View Full Version : AJX - Textile nano-technology
AJX is developing new nano-particle technology used to create flame retardant treatments for polyester and nylon material. It is being developed in conjunction with the US Military. It has just started production runs in the US (still not fully commercial, but is being used to validate product performance) and is in negotiation with European manufacturers. Market is military, emergency, and industrial work wear.
Currently a $20m market cap, after its share price recently rocketed from 4c to 12c, but the future looks bright as it moves into commercialisation phase.
AJX is developing new nano-particle technology used to create flame retardant treatments for polyester and nylon material. It is being developed in conjunction with the US Military. It has just started production runs in the US (still not fully commercial, but is being used to validate product performance) and is in negotiation with European manufacturers. Market is military, emergency, and industrial work wear.
Currently a $20m market cap, after its share price recently rocketed from 4c to 12c, but the future looks bright as it moves into commercialisation phase.
Being a Chemical and a Materials Engineer, I am going to look over this over the coming days. Sounds like its a good technology, would be even more interested if it was an IPO (to bad I had not heard of it until now - been stuck in NZ for too long to look over the ditch)
Will let you know my thoughts once I have done my research, but would be interested to see what someones take was on the financials? We looking at any capital raising in the near future? Could be a good entry point if so.
I will do the financial analysis once I agree with the product, but some people here may do it the other way around!!
:)
POSSUM THE CAT
12-08-2013, 07:08 PM
Dej I think something similar is being used on synthetic carpets.
Not many patents currently held by the company regarding there technology;
#1
(http://patentscope.wipo.int/search/en/detail.jsf?docId=WO2010020415&recNum=1&maxRec=&office=&prevFilter=&sortOption=&queryString=&tab=PCT+Biblio)#2
(http://www.google.com/patents/EP2391457A2?cl=en&dq=inassignee:%22Alexium+Limited%22&hl=en&sa=X&ei=H5QIUvrcF4bfkgXnv4DYAg&ved=0CD0Q6AEwAQ)
To name a few... wonder how many patents are on the way given they are a company that "holds applications"
Also, recent capital raising in July, have the shares been introduced to market yet? Looks like it was/will be a 10% dilution...
http://www.asx.com.au/asxpdf/20130729/pdf/42h99bk8z5fb6x.pdf
And Possum do you have any more information about this? Seems to say that this is a nano-particle coating technology rather than just a flame retardant fabric.
POSSUM THE CAT
13-08-2013, 12:10 PM
Dej going back a good many years so memory not good It was a building requirement in some places & insurance companies wanted to know about carpets. Some if my memory serves me correctly produced toxic fumes. I was residing in the Brisbane area at the time.
Im liking this, anyone got a holding currently? Still checking financials though...
Me obviously ;) Picked it up when I went browsing through the quarterly 4C announcements, looking for companies close to commercialising their technology. There are no financials to check into, as no sales yet and still cashflow negative, hence the recent share placement. But the chart looks good with a promising uptrend in place.
However, it has been here before - share price fell from 20c in 2010 to 4c this year. They really need to get commercial orders flowing or otherwise there will be a repeat.
When I say financials I mean an array of things! I note the most recent capital raising puts some cash in the bank, and we are also covered for cash for the foreseeable future (meaning next 12 months hopefully). Directors have options above current price, but expiry date of 2015, still an incentive. Direct has been buying! 6k worth :p Dilution I previously mentioned already been accounted for.
Will place bid tomorrow, whats your buy in KW? approximately 11-12 Im thinking? Guessing I missed the boat a bit on that one, may see a dip to 12.5 though.
And yes I realize this is a risky stock, but what I really like about this is the banning of certain chemicals in FR materials that they don't use, and also the relationship they have with probably the biggest purchaser of this sort of material in the world, the US Defence force. They get it right, we are in the money. Also IP protection in the barrel, as well as other products.
Theres some quote out there about war and money, cant seem to remember it though. Strangely one of my old friends families made all their money making bullet during a war, and they still live off it now. Strange world.
http://www.asx.com.au/asxpdf/20130819/pdf/42hr6vyrrj14xg.pdf
Washability is not something many people Think about, but this is a good milestone!!
Nothing worse than washing your product once or twice and need to replace it.... May mean greater sales but less customers :-P
Little article in the WA paper today
http://au.news.yahoo.com/thewest/business/a/-/wa/19153022/alexium-verges-on-crackling-big-time/
Just the beginning of further coverage IMHO as the product gets further towards being commercial, the more news coverage and interest we will see. Exciting times!
I also note the reports out. Nothing new to my eyes apart from progress.
Any new information coming out soon that anyone knows of? Or still just product testing and 'proof of concept' work for potential customers?
This popped up on my watchlist a couple of years ago. Looks like they get something going now so I might dip my feet into this.
They are getting there...
Based on the positive outcome of the first line trial, Alexium is also starting the market introduction phase. "As part of our early product launch activities, we will be sending NycolonTM - treated fabric samples and requesting specific target fabrics and yardage from customers. We plan to demonstrate the value of NycolonTM - offering a differentiated and value-added product for customers seeking affordable and effective FR solutions for a given market,"
We just need the Defense force to take a contract and we are away laughing.
In at 15 cents. Of course would have loved to get in earlier but if this remotely follows up on its promise then it shouldn't really matter.
Looking good, imagine if we get a big contract, that will be the next big bit of news.
Exciting times ahead, would like to see 20c broken end of year just through an indication that any sales have been made, or something of the similar nature.
Tidy rise today, well towards my 20c by end of year now!
Albeit low volume..
Not exactly low volume for AJX though. But after reaching an all-time high it shows a nice breakout. Will be interesting to see the support point after the inevitable pull back.
Took a while but a nice 9.7% jump today after announcing bringing a halogen-free flame retardant treatment for nylon-cotton blends to the market. I'm eagerly awaiting the revenue announcement.
discl. hold
Took a while but a nice 9.7% jump today after announcing bringing a halogen-free flame retardant treatment for nylon-cotton blends to the market. I'm eagerly awaiting the revenue announcement.
discl. hold
Sitting about 40%-50% up on this, the revenues so far may not be something amazing given the short time span, but I am eager to see this company take off. Im sure it will, its making leaps and bounds and slowly ticking away with mainly low liquidity. Will be interesting to see if it draws back a bit tomorrow.
Could maybe see my 20c by end of year :t_up:
Joshuatree
22-11-2013, 05:55 PM
Joining you folks who still hold.Got some @16c today; feels great when you finish the first day ahead;). been watching for a while and agree potential is huge. just seems strange that no orders have come in atp and with so many positive announcements management have a spruiking flavor about them which just isn't necessary, brings a little doubt which is why i havnt leaped in too much. Exciting to be onboard , it sure won't be a boring ride one way or the other.
I'm not expecting too much on the sales front. Even their own expectations of revenue for the Duro venture is not more than 800,000. I hold this share purely as a potentital takeover target in 2-3 years.
Joshuatree
22-11-2013, 08:22 PM
Agree; thats what management are aiming for too. Just be great to get that first order and acceptance. cheers JT
Entrep
05-12-2013, 12:27 PM
Anyone have any thoughts on the recent SP movements down? Dropping like a stone. I can't see any reason?
On very low volume due to lack of announcements. I assume it's small fish getting out at all cost.
Anyone have any thoughts on the recent SP movements down? Dropping like a stone. I can't see any reason?
Been wondering the same myself.
Unless some people know something we don't…
Nothing on HC which would be the first place a hint of news would pop up on.
I have asked some of the more informed on HC what they think and will post any replies here.
Joshuatree
05-12-2013, 01:21 PM
There is a correction happening esp in small caps XSO chart (http://hfgapps.hubb.com/asxtools/Charts.aspx?asxCode=xso&compare=comp_index&indicies=0&chartType=3&pma1=0&pma2=0&volumeInd=2&vma=0&TimeFrame=D6) .
Joshuatree
17-12-2013, 12:48 PM
First sales announnced YAY:) for a trial run by a company that has tested the fire retardant qualities etc already and also does large contracts for The US army. S/P up 2.5c to 16 again.
Hmmm. Had to wait for some funds to go through first and wanted to pick some more up around 13c. I was exactly one hour too late :(
discl. hold
good to finally see it back to these levels, would like it higher though!!
Still, this is awesome progress and further validates the technology and shows it salable.
http://www.asx.com.au/asxpdf/20131217/pdf/42lnm64t41mpzc.pdf
For those who are lazy ;)
ozzie
24-12-2013, 03:01 PM
Sounds interesting. What do you think the chances are they'll do a capital raising soon though? It looks like they don't
have much cash on hand.
Joshuatree
24-12-2013, 03:06 PM
Buy a few shares and take part in it if they do do a raising.
