Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Private equity group would love this. Give it two years tripple the value and then sell it on as a leaner, meaner more profitable brand Tom someone like LVMH.
The brands name alone i would imagine be worth a fortune. As the saying goes 'dont invest is good companies at great prices invest in great companies at good prices'
TED at these prices will see me well for a good couple of years
I have had a holding now for some time. I will only top up once we start to pay off the Mezzanine loan. It pains me to watch as the interest is adding so much value to the loan each year. The repayments we are making is providing some security buts it's coming down to slowly and it's amazing how many millions we would have paid out in interest alone over the next few years
Does anyone foresee this arrangement or the loan facility being renegotiated now we have had a good year of showing our gold productions ?
Stand on your head. You may understand more.
Sounds as if its won already!
If it has these SP levels will be a thing of the past. Honestly starting to feel RR. Is going to be one of my best long term investments
I just got back too.
Honestly never seen a busier cinema. Couldnt even get popcorn it was that busy so settled for some ice cream instead.
Felt so good to be back out again. Staff all said never experienced it as busy as it's been.
No way this is being kept below a pound after the next update.
Oh and may I say I cannot believe how expensive the cinema is now. 40gbp for two tickets..... that or I'm being a tight git???
Last year update was the 8th.
I'm predicting the RNS looking something like this
We would like to advise Shareholder that we are in the money
$$$$$$$$$$$$$$$$$$$$$$$$
-the end-
ST -
Agree with most of your points but really hope they stay away from further acquisitions in the near future. They need to concentrate on this one asset, get the numbers to prove they can do the job. The 5 million my guess will only keep them going for so long and from what I can tell they are not hitting their oz yet and have a huge wage bill.
Would we prefer them to come tapping the Share holders for 5m usd at 1pps or come for 5m when they have shown their worth and got the SP to 5p or more?
It all adds up in the long run.
They were 30p as the whole world shut down and in many peoples eyes the world was ending.
Just like many stocks they were battered.
This is not a zombie business, look at the dividends, they are make their own cards, resell in other shops and have a growing internet business.
This will never set the world alight but everyone buys cards and will continue buying cards. The management have continued onto the fact that they can upsell and thats working.
I dont understand how anyone can think things can get worse than what we have just gone through. I'm also sure once the debt issue has been determine this will start to gain ground.
Could you imagine if this update was filled with bad news?
I had to keep going back to the report today to see what I had missed and understand what I had got wrong.
I really think this is the best top up opp. Next report will show how well things have recovered IMO.
GLA
Some good points raised there Tovers.
I do think next results will be very upbeat. It is a shame about the debt they need to repay as I thought we would be given clarity on this as it's what is holding us back.
I'm not worried at all, with many other shares recovering well now from the pandemic I now have time to move more shares across to CARD for the inevitable re rate
Dont forget the results are to end of July which was a very different world to what we live in now even though it's only a few mo ths back. I personally think they can see the tills ringing at full capacity now and can see the repayment can be covered otherwise they would have just issued more shares and be done with it.
Given the stores were closed as it states for 10+ weeks then debt repayment I feel is excellent:
Net debt (excluding lease liabilities) reduced to £96.5m from £107.7m as at 31 January 2021, continued focus on maintaining conservative yet efficient capital structure
Imagine if we were living ina normal world. Many shops out there are struggling to break even. It also shows they have their priorities right.
I agree this should put the 50s behind us.
I was looking through previous company reports again pre covid and honestly these guys were just printing money and paying out millions in dividends alone.
Let's get back to 100p +
I was expecting more movement tbh.
I cant see much downside where the SP is now. Hoping to get back to closing that 100p price tag in the near term.
Biggest thing holding everyone back is the 70m requirement. Clarification on that and it should help us
Only you can make that decision.
For me I brought for long term recovery and so far after a bumpy road we seem to start to see some green shoots.
I am looking forward to when we start seeing all the engine service revenue come rolling back in.
So to keep this balanced please also highlight the massive sells that popped up also and that these sells outweighed the buy so is probably the reason for the drop.
Be careful of those who only flag up the buys. Keep it balanced
Hey unityTwo.
Thanks, I'm pleased someone is seeing I'm not deramping but only trying to get the right balance and expectations. Debate is always healthy.
Who knows they may pull it off and I will be very happy for you all.
Netflix are so large and under pressure to keep growing, they will pay what they need to pay.
What we are about to possibly witness is the next step to support cinemas for the future. It is setting up goliath to see what extra revenues they can potential generate going to movies first. This is going to be exciting to watch. If it works I wouldnt be suprised to see cinemas taken over by Netflix, Disney, Amazon.
I'm watching, popcorn ready.
Basically they are doing a try before you buy :)
I've had a few sherbets but it made sense in my head.
Netflix are under pressure to look for new revenue streams as the market for VoD is saturated and growth is stalled.
It looks like they are going to try and make some dough out of cinemas for their more premier movies. This makes sense.
Therefore all I am saying is if it works Netflix could buy cine without blinking due to their size in comparison. They would make a ton of extra cash as did CINE prior to covid and build on their movie business knowing they are maximising profits in all areas.