This sounds like a great product with loads of potential. I bought at 38p but its now around 32p,,, why???

the board is meeting today results could be out anytime

Head and shoulders forming maybe?

expect RNS @7am

reading from the results: the weight of the boxes used in the trails was higher than planned as our panel supplier increased panel weight on a crucial supply shipment. what a balls-up. will arx be getting compensation?

The company must be expecting orders for them to invest in a factory with a capacity output of 6000 to 15000 units a year. Currently they are manually made, I think it is something like 10 units a month (I stand corrected on this)

From the RNS.

" The new equipment will permit the company to move from a primarily manual system of production to a more automated mode. The new plant and equipment is expected to increase
manufacturing capacity to between 6,000 and 15,000 ULDs per annum depending upon
the number of shifts implemented. As a result unit production costs are expected
to fall significantly once panel production moves fully in house in the second
half of 2004. As well as producing ULDs, the plant will produce composite panels
for other markets such as automotive, construction and the military."

IS THIS GOOD OR BAD FOR THE SHARE PRICE?

whats everyones view on this stock? i bought at 38p and it is now around 23p.
to sell or to hold, that is the question!!

God knows, looked like a solid investment and since I bought its continued to go down and down.......

IMHO I think this will come good in the end as it sounds like an innovative product and with the lighter weight/fuel savings and higher durability I can't see why the airlines wouldn't be buying unless a competitor came in but can't see that at the minute...but that is just my opinion.

I agree Biscuit. I think they are good for the medium/long term.

Would be even better with a revolutionary process which makes plastic as hard as steel!!

Regards

Adie2001

Im sure they wait till i have bought them before they start to plummett~ bought at 38p and they are now heading towards 20p
Is there any hope??