Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
You do realise the SP is just off the lowest its ever been, a messily penny is hardly worth celebrating. So, wrong, they are still a pile of crap and will be until they start taking in longer contracts with higher values. You are clearly not informed. GL none the less.
just get their act together and start making more and better sales with the exiting product given the greatly enhanced sales team, oh, and get a new CEO on board who knows how to shift this lot into gear to get the SP heading, at the very least, north, preferable, back to where it was a few months ago.
For what reason, where does it have to be "manipulated" is some form? Is the price not low enough as it is, where do "they" need it to be? I suggest to you that the SP ahs dropped this low because there is zero chance of making a profit any time soon and the BOD/SS the rest are not performing, hence, SP where is it, quite simple and a more plausible reason rather than some unseen crooked hedge fund or similar controlling it to meet their own requirements!
next stop before going lower I suspect. I have come to the conclusion and resigned myself to the fact that I will have lost everything I've invested in this dire company. Emailed the chairman this morning just to let him know he has done a terrific job getting the SP so low so quickly. don't expect an answer.
to me the product is not what its been hyped up to be and their sales strategy is not working furthermore, I suspect the market pricing of this product is a problem too, the size of the contracts are tiny for the size of the workforce and overheads. It will never make money at this rate. What's even more concerning to me is how many other companies software products are licenced to make this one work, its not clear and it would have a big impact on growth and any potential purchase which is never going to happen. I made a very bad move getting into this lot, worst to come IMO.
you can't even make this look good. as I've already stated, many times, this lot are useless and, I'd get out but, 'm not willing to lose all that cash so am locked into this pile of absolute crap with a bunch of losers running the show. The future looks bleak 8% down on a trading update and we were already around lowest point for 52 weeks.
Maybe they can't sell it because its not the winner I suspect we had all be lead to believe, or the company is useless at sales and support or SS & BOD don't have a clue how to market the tool properly, still no CEO! £100K contract, hardly worth the mention. Max 1p for new CEO then what, odd £100k 2 year deal, joke.
Well, they've had plenty of time (years and years) for word of month and referrals and that's produced how much profit.....eh......zero, exactly zero. It's about time there was some movement within and I guess SS IS peobably responsible because is so key to the whole thing, given it's his baby and he has plenty of cash, why should he bother his a for shareholder? Dah, we are all mugs, Especially me. ;) GLA, but I suspect you we won't find it here (or for the donkeys that pick up on autocorrect should that be hear, eh, what's that you say?)
BOD should be ashamed of their performance and that of the SP. AGM will provide nothing new, simply because there is nothing new about this lot, same old same old,. Still losing money, no CEO even now, sales rubbish, BOD crap, product even questionable given BBC have not signed this lot up All IMO.
Read what the company put out, what they are achieving with the cash they have raised and , you will see that they go through an awful lot of it and achieve not very much and certainly, no where near a profit. I bought in because I though they might have the IP for larger tech to use in video but, I now see that was pie in the sky. GLA.