Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
And I think I smell money .
That went through this morning. If so , he’s a cheeky monkey
Another bid for Inmarsat by Echostar to avoid takeover panels restrictions for six months . Just been suggested by another bank analyst
To bid for Inmarsat by Echostar
Now that’s a serious buy for either someone who knows something , or is building a stake . Something is going to happen most likely in my opinion. Possibly sooner than we all think
Which made the price jump to 5.18 for a second or so . Nobody buys that amount unless they are in the know or are intending to bid or even up their bid etc
Well someone just purchased a massive amount and the list of possible bidders is very large and possibly very imminent according to experts. Too many nibbles to not catch a big fish with the pound so low . Why else hasn’t the share price collapsed.
But that’s good for jumping back in
As I want to fill my boots before the next bid or bidders show their hand etc . Also the company is organically growing so the price will rice a lot sooner or later
Every share I’ve owned they are way below other brokers and analysts. They must still have a short position in place or something. Who knows .
Did like you say 2 hours negotiating . In total . He also liked a 2 hour work day . He was dead wood from the outset . He won’t even be noticed that he is no longer there .
Want this company, but are all waiting for the others to make their move . I was doing research and the amount of potential buyers for this company is quite long . David Davis has resigned. That’s good news , as he only spent 4 hours in negotiations for the last 2 years . Apparently he only did a 2 hour work day etc . Lazy Government MP . Pound has gone up . Can’t stand May , but at least she’s tough and gets her hands dirty and will do the job herself if she thinks others aren’t pulling their weight . Lazy Davis good riddance to dead wood in my opinion .
Obviously there is news leaking about other possible suitors and others breaking cover when someone finally puts their money where their mouth is . Won’t be too long in my opinion
And rising. Hmmm
A smart RRRRS . Seeing as how there are mobile operators, hedge funds and numerous other satellite companies keen to do a deal , I would think that the management will be talking in secret and then announce a deal . Then all other parties will have to panic and rush in with real offers . Then we will see how frugality is stupid in the long game .
Which is what is likely to happen
So mr poker player has moved into the wings waiting for other players to show their hands . Only then can he enter the game again within 6 months . He kept the bidding low for other parties to start from . He offered 3.2 billion when he would of achieved 3.6 billion in new additional business and benefits. Therefore he would have had Inmarsat for free and then some . According to various sources, Inmarsat is worth 10 pound a share to Echostar, especially with spectrum. He therefore needs and wants this company, but his frugal offer may lose him the gem he desires , as there could be some secret negotiations with other parties and before he knows it Inmarsat is sold from a price of 650 to 750 . Well below the value it is worth to him . I hope he loses it as he wasted people’s time with his frugal poker playing
And being utterly juvenile and rude . Anyway let’s change the subject . I’m am relieved the frugal genius stumbled at the first hurdle , as he obviously forgot he had to pay for the company . He is in my books a complete plonker . We now grow back organically or get a good offer within 6 months from serious bidders and not complete clowns . Yes we will get some shorting next week , but that will be temporarily and after a few weeks if no real offers come forward, then we start to recover normally.
It’s the left wing that think they rule UK . Basically they are ignorant snowflakes who have no manners . Whether you like the guy or not , it is just not the correct way to behave .
Organically. This has good potential to recover medium term to 650 800 within about 6 months anyway, so I’m glad this plonker was all talk . Perhaps we should replace the London trump blimp with him instead. At least trump has big round ones and puts his money where his mouth is