Member Info for Mulder

It is called shorting...

PAN:SJJohannesburg
Pan African Resources PLC
175.00ZAr+7.00+4.17%

Guys you only have to look at the P/E to realise the current SP is at least half what it should be.
A P/E of 4 is ridiculously low in any sector.

Mediclinic is saying it's "considering" impairing the carrying value of its 29.9% Spire stake bought at 360p.
They are down almost 70% on this 'investment'!

There was a strong hint that they're either a buyer or a seller of Spire here and I favour the former.
Dumping their stake now would result in a loss of over £300M.

Further more here is Morgan Stanley on Mediclinic & Spire: -
'Whilst they believe there is short-term uncertainty in the UK market, they believe it has attractive long-term opportunities. They added here that they are “evaluating all options”, that they are “not a logical portfolio holder of companies” and that they look to own 100% or 0%.'

It is actually more likely now. The proposed buyer's share price always takes a hit. Mediclinic's results did not warrant a 20% drop today - there are other reasons for this...

**********
The carrying value of the Group's investment in Spire will be considered as part of the interim review process and reported with the results for 1H19 on 15 November 2018.
***********

That value is now not even a third of what they paid for it. £300M+ paper loss for them at the moment.

It has never been about the revenue here pearls - it is all about the margins! They are tiny. Constant sales all year round by Mr Bucher.

Should now be trading at 9p.

Outrageous there is such a discrepancy between LSE and JSE still.

PAN:SJJohannesburg
Pan African Resources PLC
166.00ZAr+10.00+6.41%

The UK stock market has become a rigged disgrace.

SUNDAY TIMES
If Vodafone had called to sell shares at the beginning of the year, there could have been only one response: hang up.

It wasn't looking good. The telecoms giant was under pressure after having to splash out in auctions for spectrum – the right to use the airwaves – and it was in talks to buy cable assets in Europe.

Both stoked fears over the company's ability to sustain dividend growth. Investors acted accoradingly and shares have fallen more than 35 per cent since January.

However, there are signs that Vodafone has dropped below its fair value – despite the risks.

There are signs it has reached the bottom of its trough. With the shares closing on Friday at 151p, the risks are more than priced in. Buy.**

What have Messrs Bucher and Cheshire 'achieved' exactly? A 70-80% reduction in profits and share price.

Those of you in to technicals it looks like we have had the 5 waves of Elliott here by now - surely!

& who is supplying this seemingly never-ending number of shares to short ? Old pig face and his fake holding.

old-timer - the Debenhams board and the FCA have been sent document after document highlighting all the concerns raised here and on other boards for the past 2 years. It is a shorters market and totally UNregulated.

My advice for the future would be if you ever see old pigface and his fat chum taking an interest in a stock again then run! Don't go anywhere near the stock. You can't even trust holdings RNS anymore. It is not a fair or even playing field.

The best punishment for pigface?
Seeing Sports Direct go bust would not be a bad start.

Those looking to Ashley as a saviour are living in Cuckoo Land. This guy has single handedly relegated Newcastle United before and will do so again this year. His idea of a treat was taking the multi millionaire players to a cheap restaurant and offering them a free 'oliday!

He is absolute scum like Odey. He even looks like one.

He only ever wanted to drive Debenhams into administration.

There will be no offer - forget it, the man is very very cheap inside.

In this rigged market the short sellers almost always win and they will suppress any rise even if there is some good news. Just watch.

As for the board they have not heeded warnings and have sat idly by for years. The end has come a lot swifter than expected due to the shorters granted but Sergio should have been sacked at Xmas. Same goes for Cheshire.

Incompetence of the highest order.

Short sellers have claimed another victim. Drove Debenhams and the SP to the point of no return. Tens of thousands will lose their jobs. Immoral scum. Odey and Ashley same.

18,000ZAR/ounce

Gold soaring.

PAN:SJJohannesburg

Pan African Resources PLC

159.00ZAr+12.00+8.16%

DOW down over 800 points.

Elikulu update must be imminent also.