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CENTRAL AFRICAN (CFM) (CFM)     

syd443s - 18 Mar 2005 15:40

Hi,

What are peoples opinions of this company seems to be doing well, big demand in China:

http://news.bbc.co.uk/1/hi/world/africa/default.stm

Anyone holding this share?

Cheers

cynic - 13 Aug 2009 13:46 - 91 of 146

a non-event rns today, but suddenly both sp and volume have come back to life pretty substantially ..... no more than an observation at this juncture

cynic - 13 Aug 2009 16:43 - 92 of 146

only 34m traded today, and though sp is nicely up, buys do not hugely outnumber sells

cynic - 20 Aug 2009 16:22 - 93 of 146

is this "sympathetic pregnancy" syndrome?
alongside GKP, CFM has suddenly picked up a head of steam again with heavy volume too

required field - 20 Aug 2009 16:42 - 94 of 146

Not in this one but there are so many that have awoken from slumberland.....just can't cover them all.

cynic - 20 Aug 2009 16:49 - 95 of 146

24m traded with closing price showing as 17.75/18.0

required field - 21 Aug 2009 12:37 - 96 of 146

Decided to join you.....but not sure about it...trend is to rise with a takeover bid possibly....bit of a gamble for me...hope you lot are right about this one.

cynic - 21 Aug 2009 13:32 - 97 of 146

but i am in at 15 having already banked some profit on lower priced holdings - first in, first out principle

required field - 21 Aug 2009 13:42 - 98 of 146

A rise to the mid twenties would suit me...

Balerboy - 21 Aug 2009 17:12 - 99 of 146

Still holding some from 6p.... 20 something would do me as well.. :))

cynic - 24 Aug 2009 12:14 - 100 of 146

volume already 14.5m against daily average of 9m ...... at current value, am now quite obese (though not morbidly so) for the size of company, but am paralysed by greed!

halifax - 04 Sep 2009 09:42 - 101 of 146

cynic are you still in this one,no news of bid yet but picking up a little today?

cynic - 04 Sep 2009 10:24 - 102 of 146

indeed i am ..... in fact, i am really quite significantly o'weight for such a dodgy little company, though was even more heavily in here until i took some profit a couple of weeks back

halifax - 09 Sep 2009 08:08 - 103 of 146

solid buying at the open is the bid announcement coming?

halifax - 09 Sep 2009 09:05 - 104 of 146

good momentum as buying increases bid news imminent?

required field - 09 Sep 2009 09:46 - 105 of 146

2 months since possible bid offer.....if no offer emerges : back to 15p or less...not sure about this...

kosyboy - 09 Sep 2009 09:47 - 106 of 146

how high do you think it wikk go??????

required field - 09 Sep 2009 10:24 - 107 of 146

I don't know, ...chickened out at a nice little profit...might or might not be the best thing to do...but I would be fed up if no bid came and back to 15p for months on end again...so good luck to all holders..if it comes right : great...I'll be pleased for all.

halifax - 09 Sep 2009 12:57 - 108 of 146

steady buying continues 20p bid 20.25 offer.

Toya - 09 Sep 2009 20:14 - 109 of 146

Read this in today's Times:

Camec buoyed by bid talk
"Are the stumps about to be pulled up at Central African Mining & Exploration (Camec), the miner run by Phil Edmonds, the former England spin bowler?

Shares in the group gained p to 18p amid renewed speculation that ENRC, the Kazakh miner, was on the verge of launching a bid.

It is believed that ENRC had been due to discuss a deal at its last board meeting but that the discussion was postponed because of management changes within the Kazakh group.

Industry insiders suggest a bid could be made at about 26p per share and note that any ENRC approach would be likely to lead the Chinese, who currently take a large proportion of Camecs cobalt production, to launch a counterbid.

Camec confirmed in July that it had received bid approaches. Vale, the Brazilian group, is also thought to be interested in making an offer."

Could be hotting up... and hence the steady buying.

Toya - 14 Sep 2009 08:14 - 110 of 146

Lots of buyers about first thing here today.
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