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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Abbeycrest | ACR | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 1.50 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 1.50 | 1.50 |
| Top Posts |
|---|
Posted at 17/12/2010 10:39 by moathunter Rainmaker - 21 Jul'09 - 12:46 - 16 of 257I'm a large shareholder and will continue to hold....IMHO definitely one to buy and hold at current levels Rainmaker - 1 Apr'10 - 01:51 - 95 of 257 Value Investor and new Abbeycrest shareholder Peter Gyllenhammar... has timed this one pretty well and I don't think he'll have to wait for a good return here. In short I believe there is terrific potential here. Rainmaker- Pay scant attention to Gyllenhammar's investment choices. Certainly, his annual average return is c. 10% over the last decade. That's c.>8% points higher than the FTSE and excellent for someone managing over £70m (and recent Waterman buy was quite attractive). But a small investor can do better than that due to obvious structural (£) reasons. Personally had a quick look at Abbeycrest at £2.5m. However there's too much short-term pressure compounding the long-term failings. Short-term, high gold price pricing out a weak UK demand for jewellery (over 40% of revenue?), coupled with D/E ratio >0.5 on immediately recallable debt. Long-term, it's a secular failing business model with wafer thin margins and repeated annual ""one-off"" expenses... and changing their business plan within two years of their previous revision. Turn-arounds rarely do. Avoid ACR (it's on a 'popcorn watch' along with other basketcases NTBR, NAR, RCG, UNIQ and HVE). Popcorn anyone? Ben Value? Rainmaker? |
Posted at 03/5/2010 23:31 by knowing The Swedish activist investor is a canny investor. In the late 1990s, he transformed £50,000 into close on £50 million by targeting bombed out or badly run companies and bringing about change. Not every investment paid off though. Mr Gyllenhammar admits to getting it wrong with Yorkshire Group, a chemical company, and the video rental business Choice UK. |
Posted at 26/4/2010 09:16 by nick rubens Some Investor called Peter Gyllenhammar has accululated around 30% of ACR. I've noticed this Guys name seems to crop up on a few small company registers.Anyone know what else he has bought into it? cheers. |
Posted at 01/4/2010 01:51 by rainmaker Knowing, You won't see any more buying from Value Investor and new Abbeycrest shareholder,Peter Gyllenhammar as he reached his target holding of just under 30% where he sits and waits for the gap to intrinsic value to be closed through a rising share price. I think he has timed this one pretty well and I don't think he'll have to wait for a good return here.I like what I seen here-new Management have made a real difference in driving the business forward-cost cutting, falling stocks and debt the Company have abandoned the low price/low margin commoditised end of the market in favour of more expensive value added products. In short I believe there is terrific potential here. Riskier than you average Value share though. regards |
Posted at 31/3/2010 16:06 by knowing I hope that we may see continued buying from our investor. |
Posted at 15/1/2010 11:03 by baner the recent placing of shares should have secured the "going concern" situation of Abbeycrest - they cannot seriously mean that they are not in a position to repay this £1m shortly after the placing - what will be the board´s responsibility if this would indeed be the case - are they liable towards investors? |
Posted at 06/8/2008 12:04 by baner Re "8Trader"the now ousted chairman had a really bad reputation amongst investors. the new man is re-focussing the group, significantly cutting costs and growing the international business. last year´s underlying performance was OK and as some growth and cost cutting comes through in this year, EBT should reach maybe £2m. even with full tax (which they should not pay) EPS would thus reach 5p. the divi will be held back by the burdale facility but as cash flow is positive and stock quite liquid, there should be good chances for A to refinance in a medium term perspective. higher than average risk for sure, but these shares could clearly come back to their NAV - at 40-45p/share - in 1-2 years time. no doubt an attractive risk/reward at 12p. |
Posted at 22/11/2007 10:55 by baner really good news re AGILO Ltd coming in as 10% shareholder today - serious turn around investors who will not sit still for sure. NAV is 3 times market cap today so there is HUGE upside in this if they get operations right. |
Posted at 24/5/2007 13:24 by rainmaker I believe that ACR will continue its ascent in the very near future as there is very little selling-I think that most stale Bulls liquidated their positions on the drop down to 15/17 and some heavy buying still-see this morning trades. I feel that Investors believe that ACR have turned the corner and anything between here and 30p is cheapregards |
Posted at 15/5/2007 12:56 by guru11 They can hide the volumes if over I believe at least I thought it was 6 times NMS, which currently is 10k each way. Maybe the MM dont want a surge of buying or selling, and wish to keep investors in the dark with volumes. |
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