Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
The article sums up my attitude to investing.
I am not a gambler, I am not a day trader.
I have analysed the fundamentals, India is probably the last market we will have the opportunity to invest in when it has yet to deliver its full potential.
Sit and enjoy what may be a bumpy ride in the short term
Just bought 50000 @12.99.
HL @ 8.34am
Shows as a sell.
At these prices flf and ht could bid for the company and get it for next to nothing.
Hope we are not being manipulated.
The intangible asset of flf is not reflected in the market capitalisation, wish I had the resolve to ignore everything for a year and come back to a valuation of even 50p.
But like most of us here I have no patience and want news know.
Invested 1.5 billion in a new store in India stating also there intention to expand online sales.
Puts koovs market cap in perspective.
I think that the serious investors here know that this is a long term investment with the greatest potential for a huge capital gain. Predicting short term movements is a mugs game.
For me the price at the moment is immaterial.
India is a huge growing market, I consider I have a wonderful opportunity to invest in its growth.
I can and have invested now at prices only a little above what the investors have been offered.
My advice is to ignore short term movements, why play for pennies when pounds are on the cards
In the absence of news there are two reasons for price movements,
Insider trading and rumours.
Wild fluctuations indicate day traders speculating.
Hopefully we are in for a quiet period until the next RNS.IMO the prospects for the company are huge, but it will take at least a year before the benefits are translated into sales and profit and a rise in the share price.
I'm in for the long term.
Just thinking the same thing, another 50000.
The big new investors aren't interested in 10% gains, double there money for sure at a minimum, am viewing this as a 2 year turnaround, next results will be very poor, i consider this as the best chance to make serious money investing in India,
Fundamentally a first class brand with worldwide recognition. Established internet business. Ok slow to respond to changing high street habits but has huge potential. There has been a bit of blood letting, those who sacked now being sacked, good.
Mothercare should not be regarded as a high street shop, rather as an online shop. Look at the level of internet sales.compare to boohoo, asos , there for s so much potential . Boardroom battles are not new, I have faith in new regime and will buy more on signs of weakness
I see that they are securities lending again. I wonder if they are responsible for the fluctuations in the share price which have been referred to in earlier threads. It will be interesting to see if we get another bout of turbulence in the price.
Hi BigT Am so confident in the business fundamentals and the management took the opportunity to add to my holdings several weeks ago. The right industry at the right time, can't think of any better company to invest in now. Regards AWBOB