Filtronic Share Discussion Threads

[dlku] 28/7/2016 13:34

You buying CAKE again Nw

[nw99] 28/7/2016 12:30

Buy here huge laggard

[johnv] 28/7/2016 10:42

From a chart point of view, I feel this is about to rise

[fillipe] 28/7/2016 10:18

Thanks Peter - I'd felt that might be the case from the length of time showing for an improvement in the bottom line. But, I could only go off the eps and £profit, plus the Tp figure, as I don't have access to the full PG forecast.

I do see they are up almost 9% this morning and the shares are being quite well snapped up.

I do have a large holding here, including mainly heavy over-allocation of their offer, which thankfully worked out well.....phew!

f

[angus17] 28/7/2016 06:22

how about a new contract announcement before results next Tuesday?

Good article in Yorkshire Post on FTC a couple of days ago

[petersinthemarket] 27/7/2016 15:08

If i remember right, that 24p target may be a longish way off as I seem to recall it was estimated for end of FnYr 2016/17. Correct me if I'm wrong.

[aishah] 27/7/2016 14:35

Techinvest Special Situations Fund added last month:

Recent activity includes an addition to the Fund’s holding of Filtronic, a UK-based provider of RF, microwave and millimetre wave components and subsys
tems used in wireless communications equipment. A business update, for the year ended 31 May 2016, highlighted a particularly strong second half which suggests that trading momentum is building. Some uncertainty around the forward order book
has been resolved, especially within the Wireless division, and the improved sales demand provides an encouraging outlook for the current financial year.

CRNT has been on fire recently on Nasdaq.

[fillipe] 27/7/2016 11:30

I'd missed that Panmure Gordon 20-6-16 ....Buy (Upgrades), with New Tp of 24p.

Looking vg value at the present lowly 10.50p ask.

f

[abarclay] 01/7/2016 10:23

looking good

[techno20] 22/6/2016 21:55

Very upbeat piece below from Northern Echo....


TRAVELLERS’ demand for internet access could propel a technology firm to new levels, its boss has revealed.

Filtronic says clamour for Wifi on aeroplanes and trains presents an opportunity to strengthen its market presence.

The company, based at NetPark, in Sedgefield, County Durham, is known for e-band transceivers, which increase the amount of data phone networks can carry.

Rob Smith, chief executive, told The Northern Echo the travel sector is becoming an increasingly attractive area as operators seek to satisfy commuters’ and holidaymakers’ online fix.


He also highlighted its Orpheus transceiver, which is crafted in Sedgefield, as a key driver for such work.

He said: “Demand is now being seen for people having high-speed internet on planes and some airlines are opening it up to see if they can use Wifi, but it is fairly limited.

“However, we know a number of aircraft makers are looking at bringing the capability in and there are opportunities there.

“The internet on trains is not a satisfying experience because if everyone uses the internet at once you fill the cell site.

“(To use the internet or watch videos) you need high-speed transceivers and high-speed capacity and that is where Orpheus comes in.

“It is an absolutely superb product for that application.”

Mr Smith was speaking after Filtronic, which employs 65 people at Sedgefield, revealed full-year revenues stood at £13.6m for the period to May 31.

Although down on a year ago, Mr Smith said the business had made good progress, adding it had recovered from a difficult time when bosses were forced to make redundancies after poor demand and product delays hit performance.

He also revealed it had sent more than 1,500 examples of its Orpheus product to a customer since its launch in November last year, and conformed more than 150 test units are now with companies across the telecoms and aerospace sectors.

Mr Smith added: “The thing that gave us hope throughout it all was that we were getting positive noises coming out of customers.


“That has started translating into orders.

“We have put in a lot of hard work and there’s more to be done, but we are seeing good opportunities with broadband.

“We are seeing a much wider spectrum of potential customers and that will benefit what we are doing in Sedgefield.

“By the end of this month there will be about 150 samples delivered and each of them is a salesman out in the field working for us.

“Once people have got the product in their hands, they can see how good it is.”

Earlier this year, Filtronic revealed a lucrative deal to help a US customer extend transmission of high-capacity telecoms data over a 12-mile range with Orpheus.

It is also working with a European customer on antennas, which are used to increase the performance of mobile phone masts.

Filtronic has been based at NetPark after leaving the former RFMD microelectronics plant, in Newton Aycliffe, County Durham, when the US firm departed the North-East.

[fillipe] 20/6/2016 11:35

For interest, a 250k lot just gone through @ 11.15p at 1116 hrs.

f

[hastings] 20/6/2016 10:46

May be of interest to others taking a look.

[albanyvillas] 20/6/2016 10:40

WORMTASTIC

[knighty0001] 20/6/2016 10:23

The worm has turned

[angus17] 20/6/2016 08:49

a better market reaction than I had expected having read the RNS.

The positives: Looks like they might manage on existing funds to complete big new contracts. There were big doubts over whether extra funds would be required.

negatives: issues in setting up production line and low margins. Positives. Now sorted to a degree. See my previous posts on whether company too focused on sales and not profit margins.

[brewsters_millions] 20/6/2016 07:37

This stock is looking like a fantastic recovery stock.Great to see orders and growth.Second half of year looks so strong and will no doubt continue and multiply.

[nw99] 20/6/2016 07:27

Cracking update and orders flooding in

[brewsters_millions] 17/6/2016 15:48

I don't know about that.....It only takes about £5k worth of share purchase for the MMs to take it up.Both times I have bought they have moved the SPToday's sells have been absorbed well....Hardly a tick downAnytime an update should be announced by month end and hopefully we will see new highs

[pippin6] 17/6/2016 15:24

Aberforth were but I'm not sure if they've finished. After watching this for 2 months on a daily basis it's become apparent that the market makers have more stock than they need.

[brewsters_millions] 17/6/2016 15:18

Who is off loading?

[pippin6] 17/6/2016 14:31

It is definitely, but there is a bit of an overhang of stock at present.

[brewsters_millions] 17/6/2016 11:11

This one really is off the radar.Once investors latch onto what is brewing here this will really move fast.Small free float and an excellent recovery play.