Centamin Share Discussion Threads

[borisjohnsonshair] 26/2/2019 03:14

Fixed agreement.

[zcaprd7] 26/2/2019 02:20

"...as per the Concession Agreement with Egyptian Minerals Resources Authority ("EMRA"), Centamin's state partners, which from July 2018 moved from a ratio of 60:40 to 55:45 (Centamin:EMRA); YTD EPS of 4.80 US cents..."So what stops another move to 50/50?

[cumnor] 26/2/2019 00:05

They messed up today-will not be forgiven for a while-70-75p is the price.

[creditcrunchies] 25/2/2019 23:56

Not me that's the media quoting analysts saying that. The problem I see here is you need to be very careful about dividend cuts to announce that out of the blue without ever hinting there would be a cut is amateur, in my mind they deserved what they got. This has screwed up my income pension fund, in fact I should have dumped all of my stock in hindsight as dividends are pretty important. Thankfully most other stocks have delivered and they have good cover for their dividends. The share price growth for me is a bonus

[laurence llewelyn binliner] 25/2/2019 23:17

Interesting price action in the closing auction.. 3 or 4M buys at 96p..
Hopefully a rebound in the morning after a rather oversold day.. :o)

[fenners66] 25/2/2019 23:16

I have to say I am wondering why the cash pile now.

I am coming around to the idea it is insurance for when they lose the court case.

However what chance that the company is being cute with their forecasts?


They have set the precedent of the dividend payable based upon free cash flow - but the more profit they make the greater cost in royalty payments now the rate has increased.

So ?

Sink as much cost as you can into profit whilst not parting with cash.
Result lower profit lower guidance lower "tax" but sustainable dividends ....

[leonidas] 25/2/2019 23:13

Based on the information in hand with their RNS has the share price been oversold and are we going to open up from to night close.I note that many don't think so but are they correct or the drop was not at all justified????,this is the key question.Any sensible view is appreciated.

[kennyp52] 25/2/2019 23:02

Creditcrunchies ... why are you talking about lower grade ... we were told 6 months ago we were moving to higher grade !

[kennyp52] 25/2/2019 23:00

So the 100,000 shares is really just 10 ?

[creditcrunchies] 25/2/2019 22:38

The consensus from analysts appear to be is that the dividend cut came out of the blue and forward earnings look soft with falls in production, lower grade ore and rising costs in extraction but could be worth accumulating at a discount. It looks like a long crawl up from here the management really well mismanaged the entire operation with the market. This could end up what we call a sucker stock

[dt1010] 25/2/2019 21:37

dt1010 is a cant125 Feb '19 - 21:34 - 30210 of 30210 (Filtered)

For the good of the board.

It’s meds time for you. By injection. Nighty night x

[dt1010] 25/2/2019 21:33

Wow! Behold, witness the flowering of insanity In public!

Someone ring Broadmoor lol

[dt1010] 25/2/2019 21:30

Haha no idea. I think he lost a fortune on Quindell when I was shorting it. A nut bar from the past with serious mental issues, bless. Definitely needs professional help poor soul.

[wbecki] 25/2/2019 21:29

Wow what a shocker that was ...

Results rpetty average but certainly not deserving of such a precitpitous drop imo.

Will nibble some tomorrow morning.

[astjgroom] 25/2/2019 21:27

Dt101, would u enlighten us as to why ur name sake loves you so?

[beeezzz] 25/2/2019 21:19

What one has to ask is, are these people paid to be useless.... shareholders never have any recourse against incompetent management..

[spacedust] 25/2/2019 21:19

Those after hours trades don't mean sh7e. They could be buy a from r9dsy or sells from the morning or few billion years ago being reported today. No one knows if they are buys or sells except mms