(SCE.L) Surface Transforms PLC Buy/Sell

Looks like a Seymour Pierce note is coming out soon, according to this update from Armshare following the news yesterday. That might drive some interest.


http://www.armshare.com


...............The October update reported the start of a 3 year, £2.1 million collaborative R&D project - the Technology Strategy Board is providing a grant of £1.12 million to a consortium of 6 companies led by Surface Transforms - the purpose of the project is to develop an innovative ceramic disk, using both waste carbon and contemporary manufacturing processes, with the objectives of improving friction characteristics and substantially reducing wear - the consortium includes Bentley Motors, Faively Transport (manufacturer of train braking systems), Federal-Mogul and Loughborough University (specifications, analysis, testing) - Surface Transforms is likely to receive £470,000 of the grant over the next 3 years.

Research Standing

Whilst scarcely visible financially, the company has made very good commercial progress over the last 4 years. ArmShare is an advocate of constructing portfolios comprising at least 80% invested in established businesses combining growth and value and up to 20% in a portfolio of earlier stage higher risk businesses considered to have the potential to develop into the former - Surface Transforms is an obvious candidate for the '20%' category of such a portfolio.

The company's recently appointed broker was as 13th October expecting to issue a research note fairly imminently.

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RNS Number : 6207A
Surface Transforms PLC
13 October 2009

The commencement of £2.1 million Collaborative R&D Project part funded by grants from the UK Technology Strategy Board ("TSB")

Surface Transforms is pleased to announce the start of a three year, £2.1 million collaborative research and development project. The Technology Strategy Board has agreed to fund the project with a grant of £1.12 million to a consortium of companies led by Surface Transforms.

The aim of this R&D project, with the acronym "Sμrface", is to develop an innovative ceramic disk, using both waste carbon and contemporary manufacturing processes. The objectives are improved friction characteristics and substantially reduced wear with the development of a method that will allow worn ceramic disks to be resurfaced for re-use.

Success in the Sμrface project will enable a much greater flexibility and tolerance in the structure of the core material used in the disc, which will impact directly on reducing cost and increasing performance.

The Company's partners in this collaborative project are:-

* Faiveley Transport Ltd (manufacturer of train braking systems)

* Alcon Components Ltd (brake systems for high performance cars)

* Bentley Motors Ltd (OEM high performance car manufacturer)

* Federal-Mogul Friction Products Ltd (brake pads)

* Loughborough University (specifications, analysis, testing)

Surface Transforms is the lead company and project co-ordinator and will be supplying the proprietary technology relating to the manufacture of carbon ceramic brake discs. The other industrial partners are all technology leaders in their respective fields of innovative friction material technology for use in the transport market.

The project commenced on 1st September 2009 with the contribution from the Technology Strategy Board grant to Surface Transforms estimated at £470,000 over the next three years.

Kevin D'Silva, Surface Transform's Chairman, commented: "This is the second time that the company has been successful in accessing Technology Strategy Board investment finding. We are pleased that the Technology Strategy Board has approved the Company as co-ordinator for this project."

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Bit of media coverage following the results.


http://www.smallcapnews.co.uk/article/Manufacturers_still_gripped_by_recession_but_positive_signs_are_emerging/8286.aspx

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http://www.investegate.co.uk/Article.aspx?id=200908171159405497X

Gledhill now at 29% holding......

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http://www.investegate.co.uk/Article.aspx?id=200908171159405497X

Gledhill how at 29% holding......

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French win for Surface Transforms

http://www.growthcompany.co.uk/news/1064062/french-win-for-surface-transforms.thtml

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So Mr Gledhill now has almost 25%. That makes him a serious player in my book.....so it will be interesting to see whether he keeps on building his stake up to 29.9%. He can now influence where this company goes so we could be in for an interesting time. Hang on in there.

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Good to see the buyer is Gledhill, and now I see where your 15% came from. I was only looking at the 804,000 so you're correct.
Have been adding gradually over the last 18 months myself, so hopefully with expected sales developemnst the current price will soon be left behind, although it has been up and back several times. Continue to buy on the lows IMO!

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Certainly looks like a swap, but size is around 4% based on just under 20m shares. Still interesting, and maybe there is another party stakebuilding apart from Gledhill.

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Over 800,000 shares changed hands yesterday......interesting to see whether the buyer is the same as before. If so, that will be over 15% of the company. Very interesting indeed!

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Just posted this on SC :

"On a business level they are doing what they said they would.

As it stands now the crashing pound will help them, as most sales on car brakes are export. The rising Euro will also disadvantage the competition, so in 2009 there could be some good car braking upside in spite of the credit crisis.

