Member Info for halfpenny

Inflation genie well and truly out of the bottle and Fed won't be able to reign it in any time soon.

Guess where my bonus is going next week..

Gold price just puked..

Taken from CNBC breaking news.

Wholesale prices increased at their quickest pace ever in November in the latest sign that the inflation pressures bedeviling the economy are still present, the Labor Department reported Tuesday.

The producer price index for final demand products increased 9.6% over the previous 12 months after rising another 0.8% in November. Economists had been looking for an annual gain of 9.2%, according to FactSet.

Wholesale prices measure rises 9.6% in November from a year ago, the fastest pace on record.

Get our hands on some Barrick shares....lol.

Therefore the lower the sp goes the more likelihood of a takeover a win win scenario ....lol.

No offense meant but I'd take notice of any professional report over anything written by so called experts on any chat forum and that includes myself ??.

https://seekingalpha.com/amp/article/4474841-centamin-stock-potential-takeover-target-if-weakness-persists

Pog might get a bid on Omicron, Ukraine, Taiwan and Evergrande fallout but then there's the Fed lies later this week.. Happy to hold here and top up on this weakness myself.

Hence the importance of a progress report..

The comms were poor.

The comms were poor.

Obviously if that were the case it should have been highlighted in the 8th? After all the west wall is an integral part of the Sukuri mine is it not?

AISC :-)

No detailed progress update on the west wall at Sukuri and increased ASIC..

Peel Hunt restated their buy rating on shares of Centamin (LON:CEY) in a research report sent to investors on Wednesday morning, Price Targets.com reports. Peel Hunt currently has a GBX 140 ($1.86) price objective on the mining company’s stock.

A number of other brokerages also recently issued reports on CEY. Morgan Stanley reissued an equal weight rating and set a GBX 100 ($1.33) price objective on shares of Centamin in a research report on Thursday, November 11th. Berenberg Bank cut their price objective on Centamin from GBX 137 ($1.82) to GBX 134 ($1.78) and set a buy rating for the company in a research report on Tuesday, October 19th. Peel Hunt reissued a buy rating and set a GBX 150 ($1.99) price objective on shares of Centamin in a research report on Tuesday, October 19th. Finally, Liberum Capital reaffirmed a sell rating and issued a GBX 88 ($1.17) target price on shares of Centamin in a research report on Tuesday, December 7th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of Hold and an average price target of GBX 116.40 ($1.54).

Shares of LON:CEY opened at GBX 85.74 ($1.14) on Wednesday. The business has a 50-day moving average price of GBX 95.95 and a 200 day moving average price of GBX 100.44. The company has a market capitalization of £991.54 million and a price-to-earnings ratio of 9.42. Centamin has a 12-month low of GBX 83.90 ($1.11) and a 12-month high of GBX 137.12 ($1.82).

In other Centamin news, insider Ross Jerrard bought 15,000 shares of the firm’s stock in a transaction that occurred on Monday, September 13th. The stock was purchased at an average price of GBX 92 ($1.22) per share, for a total transaction of £13,800 ($18,299.96). Also, insider Mark Bankes bought 40,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 29th. The shares were acquired at an average price of GBX 92 ($1.22) per share, with a total value of £36,800 ($48,799.89).

Centamin (OTCMKTS:CELTF) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report released on Thursday, Zacks.com reports.

Disappointed the bod haven't bought shares to show their faith in the future.

The bod need to back their update yesterday with chunky share purchases?