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.
Little drama related to US inflation but not a big deal in the U.K. Should recover this week
patience is the key to 400
I’m less inclined to lock in any range. Still simply holding what I have now. Once the covenant issue is sorted I think this will do what WINE just did and climb over several weeks with little option to ‘get back in’ at a discount.
I’m actually using your trading range. If it get near 150, I shall sell. If it get near 132 I shall buy. There is also thing called compound interest, which means if you trade on 3% margins say 100 times, well I will let someone else to do the maths. Perhaps LOTM
Happy hunting
Good for you WT. Scalping isn’t my thing.. can’t be bothered to chase 2-3% at a time. Tried that in the past and concluded that scalping on small positions would never match swings on large amounts.. but yeah well done if you’re happy
Hi LOTM GMHK
For what it’s worth!
Sold SYNT at 148
Bought WIZZ at 2020
Sold WIZZ at 2087
Bought SYNT at 140. Averaged down to 155p
Business as usual
GMHK,
Personally it looks like the new trading range is 132 - 149 I'm sure we'll see if that's right or wrong shortly.
LOTM
Now, I want to see what tomorrow brings with US inflation print expected to be bad. Doesn’t really need to have any negative impact on SYNT and AIM in general though (probably FTSE100 will get a slap), as the chart is looking very optimistic. I don’t even think that 160 will have any resistance so off we go to RI price 🚀 algo trading is a beauty.
Also, I’ll add to my list.. debt restructuring as remember that happened with superdry when it was at 90/100, it made the price to shoot to 160 on such news.. well, subsequently it hit the floor at 15p but still there’s room for manoeuvre for the board to push the price to 400.
And obviously the idea of takeover which is always just that.. a dream.
Massive gap at 400, all the rating agencies are aware of the gap and it needs to be achieved so let’s wait patiently. All profits I manage to achieve on other shares will be going here as “free” shares to lower the average.
Hi JW
My shining moment yesterday. I went to sell DARK at 356, and bought them instead. DOH! Spent the rest of the day chasing down WIZZ. Not my best moment. Sold the last of my 888.
HI SK
One can dream!
GMHK
In the last 2weeks I have sold at 155p, 153 bought at 147, 141, 135. I have averaged down to 156p. When i reach 156p. I will have 35k. I would have wiped out my loses. Any similar tales out. there. 160 bring it on
I think forecasts of 400p (even in 2 years) are fanciful. Barring a meaningful economic recovery I see this trading in a 110-160 range for the forseeable. The other possibility is an opportunistic bid from the Malays at a low ball price. Pure speculation though
What do you think would push the price up at/from the next trading update in March? My guesses are:
1) info about strong start to the new year trading which would result in the increase of half year estimate?
2) sell of an asset?
3) replacement of a director but i guess the main culprit was gone some time ago?
Any other suggestions?
If the bottom was at 118 and the price doesn’t go below todays low of 131, I’m betting that we’ll see 400 by mid November this year.
We’re getting really close to a rebound. Once this bounces off the low (whatever it might be), we’re going for a mission 🚀
Three short positions. I find these hedge funds a necessary evil. Well spotted. I shall narrow my margins now. I shall do the same with SYNT now for the reason, i can smell victory. 135p to 142p is about wright.
End of day chart analysis:
The price is a bit weak but so is quite a few other companies like dark, fres, JD. I’m more leaning towards idea of printing double bottom or even 100p if we go for a retest of the long running downtrend line… unless we make a sharp jump tomorrow (slim chance).
Then there is next week which worries me a bit more with CPI in the US on Tuesday likely being worse than expected due to Red Sea debacle. That might drag everything down in the U.K. 🧐
Hi WT ... you have shorts increasing at DARK ... I'll buy in the 330s but wonder if this time it will be pushed lower.
I'd agree with you on SYNT ... tomorrow could be the type of day where it hits 133/5 in the morning and high 140s in the afternoon. Live in hope I suppose.
Howdey
Instead playing cowboys and injuns, should have payed attention to my last post. You would have ahead with PTAL
Today I almost bought SYNT, instead WIZZ slid and I bought back. Which brings me to DARK. where are at? If it drops another 5p tomorrow. I might buy back
Of course everyone is entitled to their opinion, GMHK. But when people reinvent history - as JW does - and bash people who call things right, and repeatedly pat themselves on the back for calling it wrong, then they need to be called out. Take everything that poster writes with a big pinch of salt… ATB
I don't think I bashed you GMHK ... might have said it's a ridiculous thought but then 118 was damn close and shows that eventually the London exchange is doomed. I also said there was no way SYNT was going to do an RI!
One thing I am definitely doing is reviewing USA trading. Dabbled a bit and liking it a lot more. The issue is the valuations are so massive on some companies ... complete opposite to UK. Then you get the forex component which the platforms seem to be making a tonne out of.
Leaving Wigwammer to do his thing. I get it finally though ..... Josey Wales a cowboy and Wigwammer is likely native American. I wonder if he's the sidekick who keeps creeping up on me. I'm going to get the big bad wolf to blow his wigwam down.
The reason I keep bringing up your posting history, joseywales, is because you keep misrepresenting it. Your latest post being a case in point, where you claim to have been “in and out” and sold the rights. Actually, you were repeatedly bullish here at lower and lower prices pre RI, and posted that SYNT was a “slam dunk buy” during the RI… Perhaps what you say and what you do are entirely different things, rather like your friend Mr Trump. It is worth people bearing this in mind as they read your posts. ATB
I’m going to get some popcorn 🍿 and watch these 2 argue 🤣
JW bashed me in October for saying 100p is possible but everyone is entitled to their opinion and no one needs to agree with.
Anyway.. 140p reclaimed this morning.. let’s hope for the best (but expect the worst)
Hi JW Wigwammer
You two need to get a room!
Have a look at PTAL, loads of cash, aggressive buy back. 11% div.
Which one of these statements should you ignore and which statement do you act on.
Hmm....just like thrush you just keep coming back. I think my post history speaks for itself. Sometimes right, sometimes wrong. Don't generally dig people out as finished school 30 plus years ago. You obviously read something i wrote , went with it and got burnt. I express opinion, happy to debate but your sort of behaviour is for the PFC board where it looks like you you can spit and scratch at plenty who will engage in you whimsical meanderings.
I would check you have not got me confused with anyone else as right now you are Donald Trump style loco.