzz] 21/3/2017 08:40

290kg (21st Mar) shipped this week

hxxp://www.leaders-news.com/egypt-news/502559.html

417kg (14th Mar) 417
391kg (7th Mar) 391
277kg (28th Feb) 277
265kg (20th Feb) 265
367kg (13th Feb) 367
250kg (9th Feb) 250
231kg (7th Feb) 231
321kg (30th Jan) 321
289kg (23rd Jan) 289
325kg (16th Jan) 325
375kg (9th Jan) 375
399kg (3rd Jan) 399

[shayadfn] 21/3/2017 06:34

Dividend is normally paid in dollars