Updates

Asian Citrus - 42% growth in winter orange crop

April 2010

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Asian Citrus has traditionally been a seasonal business, with the first half stronger than the second because of the higher selling price that summer oranges command. However, all this gets turned on its head with the latest H1 to 31 December showing that the winter orange crop has grown by 42% to 114,530 tonnes. Assuming that H2 now produces the similar output of 71,000 tonnes of oranges as last year and commands the usual 40% premium in price to winter oranges, the first half becomes the more prominent half. The rise in the winter crop comes on the back of increased maturity of the trees at Hepu, the original producing plantation (volumes up 2.6% to 53,142 tonnes) and also a greater number of trees coming onstream at Xinfeng (up ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Tikit - Charles Stanley forecast all time record profit next year after cost cuts

Regenersis - Prospective PE of 4.9 but is it out of the woods yet?

Asian Citrus (October 2013)

Asian Citrus (February 2013)

Asian Citrus - Two brokers set 50p price target (December 2012)

Asian Citrus - Cash equates to 60% of market cap. (October 2012)

Asian Citrus (November 2010)

Asian Citrus (May 2010)

Asian Citrus - China inflation firms orange prices (February 2010)

Asian Citrus - Proposes 10-for-1 share split (November 2009)

Asian Citrus - Intends to list in Hong Kong : PE of 10.4 versus peer group of 19.4x (October 2009)

Asian Citrus - Good crop of Winter oranges (February 2009)

Asian Citrus - Benefits from maturing trees (November 2008)

Asian Citrus (August 2008)

Asian Citrus - Shares look set to break higher (August 2007)

Asian Citrus (June 2007)

Asian Citrus (February 2007)

Asian Citrus (November 2006)

Asian Citrus - Gain since December: 81% (April 2006)

Asian Citrus - Extends supermarket supply contract (March 2006)

Asian Citrus (February 2006)

Asian Citrus - Prospective PE of just 5.3 (December 2005)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X