Wednesday 1 February 2012

Questor share Tip: negative sentiment on the Egypt Centamin has created an opportunity to purchase

Gold prospects are positive that investors worried about inflation, devaluing currencies and geopolitical disorders Photo: ALAMY

The negative sentiment has created an opportunity to purchase - but not without risk. The situation is far from over in North Africa.


Friday, the miner said that he would welcome a trip by analysts at its Sukari mine in the North African country. Suspects Questor week next these analysts will issue positive updates on the situation in the mine of the company - a gesture which could stimulate the company of the action.


Questor recommended to buy the post-crisis actions, 135.9 p, but the actions are always good value.


This is despite the fact that the company said Thursday that production of 2011 would be at the lower end of its target.


There is a delay in the delivery of blasting equipment - but this has been resolved.


Gold prospects are positive that investors worry about inflation, devaluing currencies and geopolitical problems. Friday, Standard Chartered said that gold "supercycle" could increase the price of the metal to an average of $2,100 in 2014.


Questor recommended actions such as high as 159.75 p purchase, but they were initially tipped to 42.5 percent on January 5, 2009. They are traded on a remuneration of 14.1 multiple current year, falling to 9.7 next year. The company does not pay a dividend.


Questor takes into account falls are exaggerated and actions are a speculative buying.


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