Register
Login:
Share:
Email Facebook Twitter


UPDATE: #COPL set timeline for Q2/Q3 Nigeria drilling programme
RESULTS: IFA led wealth managers AFH Financial results show strong growth




Share Price Information for Surface Trans (SCE)


Share Price: 16.75Bid: 16.00Ask: 17.50Change: 0.00 (0.00%)No Movement on Surface Trans
Spread: 1.50Spread as %: 9.38%Open: 16.75High: 16.75Low: 16.00Yesterday’s Close: 16.75

Surface Transforms Plc Ord 1P

Surface Trans is listed in the FTSE AIM All-Share
Surface Trans is part of the Engineering Products sector






Share Price SpacerPrice
16.75
Share Price SpacerBid
16.00
Share Price SpacerAsk
17.50
Share Price SpacerChange
0%0.00
Share Price SpacerVolume
0
Share Price SpacerOpen
16.75
Share Price SpacerHigh
16.75
Share Price SpacerLow
16.00
Share Price SpacerClose
16.75
Share Price SpacerCurrency
GBX


Currency Issue Country Shares in Issue Market Capitalisation Market Size
GBX GB 123.71m £20.72m 3,000

52 Week High 21.00 52 Week High Date 13-JUL-2018
52 Week Low 11.00 52 Week Low Date 4-DEC-2018

# Trades Vol. Sold Vol. Bought PE Ratio Earnings Dividend Yield
0 0 0 -10.090 -1.66 0.00 0.00


London South East Users info for Surface Trans




Date
Time
Trade Prc
Volume
Buy/Sell
Bid
Ask
Value
 

14-Feb-19
14:26:19
16.70
107,312
Sell* 
16.00
17.50
17.92k
Trade Type:
Ordinary
Delayed publication

14-Feb-19
12:46:57
16.70
10,000
Sell* 
16.00
17.50
1,670
Trade Type:
Ordinary

14-Feb-19
10:00:50
17.99
100,000
Buy* 
16.00
17.50
17.99k
Trade Type:
Ordinary
Delayed publication




View more Surface Trans trades >>

Directors Deals for Surface Trans (SCE)
Trade DateActionNotifierPriceCurrencyAmountHolding
06-Jul-17Buy
Trade Notifier Information for Surface Transforms
David Bundred held the position of Non-Executive Chairman at Surface Transforms at the time of this trade.
 David Bundred
16.02GBX124,688733341
06-Jul-17Buy
Trade Notifier Information for Surface Transforms
David Bundred held the position of Non-Executive Chairman at Surface Transforms at the time of this trade.
 David Bundred
16.02GBX124,688733341
06-Jul-17Sell
Trade Notifier Information for Surface Transforms
David Bundred held the position of Non-Executive Chairman at Surface Transforms at the time of this trade.
 David Bundred
16GBX249,376733341
View more Surface Trans directors dealings >>


rivaldo
Posts: 6,117
Opinion:Strong Buy
Price:17.25
RE: Consistent moves up every day
1 Feb '19
Two more small buys...and two more ticks up. If nothing else, this is showing there's not much stock around.
rivaldo
Posts: 6,117
Opinion:Strong Buy
Price:16.75
Consistent moves up every day
30 Jan '19
An intriguing series of small buys have repeatedly pushed the price up. News soon?

As posted elsewhere, "it was late January when AML announced the Valkyrie so we could be due some info on the RB003 release. We could also hear on OEM3 or OEM5 at any time too."
ShareSocUK
Posts: 186
Opinion:No Opinion
Price:15.00
AGM Report
2 Jan '19
There is a detailed report on Surface Transforms' recent AGM which can be found in our members area here: hTTps://www.sharesoc.org/members-area/

To access the report, you'll need to be a full member of ShareSoc, which is a not-for-profit organisation that supports individual shareholders and campaigns for shareholder rights. If you're not already a member you can join here: hTTps://www.sharesoc.org/membership/

Once you've joined, you'll receive an invitation to register for our "members network" private social network, from where you'll be able to access the report (and reports on 100s of other meetings). If you're already a member and have any difficulty accessing the report, please do not hesitate to contact us here: hTTps://www.sharesoc.org/contact-us/
rivaldo
Posts: 6,117
Opinion:Strong Buy
Price:15.00
RE: Encouraging AGM report pt.1
13 Dec '18
And pt.2:

"Working Capital:

Cash position looks ok, £3.3m at end of November, £0.5m R&D credit to come, £200K surplus inventory. No need for more cash assuming OEM6 comes on line later next year.

