Member Info for shuttts

Accelerated - if only I could spell when excited.

Next order from SpaceX will send this bananas.

...accelareated IPO timeline, aiming for June 11th pricing on NASDAQ.

The first touch paper has just been lit, watch this baby rocket upwards.

With regards to what I expect to happen re shapre price over time - I expect it's going to ramp up to insane levels based on people's expectations of it "going to the moon" - just look at how gamestop, or cryptos, or NFT's were hugely over-priced.

The difference here IMHO is that there's a real business behind it all, making a product no-one else can, but it's going to get swept up in a tsunami of speculation and reach levels that make no sense at all, like £10, £20 per share kind of crazy.

You just need to not get sucked into it.

I know that these kinds of numbers sound insane, but go and look back at how toys.com were valued at more than toysrus, just because they had the domain name, when nothing mattered but the eyeballs.

In the end toysrus bought toys.com for nothing and if you type toys.com into a browser, you end up at toysrus.

The enthusiasm and delerium will shape the price, not the financials. IMHO.

Just because you're a director doesn't mean you're flush with cash. They may have taxes to pay based on gains and need to sell shares to cover them.

The last order from SpaceX (which was a record order value) was in August 2025.

With SpaceX seeming to be ramping up activity, it surely can't be long before they place another order, they need, if anything to:

1) Secure the current production capacity is theirs and theirs alone; and;

2) Provide Filtronic with enough time and capital to further expand the manufacturing capacity if the AI in space route has any legs.

I can't imagine orders being less than at least 1 order per year, and really in a rapidly changing landscape you'd imagine they'll get more and more frequent, so you'd imagine there'll be a new one within the next 3 months, and it'll be a significantly higher value than the last one.

I was going to look through the other listed companies on foreign stock exchanges in that research paper that was kicking around, the one that had maybe 5 key suppliers, to see if any of those had announced new orders, it might give an indication of roughly when new orders for FTC might appear, if there's a sequential order process.

You should read "Extraordinary Popular Delusions and the Madness of Crowds" by Charles Mackay - written in the 19th Century it shows various other bubbles like the Mississippi scheme, tulipomania, etc and reveals that while markets and technology may change, human psychology is a never changing constant.

I predict the end of week flurry will see it close above £4, probably £4.20-£4.40.

Post your predictions too! :D

...what impact will that have on the stock price today I wonder???

Ah yes, but there's nothing wrong with a great big bubble if you yourself know it's a great big bubble at the outset, and buy and sell accordingly with the intention of leaving the party in good time and in an orderly fashion.

It's the people who don't realise, believe it's going to exponentially increase to infinity, and then want to "diamond hands" it until it drops back to much lower levels, who have the problem.

Sir Isaac Newton made a LOT of money on the way up, he sold and crystallised a profit. Then when it kept going up he decided he could make more (greed) and went all in at, unfortunately for him, the top.

Then it came crashing down and by the time he'd sold (fear), he was in todays money about £20million down.

I understand exactly what's at play here, I'm not dreaming of "going to the mooooon!" and all that BS, I am keeping a rational, level head, and I know that when I sell it'll probably still keep going up for quite a bit.

The trick is to not get enticed back in again because you've "left money on the table", because if you do, you'll end up leaving ALL of your money on the table.

Basically this is a once in a generation "game changer industry" (for that is how they are always presented), where psychology rules the price, not profits or numbers or logic.

E.g. "I can calculate the motions of heavenly bodies, but I cannot account for the madness of crowds" - Isaac Newton after he made a load of money, then lost it all in The South Sea bubble.

The way I'm looking at it is this:

Fundamentals and number crunching is useless, it's all about FOMO and the rampant excitement over a new industry expanding rapidly with Musks name attached to it (look what Tesla did when EVs were going to rule the world - SP mental, PE insane, etc).

It's the same thing, but...

...we haven't even got confirmation of a spaceX IPo yet - that will be a massive boost no.1

Any further order from spaceX (which will come) will be massive boost no.2

The general madness and desire to get into the next big thing as the IPO goes live, and shortly thereafter will be massive boost no.3

So for me, I'm holding for quite while yet, but you have to make your own decisions based on your own needs and risk profile/appetite.

When I said about 2 or 3 weeks ago it'll be £8 by the end of the year, it wasn't wild speculation, it's history repeating - this is going to go to utterly mental numbers.

I wonder what might happen when the US market opens in half an hour??

I've been sat on the sidelines for 3 or 4 months trying to figure out the right price to buy in at, and since retail is having a tough time and results were due out today I decided to hang fire and see what's what.

I have to say, the results don't look very good to me and they won't even reflect cost pressures and other problems caused by the Iran shenanigans yet.

I think I'll wait a bit longer, I think it's going to drop 10%-20% today.

Plus look at US valuations of companies in "normal" industries - they're nuts.

This is going to go super nuts.

At some point there will inevitably be a new spacex order, and it'll almost certainly be bigger than the last one.

You can imagine what will happen to the share price then.

It's certain to happen, and with the spacex IPO coming up, Musk, etc, the share price is only going in one direction IMHO.

Well the yanky doodle market opens in 5 minutes so it might go well past 380.

I wonder if the Dixons are taking the opportunity to trim a few million more shares into the strength we're currently seeing?

I have a sneaky feeling that's why the price has dropped back, but I'm sure it'll shoot back up from 2-30 onwards when the yanks pile in.

Just a reminder (in anticipation of an amazing day tomorrow) of a snippet from my post from 22/04:

"I personally am confident we'll see £8 by then end of this year........"

:D

(Roughly:)

M/Cap is £138.75mil

Pre tax profit is £18.1mil

Cash + cash eqivalents is £16mil

NAV is £80.353mil

M/cap / PTP = 138.75/18.1 = 7.67

strip out the cash and

M/cap / PTP = (138.75-16)/18.1 = 6.78

That's cheap.

M/cap/NA's = 138.75/80.353 = 1.73

So you're paying less than twice the net assets to own it - compare that to other companies in the same sector.

Dividend is 13p. Based on a share price of 172, that's 7.56%

And there's no reason that dividend should drop, expecially when all the chaos settles down.

So if you look at a term farther away than the end of your nose, it's dirt cheap and an absolutely insane bargain at this price IMHO.

And would still be fair value with a share price of a minimum of 50% higher. Again IMHO.