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Hopefully there will be a brief note issued on the morning of the AGM that is scheduled for the 28th October. Reckon we’re just drifting with a few bored sellers moving out.
There appears to be a very good ‘story’ developing at Filtronic though. Very happy to hold on tight!!
Looks a very well written confident report. Good to see that Richard Gibbs has mentioned, words to the effect, that there are no hidden skeletons! Also confidence in the forward looking statements. No fireworks but it looks like things are moving on very well indeed.
Richard Gibbs certainly seems to be moving Filtronic in the right direction. He’s opened up several new marketing channels and there has also been a brand refresh. Hopefully the £numbers over the next 12-18 months will start to bear evidence of progress. My hope is for a positive forward looking statement on Tuesday morning of next week.
Great source of info is the company website and also take a look at the last two years or so of news announcements. Bit of a trudge but you may well find a company which would appear to have been making significant changes. We are yet to see confirmed contracts or any reflection in the share price! Good luck
https://filtronic.com/
The results should be released at midday
Filtronic Reaches 50k Milestone With E-band Transceivers for 5G Backhaul
23/07/2020 1:05pm
Business Wire
Filtronic (LSE:FTC)
Intraday Stock Chart
Thursday 23 July 2020
Click Here for more Filtronic Charts.
Filtronic plc (AIM: FTC), the designer and manufacturer of RF, microwave, and mmWave products for the wireless telecoms, mission-critical communications and defence applications markets, today announced that it has now shipped a total of 50,000 high-performance E-band transceiver modules targeted at the growing 5G backhaul market.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200723005449/en/
Filtronic Reaches 50k Milestone With E-band Transceivers for 5G Backhaul (Photo: Business Wire)
Filtronic Reaches 50k Milestone With E-band Transceivers for 5G Backhaul (Photo: Business Wire)
E-band spectrum (in the mmWave frequency ranges 71 – 76GHz and 81 – 86GHz) offers OEMs wide bandwidth, enabling them to provide 5G mobile network operators with high-capacity and high data rate backhaul, midhaul and front-haul (collectively known as XHaul). E-band has been identified as one of the critical wireless technologies required to address the demanding XHaul capacity requirements of 5G networks, and is now experiencing significant growth. Systems containing Filtronic’s core E-band technology have been successfully demonstrated at data rates up to 40Gbps.
“There has been a record demand this year for our flagship E-band transceiver module, Orpheus, which has been delivered in volume to a number of customers for integration into high-capacity mobile backhaul radio solutions,” said Reg Gott, Executive Chairman of Filtronic. “Earlier this year we added the new-generation Morpheus II to our product range, and demand for this module is beginning to take off as well, in particular for the high power option that is desirable for implementing carrier aggregation.”
Both Morpheus II and Orpheus have a highly-integrated architecture with an embedded diplexer and are 100% tested prior to despatch. They contain all the necessary RF transmit and receive functions for an E-band radio link, enabling the module to simply drop in between the antenna and baseband modem, and include a control board that calibrates the whole RF system. Morpheus II also incorporates a new generation of highly linear, high-power amplifier MMICs that have been developed in house by Filtronic. Both products have been qualified for deployment in the latest radio platforms specifically developed for 5G XHaul applications, and Filtronic transceiver modules have been widely deployed and field-proven in wide-bandwidth, high-capacity applications up to 10Gbps per channel.
Filtronic’s leading-edge E-band solutions feature a readily-configurable architecture, and provide an ideal platform to develop systems for other applications globally. These include long-range defence, enterprise, and both high-throughput Low Eart
Thanks Bermudashorts
If my understanding is correct then an eps of 1.2p would indicate a per of 10 at the current sp. That is perhaps far too low given the potential growth and the very positive comments in the reports that we have seen of late. Perhaps when the institutional selling stops we will see a good rise in the sp! Who knows!!
I have no expertise whatsoever but I believe there is one institutional investor off loading shares whilst a good number of private investors are buying. That may explain why there have been a few days of good buying volume but no corresponding sp increase. I'm a 'simple' PI and a pretty hopeless investor so please understand that this is little more than guesswork!!