Cambria Africa Share Discussion Threads

[dave4545] 17/6/2021 08:56

Was wondering when 943k would sell, they were the buyer on the pre suspension Rns

That should be everybody out now

[tomboyb] 17/6/2021 08:08

Samir paid 1.1p for his shares.
Sounds like he will try to build back as he holds 70%.

[dave4545] 17/6/2021 08:04

All buys at open all mine

2 x 750k (max online) at 0.32p

And 500k was available at cheaper 0.304p

[tenapen] 17/6/2021 07:42

Todays FT has a piece on ageing African leaders. I have not read it so don't know if the Crocadial gets a mention. As Zimbabwe found out after the overthrow of Mugabe, the army holds the power and the President is just a figure head.

Ho Hum - see what happens.

[tenapen] 16/6/2021 20:44

Perfect

Thanks for the heads up, dave

[dave4545] 16/6/2021 17:13

This could be the moneyspinner for Cmb

Despite the shrinkage of Paynet's operations, it continues to maintain turnaround opportunities in Tradanet and Autopay when salary levels and market penetration recovers. Further, it has been apparent that Paynet's technology which was deployed by the majority of the country's banks to process bulk salary and merchant payments as well as to clear large transactions between banks on a gross settlement basis, is yet to be substituted by a robust inter-platform technology. This FinTech which processed close to 25 million transactions annually and produced revenues of over $7 million per annum remains the most cost-effective solution for the banking industry. The Board of Paynet has approved licensing an unlabelled version of the product if favourable transaction terms can be established with a reputable licensor

[dave4545] 16/6/2021 16:41

Results out.

At a glance not sensational nor terrible.

I certainly feel the price deserves to be higher, perhaps around 0.4p unless I missed something in the statement good or bad.

[tenapen] 28/5/2021 17:01

Better than i expected :-)

Have you seen the damage Covid 19 has done to South Africa ? being its poor neighbour, Zimbabwe will be in a even worst state ! so no surprise getting the accounts together has proved a problem.

Time will tell.

[dave4545] 28/5/2021 15:30

Yeah I've had mixed results with suspensions.

Best one for me was Aventis changing it's name to Reobold and becoming a shell, because I had no idea it had happened by the time I did the price had 5 folded from 1p to 5p so I got back a nice surprise.

Then of course you have Mrs/Oct etc, companies ran by crooks

It's a risky game this one

[tomboyb] 28/5/2021 15:25

Just a quick story from me -

Had a stock in 2013 -

Written off -

Last year returned cash my investment 3k gave back 9.5k - Surprise!

Traded to over 50k investment on that 10k alone -

Took out 30k and left the rest to rebuild -

Current 10k value is £16k in 9 months -

[dave4545] 28/5/2021 15:22

If it returns it should do very well.

That is the gamble now.

I'd say 50/50

[tomboyb] 28/5/2021 15:20

Where do you see this going -

Investment share give some equity away for a restart -

Did have around £1mill in cash - ? -

[dave4545] 28/5/2021 15:17

Makes no odds, the NAV has been miles over share price for years but nobody seems interested, apart from that spike in the boom times it's been pretty friendless.

After Oct I'm not sure I can trust anybody to return especially like Oct when the boss holds so much stock he can delist it if he wishes.

Risky game this at times. I'm just glad I no longer hold 10 million, after Oct I decided not to hold silly amounts anymore in high risk stocks that are in places like zimbabwe

[tomboyb] 28/5/2021 15:14

Yep -

NAV of $6.16mill or around i think 0.90p per share -

[dave4545] 28/5/2021 15:08

Shares will get suspended at close more or less.

[dave4545] 28/5/2021 10:49

Results 16.27pm or 6.15pm !

[tenapen] 26/5/2021 21:04

Only two days Left to announce the results !.

Count them - one two :-/

Fingers crossed

[davidlloyd] 24/5/2021 13:22

Hadn't spotted that Dave.....not paying attention this end as would be like watching paint dry....Mind you I do seem to recall this one historically being a bit more active in May /June - but my memory may be questionable of course 🤔
DL

[dave4545] 24/5/2021 10:49

That's been on the monitor for hours David not since 10.42am

[davidlloyd] 24/5/2021 10:45

A 1 share trade....Hmmmmm...mean anything I wonder?
DL

[tenapen] 21/5/2021 16:37

The Company has been granted the extension and therefore the Company will publish the Annual Report by no later than 31 May 2021.

[dave4545] 12/5/2021 15:41

Did somebody really buy and hold for 77 seconds then sell 435k ?

[tenapen] 11/5/2021 18:05

Results soon / end of may !

:::fingers crossed:::