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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
  0.00 0.0% 67.00 65.00 69.00 67.00 67.00 67.00 28,059 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Automobiles & Parts 1.0 -3.0 -1.6 - 131

Surface Transforms Share Discussion Threads

Showing 7676 to 7700 of 7700 messages
Chat Pages: 308  307  306  305  304  303  302  301  300  299  298  297  Older
DateSubjectAuthorDiscuss
26/9/2021
20:39
I believe the dual source argument is codswallop. OEM8 have a contract with SCE for the rear axle on one of their models. Brembo are not a supplier on this model. OEMs may give some models to Brembo and other to us - but individual models are single source.
toffeeman
26/9/2021
17:54
It’s not up to “private equity” whether they buy us or not. Thankfully.
trickydicky1
26/9/2021
17:52
Good posts-the fact is it’s unlikely an OEM would go single source-more like dual source.The market is huge of course so room for both us and Brembo. More likely we get taken out by private equity in my opinion
pinkfoot2
26/9/2021
16:56
It has been said many times on here that a healthy CC market needs a healthy Brembo. There is room for both. More important for SCE is a rapidly expanding CC market overall. Just riding that wave would increase revenue. Catching a higher % would turbo charge revenue. So ( as long as they remain a few steps behind), the more promotion, the moe advertising, the more testing that Brembo do, the better. They are so much larger than SCE that they should be the main drivers in converting OEMs to CC brakes. And, once OEMs have taken that decision, in principle, they can go find the better product.....ours.
graham1ty
26/9/2021
11:18
“There is onloy one way Brembo will be able to replicate a similar performance ceramic disc brake and that is by aquiring us” Sorry SCE Investor but that is just pure bolony. Whilst the bulk of Brembo’s CC disc production is from the two manufacturing plants that effectively mould the discs using chopped carbon fibre, they also have started manufacturing a new product much closer to that made by ST. They are marketing this product as Dyatom but uptake for them has to date been rather slow. The key problems they face are that there is a 3-6 month manufacturing lead time and the cost of production is high, such that it is currently uncompetitive to ST’s CCST product. I have no doubt that Brembo are working hard to improve their processes to make this product more competitive, but I feel they are still some years away. This is good as not only does it validate the current superiority of the CCST discs, but shows that the needs of the OEM market for alternative supply will be satisfied in time. If Brembo stick to chopped fibre production only, ST could well become the monopoly OEM supplier themselves before too long and whilst the Pyrrhic victory may lead to Brembo being forced into buying ST, it would not build ST into the force that the BoD hope will see iron discs gradually disappearing from use. Their hope and mine is that the market for CC discs will grow to £2bn from the £200m it is today. It is also worth mentioning that there are other potential competitors in this space. Akebono produced a CC disc for McLaren but this has proved unsuitable for arduous track use and hence the ready aftermarket being now supplied by CCST. IMO, if ST were to become the target of a bid, it is more likely to come not from Brembo, but from an existing brake manufacturer that has an inadequate presence in the ceramic brake market. If we see this market continue to grow as anticipated, those manufacturers dependent on steel brake disc production could well target ST to broaden their market position.
longshanks
25/9/2021
20:25
The problem is if Brembo bought us out we remain with one monopolistic supplier, this has been said to discourage OEMs from adopting ceramic brakes in the past.
quemaster
25/9/2021
16:17
Just touching on their IP the process is patented with two patents registered: 1.Publication number: 20100000831 Abstract: Highly effective carbon fibre-reinforced ceramic automotive brake and clutch discs are manufactured by siliconising incompletely densified carbon-carbon fibre preforms produced by a single stage and relatively short duration (e.g. 7-14 day) chemical vapour infiltration process. Type: Application Filed: July 28, 2006 Publication date: January 7, 2010 Applicant: SURFACE TRANSFORMS PLC Inventors: Julio Joseph Faria, Kevin Johnson, Geoffrey Gould 2. Publication number: 20110311753 Abstract: Carbon fibre-reinforced ceramic brake and clutch discs are manufactured by siliconising incompletely densified carbon-carbon fibre preforms produced by only a single chemical vapour infiltration step and then subjecting the siliconsised densified preform to a carbon impregnation step, e.g. by chemical vapour or liquid infiltration. The method substantially reduces processing times and costs compared to conventional chemical vapour infiltration processes, whilst yielding highly effective end products with optimised structural and frictional properties, particularly in terms of stability at high temperatures. Type: Application Filed: January 31, 2008 Publication date: December 22, 2011 Applicant: SURFACE TRANSFORMS PLC Inventors: Joseph Julio Faria, Kevin Johnson The company’s IP has been crucial to securing orders and to the manufacturing process. It would be difficult for a competitor to copy the company’s processes, even without patent protection, since the detail of, for example, pressure, time and temperatures is critical. Surface Transforms considers its technology to be superior to its competitors as a result of a number of factors in the manufacturing process, including alignment of fibres and a lower running temperature once operating (150 Degrees C cooler than the competition for the same vehicle kinetic energy) Also as Kevin confirmed in the latest interim results presentation (Sept 21st 2021): "We use proprietry technology which is not easy to reverse engineer.They have literally MILLIONS of combinations within the process that makes them very hards for people to copy" There is onloy one way Brembo will be able to replicate a similar performance ceramic disc brake and that is by aquiring us at a significant premium to the current share price imho. As we know Brembo currently has the monopoly on the market and whether they will be comfortable for SCE to eat into their market share only time will tell???
