Member Info for RazorsEdge

“A culture of continued improvement.”

https://www.investis-live.com/centamin/61d46777b81c471200d87831/tnye

I was afraid to ask did it matter that it was unsold.

https://www.nasdaq.com/articles/centamin-gold-production-jumps-58-in-december-quarter?amp

https://twitter.com/centaminplc/status/1483696769158500360?s=21

Stocks on European exchanges were below the flatline in premarket trade on Wednesday with traders anticipating inflation reports for Germany and the United Kingdom. Meanwhile, Germany reported a new record in daily coronavirus infections earlier in the day.

The DAX declined by 0.61%, London's FTSE 100 was down 0.51%, while the CAC 40 lost 0.66% at 6:47 am CET.

The euro was 0.10% up compared to the dollar at 7:10 am CET, trading for 1.13282. The British pound was 0.12% higher against the greenback, changing hands for 1.36007 a minute later.

Baha Breaking the News (BBN) / MS

Stocks on European exchanges were below the flatline in premarket trade on Wednesday with traders anticipating inflation reports for Germany and the United Kingdom. Meanwhile, Germany reported a new record in daily coronavirus infections earlier in the day.

The DAX declined by 0.61%, London's FTSE 100 was down 0.51%, while the CAC 40 lost 0.66% at 6:47 am CET.

The euro was 0.10% up compared to the dollar at 7:10 am CET, trading for 1.13282. The British pound was 0.12% higher against the greenback, changing hands for 1.36007 a minute later.

Baha Breaking the News (BBN) / MS

Happy Wednesday y’al..
May today be a corner turned, rather than a hump to be gotten over.
Green shoots are due for sure.

Preliminary production, sales and cost information for Q4 will be released on January 19th

Interesting that they choose to update the market on Jan 19th when their official Q4 2021 Results date isn’t scheduled until Wednesday, February 16th

*Head scratch, naa maybe just coincidence.

https://twitter.com/barrickgold/status/1481242129729040390?s=21

https://twitter.com/_capitallimited/status/1483334325135613952?s=21

European shares were lower in premarket trade on Tuesday as traders prepared for United Kingdom unemployment data and economic sentiment report for Germany and the Eurozone. Yesterday, Eurogroup President Paschal Donohoe warned that inflation will remain at a high level for longer than initially expected.

The DAX decreased by 0.22%, London's FTSE 100 was down 0.19%, while the CAC 40 contracted by 0.25% at 7:19 am CET.

The euro was 0.06% lower compared to the dollar at 7:36 am CET, trading for 1.13996. The British pound was flat against the greenback, changing hands for 1.36393 a minute later.

Baha Breaking the News (BBN) / MS

European shares were lower in premarket trade on Tuesday as traders prepared for United Kingdom unemployment data and economic sentiment report for Germany and the Eurozone. Yesterday, Eurogroup President Paschal Donohoe warned that inflation will remain at a high level for longer than initially expected.

The DAX decreased by 0.22%, London's FTSE 100 was down 0.19%, while the CAC 40 contracted by 0.25% at 7:19 am CET.

The euro was 0.06% lower compared to the dollar at 7:36 am CET, trading for 1.13996. The British pound was flat against the greenback, changing hands for 1.36393 a minute later.

Baha Breaking the News (BBN) / MS

European equities traded higher during the premarket session at the beginning of the week. During the day, the Deutsche Bundesbank will publish its Monthly Report outlining Germany’s economic outlook. Earlier French parliament adopted the final version of the vaccine pass bill, and French President Emmanuel Macron unveiled €4 billion worth of foreign investments in 21 projects.

The DAX climbed 0.16% at 7:02 am CET, while the FTSE 100 and the CAC 40 rose 0.20% and 0.12%, respectively. The euro and the pound sterling stood flat against the greenback at 7:16 am CET, to go for $1.14158 and $ 1.36748.

Baha Breaking the News (BBN) / JGA

Happy Monday y’al

European equities traded higher during the premarket session at the beginning of the week. During the day, the Deutsche Bundesbank will publish its Monthly Report outlining Germany’s economic outlook. Earlier French parliament adopted the final version of the vaccine pass bill, and French President Emmanuel Macron unveiled €4 billion worth of foreign investments in 21 projects.

The DAX climbed 0.16% at 7:02 am CET, while the FTSE 100 and the CAC 40 rose 0.20% and 0.12%, respectively. The euro and the pound sterling stood flat against the greenback at 7:16 am CET, to go for $1.14158 and $ 1.36748.

