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
  -0.80 -0.85% 93.40 93.00 93.80 95.20 93.00 95.20 54,726 16:28:27
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 64.8 -6.6 -4.3 - 110

Accsys Technologies Share Discussion Threads

Showing 1501 to 1524 of 1750 messages
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It's the licensing side of the biz that models well. cf. ARM Holdings!
Volume building nicely here - time to add.
Added to my position with initial 40c target
red army
Ahead of forecasts, loss continues to reduce as turnover increases. Turnover more than doubled in 2 years. Current forecasts for next year look as if they will be well beaten.
Every dog has its day and this could be this ones year. Been a long time coming. Seeing a gentle rise on low volume. A bit more publicity on the company not the product could see significant rises. They used to treat this company like a tech stock instead of burn on development it was on marketing, the word burn itself used in this context is scary, maybe now they can see profit somewhere ahead the running will be more sensible. The comments on ths board reflect my experiences 100% with new timbers, fast kiln dried, no long term curing, twisting, shrinking. The real competition now are engineered timber technologies, which are good....
Link to article in Sunday Telegraph: Http://
Good article in today's Sunday Telegraph, the treatment for the future in my opinion.
Do you guys who are using it have any problems gluing it?
brightontrader wish I was going with you lucky sod I run a construction business, we have started using Accoya as hardwoods tend to move to much due to moisture content,we convert a lot of older properties, we fit a lot of timber windows doors,Accoya is the product for the future
In our business we have to consider waste and bench time as well as the unit price to know what the comparable prices are. For example, European oak has a lot of waney edges so to get a straight board that you can work with you have to machine a lot of waste material off it. As a result we have to charge about 50% more to make a door in European oak compared with Accoya. Sapele comes in better boards and we charge 20% more than Accoya. Meranti is entry level hardwood and is about 20% less than Accoya but it can't cope with direct sunlight or wet weather any more so has limited applications (it used to be the timber of choice for a front door 10 years ago). Accoya arrives in pretty straight, consistent boards so is low on waste and therefore the price is competitive. Accsys reps are always surprised to hear that not every board is straight but we do get some that aren't which we send back, despite this it's still better than other timbers.
Very informative 2000ND, thank you. How do the prices of Accoya and traditional hardwoods compare?
For anyone who is unsure about how important accoya is on the ground, I wanted to post about my own experiences with it.I run a company which makes high end, bespoke doors in London. In the past hardwoods such as meranti or sapele we're great for making external doors and buying a 'hardwood door' was seen as buying something of quality that would last. However the quality of hardwood coming into the UK has been declining steadily over the last 7-8 years. Incidences of brand new doors swelling and warping we're increasing and last year we reached a point were we could no longer guarantee any door made in any hardwood; timbers that have been used to make doors for decades such as meranti, sapele, oak. The only timber on the market that doesn't move is accoya and we can offer a guarantee on it with confidence. I know people who have similar experiences manufacturing windows. Quite simply, if accoya didn't exist we wouldn't have a business.Looking to the future I believe this is a global problem because timber arrives into the UK from the four corners of the globe. We get similar product to everyone else. I can't see how the quality of hardwoods can return to previous levels because the trees take decades to grow and current economic/ social pressures in hardwood producing regions simply won't allow producers to plan that far ahead. This is a relatively recent phenomenon and the arrival of accoya is timely to say the least!I expect many manufacturers of external timber products to be forced to rely on accoya just as we do, all over the world.
Thanks for the link looky, although I would question whether it's a better technology compared with Accoya & Tricoya. I guess that with many of these products the proof of the pudding will be in the eating! TIMBERWOLF
The warm summer killed off the rainbows but the browns are still good, I have stocked a lot of carp as the very big lake weeded up too last year but I don't think it will spoil the trout fishing. Ouse is not as high as the news would have you believe, my 2 small rivers here are coping with the spates, just. Off to Kau Tapen in Teira Del Fuego next Friday for 12 days for the monster sea trout eh ha....1st holiday for a long while.. This share suddenly picked up, really surprised as I just dipped in and bought before the rise, wonder if I'll be investigated. (I just felt confident finally its day was real reason.)
