Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Management has made a bad moves millennials don’t want this they want yolos and Robin Hood trading
They better consider using any extra profit on share buy backs because the rate of dilution is ridiculous
The problem is, is customer retention sucks and so the does the advertising so IG is only good when the markets are choppy nobody cares when they are boring
Why does everything have to be shorted???
Bonds are falling because it’s very doubtful any of us are ever gonna get our principle back from metro... doesn’t need to short bloody bonds..
Nobody wants the risk premium associated with metro and I’m underwater on mine...
I have asked several time’s if there is any reason that metro couldn’t use rate setter as a REFi mechanism, to buy back outstanding bonds using RS users cash give them cut interest rate...
but so far nobody has a clue.
We need to lose some BOard members here obviously not good enough to handle the company during this crisis
Are we just riding up to ex div date here?
I picked up a few at 185 earlier naughty!!! Didn’t expect this !
I think it’s the Americans tbh the rise starts at exactly 2.30...
This is the one thing I hate about small companies is the wild swings either direction... I’m more of a boring slowly up kinda guy... but hey atleast it’s in the right direction :p
Metro banks bonds are pretty much junk that is still paying..
I doubt they would bother trying to get refi from the market at these rates or even be entertained without offering a ridiculously unworkable coupon..
But is it possible/legal? If they acquire rate setter which has an annual projected interest for investors of 3% they could funnel rate setters money in order to refinance their bonds at a much lower rate than they are currently paying ?
How much money goes through rate setter?
Would be pretty funny if they got a hundred mil and bought back most of the 23/28 bonds.. which trade at 42/100
The only thing we can do on this board is wait..
We all know that it isn’t going to be pretty when we see the financials and the debt we will have accrued - maybe that extra 2 weeks cost us some money mr Johnson...
Then we can move on from there.. most importantly is how we get moving from there.. we were a little shining star pre covid trading at v high earnings multiples.. I didn’t buy till after Covid but I’d always wanted to.. there is no point arguing at all on message boards. I read the MTRO board because it is hilairious !
So all we can do is sit and wait and then see what happens.
Greggs needs to sort it out and move back to normal working practices ASAP we can’t afford this atm
I think 250 is where I’m aiming so...
I think we took out 170 too quick maybe consolidate at 165?
Greggs is a national institution
Tbh with you big smoke, it’s all in fragmented share buys... so I would say it’s a few different people all put together...
JPM isn’t allowed to proprietary trade so they can’t own shares “just because”