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Love it. "Transformational orders" -huge order of new FastEBM machines by GE in next couple years.
Great article! Thanks. I may see if i can visit Disanto, not too far away
Me too, I put a google alert on his name in case, but i also agree with argyll
Nice one. Thought about it but in too deep to add. Gonna just hold, time will reward us all I believe
Here is another one with more info:
Jan Barchan : " One should not draw the bow too hard "
Jan Barchan went into the Arcam in 2006 and eight years later he sells holdings to nearly 300 million.
" There was no doubt a good deal. , We are proud that we went in as early as we did ," he says to news agency Direkt on Tuesday.
How much the sydsvenske financier invested in a private placement when the 3D printing company in 2006 needed money for permanent losses he does not want to provide. The shares have gone up by a few thousand percent the past two years , however, some indication of the return on investment .
Jan Barchan owned before selling a little more than 1.1 million shares of Arcam , equivalent to 6.1 percent of the capital. On Wednesday brokered Carnegie January Barchans shares at a price of SEK 250 , which means that the deal was worth about 280 million.
" We have had shares in eight years. , We often go into technology companies and then we have an investment horizon that is usually ten years. Now we think we have been with for so long , for we were with when the company was small, and now that it has become a large and quite general , it is time for us to go out , "says Jan Barchan, whose holdings of Arcam been in the investment company Briban Invest.
He would not further comment on the stock market's valuation of 3D company or by Arcam .
" Additive manufacturing where Arcam is large is incredibly exciting , especially with regard to the aerospace industry and orthopedics . Company has undoubtedly a great future ahead of him ," said Jan Barchan .
But why not keep up with on the trip ?
" If you've been with for eight years, and been on the board , it is just right to go out now. One should not draw the bow too hard ," he replies .
What will you do for money?
"There's a little hole to put them in and there are new investments that do well," says Jan Barchan who in the 1970s was the CFO of Trelleborg and in the '80s worked in the IKEA Group . Then he started his own investment and Briban Invest is a major shareholder in Studsvik.
Whoever bought in January Barchans shares of Arcam time of writing not known .
Arcamaktien was down 7.4 percent , or 20 kronor to 244 kronor on the Stockholm Stock Exchange after an hour's trading.
Direkt
Thanks haikala for the heads up.
I just found it online, translated by google translator below (badly, but you get the idea). I am interested to hear peoples take on it. Seems similar to the Industrifonden move, just following their business plans so to speak.
Jan Barchan on sales of Arcam record
By: SIX / Business World
Posted 12 February 2014 11:50
The great post brokered this morning in Arcam was the whole January Barchans holdings through Briban Invest. An all natural business, according to the vendor itself.
"I have been with the Arcam for eight years and we usually sell when the company reaches this size., It is our business", says Jan Barchan to SIX News and says that his sales of TAT for RIM was a similar affair.
January Barchans sold holdings represented approximately 6.1 percent of the capital and the sale price at 250.0 kronor, the business value of approximately 280 million.
"When you sit as an insider person on the board, there are only certain times when it can be sold., We saw that there was an interest in buying. One can not sit around and tinkering with it here and sell more records at a time," says Jan Barchan .
Arcam's share was at 11:34 down 7.6 percent to 244.00 kronor.
Also, here is the description of Barchan from the Arcam site:
Jan Barchan
Born 1946. Board member since 2011. Private investor with major holdings in among others Studsvik, Assistera, ConnectBlue, and Audiodev. Jan Barchan holds, through Briban Invest about 8% of Arcam. Previously CFO of Trelleborg and CFO of IKEA.
New order, good timing to stop the dropping. (Dshade hope u got your add yesterday at what is hopefully the low for a bit:))
Arcam receives order from implant industry in Europe
Arcam, listed on NASDAQ OMX, has received an order for an Arcam Q10 system from an implant manufacturer in Europe.
”This is an order from a new customer in the implant industry. Our new EBM system range, the Q-series, is well received and the Arcam Q10, designed for implant manufacturing, helps us reach new customers”, says Magnus René, CEO of Arcam.
The above information has been made public in accordance with the Securities Market Act and/or the Financial Instruments Trading Act. The information was published on February 11, 2014.
For further information please contact:
Magnus René, CEO Arcam AB
Tel: 46 31 710 32 00, alt. cell: 46 702 79 89 99, or e-mail: magnus.rene@arcam.com
Interesting. Nice to see an article that brings some new content
I agree, this report and this company only continue to evoke tremendous confidence for me. They are positioned incredibly well. To me it is huge that they continue to develop their products in conjunction with the customers themselves, as was done with the Q series "Both systems are developed in close co-operation with strategic customers." They aren't creating machines to then go try to convince people to buy, they are working with aerospace to create what is needed and desired.
With FastEBM is sounds like they have already received patents related to it and more are in progress. And most importantly, the company just told us it's done and it worked! "The FastEBM project has been completed and the results will be used in future product generations." That's huge -"The potential within the aerospace industry is very large and intensive efforts are underway to make the company ready for the volumes and requirements in the aviation industry." Here comes the Q30 friends!
