Janus
- 14 Oct 2003 16:37
Bit of a blue sky company but some interesting products. Plastic stronger than steel !!
In Sept it anounced its first agreement with a UK manufacturer involving the grant of a licence for the use of the 3DM Powder Impression Moulding (PIM) process. The first products intended to be manufactured using the PIM process are in the building products sector
http://www.3dmworldwide.com/index.htm
Price risen 12% today on little news and the US seller now seems to be out of the way.
There are some excellent post on this company on the Mike Walters site unfortunatly as a subscriber only site unable to reproduce
DYOR I hold shares
Any views welcome


kantona
- 19 Oct 2003 23:41
- 2 of 51
There has been alot said on other bb's re this company and no of notable investors, whose views are respected and followed by many, have also taken up positions in this one, such as michael walters who believes this one has got the potential to go much further .. Simon Cawkwell (aka evil kneivel) has also strong views on this,he was speculating wildly on this one on his recent interview on ADVFN on Friday gone .
I too have brought some on the Friday, although i am not a 'notable' investor and i certainly don't have any following (apart from my kid !!)
This is not intended as a ramp, as Janus previoulsy has commented it is a blue sky company so pse DYOR . 3dm have there own website with alot of information about the company for those interested to learn more about it. http://www.3dmworldwide.com
this website only contains information about 3DM, so i hope i am not violating any moneyam policy.
Janus
- 06 Nov 2003 19:58
- 3 of 51
Somebody seems happy to buy the warrants on these which means they are taking a big gamble or willing to pay a big premium considering they are for 1.50 and come due at the end of December. I guess that its one way to get a large holding if they are willing to pay a premium and considering the NMS is only about 500 at the moment.
Janus
- 07 Nov 2003 07:53
- 5 of 51
1.50 is starting to look achievable IMHO
3DM Worldwide PLC
07 November 2003
Press Release 7 November 2003
3DM Worldwide announces US licensing deals
and a US$1.35 million machine hire agreement
Dodge Dakota & Silkwood licensing agreements
3DM Worldwide plc ('3DM' or the 'Company') has agreed terms with Global
Technologies Inc. ('GTI') of Delaware and Michigan, whereby GTI will take
management control of the Dodge Dakota tipping truck bed project and the
Silkwood Modular Housing Project in Mexico. The Company has pursued this course
of action to give greater focus towards its strategy of licensing 3DM's
Intellectual Property.
GTI is a company that has been established to manufacture components using the
3DM Powder Impression Moulding ('PIM') process. Although the Company holds no
shares in GTI, Mr Mario Di Nello, the former President of its US subsidiary 3DM
Technologies Inc. ('3DMTI'), is President of and a shareholder in GTI. Mr Di
Nello has no involvement in the management of 3DMTI, having stepped down as its
President last year. Mr Di Nello has over 20 years of experience in the
plastics industry and was a Director of 3DMTI from its inception in 1996 until
last year. 3DMTI was the original developer of the PIM process, and was
acquired by the Company in 2001. Mr. Di Nello was directly responsible for
introducing the Dodge Dakota and Silkwood projects to 3DM.
With respect to Silkwood, 3DM will continue to benefit from the original
financial arrangements as stated in the AIM admission document of October 2002.
In this regard, the Company will receive a 10 per cent royalty on revenues
generated, with a minimum of US$15 million over five years once development work
is completed, which is anticipated shortly.
3DM has also granted GTI a licence to extend the Silkwood project to the United
States, where a potential market opportunity has been identified in the southern
states, and particularly in Texas. Royalty payments will be separately
negotiated for each case, and the structure of these will typically follow the
original Silkwood model.
Having previously commissioned and completed the research and development of a
truck bed for the Daimler Chrysler Dodge Dakota after-market, 3DM has agreed to
transfer direct responsibility for sourcing the manufacture and sales to GTI.
Production of the after-market tipping truck beds has already commenced and the
first revenues are expected at the end of 2003. 3DM will receive 10 per cent of
all revenues in royalty fees, and significant revenues are anticipated in 2004.
As part of the arrangements described above, GTI has procured the cancellation
of the agreements that the Company formerly had with 3DM International Inc. ('
3DMI'), from whom the Company acquired 3DMTI in 2001. Under these agreements,
the Company was to pay to 3DMI 10 per cent of all royalties earned by 3DMTI in
any North American Free Trade Association ('NAFTA') territory. 3DMI was also to
undertake certain research and development activities in the USA, which will now
be undertaken under the Company's own management in the UK or under bespoke
contract in the USA. No liability accrues to either party as a result of this
cancellation.
Machine Hire Agreement
3DM has also agreed to lease one of its prototype PIM machines to Value Plastics
Technology Inc. ('VPT') of Michigan over a five-year period at US$22,500 per
month. This will recover all the money 3DM spent on the development of this
machine. VPT will use the machine initially to conduct research and development
under a non-exclusive licence on potential PIM applications within the consumer
building materials industry in the United States.
VPT is a specialist plastics business whose activities include the manufacture
of plastic processing machinery. Under the terms of the agreement, 3DM is being
granted a 20 per cent interest in VPT, whose President and Chief Technical
Officer is Miguel Linares. Mr Linares, who is also Chief Technical Officer of
3DMTI, will also be a shareholder in VPT, although the majority of the shares in
VPT will be held by parties unconnected with 3DM.
Upon completion of the relevant research and development phase, 3DM will receive
a 10 per cent royalty on sales under any specific agreements that VPT reaches
for the PIM process in relation to the consumer building materials industry in
the United States.
