Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Just had another look on the Yu jobsite - they have filled loads of dual meter engineering jobs. There was nearly 70 on there for a fair while and now there is just 14. That's an excellent sign for them moving forward in the remainder of 2024 and 2025, judging by what they have already achieved and their stated target. Very exciting what they can do now.
Understate and then over deliver perhaps...
If ever a BOD illustrates just how normal PI's can trot merrily into the spiders webs of deceit, greed and self-interest, this would be the text book example to read through before ever getting involved with any company ever again.
I wonder how such people sleep at night having feasted off people's hard earned life savings, achieving s od all but ego boosting and pipe dreams before moving onto the next 'project'.
Absolutely scandalous and my sympathies to those hoodwinked once again by the chameleons.
Nice find - they don't really know that much about Yu specifically (he used the term 'homeowners', plus figure accuracy), but they know what a cracking company looks like and can see where the fundamentals lead us to.
Quite exciting when such individuals look over and sort of just say wow. Plus things will only get more stronger in the future as even more cash splurges in.
Yep, they muck about with it most days tbh for some time now.
We all know what's coming and so do they, so let them do their games. It's all quite amusing same as the de-ramping trolls on the other bb.
Good signs really when both things occur in tandem!
1844/1840 now up to 1K then more to buy but same to sell...
Well, NPower was 1.2 over 2.8K reviews and Scottish Power 1.1 over 14K reviews.
Yu is 4.1 over 3.1K reviews...plenty to go at from 1.4%.
Check the people writing the bad reviews and you can see it's in their nature to write them about a wide variety of companies.
I'll let the company performance this year do the talking over these tbh. People rarely make a habit of posting consistently positive reviews in my experience.
Well, the counter argument would be that google reviews are often written by bitter people who only compose them on negative experiences (check posting history). More accurate is Trust Pilot where users are verified if desired to validate their claims. The Yu score there has improved and was remarked upon in FY results RNS.
The MD has only been with the company a short time and therefore his holding is fairly small. One thing we do know is the CEO and founder who owns 52% has not sold any!
As stated below, what other company will be offering £2+/share in 2024. I think particularly (from personal experience) of the begging bowl producing, lifestyle chancers on AIM who continue to enjoy lavish 'career' at the expense of the majority of PI's savings...without a dividend in sight, merely another placing lol.
Q1 update in a few weeks time will reveal how the hedging deal with Shell is impacting the already bullish outlook based on £524M booked revenue as at 31/12/23.
'· Continued focus on customer service resulting in 4.1 TrustPilot score (FY22: 4.0). Investment in UK contact centre capability and further shift towards digital-led contact provides strong market positioning for the Group.'
Agreed. We could easily see £2+/share paid out here in 2024 in the form of the regular, progressive dividend (e.g 40p/60p) then a special of £1 possibly. Equates to approximately £33.5M.
Does any other (particularly AIM) company come anywhere near to offering something like this...
Yep, like the person having a go at me on the other thread some weeks ago when I said why would anyone sell just before a TU?
Their answer was everyone needs to sell when they need/want to sell and was I going to hold forever etc.
Can't see what II would sell now when the dividend is due in June...
Done it several times (dropped like this) at various levels £8 & £13.
Like a beach ball - just bounces back harder !
What other share (particularly on AIM) is going to hand out as much cash as Yu in 2024, in either dividends/special/buybacks or a combo of all three...
Thanks again for the info.
Good problems to have whatever they eventually decide to do. Exciting as AGM/TU approach and I can see continued interest as new ISA allowances arrive before the ex-divi date end of May.
Yep, great post again, NG.
This is emphasized by the knowledge you have acquired of the inner workings of the Yu/Shell deal. We could all summarize from the deal and 12 moths due diligence that they would both be totally thorough, but to have it literally rubber stamped is the icing on the cake.
I hope they can fill the remaining dual engineer jobs asap in order to crack the meter target and beyond. The training centre is a big advantage there also. They are known to be a top employer as well.
That poster is absolutely crazy as they arrived berating the company at approx £9 (in that persona), so looking at over 100% ROI in 6 months turned down! Still continues with the same mantra and that is despite all the car crashes that we see on the markets weekly, if not daily. Truly blind beyond comprehension and not much sympathy this end.
Carry on with your excellent posts. Much appreciated by me and all other genuine investors I'm sure.
Fair play, NG. I just saw this and had to re-post !
RE: No rns ?18 May 2023 07:57 Gacky
If this lack of TU is due to a corporate action, I hope YU is doing the buying! I don’t want us to be taken over for £10 to £12, Not when this share will be 18-20 in ten months time based on our 2023 p/e.
Hats off to you!!