Accsys Technologies Share Discussion Threads

[ebomber] 14/9/2011 08:44

Following a year of
considerable change and
challenges, I am optimistic
about the future. We now
have the right team in
place that is focused on
delivering increased sales
and further improvements
to our technology and
processes.
We continue to target the
signing of a total of at
least 30 distribution, agency or supply agreements and our
objective of establishing Accoya® wood as a truly global
brand. Together these are expected to deliver the level
of sales which will result in the Arnhem plant breaking
even and ultimately moving into overall profitability, even
without taking account of any licence income. The progress
in negotiating new licence agreements has been steady
but we strongly believe the longer term value of Accsys
continues to be in its ability to licence our technology.
I am pleased by the progress made in the on-going
development of Medite Tricoya®. This ground-breaking
new composite panel product is being developed with our
joint development partner, Medite Europe Limited, and
delivers a new degree of reliability in exterior and wet
interior applications. Significantly, the Building Research
Establishment (BRE) carried out independent testing
that concluded Medite Tricoya could meet demands for
a desired service life of 60 years when used in exterior
applications. Three industrial production trials have
successfully been carried out over the last year and I am
confident that following further production and market
trials, the commercial feasibility stage of the development
will be concluded.
While wider economic conditions remain challenging,
we are confident that Accsys is well placed, in particular
we believe the longer term trend to move away from
unsustainable tropical hardwoods will lead to ever growing
demand for Accsys' superior, environmentally focused
products.
Finally, I am delighted to announce that the first Accsys
Worldwide Conference will take place in Arnhem from
13-15 September, 2011, with a representative from each
of our distributors worldwide invited. The conference will
facilitate the sharing of ideas and knowledge and enable
the showcasing of new products, projects and sales
support tools. It will also provide a forum for highlighting
opportunities and attendees will have the chance to visit
our plant and see live projects in situ.
Paul Clegg Chief Executive Officer

[ebomber] 14/9/2011 08:30

3 day dealer / distributor conference that started yesterday!!!

[dunluce] 14/9/2011 05:50

Anyone know anything to cause the upsurge?

[lufc5] 13/9/2011 16:58

Most of trades in last 5 mins. Could be interesting in the morning.

[spudders] 13/9/2011 16:44

Big move today, something happening at last :)

[brightontrader] 11/8/2011 06:12

The interims are showing a company in slow motion......trying to survive and pay the directors.

For all the noise and marketing for instance, 90,000 visitors to website over a year is pretty poor, I have an old ecommerce site www.discountblindcentre.co.uk that gets this in unique visitors (8-9000 a month) with no marketing whatsoever and just me as a director, and this is just one of my sites.

The MDF is interesting and this may be the key for the future. MDf is not used in potentially damp/wet place due to absorbtion and swelling unless expensively treated, we for instance extrude plastic coating (PP)using expensive tooling and another process over spindle molded MDF as mdf also has most strength in skin, so when cut loses this. Maybe the Medite product counters these properties, but at what price.

Get the price right then you are into some serious sales. The factory that I use for my shutters would buy more MDF a year than all of Accsys' turnover, and thats just one factory.

So there is a story here but really, what price is the mdf going to go out at, if this is competitive with mdf using 2-3 stage processes to get the same result then it will sell.If its priced too high it simply will not, as manufacturers already have processes to achieve the results they want. It has to offer significant savings over other processes it replaces.

When we looked at this product a while back the mdf (future) was interesting, although not available, only an investor sizzle story.

11 years ago I was employed by a dotcom as Sales director, they had written some software that didn't work basically and booked at stand at Comdex in Vegas at £100K plus, I wanted to cancel the show and use the money to re write the software but the board outvoted me because they needed the sizzle to keep the investors happy. I left and bought the office furniture and computers a few weeks later for £1000 from the administrators when I started my own company.(Parable of the week)

[spudders] 10/8/2011 12:01

Anyone interested in the interims, things are looking up. I need this to 10 bag to break even :( still like the product but not convinced the building trade will embrace Accoya until the price is alot cheaper.

[brightontrader] 31/5/2011 10:15

I still watch this board as hope product makes it, but still think that problem lies in price,as link below supplied by Gio demonstrates clearly. Cost to buy is more than anything else, even if cost of ownership is better over time, this does not take into account (I think) inflation. So capital cost is high. Only really makes sense for a municipal project where that investment is necessary and councillors can argue their choice was a long term decision.





For my shutters I have found a timber (cannot say it s name for commercial reasons, or where it comes from) but its cheap, plentiful, has good properties, is a fast growing hardwood and has FSC status, resists water, is harvestable in 8 years for our purposes, 4 years for fibre for MDF, and so good we are leasing several 1000 of hectares to grow this specifically so have guaranteed supply.

Compared to Accoya its less than a 1/4 the price.......adn will last, as an interior product longer than the buyer will live, job done. for exterior, tiny market in UK, holland is a bigger market, it may be still be interesting, but its still a lot more than western red cedar, thats the price point they have to match.

[giovannina] 12/5/2011 22:39

Tests conducted by the BRE have shown that windows made from Accoya wood can last up to 60 years. Accoya is a timber that has undergone a treatment process called acetylation that enhances natural timber's durability. The BRE conducted field tests over 13 years that demonstrated acetylated timber lasted longer than wood treated using ASA preservatives.;o)

[giovannina] 27/4/2011 12:50

whatever suits you...I keep buying ;0)

[asmodeus] 27/4/2011 12:10

Of course, it might carry on diving - but I suppose diving is a form of flying?

