Share Name Share Symbol Market Type Share ISIN Share Description
AfriAg Global PLC NEX:AFRI NEX Ordinary Share IM00BJ0LRD77
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 0.00 -
Bid Price Offer Price High Price Low Price Open Price
Last Trade Time Trade Type Trade Size Trade Price Currency
- 0 GBX
AfriAg plc (the "Company") is an investment company focussed on the acquisition of direct and indirect interests in projects in the agriculture and logistics sectors.

At present the Company holds a 40% interest in African agri-logistics group AfriAg SA (Pty) Ltd ("AfriAg SA").

AfriAg SA export a range of perishable goods from farming and fishing operations in southern Africa to Europe and Asia through Johannesburg and Cape Town international airports.

In addition AfriAg SA holds a 2 year renewable contract to transport fresh produce farmed in Mozambique, to countries such as RSA, UK, Holland, and potential future markets including the UAE.AfriAg Marketing (Pty) Ltd was set up in August 2014, as a 100%-owned subsidiary of AfriAg plc, to focus on the export and import of perishable food products.

The Company currently has a focus on opportunities in Africa, Europe and the Middle East but considers possible opportunities globally.

Visit the AFRIAG PLC website

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Date Time Title Posts
07/9/202009:05Apollon transaction 10
22/10/201811:15AFRIAG - From Tiny Acorns Big Oak Trees Grow990
16/6/201512:53AFRIAG 2013 - the new Lonrho?894
28/5/201518:39Initial resistance at 0.72p 200 day moving average level1

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AfriAg Global (AFRI) Top Chat Posts

