Solid State Share Discussion Threads

[jamessmith23] 22/3/2021 09:00

New holding for the director, always a good sign and £36k isn't an insignificant amount.

[tizo100] 04/3/2021 13:15

Take a look at K3C another company that has done extremely well and continues to deliver

[boadicea] 03/3/2021 12:30

This company is a little gem.
I 'discovered' it in late 2019, not long before covid and was a bit worried how it would fare. It has not disappointed and I have added since. Otherwise, most of my recent investments have been in digital, software or medical situations which generally did well through 2020 and I have avoided hardware companies with a couple of exceptions (e.g. having a medical connection.)
Market rotation since the new year has been towards potential recovery stocks, many of which I suspect won't, and it's difficult to choose the winners. However, those that have survived virtually unscathed or have retained strong reserves should do well in picking up distressed bargains. SOLI is well to the top of this list and is helping to offset a slight sag in the software-heavy part of my portfolio.

[this_is_me] 03/3/2021 07:50

Another excellent acquisition, increasing the range of products and giving an excellent foothold in the Usa market.

[this_is_me] 01/3/2021 07:24

That seems to be an excellent acquisition; a highly profitable synergistic business.

[tizo100] 22/2/2021 13:47

Won't be this price for much longer whoosh

[this_is_me] 22/2/2021 07:27

Our company continues to make progress despite the virus and Brexit uncertainties.

[tizo100] 15/2/2021 20:55

Only bought in end of last week looks a decent growth share with very few shares around

[boadicea] 15/2/2021 13:14

The recent performance of SOLI is quite impressive.

I have mainly concentrated new investment in software and web stocks in the past year with a few exceptions in the technical hardware and sytems sectors of which SOLI is the best example. It has had a good record since mid-2018, is on a reasoble rating and its future prospects appear well underpinned by recent contract awards with hopefully more to follow given the government's recent tilt towards support for home industries.

SOLI is not alone. I have also been ecouraged by the recent performance of Flowtech (FLO), sensibly reorganising and on a reasonable rating. Similarly, SRT-Marine (SRT) seems to be recording progress in its Philippines contract and offers the promise (but historically too often disappointed) of multiple large contracts "any day" now.

Add in recovery prospects in CAR (precision plastic parts for the medical market), PEN, and cash-rich ZYT. I also have small punts in TON and NEXS, waiting to see how they develop over the coming year.

[tizo100] 11/2/2021 16:03

Could only buy £1000 at a time otherwise it would have being a negotiated trade what's NMS for buying these please

[toptomcat] 10/2/2021 16:14

Naked Trader tip this afternoon

[jamessmith23] 05/1/2021 08:28

I think it's more about the industry as opposed to the amount of the individual contract, I'm guessing transport is going to be a growing area of focus for Soli

[this_is_me] 05/1/2021 08:23

An encouraging contract win but hardly a game changing one.

[boadicea] 30/12/2020 15:16

I note that we have recently made a 5 year high. Quite an achievement for a year like 2020.

[jamessmith23] 29/12/2020 18:10

Looking more and more likely of reaching all time highs, already generating significantly more revenues and profit then it was in 2015 and so if they can continue with this positive momentum and follow through to the bottom line, could be looking at 4 figures in not too long!

[this_is_me] 24/12/2020 11:54

Share price now on a 5 year high.

[jimbo123elf] 09/12/2020 16:42

Working with Nvidia on self driving projects! Boom, enough said. Very under the radar company.

[boadicea] 08/12/2020 09:24

The ability to maintain results in current circumstances is highly creditable and provides a strong base from which to advance as conditions improve.
I was contemplating to add on any post-results dip in the share price but it doesn't look as if we'll get one - certainly not deserved.

[jimbo123elf] 08/12/2020 08:33

Investor Meet Company meeting tomorrow at 4pm.

[jamessmith23] 08/12/2020 07:39

Very pleasing to see the dividend being maintained as well. Revenue similar, profits similar, if it can continue to perform in line with previous years while a pandemic is ongoing, then should do very well as soon as the economy looks brighter.

[ssahoy18] 08/12/2020 07:22

great results with all the disruption in the first half,, good job to the company

[boadicea] 23/10/2020 14:21

MM's quoting fictitious high offer in order to make buys look like sells. Anything over 580p today is a buy. Not sure what the psychology of this is meant to achieve.

[energeticbacker] 21/10/2020 10:22

Solid State: solid numbers.

Investor's Champion comments that the shares have had a good run over recent weeks but fell back on the news to 590p, equivalent to 12.7x reported adjusted earnings for March 2020. Current year forecasts remain under review.

[boadicea] 20/10/2020 10:50

This is one of three of my holdings that reported updates today. The others were DOTD and NCC. One of them, DOTD, was brilliant. I would class NCC as being good and SOLI very good in the current circumstances.

The position of SOLI in my portfolio has slipped from a target ~2% to about 1.7% at today's 580p, due to relative outperformance of other holdings rather than a poor share price performance by SOLI. (I was fortunate in having a bias towards pharmaceuticals and internet/digital stocks which have done well.)

A general result of this is that the portfolio is becoming unbalanced and some rebalancing by adding selectively to recovery or resilient stocks in the lagging sectors would seem to be sensible.

SOLI is a firm candidate for this process, particularly if we see a further pullback into the mid 500's. Two others that I am looking at are FLO and SRT. I want to see more evidence of the resilience of FLO, while the ability of SRT to navigate the glue-pot of arcane foreign government contracting procedures remains a severe restraining factor on progress of its brilliant technological offerings in the marine domain awareness field.

However, I digress from my main point that SOLI is showing very creditable resilience making it a prime candidate for a top up.