Surface Transforms Share Discussion Threads

[amt] 25/9/2020 08:13

Well his comment on 14th September when contracts were already in place and the global market is hundreds of millions was rather staggering. Anyway let's hope he has studied it since and realised its not remotely like Torotrak.

[bones] 25/9/2020 07:54

Quemaster/Longshanks, the following is what Paul Scott said last week in his blog, firstly on 14th September on the day of the OEM8 announcement and then the following day when he stated he would be watching the Hardman webinar on the Thursday following. I have not seen or heard any further comment from him since the webinar but perhaps it is possible he nominated the share for the discussion, I don’t know. As he stated, he does not normally get excited about “blue sky” shares so I do not know if he was persuaded.

14th Sept comment:

“This share reminds me a bit of Torotrak - remember that one? Both companies seemed to have invented solutions to automotive problems that didn't exist. Torotrak decided that tractors, or ride-on lawnmowers, or something like that, suffered from inefficient gearboxes. SCE thought that conventional brakes weren't good enough. Investors randomly seemed to become emotionally attached to the shares, and support repeated fundraisings, defying all logic, and occasional clear-outs of management.

The reason I'm highlighting SCE today, is that it's put out an announcement which actually looks quite interesting, hence is worth a closer look. Sports car makers seem to be convinced of the merits of its brakes, hence it seems possible that a viable business could eventually emerge here?

What sustainable advantage does it have? With vastly larger R&D budgets, how can it stop competitors copying/beating it? Won't costs just rise as fast as revenues? Will there be any sustainable divis?

Answers on a postcard please! Good luck with it. I'll stick with my juicy divis from cheap sofas, and concrete screeding!

15th Sept comment:

“ A reader suggested yesterday that I need to improve my understanding of carbon brakes, so this looks like the ideal opportunity - a webinar from SCE this Thursday at 4pm, should be interesting. Anything to do with cars interests me.

This company floated at almost exactly the time I became a full time investor in Sept 2002. Since then its track record has been lamentable - e.g. it took 10 years just to reach annual revenue of £1.0m. It's lost money every year, and forever promised a bright future for its carbon ceramic brakes, which never seemed to materialise. Until now.

News yesterday of what looks like a decent sized contract, could mean its time may have finally come. I always say that blue sky shares nearly always take far longer, and cost far more than originally planned. 18 years is really pushing the boundaries, but who cares - the contracts now appear to be rolling in for supercars by the looks of it.

So I'll be taking a closer look.

18 year chart below - patience is a virtue!” (The chart won’t format here but most here know it well!)

[amt] 25/9/2020 07:11

SCS, SAGA , Spectra Systems Surface

Scott.

Similarity surging shares.

[longshanks] 25/9/2020 06:27

I may be wrong, but I think it was Paul Scott who commented not too long ago on the fact that he hadn't been as excited about a small cap stock since coming across a small venture called As Seen on Screen. They became ASOS and the rest is history.The small cap in question was Surface Transforms.

[quemaster] 25/9/2020 00:49

I will be interested in Paul Scott's opinion, he was a finance director turned private investor that posted on the TMF forums in the early 2000s, he exposed bad companies and found some real gems giving him a cult following at the time. I think Surface transforms will be right up his street.

[fillspectre] 24/9/2020 23:35

Thanks quemaster - I didn't see where the four companies were listed straight away. It would be interesting to hear what the panel conclude about ST? ST may yet prove too risky for them at this present stage. It may need a few more rows on the revenue road map yet. This concept of the overlapping revenue streams in Kevin's revenue road map is eventually going to form the basis of a very compelling investment case for even conservative investors. I think all us long term supporters know that if ST can win a contract from OEM8 after protracted scrutiny and comparison with the opposition - then they can win again. I'm almost looking on every week that passes now as a week closer to the next contract win announcement - although with the Directors on a roadshow at the start of next week - I'm thinking we are still some weeks away from the next one. Fils.

[quemaster] 24/9/2020 22:12

I was having a look at the event fills and these are the companies....

the MelloBASH this month, we will have the ever popular John Warren, Kevin Taylor, Paul Scott, Alan Charlton and Leon Boros giving their verdicts together with the audience on listed companies selected by you…our Mello delegates. Companies to be analysed this Monday include SCS, SAGA Group, Spectra Systems and Surface Transforms.

I see Paul Scott is one of the panel, he used to host "paulypilot's Pub" board on the old motley fool forums.

[fillspectre] 24/9/2020 20:02

Davidosh - which are the other three companies being discussed? Fils

[longshanks] 24/9/2020 13:25

...sometimes appropriate?

[davidosh] 24/9/2020 13:19

Surface Transforms is one of the companies put forward for discussion at our MelloBASH session this coming Monday from 6pm. The panel session starts at 8pm
The analysts, fund manager and well known investors on the panel will give their honest verdicts on whether four companies are a Buy Avoid Sell or Hold at this current juncture in the markets.



All investors welcome and if you use the code MMV5 you will get a half price ticket. Great investor content and entertainment for less than a fiver

[cheese666] 24/9/2020 13:19

It's not the 'S' though. It's the 'Plaid'...

[toffeeman] 24/9/2020 13:01

Sarcasm is..... :)

[longshanks] 24/9/2020 12:51

Clearly you know far more than any of us Tigger.

[toffeeman] 24/9/2020 12:26

OEM 8 Volume too small for new S

[cheese666] 24/9/2020 09:27

Hope this has sufficient stopping power hxxps://www.evo.co.uk/tesla/model-s/203121/200mph-tesla-model-s-plaid-set-for-2021-launch?amp&__twitter_impression=true

[condom2] 24/9/2020 08:21

Hardman presentation is now on youtube

[condom2] 23/9/2020 04:21

Ssssshhhh LS no names , it’s more fun to do the who done it approach!

[quemaster] 22/9/2020 23:05

I have just finished watching the presentation, it shows how important it is to the OEMs marketing and Surface transforms that their identities remain unknown until the model launch.

[timbo003] 22/9/2020 22:03

The Tesla battery day will be live streamed later this evening (immediately after the Tesla AGM which is currently streaming). This may be of interest given that SCE shareholders now have an interest in an un-named global EV manufacturer

[graham1ty] 22/9/2020 15:36

Just caught up with the video. There were so many phrases and comments that could be “over interpreted” into the most exciting prospects ever ! Little point speculating. We need to just wait and see !

Very positive

[amt] 22/9/2020 11:58

Enjoyed the video.
We don't need to worry if they need to build a cell 2. Current capacity 60m it seems. If they are going to exceed that and need say 10m to build another cell the market cap is going to be somewhere over 500m so if they go for 10m placing we wouldn't even notice it. Anyway they would making perhaps 20m per annum by that stage so might have the cash and as he mentioned other sources available.

[toffeeman] 22/9/2020 11:48

The car is with just one axle and the price is closer to £80k than £50k

[bones] 22/9/2020 11:02

Regarding the Zoom alternative, Rivaldo, I imagine there is probably value to be had in actual face to face meetings especially those chats behind the scenes. That’s how proper deals get done!

[pinkfoot2] 22/9/2020 10:25

It’s a dial in for me next week