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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Zambeef Products Plc | ZAM | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 5.75 | 07:37:51 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 5.75 | 5.75 | 5.75 | 5.75 |
| Industry Sector |
|---|
| FOOD PRODUCERS |
| Top Posts |
|---|
Posted at 02/5/2023 02:10 by catsick Interesting to see that this is now one of the Krohne fund's biggest holdings, he is an excellent frontier market value investor and will have done his homework on this, well worth signing up to his fund newsletter |
Posted at 20/6/2021 09:44 by gb904150 I think it's a tiny and illiquid company and takes very little buying to move it. A lot of PI's don't know about the pref shares and the half-year report sounded positive. Perhaps that was enough to move the SP? Was there much volume?They were tipped in Moneyweek a few weeks ago where it was highlighted how 'cheap' they were on a P/E basis - again no mention of the preference shares. ZAM doesn't generate anywhere near enough cash to pay off the pref shares before the 8th anniversary (2024). At that point they can convert at 1:3 into equity rather than 1:1. The optics of that would be very poor for CDC so I doubt they would be quite so ruthless. More likely is some kind of debt refinance but in which case ZAM are entirely at the mercy of CDC as to how generous they want to be. Too much uncertainty for me but perhaps a nice gamble for others. I've always liked the 'feed Africa' ZAM story but unfortunately that doesn't mean they are a good investment! This one has never shown much prospect of being run in the interests of investors. |
Posted at 28/11/2016 05:26 by catsick There are the full results and some excellent presentations on the companies websiteOne thing I would note is that the company have totally dropped all mention of palm oil from everything they have just released, they have invested over 20 million usd to date in palm which has a large tax advantaged domestic market and plan to increase this to total 40 million over the project life, they have just commissioned a crushing mill and should be just about reaching maturity on the early plantings, yet zero communication .I suspect this lack of communication relates to the CDC , palm is a dirty word to western investors as a result of heavy EU funding of ngos campaigning against anything palm related, it is impossible for the eu to compete in edible oils with palm as it is natures super oil producer , ngos are trying to kill feronia over the border in drc who are the only employers in a devastated region, cdc are shareholders in feronia and i suspect at some point it may make sense to roll this investment into zambeef but they will be taking a lot of flack from euro ngos for the position in feronia and I suspect the cdc have asked for silence on palm despite it all being done on unused non deforested land ...It will be interesting to see how cdc influence zambeef, I thing they will be a good long term holder but political influence over what zambeef farm and do would be unwelcome .... |
Posted at 28/10/2015 12:29 by paul the octopus problem usual come with dual listed companies like ZAM that oversees investors outside the UK won't need to notify their holding changes, that's the only thing I can think off right now with no holdings rns so far. |
Posted at 21/10/2015 14:47 by boonkoh Tumbling kwachaSlowing economyElectricity disruption / expensive generatorsForeign denominated debtInvestor wariness of EM atmLota of headwinds at the moment. Not many positive spots. But when the above starts to be resolved, this can double in value. Question is IF and WHEN. |
Posted at 06/8/2015 10:14 by grollfam TODAYS SHARE MAGAZINETuck into Zambeef African agri-business should interest deep value seekers Deep value investors might munch on unloved agri-business Zambeef Products (ZAM:AIM), a long-term play on rising protein consumption across Africa. Trading at a 67% discount to estimated net asset value of £118.76 million or 47.9p per share |
Posted at 03/7/2015 12:42 by grollfam Zambian dollar bonds fell, driving yields to an all-time high, after a credit-rating downgrade by Standard & Poor’s cast doubt over the government’s plans to sell its third Eurobond.Yields on the southern African country’s $1 billion of debt due April 2024 climbed for a fifth day after S&P cut its assessment one step to B, five levels below investment grade and the lowest since S&P coverage started in March 2011. The slide in prices deepened losses for Zambian dollar notes, the worst performers last month among 58 emerging markets monitored by Bloomberg A weakening currency may also add to the nation’s debt burden. Fitch Ratings warned on June 29 that interest payments on debt may surge to 17 percent of government revenue this year, up from 8 percent in 2012. Fitch rates Zambian debt at B, the same as S&P. Moody’s Investors Service has an assessment one level higher at B1. If authorities go ahead with the Eurobond plans, Zambia’s debt burden will increase to about 50 percent of GDP, S&P said. “The vulnerability of the kwacha is a major issue on this front as a greater external debt load will mean currency risks become much more acute,” Gareth Brickman, an analyst at ETM Analytics in Johannesburg, said in a note to clients. |
Posted at 07/3/2015 21:27 by paul the octopus Zambeef chief executive officer Francis Grogan says Zambia's natural resources combined with Japanese wealth and technology can help the country feed the entire southern African region. "We are looking forward to Japanese investors coming into the country and set up an assembly plant for agriculture equipment"Meanwhile, Grogan said Zambia had enormous natural resources in the food business and presented huge chances to process the same with the right technology from Japan. "Japan has vast wealth and technology. We in Zambia have vast natural resources, specifically in the food business. We have huge opportunities to process food, value add food and distribute food to the region," Grogan said in Chisamba at Zambeef's Hartley Farm on Wednesday when Japanese ambassador to Zambia Kiyoshi Koinuma and a delegation of Japan External Trade Organisation [JETRO] members visited it . Grogan said the Japanese with their wealth and technology could reap great rewards if they invested in agribusiness in Zambia, particularly from water harvesting, irrigation and fish farming. The delegation toured Zambeef's meat processing plant and feedlot where they were shown how the company sourced its meat and processed it before distributing it around the country.Ambassador Koinuma said he had visited Zambeef Chisamba outlet before and he was always impressed by how well organised the operations of the country's largest agribusiness were and its good business model. He added that he believed Zambeef could feed the region and that he admired it's mission statement of "Zambeef feeding the nation". JETRO executive director and delegation member, Kimihiko Inaba, said after the tour he was impressed by Zambeef's quality control and the care it took of its animals. "I can see why Zambeef is very successful," said Inaba. |
Posted at 06/3/2015 14:37 by paul the octopus Could Japan Be About To Invest In Zambeef Expansion? | FinanceFollow @Afric |
Posted at 12/12/2014 10:58 by paul the octopus https://www.daily-ma |
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