Share Name Share Symbol Market Type Share ISIN Share Description
Aquatic Food LSE:AFG London Ordinary Share JE00BQQG1J93 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 12.50p 10.00p 15.00p 12.50p 12.50p 12.50p 0.00 05:00:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food Producers 10,229.1 1,900.0 13.1 0.9 14.15

Aquatic Food Share Discussion Threads

Showing 8426 to 8445 of 8450 messages
Chat Pages: 338  337  336  335  334  333  332  331  330  329  328  327  Older
DateSubjectAuthorDiscuss
22/3/2017
16:29
Same here regarding Po ling, I exchanged hundreds of mails backs in the WCC days, cant fault her. You raise the issues that concern me and stop many from investing here but it could be so different if the CEO was more proactive in engaging investors who will need to be constantly reassured because of the scams that have gone before them. WCC investor relations were great on AIM, it stood out.
celeritas
22/3/2017
11:08
No its a complete gamble on the integrity of the CEO.
celeritas
21/3/2017
22:38
So you wouldn't buy even though it's on a PE of 1 and it's literally drowning in cash. Me neither.
brwo349
21/3/2017
10:13
WCC was a great co while on Aim, its had problems since the HK listing due to over capacity of cement in China. Po Ling is a great addition here and I'm sure wont be part of any scam to her knowledge. Since the wcc and to a lesser extent phml days I haven't seen one decent Chinese company, all have been scams which tarnishes any that might be ok with the same brush. Would I buy this in its current form, NO would be the answer as I can see problems building and the company simply de-listing from aim.
celeritas
21/3/2017
08:47
They are not tips, I'm just pointing out they have been around a long time and do not look like scams like most of the other stocks.
tradermick1
21/3/2017
08:41
Trader - I'm exactly at break even on AFG. Average buy price of just under 10p. But it's v illiquid at the moment, so it would be difficult to exit. But the liquidity position may change over the next year or two. I will take a look at the stocks you mention.
galeforce1
21/3/2017
08:37
Cara - those scandals in 2015 involving Chinese companies on AIM were a disgrace. I completely agree there. They caused a lot of embarrassment to the Chinese authorities, which I'm sure are now being more vigilant. With AFG, as with WCC, it's important to see both the opportunity and the risk. Sure, there is clearly some risk in a pure-play Chinese domestic company. But there is also opportunity. Here is a large, profitable business with a good niche in a country rapidly getting richer. It can be bought on a p/e of 1. That's an opportunity. AFG reminds me very much at WCC when I first invested. WCC rose about 10x. I'm not expecting the same with AFG. But a 5x rise to a p/e of 5 is quite possible. AFG's appointment last year of LO Ping, a high-calibre CFO, was a big confirmation for me with this stock.
galeforce1
21/3/2017
08:26
galeforce It's a horrible situation to be in especially if you are stuck in a stock down a lot and very hard to sell but unfortunately it is a scam. They can be good for trading now and again but in the end they tend to vanish. Go and look at JQW that was a very popular stock that ended the same way or JSI which is heading the same. For me the only two I think are ok are Haik and Taih not that I'm saying they are worth buying but they do not look like scams (yet)
tradermick1
20/3/2017
22:04
galeforce1 I don't think you can be helped. This is such an obvious fraud.
brwo349
20/3/2017
21:18
Cara I was invested in WCC for several years (but now a few years back). It seemed a model of a well-run, investor-friendly company. And it was a very profitable investment. Initially it had the sort of absurd undervaluation you now see at AFG. I haven't followed it recently
galeforce1
20/3/2017
20:38
double post
caradog
20/3/2017
20:38
Not to mention "Investors had doubted (sic) about its accounting practices... "
caradog
20/3/2017
20:36
You mean this West China Cement? Hardly something to include on your CV: htTp://www.cemnet.com/News/story/160227/west-china-cement-s-merger-with-anhui-conch-collapses.html htTps://www.bloomberg.com/news/articles/2016-06-28/west-china-cement-plunges-by-record-as-363-million-wiped-out Note the line in the first report about "Analysts believe the deal collapsed because of a "business decision" given the firm's weak books."
caradog
20/3/2017
19:43
Brwo - there's nothing to suggest that these (preliminary, therefore still unaudited) accounts are false. The CFO is experienced and respected, from her days at PWC Kuala Lumpur and West China Cement. Your obsession about malpractice here seems to me irrational and obsessive. But we are all entitled to our opinions, however dotty they may be.
galeforce1
20/3/2017
17:58
disgraceful
brwo349
20/3/2017
17:55
I am in absolutely no doubt whatsoever the accounts are false. There is not even a tiny part of me that believes they are true. Not even a minute part. The share price is the clue and why no directors or major shareholders are buying at an unbelievably cheap price. If this is a legitimate business why was it listed on the London AIM market when 95% of the other Chinese businesses have been unmitigated disasters for shareholders. If you owned a great business like this is supposed to be the last thing you would do would list it on the AIM market. Po Ling may be an honest person. After all how can she personally verify all the financials? It is up to the auditors to do that. Remember all the other Chinese frauds had their accounts signed off by auditors. I'm sure it is not difficult to forge an invoice for example. I think there may be a very small real business here but nowhere near the size portrayed. Shame on the people involved with this. It's shameful. They must look on western investors as sheep to be sheared. Maybe they are right. Some deserve a good shearing but not all.
brwo349
20/3/2017
16:30
Celeritas Reasonable point. Must admit that I know very little about Li Xianzhi, the CEO and 45% shareholder here. It would helpful to know more about him and to meet him. Perhaps he will come to this year's AGM. He may be embarrassed about a lack of fluency in English.
galeforce1
20/3/2017
16:12
I was with WCC for a long time so can vouch for Po Ling, she's a good cfo who wouldn't want to risk her integrity and reputation so I'm not that concerned about the accounts. I am concerned by the CEO who does very little to promote his company and mark it out as different from the rest, he could easily de-list which is the main worry here.
celeritas
20/3/2017
14:09
brwo That shareprophets article reads like pure paranoia to me. The writer is determined to find a fraud at AFG, but he produces not even the smallest piece of evidence that there has been any. That's because there is no fraud. celeritas I agree the behaviour of many Chinese companies on AIM in 2015 was terrible. Hopefully the bad guys have now gone and those that remain (like AFG) are better supervised by the authorities.
galeforce1
20/3/2017
13:49
Po Ling Low is a well respected CFO who will add gravity to the accounts. However I cant say the same for the CEO, he could very easily just de-list from the UK as many have done in the past. Past Chinese companies have completely tarnished the sector, would anyone now take the chance with plenty of other co's to invest in, after all this is still about attracting investors. I also dont like talk of trouble moving money to the UK, major red flag. I'm sure not all Chinese co's are the same, trouble is now spotting the very rare good one.
celeritas
Chat Pages: 338  337  336  335  334  333  332  331  330  329  328  327  Older
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:35 V: D:20170324 14:10:18