Surface Transforms Share Discussion Threads

[longshanks] 26/1/2017 13:20

Managed to pick up another 25K at 22p - shown as a SELL

[longshanks] 26/1/2017 12:56

Looks like the lease on the old premises has been passed on:

hxxp://www.movehut.co.uk/property/11731-unit-4-olympic-park-poole-hall-road-ellesmere-port-cheshire/

I presume they are still completing the move but we should get an update in due course.

[robinbell] 18/1/2017 21:28

Original press release said first deliveries in 2018

hxxp://www.astonmartin.com/en/live/news/2016/07/05/aston-martin-and-red-bull-racing-unveil-radical-am-rb-001-hypercar

Most recent articles agree with you as 2019.

It is expected to make its global motor show debut at the Canadian International Autoshow in Toronto with the press day on 16th February.

[longshanks] 18/1/2017 16:27

It is handy your initials coincide with those of "Red Bull" - worth a shot...

The RB-001 is scheduled for delivery in 2019. I am sure there will be other special editions for 2017 and 2018.

[robinbell] 18/1/2017 14:55

I thought the brakes were destined for the AM-RB 001.

[longshanks] 18/1/2017 14:48

My expectation is that SCE's first direct involvement with A-M will be in a special edition model with ST brakes as standard.

In the last two years A-M have made two press releases:

18.02.2015 - 100 x Vantage GT12 (Gaydon)
15.04.2016 - 150 x Vantage GT8

One would expect an announcement to come out in the next few months on this years special edition. Any guesses? 200 x Vantage ST12 (Knowsley) perhaps...

[longshanks] 18/1/2017 14:37

I think it would be rather presumptive for A-M to offer SCE brakes as an option when they have no OEM contract with them.

By the time the contract is signed later this year (he says hopefully), perhaps A-M will have a better configurator in place showcasing the superior benefits of SCE's branded rotors.

[toffeeman] 18/1/2017 13:35

Yep L-S but from what I could divine SCE is not a configuation option.

[toffeeman] 12/1/2017 12:50

Has anyone tried the A-M configurator to see the brake options?

[bdaonion] 11/1/2017 15:33

The website is also showing a few changes to the distributor list. An additional distributor in the UK, a distributor in Czech and the one in Italy deleted.

[longshanks] 06/1/2017 19:21

Change of registered address to that of the new factory: looks like the move is pretty much complete.

[rivaldo] 28/12/2016 07:42

I got a news alert re SCE's AGM presentation from late November, so I'm not sure whether this means it's newly up or not. Anyway, here it is FYI:

[longshanks] 24/12/2016 19:37

Merry Christmas all

[toffeeman] 21/12/2016 07:32

1. I hold
2. The share price performance is indicative of the risks associated with OEMs delaying or not proceeding to production contracts and when and if one firms (sic) up we will see significant gains, but not until.

AMIO

[graham1ty] 21/12/2016 02:44

Really disappointing to have SCE below the level of a year ago. There has been so much progress in derisking the business, none of the OEMs have gone away, the new plant is getting fitted out. Money has been raised and the balance sheet looks strong enough to get them to production.

It has been a bit volatile, on not much volume, and maybe a few placees at 16p have taken some profit.. However, had hoped one or other of the new instos might have picked up stock after the trading statement ( which contained nothing new).

Good luck all in 2017

[longshanks] 08/12/2016 23:38

Apologies if you thought I was mislabelling your comments, Swiss Paul. That wasn't the intention.Clearly there are some loose ends that need to be tidied up but I can say that they were very candid at the AGM about how they were managing risk: giving some very specific examples. Both David Bundred and Richard Gledhill have run successful manufacturing businesses. They really know how to drive a business through the tricky stages of growth. Rest assured we have a quality enterprise developing in Surface Transforms.

[swiss paul] 08/12/2016 20:10

Gents,
please don't put words in my mouth. Snake oil salesmen - that is taking the biscuit.
Yes I have also met the board and found them to be very affable people, but as I stated - don't believe everything you read - and please don't polish it up.

I am hoping to be a stopped clock on this one as I did allude to some issues in my previous post - have a look back at points 2&3.

I still hold and like yourselves will add, but I would like to see the process more mature before committing more.

Best of luck to all - especially those at SCE

[markm1980] 08/12/2016 14:29

Senior management needs to deliver strongly in the first two quarters of next year - getting the new factory operational, completing the technical standard requirements and then actually signing some OEM contracts. Otherwise we will be facing higher cash burn and the likelihood of another fundraising. The pressure is on them to deliver.

[graham1ty] 08/12/2016 10:53

Longshanks. Agree with all of that, nothing has changed and there was nothing new in the RNS. I do not want SCE to be a volatile stock or a speculators or trading stock. Slow, slow, steady progress until the game changer. That is what we want.

[longshanks] 08/12/2016 08:47

The market game does unfortunately involve smoke and mirrors.I genuinely don't believe anything has changed with this update. Prices cycle and we are currently in a consolidation phase pending the award of a game changer contract. The market is simply exploiting the impatience of some investors and perhaps encouraging the emergence of traders to give the stock greater liquidity.If you believe the story then it is just a matter of holding on in there - tough as that may be on the nerves.

[graham1ty] 08/12/2016 08:36

Longshanks, what is annoying is this was all avoidable if it had been handled better and explained at the AGM.now the share price is below where it was at the start of the year, despite the fundraiser, the factory and production one year closer. This is derisking all the time, yet now below the share price of a year ago. Patience,is required and we have to trust they can deliver. Share price volatility makes it appear high risk and a trading share, which it is certainly not.

[longshanks] 08/12/2016 08:32

Marked down for a reason: the "market" thinks people will sell and perhaps they want to encourage that.Truth is that there is nothing "new" in this over and above what I reported back from the AGM.When I said I plan to buy on weakness, that was because I expect the price to be soft over the next 3-6 months. Nothing we can do about that but the fact that an aerospace or automotive OEM deal could surface any time and immediately dry up any available stock makes this a "no-trading" share for me.The military "airframe 1" supply contract will be signed soon IMO. I imagine the current political transition in the US may hold up that decision a while, but as this is a "must have" brake and there are no other alternatives for this particular aircraft, I know it will happen. A secure long term contract for a $1.4m p.a. supply contract will be transformational.

[tini5] 08/12/2016 08:26

Wish I waited to buy in, I was in when this was 28. Ah well. Patience rarely goes unrewarded with investing...