Surface Transforms Share Discussion Threads

[rivaldo] 08/2/2018 15:43

Toffeeman and longshanks, the VLE web site is perfectly fine (or at least, it is now):



And the Lander brothers are always available and approachable on the phone. But make sure you ask sensible questions. JL in particular is no-nonsense :o))

Good to see SCE so stable in these markets - and now actually in the blue.

[toffeeman] 07/2/2018 16:29

Impossible to contact VLE (or Dawnay day or D2L - strange

[pugugly] 07/2/2018 14:09

longshanks - Thought the name rang a bell last tripped a screen was at 255/275 on 13/5/10 - not even sure if the same company - but epic the same - No current knowedge of the coy.

[longshanks] 07/2/2018 13:17

Their website is definitely down!

[toffeeman] 07/2/2018 13:15

VLE - can't access website (I seem to be struggling on these :))

[longshanks] 07/2/2018 12:19

Pug - have you checked out Volvere too (VLE)?Astonishing turnaround record with small businesses and they hold a lot of cash back (an awful lot) to take advantage of opportunities as they arise.

[pugugly] 07/2/2018 11:14

Toffeeman - U have mail.

[longshanks] 07/2/2018 05:09

There has been one recent update on the website: new Austrian distributor specialising in Nissan GTR tuning.



I am a fan of Andrew Brode too Toffeeman (LTG/RWS embody his ability to build great companies).

[toffeeman] 06/2/2018 22:42

1. Website back up - no indication of an update

2. Pug Have been in IQE G4M and BOO for a while, looking at:

AFX - lots of momentum but overvalued so if I do buy it's knowing when to leave.
K3C -looks interesting
LTG - see AFX!
RWS - I like the look of - got to get timing right

Now you show me yours :)

[pugugly] 06/2/2018 19:29

Toffeman - Good to see you here and not plunging into Woodford Patient Capital - This is the sort of company I had in mind with my post answering your guestion there. (however could not advise SCE as not authorised to give investment advice !!!) Great potential here BUT still has to have the OEM's sign off on the contracts - Management are however (imo) very approachable and tell it as it is, but as with all companies in this particular area (Supply of performance critical components to industrial equippment (the aircraft brakes) and consumer durables (the cars) will always take a long time to tell if will win through - I will not reiterate the quality standards that must be achieved (longshanks and others have posted these previously).

If your searches turn up other companies with the sort potential and competent management as I believe we have here please let us know. Valuation -v- potential must of course be realistic !!

[toffeeman] 06/2/2018 18:30

Website not working - maybe they updating financial calendar :)

[longshanks] 06/2/2018 17:29

We seem to have avoided the general market carnage today: no profits to take, I guess!!The shares have been very well bid for a while with nothing (just 150 shares) available to buy online without going to a NT.My guess is that the market is gearing up for some positive news. Last year the company announced the AM-RB001 contract in a trading update around this time with interim results coming out on the 13th Feb. I remain hopeful that the timing of this years interims is scheduled to coincide with the news we are waiting for from OEM3.Let's see.

[longshanks] 05/2/2018 08:34

Michael Cunningham was awarded a good number of options recently with other PDMRs and 22 employees. The PDMR options don't appear to have any time component to vesting but are linked to meeting certain "game-changer" milestones.In essence, they should have fully vested in two years time if the current growth plan plays out.We will get results issued this month after which Directors will be free to purchase shares. Michael Cunningham is not a board director and is not restricted in the same way (although insider dealing rules do still apply) and any purchases by him wouldn't need to be declared unless they exceeded the 3% limit.I would expect DB and RG to be the Directors that principally take advantage of the current share price.

[longshanks] 19/1/2018 13:33

It is in development with production starting next year.


I agree with your general sentiment FS: all is ticking along nicely and I have had the confidence to substantially increase my position.

