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.
A better day today.
That'll do for me today.
Got in yesterday afternoon sub 25p and am out this morning at 26p +
Added a few more to my "free carry" collection. Good luck to all here.
Off to do the weekly shop.
G
Well done Gerry,
very rarely buy shares on the red day and this morning best offer was 26p so no trade for me.
Hi Volcano - agree avoid trading on red mornings. For me yesterday looked overdone, and STOB looked to have bottomed out late afternoon yesterday, so i took the trade. Though I was thoughtful went STOB fell on the close to 24.50. To be fair it had dropped from a 30p + close on Thurs eve, to a 27.1p close over the weekend, falling through 25p as Monday progressed.
Volumes in terms of trades were much stronger yesterday - approaching 900 trades, values were small, suggesting PI's were swapping shares with each other, no real large Institutional trades that I've seen for weeks. The major shareholders are sitting put atm
I went in on the belief that our Govt. would reconsider Including the balearic and canary islands, in the blanket Spain quarantine decision. I sat down for both the 6.00 pm news and 10.00 pm news, last night but no change of heart !
Hey ho - it looked like the GOP would push out it's coronavirus relief bill, so perhaps, a boost to markets, today ?
Off to bed last night fully expecting the Govt. to put one of it's "Wooden Tops" (remember them ) out on breakfast news to confirm the Islands would be exempt, but no !! - they doubled down. OH !
But hey this is STOB and buyers bought in on the dip this morning anyway - Happy days for me lol.
This is the second time, I've bought late in an afternoon here. Recently I've found it a bit of a scrum, in the morning, spreads too wide, with the buy price already off and away, before you can get an early trade away.
G
Volcano - i know from chatting to you in the past, that we both hold balanced portfolios.
it seems the what you gain on the swings sometimes falls away on the roundabouts.
GOLD :
I'm holding in three Goldies having picked up shares since March- HGM / AAZ / TSG.
Today's headlines :- " Gold stalls" / "Gold Retreats" "Gold backs off the 2000 level" - Jeeps its sitting at 1958 as I type !!
If Goldies production levels remain constant qtr on qtr, LFL yr on yr, with steady AISC, then I'd take anything over 1750, for bumper revenues.
KIV Gold was floating around 1430 - 1500 a year ago.
gla
G
You are right Gerry this morning the spread was to big and that put me off.
Bought MCRO this morning and i am looking for 290p to exit.
HGM recovered 20p from this morning ,which i hold.
Volcano - yep just looked at HGM its back up again. Let's hope Gold holds or moves upwards, for Q3 / Q4, and we should be in for some juicy Gold Miner trading reports, later this year.
Looks like its going to be the usual "bun fight" between the Republicans and Democrats, on the latest Stimulus Bill, may drag into next week - perhaps - so they are saying on Bloomberg this afternoon.
It's less than 100 days to the US election, great fun over there !
G
Gerry check out the RNS this week,
WOW
UK Earnings, Trading Statements Calendar - Next 7 Days
Tue, 28th Jul 2020 16:05Alliance News
Volcano - i knew it was going to be a busy few days, with regards trading updates, but just looked now and the sheer numbers of Companies reporting is probably going to swamp my little brain lol.
Will likely only be able to glance read the headline various headline figures in the hour between 7.00 am - 8 am. The world and his wife is reporting over the coming days.
Did you see that someone slipped Sky news, the snippet about TOSCA's discreet bid for TALK last year ? Why release that info now - months later ?
Was politely rejected, but TOSCA then topped up to present levels over there. I only mention it as they are STOB's major shareholder, they don't strike me as the kind of guys who sit back passively, on their investments.
gla
G
You never know Gerry they could buy STOB for beer money and who knows after that.
Looks like 24.50p was a good support for now.
Hi TF - hey we're all getting these cheaper over the last month, lol.
But it is what it is for TOSCA, they are sitting on a £78M loss atm with a B/E of 70p.
They are close to the 30% level, with a little wiggle room.
Not the sort of guys to chuck their investors money away I'd suggest, agree they probably needed to support at the cash raise.
The question is what is their next move ?
G
TF - i'm trading regularly, at these levels, and continuing to build up my "free carry" holding. Am picking up 4x as many free shares at these levels on a 3 - 5% top slice profit than i was when I was trading at the 1.00 - 1.10 range, for a LFL trade value.
God knows what i'll do with them, don't really need them, but hey i've always been a bit of a collector, call it a hobby.