[giovannina] 27/4/2011 09:17

news leaking out of new contracts,this will fly onces the overhung is over.....

[ebomber] 27/4/2011 08:45

It is encouraging today to again see some real volume in this stock.

I hope for my wealth, some substance behind the increase.

[ebomber] 19/3/2011 22:17

The notifiable institutional holdings declared in the last fortnight provides me with some confidence this remains on the radar of not just the private investor.

I hope the reverse in share price fortunes in the last week continues for this unloved stock that offers considerable potential.

[giovannina] 18/3/2011 14:54

page n 8. hope this helps.Jo.

[brightontrader] 18/3/2011 13:21

if its square metres how thick is it exactly, ie: how do you get £450 per square metre?

You cannot buy Accoya in any size, it comes in set sawn sizes, thats why when I calculated the jetty I had to use 150x75mm x 2 and bolt them together to get teh strength I needed to do the job structurally. You can buy engineered wood sheets in SM,like MDf or chipboard etc but that is in thickness, 18mm or 25mm more used for timber planking, so what was this price for?

When you buy timber you have to take into account how big the tree is it came from, Oak logs are huge compared to pine logs, errrh.

[giovannina] 18/3/2011 11:52

bt...you can buy wood in any way or form sq m or cubic....new UK building regulations mean that by 2016 new homes should be carbon neutral,so no need for forest to disappear.....Accsys has trebled their sales in the last three years....the shares look very cheap...keep well ;o)

[brightontrader] 18/3/2011 10:12

well I don't know where the Gio's price of £450 per SM comes from as we buy cubic metres not square ones but the price varies a lot depending on when and how much you buy. You also have to look at what sizes it comes in for the purpose you wish to use it for. Accoya comes in fairly small sizes, I think due to the pine tree that they started with and probably the process they put it through needs a certain maximum width to get the chemical penetration. (This is pure suppostition on my part.)

$100 bn, well thats pretty wishful thinking, I wish you luck on that one.

As far as using accoya myself, on the fencing I would have used it for the posts had I known about it when I did them but the contractor never mentioned it and used Oak, which was expensive but only slightly less than accoya, I would imagine if it was marketed for this purpose maybe he would have proposed it, then again I would have maybe baulked at teh extra cost as I don't know how long I am going to own this property, I am not a lord or baron who passes this down the generations.

I can tell you though that I had a jetty costed in Oak and accoya and I went for the oak at £11,330 against £13,500 accoya. with teh accoya we had to use 75x150s bolted together for the support posts whereas Oak we could get 150x150 single pieces, that added to costs having to use stainless steel bolts as going in at waterline. (Example of size problems)

As far as using it for shutters, explained earlier, too expensive still.

These processes have been around for a while, we use something not far off this for Paulownia or Phoenix tree, its very soft and wet so it gets treated and hardened, when finished off its harder and very light, like balsa, but cheap as no licensing required for process and process is cheaper.

I think this company is a "story" share, good marketing, deputy PMs brother running it gives it some credence, but ultimately they have to reduce the price, make the process cheaper to do or wait until the forests are all gone before they are successful.

[giovannina] 16/3/2011 18:09

Accsys estimates market opportunity is worth €100bn.I believe they will get there.This could easily go back to €1 by year end.Keep whatching,I keep buying. ;o)

[asmodeus] 16/3/2011 17:17

From brighton's post above: "....becuase no one wants to pay more that they think they are going to own the item for time wise".

I'm afraid it's going to be difficult to get volume sales, then, giovannina.

[giovannina] 16/3/2011 15:41

unfortunally Accoya is more expensive of hardwood £450 per sq m compare to £400 but in the longterm works out cheaper because not need for maintenace.....so it is a good investment for the long term.

[asmodeus] 16/3/2011 10:07

So how does Accoya compare in price to the above, brightontrader, and have you, or would you use it for your own fencing? You must be in a better position than all of us to know!

[brightontrader] 16/3/2011 09:19

Hardwood has a huge range of price depending on what you want to use it for. Poplar one use is for sofa frames as is strong and cheap but doesn't look very good for instance but can with care be used as a stained timber.

Basically the product is looking for a market. The market already is serviced in different areas by timbers that do the job for the price they are sold at.

I mentioned timber use in wet areas such as bridges, jetties, soffits etc. Its very good in these places as lasts longer than other timbers, in the case of soffits of course you can use uvpvc, which is cheap and lasts but looks like crxp.

What you need is a high volume use where it makes sense. On a personal non business level, I have post and rail fencing aorund my grounds, 2 miles of it, and I use sweet chestnut and more recently Oak for the posts. The ground is acidic and wet, (sandy) and the posts only last 10-15 years as rot at ground level. I repaired a very small portion recently costing me £6K, could only afford ot repair posts and with Oak supports screwed to existing rotten posts, plus a lot of chestnut rails. If I was putting new post and rail and this product was the right price I would use it, a lot of it......and I am only one consumer, albeit with a large fence.

I talked to my Chinese partners about this timber and they could only see benefit in exterior shutters technically but we already offer Western Red Cedar as a premium product and siberian Larch as cheaper option, we sell mainly Larch and have trouble selling cedar, simply becuase no one wants to pay more that they think they are going to own the item for time wise. In europe our competition use just pine, its doesn't last half the time larch does but they sell X times more than we do becuase its cheaper. Its hard to sell quality, needs selling.