Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
I’ve learnt two things as an investor.
1. Patience unless the business is fundamentally flawed. This investment has a 43% share of a business that will go through a liquidity investment with Leap. The strategy will be to divest that as it’s outside of the target investment market. What will that be worth?
2. Never sell at the bell......
Don’t sell it then?
ultimately based on NAV per share, last FY we were at 6.7p per share, there have been some significant uplifts in holdings so i'd expect to get back to 15p and beyond once the FY numbers are released. As last post, what we do with the liquid cash is the key. If Ed is reading this ....... as per his presentation, investments were largely legacy, inherited investments. Some key calls and decisions to be made that are going to be the stamp of his tenure.
Unless I misread the RNS they are saying we can’t hold shares as they are involved in recreational cannabis. Overall good uplift and liquidise profit. It’s what we do with it and make some decent level investments so we are not simply traders.
sitting on the sidelines, realising the results are not far off and a likely SP gain. I bought back in, less than before as as has been well made, the sentiment on this share is nuts. To be fair there has been a general malaise in the market the last few weeks that i'm hoping is over as we head to new FY.
Ouch, i looked at SYME and decided that it wasnt for me, hope that gets sorted.
I had about 25 AIM stocks i reviewed before i jumped in here so slightly under water as it seems the gold price/ general malaise around miners has been about 4 weeks long. my "revised" portfolio is all looking rather sick, however i dont see any of them as "trades" i've tried to mix up investments and some will be 6 months, others much longer.
ECR was one that at the MCAP was a no brainer- i have a target of around 12-15p and i can be hopeful of timing but quite frankly, its sat in an isa so left to grow.
HZM is my other slightly more mature, nickel miner thats still sat around a recent raise price level. just wish i had more spare cash/ more balls to invest further in both of these!
lots of new coming soon. We have a nice new corporate presentation, you dont do that a) cos you're bored b) cos you think the LSE bulletin board needs it, you do it on the back of finding serious investment. GLA
Reading some tosh on these boards trying to ‘Read Ceos body language and lack of excitement’ really..... clearly no idea that if you have info that is share price sensitive you have to be super careful in interviews. RNS’s and Pr are checked numerous times for legal approval. As the more sensible on here have stated, wait and see. I note PREM jumped about 50% on no news Friday..... this will hopefully be a nice steady stream of flow.
To add that even with the best NDAs news will leak so watch any big jumps to signal a deal announced. Difficult to wait on the sidelines too long as there will be imminent news. Trading the range is dangerous on something like this as little movement
I think the point is from those investment links there are significant contacts and companies that are looking for a liquidity event. SP bouncing around as I expected it to. The simple rule here, hold for news.
Any news will get this moving. Interesting that other SPAC have announced a sector or target.
pedro also posts on "take a break", Daily Mail on line and those other online websites where if you scroll down and find the comments box, there are usually some upstanding members of the community who like to share their opinion, irrespective of if said opinion adds value, has merit or is founded in any research.....
Disappointed at the SP continued decline. Sat in the isa and can wait a couple of years to turn around. Simply needs some momentum with news. I’m in the same place that Nickel price great whilst we finalise finance, it can tank to dissuade others. Fundamentals all still strong.
Reflected on this overnight. For the US to ban a U.K. company would be a huge step. The U.K. govt haven’t taken sanctions so not clear what evidence the CBP would use other than a complaint. I’m sure they have banned operators before, linked to China and other protectionist measures. If share does drop, it’s a good opportunity to buy up as the results and addition of all of the new business starts to add value. Tills will be going nuts at the first sign of decent weather and the dread of a wardrobe revamp required for mid April.... when everyone has put on at least a stone.. well when I say everyone, I’m sure Dan l90 hasn’t......
That was exactly where my head was at. Not sure of the point of the query as the price has stagnated around a very tight range post raise. Toying with a further investment but will await some news before committing further.
If you’ve a spare few quid left after a trade I usually pop them into small shares. Most have a min £2 transaction!
Fair few SPAC’s about rather than a straight ipo
Feels like a mystery bag I used to get as a kid.... and they were s.hite haha.