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

that depends on whether it was overpriced at 50p I guess. Does anyone have up to date figures on what the directors own and whether they have bought or sold any recently? ta. I'm looking at a possible purchase......

Do not think there has been any director sales or transactions recently.Getting cheaper all the time.Is it worth a punt?Not sure whether to top up on YOO/FTO or go for SC./TYM/ZIM(is there someting about to happen here why mark up price with only miniscule trading?)I think all interesting cases but only so much money to go around and cant sell PET/asc/SPS/to create funds

I see that Fidelity have taken a position in the stock, along with other institutions. Any thought on this anybody??

Yea bloody good is'nt it, I sleep better at night.

Keith, any posts to add!

a muted mention in shares today,,nothing very encouraging though

i really really would love this share to perform and am holding off buying only because i want to see one serious order come in. at that point, if it proves there is a shift from aluminium cargo then this stock will fly. until then the overhang of capacity issues and potential funding requirements will just see the stock drift.

i think its a wait and watch. I liked the idea but im going cold on it

i hear you. as i have satated before if i miss the firt 20% on the back of an order who cares because husge upside. if no order comes through these guys won't survive however great the idea is.

the tide is turning....


1 December 2004

AEROBOX PLC

New Contract


Following the successful completion of trials, Saudi Arabian Airlines has placed
an initial order for 500 Aerobox AKE air cargo containers for delivery in early
2005.


Robert Bushman, Chief Executive Officer of Aerobox plc, said:

'Saudi Arabian Airlines was one of the first airlines to agree trials as a
result of the marketing joint venture with Watermark Group plc and we are
pleased that the excellent trial performance of the Aerobox has led to a
significant initial order.

The robustness and strength of the Aerobox is ideal for their intensive freight
operations and the thermal properties of AeroplazTM also give Aerobox a unique
advantage over aluminium in the Middle East.'

Very good news, methinks.
Not so much itself, though; more that it suggests that the factory is on-track and that means more larger orders can be accommodated.

Next news will probably feature the completion of factory fit-out and firmer date for start of production, or it may come at the time production has started. Then several months of high potential for further order news.
And with margins relatively high because they'll be building the boxes in-house, cash should soon start accruing.

And let's not forget that ARX has angles up and down from the regular freight boxes - temperature regulated (not just insulated) boxes, and the application of the plastic to other structures.

There has been a lot of bad news built into the price the last year, but with the WMK spat settled (and them soon to finish selling, I hope), and the placing done at 14p since when the price has visited that level, there could be rapid recovery from here.

I have bought 4 times recently from just below 15p to just above 16p; it is not one of my largest holdings - and I'm expecting it to be much larger in a years time.

I hope you are right, I bought at 38p!

What do we make of the watermark disposal and who took up the slack?

16.28PM ON A FRIDAY!! I hate these companies that post news at that time.It shows you what they think of the shareholders.

I'd say we may well see alittle blue today

That Chart is going to excite the TA crackpots.

They'll be drooling all over their anoraks

Come on
They are now taking 17.75p

Up the offer and give me my blue

any views on the price in 3 months time?? i bought at 38p!!!!!!!!