Updates

Asian Citrus - Two brokers set 50p price target

December 2012

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, the largest orange plantation owner and operator in China, has reported that its winter crop of oranges from the Hepu and Xinfeng plantations were 164.3 tonnes, a 3% fall on last year whilst prices have “increased by less than 1%.” Contributing factors were that 60,000 winter orange trees at Hepu were replaced with summer ones although the low inflationary environment in China has also made price increases difficult to negotiate. But what has clearly irked the market has been the sale of 50m shares at 35.12p by Market Ahead, a vehicle for the Tong family. The sale worth £17.6m, equates to 4% of the equity. Quite what their plans are for the cash has not been made public. Both Liberum and Seymo ...

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Wilmington

Zattikka

Asian Citrus (October 2013)

Asian Citrus (February 2013)

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

Asian Citrus (November 2010)

Asian Citrus (May 2010)

Asian Citrus - 42% growth in winter orange crop (April 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.

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