Accsys Technologies Share Discussion Threads

[devonlad] 03/5/2023 10:36

"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 10:28

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 09:58

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 09:48

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 08:24

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 07:48

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 07:35

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 07:31

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.

[this_is_me] 22/11/2022 14:01

Mr MacGregor22 Nov '22 - 13:00 - 1730 of 1730 (Filtered)

[this_is_me] 22/11/2022 07:30

So the increasing cash flow from Arnhem as R4 ramps up along with the completion of the major cap exp of the new reactor will be used for the Hull plant along with profits from the Welsh plant.

[this_is_me] 10/11/2022 08:29

Yes, that looks to be correct. (RNS was 2/11/22)

[brad_k] 09/11/2022 18:28

T_i_m, is this not just the Accsys payment for the INEOS share of the Tricoya consortium?
If so we should see a corresponding RNS from Medite for the remaining 4.1 million shares allocated for the restructure.
{see RNS 01/11/2022 "Tricoya consortium restructure"}

[this_is_me] 09/11/2022 14:30

There is no excuse for that post.

Mr MacGregor9 Nov '22 - 10:31 - 1724 of 1724 (Filtered)