Centamin Share Discussion Threads

[ukgeorge] 24/5/2019 12:37

Rebess I disagree, reason is below.

as of Q1 results

"annual guidance for 2019: gold production of 490,000 - 520,000"

"A stronger second half for the year is forecast, delivering approximately 55% of the annual production guidance during H2 2019."

Mid guidance is 505koz
55% of 505 is 277.5koz

505-277.5koz = 227.5koz So for H1 the mid target is 227.5

Q1 results 116koz

So guidance for Q2 is production to be 110koz

Anything higher than that is beating guidance imo

[stevedaytrader] 24/5/2019 05:44

Agree Rebess, management changes in Jan gave me more confidence. Fingers crossed as always.

[rebess4] 23/5/2019 16:49

Hi steveday

Q2 needs to exceed Q1 production in order to maintain guidance strategy. A few ounces'll do. - If it falls below, no doubt we'll be in for a good-hiding again but at least it'll only be one thumping as opposed to two last year, prelims and results-day.

[stevedaytrader] 23/5/2019 16:01

Thanks Rebess. Not too long for wait- I normally day trade unless I get caught like here (with my avg of 94) and think a stock is unduly hit so hold for a few months- waiting for next set, last were good compared to previously, and should meet/marginally exceed at next set, I expect a jump to ~100. On balance, this one is worth the risk.

[plat hunter] 23/5/2019 14:23

Can't hold above 91.68.. Nothing is going to happen here until the Dollar tops out.

[borisjohnsonshair] 23/5/2019 13:51

Plat just told me that if we close above 180p it will be a breakout. Genius. Definitely rather have him on my pub quiz team than a fish. Maybe not a salmon but most fish and all plants.

[borisjohnsonshair] 23/5/2019 13:48

There we are.....you were correct.

[rebess4] 23/5/2019 13:34

Since Centamin are not now declaring prelims nor issuing Quarterly forecasting, we will be in the dark until early July when Q2 results will be announced. Meanwhile, since it is a legal requirement to do so, any set-back news will be reported via RNS. - So, until Q2 results in July, POG apart, the share price will be exposed only to bad-news should there be any. A consequence of the companies new-policy of maintaining silence.

[whitegold1] 23/5/2019 13:04

Thought we.d see a tick up given the general mkt malaise ...but no. Such is life.

[borisjohnsonshair] 23/5/2019 10:24

Ask Pract. He knows the date the time and the exact text.

[stevedaytrader] 23/5/2019 10:15

Anyone know for sure when the next of data is expected in rns? Cheers

[borisjohnsonshair] 23/5/2019 08:40

Plat - You must be breaking up for the summer soon. Excited?

[borisjohnsonshair] 23/5/2019 07:10

Whip round for DT. His magic beans are looking sad. Of course he brought at 6k, thought they were going to 250k but magically sold at 8k!!! Yeah of course.

[plat hunter] 22/5/2019 22:13

Can we have a whip round for Mr 500 shares? It's not right that he's suffering so muchI make that he's down £230. Surely we can sort that for him, before he has a turn?

[plat hunter] 22/5/2019 21:32

That's the trigger point...Language Timothy, that's horrible behaviour

How many other accounts do you have that they're all friends and talk to each other lolz

[plat hunter] 22/5/2019 20:35

It's called a multi-personality disorder Phillis :-P

[phillis] 22/5/2019 16:12

I see the Chuckle bros are still peddling their various opinions

[ken tennis] 22/5/2019 15:50

BJ at lest you have a sense of humour LOL

[borisjohnsonshair] 22/5/2019 15:45

2 of your last 3 posts were very boring.

[ken tennis] 22/5/2019 15:40

Kennyp I just looked in to see if there was anything interesting on this board but it seems to be getting worse yes im still in not traded it recently but sitting on average 79.89 so will have to be happy with that and hold for a while.

ATB

[ken tennis] 22/5/2019 15:40

Kennyp I just looked in to see if there was anything interesting on this board but it seems to be getting worse yes im still in not traded it recently but sitting on average 79.89 so will have to be happy with that and hold for a while.

ATB

[ken tennis] 22/5/2019 15:40

Kennyp I just looked in to see if there was anything interesting on this board but it seems to be getting worse yes im still in not traded it recently but sitting on average 79.89 so will have to be happy with that and hold for a while.

ATB