Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
I think it is a very revealing post, especially where he says people were questioning my ability to be Ceo. Well I guess exposure to the demands of a public listing has turned those few into a much larger number. Frankly MM is egotistical and not very bright imv.
From a market report;
Sports retailer Dick’s Sporting Goods soared 15% after its holiday-quarter earnings and revenue beat expectations, allowing the company to boost its dividend along with its upbeat forecast.
I think this company is heading for a 90% fall in its sp. Why - china is now making EV's at bargain prices therefore margins will disapear and in any event the US market has stalled. To put icing on the cake Trump hates EV's which will not help sentiment, especially as the November election looms.
Dug, If we are not in the trial I do not think it will be a blood bath because our sales efforts [laughable though they are] seem to be in the USA and just now our sp assumes only small volumes. What I see as the real crime is the assumption that we wont be in the Transform project. Predictions of 1000 sales per day means around 200 in uk and 800 in usa. That is about as many needed in each small town it is a pathetic ambition. The transform project must be assuming thousands per day. There are 1 million ish psa tests per annum in UK , 3000 per day and we are aiming for 6% of that . Does that need any sales people??
I disagree with this thread. If you look back at Director deals you will see that Diggle has pumped millions into this company at prices as high as 67p. Addmittedly his last sells and subsequent buys have been to his advantage but he has just pumped another £200k into the company. Can you imagine what you would say to our CEO, if your stake had fallen by £5m in the last few weeks? And then be asked for yet more cash. I think he is the best hope for investors as he has so much skin in the game and he has a great track record.
Heardy the virus was not a con people really did die and lots are still sick - we are lucky it has morphed into someless less deadly. It could make a come back but with herd immunity that seems unlikely.
Here's the thing. I live within driving distance of the AGM and am wondering whether to attend as I know I will feel frustrated by being given bs answers to reasonable questions. What is really needed is a presentation that demonstrates there is a comprehensive marketing strategy for both UK and USA and a route map for inclusion in the trial. I would also like to understand what all the team are doing as there are many products in theory in train. I need a couple of hours not a two minute answer. So in a nut shell what questions would people here ask?
The 180 pse test total is about 40 per month to date and I am expecting we should get a graph at agm showing the exponential growth . In fact each of the many senior managers could probably tell how many they have sold and to whom.lol.
3 things come to mind.
1. At least it is done and that certainity is worth having
2. Looking at the PSE test blurb I was surprised to read
'Initial marketing for PSE has primarily been focused on building awareness of the test, through online content targeting general physicians and urologists and men in specific groups such as age brackets or geographies and their families'.
As a man in the specific age groupI have seen zero on line marketing .The further info about conference attendence etc left me cold - this needs a big push at consumer level to increase demand.
3. Test numbers to 9 Feb , over 1 month ago , I mean does anyone care? Retailers have daily sales figures.
Adidas have exceeded their expectation and are looking forward to olympics paralympics eurs and copa. Highlights;
Major developments FY 2023
Currency-neutral sales flat versus prior year; significantly above initial expectations
Top-line development reflects conservative sell-in, focus on full-price business, and lower Yeezy sales
Gross margin up 0.2pp to 47.5%, due to better business mix and lower freight costs; largely offset by significant negative FX effects, higher product costs, and higher discounting
Operating profit of € 268 million almost € 1 billion better than initially expected
Inventories improve strongly to € 4.5 billion, down almost € 1.5 billion year-over-year
Executive and Supervisory Boards propose dividend of € 0.70 per share
Think we should get about 5p lift from this.