Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
"Consequently, the Board's current outlook for the year ending 30 June 2021 is that profit before tax is expected to be at least 10% ahead of the current market consensus of £25.2m albeit the Board remains mindful of the continued economic uncertainty created by Brexit and COVID-19, together with expected increases in certain input costs in the second half."
excellent RNS, and finally some recognition!
78.1p:)
bounce to 200MA to around 137p
fuk it, got in at 78p, cant wait til close.
wait for 75p. patience
will drop to 75p. wait
Looks like COO Marcus Greensit was smart enough to sell 0.25Million shares last month!
"McBride has announced a Return of Capital whereby shareholders have been issued with 11 interim shares for each
Ordinary share held. The ex-entitlement date is 26th October 2020.
ISA and SIP account holders are unable to convert their Interim shares into B shares. This is due to the B shares being
ineligible to be held in these account types. As a result, each Interim share will then be redeemed for cash at a rate of
GBP0.001 per share.
Accounts are expected to be updated with the cash proceeds on 27th November 2020"
Anyone holding MCB in their ISA account who got this corporate action message?
As I cant convert into B shares, what is the amount I expect to receive on a share holding of 10,000?
Since this is mandatory redemption, will my ordinary shares be sold at market value? and Interim shares redeemed at GBP0.001?
Be grateful if any seasoned investors can shed some light on this. Thanks in advance.
As expected a decrease in revenues, but what I found interested was a strong increase in online sales (56.4%).
"Ecommerce revenue as a proportion of Group Retail revenue increased to 56.4% (2019: 22.3%) as a direct result of the store closures but also increased sales"
This along with a good cash balance of £5.2M and Net Asset £16.2, far exceeding its market value should bode well for the SP as we head into the peak season.
maqsood7 good guess, lets see if ure right on RNS too. I hope u r :)
9.9p! come on 10p+ finish!
leicester-lad sorry to hear.
leicesterlad have u sh*t ur pants and sold out yet?
Well I did say, fair value, 8-9p. I wasnt wrong.
lol knee jerk reaction without reading the RNS fully, created nice opportunity for me to top up:)
theyre obviously here to stay!
https://uk.linkedin.com/jobs/view/customer-relations-team-manager-at-amigo-loans-2190619033?refId=9de1ef98-1efd-4377-abd5-a266e7319aad&position=1&pageNum=0&trk=public_jobs_job-result-card_result-card_full-click
unfortunately seems to be a free fall, any news on the operation?
exactly my thoughts, apart from regional instability, fundamentals for the safe haven asset is even more pronounced.
the only multibagger I see in this stock are Multi-bag holders