Share Name Share Symbol Market Type Share ISIN Share Description
Accsys Technologies Plc LSE:AXS London Ordinary Share GB00BQQFX454 ORD EUR0.05
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.20 -1.28% 92.70 91.40 94.00 94.80 91.40 94.80 21,567 16:35:04
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 83.6 1.3 1.8 50.8 152

Accsys Technologies Share Discussion Threads

Showing 1451 to 1474 of 1775 messages
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I see quite a drift downwards, oh dear. Spudders, if you still visit this board, I live in Maresfield, was Brighton hence screen name) and also have a joinery firm, though not in Lewes, but down the road a bit in Guang Dong. I currently produce 3 x 40 foot high cube containers for the UK every 5 days on average of timber and MDF shutters, and now am making an engineered waterproof shutter in ABS, but our best seller is a n engineered MDF product with polypropylene coating, we are now about to make same product with a waterproof mdf filler and drop the ABS product because the cost of ABS is too unstable. The tricoya would do the job but it prices the product we want to produce out of the volume end of where we want this product to compromising and hoping that an added PP coating on "waterproof" mdf will cope.. I keep hoping that this company will make it and would like to use the products, and will when the price becomes more realistic, I will also invest in the shares too, big time when I can see this happen. Sadly cannot right now, management costs are still top heavy. Holland is probably the most expensive country in Europe to live, and staff costs there are huge. My manufacturing partners just shut their european offices in the Hague because of this and relocated.
I was involved in importing MDF when it first came onto the market, (imported from Zealand). It was a hard sell, as it was at least double the price of chipboard, slowly but surely manufacturers began to use it because even though the product was more expensive, different methods of manufacture were employed which made it cost effective. I wouldn't be at all suprised to find the same scenario with accoya/Tricoya. The other thing to bear in mind, is that uses may well be found for accoya/tricoya where timber is not currently used. With regards to window frames, when it becomes apparent that the upkeep of accoya over the lifetime of the window will probably be many times cheaper, plus it will keep it's appearance longer, it is likely to be viewed as a far supperior product. If it was all down to the price of the timber, there wouldn't be any hardwood frames. Am not yet a a shareholder, but just starting to have another look. Cheers Iasike
monopoly or virtual monopoly, presume the latter. If so there must be a reason why joinery forms don't buy accoya and that would be that its an extra sell because it more expensive. When I first offered FSC registered timber shutters I had to charge 15% more for the products, no one wanted to pay and my sales staff said they had better things to do with their sales time.Same thing. The marketing Accsys do must cost loads, always huge stands at expos , lots of marketing and management staff, maybe they should do what I did to become market leader, cut management, cut marketing and lowered prices, and let the price and product do the talking. When you have investors in high tech businesses that are floated its all about sizzle, or it was in the boom years, never mind the profit, how is this for a story, the computer industry realised that they had to produce profits eventually and this died down a bit, but not here.
bt - westgate have a monopoly for Accoya in South East. If you are replacing windows you would be better off buying the timber through International Timber and getting a local joiner to construct them. If you want a few joiner's numbers, let me know as I used to have my own joinery in BN7. Lots of alternatives being produced using engineered timber on the market, but I still keep holding AXS at a loss :(
BT - Personally I would never use a polythene wrapper on softwood fence posts; water can enter from above and just stay there in the wrapper. I would rather coat the base of the posts in bitumen paint and set them in concrete - which to my mind would seem to make the whole thing more expensive, and mean more work. Then of course the above ground sections and fence panels (or rails) have to be regularly treated too. I know most land owners just let them fail and replace them when they fall off. That is why I would choose Accoya, rather than treated softwood, and oak would be out of the question because of the price of oak. That is also why I can't understand why building a jetty out of oak would turn out to be less expensive than using Accoya...unless the reason is the limited size of the products available (at the moment). As for window frames and shutters, they may well last a long time above ground, but that is because they are nowhere near the soil (unless you include window boxes) and regularly painted. Accoya however, does not need to be painted, wherever it is, and looks a lot better for it - at least to my eyes. I don't believe guarantees which last 20 years, however well intentioned. The company may have disappeared by then. You either trust the product to last that long or you don't. PS. I'm not thinking of digging out my old fence posts just yet, so no quotes please :-)
tsk 1
Also should add that wood rots but not as quickly as you may think. Look around London at sash windows, some are over 150 years old, most are 100, made of pine mainly, they are rotting but still there largely. Modern paint systems can allow timber window manufacturers to offer 20 year guarantees.