Baha Breaking the News (BBN) / JGA

Happy Monday y’al

I always enjoyed reading about the monthly gold shipments that were flown to Canada from Cairo airport but out of the blue the media stopped reporting the details.
I believe this is the last one reported, dated January 2nd 2018.

https://www.egypttoday.com/Article/1/39083/405-Kg-of-pure-gold-arrive-at-Cairo-Airport-Monday

Third Bridge has warned that Marks & Spencer (MKS) still faces structural changes despite its resurgent growth.

Group sales were 8.5% ahead of pre-pandemic levels at £3.3bn in the 13 weeks to 1 January thanks to record trading through Christmas and growth across all parts of the business. This led management to guide for profit before tax of ‘at least £500m’ in a trading update.

Back in 2020, the high-street stalwart was ‘struggling to find its mojo’, said analyst Ross Hindle, but ‘a well-executed restructuring has seen the group outperform peers over the past 12 months’, with its partnership with Ocado swiftly becoming the jewel in the crown.

However, Hindle warned that despite the positive performance, ‘M&S is still plagued by structural challenges, especially in its clothing and home division’.

‘To complete its resurgence, M&S needs to slim down its bloated clothing ranges, trim its high [inventory] count, and resolve its non-premium store locations,’ he said.

Shares in Marks & Spencer dropped 7.9%, or 20p, to 233p on Thursday.

Card Factory (CARD) shares have suffered on the back of a trading update, which broker Liberum says underplays the continued recovery at the greetings card retailer.

Analyst Adam Tomlinson retained his ‘buy’ recommendation and target price of 110p on the stock, which tumbled 16%, or 10p, to 53.5p after a trading update.

The analyst dubbed the magnitude of the fall ‘harsh’. He said ‘a continued trading recovery’ means full-year 2022 profit will beat previous guidance and debt has been ‘materially reduced’.

‘The market’s reaction probably reflects the outlook statement, which notes that industry-wide cost pressures mean that future profits are likely to come in below management’s previous expectations,’ said Tomlinson.

‘We had already been prudent in our numbers and therefore make minimal changes, but consensus was higher and we expect it to fall closer to us.’

He said the shares remain ‘cheap’ on a current year price/earnings ratio of 6.5x, adding: ‘Over the medium to long term, we see material upside as the balance sheet improves further and profit recovers, driven by improvements to the store offer, online growth, and more capital-light retail partnerships.

The company may have run into problems recently but Berenberg believes Asos (ASC) can reaccelerate in the second half of the year as it moves to the main market of the London Stock Exchange.

Analyst Michael Benedict retained his ‘buy’ recommendation and target price of £55 on the online fashion retailer, which is currently quoted on the Alternatives Investment Market. The shares leapt 11.3%, or 255p, to £25.11 on Thursday after the announcement of strong Christmas sales and plans to seek a premium London listing.

‘Asos has reported first-period revenue growth in line with expectations, and left full-year 2022 guidance unchanged,’ said Benedict.

‘While the gross margin was well down in the period, we believe short-term factors were at play and forecast an inflection over the remainder of the year… We continue to believe Asos can achieve a solid reacceleration over the second half, and make only minor amendments to our forecasts.’

The company may have run into problems recently but Berenberg believes Asos (ASC) can reaccelerate in the second half of the year as it moves to the main market of the London Stock Exchange.

Analyst Michael Benedict retained his ‘buy’ recommendation and target price of £55 on the online fashion retailer, which is currently quoted on the Alternatives Investment Market. The shares leapt 11.3%, or 255p, to £25.11 on Thursday after the announcement of strong Christmas sales and plans to seek a premium London listing.

‘Asos has reported first-period revenue growth in line with expectations, and left full-year 2022 guidance unchanged,’ said Benedict.

‘While the gross margin was well down in the period, we believe short-term factors were at play and forecast an inflection over the remainder of the year… We continue to believe Asos can achieve a solid reacceleration over the second half, and make only minor amendments to our forecasts.’

European stocks were lower in premarket trading on Friday as investors awaited an array of economic data, including trade balance figures from the Eurozone and the United Kingdom.

The FTSE 100 fell 0.56%, the DAX slid 0.78% and the CAC 40 dropped 0.87%.

The euro added 0.23% against the dollar to sell for 1.14781 at 7:09 am CET and the pound rose 0.22% compared to the greenback to go for 1.37338 at the same time.

Baha Breaking the News (BBN) / NP

Have a good weekend y’al

European stocks were lower in premarket trading on Friday as investors awaited an array of economic data, including trade balance figures from the Eurozone and the United Kingdom.

The FTSE 100 fell 0.56%, the DAX slid 0.78% and the CAC 40 dropped 0.87%.

The euro added 0.23% against the dollar to sell for 1.14781 at 7:09 am CET and the pound rose 0.22% compared to the greenback to go for 1.37338 at the same time.

Baha Breaking the News (BBN) / NP

Have a good weekend y’al