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Lonrho Afrika moving towards Profit (LAF)     

ainsoph - 19 Mar 2003 12:43

results today .... always interesting and worth a read if you have the time ... these are not for the faint hearted as a lot of interesting peeps have substantial stakes and the company consisted of hundreds of tiny non-related companies spread across Southern Afrika. Many have been sold - closed or have been given away to their management .... however a lot has now already happened and although much smaller we are now looking towards profits.

The shares have moved up over 50% since the start of 2003 and I think there is more to come



ains

PapalPower - 10 May 2007 15:09 - 28 of 41

Moving well today, with some strong buying

PapalPower - 10 May 2007 16:14 - 29 of 41

25K MM buy.

L2 now all blue, 2 v 1 @33/33.5

Guscavalier - 10 May 2007 19:25 - 30 of 41

PapalPower- encouraging mention in S.African press highlighting developments to date. Up to now we have not seen a great deal in U.K. media. If, as hoped, the Company executes larger deals I am sure the following will spread. Yes, good solid interest in the shares today. Subject to the size of the next deal, I would not be surprised if LAF raises further funds from shareholders.

PapalPower - 11 May 2007 15:29 - 31 of 41

Some more nice buying and a tick up today as well. Perhaps there is news on the horizon ?

PapalPower - 11 May 2007 15:44 - 32 of 41

More MM buys and more ticks up, looks like stake building is going on.

Guscavalier - 11 May 2007 15:47 - 33 of 41

Yes, or dare I say, a possible mention in the weekend press, given the consistant support.

PapalPower - 12 May 2007 02:29 - 34 of 41

Lonrho Africa PLC
11 May 2007


Lonrho Plc
("Lonrho" or "the Company")

Name change from Lonrho Africa Plc

Following approval from shareholders at the Company's AGM, Lonrho Africa Plc has changed its name to Lonrho Plc effective from 10 May 2007.
David Lenigas, Lonrho's Executive Chairman and Chief Executive, commented:
"The change back to the original Lonrho name is consistent with our
determination to build on the strong reputation and recognition that the Lonrho brand enjoys in Africa.
The Company has already demonstrated its ability to execute value adding deals in its targeted business sectors and we believe our potential deal flow will increase through the resonance of the Lonrho brand."

11 May 2007

Guscavalier - 12 May 2007 07:10 - 35 of 41

Lonrho Africa PLC
11 May 2007

Lonrho Plc

('Lonrho' or 'the Company')



Holding in Company



Lonrho was notified on 10 May 2007, that L-R Global Partners, L.P. and L-R
Global Fund Ltd have a combined interest in 12,876,000 ordinary shares of 1
pence each in the share capital of the Company, representing an increase to
approximately 5.74% per cent of the issued ordinary share capital of the
Company.



11 May 2007


Guscavalier comment - L-R are US based Global Hedge Fund and investment manager which came into being in 1997.

PapalPower - 12 May 2007 08:36 - 36 of 41

Definitely some stake building going on, and you cannot blame them as Lonrho offers an excellent way of getting in on the growth in Africa.

PapalPower - 14 May 2007 07:07 - 37 of 41

Lonrho Africa PLC 14 May 2007

LONRHO PLC
('Lonrho' or the 'Company')

SIGNS JOINT VENTURE WITH COUNTERMINE TO EXPLORE LANDMINE CLEARANCE OPPORTUNIITES IN SUB-SAHARAN AFRICA


Lonrho plc ('Lonrho') (AIM: LAF) and Countermine plc, ('Countermine') are
pleased to announce a Joint Venture agreement ('Joint Venture') to jointly
develop opportunities for landmine clearance in sub-Saharan Africa, allowing
previously unusable areas of land in the region to be rehabilitated for
productive purposes. Under the terms of the Joint Venture, Lonrho will offer
funding and its extensive African business network to build the African arm of
Countermine's landmine clearance business.

Countermine and Lonrho, using the ORACLE system, will provide mine clearing
services that are more effective yet less expensive than currently available
methods. Lonrho is committed to providing services and products that support the development of African infrastructure, helping to re-invigorate local
communities. Lonrho views the strategic partnership with Countermine as a
significant development in the implementation of its strategy.

ORACLE MINE CLEARENCE

Countermine produces the ORACLE mine clearance machine. At the forefront of
mine clearance technology ORACLE is the fastest and most cost effective system
available for landmine clearance. Only the ORACLE can move forward at an
efficient rate and cost, while tilling the land to a depth of at least 50cm
preparing it for agricultural use. The ORACLE technology is tried and tested,
having been contracted to the Croatian Government (CROMAC) since 2000,
performing beyond expectations in clearing active minefields.

The ORACLE mine-clearing system is the safest land mine clearance method
currently available and is approximately 100 times faster and more effective
than manual clearing techniques. The Spitfire tool within the machine hits the
mines at such a high speed that it destroys the mines before detonation. The
physical destruction from the mine clearance neutralizes mines and disperses the explosives into the soil meaning that the land is immediately ready for
agricultural or other development.

