Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
courtesy of P&L on iii http://www.youtube.com/watch?v=0tX67UaI5qs
great comeback btw... you moving on too? or gonna hold out till you loose the rest of your cash? ;)
please explain.. why continue to Invest in a company which you feel are ready to deceive the shareholders? also take a peek at the lenders...Merril Lynch et al.. hardly known for thinking 1st of others. recall the FB IPO?! Yell was a failing business model for years... any fool can see that! they will NEVER fully recover, just be some two bit company struggling with massive debt. as Morgan Freeman says... "this aint gonna have a happy ending" somw would find it hard to sympathise with all those that are CONTINUALLY loosing money here... the writing has been on the wall for a long time now. listen to the BOD. LITTLE OR NO VALUE.... IMO only worth buying on drops for the small rebound's GLA
Hibu have been warning for MONTHS!! that there is little or no value here with the company Debt laden. wake up! smell the Coffee..move on and quit whimpering and trying to talk big
there have been many strange decisions over the last few years concerning finance. these may be good decisions in time. but you don't spend money on things that you can't really afford, when that money is earmarked for other things
back to 4p
cheep at 3.5p
at 2.88 sells at 2.80 dummy trade...and heading up stupidly cheep on a nothing rns.
soon as sell order filled should rebound sharply. dropped price to fill
be filling some large sell orders
http://af.reuters.com/article/energyOilNews/idAFL5E8LHN0V20121017
agree should be a very positive week, sp pushing on towards est value. personally think £3.70 - £4 a good target for weeks end. today looks very promising after broker tips in press over the wknd.
Nat Rothschild not happy with £480 a share..feels buying cheep!!! http://www.thesundaytimes.co.uk/sto/business/Industry/article1147420.ece Board members led by Sir Julian Horn-Smith, the vice-chairman, are expected to appoint Rothschild, the investment bank, to provide an independent assessment but are understood to support some aspects of the proposal. Nat Rothschild, who is sitting on a loss of more than $100m (£62m) on his 12% stake, is vehemently against it. He created Bumi in summer 2011 when he merged a London cash shell with a Bakrie-controlled Indonesian miner
http://www.hl.co.uk/shares/share-tips-and-research/press-tips/sunday-share-tips-direct-line,-bumi,-dairy-crest
http://www.sharecast.com/cgi-bin/sharecast/story.cgi?story_id=20426726
http://uk.finance.yahoo.com/news/rothschild-bank-wades-investment-deal-171622637.html
good link: thanks Bumi said Friday there will be an independent financial evaluation of the Bakrie proposal. If this is favourable, the board would call an emergency meeting to approve the deal, which could be held in November. Read more: http://www.foxbusiness.com/news/2012/10/13/bakrie-bumi-plc-proposal-will-need-75-shareholder-approval-report/#ixzz29ANQxdgQ
JAKARTA--PT Borneo Lumbung Energi & Metal (BORN.JK) said it will continue with its investment in London-listed Bumi PLC (BUMI.LN) after another Indonesian shareholder, the Bakrie Group, Thursday proposed to pull out from Bumi.
"To our minds the only reason for PLC to sell its stake in Berau at this juncture would be perceptions over sovereign risk in Indonesia," he added. Knights estimated the total Bakrie offer at $1.2 billion, a 67% premium to Bumi's market capitalization on Wednesday's close. Barclays Capital estimated in a note that if Bumi were to accept the Bakrie family's entire offer, it would become a cash shell company once again with net cash of $1.294 billion and a theoretical share price valuation of GBP4.83, up nearly 87% from Bumi's closing share price of GBP2.59 Thursday