That is literally the post of the year! |
That’s brilliant advice, thank you
Regards
Baz |
Hi bazworth
Anyone can read Moneyweek and countless other magazine, such as Autocar, The Week, Top Gear,for free.
You need to be a member of your local library, they will issue you with a library number and sign in credentials.
Then you can either install the Borrowbox App or view the Borrowbox site on a PC.
You'll need to enter your library membership credentials when initially logging in.
Look here:
GLA |
ANDERSHOW08, thanks
I'm too tight to subscribe!!
Cheers |
Good write up to spread the word further
hxxps://gb.readly.com/magazines/moneyweek/2025-02-21/67b71958e98ef7adf5e11ce7?srsltid=AfmBOoq-XwvpIlaxlR3fyrKHiPYU_E76KZzTIYkDtPS55Ankqi07xKP- |
https://www.linkedin.com/posts/filtronic_filtronic-case-study-subtitles-activity-7298282058286596096-4sMJ? |
Added here, MM's have walked this down to the share price before the recent spacex contract. |
Umik you’re a lifesaver - thanks for sharing. No more rocking the cot for hours, just put this on and baby KO’d in seconds. |
Wish this would go to the moon… |
New NETpark Filtronic interview https://www.northeasttechnologypark.com/post/filtronic-s-growth-at-netpark |
FTC shows how older companies can reinvent themselves by shrewd investment into R&D.
FTC floated on the London Stock Exchange in the 1990s; and after eight-bagging from 1997 to 2000, it subsequently declined by over 99%, before its current success.
And another older company that has been doing very well recently is Newmark Security (NWT), a British technology company that has expanded very successfully into America.
From the bar graph on page 12 of NWT's annual report & accounts for the year ended 30.4.22:-
"Five years of consecutive revenue growth:
HCM in North America: £m"
2017: £0.9M.
2018: £1.2M.
2019: £4.0M.
2020: £5.9M.
2021: £6.5M.
2022: £8.7M.
Like FTC, NWT floated on the London Stock Exchange in the 1990s.
And like FTC, NWT has been boosted by its exposure to security, data, and communications.
And the sort of revenue and profit achieved by FTC recently looks achievable by NWT in the medium term.
Newmark Security (NWT) 69.5p Market cap. £6.52M. |
Nat Edington, the CEO, will possibly qualify for all of his share options if and when the share price gets to circa £1.25.
The CEO is entitled to over 4 million shares that he will be able to buy at about 17p.
What a brilliant incentive - let’s hope he achieves it by a very wide mark!! |
IC - 13/2/25:
Renishaw, Filtronic & British American Tobacco: The Companies and Markets Show
9:24 Filtronic |
https://www.edisongroup.com/research/expansion-into-space-drives-profitability/BM-1127/ |
CNC announce today they are getting a US OTC listing. As Nat is on the CNC board, if it adds value I'd expect FTC to follow suit |
https://www.linkedin.com/posts/filtronic_madeinthenortheast-innovation-manufacturing-activity-7295437845089902594-1Yr-? |
 Filtronic are focused on the need to broaden their customer base. This is an excerpt from the chairman's statement dated 30/7/2024... "I am pleased to report that the year ended 31 May 2024 has been one of significant progress. We have successfully capitalised on the momentum built in prior years in bringing to market our core technology projects and enhanced market focus. This culminated in the business securing a strategic partnership with SpaceX in addition to numerous contract wins with key target clients including BAE, QinetiQ and the European Space Agency , and our opportunity pipeline continues to grow across our core markets.
These achievements have given us an excellent platform to deliver long-term sustainable growth and is a major step forward in the execution, and de-risking, of our wider strategy. To that end, we will not lose sight of the need to focus developing business opportunities in our core and adjacent markets. Expanding and diversifying our customer base remains key to growth and resilience planning." |
Sorry, was responding to post before yours. |
Alphabig, for the sake of clarity, I did mean in addition to all existing clients.
Cheers |
Why wouldn't they deliver the spacex contract(s). After all spacex must be happy as they keep coming back for more. |
Hopefully the extended leadership team will increase the number of clients / customers: |
I agree with Foetus - Filtronic now have to do two things. First, absolutely must deliver the SpaceX contract. If they fail to deliver they’ll be toast. Second, they must secure a broader client base. Too many eggs in the SpaceX basket. Classic problem for any business - get really busy and then take foot off the gas for business development. |
https://www.sqcresearch.com/post/filtronic-yet-further-spacex-orders-continue-to-drive-this-group-broker-upgrades-2025-and-2026-ye |
One of the issues of being on AIM market, many II's are not allowed to invest in AIM companies.
In article above I draw your attention to RR backed 3D printing 'Rapid Fusion' not listed but could be in future. |
Cavendish has upgraded due to another contract from SpaceX. The 2024-25 pre-tax profit estimate has been raised from £11.5m to £11.9m, while the 2025-26 figure has been edged up from £8m to £8.3m. This £16.8m order is part of the framework agreement to supply technology for the Starlink Low Earth Orbit satellite network. There had already been upgrades in December and January. The share price is 12.1% higher at 104p. The share price has risen by more than one-third during 2025. |