The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen 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.
Exactly! I thought exactly the same earlier today
Sure.
I'm hoping the gold bounce off the 20MA on the dailies at 1795. It had a quick double bounce 3pm and 3:30pm (UK time) and seems to now be pushing
Strong chart support at £1, double bottom in place if it closes above £1 tonight.
Shorts have had their fun, it's over for them.
If you have met some of the guys at Liberum , I guarantee that you would not want them as your broker. Berenberg is generally a class act and puts Liberum in the shade. Same goes for Peel Hunt.
I once thought owning cey shares was the equivalent of self-flagellation. I’ve now bought a hair shirt in order to increase the suffering!
Whichever company, they had 82p.
Hopefully it will hold 100p. Thats support, for now.
Liberum keeps Centamin at sell while upgrading easyjet to buy, really! Easy jet took out a 1.87 b loan, axed 4,500 staff, tapped shareholders for cash and sold dozens of aircraft. Liberum are having a laugh.
US$1,766 per ounce sold
Basic earnings per share ("EPS") of 13.5 US cents per share
Looking at 10% EPS currently, another takeover bid incoming?
yep
Berenberg and other's have been upping their targets whilst Liberum is pushing the short to 82p.
Date Broker Rating Old Target New Target Change
23-Jul-21 Liberum Capital Sell - 82.00 Reiteration
22-Jul-21 Berenberg Bank Buy 137.00 138.00 Reiteration
13-Jul-21 Liberum Capital Sell - 82.00 Reiteration
07-Jul-21 Berenberg Bank Buy 132.00 137.00 Reiteration
28-May-21 Berenberg Bank Buy 131.00 132.00 Reiteration
27-May-21 Peel Hunt LLP Buy - 150.00 Reiteration
27-May-21 Liberum Capital Sell - 82.00 Reiteration
22-Apr-21 Berenberg Bank Buy 126.00 131.00 Reiteration
All over CEY and the bulletin boards - fact is, from current levels, if gold bounces hard so will CEY.
Cey has now broke down through the ascending wedge.
Berenberg, unfortunately, will get their target.
Hoping next week to see a good gold bounce off this 1795 line based on a the weekly growth pattern of the previous 4 weeks. I think (hoping) this week's red bar on gold is a one off, but time will obviously tell.
This share would drive one to drink..
Personally I don't think that's going to happen
Looks probable they will get their 82p
Tornado, I think this year’s over £200m special capex to rectify the situation is not included in the aisc, so you can take that off the profit and same again next year, correct me if I am wrong, hence not much profit till 2023 and our sad share price especially since that £200m now weighted to second half.
Hi, I'm new to this share so I'm just happily buying a position, seems like a bargain to me!
For those who remember June 2019. End of Q2 average sale price for the quarter on gold is $1307 and the AISC is $925 on 117,000 ounces produced. A better second half was to look forward to but they had $236M in the bank. The recent report $1822 gold sold on 97,000 ounces at $1290 costs with say $312M if memory is correct in the bank. $44.69M above AISC in 2019 versus $51.6M. $76M more in the bank is worth 6p on the share price. The big difference is reserves and resources. Once those figures come through on the update in H2 and go the way management expects then Centamin corrects higher.
It's looking like penny-share status (under £1.00) is about to return. -Ftse 250 status still ok. - Hard to believe isn't it? - For all the money in the bank with no debt, unhedged etc. plus paying a decent dividend, nobody wants it. - How is it possible? - Ask the directors who made it so.
As far as I remember there are 2 SAG mills and 4 or possibly 5 ball mills.
A crusher may be a contra rotating with two separate drums of teeth or a jaw crusher to crack any material smaller before it enters the mills .They must have more than one certainly because they take heavy punishment with especially quartzes or granite .
Hi Mr Bond,
You may well recall they bough an extra crusher in the past, are you taking this one into account ?
or is this a the dip...
New rating announced...
Hi Mr Bond, yes you are right of course about the American way, (screwing the UK just as they have always done at every opportunity since the first colonies when they wanted the UK to provide them military but didn't want to pay any taxes to pay for the cost, it continued on from there to the present day!)
Yes , Haliburton , up to their necks in just about anything bad that the US foreign policy and
military have been involved in!
Although to be honest BP due to cost cutting were lax in their monitoring of the contractor!
The GAO found that the offshore oil and gas industry has left behind about 18,000 miles of inactive pipeline in the Gulf since the 1960s. While federal rules require removal of decommissioned pipelines except in special cases, the GAO found that 97% of pipelines have been allowed to stay on the seafloor.
“Such a high rate of approval indicates that this is not an exception ... but rather that decommissioning-in-place has been the norm for decades,” the report said.
It’s unclear how many of these disused pipelines still contain oil or gas. The BSEE does nothing to ensure cleaning and decommissioning standards are met, and conducts no inspections once pipelines are abandoned. If pipelines are later found to pose environmental hazards, there’s no funding dedicated for removal, the GAO report said.
Environmental groups praised the report.
"The oil industry needs to clean up its messes in the Gulf of Mexico and stop making new ones," said Miyoko Saka****a, oceans program director for the Center for Biological Diversity. "This report shows how corporations profit from polluting our water and air, leaving the rest of us to pay the price."
https://www.nola.com/news/business/article_5b1a1e00-a129-11eb-8674-ef37cc4fd078.html