Another sales announcement to with an UK company to be used on upholstery, home textiles & contract fabrics.
http://www.asx.com.au/asxpdf/20140106/pdf/42lzx4ypcwg685.pdf
discl. I have nearly doubled my holding at 18 cents this morning.
Bigane
09-01-2014, 12:34 PM
I bought in after the UK announcement. The recent brokers report was great as describing the tech and the potential market, but was a company sponsored report so can't place too much reliance on the optimistic valuation. Lets hope for some more sales announcements in the next half year to further validate the technology.
Upfront payments are usually small but as far as I understand "milestone" payments are made further down the track which is in line with the CEO announcing to be cash-flow positive from mid-year.
Very much looking forward to the revenue statements. They may need a cap raising but I don't think it would be a big one. I have slowly accumulated this lately for it to become my biggest ASX holding. Fingers crossed but I do believe in this company.
Aotea
29-01-2014, 10:14 AM
Definately has plenty of upside potential- especially given the number of shares on issue...have a small holding, and am pretty happy to have it in the asx 2014 comp!
Details of capital raising will be interesting. I believe a share placement is most likely.
Apparently it's a SPP at 15c for $2.5-$3M
Aotea
31-01-2014, 03:58 PM
Thanks Silu, a little cheaper than I had hoped for, but it'l provide working capital to market our products.
cheers
If 15c is the price, thats quite a discount to last closing price. Would be interesting to note they think they have to drop it that much to fill the cap-rising, I would have though you could have completed it at 16 and you would still have been oversubscribed.
Guess we will wait for the details.
The SPP details are finally released. Hope to find some funds so I can fill my boots.
http://www.asx.com.au/asxpdf/20140211/pdf/42mn8yw289j280.pdf
ozzie
11-02-2014, 04:52 PM
The SPP details are finally released. Hope to find some funds so I can fill my boots.
http://www.asx.com.au/asxpdf/20140211/pdf/42mn8yw289j280.pdf
They're only raising $1 mill - maybe you can fill the toe of one sock :)
Some good news lately coming out of this one. A little miffed that I didn't have any funds available to average down when it was between 8.4-9 cents. Currently at 15c. Baker & Young have recently updated their research on AJX and have a risk-adjusted share price target of A$0.24
http://alexiuminternational.com/updated-alexium-research-report-by-baker-and-young-stockbrokers/
Whoa, Nellie? Up to 17.5c (+29.6%) on today's announcement. The market must like the automotive industry.
http://www.asx.com.au/asxpdf/20140826/pdf/42rqzxnwhmzvzx.pdf
Joshuatree
26-08-2014, 03:08 PM
Great to be back in the black with this too. Now all we need to really go for it is areal big order from a manufacturer that has no doubt in the product and we are off to the Multibag Races. Come one and many will follow and then the takeover will arrive.
Great to be back in the black with this too. Now all we need to really go for it is areal big order from a manufacturer that has no doubt in the product and we are off to the Multibag Races. Come one and many will follow and then the takeover will arrive.
I have very lofty expectations for AJX. It is proper disruptive technology that could easily become the norm in some industries (i.e. furniture, military uniforms, cars). I'm very much overweight with this one - having taken a huge stake (for the size of my portfolio) over the last few months. I believe it to be my next 10-bagger but definetely DYOR.
I have very lofty expectations for AJX. It is proper disruptive technology that could easily become the norm in some industries (i.e. furniture, military uniforms, cars). I'm very much overweight with this one - having taken a huge stake (for the size of my portfolio) over the last few months. I believe it to be my next 10-bagger but definetely DYOR.
Havent been spending much time on these forums, more on HC because of the way my portfolio is sitting (mainly ASX), but good to see some people over here still following this puppy. I was lucky enough to average down in the recent drop, noticed it was on real small volume so wasn't anything substantial, still its always a risk but in this respect it has paid off!
Strong believer in the technology, still backing this to the bank. Speculation on HC about takeover (not now but as an exit) but I would rather see this run. This year will make this stock IMHO.
DYOR but BUY ;-)
Gavin Rezos has always maintained that being taken over is a possibility within 3 years.
http://youtu.be/TPGSoWoUzPw
Aotea
26-08-2014, 06:49 PM
have held this one for a couple of years..sp has fallen, flsuhed out a few and now is primed to rocket...about time thou!
Interesting activity over the past while, if anyone is on HC, Pintoos TA analysis is always a good update to us all.
Hopefully the beginning of something big. Some figures being thrown around on HC, but no real analysis of were they have come from (as usual) but this company does have some potential for some blue sky (multi bagger) territory.
Everyone still involved?
Still big on AJX. Several things in the pipeline that can make this a multi-bagger.
Still big on AJX. Several things in the pipeline that can make this a multi-bagger.
Agreed, although it is slow ticking.
Joshuatree
16-09-2014, 12:43 PM
Yes Pintoo is a follow the leader, blowing his own trumpet self congratulating sprooker.!Also find the re 40 announcements by the Company this year "promoting the company" disingenuous. Holding a few.
Have been out of the stock for a while for TA reasons, but have kept it on the watch list and am looking to see if the new uptrend holds, and will be back in if so. It would be nice to get some indication of the $ value of sales for FY 15 from the company as in the absence of any people can make up anything they like and post it on HC - beware any attempts to "pump and dump" a stock on HC.
Most of HC is pump and dump activity lol this forum has more substance than most of HC
I only use HC for giggles from time to time but if you look closely you do get some information you otherwise might have missed. But the sudden influx of posters when it went from 8.3c to 16c was, let's say, peculiar.
Apart from all the talk about military uniforms I often thought that the EC's desire to regulate furniture textiles to be made flame retardant was something that potentially could be huge for AJX.
I only use HC for giggles from time to time but if you look closely you do get some information you otherwise might have missed. But the sudden influx of posters when it went from 8.3c to 16c was, let's say, peculiar.
Apart from all the talk about military uniforms I often thought that the EC's desire to regulate furniture textiles to be made flame retardant was something that potentially could be huge for AJX.
I sometimes try and use activity on HC as an indicator.
When people on HC start stating that everything is Blue Sky and lots of new users start hoping into the stock and saying hello on the HC forum, I take that as a sign of weakness and that a correction will occur at some point soon. Given all the new people who are not long term holders, such as me and others on this forum, are entering, at any sign of weakness they will be looking for a exit point so fundamentally become selling pressure in the near term and limit the growth of the SP.
It can go both ways of course, if the whole blue sky mentality can stay intact these new comers and traders can force the price up further. But again, the more new comers the bigger the correction (in my opinion).
Thoughts anyone?
Aotea
19-09-2014, 05:52 PM
my view is the SP now reflects what it should be, and the increase is merely a correction of where the company is at, and the potential of the future. I bought in at 17c, so nice to be back, rather tha 50% down, and am confident of the blue skies to come...
The downtrend is broken, chart looks good, and the price has held up over the last few weeks when the market was correcting. They are gaining commercial traction, but still not much news on actual $ revenues. Quarterly will be interesting.
The whole DoD development is still only a flicker in the managements eye but it could be a kick up the SP needs. I know it's midterms so politicians like to get their faces out but getting a visit from Lindsey Graham can't be scoffed at.
Joshuatree
28-10-2014, 10:33 AM
Yeah well heres hoping something concrete /tangible happens soon.Management have been dangling so many spruiking carrots in front of us all year so I'm not holding my breath or chewing carrots :)
Still holding - still overweight and bullish on this one. So far they have delivered what they promised. Not too fussed about revenues as yet.
I am sure that this puppy is getting taken over in 2-3 years time. In the meantime I'm enjoying the run and long may it continue. I'm very overweight on this so every 1c increase does wonders to my total portfolio :)
What a day. Huge Volume. +35.1% and the day is not finished. Super happy obviously :) :)
Joshuatree
07-11-2014, 06:53 PM
http://youtu.be/MuvUaFp_qMQ
Was great, sold half today, hot and spicy :)
Aotea
07-11-2014, 07:31 PM
about time though...the drop to 13-14c whatever it was certainly surprised me..great to see things taking off- huge potential am very excited!
tosspot
12-11-2014, 12:19 PM
Im glad I bought in last week. This is in for a serious re-rate. As soon as Big instos get involved, they tend not to let the price sink or sit for a while.
Partnership with EAS
http://www.asx.com.au/asxpdf/20141112/pdf/42tnhdh8wmvhg0.pdf
Great news. As far as I know they need a MC of min $250m to list in the US which would make this a 10-bagger for me ;)
But again - who exactly is Eddie Sugar? What's the inside goss on the man?
Great news. As far as I know they need a MC of min $250m to list in the US which would make this a 10-bagger for me ;)
But again - who exactly is Eddie Sugar? What's the inside goss on the man?
Just doubled my money when it hit 28c! :) :) But I'm in no hurry to sell any. In my view this is worth well over 1$.
tosspot
12-11-2014, 01:17 PM
Great news. As far as I know they need a MC of min $250m to list in the US which would make this a 10-bagger for me ;)
But again - who exactly is Eddie Sugar? What's the inside goss on the man?
