tiku
- 09 Oct 2003 20:04
Does anybody know why this stock has shot up to new highs - new issue in April 2003
hokistar
- 23 Jan 2004 12:19
- 20 of 63
No worries. They'll be snapped up soon. Keeps the Market active anyway
aldwickk
- 23 Jan 2004 13:13
- 21 of 63
is there a chance that telair could make a bid for aerbox,or buy a large stake
snax
- 23 Jan 2004 16:03
- 22 of 63
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!)
kunst
- 23 Jan 2004 16:04
- 23 of 63
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!!
Martini
- 25 Jan 2004 10:46
- 24 of 63
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.
Smallchange
- 25 Jan 2004 14:32
- 25 of 63
Lets see how high this actually goes ;-))
tiku
- 26 Jan 2004 04:49
- 26 of 63
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.
Jules
- 26 Jan 2004 07:12
- 27 of 63
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 -
AdieH
- 26 Jan 2004 09:08
- 28 of 63
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?
kunst
- 26 Jan 2004 16:25
- 29 of 63
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.
aldwickk
- 26 Jan 2004 16:43
- 30 of 63
Shameless
- 27 Jan 2004 11:24
- 31 of 63
New to site, very excited by arx! this time next year I'm expected it to be well over 1.00
Andy
- 27 Jan 2004 11:46
- 32 of 63
Shameless,
Ineresting, how do you arrive at that figure please?
midknight
- 27 Jan 2004 12:41
- 33 of 63
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
Shameless
- 27 Jan 2004 12:45
- 34 of 63
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.
yorkshire T
- 27 Jan 2004 19:39
- 35 of 63
yorkshire T
- 27 Jan 2004 19:44
- 36 of 63
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.
mw
- 28 Jan 2004 10:04
- 37 of 63
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.
kunst
- 28 Jan 2004 15:56
- 38 of 63
Got a feeling that the mms caused some peoples stop losses to be triggered when they briefly dropped it to 32p or just below, it has recoverd somwhat and a largeish mm buy during the afternoon seems to indicate that buyer is in the shadows.
yorkshire T
- 28 Jan 2004 17:33
- 39 of 63
mw
to allay your concerns re marketing below is the press release that sent them up in october....new chairman has the contacts and a good idea of the market imo. 33-37p mark until the new shares hit the market on monday 2/2/04 when they will most likely dip during the profit take. plane sailing after that imo.
AeroBox plc - Directorate Change
RNS Number:3622RAeroBox plc28 October 200328 October 2003 AeroBox plc ('AeroBox' or the 'Company') Appointment of David Sebire as ChairmanAeroBox plc is pleased to announce that David Sebire has been appointed asNon-Executive Chairman of the Company. David has built a long and distinguishedcareer in numerous public companies, most recently either as Chairman or as anon-executive director. In particular he brings highly relevant experience toAeroBox as former Chairman of Bridport plc between 1993 and 1999. Bridportmanufactured cargo restraint systems and became the principal supplier to Boeingand the sole supplier to Airbus of those products.Among his other directorships, David is currently a non-executive director ofHighbury House Communications plc and Electra Kingsway VCT plc.Having guided the Company through its recent admission to AIM and acquisition,Mike Edelson is standing down from the Board now that the Company is set to moveto the next stage of its development.Commenting on the appointment, Mike Edelson, who has been Chairman of theCompany since flotation, said:'It is of great satisfaction to the board that having steered this verypromising company through its market flotation earlier this year, we have beenable to attract a long term Chairman with both a strong public companybackground and considerable experience in the aviation cargo business.'The marketing of the AeroBox container, which is currently out on trial withairlines, will be given extra impetus from David's appointment. Combined withthe industry experience of our Chief Executive, Bob Bushman, we have developed avery strong management team.'Enquiries:Mike Edelson, Chairman AeroBox plc Tel: +44 161 273 1088David Bick Holborn Tel: +44 207 929 5599David John Sebire, FCA, aged 60, holds or has held within the last five yearsthe following directorships and partnerships:Current:ControlSoft Europe LtdDeedlock LtdElectra Kingsway VCT plcEnigma Engineering LtdFlightstore Inflight Retailing LtdHighbury House Communications plcLynx Security Technology LtdMedico-Legal Consultancy plcNewater Investments LtdSecurity Engineering plcSmart Approach PLC (previously Robert H Lowe PLC)Tewkesbury Marina LtdUltra Securities (Holdings) LtdUnited Aerospace Industries LtdPast (within the last five years):Lynx Security Services LtdABC (Technology) Bath LtdD J Investments LtdResearch x-Celerator LtdWestcode Semiconductors LtdmBox Europe LtdPTS Group LimitedPTS Plumbing Trade Supplies LtdBear Industries LtdBridport plcDavid Sebire was a non-executive director of JK Smit Limited when it appointed areceiver in September 1991. - ends - This information is provided by RNS The company news service from the London Stock ExchangeEND