Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. 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.
Bitcoin drops from 58k to 46k in less than a day ! https://on.rt.com/b2f2
Don’t worry it’s going to be the main currency soon, as they say.
Maybe Bidens 1.9$ trillion stimulus go-ahead will make a difference to pog when it gets the green light later this week?
Its the little people in bitcoin that will get slaughtered again, those running the scheme will do OK!
Mainly retail investors who act like lemmings (and yes, I do trade occasionally, but see it as
my gambling fund). The funny or odd but was the good old Elon buys $1.5bn bitcoin in Tesla so off
it goes... up and up... then the other day he stays “btc and eth prob overvalued” and down it comes - why? Gotta love Elon- and of course, other cryptos caught by contagion...
Nice correction for Bitcoin. Chance for some of you chaps to hop aboard. This is going to hit $100k.
Bitcoin to $100k in what time period? Not a lot of substance in the argument, but an incredible amount of hype eminating from people who have taken positions before spruiking...in most places its called a classic CONCFLICT OF INTEREST! But in the USA its called BUSINESS AS USUAL ...
good luck punters, but the chances that I will end up buying bitcoin is ZERO
They dont even know who wrote the code FGS
Reminds me of a bit like the patent process....nothing is worth a thing untul it is tested in a court of Law, and this is where a lot of this willl end up. You know who will win this...
best
the Gnome
Casino or stock market?
Why bury head in the sand over bitcoin, financial advisors would say at least have 2/3% punt with it regardless of the fact it is a load of *******s.
On a point relating to this BB, this sp is well under it's fair value why such a dip, i'm knew to this company just picked it up as being undervalued what am i missing?
Just picked this up as being under its fair price why the SP dip, new this company but see it is undervalued what am i missing?
Cathy Wood, the new investment guru ups her ARK-fund's stakes in Bitcoin and Tesla....Someone who has lived through a few decades of stock markets and who has seen before the madness of the crowds knows how this will end. The for now hailed investment guru is likely to look much less of a guru after that giant bubble bursts.
Hi Rockonuk01.
To answer your question I really don't know, it could be any or all of:
1. Lack of clarity on future development / reserves e.g. Africa and new licenses.
2. Honey in 2 years but we have to take the pain until then.
3. Concerns over production targets being met, CEY does not have a good track record.
4. Bad news not yet out in the open or the potential for bad news. Lol Rebess's proverbial kick in the crotch.
5. Concern over the forward gold price. Sotolo has kindly explained the effect of a falling gold price on future profits.
6. Forthcoming annual results.
7. First quarter production figures awaited.
8. Short termism by market traders as opposed to longer term investors.
9. Market manipulation.
10. Others.
Quite frankly I don't have a clue what will happen but I do have faith (hope it isn't misplaced) in Martin Horgan to deliver. As for the rest I am just hanging on for the thrill of the ride hoping for the fundamentals to come through even though all chart signals are still showing a decline.
Centamin plc has provided gold production guidance for the year 2021 as folows 400,000 to 430,000 oz, at cash costs of $800-900/oz produced and AISC of $1,150-1,250/oz sold
It has a good p/e ratio compared to its rivals
The ROE/ROCE/ROA are all good with a very strong balance sheet (No debt for the last 5 years!), Gold price big driver but that is holding steady, dividend yield is high
Insider deals have been high to...all buys over the last 8 months
Most bizarre.. im intoday as i see 20% upside
Stampede out of crypto on the cards so where will all those $'s go, my guess would be precious metals well from the smartest investors anyway?
Another $200 of special costs per Oz this year and next not included in aisc, so at current gold price about $200 profit an ounce to Cey and same to emra
So I make forward PE around 25, which is higher than most so could say share price should be lower, but this PE will tumble in 2023, hence share price holding up , and me holding on mho
Much lower than that- that’s from Dec2019... 12 is closer
11March will give us a much better idea on this Sotolo
p/e is 12.4 nothing like 25
It is very frustrating to watch this stock? Hopefully, our patience will not run dry.
It may well do, remember this is Centamin and it is operating in Eygpt!
New York opened and PMs all dropped.
Seems bonds are flavour of the month.
My mindset, there's nothing we can do about it ,so frustrating as it ,try and forget about it for 6 months.
Or till the next disaster.
GLA.
Jerome... keep doing your stuff... we are but passengers... he said still in line, stimulus keep coming... US10 pairing back a little (phew)... all indices liked it so far even the Nasdaq has pushed into the green- major futures for Asia green too- any here wish they swapped out out for Easyjet 2 weeks ago, now where's my crystal ball ? Keep the faith here...
Rock on. How do you get to half the forward PE, hope my figures are wrong and would love to know how you calculated yours, most calculations. Mine are: 415k Oz sold at $1800 less $1400 costs (aisc and non aisc) = $166k less 5% royalty and 50% profit share = $79k, which in sterling is £56,000. Market cap £1.255billion, so PE =22.5 with a fair wind but with any other costs more likely 25.
This from one of the other sites...shows 20.03,taken from previous days price
Market Cap1,244.96 m
Shares In Issue 1,155.96 m
Prev. Close 108.50
PE Ratio 20.03
Dividend Yield 7.00 %
EPS - basic 5.38 p
Dividend PS 7.54 p
Dividend Cover -
Cash Flow PS 16.24 p
Return On Equity (ROE) 6.76 %
Operating Margin 26.52 %
PEG Factor 1.19
EPS Growth Rate 16.77 %
Dividends PS Growth Rate 81.82 %
Net Debt -148.87 m
Gross Gearing 5.89 %
Quick Assets 254.84 m
Net Working Capital 326.77 m
Intangibles / Fixed Assets - %
Turnover PS 42.55 p
Pre-Tax Profit PS 11.29 p
Retained Profit PS 0.42 p
Cash PS 18.15 p
Net Cash PS 13.83 p
Net Tangible Asset Value PS * 84.38 p
Net Asset Value PS 84.25 p
Spread 0.25 (0.23%)