Centamin Share Discussion Threads

[ukgeorge] 08/10/2018 15:00

Fingers crossed $1,180 holds.

[casual47] 08/10/2018 14:35

Chinese currency close to year high vs dollar. 6.93 USD/Chinese Yuan.

Expect to see measures taken by the Chinese to avoid it hitting the psychological 7 level.

[manics] 08/10/2018 14:00

Gold not helping the cause though we're decently into Crashtober -could change on a dime imo.

[casual47] 08/10/2018 13:54

Nobody in their right mind would say this company is worth less than 1 billion dollars. Add to that 300m dollars cash and you get to 86p/share. That would be the valuation of Centamin as if it were rock-bottom distressed, which it isn't.

Fill your boots all day long at these prices, I say.

[edjge2] 08/10/2018 13:36

On its ars until Nov. No yanks today?
15% down yestertag no sign of a bounce?
80p on its way?

[phillis] 08/10/2018 13:13

happenstance that my buddy was an Aussie on public transport at the time

[charles clore] 08/10/2018 13:11

phillis - it appears you have the right friends! Well done.

[phillis] 08/10/2018 13:03

Yes Charlie I sold about 60% of my family´s holding when a friend reported a conversation from a chance meeting
I have subsequently bought about half of that back

I still believe in the reserves numbers and am looking for good increases as and when
Assuming that to be the case then the management is a short term issue that needs sorting

[ifthecapfits] 08/10/2018 12:45

Interesting article phil - so why aren't PMs reflecting the purchases/hoarding.

[charles clore] 08/10/2018 12:44

phillis - I consider you the expert on corporate and finance matters. I take it you are invested so you must see a good future here, yes?

[phillis] 08/10/2018 12:39

5%
just respond to my previous posts

[zangdook] 08/10/2018 12:21

bench2
HGM

[bench2] 08/10/2018 12:16

Many thanks ifthecapfits large cap with good bal sheets so plenty for me to analyse

[cinquepercento] 08/10/2018 12:05

Go on Phillis,
Lets hear what you have to say.

[phillis] 08/10/2018 12:04

who wants to talk about management issues at CEY?

[cinquepercento] 08/10/2018 11:50

Rovi70:

Thank you for your amusing comments re:China winning the mid term election. :-)

I believe that China could win the trade war.
Best wishes,Cinquepercento :-}

[casual47] 08/10/2018 11:45

"trading block with Russia,South East Asia,India,Iran,Turkey etc"

oooh I'm scared now....

[cinquepercento] 08/10/2018 11:43

America is really pushing other countries as far as it can in all directions.

I see the economic and political reasons for this but there is nothing to stop China doing the same and forming its own trading block with Russia,South East Asia,India,Iran,Turkey etc etc.

[casual47] 08/10/2018 11:43

I think the Chinese economy may be hiding a lot of structural issues and I wouldn't be surprised if the next bubble to implode would happen in China. The trade war may weaken China's ability to keep these structural issues from coming into the full glare of daylight. Ultimately, imo, China's black box economy, effectively a communist sanctioned form of capitalism, is a contradiction in terms and sooner or later the systemic flaws inherent to such an impossible paradox will spill over into the real economy.

[ifthecapfits] 08/10/2018 11:43

HOC & FRES are another two that you might want to look at.

[bench2] 08/10/2018 11:42

Very disappointed to see Randgold leave the UK so switched 20% into CEY at 92p . Any other profitable UK listed, div paying gold miners for me to look at ? I own the diversified mega caps : Rio , Glen , BHP etc and BlkRock World Mining . My thoughts given the weakness in precious metal prices and even greater weakness in gold , silver , plat shares is to increase holdings in this area , as they should perform well in a general equity market setback . Any views or quality ideas most welcome .

[rovi70] 08/10/2018 11:36

Cinquepercento
8 Oct '18 - 10:02 - 28167

"I guess the mid term elections will be revealing.

My money is on the Chinese to win."

WOW WHAT A BIG STATMENT, CHINESE TO WIN MID TERM ELECTIONS. LOL

[casual47] 08/10/2018 11:36

China's markets tumble after the central bank moves to spur the economy

>China's stock markets fell more than 3.7 percent on Monday after the country's central bank announced measures to prop up the economy amid an ongoing trade war with the United States.

>On Sunday, the People's Bank of China announced it would be cutting the amount of cash that banks have to hold as reserves from Oct. 15.

[cinquepercento] 08/10/2018 11:32

Casual47:Re:Re:negotiated NAFTA:

I have just been reading about it on this link:

It seems that America wants Canada and Mexico to have to notify the States if they negotiate/trade with other countries but this does not seem to have been accepted yet:





The Trump administration is seeking to stop the EU, UK and Japan from striking separate trade deals with China as it tries to impose economic isolation on its Asian rival.

The US’s revamped Nafta trade deal with Canada and Mexico includes a provision that would require its two neighbours to give notification of any trade negotiations with a “non-market economy”. That clause could also force those countries to disclose details of any talks and allow Washington to walk away from the Nafta agreement if such a separate deal were completed. 

The measure triggered a backlash in Canada, where critics said it enshrined a loss of sovereignty for Ottawa and limited its own trade policy.

[spacedust] 08/10/2018 11:23

USA vs not just China but Turkey Iran Russia Mexico Canada to name few