pr100: Well, I seem to be talking to you at least, sammy. You obviously don't know much about Afriag or Lenigas. The former is skint and wouldn't be able to list anywhere; and the latter is rich (because his shareholders have been asset-stripped) and knows full well that he is again talking hot air in another attempt to ramp up Afriag's pathetic share price so that he can raise another handful of shekels. Even when Afriag wasn't smoking weed, they couldn't get off the NEX lobster pot so the chances that they can list elsewhere now are somewhere between slim and none - with slim having left town long ago. But if you really do know Apollon, you're very welcome. Maybe you could link me to some photographs of the redeveloped Negril Doc's Place? It's about to re-open right? Even though it's impossible to book. And maybe you know how much of Apollon Formularies Jamaica Ltd (AFJL)is actually owned by the Apollon Formularies Ltd (AFL), the one-man UK shell owned and operated by Aussie, Rod McIllree? The Afriag RNS's aren't clear. And why have there been no local news reports of this big redevelopment of the former failed weed bar and restaurant? Do you know the name of the firm which carried out the work? Did Apollon issue any news reports/updates about progress on site? Do their accounts show this capital expenditure? Did the 51% owner also contribute? Who is the 51% owner? To me, this has got scam written all over it; but if you know different please post some evidence and I will be glad to change my view. As for Doc's Place, it's presumably a franchise. So in the unlikely event that Apollon were to exercise their alleged right to buy it, they would only be buying the franchise right? Would that come with ongoing liabilities to the franchise owner in the US? But you're right: I have zero faith in Lenigas. His public companies never make a profit so shareholders never get any return for the long term pain they suffer from constant dilution. Even his own brother accuses him of being a money-laundering scammer intent only on enriching himself: Nice to meet you though.
joosepi: Could possibly get it right this time. The share price of quoted companies in the market place of cannabis for medical purpose are doing extremely well.
under the radar: This is my post from PLMO (where Hamish Harris is CEO). What are your thoughts ? Our CEO got his options (50m at 0.045p)and hasnt sold them . He then bought 44m shares in the last placing , so it's obvious that he thinks that the share price will be higher at some point in the future . What are the rules regarding a RTO , do you need a certain amount of directors on the bod ? , if that's the case , then it would explain why Danial and Nick joined . Mr Burton and Mr Mason bought 100m shares each and haven't sold a single share , so obviously they also think that the share price will increase at some point . Aim doesn't want any more investment companies on Aim , especially with a mkt cap below £5m - £6m. How will Hamish create shareholder value with 5.1b shares in issue ?. The only way is to get a stake in a private company / and to do a RTO. A share consolidation doesn't always mean bad news . It all depends on the asset / number of shares and market cap . This would be my preferred route and maybe that's why we didn't lend OY the money and why GUN done it instead . We now have about £1.1m in cash that's just waiting for the right investment to happen . Donald and Leni sold some of their Dor shares a few days before Polemos announced a placing . These guys are mates and are on the bod at various different companies (all interlinked between them). Knowing this I'm pretty sure that they took part in our placing . The latest news with AfriAg and LGC (both Leni Gas companies) makes me think that we will get a nice stake in House of Henp or that a reverse takeover will happen . Both of those companies have commited to pay $4.9m within 6 months (to start cannabis production). You only have to see what happened with all the Weald companies to see what will happen . It's what these guys do and our £1m cash will go a long way towards the $4.9m. AfriAg and House of Henp are private companies and I'm sure Leni would like a new cannabis firm that's listed on Aim . It just makes perfect sense ... everything adds up . You never know it could be a Sunshine Resources RTO but I'm leaning towards LGC . We should see the biggest shareholder list get updated soon because the new shares hit the market today (hardly any sells) which means everyone is holding . Our market cap is now £1.1m and that reflects our cash position , our Aim listing is worth another £500k as well . It will be interesting too see if we get anymore TR1's from the big shareholders who have increased their stake before the 18th August (when the close period ends). Nothing is guaranteed in this game , all we can do is our own research and invest accordingly . It's a waiting game now , the market will rinse any traders or anyone who has lost patience . The share price doesn't always correlate with what's going on behind the scenes / what's about to get announced . Time will tell .... GLA
cpap man: And finally the AFRI share price [NEX:AFRI] joins in with QBA [TSXV:QBA] with an increasing stock price!
cpap man: AFRIs partner in crime [!] is Canadian listed LGC Capital CA:QBA Share trading volume [nearly 1.6M shares traded yesterday] growing at QBA with the share price starting to edge forwards.... The QBA share price was over 3X the current share price only about 1 year ago!
kenny100: Lenigas's AfriAg raises £600000 at a premium - Proactive ... › Archives › Newswires › LON:AFRI 12 Sep 2013 - AfriAg (LON:AFRI) has completed a £600000 placing and equity swap deal with ... The news drove the share price up to the placing price on Thursday. ... the share price of which has leapt well over 1,000% in the last month.
kenny100: AfriAg plc LON:AFRI is one of those companies that are so often overlooked, maybe because it’s in the wrong Google finance sector, maybe because its just not oil and gas? There are probably numerous reasons. This company could however be a little gem. AfriAg’s chairman, David Lenigas who needs no introduction has a quote on the homepage “Africa will feed not only itself but the rest of the world in time. It will become the bread basket to the world.” AfriAg plc is an African food haulage and distribution group which recently won a new distribution deal with the Gatsby Foundation that will ship produce from Mozambique through to UK supermarkets along with other international markets the contract is for approx 480,000 kilos per quarter. It was an AfriAg plc subsidiary that won the contract to transport baby-corn and chilli to South Africa where it will be air-freighted. Chairman David Lenigas said the contract was ‘transformational’ and told his Twitter followers the deal will grow AfriAg by an ‘unimaginable’ amount. Since then it’s been a little quiet on the news front and share price has dropped slightly as investors look to make money elsewhere. In an interview with Mr Lenigas it was mentioned that 2 other contracts were in the process of being completed, that their current fleet of 18 specialist refrigerated trucks was being expanded to twice that within 6 months to cope with demand and that fish exports into asian countries had increased heavily. David pointed out that only 1% of all African produce was being shipped to the states and “That equation is going to change!” 1.06m kilos were delivered in the last 6 months of 2014 with the majority happening in the last couple of those months. AfriAg has some very large clients already in place and those figures should rise significantly. In a recent comment on twitter David Lenigas said “I am busy with everything. AfriAg as well,” which could be a reference in part to the first quarter trading results hinted at on the forums. AfriAg plc is a growing company with great prospects both short term and long, run by a very experienced board of directors and should really be considered one for the pension pot.
bill182: panicinair - DL has a chunk of his own money in here at much higher prices. By the time figures are available to view in detail, the share price will be a lot higher as more contract wins will have been announced. I think the upside here is far greater than the downside given the current valuation of the company. They say its who you know and not what you know in business, but IMHO DL and his fellow directors have both sides covered. I think today's 'blue chip' contract will prove to be a watershed moment for the company.
bill182: I have a small holding here which I have held for a while. Whilst DL has many detractors, I believe this company will do very well and will not require the upfront capital as it is a marketing company. They are the 'middle-men' and will be using their vast experience to secure very lucrative contracts. I would not be surprised to see the share price climb steadily over the next few weeks as people take on board the significance of the news today.
panicinair: Great start to the week, AfriAg picking up from where she left of last week, big news on the way, expect it to keep rising.... Zak Mir - always good to see a chartist perspective on proceedings, although you might want to hold this one for the next few years, it's going to be big. To quote Okenia (Knowledgeable poster) from LSE: MCap and 2p A 2p share price would still only value AFRI at £20m. That's still a very small operation. The ambition is to be a pan-African company with activities in all 55 nations ... does that sound like a £20m operation to you? Nope, me neither. And def not the current £6m MCap!
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