Anyone interested in Filtronic?? Anyone have any views?



http://www.filtronic.co.uk



Audio CV of David Rhodes
http://www.theredtape.co.uk/medialinks/v1.8-cv.asx

This has started moving again, don't know why, but have bought some for a momentum trade. H

Filtronic expects 2012 sales to rise to 25m


Filtronic's group sales are now projected to grow from 16m in the 2011 financial year to around 25m for 2012.

Filtronic - which designs and manufactures microwave electronics products for the wireless telecoms infrastructure market - says its point-to-point business continues to be faced with a number of challenges but also new opportunities as its product mix changes significantly over the next 18 months.

It adds: "Recent conversations with customers suggest a faster than expected phase-out of certain mature module products.

"This will have a negative impact on trading in the remainder of the financial year ending in May as well as into FY 2012.

"The business has also had to adjust to the impact of Ceragon's acquisition of NERA in January.

"Whilst sales of short-haul products to Ceragon are tailing off more sharply than expected, long haul product volumes (typically around 40% of historic sales to NERA) are expected to be sustained well into FY 2012."

PTP sales are expected to be around 12m in the 2011 financial year.

The early part of FY2012 will be hit by the Ceragon reductions and mature product phase-outs, while the second half will start to benefit from the new customers and products.

he overall expectation is for FY2012 PTP sales of just above 10m, weighted towards the second half.

The firm says Isotek is well-positioned to participate on several key programmes, especially in the US 4G market, and has been selected by Alcatel-Lucent as a supplier for both its AT&T and Sprint LTE programmes. However, there have been some recent customer programme delays during the early rollout phase.

These delays are expected to reduce FY2011 Isotek sales to 4m with consequent margin impacts compounded by short term component shortages.

Group sales are now projected to grow from 16m for FY2011 to around 25m for FY2012 with Isotek FY2012 expectations maintained at 15m.

A nice jump later in the day; I believe because of growth in the wireless infra structure division and related G4 technology. Surprised to be in profit now, hoping that the G4 runout in the UK/US and the release of the new i phone etc, will push the share price along a little more. H

Any ideas on why the fall in price? Whats the net assets in this company?

Hit 50p today.

This morning 75p.

sp steadily going down 53p and falling.

Reassuring RNS sp nicely up.

Organised in partnership with Cenkos Securities and Shares magazine, the second Innovators & Investors Forum will take place on 4th February 2014 at the Business Design Centre, London N1.

The event aims to showcase up to 40 leading innovative and imaginative technology-led firms and to bring them together with the investment community. It combines both a company expo and an educational conference where delegates learn about a range of investment opportunities.

REGISTER NOW

Why attend?

This event gives you a platform to meet under one roof up to 40 technology-led companies, hear their messages during presentation seminars and engage in discussions with them on their stands.

The event is supported with an extensive conference program, including keynote speakers and company presentations.



Companies already confirmed for the 4th February 2014 include:

Allocate Software
Angle
Avanti Communications
Bango
Bond International Software
Brady
Cenkos Securities
CML Microsystems
Deltex Medical
Earthport
Eleco
Enables IT
Escher Group Holdings
Filtronic
Forbidden Technologies
Globo
Imperial Innovations
incadea
InternetQ
ITM Power
KBC Advanced Technologies
Kromek Group
Optimal Payments
Plastics Capital
Quindell
Regenersis
Rightster
StatPro
Transense Technologies


CONFERENCE AGENDA

The following session is dedicated to a mix of institutional investor and private investors.

11:40 Company presentation - Colin Miles, VP, Corporate Relations - InternetQ

11:55 Company presentation - Hank Uberoi, CEO - Earthport

12:10 Company presentation - Quindell

12:25 Company presentation - Dr Nigel Pitchford, Chief Investment Officer - Imperial Innovations

12:40 Lunch

The afternoon sessions are dedicated to private investors.

14:00 Keynote address - Richard Penny, Senior Fund Manager - Legal and General UK Alpha Trust

14:15 Russ Mould, Editor - Shares Magazine

14:30 Company presentation - Kromek Group

14:45 Company presentation - Joel Leonoff, President & CEO - Optimal Payments

15:00 Company presentation

15:15 Company presentation - Charlie Muirhead, CEO and Founder - Rightster

15:30 Company presentation - Caroline Brown, Executive Director & CFO - KBC Advanced Technologies

15:45 Coffee

16:15 Company presentation - Andrew Fabian, Group Finance Director - StatPro

16:30 Company presentation

16:45 Company presentation

17:00 Company presentation - Jonathan O’Connell, CFO - Escher Group Holdings

17:15 Company presentation - ITM Power

17:30 Close

The exhibition will be open from 10:45 to 17:30.

Coffee / lunch will be served within the exhibition.


This agenda is subject to change and alterations. More companies to be announced soon.

REGISTER NOW

The exhibition will be open from 10:45 to 17:30.

Coffee / lunch will be served within the exhibition.



This agenda is subject to change and alterations. More companies to be announced soon.



EXHIBITION

The exhibition will be open from 10:45 to 17:30.

Coffee / lunch will be served within the exhibition.



Dress code: business attire




VENUE
Business Design Centre
52 Upper Street
Islington
London N1 0QH

http://www.businessdesigncentre.co.uk/

Access map: http://www.businessdesigncentre.co.uk/VisitingUs

Closest tube station: Angel (3 min. walk) - Northern Line





SPONSOR


Cenkos Securities is an independent specialist securities firm focused on UK small and mid-cap companies.
We aim to be entrepreneurial, whilst seeking to establish long-term relationships with corporate and institutional clients.
Our directors and partners have on average more than 25 years' experience in the UK securities market. They have pioneered and led some of the most successful and innovative transactions in the UK securities market over the last decades.

REGISTER NOW

Top faller.

Could this fall to 5p.