Surface Transforms Share Discussion Threads

[longshanks] 13/7/2016 14:47

Hi spookies - welcome to the board: we seem to be gathering a lot of new faces here.

[spookies] 13/7/2016 08:45

In for another 10k.

[goldfinger_1964] 12/7/2016 17:10

Apologies as this is off topic and directed to ZENGAS
Hope you are keeping good Zengas, i was hoping you could run some figures for us on TLOU
Please do pop in and give us some of your time, it's most appreciated.

Best Seth

[longshanks] 12/7/2016 13:49

Can now buy 150,000 at 20.4p...

Bid limits have tightened - but the MMs are happy to pay 19.97 for 25,000.

[regandharry5] 12/7/2016 13:29

Can't remember the last time these shares were this tight,onwards and upwards hopefully.

[wednesday6] 12/7/2016 13:26

Just bought another 5000 good luck everyone

[longshanks] 12/7/2016 13:23

The trades of 40,000 and 25,000 look like orders opened yesterday that were filled/reported today: both at a premium to the market.

Offer then increased to 20p but the online limits remain very tight with only 10 (yes 10) shares available on the offer!!

Looks primed for further moves back into the mid-20's where the price was before the placing became common knowledge.

[longshanks] 12/7/2016 12:57

I love a cup of Darjeeling.Generally I don't ever like share prices that "gap up": there is an implicit threat that the gap will be filled.However, there is a very likely scenario that the price gapped up for good reason yesterday.Positive news flow is likely over the next few months coupled with a hopefully smooth transition into the new manufacturing site. The smart money is buying in now from the look of it.

[rivaldo] 12/7/2016 11:32

Nice 100,000 share buy at 19.45p just reported.

[timbo003] 12/7/2016 10:33

One for the tea leaf readers

[longshanks] 12/7/2016 08:06

Good link Bdaonion. It does dismiss the likelihood that the car will use carbon ceramic brakes as you say.If this is to be a road legal car though, I think the plan may have to be revised; Carbon-carbon brakes only start working effectively once heated.The video also says that much of the vehicle is still veiled in secrecy.

[rivaldo] 11/7/2016 23:10

Article about SCE here with a brief analyst quote as follows:

Http ://www.proactiveinvestors.co.uk/companies/news/128037/surface-transforms-signs-up-with-german-car-manufacturer-128037.html?utm_source=Sign-Up.to&utm_medium=email&utm_campaign=7163-354316-PROACTIVITY+-+Sound+Energy+boosted+by+positive+Tendrara+results

""If this goes through to production (which in our view is likely), it will absorb circa three quarters of the capacity of the new factory that is currently being built, raising the prospect that the capacity of this factory could be fully booked before it is even completed. We continue to like this exciting growth story and retain our 25p price target," said analysts at finnCap."

[bdaonion] 11/7/2016 20:16

From this review, the brakes are said to be F1 carbon/carbon, not carbon ceramic so it would appear that this is not the model I referred to in post 1819. Oh well back to the waiting game.

[zengas] 11/7/2016 12:54

Thanks rivaldo for confirming the 40p target.

[rivaldo] 11/7/2016 12:49

The 40p target from Cantor is indeed correct.

It's obvious that these web sites are completely automated purely to generate hits, so much of the surrounding info is irrelevant - but they are very useful for providing up to date info on new broker upgrades, price targets etc.

[zengas] 11/7/2016 12:30

Target might be correct but the risersandfallers.com website is woeful for correct info and research.


Published On: Mon, Jul 11th, 2016
Stocks | By Sylvia Delisle

Surface Transforms PLC has 53,183,000 shares in issue which have a share price of 19.06 giving Surface Transforms PLC a market capitalisation of 10.13M GBp

"About Us

Risers and Fallers is an online news company based in the UK focused on covering the most important business and finance news.
Our writers are committed to covering stories that matter to our readers including breaking news which can help you understand the current business and financial markets. We aim to seek out news that you sometimes cannot find elsewhere with the focus of giving our readers knowledge of the markets and economy on a day to day basis".

You can say that again !

[rivaldo] 11/7/2016 11:36

Cantor Fitzgerald retain their Buy and 40p target for SCE:

[bdaonion] 11/7/2016 10:37

If this is OEM #3, then similar announcements for #2 and #4 may not be far away as they are connected. If the estimates of future revenue for those 3 are correct they will take up the capacity of the new factory. Backs up Longshanks' comment about another factory, and location, or at least an expansion at the new location.

[longshanks] 11/7/2016 10:33

It isn't clear, but I read it that the "once-off" overheads cost of £200k would only arise following the agreement of a production contract.Additionally They mention that they expect minimal sales immediately after signing the contract in the "2016/17" period. It may be wrong, but I read this as hinting that we are currently on target to sign the production contract within the next 6 months.

[albert_einstein] 11/7/2016 10:04

Presumably the 200k one-off costs as a result of a change to operating procedures is at the request of the german Company and thus a sign that they are very serious about the alliance.

[backwoodsman] 11/7/2016 09:55

I think it is fair to highlight the additional - one-off - £200k costs in the short term against meagre early revenues if a contract is signed. It's like a business studies exam question on NPV. From our - gambling - point of view there are all sorts of uncertainties and trust in management but potentially high rewards. It's been a long slog but we seem closer than we were some years ago when the share price peaked at 26p.

[hitch19] 11/7/2016 09:46

P.......2 trades and up 11.6%. MM's taking advantage.

[albert_einstein] 11/7/2016 09:23

So, in essence, this deal is potentially massive and game-changing but we can't make any assumptions yet because it is still a pre-production agreement and it could still go pear-shaped because there are some technical and production hurdles to be overcome before the german Company makes its final decision.

Is that how it should be read at this stage.

[toffeeman] 11/7/2016 09:23

Why the coyness:

15 Jun'16 - 08:40 - 1768 of 1843 1 0 edit

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

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