Centamin Share Discussion Threads

[onedb1] 13/9/2019 12:39

Me too Wallywoo . Started 1 lot at 120p . I make it a 50% retracement of last move at about 119ish . Which we touched and bounced off . Let's see

[qs99] 13/9/2019 11:59

and has the worm turned here? Let's see

[qs99] 13/9/2019 11:58

haha, to be fair to littlepuppi7, if you do want to take a look at the link on the SRB thread to the presentation they have published, it makes v. v. interesting reading. DYOR

[wallywoo] 13/9/2019 11:47

Well I have added at 120. Can't believe it has fallen this much, share price is twitchy beyond belief. Gold price is 15% higher than in H1 (all going straight to cash and profit), production will be higher than H1, lots of news coming, cash rich, Gold bull market, NO Brainer

[plat hunter] 13/9/2019 11:31

Perhaps maybe the buying was overdone?

[davius] 13/9/2019 11:10

Yes, so you've been spamming to multiple threads over a long period. And it shall continue to be on my ignore list.

[qs99] 13/9/2019 11:00

if it was a profit warning they would have had to put an RNS out. I sense this is overdone but looks like MMs won't take any stock however small IMO, so low levels are pushing this artificially lower...let's see, hope I am not wrong! hovering around buying more, but waiting.....DYOR

[djb3] 13/9/2019 10:58

He's gone very quiet tbh. I wonder why?

[plat hunter] 13/9/2019 10:56

Kenny52

"Am I missing something?"

Only what i'v been saying all along but you were too ignorant, arrogant and vile to consider an opinion that doesn't fit your narative.

A psychologist calls that a false consensus.

[littlepuppi7] 13/9/2019 10:54

Srb another great rns today. Fully benefitting from the strong gold price. Has to be the best play on lse gold wise...

[davius] 13/9/2019 10:49

Probably not, as the presentation indicates they are still within guidance. It's not good PR to hide a weaker than expected third quarter in a presentation, but then if they'd brought out an RNS yesterday saying the same we'd probably have dropped like a stone to a quid. At least this time round we have a significantly higher gold price to provide support.

[qs99] 13/9/2019 10:45

Has anyone got that link to the GS £1.55 TP update please or a summary? I wonder if they have taken into a/c the presentation update? Also what they are all assuming for POG in their broker notes....thanks in advance

[qs99] 13/9/2019 10:34

Almost think that they need a clarifying RNS no?

[scoble2] 13/9/2019 10:33

I am out I lost 80% my profit. Looking to get back in 100p

[stevedaytrader] 13/9/2019 10:28

The problem here is the presentation. I didn’t read it that bad but as this one got mullered before investors are concerned on the backloading to hit forecast which is now lower end and as this stock got hammered back to ~80 the fear for some is that 23Oct RNS will not be good and any further drop will cause failure to meet, plus 44/55 year split leads to the concern being greater. Big profits still made for those in on the 80s/90s protecting their profits over past couple of days- the fear of the loss being greater than the smile of the gain.

[davius] 13/9/2019 10:25

Lol Joshuam, the bad news was yesterday, this is just the continuing reaction. Look at the chart to see what happens when they come in at the low end, or fail to hit, target production. Add the retrace in gold from $1550 and there you have it.

[cmillar] 13/9/2019 10:21

no indication that the Divi is not safe....... more QE in Europe etc. This sell off seems a little overdone to me. Maybe a top up is in order.

[djb3] 13/9/2019 10:14

If this doesn't hold next support 100.

[scoble2] 13/9/2019 10:13

I agree with you Astigroom and I think something is not right cost raises 17%

[onedb1] 13/9/2019 10:07

It is oversold now . Am not long or short but looked at this chart with interest . I'll be a buyer on support . Which should kick in .

[joshuam] 13/9/2019 10:02

Must be bad news on the way

[littlepuppi7] 13/9/2019 09:51

Gold is over 1500 it's still at a very healthy level, this is not gold related. Nice rns srb again today...

[nicd] 13/9/2019 09:49

Gold will bounce back, just a matter of time

[davius] 13/9/2019 09:41

If history repeats, we'll bottom out at about a pound...

[bulltradept] 13/9/2019 09:40

Gold pulling back, this is related to the underlying asset AIMVHO.