Surface Transforms Share Discussion Threads

[bagpuss67] 17/4/2024 08:32

I guess when you now plug £17.5m,into the cash flow forecast they have a material funding requirement at the end of FY24. Depends on how much the working capital offset is though

[quazie12] 17/4/2024 08:29

Sorry like you I have put him on filter not blocked you

[bones698] 17/4/2024 08:29

Think most of us expected they wouldn't hit 23m. Interesting they say worst case scenario is 17.5m now which is what I actually expected with upside at least. This may have something to do with funding and wanting to know worst case.
Its a better update than the last one at least but no clarity over cash position and a more realistic target for revenue imo

[quazie12] 17/4/2024 08:29

Good move blocking SWiss Paul. I see he has now started bragging at making money somewhere else conveniently ignoring the fact that SCE has fallen 95 percent from all time highs. Like you Bones he is on filter.

[bagpuss67] 17/4/2024 08:25

How do you say we are maintaining guidance at £23m one week and have your brokers issue forecasts in that basis and the next the top end of the range is £22m? They are all over the shop. Incredibly poor.

[bones698] 17/4/2024 08:19

Better update at least and clearer than the last shocking one.
Decent ramp up in revenues even with the problems. Cash still needs sorting though no mention of that.
Seller seems to have cleared with low volume of trades yesterday. Bottom maybe although until finances are clear I doubt it will move too much.
Time to buy in maybe seems to be taken well

[amanitaangelicus] 16/4/2024 14:05

Fair point re no new orders reqd. Cancelled orders? Any? What about as new entrants enter the mkt? Gotta happen. Time waits for no scouser as Palace proved admirably the other neet.

[fft] 16/4/2024 12:34

I don't think new orders are the issue. Or even really relevant. It will take 4-5 years plus to clear the current backlog. New orders are fairly irrelevant now, but will appear when the company shows it can grow production. If there are no new orders for the next 2 years it will make no difference to the company finances. It is all about achieving consistent production with a workforce and mgmt that understands the technology and manufacturing process. That is what customers are looking for.

[amanitaangelicus] 16/4/2024 12:26

Touch n go now. New orders will have stalled. Proof will be reqd by prospective purchasers that the management fan deliver. If they can turn this around , I.m thinking a x3-x5 share price Livin la vida loca, baby.

[premium beeks] 16/4/2024 09:48

Backbiting aside, it seems the price is forming a bottom and volume has dropped. Further news needed for direction.Management could have done a better job of kitchen sinking things, leaving a few questions unanswered means the next announcement could also be net negative, although I'm in the camp that it will be valid enough to get investors excited again.

[amanitaangelicus] 16/4/2024 07:55

Swiss Cheese ...staggered buys of course over time of course. I.ll try to help when i can.Keep poking Mr Zero Humility. Have a good un...

[swiss paul] 15/4/2024 21:38

Don't worry I understand completely Mr B.

Been down many a road and seen a lot.

You just look after yourself and give you head a little wobble now and again.

My losses are already booked in. 50K - oh you are a card - that made I larf

[amanitaangelicus] 15/4/2024 17:51

Swiss Paul ... you.ll understand one day fella ...when it s too late. IF this shows any green shoots, I.ll put 50k in, but only once the issues look sorted. Until then ... kp posturing bud.

[swiss paul] 15/4/2024 15:06

Amant - oh you mean like RR was priced to bust - anyone remember the burning platfrom? Did your TA and chicken livers have that priced in as I dont see you on that board.

Me sittinghere with 350% profit to date 😀

[premium beeks] 15/4/2024 12:55

Market in SCE effectively shut at the mo. Can't sell any and my broker also not quoting for buying in any size.

[amanitaangelicus] 15/4/2024 11:07

Swiss Paul ...clearly annoyed at his own foolishness, lack of humility. It happens to us all, then you take note and learn. Aim kills off many an expert! Why? Because many aim ceo.s are economical with the truth ,many just tell porky pies. Time lags rife too. Insiders kept uptodate via their burner phones. Think the worse share price - you.ll thank me. The mkt knows before any rns is released. Use Tech analysis to look for clues pre rnsed stuff. There s usually a trail - of destruction. Gonna get taken over for nowt imho. The current leaders will get a nice plum job on the new owners board. Yeeha! Bent as is Aim. Never changes.

[premium beeks] 15/4/2024 09:47

I'd say they were bailing out from results, hence the drop. Amazing that people still don't understand that news releases on holdings are usually historic events, reflected in the price somewhat.

[amanitaangelicus] 15/4/2024 09:42

One ii bailing out ...others probs reduced too, zero belief in the entitled, pocketlining , morass of uselessness at the helm here. Bet new orders are hard to come by now.

[bones698] 15/4/2024 09:32

You need to read more before making stupid comments I know that. Your comments show that you haven't done any research before posting. Back in your box one for the filter list bye

[swiss paul] 15/4/2024 09:26

Wow Bones I did not realise you were so brilliant. Why dont you approach the company and offer your expertise in this specific situation. I am sure they would be honoured and awed at your presence.

Who knows they may name a product after you - Bare Bones 😀

Cheers up fella its only money, and you should not put on what you cant afford to lose.

As an aside you dont know my history.

[quazie12] 15/4/2024 06:18

Why the smug put down because somebody makes a post you dont like. We have all been screwed over by a lack of transparency by management. I would suggest the RNSs over the last 18 months have been less than up front regarding line issues. The points bones make are completely valid.