Updates and Ideas

Asian Citrus - Benefits from maturing trees

November 2008

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.

Prices for soft commodities have fallen at the same alarming rate as that of industrial metals. This has left shares in Asian Citrus (ACHL; 154p), which owns three orange plantations in China, back towards levels seen at the time of their AIM debut three years ago even though this is a much more established business now. As old timers will remember, Asian Citrus was effectively established when Tony Tong, a Hong Kong entrepreneur, 64, and his son Tommy, 37, the present chief executive, acquired their first plantation. This was the Hepu plantation located in Guangxi region and was bought from Dole/Tropicana in 2000. Tropicana had made substantial investment in the plantations but a bid from Pepsico, whose main business was brand ma ...

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Directors' Dealings - Oct/Nov 08

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 - 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 (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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