I think an interesting share, for long term holders. Improving fundamentals, but charts are miserable.
It may retrace to 60 before rebounding.
One to watch and I expect to improve significantly over next 3-12 mths and then more slowly,
I hold, but DYOH.
Full year profits rise at Accsys Technologies
Business Financial Newswire
Full year net profits at Accsys Technologies rose to 5.4m - up from 4.1m last time.
The firm is an environmental science and technology company whose primary focus is on the production of Accoya acetylated wood and technology licensing via its whollyowned subsidiary, Titan Wood.
Revenue for the year to the end of March rose to 31.2m from 27.3m with earnings per share up at 0.035 from 0.027.
Executive chairman Willy Paterson-Brown said> "In challenging economic circumstances we have made good progress in many areas this year.
"Our Accoya wood product continues to gain strong brand recognition on a growing international stage and we have successfully launched Tricoya, our second brand."