Member Info for SteveJones999

There’s some frantic trading going on- and yes bonkers spread at times …

ASIC up, profit (after payments) down, EBITDA down, divi cut(which I think is good, but only generally seen as good when profits are consistent and credible explanation of expansion or where the divi saving is going being positive).
I think this will be fine in time, as costs come down and prod continues to go up- but where it's reported costs up more than production up, not good.

I take no joy in saying this is why I sold yesterday- as I said I got burnt a while ago on RNS results, even when they are y/e and "known" to a large extent.
I also learned not to jump back in again too quickly, so will watch and wait.

No worries Sotolo- as a trader I would have thought that this would have improved a lot faster, but the inflation massive whack didn't help at all- I recall Vitaly at POLY being the first to warn of this way back even before it accelerated, and the POLY SP got whacked immediately at his admission. I don't see any surprises in the RNS, but seeing AISC up more %wise than gold produced and EBITDA down, is not great. Having said this, all this was already known so I've no idea at opening, so just watch and wait... I do think the future is rosy, I know the costs aren't great and was a bit disappointed for not seeing an more aggressive projection of a bit lower costs in 2023.

Exactly Sotolo- but over the years, when you keep saying you've so much invested here, lost loads, don't hold for the divi, expect big losses etc etc- are you completely mad? This is not dig, but just always surprises me.

No Sotolo, this proves my point on not holding this share for the divi. I explained this so many times...

The good news i think and i hope, is that we’re seeing the “norm” in markets when sectors have issues eg stocks down and gold up for example-
the horrible panic times like 2008 and covid march2020 when everything went down together in a rush for liquidity !!! Hopefully short lived

2 banks have had issues for different reasons and it’s good to see the regulation bought in is being acted on :-). Traders making a packet- nothing like 2008- completely different when the banks caused a crisis for known reasons that crashed stocks and crashed gold

What is interesting also is how BTC and other major crypto has performed comparatively well as have tech stocks... major players have different indices I accept, but interesting nonetheless.

Good luck to all holders tomorrow- and I’ll be ready to press the button as fast as i can if good- also depends, of course, on markets too plus gold - todays another reminder that cey is a stock and not gold itself - hence the SP

Yep Mr T- same as I heard from a different source :-).

Back to CEY... as per my norm, I won't be in for tomorrow's RNS, like many here, too long in the tooth and been whacked at RNS in the past! Will be ready to hop back in tomorrow on any rise and hopefully only miss out on the initial jump at open if there is one.
So, any views here on what is likely to come out in the RNS other than the obvious?

CSwiss leverage ratio still good, no liquidity issues, different issue to SVB, confidence issue now... not like 2008- regulatory changes since 2008 crisis in play hence Saudi couldn't step in.

Always euphoria lol- gold will pullback as hysteria subsides - CS will be fine, banks will be fine - tomorrows RNS important - the brave will remain in, some will bail before day end on fab profits again today too :-). Then if good RNS tomorrow at 07:00 and markets ok incl gold- go back in on any rise

Hochs down ~46% in the pat 12months

Strange- i’ve been on this board years and years and your self confessed losses are vast or they were a few years ago and now miraculously your average price is 114- how long is your nose now!

Spoonington- because dividends can be lifted at any point eg stopped and then you are stuck with the low SP at the time which is generally the case- and here is a particular concern for those who have get reinvesting for divis. It’s fine as part of a balanced portfolio eg some divi payers in there was different companies and different sectors- balance is key. My aversion here is obvious- a gold miner with divis being “relied” on is bonkers- miners are massively high risk stocks and go rely on a divi from a massively high risk asset is bonkers

You are a cheery soul Sotolo- hope you've stopped listening to muppets like that gold "expert" who got it so wrong the other day :-). I really don't care as don't trade CEY for divi's - in my view holding stocks for a divi is way too dangerous- the markets are littered with people who thought their money was "safe" as gaining on divi's rather then SP, only to completely ****ed over when the companies dump the divi an the holder are stuck with a very low SP.
Many dump before any scheduled RNS as a precaution, and buy back in on gain missing out on part of a rise- other hope- it's your choice...

CPI (overall) was up - although slight dampens things- we await next data point - as there’s no way the fed can go above 25 in my view

US time change- summer :-)