ShareProphets : tidm

Cambrian Africa another AIM disaster spunks more than $73milion of investor cash and is off: a David Lenigas minus 99% special

Listed in 2009 by David Lenigas as Lonzim, a company seeking investments principally in Zimbabwe what could possibly have gone wrong at Cambria Africa (CAM)? The great promoter raised £29 million back then at 100p a pop. As at the end of February 2023 retained losses were $73million. The number is almost certainly worse now but we will never know as the company has been unable to publish its FY 2023 accounts or interims for this year so its shares are suspended and it is now planning to leave the AIM sewer altogether. The only silver lining...

By Tom Winnifrith, the Sheriff of AIM | Published 2024-08-27 12:28:29 |

Recent Comments

NAHUMDOLLAR8 Nov 2026

9, thanks for the quiz!

The ShareProphets Sunday Pub Quiz #371

DAVID FRASER8 Nov 2026

It seems a bit mad that Georgina has tripled this year yet Amaroq has gone practically nowhere since January and it’s a proper company producing useful bars of precious metals.

ShareProphets readers tips for 2026 prize competition – (just after) end-October update

Charles8 Nov 2026

The ShareProphets Sunday Pub Quiz #371

Sohail8 Nov 2026

Not sure the distinction between private and public ownership makes much difference.The uk is certainly not producing top quality Management in either the public or the private sector.However without actually living in another country not sure how we are comparing.The mid terms in my view did not reject Trump.When latinos who had voted for him in droves suddenly found they were being deported in droves found they were being deported in droves decided it was not a good idea to vote republican.The same was true for voters hit in the pocket.

Tom Winnifrith Bearcast: another crash underway, UK house prices especially those of flats

Sohail8 Nov 2026

Why are mobile homes unsellable

Tom Winnifrith Bearcast: another crash underway, UK house prices especially those of flats

BEARISHBULL8 Nov 2026

There's still activity at the chunk end - house up our street sold in 2 weeks, went to sealed bids over £1.75m, needed gutting. Another (large) 4 bed semi went to a bidding war at £1.5m.

Tom Winnifrith Bearcast: another crash underway, UK house prices especially those of flats

BLENHEIM8 Nov 2026

I note that new housing developments around Oxford have stalled and are being mothballed.The Barton estate is an example. There are partly built blocks there, complete with scaffolding, now fenced off.I’d speculate that they won’t be completed for a few years.

Tom Winnifrith Bearcast: another crash underway, UK house prices especially those of flats

WELL INFORMED8 Nov 2026

That's nonsense Mayfairman - the basic tenent of economics is the supply of money chasing the same, or fewer goods. Pretty obvious to anyone really. You see something in the shop for £100 but everyone can afford £200 for it - ergo the price will go up. Inflation is purely too much money chasing too few goods.So, Tom is 100% correct.

Tom Winnifrith Bearcast: on inflation, on Barry Downes and on being a mega bear

Sohail8 Nov 2026

Well institutions dont seem to have got the message !They have hardly any investment in the sector.

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