To maintain control over its Intellectual Property, 3DM will have the right to
refuse any specific opportunities introduced by both GTI and VPT. Furthermore,
3DM will retain ownership of the existing intellectual property, as well as any
new intellectual property generated as a result of GTI and VPT's discussions
with other parties.
Ken Brooks, Chairman of 3DM Worldwide plc, said: 'The agreements with GTI fit
perfectly with 3DM's business model, which is to retain ownership and control
over its Intellectual Property while establishing a stream of licence and
royalty income from manufacturing processes that use our Intellectual Property.
GTI is well positioned to exploit our processes in the United States, while we
focus on sourcing new licensing agreements in other markets and territories.
Both the Dodge Dakota and Silkwood projects are well advanced and we expect
revenues to commence soon.'
'This research and development agreement with VPT reflects the true value of
3DM's Intellectual Property. The significant interest expressed in the
application of the 3DM PIM process for building materials, as demonstrated by
negotiations that VPT is already having with a number of potential customers in
this field, provides further vindication of our Company's strategy.'
- Ends -
For further information:
3DM Worldwide PLC
Ken Brooks, Chairman Tel: +44 (0) 1993 779 468
kenb@3dmworldwide.com
www.3dmworldwide.com
Media enquiries:
Bankside Consultants Limited Tel: +44 (0) 20 7444 4140
Henry Harrison-Topham / Chris Munden
chris.munden@bankside.com www.bankside.com
Janus
- 07 Nov 2003 16:41
- 8 of 51
I was thinking of topping up this morning on the news, and kept waiting for it to come back a bit and it just kept going up!
Piece on Citywire today from Edmond Jackson concludes that this is highly speculative @ 130.
Wendy D
- 07 Nov 2003 19:53
- 9 of 51
Edmond Jackson: "...I continue to avoid....".
LOL. I wonder how long he has been "continuing to avoid"? Since 25p? - 60p? - 1.00? - the mind boggles.
A narrow mind = narrow profits.
Janus
- 08 Nov 2003 18:28
- 10 of 51
From the Daily Mail today
SIMON Cawkwell, the self-styled 'Evil Knievil', is mega bullish about Aim-quoted 3DM Worldwide, 26p higher at 138.5p. He has bought 50,000 at 134p and believes it will rocket next year. The company has developed a low-cost environmentally-friendly moulding process that produces a plastic potentially stronger and lighter than steel. It yesterday announced a Mexico licensing deal with US-based Global Technologies
sinutab
- 08 Nov 2003 23:13
- 11 of 51
given a good account of it on tips aswell. more far more upside he says.
Janus
- 11 Nov 2003 07:39
- 12 of 51
3DM Worldwide raced ahead by 26.5p to 164.5p on the back of Friday's
licensing deal. Last Thursday the legendary bear raider Evil Knievil
revealed on his fortnightly EvilCast show on website www.t1ps.com
that he had taken a large position in the
company in the belief that its shares could possibly rise tenfold and
this morning on the t1ps.com bulletin board he
argued that the shares could hit 20 stating "On the facts so far
available one cannot say that it cannot or will not. Only a fool would
sell below 300p."
Janus
- 11 Nov 2003 20:05
- 13 of 51
Piece from Lemming Investor
http://www.lemminginvestor.com/3DM.html
Company Focus by Elric Lloyd-Langton
3DM Worldwide (1.87)
November 11, 2003
3DM Worldwide Plc.(TDM) Primarily a technology holding company, it can best be described as an intellectual property bank and licensor. In 2001, the company acquired 3DM, a US company, by an issue of shares and warrants. It moved from OFEX to AIM, and has an ADR facility with the Bank of New York. The company opened a plant in Detroit last year, and a new UK plant has been established in Trowbridge. 3DM will use these to establish and develop new products, build prototypes, etc.
Current trend suggests that investors are waking up to 3DM, recovering from sub 20p lows to currently 1.87 today.
3DM Worldwide owns the intellectual property process behind a low cost environmentally friendly plastic moulding process, potentially stronger than steel, cheaper, and lighter. The patented technology known as Powder Impression Moulding (PIM) involves fusing powdered thermoplastic resins, together, if required, with reinforcing materials at relatively low temperatures. The process allows a variety of raw materials to be used, including a high proportion of recycled products, hence environmentally friendly. During the process additives may be added for further strengthening, the core of the product can be closed cell plastic foam, giving it enormous structural strength and rigidity, plus weight savings and insulation properties. Primarily its products are used in the automotive industry, however new developments have a potentially broader field. The building trade could be the key to early revenues ahead of more significant developments within the automotive industry. Insulation panels for new homes, scaffolding gang planks and fencingi`m sure the list is endless.
It is important to understand that 3DM Worldwide will not go into mass production of any particular product where its technology is suitable, instead, the company will licence is intellectual property rights out to 3rd parties after developing a product.
The company is seeking ways to establish and control new uses for the patented process and licence its technology effectively which will in turn bring in royalties as its main source of future income.
To give you some idea as to scale of strength of the technology Daimler Chrysler are producing a polymeric pick-up box for the next generation of Dodge Dakota trucks. A prototype was exhibited at the 2002 North American Motor Show, showing a complete one-piece plastic rear box. Despite a 951b weight reduction, this is a more robust truck-bed, suitable for tilt unloading and with a 4,OOOlb capacity. Impressive! The company anticipate production to start in the final quarter of this year, with a significant contribution to the group's bottom line in 2004.
Potential markets for PIM could be fence panelling, prefabrication. 3DM has a contract with Silkwood to develop a prefabricated housing system for the Mexican market. The prefabrication units are ideal for disaster areas where temporary units will be need for housing.
