Cambria Africa Share Discussion Threads

[dave4545] 24/11/2021 14:59

Drop the offer too then mm's

I'll buy more

[tomboyb] 01/11/2021 14:20

Cmb has £1mill cash outside zimbabwe -

When he decides to use it then this will probably double -

[dave4545] 01/11/2021 14:14

He's a good guy, had a few email chats with him.

Even though he has control I still think he's out there for shareholders.

Def think one day a big return will happen here but in this bear market it's a miracle to see buying in anything let alone quiet ones like this

[tomboyb] 01/11/2021 14:10

Any crypto launch and this will be 2p -

Main guys owns 70% of the equity hence the illiquidity -

He seems to like cash ! -

[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 07:40

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 09:00

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 14:40

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 13:37

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 08:25

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 16:50

It's a positive Manual Dexterity, thank you.

[dave4545] 27/8/2021 14:47

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 13:22

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 07:37

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 18:24

Manual Dexterity,

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

[manual dexterity] 26/8/2021 10:55

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 07:49

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 08:40

That 1 mil sell was not me

I'm not selling anymore, wait for next news

[dave4545] 16/8/2021 14:39

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 14:35

Almost out then dave -

I sold out completely -

Can't understand CMB -

[dave4545] 16/8/2021 14:33

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