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Asian Citrus - Shares look set to break higher

August 2007

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.

  • Epic Code:
  • ACHL
We were left wondering what it was about when since our last updateAsian Citrus announced that it has moved some way towards developing anagricultural wholesale market for Asian fruit growers (a bit likeSmithfield in the UK - Editor) at its Xinfeng plantation. Thedevelopment will be one of the largest agricultural trade and wholesalemarkets in the southern part of China. The project involves theconstruction of 650 commercial units  which are being sold tolocal producers, who will use the units to sell their produce. Phaseone of two build-phases will comprise 238 units. Around 77% of thetotal units have been pre-sold for £3.58m. Separately, the company has also reported a trading update ahead ofresults in October. The summer ...

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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.

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