Centamin Share Discussion Threads

[laurence llewelyn binliner] 30/11/2018 13:29

We're on another tear again today.. :o), 112p to beat on this run.. loading up at 101/100/99 and a few at 98 now adding value, .. bargain dividend keepers..!

Only 4 weeks to FY and then the Q4 update on ounces produced which should set the trend back to 150/160p..

[ken tennis] 30/11/2018 07:46

KENNYP have a great day at the shoot.
As you can well imagin me being brought up in the country
Well shooting was part of my life and done a lot of wildfowling in my younger and ambitious days. My claim to fame as I used to be a clay shooter was beating an X England shooter in a shoot off for high gun, it felt fekin brilliant.
I will keep an eye on CEY for you today.👍

[kennyp52] 29/11/2018 21:39

Ken T ... I make that 60. Love the country . Do any shooting ? In a syndicate that does a fair amount of conservation work . Off shooting tomorrow so will not be watching them ups and down. Hope you cop a deal or two . Think it will get tested tomorrow .

[casual47] 29/11/2018 21:12

Toronto is very illiquid. Only 1300 shares traded so far. So not very meaningful.

[martinfrench] 29/11/2018 20:23

Up almost 7 percent in Toronto.

Catch up or better day tomorrow ?

[kennyp52] 29/11/2018 15:49

How old are you Ken t ... Over 100 ??!! 😂 The way the share price is holding you couldn't have done any damage today ? Onward and upward .. See where it goes in the final half hour and tomorrow ..... come on close at 103+ and give us a glimmer of hope ....

[ken tennis] 29/11/2018 12:28

DAZAH ye shot me bolt too early so I suppose my claim to fame today is buying at the highest price, haha.
I know its a shame but I know that prices anywhere around here are comfortable to hold onto.
I read your posts yesterday on the LSE board there's some good info from a few of the guys on there.

KENNYP cheers for info your right I need to keep a core holding for insurance but thaught I would capitalise last time but it didn't happen, so lets try again.

Hey I will have to stop waving me willy now wont I.

Im sorry I cant be too serious I like a laugh but always take on board the serious side as well.

I have had too many of my mates fekin die before they got to my age and even if I lost all I got in this game I wouldn't give a fek, some guy said to me one time how do you sleep at night with all that money on shares, my answer is its relative to what you can afford to lose and it not affecting your normal lifestyle that's why I sleep like a log.

[oli12] 29/11/2018 11:21

Once Q4 numbers are released or we get a indication via other means that the numbers are good then we will see a rapid re rate here. The market is looking for confirmation that the production problems / lower grades have now passed. Naturally if the gold ain’t there then the share price will react accordingly. IMO this is worth a gamble - it’s cheap based on the potential 2019 production which must be north of 500,000 oz.

[dazah] 29/11/2018 10:15

CEY now motoring nicely. It's getting a second wind.

[umitw] 29/11/2018 09:30

What's holding CEY back from moving upwards?

[cinquepercento] 29/11/2018 08:54

Thanks,Ken Tennis:

Post:edited: I can see this reaching 120 sooner or later but I will take any useful profits when they present themselves.

I never wait for the top price,these days.

Let's see how the day goes!

[kennyp52] 29/11/2018 08:53

Guys .. IMO CEY is dragging behind due to the managements poor record earlier in year on production and having to issue warnings . If ... and it is an if ... the production is confirmed as back on track ( see Casual47s excellent posts ) then this could add 25% in a day . £300m cash balance , lots of inventory , 2nd mine coming into production at Cleopatra , no debt . All the fundamentals are there backed up by a very decent dividend policy. The shorts have bounced this share around for months but if they are back on track it is hugely under valued . Ken T you need a core IMO and add if it drops ?

[juju44] 29/11/2018 08:51

I have been here since 29p with a few trades along thw way . This will recover again but Crooked Morgan needs to take the metals up to make it happen

[kennyp52] 29/11/2018 08:47

Hi Ken T .. I don’t mind at all you asking ... £101.01 and that included some shares at 109 and I have taken profits so not doing too bad .

[dazah] 29/11/2018 08:45

Ken, I think you bought at the days high so far of 103.19p

Good luck, CEY never seems to follow the other goldies RRS and others have put on 25% over the last few months at least CEY is due a bounce to 120p at least.

Like everything these days (brexit included) everything is manipulated gold included.

[ken tennis] 29/11/2018 08:43

JUJU44 are you in or just on observation at the moment ?

[juju44] 29/11/2018 08:40

back down to fill the opening gap , as usual

[ken tennis] 29/11/2018 08:35

CINQUEPERCENTO well done for not getting drawn in I just couldn't let it go and succumbed to the pressure haha all good fun but will top up if it gets back near 98
AU "1226.60 as I type I think it must have an influence on CEY at these levels some time today.
Its all a guessing game but I agree with Casual 47 this will come good so don't want to get left behind, ive only got a small holding for starters of 10500 shares at present so will be willing to add to this if it drops.

KENNYP what are you averaging if you don't mind me asking im at 103

[cinquepercento] 29/11/2018 08:22

I am still out.

Good luck to all those who are back in.

[ken tennis] 29/11/2018 08:05

That's me back in lads couldn't risk this flying up without having some skin in the game.

[ken tennis] 29/11/2018 04:43

Morning guys I think I will be taking a position in CEY on the opening bell based on the gold price rise at4.45 last night and the change in direction of the DXY chart.
Looks like the 97.50 is not going to happen however you never can tell with CEY as on a lot of occasions gold has rallied to see CEY go in the opposite direction.
I’m hoping FRES follow the metals up too.

[laurence llewelyn binliner] 28/11/2018 17:30

Good timing for POG too, despite not really effecting profits much for CEY +/- a few dollars/Oz it has led the way for the share price ., today might have been the last day you will see 98/99p... :o)

Coincidentally the trend reversal at the level the chart pointed to could play out once more..!

[kennyp52] 28/11/2018 17:28

Yes Ken T it's been a Brexit driven shambles of a market . I dropped WPP fortunately before they crashed . Hanging on to Lloyds in the hope their huge profits will pay dividends before long . Got FRES & GLEN aswell . Gold just spiked up to $1225 without warning from $1214 ! See they downgraded the CEY share price TO 99.90 on close so the big boys can take a quick profit first thing tomorrow ! Ploughed some more cash in today to try and counter falls . When I sit back I think like you I am not in too bad a position . Decent shares that pay decent dividends that have had their share price kicked about for the last 6 months and hopefully will go North at some stage . Even sold £5k of BP to buy at just below 99 CEY , that could prove fatal ! ATB

[casual47] 28/11/2018 17:22

Blackrock stated a couple of hours earlier that they thought the rates were already at neutral and they expected the Fed to raise rates a fourth time this year but then maybe up to twice next year, which is below what people expected.

So, interest rate hikes slowdown = good for gold.