He was the one who sparked up the run for LNG and FMG back in the day.
samoooli
18-11-2014, 05:21 PM
Anyone topped up..?
Got another small parcel at 27c making my avg cost price about 15.89c. Pretty happy holder but if chips fall into place who knows how far this can go.
tosspot
19-11-2014, 04:19 PM
There is going to be some very serious volatility to this one, but I can be pretty sure with all the positives going on.
DOD contracts, other contracts, EAS advisers on board.
This thing is only just beginning its re-rate. and very quickly.
wont be as big as LNG but very similar style I feel.
If DoD comes through watch out. If not it's still a great company but will drop and price could be volatile. I'm in for the long run. I have researched this company thoroughly and just love their technology & sales strategy.
I still believe that they can be a $300m+ company if managed right.
Joshuatree
19-11-2014, 10:30 PM
If the products are so good why on earth would you need Eddie spruiker Sugar? Until some meaningful contracts come i wouldn't get carried away.
Legislation for the use of non-toxic flame retardants is also in the pipeline for the EU. But the US legislative branch seems to get there quicker and we all know that often the US leads and the rest of the world follows.
discl. happy holder :)
There is so much to read between the lines in the last announcement. I am certain that AJX would not promote its visits to Washington DC (which happens frequently but often fruitless for most) without having clear indication of where they are standing. However, the moment politicians are involved nothing is certain until it becomes law so better DYOR.
"Alexium's CEO and executive director, Nicholas Clark, has now travelled to Washington, DC, to educate legislators and regulators that its flame retardant treatment can be applied to consumer products without toxins. This new market provides significant revenue potential in addition to the military applications."
Lots of the latest developments in one article:
http://www.proactiveinvestors.com.au/companies/news/59143/alexium-internationals-ceo-nicholas-clark-meets-key-washington-legislators-59143.html
tosspot
02-12-2014, 04:40 PM
The gift that keeps on giving. Up to 40c now and plenty more to go. US hedge funds are robbing aussie traders blind here.
Yes pretty happy. Especially all the shares I sold to buy more AJX are all trading below my sell price whilst AJX just skyrocketed.
Its back on the most discussed hotcopper list, so don't get too excited about AJX staying at these levels. While there might be an announcement around the corner to support the price, it is equally likely that its HC (and other) hype pushing the price beyond fair value for the company at this stage. Think XRO, PEB etc. Have your finger on the exit button - cross your other fingers and hope you dont have to push it :confused:
After having spent almost all of 2013 only talking to a handful of investors this has certainly attracted some interest lately. Short term the share price could pull back but I still believe that this is a 250m+ company (current MC 87.9m)
tosspot
02-12-2014, 05:34 PM
Its back on the most discussed hotcopper list, so don't get too excited about AJX staying at these levels. While there might be an announcement around the corner to support the price, it is equally likely that its HC (and other) hype pushing the price beyond fair value for the company at this stage. Think XRO, PEB etc. Have your finger on the exit button - cross your other fingers and hope you dont have to push it :confused:
yes ill definitely be keeping a watch from a change in tune, but with the current momentum and pipeline, it would be naive to think this is the top.
and considering the type of funds buying in generally where there is quality buying such as LNG, as massive re-rate occurs.
I mean sure if the money doesnt start flowing it will sink back down to 20c like TON, but even so runs like these last a couple of months, not days
tosspot
08-12-2014, 03:37 PM
You would be right. Up another 12% today. No new news. Been waiting for a pull back to top up - fat chance. (of course, now that I've said that the price will plummet LOL)
And I should of stuck to my guns, was stopped out late last week. seething now.
Well financially 2014 will be my best year ever thanks to AJX. In a Trading Halt at the moment after closing on an all-time high. Whatever the news it will be good as Gavin has mentioned in the last newsletter that there will be exciting news coming before year end. Most likely a new sizeable contract or an unsolicited takeover offer. But I think the former.
Aotea
08-12-2014, 07:02 PM
Good studd Silu. AJX has been my best performer in what has been an average year.
Bought in at 13c and loving the anticipation now..can only see the TH as positive!!
Think its a sizable contract.
Yes it will be about contracts as just confirmed. Hope it's not a "buy on rumour, sell on fact" situation.
samoooli
08-12-2014, 08:22 PM
In accordance with Listing Rule 17.1, the Company requests an immediate trading halt in respect of its securities. The trading halt is requested pending an announcement concerning contracts. The Company requests that the trading halt remains in place until the earlier of the commencement of trading on Wednesday 10 December 2014, or such time as the Company is able to make an announcement regarding the transaction. The Company is not aware of any reason why the halt should not be granted.
baller18
09-12-2014, 10:06 AM
Will it be too late to get on board on Wednesday? I am quite put off by growth stocks at the moment, as they are so hard to value.
However, the ann released says contractS, so does this make AJX easier to value and puts a base to the the SP?
tosspot
09-12-2014, 10:28 AM
I wouldnt buy on open, but seee how it goes.
absolutely spewing I got stopped out a few days ago.
I wouldn't buy on open either. Lots of traders in this at the moment who will look to sell out after Trading Halt lifts. There might be a small pull back but at the end it all depends on the contract announcement.
baller18
09-12-2014, 12:27 PM
Thanks guys! Much appreciated!!
FWIW my target price for AJX within the next 6 months is $1.15 based on revenue projections.
Actually a little bit excited about today.
Alexium to Commence Contract Work with US Military
Potential of 10-16 million USD revenue/year.
And now I watch...
Well, technically its a payment of $50k to participate in a trial. Actual contracts won't be announced until February, so nothing is guaranteed at this stage.
Akshully pretty relaxed about it.
samoooli
10-12-2014, 02:33 PM
Its not how you start its how you finish right? ;)
Downturn this morning was always going to happen with Traders sitting on +3 after the halt.
baller18
10-12-2014, 03:50 PM
Mind boggling me when to enter!!! Expecting a pullback, but who knows!!!
Aotea
10-12-2014, 04:13 PM
this is a 2-3 year project from here, not overnight after a TH...have no worries at all and very bouyed by the announcement to be fair.
this is a 2-3 year project from here, not overnight after a TH...have no worries at all and very bouyed by the announcement to be fair.
You took the words out of my mouth. In it for the long run unless the story changes drastically.
Finished on an all-time high of 51c. Up a net 220% so obviously stoked. As I said before revenues or huge contracts do not concern me as yet. But I do pay close attention as to how they build up their board and make the right connections. Seems their Washington connections have already paid off. Judging by the language there shouldn't be too many hurdles.
Great little announcement today. Makes my Christmas a little brighter.
Joshuatree
22-12-2014, 01:00 PM
Im a believer when i hear the money hitting the tin; not smiling till then
:scared:
or I've taken profits out;)
Im a believer when i hear the money hitting the tin; not smiling till then
:scared:
or I've taken profits out;)
I've sold a quarter of my holding so I'm on a free ride.
http://youtu.be/nIBOG8BRcdY
Joshuatree
22-12-2014, 03:09 PM
lol thats reeelling in the years silu, late 60'S?. waaay to go to ,free carry, I'm not far off.
myself.
Maximas merrimas
Aotea
22-12-2014, 04:40 PM
Top notch effort, am primed to become free carried but see too much upside in the short term. If this stock isn't in your five for the asx2015 comp, you're on drugs. This year will be huge for ajx
Joshuatree
23-12-2014, 12:39 PM
Yeh yeah maybe.Next we will be hearing that now Obama has signed off the defense authorisation act he will also autograph AJX shareholders flame proofed hallensteins T shirts:p
Aotea
23-12-2014, 03:53 PM
I doubt even ajx could flameproof a hallensteins t-shirt..
QUOTE=Joshuatree;523683]Yeh yeah maybe.Next we will be hearing that now Obama has signed off the defense authorisation act he will also autograph AJX shareholders flame proofed hallensteins T shirts:p[/QUOTE]
Joshuatree
05-01-2015, 05:00 PM
Hey I've bought at least 6 tshirts (printed all over)from hallys this summer from $10 to $20 best designs ever and I'm 60!.:scared::t_up:
GRRrrr! s/p just keeps going up at the mo 54c.They owe me re 9c (without checking back).Really offensive returns here, anyone else padlocked onto this overspruiked stink bomb.?
Joshuatree
06-01-2015, 01:01 PM
KW the more i down ramp it the more it goes up = a winning formula:sleep:
64c today;all froth and no beer; no announcements of contracts; its got along way to fall; to go flat.
HC are all over it like flies on sh*t. Contemplating selling with the view to re-entry later, but you run the risk of being out when a contract announcement is made. Will keep an eye on it - fully expecting a pull back at some stage. Things dont run this hard forever.