On November 7 3DM announced that it had agreed terms with Global Technologies Inc. ('GTI') of Delaware and Michigan, whereby GTI will take management control of the Dodge Dakota tipping truck bed project in Mexico. Having previously commissioned and completed the research and development of a truck bed for the Daimler Chrysler Dodge Dakota after-market, 3DM has agreed to transfer direct responsibility for sourcing the manufacture and sales to GTI. Production of the after-market tipping truck beds has already commenced and the first revenues are expected at the end of 2003. 3DM will receive 10 per cent of all revenues in royalty fees, and significant revenues are anticipated in 2004.
GTI was established to manufacture components using the 3DM Powder Impression Moulding ('PIM') process. 3DMTI was the original developer of the PIM process, and was acquired by the Company in 2001. 3DM also granted GTI a licence to extend the Silkwood project to the United States, where a potential market opportunity has been identified in the southern states, and particularly in Texas. Royalty payments will be separately negotiated for each case, and the structure of these will typically follow the original Silkwood model. In this regard, the Company will receive a 10 per cent royalty on revenues generated, with a minimum of US$15 million over five years once development work is completed, which is anticipated shortly.
Ken Brooks, Chairman of 3DM Worldwide plc, said: 'The agreements with GTI fit perfectly with 3DM's business model, which is to retain ownership and control over its Intellectual Property while establishing a stream of licence and royalty income from manufacturing processes that use our Intellectual Property. GTI is well positioned to exploit our processes in the United States, while we
focus on sourcing new licensing agreements in other markets and territories. Both the Dodge Dakota and Silkwood projects are well advanced and we expect revenues to commence soon.'
'This research and development agreement with VPT reflects the true value of 3DM's Intellectual Property. The significant interest expressed in the application of the 3DM PIM process for building materials, as demonstrated by negotiations that VPT is already having with a number of potential customers in this field, provides further vindication of our Company's strategy.'
Machine Hire Agreement
3DM has also agreed to lease one of its prototype PIM machines to Value Plastics Technology Inc. ('VPT') of Michigan over a five-year period at US$22,500 per month. This will recover all the money 3DM spent on the development of this machine. VPT will use the machine initially to conduct research and development under a non-exclusive licence on potential PIM applications within the consumer building materials industry in the United States.
VPT is a specialist plastics business whose activities include the manufacture of plastic processing machinery. Under the terms of the agreement, 3DM is being granted a 20 per cent interest in VPT, whose President and Chief Technical Officer is Miguel Linares. Mr Linares, who is also Chief Technical Officer of 3DMTI, will also be a shareholder in VPT, although the majority of the shares in
VPT will be held by parties unconnected with 3DM.
Upon completion of the relevant research and development phase, 3DM will receive a 10 per cent royalty on sales under any specific agreements that VPT reaches for the PIM process in relation to the consumer building materials industry in the United States.
Controversial bear raider Evil Knievil revealed on t1ps.com that he had taken a large position in the company with the view that its shares could possibly rise tenfold. Evil argued that the shares could hit 20 stating "On the facts so far available one cannot say that it cannot or will not. Only a fool would sell below 300p."
Janus
- 19 Nov 2003 20:16
- 14 of 51
Buy 3DM and Sell Photo Me
by legendary bear raider Evil Knievil
First the selling - far more fun. Lets see who we can annoy today. My latest target is Photo Me International. I should declare that I am short of 125,000 shares and also that I am going to clean up. Supporters reckon that the take-up of its new photo-processing technology will be rapid and that after three years of let downs it is back on the growth tack. Having nosed around I remain far from convinced. If the supporters are correct, earnings will come in at around 2.8p for the year to March 31st 2004 and 4.5p next time. I am far from convinced.
If this was a proven growth company with a credible and consistent track record I might consider that a forward PE of 35 falling to 20 was just about on the right side of the border of lunacy. But Photo Me has not been consistent in the past and until I see sustained growth I see no reason why it should be in the future. As such one is paying a high price for jam tomorrow. It goes without saying that Photo Me is indebted (although debts are being reduced) and that its net assets (c60 million) bear no relation to its market capitalisation (352 million).
And I am not the only seller. Just last month non-exec Phillipe Wahl dumped 29 million shares at 108p and retired. Good call. Supporters point out that CEO Serge Crasnianski bought one million of the shares but since he trousered many times the 1.08 million he paid on this occasion by selling shares back in the "good old days" I am not sure that this is of any import. I admit that recent trading statements have been upbeat but the good news is very much in the price while there is no room for disappointment. At 97p - sell.
Key Data
EPIC: PHTM
NMS: 5000
Spread: 96.75p-99p
Market Cap: 352 million
And Now The Buy
Accuse me of hypocrisy, of being a two-faced old drunk if you may but my nap on the long tack has even less in the way of historic revenues than Photo-Me. It is thoroughly speculative and, at 173.5p I have to admit that the downside risk is around 173.5p. But the upside potential is unquantifiable. 3DM owns the intellectual property rights to a process that converts waste plastic (the bottles that the feral underclass discard in our streets) into a form which is harder than steel, much lighter and - of course - much cheaper to produce. This sounds like the stuff of science-fiction but I believe it to be true.
The company has already signed a number of small licensing agreements which will bring in a modicum of upfront payments - the sort of sums that would keep my vintners at bay for a couple of weeks. But the real income is from ongoing royalty payments. The point here is that by granting rights to different companies in different industries, in different geographic zones the number of such deals is practically limitless and the dependence on any one partner limited. The only problem facing such a small company is that it does not have the management overhead to process these deals quickly enough.
