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CFM Central African

20.00
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Central African CFM London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 20.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
20.00 20.00
more quote information »

Central African Mining CFM Dividends History

No dividends issued between 27 Apr 2014 and 27 Apr 2024

Top Dividend Posts

Top Posts
Posted at 17/9/2009 00:13 by timbuck2
i think the bottom minimum is 20p guys its there in black n white , green and perhaps also blue.....all this talk of 16p tomorrow is laughable this will be 19-19.75 and staggering there for a while until monday. why would mm's tank this to 16p when its clear they would then be sold back for 20p????? on the other hand remember cfm announced they had bid approach when share price was 11/12p so back then enrc n cfm may have agreed 20p as cfm board would have thought thats almost double current price (11p) of the 20p offer.....whether a counter bid comes or not we shall wait to see but just speculation of counter is sometimes enough to send the share price spiking higher.....just my thoughts not ramping or deramping before any smart ones acuse me of doing so
Posted at 17/8/2009 15:22 by bottompicker
i tend to buy and sell CFM as I have been lucky in the past on guessing which direction it will go next. I got out at 16.60 this morning and hope to get in on the next leg up. However, if I totally miss out, I havent lost out, I already quadrupled my money in CFM.

p.s I bought KAZ at 176, XTA at 290, and my lowest CFM at 2.19p, whilst I have been good at picking a few bottoms, I suck at picking tops.
Posted at 01/8/2009 21:24 by sul2
Beth: very insightful yet every person has his own opinion. If you're not interested in CFM then why post negative things about CFM? Why not just go post on stock boards that you actually hold?

I believe the reason CFM will get atleast 1 bid is because they have received multiple interest in all of their common stock.....from Vale in Brazil to the Chinese interest. 1 in 7? .... CFM has slightly better chances than that ... I would say 1 in 2. 1 in 12? .... with just 2 firms that we know about, this is now 1 in 6 so the odds are better than what you state.

When the FT posted about GKP last week that it was planning to raise money instead of the hideous multi-billion $ takeover planned by an indian compay, the FT was spot on! I do agree with you that the majority of the time deals fall through, however on this occasion I am so convinced by the latest article that a bidding war may occur, along with the 2 £143,000 buys after hours on friday, that a bidding war is about to erupt and this is why I hold CFM. LONG LIVE CFM.
Posted at 30/7/2009 08:40 by primrose
The CFM shareprice was 15.5p at the time:

Shorter Killer - 28 Jul'09 - 09:05 - 7732 of 7961


Those small PIs sold in the morning will have to buy back with a higher price later today. The takeover RNS could be any time. lol



WHY would any sensible PIs who managed to get out of this infamous sets dog
around 15.5p HAVE to buy back ? As to HAVING to pay a higher price... lol

Clearly not. As usual the endless ramping bullsh*t of shorterkiller becomes
exposed and rampers like masterrsi promising 30p by last Friday have all
sold out and moved on.. Why mms now walk this dog back down to sub 10p.
shorterkiller above is clearly sharing from personal experience always
trying to buy and sell within 20 minutes for up to 1p per share profit,
more often incurring losses.

The alleged takeover rns clearly having been a further chapter in the
scandal of CFM. The takeover talks were initiated by CFM - Any offerees
had plenty of opportunity to consider CFM at 3p a few months back. Money
down the toilet.
Posted at 27/7/2009 22:42 by topinfo
Taken from iii board. Made me laugh.

Just like the Channel 4 programme makers, people here are going to try to spin this in the direction that fits best with their beliefs and/or their investment strategy.

For those that were naive enough to think business in Africa was conducted over cucumber sandwiches and a cup of tea then this clearly has been a wake up call for you and you need to decide what YOU want to do.

If it wasn't CAMEC it would be someone else. FACT.

All these people calling for the suspension of the company etc etc etc are forgetting the jobs that companies of this size create, the hospitals they sponsor, schools they supply books to etc etc.

I am sure that tomorrow will bring a whole host of new posters blatantly doing their thing in order to make a buck but I for one am not budging.

I invested in CFM with my eyes wide open and my strategy hasn't changed. CFM has a long way to go. I invest to make money. With CFM I am confident I will make good money. To be honest I would be happier to see CFM develop long term the assets it holds as once developed will earn me more cash than this possible takeover ever will.
Posted at 18/7/2009 18:11 by bethany3
Current valuation of CFM is fair imo - previous valuation of 120/160pps by Jeremy Graves, an x-analyst at Credit Suisse and a croonie of the principals of CFM and now an employee, was nothing short of dereliction of duty.