Ah yes, the good old HC pump! Could be a "buy the rumour, sell the fact" rally"?
Aotea
06-01-2015, 07:18 PM
I'm personally more inclined to see a contract with the DoD coming in the near future worth significant dollars for a number of years. AJX were offered the chance to prove thier product which exceeded all expectations. Then the US govt signed off the bill to provide the funds for the uniform upgrades. To me, the price increase represents a costing in of those contracts which are looking pretty promising...have picked these guys this year in the comp, and did so with last years comp- it was the only thing that saved my bacon into 9th place. Am expecting Alexium to be a market darling in 2015. Happy to hear others view, but I have a decent holding and have done so since 13c, so feeling pretty cosy with it to be fair...
samoooli
19-01-2015, 11:32 AM
Bink - Trading Halt relating to contract..
Lets hope its substantial, a number of different entities this could be with.
And how much I wonder is priced in already..
Nonetheless, exciting times ahead no doubt!
I've just been on a 3 week Europe trip paid for by AJX. Still holding a nice big parcel so I'm still very excited about contract announcements. Seems to shoot past my target prices several months ahead but I'm not complaining.
Joshuatree
19-01-2015, 12:34 PM
Was selling another portion off; cancelled that today.
NZSilver
21-01-2015, 10:43 AM
Was thinking of picking a few up - now contracts away its more de-risked. Anyone calculated a fair value for this stock. Lots of HC hype around it which puts me off.
I have a target price of 94cents by 2015 and $1.50 by 2016 if that helps. Why? I believe that this company could be worth a $250m MC first and then go on to be a ten bagger for me. As always DYOR.
Aotea
21-01-2015, 11:18 AM
4$ by the end of 2017 :)
Lots of HC hype around it which puts me off.
As it should! A $1.5M contract with an mCap of $170M? You have to be joking me. This thing is priced to perfection and beyond.
I've noted that these Hot Copper pumps/bubbles usually last 3-4 months. AJX is currently in its 3rd month. I'd expect a top out around the 80-85 cent area before momo boys get tired and start selling out. The newsflow is complete now, so not much left to go on with everyhting out in the open.
You've missed the vats majority of the meat on this one. I'd let it be and research other stocks until it settles back in the realm of reality ;)
As it should! A $1.5M contract with an mCap of $170M? You have to be joking me. This thing is priced to perfection and beyond.
I've noted that these Hot Copper pumps/bubbles usually last 3-4 months. AJX is currently in its 3rd month. I'd expect a top out around the 80-85 cent area before momo boys get tired and start selling out. The newsflow is complete now, so not much left to go on with everyhting out in the open.
You've missed the vats majority of the meat on this one. I'd let it be and research other stocks until it settles back in the realm of reality ;)
I don't like the HC hype either but with all the things in the pipeline the $1.5m contrast is only just the beginning. The technology is there, the management is there, the contacts are there. It all just has to come together and contracts have to come to fruition. So there is definetely an element of risk. I understand AJX's model way better than most biotechs. Why for example PEB.NZX is trading so high I will not understand.
I don't like the HC hype either but with all the things in the pipeline the $1.5m contrast is only just the beginning. The technology is there, the management is there, the contacts are there. It all just has to come together and contracts have to come to fruition. So there is definetely an element of risk. I understand AJX's model way better than most biotechs. Why for example PEB.NZX is trading so high I will not understand.
All very relevant if you're holding from below 20 cents. But it's a massively different game up here in the stratosphere! Horses for courses and all ;)
Aotea
21-01-2015, 03:50 PM
feeling pretty bloody good given a 13c buy-in..
feeling pretty bloody good given a 13c buy-in..
I've bought up and down after I first purchased at 15c. Avg price of 15.894 cents now. Well done to all early adopters.
Aotea
21-01-2015, 05:39 PM
I've bought up and down after I first purchased at 15c. Avg price of 15.894 cents now. Well done to all early adopters.
top notch Silu!!
A great future with phat profits to come
I've noted that these Hot Copper pumps/bubbles usually last 3-4 months. AJX is currently in its 3rd month. I'd expect a top out around the 80-85 cent area before momo boys get tired and start selling out. The newsflow is complete now, so not much left to go on with everyhting out in the open.
Wow, this pretty much touched 80 then decided to die! Testing the MA30 today and if it doesn't hold then I'd expect a further decline down to test the 50-55 (psych support).
You've missed the vast majority of the meat on this one. I'd let it be and research other stocks until it settles back in the realm of reality ;)
My two cents is still valid! Still vastly overvalued ;)
NZSilver
04-02-2015, 01:52 PM
Wow, this pretty much touched 80 then decided to die! Testing the MA30 today and if it doesn't hold then I'd expect a further decline down to test the 50-55 (psych support).
My two cents is still valid! Still vastly overvalued ;)
Yep - heavily reliant on news feed for SP to continue to increase, otherwise im sure it will come back to earth. Will keep a close eye - been watching for yonks but never bought - hindsight...
Aotea
04-02-2015, 05:59 PM
Nothing to sweat over folks...every gannet jumped in expecting a quick profit, and it settled. they will flee and the loyal holders will sit back and wait for the next leg up to a dollar. Am feeling pretty confident in this outcome..but again only speculation
Nothing to sweat over folks...every gannet jumped in expecting a quick profit, and it settled. they will flee and the loyal holders will sit back and wait for the next leg up to a dollar. Am feeling pretty confident in this outcome..but again only speculation
Heard exactly the same thing on TON... and KNL... and TNG... and PYL... and and and...
At least these guys have SOME revenue coming in compared to the others!
Aotea
04-02-2015, 06:37 PM
Heard exactly the same thing on TON... and KNL... and TNG... and PYL... and and and...
At least these guys have SOME revenue coming in compared to the others!
BFG, while off topic, its beyond me why anyone is in TON when Talga is better..and Mozambique verses Sweden the worlds most mining friendly country??
A no brainer to me..
No need to worry about the price in AJX..just a re-trace to have a breather. It'l be a dollar in no time, and hey it has to drop to 13c before I break even lol.
BFG, while off topic, its beyond me why anyone is in TON when Talga is better..and Mozambique verses Sweden the worlds most mining friendly country??
A no brainer to me..
No need to worry about the price in AJX..just a re-trace to have a breather. It'l be a dollar in no time, and hey it has to drop to 13c before I break even lol.
True. I at least have more faith that this one won't utterly deflate unlike the others I mentioned. I hope they sign up massive contracts and make you a very rich man in the 10-20 bagger range :D
Have you seen the PYL saga playing out? WOW! That's in a league if it's own, better than Coro Street meets Shortie Street final season ever :p
On current revenue definetely overvalued. But with disruptive technology it is future potential earnings and then solid contracts we are looking at. Is XRO.NZ really a $2b company on current earnings? Or PEB.NZ? The macro enviroment for AJX is changing. Several countries including the EU are fixing to ban brominated flame retardents and AJX has the technology to fill that gap. The big question is whether AJX can secure a big pie of this new market.
discl. hold AJX
ekman
05-02-2015, 05:59 PM
extract from todays news letter
quote "An important focus for 2015 is to secure Alexium’s intellectual property, which we will do by placing patents
on key aspects of our technology. At this time, two patent applications are being put in place. One patent will
focus on a new flame retardant product, and the second will be for a specific class of flame retardant fabric that
Alexium has developed" unquote.
Does this mean that Alexium at present has no patent protection covering their products?
samoooli
13-02-2015, 11:39 AM
Some recent coverage on Sky News from Gavin Rezos - Chairman & President
http://www.skynews.com.au/video/finance/2015/02/12/alexium-product-in-demand.html
Joshuatree
13-02-2015, 01:10 PM
Sold my second lot @ 69 holding re third of my original holding. Been a fab run and if it runs away ;salavie .
Sold my second lot @ 69 holding re third of my original holding. Been a fab run and if it runs away ;salavie .
Good on ya! I am on a free ride after having taken out some profit but I still hold about 25k to see if it can become my second ever ten-bagger. If not - celery ;)
samoooli
10-03-2015, 01:33 PM
New broker report out for AJX - via fosters (same broker that worked with LNG) http://www.fostock.com.au/LiteratureRetrieve.aspx?ID=187865
Target Price - $1.10
Westboy
12-03-2015, 06:45 AM
Seriously how can a business go from zero revenue to $55M revenue in one year with net tangible assets of $2M. It's impossible!!! That report is bordering on being criminal IMHO
Westboy
12-03-2015, 07:00 AM
Don't get me wrong I a not saying they won't do $55M revenue in 2016. They may well do that, (They probably wont though) who knows, but to achieve that they would need to raise around $70-$100M in capital to do so, the EPS figure is what is bordering on being criminal IMHO!
Joshuatree
12-03-2015, 09:59 AM
Why would they need to raise that much Westboy. They will simply supply raw materials (chemicals) to a third party service provider. No manufacturing at all.
