Member Info for Bobat123

This share moves really fast.

Possible RTO?

Excellent news.

Payserv Africa, a FinTech company with $7.57 million in revenues in FY 2018. Payserv's Paynet Zimbabwe subsidiary holds a dominant position in the country’s electronic payments market, facilitating about 40% of all payments in the country. Paynet has a proven track record of secure transactions with ubiquitous presence in all financial institutions and MNO’s. Paynet’s product is used by every government department and by over 5,000 of the largest private banking customers. Paynet serves over 2.5 million unique final beneficiaries in Zimbabwe. Payserv also cuts a wide swath in Zimbabwe’s payroll management and consumer loan processing markets. Payserv is ideally positioned to leverage its existing technology platforms to exploit opportunities which arise from FinTech disruptions. Payserv intends to introduce innovative payment technologies and distributed ledger security to increase its penetration in the consumer market which represents 97% of transaction volumes.

• Millchem Zimbabwe is a value-added chemicals distributor with $1.88 million in revenues for FY 2018. The company is currently focused on ethanol-based solvents due to the significant local availability of ethanol. Millchem achieved its first profit in more than four years following the successful implementation of Cambria’s turnaround program.

Cambria announces that further to its announcement of 12 June, Payserv Africa Limited and Paynet Zimbabwe (Pvt) Ltd have instructed their legal practitioners in Zimbabwe, Titan Law, to commence legal action against the Bankers Association of Zimbabwe (BAZ) and related parties for anti-competitive practices seeking damages of US $100 million. Payserv Africa and Paynet Zimbabwe are subsidiaries of Cambria.



Payserv Africa and Paynet Zimbabwe continue to engage individually with suspended banks on the Paynet platform as well as the Reserve Bank of Zimbabwe to find a solution to an impasse which has resulted in the suspension of services. Cambria believes this has exposed the banking sector to significant security and privacy risks. It understands banks are currently managing payments using manual spreadsheets sent by email and flash drives - much of this information is unencrypted or insufficiently encrypted.





The Company will update the market on material developments in due course.

This share moves really fast

Excellent RNs. Still share price going down. This is aim for you.

Cannot believe pi bought 340038 this morning and sold at a loss over £500. Patience required.

Buys coming in.

Update on Board Changes Further to the Company's announcement made on 1 April 2019 regarding the Company's proposed appointment of an additional non-executive Director, the Company announces that the individual concerned has been appointed as an independent consultant to the company to provide it with a view and assistance on a potential opportunity in the fintech sector. The Directors consider that the input to be provided by that individual would be better coming from him as an independent consultant rather than as a Director. No adverse matters arose following the due diligence in respect of the individual concerned. The Company will update shareholders in due course in relation to its progress to undertake a potential transaction in accordance with AIM Rule 15.

Another buy. People loading up

Very true. Few recent good RNs and the share price keep dropping.

Couple of buys coming in showing as sells. MMS playing games!

Good RNs.

Pi's selling out on the cheap. Big buy at the end of the day. This share moves very quickly.

Summary of Fiscal Half Year Results ended 28 February 2019:

-- Cambria's Profit after Tax (PAT) increased 50% to a record $1.66 million for the six months ended 28 February 2019 compared to the same period in 2018.

-- Earnings Per Share (EPS) of 0.27 US cents for the period remained on par with the same period last year despite a 54% increase in weighted average shares in issue to 544.6 million from 352.6 million at 28 February 2018.

-- Consolidated EBITDA increased 23% to a record $2.06 million from $1.67 million for the same period in 2018.

Good last Rns. Cannot believe people selling their shares on the cheap.

Good news and the share price keeps going down.

https://uk.investing.com/equities/anglo-african-agriculture-plc - Recommends Strong Buy

10000 seller once gone will see this rise.

I have read the RNS. Where is the bad news?