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Asian Citrus - Proposes 10-for-1 share split

November 2009

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
  • Price:
  • 370p
Asian Citrus' Hong Kong listing is imminent with the application to list its shares submitted and a notice of a special general meeting sent to shareholders. No new information to emerge within the document except to say that a one into ten share split is being proposed which will  help liquidity, particularly in Hong Kong where shares are traded in board lots.  Separately, Asian Citrus has been selected as one of the best companies in the 4th Annual Forbes Asia 'Best Under A Billion' list. The ranking puts Asian Citrus amongst the top 200 listed companies in Asia Pacific from a universe of 12,000 publicly listed mid sized companies based on profitability and growth prospects. Seymour Pierce has raised its target ...

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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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