When you put in fence posts you use a polythene wrapper below the and at ground level in acidic soil, cost .05p.. I have a 40 acre estate with about 3/4 mile of post and rail. I also posted while ago I looked at building a jetty with accoya and it was really expensive compared with Oak or greenheart and came in limited sawn widths 75x100mm from memory (at timber merchant stockists), had to bolt 2 sections together, its not as simple as you think, as using treated pine.(The stainless steel bolts pushed the price up too.) TSK, at the risk of appearing a know it all, I should add that I am in the timber products manufacturing business with a T/O of £10M+ and own the company, so know a bit about timber..25% of all shutters sold here in the UK are made by me. a prime market you would think for accoya, even says so on their website, however we looked and could not make it work for us, because of price. Benefit was not great enough. Am still looking though and having some windows quoted in accoya by When price gets to the right level it will sell.
I'm not so sure... "Good morning sir" "Good morning. I'd like two dozen fence posts please" "Okey Dokey. How old are you sir?" "Me? I'm sixty four" "You'll be wanting some preservative as well then...for the fence posts I mean" "Will I?" "Oh yes, unless you want your fence to fall over when you're sixty five" "How much will that cost me?" "That depends" "Depends? On what?" "On how long you live. You can keep coming back to buy 5 litres each year - or you can buy 100 litres now and keep your fingers crossed" "Have you anything better? Apart from five tons of bricks?" "Of course. Accoya" "Bless you"
tsk 1
Reality kicked in...timber is sold on price.....price is too high. Its the facebook of the timber world only much worse.
I wish I knew what happened on the 9th February 2011.
tsk 1
Results look a bit dull, more of the same, drip drip losses, more marketing spend, companies not honouring license agreement promises. Looks like some good selling goes on and then the companies concerned get buyers remorse. They talk about tough trading conditions for timber products and blame results on this, not true. The timber window business is growing, my shutter business is growing, in fact I have moved into windows as well because of the growth. My guess is that the coatings you can use today give 30 year protection for a lot less than the premium for accoya and 30 years is plenty of guarantee for most people. you really only have to look at victorian terrace Sash Windows, these are 120 years old and some are still OK although need replacing now because single glazed, you would think accoya would score here but no one does a house up for 2 generations ahead, they do it for the lowest price that works and looks good..
The Russians are coming? Zurab Lysov Owner, SWIFTLINES Location Russian Federation Industry Transportation / Trucking / Railroad
Good news, mentions it on the bp. page as well so bit of exposure there...
Accsys and BP Chemicals Announce Strategic Collaborative Relationship
Accsys Technologies PLC ("Accsys") has made advances towards delivering on its strategy of seeding the market and developing licensing and strategic opportunities with its market leading acetylated timber products Accoya(R) and Tricoya(R) wood elements used within the new Medite Tricoya(R) MDF, as well as maintaining a focus on working Capital Management. Highlights include: -- Increased the supply of acetylated material to Medite for the production of Medite Tricoya(R) which is now being sold in the market; -- Continued progress with contract negotiations with a major multinational corporation following comprehensive heads of terms being signed in November 2011; -- Revenue from Accoya(R) increased by 40% compared to the same quarter last year and increased by 24% compared to the second quarter of the current year; -- Other operating costs have decreased by 14% for the financial year to December 2011, compared to the same period in the prior year; -- Cash of EUR25.5m at 31 December 2011 compared to EUR27.1m at 30 September 2011; and -- 46% reduction in finished goods inventory and 37% reduction in raw material inventory from peak levels. Supply agreement with Medite Europe accelerates Medite Tricoya(R) market entry The supply of acetylated material to Medite Europe Limited ("Medite"), which commenced in September 2011, for the production of Medite Tricoya(R) panels has increased and Medite Tricoya(R) orders have now been delivered to customers in Ireland, UK and the Netherlands. Medite Tricoya(R) was officially launched, 2 years earlier than expected, at the Material Experience in the Netherlands following the earlier launch at Timber Expo in the UK. We have worked closely with Medite to provide marketing support through the development of Tricoya(R) brochures and the launch of the new website in English and Dutch. We look forward to continuing to work with Medite and have plans in place to launch CPD educational programs for architects and a campaign of advertising in Ireland, UK and the Netherlands in the coming months.