Plus they have told us they are on top of quality assurance.
This next year (and decade) are going to be great if you ask me. Seems they are doing all the right things to take 3d for metals to production capacity in these two industries, and we're talking huge potential there.
I guess pm because its already pm in stockholm. 1:50 there now. Should be in next few hours!
Educated guess: machine with more powerful beam (i.e faster Ebm) created, and now some time needed to get it ready for selling, but not years off. High Res...who knows, but perhaps not as important. Although the combo would make Arcam unstoppable.
Yeah, I'm in as big as ever, although it makes me nervous. I also take comfort in being an investor in this one, even if it disappoints tomorrow I'm cool being in long long for this company. GLTA!
I added too. Was an overreaction for ddd too sounds like to me. Interestingly the weak point was consumer product demand but strong for industrial products. Actually positive news in bigger scheme for arcam seems to me
Nice little video, nice to see inside. Remember when we couldn't believe how there was no press basically at all on arcam? Wasn't long ago. Press picking up more and more
Interesting system. No one knows for sure how things will play out in 3d, but what I can say is that Arcam is much further along in his 5 steps of the hype cycle than some other speculative companies I have invested in such as onvo, sglb, nviv. Arcam is tested, has an established diverse client base buying their machines, is making money, is actively improving their products in conversation with their clientele and so on. There is hype and a great deal of hopeful anticipation built into the stock price, but this isn't a start up phase company early in his hype cycle, its in stages 4 or 5
The liquidity issue is true. Not bashing arcam, I've held this stock since 33 and love it, its my biggest single holding and plan to hold most of mine for a long time to come. But don't think it's wrong to lighten after an unbelievable year and a 30% rise in a week, nor do I think its wrong to discuss, or that my post is going to hold back the stock. Anyhow...I wish the best to all.
I think the really big question now is what they will say about FastEbm and highres on Feb 7.
Glta
No doubt, no one on this board understands splits, only you.
Try it this way. You and 3 friends buy a pie that is cut in 4 pieces for $8. You have 1 quarter of the pie that you got for your $2. Then you all decide to cut the pie into 16 pieces. You still have a quarter of the pie but now its cut into 4 slices instead of 1. Each of your slices is now worth $.50. Some other friends come along and see that now slices are "cheaper" and they want to get a piece of the pie, but in truth it isn't a better deal because the slices are 1/4 the size they used to be. But since a lot of people are influenced by the psychological perception that pie is now cheaper even though it isn't really, there are more buyers interested, and you can now sell your pie at a 25% premium to what you bought it at.
You are telling us that it would have made sense to sell some of our pie back when it was worth "more", but now that it is "cheap" you can't understand selling it. In fact, my portion of the pie is no longer worth $2.00 but now $2.50 and it's a very reasonable time to consider selling a slice or two, much better than it was a week ago. You also said you expect this pie to quadruple in value quickly as it did once before (which I quite enjoyed). That is possible, but no more possible than it was when it was cut into less pieces, except for the psychological effect described above. That would make a very very expensive Arcam pie.
Just saw shares r showing up on fidelity
So cheap? 44 = 176 pre-split. In other words 44 is an all time high valuation besides last Thursday and a big premium to presplit. I would sell some if able.
What I don't understand is who is able to sell at all right now, it isn't us retailers, at least with pre-split shares.
Welcome
Well time will tell, either way I still feel great about this company for 2014, just can't have too many eggs in one basket, although arcam has sure made it worth the while over the past year and a half for me
I agree it should continue up long term but I already had more than I should in one stock even with how bright its future seems, and 22% additional rise in last couple days = time to lighten up for me, as I imagine it will for some others. Also, it will probably pullback a bit at some point, although if not I'd still be happy:)
Good point, but I don't understand who is able to sell right now, do you? I'm not freaking out, just would really like to be able to take some off the table but apparently can not. And I also think it is relevant to how the stock will trade if all at once many people who have held the stock a long time will be able to take some profits which they can't now. I'd like to be towards the beginning of that selling personally.
Important info and question: It is not possible to sell on Fidelity right now shares owned prior to the split and the international trading person said this would be the case with all other brokerage firms. She said it would be 2-3 weeks before they it would be possible because of the split.
If this is true, then the stock is rising not only because of the split and the news but because it is possible to buy new shares but not sell old ones!
Has anyone had a different experience and been able to sell?
If I am understanding this situation right it would seem the stock is set up to continue climbing until people can sell, crazy situation.
Wow, two new orders announced this am us and china, these guys know how to time things. Up another 7% in stockholm. And so much great growth potential this year. Wow.
Good to hear. Definitely entering a new phase, hopefully the growth transition continues smoothly. So far so good it seems
Interesting day. Looks like more buys than sells but larger sells. I was thinking of lightening up a bit but didn't. In this long long but overweight.
Thoughts on upcoming earnings and share price reaction? We know there were more machines sold this year than last and more this quarter year over year, so can't be too bad right? Fast ebm and hires remains a wildcard for the future.
