Accrol Share Discussion Threads

[lucicavi] 19/3/2018 08:33

folks binning under the price

[yf23_1] 19/3/2018 08:19

Don't say I didn't warn you.

[lucicavi] 18/3/2018 06:25

10p placing suggested for CVR same broker

[thaiger] 17/3/2018 22:33

Don't think they will go bust as they successfully raised £18m via placing at 50p not so long ago!!

[topvest] 16/3/2018 20:13

Who knows. This was a poor quality float sold by vendors who got out at just the right time. Looks like something that could easily go bust to me.

[shawzie] 16/3/2018 19:45

Does the continual fall in share price indicate a poor set of results to come?

[lucicavi] 10/3/2018 08:01

Net bad set of results will see a bowel movement.

[haroldthegreat] 07/3/2018 17:45

has flu killed off all the posters on this board ????????????????????????

[pineapple1] 26/1/2018 09:58

Accrol (LON:ACRL) has been a pretty good disaster. Pay no attention. For I am assured that all will be well in the end. A buy at 37p.

[jonwig] 22/1/2018 18:54

@ walbrock - interesting website you have there. At first I thought you were close to needing FCA authorisation, but I see there's a disclaimer. I'd like to see some personal background and general strategy, or have I missed it?

Incidentally it would never be a "Buffett" stock - it has no moat!

Agree with your analysis of Kromek.

[ewanwhose] 22/1/2018 18:37

I think this will turn into a solid company once they have worked through everything they need after the IPO. There have been (possibly overoptimistic) warehouse reorganisations and improvements in production machinery. Now £400k improvements on Health & Safety - what else might there be? Looking like the vendors got a good deal at the IPO.Can't see what will happen to move the price before the next results but these are on my watchlist as a recovery play.PS: I read 3rd quarter 2018 to be their FY 2018, so the price changes should be now.

[muffinhead] 22/1/2018 15:02

I was disappointed to see price negotiated won't take effect until third quarter 2018. Gives enough time for customer or customers (? which one... could be Lidl ) to source a different supply of stock

Many moving parts and lots of boxes to be ticked off to turn things around. If returns to dividend in 2019...could be about 1.5p and needs to pay down debt
Given low margin for the business and risks, I might be interested around below 25p for a 6% yield on 1.5p
Management clearly screwed up on the forex hedging.

Lots of bad luck for a newly floated bog roll company.

[jswjsw] 22/1/2018 10:31

Debt way up, CFO resignation (but stays with co !!), profit warnings - and maybe more to come. I stick with my target of 14.7p. Now short.
j

[value viper] 22/1/2018 09:36

steady (slow) burn back to 50p ? history is history and the outlook is improved
not for widows and orphans

[opodio] 22/1/2018 07:18

· Net debt rose by £9.4m to £29.3m (H1 FY17: £19.9m)



ouuuuuuch

[muffinhead] 19/1/2018 14:02

Could be talking rubbish but this is second reverse auction of the day. Maybe seller getting best offer on forced sale which is significanly lower than the 50p placing

[ewanwhose] 19/1/2018 13:29

Wondering if buying today is people belatedly picking up the good news on the H&S RNS or Monday's RNS leaking.

[haroldthegreat] 17/1/2018 19:32

well that's £2m less to worry about. I suppose the insurance covers the injury claim. The company will then face an increase in the premiums in future.

No doubt the customers appreciate that they either have to pay more or lose a supplier. Mondays collapse in the building industry will show what happens when companies do not make a reasonable profit on a contract.
I am sure Lidl ( and the other large customers ) appreciate the quality of product they are getting and the service they get and for the sake of a few % will want to maintain the status quo.
if I were in their position I would do a deal paying a little more now in return for a longer term small reduction with Accrol building in a cost plus clause. It is possible they already have one.
In reality if they reduce the number of pieces on a roll nobody will really notice. We are used to shrink-flation .
One only notices when Toblerone do the stupid thing and put extra gaps in. Reducing 2 pieces from the end would not have been so obvious or annoying !

[value viper] 17/1/2018 16:01

significantly less fee just taken here for the health and safety incident - very much positive fwiw ; precursor to an improved (?) statement on Monday I wonder.

Directors all shelled out 50p recently in the fundraise....interesting if nothing else.

[jswjsw] 17/1/2018 14:15

Just been looking at projected EBITDA figures. 2.7m for FY, but then huge declines. We're talking 2019 EBITDA of 1/9th what it was when share price 132p - ergo they're worth 14.7p
Yes, I know there are other measures, but the divi will surely be decimated.

Monday interim too dangerous to wait for IMHO.
Jumped ship.
Will never follow Cawkwell again.
j