Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
I saw the other night a couple of the opposing politicians sprouting about how they are going to borrow and invest maybe as much as £52B to help the NHS, Police, Education among other worthy causes. I wish someone would point out Sirius to them and that all we need is £2.5B and whatsmore they would get a healthy long term return on their investment that they could then spend on the above. Seems common sense to me! but then what do I know?
In the Times on Saturday there was an article that said Netflix are to spend £400m on buying British TV content just this coming year. You have got to think that they might be interested in buying our bonds.
Subject should have read "Hyperthetically speaking" sorry.
Nitro--- no I didn't
Bellers--- thanks but you didn't mention any risks, are there any? and do i get my money back at the end?
If I had £400m to play with and wanted to buy the bonds can someone explain the deal in easy to understand terms and make sure you include the associated risks.
Thanks in advance.
If I win the £152m on the Euro millions lottery tonight I am going to buy plenty of these at this price.
Still holding. GLA
Ivy, thanks for the clarification. I realised I was missing something but couldn't think what.
Cheers
"Every little helps" said the old lady as she pee'd in the sea. When these shares are worth £1 each I will be laughing :-)))
I am so glad that I am a very small investor in this stock. I have just read the secure message from my broker about the consolidation of my KDNC shares. Am I missing something or are we being ripped off? I currently have 34375 shares that cost me £205 to buy back when they were 0.56p. My portfolio says they are currently worth £30 but with the consolidation I am entitled to 343 shares at 1p each which means my shares will be worth £3.43. Is this right? I have been reading post earlier today on here and posters have been saying that PI's investments values won't change. This seems to contradict my maths. Can someone please clarify.
Cheers...
I can always rely on a price drop after I have made a purchase, just bought at 9.55p and it's down already. :-((
First let me qualify myself. I am a 55yr old self employed joiner that has an electrician mate that mentioned SXX to me 3 years ago when they were at 15p. I didn't have any spare cash and so just kept an eye on the SP. I jumped in at 33p some time later that same year and have since bought more and lowered my avg to 28p. I only have 20500 shares. I have no pension and I am hoping that by the time I reach 65 the SXX sp will be somewhere around the £1 mark. I have other shares and I am doing absolutely rubbish, I really shouldn't be buying any due to my complete lack of understanding. OK now to my question that I hope some of you can maybe go some way to answering in an easy to understand manner.
I can't understand why SXX are struggling to raise what seems to be, by some comparisons a small amount when I have seen reports on the TV that say HS2 might need to increase its budget to somewhere between 70 - 85 billion ??!!!!?? I think we could rip up every last sleeper and start from scratch for that sort of money and I am sure that anyone should be able to give a more accurate price than somewhere within a £15 billion spread. Another report I saw on the news a couple of months ago suggested we are spending up to £7 billion on the houses of parliament ??!!!?? Just move all the MP's to a brand new building and leave the grade1* listed building as a tourist attraction. Why can't our government buy the bonds from SXX and actually get a return for their (our) money?
Sorry for the ramble but £3 billion just doesn't seem a lot in today's world.
Rant over.
GLA
Finally managed to catch it under 22p. Lowered my avg by 3p as well.
GLA