UK 12:22 Saturday, 7 November 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Asian Citrus (ACHL) appears to be one of the better Chinese stocks on the AIM Casino but although it now trades at a steep discount to stated net cash and a vast discount to net assets it just cannot qualify as a value investment and you’d be mad to touch it with a bargepole. In fact its a sell. Here’s why.
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Comments
C H Ingoldby
I’ve watched this company or a while because on the face of it, it looks like a good investment, but I’ve been too cautious of China to actually invest.
Would I be a million miles from the reality, if I suggested that sometimes listed companies in China are not always run with the shareholders interests paramount, but that instead, connected individuals use these companies for patronage, sweetheart deals and shift capital and income around in a series of complicated dealings designed to leave the private shareholder out of pocket?
Aimless
ACHL appears to be ticking up for no reason that I can find.
I sold up everything after it jumped 10% last week thinking it was a good time ditch a potential China fraud.
All very quiet on the forums. Anyone know what is going on with this stock?