Possible milestones for next year:

• OEM3: pass salt test to meet 2019 nomination window
• OEM6: announcement that SCE discs will be on next model
• OEM5: announcement that SCE officially selected
• Possible left field: USA automotive and/or USA aerospace

Electric Vehicles:

OEM3 presented to SCE on this subject recently. Around half of braking on EVs is through traditional friction brakes. Proportion of braking through friction vs regenerative braking is determined by complicated algorithm which will depend on many factors, including speed and level of charge of EV batteries. With this and the benefits on weight saving vs traditional metal discs, SCE regard EVs more as an opportunity, rather than a problem.

Brexit:

SCE are quite relaxed, the majority of current production (retrofit) goes to the USA, so this will be unaffected. It will probably be more of a problem getting raw materials in from the EU, rather than getting finished product out to the EU. OEM5 and OEM3 seemed unphased. If absolutely necessary SCE could arrange for the final assembly of the discs to be conducted in Europe."
rivaldo
Posts: 6,117
Opinion:Strong Buy
Price:15.00
Encouraging AGM report pt.1
13 Dec '18
Great report from timbo elsewhere, for which many thanks:

"OEM6:

150 new "V" cars are due to be built (worth £2m to SCE) in a 18 month window, all 150 cars have been sold (deposits paid). There will be another £0.5m revenue from selling “track pack”.

A track pack customer ends up with two sets of SCE discs, they would typically just use the track pack discs on the track and then change back to standard SCE discs for regular use and have the track pack discs put into storage. The two types of discs differ in their cooling pattern.

The gossip regarding a possible delay in launching the new model is due to a part that does not fit properly, it has nothing to do with SCE.

There is a future model (different series) which is intended to have SCE discs, this will be a higher volume and is likely to have a production life of 3 – 5 years.

OEM5:

Scheduled for introduction in single model road car in 2021, 6 year production run anticipated, they are currently testing in the next model up (analogous to introducing into BMW 3 series and testing BMW 5 series).

Everything approved for supply except engineering sign off which involves testing with new copper free brake pads supplied by TMD (copper free will be a mandatory requirement from 2025). The test involves a track test whereby drivers rate performance and comfort on a 1 – 10 analogue scale (pass mark 7.5).

SCE see this as a sign of positive commitment from the OEM and are confident that the disc and pad are compatible and will meet the required standard.

OEM3:

Nomination window for our target model is open until summer/autumn 2019. Still need to pass the salt spray test, the only reason why this is required is that in a few markets they use a particular kind of road salt which has caused problems in the past with carbon ceramic brakes (Brembo do not include this test for their discs). It is a destructive test, the test disc has to survive at least n cycles and five test discs have to survive at least n cycles in succession for a pass. The SCE discs survive the test, but the scatter is too wide (I’m unclear as to whether that means n is too variable). SCE are confident they know how to pass the test and will meet the timings for the current nomination window. There is a test rig in the UK, but test takes 2 weeks to complete. The test results go to the OEM before they come to us which is definitely not ideal

Aerospace OEM:

SCE partnership is with a Fortune 500 aerobrake supplier (not Airframe manufacturer), they are currently waiting for Airframe manufacturer approval. The intention is to provide retrofit on existing fleet, as well as new aircraft. Aircraft carrier helicopters might also benefit from SCE brakes, one trial ongoing, but not at an advanced stage.

Retrofit for McLaren:

There is a big pent up demand for McLaren kits, so the plan is to launch in 2019. Kits will be suitable for all models (except 720S and 600LT)"
View more share chat for Surface Trans (SCE) >>




Surface Transforms Plc Ord 1P home pageWebsite: Surface Transforms Plc Ord 1P
Website Description: carbon fibre, preforms, brake discs, friction materials, formula 1, aircraft, light rail, performance brakes, clutch plates, Cheshire Innovation Park : : Surface Transforms



Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk











Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.