Does anybody know why this stock has shot up to new highs - new issue in April 2003

Innobox sells partial stake in Aerobox


LONDON (AFX) - Innobox Plc said it sold 1 mln out of the 4.5 mln shares that it holds in AeroBox Plc at 34.25 pence per share.

This represents a profit of 14.25 pence per share based on the 20 pence placing price of the AeroBox shares at the time of its flotation, and a total profit of 142,500 stg less tax and commission costs.

rn

23/01/2004 08:10

No worries. They'll be snapped up soon. Keeps the Market active anyway

is there a chance that telair could make a bid for aerbox,or buy a large stake

Who knows aldwickk--small cap plc with what looks like a winning product that is anticipated to gain industry acceptance---looks tempting!! (TEIJIN - who also are in this ,I think their European base is in Holland, want to expand in the States though aquisition!)

Seymour Pierce brings out an absolute blinder of a report on ARX, cant bring it too you on this BB, but you can read it on another one!!

MAIL ON SUNDAY
Air freight business Aerobox will tomorrow announce a deal to develop temperature controlled containers that can be targeted at the pharmaceutical industry.
The deal will see American company Kelvin Technologies combine its expertise in cooling systems with Aerobox's lightweight plastic containers.
It is likely to provide a further boost to shares in Aerobox.
These rose sharply last week-up 5.3/4p to 34.1/2p valuing the firm at 29m -after it announced its first commercial sales to Aer Lingus and Virgin Atlantic.

Lets see how high this actually goes ;-))

It's going to 80p - mark my words - I started the BB on this back in Oct when the stock was 22p!! As yet 13 airlines have still to report back. Then there are new applications in other industries for eg. the pharmaceutical temperature controlled containers. This stock has great prospects.

AeroBox plc
25 January 2004


26 January 2004

Contact: Jeremy Porter, Seymour Pierce +44 207 107 8000
David Bick, Holborn +44 207 929 5599


Aerobox plc

Share placing to fund expansion
Strategic Partnership with Kelvin Technologies Inc

AeroBox plc has completed a share placing to raise 2.24 million, before
expenses, through the issue to investors of 7,000,000 new Ordinary Shares at 32p
per share. The net proceeds of the issue will be used to fund working capital
and new product development. This follows the announcement made on 21 January
that the first sales, subject to contract, of the AeroBox LD3 cargo container
had been achieved with Aer Lingus and Virgin Atlantic. The air cargo container
industry is worth around US$200m per annum. The first AeroBox product, the LD3
unit, addresses half of that market.

AeroBox has also entered into a strategic partnership with Kelvin Technologies
Inc to determine the feasibility of producing a refrigerated air cargo container
that actively controls product temperature for use by the pharmaceutical, food
and related industries.

The AeroBox LD3 cargo container is the result of a decade of research and
development into composite structure panels. The strength and thermal resistance
of these panels enables AeroBox to develop custom made packaging systems for a
wide range of applications. Kelvin Technologies is an industry leader in cold
chain product management, widely used throughout the pharmaceutical industry.

In the market for temperature sensitive products, around 7% wastage occurs due
to temperature control difficulties. The World Health Organisation estimates
that 50% of all vaccines are lost in transit due to temperature problems. The
development of a temperature controlled product would therefore represent a
significant new market for AeroBox.

Bob Bushman, Chief Executive of AeroBox, commented:

'We have increased production capacity by investing in new machinery and moving
to new facilities. The partnership with Kelvin Technologies is a timely
additional opportunity to broaden our product portfolio and reach new markets.'

Application will be made for the 7,000,000 new Ordinary Shares issued under the
Placing to be admitted to trading on AIM. Dealings are expected to commence on
30 January 2004.

- ends -

Does this mean existing share holders will be entitled to purchase more shares
at 32p each... When will this be issued to us if so?

Afriad not AdieH, its a done deal already, its a case of them raising cash for expanding the manufacturing base to deal with the extra contracts and the contracts to come etc, classic case of the company needing cash to expand and not a bad thing imo, good things to come still with this one I reckon.

New to site, very excited by arx! this time next year I'm expected it to be well over 1.00

Shameless,

Ineresting, how do you arrive at that figure please?

AeroBox raises 640,000 stg via share placing at 32p/shr


LONDON (AFX) - AeroBox PLC said it has completed an additional share placing to raise 640,000 stg, before expenses, through the issue to investors of 2 mln new shares at 32 pence per share.

The net proceeds will provide the company with additional working capital and funds for new product development, it said.

bam

27/01/2004 08:53

Done a lot of research into arx their product could save airlines a lot of money as tests have proved. Expecting an RNS about every 10 days regarding the trials with the airlines. Unitpool might be the next firm to agree to take arx's uld's. They could be 60p in the short term.

Trials suggest very low maintenance on the plastic units against the aluminium ones airlines use at present. This makes them v attractive on 2 fronts. 1. obviously lower maintenance costs. 2. 1st world airlines can flog the old containers to 3rd world airlines offsetting the cost. They are also developing a temperature controlled unit.

In already.

A lot of sales going through this a.m. near the float price of 32p. Can anyone suggest what is going on. Are the mm's short of stock - are institutional investors unloading some of their commitments - are we seing short selling?
Long term this idea looks a no brainer, provided it can be made profitably and marketed soundly.