Westboy
12-03-2015, 05:21 PM
$55 Million in revenue will require working capital investment in debtors and stock at the various least and presumably these chemicals are not conjured by a magician so production facilities for chemicals will be required to support $55M in revenue!. The above figure is my guess. It could be higher it could be lower but the point is a much larger capital base than $2M net tangible assets will be required to support the figures in the analyst report. Hence the EPS figures stated in the report are bordering on being criminal!
Joshuatree
30-04-2015, 11:55 AM
Don't get me wrong I a not saying they won't do $55M revenue in 2016. They may well do that, (They probably wont though) who knows, but to achieve that they would need to raise around $70-$100M in capital to do so, the EPS figure is what is bordering on being criminal IMHO!
Well a cap raise when many weren't expecting it. I Put my third quarter of shares on the mkt a few days back @ re 74c but just missed.
The announcements and hype were sending warning signals.
Don't get me wrong I a not saying they won't do $55M revenue in 2016. They may well do that, (They probably wont though) who knows, but to achieve that they would need to raise around $70-$100M in capital to do so, the EPS figure is what is bordering on being criminal IMHO!
Trading Halt. Good news? Capital Raise. There we go.
Joshuatree
04-05-2015, 12:19 PM
Good news for believers for sure.Im a reluctant one.:mad ;:.
US$6.67 million raised @ AU$0.65c.
But look at the threshold/hurdle for 6 for 10 warrants. 75c with a 3 year exercise period!!!!. Thats offensive for such a high growth stock where "the sky is the limit"
The rich will get richer.
Joshuatree
06-05-2015, 03:59 PM
The more announcements; 13 in the last month!!! the lower the price is dropping. How things have changed.
Does anyone know if AJX stock would be taxable under FIF? Does this mean 5% of the total value would be classed as taxable income per year?
Joshuatree
01-06-2015, 05:43 PM
Grrr! up 17% today on news of another client. Love hating (and holding ) this stock:scared:
It has quadruple topped and hit its 200 day MA, so I would not be surprised if todays rally doesnt hold. Its market cap is $131m so rather expensive considering its forecast $10m in revenues. Its great to see the commercial contracts flowing in, but the market reconciliation between a hyped up share price and reality can be brutal. I am watching with great interest for an entry point - although in the current market climate one might be best advised to buy nothing.
Now it has a forecast of around $30-$50 million, not to bad for 150ish market cap.
Double free carried my holding at 72c, won't touch my holding until we fail the military contract or something similar.
My top exit point will be set based upon sales traction over the coming year, when I think they have saturated sales as a company, and if they are not paying a dividend, I will start unfolding my holding. I don't expect this to happen in the near term though.
Sorry for long leave of absence, I find myself spending more time on HC these days.
Good to see your still around KW, albeit not in AJX.
Joshuatree
18-06-2015, 08:55 PM
Pretty addictive some of those Spruikers hey Dej:) good to see you back. The more talk re Aus stocks here,the better.
Im changing from a reluctant believer to realist believer here with AJX; hell may even buy some back(lower than my exit price). Happy holding ; at last.
duncan22
18-06-2015, 09:41 PM
i've been watching the ajx action over the last few days with great interest, as its finally back over its 50 day ma but the volume is not as strong as i would like it to be in order to be convinced that its got its mojo back and a new uptrend is under way. Again, with the current overall market trend being negative, the rally could fizzle out.
I'm currently running hot with a couple of other small cap stocks that are defying the negative market direction, so strong momentum is still on offer in the market - will wait a bit to see if ajx is one of them.
Ps. Yes joshuatree, another 2 secret stocks :cool: If you can guess what they are i'll tell you if you are right :d
here's a clue, like jhx they are both at all time highs this week :t_up:
yow & cmp?
Pretty addictive some of those Spruikers hey Dej:) good to see you back. The more talk re Aus stocks here,the better.
Im changing from a reluctant believer to realist believer here with AJX; hell may even buy some back(lower than my exit price). Happy holding ; at last.
Good to be back, the ST threads are actually made up of good conversation. Whats also cool is lots of you guys still probably remember sparky! Is moosie still around?
HC is a place full of liars, basically. You must have the following to be on HC;
- Many luxury cars
- All your weekly trades must return over six figures
- You must always be holding a stock since its lows if its rallying
- You must be in contact with the CEO on a regular basis
- You must elude to knowing insider information on a regular basis
- Every price movement that isn't in the direction you want it to go is manipulation by bots
The reality is, most people there work full time and do this on their breaks. They trade under $5k parcels for modest profits, but generally miss the boat and buy on uptrends and get caught on reversals (generally making reversals so much more painful for the rest of us). They also know no more than you and I. Strangely enough, I actually did ring the CEO of AJX (Nick Clark) after invitation from an email. It was the first time I had ever spoken to him, but was on a question I had relating to the ADRs that are listed on the OTC, and he said he doesn't get that many phone calls from retail shareholders. That goes completely against what everyone says on HC, basically saying they speak to him on a weekly basis, then tout about all this information he supposedly told them.
Anyways, I digress.
I think I slightly differ from you KW in that USUALLY I have most stocks on a longer investment horizon -- although I think you probably have long term investments too. Something we share, though, is types of companies we invest in. Lots of money to be made in ASX at the moment. My inner trader has come out with the backdoor listing frenzy on at the moment. I traded AZK on a daily basis until some punter decided it was worth more than 40 cents. I have a strategy of black listing stocks I think are exuberant, and I did that on anything over 40c with AZK. Safe to say that was reasonably clever.
My watch list includes;
- ZIP
- ESI
- SPZ
- AHZ
- LWP
- NEU
I hold a few of them. I think ESI and ZIP have the most near term gains, although ZIPs chart now looks lacking.
Man I get off topic often.
Go AJX. :eek2:
Joshuatree
18-06-2015, 11:25 PM
Cheers thanks Dej. Ive owned NEU for a long time but finally sold near the top re 16-17c and will buy back in soon; lots of progress reports(don't ask me to be specific) in the 2nd half of the year. Novogen NRT is the only bio i hold atm ; worth a look. I too do a small amount of trading now some i hold for a week some i still have a year later because I'm convinced they willswing up.. Fintech stocks are the hot sexy place to be imo atm. CM8 i made a quick 20 plus % on recently. Its more who i know rather then deep research.There are a few H/C posters who i will forever be grateful for and with whom I've made good friendships with but 99.75% have other agendas.
....but 99.75% have other agendas.
We all have an agenda, its just some agendas are to try manipulate weak handed retailers by posting information on public forums.
Will have a look in to what you said. I am quite involved in the entrepreneur/startup space and at the moment a lot of what venture + angel investors are looking for is medtech stocks. I expect a spattering of these to appear sometime in the future on either the ASX or NZX.
alistar_mid
11-08-2015, 03:50 PM
I put stocks in one of three portfolios - dividend income stocks (very long term), high growth (long term subject to performance) and speculative (short term but still several months holding period). All the small cap, non-profitable stocks are in the short term portfolio mainly because they always get over hyped, and always have large pullbacks and long consolidation periods. I just dont want to be invested in them during that time. Easier to take your profits and put it into something else, then come back to the stock later when a new uptrend takes off. AHZ for instance - its been a long time since its 16c high. AJX lost 47% from its high of 84c to its recent low. All the short term stocks were picked based on fundamentals, so I fully expect to come back to them at some point. Its just a question of timing.
back above 80c, I $ cost averaged in at 51.c. sold half at +20%. Was gonna hold the other half long term, but not so sure... this could go far
Still holding - sitting at +400%. I'll ride the wave at the moment until the share price settles again and then might sell half of it. Still convinced that their technology could become the industry norm in the future but I don't have the slightest idea what their competitors are up to.
Joshuatree
12-08-2015, 10:39 AM
New s/p high , 84c since newsletter and purchase order.Vol picking up .
Joshuatree
17-08-2015, 12:27 PM
Egads nearly $1!! and a great chart albeit vol not great.
Aotea
17-08-2015, 12:28 PM
Alexium about to break through $1..what a ride and few shares up for sale.
Have a substantial holding since 0.13 on this one and see AJX technology being worldwide in 12-18 months.
AJX now up to being nearly 40% of my portfolio and I should seriously think of selling some to weigh the portfolio a little better. But now is not the time to sell it seems. Looking for a new high every day at the moment.
Very happy holder +500% :)
Aotea
17-08-2015, 12:37 PM
Great stuff Silu..looking at the sell side, there are buggerall.
I would be holding tight, no reason to expect a retrace given the breadth of positive announcements
well done
Aotea
17-08-2015, 12:37 PM
and there is 1$ hit..
No don't, I did that when PRO and BAL got too big in my portfolio, and it was the stupidest thing I did this year as both went on to make massive gains. Broke the cardinal rules of (a) selling when there is no exit signal being sent, and (b) not letting my profits run. So as tempting as it may seem - if the stock is in a strong uptrend then let it ride.
