Accsys Technologies Share Discussion Threads

[damanko] 28/6/2007 08:08

Any Nederlander speakers or translators on this thread (whaddya mean, no)?

This article from the Arnhem newspaper - De Gelderlander.......

[azalea] 28/6/2007 08:04

This company is on the road to reap huge rewards this year and beyond.

[damanko] 28/6/2007 08:02

Couple of interesting lines in the short RNS this morning:

* Expectations of additional licence options and agreements and
confidence of profitability in current financial year

That may well be a surprise to more than a few of us, see how that line goes down. First I've heard of this as well:

* Agreement with Fortis, with plans to list the Company's shares on
Eurolist by Euronext Amsterdam by end of 2007

Hm......... with the free float being so small, thought there might be a hint of a corporate restructure. This still a surprise though. Wonder how the company is regarded in Arnhem / Holland? Anyone with a link?

[damanko] 28/6/2007 07:30

PRELIMINARY RESULTS

FOR THE 12 MONTHS ENDED 31 MARCH 2007 (audited)



Highlights

* Successful construction, commissioning and start up of 30,000 cubic
metre commercial AccoyaTM wood production plant in Arnhem

* Demand for production capacity for current year and beyond, with
trading agreements in place

* Large order for AccoyaTM to be used to construct heavy-traffic road
bridges, confirms a major new global market opportunity

* Immediate plans to double capacity of the Arnhem facility to 60,000 m3
by mid 2009

* Strategic Partnership with Celanese Corporation, including 5.5% equity
investment and twenty year long term supply agreement

* Licence agency agreement signed with Skanfore S.A., for 500,000 cubic
metres capacity giving Euro10 million upfront licence revenue

* Expectations of additional licence options and agreements and
confidence of profitability in current financial year

* Investment in the business resulted in a loss of Euro22.6m (2006: Euro5.0m)
after impairment charges of Euro12.4m

* Euro27.5 million of liquid financial resources, no debt, before receipt
of Skanfore payment

* Willy Paterson-Brown, Executive Chairman, takes on the role of Chief
Executive Officer as well; Edward Pratt to become 'Senior Advisor, Projects'

* Agreement with Fortis, with plans to list the Company's shares on
Eurolist by Euronext Amsterdam by end of 2007

* Additional product development progress in wood fibre applications


Willy Paterson-Brown, Chairman and CEO, said: "This has been an excellent year
for Accsys with progress on many fronts and we have high expectations for 2007/
8. Accsys has moved from a technology development company to a full scale
commercial operator with far reaching potential on a global basis. In AccoyaTM
wood, we have a quality product, universally accepted as being of the highest
standards with multiple applications."

[azalea] 27/6/2007 18:00

Bargain hunters moving in on the dip today. In addition to the ecological pressures, we know from the recent statement that there is a big market out there for the product and it will only take a few more orders to set the share price rolling. Looking further ahead when the U.S. housing market recovers, demand will undoubtedly rise rapidly.

[asparks] 27/6/2007 16:20

hey - its not allowed to do this...

[blott] 27/6/2007 15:52

A bit perplexed - seemingly good news about a new licence deal, followed by a slide in share price. Am I missing something...

[azalea] 26/6/2007 08:20

Whilst its home grown production is important, its getting contracts from companies to cary out the process in their own locations that will do the trick. The factory in Holland could not possibly satisfy world demand.

[flyinghog] 26/6/2007 07:29

I agree, the price is very heady considering the day-to-day trading performance. the price expects fairly significant earnings growth! I do think that the company could do very well, but a prolonged period of consolidation is required together with some good announcements. If the share price continues its upward spiral I will probably get out and thank you for the ride.

[gwr7] 25/6/2007 20:14

Results due out soon; big loss expected as costs only partially offset by a few months production at the pilot plant. Business risk reduction offset by share price over-reach? 10m euro to add to current year turnover is not to be sniffed at but bear in mind 30m euro of earnings is required to justify a pe of 20 and there is no news yet of major production expansion. Mind you, momentum has served the share well so far and who's to say it won't continue to do so.

