Centamin Share Discussion Threads

[haughtonhoney] 05/6/2019 08:14

It'll be a good sign if CEY can hold above the psychological level by close.

[ukgeorge] 05/6/2019 08:13

Was about to post very similar. Then a run to 120p over the next couple of weeks imo.

[kennyp52] 05/6/2019 08:12

Prat and trader still waiting to enter at 70p

[creditcrunchies] 05/6/2019 08:08

It's opened at the 100p level we haven't seen that for a while

[yorgi] 05/6/2019 08:04

Looks like we might break through and hold the 100p today.

[astjgroom] 05/6/2019 00:18

Feds ridden to the rescue again

[kennyp52] 04/6/2019 18:37

Outlook
· The Company is on track and reiterates annual guidance for 2019: gold production of 490,000 - 520,000 ounces, at cash costs of US$675-725 per ounce produced and an AISC of US$890-950 per ounce sold.
· Continued exploration focus with 2019 budget of US$40 million targeting Cleopatra exploration and decline development, reserve and resource expansion at Sukari underground, Doropo Project and ABC Project, while identifying new scalable targets for future exploration and growth upside.
· Updated resource, maiden reserve and Preliminary Economic Assessment ("PEA") for the Doropo Project to be completed by the end of H2 2019.
· Completion of 40MW (AC) solar power plant feasibility study at Sukari during H2 2019, with the scope to significantly reduce power costs and reliance on fossil fuels.
· Delivering on the Board succession programme to identify and appoint three Non-Executive Directors with one migrating to Non-Executive Chair.
· The Company will release 3-year outlook, including 2020 and 2021 guidance, in Q2 2019.

[stevedaytrader] 04/6/2019 18:35

Good Dow jump, as I posted earlier, thought FED would indicate help in cuts, looks like this is even more likely now, good for stocks and good for gold- fingers crossed as always for tomorrow follow through in FTSE and gold which has risen gain in last few hours.

[kennyp52] 04/6/2019 18:31

Very funny DT1010 . How’s your Bitcoin doing ?

[dt1010] 04/6/2019 18:25

10p target here lol

[astjgroom] 04/6/2019 15:34

US, 'dead cat bounce' IMHO

[ukgeorge] 04/6/2019 15:16

https://www.kitco.com/commentaries/2019-06-04/Dollar-Breaking-Down-Signals-Start-Of-Gold-Breakout-Drive-Above-1400.htmlQuite a nice read, hopefully it plays out

[kennyp52] 04/6/2019 14:21

Plat why lie ... everyone can see you cant tell the difference between selling ( the reality ) at 136 then buying back in at 82.83 after buying consistently on way down and day trading profits . What do you get out of telling lies ? You that sad ? Dear me . Go back to your penny shares please . Posts can be read by anyone on here and they will see what the reality is ... not that it bothers me one little bit as am sitting pretty and you are out .

[plat hunter] 04/6/2019 13:10

Averaging down has its place, especially if using small allocations and adding at the bottom of a range for a short term view.

Not quite sure how Kenny has managed to average down though... One minute he lumped in at 136, then he had an average of 72.. then he sold out at 86 waiting for a good time to buy, then he declared himself back in after a 10% pop.

I think anyone who actually remembers his posts, has already reconciled that he's a bit of a fantasist with several different accounts.

Going to stick the clown on filter from here on out. Probably be a more constructive board.

[borisjohnsonshair] 04/6/2019 12:54

It must be tough being an idiot?

[borisjohnsonshair] 04/6/2019 12:49

Ha - you are a sour loser

[rovi70] 04/6/2019 11:30

been here a long time 28% of my portfolio so enjoy the banter on this board. I have 30% in vrs. It has a very good header recommend a read.

[borisjohnsonshair] 04/6/2019 10:07

Wise words

[kennyp52] 04/6/2019 09:59

Totally agree Steve .. I still choose to work but have a small property portfolio and small pension pot which I should really switch into a SIPP . This share dealing is to get a better return on my cash than the 1% ISA rates !

[stevedaytrader] 04/6/2019 09:46

Yes, and have other stocks to give portfolio balance and always keep some cash. My main pension someone else looks after, plus I have other non equity stuff- never keep all eggs in 1 basket just in case, however tempting it is sometimes when a stock looks ace.

[kennyp52] 04/6/2019 09:42

Shield .. tell trader365 and Plat Hunter ... they need your sage advice . Anyway quite dramatic rise on no real news just POG so if good news comes through my 120 might be pessimistic and it could be back to the 136 and onwards . Sentiment is a powerful driver on this share .

[shieldbug] 04/6/2019 09:22

Kenny - I have been doing exactly what you describe with this share. Kept half in in case we got a sudden rise and the other half used to lower the average share holding price. Then added more when the price recently dropped to 80p and 84p. You need to include the cash buffer when valuing the share. As the share price falls that cash becomes a bigger percentage of the share price.

[kennyp52] 04/6/2019 09:15

I had good advice some time ago daytrader .. average down if you believe the fundamentals are strong and if you can see a pattern with the share trade half your pot in day trades . Works for me on this share . I think that is the balance you refer to?