Centamin Share Discussion Threads

[stevedaytrader] 17/11/2020 12:06

I agree on slight rise, so much cash in the bank, so could be good depending on licence detail- makes them more attractive to takeover too. Even though years ago, it's far better to have expansion possibilities than not.

[martinfrench] 17/11/2020 11:57

steve,

not sure the license news is going to do that much, the mine will be years away and not sure if there is any data yet on the block, in which case depends on price and then we have lots of holes to drill, so although it does represent some ambition dont think it will do anything more than a short term 5p rise at best.

[stevedaytrader] 17/11/2020 11:50

All a bit odd Martin- just need to keep the faith here, waiting on the imminent licence news. Recent price drop here pretty much in line with most of others- just feels worse due to the 2 & 21 Oct big slugs. My other investments flying, even crypto that I've not touched for a few years and just plan on leaving it - you never know lol.

[martinfrench] 17/11/2020 11:42

buyer / seller finished at 110 by looks of it.

strangely gold not reacting at all to lower dollar today

slp doing just ok :-)

[trader536] 17/11/2020 10:54

Profit share up, costs up, production down = profit down and dividend down

[trader536] 17/11/2020 10:52

The dividend is variable and will fall next year as profits will likely be down by 50%

“Dividend Policy
Specifically, the Board will aim to approve an annual dividend within the range of 15-30% of the Company's net cash flow after sustaining capital costs and following the payment of Profit Share due to the Government of Egypt”

[mitch42] 17/11/2020 10:48

daocana Wha has that got to do with the pice of gold and Centamin for that matter?

[trader536] 17/11/2020 10:45

The divy will be much smaller next year

And if gold falls to $15/1600? No divy?

[zedder] 17/11/2020 10:34

Been watching and waiting and have finally got back in with 4700 at 1.099995p.

Gold production may be down, but does that really matter so much when the price of gold is maintaining $1850+.

[wallywoo] 17/11/2020 10:22

A little patience is needed here. CEY has a long history share price wise of being over sold and over bought. Makes it a good trading share (especially with no stamp duty).

However, they are very generous with dividends, have plenty of cash, and massive reserves of gold. Which I believe will continue to hold great and increasing value over the next few years.

So chill, watch it happen, enjoy the divi's. CEY's share price will recover over the next few months.

[rose_by_another_name] 17/11/2020 10:10

I'm fine, Umat. Over a year since the duff
kidney was removed. Several scans since
show no recurrence, will find out next week
about the latest.

[dmitribollokov] 17/11/2020 10:10

Oh there’s no chance i’m taking the vaccine - why would i?

[martinfrench] 17/11/2020 10:02

someone pls bid for this company, great resource flippin awful management

[daocana] 17/11/2020 09:56

re conspiracy theorists..you peolpe are so brainwashed..i am not asking you to believe me..but with the possible outcome from taken these vaccines are you really going to give them to your children and grandchildren without checking whats in them and doing proper research..there are hundreads of millions of people that have done the research world wide and are deffintlry not going to take these vaccines..what type of men are you..open your minds do the research then proove me wrong

[plat hunter] 17/11/2020 09:53

Talking about fomo tribe... Have you seen HOC, added some for a short term trade today. Hoping it plays out well so I can a few more cent to the collection.

[dmitribollokov] 17/11/2020 09:51

It’s amazing it’s like russia bots have infiltrated the board!

[chrisdgb] 17/11/2020 09:47

Well, if it stays at these levels, big fat juicy bid will surely happen.................

[eagleblue1] 17/11/2020 09:44

Why...do all...conspiracy theorists write like this...do you think it makes you look profound...when all it does is highlight the usual awful grammar and spelling...in addition to your delusions...

[plat hunter] 17/11/2020 09:42

Tribe.. have you seen how recently that account was opened and how many posts they've made?

[daocana] 17/11/2020 09:27

do not take this vaccine for cov19...do proper research..you will find the ingredients they are putting in these vaccines..which will cause cancer and make your children infertile.only 315 cov19 deaths under 70yrs old from healthy people..99.8% survival rate the same as a common flu.24th in the league of killers in the uk.pcr tests that are fruadulent and do not work not fit for purpose...the government are lying to us..ask yourselves why..we dont need a vaccine..so why are they going to force us to have one..protect your familys unite and stand together..please you must do research..