Surface Transforms Share Discussion Threads

[pinkfoot2] 11/12/2023 08:49

It’s called tail swallowing

[volsung] 11/12/2023 08:39

It looks like I might be able to pick up some more at or under placing price

[amanitaangelicus] 11/12/2023 08:18

Market loving the news. Cash generating by 2024 ...pudding, proof, eat ...

[bagpuss67] 11/12/2023 07:06

Would have been nice if the loan had been signed up at the same time but anyway onwards and upwards hopefully

[amanitaangelicus] 09/12/2023 13:26

Buys equals sells minus the ones the mms keep/ play with to make a mkt for nms deals.Buys ,sells only an indication based on midpt. Games played all the time on Aim.Totally untrustworthy, poorly regulated - the dim believe all that they are told. Hope the amateur management here wakes up and sorts things before the obvious competition kicks in. A T/O will happen,low ball. Then new management can sort out probs, capital reqs for real. SIPP ? I wouldnt put this in a hamster cage.

[volsung] 07/12/2023 16:12

Yes i got caught with that Robin
had set aside money in my share account but it seems if the entitlement originated from a SIPP they have to be bought in that
Oh well
By the looks of things might be able to get them cheaper in the market anyway

[bagpuss67] 07/12/2023 10:14

That's interesting.i thought i couk only get ISA entitlement in my ISA (fully subscribed)

[robinbell] 07/12/2023 09:17

For HL entitlement in a SIPP has to be bought inside that wrapper. Entitlement in an ISA can be bought inside that or in a Fund & Share account. Bit late for that advice as it's too late to do anything now with HL. Maybe useful for someone in the future.

[robinbell] 06/12/2023 16:08

So of 6 those 200k trades effectively cancel each other out. Volume reported by ADVFN is 1.2 million shares too much on the sell side.

[volsung] 06/12/2023 13:50

Thanks tofeeman

[toffeeman] 06/12/2023 13:46

>> @Volsung

I applied for basic and additional in SIPP, ISA and dealing accounts

[pinkfoot2] 06/12/2023 12:25

I bet you wish you were as mad and bad as him matey

[volsung] 06/12/2023 10:31

Does anyone know if I can get my allocation in my fund and share account if my initial holding is in a SIPP drawdown account?

[amanitaangelicus] 06/12/2023 10:00

Oh yes he is unstable! Genius for sure. Tantrum kid. Sucking it up too much to Ted Cruz for sure. GOP hate Twitter/ X.

[amanitaangelicus] 06/12/2023 07:54

Musk unstable ...big issue.

[quemaster] 02/12/2023 23:52

Bones698, yes they could use Brembo on future models, my point was about the possibility of contract cancellations which you raised in an earlier post and why I think this is highly unlikely.

A question was asked regarding this in the presentation, an OEM would have to go through the whole integration process again if they were to change to Brembo ceramics this is something that they don't want to do and time wise can't afford to do.
OEM 10 have Teams that only job is assisting the manufacturers in their supply chain with production issues, they have been in the UK helping ST with their problems but still signed off the recent £100M carryover contract.This contract doesn't start production for 3 years but shows they have no plans to change supplier, after all they want the best brakes available on their cars.

[pinkfoot2] 02/12/2023 13:08

It’s still very immature so I suggest their quality department is still growing up-

[amt] 02/12/2023 12:55

OK but Tessla is the biggest electric car manufacturer in the world, so hardly a teenager.

[davealders] 02/12/2023 10:00

If anyone has listened to the latest Joe Rogan podcast with Elon Musk, he sheds light into just how difficult manufacturing can be.
This is a guy that has worked with engineers who have managed to make a rocket land back on earth.
Sure I'm sure a guy who owns TESLA and want's carbon ceramic brakes for some of his electric cars is patient enough with some hiccups along the way.
The podcast is well worth a listen and might change some people's mind who don't come from an engineering background like myself.
Good day all.
Thanks

[amt] 02/12/2023 06:57

bones698 if you are worried about the loan then why bother having an interest in SCE. I am sure they wouldn't be stupid enough to have gone down the current route of massive dilution without the loan being guaranteed.
I agree though that the share price isn't likely to recover until we see evidence that production issues have been resolved. So the next 6 months is critical.

[bones698] 02/12/2023 03:39

Quemaster that wasn't my point the point i was making is there is other suppliers available to OEM's if required which someone was saying there wasn't . Yes the specs might be different but if needed they would make it work .

What concerns me now is the uncertainty of the loan facility . This isn't guaranteed and given the current state of play both with the market and with banks being risk averse . Add to the ace's recent poor performances and I would be waiting until that is a done deal otherwise this could drop a lot more if they fail to get the loan . For me there is no need to be buying in now while that risk is present

[bones] 01/12/2023 23:43

My own view now is that all the arguments on here about the merits of the business and its management over the last year have been truly flogged to death. There’s only so many hours of your life to be spent obsessing over a perceived wrong.

Now that the open offer is almost completed, I’m happy to wait and see how things develop in 2024. Trusting for a smoother operational ramp up while not being complacent enough to think it will all be plain sailing. Even so, I imagine management are paying close attention to getting the business back on track.

[geko5trade] 01/12/2023 19:23

cheese, fair points but I don't think it unreasonable to criticise management on what was a poor presentation. It is AIM but it is a listing and they are accountable to shareholders. So yes shareholders do have a choice but management have a responsibility to them and I think that video fell below what's expected. Clearly a number of people share that view. It doesn't seem excessive to ask that they put a couple of hundred quid into putting something out that's more polished and less stumbling. It would at least give the impression of being more on top of the issues. I hope they are because as pinkfoot says the order book is impressive.