Good update today
Gla |
£5.1m raised in January but only £2m left in the kitty at end of June and on top of that, a challenging short term outlook. Bargepole job and I expect rescue funding to be required before the year is out. |
Not such a bad trading up date to deserve a wallop downwards |
expecting a few more contract wins |
should take out 70.00 and head into the 80.00s more nomination wins incoming |
We could see a big rally over the next few weeks with more contract wins |
Have you got fed up with ramping KPRZ, Cityspiv2874? 🤣 🤣 |
see these hitting 100.00 this year |
OKOK it's a great share, we get u. |
We can expect a few more contract wins would be fabulous see another one tomorrow |
should see some great press coverage and people will be buying in towards close and tomorrow as the RNS win today was massive |
market makers want your shares big buyer in background and this will rally into close |
volume crossed half a million mms now ticking up - up 43 percent |
getting more press coverage now:
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.
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AIM - WINNERS
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Strip Tinning Holdings PLC, up 36% at 69.55 pence, 12-month range 31.00p-84.00p. The firm, which supplies specialist connection systems to the automotive sector, celebrates a high volume strategic nomination in the battery technologies market, from an unnamed "leading German automotive motion technology tier one manufacturer". The expected lifetime value of the contract is GBP43.0 million, with production supply set to start in the fourth quarter of 2025. Notes further pre-production revenue of over GBP1.0 million to be received over 2024 and 2025 for the supply of tooling and pre-serial parts. |
volume crossed 475,000 may see 100.00 if we cross a million later today |
up 40 percent moving up |
mms ready to lift up again |
 press coverage started
UK auto supplier Strip Tinning wins multimillion pound order from US autonomous driving giant
Published: 09:24 06 Jun 2024 BST
Strip Tinning Holdings PLC -
Shares in Strip Tinning Holdings PLC (AIM:STG), a maker of components for electric vehicles, revved up 41% to 72p after it won a major high volume contract to make battery connectors for autonomous vehicles being developed by a large US carmaker.
The Birmingham-based company, which floated on London's junior market two years ago, will make the cell contact systems for the battery pack modules for a German automotive motion technology manufacturer for battery packs used in an autonomous vehicle being developed by "one of the world's largest corporations" currently running trials on public roads in three US cities.
This seems to point to Waymo, owned by Alphabet Inc (NASDAQ:GOOG), Google's parent company.
Strip Tinning says it has been working on this programme for three years, having received £1.7 million to date for pre-production work and will start production later next year, with further pre-production revenues of over £1.0 million to be received over 2024 and 2025, with annual sales value due to peak at £12.4 million and the expected lifetime value of the contract is £43 million.
It is the fourth production nomination and the largest in the battery technologies for the company "marks a major step forward towards high volume manufacture" it says, and "solidifies" its leading position in this growing mid-market segment, with other product programmes at earlier stages of development too.
Executive chair Adam Robson said: "Momentum continues to build in the business and our positioning in the battery technologies market goes from strength to strength. Our nominations order book in the last four months alone has nearly tripled, underpinning our medium-term ambitions and providing a very solid platform from which to grow." |
wait till the press coverage starts later today |
Today 07:00
RNS Number : 2944R
Strip Tinning Holdings PLC
06 June 2024
6 June 2024
Strip Tinning Holdings plc
("Strip Tinning" or the Company")
£43m Battery Technologies Nomination
New major win in the strategic Battery Technologies segment, with an expected lifetime value of £43m |
great opening first hour and 45 minutes |
in the top 3 gainers on the leaderboard .....will be number 1 at finish and close to 100.00 by the end of the day |
Great opening start we are in for a massive day look at the volumes....major win today |
That'd be an opening to raise some extra cash. |
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