Very close to joining the 90% club... |
Strip tanning been stripped |
Well called by reapz2345
I doff my cap to you sir |
MD, you have "forgotten" about the CLNs in your share count: |
My apologises.
25k max at 25p. |
NT at 26p. |
New here but as a battery play STG looks very interesting. I did try to buy a few it there does not seems to be much stock floating as exemplified by the holdings.
82% held by majors with 18% free float or around 3.4million shares. If they can get the grant and in addition get the contract for around £50million then surely this could be worth around £2 or more.
Any views here? |
 Strip Tinning Holdings PLC on Tuesday said it expects a narrower loss and said the supply of cell contact systems for a US contract will likely not fall into the crosshairs of US tariffs on automobile imports.
Shares in Strip Tinning were up 60% to 29.66 pence in London on Tuesday afternoon. The shares were still down 21% over the last twelve months.
The Birmingham, England-based provider of connection systems to the automotive sector said it expects its adjusted loss before interest, tax, depreciation and amortisation in 2025 to be GBP900,000, "half that reported" for 2024.
The company expects to report its 2024 results in early May.
Strip Tinning said trading in the Battery Technologies division has been strong, and it expects divisional revenue for 2025 to be "more than 2.5 times" 2024.
"This strong performance in the higher margin BT division is more than offsetting softness in the Glazing division, reflective of the wider automotive sector," the company said.
Strip Tinning is supplying a Cell Contact system for battery pack modules for a US-based autonomous vehicle programme.
It now expects the contract to be worth GBP56.8 million, up from GBP43 million.
"This contract is gathering pace and is the primary driver of the increased sales in 2025 as sales of pre-production parts has increased," Strip Tinning said.
The company said it does not expect the supply of the systems to fall under the proposed US auto parts tariffs, as the designated export commodity category code which the CCS uses does not fall within the automotive parts ECC coding categorisations.
In addition, Strip Tinning said it has applied to the UK government's automotive transformation fund for a grant of up to GBP5.2 million to support additional capacity.
It expects further news on the outcome of the application early in the third quarter.
The company said it continues to assess its options to secure the required funding for "ongoing operational demands".
Strip Tinning said it expects to receive a payment of GBP520,000 from the UK tax authority towards the end of April. It expects a further tax claim worth GBP250,000 in the second half of the year.
By Michael Hennessey, Alliance News reporter
Comments and questions to newsroom@alliancenews.com
Copyright 2025 Alliance News Ltd. All Rights Reserved. |
Impossible to sell these shares on low volumes... Will be going back to 17p once the realisation that is short on cash and fundraise very likely required |
4k sellWhose next |
Genie u will out soon |
Buying done No one else is stupidest enough to buy |
No one else is buying up here |
I can buy easily |
 Only 20M shares in issue.
Not easy to buy. Good luck trying to deramp this but here is a copy and paste from LSE boards on why this goes higher and I saying MUCH higher:
We are a 6M market cap company and this is what we have (copied and pasted):
Strong Trading Performance: Battery Technologies (BT) division revenue for FY25 expected to more than 2.5x FY24, significantly outpacing challenges in the Glazing division.
💥 Major EBITDA Improvement: Adjusted EBITDA loss for FY25 projected to improve by ~£700k, cutting losses in half compared to FY24.
💥 Booming Battery Tech Demand: Leading BT contract’s lifetime value upgraded from £43m to at least £56.8m, fueling rapid growth.
💥 Big Orders & Strong Momentum: $780k C-sample order received on schedule, with D-sample order expected this summer - serial production begins in April 2026.
💥 Strategic US Expansion with ZOOX ($3.2B valued): Customer’s autonomous vehicle program gaining major US media attention, with paid passenger rides set to begin in 2025.
💥 Tariff Protection Advantage: CCS exports to the US not expected to be impacted by proposed auto parts tariffs.
💥 £5.2M UK Gov Grant: Advanced to detailed application phase of the UK Automotive Transformation Fund, with updates expected in early Q3.
💥 R&D Tax Credit Boost: Anticipated payments from HMRC by April 2025 and H2 2025. |
Looks like Collapse is imminent |
Buyers now goneNt to sell |
U are delusional |
No placing needed with that 5.2M government funding at an advanced stage.
A lot of interest piling up here and quite rightly so. Admittedly, I missed the RNS too but the fact the share price is at 40p and not over its 52 week high is astounding. MCAP is tiny compared to what they have announced.
New day high paid. This goes higher I think. |
For 6 mill mcap this has a lot going for it what a turnaround 57 mill contract |
Crazy buying now |
Placing will come |
Ding Ding Ding.
Train leaving platform to a town called BOOM Town.
NT to buy |
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