Surface Transforms Share Discussion Threads

[knownowt] 07/7/2016 10:54

Longshanks, I don't think thatwe are disagreeing; the aim is to get the costs down sufficiently to be able to sell at £500 with a 50% margin - ultimately. Having just looked at the AGM presentation to refresh my memory, pages 13 and 14 both refer to capacity being 17,000 discs and sales of £15m.

[robinbell] 07/7/2016 08:14

Just to add the production of the AM RB 001 is 99-150 road cars (not finally decided but there has been so much interest that I believe it will be the higher number) and 25 track only cars. I think the £2.2 million revenue from OEM1 in 18/19 is this car.

hxxp://www.autocar.co.uk/car-news/new-cars/aston-martin-am-rb-001-interior-track-version-am-rb-002-and-more

hxxp://www.carmagazine.co.uk/car-news/first-official-pictures/aston-martin/no-bull-aston-martin-and-red-bull-racing-reveal-am-rb-001-hypercar/

[longshanks] 07/7/2016 08:12

Happy to be wrong - but I think the plan was to get the price down to approx £500 per disk.

[knownowt] 06/7/2016 22:11

I think that you are making one misconception re cost. Brembo is charging nearly €1000 per disc; why would SCE sell a better product at approx. half that price? 100 cars would imply income of near €400k, but that would just be the start.
Koenigsegg is a great name to have on the bed-head but it doesn't have real volume at 10/15 cars per year, or even perhaps double that.
Aston Martin as a customer would be a fantastic boost and, I believe, would encourage other fence-sitters to commit.
The board will be conscious of its responsibilities re any forecast, but the fact that decisions have been taken to move production to substantially larger premises, and to order more plant, has to speak volumes about its confidence that the unnamed OEMs will deliver.

[longshanks] 06/7/2016 11:56

Indeed - the same thought crossed my mind. 99 of these HyperCars are planned which would equate to income of approx £200k.My guess is that this model is a statement of intent by AM. Having the same brakes on their new £100k model as the ones on their £2.5m model could be the lead in to using an improved braking system around ST disks.I note that for the RB-001 they comment on having done a complete redesign.

[mjcrockett] 06/7/2016 11:04

In the last Trading Update the Company said the revenues from OEM 1 would be £2.2m in the first 2 years from the limited edition vehicle. The new Aston Martin has only a project production of about 100 cars which probably does not fit with £2.2m revenue.

[bdaonion] 05/7/2016 22:46

Unveiled today was the Aston Martin AM-RB 001 a limited edition supercar due to be available in 2018. From the photos, one could almost make out the brakes have a carbon ceramic look to them. Could this be OEM 1 mentioned in the trading update last month? The dates and spec match and wouldn't a constructor of the fastest car want the same brakes as the Koenigsegg as standard?

[longshanks] 04/7/2016 10:34

Market limits on the offer are very tight this morning.The growing confidence is palpable.

[rivaldo] 04/7/2016 10:17

SCE are recruiting "due to demand" and have a new Careers web site page with a nice intro...



"Surface Transforms is a growing company, looking to double our headcount in the next 12 months. We raised £6m from investors this year with the goal of expanding from our line of after-market next-generation carbon-ceramic brake kits into supply to car manufacturers. We are currently working on development projects with five high-end car manufacturers. Currently based in Ellesmere Port, we will relocate to Knowsley Business Park by the end of 2016. We will be looking for a range of roles across the business, from shop-floor operators to high-level managers and anywhere in between."

[condom2] 27/6/2016 15:47

I don't really see much changing,business as usual,without silly laws from the EU.It will probably make life easier for UK manufacturing, and the product cheaper.Anyway the Germans need the UK ,and the UK needs them.1 in 5 of their cars go to the UK !!!

[loobrush] 27/6/2016 15:28

Now we are in Brexit mode I think any optimism about a deals with the Germans may be put on hold-and have to wait a very long time until they see how this plays out.
Anyone a view on this ?

[longshanks] 27/6/2016 11:47

That has to be a concern - not only the Euro trade ramifications but also the likelihood that we will dip into recession now.Medium term though I wouldn't expect any significant impact. Once negotiations are complete on Brexit (and I wouldn't be surprised if the divorce process took at least 5 years), I doubt free trade with Europe will be adversely affected in real terms.

[regandharry5] 27/6/2016 10:26

Wonder if the Brexit vote will have any adverse effect contract timing?.

[graham1ty] 23/6/2016 13:22

Long shanks, brilliant update to the header. Well done. Just wish we could get one of them announced.

[longshanks] 23/6/2016 13:08

As the company is starting to look interesting, I have updated the header - both to correct the shareholding tables and also to provide some pertinent info.

Interesting to note the growing list of distributors - presumably one of the reasons behind the 25% growth over the last year in retrofit sales.

[rivaldo] 23/6/2016 11:51

I can still sell 75,000 online at 19.5p, whilst I can only buy 15,000 maximum at 20p, so more demand out there.

[condom2] 23/6/2016 10:55

Cantors bless 'em !!!

[condom2] 23/6/2016 10:55

Not when you had sales of 35k plus at 17.75 on the day IMHO.

[regandharry5] 23/6/2016 09:29

The 25K trade yesterday at 19p already looks good, could be better still at end of day.

[longshanks] 23/6/2016 09:00

Online limits are particularly tight atm.Can only buy 500 in a direct trade....The price was marked down because of the placing and open offer but it looks to me like few want to stag any of those shares so the market is struggling to meet current ongoing demand.Can easily see this steadily appreciating in price to approx 25p over the next few months, just on the back of optimistic expectations.As and when we get an OEM contract announcement, I would expect to see the price gap up substantially.

[rivaldo] 23/6/2016 08:56

The recent repeated buying at above the published offer price suggested a lack of stock available.

This is borne out online, where presently I can sell 120,000 at a premium at 18.6p, whilst the maximum I can buy is just 500 shares at 19p!

Looking good.

[drw1] 23/6/2016 08:51

SP looking very sensitive to even small buy's.
Tends to be a sign of news coming.(imo)

[longshanks] 22/6/2016 19:02

Those crackerjack pencils...

[cougar99] 22/6/2016 18:21

so ... what happens at 18.09 on Thursday then ? .... If it was Friday and five to five it'd be Crackerjack (if anyone remembers that?).....