Centamin Share Discussion Threads

[pedr2] 06/11/2017 15:18

Thanks for clearing that up Ph.
Initially I read your post as 5.67c IN 3rd quarter! One day hopefully they will be throwing off that kind of cash :-)

[qs99] 06/11/2017 12:17

Looks like seller cleared IMO>?

[phillis] 06/11/2017 12:14

i took the actual for Qs1,2and 3 and assumed same again for Q4
That's all
I think the other posters were basing their assumptions on pre profit share EPS

[pedr2] 06/11/2017 11:16

Hi Phillis,
Not sure if I’m missing something here but re your recent post (26469):
QUOTE
“you need to focus on eps AFTER profit share
5.67c after 3Qs, say 9.08c full year with same again in Q4
Do the sums”
Checking the quartely report (in 1st table & detailed in note 11) the EPS after profit share is 3.411 US cents (annualised x4 = 13.6c/10p)?
That’s probably why the share price has been weak - the effect of EMRA’s profit share can now be quantified.
Still think that CEY is a cracking long term hold (growing resource & exploration potential). I’ve been in CEY since the early days & continue to hold.

[juju44] 06/11/2017 09:15

Well oversold now though the chart looks awful with the relentless downtrend of the past 6 months

[phillis] 03/11/2017 22:05

Charlie
Long time no see
Did you make your fortune with Caledon and Patagonia?

[keyno] 03/11/2017 17:58

That's what has always worried me, jj44.

[juju44] 03/11/2017 16:54

Did Raghi jump ship knowing something we didn't

[phillis] 03/11/2017 15:46

you need to focus on eps AFTER profit share
5.67c after 3Qs, say 9.08c full year with same again in Q4
Do the sums

[charles clore] 03/11/2017 15:42

Thanks ast

[astjgroom] 03/11/2017 15:40

It's gone, next dividís Feb, maybe around 7.5 cents

[charles clore] 03/11/2017 15:38

When does this go ex-dividend anyone please?

[rrr] 03/11/2017 15:30

I share your puzzlement Davius. Could the still unresolved court case have any bearing do you think?

[juju44] 03/11/2017 15:30

Its all about gold

[davius] 03/11/2017 15:26

I find it hard to believe that with record production and a P/E now under 10, these are still dropping like a stone. This is back to my ISA average price now, so have just added and will ride it out. Usually when a share falls like this there's some underlying risk, often debt. No such issue here, they have a very healthy cash balance. And with the news that they expect to produce 600K ounces in 2018, there really aren't many negatives beyond the gold price continue to weaken. And with an all in production price under $800 it has a long way to fall before they have a real problem. Annoying as this fall is to the long term holder (like myself), it will be shafting the day traders. I suspect that's what the market makers are working at anyway.

[karam] 03/11/2017 13:59

The result is not bad

[haughtonhoney] 03/11/2017 13:57

Fast turnaround

[phillis] 02/11/2017 15:17

Good performance
Annualised eps to CEY shareholders of 13.64cents
Prospect of above average dividend but cant see it being worth much more than current levels

[qs99] 02/11/2017 14:21

Gold moving up again... cey un hedged making IMO serious hay... dyor and gla

[karam] 02/11/2017 13:50

When is the ex dividend date.

[jimbowen30] 02/11/2017 12:14

Juju
Lots of negativity on gold and great operational performance as usual from CEY mean time to buy imo. Just sit and wait for 12-18 months. Gold is holding up well and it will rise over this timeframe. Agree that a big dividend is probably on the way. Not much more to add....

[qs99] 02/11/2017 11:59

Well we may have to disagree. Gold price has held up remarkably well and shows demand despite $ strength and you watch imo if a market correction where gold heads! Dyor and gla

[juju44] 02/11/2017 10:25

I think belief in gold has evaporated. We have had every black swan imaginable over past couple of years with no real impact and now we have bitcoin . Not a gold bull left except all the media goons talking sh1t . Miners just not wanted