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CHOC United Cacao

50.00
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
United Cacao Investors - CHOC

United Cacao Investors - CHOC

Share Name Share Symbol Market Stock Type
United Cacao CHOC London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 50.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
50.00 50.00
more quote information »

Top Investor Posts

Top Posts
Posted at 25/9/2015 12:34 by oshy92
Morning. Please find below an update from United Cacao highlighting what has happened since the listing at the end of last year.

www.fmp-tv.co.uk/company/united-cacao-investor-video/
Posted at 21/3/2015 12:33 by sharesoc
UNITED CACAO are presenting at our next growth company seminar on April 21st, investors and potential shareholders may be interested in attending. More details and registration at...
Posted at 21/2/2015 22:48 by cerrito
Had never heard of this company till in an idle moment I saw the webcast of their presentation at the Beaufort Securities do and too bad that this was not bought up.
Not sure what the security situation in Iquitos is like these days and I assume they boat it down the Amazon.

hxxp://www.beaufortsecurities.com/beaufort-investor-evening-5th-february-2015-W21page-178-#choc?jujrtyghfud123249a5363951a175a947a162523
Posted at 09/12/2014 16:06 by ibug
CHOC is going to become a global player from next summer when the first production crops land on the markets. Manufacturers will prefer a supplier from Peru rather than West Africa.

LONDON (Alliance News) - United Cacao Ltd SEZC shares were trading higher on their first day on AIM on Tuesday, after the company raised GBP6.4 million in its flotation.


The Peru-based cacao plantation company issued 5 million shares at 128 pence per share, giving it a market capitalisation of approximately GBP23 million.

The proceeds from the flotation are to be used by the company to extend its planted operations from around 320 hectares now to 2,000 hectares by the end of the fourth quarter of 2015 and for general working capital.

"As the first publicly listed pure-play cacao company globally, United Cacao offers investors unique exposure to a global market that has well known and recently publicised supply constraints together with the challenge of rising demand," said Chief Executive and Chairman Dennis Melka.

"Admission to AIM is the logical next step towards our goal of becoming the largest and lowest cost corporate grower of sustainable and traceable cacao beans by the end of 2016," Melka added.
Posted at 05/12/2014 20:28 by share_shark
Thank you for setting up the threads andrbea.

VSA news.

I took part in the Choc IPO and it has done well thus far.##2nd Dec.

Here is the VSA news on it and other news .




02.12.2014


United Cacao in Interactive Investor

Chocolate IPO goes down a treat


02.12.2014


United Cacao, First Day of Trading

Shares in first listed cocoa-growing specialist jump on debut
Posted at 04/12/2014 09:59 by andrbea
/...

Shares will begin trading on the London Aim market on Tuesday morning, under the ticker CHOC. United Cacao raised £6.4m from the sale of 5m shares at 128p each, and will have a valuation of £23m.

Mr Melka said none of the company’s early funders – its directors and private investors – exited their investments in the IPO, and Mr Melka bought an additional $1.4m (£0.9m) worth of stock.

The Czech entrepreneur and former Credit Suisse investment banker has experience on London’s alternative market; he was the co-founder and joint CEO of Asian Plantations Limited, which floated on AIM five years ago at 75p per share and was sold to a strategic acquirer for 220p per share in October, during which time its market cap had grown from £22m to £110m.

United Cacao has approximately 320 hectares of planted crops to date and plans to increase that to 2,000 hectares by the end of 2015 using the proceeds from its IPO, before completing the planting of its existing 3,250-hectare estate a year later. As cacao is a slow-yielding crop, which means it doesn’t produce for several years after planting, United Cacao will sell its first batch of cocoa next year and will reach peak annual production of three tonnes per hectare for the whole estate by 2022, producing approximately 10,000 tonnes a year.

Although United Cacao aims to become the world’s largest single player in the cacao industry by the end of 2016, the company will control a relatively small slice of the global marketplace. In a 4.5m tonne-per-year global industry, as Mr Melka put it, “that’s a rounding error.”

As such a small producer, will United Cacao be able to make a dent in the cacao market it so wishes to disrupt?

“Absolutely,” says Mr Melka. “Consumers read all about the horrific problems in the cacao industry,” where governments are the sole buyers so they get the profits and leave the farmers in perpetual poverty, “ and it’s very difficult [for high street buyers] to trace where the beans are from.”

He believes his company, with its ethical and sustainable approach and its invitation to consumers to visit the Peru plantation, will bring an “unparalleled level of transparency” to the sector.

“It’s a real opportunity to change the buying practices in the confectionary industry.”

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