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Thanks for your thoughts. Sounds like they will also acquire Disanto soon to me. Seems like there will be some ups and downs in near term with all the growth activities but I definitely agree that I feel very positive about the long term direction, they are doing the things needed to be a real player going forward.
Will be interesting to see who bought the new shares. Would be nice if it were GE.
Thoughts on the developments? At first I was concerned that Rene is selling 30,000 share but looked and saw he has 860,000 so that is small potatoes.
Unstated who is buying, that will be interesting to learn. The price the shares will be bought at is encouraging, not a big discount. Is it also possible that Industrifonden is the "lender" of shares and this is also way for them to transition out?
Very interested to hear others input on the news.
Yes very nice move it sounds like. That is what that share issuance option was about.
Can you say more about them testing ddd systems? I own a bit as well but not like arcam. Tough to buy at these levels but they do seem to have their act together. Has anyone layed out a full comparison of metal printers including the new ddd ones? Need more time in the day! It certainly sounds like Arcam is seriously expanding, question mark is how well they will do that. Seems like they have a solid diverse market base to continue to build on with the orders that have been coming in.
Yes just saw that. Sounds good although Jensen didn't express the sense of enthusiasm like he did regarding ddd, at least in these excerpts. Would love to hear more about his visit, gonna see if fuller transcript is out there
Again they put this notice out just in the swedish to those signed up on the website, funny
Nice work, thanks. I emailed the arcam rep in charge of fastebm today to try to get an update and also an answer about relationship between the q20 and fastebm. Will let u know if i hear back.
your question got me looking and it turns out there is some great info right on their website! This pdf has the greatest details: http://www.arcam.com/wp-content/uploads/Arcam-Q20.pdf
At the bottom is the most technical data.
Doesn't explicitly say how much faster it is, but perhaps one of you with more tech knowledge can decipher it better.
Seems quite in the realm of possibility. I think it is going to continue to be fun to watch arcam unfold. Rene continues to engender confidence in his sense of leadership too.
Also interesting is "The new EBM system is developed with support from leading aerospace manufacturers". Would like to know more about that.
Arcam Q20, a new large EBM system for Additive Manufacturing in the aerospace industry
Arcam AB (publ), listed on the NASDAQ OMX Stockholm, today launches
Arcam Q20, a new EBM system designed specifically for manufacturing in the aerospace industry.
The new EBM system is developed with support from leading aerospace manufacturers. The Arcam Q20 is based on Arcam’s latest technology platform, the Q-series, presented in the Arcam Q10 which was launched earlier this year.
Arcam is primarily active in two market segments, the aerospace and the orthopedic implant industries. The orthopedic industry started using EBM already in 2007, and EBM is today well established as a production process for implants, with more than 30.000 EBM-manufactured orthopedic devices implanted worldwide.
The aerospace industry is now also about to move into series production for several product applications. The Arcam Q20 well serves its needs with several new features for industrial volume production, including increased productivity, higher resolution, and Arcam LayerQam™, a camera-based monitoring system for part quality verification.
“With Arcam Q20 we sharpen our offering to one of our main markets, the aerospace industry. Arcam Q20 represents a new EBM generation, with a focus on continued industrialization of the technology”, says Magnus René, CEO of Arcam, and continues;
“Arcam Q20 strengthens our already strong product program for aerospace manufacturing, a market that puts high demands on both the technology and the application expertise. The first Arcam Q20 user will be Poly-Shape in France, from whom we received an order last week.”
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 December 4, 2013.
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
Arcam provides a cost-efficient Additive Manufacturing solution for production of metal components. The technology offers freedom in design combined with excellent material properties and high productivity. Arcam’s market is global with customers mainly in the orthopedic and aerospace industries. The company was founded in 1997 and is listed on NASDAQ OMX Stockholm, Sweden. Head office and production facilities are located in Mölndal, Sweden. Support offices are located in the US, UK, Italy and China.
________________________________________________________________________________________
Arcam AB • Krokslätts Fabriker 27A • SE-431 37 Mölndal, Sweden • 46-31-710 32 00 • www.arcam.com
This release was sent by Cision
http://news.cision.com/arcam/r/arcam-q20--a-new-large-ebm-system-for-additive-manufacturing-in-the-aerospace-industry,c9507678
Why is this down/neutral on what looks like very impressive new offerings at euromold?
On the euromold site it doesn't look like it. They have a booth listed is all. There is a wohlers 3d conference within euromold but they aren't listed as presenting. Would be fun to be there
Really nice end of week recovery, feeling relieved.
