Member Info for abd1991

what i dont like about majour shareholders, is tht there are no institutions theyre all nominees, which is basically your average joe

why are they not naming who the contract is with?

They withdrew the bill https://www.thesouthafrican.com/expropriation-bill-withdrawn-by-parliamentary-committee/

there is only one problem i see, which is more of a macro than micro, the current political situation in SA, if their economy goes same direction as Zimbabwe, SLP will be hit badly.

henry boot is buying this, that must have been a sign

and nav at 36p, pretty good

this looks like a good co to invest in, health balance sheet, good cash, and now paying divis, well pending vote,which i think it should be voted against, but my personal opinion

how about that £83 trade, might be 83p offer. are people seriously thinking this nonsense is true

what you reckon is more likely to happen

put in a buy order at 0.5, might slip back before news, lets see

the guy has doubled his money after buying at 0.44p thats why he sold, simple as, and what sheikh trades under their name and not a company smh

i have 3k ready to buy this but something is telling me to wait a bit, if this goes to 0.5 area then worth the risk.

Peter Earl, Rurelec CEO, was thinking of selling the company too,we saw what happened to that, what they say and what actually happens two different things.

who says the BoD's are looking to sell the company ?

mine is based on net assets/shares in issue, the generic way. whats the value based on the field ?

nav is 1.9p why so devalued ?

this is just on its NAV 0.5P

Sam what NAV shows is if the company was to sell all its assets, pay off its debt then its value/share would be that price, another way to explain is if there were to be a t/o the company would have to pay above NAV price. company trading below its NAV, is a huge sign that it is hugely undervalue especially when it has more cash than its short and long term liabilities.

thats why you look at NAV, it takes net assets which in turn take debt into consideration, correct me if i am wrong

flyby is definitely a buy, i would seriously consider dipping my toes here, NAV is 70p and their cash in bank is more than the market cap. i don't see how they can go bankrupt. just gonna wait for a while and see it pans out though