Surface Transforms Share Discussion Threads

[bones] 14/9/2020 08:14

Management appear barely able to contain themselves! I guess the long term planning department have got themselves a busy to-do list.....

[amt] 14/9/2020 08:13

33p to sell, perhaps 50p today,?

This vindicates what they have told us.
Perhaps 50m annual turnover and 15 m profit isn't that far away. If so surely market cap would justify 2 quid share price.

[albert_einstein] 14/9/2020 08:01

What are they opening at?

[graham1ty] 14/9/2020 08:00

Just looking at the FinnCap note, and the 55p target price is based on JUST announced contracted revenue and based JUST on one single production cell.

[balcony] 14/9/2020 07:58

YES-Well done to all at SURFACE.

[longshanks] 14/9/2020 07:57

Remember the AGM quote.'It would be easier to list who we aren't working with...'Whoever OEM8 are, and I think it will leak in time, they won't be German or British. They have a new model due to release in 2021 with CC brakes on both axles. A global player. Maybe they're French!

[pugugly] 14/9/2020 07:55

Now I wonder what is the next rabbit DB will produce from his pocket!!
Great news - Our company now well byond the "will it -won't it stage" - Let's forget brokers notes and wait for our product superiority to be reflected in increasing bottom line -

Congratulations to DB and team - who having put their money where their mouths are - will now reap their rewards along with us - outside investors.

Trusting I never have to eat my words but I have never been more confident.

[graham1ty] 14/9/2020 07:55

“Add support” regandharry.......I hope rather more than that.

SCE are showing that their OEM5 contract was not a fluke, that Koenigsegg, Aston Martin are not “exceptions221;. This is a major global manufacturer.

As a quick aside, this is OEM8. Is there an OEM7 who were ahead of them in the testing/research queue ?

[balcony] 14/9/2020 07:55

The great bit is this starts 2021 not much more than 3 months away,Also like longshanks says the 400k turnover above market expectations news is fantastic.

[regandharry5] 14/9/2020 07:50

Wondering who OEM8 are, Still brilliant news. Must add support to the share price

[graham1ty] 14/9/2020 07:50

Zeus move their target price to 45p. FinnCap move it to 55p.

I hope they are fulfilled !!

[jerarnie1] 14/9/2020 07:44

Terrific stuff SCE !

[graham1ty] 14/9/2020 07:43

Amazing news. A new OEM. OEM3 had better get their skates on or they will not have access to capacity.

[longshanks] 14/9/2020 07:42

Absolutely. Although tapping shareholders at £1.30/share is an option that can't be ruled out. ;)

[pinkfoot2] 14/9/2020 07:42

I’m as delighted for the staff as much as me-great news and well done

[knownowt] 14/9/2020 07:38

Yes, but with a contract/contracts, production capacity expansion can be financed by ways other than asking shareholders to put their hands in their pockets.

[longshanks] 14/9/2020 07:28

Also worth noting that sales for this year are ahead of expectations too and this snippet:"The Company continues to expect to make further contract award announcements over the next six months."I think we are going to need another production cell soon.

[rivaldo] 14/9/2020 07:16

I think the title of this thread will be very apt today :o))

Congrats to SCE, marvellous stuff.

[wednesday6] 14/9/2020 07:13

This should put a rocket under it!!

[longshanks] 14/9/2020 07:12

Things will get sparky from here on out.Well done KJ and all the team.

[condom2] 14/9/2020 07:09

At Last !!!! Great News !!!

[pro_s2009] 14/9/2020 07:04

Excellent news.