Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Thats fair enough. My uneducated take is solely based on the headline figure of 11% which seems to be a decent inflation busting platform to work from, without taking industrial action. My view on unions is based on the one I’m with. I’m not convinced it has its members best interests at heart and is more interest in having a fight with the Tories. Hopefully it’s all resolved soon.
I’m generally pro union, working in a sector that is in pay disputes. However if a 11% pay offer was on the table I’d hope my union would continue discussions and not cost me pay, as a deal shouldn’t be too far from reach. I don’t know the in & outs of the dispute though. I do have a feeling some unions are using the current climate to demonstrate their ‘value’ to members and are determined to strike under any circumstances.
Pretty sure my IQs dropped 5% reading that
I’m not convinced that will be the case. I see Russian assets remaining toxic for a generation. I think the spring offensive will be brutal and there will be no appetite to be involved with companies, however good their track record, based in Russia. I could be wrong, and this is definitely a good opportunity for those who like a more high risk approach. Especially as you’re getting the Russian assets for free, and the Kazakh assets at discount. I was just giving balance to the OPs comment. GL
So could the losses. You could lose the lot IMO. The latest RNS was a joke and exposed the BOD are only interest in serving the big players and Nesis. They literally have to do nothing! Doing nothing would be in the interest of most shareholders in short to medium term. Moving the primary listing will kill the average UK based investor. Pathetic. Anyway, Mr Powell has created other, far less rusky opportunities.
I managed to top up at 136 this morning. I’d be happy for the price to remain suppressed so I can continue picking them up. I’ll be honest, I bought this thinking it will probably provide 100% gains within a couple for years and I’ll jump out… but the more I ponder the company the more I think they my become a mainstay of my portfolio. What’s not to love, in the US they bus people that can’t drive, the Spanish have never heard the term bus wan*ker and seem to embrace this mode of transport, and if Birmingham is anything like London, it’s too expensive and too stressful to use the car. And I’ve not even started with environmental policy and an incoming Labour government, that will probably expand and increase ulez until they’ve priced out the man on the street from driving.
Can’t see the rationale behind a 3.5%, could become a decent opportunity to top up! Debit cards at the ready.
Still fancy 130 by tomorrow! Be my luck!
The reinstatement of the dividend was indicated in half yearly so that may explain the shorts. Going to be tough to justify when drivers are striking and some quarters are worried about the debt burden. I’m in this long term so if the market overreacts on it being cut I’ll be there to capitalise.
I’m all for it, they can continue increase their position if it means I can hoover up shares on the cheap. A lot of the tat they short I think far enough, they’re companies that you can see disappearing over the long term or struggling during a recession. This on the other hand I see as a defensive, recession proof business that’s essential in helping the government meet green policy. I don’t find the debt particularly concerning but would be happy to forgo a dividend to sure up the balance sheet. More artificial drops please
I’ve got a bit spare, just skint until payday… back to 130 by Tuesday ??
They’ve not even voted to strike yet…
Not here for the midlands business. Here for the Continent and US segments. Under water here but still happy with my entry price. Paid next week I hope they continue to drive this down
I’m completely relaxed. Sometime this happens and I’m stressing, other times this happens and I wish I had way more money to plough in… it’s that latter with this
Im really struggling with this one… I’m look at the interim report and I can’t see how they successfully deleverage, so I assume I’m missing something. Then I watch the SP. **** or bust
Didnr they only increase their position a couple of weeks ago?
Come on mate, don’t blame others. You buy in on fundamentals and block out the noise or sometimes the opportunity is a market overreaction in a company you wouldn’t look twice at and you try and play it appropriately. We’re all here to try and make money but it’s probably best to step away if it rattles you so much. Health comes first. It could have easily popped back to 70+ crystallising my losses and I’m sure you’d have hated the system a little less. Anyway, wont you look silly at 100 lol
Time*
I don’t have a compelling reason. It was getting close my stop loss, I just decided to go early… to be honest I’m feeling like the whole market is on borrowed and want to reserve cash for better opportunities that will arise. However it wouldn’t have triggered and rightly or wrongly I bought back in, bringing my average down from 75 to 74! Yay
Sentiment I see reflected through the price movement yes, the sentiment on here remains quite positive. Anyway GLA