Centamin Share Discussion Threads

[flopticalcube] 19/6/2018 00:04

392 kilos shipped today... about another 10K ozs.



Production has been 107.7 tons since 2010...

[troc1958] 18/6/2018 22:01

Beneish M Score of 169?. Is this correct? Did they give the breakdown of the calcs. This score seems much too far from acceptable levels

[davius] 18/6/2018 14:29

Had this through on email, worth a read. With broker recommendations, director buys, and an investment firm hitting 5%, the share price continues to struggle...


Centamin Plc (CEY.L) Has a Lofty Target of 2.17 According to Experts

Written by Alfredo Boyd on June 17, 2018

Brokerage research firms on the Street have given Centamin Plc (CEY.L) a one year price objective (target) of 2.17. Compared to peers in the Gold industry and Basic Materials sector, we can see that Centamin Plc performed better than 1% of their peers over the past month, better than 7% over the past two weeks, 8% over the past quarter and better than 11% over the past year. Relative Strength is a measure of price growth that indicates how a stock is performing relative to the rest of the market. It is a numerical measurement expressed as a percentage.

Centamin Plc Shares have moved -3.55% for the week, -27.53% for the month, -15.90% for the quarter and -15.90% for the past year.
Stock analysis typically falls into two main categories. Some investors may prefer technical analysis, and others may prefer to study the fundamentals. Many investors will keep an eye on both. Technical analysis involves trying to project future stock price movements based on prior stock activity. Technicians strive to identify chart patterns and study other historical price and volume data. Technical investors look to identify trends when assessing a stock. The trend is typically considered to be the main direction of the share price. Trends are generally categorized as either up, down, or sideways. If a bullish trend is spotted, the trader may expect the upward trend to continue and thus try to capitalize on further upward action.

F Score & Beneish

Centamin Plc (CEY.L) has been given an F-Score of 5.00. The score was developed by Joseph Piotroski, a professor of accounting at the University of Chicago, after whom it is named.The F-Score is a financial score that is used to screen for high quality stocks, in terms of their fundamental value, based on nine financial parameters. The parameters are tied mainly to profitability, leverage, liquidity, and overall operating efficiency of the company. As the F-score measures the financial health of a firm, stocks with a high F-score of 7 to 9 are considered to be safer investments than those with lower scores. Stocks with scores under 5 would be considered avoidable using this method.

Centamin Plc has a Beneish M-Score of 169.59. The M-Score is a sophisticated calculation used to determine the probability of a firm manipulating their financial reports. In short, a number greater than -1.78 is bad, smaller than -1.78 is good.

Investors are constantly looking for ways to find success in the stock market. Figuring out what stocks to buy can be tough. With so many different names to choose from, the task can seem quite overwhelming at times. Many investors will opt to go with a mix of growth and value stocks. Investors looking to capitalize on shorter-term price movements may have a completely different game plan than those who are looking to fin stocks to hold onto for the longer-term. Finding quality stocks that match the individual’s criteria may take a lot of effort and dedication, but it may be well worth it for the long-term success of the portfolio.

In looking at some key variables, we note that Centamin Plc (CEY.L) has a price to earnings ratio of 12.00 and current year earnings per share of 9.85. In terms of ratios, the stock has 9.08 return on equity, 8.72 return on assets and a current ratio of 10.77. ROE is a profitability measure of investments. With ROE, higher values are typically sought after. A high ROE points to the ability of a company to effectively generate income on new investment. Many investors will monitor ROE values in conjunction with other ratios in order to obtain a broader sense of a company’s competency. Investors often compare ROE of firms that operate in the same industry. Investors may also track the historical ROE trends over time in order to expand their frame of reference. ROA shows how effective the firm is at using their total assets to generate profit. Investors often use the ROA figures to help cross-examine businesses within the same industry. This financial ratio can even become more useful when comparing it to the industry average or other marks like return or historical performance. Investors may feel more comfortable picking shares to add to the portfolio after thoroughly combing through the fundamentals. EPS is an important metric used to determine the common shareholder’s portion of the company’s profit. Earnings per share measures each common share’s profit allocation in relation to the company’s total profit.

