Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.
A & B, given the current figures and demand for produce the board would do very to achieve C....but one never knows!
Yes I agree, the oil can only ever be seen as an unexpected bonus when valuing this company. The company needs to declare it is in profit which by all accounts we are very close to, that would get this share back moving upwards. We would have been in profit some time ago had we not so heavily kept reinvesting. The NAV vs the MC here is a joke and we could easily be double the SP.
Response received yesterday......... "Many thanks for your email ****. The Company have monitored the various reports regarding the Kariba dam, and there have been recent encouraging reports stating that repair work is due to start in July this year. My understanding is that due to the size and importance of the Kariba dam, all of the appropriate authorities are committed to repairing the damage to ensure that the dam does not fail. In the situation that the dam does fail, which has been demonstrated to be extremely unlikely, the Company’s Compagri grain operation, and its beef retail units in Tete and Beira would be affected. The Company’s core operations in Mozambique, namely the Mavonde, Inhanzonia and Dombe ranches, Vanduzi feedlot, abattoir and D.E.C.A grain facility are all located in central Mozambique and many miles outside of the Zambezi basin. The Company will continue to monitor reports regarding the repair work at Kariba and will make any necessary safeguards to the Company’s operations if deemed appropriate. Best Regards"
There was no financial information as far I could see. They will have to issue a separate report.....
Dear Mr *******, Many thanks for your email and interest in Agriterra. I understand your frustration with the current share price but please be assured that the Board is very cognisant of the need for news flow and will release an update to the market as soon as appropriate. If you have any other queries in the meantime, please do not hesitate to contact me. Best, Susie
I have contacted Euan Kay regarding the current SP, rumours and investor relations. He will have to improve investor relations if we are to stop the rot here. We are now well below our NAV which they need to address. They have got to tell us what is going on.
We surely wont be waiting til 2015 for profit as far as i can see, worst comes to worse, even if there is a small placing, we are still undervalued at this price!
Good news indeed :)
Yes I believe interim results is the best bet. Although I believe Euan Kay said in the last stocktube update "very soon"....down to interpretation I guess!
Hopefully we have weathered the sp storm and the retrace is done with!! This will have a good year for sure, once the profits are reported this should start to move past 3p and beyond! We are still under the radar!
No sure why this is dropping. ...there is no real explanation for it. In a way its good as this should get a decent re-rate on the next news, which should report profit! So good chance to get in at these levels.
Great RNS - the market is definitely undervaluing us here. With an NAV of 60m dollars or 37m pounds and soon to be in profit after all the money spent on investments over the last couple of years - this looks very very healthy. Not to mention the additional cash that could from the oil! A no brainer share that could be good for dividends in time! http://www.agriterra-ltd.com/reportsandaccounts.aspx
Been watching this for some time now and believe this is a great share. From my understanding the NAV is almost double this Market Cap and will very soon be reporting profits....so its all good!
I bought more this morn aswel! I have said before JM will turn this tiny company into a monster given time! Next NAV will see a decent re-rating.
When is the next one due??
I am heavily invested in Summ.....but this is definitely a fantastic way of diversifying. Jim Mellon and Co could build this into a monster!
After intensive research I am in!! Missed the recent rise whilst researching but I had to be sure!
How are you putting a value on this share??
I have a mate who is looking to get in here and I will obviously tell him to research himself but is anyone able to give me a quick bullet point breakdown of where things are at? He is a mate and I don't want to see him throw a considerable amount of money away........This isn't my area of interest so I am unable to advise him.
Can u elaborate as to why?