Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
What the diddly has happened here? Every time I come for a look I’m another 10-20% down. This is now beyond a joke. Any serious answers as to why this has happened? Are we screwed and there is more at play here than what we know?
I want to be proved wrong. Perhaps I’m being too short sighted? I’ve been on a roller coaster with this share from buying in circa 11p, watching it fly, being wiped out with a stop loss and getting my stake back to buying in again, with a lower overall average than I originally had, only to see it tumble - the stop loss was removed this time as I did indeed get FOMO when it triggered. To some I won’t be classed as long term, but I’ve been here since summer 2020. No agenda here - just want to see hard earned money do well. This was a personnel post - probably too personnel for an open board, but what I’ve mentioned probably resonates with a lot of genuine share holders here. Right I’m off to lick my arse, I mean wounds. Woof.
As a long term holder, this is making me feel very foolish for investing here. Cannot justify putting more money in for new curve balls to come in and crush it - seeing thousands wiped of an investment is not a lot of fun. I thought I had done well with an average of circa 22 flat, but this just shows I was way off the mark. You live and learn - and this has definitely taught me that nothing in investing should ever be taken as a given. A break even point for me is the catalyst to sell at this point and look for other opportunities. Woof.
How long does one keep topping up and averaging down ones position? Is there a limit? Been doing this since February this year but there is a point where I am struggling to justify keep putting more cash in only to see it fall day after day. Each time I’ve bought I’ve been really chuffed that will be the floor but each day is another lovely kick in the d!(k. I’m not interested in selling up at a loss, but would struggle to justify more funds into it as well. Rock and a hard place spring to mind. Woof.
you would still have an anaesthetist or intensive care doctor with 20 years of experience proving/assisting with treatment - this technology is not instead of that. its just a way of improving the outcome of treatment further.
I sent this email to LIDCO at weekend and got the following response - this to me suggests that there is no reason for this panic selling and drop in share price that we are seeing at the moment: Dear LIDCO, I am a share holder in LIDCO and bought at the top of the recent spike at circa 28p/share - can you explain to me the rather worrying retrace in share price this past month?! Are there any reasons that personnel investors are not being made aware of? Kind regards. The response was as follows: Thank you for your email. I can confirm that there are no reasons or information that personal or institutional investors should be aware of that have resulted in the drop in the share price over the last month. You will no doubt we aware of our last RNS announcement made on 12 February when we stated that revenues for the year ended 31 January were up 20%, slightly ahead of market expectations and that the company expected pre-tax profits to be in line with market expectations. Unfortunately there is little we can do in the short term to affect the price of the shares as set by the market makers. We will be announcing our results on 29 April 2014. Regards Paul Clifford Finance director
Where do people realistically see this share price going? With it being so low there is huge room for growth, but I thought it may have taken off a bit more so far than it has done. Big rise after results get published?
So the study seems to show that the product does actually work once the erroneous section of the results are stripped out. Which is why the NHS is buying into this product. The NHS has vastly experienced guys working for it both clinical and managerial - they wouldn't be buying into a product if it was no good. Seems to me that people are panic selling of the back of an article that is aiming to discredit the product that LIDCO sells. I bought at the peak of the rise stalker in Jan so am down, but what are people's thoughts long term with this stock- I still think it's a good one and am prepared to keep my money in- the. I company seems sound, the product is good, they are making money and a cash strapped NHS wants products/ideas that will reduce the number of beds required Nd reduce patient time spent in hospital- LIDCO can help with this.
lots of sellers, not many buyers, people chickening out when the tough gets going, but "hold strong and stay long" and you will reap the rewards
why is this share not flying - this is a good company run by a solid guy - should be pushing forwards but has just stagnated for the time being........IT WILL COME GOOD! keep the faith!
what did the times article show - just tried looking for it but can only read first paragraph or so. Im invested here so im keen to know any news!