Accsys Technologies Share Discussion Threads

[the skies the limit] 15/1/2007 11:55

I would expect a considerable amount of profit taking now after the sharp rise of late. www.armshare.com have indicated in their review they have never seen a new listing such as this with such a high cap with no revenue before.

[fryern] 13/1/2007 11:47

This_is_me - 13 Jan'07 - 01:15 - 131 of 132


Fryern

It was a MBO so it is private equity.

Thanks 'you'

Have to find a back door.......

[damanko] 13/1/2007 06:01

MikeH: AlHamdulillah! Believe it is done. Thanks. Think I'll look for work in the IT sector now.......... I'm fed up working in the Libyan desert in any case. Sand & camels lost their novelty value years ago. Fryern, seems like the better part of the old STG management went to Accsys, and the rump to Medicsight............., yes? Happy New Year by the way. If M&C send anything else regarding "buying out minority shareholders" I'll post it. Have a sneaking suspicion they are slowly selling equity in Accsys though.......

[this_is_me] 13/1/2007 01:15

Fryern

It was a MBO so it is private equity.

[mikehardman] 12/1/2007 22:54

damanko - as M.T.G. says, it can't be done using the !shorthand notation

but it can be done using normal HTML and a link to a normal ADVFN chart...

1. remove LTCHART

2. put this in its place:
<IMG SRC="http://www.advfn.com/p.php?pid=legacydaily&epic=AXS&type=1&size=2&period=6&ind_type1=1">

[fryern] 12/1/2007 22:18

Chaps keep this (AXS) a secret otherwise the shares will get expensive

Out of the same stable MGT..... www.medicsight.com..... same address Berkeley Sq.

For real fun watch out for this..



Not sure how you buy into it..........
who cares about your local Post Office !!!!



Need to find a way in.......maybe just maybe..

[m.t.glass] 12/1/2007 22:02

damanko - you can't actually add volume to any of the charts within the standard chart array used above. You would need to post additional chart (or a replacement set of charts). I would suggest leave as is if that's not something you are familiar with doing..

[damanko] 12/1/2007 20:04

asparks - apologies, am a bit of a dunce. Tried earlier to put the volume chart in. If you post how.... then I'll gladly edit & insert it.

[m.t.glass] 12/1/2007 17:44

An architect friend of mine emailed BSW to check on whether accoya is readily available across the UK yet - and whether small local joiners can expect to obtain it via their regular merchants, from BSW. Here is part of the email reply:


"...We have been involved with extensive trails at joinery manufacturers
across the UK and 'shop floor' experience has matched the impressive
laboratory testing results. Workability, coating compatibility and
appearance have all been better than the materials currently used by the
factories.

The commercial production of Accoya(tm) gets underway in the first 1/4 of
2007 and we will be supplying to two customer types.
The first are direct joinery customers who meet certain commercial
criteria.
The second are specialist timber merchants offering national supply to
joinery manufacturers using smaller volumes of Accoya(tm).

The price of Accoya(tm) is comparable to quality tropical timbers and
western red cedar. It is significantly cheaper than Oak for joinery..."

[dunluce] 12/1/2007 16:37

Another good day - now hit my short term tgt of 2 euro ( much sooner than anticipated it has to be said). I think this is now beginning to hit a broader audience and the potential applications of Accoya appear to be huge - I for one was not expecting a bridge but was pleased to read some of the comments made by the Dutch Project manager re. Accoya.
Busraker1 - think you make a good point re profit projections and I would like to know rough profit margins on Accoya - will need to look into these.
Very happy to hold based on progress and setting a new six month tgt ( based on current strength) of 2.5 euro. Any thoughts appreciated.

[asparks] 12/1/2007 15:47

sorry russ cant help.

its a shame this seems to be off most people's radars. I've been watching since the start and wish I had got in earlier (did so this week). could have made nearly 100% in 12 months

[busraker1] 12/1/2007 15:39

Does anyone have access to the broker note or at least the assumptions that are being used in arriving at the profit projections.