Looks like a good move, seems to be stabilizing, that may have been the bottom, gonna watch a bit longer. Thinking about adding, picked up some ddd and ssys for first time.
What makes you think so? Looks like ssys and ddd are starting positve as in onvo. Vjet still correcting. Arcam inching up from gap down in first few minutes here. I may buy or sell!
Ouch, for real. Your plan? i still believe in the stock as much as ever long term but may try to get out and back in when we hit bottom, at least in ira. Still waiting to hear the bottom of the well...
Thoughts on pullback? Seems like healthy correcting across 3d stocks. Perhaps buying opportunity, but not sure if we've reached a bottom...
Me too
If they did sell to another institutional buyer at a discount how do you envision that affecting share price?
Hmm. That sounds like a good scenario. Hard to know how to play this news. Wish i could help them out to buy their 22%...
Yeah it didn't hit my bid either...oh well, upwards onwards
Oops, hit send accidentally. Anyhow..
While I think the anonymous author raised some interesting questions and that cautionary perspectives are important and shouldn't be dismissed lightly, I also think the responses on SA have already countered the authors points significantly.
Dawson-m I don't recall seeing you here before you aren't the anonymous SA author are you?
While I think the anonymous author raised some interesting questions and
Just another day in the life of arcam...love it. Too bad only put in $1k at 33, could be retired by now. No complaints though. Enjoy all
Wow, i am with you! What I thought might be a dip turned out to only be a pause!
http://mobile.bloomberg.com/news/2013-11-12/ge-printing-engine-fuel-nozzles-propels-6-billion-market.html?cmpid=yhoo
Good article and still rare mainstream mention for arcam. Anyone investing in ge? I have been impressed by their articulation of leadership in this area
Do you think yesterday's run was triggered by people who knew this already? It is true all the 3d stocks were up big, but in arcams case it started yesterday in sweden. That would be my guess. Anyhow, good news.
Will be interesting to see how it plays out today, so far steady. Thinking of buying more if there is a little dip
Stockholm up almost 8%, reason?
Yes, I used google translator (what an awesome program, unreal). I am signed up for arcam updates through their website. They send most in english and swedish (separately, i signed up for both), but this one came only in swedish. I also have used google translator for their website content.
Anyone going to the shareholders meeting?! Little sweden vacation?
Welcome back wallstbull. May part 2 of your ride be just as good
Big news!! 4:1 stick split!
Also permission for issuance of new shares "to give the Board flexibility in efforts to finance and facilitate accelerated expansion and development of the Company, its market and products."
Only wishing i had finished buying back what I sold at 150 because today will probably be the day we break the barrier!
The full release:
NOTICE OF EXTRAORDINARY GENERAL MEETING OF ARCAM AB
Shareholders of Arcam AB (publ), corporate identity number 556539-5356, are hereby invited to an Extraordinary General Meeting on Friday, December 6, 2013 at 16:00, at the company's premises, Krokslätts Factories 27A, Mölndal. Registration for the meeting is between the hours of 15:30 to 16:00.
Shareholders wishing to participate in the Meeting
be registered in their own name (not nominee-registered) in the Euroclear Sweden AB share register by 29 November 2013
notify the company not later than 4 December 2013 at 12:00, at the address Arcam AB, Krokslätts Factories 27A, 431 37 Mölndal, or by fax at 031-710 32 01, or via e-mail carolina@arcam.com.
The number of attending assistants (maximum two) must be notified at the same time.
In the notification, the shareholder shall state personal or corporate, address and telephone number. Shareholders represented by proxy shall produce a written and dated power of attorney, as at the date of the AGM can not be older than five years. Proxy and representative of a legal person shall submit authorization documents prior to the meeting (signed and dated power of attorney and / or current registration certificate).
Shareholders with nominee-registered shares must temporarily re-register their shares in their own name to be entitled to attend the meeting. Such registration must be completed at Euroclear Sweden AB by 29 November 2013 and the nominee must be notified in advance of this date.
