EU launches €10bn space programme to rival Musk’s Starlink |
Having some knowledge as to how these things work, analyst wise, and noting the phrase about pull forward of orders, the estimates for subsequent years won't be bumped up until the company hints that the pulled forward orders for 25/26 have been covered by further wins to cover what might now be a production gap in that year. Also, as an analyst it is better to keep an upgrade later in the financial year up your sleeve rather than putting it all in the shop window right now. Finally, those of us who have followed FTC for long enough have seen these boom-bust cycles on several occasions (although it was for different product suites). |
Agree with last 2 posts. Cavendish PBT 25E £9.6M 26E £7.9M ?????? 🤔 Clown town! |
Management probably telling cavendish not to get carried away on forecasts - but it does become a bit misleading if they intentionally hold forecasts down - if they can get kit actually onto the satellites and retrofit 2025 could be massive |
Crazy that Cavendish have lifted 25 PBT forecast from 7.7m to 9.6m, but left 26 unchanged. I'm wondering in what world does bemand for FTC products accelerate hugely for 3 years and then stop? It feels more like we are on the cusp, and I wouldn't be surprised if FTC had a key role in very sensitive defence niches. |
FTC ooks so cheap if you look forward. Most UK investors don't of course, and therein lies the opportunity. |
Fantastic! |
Filtronic plc (AIM: FTC), the designer and manufacturer of products for the aerospace, defence, space and telecoms infrastructure markets, is pleased to provide the following trading update ahead of reporting its interim results for the six months ended 30 November 2024.
The Group expects to report a strong set of results for the period with significant growth in revenue and profits. Customer demand remains robust with the second half benefitting from pull-forward of customer orders. Consequently, the Board now expects to deliver stronger results for the full year than current market expectations. |
Watched Bond film "Die another day" yesterday.
Certain Musk element there! |
Interesting! |
SpaceX falcon 9 Rocket : launches 22 Starlink satellites.. |
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NYC is York |
Oh, North Yorkshire? |
I think you have got wrong end of the stick, when I said moving in NY to their new UK premises, which is why no news, concentrating on moving and setting up... |
To get big enough to find US attention will require news flow which will mean it will do very well as a UK company. Moving domicile is also bl00dy expensive. |
"Total tiddler by US standards"
It might be right now but that may well not remain the case!!
Cheers |
Total tiddler by US standards, not sure it would attract new interest |
I expect FTC are spending most of there time gearing up for NY move... |
Link to the most recent award.
I cannot see this on the FTC website, wonder why? |
Think we just need some solid news on contracts, price just drifting currently on lack of news. |
With all the awards they are winning, new premises and expanded facilities I'll be amazed if they don't smash expectations going forward. I'd also expect more news soon. IIRC at Mello last month they said FTC was firing on all cylinders, so things look excellent |
I read today that China is also launching their own Starlink system, rocket went up today.... |
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