will it ever recover to the 38p i paid for them??

I see Aerobox and Watermark have come to an agreement. The share price is well up today.

well at least one unnecessary distraction is out the way. i still maintain that this stock is only a buy once orders are placed (even if it means paying a premium to the current level).

It was interesting to note in the announcment that WMK are to recieve royalties for 6months of 4 deals. I know of the Aerlingus and Virgin deals. There was some talk of unitpool and united being keen some months ago. The statement rather implies 2 orders will be announced shortly. ARX are now in a free position and can make such announcemnts. come september when the factory opens imo this will rise nicely.

glad I averaged down at 18p

July 29

AeroBox jumped 28% to 23.75p yesterday as news broke that its legal spat with Watermark had been settled out of court. However, all is not rosy; Watermark has effectively won the dispute which will see Watermark ends up with 7 million shares in AeroBox anyway. Until AeroBox ramp up productivity to profitable levels, the legal costs already incurred must hit the companys bottom line.

http://www.lemminginvestor.com/JulyCompanyFocusUpdates.html

If vigin airlines are going to double they fleet in 5 years would that mean they will double they order with ARX, or is not that simple.

indeed, not that simple.

ARX will rise at a 45 degree angle ONLY when other orders start flowing in. at the moment conceptually this is a great stock and story but i think the smart money is on the sidelines until the order pad starts filling up. until then, sub 20 again is where i see this going.

rgds
proptrade

The new aerobox website has just come on line. more interesting than your average plastic box website (I'm sure others exist). Thought it was good, esp the investors relations and back ground market research which is nice.

www.aeroboxplc.com

the site is an improvement...

i just want to see those damn orders! does anyone have an idea what their gross margin may be when they are up and running???

Found this on the ADVFN arx thread. http://www.satco-inc.com/index.htm

ARX as got a long way to go with they web site but its a start.

It seems we have some Institutional interest in Aerobox. News out yeserday on RNS, see below folks:


AeroBox plc
29 September 2004


AEROBOX PLC
(the 'Company')

Holdings in Company

The Company was informed yesterday by George Robinson that he is interested in
7,350,000 ordinary shares in the Company. The 7,350,000 shares held represent
7.33% of the current issued share capital of the Company.

The Company was also informed yesterday that FMR Corp. and its direct and
indirect subsidiaries, and Fidelity International Limited and its direct and
indirect subsidiaries, are non-beneficially interested in 3,640,000 ordinary
shares in the Company and 200,000 ordinary shares in the Company respectively.
In aggregate the 3,840,000 shares held represent 3.83% of the current issued
share capital of the Company.

Ends.

Yup I saw that , and thought it looked a positive note. Certainly looked like they had dismissed their supposedly poor recent results( i didnt think they were poor ..i think its just early days in the business development).
Two key issues would appear to be
Did their new manufacturing plant( i think in mexico) come on line in september( as reported) which increased their output potential i believe by ten fold?
Is there any sign of an order from British Airways or follow up orders from Virgin?
They must believe they are going to land substantial new orders or the new factory capability is a waste of time!
Anyone know anything?

i saw it as well...excuse my ignorance but who is george robinson????

i am still holding out for order flow. i really like the story but need something concrete.

big seller out there....

hope something happens--i bought at 38!!

well i wish u luck. i would be a buyer on orders because i think that is the only momentum driver that would get it back to 38.
if u truely believe in this one average down a little, otherwise sit tight and hopefully i will be there to join u on the ride back to that level.

There is hopefull not a lot of downside from here. If they announce any contracts at all it will create a positive response at their current low levels of T/O.If it should be the rumoured large BA order things would get very exciting.

absolutely. my worry is that they start calling for more cash or some rubbish like that....

Its a question of how fast new orders come in and create revenue. However they do have orders to be delivered so the cash they have looks good for a while, but you cant run a company on thin air. They have the production facility and the product and are reportedly in discussions with a lot of the top air companies which they believe will bring the required revenue in 2005.I was dissaponted at the share price drop on their results. They had reported the three orders they had and it was known they had low 84000 T/O for 2003. So no surprises as they are really in a start up position.Its wait and see time i guess

alsolutely. they have been in talks with "25" ailines for 18 months with no traction. i agree that once this is adopted the shares will explode but realistically how long will this take.
what i really don't understand is that the FAA has approved the product, there are real cost savings in weight (and therefore fuel costs), and maintenace charges will go through the floor. is it really a gift horse or a niche donkey? i am sceptical because it is a no brainer product for airlines yet they are really taking their time putting the orders in.