Market's view on Filtronic
Published on April 2024
- FTC has developments beyond their current product offerings and engagement with several excellent client companies, indicating potential for future announcements.
- FTC’s equipment is used extensively in base stations, with predictions that the stock price could rise significantly this year, potentially leading to a buyout.
- Some stock watchers have expressed concerns about FTC’s share price reaching a plateau and anticipate a decline.
- Two market leaders are working together, suggesting strong strategic positioning.
- Observations that FTC has undergone impressive strides recently, with expectations set for continued upward momentum.
- A critical view of stock analysis by some commentators who seem outdated and not in-depth.
- FTC founded in 1977, initially focused on military components, later became a significant player during the dotcom boom but faced downturns; it now has a high market cap with slim margins and is yet to turn a profit.
- FTC offers a comprehensive, specialised service from design to manufacturing, not based in China, which is seen as a competitive advantage.
- Discussions of a potential deal with SpaceX, raising concerns about potential overreach in influence by SpaceX on FTC’s business operations and product development.
- FTC’s strategic partnership involves conditions tied to stock warrants priced at the market rate from the day before the announcement.