Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
I believe this is undervalued is why I’m invested. Yes you can focus on the low share price at the minute, but as they say, you can’t invest in the rear view mirror. If you look at the world becoming more reliant on data, data centres (a friend of mine supplies the power here and comms is essential) and the general trend of humans, we’re not going to need less data/comms going forward. Then you have the Middle East interest and they want a future passive income, so investment is huge, look at sport etc. The brand is iconic and you simply cannot setup the infrastructure and client base of this organisation over night. It would be cheaper to buy it as a going concern. The cash flows are incredible and my kids would sooner loose an arm than their phone contract. I have what I’d consider a sizeable private holding here, it sits in my Isa so I can wait forever. I can honestly see this back over £2 in 2-3 years from now. That my take!
That’s a big us jobs report today. That’s the fed done now imo and world equities has just be given the green light. Timing is good for start of the quarter and the profit hunters will all be back at the desks on Monday looking for their next fix! It’s a bull market now gents. Strap in. Jax and gutter (same person) you can strap on! X
Imo the next results will be better news. It will pull all the rate hikes across all territories and start to show the payroll reduction. Also as prior CFO she will now how to present a set of accounts to the market. UK looking cheap to the rest of the world atm and they’ll all be back at the desks next week keen to earn some money!
I’m
Pretty sure the Nasdaq has been negative last 3 Septembers, not sure about the ftse. The US credit M/A should complete this quarter if hasn’t already. It’s made even more interesting for me as Robins background is US. Timing a coincidence??
Garone, thats exactly my point. Your highlighting this year which given what you've said, the sp should be a lot higher, buts it not. Dont forget anyone who gets on a flight is going somewhere that will cost more money and that bit isnt going into ezj pocket, apart form as small bit of ezj holiday. Everyone has an opinion, at 330-350 it was undervalue, but after the party at 415, ithink it may drop back into the mid 3s if im honest. At that point it will look value again.
Really! 1.4 million are dropping off fixed deals this year alone. Given the average fix is 3. something years, the rate will be at least double and by the same measure 2025 will see all average term mortgage holders on a rate above 5%. Thats not to mention the 90% of vehicles you see on the road that are financed. Those finance rates have also doubled in the last 12 months and the average ownership is 2-3 years. Most of that 90% have a balloon deal which means the capital is never gets paid down and the interest is therefore paid on an almost never changing balance. People will be paying a huge amount more for the same things they've had in the past and that genrally doesnt sit well. Something has to give and im not convinced a 5-7% gross pay rise is nearly enough.
I'll give you an example. A employee of mine has a modest mortgage that has gone from £350 pcm to over £1,050 pcm. He cant fix as he would fail the affordability metric. Thats circa £8.5k which is the price of a good 2 week family holiday. Something has to give!
Ok. Well my family holiday has doubled in price since 2019. All goods and services have risen through the roof. Yes pay has increased but the net take home is dramatically impacted as your typical bread winner is now a 40% tax payer by default.