Commodity prices are still weak and would remain so in the short to middle term at least. Add in the political uncertainties still existing in Zimbabwe and how the assets were acquired, plus the impending lawsuit by Metorex and now the significant role of Billy Rautenbach (a wanted individual) in the day to day running of certain sections of CFM has come to light, only a very desperate and cash rich entity would be prepared to pay 22pps. Fwiw this is just my opinion based on my own research and experience of this company just like any other poster on this BB.
Posted at 17/7/2009 16:58 by speculating
No problem geng - when you claim to be sat on 150% profit from having
held for the last 4 months or so. I bought at 3p, and around 6p but only
ever traded for near term gains, just like the last 5 years of trading in
CFM. Ironically my first trades in CFM 5 years ago were at 12p to
15p too. It's always been high risk and more often than not fools gold.

The problems for the vast majority on here though is that A) they're
only ever looking to hold for 4 days max if possible, and B) they bought
at 16p or more, not 6p, and the risks of further movement downwards
next week to sub 13p is too great to hold and wait for such massive
loss. Ironically if it does get to 14p, it'll be your type which are
buying their shares that they've lost over 2500 pounds per 100k shares
on. You're not a covert MM by chance are you? lol (CFM has been proven
Fools gold repeatedly over the last five years, and your diligent type
of holding since 6p for 4 months geng is extremely rare... The sad
reality being that mms/shorters managed to mmanipulate CFM down to
2.5p just a few months ago, and there is nothing to stop them doing
the same by next Winter.. I would hope you're not still holding your
6p shares, 50% down by then !)
Posted at 17/7/2009 15:40 by speculating
I didn't used to either raginghippo but can now actually SEE that some
people are either just passing the time keeping a general eye on markets
and uk shares on monitor, awaiting the US trading to get underway.. Or
are genuinely trying to help lesser experienced PI's not get suckered
into such infamous sets dogs as CFM, having traded in the same equity
for years, and having seen it ALL before... If and When CFM is sub 13p
or even sub 12p by mid next week - you will notice the absense of
dinosaur infamous posters like masterrsi and his following...


Having not been suckered into CFM yesterday at 16.5p to 17p, despite
shorter killer, masterbatesrsi & his cronies all 100% Promising a
19p close yesterday (!), and to wait until all the newspapers got hold
of this overnight, and that this would be 25p today.. - And therefore
not like some being sat on a current cash loss of up to 2000 pounds
per 100k shares within just 24 hours is not a grey world of misery
that needs help being pulled away from...

Clearly taking such wreckless gambling risks on stocks like CFM is
the only grey world of misery which some people need help to be
pulled away from ? Dont worry though, thieving MMs will oblige
and take back as much as your money as they can get away with..
Posted at 17/7/2009 12:20 by speculating
? 16p historical bottom... ? CFM was just 2.5p a few months ago..

I note certain shorters are gearing up for the afternoon. CFM will
be lucky to close above 15p today, and remains on course for sub
13p by Tuesday... MMs are thieves - no apologies.

All of the above wrt 24p etc is BS ! IF there were any serious offerees
they've had months to make a move, especially when CFM was just
3p a few months ago... No details, no permission of offeree - it could
just have well as been an opportunistic approach - 11.5p. As always
thieving MMs will soon mmanipulate this down in the coming days
to try and steal from any mug PIs who've bought in since the RNS
above 16p...

Everyone on here was promising a 19p close yesterday and 22p today.

IF it was going to fire then fair enough, but 24 hours after such RNS to
still be around 16p is nothing more than a honey trap. MMs will tank
this soon - they always do... Said the same in CHAR a few weeks ago
at 25p, that it was going sub 20p - fools instead promising 40p+. It's
sub 20p. MMs will soon enough have CFM back to sub 12p ripping off
PIs.
Posted at 16/7/2009 11:53 by speculating
In 5 years experience of directly trading CFM for small quick gains
from time to time - On EVERY other previous positive RNS during the
day, CFM has peaked at it's highest of that day 1 hour after such
RNS.

If this is still 15.5p/16p in 5 minutes, then risking any Buy couldn't
be more foolish as you can be absolutely certain that it will be
14.25p by early to mid afternoon. For those already in - fantastic,
well done, very lucky, bank your profits.

For all lesser experienced private investors looking in - The fact is
you were not willing to Buy CFM yesterday for 11p. There is no reason
whatsoever on that RNS, which is the Weakest of it's form with no
details or amounts being intimated, to consider paying 50% more than
yesterday. CFM also has uncanny ability to stop PI's from ever
getting more than around 1p per share profit, and often locks up
Pi's monies for weeks at 3p per share and more down..

MMs are thieves and no trust or confidence can be afforded in any Uk
share. (Keep ramping up all the lies those above - you're only aiding
MM thieves steal from PI's being suckered in at 16p currently. CFM will
be 14,25p within 2-3 hours...)

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