Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
I’m hoping it goes down to 370 next week, load up and watch it fly from Nov 30. This is the bottom as per the plan! Next year we’ll all be rewarded for not panicking
It ties into the Las Vegas event.. the AWS details may be bigger than we thought given this timing
We are on track.. so much scaremongering going on. Though this stock is unpredictable but for the patient I’m certain of a multibagger here
As expected. This year was never meant to be a growth year. Actually the plan is on track but seems many expect more
I'm with Quin but hope I'm wrong. Either way I'm still expecting a multi-bagger against a 2-year horizon - at least 15. Sounded to me in the last results call in July, that this year is still a transitional year, one-off's costs remain. What may drive this upwards is the forward outlook from Murdoch, even if results remain poor. He promised he could only announce details on the amazon partnership 'later this calendar year' i.e. Nov 18. This is what I'm most excited by. On results if poor, will the market focus on this or next and future years outlook?
Very smart move.. puts debt into perspective and gives a clear validation that the overall business value is huge
Expect lots more detail on the AWS deal in the next statement, that was the promise from the results in July.. It's the promise of next year that will fuel the price potential imo
Hi YHAL. I'm jet very curious why you seem to be obsessed with this stock? I notice you have only just appeared on there regularly, and find it curious why anyone would bother commentating daily on a company they have no interest in.
In short this isn't 'most stocks' its behaviour sets it apart!
SP drop overaction, huge upside; hxxx://www.gurufocus.com/news/1469538/micro-focus-remains-in-the-penalty-box
Licensing being the first step before maintenance… in theory the 10% increase in this area should naturally filter through to be future maintained revenue. That’s what I expect and was touched on during the call, 2020 licensing was -20% so a big turn around here at least.
For all the scaremongering. Performance was still ahead of expectations, with the turnaround on track.. Seems the market expected more though, perhaps unfairly.
Yes, but there was no div at that time.. it had been pulled which wouldn't have helped. The div + commitment to increase it should act as a counter to such a fall, I repeat should. :)
well unless its 10 with then next year, it likely will get bought imo. We need a climb before then to prevent
The issue with patience is imo, we might get bought at a low price vs potential.. on the plus side though this remains in recent range, i.e. with this stock its not abnormal to drop 20p and bounce around. Another + point is the opportunity to continue buying at a cheap price but already heavily into this and want to process towards my 20k price target at some point.. For newbies coming into this though this is a great opportunity
Still think this rather boring update, confining what I certainly expected anyway is enough to get funds to commit? Still more excited for the Q&A later for a clearer indication on progress, expectation etc.
Personally, not concerned with any drop as I think this will just be bought if the SP continues to at these low levels, however preference is for a steady increase over 1-2 years upto the previous heights
Good point re funds. I’m not anticipating any issue on that part, fingers crossed!
It's all about the forwarding looking statement and context tomorrow. The results are already broadly known. Rather than the RNS, its the webinar that I'm excited to listen to, where the prepared statements make way for Q&A's.
I'm joining the party and bought in. Last weeks feature on UK Investor Magazine tipped me onto this one, where they gave the company a rave review, been tracking an eventful few days since.. GLA
@ nuri123a. The div is not yet ‘paid’ in accounts of investors like myself.. still waiting.