Centamin Share Discussion Threads

[phillis] 10/5/2017 13:54

It is income and you will pay tax on it
For the tax year just ended (apr 2017) you get the first £5k of divis tax free

[mattboxy] 10/5/2017 13:11

Can anyone advise on tax on cey dividends. My summary from Barclays shows cey dividend with no tax paid presumably due to jersey status. When I fill in a tax return do I have to pay some tax on the dividend? I should be in the basic rate tax band.Thanks for any help

[jimbowen30] 10/5/2017 10:38

In a word, yes!

[welsheagle] 10/5/2017 10:12

Jim Bowen30,
Does this mean that Centamin is undervalued.

[trentendboy] 09/5/2017 10:36

Some nice Leos

[hectorp] 05/5/2017 17:12

On the 6 to 9 month chart CEy looks like HOC and many others, but I'd contend that this is a short measuring period and upside could resume any time, if it were not going into the summer doldrums.

[jimbowen30] 05/5/2017 12:42

From the LSE board

Centamin Plc (LSE:CEY) Gross Margin Score in Focus

May 3, 2017
nvestors having Centamin Plc (LSE:CEY) on their watchlists might want to take into consideration the Gross Margin Score of the firm. Centamin Plc currently has a score of 7.00000. This score is derived from the Gross Margin (Marx) stability and growth over the previous eight years. The Gross Margin score lands on a scale from 1 to 100 where a score of 1 would be considered positive, and a score of 100 would be seen as negative. The low score of 7.00000 for Centamin Plc indicates a top score for stability and growth.

Checking in on some valuation rankings, Centamin Plc (LSE:CEY) has a Value Composite score of 22. Developed by James O’Shaughnessy, the VC score uses five valuation ratios. These ratios are price to earnings, price to cash flow, EBITDA to EV, price to book value, and price to sales. The VC is displayed as a number between 1 and 100. In general, a company with a score closer to 0 would be seen as undervalued, and a score closer to 100 would indicate an overvalued company. Adding a sixth ratio, shareholder yield, we can view the Value Composite 2 score which is currently sitting at 14.

After a recent scan, we can see that Centamin Plc (LSE:CEY) has a Shareholder Yield of 0.064408 and a Shareholder Yield (Mebane Faber) of 0.06437. The first value is calculated by adding the dividend yield to the percentage of repurchased shares. The second value adds in the net debt repaid yield to the calculation. Shareholder yield has the ability to show how much money the firm is giving back to shareholders via a few different avenues. Companies may issue new shares and buy back their own shares. This may occur at the same time. Investors may also use shareholder yield to gauge a baseline rate of return.

At the time of writing, Centamin Plc (LSE:CEY) has a Piotroski F-Score of 7. The F-Score may help discover companies with strengthening balance sheets. The score may also be used to spot the weak performers. Joseph Piotroski developed the F-Score which employs nine different variables based on the company financial statement. A single point is assigned to each test that a stock passes. Typically, a stock scoring an 8 or 9 would be seen as strong. On the other end, a stock with a score from 0-2 would be viewed as weak.

Centamin Plc (LSE:CEY) has a current ERP5 Rank of 1309 . The ERP5 Rank may assist investors with spotting companies that are undervalued. This ranking uses four ratios. These ratios are Earnings Yield, ROIC, Price to Book, and 5 year average ROIC. When looking at the ERP5 ranking, it is generally considered the lower the value, the better.

Shifting gears, we can see that Centamin Plc (LSE:CEY) has a Q.i. Value of 7.00000. The Q.i. Value ranks companies using four ratios. These ratios consist of EBITDA Yield, FCF Yield, Liquidity, and Earnings Yield. The purpose of the Q.i. Value is to help identify companies that are the most undervalued. Typically,

[tightfist] 05/5/2017 11:54

Astj,I used to travel a lot (and meet) on business in China in 2011/2012. I came back then shaking my head at sky-high leasehold apartment prices in the suburbs of Shanghai, and the amount of capital going into projects with IMHO no sustainable demand. Dormant apartment complex builds were most obvious, less obvious to an outsider were industrial capacity investments.I have not gone near a Chinese investment since (beforehand I copped a couple of dodgy AIM companies).I am interested in your observations from Shanghai, can you add any more meat?Cheers, tightfist

[astjgroom] 05/5/2017 05:12

Funny though I'm in Shanghai and they are building what looks like the worlds biggest terminal at PVG, but at the terminal I was in it was almost completely empty at 1030am. Paper Stimulus.

[astjgroom] 05/5/2017 02:25

Yeh I can see and feel VIX at low, there's so much money pumped into the system it's flowing around quite well at the moment, I'm sure it won't last forever but short term there is nothing to push gold higher, but there are inbalances and those will become apparent, when though...

[rotrader] 04/5/2017 20:05

A real car crash today - temporary crash I hope

[jimbowen30] 04/5/2017 17:02

Interesting presentation on gold:



Pages 24 and 25 show how cheap the miners are.

[rotrader] 04/5/2017 10:05

you never know when the good news will hit

[tightfist] 04/5/2017 10:03

Fear is falling, VIX hit an all-time low last Monday. Global Fear/Complacency factor is not why I am in Gold, but it does seem to be the short term influencer.Yesterday's results seem to have specifically unsettled CEY.

[mattboxy] 04/5/2017 08:13

Why is gold falling every day?

[sg31] 03/5/2017 18:02

It's a buying opportunity.....

[dmitribollokov] 03/5/2017 16:34

At some point, but not yet...

[rotrader] 03/5/2017 15:56

bookwormrobert
Agree - buying opportunity.

[nasdaqpat] 03/5/2017 14:03

Brokers like GS should be outlawed and their Directors sent to gaol, IMO...nearly always happens that a positive stance by GS is ultimately met with a falling share price Allegedly, they try and bump the price up in order to sell cos they know there is some indifferent news to come out. Its a scandal really but Governments do nothing about it and possibly even encourage it to happen.

A bit unfair on CEY today, though, as its now, arguably, been punished twice for the same data (10 Apr & today).

[skinny] 03/5/2017 13:09

Panmure Gordon Buy 167.25 209.00 209.00 Retains

[bookwormrobert] 03/5/2017 10:25

The upside is that we are promised a revised reserve and resource estimate in H1 2017. For what that could mean have a look at some of Sicko's posts on the LSE board. Centamin's Egyptian government partners have been publicly quoting much higher figures than Centamin themselves.

For now, today's very well flagged "bad" news is a buying opportunity. So that's what I've done.

[rebess4] 03/5/2017 10:18

'Ouch'

We wander there
We wander here
We smell the rose upon the briar
Unmindful that the thorn is near
Amongst the leaves.

It'll soon heal - IMO

[weemonkey] 03/5/2017 08:30

This morning the market seems to focusing on the Results and comparisons with the previous quarter which were well flagged in the production results of 10/04/17.

As more productive facies are mined should re-adjust. This is a conservative company that does not over promise.

The bigger news however is surely the inferred resource upgrade from the ongoing exploration projects both locally and elsewhere.

Added a few

update to the above...
Wow world's shortest conference call. only 9 mins. And only one question. Well the broking community clearly were unsurprised and unmoved by todays results - which after all were nothing more than a confirmation of the production results disseminated on 10/04/17)

[juju44] 27/4/2017 15:04

The bigger trouble is that the mafia control the metal price and move it to suit US govt. They rule