gretel
03 Jul 2017
Tipped by SCSW magazine on Saturday Good to see SCSW saying they're buyers before the results on 1st August.Nice prominent Buy rec as the first of the Tip updates too 
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WANTPAYINGONTIME
19 Jun 2017
Re: Excellent trading update today Need it to double that to break even !!
gretel
19 Jun 2017
Re: Excellent trading update today Peel Hunt retain their Buy and 29p price target today.
gretel
19 Jun 2017
Excellent trading update today [link] appears to be slightly ahead of expectations, and the £2.6m cash pile is well ahead of expectations (which were for £1.2m).It's encouraging to see the increased telecommunications infrastructure activity continuing into this year, antennas securing new orders and broadband now positioned for profitability.Peel Hunt's forecasts remain at 1.2p EPS for this current year.
city watcher
14 Jun 2017
Could be reason for the rise [link] Dec 16 Panmure Gordon Buy 12.63 29.00 29.00 Reiterates Could be a better re-rating soon.
Elviron1
25 May 2017
Re: Article re FTC's "renaissance" I particularly like:“What we can see coming is a much richer period and we are confident.” Late last year, Filtronic’s finance director, Michael Tyerman, told the Echo that Filtronic’s renaissance had been “pretty phenomenal”.
mantrova
18 May 2017
SCSW monthly sheet. SCSW commenced positive coverage of FTC, some months ago and further favourable comment must be on the cards, I would expect.m
mantrova
18 May 2017
Re: Mantrova off topic Hi Maverick, good to hear from you.I think I've missed MBT, this time, but thanks for thinking of me.They are always on my daily watch-lists, but I've never quite believe the story there - obviously badly judged by me, but there have been other other fish to fry, so as to speak.Good to read you've seeing some better MBT days - I shall reflect on your good progress with a touch of envy!Best wishes,m
gretel
18 May 2017
Article re FTC's "renaissance" Great article from yesterday showing FTC's "renaissance":[link] company wants to strengthen NetPark hub after good periodA TECHNOLOGY company will press on to secure its next generation after public safety work provided a financial lift, The Northern Echo can reveal. Filtronic is firming up plans to recruit junior engineers and apprentices at a County Durham base. The business operates its broadband division from a site on Sedgefield’s NetPark, which is known for developing an e-band transceiver capable of increasing data limits across phone networks. The base employs in excess of 50 staff and Rob Smith, chief executive, has confirmed the company hopes to add to the number with young starters after a spike in work left annual revenues and profits primed to go beyond market expectations. He said: “We have got a pipeline of products and I am very happy with the progress to date, but we need to do more. “We have a plan, we are working on it and are looking at junior engineers and apprentices. “We are doing the small things – they may seem dull and boring – but they are the things that make the difference.” The business expects group sales to stand at around £35m for the year ending May 31, whereupon the Sedgefield plant will begin work on a £13m national security deal to supply high-frequency modules to a defence equipment maker for aerospace work. That project is one of a cyclical telecoms sector, is helping the business ride market peaks and troughs. Reacting to its improving bottom line, he said the company was getting stronger, revealing its recent successes have been helped by US public safety work through a Leeds-based sister wireless division. He told the Echo: “It has come from a variety of customers and products, which is the very pleasing thing. “One of the areas where we have seen a lot of growth this year has been in the public safety network, such as telecoms networks dedicated to emergency services in the US. “Going back to 9/11, one of the issues highlighted was that the different networks were affected, making communication between the fire and police services very difficult. “One of the actions was to introduce changes for public safety and that has been going on for some time. “But there is an ongoing programme to refurbish it and we are benefiting. “Telecoms will always be a big market for us, but there are different sectors we are pursuing and we are looking to add value to the business. “It is an ongoing process; we are looking for additional business and looking to retain business. “What we can see coming is a much richer period and we are confident.” Late last year, Filtronic’s finance director, Michael Tyerman, told the Echo that Filtronic’s renaissance had been “pretty phenomenal”. He added: “Broadband feels a much healthier business; the beauty of defence and aerospace work is that it is quite long-term. “We’ve got a much stronger pipeline. “A lot of the hard work we did in the turnaround years, we are getting the fruits of that now. “We were very early to the party, we started development back in 2009 on e-band, and what we are seeing now is the market really starting to take it up. Broadband feels much better positioned to be successful.”
