Elanfan
23 Sep 2016
Bit quiet here - surely one to watch? Been a holder for a few years now. Just waiting for this to burst upwards. The technology has fantastic upside just need that breakthrough to market and for the wider public to catch on.
rob1kenobe
03 Feb 2016
RNS Very encouraging
II Editor
30 Nov 2015
NEW ARTICLE: Accsys Technologies makes first profit in years "A conference of world leaders in Paris could agree a deal on climate change at some point over the next two weeks, but LSE:AXS:Accsys Technologies is already doing its bit. The AIM-listed company has developed a process of modifying softwood - ..."[link]
Driftttt
17 Nov 2015
Re: What is happening I was surprised we didn't get a trading update in September, but we should be due results soon. My main fear is that they will need to raise funds to invest in the Solvay Accoya plant in Freiburg, Germany, and the proposed new Tricoya plant.
leftback
17 Nov 2015
What is happening The share price is drifting down but without any news to explain it. Is this just due to indifference and apathy? If so the company needs to provide some feedback to keep investors committed.
casabanker
23 Sep 2015
Price drop Does anyone know if there is a reason for today's sp fall? If there isn't one, this should present a buying opportunity.Casa.
II Editor
16 Jun 2015
NEW ARTICLE: Accsys Technologies overcomes early plunge "AIM-listed LSE:AXS:Accsys Technologies lost more than a fifth of its value in the first hour of trade on Tuesday following publication of its latest full-year results. But clearly concerns about another year of chunky losses were misplaced. After ..."[link]
true shares
03 Jun 2015
Re: Diamond Wood Thanks for the heads up
BurglarBill
02 Jun 2015
Re: Diamond Wood [link] acquisition of diamond wood.
andrewqd
23 Feb 2015
@Me! From their Feb 12th statement: "The €9.0m cash balance is after taking account of €1.9m of proceeds from short term borrowings (September 2014: €1.5m) resulting in a net cash balance of €7.1m (September 2014: €12.0m). The underlying cash out-flow of €1.7m in the quarter was a 48% reduction compared to the previous year (excluding exceptional Diamond Wood costs, one-off payments relating to the Life + Tricoya EU subsidy and changes in short term borrowing)." OK, that answers some questions, though I would like to know more about what these payments were, especially the 'Life + Tricoya EU subsidy'. A little short on detail in an important area. And I'm ashamed to admit that I don't understand how they are making nearly 2 million proceeds FROM short term borrowings....
andrewqd
23 Feb 2015
@Kidwin. Well, graphene is carbon! If I understand what you've quoted right they're down 4.9 million euros in 3 months, which must be over 40% of their cash pile: that's some rate of spend. Do you know if it's the Diamond mess? Or what? They're hoping for positive cash-flow for this 3 months, that would be great - but quite a difference.
andrewqd
05 Feb 2015
Wood... So old fashioned, but I'm surprised no one considers the potential of Accsys. While it really does grow on trees, trees grow on land, and they're not making any more of that! In fact with global warming we''ll be losing it fast sometime. Meanwhile wood has multiple uses but the easy forests are largely gone now, hardwoods are going to become progressively scarcer and scarcer, and Accsys has the technology to effectively turn softwood into hardwood - and make it into a brilliant material in the process. This was IC's take in November : Accsys "is now achieving commercial roll-out of its two wood treatment techniques - Accoya and Tricoya - both of which give lower quality wood and wood chip valuable hardwood properties by eliminating water absorption. Up until now, the group has been burning cash as it secures licensing agreements with manufacturers. This avoids the cost of setting up and running its own production facilities, although it does have a profitable production facility in Arnhem. Crucially, in the six months to September, cash outflow was reduced to just €700,000, and chief executive Paul Clegg reckons that the company will be cash neutral within six months. Meanwhile, there is still a comfortable cash cushion of €13.5m. Total output of Accoya solid wood grew by nearly 40 per cent in the first half, while revenue generated from Tricoya-treated wood chip rose by two-thirds to €2.4m. In fact, demand has grown so quickly that Accsys is pushing through another general increase in prices. Analysts at Numis are forecasting full-year pre-tax losses of €5m and a loss per share of 5¢ (from €8.2m loss/LPS 10¢ in 2014)."
