Centamin Share Discussion Threads

[astjgroom] 27/7/2017 13:46

Faith kept. Think we need a conviction movement in gold, not all this flirting up and down. Results may help cement a move for us.

[terry barnett] 27/7/2017 12:03

hxxp://www.gold-eagle.com/article/gold-topsy-turvy-world

[juju44] 27/7/2017 09:52

Yep , keep the faith

[trentendboy] 27/7/2017 09:13

Some nice upward moves - could return to the 180s given the mood music

[astjgroom] 26/7/2017 12:11

We're 31k oz adrift from last year which is $38m! But gold prices have been slightly higher this year so that may reduce another $5m the drift. Anything over 0.04 cents would be fab

[jfishy55] 26/7/2017 11:52

Historically they have paid on a roughly 1/3rd interim, 2/3rds final. I'm assuming this will be continued.

I'm concerned the interim may be low due to cash flow being low for H1 due to less gold being produced. However, H2 will be significantly better so I'm expecting a very good final.

However, with a policy of 30%+ of FCF & last year coming in at 70% FCF I think many may be concerned that last years 70% may not be matched....the announcement on the 3rd will hopefully clarify things for going forward.

[finkwot] 26/7/2017 09:40

Have they given any indication how they plan to divided the 30%+ between the two dividends? If the plan is to have a small interim and then tidy everything up for the year with a large (or not) final then there may not be much to read into the forthcoming interim announcement.

[juju44] 26/7/2017 09:02

regular mm shake first thing here lately

[legg96] 25/7/2017 14:17

Only 6 trading days to the half year results. Margins will have improved from last year and strong production is flowing thro` in the second half. May get the long awaited resource upgrade. The real jewel in the crown would be news on developments in West Africa. At the AGM the company indicated that there were 3 potential mines which could be developed there. A lot more drilling is being undertaken to decided which one should be developed first. Hold tight.

[edjge2] 25/7/2017 12:08

holding up with gold's shenanigans

[juju44] 24/7/2017 16:14

Back on the 200dma which I didnt want to see .Needs support here once again

[jfishy55] 24/7/2017 14:17

I think people may be jittery about the dividend to be announced on the 3rd August.

After a massive final last year, people will be looking to see if it will be maintained.

The policy is currently 30%+ of FCF. Last years final came in at around 70%.
Gold sales will be down as gold is less plus less produced due to the east wall cutback.
I'm looking for 3c to 7c per share. 7 will be great, 3 will be disappointing.

However, guidance has been maintained meaning that the 2nd half of the year will see a massive increase in gold production & therefore sales. If gold also rises, this will increase profits/cash flow too.

I think this is why we have low volume / disconnect from the price of gold. People will buy or sell depending on the dividend announced. I then expect a steady rise until the final dividend which I think will be great - after all CEY have declared that they are not a bank & unless they need investment for elsewhere, I think a high dividend will be continued (and if they need cash for an investment elsewhere then that will be positive news and a driver for the share price anyway).

[juju44] 24/7/2017 13:41

CEY is not behaving as it should with gold making a shape at yet another recovery. Mind you miners generally are not performing too well either

[juju44] 24/7/2017 12:57

African governments not to be trusted . Could steal your company

[rovi70] 24/7/2017 12:43

The old boy knew some thing when he sold all those shares for himself and family. lets hope its short term and that when the recession comes all will be buying into gold.

[jimbowen30] 24/7/2017 12:08

It's not! Well it's producing gold in the same continent...

[katie priceless] 24/7/2017 10:27

How is CEY related to Acacia ?

[juju44] 22/7/2017 12:33

poor day maybe related to Acacia mining problems in Tanzania

[mattboxy] 21/7/2017 19:25

Gold 1255 And cey finish downThese will fly in august if gold stays put or rises

[katie priceless] 21/7/2017 14:55

You are now Gold down and CEY down more

[juju44] 21/7/2017 13:52

We should be going with gold. Get up there Centamin

[juju44] 21/7/2017 09:13

Seems to start most days with a mm shake

[juju44] 18/7/2017 14:29

KEEP THE FAITH