Keyword results: Centamin

Top-10

Notes from Underground – Most read articles for the week ending 23 April 2022

These are the most-read articles and most listened-to Bearcasts of the week. The most read non-Tom is Centamin – Q1 Disappoints, Or Does It? by Nigel Somerville at Number 3 or Number 10 if you include Bearcasts.

CEY
CEY
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Centamin – Q1 update, production fall expected and we can now look to better times ahead

Centamin (CEY) has announced a quarterly update including “as planned, Q1 2022 production reflected the successful transition to owner mining in the underground… reiterates its 2022 full-year guidance”, so what of a share price response currently down closer to 90p?

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CEY
CEY
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Centamin – Q1 Disappoints, Or Does It?

Fully-listed Gold miner in Egypt, Centamin (CEY), offered up its Q1 report this morning and whilst there were a few corners to celebrate, there was bad news – at least temporarily – for shareholders as the company reported cashflow of MINUS $21.4 million on reduced sales as the business model changed to owner-mining and much-increased costs. As I write, the shares are down 7% on the news at 90p, capitalising the company at £1.05 billion. But are things as bad as they seem?

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Atomic

Monday Easter egg: The twenty most-read ShareProphets stories of 2022, so far

Some ShareProphets articles are marmite, in that it's good for you but not very popular. Other ShareProphets artiicles are, well, marnite, in that they cause widespread, viceral disagreement. Here are the twenty stories that ShareProphets readers read and read with Julie Meyer featuring in four of them. Ms Lingerie on Expenses sure is box office.

Gold
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The View From The Montana Log Cabin Sick-Bay As Gold Gains, Yield Curve Un-inverts

The bond markets have reacted strongly to the smoke signals from the Fed that interest rates are going up (far and fast, so they would have us believe) and that we are about to suck some of that excess liquidity out of the market via QT – quantitative tightening. The result has been far higher bond yields – which should be bad for Gold – and if QT actually happens, since it is the opposite of printing money then in theory that is also bad news for gold-bugs. 

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Gold
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How Are My Gold Stocks Doing?

It has been a while since a took a look at my Gold stocks so here is an update, including AIM-listed Ariana (AAU), Panther Metals (PALM) of the Standard List and Centamin (CEY) and Golden Prospect (GPM) on the full list.

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Top-10

Notes from Underground – Most read articles for the week ending 19 March 2022

These are the most-read articles and most listened-to Bearcasts of the week. The most read non-Tom story is Centamin – 2021 FY Numbers And Dividend: Is It Now A Sell? by Nigel Somerville at Number two or Number four if you include Bearcasts.

CEY
CEY
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Centamin – 2021 FY Numbers And Dividend: Is It Now A Sell?

Well, I look a right Charlie. Having spent the last 18 months trying to restore the investment case for fully-listed Egyptian Gold miner Centamin (CEY), the board now intends to chop the payout and the shares have tanked. What to do?

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Gold
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An Interesting Week Ahead For My Gold Stocks

This week we have annual results from fully-listed Centamin (CEY) on Wednesday and I’m hoping for production guidance from AIM-listed Ariana (AAU). But with the Gold price all over the shop it will also be interesting to see how the coming week plays out for fully-listed investment trust Golden Prospect (GPM).

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GPM
GPM
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Golden Prospect – Still A Buy As Gold Heads Higher

I see this morning that Gold hit around $2025 per oz as the Ukrainian crisis and the associated sanctions continued to hit the market. The price has since eased a little to $2009 but this is the highest the yellow metal has been since the record high at $2063 in August 2020 and I don’t see anything to hold it back beyond a short bout of profit-taking.

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Top-10

Notes from Underground – Most read articles for the week ending 5 February 2022

These are the most-read articles and most listened-to Bearcasts of the week. The most-read article talks about an article from Private Eye, so make of that what you will. The most-read non-Tom article is Catching Up On My Gold Shares As Sentiment Nose-Dives: Centamin, Panther, Ariana and Golden Prospect by Nigel Somerville at Number 2 excluding bearcasts.

Gold
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Catching Up On My Gold Shares As Sentiment Nose-Dives: Centamin, Panther, Ariana and Golden Prospect

We have had a boat-load of news from my Gold shares, so here is a round-up of my take on the latest developments from fully-listed Centamin (CEY), AIM-listed Ariana Resources, Standard-listed Panther Metals (PALM) and fully-listed investment company Golden Prospect (GPM).

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CEY
CEY
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Centamin – Q4 update, further recovery ahead

Centamin (CEY) has announced “the final quarter delivered what was a highly successful 2021” and that it is now looking forward to delivering on a clear roadmap to growing and unlocking further value from the Sukari gold mine in Egypt and its exploration portfolio. The shares have responded up to 93.425p and look to have much further to go.

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Top-10

Notes from Underground – Most read articles for the week ending 23 October 2021

The top non-Tom article this week is Centamin – Q3 Report Again Shows All Is On Track: BUY For the Yield, The Upside Is In For Free by Nigel Somerville at number eight or number 14 if you include the Bearcasts. The next non Tom is at 9 or 16 and is from yours truly.

CEY
CEY
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Centamin – Q3 Report Again Shows All Is On Track: BUY For the Yield, The Upside Is In For Free

Fully-listed Egyptian Gold miner Centamin (CEY) has this morning released its Q3 report and the good news is that, once again, all is on track. Guidance remains in place, with a couple of positive tweaks – and that suggests the dividend is safe. Indeed, it is possible that it could increase from guidance.

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BMV
BMV
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My Gold Stocks, and Time To Revisit One I Let Go?

It has been a long year since the correction in Gold and Gold stocks set in. Back in August 2020, the yellow metal peaked at $2063, AIM-listed Ariana Resources (AAU) at 6.4p, fully-listed Centamin (CEY) at 232p, Golden Prospect at 72.5p and my minnow explorer, Standard-Listed Panther Metals (PALM) reached a then peak of 13.75. Now their prices at $1787, 4.7p (plus a dividend of 0.35p on the way), 91.4p (plus two dividends totalling 7 US cents), 48.5p and 12.875p. Ouch!

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CEY
CEY
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Centamin – interims, recovery to kick in?...

Gold miner in Egypt, Centamin (CEY) has announced half-year results emphasising “a strong financial and operating performance”. Now capitalised at £1.19 billion, do the results suggest value?

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CEY
CEY
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Centamin Interims – All on Track (again….) and a Nice Surprise: BUY

Fully-listed Egyptian Gold-miner Centamin (CEY) has delivered in line Interims this morning – although that is no surprise given that we knew most of the data offered already. What was a pleasant surprise was that the interim dividend, which I had expected at 3 US cents per share, has come in at 4 US cents.

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CEY
CEY
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Centamin – Q2 update, still a recovery buy

Centamin (CEY) has issued a second quarter 2021 report, emphasising “in line with budget and on track to meet 2021 guidance”. Is there still attractive upside from a current 102p share price?

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Gold
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The View From the Montana Log Cabin as Gold Holds $1800 but Gold Stocks Continue Slide

There is an interesting dichotomy between the prices of Gold and Gold Stocks. Encouragingly, Gold closed the week having held the $1800 mark at $1803 but Gold stocks, Silver and Silver stocks have been sliding. What to make of this?

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CEY
CEY
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Centamin Q2 Report: All Remains on Track - Buy

Fully-listed Egyptian Gold-producer Centamin (CEY) released its Q2 report this morning. The good news is that all seems on track to meet full-year guidance as the company continues its recovery from the ground movement issues last autumn and an interim dividend is on the way.

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CEY
CEY
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The View from the Montana Log-Cabin as Gold Squeezes back above $1800

Last week the Gold price closed up just $6 at $1788. This week it has put in a slightly less modest increase to $1808. Gold has notched up a hat-trick of weekly gains; I’m not so sure that this means it is time for the return of the Gold bull-market just yet, but there are some positive signs.

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CEY
CEY

Centamin – “pleased to announce” West African exploration portfolio review results, Buy

Centamin (CEY) says that it is “pleased to announce” the results of a review of its West African exploration portfolio. Companies always say they are pleased to announce – should Centamin be pleased? The shares are down on the RNS.

CEY
CEY
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Centamin – West African Portfolio Review: BUY

Fully-listed Egyptian Gold-producer Centamin (CEY) updated the market on its West African portfolio of exploration assets yesterday. Broadly speaking, one – Doropo –  is being progressed, a second- ABC – is to undergo further testing and a third – Batie West – looks like being shelved. Since I have largely ignored these assets as I value Centamin as it stands now, I’m not so concerned with shelving assets – but the one which is being progressed looks very interesting and could add significant value.

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Gold
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The View from the Montana Log-Cabin as Gold threatens to the upside earlier than expected

Gold has had another good week, closing at $1880 – up from $1831 a week ago. ShareProphets’ favourite technical analyst, Jordan Roy-Byrne of TheDailyGold.com had been targeting up to $1850 as a point of overhead resistance and it seems that the line has been crossed – seemingly quite easily.

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CEY
CEY
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If you're bullish on gold, then you should consider adding Centamin to your portfolio whilst its shares are so cheap

Centamin (CEY) has always been one of my favourite gold producers, and although I may not be as bullish as fellow ShareProphets writer Nigel Somerville, I still expect the metal to do well over the next few years.

