Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Sometimes when the bad guys come under pressure it all gets too much for them and they panic and make a silly mistake. The Quindell "response to a blogger" statement actually gave proof of certain frauds. It was a blunder made in panic. And that brings us to David Lenigas who was so panicked by yesterday's Afriag (AFRI) bombshells and so effectively signed the AIM death warrant of the company with one single panicked tweet.
Already a member? Sign in
• All premium articles
• Tom Winnifrith’s Bearcast
• Access to all the entire nearly 13 year archive
• ShareProphets Daily Newsletter
Cancel any time
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
Comments
DUCK AND DIVE
Why no exposé when Afriag Plc announced its 100%-owned-and-funded trading subsidiary, Afriag Marketing – announced here:
http://www.lse.co.uk/share-regulatory-news.asp?shareprice=AFRI&ArticleCode=6qa3obtk&ArticleHeadline=AfriAg_Marketing_ready_for_business
and updated here:
http://www.lse.co.uk/share-regulatory-news.asp?shareprice=AFRI&ArticleCode=wvrotwq1&ArticleHeadline=Six_month_update_on_AfriAg_SA_and_AfriAg_Marketing
Yusuf Kajee
Good Sir
Your article sounds much like a “ woman scorned “.
May I officially take this opportunity to invite you with an all expense paid trip to South Africa to view the various business operations. Assumptions is the mother of all mess ups .
Please seize the opportunity so that you can add value to share portfolio of the people that believe in you
Regards
Yusuf Kajee
Yk@drk.co.uk
DUCK AND DIVE
Yusuf, good to see you here. Is ATM owned or part-owned by Afriag Plc? If so, could you please explain how because AFRI shareholders haven’t been told about it?
And have you ever heard of Afriag SA or Afriag (Pty)? If so, could you please point me to the company registration?
PS. When you are next in London, could I offer you a guided tour of the ShareProphets bargepole graveyard?
Jsimbo
Yusuf
Instead of throwing sexist insults why not just answer the incredibly simple question? is AfriAg plc. trading?