Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
With regards to the two board members leaving I would actually say you may be reading into it more than needs be. The first CFO that left was no problem, just a career move. I met with Chris Chambers when he took over, seemed like a nice guy and had everything under control, he's now pulled a fast one and said he doesn't like travelling with young kids. That not good for your CV actually bringing a FTSE listed company into disrepute. Anyway, you may be right about holding off, but I just managed to get in and out again today so hopefully this battle continues, one day I may actually keep a few!
Because no one on these boards has the power to move a market. I have seen trades I do take out bids and asks, move it half a penny at most, but its the algo trades that move the markets, hitting the bids/asks constantly at any price. Yes I do agree that some posters had just pointed at a past chart of the SP and said this looks a good place for it to get to. I would say though that it probably isn't a bad long term investment from here because the interest rate environment is looking like it will be a rising one to stave off inflation and with no debt and no reliance on credit facilities to keep growing figures/growth wont be affected.
I did not proclaim you had the power to affect the SP.... You strike me as a pessimist, more than likely a risk manager in some form or another. Anyway, I have no problem with you, I just find it funny that you only post things with a negative connotation. Fundamentally the business is sound, the problem arises with its liquidity and the holding sizes. If a fund manager wants out there isn't much resistance, at the slightest sniff of a big seller the market moves out the way. Creates opportunity for the likes of me so I don't mind.
Fallingknife, have you ever even been in a REVs? I assure you they are far from quiet. Anyway I appreciate the drop so I can buy back, quickest grand I ever made last week. Keep up the de ramping kid.
I owe you an apology then. It does look like there is a computer squeezing the SP again this morning. It has no chill, just constantly taking out the bid and moving its ask down.
Who knows. I'm pretty sure it was yourself spouting some tripe about 60p last week though....
Blatant de ramping there sir. You cant throw accusations around when you yourself are guilty of a similar crime.
Makes the sunshine even sweeter! I did try and warn falling knife..... Anyway fingers crossed for Tuesday, hopefully heading back to a more sensible valuation.
There has been 45k go through so far, looks like around 35k was buys. 1156 went through on the auto trades (algo) and took the bid out twice. It can be moved wherever its wanted.
As was mentioned yesterday by another poster, the daily article by investors cron had revs as a buy with 4% yield. Well it has a full page spread on page 12 of the weekly mag, hopefully help the SP to regain some of the ground its lost over the past week.
110 - 111. Not bad considering where it was mid morning! Some decent size on the bid. Only reason it didn't finish at 112 is someone on L2 removed their bid during the auction which meant 539 shares went through and pushed it back red. Inv cron will have something about RBG tomorrow so expect some buying around 10am when everyone gets their post.
Profit growth hasn't gone negative. L4L sales slowed in the first quarter to 1% growth and that's mainly due to CFO leaving/wage rises/overstaffing new bars and two main sites being closed for two weeks for refurb. Because your spouting nonsense backed up with nothing other than "gut feeling"
Yes yes go ahead. I'm just trying to stop you looking silly. But be my guest.
You obviously don't look at fundamentals much.
You are also right fallingknife, I was watching the L2 yesterday and a lot of the trading was just above the bid, its not a false level as such its just that there is a seller/was a seller in the market, this is grossly undervalued at this level. The update may have warranted a 30/40p drop but not 50%. As with all shares, drops and rises are overdone. There is a fair value somewhere and its above here.
Sell; hopefully that was the last sale from the big algo seller! Finger crossed
It just dropped 8p in one move :/
Its as if its being squeezed by someone. The ask has a bit of stock around the 112 level and then a gap all the way up to 118. But every time stock is bought the ask moves lower and the bid is taken out. Strange trading.
http://www.stockopedia.com/content/small-cap-value-report-fri-19-may-2017-part-1-rbg-g4m-186427/
Domino's Pizza (Buy, TP: 510.0p) Buying opportunity: quality growth at 20% discount Shares in Domino's have fallen 20% since its preliminary results (9 March). We examine whether this correction is justified (answer No) and address concerns identified by some investors. Despite slowing lfl sales, we retain confidence in the cash generative (80% FCF conversion), high ROCE (44%) model. We do not expect LFL to revert to double digit growth, but we do expect system sales (the key signal of health) to remain in high single digit, in line with the growth for the wider delivery market. We think this share price fall offers an attractive buying opportunity.