Surface Transforms Takeover Rumours (SCE)

A takeover would be good.

Cavendish note pre placing is it not. More likely to be sub 3p if they revise it. Praying for a takeover is desperation and what usually gets mentioned when times are desperate. Death spiral financing coming. Simply too many shares now issued at 1p for it to recover imo. Management failure and the fcay the raised so much tells me the issues aren't resolved at all. If they were they could have raised less at a better price Be careful who you listen to on these boards no matter how clued up they try to appear

Swimming with insiders here obviously. Mkt cap is peanuts now. Going down the pan. Takeover teams with spare wonga will be rubbing their hands with glee. Dire, dire management. Just a money maker foro the founders. They can retire nicely now, job done. Even better if a T/O and a new handsomely paid board job. Have a missed anything? Raise inbound ...convi death spiral guaranteed now ...once the good for nothing bod admit things are worse than they re letting on. WCS idea- dumb as. We know it s worse. The Aim circus goes on ...ye haa!!

No not buying this super. Until. Some of the above issues are taken care of and I can see a reasom to invest which atm I don't and may never now. Have watched this over 15 years ups and downs but the last 12 months have been a total disaster and shows the issues when you don't have professional management in place. This happens far to often on aim. Where the investor thinks he can run the business and doesn't want to let go and let someone better at running a company takeover Bag puss whatever it was its in the price now. Would expect another dip tomorrow 3 day rule and like today some bottom. Feeders bargain hunting but until. Finances are sorted better to stay out of this imo

Can you imagine the discussions in the customers/potential customer boardrooms? Common sense says that they will have more than one choice of supplier - and the absolute shambles they have seen here will surely drive them into the alternate suppliers hands (ahead of the rush as well, no doubt) Personally, I fear there's a lot of bad news in the pipeline which in my eyes could only be really settled by a takeover bid - and given the price/opportunity is why I'm still holding I can't really see any other exit out of this mess

Or alternatively a takeover approach Imo that would be a welcome result - replace the deadwood management at the top with a capable team - the contracts are there - it simply needs operational expertise now

The takeover question was asked in the Q&A part of the recent presentation, DB said he had talked to the major shareholders who had supported the the company previously at a much higher share price and they were in this for the long term. The size of the order book and the years of work to get into the global OEMs supply chain are not properly reflected in the current valuation.

amt, I think they will get there too but I think short to medium term that makes a takeover less likely as the management are unlikely to recommend to shareholders for at least as long as they themselves are under water re the share price. I don’t see them signing away more than 20 years of blood, sweat and tears until there is a very serious offer on the table and that’s unlikely to happen for a number of years.