Surface Transforms Share Discussion Threads

[albert_einstein] 10/2/2017 09:24

LS,

May is not far away but the tone of the recent announcement suggested no imminent resolution to the delay on that particular contract so May seems a bit too soon really, unless they are simply waiting for the go-ahead before dotting the i's and crossing the t's.

[condom2] 10/2/2017 08:10

LS.I really hope your right. You usually are in this one,but the corporate world take an age to do anything these days.

[longshanks] 09/2/2017 13:29

Hoping for/expecting news from the US first myself...and possibly another British OEM deal before hearing from Germany.I think we will hear of the German OEM in May this year.

[lanzarote666] 09/2/2017 10:57

Found an entry point close to the support line.
Now waiting on news from Germany...

[graham1ty] 08/2/2017 06:45

Reflecting a few days later, the share price performance is a little disappointing. My main worry with the factory move is whether they can still produce the right quality in the right volume in the new furnaces. I could imagine OEMs saying " you get settled in, tell us everything is up and running, and then we can get back on track. But until you prove you can replicate previous quality t, we will just put things on hold for a while".

But we now have one (small) OEM saying that they are satisfied, prepared to sign up, presumably having had all their quality concerns answered ? I hope that means back to business for all the others ? We know they want the brakes, because they are the best performing brakes that exist. It was for SCE to prove they could make them ( i.e. A manufacturing risk, not a technology risk).

So, onwards and upwards SCE !

[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.