Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
draft - take a look at the brochure on the website and the deals/tie-ups over the last decade or so. All looks very impressive but see where the company is now. Even the concerts with AIA & Live Nation etc havent generated any substantial revenues/profits Hope it multi bags but most have lost big money on this one and should be treated as very high risk
further RNS - Crystal Amber up to 20% now
Knigel - he probably worked for or with him or had some kind of business association with him - agreed there must be some connection or other. That said, he's been right up to now, even if the way he expresses opinions is not always done in a nice way
looks solid to me: FINANCIAL HIGHLIGHTS -- Revenue up 2.0% to GBP53.0m (H1 FY16 restated: GBP51.9m) o 84.3% recurring revenue o Recurring revenue up 5.9% (1.9% organic) to GBP44.7m -- Adjusted EBITDA* up 16.6% to GBP9.1m (H1 FY16 restated: GBP7.8m) -- Adjusted EBITDA* margin 17.1% (H1 FY16 restated: 15.0%) -- Statutory profit before tax GBP0.3m (H1 FY16 restated: GBP2.5m loss) -- Adjusted EPS** 2.48p (H1 FY16 restated: 2.53p). Statutory EPS 1.11p (H1 FY16 restated: (1.96p)). -- Net debt GBP34.4m (31 March 2016 restated: GBP37.8m)