Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Why are we up today? Not complaining but this is a huge mcap to move by 3 plus percent!
Fre, it took us over 40 years to pay iran money we owed them for Tanks that were not delivered and even then we only paid to get some hostages back - what leverage does Zen have ? If it were a bhuddist company , zen might stand a chance lol.
Drift the usa economy is growing at around 3% based on energy costs that are half ours and taxation around 66% of ours which is reflected in future earnings and hence sp. Our prosects are grim and labour will not help. Net zero opportunities in the UK is what net zero means in reality.
So after millions spent in the courts the company wins the ruling but Tunisia does not pay, then what? Send them a threatening letter ? Send the boys round? Is any African country a safe place to do business these days?
The UK desperately needs cheap reliable energy just now. I heard the ceo of DOW interviewed on Bloomberg yesterday and he said our energy costs are double those in the states and they would not open any new plants in that environment and I guess the same can be said about all industries - Labour will not help and our decline will continue unless smrs come in at low costs , which i doubt somehow.
KK heaven forbid there is another war - where will we get the steel we need to arm ourselves? Maybe we dont need any bc we dont build ships anymore- who knows? The country is slipping further down the economic league way behind ireland now in gdp per person!
Impressive results out today in this dull sector!
Just added. I am interested to know if the higher interest rates that lead to higher annuity rates are good for the company- anyone offer a view? Ditto the reducing lifespan that has followed covid and a failing nhs?
Midestus, UK shares are low bc prospects are bad, government actions with taxes and the green agenda is damaging every company. Why there are not more bankruptcies and a housing crash is beyond me- maybe we need a labour government for that next phase in our decline!
Will the price increase announced today stem the fall in sp ? answer yes short term but likely accelerate it when sales fall. Imv tactica announcement to try and bring forward some volume. This company is headed for some big falls imv.