Accrol Share Discussion Threads

[scemer] 20/5/2020 10:38

What do you call 2mill then looks big to me

[red army] 20/5/2020 10:08

Wouldnt say huge.

[this_is_me] 20/5/2020 09:41

Some huge buys this morning.

[red army] 20/5/2020 09:35

First time in as of last week so happy to hold as chart unfolds.

[rampmeister] 18/5/2020 13:26

Breaking out of its long established trading channel. A clear buy signal for the Chartists.

RM

[rampmeister] 16/5/2020 11:50

It's not easy to unearth companies with high eps growth forecasts in the current environment but ACRL appears to fulfil this criteria.

At 44p per share forecast from Sharecast is as follows:-

Year Ending Revenue(£m) Pre-tax(£m) EPS P/E PEG EPS Growth
2020-04-30 132.70 3.80 1.60p 25.6 1.8 14%
2021-04-30 145.00 6.70 2.40p 17.1 0.3 50%
2022-04-30 150.80 10.90 3.95p 10.4 0.2 65%

Assuming they continue to execute in line with these numbers, Liberium's TP forecast
of 75p looks realistic.

RM

[this_is_me] 13/5/2020 14:42

Now well above the pre virus high and higher than it has been since the end of 2017.

[trawl] 07/5/2020 22:14

thats a reduction of 10 million debt in 12 mths
i think they have also spent about 8 mil in the last 2 yrs
half getting out of the property not needed
the rest on new machines updating systems and the fsa enquiry
the future should be good with all the spending done and increasing sales

[chrisdgb] 07/5/2020 09:20

Liberum random thoughts:

Analysts said that the turnaround is near complete while most of the financial benefits are yet to show up.

The toiler and kitchen roll producer is increasing capacity to meet demand, focusing on efficiency and increasing its client base.

“We see market share gains from brands, a shift towards higher product quality and service levels delivering wins in the grocers and a rigorous approach to efficiency should deliver improving margins,” the broker commented.

Liberum estimates the soft tissue manufacturer, one of its clients, has 12% share in a £1.8bn market.

“Accrol also has a huge opportunity to win more business with the major grocers (around 16% of Accrol sales) as the multiples seek to simplify their ranges while at the same time improve margins as they increasingly compete against the discounters.”

The discounters’ channel accounts for 68% of the company’s sales.

[ygor705] 06/5/2020 14:52

Strong trading update. Can't see anything to dislike and loo rolls are likely to remain a sellers market for some little time. Suspect that the MMs are tree shaking in front of what is likely to be a good press tomorrow. Happy to hold.

[mfhmfh] 06/5/2020 09:07

they key point is the debt is coming down significantly. All IMHO.

[this_is_me] 06/5/2020 08:17

…..and little sign of the 'sell on the news' syndrome so far.

[chrisdgb] 06/5/2020 07:22

Very nice looking trading update............

[this_is_me] 04/5/2020 13:13

Highest share price since the start of 2018.

[chrisdgb] 01/5/2020 15:34

Fairly conservative target price from Liberum, I seem to remember Zeus were much higher......

[this_is_me] 01/5/2020 14:40

That was bad timing he could have saved nearly £100k if he had waited.

We are now back to near pre virus highs.

[bb123] 01/5/2020 13:02

Up 5.6% today see details below any thoughts

1st May 2020 10:30 | Accrol Group Hldgs Plc

Liberum Capital today initiates coverage of Accrol Group Hldgs Plc (LON:ACRL) with a strong buy investment rating and price target of 75p.
Director Deals - Accrol Group Hldgs Plc (ACRL)
29th January 2020 09:00 | Accrol Group Hldgs Plc

28 Jan 2020
Dan Wright, Chairman, bought 1,000,000 shares in the company on the 28th January 2020 at a price of 38.00p. The Director now holds 4,077,808 shares.

[chrisdgb] 30/4/2020 08:29

Yep, hoping for a really nice update here......

[trawl] 27/4/2020 18:53

revenue from nov 18 to mar 19 was 57.6 mil
from may 19 to oct 19 was 65mil
the closing of skemersdale should save 6 mil a year
with the fsa investigation over and a good set of numbers expected
buying pre the results is probably the reason for interest now

[chrisdgb] 27/4/2020 13:56

Ticking back up nicely here....

[chrisdgb] 06/4/2020 10:59

Very quiet here, any fresh thoughts..??

[haroldthegreat] 17/3/2020 13:46

does that mean a placing ?

[chrisdgb] 17/3/2020 08:31

Nice to see Liberum added as joint broker.........

[arbus5000] 15/3/2020 18:37

usd unhedged

[this_is_me] 11/3/2020 10:14

Are the imports priced in USD or EUR? EUR has shot up. Are they all hedged?