The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen 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.
Amazing how theres little reaction in the miners given the gold prices.I guess production costs are higher but even so!
Upwards hike in EPS for H2 coming.
PAF need to take advantage of these prices ++
The breakout is now confirmed on the 5 year chart too. There was a long downward trend line that joined the three previous highs and today's price is now well above that trend line.
Very tight spread.Looks like it's ready to go soon
All primed for 22-23 Finish this week
SP is 21.4p as I write with gold at an eye watering $2157 (£1,691) !!
Mulder you were right about that 20p sticking point. That's no past it seems.
Amazing gold price currently, the bulls are out in force, everything from $2200 to $20000 predicted.
Some classics from our old friend Peter Schiff https://www.youtube.com/watch?v=cNXLgczF8UQ
Mulder As you know I've also been invested in PAF since 2010. That PE of 10 you're referring must be the spike in August 2020, the SP got to 28p and gold 2070. If gold get's momentum in a similar fashion then the SP here would spike to well over 40p !
The dam will burst at some point,the pressure sure is building
Gold 2146 SP should be flying as our PAF profits :)
Cha-ching!
Have you bothered to contact IR and Hethen Hira with your opinions and thoughts?
No point dwelling in the past.
I've seen PAF trade close to 10x P/E over the past 14 years.
Production guidance will be upgraded.
AISC $1325
Actually, Adjusting AISC for the new lower guidance and the discount to GP for selling makes the 700s.
But the point is clear, upwards.
I am still concerned as to why did the company issued such a lower guidance for these 6 months. When they were coy and silent before the SP got smashed by 30% due to the load shedding.
Actually over $800 profit per oz.
That's over $700 per ounce profit. Looking at a current earnings rate of $140m.
That's a current P/E of around 3.5 What's reasonable for PAF ? Historically it was around 6 before extra political tension and load shedding. If the market prices in a P/E of 5 then SP should get to around 28p, P/E of 4 then an SP of around 23p.
Let's hope the GP sustains.
It totally is.Like so many things in life.
Why does it exist then?
Why are people paid to work for them?
What does it say about the stock market and the people manipulating and shorting it?
Morally and ethically corrupt ++
The FCA do nothing.Waste of time.
To clarify, 5c EPS possible this year but with Mintails potentially 5p next year.
It's closed a whole 5%/1p below where it should have, that's why.
JSE closing price = 521 ZAR
After FX = 21.6p
Use the form below and report this to the FCA. Inexplicable slide started at 1445 today.
What's the problem?This is going up,up,up
I still don't believe there is any abuse to warrant reporting, it's all kind of normal for AIM, late reporting and whatnot. It all evens out in the end IMO
The most important question for me... Once the numbers are adjusted, will the dividend be much higher than the usual nearly one cent. With these gold prices they can affiord to pay off extra debt and pay us more too.
Power is still a problem though. Imagine what their output would be without load shedding.
https://mydorpie.com/m/?page=loadshedding&suburb=Barberton®ion=Umjindi&province=Mpumalanga
521 ZAR/21.1 = 21.6p
So WTF is this now at 20.4p?
https://www.fca.org.uk/market-abuse-reporting-form
Rogue as f*ck. These people need to be jailed.
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....