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[longshanks] 06/2/2017 18:28

I note that ST still have a very healthy relationship with Alcon, the brake systems supplier.Interesting to also note Alcon posted this blog post in May 2015 on their work with Peugeot and Bentley. The work with Bentley was for the Continental GT which comes with iron brakes as standard. However I also note that Bentley have a limited edition version of this vehicle: the Continental GT sport.http://www.alcon.co.uk/oems-increasingly-choose-to-work-with-alcon/

[luckymouse] 02/2/2017 16:55

Sounds good - and landing a big distant fish is cool (reflected in the 3yr breakeven projection) - and getting feet under the hood with large prestige players is certainly heading up the right street - but basically need a really big contract now to transform the PnL if the dampers are to come off & this is to really motor (oops lol)







Looks like a successful if long n winding road (lol - sry cant resist :) Good entry point for a punt. TSI & momentum need to get over zero line to run.

[rivaldo] 02/2/2017 10:49

Cantor Fitzgerald retain their Buy and 40p target:



Longshanks, I recently joined Research Tree, which provides broker notes from a number of research houses including Finncap for a reasonable monthly amount (I managed to get a heavily discounted rate!).

[graham1ty] 02/2/2017 09:18

Long, I do not have it. Email me and I will reply

[graham1ty] 02/2/2017 09:17

Longshanks. I think I have yr email. I will forward it

[condom2] 02/2/2017 09:16

Directors TalK has it .

[longshanks] 02/2/2017 09:04

Where did you get the FinnCap note from, riv; is there a link?

[rivaldo] 02/2/2017 08:57

FYI Finncap today retain their 30p target price for the moment.

[condom2] 02/2/2017 08:56

Waited 15 years for this.Not worried about price anymore as placings are now History. A proper UK manufacturing business is being born !!

[graham1ty] 02/2/2017 08:52

Albert, 22.95p I had an order in on the open

[longshanks] 02/2/2017 08:18

I hate it when the market gaps prices up too much so was pleased to see the MMs restrained this time round. We have had some sellers recently so there was some loose stock around. I think the 60k picked up this morning have cleared the decks.

[albert_einstein] 02/2/2017 08:17

What price did you pay Graham?

[graham1ty] 02/2/2017 08:15

There is obviously some stock around. 60,000 bought below 23p without further moving the price

[graham1ty] 02/2/2017 08:10

Surprised that has not been marked better. Had no problem picking up another 10000

[glyn10] 02/2/2017 07:35

Great news on the contract, good to see that the factory move is still on schedule to be completed at the end of February and that production has already been started.

[rivaldo] 02/2/2017 07:33

Great to hear about a new OEM contract win which is ADDITIONAL to the five OEM contracts which are already under discussion.

For a mere £19m m/cap company to be winning the trust of these major global OEMs is remarkable and a testament to SCE's skills and to the product.

Good to hear that the factory relocation is going well too.

As longshanks says, a seminal moment.

[longshanks] 02/2/2017 07:25

I wonder who the tier 1 brake system supplier is. My guess is Akebono.

[longshanks] 02/2/2017 07:17

A seminal moment: the first OEM contract award. This could be the start of a very decent run of news; these things tend to come in threes!Presumably this is for the Aston Martin RB-001 given the timelines quoted.

[drw1] 02/2/2017 07:14

This contract furthur de-risks the investment case.IMO.

[graham1ty] 02/2/2017 07:10

Good win for SCE. One of my main concerns has been OEMs holding back until the new factory is finished. They might say "prove you can make the same consistent quality from the new furnaces as you used to".

Anyhow, an OEM committing now is a major show of confidence in SCEs ability to produce the best brakes in the world!

[longshanks] 26/1/2017 13:20

Managed to pick up another 25K at 22p - shown as a SELL

[longshanks] 26/1/2017 12:56

Looks like the lease on the old premises has been passed on:

hxxp://www.movehut.co.uk/property/11731-unit-4-olympic-park-poole-hall-road-ellesmere-port-cheshire/

I presume they are still completing the move but we should get an update in due course.