pelim
25 Jun 2019
Another encouraging set of results Sales and Trading profit continue to grow. But no sign or hint of breakeven and profitability volumes. Cash is almost gone and debt has grown as Capex continues. Will they look to the shareholders for more cash soon?
Simon J Investor
18 Apr 2018
Re: Unusual Trading Pattern? Accsys own shares in Clean Tech Building Materials, carrying them at impaired nil value although the holding is currently valued at EU 1.5M - in theory. CTBM subsidiary Diamond Wood owe Accsys EU25M but this debt is written down to zero. They have made a number of announcements about deals for Accoya in China and Thailand but they are currently cash negative as they try and build an Accoya plant. It is not clear how much income, if any, Accsys may get from this SE Asian market distributor in future.Accoya supply has been quite tight over winter but hopefully sales should improve once the expanded plant is up and running.
Driftttt
17 Apr 2018
Unusual Trading Pattern? Is it just me or do todays trades look automated. Large volume but all in amounts around 5000, 10000, 15000, 20000. Maybe someone knows something and is trying build/offload shares. It's long overdue that the 50% increase in factory was commissioned and brought online. Hope they haven't hit any issues.
Simon J Investor
20 Mar 2018
Re: Agency agreement with FINSA Seems to have low trading volumes and AXS are still in capital spend phase so there does not seem to be much enthusiasm for the shares. Some good technology though, and the product is good. They need to get plant and sales in other continents, especially as the trees aren't grown here in Europe. PS , NOT a sell a shown, not sure why that comes up.
casabanker
20 Mar 2018
Agency agreement with FINSA The share price has fallen in the past few trading days and I thought there may be some detrimental news. AXS has announced an agency deal with FINSA, based in Spain and Portugal, licensing them to sell Accoya board and Tricoya chips eventually. The Hull plant is scheduled to start production in 2019. It's still a waiting game but that's the essence of investing imo.Casa.
Wout
22 Nov 2017
Results only had a quick look. I like the company and its product but as always its jam tomorrow. I trust there is enough cash to keep going until they make a profit !
casabanker
23 Sep 2017
Re: Steady as she goes Well I have only held AXS for a few years but I think this Company epitomises what a true investment should be. It's a small Company that is growing steadily. It is new technology in action resulting in ...wait for it.....An actual manufacturing process. It's what I call a real Company producing something that is filling a need nearly everywhere. It sounds simple and easy but starting from a standing start and achieving the current level of development is no mean feat. I think that the products will be in high demand and it will be difficult for AXS to keep up. AXS has all of the hallmarks for success providing the management keep level headed and plan carefully.Casa.
Oxonoxon
22 Sep 2017
Re: Steady as she goes Agreed driffft. Have been a shareholder since 2007. Painfully slow but I remain hopeful. I also think the chip acelytisation plant has the biggest potential. What's not to like about board made from something this durable
Driftttt
21 Sep 2017
Steady as she goes I was hoping for better news on the expansion of the Arnhem plant. Completion has slipped from original estimate of end of 2017 to end of financial year i.e. 03/2018. I'm not too worried. I've been in this one for many years and live in hope that they will turn into a highly profitable company once they can produce more of their products.Getting there slowly.
equity_dev
02 Jun 2017
See management present If you would like to hear Paul Clegg, CEO, present on behalf of Accsys he will be at our next investor forum on the evening of Wednesday 21st June. Other companies also presenting are Lombard Risk Management and Carclo.In order to find out more and to register for free please visit: [link]
casabanker
29 Mar 2017
Re: Worth waiting for Hello Wout,It may well be an advantage to AXS to have the factory in the Netherlands. Any production there should not be liable to EU tariff duties in the likely event of no deal being struck with the EU. The factory being built in Hull will, of course attract a possible tariff. Don't forget though, that the produce from AXS is being exported worldwide. Give it a reasonable time and Brexit will be a minor hindrance to AXS imo. There are no other manufacturers producing competitive materials of the same quality and life expectancy as AXS. The problem AXS has is limited output. All that they produce is sold and demand is exceeding supply. The limitation is the costs of establishing new factories. It's a sweet spot that AXS is in but it is easy to become overextended with debt due to high set up costs. So it's steady as she goes.Casa.
Wout
29 Mar 2017
Re: Worth waiting for Been following this one for 2 years, Bought this morning on the good news then realized BREXIT is a big risk with a factory in The Netherlands.... Hope a trade deal is sorted out soon 
Probably adds extra cost regardless as have to comply with different regulations.
casabanker
29 Mar 2017
Worth waiting for Great news out today from AXS. The demand remains strong for both Tricoya and Accoya worldwide. AXS is raising cash to finance an increase in production to meet extra demand and the issue will be for 0.69 euro which equates to about 60p per share. I think it will include existing shareholders and not just be for the institutions for after all, we deserve to share in the rewards for our loyalty.Casa.
casabanker
04 Jan 2017
Big volume - no news The sp dipped below 52p before recovering. I hope that bad news is not on the way. If so, I will be suspicious of insider dealing unfortunately common on AIM and unlisted shares.Casa.
rob1kenobe
03 Nov 2016
Potentially a big order Come on AXS get quoting for this: [link]
