Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
I know I don’t understand either why it’s valued down here?
Is it just that it’s been such a perennial let down that it’s run out of ‘mugpunters’ (other than me that is)…
… the placing price is a farse unless you say it was for management to hoover up a load of cheap shares having been selling all they could as we hit 9p.
…. I suppose I’d load up and participate in a 3.5 if I could offload a boatload via offshore holdings and opaque family trusts. Before anyone comes on and says “oh they can’t do that it’s illegal .. and they have to declare crossing thresholds” …. Behave —and please don’t be naive.
As the guy said “be fearful and selling when all around you are buying, and be buying when all are fearful” … it’s either a massive Ponzi scheme or your man is right … you are looking at the cheapest thing on Aim if you are prepared to wait a year
Get into a stock early … one of the posts says
I’ve got some Warrants I was rewarded with at fifty … that they kept moving up the exercise date to allow me to flourish by triggering them. Scant reward (they’ve now given up the ghost and let them expire) … yep that’s 0.50 (50 new money) just a six or seven bagger from here (thanks AP)
I’ve read it all now … Dazalian telling Daz 423 “you are crap at this”
The agenda fuelled Negative spin of Dazalian who has been wrong with the share price at 10, 12… 16….22 (now at 0.40 desperately saying the same, in the vein hope at one point he can say I was right) … alas that’s likely to come but at 1.5 when it drops back to 1.3….
Our market cap is 3 million
A year and a half to come up with diddly squat in sales or contracts … just some £12,500 or so trial
Pathetic on the one hand and mightily disappointed as timing and our blockchain product and use surely made it might place right time….. clearly not
….. but with margins likely to be massive… and by the law of averages even if we pitch like an 11 year old with learning difficulties…. Just for one minute imagine a valuation with any sort of contract ??… even a big company … construction companies in Africa?? … imagine trying to value it with a national contract… it’s 10 fold …50 fold !!!
Therefore the muppets that scream on all AIM companies 30p by Xmas … potentially would be way more likely here.
Risk versus Reward is awesome… but it’s always been … big bucks or****** (this last couple of days suggests we might be nearer the former if something is going on to make activity start)
Ridgecrest was going to the moon when it was 1.95 and (as always “by the end of next month”) would go to 4 and above…
XTR to 10p “by as early as the end of next month” … as that was around 6.5 … instead it’s gone down to 3.30 and currently 3/4 months later limped to just over 4.00
You may as well open the teapot scatter the tea leaves all over the floor and claim to be able to read them…. Utter witch doctor mumbo jumbo but he must make a nice living at his regular chartist extravaganza… how could you put a price on this (unless you knew of a deal or deals) without any it’s lucky to be valued at 0.80 … with a big contract .. or the U.K. govt … single digits is too cheap.
Needs an income stream desperately… and not the U.K. Morris dancers B team and the like … just makes it sound like a two bit outfit … which looking at the technology I’m sure we are not.
I know we said we were in talks with ‘helping the govt in addressing Covid options etc’ … have we ever said they have terminated discussions?? (Or just the newspaper that said CTEA would not be the chosen provider??)
Very hard to keep the faith when AIM stocks drift. I put on here a couple to three weeks back that it had turned and although nothing significant the sell price was firming.
That I’m sure was the bottom for this 0.5 plus share of last year as it halved on delays …. anyone who feels they’ve a year left in them buying and holding these will be a very profitable exercise.
Good luck everyone… although you won’t need it, irrespective of what the SP does today.
There is only one reason the share price tanked three days on the trot, prior to the placing, despite what we had just announced.
Opaque Family Trusts and offshore holdings were being offloaded by the management team … gathering together the funds to reinvest at mates rates levels, knowing they could raise the money they’d need to participate in the placing (that the lower they made it the more shares they would have for the long climb up this next 18 months).
Not a long time to wait as with a mkt cap down here, risk fairly largely removed and apart from shredding p.i. confidence …. which will tend usually to be short lived.. they don’t have to face out those they’ve just shafted… then low and behold…. ‘oh surprise surprise we were in discussions after all and heres a joint venture’ the price recovers and at pi’s expense…. most having run off suffering a healthy loss cursing and moaning.
I maybe doing them a disservice but hey do they care…. one day Buck and his team will be laughing all the way to the bank.
My only solice … they sold 100% over the placing … I’ll load mine up right now at 8/9% under what they’re loading up at.
Seems like nothing is afoot.
If anything was going on behind the scenes it would be a leaky boat…. People in the know would be doing their buying and our price would not continue to drift.
