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Westh1
AFRI.PL
What’s the ticker for Apollon Kenny? Cheers
Could be an interesting month.................. :+)
£4.3 million per week at full production........DYOR
If it hits 10% of production blast off............IMHO
https://www.apollon.org.uk/products/cultivation-processing-and-extraction/
Plus a factory in Germany...................
I posted the factory 90 miles from the Protos site that makes the guts for PHE DMG's
Wrong thinking then..............
:+)
Rec however still wrong on both counts just saying like mate................
True - I thought the ceramics in the DMG would not sustain repeated heating and cooling without fracturing. I do not invest in something I think is backed by dodgy science; it is better to miss a good investment than invest in a magic pixie dust reactor and lose my money. But, well done; I am always pleased when a PI makes a pile of cash.
And, I was thinking about cannabis oil, not CBD oil.
Nom I told you about PHE you just took the hiss..........LOL
I minted it.........................
Nom its used for medical low thc.............
"Remember good CBD oil is worth more than gold weight for weight"
Only at street prices - try selling by the kilo instead of a gram and you will get a much smaller price.
Afriag seem to only have a 2% interest in Apollon Formularies Ltd
But I haven't gone through everything
Remember good CBD oil is worth more than gold weight for weight................DYOR
The people that never invested last week in Afriag missed a good rise...
This will happen again................ :+)
This is why PDR now holds one million used to be 100 million..........
https://www.afriagglobal.com/isdx-rule-75/corporate-information/
4 November 2019
AfriAg Global PLC
(‘AfriAg’ or the ‘Company’)
Proposed Disposal, Capital Reorganisation and Amendment to Memorandum and
Articles
Notice of General Meeting
The Company is pleased to announce that it has posted a notice convening a
General Meeting (the “Meeting”) of the Shareholders to be held on 27
November 2019 at 11.00 a.m. at the offices of Hill Dickinson LLP, 105 Jermyn
Street, St. James’s, London, SW1Y 6EE.
At the Meeting, the Company’s shareholders will be asked, amongst other
things, to approve the disposal of the Company’s African operations, to
convert the ordinary shares of £0.001 each to shares of no par value and to
consolidate the shares on a 100:1 basis.
THE GRAPH HAS BEEN ADJUSTED FOR THIS
SO FOR 2014 THE SHARE PRICE OF 1P IS NOW SHOWN AS 100P
Mick been in it about six years the share has never hit 5 pence....
Jamie Ashcroft has wrote about Afriag several times over the years..................
https://www.proactiveinvestors.com/teams/details/118/Jamie-Ashcroft
The chart
https://app.stockopedia.com/share-prices/afriag-global-OFEX:AFRI/chart
has been adjusted for a 1 for 100 reverse split (28/11/2019)
SHARES adjusted by a factor of 0.01
3DR
AfriAg Global PLC 3DR
https://www.youinvest.co.uk/market-research/LSE:3DR?tab=1&vw=sum&SecurityToken=0P0000RV2M%5D3%5D0%5DE0EXG%24XLON&Id=0P0000RV2M&CurrencyId=GBP&ms-redirect-path=%2F1c6qh1t6k9default.aspx
https://markets.ft.com/data/equities/tearsheet/summary?s=AFRI:NXX
Share price.........some of it's history..............DYOR
Directors Deals for Afriag Global (AFRI)
Announced Traded Action Notifier Price Currency Amount Holding
25-Sep-15 25-Sep-15 Buy David Lenigas 0.45 GBX 5,000,000 121,000,000
25-Sep-15 24-Sep-15 Buy David Lenigas 0.40 GBX 10,000,000 116,000,000
04-Jun-13 03-Jun-13 Buy David Lenigas 0.90 GBX 500,000 106,000,000
30-May-13 29-May-13 Buy David Lenigas 1.00 GBX 500,000 106,000,000
29-May-13 28-May-13 Buy David Lenigas 1.05 GBX 1,000,000 105,000,000
22-May-13 21-May-13 Buy David Lenigas 0.65 GBX 500,000 104,000,000
20-May-13 17-May-13 Buy David Lenigas 0.47 GBX 1,000,000 103,500,000
Many moons ago could track all Afriag share price history here under ticker 3d............
https://uk.finance.yahoo.com/lookup?s=afri.pl
Afriag has never been £1
I know Afriag history price..................
AFRI was 100p in 2014......
https://app.stockopedia.com/share-prices/afriag-global-OFEX:AFRI
Bankruptcy Risk (Altman Z2-Score)
The Bankruptcy Risk Meter, based on the Altman Z-Score, gives a visual indicator of how likely a company is to head into serious financial difficultly within the next two years.
If the meter is in the safe zone (a Z-Score greater than 3), the health of the company is good, whereas if it is in the distress zone (a Z-Score less than 1.1) the financial health is poor. Tests have shown that the Distress Zone is 80-90% accurate in predicting distress within 2 years.
Afriag Global has an Z2-Score of -20.47
This indicates a serious risk of financial distress within the next 2 years.
The following tests indicate the key risk factors that may influence the Altman Z2-Score
Are liquid assets a significant proportion of the assets? YES
Do reinvested earnings make up a significant portion of the assets? NO
Are the assets relatively productive in terms of earnings? NO
Does firm value compare favourably to its liabilities? YES
Total 2 / 4
Does the Altman Z-Score Work?
In its initial test, the Altman Z-Score was found to be 72% accurate in predicting bankruptcy two years prior to the event. In subsequent tests over 31 years up until 1999, the model was found to be 80-90% accurate in predicting bankruptcy one year prior to the event.
https://app.stockopedia.com/content/the-altman-z-score-is-it-possible-to-predict-corporate-bankruptcy-using-a-formula-55725?order=createdAt&sort=desc&mode=threaded