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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Accrol Group Holdings Plc | ACRL | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 38.80 | 00:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 38.80 | 38.80 |
| Top Posts |
|---|
Posted at 15/5/2024 16:43 by darrin1471 "Final Offer was approved by 99.12 per cent. of Scheme Shares voted"Our objections were in the minority. I averaged a gain of about 30% over 18 months and ACRL was my largest holding 12 months ago. I'm very disappointed for all those here who invested time and money in ACRL. Thank you to all those who contributed to the ACRL thread. Now where do I put my ACRL money? |
Posted at 15/5/2024 14:21 by this_is_me bye bye ACRL. Very disappointing. |
Posted at 17/4/2024 11:06 by darrin1471 Metsä plans tissue paper mill in Goole. " the capacity to produce 240,000 tons of tissue paper, built in several phases over the next decade"There was also talk on this thread a year ago about a planned mill in North Wales. These projects take years and it was only a few months ago management were saying ACRL were highly cash generative after the investment. |
Posted at 16/4/2024 07:49 by darrin1471 "Something happened" has been a concern for me.That "something happened" is unlikely to be a long term fundamental downturn. I have taken a tour of the supermarkets and discounters and see toilet paper on offer and reduced in price. For example Aldi 12 double rolls have been reduced from 6.99 to 4.99 for the last month. Does that indicate lower prices paid to ACRL or sales volume moving towards the competition. At the same time kraft pulp prices appear to be moving up over the last year. Plus 25% from their lows. I am still very overweight ACRL and I would be thinking of reducing my exposure on the evidence of shop prices and pulp prices going in opposite directions. As Navigator have been in discussions since early January and are an integral part of the industry, then they will know the full facts and reasons. Navigator could even be selling volume into the UK at a loss to depress the UK market. What has stopped me considering reducing ACRL is the current share price is above the offer with 24% of ACRL stock now being held by new opportunistic shareholders and 20% being held by existing shareholders when there has been a chance to sell above the offer price. |
Posted at 12/4/2024 12:06 by darrin1471 I agree. Undervalued and likely to attract a higher offer. I don't think it will be a much higher offer unless there are two bidders. If ACRL were at 60p today I would be happy to continue holding in anticipation of the mill and bolt on acquisitions.The fact that 25% of ACRL stock has moved from existing shareholders to new shareholders at a couple of pence above the cash bid price shows existing shareholders are uncertain of the outcome and hedging their bets. |
Posted at 11/4/2024 16:31 by darrin1471 Trading volumes are down significantly over the last 3 days.By my calculations there are now 7 new declared holdings who have bought at an average above 38p and they now hold about 23%. Lombard Odier and the board hold 34% The other declared holders who have been reducing now hold about 22% If Navigator walk away there will be a bloodbath as ACRL have 23% held by institutions who have bought expecting a higher bid. |
Posted at 04/4/2024 14:13 by darrin1471 foxman14. ACRL will know the rules better than I do.If ACRL had disclosed they were in talks, then I am in no doubt that the share price would have been a lot higher than it is today. Knowing they were in talks in early January, I will go back and listen to the webcast again. |
Posted at 03/4/2024 17:42 by darrin1471 Having read the offer RNS again I note that Navigator signed a confidentiality agreement on 12 January with ACRL which predates the half year results and webcast. |
Posted at 05/12/2023 14:56 by darrin1471 MCB and ACRL are both suppling own brand products but there are some significant differences, some of which become more obvious with hindsight.MCB was a more risky investment but had the greater upside. ACRL is better invested and coped with rising input prices better. MCB had significant debts before input inflation and input inflation could of wiped out shareholders. Pre covid MCB powders market was in structural upheaval as trends changed from washing powder to washing liquid and tabs. New production lines were needed for liquid and tabs which left powders with excess capacity in Europe. This led to uneconomic pricing before input inflation and has since resulted in the closure of competitors capacity. ACRL's main input cost is paper which is an easy enough commodity price to follow. There are other input costs that are harder for supermarkets to see. MCB has over 200 different chemicals in their range of products making their input pricing harder for the retailers to monitor. MCB debt/ebitda is due to fall below 2x this current year and ACRL have been saying they will generate significant cash. |
Posted at 04/12/2023 13:57 by darrin1471 Sphere25. On this occasion I don't think it is a failed breakout. I suspect the ACRL share price was managed down from 36p to 25p to allow NorthEdge to sell 8% to Lombard. I suspect Lombard are selling some of that 8% for a near 20% profit in a month to reduce their exposure. Time will tell.With Lombard holding a 25% stake in ACRL, I would expect them to have a good view of ACRL and its future. I first bought ACRL in 09/22 and it was my biggest holding this year until the recent jump in MCB. I continue to hold in full. I also expect the move to be rapid once the the news allows. Half year results at the end of January |
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