Draft Agenda
At an Extraordinary General Meeting, the following matters:
1. Opening of the meeting
2nd Election of Chairman of the Meeting
3rd Preparation and approval of voting list
4. Selection of at least one minutes
5th Ask whether the Meeting has been duly convened
6. Adoption of the agenda
7. Decisions on stock split and amendment of the Articles of Association
8. Decision to authorize the Board to issue new shares, convertible debentures or debentures with warrants.
9. Closing of the meeting
Motions
Decision on reduction of share ("split") of shares and amendment of articles of association (item 7)
The Board of Directors proposes to the AGM in order to achieve the appropriate number of shares, to decide on the split of shares and adopt coherent change in the Articles of Association.
a) Split of shares
The Board proposes that the Meeting in order to achieve the appropriate number of shares, decide on a split of shares 4:1, meaning that 1 (one) share is divided into 4 (four) shares.
b) Amendment of the Articles of Association
In view of the above proposals for split of shares, the Board proposes that § 5 Number of shares, in the present Articles of Association be amended to the following wording
The number of shares shall be not less than 12,000,000 (3,000,000) and a maximum of 48,000,000 (12,000,000).
Decision to authorize the Board to issue new shares, convertible debentures or debentures with warrants (item 8)
The Board proposes that the Meeting authorize the Board, until the next Annual General Meeting, on one or more occasions, to issue new shares, issue of convertible bonds or warrants. The issue shall be made with or without deviation from the shareholders' preferential rights and with or without non-cash, offset, or other terms. The overall increase of the share capital pursuant to the authorization shall not exceed 1 600 000, representing an increase of share capital from the current 16 741 633,50 to a maximum of 18 341 633.50, ie an increase by a maximum of just under 10%. The shares will be issued at the current market price.
This authorization is to give the Board flexibility in efforts to finance and facilitate accelerated expansion and development of the Company, its market and products.
Other Information
Resolution to adopt the points 7 and 8 are valid only if supported by shareholders representing at least two thirds of the votes cast at the meeting at which the shares represented.
Total number of shares and votes in the Company is 4,185,408 at the time of issuing this notice. All shares are of the same kind.
Complete proposal, including background to item 7 will be available to shareholders at the Arcam AB's office, Krokslätts Factories 27A, 431 37 Mölndal, Sweden, and the company's website www.arcam.com, from by 8 November 2013 and will be mailed to the shareholders who so request and state their address.
Shareholders under Chapter 7, § 32 Companies Act (2005:551), the right to the Meeting request information from the Board and CEO of circumstances that may affect items on the agenda and circumstances which may affect the company's financial situation.
Mölndal in November 2013
Arcam AB (publ)
Board of Directors
For further information please contact:
Magnus René, CEO of Arcam AB
Phone: 031 710 32 00 or. mobile: 0702 79 89 99 or E-mail: magnus.rene @ arcam.com
Arcam manufactures equipment directly from digital three-dimensional models produce components from metal powder, known as Additive Manufacturing. Arcam technology, EBM ®, allows for cost-effective production of products with advanced functionality. Arcam's market is global with customers primarily in orthopedic implants and aerospace industries. The company was founded in 1997 and is listed on NASDAQ OMX. Head office and production facilities are located in Mölndal. Service Center in the USA, UK, Italy and China.
________________________________________________________________________________________
Arcam AB • Krokslätts Factories 27A • SE-431 37 Mölndal, Sweden • 46-31-710 32 00 • www.arcam.com
This release was late by Cision
http://news.cision.com/se/arcam/r/kallelse-till-extra-bolagsstamma-i-arcam-ab, c9494404
Thanks for the welcomes and thanks teifals providing the link. Seeing all the 3d companies rise today, many significantly, this was the one piece of news i came across (psuedo-news that is) that seems it could have been at least partially behind the trend. Or perhaps not connected, who knows. Sounds highly questionable if there is any truth behind the rumor. If it turns out totally false might create a nice ddd buying opportunity.
All the 3d stocks up today, do u think source is the ddd acquisition rumor (which very well be false?).
Hi all btw, first post here, been in the arcam boat a long time, sglb just a few weeks and still reading before any more significant buy in.
Wow, yes that was quite a sudden jump at 1. No idea here...
Bought back half of what I sold at 150 at 137, considering buying back the rest...
After the last couple days my gut is that we're going to modulate between 130-150 for a while until there is something significant enough to really break the 150 barrier, namely fast ebm progress or next earnings or a whole bunch more orders. All that barring broader market correction.
For the first time ever, I sold some arcam! Thus far had just kept buying. Sold about 1/4 position at 150 thinking it may pull back to reload. Goes against my entire arcam experience so far, but very happy having watched it grow from 33!
According to fidelity ask price is 142.50!
You know, just another arcam 10% pop for no particular reason...love it. Maybe just people adjusting to earnings. Little pullback, then the optimism returns and people see it as just another dip to buy?
Thanks for the replies, will check those ipo charts. Mainly holding arcam if 3d stocks. Still doesn't get press like others