Surface Transforms Share Discussion Threads

[quemaster] 18/8/2020 15:05

Yes there was only one, this is where we are now, Five on the bid at 21p and three on the offer at 24p.

11:59 CFEP 5,000 21 24 5,000 CFEP 11:59
14:41 FCAP 3,000 21 24 5,000 PEEL 14:41
14:41 PEEL 5,000 21 24 5,000 SCAP 07:35
14:30 SING 3,000 21 25 3,000 FCAP 14:41
12:00 WINS 5,000 21 25 5,000 WINs 12:00
07:35 SCAP 5,000 19 26 3,000 SING 14:30

[longshanks] 18/8/2020 14:36

You might get your order filled, but market seems short. I don't have L2 but I suspect only one MM is on the offer.A week ago you could buy less than the quoted offer.

[cheese666] 18/8/2020 14:27

I've got an order in now at .22p which remains outstanding. I've never been able to buy SCE within the spread. Would the broker I use affect this (I use III)?

[longshanks] 18/8/2020 14:03

Normally you can buy within the spread, but unfortunately it is also normal practice to be unable to sell stock at a profit (or break even) at the time of purchase. You may resent it, cheese, but that is the way the market works.

[cheese666] 18/8/2020 12:25

Were these at .23p? I tried to buy more today (10K) but resent the instant loss which buying at.23pm gives me.

[rivaldo] 18/8/2020 12:02

Perhaps not any more :o))

[regandharry5] 18/8/2020 11:53

Must be plenty of shares about.

[rivaldo] 18/8/2020 11:29

200,000 shares bought in four 50k tranches in the last couple of hours. Someone's keen.

[longshanks] 15/8/2020 08:52

'the automotive buyers will never allow cool margins'They don't have much choice. Until the market opens up there are only two suppliers. The disks supplied by ST are the better of the two not only on performance but on flexibility. That flexibility allows manufacturers to make choices that can save money should they so wish. ST should be able to maintain very healthy gross margins on their premium product for some considerable time.

[quemaster] 14/8/2020 17:54

There is a future price structure with OEM5 that involves discounts for increased volumes, we obviously don't know the details but ST seemed happy with the agreement.

[katschmarek] 14/8/2020 15:53

ST has never been in mass production and will have to 'survive' by 'dancing with these elephants'. In case they do, the automotive buyers will never allow cool margins, as they are involved in all details regarding costs. So let's see, when the first deliveries will start in about 18 months ......

[fillspectre] 13/8/2020 23:04

"NOT ST looks like we are going to have to go some to get the wider market interested."
The exception would be an RNS involving TESLA - I think that would be an instant head turner and we possibly would see a share price move somewhat disconnected from the actual underlying numbers. Fils.

[fillspectre] 13/8/2020 22:49

Graham don't be left despondent by my recent post reply to Katschmarek - I personally am still as patient for ST's prospects as ever. I was just trying to engender some realism - for some reason this share has never been given the star response some AIM shares are treated to. I have seen many a limp RNS cause a share price to soar, particularly some of the pharma stocks - leaving me thinking what is going on. NOT ST looks like we are going to have to go some to get the wider market interested. Eventually though they will wake up! With ST the investment case fundamentals are simple - do you believe the carbon ceramic brake market will continue to grow? Do you think ST will be a significant player in this market? If the answer is yes to both questions then this share has to be a buy and hold. Brembo already has built a £160 million annum revenue stream from this market. A fraction of that number would transform the current forward projections for SCE. I believe all the stars are about to align for ST. We will have to enter a post-Covid world of steadily returning normality (I do not accept the "new normal" school of thought) - our previously expected societal freedoms will eventually be demanded and sought out by the vast majority of the public. The post Brexit trading arrangements will have to be locked in soon as we put the endless debate behind us. Best of all OEMs have to make plans years in advance and they are also forward looking. Therefore the contract announcements we should soon be getting will be for revenue streams starting two year or three years hence - and these will come as the OEMs stare into the brighter uplands that are bound to come. The revenue streams also usually span a number of years. I like the idea of one RNS after another providing an overlapping forward revenue picture - so that Kev's powerpoint slide has to be changed to portrait view from landscape. Also I still don't discount the environmental credentials CC brakes have in possibly bringing forward larger take-up via political intervention. I am thinking particularly reduced brake dust emissions. Fils

[graham1ty] 13/8/2020 07:59

It is about patience, and just standing back. The share price did not take off on the OEM5 announcement a year ago, which did surprise me, but did climb towards 30p at one stage. Like all small caps, COVID hit the price ( but not the Company) hard and the background recession and the car industries woes do not help.

