Member Info for ogm4

You can't keep a 2Billion+ prospect with the right financing conditions much longer at a tiny 20Million market cap, it will give over time one way or the other...

This will break out in the afternoon, mark my words

https://www.nytimes.com/2018/08/21/business/energy-environment/oil-sands-utah.html

https://mobile.twitter.com/DavidBurton1971/status/1063108069180301312

A 250,000 buy coming in

Another buy just popped in... heavily undervalued imo

CEO in London this week, curious about what's to come

I guess bottoming out today really

They nearly held 3 Million USD in cash in July I noticed and did an acquisition thereafter. Also good to see the positive debt reduction efforts and recent reorganization which "should save the company about $400,000 annually in cost-to-company compensation." Plus more near term acquisitions on the way possibly.

Good point Camkite. But surely they have reached a turning point now then with 2+ Million annual profit opposed to small loss last year.

Without the once off costs you're looking at a even higher sp of 5-8 p.

https://www.thebalance.com/normal-pe-ratio-stocks-2388545

Earnings Per Share ("EPS") increased to 0.52 US cents, an increase of 0.64 cents from a loss of 0.12 cents per share in FY 2017. Excluding Once-Off Legal and Reorganisation Costs, EPS increased 88% to 0.68 cents from 0.36 cents in FY 2017. Average valuation of 10-15 × sp would be 5.2-7.8 US cents per share or in pounds worth 4-6 p, against only 1.3 p currently. The company has no net debts, 1 Million in cash and is making 2 Million profit per year. Undervalued really.

2 Million USD annual profit
1 Million USD cash in hand

Market Cap only 6-7 Million GBP
Considering a p/e ratio of minimum 10-15 this eventually will go a lot higher, company is in profit for all sake !!

Do the maths !....

bit of action on a Friday afternoon

http://www.morningstar.co.uk/uk/news/AN_1541687424003656300/cambria-africa-shares-more-than-double-as-reports-record-earnings.aspx

Meet the CEO
Cambria's CEO, Samir Shasha will be available in London from 16 November to 22 November 2018 to hold informal meetings with shareholders and potential investors. He invites interested parties to call him directly on his mobile +44-7813-919988 or +44-207-669-0115 to arrange a mutually convenient meetings.

Any guesses to what the acquisitions could be ?

"Cambria's cash resources outside of Zimbabwe stand at US $1.1 million. The Company is actively considering a number of acquisitions." Company has cash in hand as can be read from the RNS. Plus FY 2018 profit 2 MM USD against a market cap of only £6-7 MM. I expect a re-rate over the coming days and weeks to higher levels really.

1.54p now climbing