Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
With everyone else pulling out GSK had to as well for optics. Walmsley's "strategy" was to proceed but GSK would have looked a right muppet buying up when everyone else ditched including far better fits than GSK would have been. SP may go up now as a relief the deal is not proceeding but to me this shows lack of conviction when it comes to execution. If I previously only disagreed with what Walmsley's strategy and approach, this forced u-turn episode has made me lose respect for her as a leader.
About the only thing that will see the sp rise. Can't say I feel sorry for those bought in to the ramping and spike and burnt on the dump. Interesting to see reality hitting some witg thr doubtful comments appearing in between the usual loud voices.
Yes, many (at least here) are saying oversold based purely on the numbers in yesterday's RNS. History and context matters but almost everyone here is looking for a fast buck on a bounce. There are deep (structural, organisational) problems with the lack of integration, these won't be a suprise to those who are familiar with HPE/Autonomy.
Outside of thos expecting an intra-day recovery, buying now is catching a falling knife. There are structural problems and an increasing pile of debt, with HPE/Autonomy history this is hardly a surprise and the fall is not simply a reaction to the RNS (latest numbers in themselves aren't catastrophic even if the CEO is gone) but actually considers that the SP never deserved to rise so much in recent years in the first place. May be worth a look in some months if some good decisions are made and things stabilise.
I am curious because you hype a lot and make vague claims but never answer straightforward questions. So what is your gain? Did you average down? You were ramping when sp was nearly double, that's why I ask. Not interested in messageboard games, have you got anything concrete to say?
There is not enough clarity on contracts (especially quality ie margin, not just adding quantity to portfolio) or demonstration of management's competence to invest. I did look into a quick flip for easy money but decided against as the spread was even more ridiculous than usual and lack of good quotes on decent volume. Buying multiple small lots with the spread on selling would take fees towards 20% and as I have previously been stuck unable to sell THRU saw it as not worth the risk with so much uncertainty. These low float, low market cap stocks controled by a few major holders are rarely fair game for a regular PI, you can easily lose 10% just buying and selling immediately. For those going for long term hope I wish you luck, track history of this company is very much against you, for those in for a quick profit ai advise caution as tide can turn quickly and you can be left holding and having to get rid very cheap.
"The smart money will buy this divi cut because it confirms the sustainability of investment and therefore future earnings potential. The stock is very likely to end up on the day." I can't tell anymore the trolls from the delusional.
Very positive? Are you kidding? At a push you could see things as a hopeful for the loooong term, it's a risky play in a very competitive and dynamic market. 2018 will be a difficult year for ISAT and with the dividend cut there is little reason to get involved until things improve.
Wafer thin margins and shares being dumped, what is the opportunity? Because it has dropped in price? Numbers don't add up, look at fundamentals rather than just buying a dip.
Numbers going down 30-40% (and inevitable end to divis) but sp is only down 10-15%? That's some optimism things will turn around at the best of times and even more so these days against the housing market forecasts. I must be the only one who sees a high probability of CWD not being around this time next year.
Please see my initial message after the recent fall, please answer that one. Your most recent messages have come off as clear attempts to deceive, I am not thr only one to make this remark. Happy for sensible debate to disagree and proven wrong, let's just not play such open games if you want to be taken seriously. Your choice.
The text you posted initially about a contract and tried to pass off as new was from last summer. You then gave the RNS number to the major holder having sold 3% of their holdings. How does this support your bigging THRU up. You are trying to con a fee gullible readers. Stop trying to deceive!
So have you sold or are you holding? What is your outlook? You were very dismissive and defensive of my previous questions. Not here to rub it in, I gain nothing with ""I told you so", there's a lesson in everything, good or bad. Genuinely curious what and if your actual position was as you promoted this.
An interesting one to watch from the side. Some major plot holes, now just need the twist ending.
"Obviously deals are being struck in the background" - Why? Why obviously? Please don't hype the LA subway trial again. This company failed to sign deals in previous years with much bigger technical sales team and when their technology lead was further ahead, what has suddenly changed in the last 6 months?