Share Name Share Symbol Market Type Share ISIN Share Description
Afriag LSE:AFRI London Ordinary Share IM00B3VVCM89 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 0.085p 0.00p 0.00p - - - 0 06:30:09
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Health Care Equipment & Services 3.0 -0.0 0.0 - 1.17

Afriag Share Discussion Threads

Showing 1926 to 1946 of 1950 messages
Chat Pages: 78  77  76  75  74  73  72  71  70  69  68  67  Older
DateSubjectAuthorDiscuss
22/7/2017
18:14
The Sun Never Sets On AfriAG Global hxxp://www.lgc-capital.com/investments/afriag-global-joint-venture/
kenny100
22/7/2017
10:25
LGC owns 30% and Afriag (Pty) Ltd owns 30% of house of hemp . They have committed to pay $4.9m (say $5m) to start large scale production. That = $833k for every 10% . Afriag Global owns 40% of Afriag(Pty) Ltd , so only own 12% . Is that correct ?
under the radar
21/7/2017
13:15
TSXV:QBA & NEX:AFRI LGC Capital Cannabis Partnership Makes First Payment Under Agreements To Acquire 60% Interest In South Africa's House Of Hemp Canada NewsWire MONTREAL and South Africa, July 20, 2017 MONTREAL and South Africa, July 20, 2017 /CNW Telbec/ - LGC Capital Ltd. (TSXV: QBA) ("LGC" or the "Company") is pleased to announce that the first payment has been made by the Company and its JV Partner, AfriAg (Pty) Ltd, to the House of Hemp (Pty) Ltd, under the agreement previously announced on July 18th 2017 to acquire a 60% beneficial interest in the House of Hemp. Logo: LGC Capital Ltd (CNW Group/LGC Capital Ltd) The House of Hemp is South Africa's one-stop authority on all things hemp and cannabis. Based in Block D of the Dube TradePort's Agrizone Complex at Durban's King Shaka International Airport, which features 40,000 m2 of secure, temperature-regulated and humidity-controlled greenhouse under glass, with refrigerated pack houses, laboratories and offices. This complex regarded as the most eco-friendly and high-tech agricultural facility in Africa and is where House of Hemp is planning to ramp up Research & Development of high-CBD medicinal grade cannabis. Although medical cannabis is its newest and largest focus, House of Hemp started as an importer and reseller of hemp products, which remains a key element of its business: hempseed oil, hemp protein powder and de-hulled seeds. House of Hemp is now a member of the National Hemp Foundation (NHF) and has served as the convener of the NHF's Human Resource Development Group (in the first phase). House of Hemp is currently the coordinator of the NHF's Private Sector Working Group. Licensed in 2010, House of Hemp became the first private company to be awarded an exclusive permit from the Departments of Agriculture and Health to legally cultivate and process hemp in South Africa. Because House of Hemp wanted to reliably expand into the budding industrial market, the company sought an exclusive permit from the Departments of Agriculture and Health to not only import hemp, but also to legally cultivate and process it in South Africa. In 2010, the House of Hemp became the first private company to be awarded such a permit. As well as supplying hemp fibres and oils, the House of Hemp conducts research and supplies by-products like tow, biomass, dust and seedcake. These have enormous promise, as sustainable replacement materials for a variety of industries globally. In 2015, House of Hemp partnered with the South African Department of Agriculture & Health. Other key Partnerships established in the same year include the University of the Free State, the Council of Scientific and Industrial Research (CSIR), the Agricultural Research Institute (ARC); the National Agriculture Marketing Council (NAMC); it is owing to these key partnerships that House of Hemp was able to begin conducting research into medical cannabis. About LGC Capital LGC Capital Ltd. is a Canadian incorporated public company listed on the TSX Venture Exchange (TSXV: QBA). LGC Capital's objective is to become a diversified business group with core business divisions that provide shareholders with exposure to a diverse range of businesses, products and services, many of which have some exposure to high growth Cuban business opportunities and some that have no exposure to Cuba at all. LGC Capital now plans to enter into the agricultural space in southern Africa through its new joint venture with AfriAg. About AfriAg AfriAg (Pty) Ltd is a global agriculture and agri-logistics specialist, and provides crop growing and logistics solutions, food marketing and bespoke distribution services, by road, air and sea, to many major food retailing and wholesale corporations around the world. AfriAg (Pty) Ltd is 40% owned by London listed AfriAg Global PLC.
