Accsys Technologies Share Discussion Threads

[timberwolf] 04/5/2018 16:13

There's an interesting pattern of, pretty much daily, several 5,000 share buys, over the past month, which have certainly helped in pushing the share price up.

[walbrock82] 03/5/2018 09:27

Here’s my view on Accsys Technologies: It is doing a good job winning new businesses and growing sales. But it hasn’t reported any profit and that is a major concern for anyone holding the company’s shares. Although valuation is supported by £40m of cash, the question investors need to ask is: “Will valuation holds up when cash balance starts to decline?” The answer is likely to be no because brokers aren’t forecasting any profits beyond 2020. For more on Accsys, Sage and Avon Rubber, click: http://bit.ly/2IbRigt

[jadeticl3] 02/5/2018 13:55

Yes, today’s news sounds like, “we can sell everything we make, even though we have increased the price”. That is clearly good news, as long as they do increase production as planned.

[timberwolf] 02/5/2018 10:15

Yup, steady progress indeed and the share price is now back to 80+ again. However, we've seen an increase like this before, after results, only to see it drift south again. On the whole though I'm pretty optimistic with AXS as a long term hold going forward.

[this_is_me] 02/5/2018 07:32

Pent up demand, price increases and more volume coming on stream. and then the Hull plant operational next year. Steady progress.

[timberwolf] 18/4/2018 12:53

"Btw, the mdf tie up has been going for years...". Yes, for sure, it has, with Medite, but this is a new tie up with FINSA for a different European market and, with the new Tricoya plant in Hull, which is under construction and expected to be operational in 2019, there will be massive new opportunities for sales growth in this special form of MDF, which has excellent durability and dimensional stability, unlike the 'normal' product. IMHO, we're also now, hopefully, seeing the share price moving back up to the 80 level again, and maybe above, with, what I feel will be, more positive news going forward. Having said that though, as a long term holder for many years now, and as rightly posted by others on this thread, it's been like trying to walk through treacle with regards the share price in general. I just see things as a bit more positive now and just hope I'm right. :-)

[brightontrader] 18/4/2018 10:08

As there is not much happening here am taking a cue from Spudders, fly rod in hand, sun is out hot today and the lake is buzzing with a mist of flies.Spudders, bring your rod here, powder mill, maresfield. Got some reel stripping over wintered 5lb+ rbs. Btw, the mdf tie up has been going for years, they must have run out of PR stories and are recycling some old ones.

[spudders] 03/4/2018 07:27

O/t time to dust the fly rod off 🎣

[jadeticl3] 16/3/2018 17:22

Hope springs eternal!!

[timberwolf] 16/3/2018 16:57

This Tricoya(R) user licence agreement with FINSA sounds very positive to me. The whole tie up with acetylated wood and MDF COULD be something huge going forward. My only concern is, as always, exactly what the financial reward is to Accys Technologies with these licences. That said, I can see, at last, maybe a lot of factors lining up nicely now, to hopefully boost the share price very soon.

[kittym] 18/1/2018 12:48

It's always a case with AXS- jam tomorrow. I first bought in 2009 and those are worth a fraction of the 2009 price, but every report tells us how the business is just about to take off. This management consistently over-promises and under-delivers. Can't imagine why the institutional shareholders don't insist on a change.

[this_is_me] 22/11/2017 07:59

It looks like we should see numbers start to take off this time next year. The demand is there and so is the margin so we just need the volume to ramp up.

[timberwolf] 21/11/2017 11:56

Interim Results for the six months ended 30th September, 2017 are due to be released at 8am BST tomorrow, Wednesday 22nd November 2017. Slight uptick on the AXS share price this morning.

[123prezzie] 26/10/2017 11:33

Have watched this since the heady days when the price was high and I met one of the MDs. He burnt out. Eventually bought some in 2014 and have now sold for the same price. Brightontradrer's opinion and Spudders experience very helpful. There are plenty of other fish in the mill pond.

[spudders] 05/10/2017 17:46

Hi BT, good to see you're still about. I'm no longer producing joinery as the quality of the timber was becoming really poor and I didn't want to go down the Accoya route. I'm back to my old trade of buying and renovating period properties in Lewes ( planning 😩). I would love to get the rod out again, it's been a few years since I've fished clear water. I assume you have a closed season. I will search my contacts for your email address. Atb spudders PS I still hold here 😢

[brightontrader] 05/10/2017 09:02

Gosh, same old names still on this board, spudders, timberwolf etc, indeed, same share price too more or less. Reason I looked was bored having managed funds so actively managing some myself again. Also, after selling my shutter manufacturing business I got planning for a load of flats and houses on a factory site I had, got bad quotes so developing it myself. Now I can really see why AXS has never really flown, the windows and doors element, plus cladding, are a huge %. Profits are not what they were even if you already own the land. So getting the kitchens and bathrooms to appeal are much more important than telling a prospective 1st time buyer that the wood windows will last 50 years. I used siberian larch for cladding top floors and will leave it to grey out....the windows, didn't even get a timber quote, just went plastic....doors are paint finished pine, hopefully wont warp.....but probably will. At least the stiles are engineered a little, ie. finger jointed to cut wastage and fairly small diameter strips, so from younger trees presumably. But cheap....really cheap. Basically as a builder, which I now am, you build to sell for as much as possible for as little,as possible. Unless you are a council or heritage body you simply would not use this timber product or the mdf variant. Spudders, got rid of the carp, now just clear water, natural brown trout and stocked RBs, if you,want to fling a fly at powder mill contact me.

[this_is_me] 21/9/2017 08:08

All looking good. 2019 numbers should be impressive compared to 2017.

[jadeticl3] 17/8/2017 17:59

I bought mine a couple of years ago for 60p. It has been a rocky ride so far, but looking good just now.

[this_is_me] 17/8/2017 17:02

They were the equivalent of 93p before the share consolidation and a whopping 1700p 10 years ago. I have had mine for 5 years or so and am only up 10% or so. I'm still hoping that they will make it big but it hasn't been a great investment so far.

[timberwolf] 03/8/2017 19:07

Breached! Closed at 80.47 today!

[timberwolf] 26/7/2017 13:04

Finally the share price has hit 80 again today, which is the highest level in around 2 years. The question is, will it breach that level now?!

[jadeticl3] 24/7/2017 20:07

Why are we discussing cryptocurrencies on this site?