Share Name Share Symbol Market Type Share ISIN Share Description
Zambeef Prod. LSE:ZAM London Ordinary Share ZM0000000201 ORD ZMW0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 11.25p 11.00p 11.50p 11.25p 11.25p 11.25p 13,907 07:30:22
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food Producers 169.1 9.6 3.9 3.0 27.90

Zambeef Prod. Share Discussion Threads

Showing 901 to 923 of 925 messages
Chat Pages: 37  36  35  34  33  32  31  30  29  28  27  26  Older
DateSubjectAuthorDiscuss
13/9/2017
11:17
Having said that, they have made very scant return for the money invested in palm oil.
cjohn
11/9/2017
09:51
Thankyou Valhamos for your clarificiation. This puts a better shine on the deal. I forgot it might be a gross assets figure. The positive from the deal is that - bar the loss of the second loan - they have escaped a huge drain on cash.
cjohn
07/9/2017
15:17
Agreed about the inter company loan, but the $19m on 30/09/16 balance sheet for Zamplam quoted in the announcement is for gross assets not net book value (the announcement is rather misleading in this respect). From the accounts (note 15) we know net assets were US$8.3m at 30/09/16 ($19m less $10.7) however inter company loans had increased to $14.3m as at 1 June 2017 so net book value could be even lower now. Against that although there is a possible extra $2m consideration there is also the requirement for Zambeef to write off the second inter company loan of $2.5m to the extent required by shareholder contributions for the next 3 years.
valhamos
07/9/2017
12:05
Correct me if I'm wrong, catsick, but BEFORE the deal goes through, Zambeef converts its ZMW104.6m/$11.8m intra-company loan to Zampalm into Zampalm shares. These shares are then included in the sale. So for assets valued on the balance sheet at $17.1m (90% of $19m) Zambeef receives $16m - $11.8m = $4.2m, with another possible $2m to come. I am not currently tempted here. I don't trust the book values for the land and biological assets. And it seems to me that any cash generated is going to be used up in capex. Be very grateful to hear your views.
cjohn
06/9/2017
14:46
Over 20k hectares sold at around $800 per hectare or £300 per acre. Is land that cheap out there?
aleman
06/9/2017
14:41
But it does gain the award for my biggest losing position this year out of the over 100 shares/bonds i hold ....
catsick
06/9/2017
14:36
Actually not so terrible, selling a non income producing business for half the market cap and close to book while the shares are at a big discount to book is bearable, the growth part if the business is doing well and poor crop prices are creating a short term problem ... given the current share price I dont think its that bad ....
catsick
04/9/2017
21:00
US trade bodies pledge support to Zambian companies September 4, 2017124 views Share on Facebook Tweet on Twitter The World Trade Center Los Angeles (WTCLA) and the Los Angeles County Economic Development Corporation (LAEDC) have pledged to help Zambian companies to explore markets in the United States of America. WTCLA International Trade Manager Michael Smith says the LAEDC is determined to provide business assistance through market research to Zambian businesses wishing to locate or expand operations in Los Angeles County. “The LAEDC stands ready to help Zambian companies build capacity to allow them to tap into the U.S market in sectors such as agriculture, manufacturing, construction, and technology skills transfer,” he said. The Corporation is the largest County economy in the U.S. with the Gross Domestic Product (GDP) of over 640 billion United States Dollars. To this end, the USA Firm based in the US of California State says it is planning to visit Zambia next year to explore areas of investment in the country. He further urged the Embassy of Zambia in Washington D.C to avail WTCLA with detailed specifics of projects seeking investment in various sectors in order to position Zambia as a choice of investment destination. WTCLA is an affiliate of the LAEDC and is Los Angeles County’s leading promoter and facilitator of global connections and inbound foreign direct investment. Mr. Smith said this during a trade discussion meeting with Zambia’s Honorary Consul and Chief of Post in California Robert Sichinga Jnr, Embassy of Zambia in Washington D.C First Secretary Trade Charity Zulu and her Tourism counterpart Marsha Chipasha Holdway in Los Angeles. And Mr. Sichinga also called on the LAEDC to identify companies in Los Angeles that will help Zambian companies add value to most of its products to increase on exports. He observed that Los Angeles County is leading in sectors similar to those that Zambia has targeted as part of its growth of non-traditional exports and its Job Creation and Industrialization Strategy. He further called for the expertise of the LAEDC to help package Zambia in a way that appeals to the Los Angeles based investor. And Ms. Zulu said Zambia has launched the seventh national development plan that has outlined key areas of investment in the country. “Zambia’s manufacturing sector has considerable investment potential, as the country is relatively well endowed with raw materials and as such value addition, as well as technology transfer, is key,” she added. She further added that Zambia among other interventions is also exploring ways of the use of alternative and renewable energy to meet the country’s energy deficit. Meanwhile, Mrs. Holdway also urged the (WTCLA) to help identify companies in the film and digital industry to partner with film makers in Zambia to raise the country’s tourism profile.
