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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 0.0% 7.625 7.50 7.75 7.625 7.625 7.63 0.00 07:35:53
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food Producers 174.9 7.2 2.0 3.8 19

Zambeef Products Share Discussion Threads

Showing 426 to 449 of 1000 messages
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DateSubjectAuthorDiscuss
03/12/2014
15:16
loading up beef in the run for xmas...
paul the octopus
03/12/2014
15:15
Zambia ready for transition shocks – Zambeef Posted in Business on November 25, 2014 by Online User ZAMBEEF GROGAN MASTERPORK ANGELA CHISHIMBA, Lusaka ZAMBEEF Products Plc says Zambia’s macro-economic fundamentals are strong and can withstand shocks that might be experienced during the transition period. “Zambia is a fortunate country because we have been very peaceful and therefore I am very confident of a peaceful transition. As for business, it is business as usual. We have very strong macro-economic fundamentals and that’s a great platform for our economy,” Zambeef joint chief executive officer Carl Irwin said. Mr Irwin said Zambia is one of the fastest growing economies in the world. “It’s an exciting time for Zambia, and there is no doubt that this country is one of the fastest growing economies in the world. In addition, it’s a country with a growing population with growing incomes,” he said. Mr Irwin said being the largest food provider in the country, there are challenges for Zambeef to pick up and sustain the increased demand for its products. He said Zambia is one of the few countries in southern Africa that are self-sufficient in most food products. “This is something we can be proud of. As Zambeef, we will continue to contribute to the food security of this country,” said Mr Irwin. hxxps://www.daily-mail.co.zm/?p=12158
paul the octopus
03/12/2014
15:13
Zambeef increases milk production Posted in Agri-business on December 03, 2014 by Online User ZAMBEEF GROGAN MASTERPORK KELLY NJOMBO, Lusaka ZAMBEEF Products Plc has increased its milk production capacity from last year’s 6 million litres to 6.5 million litres this year, despite a reduction in milk sourced from the small-scale dairy farmers. Recently, the company told Government that it has a deficit of over 300,000 litres of milk per month because small-scale dairy farmers are unable to supply the commodity. But according to the company’s latest annual report availed to the Daily Mail in Lusaka recently, the firm has increased the average daily yield per cow to 27 litres this year from about 21 litres last year. The report says although the company is only able to process about 35,000 litres per day, it has the capacity to process over 100, 000 litres. Commenting on the report, company quality control manager Musonda Sikazwe said, “Our dairy produced 6.5 million litres of milk this year, compared to six million last year, and milk sourced from the small-scale dairy sector increased significantly to about 2.4 million litres this year from about 952000 litres last year, despite having a reduction in milk sourced from small-scale farmers. “Our milk processing capacity is about 130, 000 litres every day, but we are currently processing about 35,000 litres due to a shortfall of about 300,000 litres per month.” Mr Sikazwe, however, said the new milk processing plant that was commissioned in November last year has increased daily milk processing capacity to about 65,000 litres, from about 25,000 and that it is currently running at 35,000 litres per day. Mr Sikazwe said the new plant has allowed Zambeef Plc to target supply growth more aggressively and increase the number of value added products, which now include 40 product lines which earn better margins. He said the division will continue to be a key focus area and continued growth is expected next year. hxxps://www.daily-mail.co.zm/?p=12997
paul the octopus
03/12/2014
08:08
interesting days ahead
paul the octopus
03/12/2014
01:26
Zambeef Flags Openness To Tie-Ups, Asset DisposalsZambeef signalled its enthusiasm for tie-ups, and a willingness for asset sales, even as it revealed a recovery in its performance in the second half of its financial year, helped by a stable currency a strong Zambian wheat harvest.The Zambia-based soybean crusher-to-dairy group unveiled a pre-tax loss of $3.60m for the year to the end of September, compared with earnings of $4.11m a year before, on revenues down 6.9% at $279.5m.However, the decline into the red disguised a marked improvement in the April-to-June period, when Zambeef achieved a pre-tax profit of $2.7m - contrasting with the $6.3m loss in the first half of the financial year, reflecting dents from a slide in the kwacha, weak crop prices and an outbreak of African swine fever.While none of the group's animals contracted the disease, the outbreak effected Zambeef through restrictions imposed on animal movements into February, hitting profits at its pork operations.'Realising some value'Despite the improved performance, Zambeef hinted as its willingness for disposals, saying it was investigating ways of "realising some" of the value in its assets, after accounts last year revealed "significant capital gains".The valuation uplift "was a pleasing reflection of the investment we have made in recent years to establish Zambeef," Jacob Mwanza, the group's chairman, said."There is an opportunity for us to unlock some of this value into order to strengthen our financial position," Dr Mwanza said, flagging the potential for reducing the company's dollar-denominated debt, and cut exposure to exchange rate movements.He also noted the potential for joint ventures, after the formation last year of tie-ups with RCL Foods in poultry, a move which was allowing Zambeef to "leverage [RCL's] vast experience and impressive track record" in the industry.Market reactionThe potential for deals was viewed as positive by house broker Panmure Gordon, which restated a "buy" rating on Zambeef shares with a price target of 35p.The potential to "unlock value" from the group's $212m of net tangible assets ? equivalent to 56p per share - "could be a significantly accretive strategy", Panmure analyst Jeremy Grime said.He noted that Zambeef had $115m of net debt to reduce with any sale proceeds.However, VSA Capital took a more cautious view of Zambeef's prospects, noting that the group would not, as initially forecast, pay a dividend this year, and indeed had no target date for a payout."Improving markets should allow a recovery but this is likely to take some time," VSA Capital analyst Edward Hugo said."Consensus estimates points to a recovery to profit levels achieved in 2012 only in 2017."Zambeef shares, which are listed in London, closed unchanged at 12.875p.Second-half recoveryZambeef said that its cropping division, its biggest earner, had recovered from a disappointing first half performance to come in "ahead of expectations" for the April-to-September period, "with wheat prices slightly ahead of budget, and excellent yields".The division's gross profit for the full year fell 9.3% to $26.4m.The edible oils unit saw a slump of 42% to $11.1m in full-year gross profits, hurt by the use of high priced soybeans bought forward last year, although these supplies had not been exhausted, implying a "better 2015" for the division.In beef, full-year gross profits dropped by 7% to $18.2m, despite a 53% revival in the second-half of the period, compared with the first, helped by a campaign to promote domestic supplies."Zambeef's commitment to buying only Zambian beef has been well received and, with the increased focus being given to the beef division, as the largest contributor to cold chain food products, this division is expected to continue to grow in 2015," the group said.
