Afriag Share Discussion Threads

[tburns] 18/11/2014 10:28

they just had a placing at 0.4p, bet those guys are happy!

[cyberbub] 18/11/2014 09:20

Looking at the limits, there will clearly be a delayed trade of at least 3M shares to be printed later... I hope that's a final capitulation dump?NAI

[tburns] 18/11/2014 08:57

Will be back there in early Feb and can pull off the N1 and have a look inside, Keep you posted

[cyberbub] 17/11/2014 09:57

Tburns if you have SA business contacts can you maybe do a bit of digging??

[cyberbub] 17/11/2014 09:56

Hmmm... I hope it's not our money going to fund shiny new offices!!

[tburns] 17/11/2014 09:50

Thanks for that CB< would of thought the margin of food would be higher than that although with the international transport costs to be factored in that might well be a fair assessment. I work in Jo'Burg every 3 months and was driving on the N1 down from Pretoria back to JB and saw the new Afriag offices. Quite splendid with lots a shiny new cars outside!

[cyberbub] 15/11/2014 09:13

Afriag's 5M market cap owning 40% of the SA business means valuing the SA business at 12M. On a p/e of 10 that implies that they are making 1.2M profit, and at a margin of say 15%(?) that would mean turnover of 7M. Is that realistic - over - under?I have looked into finding company accounts for Afriag SA and it seems there is a company registrar like the UK Companies House. However it's not free and I am too tight to shell out LOL. Anyway it's probably too early to get a proper picture since Afriag SA has only been expanding this year...Just some musings.NAI

[cyberbub] 13/11/2014 16:38

I think probably all the trades today have been buys...

[5baggersrus] 12/11/2014 16:38

my acorns are tiny right now.....

[113mike] 12/11/2014 16:37

From tiny acorns...grow tinier acorns!?

[michaelx105] 12/11/2014 15:14

Topped up again, didn't appear on advfn again. Whilst land crops may be seasonal, seafood isn't is it? Would there be an ebb and flow in crops being transported, would seafood be more consistent year-round?

[tburns] 12/11/2014 09:25

Maybe it was someone who got in at the 0.4p placing and was turning a small profit

[cyberbub] 11/11/2014 21:33

Someone dumped nearly a million at the 12 month low there...

[tburns] 11/11/2014 14:11

OBT? Thanks in advance

[mohammedalibusiness] 06/11/2014 14:09

I'm looking forward to a potential partnership between AfriAg and OBT... think it will be huge and the directors know each other well... hmmmm....

[cyberbub] 06/11/2014 13:31

Predictable drop towards the placing price...

[moormoney] 05/11/2014 16:59

Not a lot to say cyberbub. The business is growing and doing well according to the rns so 300k for funding is not a great amount to rock the boat. Next results will be interesting and I hope will please patient holders.

[cyberbub] 05/11/2014 16:47

No comment on the placing? Awfully quiet here...

[5baggersrus] 28/10/2014 11:30

desperate when 100gbp share sale knocks the price ...lol

our time will come.....attention will turn here in due course

[5baggersrus] 23/10/2014 09:06

been much larger buys from long term PI investors over the last months....myself and 4 or 5 posters on LSE hold over 25m...

not huge in the grand scheme of things but more shares locked away for the LT story to unfold...
gl

[acta_topup] 23/10/2014 08:57

Agree looking good. Also check out KDR!

[moreforus] 23/10/2014 08:40

what a nice recovery!!!