I'll remember your entry price, hopefully, you'll get it, and join the fun.
You've not mentioned Carlisle lately, perhaps now is the time for STOB to apply, for change of use and link up with TW. the country needs more housing lol.
Sentiment is a fickle thing, it always appears to be at a lower level for those looking in from the sidelines. Am sure yours will improve, if we get to your buy in level and join the party.
AGM tomorrow.
gla
G
TF - i was joking with you re Carlisle Airport lol.
At a buy in price of 20p that makes you 4 x more confident than Moni's bottom end 5p and 2x his 10p sp figure.
Strange how sentiment varies, lol.
Moni - i have suggested you read through the 4th June RNS , it brakes down cashflow and expenditure, it's quite comprehensive.
Not sure why you don't want to read it or choose not, my friend.
Excellent news from today's RNS statement regarding the quick recovery of wood waste, for the Energy Division, which David Shearer will cover at the agm.
gla
G
Stobart Group Ltd
STOB
27.90 GBX
+2.45 (9.63%)
Hi Volcano - i'm straight into a NT on a buy this morning. Slightly frustrating.
Will keep on trying.
Looks like the Energy Division will be hitting those tonnage figures for July and August
KIV - b/e is 94,000 pm.
Saw the losses at Heathrow for the half yr, think STOB is very fortunate to have it's Energy Division and is not a one trick pony.
G
i have give up trying and bought AZN, it is one of my long term investment.
Hi Gerry,
I have tried again but the premium you have to pay for the amount i wanted is not worth it.
625m shares in issue and the spread is very bad , you get better spread on AIM companies.
Volcano - very strong figures from AZN, historically, i'm in GSK, feel they've missed a trick or two recently, in comparison to AZN.
Been wading through both BARC and LLOY rns yesterday and today. lots to take on board, but the increase in deposits, leads me to think that there could be a major, up tick in spend when the UK finds it's way out of the constraints of the virus.
Any positive news on vaccine progress or a structured testing program at airports should send the Aviation sector northwards.
G
Volcano - just done a dummy buy and sell, got 27.01 & 26.64 - 1.01% spread i think a few mins ago, but its bouncing around.
Thinking about a bike ride, before it gets too warm later today.
G
You are right Gerry, and 3i is doing good as well, in my long term portfolio there are only five companies but they all pay dividends .
If any pharmaceutical company creates a vaccine the worst you could do with STOB is you double your money in a year, and i hope is before next summer holidays ,missed it this year.
STOB share price could get back to 30p tomorrow, i should have been braver monday lol.
FTSE turned negative and i am done for today , got things to do , enjoy your bike ride Gerry.
Just read the RNS - the BIO business is positive news. The interesting line for me is :
"the ability to offer a cost efficient London base of operation to all airlines; "
Ability or willingness? - It's fairly clear that Southend Airport loses a lot of money YoY, with the goal of exponentially raising passenger numbers. Essentially buying market share. - That works sometimes where there is sector growth. There will be no sector growth for the airline and airport sector for probably 2-3 years minimum. Operating at a loss by offering cheap prices is surely going to add significantly to the cash burn. Cash they don't have. I cannot see that STOB will be able to trade out of this and will need significant cash injections to survive the next 6-12 months. TOSCA seem to be in charge of this I would imagine.
I think when Stobart chose s a new name, it may wish to consider"Gravity"...because as sure a Newton's discovery. The Stobart SP will briefly go up, and then almost certainly will come back down to earth...Anyone hazzard a guess as to when the 20p barrier will go...?
Where to start, an exciting day, UK and US markets well into the red. FTSE 100 dropping below the 6000 level.
Guessing a few stop losses were triggered today. though some won't want to contemplate it I'm hoping markets will retrace, down close to March lows, which will give a second opportunity to pick up bargains that I missed last time round. So say another 15% off the FTSE 100, will do the job.
Moni - why don't we consider "Icarus" for STOB's new name lol. Not sure how but STOB ended blue today - i have a closing price of 26.15 ( +2.75% ) on three platforms. Note to diary STOB, top messing around, with these blue days, this is a bb when only red will do. Still tomorrow is another day, lol.
20p would be a great trading level to complete some day trades, goodness knows how many extra free carry shares i could pick up from top slicing on trades, at that level, now you're talking my language, buddy.
Not only that it's TF's stated buy in price, he'd have to step up to the plate, or do "billy bottle" and join you on the naughty step.
G