Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Wait until we see the "performance" bonuses ITT.
I wouldn't believe piggy eyes if he told me the time. He can't even distinguish between a man and a woman lol.
Sorry Colour think you're wrong .......most investors take them with a VERY large pinch of salt. lol
Talking of boats Tony. Sometimes if you get out and swim with the sharks you potentially get bitten 😉
Until you are taken out for next to nothing....
Have you ever been involved in any type of procurement process in the commercial sector Tony? I guess not.
Hi ITT.
Or as my dad would have said....Pay cheap Pay twice
Morning ITT.
That's a fair reflection. I have been involved in many large tenders and a big part of due diligence is whether the company is financially stable, the ability to deliver and the ongoing support for the length of the contract. CC seem to have the ability to deliver, it's the other points they need to prove. If I were a prospective customer placing contracts of this size I would have concern with a company that presents itself as continually needing to raise equity from shareholders to support the business. My procurement team would feel the same. Until CC get to break even I still treat this as one of my medium to high risk investments. Should CC manage to fund their growth with some level of debt it may give a bit more confidence, it seems they cannot and that alone, for me makes them vulnerable.
Not sure ITT. Busy most of today but was going to look into that later funnily enough ,time permitting.
Spot on Sandgrounded.
Morning ITT.
I had the same suspicion for a while. The jobs issue seems rather strange as well , why would they not be on the CC corporate website like other companies?
Large investors rarely get it wrong when they sell down their holding. My guess is a raise around 13p to 14p if we are lucky.
With all these supposed incoming tender "wins" one could be forgiven for wondering why the steady drop in share price. Still think something is not quite right here , let's wait and see.
:))))))))) hope Colour didn't injure himself rolling about on the floor.
Morning TonyJ.
My original post about Wireless months back was it seems correct. Just because it doesn't suit your personal agenda doesn't make it wrong. Investing takes many risks into account ,you balance these risks accordingly throughout your own investments. Anyone who takes a blinkered view will lose money. I am still invested and have had a couple of top ups when I thought the time was correct, sometimes I got it right sometimes wrong. From my current position I hope for once you turn out to be correct, I will be ecstatic.
Incidentally if you think any potential customers read or base their business decisions on a discussion board you are so ,so wrong.
Have always made my thoughts clear on India. As a country they will do what suits them morally corrupt or not. If nothing else the war in Ukraine has shown some countries for what they are
Hi Colour hope you're well.
You may remember I mentioned Wireless way back. I thought they would be our main competitor and I still thin I will be proved right. That said hopefully CC can get their share. The dilution still worries me here though. Consolidation RNS and I'm out, remember the last one.......
Hi Colour.
Must admit it does seem strange. My only suspicion is that there is a raise coming and serious dilution to support the "new orders"
I've said before I don't really trust JC and I am sticking with that. If the orders are company changing they should be able to raise finance through the financial institutions, if they can't and need to return to shareholders there is clearly an issue with risk. I see ITT has raised similar thoughts on the other board and I'm with him. Something doesn't quite smell right and some here may get seriously burnt. Maybe my paranoia kicking in and just my thoughts.
Perhaps he came to CC as a Trojan Horse. After all TM have been on the acquisition trail for a couple of years and have acquired numerous tech companies in that time. They are essentially a Holdings Company. ........,.....
Hi Trotsky. Classic movie great characters. My wife always grumbles when I wind the clowns up lol. Next time naive a chorus of "Think"
Apparently she wanted to acquire the company. You could tell she was reading off a script. I just love winding them up. Last time one of them said I was very offensive! I responded that he had called a UK premium rate sex chat line at £20 a minute lol. Needless to say the caller hung up instantly.