In terms of cash, 3DM is not drowning in the stuff yet but its overheads are minimal and the exercise of a clutch of warrants by December 31st could bring in 6 million or more. That is easily enough to take 3DM through to profitability. Moreover, once 3DM is profitable, because it will be operating via license agreements its capital outlays will be minimal and hence it will have a high cash conversion rate.
In terms of forecasts? Who knows? I am told that earnings could easily top 7p in 2004 (not bad for the second year as an AIM listed company) but should escalate dramatically thereafter. By escalation I mean multiplication not addition. It is impossible to set a firm target for this stock but it is plausible that as earnings multiply these shares could race through 10 in a fairly short order. On a risk/reward basis that makes 3DM a very attractive play. That is why my family owns one million shares in the company. At 173.5p it is a buy.
Key Data
EPIC: TDM
NMS: 500
Spread: 170p-177p
Market: AIM
Market Cap: 107 million
ajren
- 20 Nov 2003 19:31
- 15 of 51
Issue of Equity
Janus
- 24 Nov 2003 07:53
- 16 of 51
3DM Worldwide announces Investment and Licensing Deal
with Highseas Technologies Limited
http://www.uk-wire.com/cgi-bin/articles/200311240701013884S.html
Janus
- 24 Nov 2003 07:54
- 17 of 51
3DM Worldwide acquires 20% stake in company planning to list on AIM
http://www.uk-wire.com/cgi-bin/articles/200311240700103876S.html
Janus
- 26 Nov 2003 14:38
- 18 of 51
tobyjug
- 26 Nov 2003 15:10
- 19 of 51
Perhaps it's a bit late to get in TDM but Robotic Technology Systems should do OK out of this contract. And it's in at the begining.
Janus
- 12 Dec 2003 07:41
- 20 of 51
3DM Worldwide PLC
12 December 2003
Press Release 12 December 2003
Guaranteed minimum US$15 million 5-year Silkwood royalty
3DM Worldwide plc ('3DM'), a leader in plastics technology intellectual
property, announces that the development phase of the pre-fabricated housing
system, to be supplied by Silkwood Financial Corporation ('Silkwood') to Mexico,
is now complete.
Under the terms of the original agreement, Silkwood will now pay a 10% royalty
to 3DM on all revenues generated, with a guaranteed minimum of US$15 million
over a five-year period, regardless of how many housing units are sold. This
level of payment is structured so that 3DM will receive a minimum of US$1
million during the first year, US$2 million during the second year, and so on
until receiving at least US$5 million during the fifth year. Payments in each
12-month period are due quarterly in equal amounts, and the first invoice is
being raised immediately. In addition, 3DM will be reimbursed for approximately
US$425,000 in related research and development expenses.
As announced on 7 November 2003, 3DM has granted Global Tech International Inc.
('GTII') a licence to extend the Silkwood project to the United States, where a
potential market opportunity has been identified in the southern states, and
particularly in Texas. Royalty payments will be separately negotiated for each
case, and the structure of these will typically follow the original Silkwood
model.
Ken Brooks, Chairman of 3DM Worldwide plc said: 'The successful completion of
the Silkwood development phase is a significant milestone for 3DM, not just in
financial terms but also in proving the effectiveness of our Powder Impression
Moulding ('PIM') process for the potentially very large global low-cost housing
market. It gives us confidence that 3DM will benefit in the future from further
pre-fabricated housing deals, including those we anticipate being arranged by
GTII in the United States.'
Further information about 3DM can be found at the new website -
www.3dmworldwide.com
- Ends -
For further information:
3DM Worldwide PLC
Ken Brooks, Chairman Tel: +44 (0) 1993 779 468
kenb@3dmworldwide.com
www.3dmworldwide.com
Janus
- 16 Dec 2003 07:48
- 21 of 51
3DM Worldwide PLC
16 December 2003
Press Release 16 December 2003
Extended tyre sensor licence agreement
3DM Worldwide plc ('3DM'), a leader in plastics technology intellectual
property, announces that it has signed a supplemental agreement with Transense
Technologies plc ('Transense') to extend the scope of the field-of-use allowed
under its tyre sensor licence agreement.
Transense has developed a type of tyre sensor based on Surface Acoustic Wave ('
SAW') technology. 3DM has a non-exclusive licence on this sensor technology,
although Transense has also agreed that it will not grant a similar licence to
any company whose primary business is wheel manufacturing before 30 September
2004.
From 1 January 2004 it will be mandatory for tyre sensors to be attached to all
vehicles manufactured in the USA that weigh 10,000 pounds or less. This
legislation has been driven by a mixture of safety and environmental concerns.
Tyre problems are one of the most common causes of vehicle breakdowns, while
hundreds of thousands of accidents each year in the USA are attributed to low
tyre pressures. Under inflated tyres also produce greater road resistance, more
rapid tyre wear and higher fuel consumption. SAW sensors deliver accurate
pressure readings quickly and directly to the driver, they are small and
inexpensive to manufacture, and they do not need batteries.
On 24 November 2003, 3DM announced that, with the consent of Transense, it had
agreed to grant to Global Tech International Inc. ('GTII') a sub-licence for the
use of the SAW tyre sensor technology. Under that agreement, GTII will pay
150,000 to 3DM as well as a royalty equal to 115% of the royalty payable by 3DM
to Transense under the terms of the head licence. The sub-licence will apply
for the duration of the head licence, which is for the life of the patents and
know-how and of any improvements, but only to the NAFTA area, with 3DM retaining
rights to the rest of the world
3DM's original licence agreement with Transense restricted 3DM and hence GTII to
only using sensors that were moulded into the actual wheel. This new agreement
extends the potential field-of-use to any part of an overall wheel, and this
change could be of particular advantage to GTII which is currently in
discussions with one of the leading US automotive groups.
