Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
further reading this is from fitch,
NEX's underlying business is robust and supported by management's unchanged public medium-term net debt/EBITDA target of 1.5x-2.0x. link below
https://www.fitchratings.com/research/corporate-finance/fitch-affirms-national-express-at-bbb-outlook-stable-02-11-2022
Went through October update and here is one risk.
"We expect to be in line with covenant leverage guidance of 2.5x to 3.0x net debt to EBITDA at year end"
Bells will start ringing on Thursday if it goes above 3.
100M shares at that time were about 20% of shares then + Increased debt level since 2020 should be considered as well
Just noted there has been no director deals on this for last 3 months..
Unions have timed it well. So if they can take their biggest chunk before results are out. Not sure if salary rise of 10% or something is awarded. But if yes then this will keep a depression in here for long.
Brought down average today to about 1.4 . Every pence going down hurts now. Hope next is a good week.
https://splash247.com/island-drilling-semisub-secures-more-work-for-petrofac-off-mauritania/
https://employeebenefits.co.uk/petrofac-repsol-staff-accept-20-2-pay-increase/
19-Dec-22 13:16:57 72.00 4 Buy* 71.60 72.00 2.88 O
19-Dec-22 13:16:57 72.00 4 Buy* 71.60 72.00 2.88 O
19-Dec-22 13:16:57 72.00 4 Buy* 71.60 72.00 2.88 O
19-Dec-22 13:16:57 72.00 4 Buy* 71.60 72.00 2.88 O
19-Dec-22 13:16:57 72.00 694 Buy* 71.60 72.00 499.68 O
19-Dec-22 13:16:52 71.936 2,771 Buy* 71.60 72.00 1,993 O
19-Dec-22 13:15:19 72.00 4 Buy* 71.60 72.00 2.88 O
19-Dec-22 13:15:06 71.796 2,751 Sell* 71.60 72.00 1,975 O
19-Dec-22 13:14:50 71.89 3,750 Buy* 71.60 72.00 2,696 O
19-Dec-22 13:14:50 71.89 390 Buy* 71.60 72.00 280.37 O
19-Dec-22 13:14:49 72.00 4 Buy* 71.60 72.00 2.88 O
19-Dec-22 13:14:49 72.00 250 Buy* 71.60 72.00 180.00 O
19-Dec-22 13:14:49 72.00 4 Buy* 71.60 72.00 2.88 O
19-Dec-22 13:14:49 72.00 4 Buy* 71.60 72.00 2.88 O
19-Dec-22 13:14:49 72.00 4 Buy* 71.60 72.00 2.88 O
19-Dec-22 13:14:49 72.00 4 Buy* 71.60 72.00 2.88 O