Unlikely, ST tried to get into F1 back in early 2000s but unfortunately F1 is too much of a corrupt closed shop |
Fair comment |
They've enough on trying to make ceramics, let alone switching to carbon/carbon |
General Motors' new Cadillac team gains final approval to join expanded grid from the 2026 season;
Brembo currently manufacture all F1 discs (and no doubt will for some time to come). Maybe one day ST will get a look in for the GM team if it hangs around.. |
Come on Cave …. Take the lot for 10p 😉😉128077;🏻8077;🏻ԁ70;🏻💪;🏻 |
Market likes it
Bones doesn't.
Whats not to like 😀 |
It's just an interim appointment and it will be difficult to recruit a decent permanent replacement I would have thought. |
Market seems to approve in short term |
A few nice buys coming in.. |
Having said all that. They wouldn't put him in unless a deal was signed up I guess and we haven't heard anything on that.. So probably a red herring! |
They also own a company called Highline Warren which although seemingly not in brakes is in automotive...and their manufactured products appear to me more oils and lubricants... |
Maybe a bit small and unprofitable for them but they may see a rapid path to SCE meeting their investment criteria.... And they are fairly adjacent to GM geographically..
Just idle speculation of course |
That depends if you think IM has been a sucess..
Intersting that he comes from an Pritzker company. Worth reading what type of businesses they invest in... |
It's not good news surely. |
Dont think its bad news. Hopefully the new CFO buys a few shares. That would be good news. |
So it’s good news then ?? |
Presumably held back for so long whilst the new boy was sourced |
Fft surely if that was the case it would have been done sooner . Discussions if ongoing have been going on some time so to depart now before announced seems off to me . Just another unanswered question of which there are many ATM with sce |
Is the new guy credible? |
I would have thought the retirement of the CFO could/would have been the requirement of any funding operation.She effectively made things up in more than one meeting I was in when it would have been better to keep quiet. |
Nice early retirement if u can do it … |
She did not have the confidence of investors. At public meetings she has sometimes tied herself up in knots trying to explain things. |
Strange she hasn't been there that long . That along with the sudden departure of the last chair has the hallmarks of leaving a sinking ship . Strange time for her to leave if a financing deal is about to be announced . KJ going to be left holding the van ? It would be well deserved as he was the prime reason for this debacle |
Fair comment. But at these levels I feel those sort of sales are a bit more significant (albeit I accept not material).,, Not so long ago those shares may have been worth millions of pounds. All a bit febrile now as whilst there are relative positives still could fall apart at any time if again they can't deliver on the manufacturing |