Surface Transforms Takeover Rumours (SCE)

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.

Looking more and more like a potential low ball takeover target - Vulture cap or Bembo or possibly companies such as Melrose.

Hoping for a bid is not a way to invest takeovers rarely happen and the number of times I've seen desperate pis start talking of a takeover is ridiculous . It won't happen here not until they can prove the business model afterall nobody wants a failure on their CV . Looks like another long wait here I'm afraid and they need to get sales sorted asap

Just needs to merge with a company like SDI who should have the cash flow to support SCE with the working capital needs. Would be a win-win all round. As an SDI long- term shareholder I'd be happy to combine my holdings. Not sure how damaging another cash raise would be. Holders here could just be left vulnerable to one of several undesirable scenarios set at a ridiculous price. But something certainly needs to be done soon to stop this drip drip of share price destruction.

The AIM market is a disaster. Sopheon gives an indication of how cheap it is. A couple of days ago they announced a takeover at double the current share price. Many companies in the same situation in my opinion, such as SCE, BGO, SEE for example