Accrol Share Discussion Threads

[cwa1] 06/1/2017 09:53

Frothy stuff, wonder if it is just recognition of decent results a bit delayed?

[cheshire man] 06/1/2017 08:20

I too was was well impressed melody, a nice move up on the back of it this morning :-)

[cwa1] 06/1/2017 08:19

Excellent start from this one, long may it continue!

[broadwood] 06/1/2017 08:10

Another handy rise at the open. Lets see if it holds.

[paleje] 05/1/2017 18:53

Ditto that melody, I put 5 questions in and all answered either in the presentation or after, nothing ducked incl the last one about holdings:)

I wish more boards were as plain spoken and on the ball. Well worth the time.

[battlebus2] 05/1/2017 18:47

Yes very positive.

[melody9999] 05/1/2017 18:36

Just off the webinar and I have to say I was impressed with our CEO Stephen Crossley. He had a great grasp of the business and market place and gave me confidence that I have placed my funds wisely. Its a comfortable hold for me now and add on weakness.

The last comment was that Stephen will look to increase his own holding when he is able to so do - I look forward to seeing the RNS in due course.

[cheshire man] 05/1/2017 11:08

Yes paleje I also thought PS was unduly negative, let's see how it plays out :-)

A nice divi for holders too

This interim dividend will be paid on 3 February 2017 to Members of the Register at the close of business on 13 January 2017. The shares will become ex-dividend on 12 January 2017.

[paleje] 05/1/2017 09:00

Thanks BB2 but I'm not sure PS has got it right here; he seems to be leaning on his notes from last year for instance the hedging finishing in April. But the company has has extended that (we don't know terms) and as for the anticipated prices increases, which they have acknowledged, it will be a level playing field with all suppliers affected so I don't see why Lidl (which PS cites) should be particularly resistant to a small increase when Aldi and their other competitors are getting the same.

It's interesting that in an increasingly price conscious market they anticipate bigger demand for their products (B&M results would tend to suggest that's happening). Also they're looking at expansion opportunities including Europe which is interesting....where fx could be a positive. Some questions for their webinar this afternoon.

[keyno] 05/1/2017 08:47

I'm not a subscriber so can't read his article but he's entitled to his opinion, bb2, as you are to yours. Time, as ever, will show which is the correct view.

[battlebus2] 05/1/2017 08:32

Paul Scott not so keen in his daily round up last night.

[broadwood] 05/1/2017 08:29

keyno. Thanks. Lets hope its not a bum investment.

Looks promising to me - with a good prospective yield.

[keyno] 05/1/2017 08:11

Nice to see you here broadwood. Just saw your mention of ACRL on the Lloyds thread.

[broadwood] 05/1/2017 08:05

Not much not to like.

I'm in.

[cheshire man] 04/1/2017 13:42

Liked these interims and took some on the dip this morning,,,,DYOR


Dividend

We remain committed to enhancing shareholder value and to the progressive dividend policy discussed at flotation. The Board is pleased to declare an interim dividend of 2p per ordinary share. This interim dividend will be paid on 3 February 2017 to Members of the Register at the close of business on 13 January 2017. The shares will become ex-dividend on 12 January 2017. We remain committed to paying a total dividend which will deliver a strong 6% yield (based on the IPO placing price of 100p per share) for the financial year ending 30 April 2017.


Equity Development
Championing Smaller Companies

"Potential earnings and dividend growth over the new few years should benefit from operational gearing, with spare capacity ready to meet demand from discounters and multiples. That highlights competitive positioning and an undemanding valuation considering the prospective yield of 4.8% this year, strategic positioning and 8.1x PER for FY16/17."

[paleje] 04/1/2017 09:06

ED have a note out this morning, positive as you'd expect, there's a webinar tomorrow afternoon and details of how to access and send questions for the CEO.

[cwa1] 04/1/2017 08:28

Morning All

I was reasonably impressed by what I saw here. Things sound fairly promising to me, so I decided to take a modest maiden stake here. Will keep an eye out for it now and wish all holders the best of fortune, good luck all.

[melody9999] 04/1/2017 08:26

agreed paleje - nice summary

[paleje] 04/1/2017 08:05

Happy enough with that, confident for FY, divi on track for 6p, hedging has paid off and been extended, Lidl trading ahead, evaluating further growth opps both in UK and Europe and they have an expanded production facility to cope. Squeeze on consumer spending expected to work in favour, acknowledge that if fx remains at current level prices increases are inevitable but they will affect all suppliers.

All in all good management and good prospects imo.

FD deserves his skiing holiday:)

[keyno] 15/12/2016 16:36

I'm taking the bringing forward of results as a Good Thing.

Or then again, maybe the FD wants to go on an only recently scheduled skiing holiday...........

[nurdin] 15/12/2016 12:26

Bar those trades marked 'C' ,all those trades in the sell column are actually buys.I have added today so I know :o)

[nurdin] 14/12/2016 21:28

Still under the radar of most.The interims, which I expect to be forecast beating, will hopefully raise its profile and help create a decent following

[paleje] 12/12/2016 12:24

Equity Dev research note out today, not sure if paid for, decent anyway

[shauney2] 07/11/2016 10:53

The CEO purchase gave me the confidence to hold my majority after top slicing.Just bought the slice back on that statement.

[paleje] 07/11/2016 09:34

Unexpected update but welcome, interims brought forward to early from mid Jan per the website a good sign too, they're on the ball.