Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
No I don't meant any bad news with the company, in fact it's good news so far with profits up plus special dividends. May be he is selling rather than cashing in the fat payout on dividend because he received an invitation from Therasa may for the meeting, he can see future squeezed on profit by the government interventions.
Why the Directors sell at a lower price and not wait to cash out on their dividends?
Why don't you click on view more Barratt Developements Directors Dealing above, you can see other directors are also dumping their shares from 22nd September at a much lower price than now, why are they not waiting for cashing out on their dividends. Must be some thing seriously wrong.
Forgotten ban on rental fees, that's another government intervention.
See from the list of attendee, David Thomas, Bdev CEO attended the meeting, He sold 400,000 of his own shares on Friday 22nd of September. He must know something we don't. https://weekherald.com/2017/10/18/barratt-developments-plc-bdev-raised-to-outperform-at-credit-suisse-group.html
If the government can put a price cap on Broadband and price cap on Energy cost, I would not be surprised that they will come up with a price cap on property or something close to that. Who could think of what the government have done so far, if you think UK is a free trade country, then you are wrong. They are moving bit by bit towards communist. Jeremy Corbyn are even worst, he would nationalised house builders to solve this housing crisis. What do you think house builders being summoned to meet Theresa May is about, offering them more profit? definitely not, Theresa May just want them to built quickly on the lands house builders bought, this will squeezed profit margin because they have to employ more workers and release the houses at cheaper price by flooding the market. House builder profit from buying land when it was cheap and releasing them slowly to control the price. Also the government demand social housing must be included in big development sites sold to the council at cost price as a terms and conditions of getting planning approvals. That is already new existing planning rules, this another squeezed on profit.
Well you can see what the government have done in the past, OFcom fcuk up BT shares, Theresa May fcuk up the big six energy company shares with price cap. Now many people especially the young find it impossible getting onto the housing ladder, they will do anything to win young voters heart. Government could introduce a price cap on property, on rent, ban foreign buyers or even increase property tax for multiple homeownership.
The Government are communist, they are up to no good for investors, the farer away they are the better, when government start talking about housing that is no a good sign. Look at SSE and CNA, those are my favourite dividend share of more than 6% return, the government price cap have fcuk up the share price to rock bottom. Imagine what a cap on property price would do to our share.
Worst thing is government intervention, they will end up seeing profit margin squeezed. Nowadays, all planning permission granted to big private development sites must include social housing as a part of their development which they have to offer to the local council at cost price.
Thanks for your advice, I suffer the consequence of being too greedy back in year 2000, I was making 30K a day but got too greedy by kept holding onto the share and loss 400K, when share price rocket up too high there are the danger of bursting and I had been standing still waiting for it to go back up but ended up as a casualty of stampeded. So Now I learned the lesson, when people run, keep running, never stand still. So I may miss out 2% of further gain but atleast I sold at a safe and comfortable level. Not to worry about my bank account, I have made it back ten folds, any losses are from my winnings.
Hey, doesn't matter what price range it goes up to, The most important is I made a guaranteed profit by selling at 678 from 460 purchase, I made additional 5K on shorting at 683 and closed the bet in good time. Made another 2.5k this morning shorting at 789 and closed the bet after dropping a few pence. Now I am hoping for on last chance shorting at 695 but this time for a longer run closing at 650. I have been ahead so far riding the waves and I expect a tsunami coming if the share get anywhere near 700.
Damp, missing the boat, only if it goes up 5p more that would have trigger the short bet. Looks like some one is starting to run earlier than I thought.
Yes me and many others have placed large volume short on the share at 695 if it can reach that level. I wouldn't wait for 700 because that's when every one is crazy selling, the more buyers the more sellers, every one buy and sell for profit, so when there is a buy there must be a sell. Only an idiot kept holding onto the share when the price is at its peak.
Getting a bit bored, the price is not moving, no matter up or down I ve got it hedged. You can only win by riding the wave, the share price have reached such a high level, the only way is down. All of us are planning to sell before or after exdiv, I can see how the price will tumble, it's just a matter of playing chicken game at the moment to see who can hold onto their shares longest. When people start running, there will be heavy casualties from stampede.
If you held a shorting account, they let you have access to future order informations as a market sentimental indicator. So you can see the percentage of short/buy at different level of future share price.
I am afraid you misunderstand, 98% are for orders placed but not yet executed, these are orders for 690, 695 and 700, once the share price trigger the orders, the share price tumble and the shorter profit from this spiralling effect. short tracker only indicate executed orders, that is less than 0.5% that's why the share price are going up because there are much more longs than short.
Just made �2500 this morning by shorting at 688.50, Thank you for sending over your cash to me. Will be waiting for you just round the corner. The only way is down, resistance is futile, hahaha!
You just don't like me because you are guarding this forum as your territory, well, I am here wether you like it or not. I sold my at 678 to guaranteed my profit bought at 460, any increase I have missed out, I can always place a short and make additional profit from it. Yesterday, I already made additional �5k. Will short again when the time is right, the share is over bought, the only way is down.
98% of traders are waiting for you just round the corner, they all have placed large volume shorts on order, just waiting for people like you to ramp up a few more pence and they cash in from it. Once the shorts are triggered the price will tumble. End up seeing your profit going to nothing because of human greed.
Hey mental, you really need to get your head fix here. I am only talking facts in this forum, not ere to ***** fight with you. Any body who is sensible know about the facts.