Centamin Share Discussion Threads

[casual47] 28/11/2018 17:18

This is why:

Federal Reserve Chairman Jerome Powell on Wednesday used a softer tone to describe where interest-rate policy presently is, in what could be construed as implying fewer interest-rate hikes to come.

“Interest rates are still low by historical standards, and they remain just below the broad range of estimates of the level that would be neutral for the economy -- that is, neither speeding up nor slowing down growth,” Powell told the Economic Club of New York.

[dazah] 28/11/2018 17:11

What has just happened?? Gold price SHOT up over 1220 now and rising.

[kennyp52] 28/11/2018 16:22

Hate you to miss out Ken T as it's a very good price at moment hovering 100p but you have to set your target and stick by it . I wish I had the patience but I don't !! Good luck . As long as it bounces for all of us in the long term then I'm happy . You got Barratt by any chance in your portfolio ?

[ken tennis] 28/11/2018 16:17

KENNYP thanks for congrats much appreciated you sound like a good guy.

I see we had a nice little bounce again just now from 98.67 back up to 100.60 but we had that 2 p rise this morning from 10am to 11.15 what you got to ask yourself are the MMs trying to tempt you in a bit early.
Im still waiting.

ATB Ken

[kennyp52] 28/11/2018 15:45

Oh and congrats grandad

[dazah] 28/11/2018 15:34

I'm back in at 99p, now watch this fall!

Unbelievable price and volatility for CEY!

[ken tennis] 28/11/2018 15:18

Any one back in yet im still waiting for 97.5 not long now.

[cinquepercento] 28/11/2018 15:11

Well done,Spacedust! The drinks are on you! :-)

My second guess for 14.00 was wrong but I am still waiting for 95 or so to get back in.

[spacedust] 28/11/2018 15:08

I win with 99p prediction and post 3pm decline

[laurence llewelyn binliner] 28/11/2018 14:49

Bargains available at 99/100p... fill your boots while you can.. :o)

[casual47] 28/11/2018 13:17

Not sure you can use charts like that on an intraday basis. If this doesn't go back and tack to the sma50 at close then all bets are off for the short term, chart-wise.

Luckily the fundamentals are getting stronger with every data point and 130p is still on the cards for q1 2019. If gold goes back to 1300$/oz then 160p.

The baseline for CEY appears to point to 580k oz per annum for the next 3 years with near-term upside provided by Cleopatra going into production (potentially adding another 100k oz pa). AISC should be 790$/oz on average going forward. Divi 10cents upward.

[spacedust] 28/11/2018 12:58

This thread is great and my portfolio is down by 47% so i inow what it feels like. I think I'll go with charts and say 99p.

[juju44] 28/11/2018 12:53

Anyone like to start a new thread ?

[cinquepercento] 28/11/2018 12:51

My next guess is back up to about 101.2 at around 14.00

[cinquepercento] 28/11/2018 12:43

Yes,we might as well enjoy ourselves while we are here.

I would venture to say,casual 47, that the apparently professional and well informed people on this message board are not proving to be any better at predicting or guessing the short term price,ups and downs of this share than we other more jovial types- are.

[ken tennis] 28/11/2018 11:27

Ye I need a bit of fun and competition it stops me thinking about my other shares that I hold and are currently under water.

The few I have that I can mess around with then I will play the game to see if I can make a few quid along with a bit of entertainment from the guys on the board that are willing to participate.

All I do is aim to make a gain and would never diss anyone when they're down as I know only too well what its like.

ATB Ken

[spacedust] 28/11/2018 11:13

It's just a bit if fun. I'd say post 3pm the decline will continue

[casual47] 28/11/2018 11:12

Not sure what the point of all this is. It's kinda morbid and willy waving.

[cinquepercento] 28/11/2018 10:55

Yes,the chart seems to be going sideways for the moment,sort of plateaued.

Just for fun,I am going to guess that this will continue on down at around 11.30am this morning.

Place your bets. :-)

[ken tennis] 28/11/2018 10:33

Looks like they're holding fire at the 100.5 mark waiting for a few more buyers to come in it wouldn't surprise me if they don't take this back up from this level a touch today.
I see SIKO is back on the CEY thread over on LSE

[spacedust] 28/11/2018 10:30

I might hold til 97p having said that it's now a better price then my previous 101p buy