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Share Name Share Symbol Market Type Share ISIN Share Description
Surface Transforms Plc LSE:SCE London Ordinary Share GB0002892528 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.50 0.71% 70.50 69.00 72.00 70.50 70.00 70.00 296,151 12:17:54
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Automobiles & Parts 1.0 -3.0 -1.6 - 138

Surface Transforms Share Discussion Threads

Showing 7176 to 7200 of 7200 messages
Chat Pages: 288  287  286  285  284  283  282  281  280  279  278  277  Older
DateSubjectAuthorDiscuss
16/4/2021
10:11
Yes, agreed. The potential contract announcements (OEM3/8/9 in particular) are each incendiary events so far as the share price rerating pathway is concerned. I regard these as solid blocks in the building of a fortress (with its own wide moat also being excavated simultaneously). The sun is out, so I’m feeling strangely poetic.
bones
16/4/2021
09:47
Very thin trading on ST this back half of the week and yet in my opinion Monday's RNS of the prelims was excellent. It was a very mature, under embellished statement of the current situation and there were lots of facts to take away as positives. On the face of it there looks like a muted market reaction but you can read it another way. It has not liberated a wealth of sellers - another possible conclusion - those now holding are sitting very tightly. News from OEM9, OEM8 or OEM3 should lead to an inevitable strong gap up. Could be a quiet Summer but we've had those before. Happy to bask in the knowledge ST are quietly getting on with the business of further finessing to the SVP and OEM cell 1, advancing the planning and construction of OEM cell 2 and continuing to strengthen the Knowsley team. Last Summer broke with the September OEM8 announcement. I'm figuring the 2021 calendar could follow suit. H2 2021 with SOP of the Valkyrie and OEM8 contracts DB has already said will gain month by month profitability. Good things do take time. Quiet can sometimes be good. All in my humble personal opinion and you've all seen from previous posts the accuracy of my predictions is questionable. Fils
fillspectre
13/4/2021
07:27
Good sign repurchasing shares rather than selling them.
amt
13/4/2021
07:22
DB and his wife are showing the way - transferring their entire £20k each annual ISA allowance into their ISAs via SCE shares.... Https://uk.advfn.com/stock-market/london/surface-transforms-SCE/share-news/Surface-Transforms-PLC-Director-Dealing/84807340
rivaldo
12/4/2021
22:07
It doesn't surprise me the preliminary results announcement has caused a slight slide in price. If people were harbouring expectations that this RNS would coincide with a new contract announcement - I did suggest it was highly unlikely and not in any sort of form DB has shown before. What I would say - going back through the RNS in the quiet of an evening - is that it is well worth another read. In my opinion DB chooses his words carefully - and I am reading lots of positives to take away. I have never yet seen the truth being stretched in an ST RNS. The historic disappointments have come because ST cannot accurately predict when the wetted signatures will come. The question you have to ask yourself is whether you believe that none of the contract possibilities will come to fruition - OEM8 carryover, OEM5 carryover, OEM9 - first nomination, OEM3 tasked with finding a second source of CC disks doesn't select ST, the new OEMs 10, 11 and 12 don't ever nominate ST, retrofit and near OEM sales don't continue to grow. Fils
fillspectre
12/4/2021
16:28
She already has no idea about a landline and hasn't used cash for a few years :)
toffeeman
12/4/2021
16:08
Toffee, hope she grows up saying “what was a landline ?” “What was cash ?”, “what were iron brake rotors ?”.
graham1ty
12/4/2021
13:16
Bought a few for daughter's Lisa today.
toffeeman
12/4/2021
12:19
I have seen it happen before as a prelude to an agreed bidding process/takeover. Not saying that's on the cards here. Just an observation.
t0pgrader
12/4/2021
10:10
Graham, none of that is meaningful until it has been signed off by the auditors so I think having the numbers audited, or more to the point, having the auditors confirm there are no funnies going on, is as important as the numbers themselves. Certainly, if I were acting for a potential major customer, I would want cleared numbers regardless of their size. It is the audit sign off that matters, not the size of the numbers. I would want to have that independent confirmation, as would the potential customers’ finance team. Other than that, sure, I agree they are not that important in the great scheme of things moving forward!
bones
12/4/2021
10:06
Bones, the audited numbers for SCE are pretty immaterial. For us or for a new OEM. They are swamped by the size of the cash balance, and by new contracts. Pretty immaterial ( apart from the numbers on gross margin). OEMs would be much more concerned about SCE having the resources ( sorted by the Placing); the capacity ( sorted once Cell 1 fully operational,and Cell 2 hopefully covered by the Placing); and capability ( can SCE really produce discs in reasonable volume). The other good things about getting out the numbers of is it is one less thing for management to have to do. They were away from the coal face for over a month, around the Placing, and now need to get heads down and convert those new contracts. Any distraction from that is unwelcome.
graham1ty
12/4/2021
09:42
True pugugly! But, the majors appear to be aroused by the aroma so let’s give them assurances about the 2020 numbers (audited) PDQ and they can get on with tying up the legalese.
