Accsys Technologies Share Discussion Threads

[stevieweebie2] 01/9/2023 07:59

I guess charts are for ships after all....

[this_is_me] 26/7/2023 07:50

Share price up 30% in a month!

[this_is_me] 21/7/2023 17:39

For those who study charts, it definitely looks like a double bottom with a target of 120p.

[mr macgregor] 30/6/2023 13:02

If they face facts and abandon the Hull tricoya plant, how much will it cost to dismantle it?

[this_is_me] 27/6/2023 11:22

Upward price trend continuing after the results.

[this_is_me] 27/6/2023 06:35

Mr MacGregor27 Jun '23 - 07:28 - 1751 of 1752 (Filtered)

[this_is_me] 27/6/2023 06:33

Impressive results from the Arnhem plant which should increase further in 2023. It looks like it will be the start of 2025 before the Kingsport plant will be making an increasing contribution to the numbers and probably after that before cash and raw material will be available to complete the Hull project.

[mr macgregor] 27/6/2023 06:28

Profit warning, caveats in the going concern statement, rising debt, four directors left including CEO and CFO, delay in US, white elephant tricoya plant kicked down the road with prospective partners not wanting to touch it with a bargepole.

[this_is_me] 03/5/2023 09:50

A positive reaction so far to the trading update.

[devonlad] 03/5/2023 09:36

"The Company now expects it will deliver EBITDA moderately ahead of its previous guidance of doubling underlying EBITDA year on year." Looks pretty cheap then with a growth profile like that?

[this_is_me] 03/5/2023 09:28

Last years EBDTA was 10.4 million EUR. This years, more than double means more than 20.8 etc.

It is good enough for a trading update. We will see more when the results are published, last year it was 30th June.

[devonlad] 03/5/2023 08:58

Riskon, you need to watch your weight with growth like that!!!! Had a nibble, just on the breakout, there is a small gap in the chart aroiund the 85p area that needs closing. Bizarre reporting though, I agree with that!

[riskonricky] 03/5/2023 08:48

This is not financial reporting. There are no sensible figures - pounds/dollars, revenue, margin, return. Just cubic meters of wood.I turned over 20 cubit meters of food last year up 67% from the previous period. Higher than market expected ¯\_(?)_/¯

[this_is_me] 03/5/2023 07:24

They have stated expectations and how progress compares:

-- H2 sales volumes of 39,387m(3) (H1: 23,957m(3) ), representing growth of 64% on H1, and in excess of our targeted 50% increase

-- The Company now expects it will deliver EBITDA moderately ahead of its previous guidance of doubling underlying EBITDA year on year


Mr MacGregor3 May '23 - 07:35 - 1743 of 1744 (Filtered)

[riskonricky] 03/5/2023 06:48

They desperately need to improve their reporting. It's such a mess. Progress declared in cubic meters of wood? Come on. Do Mcdonalds declare revenues in m3 of burgers? EBITDA 'ahead of expectations' but no citation of what expectations were. The whole thing screams they are either inept or trying to hide something. Either way it's not great for confidence.I absolutely love the product btw, which is why I routinely check in here.

[mr macgregor] 03/5/2023 06:35

Delays in USA, still kicking the can down the road with the doomed Hull tricoya plant. It's a dog with fleas.

[this_is_me] 03/5/2023 06:31

Product sales and profit ahead of expectations, debt down.

[this_is_me] 26/1/2023 08:47

Yes, it looks like positive information has leaked out. Demand exceeds production, production is increasing and selling prices have been increased.

[this_is_me] 26/1/2023 08:41

Mr MacGregor26 Jan '23 - 08:00 - 1738 of 1738 (Filtered)

[mr macgregor] 26/1/2023 08:00

"will consider all relevant commercial factors in deciding whether or not to proceed with the Hull plant"

In other words it's going to the white elephant's graveyard.

[spudders] 26/1/2023 07:32

TU today explains rise, let’s see what Mr Market makes of it ???

[this_is_me] 24/1/2023 12:43

Huge rise this year.

[this_is_me] 18/1/2023 11:44

It looks like the share price is on the up.