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Re: Pan African [message #41710] Thu, 03 September 2009 10:45 Go to previous messageGo to next message
Bulletjie09  South Africa
Messages: 568
Registered: January 2009
Senior Member
EEZY wrote on Thu, 03 September 2009 10:19

Bulletjie,
What would be a good entry price on PAN?


Don't know EEZY Smile As PAN/PAF results in £ I expect the LON price is the 'market' Rolling Eyes PAN is a very illiquid stock - but its trading at a very low PE compared to others. Also the PAN/PAF arbitrage is large - don't think PAN will really ligt off before the UK:PAF catch up.

Probably these levels are good entry points - but if the tide turns you'll easily found you with no buyers if you want to get rid. (66ZARc seems a very strong support)

Date	090903				
		JSE	LON		
PAN	ZARc	82.00	75.96	-7.4	%
PAF	pence	6.48	6.00	8.0	%
ExchRate	ZAR:£	12.66	12.66		

Inst	PE	DY	CL	Potential
PAN	6.9	4.4	76	193
DRD	17.5	0.8	565	565
GFI	23.7	1.1	9906	
HAR	30	0.6	7605


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Re: Pan African [message #41925] Mon, 07 September 2009 22:22 Go to previous messageGo to next message
Pothole  South Africa
Messages: 1998
Registered: September 2007
Senior Member

Good volume in London today!
Looking good at 84c on JSE as well.
Are the big sellers (weak hands) finally being shaken out.....
Rolling Eyes

The Share Market is NOT driven by Fundamentals.....
Greed, Fear, ..... Patience!!

*** Please do own research ***
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Re: Pan African [message #41933] Tue, 08 September 2009 07:40 Go to previous messageGo to next message
Toad  South Africa
Messages: 632
Registered: March 2008
Senior Member
Pothole wrote on Mon, 07 September 2009 22:22

Good volume in London today!
Looking good at 84c on JSE as well.
Are the big sellers (weak hands) finally being shaken out.....
Rolling Eyes

Let's hope so! Very Happy
Been holding onto this one through thick and thin (when I was supposed to dump it).
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Re: Pan African [message #41934] Tue, 08 September 2009 08:00 Go to previous messageGo to next message
Bulletjie09  South Africa
Messages: 568
Registered: January 2009
Senior Member
Seems the LAN/JSE arbitrage gap is increasing again Sad The absence of our USA counterparts could be see in the severe drop in volumes.

Volume wise - PAN sure kick dirt Smile (It is assumed that the USA holiday was responsible for drop in volumes yesterday......)

PAN/PAF still has tremendous potential (PE-wise)


Date	090907					
		JSE	LON			39ema
PAN	ZARc	84.00	76.14	-9.4	%	72
PAF	pence	6.62	6.00	10.3	%	
ExchRate	ZAR:£	12.69	12.69			

Date	090907								090904	090907
Inst	PE	DY	CL		Potential	wrt			Volume	
					DRD	GFI	HAR		 '000	 '000
PAN	6.9	4.4	84		229	299	391		5117	1654
DRD	18.8	0.8	636		636	832	1086		663	300
GFI	24.6	1.1	10615		8112	10615	13851		4862	1983
HAR	32.1	0.6	8399		4919	6437	8399		4708	1484

[Updated on: Tue, 08 September 2009 08:08]

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Re: Pan African [message #41942] Tue, 08 September 2009 08:36 Go to previous messageGo to next message
Bulletjie09  South Africa
Messages: 568
Registered: January 2009
Senior Member
Oops - wrong exchange rate..

