Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
New CEO Mr England will transform the business and drive growth…….
The 3 key people who created the excellent turnaround and growth have all left the business now, will be interesting to see if progress can be maintained.
Clearly a big mistake jumping in at £ 5.97 at the start of the week! LOL.......... Still have no idea what's going on this week with Banks and Pension companies all badly hit despite SVB apparently resolved. Was expecting a strong bounce back!
I am aware of that, as obviously the Lloyds that I sold were significantly down. However, I had been looking to switch some Lloyds to PHNX for the improved dividend yield and today seemed like a good opportunity.....
Strange Morning...... don't really understand why continuing to head down , decided to sell 102k of my Lloy holding and moved to PHNX which announced good results this morning and should be paying 8.7% in dividends at this mornings prices .
Without wishing to go back over old ground, I do think the share is still being held back by the big drop in dividends and the loss of the supposedly "postponed not cancelled" dividend payment. This despite continuing strong performance through Covid. I think there was a loss of trust and confidence. Buybacks despite all logic never seem to return in share price gains. Aviva is a good example of this over the last year....
Surely the ISA allowance should increase with inflation in normal times. However, with the freeze on tax allowances for the next 6 years or so (rise in taxes) that is clearly unlikely to happen
Disappointing fall today from positive trading statement??????
Certainly hoping for a special divi in addition to the 1.6p as well as further £2b buyback. The position has changed significantly and still disappointed that the dividend at Covid ("postponed not cancelled") disappeared.
In my view we should be back as a minimum to pre covid dividends and further excess going to buybacks at these prices.
Hi Asp, I also have what is for me a very significant long term holding , and remain very frustrated by the big reduction in dividend payments since pre covid which you have previously highlighted very clearly. Having recently retired this has become more important to me as it was always part of my retirement income planning. Here's to a special dividend in May and a substantail increase in next years dividends as profits continue to grow.....!
Sorry Cereus, I wasn't referring to anything about the Coronation, I was referring to an earlier comment about disastrous government policies.
My personal view is that we handled the Covid crisis better than most countries overall. The energy crisis was driven by Russia primarily and recent disastrous financial events confirmed that we do not have the option to cut taxes in response to the current climate. My biggest concern is the lack of a realistic option to the current government, especially in such difficult circumstances.