Accsys Technologies Share Discussion Threads

[the big fella] 09/5/2007 12:40

A quick reality check - mkt cap is well over half a billion at today's prices. That is a whole heap of hope built in. Good luck but not for me.

[azalea] 09/5/2007 12:01

A good write up on the specific advantages of the process.

[asparks] 09/5/2007 11:47

info for new investors :

Mar 28, 2007 15:30:00 Press release issued by Celanese Corporation


Celanese Corporation Announces Strategic Partnership with Accsys Technologies for Innovative Use of Acetyl Products



Dallas, March 28, 2007 – Celanese Corporation (NYSE: CE), a global, hybrid chemical company, today announced that it has entered into a strategic partnership with Accsys Technologies PLC, and its subsidiary Titan Wood, for application of Celanese's core acetyl products in Accsys' proprietary AccoyaTM wood production process. Celanese, a leading global producer of acetic acid and acetic anhydride, will become the exclusive supplier of acetyl products to Titan Wood's technology licensees for use in wood acetylation. Celanese will also make an equity investment of approximately USD $29.5 million in Accsys Technologies (London Stock Exchange AiM: AXS).

"Celanese is committed to growth and innovation, and this strategic partnership is an exciting area for us to apply our core products in an innovative application that can be deployed anywhere in the world," said John O'Dwyer, president, Celanese Acetyls and Celanese Asia. "We view this as a solution to bring Celanese's intermediate chemical products into more consumer applications. This innovative process also offers the global market more environmentally sustainable building materials."

About Wood Acetylation
Wood Acetylation is a process that increases the amount of 'acetyl' molecules in wood, thereby changing its physical properties. The process protects wood from rot by making it "inedible" to most micro-organisms and insects, without – unlike conventional treatments – making it toxic. It also greatly reduces the wood's tendency to swell and shrink, making it less prone to cracking and ensuring that when painted it requires dramatically reduced maintenance.

Acetylated wood increases hardness and does not compromise wood strength or natural beauty, allowing for applications in consumer and industrial applications such as bridge construction, home deck construction and outdoor furniture.

About Titan Wood Limited
Titan Wood Limited (www.titanwood.com) is wholly owned subsidiary of the Accsys Technologies PLC (www.accsysplc.com) group of companies. Accsys Technologies PLC is listed on the London Stock Exchange AiM market under the symbol 'AXS'.

About Accoya
Accoya™ wood (www.accoya.info) is produced using a patented process that effectively converts sustainably grown softwoods and non-durable hardwoods into what is best described as a 'new wood species'. Distinguished by its durability, dimensional stability and, perhaps most importantly of all, its reliability (in terms of consistency of both supply and quality), Accoya™ wood is particularly suited to exterior applications where performance and appearance are valued. Unlike most tropical and European hardwoods, its colour does not degrade when exposed to ultraviolet light. Moreover, the Accoya™ wood production process does not compromise the wood's strength or machinability. The combination of UV resistance, dimensional stability, durability and retained strength means that Accoya™ wood offers a wealth of new opportunities to architects, designers and specifiers. For marine uses where weight is also important, Accoya™ wood for the first time provides boat builders with a wood that is strong, lightweight, durable and which retains its natural beauty for far longer.
ACCOYA is a registered trademark owned by Titan Wood Limited

About Celanese
As a global leader in the chemicals industry, Celanese Corporation makes products essential to everyday living. Our products, found in consumer and industrial applications, are manufactured in North America, Europe and Asia. Net sales totaled $6.7 billion in 2006, with approximately 60% generated outside of North America. Known for operational excellence and execution of its business strategies, Celanese delivers value to customers around the globe with innovations and best- in-class technologies. Based in Dallas, Texas, the company employs approximately 8,900 employees worldwide. For more information on Celanese Corporation, please visit the company's website at www.celanese.com.

Forward-Looking Statements
This release may contain "forward-looking statements," which include information concerning the company's plans, objectives, goals, strategies, future revenues or performance, capital expenditures, financing needs and other information that is not historical information. When used in this release, the words "outlook," "forecast," "estimates," "expects," "anticipates," "projects," "plans," "intends," "believes," and variations of such words or similar expressions are intended to identify forward-looking statements. All forward-looking statements are based upon current expectations and beliefs and various assumptions. There can be no assurance that the company will realize these expectations or that these beliefs will prove correct. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements contained in this release. Numerous factors, many of which are beyond the company's control, could cause actual results to differ materially from those expressed as forward-looking statements. Certain of these risk factors are discussed in the company's filings with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made, and the company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which it is made or to reflect the occurrence of anticipated or unanticipated events or circumstances.

[asparks] 09/5/2007 10:13

could hit 4EUR by eod

[goosegreen] 09/5/2007 09:42

asparks

just added again

1st buy @ 1.33
2nd @ 2.66
Now @ 3.65

Keep on rising please!!!

[asparks] 09/5/2007 09:33

I think part of the reason why people are not that aware of AXS is that due to an error in ADVFN's data the long term chart is flat. Som months ago they included a trade at 200 Euros (an error!) which has mucked up the long term default chart. That's why I had to supply Damanko with the chart in this header.
Damanko - are you still here?

