Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
It seems to be fighting back - hopefully the US market sees the light
From moon to earth lol
Unexplainable - only adding more if you can. JP have this down for over 400p in the next 12 months
Now £2.04.
Down 15% in 2 days.
Any ideas anyone where this is stopping
Gold mine lol save your cash
I bought these yesterday at £2.40.
Only down 12.5% in 27 hours.
So that's good
I think a lot of sells must have been triggered at 240p. Buys starting to climb back now
Nickyl Raithatha, CEO, commented:
"Today's update reflects continued strong trading performance post-lockdowns, including a very successful UK Mothers' Day, and we remain confident in the outlook for the year ahead. Moonpig Group has delivered a permanent step change in scale over the past two years, with a larger customer base displaying higher loyalty than pre-pandemic. The long-term opportunity remains vast, and we have never been in a better position to deliver against Moonpig Group's strategy to become the ultimate gifting companion ."
Should easily see 250p today
I’m in for more at 213 today. This will fly to the Moooooonnnnnnn……
I'm loading up on this gold mine
Strange we're not riding with the rest of the market today... the likes of CARD up 4%. must be building for the pm
Little over 3 weeks until the trading update (5th of April). Can't see this falling any lower now.
Buys have now doubled sells at £1.4m
Seriously large buying spree underway
Hi all - new here. Have just transferred £16k for CARD sell. MOON moving more positively in the space and are capturing a better end of the market. Average at about 210p, but I can see this recovering well shortly.
I’ll buy a small amount of these at 250p - should it get there.
Just one of those testing LTH?
Rarely does a company's IPO at fair value for retail investors. The owners knew this was a bull market and sold their shares at a hefty premium (so for the owners). Those retail investors that bought in during the first few weeks of their IPO, will probably wait till fundamentals play catch-up with the market valuation. It could be a long wait if the business isn't cash generative (free cash positive), despite the huge ramp-up in their revenue, thanks to their online presence.
Personally, I think fair value is around £2 or less.
Coming into market in 2020 figures is very risky . They should have waited after 2022 to join the market . This is where they are going wrong now . Wrong time with unsteady figures .
The one thing people didn't notice is their outlook. Management is forecasting revenue of £250m to £260m in 2022, and comparing it against 2020's revenue is the catalyst for the share price falling. If they compare it with 2021's revenue it would be a decline of 25%.
Plus, despite the huge jump in revenue, Moonpig's profit barely grew and cash profit fell from 2020. So, there are concerns on whether the business earnings growth justifies its hefty valuation.
I’m embarrassed by my post yesterday. Truly shows I know f all about share prices. Great results more than doubled last years turnover and volume. Why no mention of a Divi? Decent profits!
Agreed , i was expecting a nice rerating on the price here , so much potential for repeat sales and a good year behind us .