Accrol Share Discussion Threads

[arbus5000] 12/1/2022 13:42

since when has this forum become overspill for PMQs?

[haroldthegreat] 12/1/2022 13:05

In the telegraph today page 5 Is a picture of jim Shannon in the house not wearing a mask ( I have no doubt he has an exemption ) but in front of him are 2 mps wearing cheap masks that prevent them transmitting the virus to others ,but if Jim is incubating covid he will be spread the virus to them ! He may have had a lateral flow test but have given a false negative result ! All 3 of them are not social distancing
Why aren't they wearing FP3 masks .they are not socially distancing themselves either

[haroldthegreat] 12/1/2022 12:32

The published photos show they were socially distancing .
I bet in every business establishment in the country people in corridors are closer than they are !!!!

[haroldthegreat] 12/1/2022 12:15

The real question that should be asked in was it only for no 10 workers ,in which case it was ok as no increased risk of spreading the virus to others or was anyone outside of no 10 there .in which case there is case to answer anyone outside of no 10 would be acceptable if they in the course of official business would go there routinely .

[haroldthegreat] 12/1/2022 12:03

We are wasting too much time on criticism of no 10 garden drinks ! They are working together so trying to compare it to a funeral is a farce .at a funeral people might come from all over the country and so risk spreading it nationwide .
The no 10 workers are mixing with each other every day so walking through a corridor risk passing it to each other .in the garden they said social distancing in the invitation . We have a mess in this country and wasting time on this isn't productive . Anyone want to start up a common sense party ! Dominic Cummings could be asked to lead it .He may have been stupid over his long distance eye test but he does want to shake up the civil service and make it more efficient which is why he was hated so much !

[john09] 12/1/2022 11:55

As i have said previously. Bog Roll

[haroldthegreat] 12/1/2022 11:53

What we need is for somebody to realise the zero emissions policy will not work and to allow fracking in UK to enable access to our own gas supplies and lower UK electricity prices .

[haroldthegreat] 12/1/2022 11:47

The pressures they are experiencing will be worldwide on all manufacturers so as they are well established with their customers they will be able to negotiate increased prices Will a large retailer want to change supplier and risk disruption knowing eventually the new supplier will have to raise their prices because of their increased costs ?

[dr biotech] 12/1/2022 11:19

Bought these at 60p at the start of the year - took the hit after the 1st profits warning (lost about 20%), I guess this is the 3rd. It may be all the bad news will be out next week. I can't see any real point in buying before then. Wood prices seem to have peaked last year - think energy prices will stay higher for a lot longer, Centrica seem to think so.

On the watchlist, but any recovery looks some way off to me.

[stevieweebie2] 12/1/2022 11:14

Took the 1.5k intraday profit, lets see what happens when the results come out, its not going to soar even if it rallies so the risk is now mostly on the downside.

[warranty] 12/1/2022 10:32

Oh dear “strategic review” which is rarely good news. Until there’s more clarity on that I’m staying out!!

[arbus5000] 12/1/2022 09:24

I've picked up a few hundred shares. A bit of an over-reaction - the trend rate of sales was always going to fall, and rising costs. Acroll remains well placed though until bidets are no longer considered taboo :P


Would be interesting if the Morrocan reel manufacturer is still a shareholder / was the one responsible for the surcharge as mentioned in the update.

[john09] 12/1/2022 09:20

The price relatively ok? Are you on smack

[value viper] 12/1/2022 09:20

Shame about further pressures on business - fairplay to you guys that held off investing.Interesting thus far to see price relatively ok - indicative that bad news very much already baked in - institutional holders are sticky and buyers come In seemingly now for the future - balance sheet robust is key - now strategic review of business - this could mean one or two things ....

[stevieweebie2] 12/1/2022 09:03

And yes buywell, re your point on TR's yes ive been doing this long enough now, they come in three's ;) so they say.

[buywell3] 12/1/2022 09:02

Things seem to be getting worse chartwise

at times like these imo better waiting for a bottom on the chart to form


free stock charts from uk.advfn.com


Good luck

[scemer] 12/1/2022 08:59

Stevie agree with your views i believe they are on top and the company is not in a pre turnaround position which would be a concern

[stevieweebie2] 12/1/2022 08:44

Hi BW
No but Mills will be better hedged this year hence not quite as much pressure to pass down to convertors like accrol, as ports become slowley unlocked materials will flow better, also raw material costs have peaked at the moment after a steller run last year, as I said previoisy and Accrol state,its a timing issue, they are well behind the 8 ball as the yanks say as they have been unable to pass costs on fast enough, again while inflations here to stay IMHO for this year at least I belive they will be better placed at least to have started to get ahead of the market. all IMHO no adice intended.

[buywell3] 12/1/2022 08:33

Well called stevieweebie

Must be others like this coming that have got caught out on production costs

Do you expect gas prices and other supply costs to resolve in 2022?

This was profit warning number one was it not ?

Remember what they say


free stock charts from uk.advfn.com

This share is in a downtrend mode since the start of 2021


dyor

[stevieweebie2] 12/1/2022 08:31

okay im in again, that 20k buy at 23.2 was mine. lets see what 12 months does to the share price

[stevieweebie2] 12/1/2022 07:21

There we go. As previously stated.

[masurenguy] 12/1/2022 07:09

Profit Warning !

Trading Update

Accrol provides the following trading update for the current financial year ending 30 April 2022.

In the period since the Company's last trading update of 20 October 2021, the Group has experienced further inflationary pressure on input costs including pulp prices, supply chain costs and most significantly energy costs. In light of these cost increases, the Group has implemented further cost efficiencies and has engaged with all its customers successfully securing substantial price increases, over and above those secured in mid-2021 and, as a result, the Board was confident of meeting its revised expectations for FY22.

However, unavoidable surcharges to parent reel prices, relating to exceptional energy price increases, have very recently been levied on the Company, which will significantly impact margins. The management team has experience of successfully managing inflationary pressures and the Board is confident that this is a timing issue and that further cost increases, including these recent surcharges, will continue to be passed on successfully to Accrol's customers. The underlying business is in good shape and the Board remains confident in the medium-term prospects for the Group.

Despite continued supply chain disruption, particularly at ports, around the world and specifically in the UK, the business continues to manage customer supply well, having secured and maintained additional stocks in paper and finished goods. In FY22, revenue is now expected to grow by 17% to c.GBP160m (FY21: GBP136.6m), generating adjusted EBITDA(1) of c.GBP9.0m (FY21: GBP15.6m) with margin recovery anticipated in FY23. The Group continues to operate well within its existing banking covenants and has more than sufficient liquidity to meet its existing and future needs.

In light of the above and the short-term but inherent volatility of earnings experienced in the current year, the Board has concluded that it is now appropriate for Accrol to conduct a full strategic review of its business. Such review will be designed to capitalise on the evident strength of the business' market position, its balance sheet, and its solvency, underpinned by significant banking support, to ensure that the shareholder value is optimised. A further update will be provided with the Groups H1 2022 results, which will be announced on 18(th) January 2022.

[value viper] 12/1/2022 07:09

Hhmm shame Indeed further cost pressures etcStrategic review now - no need for more funds is very important Gonna end up a sitting duck for a takeover possiblyThese pressures will mean in timeI wonder though how long this business may remain independent