value viper
07/6/2017
11:17
I wonder if the fall armyworm outbreak affected soya prices. The prices quoted in the report look to have fallen a bit more than soya quoted on other markets, which have largely been flat for 3 years, although spiking a bit last spring to summer, before easing again. The infestation could lead to worse quality, perhaps? I am surprised there is no mention as to whether they have avoided the attack or not, as it has affected many African nations, with Zambia one of the first to receive widespread damage. I was hoping to hear their take on things. http://www.nasdaq.com/markets/soybean.aspx?timeframe=3y
aleman
07/6/2017
07:42
Poor results - Foward projections poor - Justified (imo) markdown before opening.
pugugly
09/5/2017
16:46
At least 2 of the farms for sale Chiawa and Sinazonge - Looks as though ZAM may be trying to stay on as managers etc - Click on pictures on Knight Frank web site http://www.knightfrank.co.uk/en/properties/residential/for-sale/zambia/all-types/all-beds
pugugly
09/5/2017
16:15
Thanks catsick.
spooky
09/5/2017
12:58
It was in the property section, it was knight frank zambia listing it , you can find it if you google
catsick
09/5/2017
12:42
I don't know if this is significant but it is probably a good idea to monitor. Http://agrinatura-eu.eu/2017/05/maize-scientists-vow-to-intensify-research-on-armyworm-invasion-in-africa/
aleman
09/5/2017
10:43
Which section of the FT?
spooky
09/5/2017
07:42
Interestingly in this weeks weekend FT I saw one of the zambeef farms advertised for sale, they are looking to sell farms with 4k irrigated ha of land for 50m usd this is about half of the irrigated row crop land or 1/4 of the row crop land total, this would pretty much pay off all the expensive debts or allow them to redeem the prefs without reducing pnl, the farms will be generating a lower rate of return than the debt cost and seems to be a very decent premium to book value so should be a good trade if they find a decent buyer.
catsick
10/4/2017
12:34
So I am not sure if this is that relevant to zam but anecdotal evidence from an old mining friend is that things in the congo at the moment are going nuts with a huge cobalt boom, apparently the only place on earth with any unmined capacity in cobalt is the drc/zambia copperbelt and there is not enough cobalt in the world being mined to make the batteries for the tesla megafactory so there is huge money being offered to long in the tooth geologists to go risk life and limb prospecting for cobalt, after the copper bust that hurt the zam economy it would seem that zam and drc are at the center of the worlds automotive needs ! I am sure that being the Walmart of zambia may not be a bad thing ....
catsick
05/4/2017
12:40
Should be getting a trading update soon ahead of the interims, over the period the fx has been very stable so it will be a very clean way to compare with last years interims, hopefully some nice growth and pnl will be evident, The absence of external shocks should mean the management have been focused on growing the business and making some cash, these shares should be shown to be waaay undervalued..
catsick
23/3/2017
16:43
Well, recent news has been more promising and the currency has been strengthening slightly of late, which generally helps. I'm not too worried. I'm more nervous about US and UK stocks where consumer credit markets have started deteriorating and there are some signs it is leading to economic weakness. ZAM might be a safe haven from turmoil here later this year. I don't think I'd enourage anyone to buy a lot, though. It's still Africa!
aleman
23/3/2017
16:32
Chart beginning to look a bit ominous, could do with an update but there isn't one due for possibly a month.
spooky
23/3/2017
16:24
Looks like somebody has put a prearranged £half-million deal through the market at lunchtime.
aleman
16/3/2017
12:28
Yes not a lot of new info other than that they are producing now at commercial volumes from 2,800 ha, its a bunch of capital they have stuck into this with no returns to date, would be good to get some guidance on how much cash they think they can make from this business it should be highly profitable with a big advantage in the domestic market.
catsick
14/3/2017
18:10
Commercial palm oil production has now started.
boonboon
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