Solid State Share Discussion Threads

[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 15:21

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 11:22

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 11:50

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.

[this_is_me] 20/10/2020 07:15

Getting through the last 6 months with the same results as the same period last year is a lot better than most companies.

[jamessmith23] 05/10/2020 08:19

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.

[mach100] 21/8/2020 22:08

Well Boadicea it has come off the boil a little so your insight was timely.I am not going to trade SOLIas i think it could be worth 700p. It operates in a niche area and has weathered Cov 19 well. Probably in a lull currently and will soon be back with upward momentum.

[boadicea] 19/8/2020 20:28

There are many companies that, at the moment, seem uninvestable until proper control of covid19 is apparent and therefore there is plenty of cash available for those companies which show continuing ability to perform reliably. SOLI is one of the latter.
It is not overtly expensive - i.e. realistcally valued but not cheap. The cash conversion is notably good (but be careful - sometimes this denotes a falling order book, reducing input material costs, work-in-progress etc).

Overall, it does not surprise me that the share price is firm and has responded positively to a good update. However I see limited potential for a strong and sustained further advance on what we know at present.

Therefore I would be suspicious that a continuing advance similar to what we have seen in the last few days may mean someone could know (or think they know) rather more than is in the public domain.

[brad_k] 18/8/2020 11:11

Anyone know what's driving the price rise this morning?
Volume isn't great but the price has been lifted steadily. NT on the buy side for even 100 shares, so maybe I have answered my own question, no stock available?

[boadicea] 11/8/2020 07:46

Very reassuring update -

[jimsyone] 03/7/2020 20:59

Solid State (LON:SOLI) – great results and hopefully more to come

[johndoe23] 01/7/2020 16:08

Tried buying between 520-530p for a good hour earlier, no luck. Now 553p to buy, frustrating!!