Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Rick, it's my first post here and it's an observation, sorry if you don't like it but I prefer a BOD to have skin in the co. before I invest. Hey ho good luck to you.
On 6th March 2023 RBC gave an 'Outperform' rating the sp on that date was 42.64p, the high for the year was 44.86p, so at best RBC saw an increase of 2.22p for their recommendation, hardly a resounding positive forecast. Is it possible that RBC sold around the time of their 'Outperform' rating, and now want to buy back in having lowered their rating? Hmmm.
GLA
I don't think there is a great deal of difference PHP debt as of Sept.23 was £1277.1 million AGR as of Nov.23 was £1,195 million. They each have a mkt cap of around £1.35b
Rent roll PHP just shy of £150 million ; AGR £147 million. There are many other factors to consider though, so quite which is the better investment is up for discussion.
I'm not in PHP but have a decent holding in AGR.
Good luck with your choice gwm121.
Smoothbrain
That would be my preferred route, secure extension of mine years and then think about dividends. GLA
AGR will benefit from falling inflation so here's to decent numbers tomorrow. GLA
SP is starting to tell a different story, if it continues (as I expect) then you will look very silly indeed. GLA
Recovering really well from the knee-jerk reaction first thing this morning. GLA
Sampson you said ;-
''They have been banging the same drum for the past 30 years that I have been invested in here. And still nothing. DH and his cronies are nothing but chancers. GLA.''
Did you not think to sell in 2007 when they reached 157p, that's £1.57p