Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
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@canetoad - Forgive me for the bluntness but it clear you know very little about the legal profession and specifically Ince and its key practice areas, it is also clear that you did not do very much research before investing. I am more than a bit curious on what basis you underwrote your purchase of Ince shares ?
@erratum, you're absolutely right. I have no knowledge about the legal profession. How many investors have qualifications in each area in which they invest? What a ridiculous statement.
You have no idea what you're talking about, making comments about how others research a share.
'I am more than a bit curious on what basis you underwrote your purchase of Ince shares' ? what sought of gobblygook are you talking about and what business is it of yours to know how people are investing? I invest in an ISA/SIPP, like most UK investors.
@erratum, looking back over your posts, it's crystal clear that you are some sought of insider. In contrast to me: a genuine investor in many companies. Nobody that has been here for a substantial amount of time, with a substantial investment would defend the Ince management. They have destroyed the value of the shares on every possible time scale. 75% down from the most recent high. That is due to sheer incompetence, arrogance and disrespect for shareholders.
I worked in the broking business for decades. I am not a lawyer, but I know the business they are in. There is absolutely no logic to the acquisition or to their justification for it. At best, they have halved the value of Arden. Clearly, this deal is about more, but I have no plans on sticking around for more of this nonsense. when insolvency is a real option here.
Good luck.
Well done CaneToad for having the bottle to bail out at this point. Lots of folk would cling on in hope, and that often proves to be a poor call. Who knows, this may come back a little, and I hope for those who have lost here that it does, but there are obviously better and more stable investments elsewhere, particularly with all the uncertainty we have at the moment.
@CaneToad, as HumpyDumpy said well done for concluding this is not the right stock for you and moving on. Given how wobbly you have been on this one for a while now, I am sure you will gain equanimity from the decision.
"Equanimity" - your command of the English language is impeccable. Patronised CaneToad like a true Englishman. Do tell us what part of the legal profession space you occupy?
@contarian123 - It appears you may have a case of hippopotomonstrosesquippedaliophobia. Not in the legal profession and not English but awe know already that facts will not get in the way of your suppositions.