[asparks] 09/5/2007 09:30

5-day chart showing bid/offer spread shaded - - - - - - - - - - - - - - - and intraday chart



+ 3 month charts -----------------------------------------------------------and 2 year charts

[azalea] 09/5/2007 09:23

And so it should - its a virtual certainty the deal with Celanese will be approved on the 15/5, after which the share price should really start to move euros 4.25-5.0!

[asparks] 09/5/2007 09:00

here we go again :-)

[azalea] 08/5/2007 22:21

tiger20
It's a knotty problem!

Fryern

Don't fence me in!

[tiger20] 08/5/2007 18:30

Anyone got a view on TREE epic


tiger

[fryern] 08/5/2007 18:05

azalea

Your missing the wood for the trees imo

Put the plants by the source then you can ship the products anywhere not just to timber/sawmills yards

Where is the first plant located - right by the forest in Arnhem.

Interesting

They are not saying how long they will guarantee the wood in the ground.

You can't buy creosoted wood for keeping in livestock anymore. Fench posts has to be a huge market. So how long?

[azalea] 08/5/2007 15:57

Nah, the forests are likely protected areas, much better to locate the production plants at/close by wood yards/sawmills. Euros 10 will do me, do not want to be greedy.

[fryern] 08/5/2007 15:48

Said this just over a week ago........................

"Obvious shares are too cheap

Could be +50 tomorrow

E20 about right...........once the franchises get announced.

You've got to put the production plants by the source - the forests........"

Took just over a week

[asparks] 08/5/2007 13:56

5-day chart showing bid/offer spread shaded - - - - - - - - - - - - - - - and intraday chart



+ 3 month charts



It just gets better and better................

[azalea] 08/5/2007 12:42

Having read the details of Draganfly's purchases since January(today's rns) which now equal 18%+ of the company's NAV, it must have very significant confidence in AXS prospects. Don't we all!

[theo13] 08/5/2007 11:42

Azalea
Yes, it is difficult for directors to profit from their hard work at any time, as sells are so closely monitored and often viewed negatively whatever the circumstances, even if they just need to pay a tax bill! Exercising options & selling them is indeed one of the few ways they can make some money (as we all wish to do!)without any negative comment. It is more important imo to point out that Gordon Campbell doubled his stake.
Theo

[azalea] 08/5/2007 11:19

theo13
I see our posts (on very similar lines) must have crossed. Re directors deals, you are of course correct and a common practice by directors. Since April the share price has risen significantly and will continue to do so, as the latest rns suggests.

[theo13] 08/5/2007 11:12

Think you should quote the whole deal ransdys

The Company also announces that on 23rd April, 2007, the following directors of
Accsys dealt in the Company's ordinary shares as follows:

Gordon A. Campbell purchased 50,000 ordinary shares in the Company and currently
owns a total of 100,000 ordinary shares.

Edward J Pratt sold 720,000 shares in the Company at a price of Euro2.77 per share
and currently owns a total of 618 ordinary shares and has options over an
aggregate of 1,720,000 ordinary shares.

Glyn C Thomas sold 480,000 ordinary shares in the Company at a price of Euro2.77
per share and currently owns a total of 618 ordinary shares and has options over
an aggregate of 1,230,000 ordinary shares.

The Company had previously announced that on 29th March 2007 Edward J Pratt and
Glyn C Thomas had exercised options to subscribe for the same number of ordinary
shares described above at a subscription price of Euro0.46 per share.


So if I understand correctly they just sold some exercised options at a profit?

[randsys] 08/5/2007 11:04

Could this be putting off some people....?

Directors Latest Deals
Traded Action Notifier Price Amount Value
23-Apr Sell Glyn Collen Lewis Thomas € 2.77 480,000 € 1,329,599.99
23-Apr Sell Edward James Pratt € 2.77 720,000 € 1,994,399.99

[azalea] 08/5/2007 10:49

asparks

Hmmn difficult to answer your question. I agree it does not appear to be on many PI radar, perhaps a weekend press buy recc would change all that, that said, apart from the IC, the former do not appear to have latched on to what is going down. Another likely reason is - the share price is in euros!

Unless, PI read up on AXS, they will not know of the global implications of AXS patented process,its relationship with U.S. giant Celanese and the deal to be ratified between them at the EGM on the 15/5. In the latter case I am particularly drawn to Celanese's option (having already agreed to buy a 5.5% stake) to buy up to 29.9% in AXS! Perhaps after the EGM, the ensuing RNS might heighten awareness all round.

[theo13] 08/5/2007 10:31

I think that on first glance at the chart people don't realize it's quoted in euros - even tho' damanko has put a note to that effect, so it looks like a penny share. Then the scarsity of figures/contracts is a problem for the fundamentals crowd. People have to see the potential and read up on the existing contracts and interest expressed by manufacturers etc. Personally I think this is going to be a massive multibagger but it may not take off until more contracts & licensing deals are announced - I'd double my stake too if I could, azalea.

[rrr] 08/5/2007 10:22

Hi asparks, I'm aware, just made my third purchase! That makes three of us anyway. Rather have it like this than a stream of rubbish posts all day long - though a few more would not go amiss...

How about 'the Microsoft of the timber world'?

rrr

[asparks] 08/5/2007 10:15

azalea - any idea why this board is so quiet? seems no-one is aware of this company!