Member Info for truegent

http://www.lse.co.uk/AllNews.asp?code=zxjy4srq&headline=Park_Group_Chairman_To_Sell_27_Stake_For_GBP326_Million_ALLISS

(that was the website, not me, who replaced those asterixes by the way !)

ye should be first thing tomorrow...s******....

well i sold my gbo a while back and removed it from my watch list....absolutely gob-smacked to give it a quick check just now...wow...isnt it wierd when its at circa 40p its a screaming buy, but when it drops to 25p its not (for me at least)... are globo's accounts for real ? thats always been the big question mark for the shorters. if they are then surely this is now the bargain of the century.

Probably people getting fed up with the sp not moving and putting the money in another stock. I bought more yesterday at 41p and I'm pretty chuffed with that.

Remember a couple of months ago when Rio announced the share buy back program and everyone got excited and brokers were all screaming buy and the sp shot up to £32 and everyone was saying 'I've got a £45 target on this stock' etc etc ? Well nothing has changed and now the price is £24 and the div yield is 6%...so its a top up at these prices and then another one at 20 quid.

...to sell at 60p as the shorters haven't disappeared...I was scoffed at...if it wasn't Greece it would have been something else....44p next stop then 40p then some good news then the annual report then back up to 60p next year.

...bad luck mate but thanks for sharing....

...is that all commodity type business are valued according to the price of that commodity. The oil companies are valued according to the price of oil, such as RDSB, the major miners are valued according to the price of probably iron ore etc, such as RIO. So its normal for PAF to be valued according to the price of gold and so its normal that their eps and therefore the sp has been hit during the last couple of years because they have been in the low grade cycle longer than expected. My view is that now the mine is in high grade cycle this will boost earnings next year and the sp shoutd be back at around 12p ish.

I haven't and I don't have the tools to do so (is this level 2 stuff ?) My experience As a globo shareholder (GBO) tells me not to place too much emphasis on this anyway.

Last year we got paid 14.10000 ZAR cents per share, which equalled 0.81268 pence per share. In other words 0.141 ZAR = 0.81268p, so 1 ZAR (0.141 * 7.092198581560284) = 5.76p (0.81268 * 7.092198581560284) today however the £ is stronger and 1 ZAR = 5.22p. In other words 1 ZAR cent = 0.0522p So if PAF maintain the dividend of 14.1 ZAR cents per share, in £ this would equate to 0.522 * 14.1 = 0.736 pence per share. So if you buy at 10p, you are getting a div yield of 0.736 / 10.5 = 7.4% Cobus was right to say this is an industry leading div yield. The thing between now and Xmas is to watch the zar against the £. But anything over 6% will be a great Xmas prezzie.

Ye I'm here ! Thankfully the price has stayed subdued today so i can top up !

....a much bigger drop today. If the so hold anywhere around the 95p mark I'm happy. Another plummet to circa 85p ill be topping up. Now looking forward to august's divs !

Yes but why ? Its like a yoyo this stock. Wouldn't surprise me if I went back to 1800p tomorrow. still a buy though.

...is the nice xmas dividend !

motley fool is often a good read but the authors are mostly pi's, so I view their opinion is the same as reading peoples opinions on this bb. As for PAF for me its a huge buy and I'm just gutted I don't have funds to top up.

...everybody breathe a huge sigh of relief ! The RNS started badly then seemed to pick up well. Div held, high grade cycle has commenced, eps due to rise next year..

I had about 10k invested before the div and yes I sold some at just above 1900p just before the ex div date.... still got loads left tho... if I had some spare cash I would be getting ready to top up again now...absolutely no worries at all with this company and the negative sentiment towards BGEO at the moment creates a great buying opportunity...

You got your wish...

Lair to sterling has gone down quite a bit over the recent weeks. This will explain the dip in sp as bgeo report in lari and pay the div in lari too. So you get less sterling for one lari. Hence I do not think the div (in sterling) will be as much as what is being quoted on hl website.