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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| United Cacao | CHOC | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 50.00 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 50.00 | 50.00 |
| Top Posts |
|---|
Posted at 30/3/2016 11:43 by mortimer7 Mach100, thanks for your kind words & your views on CHOC. I didn't realise there was Midas coverage - that usually helps.I'm also in around 99p so todays rise is very welcome. |
Posted at 05/1/2016 17:22 by pugugly Looks like a long hard haul until shareholders see much (if any) return as committed to using funds when cash flow poitive to planting up smallholder estates so if investing here - (so far as I can interpret the accounts and notices) dividend returns are quite some way in the futureOr have I misinterpreted ? |
Posted at 21/2/2015 22:48 by cerrito Had never heard of this company till in an idle moment I saw the webcast of their presentation at the Beaufort Securities do and too bad that this was not bought up.Not sure what the security situation in Iquitos is like these days and I assume they boat it down the Amazon. hxxp://www.beauforts |
Posted at 24/1/2015 01:45 by cyprussteve Detailed article on CHOC below with legal analysis. |
Posted at 16/12/2014 15:25 by ibug That means that CHOC will eventually produce about 7500 tons through it's 3500 hectares of plantations worth approx $20 million per year gross. |
Posted at 09/12/2014 16:06 by ibug CHOC is going to become a global player from next summer when the first production crops land on the markets. Manufacturers will prefer a supplier from Peru rather than West Africa.LONDON (Alliance News) - United Cacao Ltd SEZC shares were trading higher on their first day on AIM on Tuesday, after the company raised GBP6.4 million in its flotation. The Peru-based cacao plantation company issued 5 million shares at 128 pence per share, giving it a market capitalisation of approximately GBP23 million. The proceeds from the flotation are to be used by the company to extend its planted operations from around 320 hectares now to 2,000 hectares by the end of the fourth quarter of 2015 and for general working capital. "As the first publicly listed pure-play cacao company globally, United Cacao offers investors unique exposure to a global market that has well known and recently publicised supply constraints together with the challenge of rising demand," said Chief Executive and Chairman Dennis Melka. "Admission to AIM is the logical next step towards our goal of becoming the largest and lowest cost corporate grower of sustainable and traceable cacao beans by the end of 2016," Melka added. |
Posted at 09/12/2014 12:43 by andrbea There are recent rumbles (among activists) to bring in labels on chocolate to say made from cocooa beans where no child labour occurs. This would be devestating, of course, for West Africa (where child labour is common). 70% of the world's cocoa beans come from four West African countries: Ivory Coast, Ghana, Nigeria and Cameroon.So in Peru, choc (with its good labour conditions) looks well placed IMO to market its beans. read more at: |
Posted at 05/12/2014 20:28 by share_shark Thank you for setting up the threads andrbea.VSA news. I took part in the Choc IPO and it has done well thus far.##2nd Dec. Here is the VSA news on it and other news . 02.12.2014 United Cacao in Interactive Investor Chocolate IPO goes down a treat 02.12.2014 United Cacao, First Day of Trading Shares in first listed cocoa-growing specialist jump on debut |
Posted at 04/12/2014 09:59 by andrbea /...Shares will begin trading on the London Aim market on Tuesday morning, under the ticker CHOC. United Cacao raised £6.4m from the sale of 5m shares at 128p each, and will have a valuation of £23m. Mr Melka said none of the company’s early funders – its directors and private investors – exited their investments in the IPO, and Mr Melka bought an additional $1.4m (£0.9m) worth of stock. The Czech entrepreneur and former Credit Suisse investment banker has experience on London’s alternative market; he was the co-founder and joint CEO of Asian Plantations Limited, which floated on AIM five years ago at 75p per share and was sold to a strategic acquirer for 220p per share in October, during which time its market cap had grown from £22m to £110m. United Cacao has approximately 320 hectares of planted crops to date and plans to increase that to 2,000 hectares by the end of 2015 using the proceeds from its IPO, before completing the planting of its existing 3,250-hectare estate a year later. As cacao is a slow-yielding crop, which means it doesn’t produce for several years after planting, United Cacao will sell its first batch of cocoa next year and will reach peak annual production of three tonnes per hectare for the whole estate by 2022, producing approximately 10,000 tonnes a year. Although United Cacao aims to become the world’s largest single player in the cacao industry by the end of 2016, the company will control a relatively small slice of the global marketplace. In a 4.5m tonne-per-year global industry, as Mr Melka put it, “that’s a rounding error.” As such a small producer, will United Cacao be able to make a dent in the cacao market it so wishes to disrupt? “Absolutely,&r He believes his company, with its ethical and sustainable approach and its invitation to consumers to visit the Peru plantation, will bring an “unparalleled level of transparency” to the sector. “It’s a real opportunity to change the buying practices in the confectionary industry.” |
Posted at 03/12/2014 14:31 by bongo bwana Have been attempting to buy these for my BBF1 fund in Stockopedia and the shagging system there doesn't recognise CHOC yet!!! |
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