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Gold
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Gold – The View from the Montana Log-Cabin as Gold attempts to regain $1800…..but falls short this time

Gold and gold shares continued the recent northward run this past week but hit the buffers as the yellow metal attempted to get over $1800 per oz to close the week at $1777 per oz – back where it started the week. Likewise, Silver ended up almost back where it started too, but did manage to post a very modest gain to close a faction over $26 per oz.

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Top-10

Notes from Underground – Most read articles for the week ending April 24

The most read non-Tom article is Centamin Q1 Report: All on Track – BUY by – wait for it – Nigel Somerville at number nine, or  number 16 including Bearcasts and Tom’s new shareshow. Which one is the best of the week? You don’t need to tell me in the comments – it’s clearly the pub quiz which somehow missed the leaderboard.

CEY
CEY
PREMIUM CONTENT

Centamin Q1 Report: All on Track – BUY

Fully-listed Egyptian gold producer Centamin (CEY) offered up its first quarter report this morning and the big news is that once again the outlook is unchanged. Given the ground movement issues revealed last autumn and the consequent reduction in gold produced and higher costs, it is pleasing to see that the company’s response is thus far working out as planned.

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Gold
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Gold: The view from the Montana Log-Cabin as spring finally sets in

It has been a long winter for gold, as an extended correction set in last August. But after a few weeks of going nowhere it seems as though Gold has finally exited the corrective phase and is finally on the up once again. But will it last, or are we headed for more drops?

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GPM
GPM
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Gold – watching paint dry at the Montana Log-Cabin but some signs of hope for my gold stocks

I noted two weeks ago that Gold had gone nowhere for two and a half weeks. Then the Gold price was $1734, down from the previous week’s $1745 and here we are a fortnight later with the Gold price at $1744 – it is like watching paint dry! But there looks to be some signs of hope that there are northward stirrings heading this way.

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CEY
CEY
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Centamin – 2020 results - this will be a great recovery BUY

Gold miner in Egypt Centamin (CEY) has announced its results for the 2020 calendar year, emphasising “record revenue of US$829 million… generated significant free cash flow, of US$142 million, a 91% increase, making it possible to propose and pay dividends attributable to 2020 of US$104 million”  but also ‘impacted guidance’. But that impacted guidance was already known about, there were no new nasties here. Indeed…

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Top-10

Notes from Underground - Most read articles for the week ending April 3

The most read non-Tom article this week is Centamin – Results tomorrow: what am I looking for? by Nigel Somerville at number two, or  number six including Bearcasts and Tom’s new shareshow. Which one is the best of the week? Tell me in the comments.

CEY
CEY
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Centamin – remains a recovery buy

Gold miner in Egypt Centamin (CEY) announced results for the 2020 calendar year emphasising “record revenue of US$829 million… generated significant free cash flow, of US$142 million, a 91% increase, making it possible to propose and pay dividends attributable to 2020 of US$104 million”  but also ‘impacted guidance’. A recovery buy?

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Top-10

Notes from Underground - Most read articles for the week ending March 27

The most read non-Tom article this week is Centamin – Results tomorrow: what am I looking for? by Nigel Somerville at number two, or  number six including Bearcasts and Tom’s new shareshow. Which one is the best of the week? Tell me in the comments.

Bearcast
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Tom Winnifrith Bearcast: Buy, sell or hold Centamin

I start with harassment by phone call – 11 in three hours last night, 6 in 30 minutes starting this afternoon. It is not going to stop me writing about Zoetic (ZOE) and other frauds! Then onto a reader’s idea that £5.99 gets to tell me what NOT to write. Then onto Woodlarks. I did my first serious training walk yesterday which I’ll write up later but we now have FIVE walkers lined up for May 29 and Woodlarks desperately needs cash so please donate HERE. Finally a look at Centamin (CEY), not my greatest investment. But where now?

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CEY
CEY
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Centamin – Results tomorrow: what am I looking for?

Fully-listed Egyptian Gold-miner Centamin (CEY) has had a torrid few months and the shares are looking battered and bruised. Tomorrow sees full-year results to December 2020 and my hopes are high for a turn of fortune for this ongoing tip of mine – but it is a nail-biting wait!

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Gold
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The View from the Montana Log-Cabin as Gold has a better week: have we finally seen off the correction?

Last week I sensed that we were near the bottom of the correction in the Gold price at $1700 per oz. This week I see that Gold has risen to $1728: things are looking up! So have we finally seen off the grinding correction which started last August?

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Gold
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Gold Shares – It’s been a tough few months, but I sense we are near the bottom

Back in August the Gold price peaked at $2063 and it has been more-or-less downhill ever since. On Friday the Gold price closed at $1700 – a 17.6% drop in around seven months. So is the Gold bull story all over? My answer is definitely no. But as a Gold Bull, I would say that, wouldn’t I!

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Gold
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Gold – Jordan Roy-Byrne calls the bottom again and three stocks to be buying now

I noted a few weeks ago that ShareProphets’ favourite technical analyst,  Jordan Roy-Byre of TheDailyGold.com, has called the end of the Gold correction which started last August. It was a very rare error. Now, noting that making declarative statements does not necessarily add value for the reader, he has called the bottom for gold miners and juniors. I hope he is bang on the money this time!

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Top-10

Notes from Underground - Most read articles for the week ending 23 January 2020

The most read non-Tom article this week is Ariana Resources – FY gold production numbers & “exciting” copper-gold potential… by Nigel Somerville at number three, or  number eleven including Bearcasts and Tom’s new shareshow. Which one is the best of the week? Tell me in the comments.

CEY
CEY

Centamin – Q4 in-line and outlook reiterated: Buy

This has not been a very good share tip so far. But things are getting better for the company and the share price and they will get better still. It takes a while to restore both output and even longer to regain investor confidence. A Q4 2020 Report from Centamin (CEY) emphasises that 2020 results will be in-line with October guidance and reiterates the 2021 outlook . This has helped the shares higher but there is more to come. On what has not been a great tip so far we suggest averaging down.

Gold
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Gold: The View from the Montana Log-Cabin as Bull (Jordan Roy-Byrne) takes on Bull (Ross Norman)

The Gold price is, in my view, going to move sharply up from here. That is of course not news – I have held that view since long before the Covid crisis and the reasons for holding that view have not changed. But whilst the Covid-crisis has strengthened my views, Gold is at present not really playing ball. That will change, but for now it is simply a matter of sitting patiently.

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CEY
CEY
PREMIUM CONTENT

Centamin – Q4 2020 Report Reassures: BUY.

Fully-listed Egyptian Gold producer Centamin (CEY) has reassured the market this morning with its fourth quarter report for 2020. The company has certainly had a torrid time of it since the announcement that ground movement had been detected in a waste dump which led to the suspension of open-pit mining at the West Wall. But this morning the company announced that it had reached revised target production for the year.

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Gold
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Amid all the nonsense and my anger at lockdown insanity, things are turning the way of we gold bugs

I am almost speechless with rage at Bonkers Boris’ latest lockdown. There is a huge debate to be had, with professors, (academic) doctors, journalists and others all with an alternative view to the one peddled by Bonkers. But they will not be heard, are junked and now TalkRadio has been removed from Youtube in an outrageous act of censorship and denial of free speech. There ARE hard questions which need to be answered. George Orwell wrote 1984 as a warning, not a blueprint. But amid all this, and all the uncertainty caused by yet another lockdown (if at first you don’t succeed, defy logic and try again) something is definitely turning my way..

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Gold
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My Montana Log-Cabin Call for 2021 – Call me a gold bore, but……

There are, once again, bubbles everywhere. US markets are at all-time highs and Japan is at a thirty-year high, according to David Scott. Government bonds (as opposed to their yields) aren’t far off all-time highs and – importantly – the returns are minimal if not negative. Traditionally, that would be a warning sign that all is not well – normally when one is high the other is low. But these are no normal times.

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CEY
CEY
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2020 Tip Review: Centamin (as a BUY)

My second tip for 2020 last year in the ShareProphets Christmas tipfest was fully-listed Egyptian Gold-producer Centamin (CEY) at 117p. It has been a great time to be investing in Gold but it has not been an easy time for investing in Centamin and ground movement difficulties emerged which affected production and continue to do so. So has this tip been a failure?

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CEY
CEY
PREMIUM CONTENT

Centamin – Top Brass Buying, You Should Too

Fully-listed Egyptian Gold-producer Centamin (CEY) has released RNSs showing that its top brass have been dipping into their own pockets to buy its shares in the wake of last week’s updated mine plan. As discussed HERE and HERE there is plenty to suggest that the offering of a very attractive dividend has much to commend the shares and now Chairman James Rutherford and CEO Martin Horgan have shown the way.

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CEY
CEY
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Centamin – some near-term disappointment, but a still attractive dividend as it moves to ‘unlock potential’ - BUY

Centamin (CEY) has updated on actions it is taking to ‘unlock its potential’…this has been a poor share tip from us but this is the cue to average down and buy

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Top-10

Notes from Underground - Most read articles for the week ending 5 December 2020

The most read non-Tom article this week is Centamin – Life of Asset review: can we now plan ahead? by Nigel Somerville (for an unheard-of eighth week in a row) at a terrific number two or at number six, including Bearcasts and Tom’s new shareshow.

