Surface Transforms Share Discussion Threads

[amt] 15/6/2016 09:09

I haven't checked the report to previous ones but looks promising. Not sure what things will look like in 5 years but turnover of between 10 to 20m looks possible so share price could easily double from here.

[longshanks] 15/6/2016 09:05

I think you have the names right Toffeeman

[albert_einstein] 15/6/2016 08:57

Markets will be poor until and possibly after the Brexit vote.

There are few buyers willing to take speculative punts on any shares at the moment.

[rivaldo] 15/6/2016 08:42

Graham, it'll be a gradual price reaction - and the markets are rubbish at present because of the Euro vote.

Wait until SCE release the name of one of their OEM collaborators. And then another. And another. Accompanied by updates on each of their production programmes.

The institutions have already taken stakes here via the fundraising. As word spreads then others will take toeholds too.

[toffeeman] 15/6/2016 08:40

So do I have this right.....?

OEM 1= A-M
2 = Bentley
3 = Porsche
4 = Audi
5 = Merc

[talkman2] 15/6/2016 08:30

Can't see a real price reaction Graham for at least another 12months . There is no urgency to buy the shares given the lead times involved . It's still a jam tomorrow share . Could be great but a long wait . Can see this drifting back .

[graham1ty] 15/6/2016 08:15

Disappointing price reaction. With all "bluesky" stocks it is seeing if they keep to the programme, and the shares rise as the "gap" between promise and "upside" narrows. There have been no hiccups since the fundraising, so I thought this would rise as the story remains strong, possibly with OEM 5 even stronger ?

[condom2] 15/6/2016 07:49

The potential here is massive,exciting couple of years ahead.

[rivaldo] 15/6/2016 07:45

Given that these revenues are essentially guaranteed given the need for the OEMs to finalise their technical requirements years in advance, I think you'll be pleasantly surprised at how quickly the share price will start to rise in anticipation of those revenues.

[talkman2] 15/6/2016 07:44

The aircraft side looks disappointing with the light aircraft development stalled .

[talkman2] 15/6/2016 07:42

Still another 2 years ( if all goes to plan ) before just the start of meaningful revenues .

[rivaldo] 15/6/2016 07:33

It all reads just fine to me, with revenues increasing nicely and the new premises and OEM programmes on target.

Interesting that £3m of pre-production revenues are expected in 2018 from OEM3 - this is not that far away now. And revised annual revenues from this contract are now higher than previously forecast, at £10m-£12m.

Plus OEM5 have accelerated activity, presumably with awareness of what their German competitor is doing with SCE.

The m/cap here is still only £14M.

[graham1ty] 15/6/2016 07:30

Very good RNS with admirable amount of detail, even if not actually names. "Significant acceleration in the pace of implementation". Am I reading too much into it, but it appears as if there is some competitive tension between the OEMs to get the discs ?

[regandharry5] 15/6/2016 07:23

Yes, Jam tomorrow type of RNS, but all positive.

[talkman2] 15/6/2016 07:21

Have we actually got any signed contracts yet ? Looks like we won't get any concrete news ( OEM companies and car models ) for sometime yet . All sounds bullish in theory but still a long wait .

[longshanks] 15/6/2016 07:14

Good call regandharry.Very encouraging to see the bullish language continuing and with more detailed projected sales info (albeit mostly commencing 2 years hence).

[regandharry5] 14/6/2016 15:38

I see we got a trading statement on the 12th June last year, so perhaps something soon.

[cougar99] 10/6/2016 18:05

In that case one might say that the management have to release the brakes and get speeding otherwise it'll be cold turkey for Christmas .....

[pugugly] 10/6/2016 16:40

rivaldo_ (imo) the buyer has a rubbish broker - !! The real traction here is like watching old style paint dry !!

Once (and if or when) contracts announced there will be (or should be) significant upside - They ought to be fully funded.

BUT if no contracts announced by say Christmas reverse will (imo) be true and risk/reward will have flipped to the risk side.

We just have to have faith in the team to deliver -

[rivaldo] 10/6/2016 15:21

Encouraging to see a 30k buy at 17.62p today, above the published 17.5p full offer price.

[cougar99] 09/6/2016 08:35

Good .... perhaps next they'll have a website in American as well :-)

[rivaldo] 09/6/2016 07:31

News that SCE have launched a German-language web site is presumably a clue to future OEM developments.....

[toffeeman] 08/6/2016 10:57

From the buyer (manufacturer) perspective, SCE brakes are a very small cog in a big wheel (sic) which will add (optional) cost to the vehicle. In the current downturn for expensive motor vehicle frippery I would not be surprised to see such smaller projects delayed. Which manufacturer wants to add cost and more uncertainty to uncertainty?

I am, of course, happy to be proved wrong.

[regandharry5] 08/6/2016 10:42

As long as it's a "game changer", I don't mind the wait.

[quemaster] 07/6/2016 18:35

They have given us information regarding potential volumes of sales and time frames for the 5 OEMs in the past 12 months, so hopefully it's now just a case of waiting for the official announcements.