With rockets, which is what todays news was about, it was envisaged that 2009 would see the first "real" volume sales and so contribution to profits, and this really coming on stream in 2010.

So today we have talk of potential "production versions".......so all is potentially on track for a little 2009 contribution from the rocket side as planned.

All in all, doing well, and lets hope they continue to do so.

Also note the other Engineering company keeps buying shares (last holdings notices) - someone is keeping an eye on events, potential here is enormous, if the plans go "as planned" "

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Certainly a move in the right direction.

In fact it is a good result.

Upwards is the way forward now.

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11 December 2008

Surface Transforms Plc

("Surface Transforms" or "the Company")

New Orders in the Defence Sector

Surface Transforms (AIM:SCE) is pleased to announce three further orders from
MBDA with a combined value in excess of £150,000, all of which will be
delivered and invoiced within the current financial year. The orders are for
the continued development of new material technologies for attitude control
systems applicable to a range of European guided weapons. MBDA is owned jointly
by BAE Systems, EADS and Finmeccanica and is the largest missile manufacturer
in Europe. The Directors are hopeful that the Company will receive further
business from MBDA.

These new orders are in addition to, and in parallel with a three year fixed
term contract announced in February 2008 from MBDA to the value of £150,000,
which is financially supported by the UK and French Ministries of Defence as
part of the Innovation and Technology Partnership ("ITP") on Materials and
Components for Missiles.

The ITP contract concentrates on the generation of dedicated design data for
Surface Transforms' range of carbon-ceramic composite materials, whereas work
under the new orders focuses more on component design, fabrication and test
performance, and looks towards possible future qualification and
commercialisation.

Commenting, Kevin Johnson, Chief Executive of Surface Transforms, said:

"We are particularly pleased to receive these orders which represent a further
endorsement of MBDA's commitment to Surface Transforms' technology and
products. Earlier work with MBDA over the past three years has shown that
carbon-ceramic is now a strategic material which gives significant performance
advantages over carbon-carbon and huge weight savings over advanced metal
alloys. We can deliver distinct cost benefits with improved performance using
our proprietary technology. The new accelerated work programme with MBDA also
extends the reach of our technology and products from the automotive and
aircraft markets, to the defence sector."

Surface Transforms is the only UK supplier of this strategic material. This is
derived from the Company's core business in automotive ceramic brakes where
high quality at affordable cost has driven the technology to quicker
manufacturing processes with reduced costs. The IPR for the Company's
carbon-ceramic products is held in the combination of the three key process
stages: carbon fibre pre-forms, carbon matrix CVI, and silicon melt
infiltration.

For further Company details visit

www.surface-transforms.com

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Good to see C Gledhill continuing to quietly add to their holdings. Smart move imo at this stage of SCE's development considering the value of the of time, money and contracts already in their developments.

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New Vacancy - Sales Manager

Looking to expand the Rocket Side, Aircraft and 3D Preforms it seems, which would say they are happy with progress and set up on the Car Braking side.

Nice to see them confident too..........profitability in 18 months...... Lets hope so and keep those fingers crossed.......it would go with my own time scale of years back which said moving into profitability in the 2009 financial year and 2010 being a great move onwards for SCE.




http://www.netcomposites.com/vacancy.asp?id=952

NEW VACANCY

SALES MANAGER

Surface Transforms

Ellesmere Port, Cheshire

Aerospace, Defence, 3D Carbon Fibre Preforms

The Company

Surface Transforms plc is an AIM listed company, with a market capitalisation of around £4million. The company is the UK’s leading manufacturer of carbon fibre reinforced ceramic composite materials. These are used commercially in braking systems for high performance cars and in development for aircraft brakes and non-friction defence applications, such as rocket nozzles, control systems and heat shields.

Three years ago, under new leadership the company focused on developing its products, gaining market acceptance and achieving financial returns. The results from this strategy are now being seen with rapid growth and an exciting future. In line with its strategy the business is looking to recruit a Sales Manager for the Aerospace, Defence and 3D carbon fibre preforms markets.

As a growing high technology business the company is well financed and anticipates reaching profitability within the next 18 months.
For more information on the company, visit http://www.surface-transforms.com/
For financial information and research on the business, click on the armshare icon on the Surface Transforms home page.

The business is based in the M56 corridor between Manchester and Chester and the plant is located in Ellesmere Port.

The Role

Surface Transforms is looking to appoint a Sales Manager – Aerospace, Defence, 3D CF preforms to join the senior management team and play a key role in the strategic management and development of the business.