Date	090907					
		JSE	LON			39ema
PAN	ZARc	84.00	74.58	-11.2	%	72
PAF	pence	6.76	6.00	12.6	%	
ExchRate	ZAR:£	12.43	12.43
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Re: Pan African [message #43445] Fri, 25 September 2009 15:03 Go to previous messageGo to next message
MJT  South Africa
Messages: 273
Registered: May 2008
Location: Tokai
Senior Member
Huge volumes going through PAN in the last half an hour @ 80 c
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Re: Pan African [message #43447] Fri, 25 September 2009 15:08 Go to previous messageGo to next message
Pothole  South Africa
Messages: 1998
Registered: September 2007
Senior Member
Bulletjie et al,
Help me out here....
I see PAF trading at 7.45 in London.
That is 7.45 x 11.9 = ZAR 0.8860
Now, that is significantly higher than the curent JSE price of R0.80!!! 10% in fact!
Am I missing something here?
Or are people selling way below price in SA?
And the London price of the day (up 15% so far) is supported by excellent volume!
Something happening here? On a day when (other) Shocked gold shares are getting hammered!?

[Updated on: Fri, 25 September 2009 15:09]

The Share Market is NOT driven by Fundamentals.....
Greed, Fear, ..... Patience!!

*** Please do own research ***
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Re: Pan African [message #43448] Fri, 25 September 2009 15:29 Go to previous messageGo to next message
Bulletjie09  South Africa
Messages: 568
Registered: January 2009
Senior Member
Pothole wrote on Fri, 25 September 2009 15:08
Bulletjie et al,
Help me out here....
I see PAF trading at 7.45 in London.
That is 7.45 x 11.9 = ZAR 0.8860
Now, that is significantly higher than the curent JSE price of R0.80!!! 10% in fact!
Am I missing something here?
Or are people selling way below price in SA?
And the London price of the day (up 15% so far) is supported by excellent volume!
Something happening here? On a day when (other) Shocked gold shares are getting hammered!?



Something is brewing for sure?

Best to top up your holdings at these discount ZAR levels then Twisted Evil
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Re: Pan African [message #43532] Mon, 28 September 2009 20:03 Go to previous messageGo to next message
Bulletjie09  South Africa
Messages: 568
Registered: January 2009
Senior Member
The ZAR has risen against the PoundSterling - negating some of the gains PAF made against PAN. The large arbitrage between the two is negated and trading volumes in PAF is exceptionally high.

Date	090928				
		JSE	LON		
PAN	ZARc	83.00	85.77	3.3	%
PAF	pence	7.02	7.25	-3.2	%
ExchRate	ZAR:£	11.83	11.83
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Re: Pan African [message #43533] Mon, 28 September 2009 20:10 Go to previous messageGo to next message
Pothole  South Africa
Messages: 1998
Registered: September 2007
Senior Member

Should have bought a lot more when PAN was down.... Sad
It has been improving quite nicely when other SA gold stocks were not performing!
High volume is encouraging as well!

The Share Market is NOT driven by Fundamentals.....
Greed, Fear, ..... Patience!!

*** Please do own research ***
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Re: Pan African [message #44231] Mon, 12 October 2009 00:06 Go to previous messageGo to next message
Bulletjie09  South Africa
Messages: 568
Registered: January 2009
Senior Member
Dear all

Note that LSE:PAF is leading by massive ~10%.

Date	91009				
		JSE	LON		
PAN	ZARc	91.00	99.71	9.6	%
PAF	pence	7.76	8.50	-8.7	%
ExchRate	ZAR:£	11.73	11.73


Enjoy the good times....

Kitco launches index to measure "real" gold price

LONDON (Reuters) - Montreal-based gold dealer Kitco has launched an index tracking gold in a variety of currencies, that it says will enable investors to monitor prices independently from the U.S. dollar. [snip]
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Re: Pan African [message #44275] Mon, 12 October 2009 15:38 Go to previous messageGo to next message
Bulletjie09  South Africa
Messages: 568
Registered: January 2009
Senior Member
Rolling Eyes
Me again....

