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Well lets not get carried away haha
Blatant manipulation started at 1445 today; JSE price completely stable, gold price also, no reason for sudden drop.
How great is this ! Gold is going stellar, and PAF finally got some inertia. just been away for a few days.
The profit potential has gone up by more than 25% with this move so the SP should follow suit.
I have a feeling my next selling target of 23p will be much sooner than I thought, so I will deliberate at that time.
If we're 26p by late April, then apart from being still undervalued for Mintails, I'd have paid for my extension just on PAF shares and still have 100s of 1000s left.
Late 20s....
Well let's not carried away.
Resistance around 26p, previous high.
To infinity and beyond!!!
This is heading to the 30s if not 40s where it belongs till Mintals kicks in.
Well at current gold prices and the way its going full year EPS may even come in close to 5p, giving a P/E of 4.
I maintain I won't be selling any stock at such a stupidly low P/E, for a growth stock and gold miner to boot.
Future revenue figures still valid with the rapid rise in the price of Gold??
2022 ($376 million). 2023 ($322) TTM ($359 estimate)
2024 ($374 estimate) 2025 ($421 estimate)
Exactly my Point! At current Gold price this is a cash cow and with Mintals around the corner this will move North pretty quickly… this is one undervalued Goldie!!
H2 earnings should be excellent, with Mintails to come.
30s not unreasonable Patryk as shares would still be at only 7x earnings.
Gold @2100 buy the dips, this is heading to the 30s!!
EPS for H2 will have to be upgraded.
Gold now hitting $2080
Production guidance upgrade likely.
Some will sell when the SP hits 20p but just a reminder that you're selling a gold stock with growth and rate cuts to come - at a P/E of just 5, closer to 4 if we include Mintails.
Now watch Paf Rerate!!
$2075 and rising.
It will get there and into 30s! We are adding 30% in q4 no way this will stay in the 20s rerate has started and LSE will have to follow…
JSE equivalent 19.7p
LSE price 19.2p
Same story again and again. #rigging
April 2022
23-24p
2021
25-26p
Yep, missed out on a shopping trip or two selling a tranche yesterday, but hey, I needed the cash for a building project.
The next time I'll need some cash from investments will be mid to late April. 23p would be nice !!
With Q4 production increase this will only head north and rerate. I bought more today.
Yep.. I sold some at 18.6 today. If it goes up so be it, I'll use the cash for the builders.
I sold a little bit today. Mainly to arrange for funds at my account to return incorrectly processed dividends. HSBC messaged me about. So now I also pay 20%.
Hi Selpec et al, just looked at that trade with the price late 18s but I'm holding off. I can get an immediate quote for £50k worth of shares which is a chunky trade for PAF and very large trade for me. It means shares are in demand.
Also POG has just broken above a decreasing trend line on the 4 hour chart.
The next resistance looks like 19.2/19.3 so I'll wait until that or if the POG continues that recent down trend.
We'll see. GL
“Might be tempted try a trade on some of my holding, sell then buy cheaper, if the SP gets quick momentum to the late 18's. We'll see.” - it was good forecast, Gavster.
USD/ZAR rate went up by 2% yesterday, yet the SP went down with it.
The more rand to the dollar, surely the better.
Mulder if your manipulation theory has got traction then the low SP must only have months or even weeks left for these mysterious buyers to fill their positions.
Start time 1550
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