CEY
CEY
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Centamin – shares respond to operations update reflecting some disappointment, But...

Centamin (CEY) has updated on actions it is taking to ‘unlock its potential’ – including expanding and extending an existing drilling contract and commencing a waste contract. However, more pertinently here is the outlook on production…

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CEY
CEY
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Centamin – Life of Asset review: can we now plan ahead?

Fully listed Egyptian gold-miner Centamin (CEY) has released the promised life of asset review this morning. In the wake of ground movement troubles, this an important step in regaining investor trust. The good news is that the shares did not fall precipitously…..

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GPM
GPM
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Hard Decisions as the Golden Prospect deadline approaches

I have been chewing over what to do about my little stash of subscription shares for fully listed Golden Prospect (full shares: GPM, subs: GPSS) as the deadline for coughing up the subscription price is almost upon us. There are hard decisions to be made….

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CEY
CEY
PREMIUM CONTENT

Centamin – Do Ya Feel Lucky, Punk?

I have said before that I think the sell-off in fully listed Centamin (CEY) following its ground movement troubles is way overdone, and marked the stock as a buy. But with the shares heavily down again – this time not on news from the company, but on Pfizer’s news on its Covid vaccine – you can now pile in for just 113p a pop. With another update from the company due in just three weeks, do you feel lucky, punk?…

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Gold
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The View from the Montana Log-Cabin, What gold shares to BUY and what I am holding now

As I pile up my cans of beans and bury a bit more gold in the woods behind my log-cabin, I look at the outside world with dismay. Europe and the UK is locked down again – the UK seemingly on outdated flimsy evidence – and the central banks are once again printing money without regard to history. So much for a V-shaped recovery, we are headed for a double-dip recession or worse.

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CEY
CEY
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Centamin – near-term production outlook disappointment, but the long-term promise remains...

Gold miner in Egypt Centamin (CEY) has updated emphasising “the third quarter marked another solid performance”, yet the shares have dropped back to 131.3p. The reason is a reduction in guidance for 2021 but the market has over-reacted…

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Top-10

Notes from Underground - Most read articles for the week ending 24 October 2020

The most read non-Tom article this week is Centamin – Q3 Report and Updated Outlook: BUY – the market has overreacted (again) by Nigel Somerville (for the second week in a row) at a wonderful number one or at number five, including Bearcasts and Tom’s new shareshow. Which one is the best of the week? Tell me in the comments.

CEY
CEY

Centamin – more production outlook disappointment, but market over-reacts: BUY

Gold miner in Egypt Centamin (CEY) has updated we investors emphasising “the third quarter marked another solid performance”, yet the shares have dropped back to 131.3p., That is because of what it says about 2021 but the market has over-reacted.

CEY
CEY

How to Tell a Dead Cat Bounce from a Justified Rally, Featuring Centamin.

Hello, Share Smoochers. As it’s the non-trading weekend, let’s take time to consider the dead cat bounce. Just because it can be temporary, doesn’t mean we can’t trade it successfully. On the other hand, we need to be tuned to the difference between a short-term feline leap and a more permanent rally following an unfair sell-off. A few days ago, such an event befell Centamin (CEY), the well-known Egyptian gold miner.

Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: Should I put 80% of my portfolio into Centamin? Er.... No

I have done a rather good new podcast on the US election which annoyed champagne socialist Darren Atwater greatly which tells you how good it is. You can access it HERE. In today’s bearcast, I look at Centamin (CEY) and Kefi Copper & Gold (KEFI) as well as at almost insolvent con Supply@ME Capital (SYME).

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Bearcast
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Tom Winnifrith Bearcast: Should Dad's funeral be in the White Bear and is Network International a stonking short?

I ponder this grave question after considering the illogical hateful restrictions we face in Shipston next week. In another podcast, I raise the possibility that Donald Trump might win on November 3 because of factors the deadwood press and BBC opt to ignore. All is explained HERE. Then I discuss three sets of builders here at the Welsh Hovel who must be starting to dislike me. Then it is onto Centamin (CEY), Bidstack (BIDS) and Network International (NETW) – a £1.5 billion short?

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CEY
CEY
PREMIUM CONTENT

Centamin – Q3 Report and Updated Outlook: BUY – the market has overreacted (again).

Fully-listed Egyptian gold-miner Centamin has updated the market this morning with its Q3 report and revised outlook in view of the ground movement detected at the Stage 4 West Wall as previously advised. The market has not taken today’s news well, with the shares down by another 20% to 130p (last seen) but I suggest readers take a slightly longer term view and regard this morning’s drop as another over-reaction to a temporary problem. In short, whilst this morning’s news is disappointing in the short term, the market’s reaction has thrown up a buying opportunity.

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Crash
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(Non-) Dividend Munchers – October Update

Don’t laugh – here is an update on my Dividend Munchers which are..…er…..not paying much in the way of dividends. Oh, and the share prices have fallen back sharply too – so much for beating the bank with my investments in Vodafone (VOD), BT (BT.A), Centrica (CNA), Centamin (CEY) and ITV (ITV)…

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: Olaf imprisoned by Covid deranged Queens & my gold stocks reviewed

Queens Colleage Oxford has enccouraged students to snitch on their peers and my daughter, now under house arrest, has fallen victim. What a mad and dark world we live in. After discussing this I look at all the mining stocks I own and one I sold, reviewing where we are now and where the real excitement lies at: Kefi (KEFI), Bluebird Merchant Ventures (BMV), Centamin (CEY), AEX Gold (AEXG), Ariana (AAU), Asiamet (ARS), Jubilee Metals (JLP), Pensana (PRE) and Red Rock Resources (RRR).

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Gold
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Gold: correction rumbles on and roundup from a relaxed Montana Log-Cabin

The correction in Gold and gold stocks continues and I am waiting patiently, relaxed as I am with my feet up as I sit on the veranda of my Montana log-cabin. It seems that the US election is taking centre-stage: I am not sure why, as both sides are promising the long-awaited fiscal stimulus, although Biden appears to offer more. But the outcome (or lack of one) will not make Covid-19 go away. The economic damage will therefore continue.

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CEY
CEY
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Centamin – a Gold buy...

We recommended shares in Centamin (CEY) amidst market panic in March and they rose faster than even we expected, seeing us take a more than 60%, little more than 1 month, profit. They went on to above 230p, but are currently 160p to buy following a “Sukari Operational Update”. We believe there to have been a big over-reaction to that update and so…

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CEY
CEY
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Centamin – a trading buy for quick recovery?...

Shares in gold miner in Egypt Centamin (CEY) are down sharply on what is bad news. But the market has over-reacted in a big way and since we also expect gold to head higher in the run up to Christmas, this looks a great trading buy…

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Gold
PREMIUM CONTENT

Gold – should I be fretting about the short term or just “ignoring the noise”?

My pieces on Centamin (CEY) and gold over the past few days have picked up some interesting comment. Jimbo55 is worried and has been cleverly risk-managing his gold exposure. On the other hand, Putneywill seems to agree that the long term move for gold is up and TheBadger reckons that the increasing supply of US dollars in circulation suggests that gold is only heading in one direction. Meanwhile, Jordan Roy-Byrne of TheDailyGold.com  simply says “ignore the noise”

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Gold
PREMIUM CONTENT

View from the Montana Log-Cabin as Gold continues to correct...

One day gold is up, the next it is down – but the overall picture is one of not going anywhere. Gold was threatening to start to rebuild a head of steam and then Donald Trump announced that fiscal stimulus talks were to be suspended until after the US elections….and gold retreated again. I’m not sure why – both sides are promising to load the country up with more debt and a new package is a certainty once the election is over…

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CEY
CEY

Centamin: Chairman buys shares – follow the man!

I commented last week that I saw the sell-off in fully-listed Centamin (CEY) shares as a buying opportunity. The drop was due to an announcement from Centamin that movement had been detected and that consequently higher-grade open pit mining had been suspended at the Stage 4 West Wall at Sukari, and Q4 production is expected to come in at just 70,000 oz gold. This morning it was announced that Chairman James Rutherford has been buying shares.

Top-10

Notes from Underground - Most read articles for the week ending 3 October 2020

The most read non-Tom article this week, Centamin – Movement in Stage 4 West wall leads to suspension of open pit operations there: Buying Opportunity by Nigel Somerville, is at a terrific number two or at number four, including Bearcasts and Tom’s new shareshow. Which one is the best of the week? Tell me in the comments.

CEY
CEY
PREMIUM CONTENT

Centamin – Movement in Stage 4 West wall leads to suspension of open pit operations there: Buying Opportunity

Oh dear – this is not what the doctor ordered at all. Fully-listed Centamin (CEY) has announced the suspension of open pit operations at the Stage 4 West Wall of its Sukari gold mine. This follows the detection of movement in a localised area of waste material and production for Q4 will be heavily reduced to around 70,000 oz. But is it the disaster it first appears?

