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SSP Solid State

527.50
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Solid State LSE:SSP London Ordinary Share GB0008237132 ORD 5P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 527.50 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 527.50 GBX

Solid State (SSP) Latest News

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Date Time Title Posts
29/11/201610:41SOLID STATE SUPPLIES171
18/9/201400:32Solid State Supplies is a 5-bagger for 2006 (60p > 300p)103
01/3/200114:59Solid State Supplies3

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Posted at 26/10/2014 21:22 by glasshalfull
I've created a new thread for Solid State Supplies following recent change in its ticker from SSP to SOLI.



Header created to provide snapshot on financials and forecasts.

Regards,
GHF
Posted at 05/8/2014 08:32 by m.t.glass
Nice ;o)

Remarkable effect on share price. This inking-in was expected, confirming last month's announcement, but now includes the contract value.
Share price has doubled in 6 months.

Shares go XD tomorrow morning, for a dividend of 5.75p
Posted at 05/8/2014 08:28 by glasshalfull
Wow! Excellent contract win announced this morning.

WHI have upgraded PBT & EPS forecasts as follows:-

2015 +4%
2016 +80%

which equates to...£5.15m PBT & 54.5p EPS

Congratulations to the SSP team for delivering this monumental contract win.

Regards
GHF
Posted at 15/7/2014 17:44 by glasshalfull
Funny how the quiet threads often correlate to excellent companies & performance ;-)

Great statement from SSP today and delighted to have bought into the story 6/7 months ago.

WHI consider the "opportunity to be substantial" for Solid State.

"Final contract terms are expected to be agreed by 26 July 2014. It is currently anticipated that Solid's Steatite business will be supplying initial products to the MoJ by the year end. Further quantities are then expected to be supplied, based on a minimum contract award for a three year period. The contract is not expected to have a significant impact in the current financial year as most deliveries are expected to take place in FY16 and FY17.

We have put our forecasts and target price Under Review (with material upside implications) pending a further announcement and clarity regarding the likely quantum of this agreement. We believe the opportunity to be substantial. We expect a material increase in the share price short term and retain a Buy recommendation."

Regards
GHF
Posted at 15/7/2014 16:14 by m.t.glass
And now we see why it moved - evidently the news leaked; contract announced at 1:13pm today:



15 July 2014

Solid State plc

("Solid State" or the "Company")

Contract Award

Solid State plc (AIM: SSP), the AIM listed supplier of specialist industrial/ruggedised computers, electronic components, antennae, microwave systems and battery power solutions to the electronics market, announces that its largest division, Steatite, has been selected by the Ministry of Justice (MoJ) as the supplier of monitoring hardware for GPS offender tagging.

Final contract terms are expected to be agreed by 26 July 2014. It is currently anticipated that Steatite will be supplying initial products to the MoJ by the year end. Further quantities are then expected to be supplied, based on a minimum contract award for a three year period. The contract is not expected to have a significant impact in the current financial year as most deliveries are expected to take place in financial years ending 31 March 2016 and 2017. A further announcement will be made once the contract has been finalised.

The Solid State Group is made up of companies with a longstanding engineering heritage and a reputation for innovation. The Group has a track record of supplying Government departments with secure communication systems.

For further information please contact:

Solid State plc 01527 830 630
Gary Marsh - Chief Executive investor.information@solidstateplc.com

WH Ireland (Nominated Adviser) 0117 945 3470
Mike Coe

Winningtons (Financial PR) 020 3176 4722
Tom Cooper/Paul Vann 0797 122 1972
tom.cooper@winningtons.co.uk

Notes to Editors:

Solid State plc (SSP) is a leading value added group of companies providing specialist design-in and manufacturing services to those acquiring industrial/rugged computing products, battery power solutions, antennas, microwave systems and electronic components for use in harsh environments.

Serving niche markets in oil & gas production, medical, construction, security, military and field maintenance, Solid State acts as both a distributor to OEMs and bespoke manufacturer of specialist units to clients with complex requirements.

Headquartered in Redditch, Solid State employs over 140 staff across four sites. Solid State operates through two main divisions: Solid State Supplies and Steatite.

Solid State was established in 1971 and admitted to AIM in June 1996.

This information is provided by RNS

The company news service from the London Stock Exchange

END
Posted at 13/3/2014 11:58 by metier9
SBRY down 7%, SSP up 7% my portfolio is rather confused today.
Posted at 13/3/2014 09:18 by spookies
Some good price action here. Any ideas anyone?
Posted at 31/7/2013 16:05 by m.t.glass
The rule change allowing this to be bought within an ISA comes in on Monday morning. The 5.25p per share divi is available to anyone buying ahead of the market close on Tuesday.

Obviously it is only of benefit if the share price stays up and subsequently goes up enough to recoup the capital outlay or make a gain (after whatever dip happens on Wednesday, if any).
Posted at 24/7/2013 09:10 by m.t.glass
2 weeks away from XD for a worthwhile 5.25p dividend. That's 2.2% of current share price.

And I presume that this is one of the AIM stocks that will become eligible for inclusion in a sharedealing ISA account from two days before then, when the ISA rules change.
Posted at 18/6/2013 07:46 by electronica
m.t.glass

With Q-Par coming through this year with at least £2m @ 10% net (pre-tax margin) we should see FY14 eps at 25p+.

With past growth, a great acquisitions record & a better balanced prospect SSP ought to be able to command a forward P/E of 12 sometime in 2013. So I'm looking for 300p this year & will patiently wait & collect the 8p dive (approx 3.6% yield) while I wait.
Solid State share price data is direct from the London Stock Exchange

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