Filtronic Share Discussion Threads

[mesquida] 25/10/2018 16:18

Yes, thank you indeed, gerihatrick.

[tini5] 25/10/2018 16:08

Thanks for taking the time to feed back from the AGM gerihatrick.

[yump] 25/10/2018 16:00

growthinvestor2001

I missed that thanks. Whether SCSW is enough to send it up that much I doubt, as the drop implies it was traders + just not enough free shares out there, unless the readers of SCSW have changed a lot over the years !

I guess the shrewd ones would have been buying at 12-13p when it appeared to have bottomed and the p/e was likely to be only around 10, with the 5G story in for free.

[gerihatrick] 25/10/2018 15:49

my AGM comments! I was in early and had the opportunity to meet the new US based sales director-Walter. I was impressed. The reason he joined was that he liked the people; he liked their long term strategic vision for the company, and feels the technology has a real future. I then had a chance to speak to AJ-the UK based marketing man-clearly as his eye on the ball and knows how to use all the tools to get the company message across. I also met Ruth-charming lady who is the PA to the senior management team. I came away feeling I could work with all of them. After the meeting the CEO spent time answering my queries-I appreciated that-only 3 individual shareholders were present! He felt that the Nokia RNS may have added to the share price fall due to the fact they are making cutbacks and revenue overall was down. From my perspective I was looking more at their 5G aspirations. Yes-Nokia have 2 suppliers but confident of their own IP within their antennae plus their ability to adapt quickly as technology demands moving to 5G. At the top end frequencies the manufacturing process is different and they will adjust accordingly due to their expertise. All manufacturing is done in China-the difference is between foreign owned and controlled companies as opposed to Chinese owned and controlled. The US has had this control in place since 2012-it is not new but it is more topical at present. The Sedgefield facility is working 24/7 so clearly busy! They are predicting t/o of £25m and PTP of £1.6m-being conservative due to the unknowns in relation to the legacy products decreasing and the new products being taken up.

[investordave] 25/10/2018 15:37

I doubt it. Not a good day today but as a long term holder just see this as a minor blip.

[mad foetus] 25/10/2018 15:33

About to blow?

[thecitybiz] 25/10/2018 14:30

Lots of contracts won recently

2 x Nokia orders for antennae

1x order for radars for missiles

Looks hot to me.adding

[volsung] 25/10/2018 14:29

I’ll still pop in toby. I was promoting a top-up because of the abrupt change in trend in the last few months but that was in a bullish market. 5g will happen and I’m sure FTC will profit from it.

[toby hall] 25/10/2018 14:23

volsung, I misread part of your post,
However that doesn't alter the fact that FTC has been in a long term uptrend.
I hope your charts are working for you, as you were promoting a top up here 02 October. There was a tentative sell signal 28 Sept, confirmed 01 October.

Irrelevant, as I'm sure you're gone now anyway.

[growthinvestor2001] 25/10/2018 14:10

The reason this share jumped recently was because it was tipped in Small Company Share Watch and put in its current portfolio. I'm sure before this it was not on so many investors radars.

[volsung] 25/10/2018 13:49

I use the market watch charts 2 yearly with weekly intervals toby. They quite clearly show the 200 week ema above the 20 week and 50 week. They could be wrong although I would doubt it. The trend on the daily emas only changed a few months ago after a period of long decline.

[toby hall] 25/10/2018 13:41

volsung, sorry to have missed you now that you've moved on. Maybe your chart program needs updating.
FTC has been in an UP trend on the weekly since the middle of 2015
and above the 50 dma since 2016
and the 200 dma since August of this year.
I am sure it was just a simple genuine mistake on your part and that there was no mischievous intention at all,
Looks like a buy at this price, with the market happy to relieve you of your unwanted shares

[volsung] 25/10/2018 13:40

InvestorD I was in conversation with a few people on the thread previously. Today was a continuation of that. The problem with single stock bbs generally is that they can become an echo chamber for holders who just want confirmation for their particular bias. That doesn’t really help anyone.

[brucie5] 25/10/2018 13:35

Brave man, Beeks. I had to halve my holding this morning, though I don't like doing so. My remnant is still 15% ahead and I shall be watching closely. I have taken a lot of my money off the table across the piece this morning, while I try to get a sense of whether there is actually a safe sector to be in. My sense is that this morning was an overreaction, but sentiment is very weak for tech at the moment.

[beeks of arabia] 25/10/2018 13:31

Yes, the modern day short term profit traders can easily decimate a share price. Doesn't matter the quality of the company. However FTC don't help themselves with their neutral standpoint! They really need to start singing the praises - no one wants a ramptastic style update, however the wording was so cautious as to invite a price decline. You have to wonder why that was?My pound for 20 odd pence analogy still holding true, just a little more mispriced :)I bought more today.

[corrientes] 25/10/2018 13:28

Talk it up when its up and talk it down when its down. No wonder most lose with the herd instinct.

[corrientes] 25/10/2018 13:28

Talk it up when its up and talk it down when its down. No wonder most lose with the herd instinct.

[investordave] 25/10/2018 13:18

You're right. Depressingly the penny share mentality of most PIs still appears to be rife.

[investordave] 25/10/2018 13:12

A lot of people seem keen to talk the share down today. I wonder why? Either they are short or they want to get in at a lower price. Otherwise why the hell do they post on this board?

[investordave] 25/10/2018 12:58

So why are you still here then?

[volsung] 25/10/2018 12:31

Tbh FTC was a buy when there was bull momentum in the market. That is why I got in. However it was always in a downward trend on the weekly charts. It was never able to get even a 20 week cross over the 200 week ema. Don't think I'd want it now unless it broke that 200week ema which seems unlikely in this market.

[owenski] 25/10/2018 12:17

Ramped and chased up, now reality has come home to roost. As said earlier, I saw nought in that TU that encouraged me to buy.

[yump] 25/10/2018 11:48

Does anyone know why it flew up ? I've been following but not closely.