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GGP
GGP
PREMIUM CONTENT

A Grade share ramping from Big Dave Lenigas – the great man takes to facebook to discuss Greatland Gold

When is an exploration company worth £1 billion? Very rarely. When does its market cap reach £1 billion with almost no, or no, institutional support?  The answer is when you are in a bull market and the stock is being ramped by folks saying it could treble again.  Ask yourself whether you would rather own 40% of Centamin (CEY) which has cash, is producing vast amounts of gold and whose directors are not big sellers of stock or 100% of an exploration play with heavy boardroom selling like Greatland (GGP). Exactly…my thoughts too which is why I own Centamin. But Big David Lenigas owns Greatland and so writes on facebook:

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Gold
PREMIUM CONTENT

Gold – How are my shares at the Montana Log-Cabin doing?

In between snoozes with my feet up on the balcony at the Montana log-cabin, I commented yesterday that things were looking up even though a correction in gold and gold stocks is playing out. The numbers contain some surprises even for me….

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GPM
GPM
PREMIUM CONTENT

The View from, over my gold pile, at the Montana Log-Cabin……Yawn!

If you are invested in big players on the Nasdaq or the Dow Jones it has been an interesting week so far. I say “interesting”, but it is in the Chinese sense – others might view it as worrying. One minute they are crashing, the next they are up sharply. The fear has to be that we could be about to head sharply south but there are enough buy-the-dips investors still around….for now. Gold, on the other hand, is caught in a range of around $1900 to just under $2000 per ounce.

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Gold
PREMIUM CONTENT

The View from the Montana Log-Cabin as the Nasdaq sells off, Gold holds its own and I welcome convert Jeremy Warner of the Daily Telegraph

Phew – that was quite a week! Having posted yet another all-time high on Wednesday, the Nasdaq went into a mini-meltdown and dragged the DOW and the S&P with it, albeit to a much lesser extent. Even Bitcoin felt the wobbles as it closed the week at a shade over $10,000 having notched up almost $12,000 during the week. But as I sit here on the veranda of my log-cabin gazing out into the woods (where my secret stash of Gold is buried) it was a week of relative peace: it went up to just shy of $2,000 per oz and closed the week at $1935. Crisis? What crisis?

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CEY
CEY

Centamin – fingers on buzzers as Gold correction continues

Annoyingly, Jordan Roy-Byrne of TheDailyGold.com seems to be right yet again! I had wondered whether the worst of the correction in Gold and gold stocks was over, Roy Byrne reckoned no and Gold headed south. But the general direction of travel is up, so corrections will throw up opportunities and I think one is coming with fully-listed Centamin (CEY).

How are Four of My Recent Tips Faring - and is there Room for More Progress?

Hello. Share Swingers. As it’s another boring bank holiday with closed markets, allow me to review a few of the shares in my bag. These have been commended to you over the last couple of months or so. During that time the Footsie and most other shares have hardly moved at all. Ok, the Covid plays have been up and down like a pogo stick, but the average performance is only standing still.

Gold
PREMIUM CONTENT

Gold Wobbles but the Montana Log-Cabin stands firm

Jordan Roy-Byrne warns that judging by past events gold is likely to be a bit wobbly in the wake of the correction over the last few days. Thus we have seen gold fall from a high of $2067 to a low point of $1885-ish, a recovery back over $2000 and now we are wobbling around $1990 per ounce. But in the greater scheme of things, given that we have risen from around $1560 per ounce this year, these wobbles don’t add up to much. My Montana log-cabin stands firm.

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Gold
PREMIUM CONTENT

View from the Montana Log Cabin – Am I worried about gold and gold shares ? No, time to get the buying boots out!

And so the correction in gold and gold equities is in full swing. Jordan Roy-Byrne of TheDailyGold.com was right (yet again) all along. Should I sell anything or just sit it out on my veranda overlooking the woods where my secret stash of the yellow metal is buried, with my feet up?…

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: I will be spending a lot of time with the FCA it seems

I start with a few other comments on Greek Hovel matters. Then I move on to talk about three companies which I shall be or are discussing with the FCA: Zenith (ZEN), Eqtec (DOG), and Verditek (VDTK). Then onto NatWest Group (NWG) where I apologise for my bad language. Finally my thoughts on the gold price and comments on gold stocks I own: Centamin (CEY), Ariana (AAU), Kefi (KEFI), Bluebird Merchant (BMV), and Xtract (XTR).

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Bear
PREMIUM CONTENT

Dividend Munchers portfolio – how is the car-crash?

I haven’t written about my little portfolio of dividend muncher stocks for quite some time – 117 days to be precise. At the last count, on 13 April – in the wake of the Covid-crash – my supposedly big dividend payers which were supposed to beat the bank were underwater on a total return basis, including some top-slices, by 9%. So much for beating the bank! So how are things looking now?

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Clown

Notes from Underground - Most read articles for the week ending 8 August 2020

The most read non-Tom article this week is Centamin – cracking Interims & a dividend hike to pay for the Ouzo by Nigel Somerville is at a decent number ten or number 18 including Bearcasts and Tom’s new shareshow. TW Note it is not. Look at No 1!

Gold

The View from the Montana Log-Cabin: (very) Simple Philosophy, Economics, Gold and Benjamin Graham

The gold price is overdue a correction but keeps on going up. Gold shares are also overdue a correction and keep trying to slide – only to be pulled northwards again as the gold (and silver) price heads north. Do I care? Not really, because in a year’s time they will all be substantially higher. But there are some points worth making as I chew the situation over whilst relaxing on the veranda of my log cabin looking out over the woods.

CEY
CEY
PREMIUM CONTENT

How do I value Centamin, asks Pierotlunaire. Good question – and what to do at 250p

One of the joys of writing for this very fine website is the intelligence of the readership. And that brings me to Pierotlunaire (who I’m sure won’t mind having his tummy tickled!) who asks, in relation to Egyptian gold miner Centamin (CEY) which offered up storming interims on Tuesday: What’s the fundamental basis for your 250p target? Apart from Jefferies at 240p, most brokers come up with less than 200p (although they may update following these results). There’s no point following a tip based on figures plucked from the air, even if the tip is as successful as my tip on Centamin! So it is a very good question.

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: Metro did not throw the kitchen sink at anything!

I end with a view from my office photo just to annoy Graham Neary. I also comment on the latest bonkers ideas from Boris about how to cripple the economy. Those are relevant as I discuss the assumptions made by Metro Bank (MTRO) and its Godawful results. Who is it trying to kid? It has certainly not thrown in the kitchen sink in terms of provisioning. There is far worse to come when the banking crisis really gets going. I discuss gold and ask those with a knowledge of cocaine to help Lucian out with a new valuation metric. I look at Centamin (CEY) and am not persuaded there is a new normal to justify a sub 4% prospective yield.

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: My anger at R4E, my sympathy for Graham Neary & my question about Centamin

I do not wish to fall out with Nigel Wray and I do not really blame him for the Reach4Entertainment (R4E) news today but I explain my anger. Then I explain my sympathy for Graham Neary. Next up, results from Centamin (CEY) are great for we loyal shareholders but I ask what is the appropriate yield? Then onto Xtract Resources (XTR) and a phone call from Colin Bird. Treat the “Ford dip” as an opportunity!

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CEY
CEY
PREMIUM CONTENT

Centamin – cracking Interims & a dividend hike to pay for the Ouzo

Fully-listed Egyptian gold-miner Centamin (CEY) has released its half-year results to the end of June this morning and they look great. And the interim dividend has been hiked by 50% to 6 US cents per share (as predicted in these parts), with the cheque arriving on 11 September a couple of weeks earlier than last year. Yum-yum…

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Bear
PREMIUM CONTENT

Beware the Discount to NAV – Hammerson, Cineworld & Amigo

I can understand why investors are unwilling to sell, or short, companies which trade at a significant discount to NAV, some even being tempted to average down, or in the case of new, would be value seekers, to pile in. Particularly with indebted companies this is a dangerous game and more often than not, the bigger the discount, the bigger is the danger…

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Gold
PREMIUM CONTENT

Gold rocked by turbulence – views from the peaceful tranquillity of the Montana Log-Cabin & a new minnow to BUY?

Gold and silver have been a marvellous upward ride recently and are surely due a correction. The yellow stuff is already in to new territory above $1900 per ounce and Silver has doubled and then some since the low point mid-March. The technical analysts are saying correction – including ShareProphets’ fave Jordan Roy-Byrne of TheDailyGold.com yet so far although there have been bumps from turbulence the high-flying jet of precious metals is still flying high.

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CEY
CEY
PREMIUM CONTENT

Centamin – Tip Update as shares move above £2

Shares in fully-listed Egyptian gold miner Centamin (CEY) have broken through the £2 mark to sit at 210.5p last seen. With the gold price now having taken out the all-time high of $1921 per ounce set back in 2011 and up at $1941 as I write, it seems that my predicted turbulence as the gold price tackled the all-time mark has been in the form of an updraft so far.

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Gold
PREMIUM CONTENT

News from the Montana Log-Cabin as Gold posts a record high

We are not quite at the all-time high, but Gold posted an all-time high last night in terms of its weekly close, is US dollar terms. We have moved a long way very fast: just 17 days ago the yellow metal cracked $1800 and only in March the price dipped below $1500. Year on year the price is up by around a third. I noted the other day the danger of a bit of a pull-back, but it hasn’t quite happened yet.

