8th Feb 07 ARMSHARE update :Link Back to Page 6 Here


Information Archive Folder : http://www.esnips.com/web/SurfaceTransformsInfo/


Main Web Site : http://www.surface-transforms.com/

March 2008 Presentation : Presentation Link


Commerical Overview

Surface Transform plcs core activity is exploiting proprietary technologies to create innovative, lightweight, high energy dissipating braking system materials, which can be commercialised for high-performance applications.

Surface Transforms plc has worked on technology programmes in collaboration with major companies such as AlliedSignal Inc, BAE Systems/Roxel, Dunlop Aerospace and Faiveley

Today, Surface Transforms is commercialising its products for an increasing range of high-performance applications. These include automotive, motorsport and aircraft brakes, for which the company has developed Ceramic brakes with improved friction properties, enhanced lifetime and lower production costs. Other growth areas include aerospace components (principally rocket motors) and anti-ballistic armour.

Key milestones have included:

-A new aircraft brakes development contract (Jan 2004) with a leading US based aircraft brakes maker
-A licensing contract (September 2003) with Dunlop Aerospace to develop and supply CFRC brakes;
-A contract with the UK Ministry of Defence to supply innovative materials that will increase protection against high-power rifle and cannon fire;
-A contract with the United States Airforce Research Laboratory for the supply of prototype CFRC materials for military applications.
-First commercial sales of carbon-ceramic brake discs for installation on the KOENIGSEGG Swedish supercar
-First commercial sales of Carbon Ceramic road car discs to StopTech the California based brake system upgrade specialists.
-First commercial sales of Carbon Ceramic road car discs to MOVIT one of the leading brake after-market upgrade kit suppliers based in Germany.


Not expecting anything over night here but to me it is now at the stage of becoming a good play with potential rewards in 2010 onwards on success.

There is a Webcast (Webcon) that people can take part in, its on the 6th of March. To register to get the instructions on how to take part, go to the Armshare.com web site.


If you go to http://www.armshare.com/index.php

Then go to "Content Update" you can register there.


Upcoming Webcons

Surface Transforms (SCE) Thursday 6th of March 2008 1:00 PM

Nice to see, and as I said earlier, from 2009 onwards the rocket systems side should be delivering decent revenues. This small contract is all part of the process, and we should see more of these deals as we move onwards.



http://www.investegate.co.uk/Article.aspx?id=20080218070000P1123

18 February 2008

Surface Transforms plc

("Surface Transforms" or "the Company")

New Contract

Surface Transforms (AIM:SCE) is pleased to announce the award of a 3 year
contract with a value of 150,000 from MBDA, which is owned jointly by BAE
Systems, EADS and Finmeccanica and is one of the largest missile manufacturers
in Europe.

The contract with MBDA is linked to the development of a novel attitude control
system applicable to a range of future European missiles. The work will
characterise material design properties of carbon-ceramics in missile
components including at very high temperatures and develop alternate low-cost
manufacturing routes culminating in the manufacture of test component
demonstrators.

The work will be supported jointly by the UK and French Ministries of Defence
as part of the Innovation and Technology Partnership ("ITP") on Materials and
Components for Missiles.

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

"Earlier work with MBDA over the past two 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 Directors believe Surface Transforms is the only UK supplier of this
strategic material. The material is derived from the Company's core business in
automotive ceramic brakes. The desire for lower cost high quality products has
led the Company to invest significant time and money in its technology in order
to improve the manufacturing process while reducing the material production
cost. The IPR for the Company's carbon-ceramic products relates to the
combination of three key process stages: carbon fibre pre-forms, carbon matrix
CVI, and silicon melt infiltration. The Directors believe whilst there are two
European competitors in automotive ceramic brakes neither use this high
mechanical integrity 3-stage route developed by Surface Transforms.

From Armshare Website. A good forum for anyone wishing to ask questions about braking systems, for cars and planes, rocket solutions, nuclear reactor potentials etc.... 6th March 2008.

