Surface Transforms Share Price (SCE)

Read that second link... not going to lie I want a ST key chain like in the picture but I don't want to buy $6k brakes to get one lol

This for me is the key selling point to the after market...

"This is, of course, the holy grail of carbon ceramic rotors. If you overheat and wear out a set of CCB rotors, there are currently no reliable options to refurbish them and can cost well over $20,000USD to replace. Not so with the CFRC rotors. Simply send them in for renewal and 10 days later, they're ready to go for another 5,000 track miles. ... The process is approximately $600 per rotor and therefore highly affordable and repeatable two times over the life of the disc. The rotors themselves come in at about half the cost of a set of CCB rotors. ... One rotor for both track and street! No need to swap rotors "

Sure you don't get the cost of a new sale for ST but with that kind of service that will get the attention of many people who will be working out costs (plus time of changing discs out!) and decide ST brakes are a great buy and it is going to mean they're more likely to go out and race, as the poster says in his first paragraph "I have CCB's on my car and won't track it due to fear of destroying them [at a certain race track]". A big win-win for them and ST in my view.

There's a useful transcript of the interview from the other day with the Zeus Capital analyst here:

Https://www.***************************/surface-transforms-analyst-qa-embarking-on-an-exciting-phase-of-investment-and-growth-lonsce/412963862

And a very strong endorsement of SCE's brakes here:

https://www.r8talk.com/threads/the-best-brake-rotors-on-the-planet-period.172826/#post-1584800

Perhaps they could have given some of us mere mortals who didn't get any at 50p some shares!

There's a new 7 minute interview with a Zeus Capital Research analyst about SCE. He states that SCE can achieve between 25%-30% net margins, and at capacity 100,000 discs per year/£75m revenues he forecasts around £22m net profit per annum:

Https://www.***************************/surface-transforms-about-to-embark-on-an-exciting-phase-of-investment-and-growth-analyst-interview/412963297

Just to add, today's RNS shows imo the probity and trustworthiness of SCE's management. Not many - if any - RNS's go into such detail as to the thought process behind awarding share options, particularly when the options involved are really immaterial in overall terms.

;o)