But since the fundraising, which gave significant comfort on the balance sheet until profitability, the price has risen from 13p to 22-23p now. If it had done so in a straight line, we would be happy at the steady recovery. Having been to 25-26p in July, we now feel disappointed.

Patience !!

[amt] 13/8/2020 07:37

It's all about patience. We know the brakes are going to be used in several cars from at least 3 different car producers. So it's not about credibility. They already have that. Of course the production is due in 2021 onwards so we will have to wait a year or two before we see significant impact on revenues. In the meantime it is more than likely that more awards will be won and then in 3 years time I expect exponential growth in the decade ahead and a valuation perhaps tens of multiples of where we are now but that's at least 5 years away.

[quemaster] 12/8/2020 22:25

The OEM5 contract is only an option on one axle, and the first Major OEM to use our brakes, a new OEM coming to the party would surely add a huge amount of credibility to our product.

A contract from OEM3 would also put the environmental test to bed and open up their two sister OEMs. The initial possible model that SCE were in discussions with OEM3 was worth £10 million PA, this didn't happen but gives an indication of the potential revenue from a standard fit on a model.

[fillspectre] 12/8/2020 21:50

Katschmarek you point out that there was a distinct lacklustre reaction to the OEM5 contract announcement last year - I totally agree. I have always found this a bit worrying. I am not sure the next two or three contract announcements will cause a sudden re-rate of the share price - perhaps we need a tale instead of consistently increasing revenues from a diverse range of clients. Fils. I still think Q4 will be where it is at. August is going to be as arid as ever.

[katschmarek] 12/8/2020 19:46

last years game changing contract with AMG hasn't resulted in any reasonable increase of the stock price. Why should the next announcement cause any major impact??

[bones] 12/8/2020 17:28

Given management has said (1) it doesn’t speculate on future contracts and (2) appears to have flagged confidently that there will be more new contracts in 2020, something has to give. Any new business announcement should do wonders for the share price I think, assuming there is substance to both quantity and quality. We reasonably can expect something or things in the next four months?

[katschmarek] 12/8/2020 16:58

All major share prices increased quite substancially; Bitcoins rose, gold has risen sharply, only ST stays where it is! You need endless patience with this company as a stockholder. Even the employees Kerry and Michael C. have only made losses so far. I hope my patience will pay off at the end (of this year??).....

[longshanks] 11/8/2020 15:44

Lol. That wasn't what I intended.What I meant, is that this is a very different vehicle type for AM and for all the market research that they will have done, I am sure they want to take their time before developing variations from the core offering.

[toffeeman] 11/8/2020 12:14

Am I allowed to say "a tad patronising Longshanks"?

A-M will have done the market research.

[longshanks] 11/8/2020 10:55

I have to say, the DBX does look surprisingly good and should, with a fair wind, prove a successful route for AM out of their current malaise.Whilst ostensibly a SUV, it is also rather sporty and could well benefit from brake disks that improve road handling and ride quality. Given its OTR price, I am surprised it doesn't come with CC brakes as an option. Still time, of course, for them to introduce such an option and a premium version with them fitted as standard. I think that will happen once they settle into production and better understand the market.

[graham1ty] 10/8/2020 15:11

I love that the Gemera comes with ISOFIX points ! You don’t want little Johnny to get thrown out of his seat as you get to 60 mph in 1.9 seconds, and then brake as quickly !

As the range isn’t great, would be a convenient nursery dropoff car ?