Zambeef Products Share Discussion Threads

[lennonsalive] 23/12/2011 22:19

ZAM has excellent prospects and is a growing company. Just two things may hold it back (bar the seller in the background, buyers coming in and price does not move)

Any possible political unrest in the region and it's an AIM share, AIM shares struggle in the current climate. I hope neither will effect it!

[tenapen] 23/12/2011 09:04

Off topic but still Agri (milk & egg) comment.

Thanks to Traderabc for posting.



Agri-Food Thoughts
Ned W Schmidt

Yes, We Have No Butter

Norway has a crisis, plenty of oil but apparently little butter. From "Norway butter shortage threatens Christmas treats" by Sapa-AFP via timeslive.co.za, 12 December,

Cont...

So, at this joyous holiday time of the year while the Norwegians are short their biscuits let the rest of us celebrate the warm, fuzzy feeling of greed, and take a look at Agri-Equities.

[jonwig] 22/12/2011 11:51

USD 0.0045 per share. It should just about buy me a steak when I get it!

[tenapen] 22/12/2011 08:45

XD and the AGM today.

[lovaine] 21/12/2011 16:25

Good man.Wish I had no turkeys.

[jonwig] 21/12/2011 16:23

lovlaine - very considerate of you at this festive season!

But I never bought any ZEN, and certainly didn't lose more than 50% on CPT. I do have a habit of starting threads and then not following up.

To pursue the Christmas analogy, I tend to ditch turkeys very early!

[lovaine] 21/12/2011 14:46

Jonwig.
Lets hope ZAM don't go the same way as ZEN , CPT ++ many others in losing 99% of their value !!

[tenapen] 03/12/2011 09:10

December 2, 2011 8:40 pm
Oil and animal feed divisions bulk up Zambeef

By David Blackwell

Cont...

Copyright The Financial Times Limited 2011. You may share using our article tools.
Please don't cut articles from FT.com and redistribute by email or post to the web.

[tenapen] 02/12/2011 19:46

Hi John,
Another solid day of buying and a price rise to match.

I was happy with my holding at this level but if there was a dip in the share price i was going to add. When i saw the two large buys yesterday i scrambled to sell something to buy more. Glad i did.

Have a good weekend, All.

[jonwig] 01/12/2011 11:34

It looks like it took investors two days to read through the report before deciding to buy in!

The balance sheet is a bit stretched and depends on a fast lick in growth to continue. I don't see a problem at the moment, especially as they took action with a rights issue at the time of the AIM float.

[tenapen] 01/12/2011 09:24

2 big buys and a few smaller buys and my very small buy just gone through.

Regards

[tenapen] 30/11/2011 20:22

John, This is a very informative African focused Web Site.



Robust earnings shown by Zambian Zambeef plc
For investors // 29.11.2011

Zambeef has been on investors' radar for some time. The company operates in Zambia (a country that is growing strongly economically) and has recently moved to West Africa. It's agricultural assets are vast and the company recently listed on AIM in London as part of a capital raising exercise. They will shortly hold an investor [...]

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[tenapen] 28/11/2011 18:21

Thanks For posting John,

Zambeef is miles ahead of ALL my other investment in regard of keeping investors fully informed. Their Web-Site is also years ahead of any of the other British Web-Sites i visit.

10/10 Zambeef



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Zambeef looking strong Update

28 November 2011

Maiden results from African agribusiness illustrate the potential

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November 22, 2011 11:39 pm
Zambeef: Meat business is bullish about changing tastes

By Christopher Thompson

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The vast majority of Nigerians buy their meat from such open-air markets. But Zambeef, a London-quoted agriculture company with headquarters in Zambia, hopes to change that by becoming the country's first chain of over-the-counter butchers.

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[jonwig] 28/11/2011 15:31

Agricultural concern Zambeef Products (ZAM) has reported a surge in pre-tax profits thanks to a buoyant Zambian market.