Antipersonnel mines pose a massive threat to safety in all corners of the globe, claiming new victims every day, with between 15,000 and 20,000 new casualties caused by landmines and unexploded ordnance every year.

Countermine and Lonrho will jointly evaluate potential opportunities. Based on
the successful model already used in Croatia, a local company will be
established in each country to oversee the management and operation of the
projects. The majority of the personnel will be recruited and trained locally in each country, supporting local job creation as well as utilising the intimate local knowledge of the areas that are targeted.

LANDMINES IN AFRICA

The presence of landmines has rendered huge expanses of land in sub-Saharan
Africa unusable. It is estimated that in Angola alone there are approximately
2,900 suspected landmine areas covering a total area of some 1,300 to 1,400
square kilometres. The presence of two or three landmines or even the suspicion
of their presence can result in a large patch of land being avoided and left
derelict. (Source: International Campaign to Ban Landmines: www.icbl.org and
Landmine Monitor Report 2006 www.icbl.org/lm/2006/ ).

David Lenigas, Chairman and CEO of Lonrho commented:

'We are very excited about the Joint Venture with Countermine and we see the
partnership adding value to Lonrho's growth strategy. By rehabilitating large
areas of valuable land we will make a significant difference to African
communities that have suffered terribly as a result of landmines. Countermine
brings with them a strong and experienced management team with all the required
skills and knowledge combined with the best technology available to make this
partnership work.'

Air Marshal Sir John Walker, Vice Chairman of Countermine commented:

'The very large areas around the world contaminated by landmines can only be
cleared in meaningful timescales by heavy mine clearance machinery. Manual
methods are too slow and result in heavy casualties amongst the de-miners. It
is satisfying that ORACLE can play its part in this worthwhile humanitarian
task.'

Lars Nylin, CEO of Countermine commented:

'We are delighted to enter into this partnership with Lonrho aimed at creating a safer environment in Africa. The Lonrho management team brings with them
considerable experience across a variety of industries and their experience and
local knowledge will be a key element in the success of our foray into
sub-Saharan Africa. We believe that this partnership will greatly strengthen the business in line with our strategy going forward.'

PapalPower - 14 May 2007 09:45 - 38 of 41

EU funding would not go amiss of course......


http://allafrica.com/stories/200704190230.html


Africa: AU And EU to Clear Continent of Landmines
BuaNews (Tshwane)

19 April 2007
Posted to the web 19 April 2007

Addis Ababa

The European Union Commission (EC) and the African Union Commission (AUC) are to co-operate to make Africa a landmine-free zone through de-mining and disarmament schemes.
This came at the opening here Wednesday of a three-day seminar entitled "Towards a Common Agenda for De-mining and Disarmament", organised jointly by the two commissions in connection with the 10th anniversary of the Mine-Ban Treaty.
In an address made on behalf of Commissioner Said Djinnit, AUC Director of Peace and Security Geofrey Mugumya said Africa is the continent worst affected by landmines.
According to him, the New Partnership for Africa's Development (NEPAD) recognises the eradication of landmines as a necessary condition for sustainable growth and development.
This is since the problem of landmines is likened not only to matters of security but also to development.
Africa has highly developed and clearly articulated policies in the area of landmines and small arms, but, as in many other areas, the challenge is implementing these policies, he said.
The AU is in the process of developing terms of reference for the appointment of a special envoy for disarmament, to promote a comprehensive disarmament agenda in the continent.
The EC Head of Delegation, Ambassador Timothy Clarke, said the EC and member states had already developed a formidable set of policies and programme to support the African Union in this area.
He said the EC and United Nations Development Programme (UNDP) had already signed an eight million Euro contract agreement to clear a large area of land from mines in Ethiopia's Tigray and Afar States.
The EU-Ethiopian Mine Action programme has 400 000 people as target beneficiaries.
The seminar will strengthen co-operation between the two continents on security issues and to respond to the threats posed by landmines and explosive remnants of war.
Its objective is to create co-ordination among stakeholders in their efforts of poverty reduction, democratic governance, peace-building and human security.
Some 250 participants from African countries, the two commissions, embassies, and United Nations agencies, renowned personalities as well as representatives from regional, continental and international organisations are taking part in the seminar. - BuaNews-NNN

Guscavalier - 14 May 2007 10:18 - 39 of 41

Market taken a shine to Landmines deal with sp 34.25p. Will be plenty of demand for the Oracle system and the fact that EU getting involved with finance is all to the good. Must all be good PR for Lonhro and I should imagine they will benefit in some way from land value uplift in respect of land that is cleared. However, not clear on this aspect of things. However, all very interesting and am sure we will hear more on this in press and magazines.

PapalPower - 14 May 2007 10:23 - 40 of 41

Yep. Gives them some "stars" on the "ethical portfolio candidate" as well.

PapalPower - 17 May 2007 05:03 - 41 of 41

Gus, I have put a new thread up now, as the name is changed to Lonrho and the epic is changed from LAF to LONR


http://www.moneyam.com/InvestorsRoom/posts.php?tid=11555




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