Mwana Africa Share Discussion Threads

[bump3r] 24/4/2015 20:41

Not seen a 500 pip rise on nickel for a while.That's some pin candle on the weekly.

[mreasygoing] 24/4/2015 17:02

Where's LP ? I can't wait to hear him say he has bought back in. Better hurry soon you won't be able to buy in any decent volume.

[mreasygoing] 24/4/2015 17:00

No way a bid. The Chinese have their claws in this. They want a decent return on their average of 5p investment. When Pm's rally soon they will be well rewarded. One thing I know about the Chinese is that they know how to make money.

[26 dollars in my hand] 24/4/2015 16:19

Nobody is going to make a hostile bid for this. It never happens in mining companies because extensive due diligence is required for a bid. Furthermore any bidder would have to have Ning onside before launching as he holds 29.9%.

[bump3r] 24/4/2015 16:00

The hostile takeover rumour is 2 year old.

An article on German mining equipment company visiting Bindura below.

[casabella2] 24/4/2015 15:24

Looking like the rumours were right.Large volumes today.

[juju44] 24/4/2015 15:12

Looking up a bit even though gold being hammered again

[juju44] 24/4/2015 14:29

Nickel back over 13k per ton although the excess stock sloshing around , for over a year now ,continues to be around its high

[26 dollars in my hand] 24/4/2015 14:04

Mr Easy...yes some smart money getting in now. With the management changes that are coming I expect some serious value unlocking I the nearterm.

[mreasygoing] 24/4/2015 11:05

This is off a lot of people's radar at the moment, but when it starts to move people will struggle to buy in any great size. Mining and oil sector starting to hot up.

[kenone] 24/4/2015 10:15

Although at the current share price it does seem ridiculously undervalued. Any news of a takeover approach and the upside is huge .

[kenone] 24/4/2015 10:07

Hmmm. Article says '...rumored to be the target of a hostile takeover'. share price doesn't reflect that.

[wstirrup] 24/4/2015 09:59

And this mentions MWA too...

[mreasygoing] 24/4/2015 09:34

Thanks. Big trades so far.

[wstirrup] 23/4/2015 15:09

Mr. E.G. Re your Q. about how much Gold..

A guesstimate is given here...



W.

[greedfear] 23/4/2015 07:19

OT: mreasy you might be interested in Ausdrill (ASX), NTA 1.80 Australian dollar, current share price 0.31, seems like it's bottoming (not a TA man though). Making deals that might prove to be very benificial i.e. taking discounted equity positions in clients with allready beaten down share price Or funding them with convertible loans. When things turn for the better Ausdrill will benefit in more than one way.

Sorry for being OT.

[mreasygoing] 22/4/2015 18:47

How many tonnes of gold do the Chinese have ? We shall soon see.

[mreasygoing] 22/4/2015 18:04

I've been buying other gold related shares and a few miners. The sector is now rock bottom. When this sector rallies it is really flies. Not long to wait now.

[camlor2] 22/4/2015 17:51

Someone's soaking all these sells up,interesting,had a small top up today !!!

[juju44] 22/4/2015 17:09

Looks like an avalanche of selling over past few days and again today. What is keeping the share price up ?

[mreasygoing] 22/4/2015 16:42

Volume nice today. I can't see gold staying at these prices forever. I wonder if China will declare their reserves soon ? I think the market will be surprised at the amount they are stockpiling.

[wstirrup] 22/4/2015 11:51

I suspect he is just PO'd that events are taking too long, and too many snouts in the trough - Perhaps it is fortuitous that this bull market has taken longer than expected - Mugabe is not getting any younger, and a new political climate might be more to our liking -

Things like this are not going to do us, or other foreign investors any favours.



Govt to spare a few white farmers: Mnangagwa
Posted on April 9, 2015 by ZimSitRep_W — 8 Comments ↓
via Govt to spare a few white farmers: Mnangagwa – NewsDay Zimbabwe April 8, 2015

MASVINGO — Acting President Emmerson Mnangagwa has said Zanu PF will spare some few white farmers who were identified in the country’s 10 provinces as eligible for exemption from land grabs, contradicting his boss, President Robert Mugabe, who last year said all white farmers must go.

By Tatenda Chitagu

Mugabe made the remarks at the launch of the A1 Model Settlement Tenure Permits in Mashonaland West province last year.

“We say no to whites owning our land and they should go. Don’t be too kind to white farmers. Land is yours, not theirs,” he said then.

But an upbeat Mnangagwa sang a different tune yesterday when he addressed party supporters at a rally in Mucheke Stadium soon after the enshrinement of a train station which is set to be turned into a national monument where he bombed a locomotive in 1962.

“There are pockets of farms here and there which are still in the hands of white farmers because people supposed to take them did not take them,” Mnangagwa said.

“But we will repossess those farms which were not taken, except for a few whites who were identified by the provinces as eligible for exemption. We will give them offer letters.”

He added that the government would not apply its controversial indigenisation policy in some sectors.
“When it comes to indigenisation, we can discuss case by case, sector by sector, but it (indigenisation policy) remains paramount,” he said.

The indigenisation policy has been blamed for blocking the much-needed foreign investment in the country while the farm seizures are blamed for the food shortage that has resulted in Zimbabwe importing maize which it used to export, as well as the collapse of the country’s economy in 2007-8, which was agro-based.

Mnangagwa said the government has started looking for additional supplies of maize as the current reserves would not be sufficient to feed the whole country following drought that has ravaged most parts of the country this year.

[kenone] 22/4/2015 07:48

Can someone please remind me what Dearing is after ?

[bump3r] 21/4/2015 18:17

Dearing not giving up on calling a general meeting.

[wstirrup] 21/4/2015 12:02

Some on the PM commentating space suggesting that China has two opportunities to reveal its current holdings in May or October of this year.

(According to Bloomberg)

The last time they did a reveal was 6years ago in April, so given the quinquennial nature of such events, this one is long overdue.

BUT, I hear they (The Chinese) are in negotiations for another Bi-Lateral trade deal, with a lynch-pin of the Dollar hegemony, which al most certainly, will impact the Gold price heavily, so are perhaps awaiting its outcome to maximise gains/minimise losses etc. etc.

W.