Strange that Covid came along just at the right time for CTEA to exploit the opportunities that brought as when I first bought in we had no Covid and the product would help on building sites and other workplaces in Africa and the like for Yellow Fever and the like.
I’m sure the product has just not been sold very well … and we are either ‘pitching’ too expensively with a product that has now similar competitor offerings or we just can’t sell.
Best we came up with as I synically said on here was a trial with the England Morris Dancing B Team …. it either doesn’t float anyone’s boat or one almighty jump in the share price comes one day.
It just won’t be now as word will leak and at least the flickering north for a week or so before would be noticeable
I see last night as I read posting (6 on the trot and 5 are Dazalian… pathetic) … that we are questioning delays.
Chill and one morning this next couple of weeks you’ll wake up to a tidy little RNS
(Dazalian puts…BA knows my stance he proves me wrong = holders make money) … firstly Dazalian please don’t big your part up … he won’t know who you are or care about your stance. If he did it would be irritation that if BA ever logs on the same deramper is on there replying to his own posts (that even after the drift the share price is up three and a half fold).
DO me a favour … and go back to work … I can only hope you’ve been furloughed and are due back soon at the ‘gromit packing factory’
Have to say what an ‘unethical bunch of thieves’
That is lining your own pockets by those in the know which makes AIM a casino. No doubt it rises from this shafting ‘raise price’ but conman Buck and his fellow lowlife are the big sellers who were dragging this from 9 down to 5.3 … no wonder he sticks $100k in he needs to replace the ones he’s offloaded via family/ friends (if he still has any) and offshore opaque trusts this last few days.
So much for him looking at JV partners … crook … I hope you sleep well.
PR team or no PR team I just had a top up this morning… 5.42 wow
Now it’s derisked somewhat if anyone is prepared to wait not 5 or 10 years … but six to nine months will be handsomely rewarded here. Of that I am as confident about any of the shares I hold.
Yeah I’ve been topping up this last two or three weeks ..3 or 4 times.
I’ve thought we had bottomed out before only for us to drift lower. I’ve trimmed on the way down from the fifty area, but if I’d known last winter how long anything meaningful would take to arrive I’d have obviously done a lot more. My holding is similar from originally 2013/14 … around the ‘Gatwick Gusher’ days … and rent a mouth Lenigas ramping everything… but I am not disappointed and think anyone buying now while it’s unloved, news lacking and no volume… will make massively on Alba.
Great buying opportunity… it is just starting to inch north !!
Great time to buy … as one day people will say “yeah and it was obvious it was way undervalued for its assets… no wonder the share price rocketed”
We need an income stream …. and some volume for the shares.
I agree with you … it will start to climb and the impatient, people who just jumped in as they thought a no brainer yesterday (and nervous) just bail before this steady rise.
If anything MM’s just chalk it down (their job is to create a market in order to make money) to flush these people.
It will rise with the shares in sticky hands and I too think we won’t see the 6’s again … later today
Hold its cheap this … very cheap
Gillen 22 …. He’s right.
No point using inefficient thirsty old machines either. Before it was like we were listening to music on a Sony Discman.
Will do… do I just ring the broker at ii. (and I guess my wife does the same) ???
That means my 1.4 million (spread across my wife and my ISA’s) are quite a chunk if 8.8 million is 6% of the company, surely that can’t be right?
I never bother vote on any company issues or AGM’s cos I always think it’s an irrelevance, as just a mug punter.
Don’t understand why this has been overlooked (apart from inept board at getting the story out there).
I’ve thought for awhile … unless I’m missing something this is stupidly undervalued.
Unless we get the ‘delayed for another 12 months’ gag .. we appear to be starting to get noticed.
Give Ed a shake … take his pint off him… and prep him for his annual non-Churchillian speech…
Oh Comedy Central
… I get up read the board … I only have to get back to around six o’clock last night before I get to the usual spell of post after post ‘from the same person’ … Dazalian talking to himself four straight posts .. all negative drivel as usual … what is wrong with you man ?? we are all sat on four baggers since you started warning us all ‘to bank our money and run away from Kod’
Good job still nobody listening eh??
Thanks Baserite … made me giggle as I wrote it .
…and no Dazalian
He’ll be on in a minute to say some fundamentals point to 0.48/0.49 being out of kilter
Ditto 0.12 …. 0.15 …. 0.20 and all his other twaddle. He’s currently sitting on his own in his one bedroom flat frantically looking for an angle to be negative.
The pictures been doctored… like Andrews hand in Epstein’s flat …. He’s not really stood with the minister ??