Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
The Federal Antimonopoly Service (FAS) of Russia has initiated antimonopoly proceedings against Russia's largest producers of wheels for railway cars - Vyksa Metallurgical Plant (VMZ; part of OMK) and Evraz structures Evraz NTMK and Evraz TK. The department announced this on June 8.
Someone is buying massive.
Consensus EPS estimates fall by 101%, revenue upgraded
The consensus outlook for fiscal year 2023 has been updated.
2023 revenue forecast increased from US$2.43b to US$2.53b.
Forecast EPS reduced from -US$0.156 to -US$0.313 per share.
Energy Services industry in the United Kingdom expected to see average net income growth of 28% next year.
Consensus price target broadly unchanged at UK£0.99.
Share price was steady at UK£0.74 over the past week.
Anyone having a link to any takeover bid etc?
I can only see this
https://www.forbes.com/sites/investor/2023/03/15/uk-companies-are-ripe-for-takeoverheres-10-on-my-list/?sh=3034aead4888
Rest nothing but day dreaming i think
Https://www.hl.co.uk/shares/share-research/202306/petrofac-orders-building,-e-and-c-losses-continue
https://www.ii.co.uk/analysis-commentary/ii-view-petrofac-orders-increase-market-demands-more-ii528366
Actually invested about 60/70 percent of my portfolio in here. What worries me is margins. PFC has taken losses in recent past(i.e the Thai Oil Clean Fuels contract and other legacy contracts completed or substantially completed last year ) and now picking up on things which others have rejected due to costs.
Interesting read this.This project was left by others because of Cost and picked up by pfc;
https://www.theafricareport.com/312476/after-withdrawal-of-totalenergies-algeria-turns-to-petrofac-for-its-arzew-project/