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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Lonzim | LSE:LZM | London | Ordinary Share | IM00B28CVH58 | ORD 0.01P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
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|---|---|---|---|---|---|
| 0.00 | 0.00% | 17.75 | 0.00 | 01:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 17.75 | GBX |
Lonzim (LZM) Share Charts1 Year Lonzim Chart |
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1 Month Lonzim Chart |
Intraday Lonzim Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 01/3/2012 | 18:53 | LONZIM :::::::::::: Invest in Zimbabwe! | 824 |
| 01/3/2010 | 08:26 | LONZIM - The Positive Thread | 27 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
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| Top Posts |
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Posted at 22/1/2012 12:51 by tenapen Masawara PLC (AIM:MASA) is pleased to announce the commencement of dealings in its ordinary shares of US$0.01 ("Ordinary Shares") on the Alternative Investment Market of the London Stock Exchange following the issue of 30,957,863 million shares at 50 pence per Ordinary ShareInitial market capitalisation of US$80 million at the Placing Price and US$25 million new funds raised § The Company intends to pursue high quality new investment opportunities in Zimbabwe, adding to an existing portfolio of Zimbabwean assets, to participate in the recovery of Zimbabwe's economy. The directors believe that the growth of Zimbabwe's economy over the medium term will accelerate as the momentum of the political stability gathers pace Cont... ------------------ I do not presently hold, LZM or MASA. Good Luck |
Posted at 30/11/2011 14:23 by tenapen Hi John,I do not hold LZM at the Moment but i have bought and sold a few times over the years to various degrees of success and failure. Indigenization looks like a new form of 'grab' to most people and that may be why investment in Zimbabwe as slowed and companys like LZM & MWA have gone nowhere. The last i read the 51% is a target but the Government will be flexible and review every case individualy. Some companys have been sent away to review their numbers but i did not read the details, It will be interesting to see what Barclays ZIM do when they come a knocking. LZM could be underneith the radar as the different parts of the group are quite small and not in the mining sector ;-) . Todays fall in the LZM share price is possibly a reaction to Lonrho's share crash of the past week or two (i hold lots of Lonrho shares :-( ) They say Mr Mugaby as cancer and his party are already in a power struggle and with the elections expected for 2112 if the MDC can over come the violance and win the election maybe they can water this bill down. So Zimbabwe is worth keeping an eye on for the outcome of the election !. Regards. |
Posted at 30/11/2011 12:49 by jonwig Fancy meeting you here, Tenapen!I haven't looked at this for four years and wondered what was going on with the price fall. It did start with the FY results, and this caught my eye immediately: Indigenization Following an extensive review and in-depth discussions the Company submitted a proposed indigenization plan to the Government, which has been welcomed and approved. The process is subject to various clarifications and recommendations. The plan outlines an agreed process whereby, via Zimbabwean financial institutions, state institutions and the wider population, it is possible for 51% of the equity in the Company to be acquired by Zimbabweans over a four year period. Would welcome clarification, but it looks like a land grab to me. |
Posted at 23/9/2011 16:29 by ceohunter The directors of LonZim (AIM: LZM), Beowulf Mining (AIM: BEM), Respect Your Universe (OTCBB: RYUN) and Wasabi Energy Limited (AIM: WAS) will be presenting on: Tuesday 11th October 2011 Venue: Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB (Charles Suite) The presentations will start at 6:00pm and finish at approx 8:00pm. After the presentations are complete the directors will also be available to take questions during a free canapé and wine reception. REGISTER YOUR ATTENDANCE HERE: OR EMAIL: events@proactiveinve |
Posted at 03/6/2011 17:55 by tenapen LZM have had six 'holdings in Company' RNS's in three days.All good !. |
Posted at 11/5/2011 19:25 by tenapen A good rise in the share price today :-) . I just wish i had deeper pockets and the conviction of my thinking to have had a wee top up on Monday.With no RNS from LZM i had a look for a reason for todays rise and the only thing i can see is that the Celsys Telecoms division in no longer there !. As we see from the below Copy & Past it say 'four' divisions and yet only 'three' are named. Either that or the Interim Results are out tomorrow and word as leaked that they are good as i expect / hope :-) -------------------- Celsys Limited is listed on the Zimbabwe Stock Exchange and comprises of four operating divisions. * Celsys Print * Celsys IT * Celsys Marketing |
