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AfriAg - is Jabba The Hutt sure about the balance sheet?

By Tom Winnifrith, The Sheriff of AIM | Monday 14 December 2015


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.


The real elephants in the room for AfriAg (AFRI) are the bombshell issues flagged on Sunday and another few matters that I shall be raising during the next couple of hours. But there is also the matter of whether its (cash light) balance sheet has been reported in a somewhat optimistic manner.


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