Centamin Share Discussion Threads

[casual47] 08/12/2018 11:48

We probably should expect a FY divi closer to 7 cents for 2018. Which is still pretty good. The net profit in q2+q3 was practically zero so will be tough to make that up off the back of q4 alone. If they put a firm hand in the cash reserves then 10c is perhaps achievable, but best to keep expectations @7cents. (So final divi of about 5cents)

[gotnorolex] 08/12/2018 10:18

Seems very likely were poised for a bull run!
Gold Will Rally 22% In 2019, Outperform Everything!

[ken tennis] 08/12/2018 08:58

LLB at that AISC every 1% rise in price of gold gives CEY a 3.57% profit increase that’s nice.
ATB ken

[laurence llewelyn binliner] 08/12/2018 07:42

POG $1252/Oz... and adding value, when your FY AISC is 875-890/Oz, it makes a lot of difference to margin and profits .. :o)..

Next week is going to get interesting with The Brexit vote potentially dealing another hammering for the FTSE..., buying shares that report profits/dividends in Dollars or Euro’s as the GBP softens will be a bonus as well as a Gold hedge.. the FX might go a lot lower yet on a negative or further drawn out result...

539,726 Ounces sold in FY 2017
USD 1261/Oz average price
FY AISC of USD790/Oz
USD 471/Oz margin..
FY dividend USD 0.125

2018 forecast is c480,000 ounces
Average POG USD 1250/Oz so far
AISC 875-890/Oz guidance
USD 375/Oz margin
FY dividend estimate USD 0.10c

It's reasonable to expect FY2018 profits to be down 20% and dividends the same.

2019 press speculation unconfirmed is 544-560,000 Ounces and if POG takes off that could be quite something for profit sharing and dividends with the lower AISC.

[ken tennis] 08/12/2018 07:31

KENNYP there were a few but trades went through below 100.20 but they were so small so if you had a buy in for say 24k then it would have been 100.30 lowest.
I tried 37k and got quoted 101.2 so I split it into 2 trades and got 20k at 100.33 and 17k at 100.38 that was 16.29
Anyway good luck at 8.00 Monday
I see gold hit over 1250 a few times last night👍

[ken tennis] 08/12/2018 07:09

KENNYP yes I remember years back when I was bout 17 the gamekeeper used to swear by the aniseed mixed with the feed
I think he used the powder form at the time.
Well hope you get back in Monday and like you say I’m amazed that order you had weren’t filled.
Never know you might get in at 99.7 early doors.
I’m off with the mrs Christmas tree hunting today she always likes a real one normally the blue spruce.
Have a great weekend.
Ken

[dazah] 07/12/2018 19:29

Royston's latest article at @Forbes looks at two shares that could thrive as #Brexit dialogue worsens:
"2 Dirt-Cheap Dividend Stocks That You Need To Buy As Brexit Bites"
hxxps://t.co/pw3FWjBiGU
#BEG #CEY #Forbes hxxps://t.co/STXjwihAAD

[casual47] 07/12/2018 19:16

Gold price

7th December 2017: 1249.80
31st December 2017: 1306.30
31st January 2018: 1339.00

[dazah] 07/12/2018 19:15

$1250 ding ding ding

[dazah] 07/12/2018 19:01

Hehe Ken, no problem, not as much as you I'm holding 45k shares.

[umitw] 07/12/2018 18:46

Gold is flying, CEY......?

[dazah] 07/12/2018 17:27

And you Ken, well done. I'm in for a pound so breakeven now just!

[dazah] 07/12/2018 17:25

Slipping back now, from the price action at the end of the day indicates the city boys positioning for gold to go down, which surprise surprise it is slipping back!

[shieldbug] 07/12/2018 17:14

Bloomberg website showing Comex gold at $1251/oz.

[ken tennis] 07/12/2018 16:48

DAZAH im in mate the strategy worked well for me today but I left LLOY alone too low at present see if we get a pop Monday may put a few more in here, if not no worries I will just hold but im digesting if it will make 12% in 6 months which is quite doable with CEY and maybe not with LLOY.
have a great W/E Ken

[jimbowen30] 07/12/2018 16:22

Goldmans loading up on gold....

[laurence llewelyn binliner] 07/12/2018 14:39

Turned at 97-98p did it.. go figure.. :o), happy I added again yesterday and we're ready for the ride back to 125/150p now with POG leading the way and Q4 numbers / Ounces to follow and support it..

[edit] Comex POG through USD1250/Oz...

[casual47] 07/12/2018 14:34

Good to see $1245/oz being reached, will make it easier to zoom past it as POG strengthens.

[dazah] 07/12/2018 13:56

Lower jobs data from US.

Gold popping. Buy CEY before it's too late.

[rovi70] 07/12/2018 13:21

AECOM have confirmed the first Statement of Work ("SOW") from the supply agreement which includes the supply of 50 kg of Versarien's graphene enhanced polymer material to be delivered in early December 2018, with a further SOW expected to cover the delivery of 200 kg in early January 2019. These quantities will be used for final testing of the structures and upon successful completion of final tests, the companies expect to make further announcements in Q1 2019.

Neill Ricketts, CEO of Versarien, commented: "We are delighted that our collaboration with AECOM has progressed as we had anticipated.

"This application has significant potential for Versarien, as the volumes of graphene that are required in these types of structure are significantly larger than for many other applications given the scale of the structures being produced
WOW > lets go >