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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Accsys Technologies Plc | AXS | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.60 | 1.28% | 47.30 | 16:35:07 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 47.90 | 47.90 | 48.00 | 47.30 | 46.70 |
| Industry Sector |
|---|
| CONSTRUCTION & MATERIALS |
| Top Posts |
|---|
Posted at 26/11/2024 07:22 by bloomberg2 investments of 7.2m into the US joint venture Operational highlights · Good progress made on FY25 operational targets: o Accoya USA site: The joint venture Accoya production facility in Kingsport, Tennessee is now commercially operational o Operational efficiencies: the Solid Roots program is on track to deliver a 500 basis points improvement in overall equipment effectiveness (OEE) at our Arnhem facility in the financial year o Cost savings: The Company is on track to deliver 3m of cost savings from the business transformation programme in FY25, in addition to annualised cost savings of 3m from Hull closure· Acceleration of sales and marketing, supporting progress towards run rate of 100,000m³ by end of FY27 · New CFO Sameet Vohra appointed on 30 September 2024 Current trading and outlook · Accsys has made a good start to H2 FY25 and expects full year results to be significantly ahead of market consensus1· While market conditions are expected to remain challenging in the near term, the Group expects total sales volumes in H2 FY25 to maintain growth momentum, driven by positive demand development in key European markets and the new capacity in the USA · The Group will focus on maximising sales and marketing to produce returns on its major plants in Arnhem and Kingsport · With the gross margin maintained, the Company will continue to benefit from the business transformation programme and savings from the closure of Hull· As Accoya USA continues to ramp up, underlying profitability is expected to improve in the second half of the year· The Company will hold an Investor Strategy Day at its Arnhem site on 30 January 2025 |
Posted at 03/11/2022 10:11 by mr macgregor Just been having a look at the impending writedown of the Tricoya plant.As far as I can tell (the company doesn’t make it obvious), AXS had a 76.5% interest in TTL which had a 62% interest in the Hull Tricoya plant. So AXS had a 47.4% interest. They’ve taken on the remaining 52.6% by issuing shares worth €9.8m This transaction values the plant at €18.6m The plant is currently on AXS books at €93.6m The expected writedown is €75m The company will claim this is non-cash, but it is cash related as investors have been tapped four times since 2017 at €0.69, €1.05, €1.65 and €1.45 and a large amount of the cash raised from them has been poured down the Tricoya drain. Look what they said during the latest raise in May 2022: “Plant physical construction is now largely complete and being actively commissioned with commercial operations targeted to commence in July/August 2022” Ever feel like you’ve been ripped off? |
Posted at 15/7/2022 13:27 by bloomberg2 Hearing investors looked happy at walk round at Hull this morning |
Posted at 15/7/2022 08:59 by bloomberg2 New investors walk around at Hull today !! |
Posted at 16/9/2019 13:50 by damanko Remarkable.14 years since I started this thread, now just where have those years gone... I exited quite early, at a tiny profit. I fear that many investors over the years who believed in the technology (which still appears sound...) may not have been as lucky. Great technology, bad management. I thought that nearly 15 years ago, and feel the same now, though I wish all holders the best of fortune. damanko |
Posted at 15/6/2018 17:22 by timberwolf Preliminary results live webcast and conference call alert15th June 2018 Accsys Technologies PLC (LSE:AXS and AS:AXS) will host a live webcast and conference call on Tuesday 19th June 2018 for its Preliminary Results for the year ended 31 March 2018. The Company’s results will be posted on its website at www.accsysplc.com/in Details are as follows: When: Tuesday 19th June 2018 at 9:30am (UK time) Who: Paul Clegg, CEO William Rudge, Financial Director Telephone dial-in details: To call in to the webcast, call your local number below using the conference confirmation code when prompted. Registration for this event begins 10 minutes prior to the start of the call. Confirmation Code: 7937962 Local - London, United Kingdom: +44 (0)330 336 9411 National free phone - United Kingdom: 0800 279 7204 Local - Amsterdam, Netherlands: +31 (0)20 703 8261 National free phone - Netherlands: 0800 265 9169 Local - New York, United States of America: +1 929 477 0402 National free phone - United States of America: 866 575 6539 Online webcast: To access the live audio webcast, click on the link above and register. Once registered, please login 10 minutes prior to the start of the webcast. Upon completion of the live webcast, a replay will be available in the Investor Relations section of our website at |
Posted at 03/5/2018 08:27 by walbrock82 Here’s my view on Accsys Technologies:It is doing a good job winning new businesses and growing sales. But it hasn’t reported any profit and that is a major concern for anyone holding the company’s shares. Although valuation is supported by £40m of cash, the question investors need to ask is: “Will valuation holds up when cash balance starts to decline?” The answer is likely to be no because brokers aren’t forecasting any profits beyond 2020. For more on Accsys, Sage and Avon Rubber, click: |
Posted at 02/6/2017 12:37 by edmonda If you would like to hear Paul Clegg, CEO, present on behalf of Accsys he will be at our next investor forum on the evening of Wednesday 21st June. Other companies also presenting are Lombard Risk Management and Carclo.In order to find out more and to register for free please visit: |
Posted at 29/12/2015 18:49 by timberwolf Proactive Investors interview with Paul Clegg on the 14th December. |
Posted at 24/9/2015 08:50 by timberwolf The only thing that I can see that could remotely be connected to this drop was the announcement yesterday of an Extraordinary General Shareholders’ Meeting by Solvay, which is scheduled to take place on October 23rd. It's purpose, as far as I can see, is for the directors to propose to shareholders to grant it the authorization to increase the share capital of the company with a view to financing or refinancing the acquisition of Cytec in the U.S.www.solvay.com/en/in Of course I could be completely picking at straws here. :-) |
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