Accsys Technologies Share Discussion Threads

[bloomberg2] 15/7/2022 08:59

New investors walk around at Hull today !!

[bloomberg2] 06/7/2022 17:52

Tricoya commissioning team at Hull getting busy now! Numbers increasing too

[petewy] 04/7/2022 12:05

I stand corrected or is the sliced bread very expensive

[galoot] 04/7/2022 10:06

I have bought their products. To me and other builders I know, "it is the best thing since sliced bread"

[petewy] 03/7/2022 12:45

their products appear to be a luxury which people can't afford. Stops me buying

[jadeticl3] 02/7/2022 18:31

This appeared to be such a good investment for a time. The shares jumped ahead Then all sorts of things appeared to be out of control, and now look where we are. I am not losing overall yet, but if this continues I soon could be!

[mr macgregor] 02/7/2022 16:51

We could tell it was a nightmare.

[bloomberg2] 02/7/2022 08:10

Problem is! Commissioning team for Accsys are all self employed!! They are earning a fortune and have no incentive to sign off work packs in a hurry ? It's been over 4 years in construction! The first contractor Fabricom decided to abandoned the contract because of huge losses due to there design and management failures!! Accsys have now put a new guy in to get the project over the line!! It's going to be at least next February until Accsys will have any idea on giving guarantees on a completion date? Hopefully il be still here to inform the BB on any material changes to the finish line !

[mr macgregor] 01/7/2022 20:03

What are the 'new' construction challenges? Or do you just know about pipes?

[bloomberg2] 30/6/2022 08:42

I'm a pipe fitter on the project!! Project is now being commissioned

[mr macgregor] 30/6/2022 07:21

"In June, construction challenges and rework of certain areas were identified resulting in a further delay to the target commercial operational date. Whilst uncertainty remains, we are targeting completion in the coming months."

What did I tell you? Something stinks at Accys, not just the acetic acid.

[mr macgregor] 26/5/2022 10:37

Morons buying above placing price. More wriggling in that trading statement than in a tub of maggots. Another slippage at Hull and I still smell a rat there. Profit warning ahoy.

[petewy] 25/4/2022 16:18

Well said earwacks. Uncertainty stooped many of us buying

[earwacks] 25/4/2022 14:59

About time they came clean with the market on The Accoya situation. Is it full steam ahead or are they unable to meet demand? I notice a manufacturer has now said they are having to make doors and windows from other timber as their supply has dried up. Others are complaining of a lack of availability. The fall back seems to suggest their are hiccups in the supply. Great product, need to get their act together.

[petewy] 06/3/2022 15:22

Has the huge increase in the price of wood changed anything.
Note: Tricoya’s wood chips are sourced in the UK.

[this_is_me] 04/3/2022 07:25

Huge increase in production over the next few months. Currently they can sell all they can produce and can sell all the increased production.

[km18] 26/11/2021 14:07

From WealthOracleAM a few months ago....

Accsys Technologies issued a trading update for the 5 months to August 2021. Trading has been strong, management remain confident in delivering on full-year expectations and for the longer run also “continue to make progress towards our ambitious 2025 fivefold increase in production target.” Volume times price equals revenues. A fivefold increase in production volumes by 2025 would be no mean achievement, management sound confident and have been investing in capacity, building a new plant in Hull, UK, expanding a plant in Arnheim, The Netherlands and entering a joint venture with Eastman Chemical Corporation in the US. The message, production and revenues will grow strongly over the next few years, so too should profits. So too should the share price. But valuation is rich for now and investment work is ongoing, extra production will only come on stream through Q2 2022 onwards. AXS is one to monitor for now.

[tomps2] 26/11/2021 09:16

Alexandra Jackson Interview with PIWORLD

Alexandra Jackson mentions Accsys Technologies #AXS at 22m14s in the latest PIWORLD interview

Watch the video here:

Or listen to the podcast here:

[jonny_wright] 08/11/2021 13:33

I agree, hopefully we can move out of this year long range

[spudders] 08/11/2021 10:19

News, appears promising 👍🏻

[shawzie] 13/10/2021 14:17

Article in Scottish Field magazine (Nov 2021 issue) showing Armadilla modular accommodation clad in Accoya and giving a 50 year warranty against rot.
Worth a read and encouraging for shareholders of Accsys.

[this_is_me] 05/10/2021 06:36

A big reduction in borrowing costs is good news as well as showing the bank's confidence in the company.

[karatechop] 21/9/2021 21:40

Roddiemac2,

TBH I’m not sure whether softwoods have gone more than hardwoods. You’re right that treated softwood is competing with hardwood though. The advantage accoya has is that the wood element is only part of the cost. Other constituents used in the modifying process such as acetic anhydride tend to correlate with crude oil prices which haven’t seen the same level of price hikes.

[roddiemac2] 21/9/2021 09:54

Karate Chop,

I am told ( rightly or wrongly ) that the price of hardwoods has gone up less than the price of softwoods. Treated softwood is competing with hardwood to a certain extent.-----?

[ppmm] 20/9/2021 23:25

I Invested about 9 months ago and I myst admit thought that, on the news of the delay in commissioning the Hull plant that it might be sensible to sell and buy back once production expansion has been secured, but I’ve decided to hold on as the story is improving, in my opinion