Centamin Share Discussion Threads

[spacedust] 05/10/2018 14:51

Shorters will close towards November.

[spacedust] 05/10/2018 14:49

Ok ozs down from 580k to 480k. If it were the other way round I can safely say that we would notnhave seen a 20% plus rise in few hrs.....now that is a fact!!!!!!

[creditcrunchies] 05/10/2018 14:47

my guess the price action looks like a large block sell order was being worked through the day I mean look at the volume today it's massive literally double

[creditcrunchies] 05/10/2018 14:44

well when you mess with Mr Market that's what you get they've lost confidence that's why it is better to under estimate in case of production issues you always get those. That's something shareholders need to take up with management

[adg] 05/10/2018 14:42

I’m in 5k @88.8p
Only been watching for about 7 yrs...
Is Dekka still on here?
Sold Eland Oik & Gas after 2 yrs to pay for CEY
What’s thoughts on dividend going forward?

[ifthecapfits] 05/10/2018 14:39

A near 20% hammering in one day is - well just wow. Would never have thought it.

[creditcrunchies] 05/10/2018 14:37

I got filled at 88.5p (edit)

[ifthecapfits] 05/10/2018 14:31

I'm in for some more.

[cinquepercento] 05/10/2018 14:28

Spacedust:re drop in all most other gold stocks:Should CO s get the big good bye?

I think that we have all observed that Centamin is more volatile than most of the main Goldmines when it comes to ups and downs and when it drops,it Drops!!!

Also,I think that anyone who has looked at the 2 year,3 year charts etc on Centamin is going to be a bit nervous re:where is Centamin really going and how safe is it?

I have stayed out of this share and risked missing out,of course, as I said several posts ago that it looks as if it is falling off a cliff.

I am thinking that it will test the bottom again at around 86 pence and then we will see a big come back or it will continue down.
Just my thoughts.
I think that I will have to buy some if it drops to 86 or so.

[phillis] 05/10/2018 14:27

space

Did you ever work in the real world?

The original forecast of 580k ozs was downgraded in May to 505k-515k ozs
We are now promised 480k ozs
Someone is going to be asked to walk the plank here

[creditcrunchies] 05/10/2018 14:25

I just think of the divi spacedust but buy it on the lows it's part of my income fund at the end of the day

[novicetrade68] 05/10/2018 14:23

If the September performance is anything to go buy the missed targets are a thing of the past and from now it could well be steady as she goes.

[creditcrunchies] 05/10/2018 14:21

limit order in to buy let's see if it gets filled

[spacedust] 05/10/2018 14:19

80p today then. Shorters dream until November. I'm down 20% in one day having been up 10%

[stevedaytrader] 05/10/2018 14:17

Non-farm payrolls a big miss which is good, hence gold up. FTSE getting whacked yet again, holding us back as usual, coupled with the results, although ~19% is a complete over reaction- happens with high risk stocks like this one alas. Hold time- many have sold on the way down, but as per normal, no one knows where the bottom is...

[spacedust] 05/10/2018 14:16

What about the drop in all other gold stocks barring acacia. Should COO in other gold stocks get the sack as well

[phillis] 05/10/2018 14:12

I guess the COO is first in line for the chop

[bulltradept] 05/10/2018 13:53

I think the problem is mgt are now being doubted. It's bad enough to reduction production figures but then to do it again, within months...

Mr Market doesn't forget easily.

[edjge2] 05/10/2018 13:47

Overdone I think, expectations damaged, reality still the same.

[spacedust] 05/10/2018 13:46

Will be shorters dreams until 1 November now. So could well be 70p. I'll be adding at every along the way.

[wallywoo] 05/10/2018 13:46

yep a test of the bottom likely. Though I for one will be topping up, once this gets under 90p.

[ken tennis] 05/10/2018 13:44

The way this is going I wouldn’t be surprised if they take it back to 84.74 over the next few trading days.

[phillis] 05/10/2018 13:41

looks like USA kicking in - literally!