Diary: ACHL

ACHL: Asian Citrus 32p/£388m
In a prior post, I made adverse comments on ACHL. Some posters have rebutted my criticisms, but there is a thread on Motley Fool that makes for interesting reading. According to an article in alphaville, a company called Chaoda owns 13 percent of ACHL. The Hong Kong government is now investigating Chaoda, and there is a PDF slamming Chaoda and Asian Citrus. I haven't made much of an effort to read it, I have to admit. ACHL is down 30% over 1 month, compared to -7% for Footsie. If you read the PDF, and believe its contents, then this renders ACHL uninvestable.