Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Afternoon ~~~ Yes, that's a very good return in 3 months ~~~ can that be maintained , i wonder ? Perhaps next year , if we have a Comp. , i'll buy a couple of thousand shares in everyone's entry just as an experiment !! ~~~ CLLN ~~~ when you do the in depth fundamentals on it please don't forget the one massive problem it still has!!~~~ It is the most Shorted share in the whole of the Market . !! ~~~ Hedgefunds & Individual Brokerages are Shorting CLLN at an astonishing 22.23% ( at friday's close ) which is a whole 5% above the next highest , MRW . !! ~~~ That is a terrible hurdle to overcome & the reason why ( for me) it has made little or no headway from the current long term downtrend !!~~~ DOM on the other hand , in my view will see a trend reversal , hopefully , very soon as the value investor sees the potential for gains from current levels !!~~~ BUT then i would say that as i'm into DOM heavily and only got a small amount of CLLN which is well into profit atm . (lol) !! ~~~~ ITV had a very late spike on bid rumours which should put me a few more posns. up the Comp. ladder but only if it maintains current sp level !!~~~ No bid and it'll drop back like a stone again !! ~~~ GL sir ~~~ will be interested to read your your analysis !! .
Just done the maths quickly and it looks like DOM is responsible for giving me , so far, only my second week this year ending in an overall trading loss , albeit atm. only a " paper loss " ~~~ Still, paper loss or not , i'm really not too happy about it !! ~~~~ GLA ~~~
DOM ~~~ Yes , cresta run is a good description atm . to be fair ~~~ But it'll turn at some point ( slow stochs. have already ) , i'm only 3.2 p off break even again on a sizeable holding ~~ So 320p will do me nicely right about now !! ~~~ GLA ~~~
I'm Back ( famous quote from Independence Day if wondering ) ~~~ Optimus ~~~ what you on about 850p to the pip ?? It hit 856.6p mid at around 3.51pm so closer to my 860p than your 850p !! Ok it closed at 850.5p , i see , ~~~ so we're both right (lol) . Well done on your holding !!~~ Well, well into overbought territory now tho' so what next i wonder ? Another go at the 862p top boll. or a bit drop back ?? task , well done on CLLN , what next for that now , i wonder ? Another go at 226p & then 235/236p perhaps ? Gs , thanks for the update .~~~ My ITV finally on the move at last , ~~~ AV. back in profit , ~~~ EZJ flying high again !! . GLA ~~~
Morning All ~~~ task , yes , can only be good news for my BT broadband contract renewal in May !! ~~ I closed 50% of my Talk posn. at 191.5p very soon after today's opening bell ~~~ should have waited a bit longer , still i'm happy with that atm . It's soon dropped back down tho' , so you're probably right over the 200dma. It's looking good for it now tho' and i may well add again on any further short term weakness . I'm losing patience with DOM ~~~~ back down today and no real sign of any slowdown in the drop .I should have taken the 3p loss yesterday and closed at 309p !! GLA ~~ off out again now as the weather has improved and looks good for the next few hours.
Closed above 240p so looking good !! ~~~ ISAT dropped at open and recovered to close higher , so a bit more overbought now !! ~~ Difficult , all this, with several lagers still in the system (lol) ~~~ Gs , stayed off the eggs today ~~~ had pineapple instead on my gammon !! GLA ~~~
City Index :- Mid :- Open , 7380.5 ....High , 7381.3, .... Low , 7379.8 ...... Close , 7379.8. Ask:- Open , 7381.0 .....High, 7381.8.......Low , 7380.3........Close , 7380.3. Bid:- Open , 7380.0.......High, 7380.8.......Low, 7379.3........Close, 7379.3. IG Index:- Mid:- Open, 7379.4........High, 7380.9......Low, 7379.4.........Close, 7379.4. Ask:- Open, 7380.4.......High, 7381.4......Low, 7379.9.........Close , 7379.4. Bid :- Open, 7379.4......High, 7380.4.......Low, 7378.9........Close, 7378.9.
MID :- O 7380.5 ASK :- O 7381.0 BID :- O 7380.0 City Index . H 7381.3 H 7381.8 H 7380.8 L 7379.8 L 7380.3 L 7379.3 C 7379.8 C 7380.3 C 7379.3 MID :- O 7379.4 O 7380.4 O 7379.4 IG Index . H 7380.9 H 7381.4 H 7380.4 L 7379.4 L 7379.9 L 7378.9 C 7379.4 C 7379.9 C 7378.9 task , GL with all that !! ~~~~~
task , ~~~ MRW ~~ not in atm. , posted a few days back i think that i got out at around 236p with a couple of pence gain. I don't think you've got your head on upside down but i do think it's making a decent attempt at a recovery after that horrendous drop on results day . To be fair none of the supermarkets are doing that well yet but up until results day MRW was the best of the big three looking at them from a price action perspective since the start of the year . ~~ The 230p historic support level held the drop nicely and it's managed a retracement back to just above the 50% marker . A close tonight above that 240p level to give another higher high .The technical mumbo jumbo is then set up nicely for a full retracement to around the pre-results 247p level . ~~ So , why didn't i hold onto my posn. ~~~ cos i'm a silly numpty , that's why !! Anyway , sun's out , birds are singing and rain's stopped so we're off out for an early pub lunch and afternoon walk to sort my cholesterol level out for the day !! ~~~~ GL sir & All ~~~~
ISAT ~~~ That's a good price you got in at Optimus ~~ You two pretty much got the analysis / outlook covered i'd say ~~~ My two pence worth would be to observe that it's currently well into daily rsi overbought ( 75) and that the fast stochs. are about to turn negative to reflect that . ~~ May well carry on into overbought tho' and make an attempt to reach the top boll. at around 860p before correcting as Optimus points out .~~ It's doing everything else right ( technically) atm. & the Brokers ( god bless 'em ) are all very positive . Just a bit too overbought for me atm. and i would be waiting for the correction / pullback to occur back to around 800p maybe to let the " steam " out of the current leg up before committing funds . ~~ Would be looking for at least task's £10.00 level then ~~ GLA ~~~ not much happening on the Index Futures atm.
task , it usually only happens when platforms are trading on Futures , there's still about 5 pts. difference between their quoted mid. prices atm. i notice , on the Ftse100 ~~~ Just posted that to give you an example of what i was on about yesterday !! ~~ They've just both gone offline again for 15 minutes , so IG do exactly the same as City !! ~~~ Well done on Talk ~~ Not bothering with XAR again ~~ GL sir ~~~ looks like A50 day was generally given a " welcome " by all !!
Hope you got a good price ~~~ I really should have top sliced but hey ho , not in a loss posn. atm. with it so giving it the benefit of the doubt for the moment Added some more DOM this morning ~~~ probably a stupid move but brings my average down to 312p , the bottom boll. band is down around 290p atm. tho' ( gulp) !! I'm banking on the well oversold rsi & the stochs. just about on the turn to get me out of the s**t ( sorry Gs) in the short term . It's dragging my weekly net profit down somewhat atm !! ~~~ GL sir ~~~