Accsys Technologies Share Discussion Threads

[asmodeus] 15/10/2009 08:12

Good news about American distributors, though:-
"Accsys is pleased to announce that it has reached agreement with a number of
distribution partners in North America as it continues to focus on its sales
network. The list of partners includes Universal Forest Products, Inc., a NASDAQ listed company which had over US$2 billion of sales last year."

[skyship] 15/10/2009 08:03

Disappointing trading update - but the bearish factors were all known, so any share price setback will be very temporary IMO.

[5070481] 14/10/2009 11:17

we should be getting a breakout soon on this. Far too much volume of late and great news previously regarding increased revenues

[skyship] 13/10/2009 18:14

No! You may well be right. Whatever - certainly ACTIVITY...

[masurenguy] 13/10/2009 17:28

Are you sure it was a Buy at the midprice rather than a stock transfer between brokers ?

[skyship] 13/10/2009 16:07

Another 2m bt @ 70.1p!! Is something going on here? If the tap dries up we could be motoring sooner than expected...

[skyship] 13/10/2009 12:16

Some big buying going through again today - 1.1m in the past few minutes - could be the Finns back for more.

Volume is very often the precursor to a sharp move, so it is interesting to take a look at the volume in the chart header.

[masurenguy] 13/10/2009 09:07

damanko - could you add daily and long term charts to the header. TIA

[937huff26] 08/10/2009 21:50

I have to say and all imho this looks like a fantastic entry point, this company makes money, wow

[skyship] 08/10/2009 08:01

Damanko - quite right - edited accordingly.

Encouraging to see that Finnish mutual fund management group has today announced that it has bought another 1.7m shares, taking its stake through the 6% level..

[damanko] 07/10/2009 18:30

Interesting post SKYSHIP, though Accsys never went towards £4 pounds, the currency was (and is, for this share) € / Euro. Funnily enough, not a lot of difference between the currencies right now, but - at the time it was indeed rocketing, the exchange rate was very different.

In effect AXS placed at around the 80p mark, four years ago. However, your post highlights the fact that it is pretty undervalued right now. It hasn't really had any benefit from the remarkable stock market recovery in recent months.

[skyship] 07/10/2009 17:54

The Accsys Technologies (ASX) story of a chemical process that effectively turns softwoods into hardwood, certainly caught investors' imagination back in 2007 when the shares rocketed close to £3 for a Mkt Cap of c. £250m.

Since then the hard work of matching delivery to expectation has deflated the share price all the way back to c.60p – a level which now might well undervalue the very real global prospects for this totally unique patented technology which sells under the trade name ACCOYA.

In their 18th September issue MONEYWEEK highlighted ASX as a "Gamble of the Week" at the current E.0.67 (c.61.5p). I've had a look and I think their heads-up is a timely call.

Well worth doing a little research; as in my estimation the Technical Analysis of the share price suggests that we may well see a breakout from the recent consolidation phase back to the 80c level where the share price will tackle the 2yr downtrend - & a break through that would suggest a rapid recovery to the E1.20 level (110p).






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free stock charts from www.advfn.com

[937huff26] 02/10/2009 14:39

SITAIN
It wood get my vote but have you noticed how recycling and saving the planet goes on the back burner when the global economy is in trouble, they will be looking for ways to increase tax revenue so maybe a hardwood tax to go with the carbon one, that would be sweet

[sitiain] 02/10/2009 10:18

possibly, BUT
would it not make sence for governments around the world to ban the use of hard woods.
i can see this happening
amazon is responsible for 25 percent of the world oxygen and we are still allowing it to be cut down.
we must all be very very stupid.....
pay brasil an oxygen tax and leave the tree alone ..
so many obvious moves the world has to make .

[937huff26] 23/9/2009 17:10

Right company, right product, wromg time unless your prepared to wait for a global upturn in construction IMHO

[icarus4123] 20/9/2009 20:26

Tipped in Moneyweek

[xonghile kudu] 31/8/2009 14:06

Does anyone know what percentage Saad Investments currently has?

[silverthread] 20/8/2009 08:32

Today's interim statement seems to show revenues growing OK and sensible management control of costs. Accoya succesfully used on a road bridge is interesting. I didn't realise the material had that degree of strength.

[asmodeus] 10/8/2009 12:22

Many thanks.

[ted32] 10/8/2009 10:31

Panmure Gordon has raised AXS to hold from sell

[ted32] 10/8/2009 10:00

There was a tip from Mail on Sunday.

[silverthread] 10/8/2009 09:51

I guess it's the same as the justification for the fall down to the 50s on low volume and no news.

[asmodeus] 10/8/2009 09:10

So 431,000 shares are traded this morning, and the share price rises by 11.7%, with no obvious news. Please would those who have knowledge of the justification for this rise please be kind enough to tell us what this is?

[asmodeus] 07/8/2009 15:37

Sorry Lads; can't attend AGM after all (Hospital appointment).So I will submit my question in writing, and will have to ask others to do the same.