In operational terms the successful candidate will focus on the aircraft, rocket and 3D preform activities, building relationships with existing and prospective customers, working with the customer to understand their needs and utilising the company’s resources to provide a suitable solution.

The candidate will be a dynamic leader, have several years key account management experience and an excellent track record of international business development. Experience in the automotive, aerospace or defence sector would be ideal, as would some knowledge of the fibre reinforced composites industry, and the ability to learn and understand technical issues is essential. The role involves a close liaison with our Design & Development and Operational teams.

Key attributes and skills


Resource investigator and natural networker

Results orientated
Strategic thinker
Analytical thinker
Proactive and able to work as part of a team
Willing to travel

Reporting directly to the CEO, the successful candidate will control their own destiny as part of a senior team running the business. Remuneration will be based on an attractive base salary, with bonus against company and personal targets. The candidate will also have the opportunity to receive potentially high return share options. If you wish to be considered for this position please apply in writing, enclosing a full CV to:

Kevin Johnson
Managing Director
Surface Transforms plc
Unit 4
Olympic Park
Poole Hall Road
Ellesmere Port
Cheshire
CH66 1ST

Alternatively email to: kj@surface-transforms.com

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http://www.ldpbusiness.co.uk/liverpool-news/liverpool-business-news/2008/07/11/hi-tech-automotive-brakes-firm-cuts-annual-losses-96026-21322054/

Hi-tech automotive brakes firm cuts annual losses

Jul 11 2008 by Tony McDonough, Liverpool Daily Post

HI-TECH automotive brake manufacturer Surface Transforms has cut its annual losses to just under £600,000 and has seen turnover increase by 90%.

The Ellesmere Port firm has signed an agreement with a leading global automotive brake system supplier for the supply of carbon fibre preform discs.

It estimated the deal could be worth between £300,000 and £400,000 over the four-year life of the agreement.

For the year to May 31 Surface Transforms has reported a 90% increase in turnover to £508,112.

However the company still sustained losses of £594,000 which is 8% lower than last year’s loss of £646,422.

The cash position of the firm has increased to more than £1.1m, up from £878,971 last year, which is equivalent to approximately 5p per share.

Its order book has also increased by 137.91% from £126,097 as at May 31, 2007, to approximately £300,000 as of May 31 this year.

Earlier this year Surface was chosen to provide its carbon ceramic technology for the Avocet, a two seater British-built sports car that powers to 60mph in less than five seconds.

The braking system helps shave 2.5kg of weight off every corner the already superlightweight vehicle takes.

MM Industries, which now owns the former Strathcarron sports car business, is producing the car which will use selected Ford standard and performance parts, giving it components that are fully tested and proven in the market.

MMI has placed an order for a limited initial production run of the car, which now features a significantly restyled moulded bodyshell and incorporates some of the latest lightweight composite materials.

Chairman Kevin D'Silva said: “The board is pleased with the progress in the year to May 31 and believes further significant progress will be made in the forthcoming financial year and is particularly encouraged by the automotive brake contract announced on June 30, 2008.

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Get Level 2 now for only £20.00!

I have the feeling the price was held down until the option price had been struck. Now that is done, the recent news, and no doubt more good news, should get the SP move up to a level more reflective of the growth we are seeing. Annual income is now about a million, so another sales agreement should move the company into a potential profit in 2009 even without the rocket motors. Then onwards and upwards.

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PP - yee of little faith! Just kidding - read an earlier post of yours on AF.

If this firm supplies Ferrari F1 then maybe this could lead to the road cars. If that happens then more such manufacturers are likely to follow - Porsche, Lambos, Astons, Audi for instance. Add in the rocket motors and aircraft, plus the IP and then exisiting manufacturers losing business and we could see bidding war.

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From a post on AFN commenting on a article in Sundays Mail, it looks like SCE will be announcing some news this week.


"distill - 29 Jun'08 - 23:42 - 687 of 690

no links as in paper but the jist

F1 deal could be the big break for disc firm

Supercar componant supplier Surface Transform will this week announce a deal to provide a major manufacturer of high performance braking systems to F1 GP2 and Le-mans racing teams
The aim listed company will announce the deal with the as yet unnamed firm which is a supplyer of the ferrari formular 1 team among others......................................ST produce carbon ceramic brakes discs under the System ST brand these can withstand the extreme temparatures created by performance cars..........already supplies Koenigssegg and brtish 2seater sports car maker Avocet...........

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A nice article to read :

http://www.surface-transforms.com/resource.php?id=116


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