sce investor
24/9/2021
19:40
Graham1TY - at least the seller is being matched to substantial numbers of buyers at this price - 67p. It is not a bad price on an historic basis. Sort of helps underwrite the price in my mind. Another contract RNS should surely propel us into the 70s - seller or not. Fils
fillspectre
24/9/2021
13:30
That's a very decent buy and a canny time to get in.
cheese666
24/9/2021
12:42
My understanding is that there are some patents in place, but not covering the whole process. The main barrier to entry is that the process would be extraordinarily difficult to copy, and impossible to “reverse engineer”. So it is protected primarily by “know how”, 1000s of hours of development and millions of test and road miles. Glad to see 316,000 go through at 67p. At that price must be a buy. Wish, wish, wish the seller would finish, or go away !
graham1ty
24/9/2021
11:51
Looks to me like the term is applied here for marketing rather than legal purposes.The company does have patents but as far as I am aware, nothing that prevents Brembo (or others) from competing with them in this space.There will be some IP protection but that is nought compared to the millions of road miles taken in testing the product.
longshanks
24/9/2021
09:47
We may need LS to help answer that one !
jerarnie1
23/9/2021
21:56
It says patented at the end of that piece from SCE - I thought the whole point was that it wasn't patented because it would be impossible to re-engineer and that publishing a patent would show how it's done and potentially enable by-pass?
toffeeman
23/9/2021
16:48
https://surfacetransforms.com/news-blog/2021/9/23/surface-transforms-launches-new-carbon-ceramic-brake-disc-kit-for-mclaren-765lt-supercar
jerarnie1
21/9/2021
14:25
John Rosier, Investors' Chronicle has reviewed his portfolio; "Surface Transforms announced a contract from a new OEM (original equipment manufacturer), a mainstream US auto manufacturer. It also primed the market for more contract news in the coming months. Surface Transforms is my most minor position as it is still a bit of a "blue sky" story. Still, thus far, it is delivering on the news front. If other contracts are forthcoming, it should be making handsome returns in 2025/2026. As it is, a valuation, based on current forecasts, of 26.5x 2023 earnings is not as outlandish as it could be."
jerarnie1
21/9/2021
13:41
Donald, does charting really work over a 20 year time scale..........?
graham1ty
21/9/2021
12:03
Rather like my new Clare Foster mugs - rebought after 20 years and the handle still attached!
toffeeman
21/9/2021
11:54
Here's my tweet, a 20 year cup and handle being created here? https://twitter.com/DonaldPond6/status/1440267618250735620?s=20
donald pond
21/9/2021
11:30
bones-Thank you
balcony
21/9/2021
11:25
Balcony, you can sell at 66.25 and buy at 68 in reality, unless you want to deal very large.
bones
21/9/2021
10:41
64-69 Crazy spread.
balcony
20/9/2021
16:09
Last week’s presentation is now online https://m.youtube.com/watch?dm_i=49CL%2C15H5X%2C5FUX8N%2C59ZQ3%2C1&v=8nx76kCudpc&feature=youtu.be
graham1ty
18/9/2021
09:27
Singer have been testing one of their DLS models at the Nurburgring. Good to see one of ST’s near OEM customers are producing 75 of these. hTTps://www.carscoops.com/2021/09/singer-brings-mesmerising-1-8-million-dls-911-to-the-nurburgring/amp/ More details of the car are here: hTTps://carbuzz.com/news/singer-s-limited-run-dls-911-will-set-you-back-a-staggering-1-8-million A good phrase in there is ‘A particular highlight are the carbon-ceramic brake setup…’
longshanks
18/9/2021
08:48
I would buy more-but I’m not feeding a seller.Hopefully he’s gone.There is another buyer out there though OEM 8 will be the trigger for the next push
pinkfoot2
17/9/2021
22:20
pinkfoot2. I can sell you a decent chunk for £3 a share if interested ;-)
bdaonion
Chat Pages: 308  307  306  305  304  303  302  301  300  299  298  297  Older
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