Over the next few years Surface Transforms (ST) should transition from development and niche supply of carbon ceramic brake discs to a full volume producer. Its pre-close trading update indicates good operational progress, although the game-changing automotive contracts still remain unconfirmed. If the company successfully delivers these and funds its expansion, the potential looks significant.
08 Dec 2015
Strong braking performance
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Strong braking performance
Surface Transforms PLC (SCE:LON) | 3.0 0 (-6.2%) | Mkt Cap: 10.7m
- Published:
08 Dec 2015 - Author:
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Over the next few years Surface Transforms (ST) should transition from development and niche supply of carbon ceramic brake discs to a full volume producer. Its pre-close trading update indicates good operational progress, although the game-changing automotive contracts still remain unconfirmed. If the company successfully delivers these and funds its expansion, the potential looks significant.