Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Somewhat incredulous at the unjustified drop this morning. Have sold elsewhere to free funds to add another £2k here... unfortunately wasn't expecting the drop so got in late at 2.13p but still happy to add more. I see the downside risk of unsuccessful or problematic flowtest as 1p short term (as was the case briefly over the winter), recovering later in 2018 with 3Ds and Farm In news and further flow testing if necessary. The potential upside if positive flow testing... well take your pick but I'd be hoping for 8-10p minimum. It's the old risk-reward gamble of potentially lose half+ your money (if you sold short-term, which I wouldn't anyway), versus multi bagger and potentially life changing rewards if successful. A lot of my investment is based on faith in the late PB's knowledge and his belief - his time was (sadly all too) finite, and he wouldn't have devoted so much time to this if he didn't truly believe it had every prospect of delivering. I've been holding since Sep 2015 so GL to all LTH.
jalpa - REVERSE takeover, not takeover.
Otherwise the other reactor would be closed down too. So a minor breakdown on a non-core piece of third party kit, not a problem with the technology itself. Minor engineering setback which I hope will be rectified within a very short timeframe as it will obviously be given top priority. A disappointing RNS, but I will definitely be holding and adding if there is any significant tree shake early doors.
I saw a video on youtube yesterday in which zak mir's chart analysis was suggesting 28p in next couple of months.
I dropped an email to Ricardo PLC to find out the likely revised timescale for annoucing the F4C Stage One winners, and was advised it will now be in May (excerpt from email copy and pasted below)- so I'm guessing a few weeks' time. In the grand scheme of things no biggie, and could have been a longer delay. "Due to the high volume of applications and the complexity of some of the proposals received we are unfortunately not able to communicate the outcome of the competition according to our original timeline. Therefore, we would like to advise you that we are now aiming to announce the outcome of the competition in May."
This volatility on low volume shows just how much potential this will have to move once real news arrives IMHO - it's a function of the relative illiquidity of the stock due to the high proportion of 'sticky' institutional investors and PIs such as myself who are here for at least the medium term and the transformational growth which I believe will happen in the next 6-12 months and beyond.
Can anyone advise what the expecting timeframe is for Envia payment(s), and how they are to be structured? Sorry, not got that far in my research!
Well I wasn't planning on adding to my holding, but couldn't look gift horse in the mouth so have just added a small top up at 12.39p. Happy to hold for the journey updwards!
Read Box 5 on the form. ;)
Thanks, yes it's closed up now... I'm getting live bid/ask of 13.4601/13.99
Can anyone confirm the correct current Ask? I've got 12.869 on the bid, despite shareprice etc showing the spread as 12.55/13.95!
Looking interesting...
This is looking good for big gains - aiming for 3-4p upon news dropping. All IMHO and GYOR
Currently 0.081 on the bid/ :)
Possible leak? Very high risk, but could easily double from here in a flash if so. GLA DYOR
at 0.088p. There would be no point in applying for ISDX if they weren't confident of having a new NOMAD... I expect a strong bounce once new NOMAD is announced in the next week. Just IMHO, DYOR etc.
Good to see that the BOD are not recommending Belphar's sh*te offer. It's also clear that any takeover is going to be hostile, as Belphar certainly aren't doing anything to ingratiate themselves in the eyes of the smaller investor... presumably because they're expecting that they won't need to! Whilst it looks like a very long shot, I'm personally hoping that Belphar's bid is scuppered.
I was a holder of this share back in 2010/2011, and have had a soft spot for it and kept it on my watch list ever since. I just wanted to add my voice to the disappointment expressed by other PIs thus far. 22p via the back door just as the company appeared to be on course for onwards and upwards is a real kick in the teeth for the loyal and incredibly patient PIs who have held through thick and thin. Unfortunately it looks as if there's unlikely to be much that can be done to stop this takeover at this derisory level, but wish all those invested every future success.
Mail Online reported rumours of potential 190p bid... now that would be nice! Can see this bouncing back strongly to 100p+ in the short term. "Another dire profits warning from Anite had investors stampeding for the exit. Shares of the Slough-based mobile handset and network testing group collapsed 35.75p or 32 per cent to a low of 76.75p after it warned sales and profits were being held back due to slower activity and that the unit would only break even in the first half of the year. Management said that a number of tier-one handset and chip-set manufacturers have been involved in consolidation and reorganisation, and the uncertainty has resulted in contracts taking much longer to conclude. Sell-off: Anite's warning had investors stampeding for the exit and follows a similar dire statement in March It therefore now expects handset testing revenue in the first-half to be around 25 per cent down on the £40.5million reported in the comparable period last year. Yesterday’s warning followed a similar dire statement in March which resulted in the biggest share price fall in ten years. Rumours were then rife that Teradyne, a developer and supplier of automatic test equipment, based in North Reading, Massachusetts, was stalking Anite with a view to lining up a £568million or 190p a share cash offer for the company. Nothing has materialised, but dealers say that with the stock trading well below £1 and the group capitalised at a miserly £234million, Teradyne or any other interested party could now make a move.
Yes and No. The underlying trading figures aren't too bad, considering. Regarding the Disney money - it's very dissapointing that they're only returning the equivalent of £1.10 per share, when the company that they've hired to write briefing notes for them has consistently suggested £1.40-£1.50 a share (and that was based on $60m, not $8,000,000 more!). The structuring of the payout (B and C shares) may well be the most sensible and best way to effect the distribution - I don't have any problem with that per se. What I DO take issue with is the delay in getting on with it and actually distributing the £££ to the long-holding and long-suffering shareholders. "We will tell you more in Autumn" is far too vague and far too long. The company has been expecting this payout for YEARS, and have been certain of receiving the windfall since January. It shouldn't take months more to get their ducks in a row to send out the necessary circular/paperwork to ratify and execute "The Scheme" - this should have all been prepared over the past fews months - we are, after all, in a supposedly quiet "odd" year! This remains a solid and good long term investment, but I've sold out this morning as unfortunately I can see this falling further in the next few months, prior to pick up once "The Scheme" is announced in "the Autumn". My money can work better for me elsewhere in the meantime.... GLA