Thanks for the tip KW and I don't plan to sell anytime soon. Personally I have a target in mind (ten bagger so I need $1.51) but the story is imo just starting to get told.
Aotea
18-08-2015, 12:05 PM
Thanks for the tip KW and I don't plan to sell anytime soon. Personally I have a target in mind (ten bagger so I need $1.51) but the story is imo just starting to get told.
My target is to sell half my holdings at $4. The end-point for AJX is hard to imagine given the US listing and the americans ability to see potential value and buy in with huge volumes, which isnt so frequent on the ASX, and esp with my poor miinng stocks.
The value of this company is very challening to define...but $1.51 is understating it in my view.
The value of this company is very challening to define...but $1.51 is understating it in my view.
This is my short term target. I have every reason to believe that this is a billion dollar company in the long run.
Thanks for the tip KW and I don't plan to sell anytime soon. Personally I have a target in mind (ten bagger so I need $1.51) but the story is imo just starting to get told.
Mine is $1.47.
Agreed though, potential for a billion dollar company. I am staying to see the US listing through. Personally think this could eventually turn into a divvie yielding company given the low cost structure of the company. They could eventually become very cash heavy the way things are going = redistribution to holders. Share buyback, divvies, whatever. When this is valued a billion dollars, it will be paying a dividend.
Given Gavin and Nicks holding in the company being reasonably high as well, I can imagine they wouldn't mind a surplus income to their conventional paydays as well.
Go team and good to see that a lot of the long termers are still around!
I always have to laugh when I go to the HC board. If this really hits $10 and pays divvies then I might be able to pull off my dream of retiring before I'm 50 (albeit on quite a tight budget).
Joshuatree
18-09-2015, 03:55 PM
Suddenly shot up 11.5% to re$1.015
Fuzzy Dunlop
20-09-2015, 12:10 PM
Possibly from the Fed's decision mitigating and perceived uncertainty as to a US listing this year, although trying to rationalise AJX's swings is not good for your mental health.
Joshuatree
22-10-2015, 12:18 PM
think it was a new contract announcement.Since then s/p tracked down and sideways to re 94c . .Trading halt atm re new contract.Must be a biggy.
think it was a new contract announcement.Since then s/p tracked down and sideways to re 94c . .Trading halt atm re new contract.Must be a biggy.
Genuinely anxious/excited about this.
Joshuatree
26-10-2015, 10:55 PM
Here it is PDF (http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01676177)
U.S Dept of Defense selects Alexium as key partner for new Fire retardant Uniform fabric.
S/P now $1.04 mkt cap re $288 million
Joshuatree
05-11-2015, 04:20 PM
Looking weak atm despite filing for the process to start for listing ADR's on the Nasdaq. Lots of uncertainty and resolve and bickering going on elsewhere. looks like testing a crucial price point re -90c .Manipulation etc looks the norm here.
Joshuatree
05-11-2015, 04:20 PM
Looking weak atm despite filing for the process to start for listing ADR's on the Nasdaq. Lots of uncertainty and resolve and bickering going on elsewhere. looks like testing a crucial price point re -90c .Manipulation etc looks the norm here.
Joshuatree
16-11-2015, 05:01 PM
2 videos and another sale announcement but s/p whittling away as you say. Tried to post the vids and announcement but you will have to find them yore selffFy.
2 videos and another sale announcement but s/p whittling away as you say. Tried to post the vids and announcement but you will have to find them yore selffFy.
Buying opportunity in my books.
Hold strong, but I suppose that is easier said than done if you havent been holding for ages. Given I have held since 2013 I am not really that phased at the moment. I made a commitment to see the US listing through, so thats what I will do. To me, all these announcements, are only adding value. The market is just caging about there immediate future and how big of a splash they will make in the US (which albeit could go both ways).
We will see! Im sticking around.
Bigane
21-11-2015, 05:24 PM
I wonder if the hugely unsuccessful US listing of Mesoblast this week has spooked a few investors. If there is a big fall, then I'm back in, otherwise I think that previous posters are right about AJX tracking sideways for the next wee while
Joshuatree
02-12-2015, 02:58 PM
Download Document (http://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvTUMP4g y7pmGMuJlJ2%2Fk%3D) Shareholder newsletter for unbelievers and us:)
alistar_mid
22-03-2016, 03:49 PM
so wheres AJX at now?
Aotea
22-03-2016, 07:39 PM
so wheres AJX at now?
um..up from my 13.5c buy in price.
hows yours?
alistar_mid
23-03-2016, 12:32 PM
um..up from my 13.5c buy in price.
hows yours?
got in at average of 55c, sold half at 63c half at 83c
was just wondering if all those predictions of $1+ still hold and if people see it as value now that the price has fluctuated back down
got in at average of 55c, sold half at 63c half at 83c
was just wondering if all those predictions of $1+ still hold and if people see it as value now that the price has fluctuated back down
avg price of 15.894c for me after some buying and selling. By a wide margin my largest investment (based on value not cost). All depends on competitor product which is not often discussed and traction in industries that require their technology. If blue skies arrive I see no issue on being this closer to $3 but always a big IF.
FYI - new research report from Moelis (price target $1.20)
http://alexiuminternational.com/investors/investor-research/
FYI - CR of $5 million at 62c
http://www.afr.com/street-talk/alexium-international-seeks-fresh-funds-hires-moelis-20160412-go4z61
Trigger
14-04-2016, 01:57 PM
Yes, a 10% discount to market. Given the history of the last few months it will take some really positive outcomes or guidance to give the current SP some forward momentum. I am prepared to wait and see what develops in the next 6 months.
Joshuatree
14-04-2016, 02:40 PM
Im not having Insto envy but why don't they escrow the shares?.Otherwise the Instos will do what they do sell down and take their profits; create an overhang suppress the s/p . Money for Jam for them.:scared:
Trigger
14-04-2016, 04:30 PM
Im not having Insto envy but why don't they escrow the shares?.Otherwise the Instos will do what they do sell down and take their profits; create an overhang suppress the s/p . Money for Jam for them.:scared:
Yeah, I tend to agree. It seems kind of odd after their previous experience of same. EMC just nailed it with their approach. :t_up:
Rawiri
27-05-2016, 12:56 PM
decent run up this week from .57c to intraday high of .80c today :t_up:
Trigger
28-05-2016, 04:13 AM
decent run up this week from .57c to intraday high of .80c today :t_up:
Hopefully this means the bottom is in and we are finally on our way again Rawiri. One decent bit of news would really set things alight methinks. Interesting few weeks ahead.
Trigger
28-05-2016, 09:30 AM
...I meant one "more" decent bit of news. I was very happy with last weeks announcement for the bedding sector.
Rawiri
30-05-2016, 11:40 AM
Yes i hope so was glad to have got on board at 60c! That sure was a great announcement , seems to be good news after good news but havent really seen much movement until last week. sorry my memory isnt the greatest but could you remind what projections for full year earnings were? was it 18.5m? Also when is full year results due?Stock still seems relatively cheap on those earnings with massive growth potential!
Trigger
30-05-2016, 01:18 PM
Yes i hope so was glad to have got on board at 60c! That sure was a great announcement , seems to be good news after good news but havent really seen much movement until last week. sorry my memory isnt the greatest but could you remind what projections for full year earnings were? was it 18.5m? Also when is full year results due?Stock still seems relatively cheap on those earnings with massive growth potential!
Yes US$18.5m mentioned initially in Dec-15, then several times since. But like a lot of AJX announcements, there seems to be key words used a little loosely. Traditionally I have only thought of Earnings as bottom line, rather than top line. But in this case it's accepted that the CEO was referring to Revenue. Same thing is happening with references to calendar and financial years, etc. All will be revealed in due course - it is definitely put up or shut up time.
As to timing for the full year, I don't think anyone has pinned it down any tighter than Aug/Sept. Good luck! :)
Rawiri
31-05-2016, 12:05 AM
Much appreciated trigger oh right i was assuming 18.5m gross profit!
Was a little tempted to sell a portion today but decided against haha i look forward to more good announcements thanks and you too!
Trigger
31-05-2016, 08:21 AM
There is definitely a view forming amongst a core of the shareholding that 'baseline' earnings of US$18.5 is the least that can be expected this calendar year, but that more likely we will be surprised to the upside. I don't know either way. But I did see the last quarterly cashflow report is confirming a positive trend, and earlier this month they stated they are still confident of achieving mid year financial goals which included break even. So, that's the next formal step I think. And we probably need another decent sized contract announcement in June so that we hit the ground running in calendar q3. Closed over 80c last night. Strong buying at the close. New day today. :)
Joshuatree
07-06-2016, 10:14 PM
S/P sure has moved nicely since the announcement on May 16th and broken the downtrend decisively peaking @ re 85c and now looking solid and bedded in:). Awaiting next contract announcement as you say.Announcement below for anyone that didn't see it. 56c May 16th to 82c now.
