Member Info for bobliz35

Hi Tiger

REALLY WAS HOPING THAT sTARMER

Hi Tiger and Tibbs

I was really hoping that Starmers intellect would enable him to clear the decks of the rabid left wing of the party which won the war in the 30s and consolidated by Atlee and Bevin in the post war years but fighting the same but of no modern day value principles. The last election proved the electorate have moved on from these out of date doctrines.
However back to my disapointment in Starmer , his opening adress was to politic the Corona Virus situation and blame the Government. No doubt there is blame to be levied but that is for when the crisis is over . Undoubtedly the left wing has forced him into this position and he hasn't got the courage or clout to clear the decks of those who will drag the Labour party into oblivion. If he includes Long Bailey in his shadow cabinet that will herald the death knell toll.

Although I have never been a Labour Party supporter and in fact quite the reverse I do believe a moderate party well led is the conscience of this country and a moderator for the well being of the majority of this Country.
When your life is comfortable (albeit from a council house background) humanity demands a care and concern for others less fortunate .
Apologies all for a rant off topic but sincerely held views.

Isolated Bob

However it would seem that the Lomg Bailey end of the Party have suceeded in prejudicing Labours return to a credible

Sorry to add to your post but BROWN CREATED THE DROP IN PRICE BEFORE SALE BY ANNOUNCING HIS INTENTION PRIOR.

The much vaunted prudent and fiscally competent Chancellor who destroyed the core manufacturing industry of this country in favour of pyramid selling of the City Banks. Not a fan of Blair but he was dead right in that he absolutely did not want Brown to succeed him Sadly others thought otherwise and Labour has been a basket case ever since. I have never voted Labour but am strong believer that this Country need a strong opposition with policies that appeal to the modern day country populous. If Starmer brings Long Bailey into his cabinet and isn't brave enough to clear the decks as Boris did then
the party will be too busy ripping each other apart to be a credible alternate voice.
Sorry rant over, Too much Rioja on the terrace in the evening sun.

Isolated Bob

NFP 701,000 AND PMI 34.5. Not unanticipated of course but figure only to mid March. USA indices propped by Trumps statement re Saudi production cut (still to see) oil majors obvious rebounding somewhat. Futures still down about 5 bais points.Everything a bit lack lustre at present although CEY in positive territory at 124.3 bid

Isolated Bob

Well played Tony. I would have set limit order at 121.7 buy . 120 a definite buffer of late but the market will know that and put buy orders in to the book at 121 odd. Your point on gain very true. Compound 1% gain per day and see where you are at the end of the year. The trick of course is maintaining 1% gain per day.
Will maintain my full allocation in CEY and miners perhaps trading when looks failsafe. LOL

Regards

Bob

Hi Crockedskier

Good to hear from you. I am sure all here would welcome your contribution to this board and especially your in depth knowledge of CEY having held for 9+ years.
Regrds

Isolated Bob

Hi Sotolo

I had equal concerns as you regarding the direction the new CEO would take us but well comforted that with Toro he resisted extreme pressure to take Toro to market which at the time most would have succumbed to. This guy is in my opinion the real deal and I think will take us to the golden flip flop bash where I really look forward to meeting all here in person. First case of Tattinger on me, subject of course to a levy for a charity of choice.

Regards

Isolated Bob

Sorry Tibbs vino finger interceded and hit post button too early

Many of your views are not mine but I will defend your rights to express them ad infinitum. Hopefully they will moderate the more extreme views in society and in the end achieve the same goal to care for those on the lowest spoke of fortune wheel.

Keep safe and continue posting your views based upon care for others.

Regrds

Isolated Bob

Hi Tibbs

To every action there needs an opposite and equal reaction.

Hi JEPh

How perceptive of you. I must confess I had not considered his side of the equation in that light. Your second comment spot on . City analysts will digest this over time and broker forecasts will be interesting in the extreme over the next few weeks.
The likes of Blackrock will more than appreciate this.
Watch the RNS over the next 7 days . What few City contacts who still speak to me have always cautioned previously regarding Management at CEY.This probably addresses those concerns. Never ever underestimate City City opinion right or wrong.

Regards

Isolated Bob

Hi Tibbs

How well put.
Marmots post are always succinct, factual and to the point. Always brings forward information of considerable merit.

Isolated Bob

Hi Marmot
Many thanks for posting this link and sharing this with the board. I am wondering just how Centamin managed to capture a man of this calibre. I would encourage all here to listen to our new CEO
After listening to the podcast I can only assume that CEY have given him carte blanche to develop the company along expansionist lines as he is not their for the salary or personal gain as he clearly after Toro well set for life. I could list his attributes ,experience, network, management style, well liked by the City from the time he spent with Barclays, entrepreneurial ability and his environmental and social care.
I think the expression "watch this space" is most appropriate

Isolated Bob

Sotolo agree the facts overcome the rhetoric

Thanks also for your pointer to new CEO C.V I am well satisfied now as to his management skilss , knowledge and his entrepreneurial drive. I equally had a regard for Langford but a good new CEO will clear the decks to bing in his own people no matter the merits of the old and also to get closer to his line management team.