[smiling mickey] 25/6/2007 19:52

Fryern,

Not quite the case. Skanfore have paid 10 million to secure the rights to sell capacity of 500,000 m3 as an Accsys distributor. Clearly Skanfore must be confident they can do this but as yet we have no licencee committed to building its own processing plant. Their selling territory is the Middle East

With current capacity sold out however something will have to happen soon! My guess is that the first licensee to commit will be German or BSW in the UK

[rrr] 25/6/2007 10:11

All looks good to me, so just bought a few more. Have bought in in several tranches, now quite a (for me) reasonable holding for the long term. The link with Celanese and now this deal all look to me to be building a solid business, looking much less risky.

rrr

[fryern] 25/6/2007 08:55

This has just increased capacity to 530,000 m3

And put 10m euros in the bank

[the hog] 25/6/2007 08:32

Excellent news !! Topped up this morning. Took ages for my broker to buy just 3,322 shares.

[damanko] 25/6/2007 07:50

And the other key part:

The Company announced in March that commercial production of Accoya(TM) wood at
Titan Wood's new 30,000 m3 Arnhem facility was underway. The Company's order
books are full through to the end of 2007 and beyond, with production committed
into a wide range of different product applications, from civil construction to
joinery. First licence revenue has been keenly anticipated.

[damanko] 25/6/2007 07:49

Here is the key phrase from the RNS. Have a feeling it may just be another up day..........................:

Terms of the agreement include Skanfore paying a premium of Euro10 million in
consideration for the right to market Accoya technology in certain markets,
principally outside Europe and North America. The premium is equivalent to 10%
of the total technology fee, at list prices, for half a million cubic metres of
Accoya(TM) wood production capacity. Skanfore will identify, introduce and lead
negotiations for licence agreements for Titan Wood's proprietary Accoya(TM) wood
production process and develop new markets for the Company. The agreement
involves sales, logistics, financing options, regional product marketing and
off-take requirements. The agreement is expected to broaden the scope and
capability of the uptake of Accoya(TM) technology around the world.

[rik shaw] 25/6/2007 07:10

Accsys Technologies PLC ("Accsys" or "the Company") announces that its 100%
owned subsidiary, Titan Wood Ltd., has signed a licence agency agreement with
Skanfore S.A. ("Skanfore"), who will take the rights for a nameplate capacity of
500,000 cubic metres of production of Accoya(TM) wood.

[rrr] 23/6/2007 11:32

Thanks damanko. I have just read the info you suggested : it's interesting but I'll still be interested if power knows any detail of how the eucalyptus is treated.
Thanks for a good thread.
Cheers,
rrr

[damanko] 23/6/2007 11:25

Regarding the last 2 posts, this link should take you to the original placing info back in October 2005. It may answer some of the points you raised.

[rrr] 23/6/2007 10:11

power: I wonder if you know how the eucalyptus wood is treated? Accoya wood treatment is claimed to be non-toxic, whereas previous wood treatments tend to involve nasty chemicals - certainly traditional tanalising does (though a quick Google for tanalised took me to Tanalith E, which is said to be non-toxic.)

rrr

[power] 23/6/2007 09:58

I live in Brazil where treated Eucalyptus wood is commonly used. It's guaranteed for at least 15 years, sometimes 20, but builders say its life is really unknown. I wonder how our AXS special technique differs from the Brazilian standard?
There may be a parallel business following AXS success. Something we should be alert to.

[fryern] 22/6/2007 22:13

One for the ..... head

MGT CAPITAL INVTS INC (MGT)
5.40 +0.55 (+11.34%)

Willy watch out Tim is catching you up.

Whose's first to 20

Euros for Willy dollars for Tim

I don't care I have both...........

Rock on Berkeley Sq.

[fryern] 22/6/2007 17:30

ACCSYS TECH ORD EUR0.01 (AXS)
4.355 +0.26 (+6.35%)

MEDICSIGHT ORD 5P (MDST)
137.50 +16.75 (+13.87%)

Two world beating companies and they share the same offices, same funders same people on occasions.

Some work in Hammersmith, some in 46 Berkeley Sq.

I do Berkeley Sq.

Be smart have a bit of both.............

[asparks] 22/6/2007 14:19

v encouraging to see them adding.

O/T another great green investment is LNR. Results out today 2006 "profits soar" share price up nearly 20% today - and I think it could double from here within weeks