ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

ZAM Zambeef Products Plc

5.75
0.00 (0.00%)
18 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Zambeef Products Plc 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
  0.00 0.00% 5.75 5.50 6.00 5.75 5.75 5.75 0.00 08:00:25
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Poultry & Poultry Prods-whsl 6.2B 118.61M 0.3946 0.15 17.28M
Zambeef Products Plc is listed in the Poultry & Poultry Prods-whsl sector of the London Stock Exchange with ticker ZAM. The last closing price for Zambeef Products was 5.75p. Over the last year, Zambeef Products shares have traded in a share price range of 4.85p to 8.275p.

Zambeef Products currently has 300,579,630 shares in issue. The market capitalisation of Zambeef Products is £17.28 million. Zambeef Products has a price to earnings ratio (PE ratio) of 0.15.

Zambeef Products Share Discussion Threads

Showing 776 to 798 of 1025 messages
Chat Pages: 41  40  39  38  37  36  35  34  33  32  31  30  Older
DateSubjectAuthorDiscuss
11/12/2015
09:41
i am also tad perplexed ; still gaining some traction i think
value viper
10/12/2015
10:41
what puzzles me is why directors not buying? is there anything unknown? they loaded early in the year at 10p so why are not buying at 5,6,7p?
paul the octopus
04/12/2015
09:23
finnCap retains 15p target
aishah
03/12/2015
11:51
ZAK Mir's bull call of the day:
Zambeef Products (ZAM): Sharp Bear Trap Reversal

Shares of Zambia of products have been on the radar as a potential recovery situation for the best part of two months, but it would appear that in the wake of a final November bear trap rebound towards the 5p level we have finally seen some traction achieved by the bargain hunters. Indeed, the current charting figuration shows how we are knocking on the door of the 50 day moving average at 7.88p.

The ideal scenario now is that we see a weekly close above this feature ahead of a move over the following 1 to 2 months as high as the 12p level. This would be just above the 200 day moving average at 11.75p, which is expected to be hit even if the shares then revert to the post 2014 breakdown that we have become accustomed to. Only cautious traders would wait on a clearance of the 50 day line as a momentum trigger before going long.

- See more at: hxxp://www.shareprophets.com

aishah
02/12/2015
10:39
ZMW gained around 30% vs USD over last couple of weekshttp://www.bloomberg.com/quote/USDZMW:CUR
paul the octopus
27/11/2015
16:15
KAMPALA Uganda—Mineral-rich Zambia has announced a program of austerity measures to try to close a gaping budget deficit and restore confidence in southern Africa's third-largest economy

Cont...

tenapen
26/11/2015
09:45
got steaks in both beefy and looking to keep filling my plate, like it well done@zOctopuz on twitter
paul the octopus
25/11/2015
20:17
Funny you should mention AGTA as ZAM indicated tete province as a new area to drive into and that's AGTA's main area. Potential ZAM could buy AGTA? AGTA's cocoa and palm area in sierra leone would be complimentary and they would have ready made distribution network and pick it up on the cheap.
cyfran101
25/11/2015
11:30
yes , i am expecting director deals - gotta be
value viper
25/11/2015
10:21
results out, best thing to do is to read it 5 times, 3 times without the exchange rate effects and 2 times with, then you should find your answer.would like to see the directors buying big between 5-7p as they did early on the year when they put up ~£650k in aggregate, take that as a confirmation.another African agricultural play to look at is AGTA, results out last Friday and trading contract for 500Mt coca.
paul the octopus
12/11/2015
20:59
Kwacha surges in best day in 2 decades; Google Zambia news....
value viper
11/11/2015
21:58
Zambia has called in the IMF for potential assistance with the plunging kwacha.It seems they have resisted wanting such interventions , say having to owe more money (on top of existing debt interest) but maybe needs must now due to their many economic strains : power probs, commodity price slumps, govt debt level havoc cause of hammered kwacha etc etc
value viper
06/11/2015
04:24
The tax issue is excellent news, The big seller is gone, the price can now converge back to the onshore price of 15p , its not without risk but I dont think they will have problems with this usd debt as long as the business can produce free cashflow they will be fine CIC is busy buying assets like this at full prices ...
catsick
05/11/2015
06:28
Nothing new but wider notice
jhan66
04/11/2015
17:23
Resolution of Zamanita Tax Assessment.

"Following the success of the Appeal, the provision which has been held in the Group's accounts since the Assessment, of ZMW 49.15 million was made, will now be released. Zambeef expects to receive a full written judgement in due course."

valhamos
04/11/2015
12:08
check out the @zOctopuz on twitter, 55% of debt in USD which equates to ~= $37m vs $40m revenue in USD, so currency devaluation is not much of a risk now, more importantly the revenue growth keeps going- 15.6% of rev = $40m, now go figure the rest- a subsidiary sold for $30m back in June to pay debt, go figure what the value of existing assets enough said for now, momentum turning and selling drying up, let's see it back to 10p before 25/11, at least it was just 12p after last update so 10p is doable
paul the octopus
04/11/2015
10:58
Interesting update. More positive than I expected given recent events. Panmure retain BUY and 25p target.
aishah
04/11/2015
10:35
interesting and informative post cat.
I had wondered why we hadn't seen the Lusaka line move (down) in price.
assumed it was just fx killing the London price

value viper
04/11/2015
10:01
I bought into this today after going through recent events, The situation here is similar to the situation cresud in argentina has faced for a long time with dollar debt and a quickly unravelling currency, however they cope with it . The farms are really dollar assets , most large farms will attract global buyers , the dollar value of these will not be impacted by the ccy movements, if anything it pushes costs lower while producing a globally traded product, the stores are a much more domestic affair so they will be impacted but long term its a real businessAnother interesring point is this huge selling by investec all of which is in London has caused a big difference in the price of the local shares which are still at 15p equiv ! I would say the local market has a better understanding of what is going on ....
catsick
04/11/2015
08:24
mm syndicate killing it, smells a big fat finger
paul the octopus
04/11/2015
08:23
not sure if they can buy now though, given what's they done before, they can easily take any quantity out of the market.
paul the octopus
04/11/2015
08:19
i wonder if the directors have timed well this RNS knowing seller is done ?
they have proven quite shrewd in this way b4

value viper
04/11/2015
08:11
if 15.6% of revenue in USD which is $40m, which is 50% or more of the remaining debt, then exchange rate won't hurt much, most of their cost already in local currency, they are doing the right thing paying of the debt faster now
paul the octopus
Chat Pages: 41  40  39  38  37  36  35  34  33  32  31  30  Older

Your Recent History

Delayed Upgrade Clock

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

Support: +44 (0) 203 8794 460 | support@advfn.com