Agriterra Ld Share Discussion Threads

[chusala] 29/1/2016 22:41

any ideas on why moz inflation has spiked?

[paul the octopus] 27/1/2016 13:07

interesting action today

[paul the octopus] 10/12/2015 14:45

would be nice to release some numbers on the cocoa contract, margins? revs? looking forward for 2016

[cyfran101] 20/11/2015 23:57

Wasn't expecting the herd size to drop so much with no explanation...

[oiht] 20/11/2015 10:22

"bullish" Ha ha nice one swooped!Seriously though, I agree.

[swooped] 20/11/2015 09:17

Actually I think the update is rather bullish, they have impaired a lot but nothing that wasn't expected,nice to see the beef business coming along and seems to have a solid footing to build upon, no cash issues and they will be pulling in revenue from WHO etc. I just think this could be a nice business in a few years.

I like this statement, not that small a unit now "In Mozambique, Agriterra has successfully built a vertically integrated, 'field to fork' beef operation, Mozbife Limitada ('Mozbife'), from which it now looks to achieve scalable growth. We now have in place three established ranches (totalling 20,350 hectares), a feedlot facility (with current capacity for up to 3,500 animals), an abattoir (with capacity for 4,000 head per month), and six retail units."

[bluebadger] 20/11/2015 07:57

Perhaps they meant:

In summary, whilst our beef division has grown in all areas, it remains unprofitable. If herd growth continues, the division will hopefully break-even in the next 2-3 years.

[bluebadger] 20/11/2015 07:47

For starters, it should be "providing".

[freddie01] 20/11/2015 07:31

In summary, we are well advanced in implementing our strategy for the beef division. Our feedlot, abattoir and retail units are generating net positive cash flows and, with the current irrigation at our Mavonde and Inhazonia ranches (provided we continue to increase our herd size), we expect our farms to start contributing to the bottom line in the short to medium term.

provided we continue to increase our herd size?

[amt] 20/11/2015 07:26

As expected so already in the share price. Value of the company One third of net assets. They are confident about having enough cash going forward and of a recovery in maize. I expect share price will end somewhere near current price.

[multibagger] 20/11/2015 07:10

RNS out - not looking good unfortunately.

I expect the market to take this down substantially.

[swooped] 18/11/2015 16:36

nice close on the high of the day, very bullish

[mikeh30] 18/11/2015 12:39

The Company is reporting a Net Asset Value ('NAV') of US$50.2 million which is a significant premium to our market capitalisation of US$11.0 million.High cash balance too

[mikeh30] 18/11/2015 10:05

https://ycharts.com/indicators/cocoa_bean_priceOnly basic quick look research

[swooped] 18/11/2015 10:00

how do you work that out mike

[mikeh30] 18/11/2015 09:58

Rough calcs agreement worth over £1m

[swooped] 18/11/2015 09:41

life in the old girl yet, nice to see contracts still being negotiated

[maytrees] 18/9/2015 15:48

Odd share price fluctuations today - down to 0.60p to buy at one time then up to 0.66p to buy or sell! I bought at 0.64p - dyor.

[oiht] 07/9/2015 11:43

Yep, clearly he will have done d.d and may even know stuff not visible to we mere mortals.

[oiht] 07/9/2015 11:06

54mil shares at @ 0.7p equals a holding worth £378k...and not a director.

[bluebadger] 07/9/2015 10:14

Assuming he bought at about 0.5p, that's about £7500 invested. Nice to see directors buying but I'd like to see more of them buying and in bigger stakes.

[oiht] 25/7/2015 20:26

Ta for that Freddie.

[freddie01] 25/7/2015 19:23

Mozambique: Nyusi Inaugurates Chimoio-Espungabera Road



Maputo — Mozambican President Filipe Nyusi, on the first day of a working visit to the central province of Manica, inaugurated a new road between the provincial capital, Chimoio, and Espungabera, capital of Mossurize district, on the border with Zimbabwe.

The road is 230 kilometres long, and construction cost 6.45 billion meticais (about 170 million US dollars at current exchange rates), provided by the Mozambican and Portuguese governments. The work, undertaken by the Portuguese building company Mota Engil began in September 2011, and involved 800 workers, most of them recruited locally.




According to the contractor, two new bridges were built, and streets in towns along the route were tarred.

Prior to this road, the quickest way to reach Espungabera from Chimoio, particularly during the rainy season, was via Zimbabwe. Even in the dry season, the journey between Chimoio and Espungabera on the Mozambican roads used to take between six and eight hours - the new road cuts the time to two and a half hours.

The new paved road does not only end Espungabera's isolation from the rest of the country, but it should also stimulate the development of the other small towns it passes through, such as Sussundenga and Dombe.

Nyusi also inaugurated a meat processing unit, which is part of Mozbife, a cattle enterprise owned by the London-based Agriterra group. Agriterra has invested about 14 million dollars in the meat processing plant.

On its website Agriterra describes Mozbife as “a vertically integrated cattle ranching and feedlot production business which is developing into a ‘field to fork' producer, to capture more of the added value available higher up the food chain, benefitting profitability”.

Agriterra says that Mozbife was established “to supply premium beef to both the domestic market in Mozambique as well as for export”.

The cattle are reared and bred at Agriterra ranches in Mavonde, Inhazono and Dombe, all in Manica, fattened at a feedlot in Vanduzi and butchered at an abattoir in Chimoio. Agriterra owns retail units in Chimoio,Tete, Manica and Beira, and says that its “integrated business approach enables the Group to maximise revenues and margins from the entire value chain”.