Alexium Wins USD$5 Million Multi-Year Sales Agreement-AJX.AX (http://hotcopper.com.au/threads/2775886/)
Shareholder Newsletter-AJX.AX (http://hotcopper.com.au/threads/2782313/)
Announcement today
http://alexiuminternational.com/wp-content/uploads/PCM-sales-6-june-2016-final.pdf
Trigger
01-08-2016, 08:54 AM
The latest 4c has disappointed the market. Retrace in SP just prior to closing on Friday, and probably more to come over the next day (week/month :eek2:).
A more detailed explanation was warranted I think given the bullish statements that have flowed from the company in the last 12 months. I'm not concerned...yet...but a little more wary that I was last week.
Joshuatree
01-08-2016, 10:02 AM
Don't read much re AJX atm, Still have my residual holding just in case/when the real money contracts come in.Good chance of a pump coming up.
I hope I don't eat my words in the long run but I'm not worried about a quarterly report at all. They are still in the early stages of bringing their product to the market. There haven't been many advances in fabric treatment over the last few years so implementation will take a while.
The Tape Trader
01-08-2016, 01:54 PM
Hi All
First post :)
Have traded AJX before when it was in an uptrend.
Noticed it shot through support today on the quarterly.
I often see some stocks gap through support and snap back - leading to a false move. They then rally hard into a new uptrend. (FBU Feb 16 a great example)
This could play out in AJX if it can close up and go green tomorrow. Great Risk/Reward play.
Have a look at the chart.
Disc: No position
8199
8200
Joshuatree
18-08-2016, 10:39 PM
Nope , AJX has continued down despite at least one good announcement.I put it in the same basket as EDE(concrete additive) also dropping daily atm.No idea why although I'm hearing manipulation happening here being at least part of the reason. Still holding free carried shares in both.
Manipulation on AJX? Why and to what effect?
Joshuatree
19-08-2016, 10:59 AM
price down of course
The Tape Trader
02-09-2016, 06:27 PM
Planned trade didn't work out. The charts tell the story.
82778278
Joshuatree
02-09-2016, 07:03 PM
Sorry to hear.I will be doubling up soon as AJX have a product the world has to adopt and its for all the right reasons.
Joshuatree
07-09-2016, 02:10 PM
This is one eyeopener re managing a company. Ex Employee(Shusta) takes AJX to court. Check out the communications ; not very flattering :t_down: Link may or may not work. https://www2.greenvillecounty.org/.../PIImageDisplay.aspx... (https://l.facebook.com/l.php?u=https%3A%2F%2Fwww2.greenvillecounty.org%2F SCJD%2FPublicIndex%2FPIImageDisplay.aspx%3Fctagenc y%3D23002%26doctype%3DC%26docid%3DIMgiw8tCo3jOC8Zp 9w0Qrw%253D%253D&h=rAQEuZufR)
This is one eyeopener re managing a company. Ex Employee(Shusta) takes AJX to court. Check out the communications ; not very flattering :t_down: Link may or may not work. https://www2.greenvillecounty.org/.../PIImageDisplay.aspx... (https://l.facebook.com/l.php?u=https%3A%2F%2Fwww2.greenvillecounty.org%2F SCJD%2FPublicIndex%2FPIImageDisplay.aspx%3Fctagenc y%3D23002%26doctype%3DC%26docid%3DIMgiw8tCo3jOC8Zp 9w0Qrw%253D%253D&h=rAQEuZufR)
Saw this awhile ago thanks to a facebook group - it was taken down from HC.
Not flattering at all - if thats how you manage a company I don't have much faith in your ability to retain good talent.
Amazing what people are really like behind closed doors. :t_down:
I don't really speak legalese but from what I can see it's just that there are some tears after a game of musical chairs. Or what do or did I miss here?
I don't really speak legalese but from what I can see it's just that there are some tears after a game of musical chairs. Or what do or did I miss here?
From page 30 onwards is correspondence between Nicholas Clarke and various people via email.
From page 30 onwards is correspondence between Nicholas Clarke and various people via email.
Ha thanks I missed this the first time around when I just browsed through. Seems mild mannered for an Aussie ;) Maybe I'm one-sided here and a little blind but I can understand why Nick Clark wanted to whip some a** between 2013-2014 trying to get the product to the market.
Trigger
08-09-2016, 09:44 AM
Ha thanks I missed this the first time around when I just browsed through. Seems mild mannered for an Aussie ;) Maybe I'm one-sided here and a little blind but I can understand why Nick Clark wanted to whip some a** between 2013-2014 trying to get the product to the market.
Same really. He had been put in by Rezos to do a job. Suspect, as is often the case, that the business wasn't quite in the shape he had expected or been led to believe, so he rolled his sleeves up and got on with it. He is well incentivised to get results. Could just be my confirmation bias at work again though. :t_up:
Joshuatree
08-09-2016, 10:21 AM
Bias alright dropping acceptable behaviour in the pursuit of money; a very ugly side of business; unnecessary and unprofessional ,offensive and bullying let alone befitting of his position, leading a company.. If you think thats an ok standard for management to set that says a lot about your own morals.Lead by example; yeah right.
Bias alright dropping acceptable behaviour in the pursuit of money; a very ugly side of business; unnecessary and unprofessional ,offensive and bullying let alone befitting of his position, leading a company.. If you think thats an ok standard for management to set that says a lot about your own morals.Lead by example; yeah right.
I have no idea what's going on at CEO level. I'm way too mild mannered to be in that echelon. I'm just going by what I see on American telly like Mr Robot or The Good Wife ;)
Joshuatree
08-09-2016, 11:23 AM
So, you say you are as mild mannered as you say Nick Clark is, pretty weird silu.
So, you say you are as mild mannered as you say Nick Clark is, pretty weird silu.
I'm in no way defending him in any way and I certainly don't like the use of profanity in business communication. As long as the share price is heading in the right direction I don't really care.
Joshuatree
08-09-2016, 11:52 AM
What do you care about silu, sincere question, besides money. Does money really rule ahead of decency, human values and accepted behaviour?
What do you care about silu, sincere question, besides money. Does money really rule ahead of decency, human values and accepted behaviour?
This is quite a complex question and probably something better to be talked over a beer instead of this forum. I'm not driven by money but by living in harmony with the planet and its inhabitants. I hate avoidable confrontations and generally look for the path of least resistance. However as a realist I understand that many successful people are bullies and do not adher to my philosophies.
I probably should read the e-mails a little closer as you have taken a different view from them as me or I indeed have misunderstood them. I don't want you to think that I'm in any way some heartless bastard who accepts this kind of behaviour.
Trigger
08-09-2016, 12:50 PM
Bias alright dropping acceptable behaviour in the pursuit of money; a very ugly side of business; unnecessary and unprofessional ,offensive and bullying let alone befitting of his position, leading a company.. If you think thats an ok standard for management to set that says a lot about your own morals.Lead by example; yeah right.
No I don't condone the method JT, far from it. But it hasn't made me rush for the door either...just added a checkmark against the negative side of the ledger. Apologies if my post appeared glib. One of the more prolific posters on HC had alluded to NC's temperament and style in the past, but this is the first time I have seen hard evidence of it. Would he regret it in hindsight? I doubt it. My experience is that these sorts of characters just choose to play in a very hard nosed manner. Plus the business is in considerably better shape now than it was then. i.e. generating revenue instead of having to rely on grants to pay salaries. Question for you...are you still in, and if so will you still consider extending your holding given what you have read via the court docs?
Joshuatree
08-09-2016, 01:45 PM
Fair enough , cheers.Int that the link got removed from H/C ; be regret there alright from n/c;that it was aired.I got in early , was free carried , multi bagged sold most and hold only a small holding now. Ive never liked the ramping/spin style, multiple announcements etc of management and certain posters on H/C who claim to be close to management; its always been a discomfort to me even more so now.There has been big Bulldust smell about it. And there has been doubt whether they really can t/o $18 mill with the s/p trailing down as it has. With the preliminary FY out the s/p has stopped sliding atm. as it does finally appear to be proving itself up with sales.
Their product has had a win/win/no brainer ( I'm always wary when i hear that word) lustre to it esp with the environmental and fire protection attributes which I've been enthusiastic about.So I'm a reluctant holder atp. Amongst my friends really into shares there is only one who is a holder;the others Bulldust detectors have kept them out atp. My conviction to double up is less now. its weighing up investing with some boundaries for me.Easy decision for me to choose not to invest in coal, tobacco, gambling, weapons stocks etc or management with dubious characters/records etc.
