I bought these share at 45 pence and have since been averaging down, I am no expert but the price collapse down to 45 pence due to some fraud. Since the news flow seems to suggest that this is behind them. Other than the comments I have read today, I am quietly confident the long term average will be back up to 45-50 pence per share. My current average price is sitting at 37 pence.
...They are interesting aren't they? On most boards someone would undoubtedly offer a "someone knows something" response.
Personally, my interest in this company comes from hard facts. The stock is grossly undervalued when considering cash and assets. a bit of rain did not help them this year but that is a blip....what Warren Buffett describes as solvable problem. The share passes a lot more value screens as well.
My main point is this: Historically, share price and value ALWAYS converge. This should eventually happen with ACHL. Fortunately it is quite a defensive sector and with virtually no risk of bankruptcy, your capital is correspondingly de-risked.....You also get a dividend and not many AIM stocks offer that.
This is not investment advice just an explanation of my own research and reasons for investing.
i would have to agree bought into this share recently after reading a article on how price had fallen and may increase in future, first time i had ever heard of (achl) interesting to see larger buys starting to happen although still plenty of sells ,still interesting to see the larger buys
I see people mentioning that this is an unloved share....the quiet nature of this board would seem to corroborate that. Having said that, this stock passes so many value screens. For those who have invested recently I would suggest you've been very canny. The stock is cheap, plain and simple. There aren't many companies on AIM that are as solvent as this.
....seems to be the only missing link here. But could that be changing? This represents real value at the moment and with so much cash in the bank, limited downside. Not gonna sky rocket but could easily see a double return on your investment in 6months - 1 year. Really like looking at the books on this company. After dabbling in other sectors I have to say that I'm almost seduced by the simple nature of their business - they sell oranges to the Chinese....a growing market in the most populous nation on Earth. Financials strong too.
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