Cambria Africa Share Discussion Threads

[dave4545] 04/12/2018 08:40

New Broker note then soon on Cmb should be positive Cambria Africa Plc (AIM: CMB), the AIM listed investment company, with controlling interests in companies well-positioned to benefit from the growth and modernisation of Zimbabwe's economy, is pleased to announce the appointment of SVS Securities plc to act as its joint broker with immediate effect. Cambria Africa is focused on investments in operating companies in Zimbabwe. Its wholly owned operations in Zimbabwe are: · Payserv Africa, a FINTECH company with $7.57 million in revenues in FY 2018. Payserv's Paynet Zimbabwe subsidiary is responsible for switching 40% of all financial transactions in Zimbabwe. It also has a significant presence in payroll management and consumer loan processing. · Millchem Zimbabwe, a value chemicals distributor with $1.87 million in revenues in FY 2018. Cambria's unaudited preliminary consolidated earnings in FY 2018 were 0.52 US cents per share on revenues of US $9.44 million.

[dave4545] 04/12/2018 08:13

Did you know they made 0.52p EPS in last results so share price sits on a PER of just over 2 Outlook While the Company warned its shareholders of the impact of shifts in parallel exchange rates in its RNS of 6 October 2018, parallel premiums have fallen to 250% from 400%. Payserv Zimbabwe continues to receive funding at 1:1 to the US Dollar for payment of license fees and the repayment of loans. While Payserv anticipates a rise in overhead costs, the recent reorganization should save the company about $400,000 annually in cost-to-company compensation. This savings should somewhat cushion the Company from expected inflationary pressures.

[dave4545] 29/11/2018 21:36

I doubt it. I think the 400k+ premium buy triggered some interest. People were scrambling to pay 1.8-2.1p not long ago so sub 1.25p to many is good value, all this market is ...is a transfer from impatient to patient, almost every penny stock will spike a few times a year so it's a case of waiting for it to happen

[tenapen] 29/11/2018 18:09

dave4545, the man who moves markets. Where he buys others follow. :-)

[dave4545] 29/11/2018 14:51

Are we about to have a silly afternoon again ? Nice premium buy which seems to have cleared out a 600k seller.

[dave4545] 27/11/2018 13:42

tenapen If I have a bit of size I tend to leave limit orders all the way up. Say I held 500k here, you know every now and again it gets chased to 1.5p and sometimes 2p I would leave 100k sell order at 1.5p, 1.7p, 1.9, 2.1p and 2.5p the last being a lucky hit, then when you return from work and there has been good news and a spike you know some of them will get triggered. If say only 3 get hit then 2 weeks later when it gets back to around 0.9-1.1p range you buy back the 300k and replace the orders. At some point something has to change, the company either goes bust or the shareprice just keeps rising to 3-5-7p+

[tenapen] 27/11/2018 13:21

It's good advice Dave, I have day job and not at a computer, so not easy to buy and sell on a spike. I'm happy to hold long term as I'm sure long term I will do well with cmb. Cheers.

[letmepass] 27/11/2018 12:55

It's just top slice each time. Bigger holding

[dave4545] 27/11/2018 11:16

I hope you two have learned to sell the spikes next time and buy back when quiet. I have no doubts the next time it's up a good % the herd will return back here. Looks quite good today 1.025-1.09p

[davidlloyd] 27/11/2018 10:26

:-) :-) DL

[dave4545] 27/11/2018 08:45

Interesting while others were paying 1p I tested limits and got no quote for 250k but for 150k I got the 0.95p bid price so took it. Now it's 1p offer for 100k max.

[dave4545] 23/11/2018 21:50

Probably the smartest trade for weeks. The 500k buy at 1p, people who are selling at 0.95p when it was 2p high a few weeks ago are giving them away, sure you have to wait a while in this stock but it's benn clearly demonstrated numerous times that if you buy below 1p you will make at least 50% a few times a year on spikes on news

[dave4545] 15/11/2018 13:20

Mental people are selling at 0.95p and most of them that are paid almost double the price a week ago.

[dave4545] 12/11/2018 10:36

I'm not trying to get back in cheaper with n4p looks like it will keep going higher anyway. Put my money from them to work elsewhere, never chase spikes. You seem to be struggling to keep up with your own lies. First you claim it's sad to deramp and now it's ok if the company is struggling Go and get yourself a cup of tea and rethink your next plan of action

[letmepass] 12/11/2018 10:33

But I never say sold on an up trend trying to get in cheaper. Missed out on N4P

[letmepass] 12/11/2018 10:32

When a share is down then kick it. Bad management and chance of another placing

[dave4545] 12/11/2018 10:29

So somebody that deramps is sad ? What about all your TOM deramps over the weekend !

[letmepass] 12/11/2018 10:27

So you admits deramping.. Saddo

[dave4545] 12/11/2018 10:25

I hold 14 stocks and I'm not frantically trying to pump each one every few minutes. I post when I sell out of a stock, you should try it

[letmepass] 12/11/2018 10:20

Clean pretty angel like Dave.. Haha

[letmepass] 12/11/2018 10:20

Who the hell believes topinfo or you or me. Everyone on AIM is a gambler. Some follow the spikes some buy very low hoping no more funding or administrative tasks. Charts are usually useless. Look at the magazines and tips. Usually to let someone out

[dave4545] 12/11/2018 10:15

Your like topinfo You post lie after lie then have the sheer arrogance to proclaim you all nice and innocent and respectful ! Unbelievable !