Centamin Share Discussion Threads

[lodgeview] 02/4/2019 14:45

EPS is 6.4 cents as per YE results

[wallywoo] 02/4/2019 14:25

EPS is 8.252 Cents, so I don't know where they get the PE ratio from.

I have topped up in ISA today on this. It has no debt, plenty of cash, I think Bukina Faso will become extremely profitable when the H2 study is announced. and expect 2019 production to be better. Time will tell.

Currently ex dividend, no brainer, but I guess looking at the chart you are bottom fishing and need to be brave!

[lodgeview] 02/4/2019 14:23

Plat you are right it is an expensive share

[plat hunter] 02/4/2019 14:00

All this talk that the Dividend cover is good enough, has anyone noticed that the PE is 18 times here, or is it just being conveniently ignored?

[borisjohnsonshair] 02/4/2019 08:13

Dunno really - just positive for the region. Don't think the licenses specifically relate to CEY.

[kennyp52] 02/4/2019 07:53

70p huh . What’s the Burkino article Boris .... moving towards production ?

[borisjohnsonshair] 02/4/2019 07:28

Cover multiplier will drop and div also if problems not resolved however reserves were not spent in latest. This bickering is stupid as the Q1 update is all that matters - good, bad, bland.....all that matters. Gold price influences but tiny compared to the output and grades variation.

[borisjohnsonshair] 02/4/2019 07:26

Div cover very high. 1-2 is fair, less than 1 is danger zone - id say CEYs is circa 3 or slightly more. So......wtf are you on about. Addled in the morning is a concern.

[creditcrunchies] 02/4/2019 07:16

throw what you like Kenny if it makes you happy but this is the golden rule when going for divi stocks they need cover comfortably over 1 that is a fact. Anything less than that you are likely to see a dividend cut. This is not a dividend stock it's a gold play that pays out a variable dividend. You guys need to focus on both ends of scales here it's like if you have a view that is different to blatent ramping you are a deramper. Which is nonsense because nobody takes any notice of BBs to move a share price they look at expectations and estimates, which is all I am stating

[dt1010] 01/4/2019 20:10

I know this will come back as a 2x from such levels. Let’s all buy loads when it plumbs such depths (if) then make back losses faster.

[borisjohnsonshair] 01/4/2019 19:06

You are weird

[dt1010] 01/4/2019 17:00

70p i reckon

[juju44] 01/4/2019 15:45

Triple bottom is a recognised chart pattern and could be on . A print of 87 would say another leg down .imo

[cinquepercento] 01/4/2019 15:01

This is going to be interesting.

I am out, on the belief,right or wrong, that this could head on down below 88.

You mention a triple bottom,Juju44. Is that possible?

There are lots of strong views here as to which way this is heading.

Congratulations in advance to those who get it right. :-)

[juju44] 01/4/2019 13:43

You should know about that

[borisjohnsonshair] 01/4/2019 10:41

Getting out of looking a prat won't be swift

[juju44] 01/4/2019 10:26

Are we on for triple bottom ..... Anyone ? If so recovery will be swift

[juju44] 01/4/2019 10:09

Teetering yet again .time to make up its mind

[spacedust] 01/4/2019 09:24

Great you obviously believ in April fools etc. When will u ever grow up jeeeez. What is wrong with u. Please explain yourself as you don't make any sense.

[juju44] 01/4/2019 08:36

There may be fools on here too .

Breakdown point now

[kennyp52] 01/4/2019 07:21

What we going to throw at you Creditcrunchies if you are wrong?

[creditcrunchies] 01/4/2019 07:17

It says dividend stock, that is wrong they shouldn't be allowed to get away with saying that. This company has slashed dividends with a massive cut, not only that their dividend cover is the bare minimum at 1.0 for 2019 and 2020. That is not high enough for a safe dividend stock. The book should be thrown at them for misleading investors