Member Info for kickingking1

I watched the presentation yesterday live, and directors were more upset at not being able to be awarded options rather then to purchase the shares in the open market.
Remember also, they didn't put their hands in their pockets at the last fund raise if my memory serves me right.

Anyway, if anyone does want to have a flutter, have a look at Playtech. I think they will reinstate their dividend on their next update. Short term, I can see 550p.

If it was easy, it would be boring. Investing in shares is a form of gambling. We try to be smarter then the MM and sell at a profit. With this type of gambling, we are more in control of when we want to throw in the chips.

Talking of Brent Walker, That was the first share I ever bought into. I remember that they owned the Hackney greyhound track. Can not remember if I sold at a profit or not. I'm sure that was in the early 1990's, maybe 1993.

Very surprised that the price has hardly moved. Let's see what happens when the Canadian markets open as they are front runners

This is not a good sign that they are still dropping while the ftse is up. The shares were trading in a range of 630p-570p and rising and falling with the markets. What has happened that it has broken down from 550p. It is now a bargain or a value trap.
We need some news. Management could start by reinstating the dividend, cancelled over two years ago.

I sent an email to IR Chris McGinnis regarding takeover. I got a reply about 4 days later. This is part of what he wrote.

(Timings related to the possible takeover are dictated by UK Takeover Code rules. The latest timings are outlined in our statement on 3rd February.

An independent sub-committee of the board has been formed which excludes our CEO. The sub-committee will deal with all matters related to any possible takeover given Mor Weizer'so involvement with TTB. Mor continues to run the day to day operations of the company. )

To be honest, the continued price drop make me think that the market has given up hope of a takeover. The price is getting close to what it was before the potential takeover was announced.

That is one he'll of a depressing read. I think a dead cat bounce is what everyone is waiting for to cut losses. As the share is close all time low, there can't be any holders in profits including me. Might just sell out and risk it all on polymetal and hope to make back my losses. I've already written it off in my head. I would need 250% just to break even. I jumped from the pan into the fire with this after being disappointed with HUM management and selling out at 20p there.

Have taken a small punt here. Can see this going through and with 25% to be made without having to wait too long. I think it is worth the gamble. Only invest in what wont hurt you if you lose it all. GLH.

Watch https://www.youtube.com/watch?v=-DT7bX-B1Mg

You are correct as I topped up twice at 94p and 97p. A little early but I did sell half my initial stake at 155p the other day. Letting the rest run. One thing I never sell my profits and over the years sitting on plenty of free shares.

The other day I asked a couple of question and got a reply from someone at Centamin. One I knew they would not answer regarding directors if they will buy share.
2nd They did answer and said that centamin is looking at all new opportunities in Egypt regarding new bid. This is good as they are looking to expand beyond Sukari.

Hi This what I would do in your very good position.
1st Take out your initial stake
2nd when it gets to 110p sell to the value of your initial stake.
Let the rest run . You can not lose what ever happens as you have made 100% profit minimum
Good luck with what ever you do.

You can buy at 4.29pm on the 29th April and sell at 8.01 on the 30th April and you will get the dividend. That is why share price usually fall on ex divi date. If you bought at 8.01 on the 30th you would not gate divi. There are many people who play it opposite direction by selling before ex divi and then repurchase after as usually price falls more then divi. I hope this helps.

Sorry mrtibbles was out in the garden. When you sign on, there is an option to ask questions, but it seems they only took questions from telephone calls and from brokerage houses. I asked two questions .
1 With the new mining regs was Cey bidding for any new contracts on just concentrating on what they all ready have .
2 Are any directors planning on buying any shares in the open markets. I do not think that is unfair as a share holder who paid for his shares . It would be seen a positive sign. When you look at the history of directors share holding they sold free shares or were given free shares. I do not think my questions were unreasonable. It is what shareholder really want to know.
All questions asked, most of the info was already in the update.

They ask people to post questions and then do not put them to the directors.

Sadly we are not invited to the gold fest rally. Will buy more if the price drops to 50p. My short term target is 80p, at which point will sell to my investment value and lets the free shares ride up or down. From the last RNS, I saw nothing but positives.
On frankfurt market they are up 2.5%.

You can not go wrong with Shell in the long run 10% dividend now and have never cut since ww2

maybe Centamin should be selling their gold into the UK markets this month. I wonder if companies actually do look to see where they can get the best selling price for thier gold.

Holding physical gold was the place to be this month.
Due to the price of sterling dropping against the dollar, it still cost £31.77 more to buy an oz of gold from last month. This means if you have real gold your gold is worth more today.

Our European cousins will be able to buy it cheaper as the Euro has strengthen against the dollar. 88.43 Euro cheaper.

Yes I know I wrote that. And it Is still true. I am buying at lower prices. I did sell might higher. At the moment I am buying shares at each 10p Drop. Started from 120p so im not too concerned. I will carry on until it turns or the story changes. I been in and out of Cey for years so I know how low they can go. I also said in another post That I hope we are not below a pound before the next bid comes in. Lets hope the update will be good and they put the cash to good use.

Today
CEY -14.8%
AAZ 0
HGM-4.5%
HOC-7.2%
POG+6.2%
POLY+2.7%
TSG-1.9%

So there we have it, we took the biggest kicking. twice as bad as the next which was HOC.
The gold price drop effected Cey more then any other gold company. I will not include tiddly winks that go up and by 50% daily.