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This is why I believe 6p is incoming!
Aimho, duor.
Funding is expected to come from cashflow
generated from operations, subject to future financial performance over the investment period, together with new debt facilities to be agreed in due course.
davey50
Posted in: NNN
Posts: 257
Price: 0.45
No Opinion
Can you05 Jul 2022 09:03
Short this with anybody, reminds me of vast above 2p and insp at 0.8p+,free money if you can get a short with somebody
I think these should be talking to NNN maybe they could help in the crop division and speed things up with there nano technology, only a thought?
At last as predicted now seems to be swinging my way a little bit of bad news next week and I'm in.
Well for you tomorrow it will be up then because they did another uncrossing but this time at 9p so when it opens 9-9.5p assuming no changes it will appear blue and up 0.25p but in reality it will be unchanged
Well it looks to me like it's down but then I don't have rose tinted glasses.
Nice try but the price is unchanged actually. There was a uncrossing trade on Friday at full offer 9.5p so when the price this morning opened at 9-9.5p which it closed on Friday it shows as down 2.6% when it's really unchanged.
I've just had a 100%+ winner today CSFS so the profits may well be flowing here again but I will watch and see what it does first. I did buy another 125k last week at prices 9.45-9.7p range
Wow one trade today and down almost 3% says it all really. In coming not so good news in the next couple of weeks imoho
Spot on davey50. Crazy low price for a company in expansion mode even as they load up on debt. As long as int rates don't get out of control and inflation starts coming down Zam will
prosper. For such a well managed business a terrific opportunity to add at this BOGOF deal.
Nofookinfear will disagree but I see a lot more upside than downside heading into H2. Unfortunately I'm unable to add atm as I'm hamstrung in a non performing Gold counter which would cause me serious pain we're I to bale out.
Should be heading to 60p not 6p. What is incredible is the house broker called those interim results "mixed"...so you make £7 mil profits, generate a load of cash, hammer down debt and have a piddly market cap in the £20-25 mil range and they call them mixed which means they think they can be even better. I cannot believe people are deramping it like it's expensive. There is no other stock out there as cheap or I have not seen it
Nofookinfear if you sincerely believe Zam is headed to 6 I hope you are shorting the hell out of this. If your right you will make a lot of money.
Have some recent 'chunky' sells given you hope Zam is headed that way? The direction of travel says different. Your a braver man than me but have you put your money where your mouth is?
I will be very surprised if you are still here when it goes back to 6p as you were not around when it was 6p with an rns that had telegraphed that excellent results were anticipated.
I don't think there's anything wrong with having an honest opinion! If that's deramping in your mind then fair enough. 6p and I think this is a 50/50 punt.
I love it, hundreds of loss making overvalued underperforming rubbish out there and this stock has derampers. 7 mil profits in the bag already for interims, huge cash generation which smashed down debt in the same period, positive outlook at expansion plans all for just over £20 mil market cap...you could buy ITX instead for the same market cap, losing millions
Haha good luck with that
As I predicted yesterday no rise today, tomorrow it will fall back I'm still holding for 5.5 or 6p then it's worth a punt imoho.
He's just deramping my stocks because I warned people not to get impaled buying NNN at 0.6p+..now 0.45p bid
Crazy at the NNN high it was worth only about 8 mil less than this, has zero sales and loses millions and people pile in and here in ZAM we could make 12-15 million profits in a year next to a market cap of £20-25 mil and it's very quiet, small pi's just hate buying into stocks that make profits
Why would this drop back to 6p when shareholders should this year effectively earn that by simply holding and getting their share of the annual earnings?
What happened to the proposed divi payments? They were mentioned when the 2 long term directors were considering retirement. Understand that we are investing in expansion when the unique Ukraine situation is looking to boost all grain suppliers this year. We should soon also have substantial oil producing crop as an alternate to Ukrainian sunflower oil.
I can list the other 21 stocks I hold if you want so you can deramp them, total waste of time but knock yourself out ?
I will wait until this drops back to around the 6p mark before I decide to buy or not, shouldn't be very long now imoho.
To be fair to Bego I guess they were working that 1 mil sale, so somebody bought 250k and 150k yesterday and that along with other buys this week has cleared a 1 million sell order.
There's a mm in this BEGO who is all over the place, they are on the offer yesterday at 9.25p, they open up higher today on 9.25p bid, go to 9.5p bid then switch back to 9.75p offer, they seem quite determined to try and not let this go, but they seem to be pushing rubbish elsewhere to the moon, 10p resistance here and if that gets broken I think with these amazing fundamentals this should push on to 15-20p. People piling into NNN £10-13 mil cap, no sales heavy losses and here is Zam at double that valuation going to make up to £15 mil profits in a year if the first half is repeated...nuts
It would be criminal not to get those great farms in Zimbabwe working again to feed the world while the Ukraine crisis is on. These guys could be the perfect vehicle to make it happen
I echo what you say. I was the only buyer for 300k in early june. It’s hard to get any — you have to go in 1p higher than market — but it’s cheap and I like this one. It’ll be a lot higher in coming years.
Well it's slowly inching up, breaking through 9p today. Close to 52 week high.