Centamin Share Discussion Threads

[kennyp52] 16/5/2019 09:35

See you don’t understand profit and loss Prat .. I am sitting on paper profit , as are many more who understand this share in here are , which could be worth a hell of a lot more by the end of the year whilst you sit on the sidelines making the same misleading comments over and over and over and over and over .... . It was going to 70p last week .. where is it going this week Prat ?

[plat hunter] 16/5/2019 09:08

Sorry Kenny,

I had no idea that you was a mutual society investing for the next 150 years. Never mind the people like who cleared 12% for one weeks worth of a hold here, business asu usual for you carry on, sitting on paper losses doesn't mean anything, apologies for thinking otherwise. lol

[kennyp52] 16/5/2019 09:00

DT1010 .. you insider dealing ?

[plat hunter] 16/5/2019 08:49

CEY's dividend cover is insufficient to invest on the basis of a dividend.. It will take you 28 years to recover your investment capital costs on that basis lol.

[dt1010] 16/5/2019 08:43

Apparently a ‘very big move’
Is coming for gold - heard that from two sources yesterday, one of them (senior) works for a Swiss bank on a commodity trading desk. Believe what you will.

[kennyp52] 16/5/2019 08:41

griffin does not pay a dividend ? So it is more of a gamble for a return whereas CEY has a free cash dividend policy and a lot of factors are in its favour moving forward .. increased resource , projects coming to fruition , POG back near $1300 . If their production comes through again in Q2 IMO it becomes attractive again . The fallout is still holding this share price from the poor management of the situation last year which incidentally has been dealt with and some quality people brought in to ensure it doesn’t happen again.

[alangrifbang] 15/5/2019 21:46

Yes kenny But unlike you I can't see any change I feel it will always be undervalued,I have masses of griffin mining shares and am suffering exactly the same there,

[kennyp52] 15/5/2019 21:20

alangrifbang .. entirely agree . This is why the share is so undervalued IMO

[alangrifbang] 15/5/2019 20:57

I agree with you but they have one problem the BOD and dodgy results that disappoint,

[kennyp52] 15/5/2019 20:22

Anyone contributing anything meaningful in my book is welcome . CEY is a difficult share to have patience with . You think it shows all the right signs then drops . No news comes out it goes up . POG rises it stands still . The facts are it has no debt , huge untapped resource , substantial cash balance , “should” be showing a better profit this year leading to a substantial increase in dividend . So for me it’s just a matter of time before improvement is confirmed and the share shoots back up . The market makers are having their fun with it at the moment IMHO .

[edjge2] 15/5/2019 17:16

well poised for a breakout, fair bit to run in for us.

[cinquepercento] 15/5/2019 13:08

Shieldbug: Re: board taken over by people who once held shares in the company.: Re:you probably don't have a lot to contribute.

Some posters,myself included,who have previously worked at making money out of Centamin ,find it a very positive, learning experience,to be able to sit back and watch or study objectively,this share's movements and behaviour,both past and present,with no financial risk or reward to cloud our judgement.

Re: we probably don't have a lot to contribute:
Some of us previous holders of Centamin probably do have something to contribute but it may not be what a lot of holders of Centamin will want to hear.

Several posters,holding Centamin at present, are basing their opinions on what they want or need to believe,will happen, having bought it at a higher price.
Most of us have done this at some time on some share.

[ohisay] 15/5/2019 12:10

see fig 4.

[shieldbug] 15/5/2019 11:28

Why is it that some boards get taken over by people that once held shares in the company but no longer do? Some psychological reason keeps them hovering about scratching an itch they must have.

If you don't have skin in the game you probably don't have anything to contribute.

[borisjohnsonshair] 15/5/2019 10:52

No you had it wrong

[borisjohnsonshair] 15/5/2019 10:51

Plat thinks he sees an egg and spoon formation.

[greenelf] 15/5/2019 10:10

No. Gold steady above $1300 will start to push this up.

[plat hunter] 15/5/2019 10:06

Bouncing off 91.68 for the second time when POG is rising.Perhaps i may have been right, when i said CEY needs 1350.

[kennyp52] 15/5/2019 09:00

POG steady at just under $1300 adds $50 per ounce to forecasts . Might need the next quarter results but if production steady , doesn’t need to be spectacular , investors will start to realise the profitability and cash flow with restoration of decent interim dividend with best half of the year to come . share price likely to get momentum . Very happy with hold ATM .

[cottlet] 14/5/2019 15:45

filter out the morons...
go to the bottom of this box 4th from the left.....underneath validated user.
SIMPLES

[borisjohnsonshair] 14/5/2019 11:54

Why would someone sell something for 8k when they think it's going to 250k. Mind boggles

[borisjohnsonshair] 14/5/2019 11:26

Is it 90k for a kebab shop now

[dt1010] 14/5/2019 10:44

Dude I am not taking it lightly, I am over the moon to be honest. Making money is one thing though..holding onto it is quite another! Now I must protect my gains.

What sort of shop are you looking for? To sell what? High street is very tough place to try and make a living!