Cambria Africa Share Discussion Threads

[tomboyb] 12/8/2021 07:49

Sold out my rest of holdings -

Know this is cheap but a few trading opportunities available -

[dave4545] 02/8/2021 07:53

Buybacks would be great but I doubt he will do that.

Price has held up rather well, been none stop selling for a month. I sort of regret selling a few but then again I have 3 million atm and in this market I think that is plenty still, which could do really well if a surprise positive Rns comes along

[tomboyb] 02/8/2021 07:44

Has a NAV greater than 0.80p -

They need to do something with the cash they have -

[dave4545] 08/7/2021 14:18

Reduced my holding.

Nothing to do with CMB just overall market conditions.

Do not want big holdings in anything atm.

[manual dexterity] 07/7/2021 12:56

I'm with the CEO on this one. He wants to create value and with a Nav greater than 0.80p it seems an easy investment at these levels with over $1.3mill in cash outside Zimbabwe. They have a payment processor which most if not all Zimbabwe banks were using and Zimbabwe apparently still does not have anything close to it. What's interesting is that that are actively looking to licence or have it as equity with a partner I would imagine. Licence it and you could be looking at Multiples. But lets see.

Anyone looked at Macdonalds bricks.

Some decent projects for this company.

Additionally the cash outside Zimbabwe could be utilised for other projects, lets see what cryptic stuff the CEO brings out.

[dave4545] 07/7/2021 12:38

One day it will tenapen

If Zimbabwe show the world you can do business deals and put your money in and take it out as well then everything could take off.

But atm it must be frustrating for Cmb not being able to cash in these assets.

Shares are up now, probably the cheapest £2 mil stock on the exchange for me.

[tenapen] 05/7/2021 17:45

1m+ for me.

Sadly most was bought at the 1.1p fund raising Dh'o.

Mugabe had been ousted from power and I had hope the situation in Zimbabwe was going to improve !.

[tomboyb] 05/7/2021 08:53

500k for me -

[dave4545] 05/7/2021 08:47

I've got 5 million.

Even that is around 0.75%

[manual dexterity] 05/7/2021 08:40

Perhaps. Any agreement would catapult the share price upwards with the free float at a mere 30% I suspect a good buy at these levels.



Significant Shareholders
Substantial Shareholdings Number of Shares % of Issued Capital
Ventures Africa Limited* 377,000,000 69.2%
Hargreaves Lansdown (Nominees) Ltd 20,207,559 3.7%
Luna Nominees Ltd 15,533,020 2.9%

Its actually tighter at a free float of 25% or around 130million shares. Biggest factor is the CEO's comments of getting cmb back up where it belongs. Let's see what that brings.

[dave4545] 05/7/2021 08:31

Am I seeing things the mm's upping the bid on no trade they never do that.

There's always a reason so lets see if a trade appears later on

[manual dexterity] 05/7/2021 08:14

Small overhang of stock perhaps. With a Nav of 0.80p plus and free float of around 150million shares any major day and there will be shortages of stock. However i do think the ceo now is looking to build back what was lost and any licence deal will add quite a bit of value to the share price from these levels.

[dave4545] 02/7/2021 19:24

You upset the ticker down Beeks but welcome.

You are getting a very fair deal.

Well below half of NAV and if they get a deal going with the banking software this will be quids in.

And of course half the market cap is cash. Got a few bits and bobs in Zimbabwe too not to mention the property worth millions.

[beeks of arabia] 02/7/2021 16:11

Bought a gnats widgey worth at the close.

[dave4545] 02/7/2021 14:50

mm's must love these idiots selling at 0.33p that paid 0.37-0.4p the other day

What does it take to get anybody to hold a stock now ?

[manual dexterity] 01/7/2021 08:16

NAV is above 0.80p and sellers at 0.34p. lets see what the CEO brings further as it looks like he finally wants to create some value here.

[dave4545] 01/7/2021 07:14

Whoever sold this morning is a idiot.

Firstly they are selling miles below nav and secondly for bailing out the mm's selling so low

[manual dexterity] 30/6/2021 16:32

I think there is value to be created here. It does depend on what the ceo decides but nav is double and with financial clearing technology which could be licenced not just in Zimbabwe.. lest we forget was being used by majority of the banks in the country.. maybe samir has something else in mind.. Value is different in different hands..

[manual dexterity] 30/6/2021 14:58

Licence Payserv and get 5x bagger from these levels.

Could be an interesting punt especially when the ceo now wants to create value and he holds 70% of the equity.

[dave4545] 30/6/2021 14:36

Special dividend perhaps, looks like Sammy might just try and sell everything and return cash perhaps

As I expressed in our Annual Report, Cambria remains with some hard assets and cash, as well as what I believe continues to be valuable intellectual property. I do believe that the numbers achieved by Autopay and Tradanet indicate that these two Payserv subsidiaries continue to represent meaningful equity for shareholders over and above the value of Payserv's intellectual property which we still hope to realize through licensing our clearing and bulk payment technologies.

We do remain with cash and we are nearly debt free. While we will jealously guard our cash, we remain alert to possibilities to deploy these funds to the best advantage of shareholders. Sometimes the best investment of cash is cash itself.

Samir Shasha

[dave4545] 30/6/2021 14:17

bloody mm's, could buy millions before the Rns and now nothing on 2 little buys