Share Name Share Symbol Market Type Share ISIN Share Description
Achp LSE:ACH London Ordinary Share GB00B1Z5KB73 ORD 2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 13.50p 13.00p 14.00p 13.50p 13.50p 13.50p 0 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Nonlife Insurance 0.0 0.2 -2.7 - 15.95

Achp Share Discussion Threads

Showing 1 to 2 of 25 messages
Chat Pages: 1
DateSubjectAuthorDiscuss
15/10/2017
12:08
See from the interims that they have tidied things up a little. Asta Capital is worth £20m and trading well. Some positive news flow on Asta's web-site which indicates growth in the current year. Preference shares have been repaid. Share capital of Asta Capital was reorganised in the summer. Is this a precursor to a listing of Asta Capital? This could mean a listing through a reverse takeover which is what I have always hoped... "The strategy of the Company is to manage and monitor its investment in Asta while actively supporting Asta's strategic growth plans and to focus on minimising its cost base." If it did happen it would probably be Q1 2018, I would guess, given that both companies have a December year-end. Equally Asta could list in its own right which might be a cleaner scenario, albeit you might have a position where ACHP needs to sell a large block eventually which wouldn't be ideal. ACHP could stand for Asta Capital Holdings PLC - a coincidence or a marker for the future name change!? Will need some dividends from Asta going forward to service the c £2m of remainder debt and cover running costs. Think some sort of strategic move is needed to optimise shareholder value here or else it will languish on a big discount to intrinsic value of its main investment. Personally, I think Asta Capital is probably worth closer to £100m if it IPOd in current markets.
topvest
15/7/2017
14:46
A very new odd name .....ACHP - very much looks like this vehicle could now be used to list Asta Capital, a lead third party managing agent on Lloyds. For some reason they have picked a very odd new name for the company. Looks transitional to me. Not announced either. Almost as though they are making no effort. Of course, they could be looking to delist, but TAWA have been fair to minority holders up until now and so I remain optimistic. Thoughts from anyone else?
topvest
Chat Pages: 1
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P:40 V: D:20171117 19:47:11