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Share Name Share Symbol Market Type Share ISIN Share Description
Agriterra Ld LSE:AGTA London Ordinary Share GG00BDG13C09 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 8.50p 7.00p 10.00p - - - 2,555 05:00:01
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 6.9 -3.8 -23.4 - 1.81

Agriterra Share Discussion Threads

Showing 3351 to 3372 of 3375 messages
Chat Pages: 135  134  133  132  131  130  129  128  127  126  125  124  Older
DateSubjectAuthorDiscuss
18/1/2019
09:39
Wandile Sihlobo: 2019 will have beef with SA's cattle farmers The year 2019 will be challenging for South Africa's beef producers. By the end of 2018, grain and oilseed-producing areas of the country experienced dryness, which led to delays in plantings, sparking an increase in agricultural commodity prices, particularly maize. Maize and soybeans are key inputs in the livestock sector, with an increase in prices therefore a possible upside risk in the industry. The drier conditions also negatively affected the grazing veld in the western parts of the country, particularly the western Free State and North West. It was only in the last few days of December 2018 and early January 2019 that the aforementioned areas received a bit of rainfall that enabled some farmers to start planting. Still, the yields could be poor, as the optimal planting window closed way back around mid-December 2018, particularly for maize and soybeans. In the case of grazing veld, the improvement will most likely depend on the occurrence of rainfall in the coming weeks. The near-term prospects remain constructive, showing a possibility of showers in most summer rainfall areas. Aside from weather-related dynamics, on 8 January, South Africa’s Department of Agriculture, Forestry and Fisheries informed us that there are positive laboratory results for foot-and-mouth disease (FMD) in cattle in the Vhembe District of Limpopo – a province bordering Botswana, Zimbabwe and Mozambique. By end of last week, the scientists were still on the ground conducting further investigations to verify the results and determine the extent of the outbreak of FMD. As a result, South Africa has temporarily lost its FMD-free status, which might somewhat disrupt export markets for beef. In fact, it did not take long before, Botswana, Namibia and the Kingdom of eSwatini (Swaziland), among others, announced the suspension of South African beef imports. Industry challenge This will present a challenge for an industry that has taken years to grow its export footprint. The SA beef industry has seen enormous growth in exports over the past couple of years, generating an estimated US$144 million in 2017, according to data from Trade Map. In terms of volumes, medium-term trends show a sharp increase in overall beef exports, from 8 292 tonnes in 2001 to 31 888 tonnes in 2017. Frozen beef exports trebled from 4 740 tonnes in 2001 to 13 808 tonnes in 2017. Meanwhile, fresh/chilled beef exports increased five-fold over the same period, from 8 292 tonnes to 18 080 tonnes. Within the top ten destinations for SA frozen beef exports, there are continental markets (Lesotho, Mozambique, Angola, Mauritius, Swaziland and Egypt), the Far East region (Hong Kong, China and Vietnam), as well as the Middle East (United Arab Emirates). In terms of chilled/fresh beef, the continental markets (Swaziland, Mozambique, Lesotho, Namibia and Mauritius) featured prominently, followed by the Middle East (United Arab Emirates, Kuwait, Jordan and Qatar), as well as the Far East (China). However, this notable progress is likely to be disrupted by the outbreak of FMD. This will put pressure not only on cattle farmers (and the red meat industry) but will also negatively impact South Africa’s agricultural trade balance. The overall financial impact on the industry is still unclear at this stage, as the local authorities are still on the ground conducting investigations. But aside from major policy debates such as land reform, the erratic weather conditions and frequent dry spells, as well as this outbreak, will be amongst the key factors that will weigh on the industry’s growth this year. Wandile Sihlobois an agricultural economist and head of agribusiness research at the Agricultural Business Chamber of South Africa (Agbiz). Follow him on Twitter: @WandileSihlobo hxxps://www.fin24.com/Opinion/wandile-sihlobo-2019-will-have-beef-with-sas-cattle-farmers-20190115-3
freddie01
24/12/2018
11:26
I'm thankful to have sold out earlier this year, after years of losses totalling 85% of my initial investment. I hope the management will finally make AGTA a profitable company.
