Jack, I've never actually seen accoya in the flesh, so to speak, but was commenting on the 3rd party/distributor marketing - it seems those guys 'get it' and will be able to communicate the benefits of accoya to the end users. So often with new products or technology the marketing message does not get transmitted well by distributors (generally quite conservative). I have no idea how the DW issue got so out of hand, but it seems that AXS have got beyond that now and the SP is recovering strongly.
24 Mar '15
Testing highs and great product
Alpha, I too was impressed with the samples of accoya wood and tricoya mdf(more like hardened steel than soft mdf !) stand layout and staff enthusiasm when my son and I went to a green build exhibition . So I bought a few shares. We have since bored jjoiners/carpenters/builders we know and wished we had known about it prior to renevating his present house , but will use it on the barn conversion. Have recently added and there has been some good buys the last few days. Despite DW the proposed global expansion via Licence looks promising for the future SP and eases concern over capital for development. GLA
23 Mar '15
Testing highs again
SP is again testing the high of 76 reached at the start of the month - the highest it has been in more than 6 months. Saw my first Accoya products in a windows and doors catalogue the other day. 'accoya, accoya', I said to myself - that name seems familiar, then it clicked. They looked good and got a pretty good marketing argument made for them.
5 Mar '15
Strange selling last few days
After very slow and steady SP rises the last two days have been characterised by wild, almost chaotic behaviour of the SP. Hopefully this will work itself out and we can get back to more conventional assessment of AXS prospects for the future.
2 Mar '15
Topped up a little as the volume and revenue does appear to be at a turning point. AXS is very quiet concerning DW. Would love to seee the original contract to establish if there were any timescales and what the break clause (if any) terms were. China is a huge market so a bit surprised we have had no update. I remember AXS had asked their Lawyers to review the Arbitration award but it can only be challeged if a material fact or mistake has been made and I susppect the Arbtrator took some legal advise. I concur that AXS may well sell out next year as they move into being purely a revenue company based on Licenses and others manufacture, advertise and sell the product. If so we could see a healthy jump in SP value . The current figures are pushing the SP back up and the next stage should provide us with a good profit.
27 Feb '15
Not sure you were wrong as such...it would have been useful to get an understanding of the impact on cash position of the diamond wood fiasco. Still that aside you can't argue with the numbers...dare I say it but maybe just maybe the worm has finally (and I mean finally...it's taken a while) turned here. The volumes are starting to look like they have significant momentum. My belief is that Accsys will be bought over at some point now they have proven the tech and now the market for their product...just a hunch really but that's my ultimate end game.
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