Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Oh dear, 2 green boxes.
Ha ha good ones Misters Smoke and Matlot.
Teaboy hasn’t been as active lately here, wonder if they lowered his pay rate...
Anyhooo
Good things for metro in short and medium term.
Bring on the events and updates...
Coiled spring!
Morning Mister Matlot and Smokey
Odey reductions all good. Roll on double/ triple SP with more events inbound. Chairman will most likely bring on new deals.
As Matlot pointed out, City knows pi have patience of a squirrel. Maybe goldfish at best.
Oh well, patience. And good luck to the doomtalkers. Metro moves happening and share price will reflect whehter it takes a week/ month/ year... don't matter.
RS has 700k customer base/ users.
Despite what some of the clueless ones here might be spreading, here are factual statistics regarding permission-based marketing. Worth a read for those who want the real numbers rather than negative c@rp:
https://mailchimp.com/resources/email-marketing-benchmarks/
https://www.campaignmonitor.com/resources/knowledge-base/what-are-the-average-click-and-read-rates-for-email-campaigns/#:~:text=Your%20average%20email%20open%20rate,be%20between%2020%2D30%25.
Thousands of other studies and other metrics for your education on the googles.
The average open rate for all industries we analyzed is 21.33%.
The average click rate for all industries we analyzed is 2.62%
Educate yourself before you wreck yourself chap.
Kozz - yes, there's a whole mix of classic BB tricks massaged every week, full set of cards played already, imagination and creativity at full extent, everyone tries to inject their own crazy idea and see if it flies.
LOL Yuri.
Wellllllll people said RS wouldn't happen. Or would happen for "50-100mill" and a "rights issue" would pay for it.
But hey - who knows right? ;-) Just dreams and theories for ya maybe.
More to come once chairman takes his position.
Good luck chap. Oh and do read up about the email opt-in and permission-based marketing methodologies as I remember you mentioned absolutely inaccurate and false numbers when I mentioned the benefits of RS and 700k customer base. ;-)
Atb chap
Absolutely.
"party X that accumulated in June"
SP being held in tight range, capped Upside and downside. All by design to benefit accumulators and shorts.
All controlled. When the boys are ready to show their cards, they will. In the meantime, keep retail morale low and gobble their shares.
Morning Smoke, with the new chairman being a deal maker by trade, I would expect more deals and events over the next few weeks and months.
Lots of negativity here since results, I find the results RNS peacefully productive, Dan very focused, and satisfactory for what could very well unfold in the short to medium term for metro. Unlike VMUK, metro is over provisioning, and front loading costs in transformation.
All good in my book, might be instructed by party X that accumulated in June. I would also expect to see IRB and FCA publicly announced in the short term.
And no point in arguing good negativos here, as we know their agenda, I’ll just wait for re-rate.
No 60-70p crash although lots of admiration for the dedication some have here.
All held within range, suggests agreed prices with shorters, until further news. Yesterday ton of retail sold thinking it would hit 60p today.
All gobbled il by smart money.
Oh well.
Yup I get it.
All depends on holding time frame and how you run the book.
You know what works for you and your style.
One of the many unknowns is shorts having multiple uses. We don't know the assumed relationship between longs and shorts. More cooperation that offense-driven from the tight range over the last few months.
LCR
I'm seeing this, 1 of 2 scenarios:
1. Shorts can't cull this any longer and running out of steam
2. JPM or X party told them explicitly/ agreed with shorts not to go under X share price and hold in tight range
Safe to assume it would have dropped an easy 20-30% like in Feb results this morning. Yet today is completely different than when Dan did his call last Feb with new strategy.
So I'm going with the theory that all pre-agreed between accumulators and shorts. We discussed this theory too.
the flash crash did not happen on results.
On the contrary, we were at -12% and now heading back up.
Much better RNS than many would have wished, as Matlot mentioned.
And most likely more deals incoming with new chairman.
Without forgetting FCA IRB and other nice updates.
Also, how many retail investors sold yesterday in fear of today expecting a 60-70p crash?
All gobbled up by smart money.
And this morning, a nice hunt under 100 to trigger and stop losses.
Masters at work.
Metro will be a nice re-rate when all is said an done.
All IMO ;-)
Lots of noise indeed.
Let’s be honest, no one was expecting great results.
Everyone knows the issues with metro.
The usual suspects out in full force, all good and good luck to them.
Could not care less of today’s results, I’m also here for the potential events.
Big loss but Mixed bag too, and good things in results. All good. I’ll wait for event and updates.
Mister Bobbli
“ Theo, have long have been short for here? Admiration is due but time is ticking.”
Too right. Too right.
Probably been short long medium left right flat bump. So many tales the lad told his BB.
Total admiration for the dedication.