Not sure it was great. Clearly there is little room for revenue increases until capacity comes on line so another year of waiting at least. Also little or nothing on the China farce apart form a nondescript nention of small volume sales.
The story is intact and the BoD seem to have a clear direction but unfortunately it seems we are unable to supply the market demand growth in the foreseeable which is disappointing and will no doubt leave the SP range bound for sometime.
Nice to see the TTL joint partner named...none other than BP. Also a tasty £35m value and a small stake taken by BPV this is excellent news. Can't see BP hanging around and it's heartening to see that a site for the plant has already been identified. We might finally see some concrete progress here now and with the TTL valuation underpinning the SP I'm hopeful that these might still come out of the bottom drawer at some point!!
Regretfully I'm out of it, sold last Friday. It's not what I wanted: perhaps like many investors here there is a 'save the world' aspect to this share that you really want to support (while making some money of course!) I was prepared to vacate the bottom drawer for it.
BUT.... concerns have been growing. I'm no financial whizz, I'm pretty new to investing in individual companies, but this lot concern me.
I came in just in time to take a loss through the Diamond Wood problem. Is… Read More
1 December 2015 2:16am City A.M. ACCSYS TECHNOLOGIES Following on from the positive news last week of an agreement with Belgian firm Solvay, the chemical technologies group announced strong interim results. Analysts at Numis reiterated their “buy” rating, and set a target price to 117p. They said “Accsys is well place to develop the market for its unique products and therefore crystallise substantial value for shareholders”.
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