Cambria Africa Share Discussion Threads

[shirley83] 15/8/2022 12:00

Everything paid in Zimbabwe dollar. What a shambles

[dave4545] 15/8/2022 11:59

Show me a sub £2 mil stock that made £200k in 6 months, with assets worth treble the current price and has cash well over half the market cap.

And still somebody is selling every bit of demand down, hopefully they are out now

[beeks of arabia] 15/8/2022 11:53

Nice breakout!

[dave4545] 11/8/2022 08:42

The mm's are just so jittery atm in stocks

They are bidding and offering little.

In CMB it's normally either easy to sell a million or buy a million online but they have got little on the bid atm at 0.3p yet all they offer online is 500k at 0.3499p or full offer, so nothing inside that wide spread online

[dave4545] 10/8/2022 22:04

This should be trading double at least the current price.

I mean if people are saying stay away from UK etc stocks for soaring wages and energy stocks then surely African stocks are the place to play then.

And this over a third of NAV too.

And it's making profits on top of that and has 70% of market cap in cash

[tenapen] 10/8/2022 21:32

And a nice tick up in the share price

Fingers crossed and all that (-:

[dave4545] 08/8/2022 09:13

Blimey a mm has actually moved here.

Peel Hunt join wins on the bid after that 295k buy

[dave4545] 09/7/2022 09:19

.

..

[tenapen] 09/7/2022 06:21

Thanks,

You too.

[beeks of arabia] 08/7/2022 22:50

I take it WINS are house broker then. They are duty bound to offer a market at nms.

[dave4545] 08/7/2022 22:47

Well Shore Cap were on 0.33p offer, so when the price went to 0.33p they could have sat there and sold some stock but they decided they did not want to and moved up.

For a while now Wins have been on the bid and offer at 0.27-0.32p or 0.28-0.33p and the rest do not get involved unless there's buyers at 0.35p on a good day.

[tenapen] 08/7/2022 19:07

Hi Dave,
To laymen like me, what does that translate to ?.

Value will out in the end

[dave4545] 08/7/2022 14:31

Seems like Wins are the only mm that wants to play here

When they moved up it left Shore Cap on the offer, they noticed they were suddenly on the offer and they instantly moved to 0.35p

[dave4545] 08/7/2022 12:51

Well the cheapest penny stock on the stock market has decided to move up on a couple of buys.

It would be nice to spike 50-100% but profitable stocks well below NAV tend not to get pumped, loss making rubbish does though

[dave4545] 21/6/2022 18:50

375k at 0.28p

Looks like a online max sale so somebody selling what they can, if they read this and want rid of the rest or size I might be interested in taking them because I cannot see anybody selling size unless they take perhaps 0.25-0.26p

[beeks of arabia] 10/6/2022 11:26

A bit of buying this morning, which is nice

[manual dexterity] 10/6/2022 10:55

Those players that are in cash should be able to take advantage of market conditions. CEO here wants to achieve NAV which is 3x the current share price.

[dave4545] 08/6/2022 11:49

And once again PREM spikes, they love that stock but shun CMB for Zimbabwe plays even though this is miles better value

[tenapen] 03/6/2022 06:34

Last weeks Interim's were a great shop window for any interested party looking to buy a part or the whole of Cambria.

Glass half full - cheers

[dave4545] 02/6/2022 10:26

I think it's a crazy valuation on the low side because naturally everybody is afraid or backs away from Zimbabwe stocks but they still pile into Prem now and again.

£1.66 mil market cap

£1.1 mil cash outside Zim.

Profitable business's
Properties worth way more than market cap

And do not write off Payserv, that used to make £2 mil profits a year only about 3-4 years ago, if that could return or sign up in new countries the shares could go nuts.

[manual dexterity] 01/6/2022 11:30

There is quite a bit to take in but cash outside Zimbabwe on its own is $1.4million. A very good time to be in cash. Additionally looking at previous results this looks much better. There is hardly any debt here and as CEO owns most of stock he will look to maximise his returns. I am just joining the journey near all time lows.

[beeks of arabia] 01/6/2022 11:21

Looks good.

[manual dexterity] 01/6/2022 10:58

new thread.

[manual dexterity] 01/6/2022 10:57

2022 interims:

Profit after Tax increased by 158% to $245,000 for the Period compared to $95,000 achieved in the same period in 2021

Net Asset Value ("NAV") $6.468 million.

CMB Ceo.

As mentioned in my CEO report at the end of FY2021, Cambria's story is now focused on realizing its NAV - which remains at 3.3x its trading price as of 27 May 2022. I remain optimistic that this is a realistic and realizable goal.

[manual dexterity] 01/6/2022 10:34

That is my small buy. Loose change but holding just over 1 mill now. CMB is in the predicament where you cant really sell anywhere below 0.30p and looking at historical news this news has been far better than most. Again like my EVG well cashed up.

So I've joined you guys at this level.