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[thiopia] 14/11/2024 22:15

Selling a stake to an established Tier 1 supplier to OEMs would be one option or directly to the OEMs.

Plenty of options. Not beyond the wit of man.

[bagpuss67] 14/11/2024 19:38

They did say clearly they are looking at strategic optionS to ensure the long term financial stability of the Company . There has to be a chance that means that they could secure some funding. I'm not aware that they are in the market for an equity raise at the moment so that implies the options potentially relate to a strategic equity investor or still maybe a convertible loan (I keep an eye on companies house for new security being registered)...

[bones698] 12/11/2024 23:54

I suspect the land may hold some value but do Liverpool get everything including the land in the event of admin ? That could be redeveloped . First and most importantly they need cash before end of year imo and the chairman running off was not a good sign of what's going on internally .

Sp is not exactly inspiring confidence too . I suspect my initial comments on the situation will come true here

[bagpuss67] 12/11/2024 20:26

Company should have been notified who the purchaser of the 70m was today and market tomorrow.

[swiss paul] 12/11/2024 16:58

69 ooooh you wanna watch what you say - much like I said a week ago!

someone will give you a red tick lol

[amanitaangelicus] 12/11/2024 14:35

This is like having a festering boil on ya old man but without having any antibiotics. The cheap buyout will happen soon, the value here is outstanding, you.d think. No news on cancelled contracts unless I.ve missed it.

[amt] 12/11/2024 11:09

It's important to be factual and you can speculate but please don't write stuff as if is definitive when it's guesswork without any evidence

[amt] 12/11/2024 08:00

Tom you banged on for a long time about the Liverpool loan not being utilised or even was available. You were wrong.
Frankly I don't trust what you write even though the outcome maybe what you hoped for after wisely selling out.

[tomtrudgian] 11/11/2024 15:21

amt. There are currently three separate registered charges at companies house against SCE. I assume you are referring to the Liverpool loan one, but you do not say. I never suggested that any of these charges did or do not exist. They all do until satisfied.

For those bored, scroll down to my more detailed post of 31 August 24.

[bagpuss67] 11/11/2024 14:32

Current turnover run rate c£14m pa plus engineering revenues of c£1.7m pa... so total revenue run rate c£16m pa and rising

[amanitaangelicus] 11/11/2024 14:20

£2m mkt cap? Wtf! My local DIY shop has a bigger turnover.I tried to warn people but twas guffawed off. Dark, dark days. Not on the Trump becoming Potus league but no the less, pretty darn poopy.

[amt] 11/11/2024 10:00

Tom makes stuff up. He told us for ages that the loan didn't exist.
Why he does this I don't know.
What is factual
The loan does exist, the orders do exist, production issues are a massive problem.

[bagpuss67] 11/11/2024 09:17

Needs to be an RNS re that 70m trade

[major courtenay] 10/11/2024 12:55

Tom, I was somewhat surprised by your final comment about SCE concluding that the order book was a mirage. That prompted my “don’t slaughter” comment which was a reference to not writing the technology off so readily. There are very longstanding relationships underpinning the business and I am 99% certain that the tech will have clients and a life after this listing.

[washingmachine] 08/11/2024 17:05

Being listed is not everything
far from it

[washingmachine] 08/11/2024 17:04

Amta Sodium cell battery maker
Up in Scotland
Similar situation earlier this year
Still going by my previous post on here on outcome of SCE
If it avoids administration.. it’s a good result for LTS

[swiss paul] 08/11/2024 16:49

SED was a different beast - any news on Tony? lol