Centamin Share Discussion Threads

[spacedust] 16/11/2018 14:57

You sold too early. Just need gold man aucks on board and thus will fly. They are the biggest gangsters.

2019 will be one for gold stocks like none other except for 2009.

[casual47] 16/11/2018 14:47

I wouldn't complain if this briefly hits 105p before the weekend starts.....

[ukgeorge] 16/11/2018 14:36

thanks for the links casual, very encouraging they must be taking note of the revenues coming. Centamin is in an excellent position to capitalise on the liberalisation of egypt. Maybe put some of the $250M to good use. Fingers crossed for another Sukari being out there.

[casual47] 16/11/2018 14:30

Gold zooming into the 1220s should hopefully give folk the confidence to keep holding CEY over the weekend.

[casual47] 16/11/2018 14:25

Here's the reaction of one of the gold explorers to the news:

[casual47] 16/11/2018 14:24

Maybe this:

[ukgeorge] 16/11/2018 14:23

Go gold go :) come on

[mark of the rushes] 16/11/2018 14:13

What's the taxation change referring to?

[casual47] 16/11/2018 14:10

If Cleopatra is likely to come into play in 2019 then that should put a major rocket under the shareprice.

[casual47] 16/11/2018 14:08

Morgan Stanley very bullish on the upside (as they ought to be, as everyone ought to be)

I wonder if they got wind of the how well things are going now at Sukari......

[ifthecapfits] 16/11/2018 13:59

WSJ - FED should not be increasing rates. Doves returning? Good for gold.

[oli12] 16/11/2018 12:17

Morgan Stanley - CEY over weight 125 target price.

[ken tennis] 16/11/2018 10:38

Morning all that's me out to take some profit at 102.33 im out for lunch today so didn't want to risk leaving it on a Friday.

I will be back in again if we go below 97 I took a few in FRES this morning on the drop so should compensate if this moves up a bit more.

Good luck al and well don to LLB on his purchase @ 92 nice little 10% there.

ATB Ken

[casual47] 16/11/2018 10:19

GS's last rating was at 105p, couple of weeks ago. So the CEY share price has some catching up to do.

Gold tested the lower channel which it was in from about 15th August to early October and decided instead it would stick to the higher channel. Should bode well for gold going forward.

[spacedust] 16/11/2018 10:04

Bedrut any price Morgan placed on their raise. Once goldmansucks follows only then the price will really motor

[casual47] 16/11/2018 09:57

CEY should be a good "Brexit buffer" portfolio asset.

[bedruthan] 16/11/2018 09:23

Centamin : Morgan Stanley raises to overweight from equal-weight

[ilostthelot] 16/11/2018 09:17

Poking its head over that triangular wedge pattern. I'm no expert but it looks like bullish.

[eeza] 16/11/2018 09:09

Breaking up is so hard to do.

[ilostthelot] 16/11/2018 09:00

Looks like the chart is breaking upward to me.

[juju44] 16/11/2018 08:32

Another opening gap up

[kennyp52] 15/11/2018 20:38

Robust rise today even with Brexit woes hitting the bankers . Just wonder if money is moving across to the “gold” safety option while the proverbial sh#t hits the fan over the next few months and will continue to drive the share price up . Unfortunately holding some bank shares so swing and roundabout day for me overall .

[casual47] 15/11/2018 17:13

Brexit rumbles are likely to continue and deepen, so the pound may be faced with headwinds for a wee while, strengthening UK listed shares with foreign currency profits.

The odds for POG $/oz to just bob along the existing channel or even strengthen vs dollar are better than seeing a serious test of bottom support, imo.

Hopefully some of the q4 production recovery success will begin to leak to "the market" and see confidence grow. As usual with these things, by the time the formal news finally gets out it usually is already baked in the shareprice.

All the above makes me think the chances of CEY share price testing higher resistance levels are better than it testing lower support ones.