Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Drag more victims in before it becomes another DEB or FLYB etc . Another one bites the dust . Slowly but surely . Yes the traders will get a few spikes on the way out . How much will the next finance cost from Wonga
That is the best you can hope for ! It will remove a big chunk of debt . So the only profitable bit could remove some debt for the remaining interest payments to put it back in the same position but without the airline . The market has slaughtered it ! .
DEBT DEBT DEBT . Interest payments to be paid whilst the debt grows day after day week after week month after month in fact year after year . To survive they should have sold assets over a year ago and sorted the DEBT whilst it was possible . But the BOD kept milking the cash cow dry .
Try one penny a share . Not one pound !!!
Any one investing on U.K. market doesn’t deserve help . The whole market is a rat infested trading platform not a investment ! . The market makes money on buys sells and spread so has one interest keep people moving ...not build investors but keep people moving and taking the SP down keeps them moving . In a nut shell your not a investor your a gambling addict in a bent casino . Help your self ! . Work it out ! ......
FLYB was not a bail out ...they sold the assets in a deal to have debt paid of , leaving a shell for 1p . The same is happening here . The company will be gone just a shell for 1p requiring a placing to start again . The best any one can hope for is the shops and staff are given to another company to save jobs .
The £10 million looks to have been parked up in case the FCA demanded a refund from placing All going really well and FCA happy do the £10 million is not needed any more . So a £2 million share buy back would be very wise especially when the Boss benefits most and big holders will also see benefit .
19Only small but all add up £190 @ 2.57p and £201 @ 2.57p . How will they get reported . Debt free with £16.5 million cash , CEO holds over half the shares . Only 2 million shares not held by 3% and above club . Revenue up 90% compared with 2017 . ( using 2017 as that is last reported ) . No where else offers all this at this price . Every where else places for fun
Only small but all add up £190 @ 2.57p and £201 @ 2.57p . How will they get reported . Debt free £16.5 million CEO holds over half the shares . Only 2 million shares not held by 3% and above club . Revenue up 90% compared with 2017 . ( using 2017 as that is last reported ) . No where else offers all this at this price . Every where else places for fun .
If you are buying some where go debt free with cash earning money , not full of debt paying interest on the debt and finally placing to pay debt . But all in all best advice with draw your money from the market and buy coins or gold or property. The market won’t even recognise this debt free , cash rich fast growing company . Very poor 3 days for all the turn around news . Is the best reward if you pick the needle in the hay stack ?
My only recommendation that I stand by 100% is don’t trade shares . I am addicted but it is corrupt . look at us Debt free , cash £16.5 million , revenue up 90% on 2017 CEO owns over half the shares and bought more . Yet the de ramping army have been sent in so the MMs can tryto move people on . They only make money when people buy and sell and the spread so they don’t want a up ward success story that doesn’t create movement . Get the de rampers in and shake them free . Who would put family money into this corrupt mess . The market that is . They make the most on placings ..no placings for years with £16.5 million and growing .
You think this is bad look at 99% of the market out there . In debt , no cash , CEOs don’t hold shares , place every few months at typical 50% discount . Think you are banging your drum on the wrong BB , fully agree every one should stop investing due to bad markets and huge dilution every where else .
The old accountant has gone that is history . A new accountant has put every thing right and then two independent auditors checked every thing and the FCA took a look . We are a new company with huge growing cash £16.5 million and huge growing revenue £88 million at last report up over 90% on 2017 . Last accounts end 2018 so haveto use 2017 growing very very fast .as is the cash .
All the de ramping going on here ...this is a company where the CEO invests , holds over half the shares a company that has massive cash in the bank and a company that is Debt free . The market is riddled with cas cows that the directors don’t have shares in , that are debt ridden and have no cash ...but the de rampers saythis is a bad company . Lol . Stupid day traders trying to create movement . Lol . Sell every thing with debt and get your money out of this corrupt market . Look at FLYB , DEB and now giant Thomas Cook . And look at the corrupt posting going on here people don't want-you in a cash rich debt free company that is growing they want you in the failing mess out there .
What about the recent information cash growing revenue growing we are better of now . Oct was why this chance is here now . If it had not been for that announcement this would be over £10 now . So this is a gift horse created by that error .