Surface Transforms Share Discussion Threads

[pinkfoot2] 13/3/2024 10:51

I’ve got a lot but I don’t get emotionally attached-the company is worth multiples of today, whether owned as is or in a bigger parent

I don’t get hung up about a mediocre website/it’s not stopped sales!

[amanitaangelicus] 13/3/2024 07:38

And Pinkfoot, you sound like you're trapped at a higher price and like the sound of your own voice. You.re also Boss Baby here it would seem. Only game in town here is whether or not the current leadership can sort out the installation of new gear, effectively ironing out the problems in the production line process. Need more, better staff too it would appear. Order book v mkt cap is startling. It s sooo out of kilter. I.m watching the share price alone - the insiders will know before us (maybe not you though i guess) How s the geese?

[pinkfoot2] 13/3/2024 07:25

Go away Bones-your constant sniping suggests you’re just a disgruntled ex employee

[damayhill] 12/3/2024 20:08

bones698, not sure why you suggest that the lack of a further contract announcement is an issue at this stage. The January TU simply stated 'The Company expects to announce further new contract awards in H1 2024' - we're currently in the 11th week of 26 weeks in H1. A contract announcement now would also likely have zero effect on the share price because until there is confidence in ability to ramp up production, additional contracts are all fur coat, no knickers. A contract announcement AFTER a positive April TU would be much more likely to have the desired effect. As you say, they may pair the two things if the timings work out that way, but that doesn't automatically mean that one will be used to gloss over the other.

[bones698] 12/3/2024 15:22

The website too is amateutish to say the least I just get visions of torotrak here happening all over again. I know they are very different of course but the failures just at the point it should have been delivering point to some poor management and decisions imo. Whilst those individuals remain with the company its hard to get to excited.

April update is certainly going to clear things up one way or another the problem is nobody cna day how it will go. The lack of the oem order means wither its not happening or is going to come with those results to possibly gloss over some less than good news in the update.

The more I look into this company the less impressed I have become and fear the management team simply aren't upto the job to make this work.

I so badly want to invest her but can't bring myself to do it at this point anyway. I'll see what the update brings

[amanitaangelicus] 12/3/2024 14:01

Not long to wait for an update on progress. That order book is too good for a mkt cap of this size.

[amanitaangelicus] 12/3/2024 08:38

Nay volume, odd fall. Icebergs?

[bones] 12/3/2024 08:21

As Bomber13 said, getting well clear of 10p would alter the investor psychology. Just getting back to that level has flushed out those who want their placing money back (see late yesterday trades). If the company can finally deliver something upbeat on its production rates and processes, the mood should flip for the better.

[amanitaangelicus] 12/3/2024 07:59

Bones - dead right. The myths about poor chinese quality etc has bn trashed ( not in all cases) Due to their vicious educn system, kowtow culture,workers graft etc When peeps like Nikon etc and every other world leader is churning stuff out from China, you know the factory tech is decent. The workers are just workers. Ants. Cheap ants. We pretend that our uk workers are somehow different. 70% cant read properly, let alone do %'s. We have over inflated egos. There is zero special about us. Bright kids need streaming, accelerated, moved to Oxford, Cambridge - forget the social expts. Tests at 11 are needed to give the poor bright a chance or 14 like in China. Britain has gone to the dogs, Awash with freeloaders, lazy Brits, migrants who wont integrate, yet bringing their families over etc. Multiculturalism failed eons ago. London a sh## pit first class.

[amanitaangelicus] 12/3/2024 07:51

1 share trades tosh. share price up, good news. Leaky? Hope so!

[supernumerary] 11/3/2024 23:21

post hoc ergo propter hoc!

[rivaldo] 11/3/2024 22:45

I would have agreed with you supernumerary, but given today's price rise after all those 1 share trades occurred, perhaps the signalling theory isn't entirely b.ll.cks :o))

[supernumerary] 11/3/2024 16:42

riv - I've read lots of explanations of this phenomenon and all those that were credible were purely technical and had no significance for the wider market, so I promptly forgot them :¬(

You cite the 'AGM attendance' justification; I've also heard that it's rounding by a broker to make a specific trade size, and with lots of them like this I wonder if it's not somebody making minimum trades to move themselves into a better discount bracket? Or just some demented AI-driven bot hallucinating?

Anyway, it's something of that ilk, and certainly NOT signalling between MMs!

[pinkfoot2] 11/3/2024 16:12

My pet hate-low pay.The good news is China was found out in the pandemic so a lot of onshoring and local supply ideas coming back into fashion

[gripfit] 11/3/2024 15:29

TBF… the same could be said about a lot of companies in this country..

[bones] 11/3/2024 15:19

Sadly, today, to match industrial counterparts in China, Korea, India, et al, the UK has to match their abilities…R30;……230;to pay their employees £1 an hour!!

[damayhill] 11/3/2024 15:08

Liverpool also has one of the richest and proudest manufacturing histories in the world. One of the reasons the city fell on relatively hard times is because of the decline in the manufacturing industries in which it traditionally thrives. The only places in the UK that could rival it are Manchester, Glasgow and, to a lesser degree, Belfast.

[pinkfoot2] 11/3/2024 14:32

Shame on you Fever-Liverpool is one of the wealthiest cities in the U.K. with a massive employment pool

[balcony] 11/3/2024 14:20

Large trade of 380K just reported.

[bomber13] 11/3/2024 14:16

Extraordinary , I have never seen that happen before in any listed company let alone on AIM .

As the clock ticks towards the April trading update , there is no doubt that things will get potentially jumpy in the shareprice , but , given the historic leakiness of this company , this move is at least in the right direction . Even at 10p , the level at which £11m gross was raised in December , the market cap would still be below 10% of the order book .

Getting above that 10p level is really the key in the short term .

[rivaldo] 11/3/2024 12:32

There's been 23 (count 'em!) different buys this morning of 1 share each at 9.39p and now 9.49p.

I know some buy 1 share to attend the AGM, but that's just a one-off. Can someone educate me as to why this happens?! Is it really a code to signify something as some think (this always seems like the usual b.lcks conspiracy theory to me). At least the share price has ticked up.

[swiss paul] 11/3/2024 08:38

They have already successfully engaged with local FE in there plans to enegage with local workforce. Just need to poach from JLR and some of there supply chain co's.

[fevertreeman] 10/3/2024 13:45

I agree with your concerns about Johnson's access to talent. I mean the company is plonked in Knowsley, which the Echo's stats suggest has 30%+ deprivation, in one of the least affluent regions in the UK. Johnson's devotion to Merseyside has been admirable, and of course as Merseyside is desperate to have jobs, especially hi-tech jobs, he has been able to get substantial grant funding to support the narrative. T

The issue going forward is, is there is a genuine pool of hi-skilled labour that the company can access as it expands? If not, then Johnson has an issue. Surely the Board (which includes 2 ex senior OEM execs) must realise that successful expansion of factory footprint must be linked to a proper 'talent' strategy. And yet we all thought that the Board were on top of financing and operational issues....