ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

SORB Sorbic Int

2.50
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sorbic Int LSE:SORB London Ordinary Share GB00B3CX3F30 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.50 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Sorbic Share Discussion Threads

Showing 26 to 50 of 150 messages
Chat Pages: 6  5  4  3  2  1
DateSubjectAuthorDiscuss
27/10/2010
10:25
J,

I'm here and watching.Waiting for news that the first halfs drop in profit is an abberation and news that the Mongolian plant is on stream.No rush for me to get in but I'll buy when the above are resolved.

serratia
27/10/2010
10:15
Couple of buys this am....one of which was mine.
jonny flame
12/10/2010
12:04
Picked up a few more this morning, long term hold.
jonny flame
11/10/2010
16:06
some volume on PLUS today for the first time in almost a month as well as the LSE trades
davydoo
11/10/2010
15:41
I think the other holdings deemed 'not in public hands' are other directors holdings, who dont hold 3% or more individually, and so arent reported as having 'significant shareholdings', but their holdings will probably be detailed in the annual report. I havent looked lately.
davydoo
11/10/2010
15:35
I was working on the following; 60.4% + 20.4% + 6.7% = 87.5%
jonny flame
11/10/2010
15:27
I agree, although i actaully thought it was higher, 91.6% according to their website;
davydoo
11/10/2010
15:22
The point about the shares in issue is that there aren't many and that 87.6% are held by the major shareholders (please correct me if I am wrong). So with only 12.4% of the shares as a free float and with so few shares in issue when there is any decent volume the share price shoots up.

Anyone agree/disagree with the above statement?

jonny flame
11/10/2010
15:13
P6 - look at the earnings per share 2009 & 2008.

Long term hold for me.

jonny flame
11/10/2010
15:10
Thanks mate.
jonny flame
11/10/2010
15:09
Hi UK invesort220 - please could you add the following information to the header;



Shares in Issue 33,388,499

Sorbic International, based in the Chinese province of Shandong in the People's Republic of China, a region with a population of circa 94 million, is involved in the production and sale of the food preservative sorbates.

Sorbic listed on AIM in September 2008 and operates from its 33,000 m² production facility in Linyi City, (population 10 million), Shandong Province. The Company will double its sorbate production capacity to 15,000 tpa with 2 new lines to be located in Inner Mongolia. These are expected to be completed in autumn of 2010, with a total investment of RMB 103.5m (£9.3 million).

Sorbic International is the third largest sorbates producer in China, with a current production capacity of 7,500 tonnes per annum of sorbate, 46% of which is exported to the European and North American markets.

Sorbic operates within a growing industry with global demand for sorbates being driven by the increase in the world's population and higher demand for food. As Sodium Benzoate, the main alternative to the Company's product is being phased out in the US, Europe and Japan, the market opportunity for Sorbic is significant.

Last updated 07 Jun 2010

jonny flame
11/10/2010
15:08
Trading Update 27 Aug
Sorbic remains profitable and cash generative. As announced at the interim
results in June this year, the Company's profitability in the short-term will
continue to be impacted by environmental factors such as power outages.
However, the move to the Inner Mongolia site underpins Sorbic's growth prospects
for the longer-term and Board is confident that the Company is well positioned
to capitalise on the anticipated growth in both exports and the Chinese domestic
market.

ukinvestor220
11/10/2010
08:17
Picked up a few shares, looks way to undervalued.
jonny flame
28/9/2010
20:09
HHMMMM just doing some research here...looks like this board could do with some action !!!
sirmark
12/8/2010
15:36
ah checking at some low PE stock and who do i find
nissi_beach
17/5/2010
08:38
I have 100k of these bt in the mid to low 20s.Looking at CFC share rise on their factory opening there must be big upside here when they open capacity in Q3,Given they come from same stable Sorb look vastly undervalued compared to CFC.They are on a pe of abour 4.5 historically compared to 18 for CFC.
mikeja
15/4/2010
10:46
Here's an analysis of SORB written on the Motley Fool site:
chrisbrown71
14/4/2010
17:13
Double Drat.
davydoo
14/4/2010
15:45
Drat.

I knew I should have bought some.

Good luck to all who did.

evaluate
09/4/2010
15:26
You should be able to get quoted inside the spread most times of the day. I am purchasing 1p inside, using a regular old III online account.
chrisbrown71
09/4/2010
14:37
Ah.

Keep getting caught out on that.

Tbh, it's as much the spread.

3p on a 23p mid price is too rich for me.

evaluate
09/4/2010
14:29
Evaluate - I agree on the topics of liquidity, but the rise on low volume isn't quite as bad as you say. Have a look at Plus trades too - there have been about £10k worth of buys there today.
chrisbrown71
09/4/2010
10:51
I took it off monitor too on 3 facts.

Just 2 market makers.

They have too wide a spread.

And what that poster pointed on delisting fears.

Good luck to those who hold though.

watchout2
09/4/2010
10:33
I thought that too.

I'm afraid the massive spread & total lack of liquidity is going to rule this out for me.

Watch it 10-bag now!

evaluate
09/4/2010
10:29
Could be linked to the big rise in CFC late yesterday
davydoo
Chat Pages: 6  5  4  3  2  1

Your Recent History

Delayed Upgrade Clock