Surface Transforms Share Discussion Threads

[condom2] 20/2/2017 13:00

Dream on !!

[longshanks] 20/2/2017 12:33

I love a bit of flattery but in this instance it is misplaced.Whilst I have served my term on ADVFN raising the profile of SCE amongst PIs, this is fast becoming a "fund manager magnet" and I am sure the company broker is successfully organising meetings to promote the company during what should be a pivotal year.

[condom2] 20/2/2017 10:35

LS - Who needs the Company Brokers when we have your excellent service. Perhaps the Company brokers have retired ?

[longshanks] 20/2/2017 09:29

If there remains any doubt, I have had it confirmed from the company that AM are OEM #6.Total revenues from this contract are expected to be around GBP 1 million: equating to about £1400/disk.That figure includes upfront prototyping and engineering development which has already commenced. One could imagine income to ST from this contract of approx £150k for the next two years with £700k coming in the 12-18 months of the production run.

[quemaster] 17/2/2017 15:13

hxxp://www.carsnews.net/surface-transforms-plc-oem-six-british-luxury-british-sports-bcarb-manufacturer-named

Just to confirm what everyone bar myself already knew :-)

[quemaster] 17/2/2017 14:27

Wednesday6 yes I think your correct, good partners to have though.

[longshanks] 17/2/2017 10:59

The really important point here is that an OEM, for the first time, has declared their use of carbon ceramic brake disks supplied by ST. Such open acknowledgement is a great asset. It is only a small move now for ST to become the preferred vendor of the CC brake option on all AM vehicles.The company should now be able to declare in an RNS which of British OEMs 1,2 and 6 is represented by Aston-Martin. I see no commercial reason now for the detail to be hidden.I am surprised we had no announcement this morning, but perhaps they are being ultra-cautious and seeking permission first on what details can be declared.

[wednesday6] 17/2/2017 10:57

Quemaster isn't the aston martin contract a result of the 2nd feb rns?

[quemaster] 17/2/2017 10:10

Potentially 175 cars so 700 discs, has to be in the region of £500k revenue for discs alone. Interesting that SCE have not issued an RNS, but very encouraging news.

[longshanks] 17/2/2017 03:56

Great news from Toronto. An RNS hopefully in the morning to qualify the contract news. I feel there is still yet more to come in the near future. An exciting year ahead for ST and all long term holders.

[robinbell] 16/2/2017 19:04

and its on SCE website
hxxps://surfacetransforms.com/news-blog/2017/2/16/surface-transforms-announced-as-technical-partner-on-aston-martin-am-rb-001

[robinbell] 16/2/2017 18:59

This article from Toronto explicitly links the AM RB-001 with SCE brakes

hxxp://driving.ca/aston-martin/auto-shows/toronto-cias/aston-martin-makes-am-rb-001-hypercar-the-star-of-toronto

[longshanks] 16/2/2017 16:28

Graham1TY - you should have mail.

[graham1ty] 16/2/2017 08:11

Longshanks, did you get my email passed on ? If not, I am fairly sure you have my email address, so email me and I will send you some notes

[longshanks] 16/2/2017 06:32

My view is that the "cash burn" is going very much as expected: the costs of setting up and fitting out the new factory were clearly spelt out and that is all that is happening.The drop in income is also unsettling but then again this is principally because they have stopped supplying Brembo with material for production of racing brakes.They found out last year that Brembo were passing off the material as their own, so made a decision to stop supply as soon as possible. Too early to say if that was wise, but I would say it is a statement of confidence by the senior management that they no longer need the business.The success of the business now hinges on winning a large OEM contract in the coming year. My view is still that we will hear on the "airframe 1" deal first.However I am sure that Porsche and Audi are keen as mustard to have an alternative supplier to Brembo who have milked their "monopoly" position for a long time.That video of the Audi A8 having a problem at speed with cold Brembo CC disks speaks volumes to me. High-end car manufacturers hate such negative publicity.

[graham1ty] 13/2/2017 15:05

Toffee, hopefully by then the first large OEM will be announced, and the share issue will be at 75p !

They have been quite open about capacity constraints if all the OEMs fall in the next couple of years and another couple of pods will need to be opened, with all the associated expense. By then, hopefully it will be much, much easier to raise more money.

Where I do agree, if SCE run out of money BEFORE a major announcement, then they have real problems.

[toffeeman] 13/2/2017 14:36

Yep LS - the only concern is that further delays conflated with increased cash burn could yet lead to another equity raising in about a year.

If so one would hope for rights rather than an open offer.

[longshanks] 13/2/2017 13:26

Nothing new in these results really: I remain a happy holder for now. As I said at the trading update, one can expect some weakness in the share price in the short term as they are treading water whilst completing the factory fit-out and developing the OEM relationships.

[gwr7] 13/2/2017 10:06

Yawn. Jam the day after tomorrow.

[albert_einstein] 13/2/2017 09:53

The potential is tantalisingly large but these continual delays are a big irritation.

[loobrush] 13/2/2017 09:15

Seems to me to be one of these shares---

This year ? next year ? sometime ???????????

[talkman2] 13/2/2017 08:14

So pleased I got out in the 20's. Still seems a long and uncertain wait for the jam tomorrow.

[graham1ty] 13/2/2017 08:02

Opens 19p bid. There may be a few Placees who took shares at 16p who sell up, Happy to have made a few quid, but putting pressure on the price.

I suppose weakness is inevitable until there is concrete progress

[graham1ty] 13/2/2017 07:26

No surprises. Enough for the holders to keep the faith, enough for cynics to continue to doubt. No rabbits out of the hat, but no real negatives and all OEMs still live.

Suspect will drift slightly while we all wait