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Results: SCE
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Surface Transforms – announces another discounted equity raise. For further capacity needs?
Manufacturer of carbon fibre reinforced ceramic automotive brake discs Surface Transforms (SCE) “is pleased to announce that… the company has conditionally raised gross proceeds of £16.0 million… at the issue price of 40 pence per ordinary share”. How pleasing is this?
- By Steve Moore
- 2022-09-29 14:04:54
NEWSFLOW
Surface Transforms (#SCE) – 2021 update, argues to move into profitability this year
- 2022-01-28 07:32:51
NEWSFLOW
Surface Transforms (#SCE) – production capacity delay, FY result “significantly short of market expectations”
- 2021-12-14 07:34:10
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Surface Transforms – trading and operations update. Good news for Russ & co?
There is a “Trading and operations update” announcement today from carbon ceramic brake discs company Surface Transforms (SCE). Hopefully it’s good news as reader Russ (hi) will likely get dreadfully upset if reporting otherwise (as well as that this is not a 100+ page review of the carbon ceramic brake disc industry).
- By Steve Moore
- 2021-07-08 16:52:49
NEWSFLOW
Surface Transforms (#SCE) – £1m 'Flexible Growth Fund' loan from Liverpool City Region Combined Authority
- 2021-03-24 07:47:18
NEWSFLOW
Surface Transforms (#SCE) – raised £2m in oversubscribed open offer at 50p per share
- 2021-02-08 07:49:25
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Surface Transforms – discounted fundraising, how delighted are Chairman David Bundred and CEO Kevin Johnson?...
Previously writing on manufacturer of carbon fibre reinforced ceramic automotive brake discs Surface Transforms (SCE), earlier this month I concluded with the shares at 53p that there looks interesting future potential here, but ahead of further balance sheet and revenue detail (results expected in May) and with the already more than £80 million market cap, I currently continue to avoid. Now a placing and proposed open offer...
- By Steve Moore
- 2021-01-20 17:00:30
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Surface Transforms – shares up on “Trading, OEM Pipeline & Operations Update”. Good news then?...
A “Trading, OEM Pipeline & Operations Update” announcement from manufacturer of carbon fibre reinforced ceramic automotive brake discs Surface Transforms (SCE) – and the shares currently 4% higher at 53p, capitalising the company at over £82 million. Good news then?...
- By Steve Moore
- 2021-01-05 15:41:26
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Surface Transforms – argues “pleased to announce” results… but what about the underlying cash burn?
Writing earlier this month with the shares then having soared to 47p, I reviewed Surface Transforms (SCE) “truly game changing” contract award. Is it?, & how’s the current financial position?. Now “pleased to announce” results for the first half of 2020...
- By Steve Moore
- 2020-09-28 12:06:14
