Arcontech Share Discussion Threads

[rcktmn] 21/1/2005 10:00

Wouldn't get out just yet.(imho).. perhaps things are going so well they don't need to be at the show !
should see some more contract news soon... :) I'm hanging on..

[very quick] 20/1/2005 18:30

Why is this company not at the IIPSEC show in coventry next week. There will be over 100 companies showing their security products. Is that show to good for the likes of ARC. Every security company will benefit from showing at this fair. FOOL ARC. LOL????????

[maywillow] 14/1/2005 07:07

PRAGUE (AFX) - The Czech government launched a tender for the sale of 98 pct
of Vitkovice Steel, the country's third-largest steel producer, seeking bids in
excess of 3 bln crowns (130 mln usd).
Arcelor, Nucor Corp of the US, Severstal of Russia, and Ukraine's Industrial
Union of Donbas are among those likely to express interest by the Jan 31
deadline, the CIA news agency reported.
In 2003, Vitkovice posted revenues of 9.08 bln crowns and pretax profits of
143 mln, producing 1 mln tonnes of steel.
[e-mail]

[maywillow] 14/1/2005 07:07

cheers jwww

[johnwwwilkinson] 10/1/2005 09:34

BlueScope Steel's shares rise
Date: 10/01/05
By Jane Williams



Investors pushed up the share price of Australia's biggest steel maker, BlueScope Steel Ltd, amid rumours of a potential takeover by European steel giant Arcelor.

Analysts said the scuttlebutt, which sent the stock up three per cent on Friday, continued to fuel trade with nearly six million shares traded during Monday's session.

The stock closed up 21 cents or 2.4 per cent at $8.80.

OneSteel Ltd was also benefiting from the rumours with the stock rising nine cents or 3.4 per cent to $2.72.

ABN Amro Morgans senior client adviser Roger Chandler said investors also believed BlueScope was well-placed to benefit from the rebuilding of tsunami-affected areas across Asia.

Both BlueScope and OneSteel declined to comment on market speculation concerning takeovers.

However BlueScope spokeswoman Sandi Harwood said the group's operations both in Asia and Australia were gearing up to assist with the reconstruction of the Asian countries hit by the recent tsunami.

"It is too early to provide specific details," Ms Hardwood said.

She said as of Monday BlueScope and its employees had donated $738,098 to the tsunami victims relief appeal.

BlueScope has operations in the majority of countries hit by the disaster, including Indonesia, Thailand, Malaysia, Sri Lanka and India, but suffered no losses.

Meanwhile a Melbourne steel analyst said BlueScope, with its Asian focus and range of coated products for the construction industry, was a "perfect fit" for Luxembourg-based Arcelor, which could easily afford to acquire the Australian company.

"I spoke to Arcelor on Friday night and the response was an emphatic no comment," the analyst said.

Arcelor, the world's second biggest steel maker, is a combination of a number of European steel makers which spearheaded consolidation in Europe.

The company has indicated it is keen to expand globally and has recently bought up a number of steel interests in Brazil.

"Until about 18 months ago it was almost exclusively a European company in terms of production and sales," the analyst said.

Copyright © 2005 AAP

[maywillow] 05/1/2005 13:18

FRANKFURT (AFX) - ThyssenKrupp AG said it must pay more this year for the
coking coal used in steel production.
"Market prices for coking coal have more than doubled," a ThyssenKrupp
spokesman said, adding that the steelmaker renegotiated its contracts with
suppliers in December.
He did not state the exact price ThyssenKrupp agreed to pay for coking coal.
ThyssenKrupp cited rising raw material costs as the principle reason for
raising steel prices several times in 2004.
Its most recent 30 eur/tonne price increase took effect on January 1.
[e-mail]
mur/amk/wf

[grupo guitarlumber] 27/12/2004 11:21

FRANKFURT (AFX) - The Association of German Steel Producers expects 2005
domestic production to reach a record 47 mln tonnes, up from 46.5 mln this year
and ahead of its earlier expectations.
The group said last month it expected production to remain flat in 2005
because domestic producers were already operating at almost 98 pct capacity.
It sees worldwide steel production at 1.1 bln tonnes in 2005.
In addition, raw material prices will continue to rise.
"A short-term dip in raw material prices is unfortunately not in sight,"
Dieter Ameling, president of the industry group said.
[e-mail]
pg/DP/sb/amk/jlw

[blackfox] 15/12/2004 07:20

Yes please, can you post it as I currently hold shares in this company and any information would be welcome.

[xumii] 15/12/2004 07:17

I am interested jd - carry on

[jdhurry] 15/12/2004 04:12

Still watching from the sidelines. Interims are broadly in line with my earlier forecasts (post 117). There are both positive and negative points to be drawn, and in my honest opinion the latter currently outweigh the former. This is not to say that in six months time the poles could be (and probably will be) reversed.

If anyone requests my further analysis, I will gladly post it. Otherwise, good luck. jd

[very quick] 14/12/2004 20:03

I'm here for the long term thats the only way to win in the MM's games. Longer term we shareholders will win here. See you guys and dolls on here next results.

[very quick] 14/12/2004 20:01

This will be 5p+ within three years. As contracts and turnover and profit increase. Red 24 in the far east will be a winner and this company will go forward.

[very quick] 14/12/2004 19:52

Directors and staff have now bought and free handouts at 1p/1.25p/1.375p/1.5p

[regandjess] 14/12/2004 17:32

Loads of Director buying last august at around double these prices. I think it'll go up more yet. Probably to around 1.3 to 1.4 .

[blackfox] 14/12/2004 17:19

The last trade for 35k was a buy not a sell as shown

[fatgreek] 14/12/2004 16:14

this is looking good

[melchor] 14/12/2004 15:01

Bid up 20% offer stable:

Bet you anything the MM's are short of stock again, like happened in the summer.

Means their's a purchase to satisfy.

[arics] 14/12/2004 11:02

The arc is still afloat. Might actually head north in time.
I had the pleasure of paying 2p so no selling from this quarter.

[rcktmn] 14/12/2004 09:42

Well, not too bad overall. I was expecting much worse after such a long silence..
I now expect the share price to recover over the coming months.. say 1.25p-1.5p..might even break even for me at 2p..then if the next set of results are even more encouraging we could then see upside above 2p.. (imho) :)

[melchor] 14/12/2004 08:51

Well, at least the orders are holding - they did say in the last that from a base of 30,000, they were getting around 3000 new per month 'and that this had only really started since february 2004'- that works out at bang on 60,000. I had calculated it would have been more like 75,000.

However, Japan is proving a bit slower than I had anticipated, but they claim strong interest - once infrastructure is settled, this whole region should eventually bring in at least a further 3000 per month - at least much of the due diligence and verification of the product seems to have been finalised by the principals.

Good news regarding the uk bank's commitment to upgrade to Red24Alert as from January 2005, this will add revenue to an exisiting book and a few months will be reflected in this year's accounts. Also, the impresssion was that these subscribers were so as an automatic benefit from their packages with the bank - no need to 'sell' the idea to the ultimate customer.

Also good news that the bank is putting the product into their global market - would be interesting to know if the intention is to offer it as 'automatic' within their usual package (as above), or whether they will promote it and take individual subscriptions.

2005 is looking interesting. As from mid 2005, I would expect the company to be looking at above bottom-line income which should translate to good margin profit.

If the 3000 per month holds or increases, and we get similar from the Far East, (not adding any new deals) we could be looking at between 125,000 - 150,000 by interims 2005.

[renixus1] 11/12/2004 10:57

Keep up the good work guys, no news is great news for those who want to buy cheap....lol