Pan African Resources Share Discussion Threads

[nofool] 20/5/2016 15:42

nofool holdings increase

[pixi] 19/5/2016 14:10

Pixi Holdings increase, bought 100k at 14.25p.

[mister md] 18/5/2016 13:27

OML holdings increase

[gymratt] 18/5/2016 09:03

HGM has woken up....PAF to follow? Meanwhile, a great buying/topping up opportunity ;@)

[nofool] 12/5/2016 20:00

Patience is a virtue. PAF should be 25p at some point within 12 months. I would expect it to go much further with the Gold Bull..

Just be patient (and add on the dips if you can..)

Doesn't have to be 5 mill btw (but if you can, it helps!)

[dangersimpson2] 11/5/2016 12:14

Gold doing well in Rand. Has big impact on forward profitability:


2015A 2016H1A 2016H2E 2016E 2017EGold price ZAR/Kg 446274 485215 622281 AISC ZAR/Kg 402221 396819 396819 Kg produced 5690 3247 3247 PBT (ZARm) 251 287 732 FX rate (ZAR/GBP) 18 20.83 21.9 PBT (£m) 13.93 13.78 33.43 PAT (£m) 10.31 10.20 24.74 shares in issue (m) 1831 1831 1831 EPS (p) 0.56 0.56 1.35 1.91 2.70SP (p) 15.25 15.25P/E 8.0 5.6



Forward P/E's of 8.0 & 5.6 probably slightly optimistic because they have a little bit of hedging but should be right sort of ballpark if production, gold prices, FX & costs remain at today's level.

[fsawatcher] 11/5/2016 11:12

this fall soon

[srpactive] 06/5/2016 16:01

Gold looking good, 16p very soon.

dyor

regards

active

[gymratt] 06/5/2016 08:55

..I'll stick my neck out and 'say' if gold can get past $1400 then I expect PAF share price to be 25p+ ,AIMHO.

[gymratt] 06/5/2016 08:41

Nice 5m buy, nofool. You must have deep pockets!
Any share price predictions?
;@)

[srpactive] 06/5/2016 07:38

Was that your 5m at 14.75p purchase at the close?

[nofool] 05/5/2016 23:47

How different a graph can look once nofool comes to the rescue eh.

[nofool] 05/5/2016 14:06

I've been playing over at AVM (still am!)

Ploughing profits back into PAF again.

Good ol' PAF eh! Solid up trend, and unlike HGM (and AVM!), hasn't gone into a bit of a spike yet.

Congrats srpactive on your investment over there btw. I got frustrated and jumped ship at 70p lol!

Oh well, could be worse, put my money on Coeur Mining in the US instead.

[nofool] 05/5/2016 14:04

no fool to the rescue!

[srpactive] 05/5/2016 14:02

Hello my friend.

[nofool] 05/5/2016 12:08

..and UP goes the offer! Nice work if you can get it.

[nofool] 05/5/2016 12:06

That's me piling in again now.

I'm no fool.

[aishah] 04/5/2016 15:53

Stock in Focus Portfolio: Will Pan African Resources deliver golden returns?
Wednesday, May 04 2016 by Roland Head

This year’s rebound in the gold market has an authentic feel, in my view. The gold downturn started much earlier than the slump in the oil and the general mining downturn.

Until a few months ago, gold mining stocks had been out of favour for some time. That situation now seems to be changing.

Gold miners that worked hard to cut costs during the downturn are now starting to reap rewards. While I’ve been writing this article, gold touched $1,300 per ounce. That’s a 22% rise so far this year.

While I’m not sure how long gold’s momentum will last, the evidence suggests that gold has now bottomed out and entered a new upcycle.

Shares in many gold miners have already risen by 50-100% this year. This week’s portfolio selection, Pan African Resources, is no exception. At the time of writing, these shares have risen by 92% so far this year. Yet unlike some of its peers, Pan African still looks good value.

The stock trades on a low forecast P/E with a generous yield. Pan African also benefits from a decent level of analyst coverage, which should help us to form a more meaningful opinion about the near-term outlook.

Pan African Resources’ StockRank of 98 means that it has risen to the top of the Stock in Focus portfolio screen this week, and will be the next addition to the SIF portfolio.

[coincall] 02/5/2016 12:47

Now $1301.

Anyone following SPA.V?

[srpactive] 02/5/2016 10:45

Gold virtually $1300.

[aishah] 30/4/2016 17:27

Yes. I have some NUGT etf which is up 300% this year. Not bailing yet as I think there is more to come. PAF is now a doubler but has some way to go. Dyor.

[tom111] 30/4/2016 14:38

With negative interest rates helicopters ready for more printed money gold seems the only bet in town

[srpactive] 29/4/2016 22:37

1292, boom times.