3DM will pay 50,000 to Transense for widening the head licence's field-of-use,
and 3DM will in turn receive 100,000 from GTII for extending the field-of-use
change to the sub-licence agreement. This increases to 250,000 the fee to be
paid by GTII to 3DM, with all royalty and other terms and conditions of 3DM's
sub-licence agreement with GTII remaining unchanged. In addition, also as
announced on 24 November 2003, GTII is currently being acquired by Longborough
Capital plc which is 20% owned by 3DM.
Ken Brooks, Chairman of 3DM Worldwide plc said: 'With the imminent introduction
of new tyre sensor legislation in the USA, this agreement could be extremely
valuable for GTII in its discussions with a major US auto company and, in
addition to the additional sub-licence fee, 3DM would directly benefit from any
contract wins through both royalty income and our 20% stake in Longborough.'
James Perry, Chief Executive of Transense said: 'I am very pleased that 3DM has
requested the extension of the scope of its tyre pressure monitoring licence to
include sensors attached to the wheel and to the valve. We have been testing a
new in-valve system developed over the past year and, having successfully
demonstrated it to 3DM recently, 3DM has decided to broaden its licence to
enable 3DM's sub-licensee to progress its discussions with a leading US
automotive manufacturer.'
Further information about 3DM can be found at the new website -
www.3dmworldwide.com
- Ends -
Legins
- 16 Dec 2003 16:28
- 22 of 51
Two posts with very good RNS news articles (12Dec & 16Dec) following previous good news for 3DM Worldwide and expectations that many more deals are to come in the near future yet the sentiment of mm's is to drop the share price. It does look as if the mm's are flushing out weak buyers. I intend to hold on and a good opportunity to buy in some more.
Andy
- 16 Dec 2003 23:11
- 23 of 51
legins,
Quite a few of the companies that have had such a good run on AIM since the middle of this year are now dropping back somewhat.
What we have to determine is if it's a general trend, or just a few companies that are retracing.
PDX dipped quite a bit, and has now regained half of the recent losses.
I wonder if some are detecting tougher times ahead, and taking profits?
Or moving into gold and resource stocks, as these are widely being tipped to be the winners in 2004?
Cods
- 09 Jan 2004 16:42
- 24 of 51
I have always believed that plastic is almost impossible to repair by welding or any other commonly acceptable method used in other materials wood/steel/fibreglass etc.
Therefore how would I repair my boat if i bumped it?
Any ideas?
Legins
- 09 Jan 2004 18:37
- 25 of 51
Ask 3DM, they claim it is easy to weld, probably a welding resin compound of the same material.
Cods
- 09 Jan 2004 21:01
- 26 of 51
legins
I will ask.
Legins
- 09 Jan 2004 21:40
- 27 of 51
Cods
It will be interesting to hear of an answer you get from them. Do you have a fibreglass boat and do sea fishing?
As this material is robust and strong as steel then I doubt you would suffer the same damage as a GRP hull. It would be useful to find out if the plastic has any shock absorbing properties if you make any enquiries.
I guess a prospective owner of a new boat with a plastic hull would want to know if the material is impervious to Osmosis of sea water seapage like GRP hulls are prone to which require the regular maintenance & treatment costs to prevent it.
Cods
- 10 Jan 2004 10:37
- 28 of 51
Legins
No I don't have a boat but I have always understood that plastic was practically impossible to repair effectively. Obviously i could be quite wrong but if I was buying a boat I would want to know that repairs could be carried out cheaply and effectively. Anyway I've emailed the company and will report back. I may ring them on monday because apart from investment strategy I have a natural curiosity.
The web site cleary states that it can be repaired quickly and cheaply but don't give details so it will be interesting to see how it's done.
Cods
- 15 Jan 2004 18:17
- 29 of 51
Legins
I've received a reply from TDM and it seems the stuff iseasy to repair.
I don't suppose TDM would mind me putting the reply up here.
"I am not sure what type of "plastic" you refer to as being difficult to repair.
It is possible you are referring to something like Bakelite or some grades of polyurethane, where the matertial is in fact a "thermoset" plastic.
these types are not however in the great majority of applications of today.
most commodity and engineering grades of plastic are meltable and reusable/recycleable.....a very important feature in most user applications. The materials called plastic in the vast majority of applications can be jointed / repaired very easily.
for instance.....where you see blue water or yellow gas pipes in lengths at the side of the road waiting to be laid....these are jointed using plastic welding rods or fusion couplings allowing the two components to be fused together. the same principal applies with large areas of damage.....either a "patch "of molton plastic can be inserted , or an entire section cut out and a new one welded in .
Indeed in most cases repair or jointing is extremely easy and has been done successfully for vewry many years.
I hope this answers your query adequately , but if you require further and more specific information , please do not hesitate to reply."
Seems a very satisfactory answer - what do you think?
cods
Janus
- 13 Feb 2004 07:58
- 30 of 51
Janus
- 29 Mar 2004 07:16
- 31 of 51
3DM Worldwide PLC
29 March 2004
Press Release 29 March 2004
3DM Worldwide announces a Licence Agreement with Geomatrix Inc.
3DM Worldwide plc ('3DM' or the 'Company'), a leader in plastics technology
intellectual property, is pleased to announce the signing of a Development
Licence Agreement with Geomatrix Inc. of Michigan, USA.
Geomatrix is a supplier of wood and plastic products for the home consumer
building materials market in the United States and Canada. Geomatrix is a major
supplier to Lowe's Companies, Inc. (NYSE: LOW), a Fortune 100 company whose
sales in fiscal 2003 were US$30.8 billion. Lowe's serves approximately 10
million customers a week at more than 950 home improvement stores and, in 2003,
it was named as the USA's most admired specialty retailer. Geomatrix's other
customers include The Home Depot, Inc. (NYSE: HD) which describes itself as the
world's largest home improvement retailer and is the second largest retailer in
the United States, with fiscal 2003 sales of US$64.8 billion.
