Bowman
25 Sep 2015
Re: Where are the results?? I take the "suspended" bit back, since I see that the LSE quote is active and trading.
Bowman
25 Sep 2015
Re: Where are the results?? Looks like the shares may have been suspended![link] looks as if we may have to brace ourselves for some bad news.
LoadsaDosh2
25 Sep 2015
Where are the results?? Due today but where are they? If they are being posted late they must be horrendous. On that basis and the niggling feeling that this is another scam like NBU and CAMK, I have sold out at a large loss; just salvaged what I could.
DannyQSee
17 Aug 2015
Re: From Barc Board China Investing! No worries... I think any investment in China is tricky right now.Even if the company is solid if the market goes belly up, there is very little you can do.I'm happy that I bought these at half the price they are right now, but I'm standing on the sidelines right now with anything to do with the Chinese market, there is just too much risk right now.
tornadotony
10 Aug 2015
Re: From Barc Board China Investing! DannyYou have the wrong end of the stick. I had no idea about the chops and how they were managed in China. It was something incredibly important for the company to be fully transparent about which they could easily deal with. The key is everyone knowing how that issue is managed and not to get caught out. In the meantime ACHL has the typhoon blues. August is always a low month. Buy these after mid September when the monsoon and typhoons seasons are coming to a close if you want a punt here. Likely to see another 2p fall off before it bounces back again into a good growing season.TT
DannyQSee
30 Jul 2015
Re: From Barc Board China Investing! What has this got to do with our company??Just by posting it every few weeks doesn't make it any more interesting.There are always risks in investing in any country, look at RBS, Tesco, Enron, Lehman Brothers Bernie Madoff and many many more!That's why it is so important to have a varied portfolio, small percentages in one company and spread to various sectors or countries.
tornadotony
05 Jul 2015
From Barc Board China Investing! Be careful folks who hold the chops on this one. Gold and Silver posted on Barc BoardBeware Investing in China Posted by Douglas Lawson on 26/Jun/2015 It's all Wong "Chop" is a word that I have had little use for until recently. Since entering my lexicon around 12 months ago I have been using it with increasing frequency. In China, "chop" refers to a physical device, containing a company's seal, that is used to transact official business. Each chop must be approved by the Public Security Bureau (a Government office that acts as the provincial police) and a company may have various chops for different purposes, for example opening bank accounts, authorising invoices and paying suppliers. In the UK the signature of a legal representative of a company is normally legally binding but not in China. In China, it is possession of the chops that matter. I was to find this out the hard way. I first heard of Sorbic International plc ("Sorbic"
in May 2010 when John McLean, the Chairman, came into our office in Edinburgh. We knew John through an investment in China Food Company plc, a manufacturer of animal feeds, soya sauce and other condiments. Five years ago, the UK, like much of the western world, was in the depths of the biggest recession since the Great Depression of the 1930s and the prognosis was bleak. On the contrary, China was continuing its breakneck rate of growth and overtaking Japan as the world's second largest economy. Consumer spending was soaring and Sorbic offered us a means of exposing our funds to this trend. Sorbic's business is the manufacture of sorbates, namely sorbic acid and potassium sorbate which are used as food preservatives. Sorbic had listed on AIM in September 2008, raising £6 million through Finncap, the small cap London broker. Sorbic operated through a wholly-owned subsidiary called Linyi Van Science and Technique Company Limited ("LVST", based in Linyi, Shangdong Province. Increasing demand for sorbates led the company to look for a new factory site where new capacity could be installed. This search led to Ulanqab in Inner Mongolia, over 1,000 miles from Linyi, where LVST would have better access to export markets and could take advantage of cheap land and financial incentives to build a factory that would double the existing capacity and feed burgeoning global demand. This new factory would be funded by the combination of a loan from Mr Wang Yan Ting ("Wang", pronounced 'Wong'), the CEO of Sorbic and founder of LVST, and a £3.5m placing of convertible loan notes (the "Loan Note(s)". The Loan Notes would pay a coupon of 10% and would convert (at the option of the Loan Note holder) at 32p, a modest premium to the share price at the time. As an investor, this opportunity ticked lots of boxes. Here was a chance to access the fast growing, Far Eastern consumer economy in a protected instrument that was secured on hard assets and paid a generous coupon. What's more, if Sorbic delivered on its plans, we could convert into equity and benefit from capital upside. If not, we would be repaid at maturity by a company with solid fundamentals - in 2010, Sorbic reported EBITDA in excess of £1 million after sales growth of 10%. With the only constraint on growth (apparently) capital, profits and operating cashflows looked set for very strong progess and the covenant looked strong. We completed our Loan Note investment on 25 August 2010. What wasn't to like? Quite a lot, as it turns out. But not initially. Initially, everything was very encouraging. In February 2011, Sorbic announced to the market that the new factory building in Inner Mongolia was "largely complete and construction remains on track in terms of timeline". Then, in September 2011, Sorbic announced the completion of construction work and expected commissioning of production in November 2011. The market could barely contain its excitement and the shares, which had steadily declined since the convertible issue in May 2010, soared
Wildcat2
11 Jun 2015
Re: share price..... Hopefully the shares being dumped by stale bulls are being bought up by fresh bulls. Those fresh bulls may be institutional investors who are looking 2 to 3 years out and can see that production can at least double in that time and that the juicing business should also return to normal capacity and margins.
DVS 1
11 Jun 2015
Re: share price..... Can't imagine why this has jumped from 10p to 13p following such a dire trading statement and large Institutional sales, who you think would be in the know, have had to sell up at this price
Madoff Jnr
16 May 2015
share price..... any idea's why share price has suddenly jumped up (doubled) in just a few days.....?Madoff jnrps was about to write off another investment
DannyQSee
15 May 2015
10.13 today 10.13 today!!Another 20% up today and nearly doubled since the lows... well done to everyone who does the most basic of researches.I'm taking a bit off the table today.
john222
07 May 2015
Re: ummmm I think youre right re lambrini always extreme views but regardless another draconian press release (is that the right expression)?! 18% infected with loveyoulongtime disease.........which was probably expected from previous communication; SP had held up fairly well considering but its an interesting share to watch I have to say.
DannyQSee
21 Apr 2015
Re: ummmm Lambrini girl?? Omg I've got that spammer blocked...let me guess it was a very detailed analysis about the current situation with a good reason for it's rating??!!If you look at last week's price action it found a floor even after the negative news.There may be another drop when they give the exact extend of the infection, but last week's support should limit any drop and fundamentally let's not forget that we have more than just oranges in the portfolio as well as a juice business and distribution.Uncertain in the short term, long term still a buy for me.sp today 7p
john222
20 Apr 2015
Re: ummmm I don't agree with Lambrini girl but I can see sideways and down over the next few months to maybe 4.5p.
lambrini girl
16 Apr 2015
Re: ummmm SELL..2p target
