Share Name Share Symbol Market Type Share ISIN Share Description
Mwana Africa LSE:MWA London Ordinary Share GB00B0GN3470 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 0.85p 0.00p 0.00p - - - 0 05:30:43
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 102.7 10.0 0.2 4.5 11.88

Mwana Africa Share Discussion Threads

Showing 26576 to 26597 of 26675 messages
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DateSubjectAuthorDiscuss
04/9/2015
11:30
Jacks13, Yes, I was being very enigmatic because I am thoughtful about what I post on public forums, and wanted to open-up a conversation. I posted here about 10 months ago that I considered that the Chinese would take control, but was roundly told I was talking rot. It's a pity that I did not take my own advice...... Based on real experience I am deeply sceptical - if I had much at stake I would be swotting-up on the delisting regulations. Has anyone made money out of delisted shares (unless they re-list and transform into shell companies)?
tightfist
03/9/2015
17:47
Buy on the market for 10% less. Great offer!!!!
trevorm2
03/9/2015
16:43
Haven't read all of the posts of the last few days so this may have been mentioned. Mwana have an off-take agreement with Glencore for nickel concentrate. I refer you to this article: Http://www.zerohedge.com/news/2015-09-02/beginning-end-glencore-and-how-trade-it This may be part of the reason for the share price fall.
skidaddle
03/9/2015
15:45
I doubt he'd dare.
gfrae
03/9/2015
15:38
Will Dearing be at the AGM? I'd like to pick his brains.
mr macgregor
03/9/2015
14:22
Why not sell the diamond mine rather than try to raise money. Share price now below the offer price. I think they knew this would happen. This seems to be the first time that all shareholders have had chance to buy in and not just the big boys. From history the share price usually comes declines afterwards. What a lot of money has been wasted on this but there is great assets here. Can mwana ever get it together? Watching for the moment. GLA
trevorm2
03/9/2015
13:28
A bit enigmatic that tightfist. You're not Chinese are you?
jacks13
03/9/2015
11:55
Folks, Need to speculate about the likely Chinese end-game before you decide how much you might be able sell your shares for in future.
tightfist
02/9/2015
21:12
1p the floor ? Only way is up.
mreasygoing
02/9/2015
17:57
Some people is downright stupid to still bragging about Mpinga being how great and how much better it would have been now if he was still at the helm of this company. Surely he has been proven a total failure over many years presiding the down fall of this company, which many here agree has great assets. If he has only managed to make this company worse and worse, as clearly shown by the share price history, when the gold has been on an upswing from $300/ounce to almost $2000/ounce, and otehr commodities were pricy as well, say nickle at over $18000/ton, how could he manage now with gold at $1100 and nickle almost halved. New management is not yet proven but there is at least hope. If one wants to be safe this is not the share to invest in the first place.
ceaserxzy
02/9/2015
17:55
Caedwalla, I am sure the Chinese will not loose their money; indeed, I expect them to make a good turn. But let's be circumspect if we think that we PI's are going to enjoy similar rich pickings.
tightfist
02/9/2015
16:10
I don't think the Chinese are putting more money into this with the expectation of losing it. And if they can see the smelter up and running then any money put in now will likely double by this time next year. If nickel improves it could double by Christmas. On the other hand, all could be lost etc, etc. DYOR.
caedwalla
02/9/2015
14:37
Dearings despicable actions have resulted in the destruction of this company He didn't even have many shares himself. Who was paying him.?Chinese??
apfindley
02/9/2015
14:36
GWR7That is a standard financial disclaimer which you will read in ALL financial documents, brochures, notes, even adverts,And I mean in ALL.
apfindley
02/9/2015
12:57
Well they won't have any of the excess shares if everyone took up their entitlement so you can't blame them for manipulation on that score. I wouldn't attempt to persuade anyone to take part in this or otherwise. Everyone's situation is different. I've taken a punt at recent low prices having sold in the high 3s last August when I also pointed out I expected a fundraising at some stage.
gwr7
02/9/2015
12:39
Have just read the circular. "Recipients of this document should note that the past performance of the Company may not be a reliable guide to the future performance of the Company." Sure hope so dude.
gwr7
02/9/2015
12:38
GWR7, Surely the share price trajectory has more to do with it surely becoming effectively a Chinese company? We know that Ning and CIMGC have currently sold-down their holdings, presumably to "unrelated" Chinese parties, of whom a Mr Feng appears to be one. The next turn of the screw is that they all make successful Excess Applications, etc etc. At some point it will presumuably get de-listed and effectively become valueless to British investors?
tightfist
02/9/2015
11:12
i dont think anyone will take it up. I certainly wont be lol
taxibabe
02/9/2015
10:53
All I would say is look at the Mwana share chart over the past ten years and compare it to peer company Caledonia Mining (CMCL) which faced the same macroeconomic difficulties in Zim but was far better managed. Mwana shareholder value was trashed while Mpinga was in charge, even during the gold boom. The recent weakness has more to do with the collapse of the nickel price than Dearing IMO.
gwr7
02/9/2015
10:41
Further consequences of Dearing,and his merry 5 %.
gfrae
02/9/2015
10:20
Well I suspect the directors know alot of shareholders won't take up the offer and so the chinese end up with even more of the company on the cheap. Probably be able to buy for less than 1p soon unless the price is held up by!!!!!!!!
trevorm2
02/9/2015
10:14
One does wonder what is going on at MWA. Given the general uncertainty/discontent (and likely weak take-up of the Open Offer Shares with no underwriting) it must be highly likely that Ning and CIMGC will indeed be able to rebuild their shareholdings on the cheap through the Excess Application Facility. I hadn't recognised that Ning has reduced his holding (from 9.8%?)to 0.03%. Whilst Klipspringer expansion is the headline reason, the proportions to be spent on corporate restructuring and re-organisation costs are not revealed. One wonders if they need the cash, or whether it is opportunistic? Why did MW-W walk? As ever, too many questions.
tightfist
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