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Gold
PREMIUM CONTENT

Gold and Silver heading high – word from the Hermit’s log-cabin in Montana

Gold has been heading steadily higher towards its all-time high (in US dollar term) of $1920 per oz way back in September 2011. Last seen it was sitting at $1880 – within spitting distance of the all-time mark. Meanwhile its little brother, Silver, has been shooting the lights out, having broken through a six-year ceiling at $20 an ounce and has raced higher to $22.66. So is it time to sell yet?

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CEY
CEY
PREMIUM CONTENT

Centamin – Q2 Report: shares are well up on this tip but still a buy.

Fully-listed Egyptian gold miner Centamin (CEY) has produced its Q2 report this morning and the numbers read well – the only thing missing was a hint as to the size of the forthcoming interim dividend. But despite the Covid crisis, Centamin is awash with cash and everything seems to be proceeding in line with expectations.

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CEY
CEY
PREMIUM CONTENT

Centamin – Eyes down for Q2 numbers tomorrow: what might we expect?

Tomorrow is a big day for investors in fully-listed Centamin (CEY) as it is due to produce its second quarter report, with Interims to follow three weeks later. Centamin is one of my gold tips, so naturally I anticipate the numbers with particular interest.

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Gold
PREMIUM CONTENT

Gold knocking at the door of $1800, on the cusp of a big move?

As I write, gold is battling towards $1800 again. We are not there yet, but there are signs for optimism that the mini-correction in gold and gold stocks is coming to an end. When I use the term “correction” please do bear in mind that it can be a correction in price or just time. So what are the signs giving me optimism?

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CEY
CEY
PREMIUM CONTENT

The 10 Gold stocks today given the Kiss of Death by Wirecard cheerleader Stockopedia

Just two days before Wirecard, Germany’s biggest fraud since Hitler, was unmasked, it became the latest in a line of frauds to get a glowing endorsement from Ed Croft’s stock picking system at Stockopedia. And thus, the CEO’s of ten gold stocks should be warned that they too have been granted the sweet kiss of death that is a Stockopedia endorsement. Gulp…  I own one of them.

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AAU
AAU
PREMIUM CONTENT

Gold ends Q2 on a high, Centamin, Ariana and a breakout?

The close-out of the quarter to June saw Gold post a high point going back almost eight years at around $1780. Futures troubles the $1800 mark and gold stocks have had a decent run over the past few days. So is this the big breakout we have all been waiting for?

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Gold
PREMIUM CONTENT

Gold – was that the correction, in double-quick time?

I noted last week that whilst most precious metals experts were saying this was the time to buy gold Jordan Roy-Byrne of TheDailyGold.com was suggesting a correction may be on the cards. Well, gold did indeed slip – as did the gold miner ETFs (so full marks to JRB) and then on Friday it all bounced back again. Was that it?

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Top-10

Notes from Underground - Most read articles for the week ending 30 May 2020

The most read non-Tom article this week is Gold – a correction? What to do with Centamin and Ariana? by Nigel Somerville at a sensational first place or  number four including Bearcasts and Tom's new shareshow.

Gold
PREMIUM CONTENT

Gold – a correction? What to do with Centamin and Ariana?

Amid all the bullish calls for Gold, Jordan Roy-Byrne of TheDailyGold.com is suggesting a correction could have started last week. Of course, he has no crystal ball as he is the first to admit, but historical resistance has been hit by the gold price, by the gold-producer majors (as per the GDX ETF) and the gold “juniors” as per the GDXJ ETF – which is a basket of not-so-junior stocks. So what to do?

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Beggar
PREMIUM CONTENT

Last pension investment for a while – Malcolm Stacey please look away

Malcolm will not approve of this as he regards it as unethical. But I am getting older and, to date, Centamin (CEY) and San Leon (SLE) are the only dividend paying stocks in my pension. And that has to change

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Gold
PREMIUM CONTENT

Gold: Some takeaways from the ShareProphets Shares Conference and my thoughts on Ariana

Yesterday’s online extravaganza at our one-off ShareProphets Shares Conference was sensational - all the videos are now up for a la carte selection if you are yet to view. Just for a start, the technical side was pretty ground-breaking and there were some who thought that technical matters would get in the way, but Darren did a fantastic job (although I don’t think we’ll be seeing him today as he recovers from the marathon). And then there was Tom Winnifrith on a marathon serial interview session – sixty hours of it! Stunning. Absolutely stunning. And the content was exceptional – whether or not you agreed with what was being said, it was presented logically, tested incisively by Tom and there was much to make me sit up and think. And that brings me to the yellow metal.

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Gold
PREMIUM CONTENT

Gold riding the crest of a wave – and there’s plenty more to come, as Hargreaves Lansdown misses another trick

I see that our favourite technical analyst, Jordan Roy-Byrne of TheDailyGold.com is getting ever more bullish. Although he is a gold-bull, he is often rather dour in his opinions shorter term but it seems that the flood-gates have opened – not just with reference to his charts but with reference to anything to do with gold. More importantly, it seems that the big institutional money has finally started to arrive. Bank of America has slapped at $3000 target on the price of an ounce of gold over the coming eighteen months, well up on its previous forecast of $2000.

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CEY
CEY
PREMIUM CONTENT

Centamin – Quarterly report and dividend update: one for Tom’s SIPP windfall?

For the benefit of Tom Winnifrith, who is considering fully listed Egyptian gold miner Centamin (CEY) as a possible investment for his SIPP windfall, the company offered an update on its quarterly performance to 31 March, the forthcoming dividend of 6 US cents and the effects of the Covid-19 virus so far……and the news was good.

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: so where should I invest my SIPP Windfall?

It looks like the cash that I did not realise until a few months ago I had, will finally arrive in my SIPP this week. so where will I invest it? I discuss my outlook for equities in general, what I shall avoid and then Optibiotix (OPTI). R4E (R4E), Imperial Brands (IMB), Centamin (CEY), Tesco (TSCO), BP (BP.), Shell (RDSB), Wishbone Gold (WSBN) Red Rock (RRR) and Fox Marble (FOX).

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Bear
PREMIUM CONTENT

Dividend Munchers – crash, Gold, Mark Slater and when the facts change

It is a big question: where can you make money now? More to the point, with economic uncertainty the order of the day, perhaps not making money but just preserving capital as best you can should be the focus. Are shares going to go up? In general, I doubt it – at least for the time being. With interest rates at historic lows and therefore bond prices sky-high it is hard to see much progress there too. Perhaps we should all just move into cash? But central banks are printing, governments are borrowing so the threat of devaluing currencies makes that option unattractive too. What to do?

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Gold
PREMIUM CONTENT

A round-up of my Gold holdings. Maybe some useful suggestions….and a total bargepole!

As per my earlier piece, developments in the gold market have left me feeling very enthusiastic so I thought I would offer my thoughts on my various gold holdings, including AIM-listed Ariana (AAU) and Bluebird Merchant Ventures (BMV), fully-listed Centamin (CEY) and the BlackRock Gold & General and Junior Gold unit trusts – and a couple of other corners.

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Bear
PREMIUM CONTENT

Dividend Munchers - crunched!

It has been a grim few weeks for my little cohort of dividend munchers as the Coronavirus panic has spread. It is not just that the share prices have fallen very sharply: there have to questions over whether the big dividends will be scrapped, let alone chopped.

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Gold
PREMIUM CONTENT

How are my favourite two gold stocks doing?

My favourite two gold stocks are AIM-listed Ariana Resources (AAU) and fully-listed Centamin (CEY). Both operate in far flung fields – Turkey in the former’s case, and Egypt in the latter’s – and both are producing gold. Of course, Ariana is amongst the tiddliest tiddlers and Centamin hasn’t so far to travel before reaching consideration for the FTSE100 (I wish!) so there is the world of difference between the two. But Ariana has been a long-term tip for me, joined by Centamin this Christmas...

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Gold
PREMIUM CONTENT

Gold – ultimate safe haven hits new record & the stocks to buy now (now with charts!)

ShareProphets’ favourite technical analyst, Jordan Roy-Byrne of TheDailyGold.com, has been very bullish on Gold for a while. His short term view has been that gold is in a correction but that one should treat that as a great opportunity to get positioned for his long term view that a big rise is on the way. Well, it does start to look as though he is being vindicated.

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CEY
CEY
PREMIUM CONTENT

Centamin – Christmas tip update as the 150p initial target approaches and Panmure Gordon

Fully-listed Egyptian gold producer Centamin (CEY) was one of my tips of the year and my first target was 150p. With the shares now at 145.5p and with a rising gold price I thought it was time for an update.

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CEY
CEY
PREMIUM CONTENT

Centamin – Q4 2019 results, I'm targeting 150p+ for the shares...

Fully-listed Egyptian gold miner Centamin (CEY) has announced Q4 results, including confirmation of its intention to pay an increased full year dividend of 6 US cents per share to add to the 4 cents paid out at the half year. The numbers are, despite missing the target of scraping in line with the full year production target, quite impressive and bode well for the future...

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Gold
PREMIUM CONTENT

Gold – Jordan Roy-Byrne, a stockmarket correction and what I am up to

Jordan Roy-Byrne of TheDailyGold.com continues to be uber-bullish on gold and precious metals in general, even if he always seems to be a short-term bear. His latest thoughts can be found HERE and HERE and perhaps suggest that he was a little too bearish as gold corrected from last year’s race higher. But his market calls have been spot on since I started following his commentary and with a latest call that stockmarkets are in for a correction we should sit up and take notice. Unfortunatey, he does not see gold taking out the 2019 high any time soon, however.