Accsys announces that it has been notified that Montague John "Nick" Meyer, a Non-Executive Director of Accsys, has today purchased 75,000 ordinary shares of €0.01 each in Accsys at a purchase price of €0.1675 per ordinary share.
Nice chart most days just ticking up
I should add that on earlier post I mentioned that I considered accoya for a jetty I wanted to build (out of my pocket) and it was 30-40% more than green oak so I discounted it, other reasons were the cut timber was not in the sizes I wanted, from memory 75mm thickness planks max that needed to be bolted together (to give required 150mm) with stainless steel bolts (that was a big extra cost, SS costs a fortune these days). So its not just the timber cost, its also the sizes they can apply the process too unless these are just whats available from their distributors. In the end I made the jetty (initial quotes £13,000) for just over £1600 using scaffold tubes rammed into the mud with bolted cross sections as braces slotted and hammered to hard mud level to prevent further sinking, then constructed a 6x2 and decking covered frame which concealed the tubes and coated the lot in a commercial timber sealant. Job done, will last 15-20 years, by which time I will have moved either somewhere else or underground. I mention this because I am a "customer" and this was my genuine experience. I was looking at accoya before this commercially though and thought to test it on personal project.
I understand that the process itself is expensive hence the price points being as high as they are, which means there is little leeway on price, which in itself is the problem probably. Tap3, oddly the bridge photo is a good one given the only realistic market which is public projects that have to last a long time and where the installation costs far outweigh the material ones,( in my opinion.) This is a large market in normal times, but we are not in normal times with public expenditure being cut on exactly this type of project.
Message to Board Yes it's a good product but it's too expensive. Focus on what the market needs... and get the price right. It's all very well to set up lots of worldwide outlets BUT get your product right first! Set fire to that dreadful bridge - or at least stop advertising it. Who on earth thought it would be a good advert? And, who on earth thought that you needed to set up world wide outlets before you had developed a successful product? MDF development, however, looks promising.
I am still here, watching anyway but still not buying in although would have seen some good profit if a bottom feeder if that was the bottom...Spread is large for short term trades so not an ideal play in the penny stocks end of the portfolio, better to punt on yell if that's what gets your thing up in the morning. I see automated trades are playing up on the millenium exchanges quoting system triggering alarms, maybe someone has worked out how to raise the price enough to sell more than bought covering spread and this somehow has egged the share price on. Having said all that I am still holding same opinion on products but Medite's treated mdf has yet to show through in results. I do know for sure that the real mdf price compared to real timber/woods is so much lower we are selling 50-60% mdf made products now over timber as people want paint finished products more than natural wood stain finishes and mdf does the job as well or better than timber when painted. We still find its cheaper to coat with polypropylene mdf then use this product and it achieves enough water resistance for our purposes. The main thing is and always will be, green is OK but no one wants to pay a premium for it when it comes to check out. If a cheaper product does the job and looks the same then it will sell and manufacturers will not take the risk using more expensive materials because of this. The good news though is that cheap hardwoods are becoming scarce, trees are being cut earlier as investors cannot wait for returns so this pup may yet turn into a dog, or is that the wrong expression to use...sorry.
dunluce- you are correct ukjerry--this stock is eligible for ISA inclusion I held them from the outset. took a massive profit near the top, then stupidly bought some back in my ISA just before the credit crunch.
Certainly not going to get too carried away asmodeus- I see potential but as I said not the blue sky growth that was discussed a few years ago. Brightontrader has been a useful contributor to this board.
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