Accsys Technologies Share Discussion Threads

[this_is_me] 19/7/2018 09:16

We are all happy today!

[timberwolf] 19/7/2018 09:00

Yes, indeed! Finally some share price recognition of the large growth potential and increasing medium/long term value of the Accsys product lines, especially with the increased production and new plant.

[jadeticl3] 19/7/2018 06:06

Very positive market response.

[fredfishcake] 18/7/2018 15:22

An investment of 5 million Euros at full market price - at least someone has faith!

[davr0s] 18/7/2018 08:45

Bought in earlier - been watching and waiting for over a year for 80p to properly break

[timberwolf] 19/6/2018 09:35

IMHO, "watching paint dry" is a perfect phrase for the performance of the share price over the past few years. I've been a shareholder in AXS for almost a decade now and also view it as a long term hold, as evidenced in my numerous posts on this thread. However, I don't quite understand why you would view an accurate comment about the share price movement (or lack of it!) over recent years as having any bearing at all on my long term hold view and why you believe that someone like me should sell up. As for today's results, they are pretty much exactly as I expected, and, unsurprisingly, the share price has hardly moved at all. :-)

[this_is_me] 19/6/2018 06:34

Everything going according to plan or perhaps slightly ahead of plan. Large increase in capacity on stream. No problem in selling the extra production even after the last price increase. Targeting an increase in gross margin from 24% to 30%. Anyone who thinks that is the equivalent of "watching paint dry" should sell up and leave the long term gain to those of us who will make money in the medium/long term.

[timberwolf] 15/6/2018 17:24

Will we still, yet again, have to continue to watch the "paint dry", or will there be something new, which will, finally, significantly boost the SP?! :-) Sadly, I don't expect much, if anything, apart from the usual 'holding' position, until we, maybe, see some of the benefits from the additional production of Accoya and the new Tricoya wood chip acetylation plant in Hull. Probably, therefore, "paint drying" will continue to be on the menu for at least the short term!

[timberwolf] 15/6/2018 17:22

Preliminary results live webcast and conference call alert 15th June 2018 Accsys Technologies PLC (LSE:AXS and AS:AXS) will host a live webcast and conference call on Tuesday 19th June 2018 for its Preliminary Results for the year ended 31 March 2018. The Company’s results will be posted on its website at www.accsysplc.com/investor-relations/financials at 8am (UK time) on Tuesday the 19th June 2018 in advance of the webcast. Details are as follows: When: Tuesday 19th June 2018 at 9:30am (UK time) Who: Paul Clegg, CEO William Rudge, Financial Director Telephone dial-in details: To call in to the webcast, call your local number below using the conference confirmation code when prompted. Registration for this event begins 10 minutes prior to the start of the call. Confirmation Code: 7937962 Local - London, United Kingdom: [phone] National free phone - United Kingdom: 0800 279 7204 Local - Amsterdam, Netherlands: [phone] National free phone - Netherlands: 0800 265 9169 Local - New York, United States of America: [phone] National free phone - United States of America: 866 575 6539 Online webcast: https://edge.media-server.com/m6/p/ey6p5kew To access the live audio webcast, click on the link above and register. Once registered, please login 10 minutes prior to the start of the webcast. Upon completion of the live webcast, a replay will be available in the Investor Relations section of our website at https://www.accsysplc.com/investor-relations/financials/

[louis07789] 18/5/2018 07:55

With positive news etc - surprised this didn't move higher recently.

[timberwolf] 04/5/2018 15:13

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 08:27

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 12:55

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 09:15

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 06:32

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 11:53

"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 09:08

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 06:27

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 10:33

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.