Wednesday, May 9, 2012

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LaFarge share price grows by 350% in 6 yrs

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Who is Lafarge?

Lafarge Cement Zambia Plc engages in the manufacture and sale of cement in Zambia. The company was formerly known as Chilanga Cement plc and changed its name to Lafarge Cement Zambia Plc in 2007. The company was founded in 1949 and is headquartered in Lusaka, Zambia. Lafarge Cement Zambia Plc is a subsidiary of Lafarge S.A.

Lafarge is to my knowlegde the only large scale producer of cement in zambia.Given the recent sovereign bond sale and the Zambia governments dedication to creating more infrastructure lafarge is set to be a major beneficiary of such investment.

Bloomberg business week wrote an article just Lafarge zambia
BLOOMBERG SNAPSHOT
I am guessing they had noticed what I just noticed.The Lafarge share price has grown by 350% form 2006 to 2012.
Take a look for yourself at the pdf file below.
LUSE FEBRUARY STOCK SUMMARY

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