Directors Buying Directors buying en masse.Strong balance sheet after the placing last year.Equity ratio 3.3 = excellentGold production to increase very soon.Dividend twice covered by earnings yielding 4%P/E of just 11Was trading as high as 22p not so long ago
Re: Dividend? shugg1e - I am not sure why you are expressing emotion driven stuff, as you seem experienced investor. I know PAF has been frustrating, BUT 'hopefully' it will do well when markets get a bit fractious, and gold moves back into favour. Hope all goes well -
Re: Dividend? looks like its going down the toilet for now.A total dog
Dividend? A 50% reduction on last year :when will this share come to life?Comment appreciatedRegards to fellow holders
BIANCABOT bought at 14.875 mid Geared to gold and silver
NEW ARTICLE: Trends and Targets for 31/08/2017 " HURRICANE & PAN AFRICAN (LSE:HUR & LSEAF) The plethora of damp misery from the USA almost demands we visit HURRICANE ENERGY just to remain on-topic. Whereas a client rather spoiled our aloof behaviour by advising PAN AFRICAN are liable to ..."[link]
Re: Gold recovering a bit.... ...just to expand on my 'third time lucky' comment - I am hoping that IF the SP can move above the 200 day EMA. it will hold and make more progress. Best of LUCK to all holders -
Gold recovering a bit.... Unfortunately its on the back of all the uncertinty in the US/Trumps utter ineptitude ( Now Donald does your foot belong in your mouth!? Its becoming something of a habit!) AR(Despite everything I hope Gold does well and PAF can make some more progress.)The 200 day EMA looks within reasonable reach. With a bit of luck and a fair wind....... its been a tough old year for gold and PAF.! Kets hope its third time lucky for PAF.
Re: Trades rr - I agree, as its never a good idea to 'sell' (or buy) driven by emotion - I read a very interesting piece on marketwatch.com the other day, it suggested gold could double when/IF markets hit some turbulence in a few months, SO I will see what happens to gold, and hope it can at last recover, BUT the guys view was based on stocks taking a hit (which seems plausible to me) if I remember correctly Ya pays ya money etc etc... ATB to all -
Trades Lots of buys today. Glad I held on.
Re: 40 Million shares traded today Yes me too.Casa.
Re: 40 Million shares traded today Too risky for me now, I'm out.
Re: 40 Million shares traded today LarryNot altogether surprised that PAF did not respond to your email, as they would probably consider a response would be needed to the market, as it is arguably price sensitive, as well as requiring judicious thought first.I agree South Africa is becoming a bear pit for resource investors. Mining etc is an easy target for the SA Govt.
Re: 40 Million shares traded today I also emailed the company but got no response.
Re: 40 Million shares traded today Hello Larry,Thanks for the tip off. I sold NXR a few months ago due to the lack of good political leadership, corruption and cronyism. It looks like the polirical and economic climate in South Africa is going to get worse before it improves. Casa.