Centamin Share Discussion Threads

[onedb1] 01/11/2019 15:58

Am still Long at 112 and will possible add . I see 123.85 first target in extension to 130ish possibly. Mine is just a trade so look at it less in terms of company fundamentals and more about price action . DXY dollar index doesn't look too good to me so if that breaks down further gold will go further up. If am wrong I will cut a 110 and gold may retest 100$ lower but then I will re-enter as longer term I think gold will move up into 1600-1800 levels .

[djb3] 01/11/2019 14:33

Will wait until after the final results to look at this one. If they hit 4th quarter figures may buy a few.

[kennyp52] 01/11/2019 12:57

POG seems to be steady above $1500 so took the opportunity to add a few at 116 as seems to still be some sentiment for gold . Decent price anyway .

[shieldbug] 01/11/2019 12:54

I see the Doropo PEA had slipped to H1 2020. Not really a surprise all things considered.

[stevedaytrader] 01/11/2019 12:47

Ah yes- well figures exceeded so not good but still downward trend so impact so far looks minimal and after initial drop of gold is recovering fingers crossed as always

[chapv] 01/11/2019 12:29

I think he was referring to the 1320+

[stevedaytrader] 01/11/2019 12:23

No mistype we need a miss

[kennyp52] 01/11/2019 09:52

Hope that is a mistype ?

[stevedaytrader] 01/11/2019 09:17

NFP later, a good miss will send gold to 1320+, fingers crossed Kenny

[kennyp52] 01/11/2019 08:50

Wonder where DT1010 has gone predicting a POG collapse and gold miners going to suffer?

[deanroberthunt] 01/11/2019 08:36

I see $2000 Gold within next 3-5 years

[deanroberthunt] 01/11/2019 08:35

paying a nice dividend.

[deanroberthunt] 01/11/2019 08:32

this is a solid cash rich debt free company as we head into a downturn, you couldn't ask for more....

[kennyp52] 01/11/2019 07:53

Agreed . This share price in my view reflects a POG of circa $1300 when you look back at prior year profits and share price . Minimum 8c total dividend according to Pardey which is circa 5%. The gamble remains production but if ( bigger word than its size ) guidance is met , which the market has been informed is expected at the lower end 490k then that means production in Q4 of circa 160,000 ounces . Over 50k Oz per month . If that level was maintained into the new year with the higher grades then you work out what the profits would be even at $1300 . With resource reported IMHO the share price substantially undervalues the company in a takeover bid .

[plat hunter] 31/10/2019 19:41

DT's simply wrong... I'm happy at this price so long as gold stays over 1350... This is like ten pin bowling with the rails up... You can't miss.

[kennyp52] 31/10/2019 09:06

Motoring through $1500 . Jobs news later in week likely to be poor also adding to POG IMHO.

[stevedaytrader] 31/10/2019 08:13

Kitco explains the drop to 1481 then rise back- was relieved when I watched it! Worth a read and positive fingers crossed for today- there were a lot of big sells at the end of trading which would have come through at the opening today. Fingers crossed today...

[stevedaytrader] 30/10/2019 18:25

FED announced cut as expected- key will the commentary from Powell shortly- fingers crossed for dovish tone...

[plat hunter] 30/10/2019 10:03

Ha ha you really are an idiot... All you've done is make individual company price predictions.. ETF's are not a binary trade against an individual company you moron.

[dt1010] 30/10/2019 08:54

Buying inverse ETFs is better than shorting specific stocks but thanks for your concern hehehhe

[astjgroom] 30/10/2019 08:11

If you think it's going to 70p, you should short it.

[plat hunter] 30/10/2019 07:15

Kenny... one word, Foxtons

[kennyp52] 29/10/2019 21:26

Fundamentals ! Cash , resources , no debt ... production back on track it shoots up . Production missed it corrects back . Just a matter of timing sales and buys . But 70-80p would take a disaster and why would you look to buy a disaster DT1010 ... no wonder you are skint

[alangrifbang] 29/10/2019 21:25

Double twxt,no idea at all,