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Bear
PREMIUM CONTENT

Dividend Munchers – still on top as Boris Bounce wanes

I had wondered how long the Boris Bounce would last in the wake of his general election triumph. Not long, it seems, as far as the markets are concerned: Christmas retail figures have shown that the UK economy is in the doldrums ahead of our much delayed exit from the EU and the speculation is that we will see Mark Carney deliver an interest rate cut at his last monetary policy meeting to return rates to the level they were at when he took office.

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CEY
CEY
PREMIUM CONTENT

Centamin – Endeavour deal off, ups dividend, shares down. BUY

Fully-listed Egyptian gold miner Centamin (CEY) - my tip of the year at 117p or so - has announced that the proposed possible offer from Canadian-listed Endeavour is off, after the two sides failed to reach agreement over valuation. Shares in Centamin are off by 8% on the news, to 117p, though we also now know that Centamin’s final dividend will be a tasty 6 US cents, above the previous stated target of at least 4 cents as I had suggested was on the cards. Added to the interim of 4 cents, that makes 10 cents – around 7.7p. At the current share price, that comes out at a yield of 6.58%...

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CEY
CEY
PREMIUM CONTENT

Centamin – 2019 production numbers missed; a sell? Er, no…..

Fully-listed Egyptian gold producer Centamin (CEY) has released its FY19 production numbers – showing that the company missed the lower end by around 10,000 oz gold. Whilst a bit of a disappointment, the shares are actually up on the news as 2020 production guidance is unchanged and whilst the company had hoped to scrape in with 490,000 ounces, after a difficult year it is not entirely surprising that it didn’t quite make it...

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CEY
CEY
PREMIUM CONTENT

Centamin – deadlock broken (for now) with Endeavour. Now will the potential offer be upped?

Better news emerged yesterday from Egyptian gold play, fully listed Centamin (CEY) with regard to its previously stalemated position with potential all-paper Canadian suitor Endeavour Mining. It seems that Endeavour has now furnished Centamin with the due diligence paperwork requested and in return Centamin has requested and got an extension to the PUSU (put up or shut up) deadline at the end of this month to give Endeavour until January 14 to decide whether to make an offer.

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Bear
PREMIUM CONTENT

Dividend Munchers – December update

So Boris romped home in the General Election and the markets had a Boris Bounce. But how has my little portfolio of Dividend Munchers done?

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CEY
CEY

Centamin updates on possible offer from Endeavour

Canadian-listed Endeavour Mining updated on progress with its proposed bride on Monday and now today fully-listed Centamin (CEY) has responded with a downbeat statement. But despite Centamin wriggling, it still looks as though things could progress.

CEY
CEY
PREMIUM CONTENT

Centamin – is it game on as talks with Endeavour get underway?

Having noted that fully-listed Egyptian gold miner Centamin (CEY) had rejected approaches from Canadian-listed Endeavour with regard to a proposed all-share tie-up on grounds of valuation, but that Centamin had not turned its nose up completely, this morning we learn that talks have finally got underway. Is it game on, then?

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CEY
CEY
PREMIUM CONTENT

Centamin – a buy from here? Yes!

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?

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CEY
CEY
PREMIUM CONTENT

Centamin – blow me down, a potential bid!

It’s not often that this happens to me, but my little holding in fully-listed Centamin (CEY), the Egyptian gold miner, shot upwards today as it has received a possible bid from Canadian-listed Endeavour Mining Corporation. The proposed all-share deal has thus far been rejected by Centamin but the stock has closed 14.8% higher at 128.8p which perhaps suggests the market can see something happening, if not with Endeavour then with some other possible suitor.

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Bear
PREMIUM CONTENT

Dividend Munchers – November update

It is forty-nine days since my last “monthly” update. Hmm – it seems that the calendar has run away without me. Nevertheless, here is my update as at the end of November so I guess I’m squeaking in a sort-of monthly update. My portfolio of dividend munchers – BT (BT.A), Vodafone (VOD), Centrica (CNA), Centamin (CEY) and ITV (ITV) has held up pretty well overall but please don’t treat the stocks as tips: the object was to beat bank interest because markets seem to me to be overvalued and bank interest and bonds offer so little income...

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BT
BT
PREMIUM CONTENT

Dividend Munchers – How’s my mini-portfolio doing?

With a stack of high-yielders which the market might suggest were due to chop their dividends (which is why, on paper, the dividend yield is high) and so far two payouts having come under the guillotine, it is with some trepidation that I thought it was time to take a look at my mini-portfolio of dividend munchers’ stocks. I offer no recommendations here but my mini-portfolio of Vodafone (VOD), BT (BT.A), Centrica (CNA), ITV (ITV) and recent addition Centamin (CEY) is supposed to be beating bank interest but most have been notable for share price slippage over the past few months. I’d better take a deep breath…….

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Gold

As Gold Rises It Makes Sense to Look at Promising Mines - Like this One

Hello Share Ticklers. Gold is on a long-awaited climb in value. We’ve not yet had three quarters of 2019 and the gold price has rocketed by a fifth. Before that, news was glum so the rise started from a relatively low base. It’s my belief, shared by a few others, that the race to buy gold has only just begun...

CEY
CEY
PREMIUM CONTENT

Centamin – 150p target hit so time to top-slice

It wasn’t a formal tip from me but having mentioned fully-listed Centamin (CEY) a good few times saying I had a target of 150p to top-slice, it seems only fair  that I flag up that the mark has been reached so a further handful of my shares are going into the shop window.

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Looking for a Gold Play as Most Shares Underperform? Consider this Glittering Giant

Hello, Share Pinchers. At last, the gold price is rising. Though that sometimes spells doom for our non-gold related shares, as the rush to buy yellow can be sparked by a doddering general stock market. But which gold-centred company to buy?

Gold
PREMIUM CONTENT

Gold – rushing ever higher but Jordan Roy-Byrne seems to be getting nervous in the very short term, and what I will do

ShareProphets favourite technical analyst Jordan Roy-Byrne has been a bit of a hero over the last few months, correctly calling the gold price higher and higher. But he seems to be getting a little nervous as the yellow metal continues its surge towards $1550 per ounce...

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CEY
CEY

Centamin – Full marks to Gary Newman as Interims impress and divi is raised

I commented that I had bought shares in fully-listed Egyptian gold miner Centamin (CEY) at around £1 with the proceeds of my part-sale  of AIM-listed Turkish goldie Ariana (AAU), partly thanks to Gary Newman who thought that the shares had overreacted to bad news. This morning Centamin reported its Interims…..

Newsboy
PREMIUM CONTENT

Dividend Munchers - a long overdue update as one elephant tries to gallop and a new addition

My mini dividend munchers portfolio is still ticking along, and an update is long overdue as we head into the summer holiday season - as I’ve not written about it for three months or so. The aim was to beat putting cash in the bank even though markets are feeling very toppy. After all, interest rates available are below the rate of official inflation figures and bonds yields are rubbish. So how am I doing?...

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Gold
PREMIUM CONTENT

Gold – Jordan Roy-Byrne very bullish and my portfolio (for amusement!)

The one technical analyst rated by ShareProphets, Jordan Roy-Byrne of thedailygold.com, is very bullish on Gold. That may not be a surprise – there aren’t many goldbugs who have been anything but right through the last few years of purgatory. But Roy-Byrne is different: he has been a miserable so-and-so until very recently. Now it seems that he is very excited about what is to come. More importantly, his calls seem to have been on the money.

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Gold

Gold – has Jordan Roy-Byrne finally turned bullish? I think he has!

There aren’t many chartists that one would pay close attention to, but Jordan Roy-Byrne is one to pay attention to. I have said before that whilst he is presented as a technical analyst, much of what he offers is more to do with a history lesson and he has an alarming rate of accuracy.

CEY
CEY

Is the Lure of Gold more Glittery for You as the Brexit Mess gets Messier?

Hello, Share Screechers. With so much uncertainty in the world and dire warnings about share prices, some given on this beautiful website, it might be worth considering other forms of investment. I’ve been tempted by buying works of art, but as I know nothing about the subject I decided against it. And that's despite some huge profits art investors have seen over the last few years.

Bear

Dividend Munchers – (almost) February update.

Once again I am late with my monthly update. I could say that I was holding on for good news (or hiding the bad), but I can’t lay claim to anything as clever as that: my little portfolio of high-yielders  has slipped again and there wasn’t any good news to wait for. However, there was a hint of a silver lining this week from ITV (ITV) as it released its results.

Newsboy

Notes from Underground - I am big, it's the pictures that got small

The top ten most-read stories this week, the most popular Bearcasts this week, plus a bonus chart: World Stock Markets: 1899 v 2019.

CEY
CEY
PREMIUM CONTENT

The market has vastly over-reacted to Centamin's results - it remains a long term buy for me

The market has been slaughtering even the larger companies over any sort of disappointing results recently, but for me that further strengthens the argument to buy shares in Centamin (CEY).

