Surface Transforms Share Discussion Threads

[cheese666] 13/9/2022 17:32

I listened again to the D Bundred and Hardman interviews and both are, within the usual bounds of SCE, incredibly buoyant and confident. As mentioned already D Bundred looks confident and assured and speaks more openly than usual about how well things are going. The usual cautiousness is mostly absent. The Hardman interview is similarly confident and speaks of a company passing through stages to a new and more mature level. We've seen SCE be confident in their technical abilities, and that of the product, and in their overall approach to managing and overcoming certain obstacles along the way. I don't recall this attitude being applied to the whole venture and, most importantly, the future.

It doesn't take much buying to push the share price up. Whether this rise is sustained or not is almost irrelevant. Soon enough the cold bottom line figures will come to fruition and the share price will take care of itself.

[fillspectre] 13/9/2022 17:09

Well I reckon we are almost at a year to date high. Fils.

[quemaster] 13/9/2022 17:06

The shareholdings in this company seem to be mostly with long term holders, the daily traded volumes for similar market cap companies that I hold usually show a much bigger turnover so I think it's a case of the market makers having to move the price a lot higher or lower to create any volume to execute orders as MMs don't hold many shares themselves.

[fillspectre] 13/9/2022 14:10

The price is rising but the share volume is thin. Strong demand but no sellers? Fils.

[graham1ty] 13/9/2022 13:44

Flurry of activity ?

[fillspectre] 13/9/2022 11:42

Apologies Longshanks for the misread. Fils

[fillspectre] 13/9/2022 11:32

Mike says it is all in the detail. Analyst's like details but so should the market if the details are highly accurate and positive. That is what I have always liked about ST the openness and transparency.
Regards the Senior Quality Manager position Longshanks - I was thinking the same thing myself - but maybe we shouldn't speculate on Kerry's position. Fils

[longshanks] 13/9/2022 11:29

Job advertised is "Senior Quality Engineer", not SQM, fils

[rivaldo] 13/9/2022 11:27

Here's a 14 minute interview with Hardman's analyst about SCE. Interesting comments about how as production costs and sale prices fall with rising production SCE's brakes should enter the mass market and sales could "explode":

[longshanks] 13/9/2022 11:10

Kerry Wood is currently shown as Senior Quality Manager on the website.Perhaps she has been promoted

[fillspectre] 13/9/2022 10:35

Surface Transforms advertising for a Senior Quality Manager. Whether this is a replacement, addition or re-run of an existing vacancy I don't know as I think I can recollect a Senior Quality Manager being a vacancy before. However good to see the team building continues. Fils.

[longshanks] 09/9/2022 18:13

Interesting post about Koenigsegg's ambitions to significantly increase production rates:hTTps://www.topspeed.com/cars/how-koenigsegg-s-raw-project-could-change-the-supercar-business-as-we-know-it-ar196676.amp.html

[jerarnie1] 07/9/2022 12:57

Exciting times indeed, and my thoughts on expanding capacity drift back to a DB comment when asked a couple of years ago.....words to the effect of
'I'd build a factory on the moon if that's where the demand was !'
A wonderful, honest Chairman IMHO

[amt] 07/9/2022 08:28

Yes very exciting times ahead.

[rivaldo] 07/9/2022 08:11

Cheers for that. I can safely say I've never seen the normally prudent and self-effacing DB so full of optimism and bullishness.

"Exciting doesn't do it justice" is his nice closing summary :o))

[ga_dti] 07/9/2022 07:29

Latest interview with DT discussing interim results, energy costs & a huge increase in output -

[fillspectre] 06/9/2022 22:20

Swiss Paul - talk of a CHP installation dates even further back. However, I guess in the past an assessment of the cost / risk / benefits - caused the CHP project not to be started. ST probably had limited engineering team resources and they needed not to be distracted away from the core business of getting the production plant up and running. Possibly a re-assessment , given higher energy costs, makes the project more viable now. The past was a different time and a different place. Fils

[swiss paul] 06/9/2022 14:11

Hmmm, I thought they had already had a CHP installed. I had a chat with the team about it in a investor day over 2 years ago and suggested they get an external to run the the unit and not to do it in house.

[waggle] 06/9/2022 13:43

they are indeed going to implement CHP within the next 6-9 months. it is all part of the development/factory re-organisation plan currently being executed. it is one of the many pieces of the jigsaw which will act as a contributor to maintaining gross margins going forwards.

[fillspectre] 06/9/2022 13:36

Read through yesterday's RNS last night. Probably the most all round positive RNS I have seen from ST and I have been following them a long time. Even better when you understand that the policy has been for a long time for RNS to contain conservatism. For ST to state in an RNS they expect to be able to announce another new contract before the end of 2022 is confidence inducing. They are already on with further plant improvements. ST Management are fully aware of all the current headwinds like the rest of us. Sometimes there can be so many portents of doom around you can start to imagine there is a level of overstatement. Here is to ST steadily getting on with building a superb business. Fils

[fillspectre] 06/9/2022 13:14

Response to supernumerary. I don't know too much about the likelihood of electricity rationing in the UK this Winter. Any rationing scheme would be voluntary and probably incentivised involving both domestic and industrial customers. As ST run continuous processes I doubt they would be forced to take part. Aren't they again looking at CHP - possibly another part of the resilience jigsaw. Fils.

[longshanks] 06/9/2022 13:00

Yes. Is yours up for sale?

[balcony] 06/9/2022 12:35

longshanks-Thank you,Still wanting to buy a island?

[longshanks] 06/9/2022 12:23

The company is currently on a road show (over the next two weeks), presenting to existing and prospective investors.

By the response, it looks like it is going down well.

[balcony] 06/9/2022 12:20

Have we been tipped somewhere?The buys just keep on coming.