Register
Login:
Share:
Email Facebook Twitter

ACHL Share Chat - RSS Feed

Asian Citrus Share Chat (ACHL)



Share Price: 12.50Bid: 12.25Ask: 12.75Change: 0.00 (0.00%)No Movement on Asian Citrus
Spread: 0.50Spread as %: 4.08%Open: 13.875High: 14.00Low: 12.375Yesterday’s Close: 12.50



Share Discussion for Asian Citrus (ACHL)


Thread ViewThread View
Please Login or Register to post messages
Posts per page:


pablo2
Posts: 5,266
Observation
Opinion:No Opinion
Price:34.50
Elliot
15 May '12
Read Merryn's article and http://www.cfo.com/article.cfm/14633291/1?f=search but still really none the wiser. Don't know if executives at ACHL have incentives that kick in with improved EPS but whatever the idea of this buyback which has cost £2.335m so far(my calculations), it doesn't seem to be holding up the share price. Perhaps they are buying shares which they consider undervalued. Anyway, I hope we're now down to support and can resist dropping further. I always look at the HK ACHL price and we seem to take our lead from that - they close at 9 am London time.

GL All
 
ElliotWave
Posts: 1,958
Research
Opinion:No Opinion
Price:35.75
Money week article:
14 May '12
zigstock
Posts: 4,473
Question
Opinion:Strong Buy
Price:36.00
pablo
14 May '12
I like the fact this board is quiet as we can keep on buying at these low levels. Can you answer me a question buddy...........ACHL are repurchasing and cancelling which I presume is better than holding in treasury? Am i correct in thinking that?
pablo2
Posts: 5,266
Observation
Opinion:Strong Buy
Price:36.00
Ongoing Share Repurchase
14 May '12
By my calculations, at an average repurchase price of, say, 38p, we've now spent £2,335,480 on the 6,146,000 shares we've repurchased for cancelling. These are always repurchased on the HK exchange but the price in HK seems pretty well pegged to the LSE price. The Outstanding shares on each exchange are shown as 1,224m so presumably these pooled together to make the total. We've now cancelled 0.5% in this repurchasing programme.

What is the point? It's now getting cheaper each day to cancel shares as the sp drops. We won't have to pay divis on these shares in the future. Is it helping to shore up the sp?

Hoping for a bounce back off support @ 35/36 soon. This board is toooooo quiet.
pablo2
Posts: 5,266
Observation
Opinion:Strong Buy
Price:36.50
Divi
11 May '12
paid also.

Bit worrying how this is drifting nearly every day. It's got to be a slow one for news due to the nature of the business I suppose - oranges don't like being shouted at. As Taffer stated on Apr 22, there are a few news items in the next few months but nothing expected imminently. Support level @ 34-35p? So should stop drifting and bounce soon.
zigstock
Posts: 4,473
Observation
Opinion:Strong Buy
Price:36.00
divi
10 May '12
PAID!!!!!!!!!!!!
pablo2
Posts: 5,266
Observation
Opinion:Strong Buy
Price:37.75
Mulled
27 Apr '12
36p does seem to be the support level in the past. I suppose it was perhaps 'overbought' - hopefully it'll come right back. Did you see my thoughts on WEIR?
mulledwine
Posts: 35,667
Off Topic
Opinion:No Opinion
Price:38.25
ACHL
27 Apr '12
Possibly 36p coming and then bounce?
mulledwine
Posts: 35,667
Off Topic
Opinion:No Opinion
Price:38.25
ACHL
27 Apr '12
Seymour Pierce maintained its "buy" stance on Asian Citrus (ACHL), with a 65p target price. The broker's has visited the company's fruit juice division, BPG, and noted that lower concentrate sale prices have been compensated for by cheaper local fruit costs. Additionally, Seymour Pierce noted that the firm's margins improved in the second half of the financial year due to the production of the more profitable pineapple juice concentrate. The broker said that the facility has capacity for 40 thousand tonnes of concentrate per annum and added that a second plant with equal capacity is scheduled to be commissioned in the fourth quarter of 2012.
LOOK@MYWAD
Posts: 200
Observation
Opinion:Hold
Price:39.75
. . . . . . . . + or -
26 Apr '12
. This minimal repurchase of ACHL shares every trading day does not seem to have any effect on the share price .......... It seems to me that the company needs to up their game a bit.



Share Trading BrochureRequest your Free brochures on share dealing, spread betting and CFDs

Sign up for Live Prices
Home  |  Contact Us  |  About Us  |  Careers  |  Advertise with Us  |  Sitemap  |  Terms & Conditions  |  Cookies  |  Privacy


Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.