Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
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Just how successful Barkby proves to be is anyone's guess. Obviously, do your own research but from what I can understand no quoted company GC has led over the past 16 years has been taken over or has ever paid a dividend. You can check the performance of his other quoted vehicles yourself. Maybe it will be different this time but I think that it's probably worth examining GC's performance in recent years and assessing whether he delivers for shareholders.
This is and will start to flow into this company as successive acquisitions are taken on board. The Achilles heal here at the present is the NEX market which is very restrictive at present. My guess is tha GC will return to the AIM market as soon as practical. This was the direct result of having to crash out of the AIM market following the collapse of the Indian optical business and time lost there. Regarding valuation , there is a large organic growth to this company,acquire leased inns pubs hotels whatever and apply a transformation of the service to boot. This is infinitely scaleable and I expect GC to acquire ahead of estimate. Due to the acquisition date we do have an account to the end of march and yes I expect to see rapid acquisition growth as well as organic.......
I am well invested here and pleased we are able to share views. My initial thought is that the potential here is not reflected in the current 5p sp. This values the company at about £1.8m and is well below the 9p paid by the current directors on readmission. The original owners have left and it seems that the current BOD are not wasting any time in growing the business and have already made bolt on acquisitions and appointed an operations director. We are due an update shortly and I feel current tracing and potential should value the business at nearer £5m or about 15p. Problem is that too few PIs are aware of it so we need a decent note from the NOMAD
Lovely to have our chat line back on again......
What we have here is a GC masterclass in how to grow an English company , a very familiar territory for GC. We now have two new acquisitions on board .first a hospitality restaurant , the second an hospitality top range car business. The second being subject to due diligence.
I list the reasons for investment here. DYOR.
1 very fast growing business with cheap 10 year leases
2. In an area of growth , witness the Ivy Group , now acquiring 10 properties a year
3. GC a Chairman with years of experience growing businesses
4. A management team second to none
5. Financier Jeremy Sparrow , used to handling 20 billion plus finance
6. Safe business based in uk
7. Very importantly , only 37 million shares issued.
8. Very strong organic growth
9. Low chance of market cash calls
10. Window of growth 5 years to medium size company
I have been posting on Soveregn mines of Africa share chat for several years now
Please DYOR