focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar 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's underperforming again today though.
SP should be 18.4p+
Chart pointing to 20p+
Just pipped over 18.3 this morning. Good sign the SP can break through that recent resistance especially if the POG holds up or even better, gets another few 10s of $ added to the price.
18.30p resistance, once it pops we move into the 20s, looking at the current SP strength, seems we will get there pretty soon. …
EVERY shareholder needs to submit the form below. One day does not make a trend or remedy the issues.
https://www.fca.org.uk/market-abuse-reporting-form
It takes 2 minutes. Don't be lazy!
The PAF team are on the ground this week, trying to attract new investors including UK and Stateside.
Not really huge rise on gold to cause such SP reaction. More likely FCA got Mudler’s complaint.
Https://www.edisongroup.com/research/a-happy-valentine/33260/
Surely ripe for a takeover? Wondering the same with EDV.
Edison reports with much higher valuations than the SP have come and gone many times here without any share price movements. Is there something else afoot ? Like a takeover sniff....
Is this just a market reactions to the gold price or better, finally the start of a more upwards mid 20's valuation we've all expected. Chart still looking strong.
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.
"Share price forecast in USD
The 3 analysts offering 12 month price targets for Pan African Resources plc have a median target of 24.61, with a high estimate of 24.61 and a low estimate of 23.03. The median estimate represents a 44.11% increase from the last price of 17.08."
They have the P/E falling from 4.5 to 3.7 next year.
18p on JSE!!
Same again.
1445 today.
No excuses or rationale for this at all other than blatant market rigging.
Report it!
All stakeholders need to complete the form and submit - as many times as it takes.
The usual afternoon sell off has started and PAF continues to trade 0.5p BELOW its CORRECT price.
On my IG feed today from Reuters, check out the link at the bottom for ‘the list’
Wall St futures inch up
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at
Searching For Hidden Gems? Stop Here
Small- and mid-caps "offer the excitement of discovery and the potential for substantial growth," write UBS strategists
Jerry Fowler and Sean Simond, speaking of the fascinating task of searching for hidden gems amid the myriad of options available in global stock markets.
To help stock pickers in this endeavour, the Swiss bank has looked outside the obvious STOXX 600 and FTSE 100 benchmarks, filtering over 2,500 non-indexed stocks in Europe for criteria such as quality, positive price momentum and negative crowding.
The end result is a screen of 23 stocks spanning 15 industries, 11 countries, and a market cap from 5 billion euros to as low as 300 million. Have a look.
(Danilo Masoni)
***
hidden gems
https://tmsnrt.rs/49BGdyg
If you're a shareholder here then complete the form below. Trust me, it only takes 5 minutes. Each of us should do this and report these morally corrupt buggers.
https://www.fca.org.uk/markets/market-abuse/how-report-suspected-market-abuse-individual
Between 15:00 and 17:00, the trade volume is over 6M. It’s a lot. How it’s possible to accumulate such volumes keeping SP low?
Every day it’s the same law show at 15:00
So why did this close once again far below the correct price of 17.3p?
1505-1630 usual sell off.
The data and information is all there.
Upside Scenario £0.30
Our upside scenario for Pan African is based on a weighted blend of 1.2x P/NAV (50%) and 6.0x 2024E CFPS (50%) at BMO metal prices. This reflects a steady operational outlook alongside a positive FID on the Royal Sheba project, which is currently not included in our valuation, in addition to the Mintails Project construction being delivered on time and budget.
Excellent set of interims, looks like Pan African will hit the top end of the full year Gold production guidance c 190,000oz, and of course as Loots notes, Mintails will return “enormous value” when it starts production.
https://www.otcmarkets.com/financialReportViewer?id=392417
Mulder & Selpec,
Thanks for your replies.
To sum up Mulder has never used the DTA form as he did not need to, but Selpec has done so successfully.
I did not need to either with Halifax, but they changed their policy on this for last years dividend, without any advance warning to their PAF shareholders. HSBC could well follow suit next year, who knows?
I guess you got lucky Selpec, as LINK dismissed my application; they too appear to have changed their strategy, as per my rejection below.
"I have looked into this for you, and I have not been able to locate your details on our system. Your form indicates that your shares are held with Halifax share dealing and as such you will need to contact them. We are unable to assist further."
I will be taking this further with Halifax, but do not expect a quick resolution.
As regards it being a scam - I have no idea whether Halifax and other brokers are keeping 10% for themselves, or just can't be bothered to assist their customers in claiming the reduced tax rate, that they are entitled to.
I would expect better of Halifax, but they do have form for ripping off their customers.
Halifax Bank of Scotland (HBOS) – which is now part of Lloyds Banking Group – was involved in a major fraud at its Reading branch in the early 2000s.
They need to have a closer look at the daily sell off into the close here. Scandalous.
https://uk.finance.yahoo.com/news/fca-three-arrested-major-operation-145600666.html
DTA works for me. My share holding account is in HSBC, but I submitted the form directly to LINK only last year. Now I am sure that 20% is a sort of scam. All previous years HSBC deducted 20% even though I informed the bank about reduced rate for UK - 10%. Investigation required.
With Mogali EPS should hit 5.5c which means the forward P/E is now sub-4.
A dividend increase to 2c in 2025 would give a 10% yield at the current price.