Regrds

Isolated Bob

HI Tony
With RNS this morning put limit order of 10000 before open and got filled at 121.5. Same 10000 I sold yesterday at 118.82 so took the hit more than covered by the rise in my core CEY holdings. Hopefully we shall see a steady rise as the market assimilates the news and digests its content. I am very heartened by the following extracted from the RNS

"In line with ongoing organisational restructuring the General Manager of Sukari will report directly to the CEO, with Jeremy Langford resigning from his position as Chief Operating Officer to pursue other interests. The Board would like to thank Jeremy for his contribution and commitment and wishes him well in his future endeavours.

"These changes represent further steps in reshaping and strengthening the Company's leadership team, with a balance of core skills and experience best suited to deliver sustainable stakeholder returns. "

Clearing the decks already and showing a hands on approach so lacking from the previous incumbent.
Would like to hear further from the wise heads on this board as to their opinion of this new man.
Regrds

Isolated Bob

As always the bureaucratic polit buros have a jobsworthy position to defend. We need an Ernest Bevin to be appointed to cut the c===p but unfortunately the Labour opposition have nobody up to this task and present Union leaders (as Bevin was)cannot turn off the ideologue when they should have the clout to cut through the red tape . Churchill admired Bevin and appointed him in the coalition Government as Minister of supply. In my book a hero as he took no prisoners and ruthlessly raised supply and production to a level needed to resist the Nazi threat. I am sick and tired of media fashion political celebs stating the problem re testing and Labour playing politics with the situation without offering solutions or leadership. Woe is me and its all the Governments fault. Disgusted.

Isolated Bob

Thanks Sotolo, do you not feel with so many income hungry investors that the volume might work in this environment or am I just having a flight of fancy.

Regards

Isolated Bob

Sorry Tibbs, should say Non Exec Chairman stuff but without their gross fees and share options benefits.

Isolated Bob

Not least of all yourself Tibbs having the ability to assimilate all the informative post into a cohesive whole Non exec ly without their grosely Chairman of the board stuff but sadly without their grose fees and share options.

Cant quite make up my mind about China. Ruled by a Communist dictatorship with iron rule and unlike Western Democracies with the ability to vote to get rid of the likes of Trump or Brown , destined to govern as long as the elite party inner power brokers decide. On the other hand can a Country with 1.3 billion be governed in any other way. India seems to be doing it(just)
Put a 10,000 limit sell order in this morning at open at 117.75 and delighted to get filled at 118.82. Limit buy order in at 115.85 to accumulate my holding in CEY. As said here many times as no intent to crystallise my CEY holding but concentrating on the ex divi date in May. Major banks , Insurance Institutions, and others deferring their dividend payments and glad to say the gross and disgusting bankers bonuses. Again CEY will be a shining beacon in a market bereft of income.
Has anybody here managed to arbitrage the ex divi date with a sell order the following day. Usually a share will drop on the day following the ex divi date by the percentage roughly of the divi pay out. Would a limit sell order at open be filled before the market drops the share price that morning , allowing a buy back later at the lower price. Will try it as a mental exercise but the market not normally naive in these matters so not likely to suceed.

Kind regards to all and thanks Tony for sharing past career positions with us. Impressed.

Isolated Bob

Thanks Tony, very cautious of the " margarine spread "at open but offset by limit order.

Interesting info on Saudi oil manipulation . Do you trade put and call options on oil, not sufficiently educated to dabble but has been on my mind for some time. Timing is all and who can say when Russia or Saudis capitulate . Pundits forecasting Saudis will cave first but at least 12 months away. Staying clear for now but your insight in centrally held gold sell of by stressed economies frankly not what I had factored in..
Regards

Isolated Bob

Hi Tornado

Further question , on the basis that gold tanking at what level do you think CEY will gap down at open tomorrow/

Isolated Bob

Thanks Tornado, will put limit orders in on that basis. Much appreciative of your thoughts Certainly gold retrenching quite sharply . Is this due to the lack of jewellery sector demand as comprises 50% of the physical gold market with India and China being the main players. However and equally there is the question of retail gold being sold into the market to cover domestic expenses in a less socially supportive environment. Not at all convinced by fiat currencies as with massive behind the scenes money laundering (currently called Quantitative easing as comfier term) stagflation (as posited by Tibbs and others of knowledge here) a real and massive liability looming on the horizon. Yuan ????

Regards

Isolated Bob