Centamin Share Discussion Threads

[astjgroom] 03/10/2019 07:18

Oh dear, dejavú, cannot hit targets. Hold on.

[stevedaytrader] 02/10/2019 21:53

Fingers crossed
Kenny and all :-)

[qs99] 02/10/2019 20:02

And Chinese back to work Monday my help drive Pog which others have pointed to?

[astjgroom] 02/10/2019 19:15

Fed printed 98 billion in last two weeks. Golds hour cometh

[kennyp52] 02/10/2019 19:06

Well I hope we are close to right as gone in heavy with my confidence on the profits to be confirmed ( or otherwise ) in 3 weeks . This looks like a steady rise above the magical $1500 . Risk “on” was reference to world economy and stock markets so investors in theory look to safe haven assets .

[stevedaytrader] 02/10/2019 16:39

Yes Kenny, typo I think risk off now which drives gold. Thought we'd be higher, but AIM and FTSE others will bounce too once sell off ends- TRUMP trade wars coming through here in figures and nervousness- of all stocks, gold ones should fair best.

[kennyp52] 02/10/2019 16:36

Panned out pretty much as expected except the closing share price . Frustrating day trying to pick the bottom but fully back in now as the POG is possibly going to fly through $1500 which should feed through to the gold mining stocks at some stage . Other UK FTSE stocks took a battering but as you say HGM , CEY held up . Some serious looking risk on so hopefully for this share price it will drive gold price again . Might have to start dumping the others !

[stevedaytrader] 02/10/2019 13:17

ADP jobs lower than expected @135k in the US. Payrolls more key on Friday.

[stevedaytrader] 02/10/2019 12:11

Agree Kenny, and sooner rather than later as gold should rise when USA opens- but you never know of course - CEY is a stock, but at the moment, this and HGM are holding up my other AIM and FTSE stocks- was the other way round yesterday lol. Fingers crossed...

[kennyp52] 02/10/2019 09:24

Gold generally holding up and the FTSE taking a downward . As you say Stevdaytrader .. China out of the game at the moment so you would expect a bump up when their money comes back in . Was hoping for a cheaper buy in but might just have to settle for where it is .. still 2/3p cheaper than my sell but feel a need to be fully back in by end of the week .

[johnrxx99] 02/10/2019 07:40

Sotolo - best to get it and keep in US$ at the moment. Wait for the 31st to decide I'd say- no advise intended.

[stevedaytrader] 01/10/2019 20:55

Took a punt at 123.3 on usa data miss Kenny, we didn’t seem to recover much. Despite China gold thing, so much uncertainty politically and more key usa data out Friday. Fingers crossed as always

[kennyp52] 01/10/2019 18:38

Martinfrnch .. RNS is the 23rd ... the Quarterly report during which the majority of sales should have been at $1500+ . The 121 didn’t happen Plat ... looks like it could have without the data from the US . Strong support for this share now .

[qs99] 01/10/2019 18:01

big miss, Chinese back Monday, back through $1,500 then?

[stevedaytrader] 01/10/2019 17:52

MartinFrench, the RNS will be the Q3 Quarterly report release (23Oct)

[stevedaytrader] 01/10/2019 16:10

Big miss on USA factory data- gold boost.

[jfishy55] 01/10/2019 12:37

Sotolo, I use Hargreaves Lansdown, they are quick to pay and pay in sterling.
However, they may be more expensive to use than others so check the fees.

[cinquepercento] 01/10/2019 11:50

Thank you,Plat Hunter, for explaining the TR1 Notification.

It is very interesting to learn about this sort of thing.

Cinquepercento.

[plat hunter] 01/10/2019 11:41

Cinque... it's declaration of a change in notifiable holdings.

For example.. You have to declare your holding to the market if you're overall interest in the issuance exceeds or falls below 3%

If you did hold more than 3% then you also have to declare your change in holdings each time you crossed every 100 basis point over 3%

So for example.. If a Fund manager holds 6% of all issuance and decides to reduce his exposure by 50% and only hold 3% then he would need to issue a TR1 notification to advise the market on each 1% increment until he's finished or until he brings the overall holding below the initial 3% threshold.

[martinfrench] 01/10/2019 11:40

kenny,

what RNS are you expecting in 3 weeks ?

[cinquepercento] 01/10/2019 11:32

Plat Hunter: What is the significance of a TR1 notification?

[cinquepercento] 01/10/2019 11:29

Banks are wonderful people.

They give me .8% on my savings and they loan my money to other people at 10% or so.

So,they loan my money out to other people at 1250% times the interest rate they pay me.

What could be fairer than that????????????? :-)

[astjgroom] 01/10/2019 10:38

Get ready for the gold bounce

[plat hunter] 01/10/2019 10:26

Interestingly, the sells in the 121's today have been all off book.

Someone selling volume raises the risk of a TR1 notification from a substantial holder.

[plat hunter] 01/10/2019 10:19

121 is proving quite strong support, if it breaks that then short goes back on.