Research, Charts & Company Announcements
Research Tree provides access to ongoing research coverage, media content and regulatory news on CENTAMIN PLC. We currently have 44 research reports from 5 professional analysts.
|21Mar17 12:45||RNS||Results of the Annual General Meeting|
|01Mar17 07:00||RNS||Director/ PDMR shareholding|
|27Feb17 07:17||RNS||Director/PDMR shareholding|
|22Feb17 09:01||RNS||Director/PDMR shareholding|
|20Feb17 07:00||RNS||2016 Annual Report and Accounts and Notice of AGM|
|10Feb17 15:13||RNS||Director/PDMR shareholding|
|01Feb17 07:00||RNS||Annual results for the year ended 31 December 2016|
Frequency of research reports
Research reports on
The Momentum Continues - 2017 to be a Good Year
16 Mar 17
Welcome to IIR’s second “Blue Book” for Junior Resource Companies. This publication covers over 60 resource companies that were present at the 121 Group’s 2017 Cape Town Conference, held at Welgemeende in the Gardens district on February 6-7, 2016. The summaries in the book have been prepared with the assistance of the 121 Group based in London/ Hong Kong and Gavin Wendt from Minelife in Sydney, with the introduction being prepared by Mark Gordon and Gavin Wendt. The company information is accurate as at the time of the conference – and further information on the companies can be provided upon request.
Forecasts updated; staying positive
17 Feb 17
We have undertaken a review of our estimates for Centamin following the company’s strong FY2016 results. In this note we publish FY2019 estimates and update our relative valuation indicators following the share price performance since we moved to a Buy recommendation with a 209p target price on 26 January.
Panmure Morning Note 01-02-2017
01 Feb 17
Headlines will be written about the company’s final dividend pay-out today with good reason, Centamin has proposed a final dividend of $0.135 to add to the $0.02 already paid, giving a total pay-out of $0.155 or an effective cash return of $178m to shareholders. We reiterate our positive stance on Centamintoday and 209p target price.
SP Angel – Morning View
01 Feb 17
Birimian Limited (BGS AU) A$0.31, mkt cap A$58.67m – Scoping study puts figures round Bougouni Goulamina lithium pegmatite project in Mali | Centamin (CEY LN ) 163 pence, Mkt Cap £1.9bn – Record 2016 gold production underpins proposed final dividend of 13.5 US cents | Kodal Minerals* (KOD LN) 0.445p, Mkt Cap £23.2m – Kodal Bougouni lithium project update | Metminco* (MNC LN) 5.1p, mkt cap £6.5m, – A$4.85m fundraising and Quarterly Report | Savannah Resources (SAV LN) 5.9 pence, Mkt Cap £26.5m – Completion of drilling at Mutamba project, Mozambique
Gold: Quarterly Nugget - Financial insurance required as uncertainty spikes
26 Jan 17
The Economic Uncertainty Index (EUI) has now breached its historical maximum. This is a record dating back to 1935. This is set to be a key catalyst in moving the spot price for Gold higher and we upgrade our 2017 forecast to $1,300/oz. 2016 contained the big electoral decisions but 2017 will see the implications. Investors in gold should profit from the contagion risk associated with the UK’s exit from the EU, the impact of the Trumponomics on US inflation. While a more protectionist stance to multilateral trade deals from the US is set to hurt emerging economies. There is also the risk of further political upheaval during the upcoming European elections.
Panmure Morning Note 09-01-2017
09 Jan 17
Centamin has today announced Q4/FY2016 production results that saw full year guidance exceed our full year expectations coupled with commentary that the strong financial position and strong cash generation at Sukari will see a higher than anticipated dividend payment at the full year results.
27 Mar 17
Elecosoft* (ELCO): Steadily building profits (CORP) | Bioventix* (BVXP): Interim results lead to upgrades (CORP) | Hurricane Energy (HUR): Halifax discovery (BUY) | KBT Business Technology* (KBT): interims and contract win (CORP) | Independent Oil & Gas* (IOG): Licence updates (CORP)
GMP FirstEnergy ― UK Energy morning research package
27 Mar 17
Amerisur Resources (AMER LN)6; HOLD, £0.30: Reduced 2017e production outlook and year-end 2016 reserves | Condor Petroleum (CPI CN)8 ; BUY, C$3.50: Reports 4Q16 results and remains on track for first production from Turkey in mid-2017e | Hurricane Energy (HUR LN) (not covered): Halifax well update in the UK | Cairn Energy (CNE LN): BUY, £2.90: Update on the VR-1 well in Senegal by Far (FAR AU) (Not covered) | Royal Dutch Shell (RDSA/B LN) (not covered): Divestment of Gabonese assets
Strong trading leads to upgrades
22 Mar 17
On the back of today’s positive trading update and slightly upgraded profit forecasts for FY2017, FY2018 and FY2019 we have reviewed our DCF analysis. This has led to an increased DCF valuation per share of 1500p (from 1200p) which we have made our new target price (from 1200p). Both TFP and JC Paper have contributed to the upgrades shown in the table below as have favourable currency movements. With the potential for further upgrades due to capitalising 3DP costs to come we maintain our Add recommendation.
Small Cap Breakfast
21 Mar 17
First Sentinel—Investment company expecting NEX admission/introduction on 24 March. £636k raised pre-IPO. BioPharma Credit—Expected Gross Initial Acquisition Proceeds now c.$338m. Gross Cash Proceeds capped at $423m with placing and open offer. Results expected 23 March with admission now due 30 march. Tufton Oceanic Assets- The Company intends to invest in a diversified portfolio of second hand commercial sea-going vessels where the Investment Manager believes that an attractive opportunity exists in shipping. $150m raise. Admission 3 April.