UK 00:45 Friday, 25 September 2026
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Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Despite being “pleased to announce preliminary production results from its Sukari gold mine in Egypt for the quarter ended 31 March 2014”, shares in Centamin (CEY) have currently slipped to below 53p on the day. The following reviews why.
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Comments
wildrides
You could lose everything over night here ………………… or double your money in 6 months ………. scary . Only a day trade for me here now (the gonads shrink with age )
ADVFNPrep
I think one can make good money on CEY. Just buy on the dips after the court decision is postponed (again) and sell right before court case as punters pile in.
I think Egypt wants to keep CEY on the hook for a while and this causes court decisions to be postponed for a while.
Anyway, too risky for me. I prefer to invest in companies in more stable countries.