Centamin Share Discussion Threads

[oli12] 08/1/2019 11:20

Based on the above comments the update won’t tell us much then.... it could raise more questions than answers. Let’s see what tomorrow brings.

[casual47] 08/1/2019 11:06

Hey Kenny -- still lurking though mostly occupied with another share (also moved some CEY funds there). As far as I can see there haven't been any shipment or EMRA updates since the ones I shared earlier so nothing new from me. All will be revealed in the forthcoming RNS so not long to wait.

[ukgeorge] 08/1/2019 10:36

Costs will also not be given tomorrow.

[legg96] 08/1/2019 10:34

Guidance for 2019 will not be provided tomorrow. It will be given at time that the annual results are released in February.

[davius] 08/1/2019 10:30

Josef El-Raghy stated in an interview in early December that 2019 production would be 544K to 560K. If grades are still poor there could be revision to these numbers tomorrow. If it does come out at 500K I think that would be viewed as a disappointment.

[oli12] 08/1/2019 10:21

The key for me is further information on Decembers lower than expected grades and whether this is expected to continue. Will this impact 2019 guidance? I am expecting 2019 target to be over 500,000 oz. Costs also crept up in Q4 hopefully these can be reduced. Let’s see what tomorrow brings.

[ukgeorge] 08/1/2019 09:35

It is just a normal correction imo following the 10% rise over the last week. Could easily retrace to 110p. They have as good as told us what Q4 results were so I can't see any big surprises.

[kennyp52] 08/1/2019 09:28

SP dropping in expectation of bad news ? What if it is good ? 😀 Where has casual47 gone ? Took a profit and moved elsewhere ? Could do with his EMRA and export figures !

[gotnorolex] 07/1/2019 21:49

The strength of gold is a good cover to bury apathetic news!

[kennyp52] 07/1/2019 14:35

Yes ken t I am in on FRES and it has moved nicely today . See if it corrects or moves on again. CEY rock steady until this update is published Wednesday . Fingers crossed its good news and a bounce to 130 👍

[ken tennis] 07/1/2019 11:17

KENNYP I see we’re moving up nicely on FRES after that wee pull back hope you kept hold of them mate this could be good over next few months

[ken tennis] 07/1/2019 09:34

KENNYP I’m still buckled in hard and fast mate, there’s bound to be a few corrections along the way but I don’t want to get left behind and I just can’t see CEY Going down much more than it is at present.
Atb

[scoble2] 07/1/2019 09:02

Gold is up

[kennyp52] 07/1/2019 08:49

Hmmm.. Brexit ! The thought that companies will no longer trade wit( each other seems to me to be quite ridiculous . The pounds falls our exports are likely to rise . We have more potential wealth from dealing with the Commonwealth than the EU IMO . Think this going to jump to 130 this week Ken t ? POG nearing $1300

[stevedaytrader] 07/1/2019 06:59

Mainly USA Fed/trader wars causing move down at the mo (China easing will assist)- many companies seen as over valued, esp tech which have had heavy investment. From today I think stocks are good value- esp some on UK FTSE like Easyjet which clearly is impacted by BREXT- travel sectors impacted for sure.
Fingers crossed for today, gold doing ok and Asia up, following US move upwards post jobs report data.

[wbecki] 06/1/2019 18:16

Eu has no nuclear option.

It is UK that has a nuclear option.

[larry laffer] 06/1/2019 11:42

"due to a hit on Stirling......"

EU exercising their nuclear option I assume.

[ken tennis] 06/1/2019 07:35

I know CEY are currently a good place to be but most people have a diversified portfolio and the index for the 50/50 brexit charts gives a reasonable indication if you have holdings that may be impacted quite heavily due to a hit on Stirling.
Atb

[ken tennis] 06/1/2019 07:29

KENNYP,

www.cboe.com/indexeurope/brexit

Just been hunting for what companies are likely to be impacted worse in a no deal scenario and found this apparently new index.
I don’t know if anybody has found this index but it gives a split of the FTSE 100 companies
According to earnings accumulated in the Uk the low 50 earn majority outside Uk and the high 50 mostly earn from the Uk just thaught you may be interested seeing as we are now on the cusp of meaningful vote due either 15th or 16th January.

[creditcrunchies] 06/1/2019 00:29

This is one of the stocks I'm not trading in and out of purely because Gold will be the go to asset class when the next crisis hits this is just simmering at the moment with Italy. You'll get the Fed hiking more as they move up the ceiling to trigger the next stimulus cycle probably caused by another debt crisis. That'll be US Dollar down with gold and silver going up very fast

[kennyp52] 04/1/2019 19:32

As CEY produces more gold the AISC falls as overheads spread across the higher output. Even a price of $1200 will produce excellent profits on the expected 2019 production. If the production targets are hit the share price has to go up further surely ? The only way IMO this is reversing is if the update shows December has been a disappointment. The higher grade could quickly increase the figures and BOOM ... the share price soars . It is still a perceived risk and maybe the clever move is to take the profit but if you are out when the good news comes through then you could miss a big rise. Tricky one .

[bocase] 04/1/2019 17:36

Gold is coming back though.

The intraday low was $1276, now $1285

[cielos] 04/1/2019 16:38

A big change for the day from being well up to finish lower, Gold falling has plenty to do with it.

[bocase] 04/1/2019 16:34

Yes agree Steve.

I suspect these strong payroll data will soon be replaced by weaker ones going forward as the US economy comes off the boil. That means fewer if any rate hikes and a weaker dollar and higher gold.

I would be surprised if we don't see $1400 this year. Possibly much higher.

[stevedaytrader] 04/1/2019 16:22

Yes bocase- markets up and people forget CEY and HGM etc are stocks- HGM up and neg impact on CEY only slight- 6 months ago when gold was seen as a dud for a while, impact of any drop was exacerbated- no longer the case. Still very underpriced here- gold stocks are good ones at the moment.