Cambria Africa Share Discussion Threads

[tenapen] 02/10/2018 08:11

"Electronic transfers"..

A positive for CMB !

[dave4545] 01/10/2018 21:44

If every stock a fund bought was on a per of under 3 you must surely make a profit.

[tenapen] 01/10/2018 18:41

Hi dave,
It would be nice if Mobius's new Emerging Markets fund would take a few CMB.

The first day of trading today,

Mobius Investment Trust plc

(the "Company")

First Day of Dealings

[dave4545] 01/10/2018 17:10

500k bought it's a start

[dave4545] 28/9/2018 09:33

Who sells this at 0.95 !

[davidlloyd] 21/9/2018 12:09

Agree on all fronts D. It would seem the recent 1p placing has created the overhang. Just why it is being let go so cheaply is the surprise to me given financials. deffo a bottom drawer stock but the potential here imho is very bright.
DL

[dave4545] 21/9/2018 11:21

Seems to be a overhang, I can buy 500k online even after 450k of buys

[dave4545] 20/9/2018 17:06

tenapen/dl

It's actually the cheapest play I have come across. MRS is cheap to me but this could knock spots off that but it is Zimbabwe and Aim so punters only play these stocks when
they are flying

Before the investment 5.5 mil cap 2 mil cash and profits of over £2 mil so it's like on a PER of under 2

I'll tuck them away for the spike

[davidlloyd] 19/9/2018 10:15

Good luck Dave
DL

[dave4545] 19/9/2018 10:04

So spectacular those numbers are I've just took 500k.

What surprises me is the market saw these numbers yesterday and nothing happened.

It's a bagger waiting to happen in a dead stock.

[davidlloyd] 18/9/2018 15:38

Still well under radar it would seem. In my opinion this remains very undervalued- but I would say that given im in this for the long term 😀

All looks positive and pleased to see the board continue to be actively pursuing growth ( and shareholder value!) in interesting and diverse sectors.

DL

[tenapen] 18/9/2018 15:21

Perfect RNS.

Weldone All.

[tenapen] 12/8/2018 18:24

Subscribe to the FT to read:

Financial Times Zimbabwe’s post-election crackdown scuppers investment hopes






Zim’s post-election crackdown scuppers investment hopes
12th August 2018 Business, Economy, Markets

By The Financial Times

Emmerson Mnangagwa hoped that the days after winning Zimbabwe’s first election without Robert Mugabe would be full of promises of investment and IMF loans to fix a broken economy. But a ferocious crackdown in the wake of last month’s disputed poll has shattered those illusions.

Cont...

[tenapen] 06/8/2018 18:00

A lot of disapointment at the lives lost and a disputed election results, Free and Fair, could have opened so many doors !. :-(


The Great Jim Rogers has bought the Zimbabwe opportunity :-).

traderabc
5 Aug '18 - 17:06 - 4789 of 4789
0 0 0
im Rogers Interview July 30 2018 — STOCK MARKET CRASH ANALYSIS AND PREDICTIONS 2018

[tenapen] 28/7/2018 15:38

Hi David,
All good.

After checking my account i find CMB is my seconed largest holding :-(. Im just a joe pidley investor so probably pocket change for many. Elections on Monday so hopefully no trouble on the streets and a fair election. Then who knows how it will pan out.




economics
Zimbabwe Parties in Final Push for Votes as Campaigning Ends
By Godfrey Marawanyika
, Brian Latham
, and Desmond Kumbuka
28 July 2018, 11:40 GMT+1 Updated on 28 July 2018, 14:19 GMT+1

Main opposition pulls back from threat to halt the election
Independent monitors find no major anomalies in voters roll

Cont...

[davidlloyd] 10/7/2018 22:40

Ten- I am gutted to say I missed out on my opportunity to "double up +" as my msg to my broker arrived after the 28th June ( my fault) but given companies RNS Thought all would be A OK. Really peaked as even bought earlier in month to take advantage of maximising this opportunity.

That'll teach me to not be on top of things!

Anyway- can't see this going anyway other way than up. Well done for being up to speed here- my only regret was I wasn't. 😳

This will be soon on others radar I am absolutely sure- few AIM shares with genuine BOD imo....
Best wishes

DL

[tenapen] 04/7/2018 16:10

My broker as has taken the money for the issue.

Fingers crossed the election goes smoothly,

the Zimbabwe economy can continue to recover !,

and CMB find some decent take over targets.

Regards.

[davidlloyd] 02/7/2018 14:43

Those numbers are looking awesome. I know it helps to encourage take up of the open offer, but it seems like this is way undervalued to me.....

Hey ho, what do I know.
Edit- just put it on context I am expecting profits circa $2 million...MCAP currently <$6million, no?


DL

[tenapen] 01/6/2018 17:46

Cont...

British Ambassador to Zimbabwe Catriona Lang is set to welcome the delegation.

“We have received high-levels of interest in Zimbabwe over the past 6 months and believe that this is the beginning of an opportunity to support FDI into the country and region”.

The Invest Africa global members network is the ultimate blend of investors seeking to develop business interests in Africa.

The community is made up of fund managers, family offices, corporates and institutions, all with the capital, expertise and desire to transact on deals in Africa

[tenapen] 26/5/2018 08:17

Paynet get a mention in this artical.

[tenapen] 19/5/2018 09:27

Shareholder focused indeed; After being in thier posts for three years and not taking a wage in that time, you would have thought they would want a big cheque as payment / bonus !. No a million shares at 1.1p will do fine :-). Thinking long term for both the themselves and the company.

Regards.




Director History
Appointed Director Position Executive Age Leave
03-06-2015 Samir Shasha Chief Executive Officer Yes 58 -
26-05-2015 Dipak Champaklal Pandya Non-Executive Director No 58 -
09-07-2015 Paul Turner Non-Executive Chairman No 72 -
17-06-2015 Josephine Petra Watenphul Non-Executive Director No 36 -