Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Don't let it worry you, Sreves. You always seem to be looking reason to be negative on here. There have been no buys since before the dividend was reinstated. Even the worst boards wouldn't dish out £32m to shareholders with trouble brewing in the background. I'd also highlight that there have been no sell in this time also (obviously excluding to pay tax...). Chill.
I’m in… Maybe we’ll a Netflix doc lol
Yup, received and reinvested! I was hoping to see 32m of buys
The only UK train lines worth running are the commuter lines from the Home Counties into London. The country will never level up and northern lines should be avoided unless subsidised by Gov. Who wants trains when we’ve got perfectly good coaches!
Agreed. I think a name that better represents the group as a whole is very sensible. Not keen on Mobico myself, but I trust the management group and I’d imagine Mobico rolls off the tongue in Spanish, Portuguese, Arabic, while sounding a bit more American for the benefit US school boards lol
holy ****, what’s happened here! chaotic day at work, i’d have probably thrown few grand in at 130
Good idea, you do automatically associate the name with the coaches, and they’re much bigger than that. I don’t like the new name though - sounds like a telecom’s PLC
Worth a try JG, I wouldn’t expect you’d get much more than signposted to the half/annual results. The fact there have been no director buys suggests to me that something either very positive or negative is on the horizon. And if it was bad enough that the directors were steering clear of the share then reinstatement of the dividend is criminal.
I weighed up a number of shares before jumping in, this is by far the safest company and I clearly was getting more for my money than the others. This has been by far the worst performing though.
I think the management are doing a decent job, the results are positive, and they’re saying all the right things. However I’m frustrated seeing First’s buybacks, it’s exactly what nex should be doing. Money shouldn’t be flowing out of the company at the moment in the form of dividends. Buy the shares, hold them in treasury until gearing targets achieved and then cancel.
What’s being missed? The goodwill write down that will have no impact moving forward or is there something more?
Will do!
Good opportunity to top up, if the keep announcing reasonable trading updates they can hold it here for as long as they want! There must be a big seller… once they’ve gone we’ll be in business, but I’m in no rush! Happy to nibble away while they’re on sale
I didn’t really think I’d told us anything new tbh however I did welcome the figures just for my own sanity as doubts creep in when you’re constantly in the red. I’m more than happy that it remains suppressed on the back of decent numbers, I’ll continue my topping up until I believe it’s at fair value.
I didn’t see the post you was responding to mate. Ignore me
They do operate German rail
I just can’t get my head around it. Tesco, in a competitive, I’d say saturated sector in a time when people are looking for bargains and tightening belts announce 50% reduction in profits… the market doesn’t bat an eyelid. Nex, holds a monopoly over Englands second biggest city and the whole of Spain, is the 2nd largest U.S. students transport provider and is miles ahead of competitors in long distance coach, providing low cost transport in a time when everyone is tightening their belts, announces a return to pre pandemic revenue and gets slapped down by the market.
I usually drops by the dividend value but this share so predictable it’s much more likely it will be used as an excuse to pull it back down further than 5p…
Haha I was joking to be fair, my average is 131 so not complaining this morning
As that’s logical and this share doesn’t do logic I’m predicting a new low of 109
Would they not cancel loss making runs?