Roundtable Discussion; The Future of Mineral Sands. Watch the video 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.
The new varient of Covid is likely to be useful, to get them out of this.
https://on.rt.com/bmbn
After all Covid worked for getting more time bot US and London for Basel 3 new regulations.
I don't why you’ve such a downer on him, he’s made me a packet since he became FED chair ??. Volatility is not surprising with this new variant .
Seems to put into doubt the reliability of Powell's predictions and strategy, he's out of touch with reality!
Hi Mr Bond,
Fair comments,
You have obviously also smelt the baloney!
Thankfully we have a very capable CEO running things now with a credible plan!
And gold on its way up again. ;) with news due on the 8th Monday should be interesting …
wait is the missing word!
Hard to tell as although a miss, as usual we need to for ensuing breakdown and other labour market bits and wage data breakdown.
Should help CEY when USA market opens.
Perhaps I have.
Perhaps if you shared the experience that some of us have you would be less critical - just a thought :)
I am getting sick of reading rubbish on here.
So many self declared "Ametuer Experts".
Thinking themselves suitable for CEOs.
In your dreams maybe.
I have tried to explain to you that it is impractical & indeed impossible to formulate a mine plan without access to a huge volume of detailed information which is not available to the general public or even shareholders - you seem unable or unwilling to grasp this concept therefore I believe that our ongoing exchanges of barbs whilst amusing have become pointless & fruitless therefore I shall withdraw & defer to your superior knowledge :)
Well as you cant be bothered to come up with an alternative mine plan then allowing Martin Horgan to crack on with his would appear to be the best option!
The evidence for my opinions is the progress or specifically lack there-of in operational performance - if I wasn’t so lazy & complacent in my comfortable early retirement I would put my hand up for the job, I do not believe that I could do any worse!
A proper mine plan is what is required, it forms the back-bone of every successful miner and is a most beautiful & magnificent piece of work - you have not had the experience of working with one but before jumping down my throat with uninformed criticism first ask your mining professional friends about the value & necessity of one - you may well learn something :)
Of course, this variant will spread- but so far indications are broadly not negative on impact.
They’re not vaccinated, and with unvaccinated parents and numbers remain very, very low. I am wary of %’s and not actual numbers - I just increased my chances of winning the lottery by 500%… I bought 5 tickets…
10% of all Covid-19 admissions are children under the age of 5 in SA, a group that is untested for Covid vaccinations and not vaccinated. The paediatric units are under stress and the conditions are not mild for this group. If it gets into other countries in the coming weeks it is likely to be a serious problem. No data yet on the fatality rate in the under 5yrs. Not a good time to hold airline stock.
Tornadotony,
There must be some valuation for the dividend no ? Perhaps not if it were 1 or 2% but surely at this level and with a divi policy it has to be worth something extra on the SP
Thank you Tornadotony, your analysis certainly seems to illustrate just how undervalued the stock is at present.
Share holders have certainly paid a heavy price for high grading carried out by the previous management, pity the that Martin Horgan was'nt CEO a few years ago!
Of course “k” is not fair- that’s why it’s a “k”… and that article is old- he’s already got a second term since that was written
Interesting views regarding increasing inequality in the US,
Dr. Tim Liao's most recent essay for the general public is now published. The essay it titled "The Inequality of America’s “K-Shaped” Recovery."
https://sociology.illinois.edu/spotlight/faculty/inequality-americas-k-shaped-recovery-dr-tim-liao
Powell is not the man for the moment. For starters, he supported former president Donald Trump’s deregulatory agenda, risking the world’s financial health. And even now, he is reluctant to address climate risk, even though other central bankers around the world are declaring it the defining issue of the coming decades. Powell would say that climate issues are not included in the Fed’s mandate, but he would be wrong. Part of the Fed’s mandate is to ensure financial stability, and there is no greater threat to that than climate change.
https://www.theguardian.com/business/2021/nov/10/why-the-federal-reserve-chair-jerome-powell-must-go
Should have said all the other assets outside Egypt were valued at zero.
Centamin is utterly bombed out on zero monthly slow stochastics. Still trying to deliver a higher low above the last retreat. 16.5 p of the share price is actually cash they have in the bank minus net earnings in the current quarter. So another penny and half could be added. $50M solar farm does have a long term value. 12 years supply of gold above 400,000 ounces also has a value in the ground of $450M plus equalling 35p per share (To be added to next week). Trading at 40p per share as a producer (2.14 x in the ground value) which should be at least 3 times in the ground price which totals 121.5p with cash in bank.
We don’t know that for sure- they changed from published on 1st Dec which implied an RNS and 1st , to “presented” on the 8th and a webcast, which implies no RNS- what was also confusing was time to get questions in… so who knows, maybe RNS at 07:00 just before, or was get questions on, just the same questions we’ve had for ages and already sent in…
This “superfluous nuance” has caused a ~15% variance in CEY SP in past month, you’ve high expectations on believing a higher swing which of course could happen, or not happen.
In any case, not long to go… and will be a fun morning for sure, expectations are high- will be button ready, dependant on what is officially released.
Halfpenny I think the gold price trajectory is even more important. If gold were to halve we’d be sunk. If gold to double profits would be hugely higher whatever the rns, Even a 10% gold rise equates to 30% more ounces or a much longer mine life, and a 30%ish share rise Which is unlikely from the rns and a 10% fall similar. Of course if the rns said they were getting costs under control and would be back below $1000 as they were that would make a very big difference as has been the main reducer in profit. Just my sums, all best to all