Member Info for MKS123

The euro denominated divi is being overlooked here by many PIs I feel. In the event of a weaker GBP versus euro, because of Brexit or onwars covid impact, the divi yield improves

Not a great RNS. As far as actual profits go, supermarkets haven't run away with massive fortunes because of extra covid spending. The demand might be there but if margins aren't, then what's the point? Not to mention Brexit is looking bleak. This will negatively impact grocers. I think the only positive outcome for Mccolls holders is if its taken over by someone bigger like Morrisons. It's own turnaround programme is long and there are too many factors out of their control

LTH as in long term holder... for me thats years... I'm investing in VOD for my UK SIPP

Not as popular as other FTSE stocks or AIM stocks that get more media attention but Yu Group is primed for a good 2021 hopefully especially as the UK economy recovers from covid. I added some this morning but it took a while to buy via AJ Bell.

Depends on your time horizon. I've bought into today as LTH looking to secure current div which is in euro. Also, a future of 5G and Vodafone's vantage tower business, to me, spells a aolid future.

The SP has done well since the vaccine news like others. I wouldn't expect VOD to jump around like travel stocks

A no deal Brexit, I suspect, will have a negative impact here purely on market sentiment and the consumer/business bad debt that is likely to follow if the economy has a shock...

I do like the fact the divi is in euro, which at current SP provides a good yield.

UBS INITIATES CENTAMIN WITH 'BUY' - TARGET 150 PENCE

Hopefully a few more broker updates to come as the market update is digested...

Impressive climb. I'm hoping more to follow as governments start to print money

£20k from post-tax salary is okay for someone who just joined. It's a personal choice from him. Either way, a buy is a buy. He didn't have to buy any. I still think CEY is a solid divi stock and there is limited downward risk in the SP bssed on current PoG and CEY's own state of operations. The update last week was very encouraging

Depends on your timeframe. I'm a LTH and so the div appeals to me. I'm hopeful for BP as economies open up and POO doesn't collapse. BP also has renewables and retail etc. of course

@Steve: 150. Buy.

Good to see brokers giving updated buy ratings for CEY such as BofA. In all, particularly IIs who care about div should be interested in CEY after yesterday's update.

I agree. I'm not sure it will be taken over but the div looks a high priority for mgmt and its the reason I've bought alongside current SP seeming low. The SP is holding steady also. I'd like to see IIs buying in here.

Several documents on the BEIS website today. Nothing too surprising. Renewables (and ROCs) are up. Costs are staying down. Consumption is down.

Yu benefits from this except for lower consumption (and defaults). Management has been on top of both so far largely because of the 2019 business reset. I continue to expect strong invoice collection and business growth.

Lucky

FWIW I've recently bought into CEY with a view to be a LTH. I'm happy with the div yield (bought at 113). Div cover suggests this shouldn't be axed that easily. CEY doesn't have debt and generates cash. It can still grow via exploration in Egypt beyond Sukari or in West Africa. Also, I don't buy into the "vaccine ready by Xmas" story in the press. The PoG, IMO, is unlikely to completely collapse. On a day like today when we're talking more about restrictions, job losses, printing money, gold should hold up

Yellen likely to be Biden's pick. She supports fresh stimulus, which should filter through to PoG... unemployment and covid cases are still high and current positive vaccine news isn't enough in the present term...

Topped up today as a LTH. Although CEY is obviously dependent on PoG, CEY pays a decent dividend. Current SP and mcap is attractive to me when you consider new exploration yet to be done. Mgmt bought at higher prices recently and the mine issues is just delaying revenue. The gold is still there.

The same FT referenced article has a range of estimates for PoG including going to new highs and GS predicting $2300. My view is that PoG will remain around current range ($1800s) and higher. The world economy is not recoverying at the breakneck speed recent vaccine articles suggest. More money is to be printed, inflation is to stay under pressure as a result. Global politics still has too many unknowns to suggest a safe haven like gold is not in demand.

Even though the vaccine news has boosted saga more than other travel stocks, even at 280, this is still just circa 19p old money....

Saga and other travel stocks are still bleeding cash. All the vaccine has done is given investors a sense that there is a clearer light at the end. On current news from Oxford or Pfizer, travel is not returning to normal for many months yet.

If you plan to be a LTH like me and stick with travel, Saga at 280 even is good. For more short term gains, then Saga has risen enough. Way too much compared with IAG or RR

Reuters now confirm the new block awards without details... positive for cey in the long run

A lot of people were looking for this. It has now come. Ignoring the fact BK and the CFO bought at much higher prices long ago, there is a clear correlation between senior mgmt and PIs.