900 replies to this topic

[Taurus]

I would see it as a hold or buy

[ponzi]

Hi all, yes it is a minnow. I am buying are you selling?  

[Naxy]

Hopefully there's no going back from now on wards

[Taurus]

its a penny share. Nothing more, nothing less...

Very true. It is a long way to 100ct and it needs some extraordinary things to happen. Although there is only a small chance for this in general there is always the exemption. 

[HendrikB]

Afdawn is in a special space as I see it. Once the market embrace the vision and strategy the share price will react accordingly. There is also a Cautionary in place?

its a penny share. Nothing more, nothing less...

[ponzi]

Afdawn is in a special space as I see it. Once the market embrace the vision and strategy the share price will react accordingly. There is also a Cautionary in place? 

[battleship]

2.8million shares traded today and 10c finally breached..something is at last brewing

[battleship]

Now that everything that was supposed to happen.........has happened,when ,does anyone know, will they announce what they are doing?

[ponzi]

As I see it HBD has only a limited number of investments and KC is managing the fund. The new Afdawn strategy seems to be more in line with direct investments as per the plans and not through a third party fund? I bet on new investments and not just an extension of the old.       

[Taurus]

Looking at the new setup one has to wonder where does HBD fit in. It has been managed by KC. Fund has R126 Mio invested. If I am right it is in 7 ventures. With the new direction of Afdawn it makes sense to continue. .. or do they have bigger plans?

[ponzi]

The people running the show are Jacques Groenewald, CEO and Eben van Heerden is the FD. I can see a plan coming together. They are doing things right by building a sustainable model and not just jump into short term plans to get our (shareholders) support.   

[Mokhachane]

I'm really into this one - i like the story...

If you have any doubts about the guys running the show (Eben Van Heerden and Keet Van Zyl) maybe check this out:

http://en.wikipedia....i/Knife_Capital

 

Its gonna be great to see how "The board will continue its strategy of divesting from non-core assets

and operations that will further enable the company to invest in
innovative entrepreneurial companies."

[Taurus]

yep, things are moving slowly but they are moving. I remember an earlier comment in the FM (June 2013):

 

"While Van der Merwe's work since he left the JSE has included acquiring various investments under the Zorgvleit Group banner, he has shown an inclination towards technology investment. In 2011, he initiated the recently completed development of Community+27, an online community portal. Whether Van der Merwe intends listing any of his existing investments into Afdawn has not yet been signalled. Van Zyl's presence, though, suggests there could be fresh deal flow"

 

Once the new direction manifests it should start to reflect in the share price. The upcoming AGM could reveal some positive news. 

[battleship]

The rights offer went as expected.Considering the new share issue  volume, today's share volume is not really high.It is also the first day of trade with the new share volume.I hope the few seller at 9c go away so 10c can be tested.Its a morale booster as we wait for positive announcements from the new directors

[Naxy]

The volume was a bit high today, what was that all about?

[Staghorn]

Results of the rights offer...

 

http://data.moneyweb...s.asp?id=230258

 

 

[ponzi]

Well constructed lay out from BS...

[battleship]

Where are we?

1     option offer poorly accepted.37mill adwn shares at 1c and no takers.This means that mvdm buys our options at8c.IE less shares go into circulation.IE director/investor holdings more to directors.

2     The confirmation of the Knife purchase is good news as they can now stop being cagey on things and declare what the vision is.

3     IE the new top brass take max shares for cheap and launch out.

4     Though disappointed I could not sell my options the lesser amount of shares should improve share value

5     All in all I believe the share will rise from here

[Queen B]

I'm going to be selling my rights

There is no advantage in taking them up. Crazy situation

[Naxy]

So taking up this offer basically means u buy additional shares for 8c? and What value will this add?