Looking strong, and news The buying continues in this normally quiet stock - 40,037 shares bought at 18.99p yesterday and 25k today at 19.25p, with 70k of sales mopped up without a problem.A couple of news items on the Facebook page yesterday: - SCE are exhibiting today in the Birmingham NEC for free at the Advanced Engineering show. Anyone in the area to pay a visit? - SCE's brakes are in the Delta Motorsport E-4 Coupe Electric Vehicle at the same show, being the "result of the most recent Niche Vehicle Network funded R&D project":[link]
SCE makes Mono faster than Ferrari 250,000 shares and another 95,000 shares bought at 20p in the last 2 days....A great new endorsement for SCE's products - "What Makes the BAC Mono Faster Than a Ferrari"? SCE's brakes of course.....[link] Won't Guess What Makes the BAC Mono Faster Than a Ferrari Pat Toensmeier, 10/22/2015What can improve sports car performance?This is what Neill Briggs, director of product development and co-founder of Briggs Automotive Co. Ltd. (BAC), asked during a presentation at the Autodesk Accelerate conference in Boston last month.Answers from the engineers and designers in attendance included aerodynamic improvements, higher-octane fuel, and more powerful engines. No, no and no, Briggs replied. Aerodynamics affect just 2.6% of performance, only 60% of fuel energy moves a car, and 62% of energy is lost in internal combustion. For Briggs, a good way to improve performance is with powerful brakes. This sounds counterintuitive, but if anyone knows automotive performance, Briggs does. His company in Liverpool, England, developed the Mono, the worlds first road-legal, single-seat purist supercar, as he described it. The BAC Mono looks like a Formula 1 racer. The vehicle, which costs $250,000 and up, has a 2.5-L engine, makes extensive use of composites, and is reportedly faster on a track than an Enzo Ferrari. And while it is eye-catching, the most important thing is that the car performs as well as it looks, Briggs added. Briggs announced a new option for the Mono at the Autodesk conference: carbon-ceramic brakes developed by Surface Transforms (ST) of Ellesmere Port, England, with input from the UKs Niche Vehicle Network. The brakes weigh 2.5 kg (5.5 lb) per corner, half of the steel brakes they replace. They are drop-in replacements since ST makes them in the same diameter as conventional brakes (most carbon-ceramic discs are, for performance reasons, bigger than the discs they replace). And, significantly, drivers increase speed once acclimated to the greater braking power. Briggs said that in trials a Mono with carbon-ceramic brakes posted a 2-second improvement in lap speed. etc"
Nice recent rises I notice it has reached 20p the target price, but maybe an upgrade is due or it may reverse it'srise that has been significant ![link] Feb 15 Cantor Fitzgerald Buy 19.25 20.00 20.00 Reiterates04 Dec 14 Cantor Fitzgerald Buy 19.25 20.00 20.00 Reiterates27 Nov 14 Cantor Fitzgerald Buy 19.25 15.00 20.00 Reiterates19 Nov 14 Cantor Fitzgerald Buy 19.25 15.00 15.00 Reiterates12 Jun 14 Cantor Fitzgerald Buy 19.25 - - Under Review03 Feb 14 Cantor Fitzgerald Buy 19.25 13.00 13.00 Reiterates17 Dec 13 Cantor Fitzgerald Buy 19.25 13.00 13.00 Reiterates05 Aug 13 Cantor Fitzgerald Buy 19.25 13.00 13.00 Reiterates06 Mar 13 Cantor Fitzgerald Buy 19.25 13.00 13.00 Reiterates28 Feb 13 Cantor Fitzgerald Buy 19.25 13.00 13.00
Are we going to have ... ....some game changing news shortly ?Lots of hints in the prelims in September.Are any of the anticipated events coming to fruition ?Highly likely imvho.Regards, TP
Re: Rising strongly on Friday and today And up again today !Already regretting my decision not to top up. : ((TP
Re: Rising strongly on Friday and today RNS just out shows HH/Marlborough top-slicing 500,000 which went through the other day. So who is doing all the buying?We have a mystery buyer out there imo.
Re: Rising strongly on Friday and today Looks like one or two PIs joining in the action too.I topped up recently so I won't be adding at this price.(I'll probably regret that in the future though)Regards, TP
Rising strongly on Friday and today On Friday 100k was bought at 16.5p from earlier, then 600,000 bought at 16.75p and 200k bought at 17p.And another 52k just bought today at 17.25p......Strong accumulation going on here. Perhaps Giles Hargreave/Hargreave Hale are still buying.
RNS : Hargreave Hale buying more RNS - great to see Giles Hargreave's Hargreave Hale increasing above 11% with almost 6m shares:[link] last holdings RNS I can see for HH shows them with 3.345m shares in Feb'14, so they've been steadily increasing over time and are on the way to doubling their stake since then.
Re: As promised, finals out Bought a few more on the dip yesterday. In hindsight I should have done it weeks ago !TP
Re: As promised, finals out Exactly theprior. Results and narrative are as flagged and expected. The MMs have just marked down as a kneejerk, but AFAICS nothing has changed. We know funds will be expected at some stage, but if SCE deliver on more "gamechanger" news - as they say they will in Q4'15 or "early 2016" - then that could be at a significantly higher share price.Current trading is better than I expected in that: "the aerospace and road car sales previous shortfall has already been recovered and race car sales will be back on track over the next few months"In particular, SCE would not be allowed to conclude as follows if there were not some back-up to what they were saying:"The Board expects continuing sales growth and is confident of making further announcements during the year"
As promised, finals out Results as predicted. Should provide us with a further buying opportunity today as the markets misreads the significance of the numbers.Regards, TP
Re: Overdue Finals That's just plain sneaky, as they made no mention of it in the headline of the RNS.So, tomorrow then !Regards, TP
Re: Overdue Finals Check last RNS changed to September.
Re: Overdue Finals "The Company expects to announce its preliminary results in August."From the pre close statement released on 10 June.So, what's happened ??Last year the finals were released on 29 August.Looking at 1 month late at the moment.TP