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If you are angry at the price Centamin reached yesterday in comparison to where they are today, you need to reassert if you are cut out for stock market investing or would you be better leaving your money in a post office savings account.

The truth the market bared her soul to everyone yesterday, like a hot woman flashing her undergarments (or lack of them).
Wake up and be great full the LSE gave you the inside track on where Centamin’s shares are headed.
To me yesterday I gained valuable knowledge and today a discounted price. Don’t stair a gift horse in the mouth!

Bol all

Pushpullme Elprofessor... Wow! FRES off by another 8% today. They are getting well put back.

Barclays posts 269.3% rise in H1 profit to £2.07B
More to come...

Breaking the News / IT

Stocks in EU decline in premarket before BoE

Investors showed some risk aversion and caution on Thursday before the opening bell on the main equity markets in Europe but gold and silver, which are normally safe haven assets, also moved downward. Exchange rates and oil prices were largely steady in the runup to the monetary policy update by the Bank of England. The United States Federal Reserve yesterday lowered interest rates for the first time in nearly 11 years and recent remarks by officials from major central banks indicated they may race to support their economies and reposition according to their peers' moves.

The euro slipped 0.25% at 8:14 am CET to $1.10476 and added 0.06% to trade at £0.91124. The pound declined 0.31% to $1.21221. Gold fell 0.39% to $1,407.22 per ounce and silver weakened 1% to $16.1 for one troy ounce.

The FTSE 100 was down 0.15% in the premarket in London while the German DAX lost 0.3%. The CAC 40 was 0.25% in the red and the Euro Stoxx retreated 0.46%.

Breaking the News / IT

Today begins the “ first half of August” in which the Jethro drill results are expected.

Patient, utterly patient.

Elprofessor.. I’m sure you’ve noticed FRES are down another 8% today.

They’re sitting at £6.01 and there 52wk high is £10.37

Surely they’re a buy

The upward trend will continue.

....Centamin meets guidance and increases dividend.

Europe mostly higher in premarket as earnings continue

European stocks traded higher in premarket on Wednesday as companies continued to release their earnings reports, including Airbus, BNP Paribas and Credit Suisse. Investors also awaited the release of further reports from Glencore and Lloyds Banking Group as well as economic data on German retail sales and British housing prices later in the day.

The German DAX was up 0.17% at 7:30 am CET while the FTSE rose 0.12% at the same time. Data for the CAC was not currently available.

The euro was flat against the dollar to go for 1.1156 at 7:30 am CET while the pound snapped a previous losing streak and jumped 0.12% against the greenback to go for 1.2163 at the same time.

Breaking the News / DZ

Cheers Mrtibbles...

You’re lucky to have had a broker willing to put his neck on the line by recommending stocks to clients.
Without wanting to.. well let’s just say I have had a lonely old time investing but in the long term it has proven to be a better way as I learnt that 99% of investing answers lay in you and when you figure things out you know what and why you’re doing or trying to do.

Treading ranges, when to buy... learning to be contented with your money in cash for months while waiting for an opportunity.

Enjoyed your post thank you and got luck at 7am

Elprofessor...

No I am slightly under water with Tullow Oil. My point was whoever is chucking £12m about is either nuts or has some pretty sound info.
I don’t remember what company I was watching a month or two ago but as I was considering a buy as the share price was down 16 or 18% out of the blue they fell another 8% buying on poor results is risky.

Last December ASOS gave a profit warning at 7am the ass fell out of the stock when the market opened then Boohoo dropped as well (only because they are a similar company). Fast thinking on boo’s behalf they issued a statement at around 10am saying they were meeting their expectations.
I bought a load of them and made a good profit.. market over reaction to nothing.

As far as fres is concerned I don’t know enough about them to buy, but that is only my lack of knowledge, nothing to do with the company.

Good luck tomorrow with the numbers

...if this 10m buy is a smartass investment someone has the inside track.

At the least this is a gutsy play..

I’m watching Fresnillo who announced their half year numbers and are have just formed a new 52 wk low.

I don’t expect anything negative with Centamin tomorrow.
I hope all goes well at 7am

European stocks gain on monetary policy optimism

While the falling pound benefited on Tuesday the internationally oriented companies listed in London, as it makes their exports more competitive, stocks in the Eurozone advanced against the backdrop of optimism regarding bilateral talks between China and the United States and the Bank of Japan's vow to maintain stimulus in the fight to bring inflation back up. Precious metals were slightly lower before the opening bell on European equity exchanges.

