Filtronic Share Discussion Threads

[fillipe] 16/12/2021 10:16

I'm looking at the detailed Quotestream one month chart and its period from Nov 16th, to today, ignoring the brief dip in the interim on 6th Dec from which there was a prompt recovery.

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[fillipe] 16/12/2021 10:08

Not so, in the last couple of weeks.

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[estienne] 16/12/2021 10:04

I thought it had been down-ticking

[fillipe] 16/12/2021 09:42

Good to see the steady up-ticking at FTC over the past couple of weeks.
The same again over a forthcoming similar period would be most welcome.

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[estienne] 02/12/2021 11:24

Another example of how technology developed in the UK has been exported to the US who now control the further development and manufacturer

[bb123] 02/12/2021 10:50

www.filtronic.com
130 MWJOURNAL.COM  NOVEMBER

Filtronic is a company with a strong commitment
to in-house manufacturing, and its Salisbury, Md.,
facility is no exception. The Filtronic site in Salisbury recently expanded production capacity to meet a
growing demand for its public safety products, in addition
to steady business for the range of filters and combiners it
was already making, which operate up to 18 GHz. The Maryland area has a considerable pool of RF expertise, home
to both the Goddard Space Flight Center and the Naval
Research Center in Chesapeake Bay, as well as other local
communications experts. Filtronic’s site was well-placed to
recruit staff to support the growth in output.
The 16,000 square-foot facility had ample space to
accommodate the extra warehousing and assembly area
to produce additional products. Of this floor area, 5,000
square feet is devoted to handling ESD sensitive components, all temperature-controlled. The on-site services include assembly and test, repair, equipment build up (rack,
stack and commissioning) and drop-shipping.
The expansion was largely prompted by U.S. equipment
manufacturers shortening supply chains to make them
more resilient in the wake of the COVID-19 pandemic.
Where possible, these companies are choosing domestic suppliers for products they previous imported from
or manufactured offshore. The trend for supply chain
rationalization has provided a competitive advantage for
Filtronic, which successfully “re-shoredR21; from China the
manufacturing of a critical communications product, helping a leading client in the public safety market meet its
supply chain goals.
The need to bring critical product assembly to Salisbury
from the offshore facility, to reduce equipment lead-times
in the face of the changing geopolitical landscape, was a
challenge requiring a rapid response from Filtronic. Using
the company’s technical knowhow, local knowledge and a
cloud-based manufacturing execution system, Filtronic
managed this complex transition smoothly and efficiently.
meeting the customer’s six-month schedule.
As well as realigning its operational facilities and processes, Filtronic was able to recruit local personnel who
had previous experience with public safety product assembly. Additional equipment was procured and re-allocated to
quickly replicate the production line at the former facility.
While doing so, it was also possible to make product and
process improvements, including the workflow and logistics, which yielded a significant reduction in lead time for
these critical communications products.
The transition was smooth, rapid and met the customer’s quality standards, passing an extensive and rigorous
customer audit, which enabled timely re-certification.
Filtronic’s customer met its country-of-origin targets
without any drop in production.
Another recent achievement for Filtronic was successfully developing a customized tower top amplifier (TTA)
system. Manufactured in Salisbury, this project exceeded
the customer’s expectations for both performance and
time to completion, as well as reducing the order-to-shipment time by 50 percent.
Because of product obsolescence and technological advancements, Filtronic’s customer needed a new domestic
supplier for TTAs, as its existing supply chain was unable
to meet the challenging specification. It turned to Filtronic
due to its experience supplying Tower Mounted Amplifiers
for commercial telecoms. The project included product
enhancements, such as more consistent performance
between sites and simpler installation. It was completed—
from inception through product qualification—in less than
six months. The new TTA meets the existing specification
and delivers all the desired performance improvements,
including smart redundancy. The client’s goals of reducing
inventory and the order-to-shipment time to two weeks—
compared to the industry standard of four weeks—were
also met.
www.filtronic.com
130 MWJOURNAL.COM  NOVEMBER

[diku] 02/12/2021 09:29

I heard a pen drop...not the pin...

[bazworth] 30/11/2021 12:35

Did anyone else hear that pin drop??!!!

Hope this is the calm before the storm!!

[bazworth] 17/11/2021 08:34

www.microwavejournal.com/ext/resources/pdf-downloads/Puzzler/NOVEMBER-FL1.pdf

[bazworth] 02/11/2021 13:07

We have a similar buying price!!

Im expecting to see progress accelerate!

Cheers

[estienne] 02/11/2021 12:51

I'm still holding at 50% profit. I think the technology could be profitable but progress so far has been held back by backward management and inability to hire the right person to lead the company.

[bazworth] 02/11/2021 10:36

Estienne,

I understand your comment but lack of direct knowledge in the technology doesn't necessarily mean that Jonathan Neale cannot assist FTC expand its field of interest. Mr Neale would appear to have an excellent track-record.

You clearly have little time for FTC and I wonder what has caused that? However, it's good that we all have different views! Only time will tell whether you are right in your criticism or whether FTC prove to be a good investment.

Good luck with whatever you do with your investments!

Cheers

[estienne] 02/11/2021 09:52

Just another management appointment. A man who doesn't have a clue about the products Filtronics designs

[bazworth] 02/11/2021 07:09

That’s a very interesting addition to the Leadership Team. Onwards we go!

[bazworth] 01/11/2021 17:13

Double post - finger trouble!

[bazworth] 01/11/2021 17:13

You’re right but that’s all in the past.

We have a new boss who would appear to be instilling some real zing and also the benefit of extended facilities. I’m very happy to give them the benefit of doubt and hold firm.

Many thanks for your explanation.

Cheers

[estienne] 01/11/2021 17:04

Well I would have thought that pretty obvious looking at their track record. They had an opportunity through their antenna business of being a 5G supplier but they grovelled after one supplier who finally dumped them because they had put all their eggs in one basket and developed antennas operating in a band that no-one wanted.

[bazworth] 01/11/2021 16:50

“Its a small minded company”

Estienne - for the benefit of all, please explain why you believe Filtronic is small minded company? What information do you have access to, to make such a statement?

Cheers & thanks in advance!

[estienne] 01/11/2021 11:29

They really are a small bit player. I can't see them making much progress for several years. Its a small minded company

[bazworth] 28/10/2021 08:54

Edison note already published. It strikes me that FTC are very much getting their act together!

Tech hardware & equipment - Mcap £27m - Price 12.8p - Flash note

Filtronic:

Successful focus on new customer acquisition
Filtronic’s AGM statement notes that the group’s trading performance during the opening months of FY22 has been in line with management forecasts and shows a healthy improvement on FY21. Management remains confident of delivering results for the full year in line with market expectations. We therefore leave our estimates, which look for 15.5% year-on-year revenue growth and a 13.7% rise in EBITDA, unchanged.

[bazworth] 28/10/2021 08:14

I wasn’t expecting fireworks but it has been confirmed that they’re on track and ahead of last year.

Happy to hold!

[mesquida] 28/10/2021 07:48

I personally thought it was a bit short, but reassuring in respect of the concerns over supply chain issues.

[mesquida] 28/10/2021 07:47

Nobody feels like commenting on the AGM statement ? !

[fillipe] 27/10/2021 16:28

FTC quite perky today.

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[bazworth] 27/10/2021 15:39

"A whiff of something in the air?" I doubt it - just the AGM tomorrow and, hopefully, a positive trading update!!

Been here for years and prepared to wait a a good while longer too but all is looking good in my view, others will likely differ!!

Cheers