Microfuze Share Discussion Threads

[spiv 1] 24/4/2006 11:18

Up, up and away at last...

[pugugly] 20/4/2006 10:42

Try this one.


9700 Celeste Road
Saraland, AL 36571-8711
Phone: [phone]
Business Types: Boiler Dealers Cleaning & Repairing

Though cannot find web site for the Company so cannot tell if it is the one mentioned in the above rns.

[mjcrockett] 20/4/2006 09:12

Wouldn't it be nice to know the sums involved in this contract. Perhaps they've provided the contract for free in return for the nice comment from the VP!!

MJ

[spiv 1] 20/4/2006 08:47

Excellent news at last. A few more contracts like this and the share price will be many times higher than present. With each deal the risk profile of this company drops.

[andypace] 20/4/2006 08:07

FIRST COMMERCIAL ORDER FOR
MICROFUZE INTERNATIONAL PLC (MFZ)



MicroFuze International plc has won its first commercial order following its AIM
flotation in February 2006. Diffusion Technologies, Inc. of Saraland, Alabama is
to use MicroFuze's US subsidiary, Tesla USA Inc., to chrome diffuse 80,000 studs
for use in the pulp and paper industry. The studs are welded into the black
liquor cooling panels to reduce corrosion and erosion in heat exchange boilers.


Diffusion Technologies is an industry leader in the maintenance of black liquor
boilers for energy extraction and a tier one supplier to the pulp and paper
industry. Diffusion Technologies is already testing Tesla's microwave treated
products and finds significant advantages in using microwave treated products
over conventional diffusion. The microwave diffusion of chrome for studs takes
place within a few hours, replacing conventional processes that take several
days, and make products that are more consistent in quality and superior in
welding characteristics.


Tesla will process the order through its existing microwave installation in
Chattanooga, Tennessee starting immediately.


MicroFuze is confident that this order will be followed by several more,
increasing in size as the new, larger and more efficient commercial production
microwaves are commissioned.


Doug Parrish, Chief Executive Officer of MicroFuze, added: "I'm delighted to
sign our first contract so soon after our recent flotation. This exciting new
technology has already attracted the attention of some of the world's leading
multinational companies in key industries including automotive, chemical,
defence, health, power generation, textiles and aviation and I'm looking forward
to announcing more contracts and the commission of new microwaves soon."


Fred Pace, Vice President of Diffusion Technologies, said, "We've already tested
Tesla's early prototype studs and know that these products are easier to weld.
Micrographic analysis confirms less porosity and decarburisation, which gives us
confidence that diffused studs from a microwave will exhibit superior wear
characteristics. I am looking forward to increasing my order with Tesla once
they bring on larger commercial microwaves."

[pugugly] 30/3/2006 14:44

andypace:> But PDX have dropped by some 45% from the top, and they were also a dog below 31p for a long time. The critical driver for both shares are HOPE and SALES. pdx has been largely driven by hope and sales,while arriving, are too slow for many investors.

MicroFuze is still in the HOPE stage but unless we see sales or maor development contracts in the medium term there is considerable downside and also a lot of stock not subject to lock in. (imo & dyor)

[Abuse team] 27/3/2006 23:14

Post removed by ADVFN

[andypace] 27/3/2006 23:10

thanks for that din007. They make it sound riskier that Cornhill did.
Ultimatly the product looks very good, so the sales should follow.
The level of cost savings that could be achieved remind me of PDX (hence the header), whose share price has incerased tenfold without ever making a profit.

[din007] 26/3/2006 00:44

Found this on "Grwoth Company Investor"


MicroFuze rides the waves

An even more recent newcomer, having completed its own £2.5 million fundraising and flotation on 13 February, is MicroFuze International, another hi-tech industrial hopeful.
Using technology first developed by the US Department of Energy, MicroFuze's offerings utilise microwaves to create metal alloys – a process chief executive Doug Parrish reckons holds a clear edge over more established alternatives.

'There are three main advantages,' Parrish elaborates. 'The first is price. The second is the improved properties of the alloys produced, which are easier to weld because microwaves don't change the cell structure of the base metals. The third is that it's cleaner than other technologies as you don't have to use the same chemicals to force a reaction and you're not left with residual acid baths that then have to be disposed of.'
Although at an even earlier stage than SPI in terms of development, Parrish notes that 'we own a worldwide licence over the process, except in the US where they don't grant licences' and says the company now plans to increase awareness of its product. 'We've worked in stealth for four years but now we need a marketing arm and a production arm,' – hence the move to AIM.

The cash, reasons Parrish, should afford the company two years to get things right. That said, MicroFuze has still to generate significant revenues and, as a result, all but the hardiest of investors should just watch and wait for now.
Elliott Davis

[spiv 1] 06/3/2006 17:15

Well looks like the sellers are done. With a bit of positive news this will be north of 10p in no time.