The earnings season reached its peak with Bayer and Lufthansa having issued quarterly reports. Sony, Merck and Co. Mastercard and Apple are some of the major names on deck for today. Investors are also waiting for inflation data from Germany, the European Union and the US as the most important updates before the monetary policy decisions by the Federal Reserve and the Bank of England.

The euro slipped 0.09% at 7:59 am CET to $1.11345 but it rallied 0.6% to £0.91774. Sterling tumbled 0.7% to $1.21326. Gold was 0.26% in the red at $1,423.13 per ounce. The UK's FTSE 100 stock index moved 0.51% higher. The DAX was 0.06% in the green in Frankfurt compared to the gain of 0.07% in the CAC 40. The Euro Stoxx 50 advanced 0.08%.

Breaking the News / IT

76 posts altogether, 75 of them with Tomas Cook and the last one to tell us he’s leaving... wonder why he bothered to since he hadn’t posted he was here in the first place.

Odd beings about... but each to there own I so!

Europe trades mixed in premarket

Shares in Europe were mostly down in premarket trading despite the expected resumption of trade negotiations between the United States and China in Beijing later this week. Last Friday, President Donald Trump stated that China would sign the deal with the US "almost immediately" if he is reelected in 2020. On the other hand, he vowed to fight for China's "developing nation" status within the World Trade Organization to be revoked.

In earnings, Ryanair and Sanofi posted their latest results.

The DAX slid 0.22% as the CAC 40 lost 0.42% at 7:54 am CET in premarket trade. The FTSE 100 was up 0.10% in the meantime.

The euro was flat against the dollar at 7:56 am CET, buying $1.11279, as the pound decreased 0.14% to trade for $1.26663 at 7:57 am CET.

Breaking the News / NI

China’s CNOOC suspends work at Ugandan oil field over Ebola fears. Chinese oil firm CNOOC has halted field activities at its Kingfisher oil field on the Ugandan side of the Democratic Republic of Congo’s eastern border due to concerns over an Ebola outbreak, raising more worries about Uganda’s already delayed oil projects, Nicholas Bariyo reports.

A spokeswoman for Cnooc’s Uganda unit said all field staff have been relocated following the death of a worker that is suspected to have been caused by the deadly virus.

Thursday’s suspension is unwelcome news for a region where Cnooc is working alongside France’s Total and British oil explorer Tullow to develop oil fields estimated to contain about 6.5 billion barrels of crude.

https://blogs.wsj.com/frontiers/2019/07/27/emerging-and-growth-markets-july-27th-2019/?guid=BL-265B-2713&dsk=y

Lol

Europe flat to positive premarket after ECB decision

European equities traded mixed in premarket on Friday after the European Central Bank (ECB) decided to keep the benchmark borrowing costs unchanged for the time being. Mario Draghi, the head of ECB, at the same time rejected lowering target inflation rate and warned that the rebound in gross domestic product's rise became "less likely."

In the meantime, newly elected United Kingdom Prime Minister Boris Johnson stated that the preparations for a no-deal Brexit scenario are a "top priority" for his cabinet, after which the European Commission President Jean-Claude Juncker said that hat the United Kingdom's withdrawal agreement was not up for renegotiation.

The DAX advanced 0.31% at 7:56 am CET, while the CAC 40 sank 0.06%. At the same time, the FTSE 100 was trading flat before the market open. The euro lost 0.02% against the dollar at 7:58 am CET, buying 1.1145, while the pound slipped 0.05% versus the greenback, going for 1.2446.

Breaking the News / MA

The market can be extremely vicious to a stock and within a week or two treat it as “a darling”
It is sensible to not take days like today too seriously... First thing in the morning it’ll make up half of what it lost today because it’s over sold and looks cheap.

My own words a few posts ago... we must be patient, utterly patient.

Sorry I need to correct what I said.
The last view from IC which the reiterated today was
Sell £2.12 issued on February 13th 2019

Sarcastic me: The pps was £2.50 in May... what ever were they thinking about!

Released an article on Tullow today reiterating a sell recommendation at £2.13
Says new future discoveries possibly already priced in.