Accsys Technologies Share Discussion Threads

[philjeans] 03/8/2007 15:17

It's a fascinating situation isn't it; have these guys really done the implausible and hoodwinked so many clever institutional analysts to invest in their business, to such an extent that the share capital mushroomed to over $400M, when as we know, last year's turnover was £33k, and the business has yet to earn a penny?

The answer is clearly "YES".

Who is going to stay ahead in all of this I wonder?

I too own a very small part of all this through Cameron and McNiven, the master holding co which was previously STG Holdings, before they took it private and changed it's name.

They appear to have cracked the chemical equation ok but can they deliver the sales of actual goods and royalties.

I really do hope so but it was such an easy short, I'm just glad I had the guts to try it in early July, (see my post 11/7 and others) and can see further downside yet.

Bye the way, I have no connection with our Mr Bashir who also appears to distrust smoke and mirrors.

[ba5hir is back] 03/8/2007 14:16

Agree entirely.its way way overvalued.

[diogenesj] 03/8/2007 13:57

I'd better come clean and admit that I can't claim to be a long-term investor, theo. I lost my nerve on valuation grounds and sold on 11 July at €4.32. To that extent I agree with Ba5hir (or rather the editor of ArmShare), but I object to mindless ramping and deramping. There is a huge opportunity here, but there are also big risks, and I find it hard to put a value on the shares, especially in current market conditions.

[ba5hir is back] 03/8/2007 11:12

Its dropped below its support not looking good.

[ba5hir is back] 03/8/2007 11:01

Most days the stock is red seems lots of profit taking. Expect furhter falls.

[goosegreen] 02/8/2007 17:34

DiogenesJ

agree

done

jon

[theo13] 02/8/2007 14:28

Suspect that is what all us long-term investors are doing DiogenesJ ;0)

[diogenesj] 02/8/2007 11:05

Power: best approach to trolls is to filter and ignore imo. They go away if they get no response.

[ba5hir is back] 02/8/2007 10:54

Next leg down soon.

[ba5hir is back] 02/8/2007 09:37

I expect further downside soon the brokers are evidently on a short term push to offload recent sells then back down again.

[asparks] 01/8/2007 14:36

Ba5hir is back - 1 Aug'07 - 14:25 - 732 of 733 (Filtered)

for being a bore

[busraker1] 01/8/2007 14:34

So you're short then. Just interested.

[ba5hir is back] 01/8/2007 14:25

Why woul;d I want to buy a share that had risen 4 fold and profits are no where to be seen never mind the editor of armshare being scathing on the value of the company!

As I said this could fall as fast as its risen and the market seems to agree!

[asparks] 01/8/2007 12:46

and nearly all is in the hands of instis anyway. So a fe PIs selling WILL MAKE NO DIFFERENCE YOU DONKEY!

[busraker1] 01/8/2007 11:41

That's just a bog standard argument to scare people out though isn't it. All the Institutions who have bought this did so on forward earnings calculations, not on last year's £50,000 revenue.

Anyway, you're either short, want to buy them lower yourself or are paid by an organisation that wants to buy these at lower prices. Hopefully that's so transparent to the few PI's on here that your tactics will be of no effect.

[ba5hir is back] 01/8/2007 10:48

This has already dropped anout 25% and further falls are expected...

[ba5hir is back] 01/8/2007 10:40

I am enlightening you the co has yet to make any decent revenue and losses are climbing and even if they do make revenue turnover does not always equate into profits.

The high market cap cant be substantiated nor can the share price

Furthermore if you go to www.armshare.com reviews the guy states he has never seen such a high market cap co on such a low revenue business.

[power] 01/8/2007 10:33

Bashir
Ok you ve made your point, 'that you dont like this share' . Now if 'IF' you held any and have sold then that was a good call. If you still hold and not shorting it - difficult anyway, its not in your interests to attempt to talk it down. So I, in common with the rest of us serious posters, dont understand what your point is .

As a final post, do you want to enlighten us ?

[ba5hir is back] 01/8/2007 10:00

Its everything to do with AXS the shares that have risen the fastest and outpaced the market when earnings havent kept pace are likely to fall the fastest.

[asparks] 01/8/2007 09:52

boring bahir - its the market - nothing to do with AXS itself

[ba5hir is back] 01/8/2007 09:50

Did warn you this could fall back as quick as its risen.

[theo13] 31/7/2007 12:42

...yawn
Ba5hir is back - 31 Jul'07 - 09:40 - 721 of 722 (Filtered)

[asparks] 31/7/2007 10:08

bashir = boring

[ba5hir is back] 31/7/2007 09:40

Bounce but the downward trend will resume in due course.