Centamin Share Discussion Threads

[ukgeorge] 25/5/2018 10:56

I use Iweb (part of halifax) and touch wood zero problems. No charges on holding an ISA, £5 to trade seem generally very good.

I also have iii who's platform is worse, generally don't get good prices on international trades seem to over charge on fx fees and also charge £25 a quarter for the privilege of having an account. No prizes for guessing which I prefer.

[mattcookson] 25/5/2018 10:53

FYI, this share has a history of Solid recovery after fall like this, over the last 3 years it dropped like today and bounced back up 30-40% within a matter of days. Get your hands on this at this ridiculous price while you can :).

[rrr] 25/5/2018 10:50

I had similar problems Calahan but as you say well worth it in the end.

[calahan] 25/5/2018 10:47

^^^ rrr - I have the same story. The switch to HL was painful due to how badly Barclays dragged their heels during the transfer (took them over 3 months to fully complete it, and over a dozen complaint calls). But looking back it was worth the pain and was one of the better investment decisions I made in past 12 months.

[rrr] 25/5/2018 10:41

I left Barclays when they switched to the new platform. Went instead to Hargreaves Lansdown. I'm told many other people did just the same. HL are first class IMO. Was able buy CEY this morning with no problem.

[dmitribollokov] 25/5/2018 10:40

Cheers xamf, don’t like the at best option, could get filled anywhere!

[xamf] 25/5/2018 10:35

dmitri - Give Barclays a call. I had the same problem and had to place at best rather than quote and deal. I was told they would honour my trade (at 131.75) but as yet it's still showing as pending.
Completely agree with your view of the platform....

[wisteria2] 25/5/2018 10:26

Thanks UK, but oil going forward could relinquish its recent gains. (who knows)

[jovi1] 25/5/2018 10:25

I topped up too
I do think this is an opportunity to get in at discount
When mining company have this type of issue generally become opportunities as long as the grade is low due to transaction from one place to another
Less than 10% reduced expectations if come true do not justify this drop on price especially given the cash in the bank

[ukgeorge] 25/5/2018 10:18

So looking at the news,

Guidance has been lowered from 580koz to 510koz

Cash cost increased from $555/oz to $632.5/oz

and
Aisc from $825/oz to $882.5/oz


Lets use 1300 for gold

1300-825 = $475 * 290koz = $137.7M
1300-882.5 = $417.5 * 255koz = $106.4M


The mine remains one of the lowest cost in the world and about the 20th largest. The oil price will be impacting costs given the OP is so big.

[mattcookson] 25/5/2018 10:18

This is a solid business with good divi. This is just a temp blip, share price will bounce back in no time. Grab your hands on this while you can :). Perfect time for top up for me. Come June these will be well above 160-70 levels. Solid buy!!

[fenners66] 25/5/2018 10:15

eodfire - no being ironic..

[sh0wmethemoney] 25/5/2018 10:15

Dipped toe in here too

[juju44] 25/5/2018 10:15

I have also bought some

[ifthecapfits] 25/5/2018 10:11

Way overdone. I'm in for some more.

[wisteria2] 25/5/2018 10:04

Should take the sting out with a gradual rise from here!

[wisteria2] 25/5/2018 10:02

Slapped down! overdone is my guess !

[haughtonhoney] 25/5/2018 10:02

Managed to get 7,500 worth....but can't seem to get any more

[eodfire] 25/5/2018 09:52

Morning fenners. Being negative her also.

[astjgroom] 25/5/2018 09:51

She's turning, buys are coming in hence no shares available, let's see if it holds. Could do with some good gold news today.

[dmitribollokov] 25/5/2018 09:48

I can’t buy any amount atm for some reason

[jovi1] 25/5/2018 09:42

If we going for a tea leaves I think this will close around 137

[fenners66] 25/5/2018 09:42

With the market around all time highs any bad news is severely punished.