RE: Should I Now Finally Buy?13 Dec 2021 00:45
Many thanks to the various contributors who responded to my current predicament!
Your overview of recent broker notes/targets was very useful to get an overall feel Halfpenny with NewSids advice kept in mind.
Your additional comments were also appreciated mrtibbles not least the line to the effect that Sukari was being run by Josef, Youssef and Pardey 'like any other pyramid scheme'. In Egypt. Nice :)
And thanks for the thoughtful post Tornadotony (thoughts with all those affected in Kentucky btw) and briefly reply to your points that:
1. Never been inside a betting shop but would take a calculated risk
2. No longer any assets to pay off and only using 'money allocated that I can afford to lose'. For CEY will probably be cashing in on some of my 35% rise in my Blackrock Energy ETF.
3. Primarily an invester. I manage my own portfolio (past 35 years or so) using the Interactive Investor platform.
4/5. Have a core portfolio but prepared to trade around that. Sleep not an issue thanks.
6. My request for 'education' was actually only with regard to the apparent decreasing annual dividends which I am now understanding is arising out of rising AISC amounts required in a bid to turn things around to a more dependable model by the current management.
Have a substantial (for me) silver ETF holding so as this is a geared play on gold very interested in what happens in this market.
Thanks too for the Stockopedia tip (can't just find who that came from) which is where, olderandwiser, it appears the 2021 5.3% divi estimate came from! So we've got roughly divis of +13% for Centamin's 2020 year, 7.2ish for 21 and 5.3 for 22 - so bearing that theme in mind in my ever more fraught decision to purchase!
Might simply rest on the case that there's enough going for it to justify a bounce plus the possibility of an updraft of an increasing gold price in the new year.
Will see what happens tomorrow.