Member
Posted 12 November 2014 - 10:10 AM
Last year the interim results were announced on 29/11/13 and the trading statement(regarding the 20% difference from year before) on 22/11/14.
This means that we should hear whats been happening from Feb to this August within the next 10 days or so.The next 10 days should indicate what the results should be as info from within may start to leak out.
Member
Posted 10 November 2014 - 12:39 PM
I agree with Fleetstroke1, some people will make money out of this, most probably friends and family in the small circle. Watch the share price it will move before the action starts.
Member
Posted 10 November 2014 - 12:19 PM
A person close to senior management is of the opinion that we may well see some action very soon as Afdawn has no proved that the Knife Capital acquisition can create a lot of value for shareholders with the in-house expertise i.e. to be able to double the company valuations of subsidiaries. Fleetstroke1 may be on the money.........
I agree that we should attend the AGM as it may well open a new chapter for Afdawn?
Hawk
Newbie
Posted 10 November 2014 - 08:17 AM
afdawn is a joke
But it will make some people very rich, watch this space.....
Advanced Member
Posted 09 November 2014 - 05:11 PM
afdawn is a joke
Member
Posted 06 November 2014 - 03:18 PM
I really hope that many shareholders will attend the AGM. We can not complain and then ignore the opportunity to challenge the Afdawn Board and management on issues that may worry us. There are more than 2,000 shareholders and it seems like that only a handful get to see the real picture?
I am very intrigued by the apparent business model as I understand it; an unsecured lending leg (Elite), some other non productive assets and a division (KC/Grindstone) that is focussed on free and subsidised training and support to selected SME's. This is so 'not sexy"!
From the KC website "Grindstone does not profit from fees nor take equity stakes in any of the participating companies unless arms-length funding terms are agreed upon later on. The business model is based on a long-term upside incentive of investing in some participating companies cultivated through the programme via Knife Capital".
KC was acquired to support the introduction of the so called Afdawn vision and it was stated that there was a pipeline of investment opportunities - nothing yet?
A Rights Issue was done on certain assumptions; shareholders that supported the RI can surely expect the Board and management to apply the funds to the objectives as were set out in the various related document?
Previous SENS announcements re Board appointees gave a lot of background and motivation - not with the latest appointment. How will this appointment add to the entrepreneurial DNA of the Board? (a question not a statement!)
Hawk
Newbie
Posted 06 November 2014 - 10:36 AM
The situation at ADW proves that it was not natural share trading yesterday.... Someone was manipulating the share price.... today there is no crazy hype... someone got scared.
Newbie
Posted 05 November 2014 - 02:33 PM
Yes....movement without information in public domain? I wonder when the JSE will look into who the buyers are?
Something is fishy indeed.... after your comment the share reverts back to yesterday's close.... the JSE must indeed look into this.
Member
Posted 05 November 2014 - 01:58 PM
Yes....movement without information in public domain? I wonder when the JSE will look into who the buyers are?
Member
Posted 05 November 2014 - 01:13 PM
10c breached.they must now slow down.a 100% increase is too volatile.The last run from 10c to 20c happened to quick and collapsed as quick.Nothing is yet announced so I can only assume the ïn clique" are getting information
Member
Posted 05 November 2014 - 11:11 AM
At 11am afdawn has breached 9c with a volume of 5,3m traded.
Member
Posted 05 November 2014 - 09:44 AM
Volumes moving well.9c about to be breached.with full announcement on 27 November,its reasonable the volumes and buyers creep in .
Member
Posted 03 November 2014 - 11:22 AM
3million plus traded this morning and 8c breached.
Its time for an announcement
Member
Posted 03 November 2014 - 09:21 AM
over 2million traded at 7c in first 15 minutes of trade this morning.8c is next
Member
Posted 31 October 2014 - 04:53 PM
At least a professional with ENS reputation behind him. Wonder which of the present Non Executives will make way?
Member
Posted 31 October 2014 - 04:35 PM
OK the new Chairman is also a regular contributor at Grindstone conferences. So we can expect more of the same 'do good' approach.
Hawk
Member
Posted 31 October 2014 - 03:45 PM
That will be very interesting. Besides the point that the information was in 'some' investor's hands before it was on SENS I really hope that he is independent and a member of the present clan.
Hawk
Member
Posted 31 October 2014 - 03:37 PM
Well this will be interesting. Funny how the information seems to be in certain peoples hands before the announcement?
Hawk
Member
Posted 31 October 2014 - 02:14 PM
The announcement that Chris Bull(a leading attorney in patents and intellectual property)has been appointed as an independent NE director is welcoming news.
Why would afdawn engage him if they were on a path of wanting to remain invisible?
The December announcement will be very interesting indeed
Member
Posted 31 October 2014 - 12:01 PM
Today there are 3,7million sellers at 7c and 2m buyers at 6c with a morning volume of 1,8m traded.This has broken the trend of 12m buyers at 5c and no volume over the last 3 months. It appears that some people know something will happen before or at he December announcement.What will be announced should increase the value substantially,or sink the share?
I purchased what I could at 5c as I still believe the former possibility is more logical than the latter.
