Member Info for Al180

Just noticed a post on another site saying the DSV is reported as "moving"

Maybe the threat of a severe cold spell in Europe is no longer a concern now the winter is coming to an end?

Misleading trade data due to the ask at 53p, the 450000 at 51.5p was pretty much the highest price paid all day so could not be a sell.

hTtps://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5188707

In the case of Polarean we are making the existing technology more effective.

Hi Guitarsolo, if you sign up for the research notes on the investor page they will email them to you when they come out.
hTtps://www.surfacetransforms.com/investors/analyst-research/

Just been on Sky news, the Dr said the technology is being refereed at the moment, I suppose that's her way of saying awaiting FDA approval.

nomadicinvestor, i'm a holder of Serica and i3e.
Since July Columbus and Rhum 3 wells have come online raising production to 30,000 boepd . Serica produce around 500 million therms of gas PA along with about 5000 barrels of oil and NGL. Serica sell at spot prices to the European market where the price per therm was 98.8p on the 1st of July, is about 300p today and has been as high as 450p. Alberta gas price and European price has been on a completely different path for the past 6 months.

Good to see the CFO has bought 20,000 shares at 56.7p today.

completelynew, I think some of your reasons for selling are overblown.
The shortages in the motor industry shouldn't affect the lower volume premium models as much as the higher volume models.
Setting up a new production line dose carry some risks but we have an experienced BOD, a facility that was chosen for the purpose of expansion, the knowledge gained from installing OEM cell one and the small production cell from the previous factory.
We are loss making at the moment but revenues should not be as far off as you suggest, although the OEM8 start of production has been pushed back from Q4 to Q1 2022 pre production orders are expected this year and to be profitable next year.

Your concerns about Brexit have been the subject of many questions to the BOD over the past couple of years, much of the prospective pipeline is for the American market, the European market is not expected to be a problem but they have the option of a warehouse facility at their German office to store brakes in advance of distribution if necessary.

Delays in start of production dates are normal at the best of times, these delays are nothing to do with Surface Transforms and the thought that it might give the competition a chance to win the contract back are misguided, it will of taken a huge amount of time to engineer our brakes into these future models so they won't want to change supplier once the hard work has been done.

Regarding energy costs an investor on another forum e-mailed ST and was told that gas hedges are in place for the next 18 months and that a tripling of the price would only reduce GM by 1-2%.
No doubt there will be competitors coming to the market but as Kevin Johnson said in a recent presentation there are no credible alternatives as yet, once there are it would take at least 5 years to be accepted by global OEMs. We started testing with global OEMs about 8 years ago, this after years of road miles on the race track and a few speciality sports cars.

Good luck with your investment perkylad, hopefully better timing than my first purchase which in hindsight was about 15 years to early! On the plus side this gave me the chance to get to know the company and market well enough to have the confidence to increase my holding in recent years.

With this facility you have direct market access. (DMA)
hTtps://www.investopedia.com/terms/d/directmarketaccess.asp

Securing a safety critical application after years of testing has been the catalyst to rapidly increasing acceptance and contracts in the past. I have invested in companies before with superior technology and it usually takes a lot more time than anticipated to get customers interested.

Iv'e just come back from a scan as part of a lung cancer research study i'm participating in, the people there had not heard of Polarean but were very intrigued by what I had to say and got me to write down the name of the company so they could look it up.

I agree elmore, with Iran's share now being held in escrow I can't see this being an issue. When the Ruhm was shut down (I think in 2013 ) BP were the operator, with Rhum being a relatively small part of their portfolio and their relationship with America i doubt they put up much resistance. . Following the acquisition US nationals involved in Rhum production have been relocated , I believe we also reviewed our safety and service companies to make sure we could maintain production without any US involvement if necessary.

Surface transforms have said we are now in the contacted OEM's "parts bin". I would like to think in the next 10 years we will see existing customers fitting our brakes on multiple carryover models and new OEM's signing contracts.
I don't think it will be to long before further manufacturing facilities are being talked about.

Contracted and prospective pipeline shows the factory at £75 million capacity by 2024, so it looks to me as if the OEMs have been keen to get their models contracted or into a prospective production slot, this must help with margins on contracts that have quoted annual and minimum lifetime values going forward many years into the future, hopefully we still have a premium product in a growing market for the next 10 years and keep our margins

We still have some of our biggest potential customers such as OEM 3 waiting in the wings and other potential markets to exploit. Before we became engrossed in the car market we were working with the MOD, Aerospace brake companies, Faiveley (a french train brake company) and many others. ST have said they are focused on what is in front of them for now but certainly many other future markets to look at.

I see a much bigger company in 10 years with addition production facilities in the UK , Germany or USA, There is also a good chance of a buyout of course.

A couple of weeks production would cover the cost of a 5p dividend at current prices.

trawl, at today's gas price of £1.14p per therm and 58 therms in a boe = £66.12 p or $90.58 per boe.

I have also seen delayed reported trades that match the volume of previous reported trades published in the following days after such a large transaction, I believe there is no obligation for Market Makers to publish trades on the day if they are above "normal market size" for POLX this is 15,000 shares.

Possibly it has been worked over a few trading sessions.