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: Sitting here thinking about the fraudster Rob Terry of Quindell infamy

I consider what Rob Terry is doing now as I contemplate the latest threat to Watchstone Group (WTG), Quindell (QPP) as was. I look back on a few other fraud busting successes but view them as fairly irrelevant. I am more proud of my work for Woodlarks and, in that vein, again urge you to sponsor Rogue Bloggers for Woodlarks HERE.  I consider DeepMatter (DMTR), Audioboom (BOOM), Centamin (CEY), Yourgene (YGEN), Big Sofa (BST), I3 Energy (I3E) and Kavango (KAV)

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CEY
CEY

Don't Be in De Nile About the Hedge Benefits of Gold. Look at Egyptian Miner Centamin

Hello, Share Jumpers. As the Footsie continues to gain ground with the growing prospect that there’ll be a Brexit soft landing, after all, you could be tempted to veer away from investing in gold. But I’m still minded to have at least a toehold in this hedge against recessions, both homegrown and worldwide...

CEY
CEY

Tell your Mummy. There's Still Gold in them tha' Egyptian Hills.

Hello, Share Twisters. Not that long ago I suggested you might buy gold. And in particular, shares in an Egyptian miner, Centamin (CEY). Its share price has risen by about 25% since then.  But I claim no credit for that, as there was little doubt that gold is becoming more desirable. 

CEY
CEY

Did the Three Wise Men's Gold Come from Egypt? Centamin Certainly Knows How to Find It

Hello, Share Punchers. With fears of Brexit continuing to cancel out the Santa Rally, our thoughts should turn more to that useful hedge against disaster - gold. Now short of buying a few gold bars, which I haven't entirely discounted, by the way, the best way to take advantage of gold is to pick up mining stock. There are a lot of small gold explorers and even producers that I will continue to avoid. But the larger ones might be worth looking into...

CEY
CEY
PREMIUM CONTENT

Keep buying any weakness in Centamin as the company is now back on track

Centamin (CEY) has had a bad run of form of late, but I believe that this is just a temporary blip in its fortunes and it presents a fantastic buying opportunity for the future.

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AAZ
AAZ

To Guard Against the Prospect of a Falling Footsie, Try this Gold and Silver Outfit

Hello Share Swiggers. If the market hits the rocks, as so many writers on this website and other top analysts predict, then one way of avoiding some pain is to have invested in gold. The most practical way of doing that is to buy shares in gold mining firms.

Tipsters sentiment mirrors mining sector performance in 2018

It’s been a tough few months for the mining sector in 2018, with the All Share Mining Index down over 10% since the beginning of the year and mining shares hitting a two-year low last week. Precious metal miners in particular have suffered a rough summer; the price of gold now sits at $1,196, down from $1304 on 1st January, while Holders of some of the larger companies in this sector – such as Fresnillo (FRES)Centamin (CEY) and Hochschild (HOC) – will have seen the losses of over 30%. It’s not all doom and gloom in the sector though: success stories can be found amongst the small-caps, with Gem Diamonds (+57% in 2018) and Atalaya Mining (+26.1%) heading the list of miners that have provided strong returns so far.

CEY
CEY

Centamin offers exposure to gold at a great price currently - buy

Centamin (CEY) has taken a big hit to its share price over the past week or so and has seen getting on for £400 million wiped off of the value of the company.

CEY
CEY

Go Tell Mummy. Egypt's Centamin Waits Only for the Gold Price to Reach a More Realistic Level

A load of people respected in the Big City, including our own Uncle Tom, believe that thinking ‘Gold’ is a jolly good mindset to have. After my current experience with Beaufort Securities, I am minded to buy a bar of gold and stick it under my bed. I could also buy the real thing from an agent and he or she will keep it for me.

Malcolm-Sax-Machine

REVIEWED: ShareProphets writers tips of the year for 2017

Ahead of 2018's selection to follow over the next week or so, how have 2017's tips fared to-date?...

BP
BP

Four Little Belters You May Want to Buy Before the Santa Rally

Hello Share Pals. The Footsie is creeping awfully near its all-time high and the Santa Rally is still to come yet. So I thought it might be a jolly wheeze to mention four more shares in my current bag which I have the highest hopes for. And here they are.

CEY
CEY

Walk like an Egyptian & Consider Grabbing A Glittering Interest in this Big Miner - Just in Case

Hello Share Peelers. Some of the smarter minds in the big city keep telling us that gold will explode in value sooner or later. And yet the price of the yellow stuff is not exactly exploding. Never mind, if only as a hedge against shares in all other sectors, it makes sense to maintain an interest in gold.

CEY
CEY

Egyptian Miner Centamin's Shares Have Not Mummified and May Come Alive Now

Hello Share Scuffers. As the world wobbles around on top of a gyrating beachball of economic uncertainty, mostly caused by a roller-coasting oil price, gold seems as good a bet as any. Currencies are nearly all under threat, it seems to me, which leaves gold in a great position. But apart from buying gold bars, which is inconvenient, we must consider investing in gold miners.

Newsboy

Notes From Underground: Happy New Year

As today is New Year's Day, there is nothing to do but reflect on our activities of the past year and anticipate the adventures of the next. Starting Tuesday, we'll be back full time, although we have a few surprises planned for Monday, Quixotically jousting the windmills of AIM but for today, Happy New Year to you and your familes. 

CEY
CEY

ShareProphets Share Tips of the year 2017: No 15 Buy Centamin says Malcolm Stacey

Hello Share Hopers. Gold prices are not as high as they might be, given the shakiness of the major currencies over this year. These currencies may be come even more unstable in 2017 - the dollar, euro and pound.

CEY
CEY

Is it time to think about banking a healthy profit on Centamin?

Centamin (CEY) has proved a great example that it is possible to buy shares based on them being fundamentally too cheap, and then hold until the company recovers and you can reap the rewards.

CEY
CEY

Why Investing in Centamin's Gold Shouldn't Cost Your Last Cent

Hello Share Chunterers. Gold is flavour of the month, if not the next few years. So let’s take another peek at Centamin (CEY) the Egyptian gold producer. Now this poor country has got it in the neck again this week with an aeroplane destined for that country tragically falling out of the sky*. 

RRS
RRS

Randgold Brings Riches Out of Africa. Worth a Tickle, if You Agree the Gold Rush Is Growing.

Hello Share Squeezers. Many writers on this stunning website continue to support gold. This is not surprising as nearly all my fellow writers are very bearish on stocks at the mo, even more growly than normal.You could spread bet the price of gold. Or you can buy one of the miners.

South of the Border, Down Mexico Way Is a Share I Like - Given the Gold Rush.

Hello Share Shakers. I don’t need tell you that at last gold is in happy vogue again. This comes despite all the negative comments on this beautiful website over the last 12 months when lots of critics attacked the premise that gold prices would go up. Well, blow me down, as confidence in currencies and world economies diminishes, the price of the yellow stuff has risen nicely.

NYO
NYO

Nyota Minerals - Useless overpaid pig CEO Richard Chase ignores another EGM request: an Open Letter to the swine

Finally, yesterday afternoon, the swine that has earned almost £600,000 running Nyota Minerals (NYO) into the ground - Mr Richard Chase - fessed up that he had received another EGM request asking for his head on a plate. We told you about this some days ago but sod AIM Rules abut timely disclosure, Chase fessed up only at the last minute. Will the mother listen to the owners of the company, long suffering shareholders?

RRS
RRS

If Shares Continue Their Tarnished Path, You Might Take a Shine to this Glittering Company.

Hello Share Polishers. They tell me that all the gold in the world is only enough to cover a football pitch. Though nobody informed how deep the deposit should be. TW Note: It is actually "fill an Olympic sized swimming pool."

SPL
SPL

So All Our Shares Are Falling - So What?

Hello Share Trundlers. Having just seen the new film ‘Dad’s Army’, I keep recalling the desperate question ‘Permission to panic. Captain?’ In the case of your share portfolio, I would say ’No’.

CEY
CEY

Centamin, the Egyptian Gold Miner Seems A Pharaoh Enough Investment to Me.

Hello Share Smoochers. I got so fed up with Centamin (CEY) the big Egyptian gold miner losing share value on a daily basis that I stopped checking its share price nearly a year ago. My shares just festered away with my most little-used broker. I half-heartedly hoped for a Shrodinger Cat-type recovery if I did not look regularly at the price. 

BCN
BCN

SP Angel Morning Mining note: Centamin, Bacanora and Berkeley Energia

John Meyer of SP Angel this morning comments on Centamin (CEY) and Berkeley Energia (BKY) as well as offering a detailed macro view on the news that is shaping global mining and the AIM mining pond and a few notes on lithium and Bacanora (BCN) related news.

CEY
CEY

SP Angel Morning Mining Note: Anglo Asian Mining, Centamin, Gem Diamonds, Minera IRL and Stratex

John Meyer of SP Angel this morning comments on Anglo Asian Mining (AAZ), Centamin (CEY), Gem Diamonds (GEMD), Minera IRL (MIRL) and Stratex (STI) as well as offering a detailed macro view on the news that is shaping global mining and the AIM mining pond. 

