Accsys Technologies Share Discussion Threads

[andrewhbruce] 13/5/2007 10:51

Basic question please, if you buy these online via selftrade do they just convert the euros into £s?

[diogenesj] 12/5/2007 16:55

Zorija: Lol, I was wrong as usual. :-)

[rrr] 12/5/2007 13:03

I hadn't seen it goose: very well worth a listen and nice to see the 'chairperson'. Thanks a lot.

rrr

[springhead] 12/5/2007 13:02

Good find GG, I have not seen that before.

[goosegreen] 12/5/2007 12:01

sorry if this link is old news but I have only just become aware of it.

Company chairman on Bloomburg - end of march

[azalea] 11/5/2007 23:00

DTC
An alarming story which requires urgent action by international bodies involved in tree conservation programmmes. If properly countered the end result will be to drive growers, loggers, producers and consumers right into the arms of AXS.

Albeit referred to in the text, The heading of the IC article by the Sector Editor Kirsty Green, was titled Ten Baggers - finding the next Tanfield. It end with "and Accys looks very interesting indeed.

[zorija] 11/5/2007 22:38

DJ,
Sorry for O/T - Only reason to ask that you seemed to be dismissive when the old lady bought at 1.50 ( check E-mails ) ...
ZZZ

[davethechef] 11/5/2007 20:02

The IC article brought these to my attention.
The below report may be of interest, considering the environmental favour for soft wood.

[azalea] 11/5/2007 16:26

Buyers piling in now knowing the share price is on the floor, with just Monday and before Tuesday's EGM RNS.

[diogenesj] 11/5/2007 15:50

Just a few, Z - I'm a bit late here. Could fall a bit further, I expect, so I may buy a few more it does.

[zorija] 11/5/2007 15:21

Diogenes,
Didn't know you had bought these???
ZZZ

[magpie59] 11/5/2007 15:17

I'm out and am expecting a retrace to 3.00 to 3.30 when I'll come back in.

[azalea] 11/5/2007 15:14

solotrom
Only time will tell. Buys up 50k(no sells since I last posted). One way, or, another the share price is holding fast; but I too am in this for the long haul and given today's comments by the IC Sector Editor, I expect a rise on an RNS after the EGM. Then,I shall sit back to wait for news on renewed/new contracts.

IC 22/3:- "Demand for Accoya from the global timber industry is strong, so order books for the first six months production are full and expansion is being contemplated"

[diogenesj] 11/5/2007 15:04

Could be another director sale pending, I suppose. Had a few today anyway.

[solotrom] 11/5/2007 14:44

Was about to top up too, but to me it looks possible that there is a large sell being worked today. Hopefully when it gets filled the share price will move north, especially with the IC tip. I can't see how the share price is pretty much fixed where it is with the large number of buys being printed (if there is not a large sell being worked in the background). I am holding off for now, even though I am long-term long, as I would like to know what the share price would have been had the IC not tipped it (ie. perhaps there is a good chance the share price is not dropping due to the temporary interest today from PIs)... IMHO DYOR

[cestnous] 11/5/2007 13:31

Topped up today. Must admit that the (small) retrace and the I.C. article were the tipping point.

[azalea] 11/5/2007 12:36

Indicated 'buys'/'sells' 247k/90k, the share price is almost bound to rise if the pressure is maintained.

[asparks] 11/5/2007 10:27

thanks azalea. possible also some friday profit takers

[azalea] 11/5/2007 10:25

The euro 3.55 are buys not sells, 2500 are mine. Fears of a interest rate hike by the ECB is putting a downer on EU share prices. The spread has narrowed nicely.

[asparks] 11/5/2007 10:20

why the drop.....?

[azalea] 11/5/2007 10:05

Adding to all I have posted on AXS previously,the real clincher for me as to where this share is going, is contained in the write up by the IC (22/3). "The wood coming from Arnhem has exceeded the company's expected quality standards and its versatility and strength is illustrated by the fact that the first batch has been earmarked for LINING CANALS in HOLLAND"(my caps). DYOR

[jakleeds] 11/5/2007 09:34

When I first came across Tanfield, I must admit that my initial reaction went something along the lines of: milk floats, where's the money in that? Who on earth gets their milk delivered these days? Thankfully, though, I delved deeper and liked what I saw. As a result, this little gem made it into our recovery stocks feature last year ('21% off', 21 July 2006). And what a star performer it has been. Tanfield's electric vehicles have proved to have uses beyond carrying milk. In fact, as companies scramble to boost their green credentials, its electric vehicles have been much in demand. The shares were at 24p when we plugged them last July, now they're changing hands for 133p - admittedly, they're not quite a 10-bagger just yet, but they are halfway there.

So, how did I come across Tanfield, and how do you go about finding the next hot recovery prospect? Well, I wish it were as simple as stock screening, but unfortunately it isn't. The research that brought me to the 10 recovery picks - most of which have substantially outperformed the FTSE All- Share index - consisted of good, old-fashioned hunting around. For example, some of my favourite sources of recovery stock ideas are the holdings of UK special situations funds, which you can find on www.trustnet.com. In fact, this was exactly how I first discovered Tanfield - it was one of the largest holdings in New Star Asset Management's special situations fund.

Repeating this research today, Tanfield still features heavily. But a new name has also caught my eye: Accsys Technologies. Accsys, which floated on Aim in 2005, has come up with a method of treating soft wood that makes it strong enough to replace tropical hard wood. This story has echoes of Tanfield's green angle: soft wood is grown in sustainable forests, while tropical hard wood is an environmental no-no.

Add to this the fact that China appears to have developed an insatiable appetite for timber, as well as everything else, and Accsys looks very interesting indeed.

[cambium] 11/5/2007 09:14

jak, any chance

[asparks] 11/5/2007 08:36

jak - why not post it on the board?