Surface Transforms: great concept, but re-think needed
This innovative company has secured some big commitments from automotive giants for its excellent products. Unfortunately, it’s proving a challenge to effectively increase its production capacity. We hope it succeeds, as it’s just the sort of business AIM and the UK needs. What could the shares be worth?
The idea sounds great, “carbon-ceramic technology that provides the ultimate vehicle braking performance”. Here are seven stated reasons why Surface Transform’s (AIM:SCE) technology is going down well: Weight savings of up to 70% compared to iron brakes Improved handling and driveability Less noise, vibration and harshness) Improved performance Reduced brake wear – giving increased life Corrosion Free Outstanding performance, even from cold The company’s sales messages and products have clearly resonated with several leading automotive OEMs who have selected Surface Transforms as a tier one supplier. Most recently on 16 October came the news that it had been selected as…