Interesting mention of Agility Copy of my post, on this bb August, re Agility, Agility CEO (Africa) is Geoffrey White. GW is David Lenigas former business colleague from Lonrho and other business interestsExtract from article, full article and link belowVA: South Africas FMCGs sector is shining at the moment. Are you taking South African companies into the rest of Africa through your logistics parks or are there new companies being set up in respective countries?GW: So its kind of interesting there are three client profiles. There is big existing multi-nationals, who want to come into Africa as a continent; there is clear demand from South African companies who are expanding very quickly northwards seeking cold chain and warehousing as they expand into the rest of Africa and the third type of client are local companies that find it difficult to raise capital to build their own infrastructure.Full Article[link] White, the CEO of Agility Africa is an expert on infrastructure development, retail supply chains, agri-business and investment in African markets. He currently leads Agility Africa, a leading global provider of logistics and related infrastructure solutions for the oil and gas and FMCG markets and also manages $5bn in revenue, 22,000 employees and office in more than 100 global locations.To date he has commented on Africa for the BBC, CNN CNBC, Forbes the Royal Institute for International Affairs and the World Economic Forum.He sits down with us to share his insights on the pragmatic investment role Agility is playing in Africa.VA: Can you give us a bit more background around the 70 infrastructure hubs Agility will be investing in across the continent especially in the light of Africa having more than 15 percent of the world natural resources and yet slim on the downstream and supply chain models?GW: At the end of last year we signed off on a new strategy and Agility has been operating in Africa for the last 60 years, meaning we understand and have empathy with the market and the opportunities.Agility is a global company with $5.5bn revenue and we distribute all around the world. We have been very project focused in Africa until the end of last year. At the end of last year we thought there is a clear opportunity to build and invest in infrastructure in the continent and create a number of Agility distribution parks (or Logistic Distribution Parks) the ideal size of each will be 100 acres and we have already identified 70 locations that we will develop over the next five years. So this is a five year project that will create 10 million square meters of warehousing on the continent and comes in at around $4bn in investment.What it is really driven by is our global customer network that has bought into the opportunities in Africa, understanding the growth of the customer base on the continent from one to two billion consumers by and is looking for that missing link, the route market of world class and international standards. Already we as Agility have 21 million square meters of logistics parks around the world, with the concept to replicate this business model into Africa. Without saying then, when our clients in Singapore, London and New York, we can offer them the same world-class services they already receiving.The first project has been sign this past December and under construction in Ghana, were very bullish about Ghana as a market with opening planned for Q4 this year and already signing in tenants. We also bring what we define as our service level agreement, so when you come into an Agility Logistics Park the power will never go off, the ICT will never go down and it will be a secure environment.VA: South Africas FMCGs sector is shining at the moment. Are you taking South African companies into the rest of Africa through your logistics parks or are there new companies being set up in respective countries?
Interest Some interest this morning - good news on its way perhaps.
About bloomin time Brilliant news, now we know the names and it is as most of us have been coming up withPFC Integration, PDR, Yusuf Kajee, Black Empowerment Initiatives,TobaccoGood to see Agility mentioned in there as well, that should be big for logisticsNew company names we hadnt come up with, ATM, Cato Producewww.afriag.com/docs/default-source/corporate-documents/click-here-to-view-afriag's-magazine.pdf?sfvrsn=4
Re: volume stats www.lse.co.uk/SharePrice.asp?shareprice=AFRI&share=afriag
we don't seem to have much nouse here Looking at the trades it seems the volume is all down to sells. I couldn't see where that was showing on iii so had a look at LSE below. What did strike me, looking at user holdings on both iii and LSE, us Afriag holders dont seem to be doing too well as far as AIM goesIt will turn.......we will all get all that long awaited data soonwww.iii.co.uk/research/LSE:AFRI/holdingswww.lse.co.uk/SharePrice.asp?shareprice=AFRI&share=afriag
RNS ........Dated 4 April 2014........AfriAg intends to report this data on AfriAg SA on a six monthly basis for the periods ending 30 June and 31 December and within 2 months from the end of these periods in order to keep shareholders appraised of the company's progress.Any revenues due to the Company would be by way of periodic dividends from AfriAg SA. The Company is not anticipating any dividends in the short term as excess capital is being retained in the South African based business to assist with growing the business.unvrkwCan anybody say if there is any excess capital? Can the data reported by Afriag SA be verified by independent consultants or Nomads? If AfriSA are a private company, how can we know how well this business is doing. I suppose we have to rely on trust, from those nameless and faceless ones in SA. Thats ok then, its all looking good so far
SP Bearing in mind that Leni has bought a fair number recently at 0.40 and 0.45 the less than 0.30 today may seem a bit of an opportunity to top up. The second half we are told should be better so a useful profit could be on the cards.
not too bad I suppose [link] need to see whats in it for PLC
old tweets [link]
Thats was I was thinking Kenny100 That is exactly the era I was thinking, flowered VWs but I was thinking hippy movement rather than beach boys and surfers. Late 60s early 70s. Still dont see how it fits with modern advertising in the Middle East. The bottle looks like a photo set up and the slogan "youve tried the rest now try the best" bit unimaginative for a marketing campaign in Dubai. All sounds a bit iffy. Not convinced yet, we will have to wait and seewww.google.co.uk/search?q=hippie+flower+art&rlz=1C1AVNC_enGB605GB605&espv=2&biw=1440&bih=775&source=lnms&tbm=isch&sa=X&ved=0ahUKEwi9qb-6kqDJAhXHPBoKHbXAB1QQ_AUIBigB
Re: a daft thought Im thinking the Black Economic Empowerment inititiatives could do better than work a conglomerate that has its feet in the London Rhodesia brandsA new start all round so to speak
a daft thought Could it be possible that ALL things Lonrho are going to be transferred/repackaged/rebranded from the Lonrho brand into AfriAG brand?Lonrho perhaps no longer the acceptable face of a new era post apartheid, A reminder of old loyalties and colonialismWith this in mind, Afriag SA, pan African, could not be more than 49% owned by any other entity that is not pan AfricanDid wonder about that water advert, its very 70s style. Also, dont see how that image is going to be used to advertise in the Middle EastNot understanding all that, its all disjointed
Did they keep a bagful of Lonrho stuff???? it makes you wonder if they really sold it allTotally useless info - Karoo is familiar to Lonrho and Lenigaswww.tmcnet.com/usubmit/2007/03/14/2421563.htm,,,,,,,,,,,,,,,,,,,,,,,,The aim of Lonrho is to have an interest in every country in Africa over the next two to three years focusing on that portfolio and mix, he said. Lenigas said Lonrho owned a 4,3% interest in Brinkley Mining, which had uranium assets in the Karoo.....................
Cape Karoo brand mineral water Not sure if the links will come outIs this the CK range?Should please Kenny over on LSE. Cape Karoo is mentioned on the Victoria Falls tour[link]
Re: Bottled Water should say, never had had to think about a world war