Gold_or_Silver
17 Jun 2018
Legs to 30p BUY BUY BUY Upside momentum is carrying us back towards good profits and perhaps a fully fledged takeover surprise . Best of All
Gold or Silver
04 Jun 2018
Re: Legs to 30p BUY BUY BUY Still there remains nice upside to the toilet business.Best of A
mantrova
25 Apr 2018
Downward drop.... The sp started to come off a couple of days ago and I'm unsure why - except to feel the uptick was too strong from the lowly 8p patch.Possibly some news on the way?m
Gold or Silver
16 Apr 2018
Breakout Underway for anyone with a nose for It.Best of A
old_punter
29 Mar 2018
Jeesr Industries RNS today saying they now hold 4.5%, threshold crossed on 22nd so they bought very cheap. Above Moroccan business does the same as Accrol, so speculation about a bid I suppose behind the rise in recent days, did I say something about insider trading...
Gold or Silver
29 Mar 2018
Legs to 30p BUY BUY BUY Have just grown on this once underperforming paper Co .Best of Luck A
Gold or Silver
28 Mar 2018
Re: Announcement came BUY Must also add , this chart brings back happy memories of one of my old shares .Let`s all hope Accrol manages to pull off the same long term result for Blackburn.Best of Luck A
Gold or Silver
28 Mar 2018
Re: Announcement came BUY Yes , It`s a quandary.But on the plus side ,have broken 10.25p .Accrol may well have good news in the cupboard for all us shareholders .Best of Luck A
cosmos
27 Mar 2018
I give up... Let's see what happens over the next few days
cosmos
27 Mar 2018
Part 2: Not sure why this system sometimes cuts off messages midway through. Anyway as I was saying /
cosmos
27 Mar 2018
Perhaps someone is cooking a bid. To your earlier point, the company is a bargain if (and I appreciate a big if) you believe the worst is behind them. Net debt at the interims was £29.3m. Let's assume it will peak at £40m before the rot stops and cash flow inflects. Market cap, even after today's stellar rise, is just short of £20m. Say you lob in a bid of 25p, a generous premium to today's close and even more so when compared to the bottom, and more importantly something that will be just enough to save face for LT holders / allow board backing (given the outstanding risks). It goes without saying that this a slam dunk for the bottom feeders who have churned in since the final big drop. So let's assume £32m for the equity. That makes for a de facto Enterprise Value for our buyer of c. £72m or 0.5x 2017 sales /
old_punter
27 Mar 2018
Announcement came To say nothing re the price jump. Clearly, some people think they know something with a price rise of two thirds on the day. Typical AIM insider trading I suspect.
old_punter
27 Mar 2018
Announcement coming? Having been down to 7p end last week, the shares are now back up to 10.75p, anybody any info, no RNS yesterday or so far today. I guess they may have sorted their bank covenant problem. It would be nice to know what is going on.
old_punter
20 Mar 2018
Re: Oh Dear Breaching a bank covenant is not good but usually not terminal.The company at 10p is now valued by Mr Market at about 10% of 2016/17 sales or 1.5 times pre tax profits in that period. That seriously low valuation indicates the upside if the problems get sorted. I think the risk/reward ratio is now rather favourable but WDIK.