Very Happy

Gold could climb to $ 1,879 by 2013

Gibson also identified Avocet Miningc, Pan African Resources and Vatukoula Gold Mines as "attractive investment targets."
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Re: Pan African [message #44376] Wed, 14 October 2009 11:06 Go to previous messageGo to next message
Bulletjie09  South Africa
Messages: 568
Registered: January 2009
Senior Member
Seems I'm the only supporter Rolling Eyes (like a WP supporter at Loftus)

Nice volumes coming through... Smile

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Re: Pan African [message #44379] Wed, 14 October 2009 11:29 Go to previous messageGo to next message
621  South Africa
Messages: 1
Registered: October 2009
Location: jhb
Junior Member
i believe this share will move , patience Very Happy
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Re: Pan African [message #44391] Wed, 14 October 2009 12:37 Go to previous messageGo to next message
Toad  South Africa
Messages: 632
Registered: March 2008
Senior Member
Bulletjie09 wrote on Wed, 14 October 2009 11:06
Seems I'm the only supporter Rolling Eyes (like a WP supporter at Loftus)

Nice volumes coming through... Smile



Nope ... me too ... except ... I can kick myself for selling off a third just before the last spike. Laughing
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Re: Pan African [message #44438] Wed, 14 October 2009 16:57 Go to previous messageGo to next message
Pothole  South Africa
Messages: 1998
Registered: September 2007
Senior Member
Bulletjie09 wrote on Wed, 14 October 2009 11:06
Seems I'm the only supporter Rolling Eyes (like a WP supporter at Loftus)





Hehehe.... Nope, more like a Bull(-etjie) supporter at Newlands....
Very Happy
Toad, I don't have to kick myself for selling. Confused I DON'T SELL!
Rather kick myself for buying int he first place and NOT selling when Protrade was nagging and predicting the drop (and selling) at around R1.30/R1.40.....
Feels like ages ago!
(By the way, is Protrade still around?? Perhaps under a different name?? Twisted Evil )
But I am optimistic too! If ONLY the darn ZARand will get out of the way! Mad

The Share Market is NOT driven by Fundamentals.....
Greed, Fear, ..... Patience!!

*** Please do own research ***
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Re: Pan African [message #44444] Wed, 14 October 2009 19:12 Go to previous messageGo to next message
Toad  South Africa
Messages: 632
Registered: March 2008
Senior Member
Pothole wrote on Wed, 14 October 2009 16:57
Bulletjie09 wrote on Wed, 14 October 2009 11:06
Seems I'm the only supporter Rolling Eyes (like a WP supporter at Loftus)





Rather kick myself for buying int he first place and NOT selling when Protrade was nagging and predicting the drop (and selling) at around R1.30/R1.40.....
Feels like ages ago!


Yup did the same thing! Managed to average mine down to R0.79. Sold a third at R0.81, thinking I would at least be able to break even on some of it. Laughing Now I'm itching to sell the rest.
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Re: Pan African [message #44660] Mon, 19 October 2009 19:50 Go to previous messageGo to next message
Bulletjie09  South Africa
Messages: 568
Registered: January 2009
Senior Member
Hmm - seems the BIG BOYS have joined the fun....

SENS out.
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Re: Pan African [message #44682] Tue, 20 October 2009 09:16 Go to previous messageGo to next message
Bulletjie09  South Africa
Messages: 568
Registered: January 2009
Senior Member
Toad wrote on Wed, 14 October 2009 19:12

Yup did the same thing! Managed to average mine down to R0.79. Sold a third at R0.81, thinking I would at least be able to break even on some of it. Laughing Now I'm itching to sell the rest.


Hmm - Sold about 5% of my PAN yesterday - with decent gain Very Happy - before INVESTEC's sense came out Sad . It sparked a lot of intrest. Think this BABE's going to reach 110 soon Twisted Evil

[Updated on: Tue, 20 October 2009 09:16]

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Re: Pan African [message #44694] Tue, 20 October 2009 11:10 Go to previous messageGo to previous message
ExpatTrader  Saudi Arabia
Messages: 372
Registered: January 2009
Location: Forbidden Kingdom
Senior Member
Nice to know that I can follow PAN on the Sharenet Major Moves, now that it is above 100. Very Happy
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