Filtronic exit @ £4
Hi all,
First-time poster here, so go easy on me.
I’m looking for a bit of perspective on my current position in Filtronic. I’ve been holding for a while and I’m currently up over 800% on my position, as shown in the screenshot attached.
I still like the company and the long-term story, but I’m starting to question whether it makes sense to take some profit rather than letting one position become too overweight in my portfolio.
My current thinking is to sell part of the Filtronic holding, lock in some gains, and redeploy the profit into a couple of smaller-cap names I’ve been looking at:
SRT Marine Systems — maritime surveillance, vessel tracking, fisheries monitoring and government contracts. Looks like an interesting long-term infrastructure/security play.
RC Fornax — defence/engineering consultancy with exposure to the UK defence sector. Seems like it could benefit from increased defence spending, although liquidity and scale are obvious things to watch.
I’m not looking to completely exit Filtronic, but I am considering whether trimming it now and spreading some of the gains into other high-growth UK small caps would be a sensible move.
Has anyone here looked into SRT Marine Systems or RC Fornax in detail?
Also, are there any other UK small-cap or AIM-listed companies people think are worth researching at the moment, particularly in defence, aerospace, maritime, infrastructure, cyber, or other sectors with strong long-term tailwinds?
Not looking for financial advice — just interested in hearing views, risks I might be missing, and any names worth adding to my research list.