Centamin Share Discussion Threads

[kennyp52] 26/2/2019 08:43

Boris ... you going to make a bid ? If not who is ?

[greenelf] 26/2/2019 08:41

Wait until close, with this nuts market anything is possible. I have no idea

[borisjohnsonshair] 26/2/2019 08:40

Hardly a DC Bounce. Increasing output, higher gold price and massive cash reserves. If it doesn't rise above 120 fast, bids will arrive. I'm sure it's already got some interested parties thinking.

[leonidas] 26/2/2019 08:39

Let hope so.................

[dt1010] 26/2/2019 08:38

Worst is over

[juju44] 26/2/2019 08:35

200 dma is about 111p - maybe we have already had the crash

[leonidas] 26/2/2019 08:35

well if it can stay above the 100p it will be a good sign........................

[tsmith2] 26/2/2019 08:34

Yesterday's fall was unmerited.

[greenelf] 26/2/2019 08:33

Indeed, could be a fake rebound..

[charles clore] 26/2/2019 08:32

It looks as if the disastrous worm has turned, but looks can be deceiving.

[kennyp52] 26/2/2019 08:27

FRES in same boat ... down 10% on indifferent results

[stevedaytrader] 26/2/2019 08:26

This has not yet bottomed for shorters, rationale as per my post yesterday- but great buy at this price long term.

[kennyp52] 26/2/2019 08:25

Reasonable share price on financials is 110-120 but sentiment needed . Possibly bottomed now and might be opportunity to make some serious money in the next few days . [edit] at 100.05 ... boing boing .. hope reigns .. 105p will do please

[leonidas] 26/2/2019 08:20

may be on the way up slow slowly................

[dt1010] 26/2/2019 08:19

*bottomed*

[astjgroom] 26/2/2019 08:18

@juju what price is 200day moving av?

[dt1010] 26/2/2019 08:05

Let’s re take that 200 mda

[zcaprd7] 26/2/2019 08:02

I know, presumably the the last agreement was fixed as well, until it was changed?

[juju44] 26/2/2019 07:53

They have fallen through the 200 dma. Batten down the hatches

[sidarthur2] 26/2/2019 07:52

Under-promise and over-deliver is the name of the game - watch and learn...

[borisjohnsonshair] 26/2/2019 07:28

I'd agree with that but add that it's possible they go up then down or down then up and end even.

[leonidas] 26/2/2019 07:26

Well to day is the day will they go up or continue to go down...................for my sake and the sake of many of us I do hope to see a sign of improvement on share price that has been very much oversold...............

[kennyp52] 26/2/2019 07:05

Oversold ? Possible . I look most days at the fallers and the market at the moment in general seems to over react to bad news . If you are looking at quality companies then in general they bounce back a bit so hopefully for those that are suffering it could have been oversold . If not then hang it out ... this share will recover in time whether via new management or improved production they will hit the figures at some time in the near future and if they are being honest ( why would they not be as they just gave us lower forecast production for 2019 ) then there is some serious value in the future projects outside of Egypt . It might be an apportunty to load up and bring down your average price . The cash reserve ... I have no issue with this . Cash can be king in business and if it allows them to get the very best deals and the ability to move quickly and have the capital to get some more production underway then it would be a waste to pay it out in unsustainsble dividend levels . We need to spend on research and development of the other sites and getting them moving although it does seem to me they are holding back and will filter these in as the Sukari reserves start to dwindle to provide even continuity and use existing production teams and plant . The company has a dividend policy based on free cash , if you didn’t know about this then you need to do your homework ... this dividend , as commented in this thread , was always going to be pegged and broadly could be worked out from the production releases . Dividends likely to be in the region of 10c total for 2019 subject to hitting targets . POG rises then profit increases SUBSTANTIALLY . Times like this you need a CEO with energy and motivation ... this was hardly evident in the conference call and there is still no real explanation as to why we are not looking at 540k to 580k Oz with us supposedly having moved into higher grade in the latter part of 2018 - this is the main reason for the markets not liking the figures and hammering the share price ... the results were broadly already known . ATB to the sensible posters on here .. the rest of you can go whistle .

[borisjohnsonshair] 26/2/2019 06:50

This company has accumulated 300M quid, has increased output target for 2019 and the gold price is considerably higher than average for 2018. 2018 was challenge but all looks to play for in 2019......chill out everyone. Bargain time!