Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
‘Slate the company’. Yes, it’s gone from £20 to 15p. £5 to 15p with Dunk in control for last 5 years. Am I missing something? I guess you can’t prove me wrong. Sure, the observations I’ve been making for years now suggest I’m still invested at a high price. Not too bright are you?
Hawi, of course, was the prime example. ‘I am right and you are wrong, no matter how much you want to be right’ , was his classic quote. Well, he was 100% wrong. So again, I i challenge you to find where I’ve been wrong. Knock yourself out.
You get it so wrong at almost every level. Please filter me. I don’t pick fights, it’s usually the other way around when the Johnny come latelys arrive and start spouting cr*p that it is they that immediately jump on any contrary view. There’s plenty of people on here that can attest to that. Indeed, read the threads, they are self explanatory. And you call me a clown. Fantastic. Have a good day.
Deano. Thanks. Been banging my head against a brick wall here for too long. Rant was overdue :-)
The machinations of this phase of corporate activity are not my wheelhouse, sorry. What will happen is whatever is best for JD and his conspicuous wealth parader wife. He's got to keep the jet and the fleet of supercars fuelled up after all (maybe they run on burning vegan trainers, now that would be something).
Sutherland was brought in by JD to massively expand the retail footprint, and thus raise revenue and sp. They both benefitted hugely. Fair play, but it was always going to be at the expense of the brand long term as Sutherland couldn't give a rat's a*se about the brand or the product. JD got hugely wealthy, and his ex wife, £71 million when the sp was £17+ for starters.
Why there seems to be this hero worship of a guy that in 5 years has reduced the sp by such a massive percentage and did not achieve the things he promised during the boardroom coup, baffles me. Well done that man, after 5 years in total control the sp is not over £5 where you picked up, its floundering down at 30p now.
'He'll take it upmarket'. Please, for the love of God, just stop.
I’ve been posting here for years. Certainly as long ago as 5 years when Dunkerton retook control. I would love to know what he’s going to do now that he hasn’t before in the 5 years that he’s taken the sp from nearly £5 to 15 pence.
The amount of cr*p written on here by posters who I’m guessing actually believe that they ‘know’ how to fix this. What a miserable place full of bottom feeders this forum has become.
‘You’re a trader not an investor’, I read somewhere. Jeez, get some help.
Idris Elba was tried before and bombed, not as badly as Brooklyn Beckham, but still bombed. Surely everyone knows that. ‘He needs to bring in celebs’, FFS if you haven’t got a clue just accept it and save the sane people on the forum from having to read nonsense.
‘JD won’t let it fail’. He has already. Failed from £20 to 15p!
He should have replaced Sutherland with someone who knew what they were doing, instead of trying to repeat his one trick.
‘ Jade and Julian’s kids have got mini Defenders to drive around in’. What is wrong you?
I think it means absolutely nothing more than the accounts are ready, which makes a change for this company.
I was in a Holland Cooper store recently. It’s quite remarkable how similar it was fixtured and merchandised to a superdry store. You could argue it’s a level of smart cooperation, or possibly a lack of vision on Mrs Dunkerton’s part. Probably a discussion to be had when/if Holland Cooper goes to an ipo.
If sdry goes into administration, which isn’t a guarantee, but absolutely is a possibility, I’ll be interested to see what Crown Jewels emerge on the other side with JD, and also if Holland cooper acquire some retail space out of the process.
When JD returned he quoted to a newspaper something along the lines of ‘business schools in the future will teach the case of sdry’. He might be correct, for all the wrong reasons.
He had a chance to do something with sdry when he took control back. He could have brought in a ceo, as Peter Williams the then chair wanted, but no, ego took over….and here we are.
I note JD usually purchases a chunk in May, and in October. He didn’t acquire any October last.
Saun Wills, CFO, has not bought any as far as I can tell.
All very well if you’re smart enough to determine whether the value of the company is in fact greater than the sp indicates. But as many posters on here telegraph their utter lack of knowledge of this sector, i doubt it applies here.
I bet some here were into Cineworld…. See how that turned out.
There is no ‘why’. Pure bargain trap mentality which has, unfortunately, done for a lot of posters on here. Every possible sign of difficulty has been posted by the company and yet people still carry on regardless.
Of all the shares to invest in, of all the retail shares to invest in, of all the fashion retailers to invest in, fools have been losing here since JD took control nearly 5 years ago. Why? Just why?