Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Stockopedia has recently and suddenly classified Cpi as a 'Sucker Stock', yet simultaneously quotes a forward P/E of 4.2 ???
That doesn't make sense to me. Nor does it make any sense that when Cpi was in a far more precarious position than today, Stockopedia's classifications ranged from anything from 'Value Trap, Neutral or Turnaround'. I suggest that they are lacking in credibility and I will not be renewing my subscription.
I believe the fine, if any,is unknown but that the 25m would cover future security. Then there is the Ambulance chasing class-action litigation to contend with. I'd like to think though that the worse case scenario is priced in.
'Plain 'ol manipulation' . You can say that again Kipper9 ! Kitchen sink it at first Results presentation thus Trashing the SP to all time lows then buy a shed load at bargain basement prices with one week's salary. Nice little earner Rodney!!!
Helen Parris herself in her earlier e-mail response ADMITTED that Buyers could be put off until the June update from the CEO. That's tantamount to saying he made a faux pas on this occasion. Let's just hope there are no more unwelcome banana skins to come!
Kipper, the Turnaround has been ongoing for 3/4 years now but here we are still with more jam tomorrow promised. I accept AH has an exceptionally good record but just feel his initial statement could have been handled more positively. I hope you are right Kipper9 and that Capita will go down as a hat-trick of successful turnarounds for him.
It's certainly NOT showing the classic symptoms, of going under, as far as the balance sheet is concerned. It hasn't helped the SP that the market has to wait in limbo until June for an update with more concrete proposals. I have to criticise the new CEO on that point I'm afraid. Everybody should know that the market DOES NOT like uncertainty. He should have realised this. It is simply a cop-out to state merely that he is EXCITED to take on the role. Let's give him the benefit of the doubt on this occasion and hope that more astuteness will be forthcoming in future from him. He apparently has a good track record so if/when he demonstrates greater shrewdness next time, we can then forgive him this clanger.
Profits and Dividends are on the horizon now. Best you hold your nerve through this 'squeaky bum time'. There's no gain without pain. If you can't see the potential here, I would suggest a trip to Specsavers may prove beneficial. LOL!!!
@Kipper, Slogans are all well and good, but I'd be far more concerned if Cpi had no (or little) revenue in addition to no FCF. There is plenty of wiggle room for AH to turn things around by dint of reducing the cost base in combination with increasing margins. On that basis, I beg to differ with your diagnosis.
@Kipper9, where I differ from you is that i am NOT seeking to exit at Break-Even. My raison d'etre here is to achieve significant gains mid to long-term. The potential here as Sharehead has so eloquently pointed out is that we are looking at multi-bagger material.