Pan African Resources Share Discussion Threads

[1_dma] 21/11/2023 16:08

Just4many, yes their earnings will increase notably off the increased gold pricing,quite a few forecasters are saying its heading to $2400 levels.

[justiceforthemany] 21/11/2023 15:54

Gold now above $2,000
At these levels EPS could even hit 5p.

[1_dma] 21/11/2023 15:46

Hi Dantee

My best guess would be a big miner already operating in SA but i would not rule out a newcomer to the country looking for solid gold assets.I have a few ideas which i will post up in the next few days and may add some of my research too :-)

[dantee] 21/11/2023 15:11

Xb6

Surely that sort of manipulation does not go on lol

Anyways back to the point - anyone here think it likely to be a big miner with a footprint in SA or region could take us out ? or could it be more like a hedge fund type deal ?

[xb6] 21/11/2023 14:51

Cheers 1_dma - gold price is booming today and broken through the $2k level !

Call me cynical but it looks to me like there is a positive update coming before or at AGM and someone wanted a few cheaper beforehand.Now is looking very strong on L2 and we might close a few percent up today IMO

[1_dma] 21/11/2023 14:37

Hello, and welcome to the new thread chaps! and yes i did think a new forum was needed and hopefully we can keep it clean and concise.

[dantee] 21/11/2023 13:51

ditto to the need for new thread guys - been a holder here for a number of years and for first time am quite excited about a possible takeover.My thoughts are that the gold sector in general is hotting up and there are few profitable producing gold mines around that could easily be bought especially in SA region.

For quite a few reasons this company looks a very decent T/O candidate indeed.

[justiceforthemany] 21/11/2023 13:49

M&A usually happens when you least expect it. Centamin seems a more likely takeover prospect right now IMO but of course anything can happen.

[xb6] 21/11/2023 11:44

Nice to see a new dedicated thread for PAF and a place to discuss the future possible Takeover.Personally i think its very very likely. Great take on things there 1_dma !


1_dma - 21 Nov '23 - 10:19 - 1 of 4

Pan African Resources could now be a PRIME takeover target for either an existing regional player or indeed a new entrant looking for producing Gold assets in South Africa.The company has been steadily building its output and reducing debt, and has been paying healthy dividends to shareholders for a number of years now. Yet this progress has not translated into a fair market valuation compared to its peers in the sector so far and surely makes it vulnerable to a takeover approach.

PAF currently has a PE "price to earnings ratio " of around 3 compared to sector averages of 10+ ,but has a record of paying an over average sector dividend of around 6% ( compared to sector average of 3% ).

The current Gold Mining enviroment and high commodity prices also make Pan African even more attractive given its industry leading profit margin of near 20% and very high ROE ( return on equity )

[justiceforthemany] 21/11/2023 11:25

Those attending AGM need to ask the Board and Investor Relations why the share price is so low. I can only think hedge funds are selling (why?) and the company is a victim of manipulation and a shorting attack.
P/E of 3 is ridiculous, should be 10+

[1_dma] 21/11/2023 10:19

Pan African Resources could now be a PRIME takeover target for either an existing regional player or indeed a new entrant looking for producing Gold assets in South Africa.The company has been steadily building its output and reducing debt, and has been paying healthy dividends to shareholders for a number of years now. Yet this progress has not translated into a fair market valuation compared to its peers in the sector so far and surely makes it vulnerable to a takeover approach.

PAF currently has a PE "price to earnings ratio " of around 3 compared to sector averages of 10+ ,but has a record of paying an over average sector dividend of around 6% ( compared to sector average of 3% ).

The current Gold Mining enviroment and high commodity prices also make Pan African even more attractive given its industry leading profit margin of near 20% and very high ROE ( return on equity ) .

[1_dma] 21/11/2023 10:18

Pan African Resources plc, based in London, is a leading African-focused precious metals producer and exploration company. With operations in South Africa and Zimbabwe, the company specialises in gold mining and production. Pan African Resources plc's commitment to responsible mining practices and sustainable development is evident in its operations. The company's strategic approach to exploration and production has contributed to its reputation as a reliable gold producer, making it a significant player in the precious metals industry in Africa and beyond.


~Thread House Rules ~

This Thread is intended to be a Troll Free Place where shareholders of Pan African can discuss the potential future Takeover of the Company - its likely suitors - and potential values of any such Deals.

Please Refrain from Rudeness and swearing , any obscene behaviour will be reported.

[fx analyst] 20/11/2023 16:57

stonedyou,

Ok just wondered,i am attending this year and will be having a few days in town afterwards with the wife ( spending the divi lol ).

Great post on the festival gold - always a good driver IMO

[stonedyou] 20/11/2023 15:59

Festival gold demand appears to have been strong in India.

Preliminary import data show that gold imports in October may have risen by ~50%
year-on-year during the month to ~115 tonnes, suggesting that festive
demand for gold was stronger this year than in 2022. The Hindu
festivals of Dhanteras and Diwali, held earlier this month, tend to be
drivers for gold purchases so dealers stocked up in October. In the first
nine months of the year, Indian gold demand was 3% lower year-onyear at 481 tonnes (source: World Gold Council). To match last year’s
level of gold consumption, Q4’23 will have to be the strongest quarter
for demand in two years. When adding October’s imports to year-to-date
demand this looks possible, though not probable, as without the demand
catalysts of the November festivals, the persistently high gold prices in
India may crimp demand to the end of the year.


The gold price rose by 2.15% last week following an easing in dollar
strength. By the end of the week’s trading gold stood just below
$2,000/oz

[1_dma] 20/11/2023 15:39

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[fx analyst] 20/11/2023 12:49

stonedyou

Are you attending the AGM ?

[sammy g] 19/11/2023 11:22

Hi all,

Been a while since i looked in here but am very interested in the latest talk of Takeover etc and that news of the WHEATON deal friday.

Personally i think Pan African would be a highly attractive Aquisition to a number of regional players and this could well come to fruition.I dont agree with some of the high valuations that could be made but i do think 30p a share could well be possible here.

I have always thought that Pan African are a well run outfit that could be bought at some point - maybe just maybe that time is coming soon.

[dantee] 17/11/2023 16:13

allesandro

Have just had a cheeky top-up :-) i agree with your comments there and i feel lots of excitement about to begin here.