Posted at 08/5/2011 15:54 by tenapen It was on the 11th of May 2010 when we got last years Interim results so i am hoping we get the results next week. When it comes i am expecting or hoping that they will be very good and my reasons for this optimism ?. Firstly take out the political rick and confusion of the proposed indigenisation bill my reading of the African web sites shows that Zimbabwe as recovered strongly since tieing its currency to the US $. On Friday there was two late RNS's and both from the Amercan investmant company, CONSILIUM EMERGING MARKET ABSOLUTE RETURN MASTER FUND LTD saying that They passed a 3% than 4% holdings level which shows great confidence. Also LONRHO gave a 2nd Quarter update last week and they failed to mention LZM's Leopard Rock hotel. This was strange considering LONRO's 1st Quarter comments (posted above) about the impressive growth the hotel had seen. Im thinking LONRO did not want to comment because LZM will issue there statement soon and did not want to steal their thunder !. Regards |
Posted at 18/2/2010 11:46 by ecohouse Nice thread. May as well have these posts from the other thread -Ecohouse - 18 Feb'10 - 09:40 - 671 of 674 edit LZM's Year End Results to 31/8/09 reported a NAV of 101.6p/share and breakthrough to profitability. The economy in Zimbabwe has continued to improve so the NAV should now be even higher. Even allowing for the political risks in Zimbabwe LZM shares should be trading well above their current 37p share price. Most companies would already be trading on a multiple of NAV. -------------------- Ecohouse - 28 Jan'10 - 14:37 - 621 of 671 With the continued improvements to the economic climate in Zimbabwe, LZM's NAV has probably increased even more since August 2009 and should, along with revenues, receive a further boost when the refurbished part of the Leopard Rock Hotel opens again shortly, and continue to do so for the forseeable future. Current share price only 38p (MCap £13.8m) looks due for a re-rating. -------------------- KVRR - 28 Jan'10 - 16:52 - 622 of 671 edit ecohouse: compare two Africa related companys Lonzim LZM with Lonrho LONR. LONR's Trading Update 30-12-2009 said LONR has Net Assets of £84m. LONR was trading today at 13p (mcap £136.5m) which is 1.62 x said Net Assets. If LZM was to do the same LZM could be trading at 1.62 x the Net Asset Value £32.6m (i.e. 101.6p per share) you referred to from this weeks Final Results, which = a share price of 164p for LZM. What is even more interesting is that LONR was making a loss, whilst LZM is in profit and without debt. |
Posted at 18/2/2010 09:47 by kvrr ecohouse, LOL, couldn't agree more. Not forgetting -Ecohouse - 28 Jan'10 - 14:37 - 621 of 671 Key points from LZM's Final Results for the Year Ended 31/8/2009, released this week: Turnover £2.6m Profit £0.913m Net Asset Value £32.6m (101.6p per share) Cash £2.4m My observations: With the continued improvements to the economic climate in Zimbabwe, LZM's NAV has probably increased even more since August 2009 and should, along with revenues, receive a further boost when the refurbished part of the Leopard Rock Hotel opens again shortly, and continue to do so for the forseeable future. Current share price only 38p (MCap £13.8m) looks due for a re-rating. KVRR - 28 Jan'10 - 16:52 - 622 of 671 edit ecohouse: compare two Africa related companys Lonzim LZM with Lonrho LONR. LONR's Trading Update 30-12-2009 said LONR has Net Assets of £84m. LONR was trading today at 13p (mcap £136.5m) which is 1.62 x said Net Assets. If LZM was to do the same LZM could be trading at 1.62 x the Net Asset Value £32.6m (i.e. 101.6p per share) you referred to from this weeks Final Results, which = a share price of 164p for LZM. What is even more interesting is that LONR was making a loss, whilst LZM is in profit and without debt. |
Posted at 15/7/2009 20:58 by thanksamillion Since Oct 08 the share price has been under 40p for a company largely (q4 2008 anyway) still holding much of the funds gathered at £1 / share. For any shares bought since Oct 08 the assets have been bought at less than half price, in a country where assets are priced ridiculously low in the first place. I am convienenently ignoring the risk factor I know, but risk is why the share price is so low in the first place. The purchase price was 30.5p vs current price of 36p, and took 4.3m loose shares of the market. It could be argued that these represented a risk that someone else could aquire them and distract the managment with another unwanted episode, so better to take them off the table and get on with the job LONZIM was after all set up to do. As shareholders we have a holding in the company that has increased in percentage terms by 10% in return for a reduction in cash of 1.2m. This cash however is only valued at £0.5m, based on the share price since Oct, of 35p. So 32m shares theoretically had a 10% increase from 36p to 39.6p or a £1.15m increase, in return for a rough spend of 1.2m which has been valued by post Oct share price at £0.48m. Plus 240% on 10% of your LONZIM holding or 24% on the whole, my friends. At some point in time this will be reflected in the share price Please feel free to check my figures/logic. |
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