Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
I think there is a table at the end of this presentation
https://journey.ct.events/view/8c0a80db-567a-4e21-a6f0-651189f1b4fc
From reading the report, I sense it will not be too long before we hear of more orders.
"The Company now expects to enter a period of high growth, partially, but not solely based on a lifetime value OEM order book of circa GBP70m.
"Indeed, we repeat the statement made by the Chief Executive in the manufacturing strategy announcement of 1 September "at the time of the fundraising we said that we thought there could be sufficient demand to fill the Knowsley factory by 2025 (GBP75m sales), albeit these projections are still uncontracted...we have now concluded that we may want this capacity by 2024."
(Thanks to a couple of posters on another site)
Post on Instagram announcing AT-RS as Surface Transforms new German partner
LINKS:
https://www.at-rs.de/surface-transforms.html
https://www.at-rs.de/beitrag/items/surface-transforms-karbon-keramik-kompetenz-aus-uk.html
Interesting comments from them in comparing ST to Brembo:
“When it comes to carbon-ceramic brakes for high-performance motorsport vehicles or supercars for road traffic, two names cannot be avoided - Brembo and Surface Transforms. While the former is known to almost everyone through his intensive PR work, e.g. in Formula 1 motorsport, the latter is usually only known to real connoisseurs of the matter.
But the products of Surface Transforms do not have to hide behind those of the Italian "global player", because they can not only keep up in terms of performance, but also outperform the products of the competition in many respects. Especially in terms of temperature management, durability and pedal feel, carbon-ceramic brake discs from Surface Transforms are the first choice! “
"Surface Transforms contracts are flowing with high profile manufacturers"
Analyst interview September 07, 2021
Https://surfacetransforms.com/news-blog/2021/9/7/surface-transforms-contracts-are-flowing-with-high-profile-manufacturers-analyst-interview
https://www.fool.co.uk/investing/2021/09/02/heres-why-id-buy-this-soaring-penny-stock-right-now/
Many UK share investors are splashing the cash on companies that are involved in the manufacturing or running of hybrid and electric vehicles (EVs). I myself have bought fluid systems maker TI Fluid Systems to hopefully make money from the likely surge in EV sales over the next decade.
The low-carbon class isn’t the only car segment tipped for explosive growth in the coming years, however. As the number of high-net-worth individuals across the world booms, so does demand for sports cars. Analysts at Statista reckon 858,100 high-performance vehicles will roll off production line in 2025. That’s up from an anticipated 655,400 this year.
This is why I think Surface Transforms (LSE: SCE) is one of the best automotive-focused UK stocks to buy right now. It’s a penny stock that manufactures cutting-edge carbon ceramic disc brakes for cars (and to a lesser extent for planes).
Contracts are stacking up!
Sales are rocketing at the business right now as the auto industry recovers from the troubles of pandemic-hit 2020. Revenues soared 34% year-on-year in the first half of this year, above Surface Transforms’ prior expectations. And the AIM company continues to rack up contracts with major original equipment manufacturers (OEMs) to keep the top line soaring.
Just today Surface Transforms announced that it’s been selected as a tier one supplier of carbon ceramic brake discs to an existing major customer. The contract is worth €5m over a four-year period beginning in 2024. And the penny stock has described the award as significant: it’s the first time the multi-year ‘carry over’ agreement has been implemented with said customer since the initial contract was inked in 2019.
Thursday’s news follows hot on the heels of a major contract signed with a new OEM just a fortnight ago too. That £20m, tier one contract is also due to commence in 2024.
Why Id buy this penny stock right now
Today’s fresh contract news isn’t the only thing to a light a fire under Surface Transforms’ share price today. The stock was last trading 7% higher on Thursday at 70p per share.
The stock has also jumped after the firm announcing major changes to its manufacturing strategy. This includes accelerating the fit-out of its Knowsley factory by a full 18 months. The aim is to achieve sales capacity of £50m by 2023. This compares with £35m at present. It will also cut costs associated with the fit-out by around £10m and repurpose the facility as a single production line project rather than one made of independent manufacturing cells.
Now, its operations are highly cyclical and any economic downturns could significantly hit demand for its product. Its markets are also very competitive and that poses an extra danger to the top line. Still, at the moment I think there’s a lot to like about this stock. It’s why I’m thinking of adding it to my Stocks and Shares ISA