Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
I agree Nine2five, back to 72-4 but I do think it will fall into the fifties in Dec which would be a good time to invest again, this stock will hit £1 but I don't expect that until 2015 half year. I'm in no rush to sell my holding it owes me nothing, my big concern is the plant side of the business. The tool side is currently under a massive restructure with regard to depot locations and that includes workshops, thank you for your response to my question, some others can only say good morning and hope for a rise..! Quite staggering really that they can't offer anything else..! & others also.
So the Kid is full of BS...! The exact response I would expect from a child, I'm still waiting on your words do wisdom Macaroon..! You are also welcome Boldtoy to tell me where you thing the SP will be in Dec/Jan..? This stock will come good but not for at least 2 years, your knowledge with regard to SDY is very weak to say the least. To see the biscuit wishing everyone good morning and hoping for a good rise today really is a joke. The mans a buffoon. Filter all you like, it will be in the fifty's before Christmas...! 100%
Will hit the high 50's today.
Maccaroo, big shoes, red nose, a flower that squirts water & a bucket of feathers..! Sound familier to you..! Your knowledge of SAS is beyond belief, seeing your posts day in day out, hoping for a good rise today..! Blaa, Blaa Blaa. I really do think you have to many prawn cocktail crisps. The SP will not hit 80 pence this year..! Get ready for a dip just before Christmas, better still you tell me where it will be Oh wise one..?
I'll be glad when I can dumb my speedy holding, remember all you dreamers the CEO only has 2 years left to make an impact..! Needs to crack on don't you think..!
With respect don't expect anything until year end, the SP will recover but the big pound is a very long way off. The plant side of the business has to be...! massively behind budget year to date. Speedy have invested heavily in the new restructure of depot locations and it will take considerable time for this to reflect in profit. The overseas side of the business is worrying. Please go on holiday again, it was bliss not seeing your foolish posts..! : )
Let's see next week all you dreamers..!
Mr C started the cross hire of large plant within Speedy, the cost of testing, breakdowns deprecation fell at the feet of the supplier. Now Speedy have chosen to purchase large plant and the hire rates to the big nationals don't even cover the depreciation, even worse the cost of a tyre on a 6 ton dumper..! Local independents who have survived the recession in all parts of the country will always beat them, in every way. That's why their still trading. 25K machines sat in a yard doing nothing is insane. And as for the clown who thinks to prep a machine and pass that cost on to the customer is dreaming..! Small tools and access (tower) will always return more. Haulage costs are huge, cost, maintanence the same. Leave it alone.! In the fifty's soon..!!!
Exactly.! The depreciation of large plant, the labour costs to maintain it, against the revenue when hired against small tools, it's ridiculous. The new HSE legislation when turning round plant kit is now half to a full day..! A breaker is minutes..! A six ton dumper for £75 a week..!!! A TE706 for £50 do the maths..!
Buying Speedy, don't be foolish. Both Speedy and A-Plant have opened 2 massive superstores in one large city only recently with plans to open 2 x large plant depots in the same city. With respect I'd do a little research mono51 before posting,
Massive investment and big restructure of service centres, the tool side of the business is very strong. The plant side is well behind budget and the margins are ridiculous & that's being polite. Tools are hired out for more than 15K machines....!! Why the big plant god knows, stick to what you are good at and leave the big stuff those who do the same.! I hold stocks in Speedy but the plant side frightens me..!! it really does.
Buy on rumour, sell on news..! Walk into a Speedy depot and speak with the staff, listen to what they have to say..!!!! Be a secret shopper, it's not hard after all. Let me know what you hear.
Refinancing means they will fall.! Maccaroo, let me guess..! You work for SAS and these are the only stocks you have in your portfolio..! Speedy will come good but any dreams of 80 plus in 2014, NO..! Speedy are trying to enter the market with large plant, they should stick at what they know, small tools, with the light plant. Supply agreements with big nationals with very little in the way of return (Profit) is not good business practice. They will be at the low sixties soon and could even hit the high fifties. Look at other companies that pay dividends, eggs all in one basket son.! ! Oops!!!!!!