Accsys Technologies Share Discussion Threads

[hatfullofsky] 10/12/2024 06:23

Materially Ahead and production to treble in 2 years and only a 10% rise?This will soon re-rate or Eastman will take it out when production reaches near capacity.More plants planned in the US

[this_is_me] 26/11/2024 08:15

Arnhem is in the EU.

Despite the scare tactics of the remainers our country has done well outside the EU.

[caradog] 26/11/2024 07:59

Contains the magic words “significantly ahead of market consensus”.

The decision to cut losses in Hull and focus on production within the EU and US now looks like a wise move, with tariff wars looming. In my view, the political colour of the government is less of a factor in long-term investment decisions than the trading problems and uncertainties caused by Brexit.

[hatfullofsky] 26/11/2024 07:56

Accsys has made a good start to H2 FY25 and expects full year results to be significantly ahead of market consensus

[this_is_me] 26/11/2024 07:27

Debt down, profit up, margin up, revenue up.

[bloomberg2] 26/11/2024 07:23

Looks bullish

[bloomberg2] 26/11/2024 07:22

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

[hatfullofsky] 25/11/2024 21:01

I hope to see some director buys post results

[mineinterests] 25/11/2024 19:33

Sorry mistype, the results being reported are to Sep.

[mineinterests] 25/11/2024 18:48

Various stock analysis websites that run the numbers on shares have the expectation of c. 65% upside in next 12months and current calculation 45% Intrinsic Value undervalued. DYOR as various ways of calculation of IV and which brokers have been asked. But hopefully tomorrow publication of 6m results to end of Oct will have some good news.

[hatfullofsky] 25/11/2024 12:26

Got back in today, may fall further tomorrow (so will buy more) but with the Eastmann connection in the US and a near doubling of output due in 2027 I think we are in over sold territory

[boonkoh] 20/9/2024 09:22

This is really bad. Majority of capex already sunk in Hull.If there was good demand for engineered wood, they would have found the funding and proceeded with Hull. Either for Tricoya. Or modifying for Accoya.The fact that they're abandoning it now, is not a good sign about the demand for their wood products. Either market demand (but everyone's expectations are a recovery in 2025 with lower rates). Or, my bet is that competitors are eating their lunch now with better, cheaper products?

[this_is_me] 19/9/2024 19:57

Mr MacGregor19 Sep '24 - 07:44 - 1794 of 1795 (Filtered)

[bloomberg2] 19/9/2024 09:14

Talk of restarting up Hull turned out not to be true then !! Apologies to all!! But rumours were going around on Saltend!! Uncertainty finally over now! Still think Accsys is a good recovery play going forward

[irenekent] 19/9/2024 06:26

After all the guessing Hull is finally to be abandoned. Who would invest in Starmer's Britain? Would have Milliband crawling all over the plant looking for pollution.

[bloomberg2] 05/9/2024 19:52

I worked on Saltend from April to June this year! Rumour strong two companies starting up on their in September October! Engineers had calls to see availability for starting back on there from Tricoya

[hatfullofsky] 05/9/2024 13:57

Bloomberg2 - Hull - they will make a decision by H1-25 (30/09). Why do you think it is being commissioned ?

[this_is_me] 04/9/2024 15:54

A positive market reaction.

[this_is_me] 04/9/2024 06:13

An encouraging update.

[bloomberg2] 20/8/2024 11:19

Hull tricoya news on start imminent

[bloomberg2] 26/6/2024 06:25

Two mechanical companies are due to start work on commissioning shortly

[this_is_me] 26/6/2024 06:24

Mr MacGregor26 Jun '24 - 07:21 - 1783 of 1783 (Filtered)

[bloomberg2] 26/6/2024 06:24

It's starting up again in October!!