gretel
28 Dec 2016
New AGM presentation I got a news alert re SCE's AGM presentation from late November, so I'm not sure whether this means it's newly up or not. Anyway, here it is FYI:[link]
theprior
17 Dec 2016
Happy Christmas G And others looking in.Hopefully 2017 will see the contracts come rolling in and we'll all be rich ! : ))TP
theprior
09 Dec 2016
Yesterday's ... ....pull back not surprising given the rather downbeat news. But, given the strength of the company going forward these shares are now cheapGood time to buy, I topped up yesterday at 20.66. Bargain.TP
gretel
24 Nov 2016
Unicorn VCT invest £1.5m in SCE SCE is one of Unicorn AIM VCT's newest investments (via the placing), and in their results this morning they have this to say:[link] Transforms (+74%) is an established AIM-listed company focused on the development and manufacture of next-generation, carbon ceramic brake discs for the automotive and aircraft industries. In April 2016, Surface Transforms completed a £6million placing and open offer. Unicorn committed £1.5 million to this VCT qualifying fundraising. As a result of this funding round, the balance sheet has been considerably strengthened and the business now has the capital it requires to invest in essential factory expansion.This investment in new plant and equipment is required because of the significant recent progress Surface Transforms has made with its key automotive customers, which includes the signing of a pre-production contract with a major German automotive manufacturer. Although the business remains loss-making, it now has the foundations in place to enable it to grow its revenues substantially over the next two years."
theprior
22 Nov 2016
Re: News of another partnership Good find, G, wonder what sort of numbers they're anticipating ?TP
gretel
21 Nov 2016
News of another partnership [link] "Wednesday, November 2, 2016 WP Pro Disc Rotor Steel RotorsWP Pro's steel rotors are cast using our unique chemical composition designed to increase maximum friction between pads and to lower wear and tear. We build our brakes focusing on performance and safety. ALL WP Pro steel rotors are heat treated before machining to allow the rotors to have a more uniform metallic structure. This in turn produces some of the strongest, longer lasting rotors currently available on the market. Carbon Ceramic Brake RotorsWP Pro has teamed up with Surface Transforms in the UK - world renown for their Carbon Ceramic disc processes - to employ the latest technology in the production of Carbon Ceramic braking systems. We offer both OE replacement kits and OE upgrade kits for selected vehicles. working with our partner, we were able to develop new carbon ceramic technology that utilizes the following benefits not found anywhere else: - Patented Continuous Fibre Construction:allows for up to 10x the lifespan of traditional braking systems. - Lower cost of production which allows us to price it lower than competitors. - The ability to refurbish ceramic rotors up to 3 times in its lifetime - Three times the thermal conductivity in comparison to the traditional carbon ceramic braking systems.- working with OE partners, such as Koenigsegg, it gives us the opportunity to work with an extremely high performance platform to prove our products' performance."
theprior
09 Nov 2016
Trump Will probably have to spend a lot more on defence if he is to keep his pre-election promises.Does that mean the US aircraft brakes will be advanced more quickly, I wonder ??TP
gretel
08 Nov 2016
SCE news re BAC Mono with SCE brake discs.....[link] Mono with CCST discs takes record at Anglesey November 07, 2016The BAC Mono with CCST brake discs - driven by Richard Meaden of evo magazine - became the fastest road-legal car tested by evo at Anglesey Coastal Circuit. The lap time of 1
7.70 beat the previous record-holder (McLaren P1 GTR) by exactly one second. The Mono features a 2.5-litre Ford Duratec four-cylinder engine tuned to deliver 305 bhp and 310 Nm of torque; the one-seat supercar weighs just 580 kg (only 7 kg of this coming from the light-weight CCST brake discs), giving it a 525 bhp per tonne power-to-weight ratio. This success adds to the fastest ever Goodwood Festival of Speed Roadcar Hill Climb time last year and topping the Top Gear Power Lap Leaderboard in 2013 and BAC intend more iconic circuit record attempts in 2017. Driver Richard Meaden said, "Driving the Mono is a quite amazing experience. From the what you climb into the car to how connected you feel with the road... you have a constantly remind yourself that you're in a road car when behind the wheel. Beating the McLaren P1 GTR by that big [of] a margin is simply staggering.BAC Design Director Ian Briggs said, "The Mono has proved time and time again that it can compete with the best in the business, and its remarkable lap at Anglesey has made it a true pace icon."You can see the full article on the BAC website."Here's BAC's version:[link]
gretel
10 Oct 2016
Cantor retain Buy and 40p target Cantor Fitzgerald summarise as follows today - they have a 40p target price and a 70p target based on DCF with revenues incoming from all five OEMs:"Good commercial headway in FY2016Surface Transforms' ('ST') FY2016 results highlight strong commercial progress for its differentiated carbon ceramic brake discs, where it is advancing discussions with five automotive OEMs. In particular, ST recently signed a pre-production contract with its 'German OEM three' customer and subject to agreed operational goals, it intends to introduce ST on a higher volume than previously discussed, with initial sales envisaged in FY2018. Elsewhere, retrofits and near OEM sales grew by 33% to £557k and ST's aerospace contract is still anticipated to commence production in early 2018. Investment to increase capacity and reduce manufacturing costs by 50% is also now well underway and management is now targeting relocation to the new Knowsley facility by 2016 end; ahead of schedule. We retain our Buy and TP of 40p in anticipation of further positive news flow over the coming months to support on-going share price momentum."