bluebadger
24/12/2018
10:17
Agriterra Narrows Interim Loss On Significantly Lower Costs LONDON (Alliance News) - AIM-listed agricultural investment company Agriterra Ltd on Friday ... LONDON (Alliance News) - AIM-listed agricultural investment company Agriterra Ltd on Friday reported a narrowed interim loss due to a drop in operating costs. Shares in Agriterra were up 12% Friday at 9.55 pence each. In the six months ended September 30, Agriterra narrowed its pretax loss to USD1.3 million from USD2.6 million the year before. Agriterra's operating expenses halved to USD1.7 million from USD3.0 million. The company's revenue increased 7.9% to USD4.1 million from USD3.8 million. Agriterra - which invests in beef and grain producers in Mozambique - said there was "subdued" demand for maize flour in the first half of its financial year. Maize flour sales did increase in the period, however, to 5,100 tonnes from 4,800 tonnes the year before. An outbreak of foot and mouth in Mozambique "severely curtailed" cattle movement, limiting Agriterra's investees ability to increase its pipeline of cattle in its feedlot. Despite this, however, beef sales increased in the period to USD2.6 million from USD2.3 million. The company's beef division lowered its operating loss to USD89,000 from USD777,000 last year due to efficiencies in forage cropping and the introduction of pelletised animal feed sourced from its grain division. Chairman Caroline Havers said: "The board believe, following several years of political and economic instability, that the outlook for the Mozambique economy in the short to medium term is encouraging, underpinned by the continued development of the liquefied natural gas industry in the north of the country. "Significant progress has been made over the last year, as reflected in these interim results, and I look forward to further progress in the second half." hxxp://www.morningstar.co.uk/uk/news/AN_1545393019703683800/agriterra-narrows-interim-loss-on-significantly-lower-costs.aspx
freddie01
07/9/2018
16:48
hxxps://www.globalwitness.org/thedeceivers/
freddie01
07/8/2018
15:31
I believe we're all in the same boat. Clueless as to what's going on. I've written my investment off here.
freddie01
07/8/2018
13:01
I have no idea! I wish I knew... got any thoughts?
eipgam
06/8/2018
11:56
what is going on here?
kaos3
10/1/2018
13:10
Magister paid 32p for 50.01% few months back, now at 13p a screaming takeover, bid on...
rumobejo
02/1/2018
11:25
All time low for the share price I had such high hopes but it looks like it is not to be ! I do not hold.
tenapen
04/12/2017
00:26
@cottoner thanks.
rascotrading
03/12/2017
13:31
The Company's board of directors are seeking shareholder approval to undertake a share consolidation based on every 100 existing ordinary shares of 0.1p each ("Existing Ordinary Share") being consolidated into one new ordinary share of 10p each ("New Ordinary Share") (the "Share Consolidation"). As at 3 November 2017, the Company had 2,124,061,769 Existing Ordinary Shares. Following the proposed Share Consolidation the Company will have 21,240,618 New Ordinary Shares of 10p each in issue. The record date of the Share Consolidation will be 30 November 2017 with trading in the New Ordinary Shares under the new ISIN GG00BDG13C09 expected to commence at 8 a.m. on 1 December 2017, the next business day following the AGM. The Company also has a further 155,000,000 deferred shares of 0.1p each, which do not carry any right to any dividend, no right to receive notice, attend, speak or vote at any general meeting of the Company; accordingly, the deferred shares will not be subject to the proposed Share Consolidation.
cottoner
03/12/2017
09:20
What just happened?
rascotrading
27/11/2017
16:25
Magister. Cash subscription by Magister Investments Limited ("Magister") for 1,062,243,291 new Ordinary Shares · Subscription price of 0.3126 pence per Ordinary Share, represents a premium of 60.3 per cent. to the closing share price of the Company as at 11 August 2017 · Magister will hold 50.01 per cent. of the Enlarged Share Capital immediately following completion of the Subscription
cottoner
27/11/2017
14:57
Share consolidation, 1 for every 100.
yorkie123
17/11/2017
09:09
The interims are out, Quote; Conclusion The recent investment from Magister marks a new period for the Group during which we hope to benefit from the experience and connections of our new Board members in the wider Sub-Saharan Africa region. As we look to capitalise on the growth that will inevitably come from the development of the LNG industry in Mozambique, we hope to see improvements in the profitability of the Group and its ability to provide a positive return to shareholders.
tenapen
14/10/2017
20:17
hTTps://www.iol.co.za/travel/travel-news/fastjet-to-commence-with-scheduled-flights-in-mozambique-11565200
cottoner
14/10/2017
20:01
Those kinds of news makes me avoid AGTA.
rascotrading
06/10/2017
12:58
Dear Santa, can you take this to 1p
paul the octopus
06/10/2017
07:04
Read the AGTA RNSes from Aug 14th 2017.
cottoner
05/10/2017
21:43
Shares is rising. Any probable cause?
rascotrading
30/9/2017
18:38
Now getting interesting wrt Mozambique. Fjet to introduce direct flights to Mozambique. “All indicators point to robust demand for affordable air services in Mozambique, with the African Development Bank forecasting GDP growth of 5.5% for 2017 and 6.8% next year,“
cottoner
15/9/2017
20:10
It seems to be ticking up. I wonder if the worst is over.
stevedevuk
Chat Pages: 135  134  133  132  131  130  129  128  127  126  125  124  Older
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