bones
12/4/2021
09:39
re 5580 - OK SCE is moving up to big-time but is still very much a "jam tomorrow company" OK we can smell the jam in preparation but until it is bottled (new contracts signed) it is largely a wonderful appetising aroma.
pugugly
12/4/2021
09:29
If I were to hazard a logical guess, with serious companies lining up fast, one or more of them may have hinted that it would be good to see up to date AUDITED numbers for 2020 before committing to a major contract. As Surface Transforms as a company is joining the majors’ playground, it does in any event make sense for them to behave like a big company and get their numbers out quickly. In the US, they do it within the month of quarter ends, so three and a half months in the UK is still pretty pedestrian!
bones
12/4/2021
09:24
Wish they hadnt put them out now,,, lol
gripfit
12/4/2021
08:36
Maybe because the figures are small , and didn’t take long to work out ??
gripfit
12/4/2021
08:29
I wonder why they brought the results forward. Nothing in them to suggest a need to. Maybe just to get them out of the way so they can concentrate on other matters.
albert_einstein
12/4/2021
07:54
Agreed and some interesting nuggets.OEM3 discussions seem to have moved on apace and it is reassuring that there are no new delays to the Valkyrie. OEM8 production is still on track and the potential for new imminent contract news is explored in depth.Very grown up report too in covering social and environmental factors: most unusual for AIM.
longshanks
12/4/2021
07:51
FinnCap target price 69p Zeus steady as she goes - no change at 80p. All (imo) will depend on when new contracts signed - Enough in the pipeline(imo) to be WHEN not IF. " Other OEMs: The year also saw a considerable acceleration of both test rig and vehicle testing by a number of other new customers some of whom are likely to nominate in the next twelve months for SOP in 2024 and 2025. The Company anticipates winning a proportion of these new programmes. " https://www.investegate.co.uk/surface-transforms--sce-/rns/preliminary-results-and-notice-of-agm/202104120700070560V/ Also OEM9 - " OEM 9 : This potential customer is a new entrant to the automotive market. The Company has largely completed testing, is in detailed commercial discussions with the customer, and progress is most encouraging. An issue that previously emerged during commercial discussions was the timing gap between expected nomination and SOP being different from our experience elsewhere with implications for capacity availability. This issue formed the backdrop for the decision to raise funds required for capacity expansion in Q1 2021. This is covered in more detail, in the capacity and OEM Production Cell Two review below. " Potentially a company maker? Other thoughts?
pugugly
12/4/2021
07:43
Steady as she goes results - but exciting times a-coming: "Outlook 2021 will be one of contrasting halves. The SOP of both key contracts starting in the year (OEM 8 and Valkyrie) is mid-year. Consequently, the first half of the year will be broadly unchanged from the run rate achieved in 2020 whereas the second half will reflect the output from OEM Production Cell One and the contract revenues from these two new contracts. As a result, the Company expects to be profitable and generating cash from operations on a monthly basis in the second half of 2021 but not before."
rivaldo
09/4/2021
12:58
My ISA 21 transfer should be going through any day too.. I remember not to long ago when 20k would buy you a generous helping of shares...as Fils say's though, 74p may well seem like a golden opportunity to buy SCE. To answer LFC4ever's question from Fils re timeframes - my timeframe is long term 5 years plus. I'd like to reduce by 50% in stages over the next 5 years just to reduce my exposure as I'm much more committed to this one share than I ever have been in the past. 50% of what I have now, I hope, will still be a very considerable investment for me and one which I am genuinely confident in. My problem is almost the reverse in that I don't want to sell and keep trying to nibble a few more up.
cheese666
09/4/2021
12:55
with apols for off-topic- anyone who has experienced the ups and downs here and is interested in a british success story might want to have a look at the trading update from SRT- awful figures for ye march 2021 due to contract deferrals due to covid but they are putting forward transformational numbers for 2021/2022 financial year. if it comes off, should be looking at something similar to the share price movement we have seen in the last 12 months year, as the jam finally starts to arrive.
lfc4ever
09/4/2021
12:50
i already hold 135k shares at an average buy of 23.8p before todays purchase, so it has been a nice little flutter this one. i think there will be another little squirt ahead when the next contract wins are announced. might top slice at that point, depending on how frothy the rise looks.
lfc4ever
09/4/2021
12:07
What is your timeframe for holding lfc4ever? If into 2024 - I think that 74.4p may look a very very good buy. If things go well it may look a good buy by October this year. I must admit I think better in an ISA than a SIPP even taking into account the SIPP tax relief - no restrictions on when you can access the money. You must be one of the first out of the gate for the full ST ISA commitment in 2021/22 - I doubt you will be the last. If we hit Tricky's £4 target - your wife's 20K will be 100K. Are you based in Liverpool? Fils
fillspectre
09/4/2021
11:42
me. wife's isa.
lfc4ever
Chat Pages: 288  287  286  285  284  283  282  281  280  279  278  277  Older
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P: V: D:20210417 11:33:28