Surface Transforms Share Discussion Threads

[washingmachine] 08/11/2024 07:15

It’s all about
How much of the cake they own
Listed or not
In my strong opinion it’s being taken private , all holders will own whatever their current stake is.
Now if they follow other recently de listed companies.. private investors will be able to buy / sell thru JP Jenkins.
Their are considerable benefits of this
Especially in finance raising off market.
Not saying this is gospel
But I’m pretty convinced myself
Due to the near worthless value of equity
GLA

[bagpuss67] 08/11/2024 07:14

Bones. Isn't the company party to this rns an isle of man company? Not sure what the roles are of First Equity and the Nominee company are in this. Seems a bit more complwx than a punt. But who knows. May check how his other UK invetments are held.

[bones698] 08/11/2024 07:08

Armstrong investment limited

Nature of business (SIC)
68209 - Other letting and operating of own or leased real estate

Are they after the land maybe ?

[bagpuss67] 08/11/2024 07:06

Mr Black not phased by the drop after his initial purchase and topping up. Maybe he is part of the "strategic options". I guess the sums involved are not huge though for a person of means and could be a rich person's punt.

[swiss paul] 07/11/2024 21:38

ToF.
As your most probably aware SCE in the early days were looking at Heli /fixed wing brakes (in their marketing blurb) They seemed to focus on the auto industry as I think that is where they saw the most effective route to market for them - this is as they had jibbed the flak jackets.

As you point out it is an excellent product but unfortunately they have tried to run well before the walking process was in operation. I also think the move from Wirral to Knowsley did not help as they did not have the vision and strategy in place for the long term. But in their defence they went after market share and managed to get support from Merseyside.

Its good to have someone who knows and understands the process rather than some who profess to come from an engineering background.

Thanks for your input it is very much appreciated and like you I hope the company makes it through as it would be gut wrenching to see another UK innovation make its way abroad.
regards

[bagpuss67] 07/11/2024 19:47

Thanks for that ToF. Very interesting.

[thiopia] 07/11/2024 18:39

Looks like the vultures and other 'stakeholders' are circling

"we are reviewing strategic opportunities to bring longer term financial stability to the Company"

[soixanteneufdude] 07/11/2024 18:18

McDuff, just wondered why your company haven't gone into car discs? I'm assuming that aircraft brakes are much higher unit cost so the manufacturing process has been easier make profitable perhaps?

You say it's great product, so is there anything about ST's tech and processes that make it a unique proposition, or can it be easily copied?

[radgimus] 07/11/2024 16:04

Not so. ST are far from alone in this sector of carbon ceramics

[thane of fife] 07/11/2024 15:58

Very sad .... I've known the company from when it was a handful of folk. It started expanding and I think lost it's way, over employing, throwing money away. It should have had better chairman for sure. I'm not surprised it's in this position and I only took a punt on the shares recently. I desperately hope it gets out of this situation because they have a great product and technology....

[washingmachine] 07/11/2024 15:46

My opinion is they are going to de list
Take it private
Will be easier to raise finance
Trade the Shares on JP Jenkins

[bagpuss67] 07/11/2024 15:35

Presumably then ToF the current ST situation is of great intetest to you. What are your thoughts?

[thane of fife] 07/11/2024 15:29

They are not woven and they are not carbon fiber sheets. All the processes fall under this category. I've been involved with for 40+ years...

[taperkick] 07/11/2024 14:16

These sound like they are in same class as ST's:

[thane of fife] 07/11/2024 14:06

The current patents I hold are not expired. The patents for the aircraft brakes have, but we sold them to an overseas customer many years ago. Sorry if I'm being guarded, but I've suffered from infringements in the past, and I'm held to NDA's.

[thane of fife] 07/11/2024 13:44

Thank you Bagpuss..

[supernumerary] 07/11/2024 13:33

ToF - so presumably your patents have now expired? Do you have a link?

[thane of fife] 07/11/2024 13:29

Thank you Bagpuss..

[thane of fife] 07/11/2024 13:20

I and colleagues developed the process and designed a machine to produce 3D matrix preforms in the early nineties. They are in daily use all over the world on aircraft.I have patents also on another process to produce 3D preforms.

[soixanteneufdude] 07/11/2024 13:11

Not correct, the process is patented. No one is making discs like these unless it's some unlicensed Chinese knockoff

[bagpuss67] 07/11/2024 13:06

Thanks MacDuff nice of you to enrol on the site today so as to impart that info to us.

[thane of fife] 07/11/2024 12:57

There is another manufacturer of matrix discs. They have been manufacturing them for at least 20 years.

[soixanteneufdude] 07/11/2024 12:37

From what I understand the discs could only be replaced with inferior chopped fibre discs manufactured to the same dimensions, but there aren't any other manufacturers who are able to create matrix discs. If you consider Porsche for instance, they pride themselves on having superior braking capabilities and it would be a pretty big setback if they couldn't fit ST discs. Also read the racing forums, as those guys love ST discs.

This would have gone belly up years ago if they didn't have a superior product, just a petty that they're struggling to scale manufacturing process up profitably but I still believe it will be one day hence why I still have some faith in my binary play here.