Pan African Resources Share Discussion Threads

[chipperfrd] 18/5/2018 15:20

Broker forecasts:


Year 2018 2019 2020Turnover 173.8 +3.6% 179.2 +3.1% 206.6 +15.3%EBITDA 36.0 +37.8% 63.5 +76.1% 71.8 +13.1%EBIT 24.9 +77.5% 42.0 +68.8% 58.2 +38.4%Pre-tax profit 25.2 +124.8% 36.2 +43.6% 50.7 +40.1%Post-tax profit 13.0 +17.6% 22.0 +68.5% 31.5 +43.5%EPS (p) 1.3 +85.7% 1.4 +7.7% 1.6 +14.3%Dividend (p) 0.4 -10.6% 0.5 +25.0% 0.8 +60.0%CAPEX 82.2 +131.2% 36.4 -55.7% 15.2 -58.1%Free cash flow -54.9 2.1 43.7 +1981.0%Net borrowing 74.6 +1297.3% 90.3 +21.1% 82.1 -9.1%NAV 206.5 -4.7% 214.8 +4.1% -



If correct, 2020 dividend return would be c. 11% of current price.
Chip

[edjge2] 18/5/2018 08:22

Certainly value here, no recent divi details on ADVFN despite Edison

[justiceforthemany] 17/5/2018 10:44

Pan African Resources has five major precious metals assets in South Africa: Barberton (target output 95koz Au pa), the Barberton Tailings Retreatment Project (20koz), Evander (95koz), the Evander Tailings Retreatment Project (10koz) and Elikhulu (53koz).

[edjge2] 14/5/2018 10:45

May not be a spring up but likely gradually creep

[rackempackemandstackem] 14/5/2018 09:00

Bought a few. This looks coiled and ready to spring.

[edjge2] 11/5/2018 08:21

could this be the beginning of a breakout?

[edjge2] 10/5/2018 13:24

Got a bit to go for me but little by little.

[macthepak] 08/5/2018 17:24

Part of the reason for the fall was the strength of the rand v the US dollar.

Over the last few weeks the rand has fallen against the dollar.

Hopefully the rand will continue to weaken and this will be reflected in a rising PAF share price.

[edjge2] 08/5/2018 08:25

Price rising a little at last. If gold rises I suppose levander et al in different light. Hope share price rises to get air soon.

[fangorn2] 04/5/2018 23:07

"They are stupid as this behaviour will destroy their economy and drive away foreign investment. Mantashe and Ramaphosa are idiots it seems."

Bingo.

Having lived in Sarf Africa that is spot onski.

But there ya go.

[justiceforthemany] 04/5/2018 19:10

They are stupid as this behaviour will destroy their economy and drive away foreign investment. Mantashe and Ramaphosa are idiots it seems.

[fangorn2] 03/5/2018 21:09

Simon Lincoln Reader now very pessimistic on where Sarf Africa is headed.
James Delingpole podcast


Worth a listen as it gives plenty of info about the politics of the new Govt.

[justiceforthemany] 03/5/2018 13:50

Edison research value PAF at closer to 20p. I would say 25-30p is fair.

[justiceforthemany] 02/5/2018 23:16

I have been saying for months there is no point producing gold at a loss. Evander was the only loss making mine and was reducing profits so makes sense to suspend. Redundancy money paid to the workers there and the gold will not go anywhere until gold price rises again.

[stonefold] 02/5/2018 16:23

Retrenchment = Reduction of costs (staff redundancies) in response to the strong Rand/ US dollar exchange rate which made the Evander Mine uneconomical.

This has been expected for many months.

This action will help to make the remaining jobs more secure.

[dogray123] 02/5/2018 15:54

RE operation update what does employies retrenchment please

[edjge2] 01/5/2018 14:57

London price does not seem to follow Joburg, odd.

[astjgroom] 30/4/2018 16:13

Hmmm, I have no idea, let's hope it's just random. He hopes.

[justiceforthemany] 30/4/2018 14:52

Very quiet board. Down 9% in Jo/burg

[justiceforthemany] 30/4/2018 12:45

Something adverse happened at 1115AM - ??
No large trades/sells that I can see.

[stonefold] 26/4/2018 12:27

Holdings RNS
PUBLIC INVESTMENT CORPORATION SOC LIMITED
Have switched to buying mode, increasing by 10,124,245 shares in the last couple of months.
Their holding total now = 96,107,711


---
Some big transactions.

Yesterday 2,500,000 at 7.42p
Today 2,500,000 at 7.5p

[astjgroom] 26/4/2018 09:12

Strange, that 66,987 buy was mine, but at a lower price

[astjgroom] 24/4/2018 10:51

Finally...