Russ

[asparks] 12/1/2007 15:21

damanko - pls can we have a vol chart in the header?

[busraker1] 12/1/2007 13:10

Think I'll take back what I said about Accoya not looking that good. The acetylation process doesn't alter the appearance of the underlying wood as such, apart from a little bleaching occasionally. It's just that it is usually applied to softwood, and softwood inherently doesn't look as good as oak, somewhat obviously!

Can everyone stop buying this while I do more research. :¬)

Russ

[damanko] 12/1/2007 12:23

Correction - 15.1% holding, per the M&C Accounts, dated November 2006.

[damanko] 12/1/2007 12:21

asparks, regarding the holdings. As far as I'm aware (ie in last reported accounts) Macniven & Cameron own 20 odd percent of Accsys, I suppose with the price being what is it - they may have offloaded a few million shares recently?

[asparks] 12/1/2007 12:10

wow this is flying now

[busraker1] 12/1/2007 11:45

The bridge looks quite interesting to me but as you say the sections are enormous. Compare them to a car on the road below. However, that's just the limitations of timber in structural situations. Bridges aren't the main application for Accoya thankfully!

My main issue with Accoya (which I think is an amazing product with a big big future) is that it actually doesn't look anything like as good in real life as oak. If it did, it would be game over for plastic. As it is, it looks slightly plasticky and, when finished with some timber treatment looks somewhat hard, smooth and plastic. Which is ironic cos the UPVC boys are trying to make their plastic look like wood!

But, you can't have everything and it seems clear it is going to do very well indeed,

As to whether it's a good investment I don't think anyone can know that without answers to the following questions.

1.How much revenue does Accsys earn per m3 of Accoya sales.
2.What is the Gross Profit margin Accsys will earn on sales.
3.What will the terms of the licenses be, in terms of the value of royalties payable per m3.

Russ

[asparks] 12/1/2007 10:47

no one is selling any of these. price due to rise again

[this_is_me] 12/1/2007 10:46

Keep taking the tablets yump, and sign up for GCSE Chemistry!

[yump] 12/1/2007 10:43

imo the bridge looks cute and I would def. use it on my model railway. Balsa wood is too fragile.

Be useful if they managed to put waste paper in one end and get Accoya out the other...

Gave me an idea which I just tried ... if you get some rotting wood (which is lot lighter than solid good wood) and then tip that wood hardener stuff onto it, you get a lightweight but very strong material which could be used for modelling. Off to try it with a mix of sawdust and shredded paper next.

Will let you know when I float the company ;-)

[asparks] 12/1/2007 09:59

FYI here are the Inst holders:

Does anyone know who added 6 million in Dec 06 - they have not been declared yet?

14-11-2006 AXA + 326,087 7,226,087 5.2000
25-09-2006 AXA - 6,900,000 5.2100
------- -------
23-11-2006 Oak Foundation USA Inc + 3,311,586 12,009,586 8.6100
26-07-2006 Oak Foundation USA Inc + 6,198,000 8,698,000 6.5700
------- -------
14-11-2006 Rathbone Investment Management + 1,241,050 8,143,800 5.8600
25-09-2006 Rathbone Investment Management - 6,902,750 5.2100
------- -------
14-11-2006 UBS + 4,891,682 4,891,682 3.5200

[this_is_me] 11/1/2007 18:43

Acetylation is used in a lot of processes. I presume the patents are to do with the details of the process.

How do they manage to get the smell out? Do they neutralise the ethanoic acid, use heat or wash it out?

[fryern] 11/1/2007 18:26

Have to disagree I think the bridge is beautiful but then I love my oak.

Fortunately we have one of UK's biggest oaks that is still a full tree and about 700 years old. The span is around 150 feet.

The old stone house is also full of oak which 180 years ago was all that was really available for beams, doors etc.

[m.t.glass] 11/1/2007 18:12

There is an English version of that process illustration on the company website. Not sure I agree about the wood bridge looking better than a steel one. Looks 'orribly inelegant to my eye!