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Jed has me worried. Someone close to him possibly needs power of attorney.
Got to love the old guard. They cannot hide their panic and sheer terror. Everytime the share price plummets they come out from under their rocks with shrill proclamations that people will be buying or a takeover will happen. Utter nonsense. One of them even said yesterday that this would not go below 67p..... That lasted long
Sorry old gits, but this dog is crashing down into the 50s now. No knight in shining armour coming to the rescue and most buyers are waiting for 50p. 59p will be hit long before this ever reaches 70p again.
Nigeco has taken a backseat but his backup handles are busy defending his honour. Robs and Janus. Anymore that he can login and out of?
The only show of confidence that means anything is the share price..... Down close to 2% today.
Potential investors be aware that this is high risk and never lives up to the claims of the long term holders here.
Goldfinger inhabits the other less reputable forum with the spammers and crazies. Only NIgeco ever attached enough significance to his fantasy stories to re-post them here.
Nigeco it appears has taken my advice and finally done the walk of shame after urging people to buy at £1.20+ with the promise of a £1.70 exit point. The penny finally dropped and he accepted he is not cut out for investing or giving advice online
Both Goldfinger and Nigeco have claimed to know people on the inside and to be privy to inside information. Why anyone would trust them with such information given that they then go and post it on the most public of forums is a stretch of the imagination. If you are doing something that constitutes market abuse you do not share with people who are intellectually challenged.
Rampers and their lies. None of the promised bids have come to pass but it makes a great distraction
I am with Sunny. I reckon the Goldfinger bid will come down in the next few weeks and be 70p after his contacts in the US have shorted this all the way down to 40p
Good news on the Gay only fans show. Finally ITV are making content from the prison population and old ladies in nursing homes.
And immediately the share price rises.... The FTSE 100 was always going to be nothing but bad comparisons for such a small company.
Now it is in an index where it is a big player. Even £1 might be possible.
The £ has been weak since Brexit. Confidence already at rock bottom. Cannot see that getting any worse. The euro is the currency that has been taking a real hit recently. Once Italian banks collapse the whole Eurozone is at risk.
You have me all wrong. I think the UK outside of the Eurozone is better positioned for this coming storm. We are not saddled with having to bailout Euro banks and governments this time around where as 2009 we did.
What is coming down is unemployment, austerity and mass migration in Europe. The UK will be shielded from some of that but it will also impact here.
Global recession is here. Could last a decade before spending and share prices recover.
Go to Greece. See what Euro dictatorship and imposed austerity means. They lack basic services. Education is now appalling. Multiply that across bigger economies such as France, Italy and Spain and you will see a crisis in confidence and discretionary spending. Mass unemployment. This will spread to the UK.
Sovereign debt crisis. Too many European states will default going forward. They are struggling to raise bonds now that interest rates are rising. France with a retirement age of 62 cannot balance the books. A whole swathe of southern European nations will be booted from the Euro zone.
Boomer words of wisdom yet again. 50 years ago there was not the same levels of consumer debt and mortgage lending. There was not such a global economy, interlinked and with such high amounts of borrowing.
Different world and your age old advice of continue to hold and never sell because things will always bounce back will no longer work. The Eurozone scraped through the last financial crisis. This time with covid spending on top the governments will not be able to make debt repayments as interest rates on bonds climb.
As Contrarian stated last week, look for an exit point. Stocks are going to lose value. You want to be one of those investors buying at the bottom rather than one of those Boomers who holds and sees their net worth plummet.
Right now anything is possible 50p would be a great entry point only there will be other shares similarly down where there is a competent BOD in place. Tough choice. Dow looks to have stabilised for now so 65p may be the temporary low. Nikkei will open after midnight so will be worth watching where Asian stocks and then the European markets go.
This is perhaps the biggest crash in our lifetime coming up. The issues of 2008-2009 in London financial sector got fixed but elsewhere they just got papered over and the same old risky lending just picked up all over again. A lot of pensions will get halved. Grim times ahead.
On a day when every share is tumbling, ITV makes it into the top 5 fallers on the FTSE100!
Things will only get better once it is relegated to second tier.
Sunny on a brighter note for the UK, it at least ranks no.2 in the world for foreign investment in tech. Companies like ARM in Cambridge might just be the way forward whilst manufacturing in Europe sees lower levels of profit every generation.
Agree on property though. Some real terrible property being sold in London at over inflated prices. Cash buyers only on apartments that are 10 years old but now do not meet fire regulations since Grenfell. They still get buyers who want to rent out death traps.
And another oldguard. Beating the positive news message whilst the European economy is going over the precipice. Giving false hope when realistically this share is not going to recover for 12 months and beyond.
We are heading for a reckoning in Europe. One which Brexiteers may have seen in 2008-2009 where we Brits were bailing out reckless spending. Those state pensions will be worth nothing, state pension ages will rise. That in turn will affect youth unemployment as jobs will not be vacated.
We have a decade of economic hardship in some of those EU states teetering on bankruptcy. Large scale migration from south to north.
I think this is finally crisis point. Economic meltdown in Europe will become the main news story in the next few months. That in turn will impact on UK stocks, consumer spending and just about everything.
Solley's promise of a recovery around the corner look even worse now a few hours in........ 5% drop and Solley could not have got it more wrong. Solley you really need to keep up with economic news so you are not caught out when these big global market readjustments happen.
Hopefully this downturn is short but I am of the idea that the Italian, French and Greek default and crash out of Euro that has been on the cards for 14 years will now be forced through with ever increased lending costs. The central governments cannot continue just to borrow their way out of economic hardship. France needs a wholesale change in pension age and to drastically reduce state spending.
IF????? Solley read the news. Emergency ECB meeting yesterday. Interest rates rising means government debt levels across Europe are unsustainable. They will have to reign in spending and cuts jobs. Meaning less money. Cryto currency is on the way out. You are realistically looking at billions and billions vanishing.
Yet you still want to beat the positive recovery is just around the corner message......