Don't fall in love with this stock. I am a buyer at 35p. Beware the Results ? |
https://www.northeasttechnologypark.com/post/filtronic-secures-9-million-order-to-boost-spacex-s-starlink-deployment-with-advanced-e-band-sspas |
The results next Tuesday are likely to be better than the figures announced within the interim statement. It’s also likely that the analysts are waiting till then to amend their forecasts.
All looking excellent though.
Cheers |
For the ground stations aiui. All looking good from my stand point. High power, high reliability amplifiers at this part of the radio spectrum is very niche area. |
It will be interesting to see where the price will be come Xmas ! |
Elon Musk is one of the richest people in the world, one of the great bringers of disruption and a renowned long term strategist. Do I think his plan with FTC is to have an influence over the direction of a company that is at present a vital part of the spacex roll out or to make a quick £3m? |
Can anyone confirm my understanding of the warrants?
Seems like FTC are issuing warrants to SpaceX based on orders received. These warrants give SpaceX the chance (but not the obligation) to buy FTC shares at 33p a pop.
So SpaceX now have 8,684,844 warrants to buy 8,684,844 FTC shares which they have not as yet exercised.
I can see conditions against the warranmts on order value and frequency.
Could SpaceX exercise the warrants and then immediately sell the shares? |
FTC is very difficult to trade. It tends to whipsaw over short time periods and the spread can be unpredictable. Much easier to buy and hold imo |
The RNS that I look forward to reading is when the payload unit contract has been awarded. No idea when that will be but it should be a cracker!
Onwards & upwards
Fabulous progress by all at Filtronic. What a transformation that will not have been achieved without an awful lot of hard work etc.!
Cheers |
well that fizzled out fast.. |
No, just me :-) |
PLDT staff can thank Filtronic. I hope they're buying FTC stock |
I'm convinced Musk is going to turn out like a James Bond baddie :o) |
SX need authorisation to roll out the entire 30k satellites, That's my understanding though I'm an amateur so I could be wrong but 30k satellites is a massive increase from current numbers... |
Broker needs to tweak this year's forecasts ! |
'SpaceX has plans for 30,000 Gen2 satellites, on top of the 4,400 Gen1 satellites already authorized by the FCC. '
'SpaceX plans on using E-band spectrum to bolster communications between Starlink satellites and the company's ground stations on Earth.' |
For the uninitiated, are their products in the satellites or the receivers or both?
Have not been able to pin it down from their website. |
 Filtronic plc (AIM: FTC), the designer and manufacturer of products for the aerospace, defence, telecoms infrastructure and critical communications markets, is pleased to announce the receipt of a follow-on production order from SpaceX.
The order is irrevocable, valued at $9m (£7.1m), and represents a continuation of demand for the E-band solid state power amplifier ("SSPA") modules to support the ongoing deployment of SpaceX's Starlink constellation which provides high-speed, low-latency high-speed internet to users all around the world. It is anticipated the order will be fulfilled in the current financial year.
The order has been placed under the framework of the Strategic Partnership, signed in April 2024, with the vesting of a further 2,171,211 share warrants. Under the terms of the agreement, as disclosed in the announcement on 24 April 2024, the Company issued two separate tranches of warrants with this vesting of warrants being part of tranche 1. Tranche 1 relates to the supply of E-band SSPAs with a total of 8,684,844 share warrants now vested to date, representing 4%, of the maximum 5%, of Company's share capital at the time of the signed agreement. |
Just to let shareholders and prospective investors know that Filtronic will be one of the companies discussed on the BASH (Buy, Avoid, Sell, Hold) panel on the MelloMonday webinar on Monday 22nd July 2024, starting at 5pm.
Full Programme:
5:00pm Paul Hill presents ‘Investing in turnarounds’
5:30pm Company presentation from True Royalty
6:10pm Company presentation from Cohort plc
6:40pm Company presentation from AdvancedAdvT plc
7.00pm Company presentation from Time To ACT plc
7:30pm BASH Panel featuring Alan Charlton (SPSY) and Richard Crow (FTC)
Get 50% off your ticket with code MMTADVFN50
More info: |
just to let shareholders and prospective investors know that FILTRONIC will be one of the companies discussed on the BASH (Buy, Avoid, Sell, Hold) panel on the MelloMonday webinar tonight from 5pm.
Full Programme:
5:00pm Paul Hill presents ‘Investing in turnarounds’
5:30pm Company presentation from True Royalty
6:10pm Company presentation from Cohort plc
6:40pm Vin Murria presents AdvancedAdvT results
7:00pm Company presentation from Time To ACT plc
7:30pm BASH Panel
Get 50% off your ticket with code MMTADVFN50
More info: |
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