Zambeef Products Share Discussion Threads

[multibagger] 31/3/2013 08:40

From the above, it appears that the tax appeal decision will not be known till the end of the financial year, which is 30 Sep 2013....sometime to go then :)

[tenapen] 25/3/2013 13:56

Thanks, 2XS :)

[multibagger] 22/3/2013 15:17

Thanks 2Xs for posting :)

[2xs] 22/3/2013 15:12

Great article

[multibagger] 22/3/2013 07:04

Or maybe someone knows that the tax matter is close to an amicable and financially less damaging resolution......this is what I believe will happen :)

[tenapen] 18/3/2013 18:38

The ZAM shares on the Lusaka Stock Exchange are on the move. Up 5% + on only 9,200 traded, closing in on 4,000 Kwacha per share.

Maybe the reason why !



Zambia: World Bank to Help Reduce Poverty
By MAIMBOLWA MULIKELELA, 18 March 2013

THE World Bank has pledged to support Zambia in promoting economic diversification and private sector development, which are designed to unlock potential towards poverty alleviation and women empowerment.

Cont...

[tenapen] 17/3/2013 08:18

For Sure Daniel, Thanks.

[danielmiller1] 16/3/2013 22:45

b; The rise to 60p was on the whispers of the Rainbow Chicken deal.

Stick with it 10p. Its a good 'un!

[tenapen] 16/3/2013 16:22

Cheers Multibagger, an interesting link.

Hi Cestnous, Zambeef already have a supply and demand problem. Too much demand and not enough supply.

Regards.

[cestnous] 16/3/2013 14:19

Maybe Tesco or Walmart will buy here. :¬)

[multibagger] 16/3/2013 06:51

Not directly related to Zambeef, but looks at emerging trends in african agriculture:

Courtesy of the The Economist Intelligence Unit:

[multibagger] 14/3/2013 09:39

Hi tenapen ! Greetings ! I think your analysis is correct and no real change in business prospects to account for the fall. I am still very bullish in the medium to long term. Good luck :)

[tenapen] 14/3/2013 08:36

Morning Multibagger, everyone.
Does anyone have any thoughts on the recient weakness in the share price ?. I have a few ideas and maybe it is a combination of all

a; Booking a profit before the end of the tax year.

b; The rise to 60p was on the whispers of the Rainbow Chicken deal.

c; The chinese Governments attempt to calm the Chinese house price bubble, leading to less demand for ... copper which is Zambia's biggest export leading to slower growth for Zambia.

d; General weakness / shorting of Agriculture in general as can be seen in the SP's of AGTA & LONR and often read about on Agrimoney.com

e; the strong US $

Im still holding but did think about selling some at 60p, expecting a pull back, D'ho

[multibagger] 13/3/2013 07:35

Good news for ZAM and us then...I would imagine that there are listed few companies with a track record like ZAM in the sector in Africa and hence a lot of money chasing a few companies. Augurs well :)

I guess we should be hearing about the tax matter resolution/appeal over the next few weeks ?

[tenapen] 13/3/2013 06:36

This Is Africa @FT_ThisIsAfrica

31 agribusiness investment funds, with target capitalsation ranging from US$ 8 million to US$ 2.7 billion, target Africa.

[tenapen] 07/3/2013 14:18

Rainbow Chicken Raises ZAR3.9 Billion Through Rights Issue
06 March 2013

SOUTH AFRICA - Rainbow Chicken has successfully raised 3.9 billion rand (ZAR) through a rights issue, the company said.

Cont...

"The further acquisition of a 49 per cent stake in Zam Chick enables Rainbow to move into Zambia and the neighbouring, under-serviced territories – moves into Nigeria and Kenya via Zam Chick can be expected," Mr Clark said.

Cont...

[tenapen] 16/2/2013 14:47

A good move higher :) exciting times.


Zambeef and Agriterra get a mention in the colume on the left had side of the screen on the link below.

(But if you click on the Shoprite name and check out the 5yr chart, its what dreams are made of).




Africa calling. Rewarding patient investors.

[multibagger] 16/2/2013 07:53

It has moved 1.5p on the bid on less than 200k volume on 15 Feb 2013...we know that is just under 122m shares on the AIM (the rest being listed in Lusaka, if I am not mistaken) of which almost 50% is held by funds/promoters...there is not much of a free float. I am hoping we will see a share price in the 60s fairly soon (next 2-3 weeks)...good luck all :)

[multibagger] 14/2/2013 07:57

ZAM seems to be a big company in Zambia and my naive take is that the govt may be more sympathetic to their tax affairs, as I guess that there may be many stakeholders through govt pension funds etc. IMHO, It may not be politically astute for the tax authorities to really go after ZAM for minor transgressions, if any ...as ZAM could chose to move their operations given their widening footprint ?

[tenapen] 12/2/2013 20:08

Good Luck to you Multibagger.

Im thinking that zam will loose the case (guilty or not) BUT a deal will be done and the fine zam have to pay will be cut. The share price will edge down on the headline news but will recover soon after. I am usualy wrong and will be happy if i am wrong in my above thinking.

One thing for certain, Investments in Africa will continue to grow in the years to come and ZAM will continue to be a good solid investment as they expand out of Zambia / Nigeria and Ghana.

Regards

[multibagger] 12/2/2013 19:33

Thanks tenapen for your post and link. My take on the tax issue is that the market has already discounted this. So if the appeal decsion is favourable then this will trigger a share price rise. I have moved some NANO profits into this. good luck :)

[tenapen] 12/2/2013 18:28

Hi Multibagger,
I agree with your post.

I am happy with my holding just now on a risk reward / do not risk what you can not afford to loose basis. But i have a hunch the share price will edge down in the run up to the tax news, or on the news intself. IF it does fall i have money to invest.

All possitive for African investments going forward !.



Africa set to become the IFC's top investment destination, although risks remain
BY Kate Douglas February 12, 2013


"At the IFC, we see the impact of Africa rising in our investments. From less than 10% of IFC's global investment portfolio only five years ago, today sub-Saharan Africa is the second largest region of investment for us and we project that in three years we will be investing more in sub-Saharan Africa than any other region in the world."

Cont...

[multibagger] 12/2/2013 16:22

Picked up a few more today, the story and commercial prospects/potential is compelling, already profitable, good track record and my hunch is that the tax issue will be resolved in a manner that is not too harsh/ even favourable to ZAM - that should see a re-rating of the share price All IMHO :)

[tenapen] 12/2/2013 08:51

Off Topic ZAM

On Topic Africa

Barclays to Cut Jobs, Focus on UK, US, Africa

Cont...

The bank outlined a strategy that will see Barclays refocus investment in Africa, the U.S. and the U.K.

Cont...