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.
12-15p all time low and you canbuy 50k online at 12.6p despite several decent buys, that is nervy stuff.
Firesale of U-Xplore, thought that would go, i still think there might be some value in this but then again 300 employees will need paying off, i never realised they had so many, i really thought it was about 10% of that, when you take the crazy wage TA was paying himself and the other management they did quite well to make 5-10 mil profits for so long on such tight margins, you cannot blame Mubl for this demise, supermarkets are ruthless cnuts sorry for bad language but they really are thesedays, can ruin many peoples lives overnight by their greed, Mubl did Morrisons a loyal service for over a decade and then bang they dont want them overnight
They had around 6 mil of cash, the interesting bit is Morrisons said they would honour all the stock that Mubl still had and that was a lot, not sure if that means extra cash but they still have the Sainsburys contract so why have they put themselves up for sale, hey they could say they are going into mining and then the shares will go nuts ha ha, looks oversold to me, guesswork but they may well be currently valued at half of cash, maybe even less.
They promised to make good Mubl's outstanding stock here, there was no debt on last numbers. I could way out but this is now valued at 3 mil, i'm sure they could end up with cash 2 or 3 times this amount ?
morrison's terminated contract bad times here ahead http://www.investegate.co.uk/Article.aspx?id=201103150728229476C
Unreal what has happened to this stock in a year, Trevor Allen was being paid 2 mil a year when this was doing ok, if he dropped to say 200k and they collect a lot ofcash for their stock this could end up a promising cash shell if they sold their other small interests.
Lost the morrisons contract. Looks like this one will crash today...
should have an outcome either way end of march with morrisons contract and results are looking quite feeble. http://uk.ibtimes.com/articles/20110131/mbl-group-shares-tumble-on-profit-warning.htm
nicoleyim you looked a bit lonely here....Decent company, very low debt, very good divi due, Sainsbury contract win (as mentioned below). Good low historical entry point. Retailers a bit iffy at the moment, however the low entry price for me makes it still a worthwhile punt at 88p. GLA.
cheap prices to buy now!with high dividends 7.5p!
Dividends 7.5p
MBL wins Sainsbury’s website contract Date: Monday 08 Nov 2010 LONDON (ShareCast) - Entertainment products distributor MBL Group jumped 20% after signing a two-year agreement with supermarket Sainsbury’s to provide an entertainment products website. Sainsbury’s is the first major customer to launch on MBL’s new Ecommerce platform, carrying a catalogue of music, video, games and books. The group has also started talks with Morrisons relating to the future commercial relationship following the existing contract expiry in September 2011.
MBL Group Dividends Latest Previous Final Final Ex-Div 05-Jan Paid 21-Jan-11 Amount 7.50p