Accrol Share Discussion Threads

[justiceforthemany] 19/1/2024 16:37

Multi million share trades today but share price barely moved.

[darrin1471] 19/1/2024 14:40

trader465. Own brand quality is much improved. As good as branded but cheaper. You can get the full range of quality in own brands.
Supermarkets want to replace branded sales with own branded sales because the margin is better. I believe in Western Europe own brands dominate the market.

Last century, by accident, I ate dog in East Timor.

[trader465] 19/1/2024 13:50

If she was a fat dog I’d eat her, it she was a skinny dog I’d sell her on to another customer for a profit, win win.

[stevieweebie2] 19/1/2024 13:43

??? In Vietnam they eat Dogs, if you happened across a dog would you pet it or eat it?
I Mean WTF..

[darrin1471] 19/1/2024 12:37

Which link. You need to be a member to read the test results.

[z1co] 19/1/2024 12:03

Last year the interim Results were on 24/01/2023 , so results most likely next week.

Some large trades taking place today:

3,000,000
4,200,000
300,000
155,000
143,000

[justiceforthemany] 19/1/2024 11:51

Lombard are not far off mandatory offer level of 30%

[darrin1471] 19/1/2024 11:13

Ptolemy. After your correct call on May 12th 2023 have you now been able to "base build" as per your post on 31/08/2023

[ptolemy] 19/1/2024 10:18

'Fascinating' survey of best loo rolls in this months Which? magazine.

[arbus5000] 19/1/2024 09:23

the plot thickens...

[darrin1471] 19/1/2024 07:49

Lombard increased to 28.04%

But there is something odd here

Todays TR-1 is dated 19/01/2024 but the threshold was crossed 17.11.2023 and was notified 20.11.2023

Todays TR-1 said the position of previous notification was 27.10% but the last TR-1 on 18.10.2023 said the notification was 25.61%

[arbus5000] 18/1/2024 12:46

agreed on the growth being better than divs, but this acquisition will have only a minimal impact costing c£1m

[clocktower] 18/1/2024 12:16

Better to have share growth than dividends arbus5000 - I do not like dividends, better to use cash on growth and assets.

[arbus5000] 18/1/2024 10:44

there goes my dividend!

The RNS could include deodorants as it specifically mentions "personal care", listed seperatly from the wipes. Deodorants are listed under Severn Delta products page. Looks like Pitrock is held seperatley, and severn was a previous shareholder (until 2015). Severn increased profits by 25% last year, but Pitrock lost money. Severn could be the supplier.

The further extension into tumbler dryer sheets is also exciting, aside from the greater capability in environmentally friendly products - theyve had quite a bit of success with the bio oceans range, so further scope for synergies here.

[deanowls] 18/1/2024 10:01

I did wonder as the amount of parking on site wouldn’t be sustained with a 5m turnover.

But trust management here they know their stuff.

[this_is_me] 18/1/2024 08:43

They also operate a separate company from the same premises, www.pitrok.co.uk. There is no mention of its products (deodorants) in the RNS and its registered offices are at their accountants office. So it would seem that they are selling the wet wipes and tumble dryer sheets business to Accrol and keeping the Pitrok one.

[this_is_me] 18/1/2024 07:37

Yes, close to the M5, a cheap, profitable small acquisition to help expand the very promising wet wipes arm of the business. Its geographic position may well improve the overall distribution network.

[clocktower] 18/1/2024 07:22

This looks like a really good deal at a remarkably good price. Widen the markets and it will be easy to upscale with the growing distribution and marketing skills the company brings, and it will be able to make savings which will increase the value.

[darrin1471] 12/1/2024 08:07

Keyno: Thanks for pointing out my error. I have edited my post.

[keyno] 12/1/2024 00:55

That update happened last 24 Jan., darrin 1471. Nothing yet on website re 2024.

[darrin1471] 11/1/2024 18:53

edit:

Trading update was 24th January LAST YEAR

[darrin1471] 11/1/2024 14:52

Star Tissue UK Ltd may of been an ACRL acquisition target as they supply the "away from home" market which ACRL were saying they may re-enter.

[darrin1471] 11/1/2024 14:52

duplication of post.

[stevieweebie2] 11/1/2024 14:23

https://www.lancashiretelegraph.co.uk/news/24041898.blackburn-toilet-roll-firm-sold-multi-million-pound-deal/