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Share Name Share Symbol Market Type Share ISIN Share Description
Cambria Africa Plc LSE:CMB London Ordinary Share IM00B28CVH58 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 0.295 - 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 4.1 1.5 0.2 1.6 2

Cambria Africa Share Discussion Threads

Showing 826 to 848 of 1075 messages
Chat Pages: 43  42  41  40  39  38  37  36  35  34  33  32  Older
DateSubjectAuthorDiscuss
04/6/2020
16:02
Dave - This is fundamentally undervalued - But more so this is potentially a covid business now more like REAT - This will move once noticed and the company states more about their prospects inc $2.3million in cash! REAT 0.2p to 2.1p -
tomboyb
04/6/2020
15:55
If you spike this tomboyb you're even better than I thought :-))
dave4545
04/6/2020
15:50
This could possibly be a Covid buisness - REAT went from 0.2p to well over 2p so any interest here could set paces running - Not noticed YET -
tomboyb
04/6/2020
11:24
hxxp://www.cambriaafrica.com/core-investments/millchem/about Millchem has one of the largest bulk solvent holding facilities in the country. The company has in-house blending and formulation capabilities and also provides high level technical support. Furthermore, the company offers market leading commercial terms that are responsive to customers’ opportunities and challenges. This could represent an opportunity from being a smaller part of CMB to something bigger - We will have to wait and see -
tomboyb
04/6/2020
07:52
Millchem: In response to COVID-19, Millchem has successfully commenced production of hand sanitizers in a joint venture with Merken (Pvt) Ltd . Merken will package and market the sanitizers through its retail distribution network. Millchem aims to become a meaningful producer of disinfection products and to participate in tenders for their production and distribution in Zimbabwe and the region, while continuing to supply value-added chemicals to industry.
tomboyb
04/6/2020
07:41
This morning I see lots of companies placing diluting - It is fine but CMB requires no diluting as is cash rich - In excess of $2.3mill which is more than the market cap and that excludes both Paynet and Millchem businesses - Fundamentally this is undervalued and by possibly a large margin once they get sanitation business moving -
tomboyb
03/6/2020
09:17
Reat announces a 1.5mill placing - If CMB can get their Millchem business moving on the covid bandwagon then this will certainly increase revenues and may develop some interest here - Cash is above the current market cap away -
tomboyb
01/6/2020
13:48
Mine was the top up at 0.23p - Not sure who bought at 0.21p but whoever it was bought at all time lows - Effectively they will buy undervalued assets with their excess cash - And virtually zero debt -
tomboyb
01/6/2020
13:42
I've not bought back in. I'm guessing it's tomboyb I'm not buying the NAV at all for now. With business looking so grim I was thinking 0.15p or lower but that ship has sailed for now.
dave4545
01/6/2020
13:35
With the cash and investments they have there could be further announcements on what they have invested in - NAV has been kept at 1.1p - Correct to get MILLCHEM on the covid 19 bandwagon - All in all looks like new ventures ahead -
tomboyb
01/6/2020
13:18
Tenapen- same to you. Trust you are keeping well/ safe. Tomboyb, Indeed. Dave- that you buying back in?😉 DL
davidlloyd
01/6/2020
13:14
So firstly - 1. In excess on $2mill in cash. CMB has cash 2. Covid 19 hand sanitizer and disinfection business with Millchem. 3, Paynet could announce nee tech contracts 4. Autopay and Tradenet.
tomboyb
01/6/2020
13:10
New venture - Millchem: In response to COVID-19, Millchem has successfully commenced production of hand sanitizers in a joint venture with Merken (Pvt) Ltd . Merken will package and market the sanitizers through its retail distribution network. Millchem aims to become a meaningful producer of disinfection products and to participate in tenders for their production and distribution in Zimbabwe and the region, while continuing to supply value-added chemicals to industry. PAYNET: Despite these setbacks, Paynet has developed a number of exciting technologies and solutions which we believe can find additional markets in Zimbabwe and regionally. Recent changes to payment regulations in Zimbabwe may provide additional opportunities for Paynet's suite of FinTech software. AutoPay continues to provide full-service payroll processing for the largest companies in Zimbabwe. Our charges are expressed as a percentage of clients' payroll, to reduce the impact of inflation and currency devaluation on our revenue stream. AutoPay is now Paynet Zimbabwe's largest revenue contributor. Tradanet, the 51% owned subsidiary of Paynet, continues to provide consumer loan processing services to CABS - Zimbabwe's largest building society owned by Old Mutual. Whilst our revenues and earnings are negligible, any turnaround in consumer buying power, in particular an increase in government salaries, will have a direct positive impact on our earnings.
