Interesting price action Yesterday on no news. Following this, and the recent bed and ISAs one has to speculate that a promising operational update is on the way.Good to see the sp starting with a 2 again!TP
Re: Encouraging Bed & ISA RNS Dont let him get to you,G, hes never a good word to say about anything !TP
Re: Encouraging Bed & ISA RNS Don't be ridiculous swisspaul. I hope your post was a joke, because otherwise it would show a remarkable lack of common sense!
Re: Encouraging Bed & ISA RNS or he can write off his losses - my glass is half empty on this one at the moment - that Jam must surely be ready for producing by now
Encouraging Bed & ISA RNS Intriguing RNS today re Gledhill's sheltering from tax of almost £230,000 of shares via a Bed and ISA:[link] can only deduce that he believes material profits will be made here at some point - and hopefully soon!
Re: Moving up consistently Yes, G, its fair buzzing this morning, Google Finace currently showing 17.50 (+12.9%)!Must be something afoot.TP
Moving up consistently There's been a series of small buys over the last few days, with the price steadily ricking up indicating there's not much stock around. The next formal update isn't due for some 6 weeks or so. Let's hope all this is the precursor to some news flow.
Re: Two months Mustve heard me, back to 14.50 now !But, updates please. Lets keep the masses informed )TP
Two months Since the Interims and no news of note. I fear all support will disappear if the market is kept in the dark and with it the dwindling sp.TP
Interims out today The Aston Martin news is certainly the one big bright spot - this seems to be if anything progressing faster than expected, is near-term bringing increased revenues and is very good news.As for the rest.....I am a believer, and to have got this far with such continued interest from the mighty OEMs involved means that their interest is serious and the rewards large. But progress is truly snail-like.One thing is for certain. Once SCE do finalise production contracts with the OEMs, they'll be locked in for many years to come. No-one else would want or be able to go through this prolonged cycle of testing, re-calibrating, re-qualifying etc etc!Finncap retain their 24p target price and note that the results are consistent with their full year expectations.They reiterate what we know already, but do have a couple of additional snippets worth reading:"Further (to the increased Aston Martin revenues), progress with near OEMs (particularly Koenigsegg and Singer) is such that we expect a strong jump in volumes in FY2019E.""In our view, the wild card is OEM5 who have expressed a strong desire to use SCEdiscs and have a less onerous approval process versus OEM3.""Steady progress elsewhere: It is pleasing to see that the move to the new, muchlarger, Knowsley facility has been a success. The Small Volume Production Cell isfully up and running and it is this cell that will fulfil the Aston Martin contract. The first larger production cell is coming together well and SCE expects to be able to deliver off-tools samples in the current calendar year. On VDA6.3, the relevant German OEM(s) will conduct the audit when product testing is complete."
Intriguing share options RNS today I like in particular the excellent vesting criteria, being the 15.25p exercise price rather than the oft-used "nil-cost" options, as well as the options being contract and revenue-dependent:[link] issuance at this time is hopefully an indication that we can expect some significant news flow in the next few months.
New FD arrives - from VW...... SCE now have an impressive full time Finance Director per yesterday's RNS:[link] most interesting point about the new FD is (as posted elsewhere by longshanks) "that he comes from Bentley Motors, themselves part of VAG - a group that buys many thousands of carbon ceramic disks each year."Intriguing ))
Re: SCE brakes in electric supercar! All good and am delighted but my concern would be the IP protection in that area of the world not known to play by world trading standard and IP rules.
SCE brakes in electric supercar! Great to see SCE brakes used in this new $1.2m electric (super)car from Nio in China - the EP9. More proof of the business model......[link] of which, the EP9s brakes are totally bespoke for the application. The automaker partnered with noted brake specialist Alcon to create new Surface Transforms carbon ceramic brake discs. The end result is twice the brake torque capability of a modern GT3 race car, with the front rocking large 408 mm by 40 mm (16.1-inch by 1.6-inch) discs, while the rear gets 408mm by 36 mm (16.1-inch by 1.4-inch) discs. Calipers at both ends are 6-pot units. To keep the discs nice and chilly, theres also carbon fiber air intakes that feed them with fresh atmosphere."
Re: Commercial loan If youre having trouble understanding my last post its probably because its on the wrong board.Shouldve been PPC.Sorry folks TP