Developer and manufacturer of carbon ceramic products for the brakes market, Surface Transforms (SCE) “is pleased to announce its preliminary results for the year ended 31 May 2016”. The shares are currently 7.5% lower, at below 25p, in response…
Carbon ceramic brake discs company, Surface Transforms (SCE), has announced a “Pre-Production Technology Development Agreement”, including “expected annualised revenues after start of production reaching approximately £10m-£12m on mature volumes”. The shares are currently up approaching 9%, to 18.75p, in response. Hmmm – let’s take a look…
Following a recent “successful fundraising” (AKA a smaller investor shafting), Surface Transforms (SCE) has released a “Trading, Premises and Operating Update”…
Having last month announced a smaller investor shafting (sorry, a “equity fundraising of up to £5.0 million”), Surface Transforms (SCE) has updated on a revised extent of the shafting…
“Surface Transforms (SCE) is pleased to announce a conditional equity fundraising of up to £5 million… The net proceeds of the fundraising will enable the board to pursue its strategy of having the capacity to supply the commercial volumes which may be required by automotive OEMs… as well as fulfil their existing commitments to the company's aerospace and other customers”. Hmmm…
Purveyor of ceramic brakes, AIM-listed Surface Transforms (SCE) produced a trading statement back in June which stated that results were expected to be released in August. It is now the end of September and the silence is deafening. Why the delay, chaps?
On the daily share chart of Surface Transforms (SCE) over the past year where the rather thin, spiky share price action, may have been enough to deter would be bulls.
