Filtronic Share Discussion Threads

[john09] 02/2/2018 11:03

A bit of life anyway in the share price. SCSW our tomorrow . Maybe Techivest too can’t recall? Although I doubt the news from 30th will make the print run but let’s see

[rogerrail] 02/2/2018 09:37

Yes it will be massive!, all the big telecoms operators have plans to start 5G roll out by the end of this year.

perhaps a clue to the work FTC is involved with:

"As for Sprint, it's eyeing an early 2019 rollout on millimeter wave spectrum, though that carrier is currently building out its network capacity and boosting LTE speeds with Massive MIMO, or the use of multiple transmit and receive antennas at a base station to increase capacity. That will lay the groundwork for 5G deployment in 2019".

further details here

[john09] 01/2/2018 15:40

Haha. This 5G news in the US is huge . Current revenues moving back a bit - who cares

[opodio] 31/1/2018 14:25

forecast cut by 70% to 0.4p. overpriced

[b1ggles] 31/1/2018 11:26

Everybody's hoping for something. Just exactly what are you hoping for?

[lucicavi] 31/1/2018 09:36

Many will be just hoping to break even here, that creates overhead supply

[john09] 30/1/2018 19:36

So this massive mimo 5G antennae for a major US / global telecom. Is big new eh? Sadly lost in the malaise today

[davebowler] 30/1/2018 17:38

Courtesey of RogerRail on the IQE thread;
Anyone convinced of the huge potential of 5G may consider that after today's results announcement which though a profit warning was no surprise and more or less a repeat of the recent trading update, FTC share price is now at good entry point. The slippage in the ramp up of the £4.8m defense contract for broadband equipment which caused the share price to fall will correct itself in due course and there is the strong likelihood that further orders will come through for this product due to increased order wins by the end customer.

Additionally a couple of potentially lucrative developments in the Antenna space have been announced today:

"As part of our strategy to engage with mobile network operators ("MNOs") we are pleased to report that we have now been approved as one of the vendors of a major US MNO for a "5G evolution" antenna. Having only recently been advised of our approval, it will take some time to work with our client's regional network planning teams and installers before we can determine our likely volume and value allocations and before any firm orders are received. This particular product has been developed to meet the MNO's specification and uses licensed assisted access ("LAA") frequencies as well as licensed high band spectrum. These frequencies are utilised by a number of MNOs and OEMs and we therefore anticipate that this achievement will open up further opportunities for other variants in due course.

In addition to our work to secure new customers, we continue to develop opportunities with our existing OEM clients and we are particularly pleased to report that we have been awarded a development contract for a high band Massive MIMO antenna. The development road map contains some aggressive timescales for delivery and is a technically challenging product to develop but we are pleased to report that we are currently on track to meet these goals. This project is strategically significant to both us and our OEM customer as it enables MNOs to significantly increase capacity within their networks at spectrums for which they already hold licences by deploying 3D beamforming techniques. This ability to steer beams to individual devices is a fundamental technique that will be required under the much higher frequencies proposed for 5G networks. Whilst there is no assurance that this development contract will convert to a volume production contract we are optimistic that initial production orders will be received in FY2019.

Filtronic has a strong technology proposition for 5G. Our knowledge of network access products, both filtering and antennas and our know-how of mmWave products and manufacturing techniques are key, as is our relationship with the leading OEMs. We are now aligning our technology and sales teams so that we can leverage these strengths, to secure a strong position in the nascent 5G technology market. In support of this strategy we recently partnered with the University of Surrey's 5G Innovation Centre in order to align our activities with world leading academic research".

[lucicavi] 30/1/2018 14:59

crystallise losses johnson

depreciating assets

[john09] 30/1/2018 13:55

Luca / NW99 is on his lunch break from the Tesco Checkouts!

[lucicavi] 30/1/2018 13:05

Jonny u got proper losses on ultimate and now this

U going to cash the giro to stem the losses hunny?

[lucicavi] 30/1/2018 13:04

Massive forecast downgrade to loss

[john09] 30/1/2018 10:22

Done what ? Someone’s riled LOOOOOOOL

[john09] 30/1/2018 10:05

Btw if you can see an order for another 150,000 at 9 pence on the order book it’s mine. Just put the order in

If you can see an order for 10,000 at 4p it’s probably Nw99 / Luca lMAO

[lucicavi] 30/1/2018 10:03

Loving this move on GMD

[pictureframe] 30/1/2018 10:02

Agreed , still profitable , no debt , good cash flow. 5G is the story here.

[lucicavi] 30/1/2018 09:57

GMD is going up mate.GMD is in fact on fire mate!!!

lifes too short to hold a depreciating asset like FTC

[john09] 30/1/2018 09:28

I love that you are pretending you have only just bought GMD lol. Such a child Walter Mitty

[lucicavi] 30/1/2018 09:26

had your bum goodishly smacked here though mate

[john09] 30/1/2018 09:25

Sorry if im busy over at ALT counting my profits - a little disctracted

[john09] 30/1/2018 09:24

Im not sure the MM will move this down to 5p for you lucicavi so you can buy your susal £500 worth.

If FTC is so bad maybe go elsewhere :-) whats that? you want FTC badly and youre trying to talk it down? lol

[lucicavi] 30/1/2018 09:20

FTC news abridged for johnson



· Revenue plunges from £21.6m to £12.8m


volume orders has been slower than anticipated. As a consequence, we now anticipate a 2nd half performance broadly similar to our 1st half performance, with further growth being pushed into FY2019."


PROFIT WARNING

5p here we come johnson