"Dear ArmShare reader,

I am contacting you in my capacity as editor of ArmShare because you have elected to receive email alerts re Surface Transforms. The latter is hosting a webcon on 6th March at 13.00 to discuss the half year results and provide a trading update - essentially this is the equivalent of an institutional investor presentation delivered via a conference phone call whilst the powerpoint presentation is displayed on your computer screen, with the pages being turned by the presenting company. You can register on http://www.armshare.com to join the webcon by going to the Content Update page - you will see an Upcoming Webcons section near the top of the page, where you click on Register alongside Surface Transforms, and then complete and submit the resulting page - a few days before the webcon, you will be emailed instructions on how to join the webcon.

In my opinion, webcons are the best use of computing and telephony to date to make a major and straightforward contribution to levelling the playing field between private and institutional investors. I am therefore very keen to help private investors use this interactive communication tool - if you have any queries arising from the above or encounter any difficulties with registering, do contact me.

Regards

Charles Breese

Editor of ArmShare

T: 01280 703482"

Post from AFN :

longshanks - 6 Mar'08 - 15:22 - 598 of 608

Must say it was a very good web conference. Quite illuminating. Pity that only 9 people (other than directors) listened in.

Anyone else take part?

Answered quite alot of my questions.

There is a new note due out from their Private Client Stockbroker but salient points for me were:

1. Looking to break-even in 18 months time

2. Cash burn currently 50K/month

3. They have started selling carbon-fibre preforms (December 2007)

4. They expect to announce a new automotive OEM customer imminently for a batch of 400 special edition cars [I think we know which ones]

5. Aircraft brakes still progressing but at pace of system suppliers. ST is currently uniquely qualified to provide Carbon-Ceramic materials due to requirements for physical integrity. First flight using these type of brakes is still a way off though - probably 2011 at earliest.

6. When they do fit brakes to aircraft the income to ST will be 300K per plane per year!!

7. They are very open to anyone interested in making an offer as they see this as a clear exit strategy for the business. However they will only consider offers that reflect their perceived future prospects which - from the presentation - were MASSIVE.

(sp 9p today - Grief!)

Massive, huh?
Well the Market Cap has lost 25% today - presumably some can't wait for the Jam Tomorrow.
This business has been a serial disapointer and the sp says it all . . . what is management thinking of, suggesting a Sale? - Let's see some trading profits and dividends before you sell us down the river - please.
/
If current Management isn't up to the job ( maybe that's it?), then step aside and let someone else move the business on. There was too much reliance on Racing (which stopped(!) when the F1-rules changed), and thoughts of Aircraft, whose design-time is in decades - so where were the potential sales?
Ah yes . . . .that's it; they were quite few and Small.

Presumably a Sale would trigger Exec Bonuses? - Grr!

hangon, someone sold for the tax year end loss I think, 135K @ 7p.

SCE is going nowhere until 2010, that was my original timing plan, and remains so.

2009 financial year will see the rocket side contribute a decent size, and build for 2010.

No one for short termers..........thats for sure.

2 Holdings RNS's.

First Gresham House buying in.

Second we have C.Gledhill Ltd taking Gartmores holding.


C.Gledhill is interesting as it leads to Gledco.

http://www.usggledco.co.uk/

.

From a post on III. Perhaps we have someone wanting to take a larger stake in the company.


News Soon?

22 May 2008, 21:19:00

By bdaonion: Following the recent announcements regarding holdings, on line limits are 2,500 to buy and 100,000 to sell. Normally you are lucky to sell 10,000 which seems to indicate someone wants to add to their holdings, or a new buyer is out there. Either way looks like some positive action is ahead.

Couple of posts on AFN :


longshanks - 8 Jun'08 - 22:05 - 675 of 676
Interesting article that I came across, written by Paul Markillie, innovation editor of The Economist.

http://www.moreintelligentlife.com/story/screech

Bit that got my attention was:

As cars have got more powerful, their braking performance has had to improve. Carbon-ceramic brakes will slowly make the journey, from super cars to luxury cars and, eventually, all the way down to the Renault Clio. This is because not only do they excel at the main job of stopping a car, they also help in other ways too.



PapalPower - 9 Jun'08 - 04:01 - 676 of 676
Longshanks, high oil is a mixed blessing. Short term its not good for SCE as demand for super cars declines a bit.

Longer term it is the driver needed to get carbon ceramic brakes on to cars, and also airplanes.

Apart from the obvious braking enhancement, a major upside is reduced weight. Reduced weight = higher fuel efficiency = cheaper running costs.

