Filtronic Share Discussion Threads

[finimps] 15/6/2023 11:42

Date of trading update has been changed to 22/6 on Finncap.

[tp6] 12/6/2023 14:46

See quite a few jobs popping up with them in last few months, rf designers, QA engineers etc.. trading statement later this week

[finimps] 24/5/2023 09:08

Finncap shows next FTC trading update is on 15th June. Let's hope it's a really positive one. I notice FTC haven't posted on twitter since 20th March, which is unusual, hopefully this is because they are simply too busy with new contracts etc.

[bazworth] 23/5/2023 16:25

It will be good to hear that the supply issues have been resolved - those that were reported earlier this year. End of financial year next week so probably a trading update mid to late June. Been all good of late with Director buys, three contract awards totalling circa £3.5m and now a new institutional investor.

Good place to be!!

[tp6] 23/5/2023 16:00

Our funds take an active interest in the running of the companies in which they are invested.  From HWC brochure, interesting to see where we go from here...

[donald pond] 23/5/2023 07:12

RKW, the relatively new but top performers by small cap trust that Christopher Mills is involved in. That's a huge vote of confidence

[bazworth] 22/5/2023 15:23

The Dixons have reduced by circa 10m shares, wonder who bought them?

Intriguing!!

[finimps] 22/5/2023 12:37

hxxps://filtronic.com/news-events/news/the-semiconductor-strategy-will-the-uk-play-a-leading-role/

[53cockers] 19/5/2023 17:52

Just printed 10m shares bought and sold at 12 Looks like a new buyer has bght a stake in the company

[bazworth] 09/5/2023 21:54

Nothing new today!!

[empoggio] 09/5/2023 21:28

On ADVFN theres a signal of an RNS today, but when i open there is nothing new...just the April update.. any ideas?

[bazworth] 09/5/2023 21:09

Edison & Fincap both produce detailed analysis. Anyone interested in FTC
should register and take a look. Perhaps most have already
done so.

Cheers

[estienne] 08/5/2023 10:43

So no figures then? You seem to be investing on a hunch which is OK but risky

[soilderboy] 06/5/2023 18:23

Contracts. Projected profits. Future investment.

[estienne] 20/4/2023 14:59

Why do you think it looks cheap? Do you have any figures on which to base your valuation? Its on a P/E of 20 compared to an average of 14 for the sector. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.

[finimps] 20/4/2023 09:27

Yep, they hinted a while ago that 2024 could be a big year for FTC. I'm prepared to hold till eof 24. If the share price is still dithering around 12-15p at that point I will probably sell up and move on.

[soilderboy] 20/4/2023 09:27

This looks cheap at the moment. IMHO

[donald pond] 20/4/2023 09:16

They did flag that getting hold of components was an issue and so 23 could come in below expectations but in terms of what they can control the new(ish) management team look very impressive. I think at some point we may see the expectations managed back up, and I wouldn't be surprised to see a bid at some point. But I suspect the aim is to get the share price to the 20/25p level before that materialises. The Dixons and Newlands own so much of FTC that a takeover is inevitable imo

[finimps] 20/4/2023 08:59

And one for $800k in between. Very happy with my investment in this company!

[bazworth] 20/4/2023 08:43

On top of the £2m contract a couple of months ago!!

[pugugly] 20/4/2023 08:29

bazworth.
Excellent news then

[bazworth] 20/4/2023 08:19

PUGUGLY

The title to the RNS states new.

Cheers

[pugugly] 20/4/2023 07:45

Same contract? If so increased value or a new one?
rns today.
"The initial production contract, valued at $1.1m (£0.9m), is designed to facilitate the global launch of a product that significantly extends the range of E-band point to point radio by providing an additional 3 decibel-milliwatts of linear output power. In practical terms this increases the line-of-sight transmission distance of an existing outdoor unit ("ODU") within a mobile base station up to 12km, a distance that would normally require multiple repeater stations, or more typically the installation of an optical fibre cable. The initial Morpheus X2 production order will be shipped in FY2024, with further production volumes forecast in FY2025."

[estienne] 03/4/2023 12:52

Filtronic PLC - Leeds-based antenna maker - Signs new contract with an unnamed "provider of low latency private networks." The contract is valued at USD800,000, with revenue expected to be recognised in financial 2024. Under the agreement, Filtronic are required to design, develop and manufacture "high-performance" power amplifier modules for incorporation into next generation point-to-point microwave radios.

Chief Executive Officer Richard Gibbs says: "We are delighted to secure the first significant order with this customer, having successfully completed a smaller development with them in the last calendar year. We look forward to working with the customer on this project and building on the relationship".

Current stock price: 12.17 pence each, up 2.4% on Monday afternoon in London

12-month change: up 8.1%

By Sophie Rose, Alliance News reporter

[wisecat2] 01/4/2023 07:45

"Time is the friend of the wonderful company, the enemy of the mediocre.”

Warren Buffett