Agriterra Ld Share Discussion Threads

[tenapen] 20/4/2013 19:04

Double post

D'ho

[tenapen] 20/4/2013 19:02

Why Nigeria is my preferred African play

By David Stevenson

Cont...

though that hasn't stopped me talking about the odd specialised company, such as African agriculture play Agriterra.

Cont...

[cyprussteve] 20/4/2013 15:37

Hi Count,
I can understand that - but, nevertheless you are on the right track.
May I ask if you have a view on FRX ? - it looks oversold to me, but, of course, I could be wrong. I just have a feeling that some positive newsflow may be due.
Ciao
Steve

[the count of monte_cristo] 20/4/2013 10:24

Hi Steve - Well I am not happy about being correct, hope this stays below 3p all summer, and also hope that during the low volume trading days mid summer that the share price gets taken down by the mms.

Why should I say this? Because I want to buy in cheap and hold long term.

Kind of regres talking about some of this stuff on the bbs now and will keep away from here for a while

[cyprussteve] 19/4/2013 21:21

Well done, Count - good call by you.
Have a good weekend all,
Steve

[jimmy12345] 19/4/2013 18:43

Well it rose over 20% in the last 5 mins whats not to like :-)

[jimmy12345] 19/4/2013 18:42

Count check out GENL seriously check it out. You will buy in there when you do.

[jimmy12345] 19/4/2013 18:41

Wtf happened there? Was down at 4.25

[eipgam] 19/4/2013 17:35

it's a mystery.... appears to be up just on 4 or 5 trades.

[oiht] 19/4/2013 17:27

Sudden surge at the end - where did that come from?

[vyke82] 19/4/2013 17:06

High % increase, but we are still trading below 3. Disappointing!

[the count of monte_cristo] 19/4/2013 16:47

Jim - I am liking stocks with very large cash piles and also very good projects, in my view these are the best three;

STI - Nice week for the companies share price
AFF - This week it received an informal offer from IMIC
AGTA - ....from bean to bar!

[jimmy12345] 19/4/2013 16:39

But you just gotta hold on, pick em good they will come good. For instance im also in SLE up 30% today

[the count of monte_cristo] 19/4/2013 16:35

...I paid 2.48p to pick up a few more before close....hence why I say once all the trades are in the share price may end up closing above the opening price, might be wrong, should find out in about 15 minutes when I refresh my screen.

[jimmy12345] 19/4/2013 16:32

Aye bean to bar :-)

[the count of monte_cristo] 19/4/2013 16:18

Jimmy - Bean to Bar...not Field to Bar...it's more catchy:))

P.S. I think the share price will close above its opening price of this morning...

[the count of monte_cristo] 19/4/2013 11:48

2p would be great. However when quoting for large purchases, even though we have over a billion shares in issue, I find it difficult to get any offers for more than 150,000 shares, does anyone else find this? Barclays are my stockbrokers. I could place a limit order but dont really like doing limit orders.

[king suarez] 19/4/2013 11:22

Painful share price action. I did say it looked like we were headed for 2p support on the chart! I really hoped not, but it appears momentum is taking us there *sigh*.

Buying at 3.5p after the big drop, thinking I was smart - what a fool I am.

[oiht] 19/4/2013 10:05

Good work Count. :)

[the count of monte_cristo] 19/4/2013 09:20

Yes, I believe this is correct.

I would also expect them to do as they have done with the beef business, field to fork, so from bean to...erm bar, by that I mean develop there own chocolate bar and brand, which I believe they have already started as one of the posters noted by posting the TFL website link recently.

[jimmy12345] 19/4/2013 09:16

Good post count, to sum up agriterra is trading cocoa while building its own production.

[the count of monte_cristo] 19/4/2013 07:44

Frenchie - I posted the below links last week, worth reading them on cocoa! I have also added some additional links below.

I would imagine the cocoa trading/buying business is already bringing in income and generating cash albeit small. However once the 2,000m sq warehouse outside Kenema, which TFL expects to complete by Q3 2013, is built it should enable much larger trading capabilities.

1 million mature trees, producing say 1.5kg per tree per year equates to 1500 tonnes. Current cocoa price per tonne is 2,337 US$ p/t, so 1,500 x 2,337 = 3.5m US$. Please feel free to comment/correct any errors you see in these very basic figures to give us a guide on potential incomes!!

The cocoa plantation is definetly more of a long term business, whereas the trading business is probably shorter term, in terms of cash generation, in my opinion.

I think TFL could become the major cocoa grower and trader in Sierra Leone and additionally that within 5 years Sierra Leone may be pushing into the top 10 global produces of cocoa.







...A tree begins to bear when it is four or five years old. A mature tree may have 6,000 flowers in a year, yet only about 20 pods. About 300-600 seeds (10 pods) are required to produce 1 kg (2.2 lb) of cocoa paste.



In the period to 2010, cocoa exports from developing countries would continue to be mainly in the form of beans. This suggests that the benefits of cocoa processing in adding value will continue to be enjoyed mainly by the importing countries. Cocoa producing countries have been aware of the need for developing the local grindings of beans to add value to their exports. Some African countries have increased their local processing capacity by providing subsidy, but most producing countries have not yet been able to increase the value addition to their exports. A major obstacle hindering the local processing of beans has not been the processing capacity itself, but the high degree of vertical integration of the multinational firms in the cocoa and chocolate industry, most of which have traditionally been established in importing countries. What the producing countries need most are efficient and sophisticated marketing skills. Unless this issue is solved, the benefit of value addition will continue to be distributed mostly among traditional bean importing countries while income of farmers would stay low