Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Looks like there is not hurry to Publish the results.
I still believe in the fundamentals of the company, eagerly waiting to see how company have adopted to the COVID challenge . If they have gained a good no of online customers and sales are improving that would be a big relief.
GL All
Good find Razor as always. Hope the positive news starts flowing soon.
As per me this is way to undervalued, we almost of half of Mkt cap cash in Bank already. Not sure if this would Invite any Takeover offers.
I think the price is driven down by the shorters, TED had a accounting scandal and other issues.
We have roughly 40 Million cash in bank after paying landlords, we have a facility from banks for 70 Million till 2022. Our products are much superior and we operate in 700 countries.
I am failing to understand on earth why we are stuck at mere 120-130 pence, after the stores re-opened we should be above 2 pounds. Come on SDRY.
They are cheap as hell, can't imagine since 2010 when they floated they have been at this price.
JD should buy the shares, the only reason that comes to my mind is that sensitive news floating and as a result he can't buy more shares and so other directors.
Well once the negative sentiment goes away the big price events for price move will be -
- Year end results - presents clarity
- Trading statement
- Autumn demand
- Online sales increase
- New product lines being added
plus more to come .. GL All .
I believe in next 6-12 months we should be easily around 4-5 pounds .
Thanks AK
Hi Roharps,
Did the article talked about the 25 Million loss.. I am not sure how they would have calculated the loss for next year.
Results in September should set the path for the SP. I was hoping this to be around 2 pounds by Sep. Need to wait a bit longer.
Also JD would not have gone through the trouble of removing the board if he was not passionate .
He still has a lot of skin in the game. SDRY still have shops in 70 countries, their new online strategy is shaping up and showing some positive outcome.
We need to see how how Autumn turns out for trading, once we have results out for last year and a clear strategy moving forward. I believe brakes will be off.
GL All.
We were making around 60 Million in profits last year, also this was trading at 12-16 pounds for last 2-3 years.
I am happy activist are piling up they must see potential. Again I am in for the long game.
Thanks Atul
I don’t have access to the entire article.
I am thinking if he owns 18.5% he probably would be looking at ways to take it back to £ 5-6 level .
It would be interesting to see what year end results have for us .
Would welcome people views.