gretel
10 Oct 2016
Re: Interims fine overall with OEM5 accelerating activity and slight delays elsewhere, as is to be expected in these large testing and scale-up programmes. 6 months here and there is nothing in the scheme of things.Meanwhile OEM3 is introducing SCE brakes to a new model with "significantly higher" volumes, which is extremely good news. OEM3 will now have higher forecast sales in year 17/18 (note, only 12-18 months away).The m/cap here is still only £21.7m. And unlike other such stocks, SCE is well funded and has continuing current profitable revenues and specific pre-production agreements with a range of multinational customers which would bring in secure and large annual revenue streams.Also good to see the military aircraft contract win going smoothly.
theprior
10 Oct 2016
Interims Not all good news, and I would expect a slight pull back in early trading, giving a further buying opp.However, for those able to hang on for another couple of years we will then be creating revenue from these OEMs.No prices for guessing who the OEM 2,3&4 are !
theprior
08 Oct 2016
Re: New report on CC brakes Good find, G, but I, for one, wasn't aware there were other players besides Brembo (which we know are inferior quality, durability, etc)I think I'll do a bit more reading, unless you've already done so ??Regards, TP
gretel
07 Oct 2016
New report on CC brakes Nice move up this morning.Big new report out about the carbon-ceramic brakes market, trends, growth path etc - SCE are a prime mover along with Brembo etc. I've sent away for a free report sample, but assume the entire report costs £'000's....[link] Extracts: "Impact of Existing and Emerging Automotive Carbon Ceramic Brakes Market Trends And Forecast 2016-2026" "Over the last couple of decades, carbon ceramic has emerged as an important material of construction for manufacturing brake discs in automotive vehicles. Various automotive components’ manufacturers around the globe have implemented the use of carbon ceramic for producing brake discs. Due to their high performance, the demand for carbon ceramic brakes is expected to increase at an unprecedented rate over the forecast period of 2016-2026, especially for their use in high-performance vehicles and auto sports." "For enhanced safety of drivers, the use of carbon ceramic brakes has increased exponentially in motor sports due to stringent regulations as laid down by governing bodies running these sports. These advantages are expected to drive the demand for carbon ceramic brakes at a high CAGR between 2016 and 2026.""Automotive Carbon Ceramic Brakes: Key PlayersSome of the key players reported in this study of global automotive carbon ceramic brakes market include, Brembo S.p.A, SGL Group, Surface Transforms Plc, Akebono Brake Corporation, Fusion Brakes, LLC, Sicom (MS Production), and Rotora etc."
theprior
05 Oct 2016
10 Oct Next Monday the results are due to be published.Is today's drop a harbinger of what is to be announced ?Or is it an opportune moment to top up ?The financials are bound to disappoint a market that is geared to interpretation of accounts rather than potential.So, a buying opportunity!!The only question is.... do I top up now, or next week ? (Or both 
)))TP
gretel
22 Sep 2016
Keen buying this morning Someone's keen - a 50k pre-open buy at 28.9p.