Under this agreement, Geomatrix has been granted a licence by 3DM to develop a
number of products in North America, beginning with lattice fence panelling,
decking, trim boards, door windows and trim mouldings used in residential home
construction.
The terms of the licence, which is initially for fifteen years and renewable
thereafter, call for a 10 per cent royalty to be paid to 3DM on the first US$10
million of product, subject to minimum sales of US$2 million in the first year,
US$10 million in the second year and US$20 million in the third year. There are
reducing royalties on sales above US$10 million per annum, set at 8 per cent on
sales of US$10 million to US$25 million and 6 per cent of sales above US$25
million. 3DM will retain ownership of its existing Intellectual Property, as
well as any new Intellectual Property developed from the existing applications.
Production is expected to start in the second half of 2004.
Initial research and development work for the product range will be undertaken
by Value Plastic Technologies LLC ('VPT'). Thereafter Geomatrix will source
full production manufacture through one of its own affiliates but with VPT
manufacturing and selling the bespoke machinery for 3DM's Powder Impression
Moulding ('PIM') process.
VPT is a specialist plastics business whose activities include the manufacture
of plastic processing machinery. Under the terms of an agreement that was
announced on 7th November 2003, 3DM has a 20 per cent interest in VPT, whose
President and Chief Technical Officer is Miguel Linares, previously President of
3DM Technologies Inc.
Ken Brooks, Executive Chairman of 3DM Worldwide plc said: 'Our November 2003
announcement on VPT said they would use a leased prototype PIM machine to
conduct R&D under a non-exclusive licence on potential PIM applications within
the consumer building materials industry in the United States. We were very
confident that our partners in VPT would be of great use to us in the North
American roll-out of the PIM process and this first deal introduced by them is
extremely exciting. We expect more from this source in the future.'
- Ends -
For further information:
3DM Worldwide PLC
Ken Brooks, Chairman Tel: +44 (0) 1993 779468
kenb@3dmworldwide.com
www.3dmworldwide.com
Janus
- 29 Mar 2004 15:51
- 32 of 51
Update on 3DM Worldwide Investment and Licensing Deal with Highseas Technologies Limited
http://www.uk-wire.com/cgi-bin/articles/200403291539580552x.html
Adie2001
- 29 Mar 2004 20:02
- 33 of 51
sorry janus - didn't realise there was another thread :-(
Very good news that needs two airings anyway, one for each piece of news ;-)
Regards
Adie2001
Janus
- 30 Mar 2004 07:37
- 34 of 51
No problem Adie.
The Highseas website for those interested also Dixon Yachts design website
http://www.highseas.co.uk/
http://www.dixonyachtdesign.com/
Janus
- 05 Apr 2004 08:27
- 35 of 51
From the Independant
Buzz about plastics
There is a growing buzz around 3DM Worldwide, the AIM-listed inventor of a revolutionary new manufacturing technology, a plastics moulding process it calls powder impression moulding. The process uses recycled material and is energy efficient, and the resultant product can be made as strong as steel. 3DM is not a manufacturer, but rather licenses the technology to others, and in just the past week PIM has been signed up for use in yachts, door windows and fence panelling. The company is expected to make its first profit this year as royalties start to come through
Janus
- 04 Jun 2004 07:25
- 36 of 51
Well I'm still in this and hopefully expecting a bounce this afternoon...Could be wrong of course !
Some comments from the papers today
Guardian
On AIM, 3DM Worldwide was one of the biggest losers after investment website T1PS.com claimed the market capitalisation of the loss-making plastic moulding technology company, at 52m, was almost impossible to justify.
T1PS has written to 3DM asking for clarification on a number of issues, the most interesting of which concerns Silkwood Financial Corporation.
As close followers of the company will know, 3DM agreed a $15m (8m) five-year royalty deal with Silkwood earlier this year.
The company, however, which has yet to file its annual report, has been unable to provide T1PS with a contact name or number for Silkwood.
Telegraph
Plastics developer 3DM Worldwide tumbled 20.5 to 78p after share tipping website t1ps.com said it "cannot see how the current share price is justified". Simon Cawkwell, the bear trader nicknamed "Evil Knevil" is understood to be bullish the stock.
Independent
3DM Worldwide came under heavy selling pressure for the third day in a row, sending the group's shares crashing 20.5p to 78p. Such was the hurry of some investors to exit the stock that sellers were willing to accept prices as low as 68p, a level at which a block of 375,000 shares crossed the market. The plastics developer has until the end of the month to post its 2003 results otherwise its shares face suspension.
Mail
Following a weighty 'sell' article on t1ps.com, the investment website, investors bailed oit of Aim-listed 3DM Worldwide in droves.
Shares of the company, which owns intellectual property rights to a process that converts waste plastic into a form harder but much lighter than steel, crashed to 69p before closing 20.5p down at 78p.
Janus
- 04 Jun 2004 09:43
- 37 of 51
Interesting times. I am led to believe that TDM are talking to their lawyers re the insinuations on t1ps.com and a statement will probably be made today
Andy
- 04 Jun 2004 09:58
- 38 of 51
I have also asked this on ADVFN.
Can anyone supply a location or contact details for "Silkwood Financial Corp"?
I have looked on google, but without success!
Janus
- 04 Jun 2004 14:40
- 39 of 51
Andy, nobody seems to know. That was one of the questions T1ps asked without a response.
