Member Info for Supercharger

Think of how many miners we have lost from the FTSE and it all starts to make sense, Blackrock and Van Eck were also on both sides on Acacia and Randgold from memory both lost to Barrick Gold who also have Blackrock as one of their largest shareholders. The best thing about Centamin is it does not have the shorter's circling like Acacia had and I can see an opportunity for a sustained increase here, especially as it appear any thought of a US -China trade deal is disappearing and the UK elections are becoming far closer than anyone imagined. So we are also underpinned by an increasing precious metals market which will also help earnings. If the management of CEY want to provide a robust defence to the takeover/merger bid they also will now need to come out with a decent set of final 4th qtr figures to win over shareholder loyalty. The future looks a lot brighter now in my opinion for CEY (and we still might get a counter bid). Shame the FTSE is losing all its precious metal miners though, and I do get it for the big US fund managers with additional currency benefits to them as well with sterling being so low.

Jeph - you have to be very careful as sometimes you might find that the corp. funds or banks show their client name who they have acted on behalf of and this does not mean the holding is for them. i.e. could be in a nominee "client name" for say Endeavour. I thought for instance myself that the bank you mentioned may have shorted a day before the approach from Endeavour to Centamin so they have no doubt hedged their offer price and tried to bring down the start price? Didn't work I.M.O.?? The Uk mkt did not show any shorts this morning.
Morning star show actually the old favourite Blackrock as the largest shareholder, Van Eck only recently increased their own shareholding - now isn't that interesting?? ses link :-
https://tools.morningstar.co.uk/uk/stockreport/default.aspx?tab=5&vw=own&SecurityToken=0P00007O3H%5D3%5D0%5DE0WWE%24%24ALL&Id=0P00007O3H&ClientFund=0&CurrencyId=BAS

Best bet look under disclosure where takeover or merger exists and takeover panel involved. As I understand it we will now be flooded as fund managers and larger interest shareholder have to disclose their interests. If you are registered for all releases it can become quite annoying but at least you can keep a tab on the action and the interests being disclosed. Some you will find interesting. The good thing is for the Uk market I could not see this morning any short registered so at least we can see the interests more on a level playing field without so much hedging games going on as with some other shares I will not mention. Good luck! we deserve it.

Looks like today what with Endeavour prices falling 3.8% on the Canadian market and what with CEY centamin up nearly 15% the market has spoken and they will now have to raise their offer stakes to consider any serious merger/takeover, and the market knows it. The same happened with Barrick we got considerably more in the end from the first offer for Acacia mining, and by the way ABX "Barrick is today up 3-4%" they could well join the party here with their small change!!

Now up 15% could be worth an alternative punt if all else fails here. Your call.

Agree Mr T -The share price for us at GBP125 has a long way to go yet to be acceptable. The most annoying thing for me is to keep getting the declared interests now from the fund managers every five minuted declaring their interests under the requirements of when an offer is being made and all of the notified significant shareholders having to declare their interests under form 8.3

We see today Gold rising fast towards USD1500oz and Silver has already broken through USD17oz which will please the Hochschild share holders among use.
I suppose we should have known previously it would not be long before we were shooting back up towards £1.60 a share, the offer today may have caught some of us out.

Sorry will continue ...after see my beloved Acacia mining fall to BARRICK once the bigger boys get involved there is little we can do, but we will see a substantial increase in value in my opinion.

I have owned a number of these shares for some years and seen the rises and falls. We certainly are trading low at the moment. The management have developed a Company here with no debt it is true but others have questioned the mine management. I regret after seeing my beloved ure

We know Endeavour and Barrick are both Canadian competitors with similar interests in Burkino Faso and Mali. I can also see if they went for Centamin they would be able to develop Egypt further and Mark Bristow (prev of Randgold fame) has the best reputation in the business for winning around Govts and in getting his way.
I feel this share price at these low levels still has a long way to go yet!! Keep your seat belts on for a hairy ride!!

"CEY" -Centamin look interesting today chaps if you want an alternative-just received an offer from Endeavour mining. Canadian markets not open yet. Gold /SIlver also up today. Might be worth a look if one wishes to make up if have spare cash? ATB.

"CEY" -Centamin look interesting today chaps if you want an alternative-just received an offer from Endeavour mining. Canadian markets not open yet. Gold /SIlver also up today. Might be worth a look if one wishes to make up if have spare cash? ATB.

I only got my first notification today from CEY at 9.04am so not relatively early on the day. Many may have the opportunity to come in here before the news is out to the days traders? Could be an opportunity at these low prices? I also now see as new 8.5 forms are released to the market how Endeavor appear to have shorted CEY yesterday through Nova Scotia bank? So they were attempting to drive the price down yesterday to make their offer look more attractive today-perhaps. I only see this share rising from now on it appears the days trader are coming in fast. Happy days!!
It may be actually that if Endeavour are sensible they have already completely their due diligence and are pleased with the results meaning they needed to get their offer out now, timing is always the key.
I would not be surprised if it awakens other Gold miners to have a look and the day traders later as I would have expected the news to have made this share in far more demand than it is now.
Barrick with Acacia interests in Burkina Faso have always been one of my favourites to come in here too.

Endeavours offer has been revised for them to consider an offer price going forward rather than a straight 5/6% on last close should keep the price rising fast (hopefully) plus a look at the days Gold prices these are rising fast too. A double bonus!! Endeavour are also no doubt aware of the long term futures for Gold where a large number of so called experts as I said last night are quoting some serious Gold prices north of where we are now. Excellent news allround. We now need another bidder to join the party but I am hoping we will be back at £160 very soon or more.

We could see CEY moving up fast if we do start moving up towards what some today proposed as being Gold at USD1700 an oz or more per discussions on bloomberg today -many expect Gold to move up higher -even to records highs soon. based on long term futures and increasing demand.

We could see ABX moving up fast if we do start moving up towards what some today proposed as being Gold at USD1700 an oz.

You are right about the moaners too. I remember one at Lloyd's who always complained to me he didn't get a redundancy. I explained that was because he always moaned and everyone expected him to leave in anycase. My advice was to start telling everyone he was so happy he was going to stay. Within three days he had been made redundant. I advised him at the same time to keep prices in his back pocket for his Company car so when he was called in he could buy that trade too. Also to invest all of his redundancy into his pension and take the lump sum from the pension tax free. Which he did. He also rang me a month later to say he got his first rise in 5 years after drawing his pension as he was given an inflationary increase from the next January in a months time. Happy days all round. So be happy -get your redundancy is the way to go!!!

Yes looking after the olduns you get an extended house, and a free tv license thrown in for free, and even help with those heating bills. Happy days!!!

Yes my father has just been awarded an hons degree at the age of 91!!! I think since we have started taking care of him he has got a second wind. Mind you he helped me invest my pension 20 years ago when we told St.James Place we did not need their services and my father come up with whole load of funds to invest in 95% out of the Uk, so when I enquired recently about if my pot was now large enough what with sterling falling I was told we had more than enough. Happy days!! All my so called past colleagues who laughed when I went my own way investing most of my income abroad are not laughing now. Here's a large single malt to Dad!!

I found with myself sometimes one has to retire early to look after their parents and this means no or less income from a London salary. Rather than be selfish enough to just put my parents into a home (which costs a fortune by the way) I have chosen to look after my parents and will certainly therefore be earning any inheritance!! It is not always just a case of ones parents just rolling over in their sleep leaving you loads of money. When you get older you will appreciate this.