Solid State Investors - SOLI

Solid State Investors - SOLI

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Stock Name Stock Symbol Market Stock Type
Solid State Plc SOLI London Ordinary Share
  Price Change Price Change % Stock Price Last Trade
60.00 5.94% 1,070.00 11:36:24
Open Price Low Price High Price Close Price Previous Close
1,010.00 1,010.00 1,072.50 1,010.00
more quote information »
Industry Sector

Top Investor Posts

jamessmith23: Positive wording in the statement, not sure if investors are going to expect more based on the share price having doubled from last year and at pretty much all time highs.As a long term hold it looks good although price has got a little ahead of itself given a PE of c22.5 is high for a company producing these sorts of components when growth is at a decent but modest 10-15%. My concern is with supply dynamics at the moment and potential for a large fall if there is any bad news as was seen a few years ago.Sold my position but will certainly be monitoring it in future for either an ahead trading update or an attractive reentry point. Good luck to current holders, is a solid little company.
jimbo123elf: Investor Meet Company meeting tomorrow at 4pm.
jamessmith23: Positive news on the additional contract, also always good to see the company keeping investors in the know. Very happy continuing to hold this one with the expectation of consistent, decent levels of growth.
edpick: Always gives me comfort to see flaky, uninformed twitter investors announce sells due to general market nervousness. Recent falls nothing to worry about imo
sharesoc: We have a growth company seminar on the 9th October in London with Solid State lined up to present. This may be of interest to potential investors or current shareholders. More details and registration can be found here: hTTps://
cockerhoop: By the excellent Richard Beddard in Money Week - 5 IHT avoiding stocks 5. Solid State (SOLI) Market cap: £25m Debt-adjusted p/e: 9 Electronics manufacturer and distributor Solid State has put its shareholders through the emotional wringer. Two years ago the company announced that it was part of a consortium that had been awarded (by its standards) a massive contract with the Ministry of Justice (MoJ) to develop electronic tags for convicted law-breakers. The dream began to turn into a nightmare late last year, as the contract was first delayed, and then terminated when the MoJ decided to use an off-the-peg solution instead. However, while long-term shareholders would have experienced exuberance as the share price took off, and dismay as it later crashed, for any investors considering buying shares now, it’s as though the nightmare never happened. Solid State received a one-off payment to settle the contract, which it immediately spent on Creasefield, a manufacturer of battery packs. Although Creasefield made a small loss in the year to March 2016, Solid State expects it to return to profit this year, helped by co-operation in design, engineering and sales with its existing successful battery business. The battery business is part of Steatite, the manufacturing arm of Solid State. The company also distributes electronic components through Solid State Supplies. Both businesses are in good shape due to decisions taken well over a decade ago. While many manufacturers of electronic equipment chose to relocate their operations in China and other low-cost economies in the 2000s, Solid State chose to specialise instead, focusing on high-value rugged computers, batteries, radios and components especially designed for use in the field. Because of exacting specifications, and the regulations required to handle dangerous materials and sensitive information, it’s preferable and sometimes necessary to manufacture this equipment in the UK. As far as tagging goes, Solid State retains the intellectual property it developed and it is working out what to do with it. But even if the company never makes a profit from tagging, business as usual is no bad thing.
cockerhoop: Investors Champion have modified the article, it's not the house broker but Cantor Fitzgerald. My only real point is that from the forecasts it doesn't suggest the MoJ contract is a short term timing issue as there's been a consistent average 38% reduction across the next 3 years.
glasshalfull: Update from an investor that spoke with management & attended a SOLI presentation 10-days ago. Http:// I concur with the sentiment & observations of this post, it appears to be a rehash of old news. The management team have delivered in spades during recent years & I believe worthy of our backing. Regards, GHF
glasshalfull: Orderly sale by retired Ex-Directors that was above initial estimates such was the demand from institutional investors. I've now updated the header to reflect WH Ireland's forecasts on the back of 2015 results. --- In July 2015 they announced record results with diluted EPS of 33.9p which exceeded the upgraded forecasts of 29.7p by 14%. The company has now delivered earnings growth over the last 5-years and we are witnessing a material uplift to the dividend as indicated below. Solid States Earnings Record (EPS listed below on a fully diluted basis) •​31/03/10 - 6.6p - £530k PBT (Dividend 3.0p) •​31/03/11 - 15.0p (+127%) - £1.243m PBT (Dividend 6.0p) •​31/03/12 - 19.2p (+28%) - £1.60m PBT (Dividend 7.25p) •​31/03/13 - 21.1p (+10%) - £1.87m PBT (Dividend 8p) •​31/03/14 - 25.2p (+19%) - £2.15m PBT (Dividend 8.5p) •​31/03/15 - 33.9p (+34%) - £3m PBT (Dividend 12p) Forecasts (WH Ireland - 07/07/2015) •​31/03/16 - 56p (+65%) - £5.3m PBT (Div 20p) •​31/03/17 - 60.9p (+9%) - £5.77m PBT (Dividend 22p) Regards, GHF
cfro: Im in as of today. Was looking at the Trading update this morning and just assumed with the ticker - SOLI and the (according to ADVFN) short share price track record, that it was a new issue. Yet i did have SSP on my watchlist with a view to buy in and hadn't realised that it had changed ticker. Stoopid me! :-) It was actually another investor - Saucepan - who pointed out what was what. So a thankyou to him. Anyway, a forward pe of around 12 looks good value against earnings that will most likely be upgraded further in time. Plus every chance of further contract wins too makes upgrades more likely still.
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