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.
Went 55 offered this morning.
I bought them only 42k
Where’s this stock come from and why would you sell here?
Those big prints which started a bit of a frenzy a couple of weeks back was me btw. 8.5m and 4.5m was just moving things for tax reasons I was a net buyer.
Gixer,
Many thanks for sharing the great find. It looks it could used as a miracle ingredients. Hope IF is following all these up.
Another down day
Pumpky
along a similar vein can you see a multi billion Chinese company launch a whole array of new products who’s main ingredient can only be supplied by a two bit outfit - Del knew
W£
Can anyone see a Chineae company paying upfront for something they haven't received?
Obviously getting ff approved is almost as important to By- health as it is to us, it looks like it’s going to be a huge part of their future growth along side the.new probiotics and the grape seed anti ageing offerings .
I know the feeling lol.
Another great find gixer . I can confirm that in the 5 years I’ve been taking ff+ my hair has grown out of control it is fantastic , unfortunately it’s all in my ears and nose ! As for my head zilch .
Https://www-ebrun-com.translate.goog/20231218/537182.shtml?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=wapp
As for funding... I believe, and correct me if I am wrong, its a requirement (Going Concern) to say funds may be needed up until we have enough cash in the bank for over 12 months operation from the date of the financial results.
Hopefully we can make enough profit to cover this without a fund raise but who knows.
I think sphinx is correct that the sentiment has been a fear of a fundraising for a long time now, causing those who would consider buying more shares to pause. In the main, this is countered by a very small amount of sellers. An illiquid share trade situation doesn't do anyone a favour, This stasis has to be broken, either by the aforesaid cash raise, or by one of several other potential funding arrangements being announced. It's more that obvious that substantial sales to high credit rated clients would be relatively easy to insure by invoice discounting, credit finance, overdraft, export credit guarantee, factoring, blah blah. More than one way? That's an understatement, but certainty wouldn't half be useful to us holders to know.
With possible vast expansion of volume probable upon passing regulations in China, Mr Ford will have had funding that right at the top of his agenda. The opinion of a miniscule holding failed investor venting his spleen on a chat board isn't worth his time reading, that's for sure.
I don't see it as "wishful thinking" BB
In fact, for a company our size I would be surprised if IF didn't go PIA (Payment in advance) and, as you know, it was reported on ADVFN from someone who attended the AGM that "It was explained that IF had insisted on payment up front from all DSM customers which had been accepted in every case thus adding no additional pressure on Cash Flow." although it would be good to have this confirmed in the interims.
This is a good situation while we can draw down on the stock that DSM hold but I would expect we would need serious cash in the bank when ordering new stock.
Could By-Health also be PIA? I have no idea what the lead time is to produce new stock but they could be and they cant get it anywhere else.
Unless we've either added to our stock of FF+ ( possible ) or bought more FF2 from DSM that we don't already know about ( seems unlikely ) I think we'd have had between 150 and 250k net cash at the end of September. We'll know the real figure some time in the next 10 days.
We're hopefully going to need a cash injection of some sort fairly soon. I say hopefully, because I'm hoping we need to restock FF2 sooner rather than later and any half decent purchase would surely be pushing it cash wise ? From what people have said about the AGM, Ford seems keen to avoid dilution, but the cynic in me thinks he would say that in front of shareholders. Although it's a long shot, I wonder if he's trying to get some customers to pay in advance for FF2 and then use that cash to either get more stock from DSM or pay more a manufacturing run ? Admittedly, that's almost certainly wishful thinking by me, but if, as was apparently said at the AGM, he got customers to pay upfront for the FF2 we sold them ( as opposed to being on 30/60/90 days terms ) then, heh, you never know.
BB
A bit like turkeys looking forward to Xmas.
I think after 15 months of stating they will need to raise funds it’s about time they put that one to bed ,it’s been a huge drag on the sp but they knew that is what would happen .
No news is good news, hopefully.
1 year on and still no news on funding ! Makes you wonder doesn’t it ,maybe update next week in the interims !
PXS has looked like the next big thing a few times in the past but has continued to underwhelm, deals, alliances have looked like occurring only to vanish.
Untill news confirming something big is actually happening SP may remain low with the usual rise and fall, when this news arrives I don't know but could be tomorrow,next week, next year. All my opinion which counts for little.
Yes the sp is crap but why?
CB
the previous CEO used PXS to get hold of SIS. We should start to have sight of really how ‘good’ the deal he did was in a couple of weeks.
IF has kept things steady (fund raises, deal with ex employee Felix -wonder how he got on with former CEO) whilst counting down to givin the bird to DSM.
Yep SP is carp, but we all know that, and we know you know that
WS
WS
Can anyone explain why the sp is where it is at the moment , thanks in advance.
Emailed PXS about Sirco heart"response was "We cannot comment on other companies using FF:Contact supplier I only asked if they knew when it was going to be available:as SIRCOHEART Email doesn't work
Kievsky. If you're happy and contented with 14 wasted years under Moon and Ford and relaxed about a SP of less than 1p, the inability to make a profit and STILL no meaningful progress, then I assume you are deluded.
Can you honestly think of an easier job on the AIM, than being CEO of Provexis? Made even easier by docile shareholders like you.