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What a bloody site this is, it's forever down or crashing!

Centamin – a buy from here? Yes!

By Nigel Somerville

Fully-listed Egyptian gold-miner Centamin (CEY) saw its shares riding high on Tuesday in the wake of news of a potential bid from Canadian peer Endeavour Mining in the form of a proposed all-share deal which valued Centamin at around £1.5 billion. The shares, having been knocking around 110p moved up to 130p at the top – beating the intimated deal price of 126.27p – but have since dropped back and closed last week at 118.55p as the market appeared to lose interest. So is it now a buy?

*****prophets website

Broker downgrade?

Why is this suddenly in freefall this morning?

Thought we'd seen the back of the 130's. Such a frustrating, demoralising share.

That's right, then when the dividend gets paid it comes straight off the bottom line as someone said.

This is the sort of share Warren Buffett would be buying at this price and holding for ever or at least 10 years plus.
Where's the moat? Ramp of the year - and there's been a few on here.

Evidently he didn't want to sign it, but, unusually, there was pressure from both sides, Republicans and Democrats, to do it.

Richard Hunter, head of markets at interactive investor, says Royal Mail has delivered a "mixed bag of numbers, as the increasing pressure of a letters market in terminal decline continues to bite".

"The mauling of the share price by the ever-present bears of this stock compounds a sorry performance.

"The current price of around 200p compares poorly to the float price of 330p in 2013, let alone the peak of 631p in May last year.

"Over the last 12 months the shares have lost 41%, as compared to a 10% rise for the wider FTSE 250, and the situation could yet worsen as the likes of Amazon and Deutsche Post continue to encroach into Royal Mail’s territory.

"As such, the market consensus of the shares as a sell looks likely to remain firmly in place.”

This must be the most volatile share on the FTSE. Constantly one step forward two steps back.

Large volume again mind

Thought it was nailed on the way it was going

Especially when you look across the ftse 250 & see the leading riser based on producing toy figurines is up 20%, you think wtf?

I would think it definitely gets there

Why does this get hit much more than any other miner?

Thought we’d send the back of the 120’s. Extremely frustrating share. Makes you wonder what yesterday was all about?

And yet American indices make new highs. The markets don’t seem to mind him.

All yesterday’s good work, all the volume & big buys undone in a couple of hours. What is going on here?

About time

MPs are getting involved with this. Bookmakers need to be taught a lesson. They cannot have their cake and eat it. They are happy to restrict winning punters to peanuts or close accounts and yet when restrictions are imposed on them, ie FOBT’s restricted to £2 and the same threatening to online accounts they cry like babies. Maybe, just maybe, they’ll have to go back to proper bookmaking, making a book to % of overround in which they take in more than they pay out and everyone, winners and losers are accommodated.