cpap man
20/7/2017
23:20
If AfriAg or LGC want a AIM listing then PLMO could be the vehicle because it's a clean shell with £1m cash with Hamish as CEO . Leni and Donald sold some of their DOR shares a few days before the placing was announced at PLMO . DYOR
under the radar
19/7/2017
19:00
LGC Capital / AfriAg Partner, South Africa's House of Hemp, Launches New Website MONTREAL and CAPE TOWN, South Africa, July 19, 2017 /CNW Telbec/ - LGC Capital Ltd. (TSXV: QBA) ("LGC" or the "Company") is pleased to announce that our South African JV Partner, House of Hemp, has launched a new and updated website. The website provides insight into the depth, experience and capabilities of House of Hemp and its Founder, Dr. Thandeka Ruth Kunene. hxxp://houseofhemp.co.za/ According to the website, House of Hemp is South Africa's one-stop authority on all things hemp and cannabis. Based in Block D of the Dube Tradeport's Agrizone Complex featuring 40,000 m2 of secure, temperature-regulated and humidity-controlled greenhouse under glass, with refrigerated pack houses, laboratories and offices. This complex is the most eco-friendly and high-tech facility in Africa where House of Hemp is ramping up R&D for high-CBD medicinal cannabis. Although medical cannabis is its newest and largest focus, House of Hemp started as an importer and reseller of hemp products, which remains a key element of its business: hempseed oil, hemp protein powder and de-hulled seeds. Dr. Thandeka Ruth Kunene earned an engineering degree in South Africa before moving to London to get her MBA from Richmond University. She then returned to South Africa to become the first woman to earn a Ph.D. in Mathematics from the University of Cape Town. For several years, Dr. Kunene worked for UNIDO and the Commonwealth Secretariat, served as a member of the Advisory Board at Global Hemp Group Inc. and was instrumental in creating two of the industry's most important industry groups: The National Hemp Foundation and The Global Natural Fibre Forum. She was equally driven to promote entrepreneurship among black women along with alleviating poverty and environmental damage through the use of natural fibers. Her main focus was hemp because of its incredible versatility. In 1998, she combined these two visions, founding House of Hemp in Johannesburg. House of Hemp is now a member of the National Hemp Foundation (NHF) and has served as the convener of the NHF's Human Resource Development Group (in the first phase). House of Hemp is currently the coordinator of the NHF's Private Sector Working Group. Licensed in 2010, House of Hemp became the first private company to be awarded an exclusive permit from the Departments of Agriculture and Health to legally cultivate and process hemp in South Africa. Because House of Hemp wanted to reliably expand into the budding industrial market, the company sought an exclusive permit from the Departments of Agriculture and Health to not only import hemp, but also to legally cultivate and process it in South Africa. In 2010, House of Hemp became the first private company to be awarded such a permit. As well as supplying hemp fibres and oils, House of Hemp conducts research and supplies by-products like tow, biomass, dust and seedcake. These have enormous promise as sustainable replacement materials in all kinds of industries globally. In 2015, in partnership with the South African Departments of Agriculture and Health, the University of the Free State and the Council of Scientific and Industrial Research (CSIR), House of Hemp began conducting research into medical cannabis. The focus is on CBD strains, which are cultivated and processed at Dube Agrizone in our 40,000 m2 of greenhouse space. About LGC Capital LGC Capital Ltd. is a Canadian incorporated public company listed on the TSX Venture Exchange (TSXV: QBA). LGC Capital's objective is to become a diversified business group with core business divisions that provide shareholders with exposure to a diverse range of businesses, products and services, many of which have some exposure to high growth Cuban business opportunities and some that have no exposure to Cuba at all. LGC Capital now plans to enter into the agricultural space in southern Africa through its new joint venture with AfriAg. About AfriAg AfriAg (Pty) Ltd is a global agriculture and agri-logistics specialist, and provides crop growing and logistics solutions, food marketing and bespoke distribution services, by road, air and sea, to many major food retailing and wholesale corporations around the world. AfriAg (Pty) Ltd is 40% owned by London listed AfriAg Global PLC.
cpap man
19/7/2017
15:20
TSXV:QBA A new thread for QBA [see header below] our Canadian listed partner in crime [only joking!] LGC Capital - First mover advantage in CUBA plus the GLOBAL medical cannabis sec [QBA]
cpap man
18/7/2017
15:05
And finally the AFRI share price [NEX:AFRI] joins in with QBA [TSXV:QBA] with an increasing stock price!
cpap man
15/7/2017
10:40
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!
cpap man
15/7/2017
10:35
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!