Bt, good to see your still about. This year I will get a chance to cast a few flies. How are your lakes, the Ouse has held up well. Tight lines, Spudders
This is one alternative Brad Pitt invested in ....ooops
Timberwolf This is the technology i am referring to.
News & Tips: Costain, Ithaca, Accsys Technologies, Tullow Oil & more By Graeme Davies, 12 February 2014 Sustainable wood technology group Accsys Technologies (AXS) reports strong recent performance in a trading update today with revenues for the nine months to December up by 71 per cent to €23m with the total volume of its Accoya branded wood sold up by 89 per cent over the period. Buy.
good result but early trading looks like some insider trading going on before results, bet there will be some investigation. But having said that I bought before.......but not enough.. There has been another wood processor, using silicon, that was supplying New Orleans that just went to the wall because the new wood is already rotting, the Accsys product doesn't suffer in the same way as this material, wonder of they are marketing there yet.. I may even look now at this material for my new window business..After all I have said negatively in the past, timber prices are rising so fast, I am paying $700 and I think this is around $1200, but as timber cost is small % of overall production cost it comes more into focus the nearer it gets. I wonder where this rise will go to..
And on the game ~ changing deal with Solvay: "In December last year Accsys announced that its Accoya® licence agreement ('the licence agreement') with Belgian chemical group Solvay was approved by both parties and is fully effective, resulting in a new level of cooperation between the two companies. The licence agreement grants Solvay exclusive rights for a minimum of 15 year period, renewable at agreed terms, to produce and to sell Accoya® within the Council of Europe from this initial plant. The licenced territory includes 47 states in the Council of Europe, but excluding Belgium, Ireland, Luxembourg, the Netherlands and the United Kingdom which are reserved to Accsys. The licence agreement also grants Solvay the option to build additional Accoya® production plants in Europe, with the first plant (the 'plant') having a total capacity of c. 63,000 m3 of finished Accoya® output, expected to be operational in the course of 2016. In return, Accsys will receive a series of licence payments, which have already commenced and will be made during the phased construction of the plant, and with royalty payments per volume of Accoya® produced thereafter. The two companies have also signed an amendment to the licence agreement which now includes the possibility of Solvay constructing the plant in Arnhem on land Accsys currently owns, adjacent to the Company's existing manufacturing facility and in a phased manner. Solvay is now reviewing the two options for the optimal plant location, being either Arnhem, the Netherlands or Freiburg, Germany. The decision on the plant and its location will be made by Solvay in the next few months. In addition the two companies have agreed to examine the best ways to provide coordinated operational and maintenance services to both plants, and to review the best form of cooperation between the two companies going forward. Further to the licence agreement becoming unconditional, Accsys and Solvay have entered a transitional phase in which Accsys will continue to sell to Accoya distributors in Solvay's region while working to transfer the relationships to Solvay." Comment: I like the synergy of this.
"Accsys Technologies' total revenue rose by 71% to €23.0m for the nine months to the end of December. The company reports continuing growth in demand with Accoya wood revenue increasing by 74% to €20.2m. Excluding sales to Medite, Accoya revenue increased by 58% to €18.4m (2012: €11.6m). Total Accoya volume sold in the nine months to December increased by 89% compared to the corresponding period in the previous year and the group says Arnhem plant profitability continues to improve and further price increases are being implemented. "
Link to pdf of the AXS Interim Management Statement released today:
When there is low volume in a small stock traders can flip the price around with relatively small amounts of trades. I have to say though that I bought some finally only on Friday after thinking every dog has its day and this one hasn't had one yet,,,,, Maybe its the market thought,.well he's bought some finally, capitulation from a timber products investor,... Just wish I had bought more now///
What's with the rise today?
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