The AIM-quoted concern, which joined the junior market this June in an IPO that raised £33.7 million at 38.06p a year in a dual listing on AIM and the Lusaka Stock Exchange, declared pre-tax profits of $10.6 million (2010: $3.3 million) on sales of $206.8 million for the year to September. Gross margins rose from 31.4 per cent to 34.1 per cent while earnigns per share of 5.1 cents (2010: 2.62 cents) were announced.

In an interview with Growth Company Investor Irish chief executive officer and co-founder Francis Grogan enthused that he 'Didn't think there was a better country in the world' than Zambia, insisting that with a buoyant economy and a recent 'peaceful transition of power' (President Michael Sata took power this year after winning an election against incumbent Rupiah Banda) there was 'nowhere we would rather be'. Finance director Sushmit Maitra added to the enthusiasm, arguing that a 'rapidly growing middle class' in the country will help fuel demand for its beef, pork and chicken products.

Regarding progress in Nigeria the company noted its partner Shoprite wanted to open 'six new stores between Nigeria and Ghana' in the coming year adding that it has acquired agricultural land to the north of the Nigerian capital of Lagos.

Analysts at Religare are forecasting pre-tax profits of $20.9 million (EPS: 8 cents) on sales of $228 million for the year to September 2012.

Last recommended by Growth Company Investor this October at 44.5p the shares currently trade at 52p. A company with diverse interests ranging from beef to edible oils to a tannery, in addition to an expansive retail operation, its range of businesses represent a considerable strength in a sector that often disappoints investors unused to the tumultous effects on profits of factors such as turbulent weather.

Its key test remains its ability to expand from its position as a national heavyweight in Zambia to growing in regional superpower Nigeria. We retain our long-term buy rating.

[tenapen] 28/11/2011 13:40

And a Dividend too :-)

[jonwig] 28/11/2011 07:40

Quite detailed results, including the full annual report - will need to have a closer look.

Impressive growth rate, but quite a high rating, with EV/EBITDA of around 10x. On a PER basis, 15x looks pretty full, too.

Fans of the PEG ratio will notice the 95% annual growth in eps!

[tenapen] 25/11/2011 16:14

Sharecast is showing ZAM releasing their Final results on Monday.

A big 70k share buy this AM so i topped up with a more modest buy of £250

Good weekend All.




Vassillious said that Zambia's agricultural sector has a lot of prospects in the a variety of crops Yves Saint Laurent, animal and beef production. According to Zambia News and Information Service (ZANIS) moncler pas cher, the official said this after touring the Zambeef Master Pork plant in Lusaka. Vassilious said Zambia has potential which can be developed in a big economy sac louis vuitton prix, noting that the EU supports the animal disease-freezone for Zambia and adding that it was for this reason that the union has put aside 2 million euro (2.6 million U.S. dollars) to support this specific project in Zambia. The commissioner said the zone will help improve beef production and ensure the food security of the country.

[tenapen] 17/11/2011 06:33

:-)

I like 'slow and steady Ups & Down' ;-)

regards.

[jonwig] 16/11/2011 20:08

"Calm down" ... better to calm up! It would be nice, though, to be able to add a few cheaply after the results, provided they satisfy.

[tenapen] 16/11/2011 18:47

Thanks for the link John,

This share price moves around way too much for my liking. Hopefully it calm down over time.

Regards.

[jonwig] 15/11/2011 18:48

Recommended by Proactive Investors today:

[tenapen] 13/11/2011 20:16

O/T again sorry.



THE Labour movement, the donor community and the opposition have welcomed the first Patriotic Front (PF) Government national budget of K27.6 trillion describing it as pro-poor.

Cont...


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Also,

[jonwig] 07/11/2011 08:49

FY REsults 28 Nov. They've already confirmed "in-line" so I wonder what the excitement is all about.

A short FT video is worth watching if you can access it:

Graham Stock, chief strategist at Insparo Asset Management, explains why he believes in a pan-African approach. To start with, risk is better priced in Africa than in developed markets and underlying fundamentals are stronger. But investors wanting to isolate the frontier story should limit their exposure to South Africa, he says, because it tends to be more correlated with broader emerging markets. They should also beware the trend for Africa daily liquidity funds, he says.