[fillspectre] 19/1/2018 06:45

The Aston Martin car may be in development not production. I'd better go check what the timing is on the start of supply. FS

[fillspectre] 18/1/2018 21:30

Yes an announcement of the race track contract accompanied with official release of the name of OEM3 will give us more assurance that things are playing out in line with the Company narrative. I'm as certain as I can be they are. I'm pretty sure that the Company is in an ongoing discussion with all the OEMs. They may not be in possession of fixed dates. There may yet be more negotiation to finalise contracts to take place (step in our new finance man). However, I think Surface Transforms has been tipped the automotive gentlemanly wink.
I know what I am investing in with SCE. A narrative that stands up to quite a lot of scrutiny. A product that is every year gaining more road miles fitted to some very expensive cars as standard or retrofit. A product that has now been trusted by Aston Martin to be named as a component on a premier car they have in production. A factory that more and more looks the real deal and which I have visited myself and hope to again. There is the uncertainty that a large volume contract may not happen - and that uncertainty remains until it comes - but there is very little gain without some risk. Without a large volume contract SCE remains a niche supplier struggling to break even potentially in possession of an automotive production cell with nothing to make - but the furnace and machine tools are assets. I look around at a lot of AIM companies, some with soaring share prices, and all I see is a spun yarn that doesn't necessarily stack up. FS
PS I'm not replying to you necessarily Longshanks but broadcasting to passing readers who may have a foray onto this board.

[longshanks] 18/1/2018 06:18

I still feel that naming OEM 3 will do little for the share price.My point was more that OEM 3 are happy to be named with the race car contract and, by virtue, to have their name associated early and not held back until they award the more significant OEM contract.It just gives me greater confidence that we will see these important OEM contracts matérialise within the near future.

[fillspectre] 16/1/2018 22:35

Longshanks - your statement that your supposition may be wrong comes at a time when I was querying my supposition! My record of predicting the timing of announcements by SCE is appalling. That is why I am happy to be proven wrong and for it to come earlier than I expect. Still it doesn't stop me still trying to make educated guesses.
One thing I do note is that you have mentioned you think that the name of OEM3 will be released to the public at the time of the race car contract. I'm sure I made this very point in an earlier post to this board and was drowned out by subsequent posts suggesting this would have very little positive impact and was almost an irrelevant remark. The reason I was told is that everyone who is anyone who is following SCE has worked out the name of OEM3 for themselves. You now have drawn attention to the name of OEM3 being released yourself. This suggests to me you may have come a little way round to my way of thinking. My way of thinking is a bold RNS announcement citing a well known respected OEM name and not just that a major player in the automotive industry instead of the current coded language will draw the attention of a lot more than the bespoke collective of normal SCE watchers. Us usual suspects need to be joined by new kids on the (brake) block! FS

[longshanks] 15/1/2018 10:46

I actually think my suppositions were wrong, although I don't think it affects my prediction. It is implausible I now feel that they will be agreeing supply of brakes for the 2018 race market.If looks like the next Porsche Cayman GT4 all track clubsport model will be released in 2019.Not that this is the model in question, but should it be the case that it is, then Porsche IMO would be looking to contractually firm up supply of all components around 12 months ahead of delivery. In that respect I would expect agreement on supply to be between Feb and April this year. That makes the wager between me and FS a bit more interesting - although I still think we will hear sooner rather than later.One thing of note is that I read in the results that as and when the race car contract is awarded, we can expect the name of OEM 3 to also be released to the public. Perhaps I read it wrong but I think not.

[bdaonion] 14/1/2018 21:14

According to the preliminary (edited) results, race season is March to October so an announcement soon would seem more likely. Anyway, a light hearted bet and a charity benefits. Best to you both.

[swiss paul] 14/1/2018 20:58

Gents best of luck to you both

[fillspectre] 11/1/2018 22:47

Ok Longshanks we now sit back and await what we both at least agree is an expected RNS in the first half of the calendar year. Best of luck to you. FS

[quemaster] 10/1/2018 13:24

Those two 130k trades are not sells, that was me transferring £20k of SCE shares from trading account to ISA account.

[longshanks] 10/1/2018 01:17

Agreed. It is a gentleman's agreement so no need for proof on my part - I just assume you will honour the commitment when I am proved right!!

[fillspectre] 09/1/2018 23:52

Longshanks - not that I am going to make a habit of this - but go on I'll take you up on the sporting bet. Contract announcement for race track car in Jan / Feb - I pay £100 to a charity of your choice. March - no-one wins. April / May - you pay £100 to a charity of my choice. One other condition - the charities are both UK based - you ok with this? To explain my thought process you see I think this is for the cars for a Works' race car team not necessarily for a limited edition track car for the public. If we both attend the Nov 2018 AGM should there be a ceremonial presentation of the £100 or proof of payment? Certainly I am expecting to go. In a way I feel I can't lose as if the announcement comes earlier than I expect I will be chuffed. FS