Joshuatree
16-09-2016, 02:40 PM
Im out for the time being; taking a breather; will reassess my sentiments, reasoning and values; cheers JT
Rawiri
30-09-2016, 03:03 PM
Unlucky this stock seems to have bounced from the day you sold out joshua!
bung5
03-10-2016, 01:54 PM
From what I can gather , I estimate the Fy17 first quarter revenue to be up between 100 -300 percent. AJX have stated they are still on track to reach revenue targets this calendar year. so would likley see the following quarter have similar growth.
If that eventuates then that should give a serious re-rate to the sp imo.
A trading halt has been granted before the announcement concering a new sales agreement.
Despite my shares being almost freehold I still hold my breath every time this drops despite good news. It's almost 20% of my portfolio and any percentage point moves the value of it considerably. However, I'm trying to stick to my conviction that this should be worth at least double of what it is now before I consider to re-balance my entire portfolio.
Rawiri
17-10-2016, 12:53 PM
A trading halt has been granted before the announcement concering a new sales agreement.
Despite my shares being almost freehold I still hold my breath every time this drops despite good news. It's almost 20% of my portfolio and any percentage point moves the value of it considerably. However, I'm trying to stick to my conviction that this should be worth at least double of what it is now before I consider to re-balance my entire portfolio.
Im very much in the same boat however ajx makes around 40% of my portfolio today having doubled up at 54c last week hope it pays off!
Aotea
17-10-2016, 06:56 PM
Im very much in the same boat however ajx makes around 40% of my portfolio today having doubled up at 54c last week hope it pays off!
AJX has a lot of irons in the fire, and a lot of upside. They make up around 20% of my portfolio too and I genuinely feel the military market will be a game-changer. Not just the yanks, but at a broader level
Joshuatree
17-10-2016, 07:08 PM
Unlucky this stock seems to have bounced from the day you sold out joshua!
Nothing to do with luck ; more sentiment and what I've already said previously. I try and have a few codes of conduct re investing. And have learnt not to worry re picking perfect entries and exits price wise. have multi bagged and free carried. happy to stand aside atm from EDE AJX and EMC which really was a mistake (EMC); sa la vie.
Exciting day ahead for us holders I hope. One of my favourite HC posters found this link but it's subscription only (http://portphillippublishing.com.au/2016/10/did-this-155-million-small-cap-just-partner-with-a-us15-82-billion-sportswear-giant). The heading says it all and I wouldn't be too surprised if that's what the news will be today.
Rawiri
19-10-2016, 10:48 AM
Buy depth looking good 350000 shares at .60c exciting day ahead indeed 😁
Joshuatree
19-10-2016, 11:33 AM
New deals. Sales of $3mill a year for 3 years looks good. Reaching/ passing that $18 mill rev looking more likely/possible.
http://www.aspecthuntley.com.au/doc...lc2lnbmFsL2Vycm9ycGFnZXMvcGRmZGVsYXllZC5qc3A = (http://www.aspecthuntley.com.au/docserver/01791081.pdf?fileid=01791081&datedir=20161019&edt=MjAxNi0xMC0xOSswOToyMDo0MSs0ODArMTI1NTU0K2FuZH Jld3dlc3QrcmVkaXJlY3QraHR0cDovL3d3dy5hc3BlY3RodW50 bGV5LmNvbS5hdS9pbWFnZXNpZ25hbC9lcnJvcnBhZ2VzL3BkZn RpbWVvdXQuaHRtbCtodHRwOi8vd3d3LmFzcGVjdGh1bnRsZXku Y29tLmF1L2ltYWdlc2lnbmFsL2Vycm9ycGFnZXMvcGRmZGVsYX llZC5qc3A=)
bung5
25-10-2016, 04:06 PM
boom
8404
Joshuatree
25-10-2016, 06:32 PM
Really; a bit exaggerated, more of a fizz ; up re 2% today. Management have been pumping $18 mill for some time; trouble is not enough folks believe this and all the other pumping thats happened.. Im still out; watching.
bung5
26-10-2016, 08:41 AM
Really; a bit exaggerated, more of a fizz ; up re 2% today. Management have been pumping $18 mill for some time; trouble is not enough folks believe this and all the other pumping thats happened.. Im still out; watching.
I'm only looking at the company today from a fundamental point of view. If the company can say 2 months out from the end of the year they expect to make 18mil usd revenue this calendar year then the growth is outstanding. By the rate of signing on contracts the last 4 months the growth looks like it is continuing into 2017.
I expect the quarterly due out in the next week will reflect this growth
Joshuatree
26-10-2016, 10:31 AM
Good post bung.Your previous one sounded like a typical H/C AJX pump. The $3 mill x 3 year contract certainly makes their rev goal look more achievable and chart wise the s/p is trying to breakout; previous highs were way back in 2015 re about $1.07 when the hype was extreme.
So the quarterly 4C is out and they delivered what they promised. This stood out to me "Alexium is currently tracking at A$15m for CY2016 with licencing revenue and additional contract revenues to year end, yet to be included as part of the earlier US$18.5m CY2016 projection."
That at least should remove the weight around the SP with a small re-rate expected. But then the market doesn't always do what the market should do.
bung5
31-10-2016, 04:10 PM
Yes it was a solid quarterly . Also read very bullish in terms of upcoming deals.
I think the next 3-4 months will be very rewarding.
Trigger
17-11-2016, 11:04 AM
AJX hasn't performed well for me in the last 12 months, and have sold down a third of my holding as the opportunity cost has been high. The latest 4c has injected some confidence that this thing might finally be lifting off, but the company has fallen short of a number of targets in the last year (cash-flow neutral, 22% of $US18.5m by middle of this calendar year, 100% of $US18.5m by the end of the calendar year now in doubt unless a large licensing deal is bagged, the tenting contract (remember that???) and military rollout).
The AGM is on the 21st of this month. Resolutions around remuneration looks to have got a few SH'er backs up, including some long-termers with very low entry prices. I have fired off my proxy, most of which do not support the proposed resolutions.
Trigger
17-11-2016, 12:21 PM
Herre's a short video, fronted by Nick Clark, showing off the new facility. It's actually more impressive than the photos real eased a month or so back suggested. Hope the link works.https://www.facebook.com/AlexiumInternational/?fref=ts
I often don't vote on AGM resolutions as I'm peanuts compared to most of you guys but with AJX I realized I'm actually a Top 300 shareholder so I have used the little power I have to vote against the remuneration resolutions.
Trigger
17-11-2016, 12:42 PM
Be interesting to see what Monday brings won't it? Will know soon enough.
Trigger
22-11-2016, 07:50 AM
The votes are in. Remuneration Report rejected. Strike one.
Additionally: US15m now likely a stretch goal for this calendar year; military still some way off due to expansion of trials to include US Marines; US listing still on the cards (NASDAQ).
Oh, and it seems like the Chairman threw his toys out of the cot regarding the proposed remuneration.
showstring
22-11-2016, 08:52 AM
lol the chairman rant was great, so salty...
Ha yeah it was quite funny that the Chairman accused us that voted against the remuneration plan about not knowing the difference between STI and LTI. But in general terms I know the difference between 300k and 800k. I am in no way denying hard working directors that create shareholder value with a hefty pay packet but at current MC of $176 mill I believed it to be excessive. Bring me more contracts, become cash flow positive and I will reward you handsomely. Us shareholders just poked them a bit. It's up to the board to roll up their sleeves, take notice and continue to work hard.
In the meantime I'm still positive about AJX's future.
Joshuatree
23-11-2016, 05:07 PM
Unfort the chairman is one of those"i deserve your money" superior types imo.They are never aligned with small inferior shareholders; its just the way it is. Still watching from the side atp.
The new year brought as a Trading Halt because of a "significant retail sales agreement". It would be great if AJX would fly this year when I didn't pick them in the stock picking comp.
It's a US$10m+ annual revenue agreement with Pegasus' New Cool-Touch pillows.
mcdongle
04-01-2017, 11:24 AM
Is Alexicool going to be bigger than FR i wonder...
Joshuatree
04-01-2017, 11:27 AM
First, concise , clear, chunky ,meaningful, transparent($ stated and client stated) announcement I've seen and rate. This should bring some better sentiment,confidence back into the S/P. Instos now taking int?
I still treat every announcement with caution. Immediate increase in SP followed by a fall. Like the Warriors, AJX has to show me on a consistent basis that they can win. Some institutional support wouldn't go amiss either. I'm still holding a large chunk, by far my biggest holding, so of course I wish the SP would finally go closer to the $1 mark I have anticipated for a year now.
Joshuatree
04-01-2017, 12:23 PM
Agree caution warranted .Im still out; but like this announcement better.A few Instos would return/ bring the confidence /credibility needed here. watching for this etc.Strong rise off re 52c re Dec 13th. More cap raising/ dilution, manipulations a certainty as well as the usual spruikers pumpers and dumpers bulldust..S/P currently 64.5c high as 67c.
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