gretel
16 May 2017
Positive analyst & press comment Nice press and analyst comment:[link] profits to beat expectationsMobile phone technology firm​ ​​Filtronic ​said trading at its ​wireless business is ahead of previous management expectations​.The Leeds-based group said that​ despite some marginal, short-term weakness in trading in Filtronic Broadband, the board now expects total ​g​roup revenue of £35​m in the year ​to May ​31, ahead of market expectations.​ T​he group’s CEO Rob Smith said that operating profit will also be ahead of expectations.Analysts welcomed the news. Adrian Kearsey at Panmure Gordon said: “Filtronic, the designer and manufacturer of microwave electronics for the wireless telco market, continues to surprise on the upside and has announced that 2017 revenues and profits will be ahead of expectations. Within the mix, the Filtronic Wireless business remains the star of the show, with demand increasingly being driven by its newer products.“With revenues now expected to be in the region of £35m, we are raising our full year 2017 EBIT forecasts from £1.1m to £1.6m, a 43 per cent upgrade.”At the interim stage Filtronic Wireless revenues were up four-fold. Mr Kearsey said that revenues have shown year on year growth of 158 per cent. “The jump in sales activity reflects both shipments of the new ultra-wide band integrated antennas and strong underlying demand for filter products,” he said."
II Editor
12 May 2017
NEW ARTICLE: Another tick in the box, but can Filtronic double again? "LSE:FTC:Filtronic's is the classic dotcom boom and bust chart. Founded by professor David Rhodes in 1977, the designer and manufacturer of microwave electronics for the wireless telecoms market, listed on the London Stock Exchange back in 1994. ..."[link]
gretel
12 May 2017
29p price target : 130% upside Bought some of these first thing these morning.Panmure Gordon today retain their 29p target price. They go for 1.2p EPS to May'18, with 1.4p EPS the year after.They've upgraded this year's EBIT by £1.42m to £1.6m (EPS is increased by 49.8% to 0.5p from 0.4p (I suspect this is in the roundings, so say to 0.54p EPS from 0.36p previously).The coming year's forecast is for £2.9m EBITA.Looks like a company on an upwards swing after a long hiatus.
Maverick
26 Apr 2017
Mantrova off topic Tracked you down.I think you got out of MBT having been just about the only follower other than me?Look at the chart. I have had a buy order in that has not been taken up. I think its on a rise so watch em. Don't want you to miss out.BestMaverick
mantrova
20 Apr 2017
Being well bought today. We dipped very briefly into the 9p's at the start of this new tax year 2017-2018, but it's been upwards ever since - with today's start seeing multiple buys from the off and a continuation of the rise.m
city watcher
16 Mar 2017
Some selling but why ? Posted on 31st January ..................................................................................................Filtronic swung into the black in the six months to the end of November posting an operating profit of £1.8m against a loss of £4.3m last time.Revenue rose to £21.6m (H1 2016: £4.5 m) with Filtronic Wireless sales of £18.7m (H1 2016: £1.9m) and Filtronic Broadband sales of £2.9m (H1 2016: £2.6m).The group reported an adjusted operating profit of £1.8m (H1 2016: £4.1m loss) and had net cash of £0.8m compared with net debt of £0.3m at the end of May.Chairman Reg Gott said: "We have made good progress in a relatively short period to return the business to profitability and we are encouraged with the growing opportunity pipeline."Also Panmure Gordon gives target price of 29p.16 Dec 16 Panmure Gordon Buy 10.38 29.00 29.00 Reiterates 05 Dec 16 Panmure Gordon Buy 10.38 29.00 29.00 Reiterates 29 Sep 16 Panmure Gordon Buy 10.38 29.00 29.00 Reiterates 02 Aug 16 Panmure Gordon Buy 10.38 24.00 29.00 Reiterates
