Share Name Share Symbol Market Type Share ISIN Share Description
Aquatic Food LSE:AFG London Ordinary Share JE00BQQG1J93 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 12.50p 0.00p 0.00p - - - 0 06:30:37
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food Producers 10,229.1 1,900.0 13.1 0.9 14.15

Aquatic Food Share Discussion Threads

Showing 8476 to 8496 of 8500 messages
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DateSubjectAuthorDiscuss
25/7/2017
17:35
I spoke to the senior NED. He is still hoping to get this re-listed. That seems optimistic to me, but let's hope he's correct.
galeforce1
24/7/2017
23:36
Cheers BRWO... You really have cheered me up... NOT!... ;¬/ W.
wstirrup
13/7/2017
22:35
That's the longest of long-shots. If this company really did have all the cash it claimed, and made all the profits it claimed Li Xianxi would have bought the shares at a much, much higher price. As I said before the shares fell to such an impossibly cheap price the company had to be a fraud. There may be a very tiny real business somewhere in amongst all the falsified accounts but I doubt it's worth more than a penny a share.
brwo349
10/7/2017
16:26
Wstirrup Yes, unfortunately. I think the only hope of recovering something here is if the company decides to make a tender offer for shares. There are 113m-odd shares. Li Xianxi owns 45% of them. So the remaining shares at suspension price wouldn't cost him that much. The senior NED is a shareholder, so hopefully he's pushing hard for some kind of deal.
galeforce1
10/7/2017
15:37
Are shares still suspended?
wstirrup
01/7/2017
19:01
For Po Ling. I think when people see an a vacancy for a role - most people do not look at the company share price and other publicly available info, well not in depth. We as investors would probably do just that before applying for the job. Or she saw what we saw but the remuneration package was big enough to take a gamble and it would work out. I gave Po the benefit of the doubt and I thought she could turn the boat around, but she hasn't been able to. No reason was given for the resignation and no CEO "we wish her the best in her future endeavours" usual spiel. (I didn't invest)
stampylong trader
01/7/2017
17:23
Here's an update from Shareprophets Credit where credit is due. They've called this right from the day of its IPO. hxxp://www.shareprophets.com/views/30075/aquatic-foods-now-fd-walks-who-could-have-thought-this-was-a-china-fraud-roll-of-shame
brwo349
30/6/2017
20:50
As I posted months ago any stock on a PE ratio of 1.5 with 3-4 times more cash in bank than market cap HAS to be a fraud. There is simply no alternative explanation. An undervaluation of this magnitude would never happen. It could never happen. Ever.
brwo349
30/6/2017
20:40
Mattjos, Jeezo, what are you her husband? She was the financial director of the world's cheapest stock. It was on a PE of 1.5 and had 3 or 4 times more cash in the bank than its' entire market cap for god's sake! Duh! Hello? Is there anyone at home? This stock was absolutely drowning in a sea of red flags but apparently she didn't see any.
brwo349
30/6/2017
18:37
Plus it adds a time fudge factor
buywell3
30/6/2017
18:02
Well done Po Ling .... brave decision but, given the circumstances, the correct one.I'm quite sure the CEO only recruited her to help try and use her pedigree to add a veneer of professionalism over the dodgy activities in the company.No way she should be tarred with this particular brush ... all the time she was at WCC, she was excellent.Far better honest endeavours & opportunities for her talent elsewhere.
mattjos
30/6/2017
17:30
Press Release 30 June 2017 Aquatic Foods Group Plc ("Aquatic Foods" or "AFG" or the "Group" or the "Company") Aquatic Foods Group Plc (AIM: AFG), a leading Chinese marine foods and seafood processor and producer supplying to export and local markets announces that the Company's Finance Director, Po Ling Low, has resigned from the Company and will cease to be a director of the Company with immediate effect. Ms. Low will continue to assist the Company with the finalisation and publication of its accounts for the year ended 31 December 2016 in the near term. A search for a replacement has been initiated and further announcements will be made in due course.
someuwin
29/6/2017
19:21
So something a bit fishy about these goings on you think I like a little fishy when the boate comes in , on my little dishy that is. I also like a nice chinese once every wee while
buywell3
29/6/2017
11:38
Look at the web sites of Sorbic and China Food Company. Same layout, same chairman, same address, same fate. htTp://www.chinafoodcompany.com/investor-info/plc-board.php htTp://www.sorbicinternational.com/investor-info/plc-board.php Even city types were foolish enough to invest: htTp://amatiglobal.com/viewpoints.php?entry=7
caradog
29/6/2017
11:36
Wrote about this company last year and warned people that the cash in their balance sheet isn't transparent because accounting and auditing in China are more obscured than in West. Don't you find it strange that a company with 5 TIMES cash over MKT.CAP. FAILS to report their results? A different company would be dying to report their numbers. Here is a re-cap of my analysis HERE: - http://bit.ly/2tsq0LM Also, I noticed Leon Boros has made some positive comments on my post at Stockopedia. Thanks for the kind words!! You can read it here: - http://bit.ly/2s51tIh
walbrock82
29/6/2017
11:16
JQW,Sorbic etc etc htTp://www.shareprophets.com/views/12043/sorbic-finally-admits-ceo-has-stolen-all-its-cash-but-it-could-well-be-worse-at-this-china-aim-fraud Not to mention multiple similar scams in Germany. Any remaining shareholders should ponder this: If they can't transfer money to pay accountants in Jersey, how will they transfer cash for dividend payments? How can they buy fish from Norway?
caradog
29/6/2017
10:49
..Taihua (TAIH)....Asian Citrus (ACHL) .... further back: CYC Holdings, RCG etc etc
mister md
29/6/2017
10:02
Indeed, brwo, I posted some weeks ago the two non-execs, Sweet and Yap, had overseen catastrophic destruction of shareholder wealth in other companies, and that Yap was being economical with the truth in claiming he had a masters degree. No response. WCC share price collapsing some months after Po Ling left, amid concerns about accounting methods. Faith unshaken. The repeated AIM flotation of dubious Chinese companies is just another example of gross failure of regulation - Camkids, Naibu, China Chaintek, etc etc. Just read this: htTp://www.investegate.co.uk/naibu-global-intl-co/rns/shareholder-update/201706220700068085I/
caradog
29/6/2017
08:13
Big mistake joining this one Po Ling. best get out fast before get tarred with this scam
mattjos
29/6/2017
08:02
Wow. How embarrassing is that? £50m in the bank and they have to borrow from the directors to pay for ongoing admin expenses in Jersey. I reckon the only hope here is some kin of tender offer for shares from the company. One Board member here (Jonathan Quirke) is a shareholder, so at least he is sharing the pain and should fight hard for some kind of resolution.
galeforce1
29/6/2017
07:25
Multi Million pound company can't pay the accountants lol you could not make this up
reallyrich
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