Member Info for Babbler2

rising again... the only reason this is cheap is ZIM imo... but they have address that and have a "glass half full" attitude to it... and can see why!

These charts demonstrate that despite an extraordinary turnaround in earnings to record levels, the share price has not recovered. The Company has taken a number of steps to improve liquidity and reduce unnecessary uncertainty:


- Fear of delisting - During the Open Offer, I committed that VAL which holds a majority stake in Cambria, would not support delisting.

- Misclassification - As a result of the misclassification of Cambria as a "closed end fund" many potential and current shareholders were precluded by their brokerage firms from trading in Cambria shares. We have taken active steps to correct this information and we believe the matter has been rectified.

- Liquidity and spread - To help reduce the large bid/ask spread and volatility in the share price, in December 2018 we appointed SVS Securities as joint brokers.

- Free float - We hope a recovery in the share price will allow VAL to be diluted, increasing the share's free float and liquidity.

Cambria's central costs decreased by 85% to $185,000 from $1.27 million in FY 2017

Group interest costs fell 32% to $252,000 after the partial conversion and partial repayment of VAL loans. Consolidated debt decreased to $619,000 from $3.33 million at the end of FY 2017, of which $205,000 is domiciled in Zimbabwe.

Operating cash flows... up 987%?

The Company achieved audited earnings per share of 0.57 US cents (0.44 p)before once-off reorganization costs, an increase of 159%.

yup

Cambria achieves record FY 2018 EPS of 0.50 US cents

its all over the place as low ff... but with that improvement... imo... should be back to last months 2p levels... once they cotton on.

I have taken some... in the CMB for a trade... at 1.28. Couldn't get any on the drop...

will do... imo will see at least 1.8 today... drop was overdone and panic driven... which seems exaggerated now right?

yes...mine ;)

Taken some... finally could buy.

been trying to buy... no dice... should close over 2p there imo based on those results!

I posted it AGES ago - before your movement post ;)

Wassatt - they are my best performer from my 2019 tips page ;) - Tipped at 0.5p... at least a triple bag for some in a month ;) Should have put it all in there... hey ho.

CMB - Impressive headline results? Whats the catch? Africa?

Cheers.

where? A?

Taken most off for now again and riding free! (yes probably say I should have held again soon! ;)

Lovely... can finally buy at ... .1.8p! :P

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