Its not a loss, the split happened, u have 4 times the number of shares at a quarter the price
Announcement of prospectus regarding the admission to trading of new shares in Arcam
The Board of Directors of Arcam AB (publ) (“Arcam”) has prepared a prospectus regarding the admission to trading of newly issued shares on NASDAQ OMX Stockholm. The prospectus has been approved and registered with the Swedish Financial Supervisory Authority and is now available on Arcam’s website www.arcam.com.
The prospectus has been prepared for the admission to trading of 400,000 new shares, which were placed by Carnegie Investment Bank AB with international institutional investors and qualified investors in Sweden on December 16, 2013.
The newly issued shares are expected to be admitted to trading on NASDAQ OMX Stockholm on or about January 10, 2014 on NASDAQ OMX Stockholm.
For further information please contact:
Magnus René, CEO Arcam AB
Tel: 46 31 710 32 00, alt. cell: 46 702 79 89 99 or E-mail: magnus.rene@arcam.com
Yeah I agree it should be a good year too. With Fastebm and high res I emailed ulric the arcam head of it twice and haven't heard back. Would be great to gain a sense of if that has gone anywhere or not.
Interesting from Yahoo post.
"Arcam: Oppenheimer increased to 5.2% of the Chapter / voices
(SIX) Oppenheimer Funds increased to 5.2 percent of capital and votes of Arcam, according to a disclosure statement."
Happy new year!
Oops.
Here is another video I just rewatched of an interview with Rene. It's old but I thought people might still enjoy it if you haven't seen it. His goal was to double company in five years
News? Why the jump in sweden? Something is up but don't know what. Awesome upturn though
I agree that there are no teeth to at least many of these agreements. I have learned that the MOU with Interactive Machines fell through/went no where from email exchange with Frank Yopak head of IM. Will post more detail soon. Clearly there is a lot of potential with sglb but the lack of transparency is disconcerting. Why do I have to find something like that out by digging for info instead of from sglb. That led me to hit the panic sell button today near the bottom, sucks but I will rest a bit easier tonight. May get back in at some point, will see if more research or news builds enough confidence in it for me.
Great summary, thanks, been meaning to do that for myself, appreciate the work, many pieces of the puzzle to try to put together.
Agreed, this has been a great helpful and respectful board, thanks to all for that
Hadn't seen that but found more on industrifonden website below. Looks like they lightened up and probably sold to same people as new share issuance. Interesting carlstrom also on arcam board.
Industrifonden sells shares in Arcam
2013-12-17
Industrifonden has sold part of its holding in 3D printing company Arcam AB through a placing of 4.4% of the shares in the company. Following the sale, Industrifonden continues to be the largest shareholder in Arcam.
Industrifonden has sold 200 000 shares in Arcam, worth an aggregate of SEK 174 million. The placement, which was well over subscribed, was completed at a price of SEK 870 per share. The shares were distributed to international and Swedish institutional investors.
Since 1999, Industrifonden has been involved in the development of Arcam, initially as a lender and since 2002 as a shareholder. Following the placing, Industrifonden remains the largest shareholder in Arcam, with 15.7% of the share capital.
“With its unique technology and impressive customer base, Arcam is well positioned in the rapidly expanding 3D printing industry. We look forward to continuing to support the company in its future development” says Thomas Carlström, Investment Manager and member of the board of Arcam.
Hi Monkeybuilt and investorhub,
First, the 30,000 share selloff of Rene was explicit in the email from Arcam about the new share issuance, if you aren't getting their emails you should sign up on their site.
I got the other info via the arcam site with a big of digging. Go to investor relations, financial information, corporate governance, board, and at the bottom of the board section click on the link to information about board member shareholdings. I suggest using google chrome because google translator is built in so you can translate the webpage.
Here is what is says for Rene, translated:
CompanySort Up Position Holders Securities VP-name Number / amount Unit
ARCAM AB (publ) CEO Shareholders Share ARCAM 29678 St
ARCAM AB (publ) CEO Shareholders Subscription ARCAM 140630 (1.76) S 1:40 400000 St
ARCAM AB (publ) CEO Shareholders Subscription ARCAM 150630 (1.79) S 1:40 400000 St
I posted in greater depth about this on the yahoo website which was dumb because I only got a response from a wacko. Would love your takes on the info which I could be misreading.
If I am reading it right, it appears that Rene has about 830,000 shares, most of it in options (that I believe is what "subscription" means, in Swedish it is technioptions or something like that). So that means that Rene is worth about $112,050,000 in Arcam stock. Am I misreading? If so he owns a big chunk of the company (as do many of the other board members to a lesser degree). The part I am not clear what it means is 150630 (1.79) S 1:40 and the numbers above it - others able to help there?
If my reading was correct, his selloff of $4 M is some pocket change before a year lockout agreement.
I am an amateur, so if I am reading things wrong happy to hear.
Actually it was stated in the pr in email from Arcam that it is both within Sweden and international, and "The purposes of the resolution to issue new shares, deviating from the shareholders’ preferential rights, are primarily to broaden the long-term international institutional ownership in Arcam, and to take advantage of an opportunity to raise capital for the above-mentioned purposes on attractive terms, thereby promoting Arcam’s ability to create further value for all shareholders.