Centamin Share Discussion Threads

[fizzypop] 18/4/2019 14:09

Woody - joined in at 80.5p

[borisjohnsonshair] 18/4/2019 13:14

Correct fella

[auson1] 18/4/2019 13:10

DonaldTrumpshair,
Share price isn't really that important if your not intending to sell.

[borisjohnsonshair] 18/4/2019 12:57

Comedy money man. The Frank Spencer of Stock. When do you need to buy to get the div. Life's easy - share drops just before you can buy in and get the div. You total plank.

[plat hunter] 18/4/2019 12:08

Can say that without spitting all over screen?

[plat hunter] 18/4/2019 11:11

Amateur

Noun - Someone who holds through a 15% decline in capital, for the reward of a 2.5% dividend.

[borisjohnsonshair] 18/4/2019 11:04

What an amateur

[plat hunter] 18/4/2019 10:42

Correct auson..The seller gets the div if the bought after the xd date.I was on the wrong side, coffee not kicked in yet

[auson1] 18/4/2019 10:33

Plat Hunter,

The NAV, market cap, sentiment and anything else you want to throw at it has nothing to do with it. You've just said you can buy stock today ( ex divi ) and you will still be paid a divi if you hold on the record date 23rd I believe. This is incorrect. To qualify for the divi you needed to buy yesterday.

[shieldbug] 18/4/2019 10:19

If you buy today - no dividend. The Record date is to allow trades to be processed. If you bought yesterday and sold today - you get the dividend.

[plat hunter] 18/4/2019 10:15

You can but not being unitised investment fund, the divi is only taken from the capital and not the market capital.The market capital is only a reflection of market sentiment, if the share price was a sum of the NAV then that would be different story.

[auson1] 18/4/2019 10:09

Plat Hunter,

That would mean you can buy today ( ex divi ) and still get the divi because you would be a holder on the record date.. Bargain

[plat hunter] 18/4/2019 09:52

Yes martinXD is the date the income is effectively stripped from the capital with the record date being exactly what it says.. A record of holders to be paid.You have to be a holder on the record date, not the XD

[stevea171] 18/4/2019 09:44

Kennyp52. Yes, AAZ needs to be on watch lists because there is lots happening and an avalanche of RNS's.

Net cash is $10.8 million at 31 March 2019. Gross cash is $17.7 million. So borrowing outstanding could be paid back tomorrow from cash but the interest rate is very low (local Bank rate) so they are not in any hurry.

2018 profit figures when announced next month will blow your socks off. FY results are not delayed because there is any bad news, it's just the company's usual schedule.

JLP is for those who like southern African jurisdiction. I was in this many moons ago but give companies there a wide berth these days because of nationalism.

[auson1] 18/4/2019 09:34

volsung,

Yes I've heard about those prosthetic bottoms .. apparently you can get one thats modeled on David Hassehhoff.

[shieldbug] 18/4/2019 09:29

For what its worth here is a link to the companies website detailing this dividend.

The Canadians it seems do not have a bank holiday on Monday.

[martinfrench] 18/4/2019 09:21

isnt the difference easily explainable?

record date usually is the next day after ex date and in this case the record date would be further advanced because of easter hols ?

or is that not correct ?

[creditcrunchies] 18/4/2019 09:21

it didn't mention ex-div on the contract note this morning fwiw usually does so we'll see I thought the cut off was 12pm on the day for the register I'm sure I read that somewhere

[plat hunter] 18/4/2019 09:18

Usually always is in downtrends, as people ramp to provide liquidity or out of sheer desperation.Waiting for the post bottom base to form is much safer imo

[volsung] 18/4/2019 09:15

There have been many prosthetic bottoms

[plat hunter] 18/4/2019 09:14

Hopefully, i've been waiting long enough

[auson1] 18/4/2019 09:12

plat hunter,

Did you miss the bottom ?