tomboyb
01/6/2020
13:04
NAV is around 1.1p - Outlook: The circumstances in Zimbabwe remain fluid. The onset of the COVID-19 pandemic which has stalled the global economy, has exacerbated the challenges our subsidiaries face. As new policies are introduced with increasing frequency, the Company has to continually adjust its outlook and strategy. Our chemicals business, Millchem responded positively, producing hand sanitizers and is actively looking to expand its disinfection business. This should have a positive impact on Millchem's profitability in the second half of FY 2020, but we remain mindful of the competition in this segment. We continue to develop financial technologies which are designed to ease payments. However, until there is a realistic market translation of ZWL income into repatriated US dollars earnings, the resultant earnings from financial services will remain exposed to currency devaluation. Any excess cash from our local operations will be considered for investment in select blue-chip marketable securities, the prices of which have been significantly discounted following recent market turmoil, whilst offering an attractive liquidity profile. The utilisation of our internal cash resources is limited to keeping our operations, which are all locally profitable, afloat and prepared for a turnaround. Allocation of our external cash resources depends on realistic prospects to pursue profitable opportunities and remit those returns. As with any dislocation, opportunities may present themselves and so will concomitant risks. Cambria has cash and perhaps the best asset in these times is cash. We are actively looking for opportunities to deploy our cash in the context of dislocations and ethical investments. I personally believe we will be able to identify these opportunities and seize them quicker than others due to our cash position.
tomboyb
01/6/2020
12:18
Hi David, we always a have hope :-) Best Wishes.
tenapen
01/6/2020
11:14
Well- still alive and kicking which is good news. Am thankful for small mercies :-) DL
davidlloyd
31/5/2020
07:34
Well done with your profits :-) Fingers crossed.
tenapen
30/5/2020
21:06
When I sold my stock for a big loss about 8-10 weeks ago I was struggling badly everything was crashing with C-19 fears. Last week having quadrupled my portfolio investing and trading wisely C19 and recovery stocks I was thinking I wish I still held them. Maybe not so after those results but I might well nibble a couple of million if they tank on Monday. I'd expect after that sale at 0.18p they will open lower, if not anybody holding should try and get the 0.25p for a sale and buyback cheaper, looks nailed on to me.
dave4545
30/5/2020
14:00
:-0 Hi dave, I've just glanced them and it difficult to figure what the full story in Zimbabwe is. I had read that RBZ had gone after Ecocash whome CMB had joined forces with. This get a mention in the results. I read today that RBZ have closed down a bank. Zimbabwe has a currency problem and are they doing the correct thing or playing rough shot over the competition ?. Well done to the seller ! When a Milkem profit is the highlight ! It goes to show how disappointing the results are. I didn't get as far as the forward looking statements. :::Fingers crossed:::
tenapen
30/5/2020
13:37
I've just noticed somebody sold just over 300k for 0.18p just before the close. Why would you do that when it was 0.25-0.28p, at worst sell them for around 0.22p
dave4545
29/5/2020
18:06
Hi Dave, It's never easy :-/. Have a good weekend everyone.
tenapen
29/5/2020
18:03
I thought the same. Obviously they are not amazing as expected. Could be worse though Lets see what others think
dave4545
29/5/2020
17:08
Results released at 16.20 on a Friday afternoon :-( I think I can guess how bad they will be :-( Regards.
tenapen
Chat Pages: 43  42  41  40  39  38  37  36  35  34  33  32  Older
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