Centamin Share Discussion Threads

[borisjohnsonshair] 05/4/2019 19:24

Hey Plat.....why don't you sell a share you actually own and buy a life with the money. Do you actually own any shares or did you lose all your money on a CEY CFD? I bet that's it, you broke bitter pikey loser.

[plat hunter] 05/4/2019 18:00

Those who try to catch the falling knife, scream the loudest.

[kennyp52] 05/4/2019 17:41

Guess that’s why you miss the coach so often ?

[cinquepercento] 05/4/2019 16:30

Juju44: re:triple bottom: theory:

It is interesting that you will not buy this unless it goes above 97.

I will just stay out completely to see if it goes below 87, and if so,how low it goes.

It will be a useful learning exercise for me with no financial risk . :-)

[juju44] 05/4/2019 14:49

Triple bottom below 87 is breakdown . I sit tight until that happens , if it does , I sell . If it rises above 97 pattern is confirmed and I buy

[plat hunter] 05/4/2019 14:45

ACA has gone the opposite direction though.

Strange, that

[juju44] 05/4/2019 14:26

This just cant get off the floor

[stevedaytrader] 05/4/2019 14:12

Ah okies thanks Wallywoo. Holding in any case- bought back in low 90's, as I've said since the big drop end of Feb, worth the for sure on this one. Fingers crossed as always.

[wallywoo] 05/4/2019 14:09

Think so Steve, it is the AGM, so you would expect an update too and probably Q1 production results. Though I don't think they publish the day for those. Might even get an update on the PEA for Bukino Faso.

Last year the AGM came before the Q1 prelim figures so might just be a vote

[stevedaytrader] 05/4/2019 14:06

Am I correct in assuming the RNS is still due out Monday?

[stevedaytrader] 05/4/2019 13:37

USA exceeded NON FARM payrolls 196K v 177K, normally bad for immediate gold, but wage growth not big(up a little), so is flat for now. Depends on commentary for movements on gold for rest of day. So far looks good for FED strategy. USA indicies will increase at open.

[plat hunter] 05/4/2019 12:10

How ironic.

You can often judge the quality of a company by the quality of it's investors. What a dead duck, this is!

[plat hunter] 05/4/2019 11:48

How to Evaluate a Company for Investment?
Understanding how to evaluate a company for investment is actually fairly simple. First, you need to examine some important factors about the company.3 min read

Understanding how to evaluate a company for investment is actually fairly simple. Basically, you need to examine four important factors about the company: balance sheet liquidity, earnings growth on the income statement, return on assets, and operating cash flow.

Examining a Company's Liquidity Before Investment
Before you invest your money in a company, it's important that you measure a few of the company's key financial metrics. To evaluate a company's finances, there are three financial statements that you must carefully examine:

Balance sheet
Income statement
Cash flow
The best place to start when evaluating a company is looking for liquidity on the balance sheet in cash form. Essentially, you're looking to see if the company has enough money to cover their expenses. You should also be checking to see if the company's short-term debts will cause them to exhaust their cash before the year's end.

To determine a company's liquidity on the balance sheet, you need to look for something called a current ratio, which is a measurement of the working capital that the company possesses. You can calculate the current ratio of a company, comparing its current assets that can be turned into cash and its current liabilities that must be paid in the upcoming year. Ideally, a company will have a 2:1 ratio of assets to liabilities.

Some companies can have a lower ratio if they are well run, meaning that they are effectively controlling your cash. Companies in slow-growth industries also may not need as much liquidity as companies in rapidly growing industries. Most companies, however, should have a 2:1 ratio.

Checking the Income Statement
After you've determined a company's liquidity, you should move on to the income statement. This document will include several financial metrics that can help you decide whether to invest in a company. In particular, you need to check the growth of earnings and the growth of net income.

Checking these metrics can help you to determine if the company is actually growing. Look at the bottom and top lines of the income statement going back 10 years. Do the numbers on the top line continue to grow over those 10 years? Preferably, the top and bottom growth lines will be parallel.



When these lines are parallel, it means that both the sales growth rate and the net earnings growth rate are rising at the same rate. If the lines are not parallel, it may mean that the company's earnings are growing while revenue is going down.

Examine Return on Assets
The next financial metric that you need to examine is the company's return on assets. There are three different measurements that you can check to determine what a company is accomplishing with its earnings compared to how much the company is spending to bring in those earnings:

Return on assets
Return on equity
Return on capital
Companies worth investing in will have strong returns. Generally, a good company will have a 30 percent return annually. Examining a company's return on assets will reveal its profitability, as well as how effective the company is at using its assets to bring in revenue.

Don't Forget Operating Cash Flow
The fourth and final factor that you should examine before investing in a company is operating cash flow, which you can find on the cash flow statement. Looking at this metric will help you to discover if the company is generating real cash. You need to determine exactly how the company is generating cash. Does the cash come from borrowing money and selling of stock and business assets? If so, then putting your money into this business is likely not a wise investment.

On the cash flow statement, you need to look for operating cash flow. Subtract the money that the company used to purchase equipment, known as capital expenses, from the operating cash flow. What's left is the company's real cash flow. Basically, real cash flow is the money that can either be reinvested into the company or paid to the company's owner. This money is important, as it speaks to a company's ability to grow. You want to see real money coming in on the operating cash flow line.

[ukgeorge] 05/4/2019 11:26

Plat hunter and Wallywoo please get a room together.

[ken tennis] 05/4/2019 11:26

Kennyp Good morning,

I been reading the comments on Gold dropping in the summer from Gary Glitter.
Well thing is this years different in the fact that the DXY is very high compared to other years so if it keeps moving up yes it will put pressure on gold but it keeps peaking around the 97 mark so if it drops off this will be good for gold.

Im still holding my CEY just worked out my average again after all the trades ive done its now down to 79.89 so think I will just hang tight with this one.

IAG is looking appealing with the massive earnings this year and a PE of just over 5.

By the way I missed the shoot up with GLEN so not in that at moment, cant win em all ay. LOL

[plat hunter] 05/4/2019 11:22

Wallywoo,

you stated that CEY pays out 100% of cashflow as a dividend that is incorrect.

The difference between cashflow and free cashflow is mere 537 million and is very importnant.

I'll post a link again to fill your knowledge gap. Hopefully the admin was just confused with the word FUNK and is not at all worried about factual posts being submitted here.

[plat hunter] 05/4/2019 11:17

Cashflow.. is how much cash from sales enters the company. Free cashflow is whats left, or also refereed to as (Earnings). The difference which you ask, is only a mere 537 million, so it is quite important.

Where the funk did you get that degree from, eBay?

Here's a useful link so that you may plug that knowledge gap.

[wallywoo] 05/4/2019 11:11

$600M is their sales revenue? $68M was the cash they generated? I did not say they paid out their whole sales revenue in divi's but their cash generated? whats your point?

[cinquepercento] 05/4/2019 11:11

JuJu44: Re: your triple bottom theory:

Next move on the charts looks 87 or so to me.

What do you think about this?