ALO
ALO

Alecto doubles potential gold resource estimate - speculative buy

Africa-focused AIM dog Alecto Minerals (ALO) says new estimates of resources at its Kerboule gold project in Burkina Faso could add 230,758 oz. to the company’s existing inferred resource estimate of 247,000 oz. at Kossanto in East Mali for a combined low-grade resource of 477,748 oz. The new estimates, by independent consultant Wardell Armstrong, but not yet fully compliant with the formal Joint Ore Reserve Committee (JORC) industry code, suggest Kerboule’s gold occurs at 1.16 grammes of gold per tonne of ore, compared with Kossanto’s 1.14 grammes a tonne. However Alecto notes that Kerboule’s mineralisation starts at the surface, with 70% inside the relatively accessible oxide and transitional layers.    

SP Angel Morning Mining Note: Centamin, Minera IRL and Vast Resources

John Meyer of SP Angel this morning comments on Centamin (CEY), Minera IRL (MIRL) and Vast Resources (VAST) as well as offering a detailed macro view on the news that is shaping global mining and the AIM mining pond. 

Zak Mir's Great Request Show 2: Blinkx, Centamin, Iofina

If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at shares in Blinkx (BLNX), Centamin (CEY), Iofina (IOF) and setting share price targets for all three stocks

ALO
ALO

Alecto Minerals in expansion quest

Africa-focused AIM dog Alecto Minerals (ALO) is understood to have a new acquisition on the continent ‘in the pipeline’ following its agreements to pool resources in Mali with Canadian outfit Desert Gold Ventures and to sell its Ethiopian interests to local concern Wame Mineral Development. Alecto, which is receiving a nominal £1 each from Wame for Nubian Gold Exploration and Rift Valley Resources plus potential eventual royalties of up to $1 million (£667,500) each should they establish formal gold resources, hopes the takeover it has in mind will provide a route to near-term production, which might come as a relief to investors, who have seen the shares fall 93% since the company was floated on AIM at 2p nine years ago to 0.13p today.

Tom

Work Related Trips I’d like to do: Kosovo, Spain – any other ideas?

It I all very well sitting in my garage in Bristol or in the Greek Hovel writing about companies but it would be fascinating to actually go visit a few of them on the ground with a video camera in hand to report from the coalface. Right now that is not an option for personal reasons you know too well but next year I’ll need to clear my head and already two road trips are sort of planned.

CEY
CEY

SP Angel Morning Mining Note: Centamin, Dalradian Resources, EMED Mining, Gemfields & Herencia Resources

John Meyer of SP Angel this morning comments on Centamin (CEY), Dalradian Resources (DALR), EMED Mining (EMED), Gemfields (GEM) & Herencia Resources (HER) as well as offering a detailed macro view on the news that is shaping global mining and the AIM mining pond. 

HUM
HUM

Zak Mir's Great Request Show: Acacia Mining, Centamin, Hummingbird Resources

If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at the shares of Acacia Mining (ACA), Centamin (CEY), Hummingbird Resources (HUM) and offer some share price targets.

CEY
CEY

Have a Look at this Egyptian Gold Miner - Is that Pharaoh Enough!

Hello Share Bottlers. I’ve held shares in Centamin (CEY), the Egyptian gold miner for some years now. Given the dramatic events that have shaken that interesting country, the share price has followed rather a boring path.

AQP
AQP

SP Angel Morning Mining Note: Amara Mining, Aquarius Platinum, Centamin, Gemfields & Shanta Gold

John Meyer of SP Angel this morning comments on Amara Mining (AMA), Aquarius Platinum (AQP), Centamin (CEY), Gemfields (GEM) and Shanta Gold (SHG) as well as offering a detailed macro view on the news that is shaping global mining and the AIM mining pond. 

SP Angel Morning Mining Note: Centamin, Firestone Diamonds, Premier African Minerals and SolGold

John Meyer of SP Angel this morning comments on Centamin (CEY), Firestone Diamonds (FDI), Premier African Minerals (PREM) and SolGold (SOLG) as well as offering a detailed macro view on the news that is shaping global mining and the AIM mining pond. 

IFL
IFL

SP Angel Morning Mining Note: BlueRock Diamonds, Caledonia Mining, Centamin, International Ferro Metals, Landore Resources, Rio Tinto & Solgold

John Meyer of SP Angel this morning comments on BlueRock Diamonds, Caledonia Mining, Centamin, International Ferro Metals, Landore Resources, Rio Tinto and Solgold as well as offering a detailed macro view on the news that is shaping global mining and the AIM mining pond. 

CEY
CEY

Zak Mir's Bull Stock Of The Day: Centamin - above 60p points to 80p plus

Strange, is probably the best description of the recent price action that Centamin has served up on its daily chart. This point is underlined by the way that since the start of the year we have seen the stock whipsaw either side of the time of 200 day moving average currently around the 60p mark. 

CEY
CEY

SP Angel Morning Mining Note: Centamin, Caledonia Mining, Metminco, Horizonte Minerals & Kirkland Gold

John Meyer of SP Angel this morning comments on Centamin, Caledonia Mining, Metminco, Horizonte Minerals & Kirkland Gold as well as offering a detailed macro view on the news that is shaping global mining and the AIM mining pond. 

SP Angel Morning Mining Note: Centamin, EMED, Kibo and Blue Rock Diamonds

In less combative mood than yesterday, John Meyer of SP Angel today comments on Centamin, EMED, Kibo and Blue Rock Diamonds as well as a detailed macro view on the news that is shaping global mining and the AIM mining pond. 

Andrew Monk – a reminder of my top 5 resource stocks for 2015

The CEO of resource specialist broker VSA is enjoying a rally in resource stocks and so reminds his clients today of his top 5 small cap and mid-cap plays in the sector:  Andrew Monk writes:

Gold

The SP Angel Morning Mining Note

We quite like SP Angel when it comes to research as lead analyst John Meyer is an honest chappie, who produces detailed work and can be critical when needs be. Today's detailed note covers Centamin, Conroy and Thor as well as offering a detailed macro view on the news that is shaping global mining and the AIM mining pond. We have now agreed to carry the SP Angel note every working day going forward.

QPP
QPP

Tom Winnifrith Bearcast 22 March

My main podcast of the day starts with the fun and games at Quindell where it seems as if the quisling blogs are in retreat. I go over the maths again. I then look at Centamin as oer Gary Newman's piece earlier and how the Arab world has changed and how that must make us value stocks operating out there. Finally I look at how to deal with the microcaps on the AIM Casino.

Listen to the Bearcast:
ALO
ALO

Alecto ‘on track’in Burkina Faso

Africa-focused Alecto Minerals (ALO) says it is ‘on track’ to establish a maiden resource estimate this year for the Kerboule gold prospect in West Africa’s Djibo gold belt in northern Burkina Faso, while the AIM-quoted company actively canvasses prospective partners for its Kossanto project in Mali, potentially hosting more than 500,000 oz. of gold. Alecto, which also has joint ventures with fully-listed Centamin (CEY) at two gold prospects in Ethiopia, acquired Kerboule in November in a £350,000 all-share deal and now says analysis of previous drilling data over the 3,995-sq.-km. project has identified three discrete deposits with ‘numerous vein sets’.

CEY
CEY

Tuesday`s Triple Play: Centamin, Nighthawk Energy, Iofina

The time has come to ask if Centamin has finally done enough to build a base in the mid 30p’s, Nighthawk is ready to break out of its near term flag, and has its CEO finally scuppered the share price of Iofina?

  • 3303 days ago
ALO
ALO

Alecto Minerals a speculative buy post Centamin deal – Fox Davies

Alecto Minerals (ALO) has announced that it has entered into a non-binding heads of terms to form a strategic alliance with Centamin (CEY) to pursue opportunities in Ethiopia.

PCI
PCI

Buy Petroceltic : Floor Found Along With New Egyptian Licences

It is probably best to get the negative factor out of the way here first at Petroceltic (PCI) – that of Egypt, and the upstream oil & gas explorer’s exposure to the “Arab Spring” nation.

RPO
RPO

Speculative Buy Ruspetro : ONLY Above 30p Targets 50p

The basic charting message is never recommend a stock or market against the direction of the last gap. This lesson has been served up by such luminaries such as Centamin (CEY) and Ocado (OCDO) in the recent past, where going against their gaps higher would have led the shorts to a very sticky end. So why I am recommending Ruspetro (RPO) as a speculative buy against the direction of the unfilled February gap to the downside.

CEY
CEY

Zak Mir: Centamin, Medusa, Vatukoula and the outlook for gold stocks

Zak Mir, the UK's stupidest chartist, outlines the outlook for leading gold stocks such as Centamin (CEY), Medusa (MML) and Vatukoula (VGM) on video. Is the party finally over?

CEY
CEY

Centamin – And now there are two reasons to sell at 39p: target price 25p

Reasons to be bearish part 2. The first reason to sell Centamin (CEY) was political – it operates in Egypt where there is zero long term visibility for businesses since the regime change. But there is now a fundamental reason to offload the stock pronto – the maths simply do not stack up.

ARM
ARM

Sell ARM Holdings: New Leg Down (Pun Intended)

There are some stocks like Centamin (CEY) and  Ocado (OCDO) where it appears that the bear argument, whether it is fundamentally based or according to  technical analysis, fits like a glove.

CEY
CEY

Centamin: Big double sell call

*Chart Flash* Unfilled gap to the downside below 200 day moving average at 43p January - April Island Top Formation Target Towards 20p while below 200 day moving average!

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