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Shuttts,

What's the prognosis now after a tanking rather than a small fall?

Not really a fan of charting but still open-minded enough to be interested hearing what the Livermore chart has to say...

Interesting and positive comments from Richard Staveley on Vox Markets...

https://youtu.be/93fPj4pN-Y4?is=QN4hbaLpoBuzvYEl

From 54:30 minutes in.

I have been top-slicing all the way up although I'd be a lot richer if I had just left my original holding alone! But at my age I have to reduce the risk factor, although I have been ploughing profits into cml micro which supplies a lot of nuts and bolts to satellite comms. Whilst filtronic looks to be on the way up to the heavens and then subsequently down to earth , cml is more or less at the beginning of a more gentle trajectory up.

There is also a history of collaboration between cml owned consultancy, Plextek PRFI, and filtronic, so well worth checking out. I've made a few comments on the cml chat which I hope fellow investors may find interesting.

Looking into the takeover of Microwave Technology, Inc. by CML.

Previous chairman and legend, Nathan Zoomer, accepted CML 2m shares around 260p and the takeover deal in 2023 involved a share-deal at 440p, which is well below the current price. Seeing that this division has contributed roughly 15% so far; further, CML's managing director noted that bringing MwT into the fold would have a "profound impact" on key focus markets like 5G infrastructure, satellite communications, and aerospace/defence. So buying now may seem to be getting in at a reasonable discount.

To mikodx...

It's when the presenter said, "it's your chance to turn 500 bucks into half a million dollars", that I switched it off and muttered, "snake oil salesman".

If this is how the Spacex ipo is being advertised then keep your finger on the sell button and watch it fall to earth!

Been in with filtronic since 8p and have my seen my holding rise 5000%. Duly noted tho that directors have recently sold in large numbers.

I'll be happy to sell out at £8 but I doubt if the sp will be that on 31st December.

A recent video had their chief of R&D explaining how they are experimenting with different materials in order to increase chip speeds and there will be high levels of failure. If they are blowing in the wind on research then competitors may fill the gap. Remember the adage: the cure for high prices is high prices!

Since covid the sp has pretty much always risen up to results, only to drop back in disappointment at not too bad figures! Coming up to June it appears the reverse is happening - despite no negative news coming out (actually the CEO was decidedly upbeat).

Perhaps we are at the stage when a reversal in fortunes is on the cards. I have previously mentioned the new AI link for digital healthware and the new Precision2030 strategy to be announced in June but there is also the fact the directors bought in at almost double the current sp price.

It's a good company dealing in expanding sectors and also in the turnaround phase of its development, so I wouldn't be surprised to see the sp jump after the results and then double to where it was last year.

As a rule I only invest in 4 stocks at a time (mostly small turnaround stocks): they are car, ftc, cml and fsj.

I was re-watching Vox Markets over the market and was amused when regular guest, Paul Scot, said he had reviewed Filtronic 12 times over the past 2 years, given them a great review on each occasion, but had never actually bought any shares!

This is despite them rising from £1 to £4 over the period. One difficulty with Filtronic is that they are specialists with their technology not being so easy to understand. The same applying to CML although to not such a degree. Nevertheless, sophistication with the business I am sure contributes to investor hesitancy.

Obviously, I am hoping the sp rises, but it does seem to be at the early stage - witness the price entry for Nathan Zoomer of £2m at 2.60 per share (currently only 2.80). Still cheap!

Good in-depth article.

It paused me to reflect over the weekend...the sp is nowhere near a high, the market is due a fall...but the Space ipo next month is going to cause such excitement that CML is bound to benefit...so I bought another £10k today

My only concern is what price to sell!

Because the company doesn't release much in the way of news the sp moves sporadically. Prelims are on 17-June although I would suspect it to rise before then, particularly around the beginning of June when the Spacex bandwagon gets rolling. Any sniff on the 17th of news about leo satellite chip orders and the sp should take off. Can't see any point selling up until the end of June at the earliest so what's the rush!

Hope so, although only 18% of turnover comes from Bruntons and Jacottet. It would also be good for them to expand non-USA sales (at 45%) to non-USD. It is only when you look at the background engineering needs to produce technical plastics that you realise the vast range of skills needed to be in this business. Carclo may have large pension obligations but this should be set against the international reach of the company across US, India, China and Europe/UK. As long as it has large long-term contracts, which it has, then it is a viable business. Still greatly undervalued.

The company has all the ingredients to double the sp to what it was in march 23 - a big cash pile, div over 4%, new plant in US, a new active investor, rundown of old stock, a big recent contract win and new big potential orders in radio, comms and satellites. Let's hope Richard Crow comes on-board by june and all of his disciples to pump up the price!

Some extra details on the carclo website about syncura, the ai digital health concept. If they can get into making health sensors and jump on the ai bandwagon then it won't do the sp any harm at all. Hopefully more details will be released next month at the precision-2030 growth strategy. I really like the guy in charge, Frank D., as he does appear to have a very clear vision of where and how he wants the company to go.

they were an early ****ney rebel tip which he didn't invest in - and the more i researched the more it was obvious they were severely undervalued. profits should recover this year (altho a lack of helium via iran to asia may be a hiccup). directors have bought-in including the legendary nathan zoomer at £1m+ last year. new facility in the us also coming on-stream now.

they also produce gaas/gan and gall/arsenide chips for comms and satellites (not in the league of filtronic) but still necessary nuts and bolts, which might attract interest and excitement leading up to spacex ipo in june!

maybe they give another special div with their £11m cash pile.

Bought into here with some of my casino money...I'll let the wheel spin for a year or so

Musk in the news about building a massive chip factory in texas yesterday. Why manufacture in uk when energy prices are so high? Pause for thought?

Looks like 35p was the bottom! Entirely predictable just like the previous two high-low encounters (jul21-apr24 69-8p & sep24-apr25 40-22p) all based on 'investor wobbles' when the underlying business had not changed.

This is a good way to make money if you can keep your head and double down on the lows with this recovery play.

Director dealings are not a very good indicator here (as they rarely buy at the lows) but, hey, let's hope it is onward and upwards to Precision-2030! And with a new broker and institutional investors on board the margin of safety looks more secure now than-it has done since covid.

The margin of safety for this stock is ridiculously high (given cash pile) and with 4.5% div is the same as sticking your money in the bank. Not known for releasing news and several directors bought recently. Pretty much a one-way bet to be honest

It's been like this running up to every tu & results since covid...just take it as an opportunity to double your money

Uncrossed trade but the volume is indicative of interest in ftc especially as the Spacex ipo approaches. Happy to see it taken over at £3+