paul the octopus
01/12/2014
22:01
Zambeef, Pep-Z To Sign MoUBy Kennedy MupeseniZAMBEEF Products will be signing a Memorandum of Understanding with the new United Kingdom (UK) government-funded Private Enterprise Programme - Zambia (PEP-Z) to reinforce market linkages for small-scale farmers and entrepreneurs across the country.Zambia's leading food processor is among the first anchor companies set to sign such the MoU with PEP-Z, which aims to build and strengthen the capacity of Zambian micro, small and medium enterprises (MSMEs) in the private sector to create jobs and contribute to economic diversification.In statement released at the weekend Zambeef chief executive officer Francis Grogan said Zambia's farmers had the capacity to feed the nation without the need for imports.Mr Grogan said contrary to reports, Zambeef was expanding its meat processing operations and had no intention of closing abattoirs or lay-off workers.PEP-Z business linkages manager Andrew Kambobe said the company was looking forward to working with a core of Zambia's best and most innovative companies to support the entrepreneurs who will become the conglomerates of the future.
paul the octopus
26/11/2014
18:17
Whoa, don't take out your frustrations on me, Paul! I'm not the enemy here :)
boonkoh
26/11/2014
16:55
brining the results forward is not a big of a deal, maybe a way to stop the share price going down when thing turnedaround in the 2nd halfand regarding the unrest, not sure how this would stop people eating beefis there unrest actually in Zambia? or is there a country that has no unrest nowadays? life keeps on boy.and btw, the 2 jv mentioned are outside Zambia, but i guess you might com back saying what about eboula.
paul the octopus
26/11/2014
14:30
I'm still wondering why they brought the results forward. Nothing unusual. Maybe they just made a mistake with the original date? I think this share will stay low for a while. Potential political unrest in Zambia due to the jostling of power until elections. I need to work through all the numbers, variously quoted in ZMW and USD, to get a true picture. Certainly very positive statements from management in the results.
boonkoh
26/11/2014
14:28
Some big volumes today (Nov 26th) mostly around 13p (= offer)
rotors
26/11/2014
13:43
looks like a big seller out there.... Once the seller dries up , should be back to 20-30p
grollfam
26/11/2014
09:29
i take it as good turn around from H1 loss to H2 profits and strong cash flowmakes u wonder why this went from 26p to 13p.back to 26p the least soon
paul the octopus
25/11/2014
14:11
Hmm results release brought forward. Means there is probably some commercially sensitive announcement to make, of the M&A or financing kind! Looking forward to see what tomorrow brings...
boonkoh
25/11/2014
10:26
Last 3 posters - yes, political uncertainty and cheap imports are hurting Zambeef hard, but I think it's important to remember that the Beef news is not new (it's been under pressure for a while), that Beef is only 16% of Zambeef's gross profit now, and that the share price is wildly underpriced against NAV. In the longer term it's worth bearing in mind that several of the country's leading politicians are major suppliers to Zambeef; not to mention that the loss of 4000 jobs in one of the bright spots of the Zambian economy would be a political nightmare; therefore, I expect that it's only a matter of time until the tariffs are imposed on beef imports to protect the industry. Not good news, but for LTHs it's just one more delay until we see a turnaround.
kattatogaru
24/11/2014
17:07
Thanks for posting the link, folks. :(
tenapen
24/11/2014
15:33
https://www.daily-mail.co.zm/?p=12046
grollfam
24/11/2014
14:26
hxxps://www.daily-mail.co.zm/?p=12046
guernseymoney
20/11/2014
19:47
Cheers Tenapen ! ZAM finds a mentioned in the latest issue of Shares magazine saying that the worst may be behind it. Good luck :)
multibagger
20/11/2014
19:18
Hi Multibagger, a big Weldone to you with OBT and long may it continue rising.
tenapen
20/11/2014
15:40
Tenapen...I hope you are in OBT :) Good action today....
multibagger
18/11/2014
19:51
Cheers tenapen :)
multibagger
18/11/2014
17:41
Hi Multibagger, Thanks for the heads up on Obtala, I looked at it a few months ago and i still look in every so often but it still remains on my watch list. Best Wishes. :)
tenapen
14/11/2014
17:20
O/T FAO tenapen Take a look at the youtube video on OBT - another solid agribusiness out of Mozambique, Lesotho and Tanzania. Https://www.youtube.com/watch?v=2GAz7XJ4j7Y DoI: I hold shares in OBT
multibagger
11/11/2014
19:00
Hi tenapen, ZAM is a good solid business and at a time of poor investor sentiment is precisely the time to take a stake....but I agree that this may have a little more fall left due to the reasons you have set out. I do hope the scourge of Ebola is contained as effectively as possible - sad really for people and families affected.
multibagger
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