BUZZ-Centamin: Set for worst day in 5 yrs on guidance cut

** Egypt-focused gold miner shares dive 15 pct and sit at the bottom of Stoxx 600 index and FTSE 250 index

** Co cuts FY production guidance and raises its cost expectations on lower grade ore at its Sukari mine in Egypt

** Co now sees FY production from Sukari down c.12 pct to 505-515koz while also revising costs guidance upwards for total cash costs ($625-640/oz, c.14 pct)

** Morgan Stanley (Xetra: 885836 - news) sees the guidance downgrade as "quite a significant negative" for the stock in the short term

** The updated mine plan forecasts a weaker Q2, the prelim. figures due on July 9

** The stock is down 14 pct YTD