Accsys Technologies Share Discussion Threads

[asmodeus] 09/6/2009 13:12

Once again - what must surely be excellent news is announced - and what happens? Well a few minutes ago, the share price had FALLEN! (Now up 0.6%). The potential for this company must be enormous. When will it be recognised by the market? Or is there something in the accoya pile yet to be revealed? (Results should be out before month end.)

[ted32] 09/6/2009 10:38

MH100...Last year's results were announced on 19 June

[4pens] 09/6/2009 09:57

ACCSYS SUBSIDIARY, TITAN WOOD, PARTNERS WITH MEDITE EUROPE


Accsys Technologies PLC ("Accsys" or "the Company") today announced that its
wholly owned subsidiary, Titan Wood Limited ("Titan Wood"), and Medite Europe
Limited ("Medite") have signed a joint development agreement to commercialise an
economically viable, non-toxic, and stable medium density fibreboard ("MDF")
panel made from Tricoya wood elements ("Licensed Products").

[mh100] 08/6/2009 11:14

Bought in today having watched for a long while as well! Hoping for big things if acetylated softwood really does revolutionise the wood industry, though may take a while. Anyone know when results are due?

[philjeans] 07/6/2009 19:57

Good to see a large fund taking a significant stake - OP is Finnish and JP Morgan co- manages the investments.

Now they've loaded up, watch the MMs let the price go.

[whimsy zoom zoom] 07/6/2009 19:05

Been watching this one for a while as well. Ironically, it was our builder who tipped me over the edge last week - was going on and on about the merits of the actual product. I thought I'd rather own some ahead of results statement, with a view to owning more later....

[937huff26] 05/6/2009 14:28

In at 0.74 hope annual report is positive could be a nice score

[induna123] 05/6/2009 07:55

Just got in at 0.84.

[asmodeus] 04/6/2009 19:38

Don't worry - I never take my eyes off the damned thing!

[philjeans] 04/6/2009 19:33

Brought down for a reason; the favoured few getting in before the results - watch it zoom next week.

[jerrymoon] 04/6/2009 08:43

yes i agree

been building a position 0.80 +.

[philjeans] 04/6/2009 08:03

Could be worth a punt now; price is well down from the silly prices over the past year or two and business is starting to motor.

Just gone long on a modest stake.

[scrutable] 01/6/2009 23:58

emuphil

I don't agree that the shares are pricey. AXS already has visible forward income of E 130m over the next three years from production licence deals covering 500K cub metres/pa from China, and 150K cub metres/pa from the Gulf countries. That suggests that something above E40m/pa cash stream is already flowing into the company over and above the rapidly increasing direct sales from the test production unit at Arnhem. Forecasts for the year to end March 09 and the actual results announced are likely to have been already overtaken by the current cash flow run rate

Admittedly under IFRS this income can only be recognised as invoices arise from work done in progress with building the plants in China and the Gulf states. It could be accruing ahead of actual progress for which delays have been reported.

Options for further deals have already been taken out for a further 370 cub metres in respect of which E74m becomes payable as and when/if these options are taken up to cement further production license deals.

I expect the market to be pleasantly surprised when the annual figures are released, I believe, a week later than last year ie in the middle of next week.

Chiefly of interest will be indications of the rate at which Accoya wood export sales are building up through the new distributors in north America - surely the largest users of wood for housebuilding in the world.

[emuphil] 18/5/2009 10:43

Good company, but agree with posts above, looking a bit pricey at the minute.

[andy] 13/5/2009 12:55

Holders should enjoy this article;

[937huff26] 12/5/2009 18:33

I agree, like the product but a long way to go in uncertain times 0.7 sounds right for a dive

[onlythebest2] 11/5/2009 13:28

I'll only buy into this at 0.7 - don't like the pricing here...

[tbow112] 10/5/2009 21:39

Is anyone able to provide the number or numbers of any AXS patents ?

[scrutable] 22/4/2009 21:32

SITIAIN - 21 Apr'09 - 20:23 - 1060 of 1060

....I have also heard there is a small bid rumour...


I have not heard it, but if true would not surprise me. There are precious few new global patents coming into view, demand already proven, which have such high volume potential, have universal relevance in every country, and are so timely a contribution to a major global problem. Large corporations are generally unable to stimulate a development of this nature - so this is natural prey.

Akzo Nobel has been nursing Accoya for the last 10 years through their subsidiary Sikkens Joinery (see RNS 3 Nov '05). It would be natural for them to think of swooping on the company once the technical risk had been eliminated, and it was easy to foresee a growing concern of global potential, and to do so before the company and product was visible on everyone's screen. Non-exec Gordon Campbell was once CEO of Courtaulds a world player in rayon textiles and other cellulose based industries. They too would have a natural interest in this development

[spudders] 16/4/2009 19:55

Good news, Accoya easier to obtain for end users in UK. Used to have a big problem getting hold of the material BSW was the only distributor, I believe in England. Timbmet are a good company & hopefully they will split packs. The buy a whole pack attitude was not very helpfull for small joiners/builders, hopefully things will change now. This is all imho :)

[scrutable] 16/4/2009 16:12

Sittain

Clearly from the paucity of posts here, few investors know anything about this singular company. The share price is probably responding to the opening scheduled for yesterday 15 April of a 60T 32 metre long main traffic road bridge for the A7 entering the city of Sneek, Holland, made entirely from Accoya wood, and guaranteed for 60 years..

Some of the rise could be in advance to FY results due in mid-June. They are likely to be good anyway but I expect them to surprise on the up-side.

The Q3 report in Feb was very strong with direct sales from the company's own production at Arnhem, Holland, up by 50% in value (33% in volume )compared with Q2. Since then they have arranged distribution through two giant N.American timber firms so that direct sales should still be accelerating. Nowhere in the world is wood used outdoors on the same scale as in N America for housing.

The recent option contract in Europe will hopefully transform into a production licence - as did the previous two option contracts in China and the Middle East. If so the option leads to a contract for 150,000cub.mtrs/pa and incurs a licence fee of E30m plus royalties of up to E3.3m/pa. Foward income has a very visible component from these licences which so far totals E130m spread across the planning, construction and commissioning periods of each, which for the smaller of the two projects al Rajhi is four years. The results will carry critical information re cash position. Heavy investment in capacity will have swallowed much of the E30m cash held at the Interim stage. The company will soon need to earn licence money from another contract to avoid raising new cash

The process is strongly patented and the only competition comes from traditional sustainable hardwoods. This development will help to slow down deforestation of original forests, and should benefit from natural support from the global green lobby.

On 17 March ,09 the company signed an agreement with a leading European panel maker to cooperate in applying the process to softwood fibres and thus improving MDF to make it suitable for outdoors.

[sitiain] 16/4/2009 05:36

wowo any rumours about why we are up so much ?

[andy] 08/4/2009 17:09

Recent CEo interview;