Centamin Share Discussion Threads

[plat hunter] 27/3/2019 08:55

JUJU get's it.

However i was wrong admittedly, at first I thought Kenny was a balanced rational individual, it turns out he's just a vicious angry man with a crazy high average.

Who on gods earth, who knows what they're doing pays 150 here??? What a tube.

See you on the south side of 85p

[borisjohnsonshair] 27/3/2019 08:37

We have our base. Heading to 100p

[juju44] 27/3/2019 08:28

Still keeping a close eye on that double bottom or breakdown chart

[plat hunter] 27/3/2019 08:24

" i bought at 150"Now that answers alot of questions of your behaviour and rationality.Unlucky i guess but good luck.Without 1350 on the average spot of north of 550 you're going to be stuck here for a while.

[kennyp52] 27/3/2019 08:22

I am not angry at all Plat Hunter ... you are enttiled to your view and time will tell but snide comments on cuddles and sunlight really are pathetic. 150k Oz vs 125 actual last year when they maintained their forecasts of 580k Oz is way over the top . I reckon if they achieve the same 125k Oz the share price could jump substantially. To try and convince posters we need 150 will be tested no doubt in a few weeks . No doubt people will remind you what you have posted recently . Are you out at the moment ? 100% agree with Boris .

[borisjohnsonshair] 27/3/2019 08:15

Utter rubbish. The price assumes all the bad news. 155 would be awesome news. Average news of stability would put this in 105p to 120p range. 155 would mean it's a buy up to 180p

[plat hunter] 27/3/2019 08:10

Kenny.Company guidance and what someone thinks is needed to break out of a range are two very different things.If guidance targets are met but still the trading range range fails to break 80-100 then i would consider us both being right.Retrospectively though, i would imagine that you'll still be an angry person for some reason.. maybe not enough cuddles or sunlight, i don't know To be clear.... I THINK TO BREAK THE RANGE OF 80-100Q1 PRODUCTION NEEDS TO BE HIGHER THAN 150K.Not the same as saying what the guidance is.

[thakars] 27/3/2019 07:11

Kenny - I'm swing trader and have been dabbling in cey for 6 months. I do like your posts it helps people like me a lot....because I do not get a chance to research the company thoroughly. I have many other companies to focus on!!! keep the good workup Sir!! GL

[kennyp52] 26/3/2019 20:32

CAPEX .. this has also been raised as something we need to be worried about. What the poster doesn’t seem to understand is that depreciation is a non cash reserve . With this exceeding CAPEX in the last 2 years then the company profits already take into account the spend and profits generate free cash. This company is in great financial shape ... just needs to dig gold out of the ground in sufficient quantities . I am guessing the poster is out at the moment looking for an entry in 80s ... they have even posted it could go as low as 67p ... be waiting a very long time unless there is an absolute disaster .

[kennyp52] 26/3/2019 20:08

Thanks mattboxy ... so as I say 155k production for Q1 is nonsence from Plat Hunter. Creditcrunchies ... majority opinion on here .. the bad news is built in and hopefully management have been sensible and targets should be easily met for 2019 . Mushroom effect ..... they beat production then the All In Costs per ounce fall . Average POG increases at the same time then you are looking at a substantial swing on profitability . Fingers crossed . Good luck holders .

[mattboxy] 26/3/2019 20:06

I'll post this again so that everyone is clear on guidance for Q1It does mean there will be some catching up to do in the remaining Qs but let's hope we're back to the under promise over deliver daysAnnual guidance is 490 to 520k ozAssuming 110k that leaves 380 - 410 for 3 remaining Qs ~ 130k per Q· "Guidance provided is annual. The mine plan schedules a progressive quarter on quarter performance, with the underground contribution largely consistent, and the open pit increasing as the grade improves with depth. The first quarter ("Q1") is scheduled to be 105-115koz accounting for increased movement of waste material from Stage 4 and 5."

[creditcrunchies] 26/3/2019 20:05

analyst though have this 9 (hold to strong sell) Vs 6 (buy to strong buy). So the average is Hold. Profit estimates coming in lower for 2019 than 2018. So plenty of room for a surprise to the upside because they're marking this company down on their past track record.

[plat hunter] 26/3/2019 18:04

So when i stated that they sold reserves on Q1 last year you think that's contrary to what it states in the accounts?

I appreciate your efforts for schooling me but I'll take the knocks elsewhere if that's okay.

Again Kenny, you are getting worked up over something of nothing, are you feeling okay, do you need an early night or something?

[kennyp52] 26/3/2019 17:58

Plat .. it’s how accounts work ... if they have not sold it from the previous quarters earlier in the year it appears as increased inventory . You stated they had to sell reserves ... that would lead to a drop in inventory . Lesson over . Dear me .

[rougepierre] 26/3/2019 17:00

FRES 2.64%; HOC 1.05%; CEY 13.72% historic yields...GPM pays no dividends...

Mine are all in an ISA with ATYM, SOLG and others, and I'm mainly holding for capital gain...

Hope this helps...

[spacedust] 26/3/2019 15:44

I'll stop making predictions.

[plat hunter] 26/3/2019 15:42

Stardust lol

[alangrifbang] 26/3/2019 14:27

Now you have spoken spacedust we won't!!

[trader365] 26/3/2019 12:39

US housing starts missed expectations


May help support gold price

[spacedust] 26/3/2019 11:15

I think we will have a good blue day today. Up and over 94p