Solid State Share Discussion Threads

[dozey3] 13/7/2022 07:14

Might be dim, but I can’t see what the open offer to shareholders is. That is x new shares for every y shares held. Very irritating, can anyone enlighten me as to what x and y are please?

[hew] 12/7/2022 20:40

US battery systems acq announced after market closed today. Funding by Placing and Open Offer. Looks good development of the company to me.

[skyracer] 21/6/2022 08:47

One Person Operation CCTV

The rail strike will increase the drive for automated operations. We might expect further contracts.

[johnwise] 17/5/2022 07:05

17/05/2022 7:01am

Solid State PLC Solid State Awarded Power Design Appointment

[powen1979] 09/5/2022 20:57

A Nice contract win. Solid State buzzing on innovative pollination challengeSolid State plc (AIM: SOLI), the specialist value added component supplier and design-in manufacturer of computing, power, and communications products, announces a contract won by its Components division for the supply of hardware to be used in Bee Hive monitoring to a US based client to improve bee health and crop pollination with a project value of approximately GBP2.4m....

[adorling] 21/4/2022 06:57

Strong trading update beating already upgraded forecasts! Nice.

Following an exceptionally strong finish to the Period, the Company expects to announce record results with revenues for FY22 of approximately GBP85m (2021: GBP66.3m) up 28% over the prior year, and adjusted profit before tax for the Period of approximately GBP7.2m (2021: GBP5.4m) up 33%; both ahead of recently upgraded consensus expectations(1) . The like for like open orderbook at 31 March 2022 is up 106% over the prior year at a record GBP85.5m (31 March 2021: GBP41.5m).

[johnwise] 21/4/2022 06:38

21/04/2022 7:00am

RNS Number : 8142I

Solid State PLC Trading Update (SOLI)

[km18] 11/3/2022 12:38

...from last year...

Solid State Plc is a manufacturer and distributor of electronic equipment, components and materials. The company is a value-added electronics group supplying commercial, industrial and military markets with durable components, assemblies and manufactured units for use in specialist and harsh environments. The company has particular expertise in industrial and ruggedised computing, displays, battery power solutions, communications including antennas and secure radio systems, electrical and electronic components. Market cap is around £85m, PE ratio 18.3.

Today’s final annual results indicate that Solid State remains in a pretty “solid state” . Group revenues were marginally lower in FY21 at £66.3m (FY 20 £67.4m), but still pretty decent performance given the headwinds from Covid. This resilience reflected diversified market exposure....

...from WealthOracleAM

[tightfist] 18/2/2022 09:11

Fairly new to SOLI, surprised there has been more chatter here after the positive Update 8 days ago. Rumoured that SOLI a recommendation from AIM Investor a few days ago?

[albert arthur] 03/2/2022 08:06

Cracking Rns there.

[hawaly] 21/1/2022 13:21

CCC trading update Monday.

[boadicea] 21/1/2022 12:36

Today's drop in a very nervous market is probably due more to its recent strength giving rise to protective profit taking than any fundamental weakness. Its rating seems quite sensible to me and I hold other shares on much higher ratings (e.g. CER) about which I am more nervous and have therefore recently top-sliced them. However I intend to retain my modest holding of SOLI.

There will possibly be some good bargains thrown up in a strong and indiscriminate shakeout so it's worthwhile having some spare cash on hand. In particular CCC and CNIC (starting near the beginning of the alphabet!) have so far caught my eye.

[this_is_me] 29/12/2021 13:46

Up more than a third from the recent low.

[mtioc] 17/12/2021 17:00

2022 tip by Mike Tubbs in Moneyweek.

[boadicea] 17/12/2021 16:14

Impressive bounce back from post-results profit-taking.

[investing2retire] 08/12/2021 14:23

stop loss took me out of a long term position for 30% profit so not too shabby

[boadicea] 07/12/2021 11:41

Looks to be all on target with no new surprises. Potential investors will typically stand back and let the usual post-results sell-off run its course. Without news a further surge seems unlikely and the supply line fog needs to clear to boost confidence. This is more easily managed for companies with a good cash position that can afford to commit to higher stock holdings.

[this_is_me] 07/12/2021 08:50

-- Increased the fair value of the earn out deferred contingent consideration by GBP0.3m due to Active Silicon and Willow Technologies outperforming management expectations.

That is good news.

[tole] 18/11/2021 20:07

https://masterinvestor.co.uk/equities/solid-state-solid-order-books-solid-growth-and-solid-upside-potential/

[0rb1t] 08/11/2021 12:32

Maybe the management think the current share price as cheap ;)

[boadicea] 08/11/2021 07:56

Purchase of its own shares.
It may seem odd that they would purchase at this price which currently needs no extra support but they are required for employee benefits as an alternative to issuing more stock.

[blondviking] 02/11/2021 13:38

Nice to see a little buying this pm. Is there any reason?

[this_is_me] 21/10/2021 06:25

Everything is going really well, orders becoming more long term reduces short term risk and makes planning easier.

[boadicea] 04/10/2021 15:29

SOLI is doing remarkably well for a company in the technical hardware sector. Valued at over 1.5x annual revenue. Few others are rated much above unity and many are well below.
Clearly it has specialised in the right products, leveraging its expertise and maintaining healthy margins.

[0rb1t] 26/9/2021 08:12

Writeup by Richard Beddard on ii: https://www.ii.co.uk/analysis-commentary/richard-beddard-aim-firm-has-buzz-about-it-ii521492