Accsys Technologies Share Discussion Threads

[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!

[azalea] 08/5/2007 10:14

I have doubled my stake.

[asparks] 08/5/2007 09:37

nice RNS today. 4 euros here we come

[azalea] 08/5/2007 09:37

At this rate, if the EGM ratifies the deal, then 4 euros by end of month! If contracts are announced thereafter(as is likely) then who knows what price. As is often the case, my smaller purchases reap the larger rewards, ho hum; but must not grumble.

[azalea] 06/5/2007 07:58

The EGM on the 15/5 should approve the deal between Celanese and AXS, the former to supply chemicals direct to AXS customers and to buy 5.5% of new shares in AXS, with the option to buy up to 29.9%. Approval of the deal will enhance AXS opportunities to sign up new customers/renew contracts for its patented process.

[sitiain] 05/5/2007 13:46

new to this one chaps.very happy of course like the deal a lot.
especially from a save the forests point of view.
what can we expect from the AGM.?
am i right in think we will get a trading statement or information about new license deals .
?
thank you for anyones time in advance.

[azalea] 04/5/2007 15:43

EGM on the 15/5; what price on the 16/5!

[lasata] 01/5/2007 12:25

Will AXS benefit from shortage of timber as per article in today's Ft page 17?