cpap man
28/6/2017
10:35
http://www.investegate.co.uk/afriag-global-plc--afri-/prn/strategic-alliance-to-enter-medical-cannabis-se---/20170626164227PA140/ not showing on advfn . Doesn't seem to have stirred any interest.
okuta
12/5/2017
14:55
Well someone doesn't like the news,or knows something we don't? 7% down on 2mil trades.MMs having a laugh.
knightmoves
11/5/2017
09:50
Been away but what is there NOT to like? Only comment would be that AFRI need to migrate if not back to AIM then a STANDARD LISTING on the LSE
cpap man
11/5/2017
09:47
AfriAg Global PLC (“AfriAg Global” or the “Company”;) Audited final results for the year ended 31 December 2016 Chairman’s report (incorporating the strategic review) This has been an excellent year for the Company business growth as a global agri-logistics logistics provider, and I am pleased to present the annual report and financial statements for AfriAg Global plc (the “Company”; and, together with its wholly owned subsidiaries, the “Group”) for the year ended 31 December 2016. Our global distribution footprint has expanded considerably during the year, as we moved to distributing perishable food products by road, air and sea for and to global customers (South Africa, Mauritius, Mozambique, Zimbabwe, Zambia, DRC, Kenya, USA, UK, France, Holland, Russia, Japan, New Zealand and others). AfriAg Marketing had a very strong year, with revenues growing 54% to £3.035 million during the period, a significant increase from the previous year’s reported revenue of £1.977 million. Specialist global agri-logistics group AfriAg SA, continues to grow at a fast pace and has developed into a significant global logistics enterprise. It has reported a 91% increase in full year revenues to £11.704 million for the twelve months ended 31 December 2016, versus revenues of £6.122 million for the previous year, with a gross profit of £927,000 (2015: £552,000) and a net profit for the year of £104,000 (2015: £359,000). The Company has equity-accounted for its 40% share of this profit for 2016, being £42,000. Gross profit for the Group also increased significantly to £334,000 compared to the £50,000 reported for the previous year. Group Results for the period: The Group’s gross turnover has increased by over 54% to £3.035 million for the year (2015 - £1.977 million). The Group’s net loss after taxation for the year was £9,000 (2015 - £96,000 loss). The Group’s current assets including cash at 31 December 2016 amounted to £1,261,000 (2015 - £810,000). The Group’s 40% owned agri-logistics investment, AfriAg (Pty) Ltd, gross turnover increased 91% to £11.704 million (2015 - £6.122 million) and reported a net profit of £104,000 (2015 - £359,000). Strategic Review for the Period: AfriAg Global was formed only 4 years ago with the view of establishing a global agri-logistics company, with the principal aim of exporting African perishable food products to the global market place. We are now seeing this business plan coming together as envisaged and are now rapidly expanding our operations to providing elite logistic solutions for the timely movement of perishable food not only from Africa to the world but also from the world in to Africa. At the heart of our business is our own global network, fleet and staff based in Johannesburg at our large modern facilities near O.R. Tambo International Airport. The AfriAg HQ is a full-service logistics facility equipped with the latest facilities to meet our customer’s demanding needs. And our global partner network spans strategic road, air and sea routes harnessing our resources across this network enables us to deliver bespoke logistics solutions for our customers. We have strong relationships with our freight counterparties and their branches, fleet, facilities and infrastructure in locations across Europe, Asia, North Americas, and the Middle East. AfriAg has grown to supply our customers with world class global logistics delivering across our global footprint, international and domestic freight transport services, distribution and refrigerated warehousing services through to remote haulage logistics, aviation and marine logistics support services. Delivering these services are our main priority. Collectively, they enable us to efficiently and effectively deliver the solutions our customers are looking for, right around the world. AfriAg Marketing Pty Ltd (100% owned by AfriAg Global Plc): AfriAg Marketing has experienced an excellent year of trading, increasing revenues to ZAR 60.562 million (£3.035 million) in 2016, compared to ZAR 38.395 million (£1.977 million) in 2015. This 54% increase in revenue not only demonstrates strong development, it also reinforces the belief that the company’s low-overhead, grower-focused structure works in today’s market. The model has been keenly welcomed by both growers and end clients. This year, the business has been active in the export, distribution and trading of blueberry, passion fruit, pineapple, apple, strawberry, butternut, peas, fine beans, mange tout, sugar snap, baby corn, chillies, baby veg, and herbs. As well as the UK, the company is now supplying Switzerland, the Netherlands, New Zealand, Russia, and the USA (New York and Los Angeles). In this respect, the addition of a UK office has proven very beneficial in terms of range development and in driving the business into more strategic markets. This