Filtronic Share Discussion Threads

[slicethepie] 01/8/2023 12:39

A 3 year high and a doubling from the lows will always prompt a bit of profit taking. There has been massive change at ftc in the last 2 years with many growth opportunities now within reach not least the Leo space projects. Expect a few snide remarks from non holders and ex employees its par for the course!

[bazworth] 01/8/2023 12:33

Finimps - spot on!!

[finimps] 01/8/2023 12:09

These results should be no surprise to anyone who has paid attention to what they have been telling us over the last 12 months. Global semi conductor shortages have impacted their business opportunities, but the situation is improving. I'm expecting a big increase in profits in the FY24 results, so I'm confidently holding on to my shares.

[estienne] 01/8/2023 11:49

Awful results. no wonder the share price is down

[donald pond] 01/8/2023 09:33

I'd be surprised if Harwood aren't in for more here. Results as flagged, upside huge

[finimps] 01/8/2023 09:20

Finncap target price raised from 20p to 25p.

[wisecat2] 01/8/2023 09:13

If people bother to read the text it is easy to see why the broker is preparing for take off

[wisecat2] 01/8/2023 09:12

I would just like to thank the people that are selling at these low levels.

Don't panic Pike

[donald pond] 01/8/2023 08:31

Not read the finncap note but the headline "preparing for take off" sums it up

[tp6] 26/7/2023 16:33

The low orbit satellites offering 5g open up quite a lucrative market specifically aircraft and cruise ships. The contract for FTC is to provide the link from the low orbit satellite back to earth station.. I have read forecasts of 30,000 low orbit satellites over the next 20 years.

[wisecat2] 26/7/2023 11:43

Results next Tuesday

[donald pond] 26/7/2023 09:10

Breaking into multi year highs now which will attract attention

[slicethepie] 24/7/2023 10:09

Like rubbish to your dustbin ...keep sweeping!

[estienne] 24/7/2023 09:08

Like sheep to the slaughter

[slicethepie] 22/7/2023 11:24

Ftc got mentioned in the Times this morning, sorry not techie enough to paste article ! Also worth noting the uk is one of the leading countries in space tech and data shows it was worth over £18bn in 2021.

[boystown] 21/7/2023 19:53

I think the same bazworth.

I've held this for a good few years now and am 90% ahead overall - and thought about selling, but short of NASA (possibly?), I can't really imagine a more prestigious partner than the ESA. I don't pretend to understand the tech though. Previously, I was disappointed that FTC seemed to have exited what I thought was going to be the big 5G opportunity - yet today we hear about 6G in addition to 5G - and for a contract worth c.10% of the entire mkt cap.

Moreover, Chris Mills is on board and his track record is phenomenal.

All in all, then, I've decided to stay in for the ride - which is a rarity for me as I'm usually more of a value investor (as I believe FTC was when I first bought in IIRC - but it's so long ago now that I honestly can't remember).

Anyway, I think the safest thing to do is to delete it from my spreadsheet as otherwise I'll get too tempted to sell - and I ALWAYS sell too early.

[bazworth] 21/7/2023 19:00

Reckon we’re at the start of quite a transformation here at FTC. May, as always, need a little patience!

The two paras, as follows, sound extremely promising:

"The LEO space market is developing fast and the need for higher bandwidth links between satellites and the ground station is inevitable.

"Working with ESA to develop products at multiple frequencies, that can be supplied as part of next generation LEO constellations, is both timely and strategically important for Filtronic."

[kaos3] 21/7/2023 14:14

all those big name insiders did not buy/add for nothing

[tp6] 21/7/2023 14:11

Great rns. Sounds like they can adapt existing product to fit.

[beeks of arabia] 21/7/2023 07:53

Not invested currently but well done to holders. Like others I have a soft spot for FTC, my first ever investment in 2000 in the 4 quid region when a motley fool regular.

[bazworth] 21/7/2023 07:49

It will no doubt arrive of its own accord Beeks!

[donald pond] 21/7/2023 07:49

I still think a takeover is coming but now reckon it will be above 30p now

[wisecat2] 21/7/2023 07:48

He is busy sweeping the carpark

[beeks of arabia] 21/7/2023 07:45

Has anyone reached out to Estienne for comment?!