Centamin Share Discussion Threads

[davius] 11/7/2018 15:32

A bit of catching up to do. Never seen a broker recommendation make a ha'peth of difference to Centamin though...

10 July 2018, 11:00
Source - SMW

Numis today reaffirms its buy investment rating on Centamin PLC (LON:CEY) and raised its price target to 200p (from 180p).

[shayadfn] 11/7/2018 15:29

The interactive investor site is down, unable to trade. I'm looking to add

[juju44] 11/7/2018 09:05

Its up to gold I reckon

[tsmith2] 11/7/2018 08:18

Start of another leg down?

[mattboxy] 10/7/2018 11:56

Q3 2017 156000Q4 2017 154000 If they repeat those figures we will exceed the revised figures for 2018 and now that they have stated we are into the higher grade sulfide ore why not! I think this has been played a bit but not noticed any major reduced holdings announcements from the big boys Buy now and tuck away divvy could be maintained from cash held as well

[trentendboy] 10/7/2018 11:51

I need to look at the last couple of announcements - some signs management not quite on the ballBut looking cheap.,,

[ukgeorge] 10/7/2018 10:48

300koz in H2 should do the trick

[astjgroom] 10/7/2018 10:46

I like their optimism, here's hoping

[garycook] 10/7/2018 10:00

10 Jul Centamin PLC Numis Buy 114.03 180.00 200.00 Reiterates

[juju44] 09/7/2018 17:21

Agree but we have had a new intra day low for the year so i would be very cautious

[action] 09/7/2018 16:52

Right on support level 114. So let's see if it holds or next level 104p tested in co.ing days

[ukgeorge] 09/7/2018 16:30

A pretty good recovery given the negativity earlier on. Hopefully give it 3 months and we can all be kicking ourselves for not buying more. :)

[flopticalcube] 09/7/2018 15:52

I guess this shows how unreliable shipments are as an indicator. Must have used gold from the store room. Very disappointing results. I suspect AISC to take a big hit come the Q2 finals. Hopefully we can put an end to this soft patch soon and move on.

[warranty] 09/7/2018 14:04

Thanks edjge2, I’m only a relatively short term holder here so wasn’t entirely certain of management honesty although from what I saw before investing they seemed pretty reliable. As I’m intending to hold long term for income, I’m happy to wait for capital gain and take the divi in the meantime. I’m considering adding to both my miners, this and CAML, which also looks unfairly marked down recently.

[return_of_the_apeman] 09/7/2018 12:32

I listened to the call this morning and am expecting good news on the quality of the new ore in August

Topped up, this price is a steal :-)

[edjge2] 09/7/2018 12:20

Gold moved up to 1264. My adder escaped at 110p. Even with temp production downer seems ascreamer as rileyma posts above.
Mid 2016 this was 110p before and if divi not interfered with, a nice 6% divi too.
6 months time all this blip forgotten IMO.
Warranty management been pretty reliable compared to some. Study their historical conduct. Sitting on a big gold reserve and that price likely to move up from here.

[warranty] 09/7/2018 11:08

I suppose it depends how much you trust management assurances that things will improve from now on? If that's right and this is just a blip and there is a quick turnaround, then this is surely a great chance to buy but if management are just talking it up out of hope, then it may be prudent to wait and see.

[norry2] 09/7/2018 10:38

Back in at 109.6

[ukgeorge] 09/7/2018 10:36

Please put a massive short on Eastbourne

[eastbourne1982] 09/7/2018 10:22

I'd buy at 60p otherwise it isn't worth the risk.

[shieldbug] 09/7/2018 10:14

UKGeorge - on markets not being efficient. Right now there is a lot of emotion and because of that there is a lot of confusion. Trade war could be inflationary and could help gold but it also creates a lot of fear and uncertainty. We just have to live with that and stay focused on the long term. For now I am treating this a falling knife and staying clear.

[ukgeorge] 09/7/2018 10:04

can't help but think that the share price would be a fair bit higher had they not bothered warning the market of bad results.

Seems a bargain here but in two-three weeks when the cost data is released the shares may get hit again.

it's not that surprising today really but really does show that markets are anything but efficient.

[rileyma] 09/7/2018 09:57

Ouch!
This has gotta be a screaming buy?