Well well well, Brexit has landed.................. Yep still in CEY, PAF, HUM and POG and all in nice profit. Traded out in RRS for FRES for 20-30% profits, but failed in HOC, not quite break even and if held would now have doubled my money! Traded AUE for 32% profit after MNG announcement and bought more today @ 4.04p (but still a long way to go there to recoup my losses) I still have RRS FRES & HOC in my ISA's so very happy with decent profit so far. No metal bought, perhaps a missed… Read More
Eish, I understand how you feel. However PAF is, as you say, a well managed co that plods on doing what it should. No upsets, no concerns, no uncertainty. A solid investment. What's to write about? The only thing to watch out for is if they return to processing low grade feed which translates to reduced profit. From memory my first purchase was 7.65p, added more, & now thinking this spike may be to do with the Referendum. So is it an opportunity to bag a profit?
Banksman and Co, I cannot understand why there is so little activity on this board? This is an exceptionally well managed company, that produces the goods (Au etc...) and pays a good dividend (albeit in SA terms!). It could go sky high if the POG goes 1400. Its downfall is having to cope with the Southern African situation but the management are hungry for success. A recent interview with the CEO revealed grades mined will improve and the labour situation is as stable as the southern hemisphere… Read More
Hi Davbro, do I assume you've decided that PAF is a good place to be or are you still with RRS & CEY? The forecast PE in your link assumes PAF continue to run on the higher grade feed so it's prudent to keep an eye on any indication of a change there. It's far more stable a company than our days at AUE, tho I do think opportunities could appear there once the current dire mess is sorted. You were keen on silver when the ratio was around 80, from memory. Did you buy metal? I have HOC in an… Read More
Analysts expect a full-year profit of £31.4m in 2016. This equates to adjusted earnings of 1.8p per share, and puts Pan African on a forecast P/E of just 7.9. Unlike many gold miners, Pan African has been consistently profitable throughout the gold slump
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.