[pugugly] 28/2/2006 19:08

spiv1:- I have a different take - Probably 1,100,000 buys at 8.125 the balance 2 million plus either sells at 8p or possible 2*500,000 a cross but not marked as such.

Looks to me still to be a big overhang prepared to clear at 8p - The QUESTION is how much lower ar they prepared to go.

What does surprise me is that an institution (presumeably) is prepared to take on board at 8.125p.

[spiv 1] 28/2/2006 16:36

I suspect that 540,000 at 8p today was a buy hence brief tick up. IMHO the sellers have dryed up now and we may now see the share price recover.

[learntlesson] 26/2/2006 20:14

Im considering getting in (hold PDX, HDD) but have the following questions:

"MDT was originally developed by the US Department of Energy as a by-product of its nuclear weapons research program."

The government made this - so its proven to them - they know it well. Would the government have an ongoing use for MDT - hence couldn't they already be considered a 'client' - or at least have preferred supplier status?

The technology's background also makes me find this comment curious:
"attracted the attention of......Two government defence departments"
ok maybe im being pedantic about the phrasing - but i don't immediately see what has changed from the US DoE developed product that would create new interest in something they must have been aware about for some time.

Finally:
"The company intends to continue development and IP enhancement to quickly move into the high-valued new tech sector with innovative andunprecedented applications"

Ok - development and further commercialisation is good - but there is definitely an issue here, a limitation. What is it? It doesn't have to be an obstacle - After all PDX started out as a marine drive and thats probably the last thing on their mind for the next few years. But why is this not already a fully commercially viable treatment and what are the challenges they need to overcome?

Thanks in advance for any answers/comments/ideas

[pugugly] 25/2/2006 16:21

dougcsv:- Not Cornhill selling but I strongly suspect some of the original Australian shareholders (see comment above about numbers) whose book price I suspect is very substantially below the current market price.

[dougcsv] 23/2/2006 21:44

I've dropped Cornhill a note asking about the selling, I don't mind a bit of selling but given they only raised 2.5 m I think it's a bit rich in the circumstances....we'll see if they have anything to say !.

[mike1344] 22/2/2006 13:52

On the Cornhill website www.cornhillassetmanagement.com there is a link 'Past Performance' which brings up their history. Looks good overall, but doies anyone have any ideas on how it would compare with indexation to the AIM Mining sector overall?

[spiv 1] 22/2/2006 13:39

Not sure that's entirely true. This is only the second company I've had shares through Cornhill. This has gone to a discount but the other is at a 25% premium. This has been very disappointing though and a little surprising.

[scanjet17] 22/2/2006 13:31

Frank

I agree. They phoned me twice trying to have me buy a shedfull pre float. These guys don't do you any favours.

[frank spencer] 22/2/2006 13:27

The Cornhill related floats give the impression of being in spivvy low grade companies.

Not impressed with their involvement at all. If the shares were any good, why would they offer them on instead of just keeping them for themselves ?

[pugugly] 22/2/2006 12:48

400,000 TRANSACTION VW & B - Looks like a X trade but marked otherwise at 8p.(20% BELOW THEFLOAT PRICE)

Query:- More original shareholders unloading? Needs a positive newsflow to stop this drifting down (IMO& DYOR)

[spiv 1] 21/2/2006 09:21

Thanks Pugugly. I suspected as much that there would be a number of original holders who got in at some negligable price. Still surprised they are selling mind you if we are to believe the growth story that could unfold in the next 6 to 12 months. I think the guy I spoke to at Cornhill was a bit of a muppet. He said the price had dropped yesterday on no volume and I had to point out that just because there were no published sells showing as yet there were very probably some delayed sells which in fact turned out to be the case.

[pugugly] 21/2/2006 08:51

spi 1. May I suggest that you re look at the Cornhill statement. It is I suspect true in so far as it relates to NEW holders BUT there are a very substantial number of ORIGINAL holders whose book cost I would suggest is very significantly below 10p. It is very likley (imo & dyor etc) that these could want out and the bottom side price could be anything above their book price.

May I suggest if you bought through Cornhill you phone them again and ask specifically how many shares held by "original holders" prior to floatation are not LOCKED IN (i.e held by those whose holdings were below 10%) and what was the average book cost of the original holders. I think you will be surprised by the answer.

[spiv 1] 20/2/2006 22:56

Well a few seller in this stock. Asked Cornhill who they were and they said they had no idea and that there were no holders in at a price below 10p so ie sellers are taking a loss. All seems a bit strange to me. I suspect there are some holders in at below 10p.