Vincentinvestor1
18 Nov 2014
free smoothies!!!! Asian Citrus acquired Lunar Capital-backed BPG Food & Beverages for $257.8 million, market allocates ZERO value to this business unit, I would agree that they paid to much for it in the past but it isnt worthless and its a nice complement to their plantation business of more than 4.6 million citrus treescash rich 250 million US$, free 4.6 million citrus trees and a smoothie business bought for more than 250 million US$ also for free dp your home work imo
Vincentinvestor1
18 Nov 2014
4 billion oranges for free Plantations take time to mature. In year 4 an orange tree yields only 8 kgs of oranges which increases to an average of 130 kgs at maturity in year 10 and for the next 15 years. The yieldthen declines slightly fo r the remainder o f its 3 5 - year lifespan.basically they have 4 million orange trees , one year could produce at max leverage4.000.000 x 100 oranges = 400.000.000 oranges and this for at least ten years, lets say4bn oranges for free as current market doesent pay for additional cash of 100 million US$ and for the plantations just have a look what you pay at tesco for 4ORANGES[link] crazy valuation isnt it and this is just for one part of their business modelimo
Vincentinvestor1
18 Nov 2014
P/B ratio During the past 13 years, the highest P/B Ratio of Asian Citrus Holdings Ltd was 1.98. The lowest was 0.16. And the median was 0.74.Asian Citrus Holdings Ltd's P/B Ratio of today is 0.16.12 x current SP would give you 98 pence / share ( the highest P/B Ratio )4.6 x current SP would give you 41 pence / share ! median P/B Ratio )I will settle for a quick 100% gain from current P/B Ratio of today is 0.16 imo
Vincentinvestor1
18 Nov 2014
ACHL at 9p: free lunch! you get everything for free, more than 4 million citrus trees ( all capex spend ) + 70 million pounds( diference between cash (180)and current market cap (110) )
