Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
That last sentence of sacked's must be the longest in history!! Another diatribe of repetitive nonsense. It's curious how he defines all opposing views and various comments highlighting his inaccuracies and nonsense as 'abuse'. Just can't accept his chip skews his version of the facts. With all his alleged 'right calls' one would imagine he'd made a fortune by now shorting the stock...but, alas, I fear he's just as poorly off as before, following the one call he singularly fails to highlight, ie, his huge long position north of 300p. Not too much of a 'right call' there, eh?! However, he does repeat the comment I made last week, re, the ageing fleet and the expense associated with returning aircraft to lessors. Not going to be a once off cost as more go back. I fear the maintence costs in the future may come back to haunt the company, particularly over the next 24 months
'Deleting your massages'...yes, good to see your command of English is as steadfast as ever, sacked. And the only reason folk get their 'massages' deleted on here is because some pitiful individual and his 5 other memes run off to nanny needing his nose blown! Poor sad, wee boy!
Blimey, if one looks hard enough, one might find some actual English in that last rant! Pitiful...as ever.
'was this expense necessary especially after our recent 2nd profit warning of the year' Our??? So you def were connected / on pay-roll, prob for a lengthy time through the French years. But Hammad took the axe to you after finding out about all the slack the Co was carrying...hence your hefty chip on your shoulder. Also got hoodwinked by that idiot French and believed his tripe post listing...so you emptied your savings pot and bought discounted shares, not having a clue re proper valuation...& now it's everyone's fault but yours! I think the truth is really out in the open!!
Err, it's called advertising you clown! The one budget which should be expanded and definitely not cut when things are getting tight at a company. If you had ANY business acumen, you'd understand that. Owner of CNN owner, (& he knows a thing or two about business) once stated his mantra for success...'Early to bed, early to rise, work like hell and advertise'. And as for your other account name's comment re imminently failing business...what complete uneducated tosh! Flybe will make a profit this year...how is that a sign of a business not bring a going concern. Get an education and lose the chip!
I'm not sure we need be concerned with any 'lowering of standards', rather than the number of highly paid senior people. This is a relatively small business and, not that I care much for him, I'd be fairly certain O'Leary wouldn't have been overstocked with people on 6 fig salaries when RYA was worth GBP72m. Short term, I think the only way this stock is going to significantly appreciate is by way of a takeover...& I'm not sure I'd be staking much on that...although I've been wrong before!!!
Really can't see why this company needs so many 'chiefs' given its current size. What precisely does COW do if all these other guys are around? Far too top heavy and money they don't have being wasted. Looks anything but a lean burning machine to me.
'Walk me through your mathematical calculations using data from 18 months ago when you predicted it that resulted in the share price of precisely 27p.' LOL! I have to admire your sense of humour, Northam. He can't even manage long division! Not that he will address and pertinent point or answer any question...think it's time he was left with his self-delusion.
So, sacked, how many thousands of pounds did you make 'by calling it right'? I mean any old fool can say Man Utd will win 1-0 on Sat...& even be right...but unless said individual puts his money where his particularly large and uneducated mouth is (the majority feel Man Utd will lose...) then there are no grounds for gloating. In fact, the matter would be even MORE embarrassing if in fact the said individual was actually crowing from on high about his correct GUESS, but in actual fact, went with the crowd and backed a Man Utd loss...! This scenario strike a distant chord with anyone?
It's pretty straightforward maths tbh, but there's not a lot of point comparing EPS ratios in the sector, as the business plan for flybe is almost entirely different to other sector players. Btw, basic maths or not, don't be expecting an answer from sacked Sam...he can't even I read an RNS let alone do long division! Although he's a dab hand at 'loosing life chsnging amounts of monee'!!
I'm a fan of this story, but today's news should be looked at in detail as you suggest. There were a couple of incidents, one at AMS and another at BFS, although that's about 18 mths ago. I think there may have need another at EDI but can't remember specifics. However, the majority must relate to a fleet which is now looking rather tatty & tired. Older engines are less fuel efficient too. Added to that, this will be an ongoing issue and may get worse. A cash call will more than likely be needed to replace some of the fleet and that may have spooked investors too. I'm out for now with a small profit on last trade, but it was a much bigger paper profit last night. I'm not ruling out a small bounce tomorrow, but the fundamental issue above, isn't going to change. As for fair value, I'll have to extrapolate some numbers, especially after nov numbers are released, but if there is going to be a 5m or do ongoing maintenance hole to plug, that hits the bottom line big time. Pity, as things were looking good. Hence the issues when investing in equities and particularly, airlines. Good luck all...
So why did you pile a "life changing amount of money" into this business, sacked? Your gloating only serves to highlight how idiotic your decision was
Well I certainly haven't changed my opinion on the pathetic sacked.....you simply can't polish a t¥rd!
If the maintenance costs are attributable to a fleet which is growing older by the day and the unspecified costs prior to returning an aircraft at the end of its lease, I can only see this being an ongoing issue...and a costly one at that. So, for the time being, I'm taking my profit at 38.25 and sitting on the side-lines. I might well regret it, but it just goes to show the vagaries of investing in the airline business. Will be keeping a watchful eye though.
Why are you gloating? You've lost thousands...allegedly. I wouldn't be crowing about that...but then I'm not an excuse for an investor.
When you see a trade 10x NMS achieve over the bid price, the market makers are def short of stock. Another very positive day of trading and great to see. Think a breakout is on the cards...and it ain't towards 'the 20s'. Investors are looking forward with the current trading situation in mind and not backward to what happened over last 2-3 years. Nice return and now well ahead Good luck all, keep the faith with his one.
So not a surprise to find I had a similar experience with Easyjet in 2008 regarding baggage damage. They claimed it wasn't their fault, made up a good few excuses as to why they couldn't pay etc...so I simply lodged a claim through the small claims court. Within a month a had a date for a hearing...a solicitor's letter from them offering a settlement amount...roughly 75%...I declined. Two days later their solicitor called me and asked what I needed to settle, so I quoted full value of case, plus court fee, plus a bit extra for my hassle...they paid the lot! Add on the solicitor's fee and you reach a stupid amount...why do these firms not simply do the decent thing and pay up? I would save them money and give them a chance of retaining a customer. I still fly EZY now, but avoided them for ages after hat episode.
All Flybe flights into and out of BHD cancelled today owing to hurricane Ophelia...and I assure you it's blowing hard! I assume no compensation payments will be due owing to the unforeseen weather impact...or have I not got that right?
Accusing someone else of 'absuse' and having 'a clear agenda'...words fail me...as they seem to you...clearly. Anyway, I'm well ahead now and comfortable that this share price isn't heading 'to the 20s'...but I guess nobody here ever said that either.
Definitely more interest building. The recent article in the Motley Fool will no doubt have helped...you'd be surprised how many private client stockbrokers read that feed. Certainly doesn't look like heading for the 20s that's for sure. Market update only about 4 weeks away now, so plenty of time for investors to keep 'buying the rumour'...however, in this case, I think there could be a strongly positive message given. Fleet reducing in size, associated costs too. GBP regaining ground v USD, helpful for future hedging. Pilots & cabin crew retention much less of an issue post Monarch & RYA. Operational gearing beginning to work in our favour. LHR routes building a strong following from Scotland. All in all, a definitely positive outlook.