maximises the potential of the growers, and the appetite from the market for a more direct relationship with growers has also been welcomed. Profit levels remained good at ZAR 2.057 million (£105,000) despite a forex loss of ZAR 1.297 million (£67,000) caused by the immediate fall-out from the UK’s Brexit vote. The recovery from this exchange rate issue showed that the foundations of the business are strong and augurs well for ongoing growth. The company’s core ethos (of maximising the return to growers, paying them on the best terms available, and ensuring that end clients get exactly what they want) is reaping its reward. Both sides are coming back and asking for more. This we feel is the main reason for continued success and will remain our motivation. The coming year promises more exciting times as the company builds on the foundations laid. The decision to drive into more diverse markets worldwide during periods of economic uncertainty is opening the door to significant growth, and our in-house logistics strength undoubtedly adds huge value. This stands out as a relatively unique offering in the market place. It remains clear that the model is both working and gaining momentum. AfriAg (Pty) Limited (40% owned by AfriAg Global Plc): AfriAg SA is a truly global and fast growing logistics business. Road haulage, air freight and sea freight of fresh and frozen food in to and out of Africa and to many destinations around the world. AfriAg SA now operates logistics services to many major global cities and ports around the globe. The company has turned into a truly global enterprise and we seeing tremendous growth across many markets. We are now one of the largest air freighters of perishable food out of southern Africa using some of the world’s largest airlines and providing bespoke first world logistics to destinations all over the world through our rapidly expanding global network of airlines and agents. AfriAg SA had an outstanding trading year in 2016, reporting an increase of 91% in revenues to £11.704 million in the full year to 31 December 2016, versus revenue of £6.122 million for the previous year, with a gross profit of £927,000, a net profit for the year of £104,000. The Company has equity-accounted for its 40% share of this profit for 2016, being £42,000. Public Trading Platform for the Company’s shares: On 25 January 2016, the Company posted a circular to Shareholders convening a general meeting on 16 February 2016 proposing that Shareholder’s should vote to cancel the admission of the Company's Ordinary Shares to trading on AIM under AIM Rule 41. The Company’s Board had determined that in their view and given the size and stage of development of the Company, that the ISDX Growth Market (now renamed NEX Exchange Growth Market) provides Shareholders with the most appropriate listing platform on which to promote the Company's growth strategy. On 16 February 2016, the Company’s Shareholders voted in favour at that General Meeting to delist from the London AIM market. The Company’s shares ceased trading on AIM market on 24 February 2016 and remain trading on London’s NEX Exchange Growth Market under the Ticker Symbol “AFRI”. Change of Name: The Company changed its name on 25 July 2016, from AfriAg Plc to AfriAg Global Plc to reflect the dramatic changes seen by the business since its birth from an African centric bespoke food logistics business to one that now provides global logistics, food sales, marketing and bespoke distribution services to many corporations and food wholesalers around the world. The Company’s ticker symbol on the London ISDX Growth Market (now called NEX Exchange Growth Market) remained unchanged as “AFRI” and the Company’s new website changed to www.afriagglobal.com. Outlook The Company anticipates another year of strong growth. The Company also intends to identify further investments in the African agri-logistics sector, to enhance the AfriAg brand, which has now become very well established. The Board would like to take this opportunity to thank our shareholders, staff and consultants for their continued support and I look forward to reporting further significant progress over the next period and beyond. David Lenigas Executive Chairman
cpap man
09/5/2017
19:50
A good set of results, I will continue to hold as the growth story develops.
chrisgail
19/4/2017
17:05
Reckon so KM - also DL has stated that AFRI will migrate to a full London listing this year.
cpap man
19/4/2017
16:59
A few decent buys today... News due soon ?
knightmoves
09/3/2017
19:11
Fresh herbs from two locations now..........
kenny100
25/2/2017
19:08
hxxp://afriagmarketing.com/
kenny100
25/2/2017
19:07
hxxp://www.ckfmcg.com/ck-energy.asp
kenny100
25/2/2017
19:05
Logistics We can offer a truly comprehensive service through our sister company AfriAg Global, strategically based next to Johannesburg’s O R Tambo international airport. AfriAg Global has a network spanning strategic road, air and sea routes and the resources to deliver bespoke logistic solutions. It runs 76 refrigerated trucks across sub-Saharan Africa and is the largest carrier on IAG cargo from southern Africa. AfriAg Global no longer just dreams of moving food around Africa – it now flies and ships Africa’s best around the globe.
kenny100
25/2/2017
19:04
hxxp://www.drk.co.uk/
kenny100
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