We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Falling again
Even better divi only down a 3rd and final at 5c should be up
no reason for 50% down from High No debts, cash at bank $ 312 mil , waiting new licenses ! real value more than 500p!
Good Micky B
Thanks for posting.
That's a very positive set of results again. We knew they wouldn't be as good as last year but none the less good profit made and strong confidence for the rest of the year!
Shares on the major stock market benchmarks in Europe traded mostly flat on Thursday, as the investors anticipated the Bank of England's (BoE) monetary policy decision.
On the earnings' side, Credit Agricole and Siemens came out with their report for the second and the third quarter of the year, respectively, while pharmaceutical giants Moderna, Regeneron, and Novavax are scheduled to unveil their results later during the day.
The DAX and the CAC 40 were unchanged at 7:38 am CET, while the FTSE 100 lost 0.2% a minute later. Both the euro and the pound were muted versus the dollar at 7:40 am CET, selling for 1.18354, and 1.38937, respectively.
Breaking the News / BU
And a 5c final divi to come
Sorry cash flow down 85% from $101m to $16m, but dividend only down 50%, so still as expected which pleases me as if we keep on course, which we seem to be doing,2023 should be great. Hope markets reacts reasonably and we stay flat or even up a little bit, rather than the market feigning surprise at such a precipitous drop albeit heralded and partly a result of previous stronger dividend payment we can no longer afford
Sorry guy’s the app that I c&p the premarket data from in not displaying this morning.
If it starts to I will post immediately.
Yes, and first half free cash flow only down from $70m to $16m, so only a 77% drop. What is great is we had any. Imho
Decent set of results with a 4c interim
Markets have shifted against sterling for the first time since December as the shine starts to come off Britain’s vaccine success and economic worries linger.
Subscription only:
https://www.telegraph.co.uk/business/2021/08/04/traders-bet-against-sterling-first-time-since-december/
Very pleasing work on a front which has bugged me for decades. The corruption in the natural resource section. Rife in gold, dimoands (of course), cobalt, etc etc ...
ICIJ’s 2020 Luanda Leaks investigation revealed how Angola’s former first daughter amassed a fortune through decades of inside deals. Among them was the controversial acquisition of a stake in an energy company from the state oil company Sonangol, which was, at the time, overseen by dos Santos’ father, then-President José Eduardo dos Santos.
Our reporting showed how a company owned by dos Santos’ husband paid an initial deposit of just $15 million for the shareholding. Its value now? An estimated $500 million.
Since ICIJ exposed these details, the deal has been embroiled in separate legal proceedings, as authorities took action in fallout from the investigation and the dos Santos business empire crumbled.
The controversy over the half-billion-dollar stake has now come to a head for dos Santos, as an international tribunal has ruled that the deal “cannot be explained but for grand corruption by the daughter of a head of state and her husband” and declared it “null and void.”
Go for it ICIJ, all the way!!!
https://www.icij.org/investigations/luanda-leaks/isabel-dos-santos-ordered-to-return-to-angola-500-million-in-shares-tainted-by-illegality
Could I boldy suggest if one likes the work of the ICIJ, please donate. (I am not part of ICIJ, but a suporter)
best
the gnome
Those that can, do; those that can't, teach.
I suppose the best that can be said for people on this board is that none of us charges for our wonderful posts and advice. Some of the gurus charge an awful lot and don't get it right all that often. I read somewhere, a few years ago, that the best financial analyst got his predictions correct about 60% of the time. Even Martin Armstrong thought gold was going to $900 an ounce back in 2015 and told everyone they were idiots for suggesting the bottom was in. I think his AI program needs a bit of tweaking - if memory serves me correctly, he got it right about 50% of the time.
I'm looking forward to another Centamin dividend soon. I hope I've got that prediction right.
Well Sotolo may be in a spot worrying about if he made the right decision or not, but spot on, he wouldn't be on here worrying if that were the case, he needs to relax !
Its important to get one's priority's right in life, especially when so many lives, in fact the life of our planet and future generations depend upon the decisions made now
The price of shares and indeed gold will be whatever the market controllers want them to be, that said Centamin has a good man, the right man and very competent man in charge now so relax and all should come good.
As I have said before if chartist's, brokers,analyst's, savvy traders and all manner of market experts including the ones that pop upon here from time to time really knew so much they would have ridden off into the subset with their saddles bags full of billions long ago!
But in reality the charts , algo's, candlesticks, moving averages and all the other so called market predictive techniques are as much use as a chocolate teapot, certainly in Centamin's case!
Brian Cox puts things into perspective https://www.bbc.co.uk/programmes/m0005prm
You're right MrBond - I'm happy to be invested with Centamin vs Endeavour for the divi and growth opportunities. Sawiris and Montessus are a perfect match - I'll leave them to it
Don the directors bonuses come first, and La Mancha is their largest holder ,so more dosh for acquisitions and World Domination.
Others Corporate Investors would pressure for more divi.
We don't want that do we.
https://twitter.com/DonLawson_/status/1422993254350458880
Hey CEO Montessus --> your H1 presentation chart comparing shareholder returns conveniently neglects the #gold miner with the highest dividend returns - namely
@CentaminPlc !
Simple oversight ?
@MiningAnalysts
@BNNBloomberg
@tsx_tsxv
@LSEplc
@JrMiningNetwork
@KitcoNewsNOW
Prices of precious metals rose on Wednesday after a report issued by ADP National Employment Report revealed that the number of jobs in the United States private sector grew by weaker-than-expected 330,000.
Gold climbed 0.82% to $1,825.28 at 8:26 am ET, while silver gained 1.35% to $25.87 at the same time. Platinum advanced by 0.32% to $1,053.46 an ounce at 8:27 am ET, while palladium concurrently moved up 0.74% to $2,668.48.
Breaking the News / BU
Gold goes up and we go down, getting a headache
It also seems the new jobs report showed only 330000 the expectation was 695000, less than half in private sector workers.
Are we going to get a repetition of August 2020 ?
Is Basel 111 starting a charge for Physical AU, before the US deadline of September 2021 ?
It's very possible.
Is there another dividend due with update tomorrow
Spot on as usual Sotolo.