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

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.

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.

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

Thank you Yorkshire T

tipped today in shares mag at 39p

which mag??

closed up 10% today at 38p.

Which is nice.

ok i was premature.....delayed results for you.

7.86% at 37.25p

Any new news on Aerbox? I'm still holding this shares cause i know this company wont let me down. Is the share price going to move in long term or medium term? anybody knows?

According to shares magazine the price 36p could double in the next year. I think there is plenty of room for growth in this company.

From www.cargonewsasia.com

In the past two years the airline industry has witnessed new evolution in the ULD sector.

Around the same time that Unitpool introduced ULD management control and ULD pooling services, Aerobox started production of the newest generation of airline container. Now these two pioneering companies have come together through the signing of a marketing agreement aimed at promoting Unitpool services and Aerobox products.

Unitpool’s unique management control and ULD pooling service reduces the operating costs of airlines by using ULD assets more effectively, whilst the Aerobox ULDs overcome many of the problems associated with aluminium ULDs including damage and serviceability.

The Aerobox ULD marketing team are part of the Watermark Group, which since its inception 18 years ago has developed relationships with over 200 airlines, supplying them with over 400 different products and services. Watermark, who are based in the UK, have joined forces with Unitpool based in Switzerland in the signing of an exclusive long-term agreement.

Aerobox ULD’s Commercial Director Russ Colbourne commented “Our cooperation with Unitpool allows us to close the circle in supplying comprehensive solutions for airlines. Now we can offer Airlines an Aerobox ULD to buy outright or we can provide them with Unitpool’s complete ULD outsourcing service.”

Philip Hill, Unitpool CEO added “We are very excited about this collaboration with Watermark and Aerobox, which will greatly enhance awareness to Unitpool globally. Additionally we are very keen to support all moves to bring cost benefits to our customers, and product development to the industry, and see the new Aerobox ULDs as a very positive addition to established products. We are engaged in extensive trials of Aerobox ULDs and are experiencing very positive results”.

Unitpool now provides its ULD management control and pooling services to 20 airlines serving more than 150 stations globally.

Aerobox ULDs are currently in trials with over 15 Airlines and have now flown over 2,000 sectors resulting is zero panel damage from everyday handling.

Also - here is an extract from a post on another BB. Apparently info gained from a conversation with an insider...

"...original 15 airlines had now grown to 26 who were using the LD3s, plus Unitpools 20 client airlines (of which 17 use Unitpool boxes and 3 own their own but they are managed by Unitpool). Of these, there had been no negative feedback at all from any of them and they were now at something like 20000 flight sectors flown with nil damage and nil repair costs"

looks like it is a buy rather than a hold

Great! Thanks for the info hokistar! I'm on the right track then!

looking to add on weakness here.

All indications are for an RNS announcing more contracts

This could a big year for Aerobox. Shares would probably be nearer the 50p mark only for the extra shares issued. Hopefully the next RNS will lead to a 20% rise

looking for more than 50p!!