It would also seem that there is not now going to be a statement today, not even to announce when the results are going to come out !
Janus
- 07 Jun 2004 07:18
- 40 of 51
Wounded 3DM looks to results to silence critics
By Stephen Foley
07 June 2004
The most eagerly anticipated results due from AIM are the delayed full-year figures from 3DM Worldwide, a company at the centre of an extraordinary bear raid. An anonymous dossier on the company has been circulating in the City over the past few days, prompting a furious response from the company and its fans. They insist the results will put an end to the sniping.
An Oxfordshire company, 3DM has invented a revolutionary manufacturing technology: a plastics moulding process it calls powder impression moulding (PIM). The process uses recycled material and is energy efficient, and the resultant product can be made as strong as steel. We have reported in this column before the buzz being generated by a string of licensing deals with other companies hoping to use PIM for new products, including yachts, scaffolding and fences.
It is these deals that are the subject of the bear raiders' innuendo. Most of the licensees are start-up ventures, and several are run by former 3DM executives. 3DM has also paid for equity stakes in several of its partners. No household names have taken on the technology.
For its part, 3DM argues these sorts of deals are the quickest and most sensible way of getting a revolutionary technology developed. Of course former directors are going to be fans of PIM and have their own ideas for start-up companies that could use the technology, it says.
The case against 3DM is being argued by Tom Winnifrith, the former presenter of Channel 4's dot.com era game showShow Me The Money, through his online tipsheet, t1ps. He says the company has refused to answer simple questions about its business partners, but admits he might "look a right Charlie" if the 2003 results answer all his objections.
The delay as the results are checked with advisers has frustrated fans of 3DM, who watched as 16m was wiped off the value of the company last week, leaving it valued at 61m. They hope for a company statement this week, and 3DM certainly has to file figures before the end of the month or face being suspended from AIM
http://news.independent.co.uk/business/analysis_and_features/story.jsp?story=528998
Janus
- 07 Jun 2004 07:32
- 41 of 51
Interesting to see that Mike Walters has posted a piece about TDM and he seems happy with the way things are.
http://www.michaelwalters.com/
Janus
- 08 Jun 2004 07:11
- 42 of 51
Results out on Monday 14th June
hlyeo98
- 09 Jun 2004 11:41
- 43 of 51
Not a promising company as its price has dropped from 2.10 to 87p now. Simon Cawkhill (Evil Knievil is wrong this time.
Andy
- 09 Jun 2004 12:58
- 44 of 51
janus,
I would be somewhat nervous of holding this on Monday, because, IF the results aren't good, and they do not answer some of the questions regarding their structure that have been asked of late, in particular re Silkwood, the shorters will be basck IMHO, and the proce could really be clobbered.
Good luck to all.
Janus
- 09 Jun 2004 13:05
- 45 of 51
2.10 are you sure you have the correct share ? Results Monday I'm happy to wait !
Janus
- 09 Jun 2004 16:13
- 46 of 51
Andy, I have to admit after reading that sell note from Tom Winnifrith last week I was somewhat worried. I understand he has put out a further sell note today, this on the basis of post on the Mike Walters site and in which he has breached copyright and even then would seem to have misinterpreted.
I am happy to hold these at this time and have made my own enquiries.
Bob Erickson at Geomatrix seems a straight guy and seems very upbeat on the TDM process. Tel: (248) 643-7764. Fax: (248) 643-7860.
Vtech 248) 853-6750 or Value tech wont say much at all as they are under a confidentialty agreement,not unusual. They do have a website which tells what they make.
http://www.vptech.us/
The only thing that is curious is Silkwood but I am assured that its all ok and I am happy to continue holding at this time
I would expect the chairmans statement to clear up any questions.
Of course I could be wrong so DYOR
Janus
- 18 Jun 2004 07:06
- 47 of 51
I am now out of these.
3DM Worldwide, the plastic moulding technology firm, was one of the biggest fallers on Aim yesterday, hit by speculation that stock exchange officials were investigating allegations - made on investment website T1PS.com - concerning disclosure of dealings by major shareholders and earnings forecasts. 3DM closed 15.5p lower at 62.5p.
http://www.guardian.co.uk/business/story/0,3604,1241643,00.html
Plastic group under LSE scrutiny
By Stephen Foley
18 June 2004
The London Stock Exchange was looking into the affairs of the plastics company 3DM yesterday, amid allegations of misleading investors and deepening confusion over the status of its most eagerly anticipated new product.
The retail investor favourite is at the centre of a vicious raid by short-sellers, who have passed information on the company to the LSE, which regulates the AIM where 3DM shares are traded.
They claim a major shareholder - Battlebridge, a Jersey-based company owned by a friend of 3DM's chairman, Ken Brooks - has sold shares without the market being informed. The company denies this and says it is mischief-making by the raiders who include the notorious short-seller Simon Cawkwell, known in the City as Evel Knievel.
Grant Thornton, 3DM's adviser, said last night it was looking at this and other claims that the company misled the market.
The developments came as 3DM shares plunged 20 per cent to 62.5p. They have halved in value since the start of June.
There was confusion, too, over the status of the most eagerly anticipated new product - a "bed", or base, for the back of a DaimlerChrysler truck, made of a plastic as strong as steel. The company's US development partner said work on parts for a DaimlerChrysler truck has been suspended until the autumn and could be delayed for months - just days after 3DM's annual results struck a bullish note.
Mario DiNello, head of 3DM's US manufacturing partner, Global Tech International, said he was waiting for DaimlerChrysler to supply the blueprint for the 2005 model by September before proceeding to ramp-up production. Asked how many beds could be produced this year, Mr DiNello said: "If we have to make a new mould, that is going to take time, and that could push the timeframe back a bit. If there is no model change, we can accelerate immediately."
