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Slightly kicking myself now I had my eye on this for sometime even posted a couple of interesting articles relating to this company. was waiting for a sub 6p to start buying. Came very close in my calculations.
I won't buy now as a general rule I never buy on sudden market sentiment driven share prices as from experience they can drop down in a heart beat. 5-6p is a comfortable purchase price for this company with ,more odds of it increasing above that then further dropping.
It's all about reducing the risk of financial loss.
There are always few "savvy" investors with some knowledge ahead of the market.....
Yes looks like there may be something behind this move up.
Keep on going....after long quite spell something is happening....about time.
There does appear to be a good feeling for something positive coming through here at FTC.
Let's hope for some good news
the question is "do FTC do a 320W mMIMO antenna"?. The problem last year was that the antenna waveband that the US telecoms wanted was not the range that FTC produced-hence the big drop in SP
Wednesday 26 June, 2019
Nokia Corporation
China Mobile first to deploy Nokia's new Massive MIMO solution, accelerating the transition to 5G services
Press Release
China Mobile instrumental in development with Nokia of world-first 320W mMIMO Adaptive Antenna (MAA)
Nokia AirScale MAA solution helps solve the operator's challenges as it concurrently delivers 4G and 5G services, and control its costs as it evolves to 5G
26 June 2019
Mobile World Congress, Shanghai, China - Nokia has announced that China Mobile (CMCC) will adopt its new AirScale mMIMO Adaptive Antenna (MAA), created specifically for the massive bandwidth and coverage requirements of the Chinese market as it transitions to 5G. Building on CMCC's leadership in the 2.6 GHz 5G ecosystem, the Nokia MAA ensures that, as one of the world's biggest operators, CMCC can more efficiently allocate network resources between 4G and 5G users and address the demand for high-bandwidth 5G use cases.
https://5g.co.uk/news/dual-band-microwave-antenna-5g-backhaul/4866/
I take this Article as both good and bad.
Good being the practical use of Microwave wireless 5g and in particular the need for E bands but bad as I see competition for Anthenas to facilitate the backhaul for 5g
Additional thoughts welcome
Here is why:
https://www.proactiveinvestors.co.uk/companies/news/211053/filtronic-shares-halve-as-it-suffers-antennas-contract-blow-211053.html
Company is in net profit each year showing a healthy balance sheet on profit and losses and has had significant buys from the CEO 750k shares in total.
Any deal will send the shares up x3 or it's current price.
Downside is there is still alot of speculation for the route forward for 5g and other companies in the running.
I'm currently monitoring. Any drop below 6 and I'll be buying.
No news. Was double recently and seems to have just drifted
Not a single RNS since Feb ? No wonder we are going sideways !
So many sells today and yesterday but price haven't shifted. Is some news expected?
20k trades. Bed and Breakfast ISAs?
Just have to be patient or add on drops.
news must due
Spoke too soon so it seems.....YET, I stil think it's a case of a backwards step which will follow by 2 forwards ones....
The fact is we moved back to double figger SP,and the price is not only holding,but rising.....I will say it again,.nice and easy does it.
Nice it’s 150 thousand buy
Nice!
Filtronic have failed to deliver what it promised. As such, the price have dropped and rightly so. This is one of the chances for Filtronic to prove themselves.