Filtronic Share Discussion Threads

[gerihatrick] 19/12/2018 15:00

my understanding of things (from my tech expert-he may be wrong) is that the end customer has told Nokia that they are going to use the existing spectrum hardware of their proposed acquisition-which happens to be a different technology. There are 2 main approaches-one is having 2 frequencies-one for transmission and one for reception. That is what the majority of the market uses and what FTC bases its antennae on. The other is time based antennae-a split second of transmission and then a spilt second of reception. That is what the acquisition probably uses and because it is so expensive the purchasing company has decided to stick with that rather than spend money using Nokia and hence us. While this is a major short term setback it does not mean we are dead/finished with this approach but any orders will not be in the realms we were hoping. In light of the current situation I am sure FTC will want to maximise their investment in mMIMO and will be working out what to do next. I hope we will get an idea on that in their next results update due at the end of January. In the meantime the defence sector contracts are steady and long term so we are not dead yet. I have decided to hold and see how things unfold. Today's market response suggests the reaction to the RNS may be an over-reaction-which s often the case-or may lead to running out of cash-also possible!

[teddy boy1] 19/12/2018 14:56

All the trades at 14.30 and 14.31 P M which are shown as sells are in actual fact BUYS

[tomboyb] 19/12/2018 14:52

For me 7.5p-8.0p till year end seem plausible and i'd be happy with that -

[beeks of arabia] 19/12/2018 14:44

How very true. I can't think of many people who thought we would be down here at Xmas time. 40p was on the cards before the company put the brakes on.

[king 786] 19/12/2018 14:39

maybe you are right, but then this is AIM anything is possible
:-)

[tomboyb] 19/12/2018 14:25

I was thinking more along the lines of 7-8p -

But good luck -

[king 786] 19/12/2018 14:03

hopefully will see a strong finish, nice buy volume (expecting
delayed sell volume later) time for a retrace should be trading
between 11-12p before end of 2018

[beeks of arabia] 19/12/2018 13:44

On the plus side, this drop has flushed out all the ramping fools :)

Although i'd rather it was back at 400% the current price and listen to them, to be honest.

Seems to be going the right way today.

[bazworth] 19/12/2018 09:36

I have read the statement numerous times and see it as positive other than mMimo & that is certainly not dead in the water. Clearly, we all hold our own views and only time will tell......!

[bookbroker] 19/12/2018 09:06

When they state they have capitalised the full value of the development costs it suggests they are no longer pursuing a role within that business, and writing off the investment it suggests little role within that industry, certainly for the time being. Cash control becoming the key to the future of FTC!

[pictureframe] 19/12/2018 09:02

I removed some of the post because when I read it back it was geared towards my own view and I though it was unfair to leave it.

I don't think they will go under and in general I felt the management have been good at keeping the ship steady which is why I invested. They have just dropped the ball big time recently and I cant see where the growth is coming from.

Good luck

[beeks of arabia] 19/12/2018 08:58

It's hard to respond when you edit your post :)It's quite obvious they aren't the only developers of 5g equipment.

[pictureframe] 19/12/2018 08:21

Your interpretation of the below is clearly different to mine

Our predominant OEM customer, with whom we had closely collaborated in the development of this product range, has now significantly lowered its forecast demand below that which it had previously provided, having itself been advised that its lead client is now looking to deploy different frequencies to those it had originally indicated. As a consequence of this lower demand and the uncertainty it brings, the Board has decided to impair fully the net book value of the capitalised development costs of GBP0.5m relating to the development of mMIMO in its half year results.

[pictureframe] 19/12/2018 07:49

Clearly they are not the only one's providing 5g tech.

[angus17] 19/12/2018 07:36

Right decision made.

Buying another shed load today.

Company is a leader in the technology and they will get 5g sorted. That's that.

[beeks of arabia] 19/12/2018 05:52

Of course, without further news either way, this becomes the realm of traders - the background noise of the company going about its core business and winning contracts is irrelevant.

[pictureframe] 18/12/2018 18:59

Plus the fact they must have known about before the results...

[bookbroker] 18/12/2018 18:31

I smell a rat here, the fact that the company was developing masts with the wrong frequency appears too ridiculous to be true, somewhere they have not been upfront with that explanation, the OEM would have informed this company with the necessary requirements, so why last weeks humdinger!

[pictureframe] 18/12/2018 17:53

Given the volume you have a major shareholder dumping imo

[volsung] 18/12/2018 17:45

Just last week this Pos was around 18p. No hope for it now

[1crackupboom] 18/12/2018 16:29

You have to ask what anything is worth on aim. I reckon hundreds of aim shares are worth 10pc of their mc in terms of true value. Lots of people are selling up everything. Dont be the one left holding. This is 2008 mk2 on steroids.

[1crackupboom] 18/12/2018 16:25

Crazy that someone got out at 10p