Therefore, the higher the oil price goes, the quicker the ROI for carbon ceramic brakes is, and so the more likely thats its adoption becomes more widespread.

The weight savings on airplanes is much more than cars, as the massive heat sinks on normal brakes are no longer needed on carbon-ceramic. Therefore, as aviation fuel price rises, the ROI on conversion to carbon-ceramic becomes more quick, and there is a case for conversion of old, as well of course as for brand new places.

Hopefully, in the shorter interim period the sales of rocket propulsion system components can fill what might be a downturn for brakes in cars (and its due to be significant for the first time in 2009 onwards), and then we can see more widespread car brake sales as oil prices cut harder, and the first signs of aircraft orders.

A nice article to read :

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


.

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...........

No names but 300K to 400K a year.

SCE only need circa 1m a year to break even, so that, on top of other braking sales, development contracts and also we hope, rocket system sales coming on stream in 2009 - well, looking very good imo.


And as ever, in the auto industry, more deals and higher profile leads to.........more deals........the snowball effect.


http://www.investegate.co.uk/Article.aspx?id=20080630070000P1C63


30 June 2008
Surface Transforms plc

("Surface Transforms" or the "Company")

Four year agreement to supply a leading global automotive brake system supplier

Surface Transforms (AIM: SCE) is pleased to announce the signing of a four year
sales agreement with a leading global automotive brake system supplier for the
supply of carbon fibre preform discs.

The directors believe, based on forecasts prepared by the brakes system
supplier, that this contract could generate additional revenues of
approximately 300,000 - 400,000 per annum over the life of the agreement and
the Company has sufficient manufacturing capacity to meet this demand.

The Company has delivered its first order under the terms of this agreement in
the second quarter of 2008.

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

"This agreement demonstrates that Surface Transforms has the expertise in
advanced carbon fibres, and industrial fabrics which can provide a competitive
edge in composite brake technology and takes our leading-edge products into the
forefront of the international automotive performance brake market. The
expected revenue from this agreement is significantly greater than the total
revenue reported in the Company's audited accounts for the previous financial
year and represents a significant endorsement of the Company's technology".

Some news on F1?...but this co needs volume - not 1-offs. I note that Execs have adjusted their Options - do I get the impression they have done very nicely, whilst the sp is almost a disaster?
If this comes good, I shall be surprised.

Doesn't surprise me this is one of pps favourites, which boiler room does he live in?

hangon, time will tell here. This one is a real LTBH speculative punt. Its impossible to buy or sell a large holding in a short period of time. Those who wish to be exposed to the potential have to build holdings over time.

I have nearly 250K now. Taken a long time to gradually build that up.

As for the stock, nothing major will happen until later in the 2009 financial year, and from then on we will see if it comes good or not.

Its potentially one for 2010, which is what I have named some of the threads, and until that time - its just a speculative high risk stock.

If it comes right, it will make me a million, if not, so be it.

Few posts off of AFN :


PapalPower - 10 Jul'08 - 11:44 - 708 of 710

If timing is good, SCE should be making their first profit just as AIM stocks come out of the doldrums, in 2010.
Could be perfect timing and make SCE very attractive at that time, fingers crossed, this might all go swimmingly to plan.

quemaster - 10 Jul'08 - 15:40 - 709 of 710
I had to sell a few of these about a month ago due to shortage of cash and it was to easy and above bid price..... This week we have had 36,000 shares sold above bid and 1,800 buys at offer.
In the past this sort of trading would take 15% off the SP. I get the feeling we may well see a further rise in the near future.


PapalPower - 11 Jul'08 - 00:43 - 710 of 710
quemaster, yes, it would appear someone has standing orders to take all sells.
Todays sells were at 19.05p, well above the advertised 18p bid.
And yes, in the past sells of that level would knock 15% off the SP by being well below it, so is nice to see sells at near mid price.
It is nicely poised and hopefully we will see the 2010 results move into profit.
I still think that someone will make a bid for the company before it turns profitable. At the present time they could pick this up for say 70p to 100p a share imv, the longer they wait and the nearer SCE get to profitability and also nearer to the contributions from aircraft, the more expensive it will get to buy.

.

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 years 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.

.

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 UKs 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 companys 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