Accrol Gp Share Price (ACRL)

Wow 2m shares bought today already

Will get one this month which should take us back above 50p

Up she goes to 42p.

That’s 45% increase since my last post!

Hang in there!

Despite record demand for their toilet and kitchen rolls in the UK. these shares have surprisingly dropped of late to bargain prices. An absolute buying opportunity!

Like many other market shares, these have dropped 30% since Feb, but this is despite their industry, synergies and their record 1/2 year figures.

Prior to Covid-19 kicking-in Accrol already put in place improved production efficiencies and increasing automation, so well equipped for the upsurge in demand.

Coupled with the 13% increase in revenue reported upto end of 1sr 1/2 year in Oct 19, £1.1 million improvement in operational costs and reduction in debt from £9-£3mill I can’t see how we won’t be debt free come year-end and showing record profits.

Can’t be long before we get an update and it’s going to bring us back up to over January’s price again I think.

My gut (pun) tells me that with all this hysteria around the buying of toilet rolls, tissues etc that ACRL should be one of the few businesses to be able to send out a positive COVID-19 performance update??? it would be good to have one Blue share for a day at least... anyone else feel the same?