Filtronic Share Discussion Threads

[rubberbullets] 09/8/2018 11:25

About to go up on level2

People will be chasing this at 28p before long and saying why didn’t I buy that extra 100k be a bit of a bun fight towards 40p

[waspfactory] 09/8/2018 11:19

Bought some more at 14.88p. Massive potential, hope Mrs Dixon doesn't lose her nerve.

[beeks of arabia] 09/8/2018 10:55

Back in these after a sabbatical of 16 years!Anyone still here from the old londonstockexchange forum?

[chestnuts] 09/8/2018 10:09

iPod is

What’s level 2 saying at the moment

Thanks in advance

[onjohn] 09/8/2018 09:15

Mrs Dixon has put her name on the waiting list for a £100m yacht

hxxp://www.superyachts.com/motor-yacht-10490/100m-my-blade.htm




OMG!

[opodio] 09/8/2018 08:24

600pwouldbe supeeerrr


Level 2 firming last chance to buyat 14.75

[pictureframe] 09/8/2018 07:32

An offer of say 30p a share would get you a proiftable business with excellent contracts with major players in their areas of expertise. Someone must be looking at this co.

It would make a vey clean takeover candidate with minimal debt and making profits.

Its a well respected company operating in a sector that's going to have billions of pounds spent on infastrucutre that HAS TO HAPPEN.

If we get a pull back in the shareprice today BUY imo as the is virtually no downside.

[tp6] 08/8/2018 22:30

Many mobile base station rents are worked out on the amount of antennae on the tower structure. There will be a drive to combine and or consolidate this with 5G which should benefit FTC...

[she-ra] 08/8/2018 19:31

rubberbullets - It was a different company then. It did other things. And they then sold off a major business unit and returned funds to shareholders.

Not saying they wont go a lot higher, I suspect they will, but not £6.

[boystown] 08/8/2018 18:06

Value Hound; the biggest turnover in recent years was to the end of May 2013 when sales were £40m. We know this year will be around £24m, but next year and the one after could be significantly higher as 5G rolls out.

If the product is as good as it seems, I would have thought sales of £40-50m could be achieved in a couple of years with pre-tax of around £3-4m, but with lots of further optimism etc., plus all the more 'standard' ongoing business.

If this happens, and there's a reasonable P/E added to the effective net cash figure of roughly £6m (current assets plus a bit of tax credit less all liabilities) then I reckon an overall valuation of up to £50m would be VERY reasonable - giving a share price of 24p. Longer term, who knows? These things tend to get a real head of steam.

We'll know more with the finals a week tomorrow. Much will depend on the outlook - but it will surely be optimistic. I certainly won't be selling any south of 24p.

[chestnuts] 08/8/2018 17:23

Here some articles for 5G it looks like its being pushed quite hard and fast which will be very good for FTC


hxxp://www.alphr.com/technology/1005678/what-is-5g-and-when-is-it-coming-to-the-uk

hxxps://techlector.com/nokia-will-be-the-first-provider-of-5g-technology/


hxxp://fortune.com/2018/08/07/5g-china-verizon-sprint-t-mobile/

[maarleck] 08/8/2018 17:22

It looks like someone’s been building a serious stake in the company over the last few days. People are starting to realise the potential here and what a key player Filtronic is going to be over the coming years. I really think the risk here is being taken out too cheaply.

For that reason I significantly increased my holding today as there’ll be some massive moves up on a daily basis as 5G starts being mentioned more in the coming months.

[rubberbullets] 08/8/2018 17:07

600p was hit on 3G rollout

[pictureframe] 08/8/2018 14:57

Looking at about 10-15% NET profit margin on those products.

[pictureframe] 08/8/2018 14:57

Looking at about 10-15% NET profit margin on those products.

[pictureframe] 08/8/2018 14:41

Big volume again today.

[value hound] 08/8/2018 14:15

I'm trying to get some kind of feel for future sales here.

Given that "Nokia will supply T-Mobile with $3.5 billion of early stage 5G Network Equipment"

and ...

"Filtronic has collaborated with Nokia to develop a massive MIMO (multiple input/multiple output) antenna... The efficiency gains from massive MIMO products provide a compelling business case for Mobile Network Operators and are a major step in the development of dense 5G networks..."

It kind of feels like the sky's the limit and, to be fair to the company, they've been talking about repositioning themselves to take advantage of the 5G roll-out for a while now.

But does anyone have a feel for what's realistic for sales c.two years hence - and what kind of margins we're likely to see? Obviously, this is guesswork, but that's the business we're in as investors.

Declaration: I hold from <10p.

[pictureframe] 08/8/2018 10:07

My concern is Nokia just take us out !

[gingercat1] 08/8/2018 10:07

Reading between the lines and the clues in the last RNS I decided to buy more today.

[chrisdgb] 08/8/2018 10:01

As highlighted previously, confidently expect a push to 50p here but just don't want a 'cheap' takeover.....!

[fillipe] 08/8/2018 09:58

FTC + 11% .... best ask on show is now 15p, as I type.

f

[mesquida] 08/8/2018 09:54

Absolutely right owenski, I never understand why people say they cannot buy any, if you pay a premium you will always be able to buy what you want.