Centamin Plc (CEY.L) boasts a market cap of 1420m and last touched 118.20 on a recent bid. Shares moved -1.05% or -1.25 in the most recent session on dollar volume of 3960086000.

Some traders may be employing technical analysis to try and conquer the market. There are plenty of various indicators that traders can use. Studying different technical indicators can provide some good insight, but the individual investor may want to start by focusing on a few different popular ones. Deciding which indicators to use may require a significant amount of homework. Trying to track too many signals at first might not be the best idea, and it may even create more confusion. Once the indicators have been chosen, traders may spend a good amount of time back testing strategies before making some trades.

[american idiot] 18/6/2018 11:17

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[1corrado] 18/6/2018 11:12

I bet 125p by Friday at least anyone on it......................

[juju44] 18/6/2018 09:08

Agree . We should expect some recovery in gold which will lift the miners

[trentendboy] 17/6/2018 11:46

Looking like a nice entry price for short term tradeHmmmm

[flopticalcube] 15/6/2018 18:29

$1275 hit. Looking for a (at least) temporary bounce from here.

[juju44] 15/6/2018 16:54

You still wont beat them. Morgan will just drive the price up and sell off all the silver they bought from us mugs at manipulated junk prices . Then they will make even more billions

[lodgeview] 15/6/2018 16:37

The only thing we have to beat them is time. Always remember that and don't go chasing rainbows.

[flopticalcube] 15/6/2018 16:36

30m shares traded on the quad witching rebalance.

[juju44] 15/6/2018 16:26

Well there you have it the metals smash yet again . You don't beat the crooks

[chrismisson555] 15/6/2018 16:00

holding up quite well considering gold drop today, albeit it has already dropped a huge amount. What do you reckon will be the bottom.

[skinny] 15/6/2018 15:48

i'd like to think its over sold.

[flopticalcube] 15/6/2018 15:37

Quad witching day taking its toll on gold. Summer low in the next few weeks I think. Perhaps at month end. Likely to be south of here by $40-50.

[skinny] 15/6/2018 14:50

Centamin announces that Gordon Edward Haslam, Deputy Chair and Senior Independent Non-Executive Director, purchased 25,000 ordinary shares in the Company, on 14 June 2018, at a price of 117.1 pence per share. Following this purchase Gordon Edward Haslam holds 127,056 ordinary shares in the Company.

[juju44] 15/6/2018 13:39

Another miners massacre day . Do they know the metals will get whacked ?

[edjge2] 15/6/2018 12:18

CEY hammered a bit unfairly and just when gold may make a move. Keep us posted flop and hope that does not happen here.

[juju44] 15/6/2018 12:18

Miners in bear market ??

[rhcm] 15/6/2018 08:06

Hi flopticalcube,

you are right, this is only a rough guess but helps pass the time.

[edjge2] 15/6/2018 08:01

Juju added here its headed for cannot lose long term region and a stonking firm. A bit near middle east theatre of war.

[chrismcglone] 14/6/2018 23:00

The chart does look pretty horrible. But then, I’ve never bought shares because of a chart. I agree with 27193 above. Mr Market is in a rare, generous mood.

[flopticalcube] 14/6/2018 19:53

Hi rhcm,

If it is the 5th then I'll have to subtract the April 1st shipment from my calcs which is about 7K ozs so maybe a little above 120K assuming the next 3 shipments are all around 10K ozs each.

EDIT: I'd like to add that these are only estimates based on shipments. What was actually mined and refined by CEY could be a different number as they may add to or extract from gold stockpiles in the storage room..

[rhcm] 14/6/2018 19:33

Hi Flopticalcube,
I believe the cut off date for shipments is the 5th so there should be 3 more shipments. I estimate 130k.