Mr Brooks said production could be ramped up anyway using the existing mould. He stood by Monday's results statement promising accelerated production by the end of 2004, adding that sales of "5,000 by Christmas" were possible. Mr DiNello yesterday said "more than a dozen" beds had been produced, while Mr Brooks said "less than 100" existed.
http://news.independent.co.uk/business/news/story.jsp?story=532713
Janus
- 18 Jun 2004 09:41
- 48 of 51
Janus
- 21 Jun 2004 07:33
- 49 of 51
Technology impresses but the sales are slow
By David Blackwell
Published: June 21 2004 5:00 | Last Updated: June 21 2004 5:00
This is a saga featuring the manufacture of toilet paper in Kyrgyz, the possible use of recycled hospital waste to make bricks and a character called Evil Knievil.
It highlights the dangers of bulletin boards on the internet, where expletives are never deleted. It also shows the difficulties facing a tiny company that believes it has a world-beating technology, but has yet to prove it in the sales line.
The company is 3DM Worldwide, which has spent the last couple of years developing a process called powder impression moulding (PIM).
The technology is impressive. Little else could account for the fact that the shares were driven from a 12-month low of 18p to a high of 199p earlier this year, backed by some favourable comments in internet tipsheets.
At the peak, the company's 65m shares had a value of almost 130m. Yet it employs only about 20 people, and last week reported a loss of 1.44m on turnover of 250,000 for the year to December.
The fall in sales from 313,000 in 2002 reflects a radical change of direction at the company. It used to be known as Camco when trading on Ofex as a manufacturer of paper products in Kyrgyz in central Asia. But, on moving to Aim two years ago, the company issued 24m shares to acquire 3DM Technologies from a US company. It has since been selling off the Kyrgyz assets and building a licence-based business on 3DM's technology.
Powder injection moulding came out of research for the Detroit motor industry. The process involves coating the inside of two aluminium moulds with polymers that can be sourced from recycled plastics. The gap between the moulds can be filled with almost any other agent, including recycled waste from hospitals. Ken Brooks, executive chairman of 3DM, says that even old syringes can be used - the needles give added strength.
Mr Brooks cites numerous uses for the product. He talks of bricks being made in Africa with an outer skin of polymer from recycled soft drink bottles, filled with dung or straw.
In effect, he says, the products can be used as a kind of plastics landfill, soaking up otherwise troublesome waste and converting it to something valuable. He has spent the last two years putting together a series of deals both for the use of the product and the construction of machinery to make the product. He has also been concentrating on keeping the patents as tight as possible.
Evil Knievil is a bear raider who appears on t1ps.com, a website edited by Tom Winnifrith, former presenter of Channel 4's Show Me the Money. Mr Knievil, whose real name is Simon Cawkwell, was one of the investors who was seduced by the story. He bought into the company at up to 180p.
However, adverse comments on various bulletin boards have sent the shares tumbling. On Friday they closed at 65p. Mr Knievil said on t1ps.com last week that he now holds a neutral position in the shares - but the escapade has cost him 1m.
Mr Winnifrith has also published a sell note on the company after an extended meeting last week with Mr Brooks. He says his meeting threw up as many questions as answers, and concludes: "For a lossmaking company with minimum tangible assets I cannot find any way of justifying the valuation."
3DM needs shaking up. Last year its shares were suspended after it failed to produce its 2002 accounts on time. This year's problems with adverse publicity were compounded by the lateness of the accounts again - it had only another fortnight to run before a further suspension would have been incurred.
It has only just appointed - but not yet named - a finance director. There are no non-executives, although Mr Brooks expects three to join shortly.
Yet the technology continues to attract investment interest from institutions. New Star last week bought a further 200,000 shares, taking the total in its Select Opportunities Fund to 800,000.
Patrick Evershed of New Star believes the depressed price shows that "you can benefit from the shenanigans of this character (Mr Knievil) and I hope I have done".
Gervais Williams - head of UK smaller companies at Gartmore, which has more than 500,000 shares - thinks PIM is "a viable technology with prospects to be used in many new industries". He added: "The opportunity is quite wide-ranging, whatever the short-term arguments are."
Mr Brooks is confident that the series of licensing deals he has put in place will start to generate revenues this year. They include a tipping bed for the Dodge Dakota truck, boats to be built by a company that will list on Aim later this year, and a company making water tanks in Cyprus.
The deals are multiple and complex. A stronger board, a change of auditors and more transparency should be matters of urgency. david.blackwell@ft.com David Blackwell was named Aim journalist of the year by the London Stock Exchange and accountants Baker Tilly
http://news.ft.com/servlet/ContentServer?pagename=FT.com/StoryFT/FullStory&c=StoryFT&cid=1087373137048
Janus
- 21 Jun 2004 08:31
- 50 of 51
RNS Number:9430Z
3DM Worldwide PLC
21 June 2004
3DM Worldwide plc
Suspension of trading in the Company's shares
The Directors note the recent press comment and other speculation concerning a
number of matters relating to the Company. The Board believes that it is in the
best interests of Shareholders to seek a temporary suspension of the Company's
securities pending a full response. The Company has therefore requested that
trading in its ordinary shares be suspended with immediate effect. A further
announcement will be made in due course.
This information is provided by RNS
The company news service from the London Stock Exchange
END
hlyeo98
- 13 Jul 2004 17:49
- 51 of 51
Disastrous TDM - now 65p - the price has crash since Evil Knieval advised to buy at 190p. It was suspended for some mislead information by the company. Dodgy!