Cambria Africa Share Discussion Threads

[tomboyb] 01/11/2021 12:46

Might be tempted to get back in this -

Can see this doubling on any good news -

[dave4545] 12/10/2021 08:40

That's 2 days in a row the mm's have marked it down pre market.

Imagine them putting the price up on no trades nah they never do that do they.

So in theory if they continue to do this CMB will 0p by the end of the month.

I doubt there is anybody left who actually wants to sell now before seeing some news.

[manual dexterity] 07/10/2021 10:00

Virtually no news coming from Cmb. Its value is above 0.80p with £1million of cash outside designated zone. Samir does need to up the ante on this.

[tenapen] 01/10/2021 15:40

Hi Dave,
Great minds ......... !

Only today, first time in a long time I thought about and looked at this thread.

It will happen how it happens.

Regards.

[dave4545] 01/10/2021 14:37

I wonder when CMB is going to spring into life again or Samir is going to issue some
news.

Guess final results will be the next Rns but they might still be while away after the delayed interim results.

I've not checked the limits for ages

But if I wanted to sell I can online, no problem getting a quote for size at 0.29p
and just under 0.31p to buy

Feel better holding 1.5 mil now, 3-6 mil was too much imo.

[manual dexterity] 31/8/2021 09:25

It is. The current market cap is £1.7million. The property valued at $2.5million more than covers that alone. What is required may well be a new project and interest alone will be on either Paynet being licenced out as there scope for payment systems not only in Zimbabwe. The cash outside Zimbabwe may well be used for new projects.

[tenapen] 27/8/2021 17:50

It's a positive Manual Dexterity, thank you.

[dave4545] 27/8/2021 15:47

Nice looking website that.

There's me thinking the price has raced up but checking online it's still sub 0.31p to buy so ignore that 0.35p on the monitor

[manual dexterity] 27/8/2021 14:22

I would add that there is hardly debt on the balance sheet.

Some investments may well go up in value. The impression I got at the last interims was that the CEO who holds 70% of the company with little free float wanted to create shareholder value. In what context we shall see but the current Nav above 0.80p i see really no downside. The crux will be looking at using the cash for projects that may well entice new shareholders. Around 75% is held by majors and CEO with 70% which leaves a small window. However if he gets it correct then this will be above 1p.

[manual dexterity] 27/8/2021 08:37

Building and Property are valued at $2.5million.
The above Radar Holdings valued around $1.7million.
$1.3million in cash outside Zimbabwe.

Written off OML shares although valuation could be around $200k and legacy funds of $1.39million.

Need a new project however if Paynet / Payserv comes off then we will be looking at 1p+ on its own.

[tenapen] 26/8/2021 19:24

Manual Dexterity,

Thanks for keeping an Eye on Cambria and posting your finds.

[manual dexterity] 26/8/2021 11:55

New website for Radar Holdings which Cambria hold almost 10%. The current market cap for cambria is £1.6million and holdings in Radar are already valued around $1.7mill.

[manual dexterity] 26/8/2021 08:49

Net asset value is in excess of 0.80p and cash in excess of 1 million. They really should look for external projects in addition to payserv. If however they can licence payserv software which did serve most if not all Zimbabwe banks to other nations or providers I expect this past 1p.

[dave4545] 18/8/2021 09:40

That 1 mil sell was not me

I'm not selling anymore, wait for next news

[dave4545] 16/8/2021 15:39

Still got 1.5 million and if they announce some surprise good news that might still make me a £10-20k profit

Not a buyer in sight in this market now, pump and dumpers have killed the market and their own living.

[tomboyb] 16/8/2021 15:35

Almost out then dave -

I sold out completely -

Can't understand CMB -

[dave4545] 16/8/2021 15:33

I love Cmb but in this market I'm not comfortable with 3 million so I have halved my holding to 1.5 mil

[tomboyb] 12/8/2021 08:49

Sold out my rest of holdings -

Know this is cheap but a few trading opportunities available -

[dave4545] 02/8/2021 08:53

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 08:44

Has a NAV greater than 0.80p -

They need to do something with the cash they have -

[dave4545] 08/7/2021 15:18

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 13:56

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 13:38

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.