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SOLI Solid State Plc

130.00
0.00 (0.00%)
11 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Solid State Plc LSE:SOLI London Ordinary Share GB0008237132 ORD 5P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 130.00 120,389 08:40:37
Bid Price Offer Price High Price Low Price Open Price
125.00 135.00 132.50 130.00 132.50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Electronic Parts,eq-whsl,nec 163.3M 8.87M 0.1561 8.33 73.9M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:02:07 O 10,300 130.00 GBX

Solid State (SOLI) Latest News (1)

Solid State (SOLI) Discussions and Chat

Solid State Forums and Chat

Date Time Title Posts
21/11/202410:58Solid State Supplies - MoJ contract worth Ј34m over 3 years618

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Solid State (SOLI) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-12-11 16:02:09130.0010,30013,390.00O
2024-12-11 16:00:29130.001,1501,495.00O
2024-12-11 15:59:17134.852331.02O
2024-12-11 15:40:13127.78263336.05O
2024-12-11 15:06:32130.101,6502,146.65O

Solid State (SOLI) Top Chat Posts

Top Posts
Posted at 11/12/2024 08:20 by Solid State Daily Update
Solid State Plc is listed in the Electronic Parts,eq-whsl,nec sector of the London Stock Exchange with ticker SOLI. The last closing price for Solid State was 130p.
Solid State currently has 56,847,240 shares in issue. The market capitalisation of Solid State is £73,901,412.
Solid State has a price to earnings ratio (PE ratio) of 8.33.
This morning SOLI shares opened at 132.50p
Posted at 21/11/2024 10:58 by varies
The opening pages of this thread recount the Ministry of Justice episode in 2014/16 when SOLI obtained a contract expected to produce sales of £34 million over 3 years. This was cancelled by the MoJ with some compensation eventually provided.
Might the programme now paused with such a drastic effect on SOLI's share price contain contractual obligations giving SOLI and other participants rights to compensation ?
Posted at 16/11/2024 17:00 by varies
This is indeed a horrid shock bringing the share price to less than half
its equivalent before the recent scrip issue.
I don't see the abrupt change of guidance as " unforgivable or bordering on criminal". Surely it accords with the stock exchange rule that a material change of prospects should be reported promptly.
Profits in the year to 31 March 2024 included an exceptionally high contribution from Defence & Security but even in that year the D&S proportion of sales was only 24% according to the July 2024 presentation.
The effect of the pause now announced is significant but is it huge ?
Solid State has recovered from serious setbacks in the past and the forecasts provided by the directors have usually proved conservative.
Like every other shareholder I am smarting from this blow but, unlike some, I see the fall in our share price as overdone.
Posted at 15/11/2024 08:27 by multibagger
Market reaction worse than expected and I worry that it would be a matter of time before BoD options, if any, are re-priced and down sized to reflect the new financial reality. Defence contracts take forever at the best of times and tech keeps changing and upgrading...so SOLI R&D will have to keep up/ahead to stay relevant.
A long harsh winter and beyond for all holders.
Posted at 01/11/2024 16:18 by boadicea
My eye was caught by the following partagraph in today's announcement -
"For the twelve month period to 30 September 2024, Q-Par generated total revenues of $2.0m, albeit, when adjusted for intercompany (Solid State) sales, third party revenues were $0.4m and profit before tax was $0.2m."

My interpretation is that Q-Par's main business was as a reseller of SOLI products (Steatite being owned by SOLI.) The acquisition is therefore a tidying up operation which gives SOLI hands-on control of a useful part of its US sales and improved margins thereon but does relatively little to its combined revenue due to the elimination of double counting.

However, I like the look of a company which has a firm grasp on where it is going.
Posted at 03/10/2024 08:45 by ymaheru
Ti me it’s 5-1, as “four new shares for every existing share held.” So, the original plus 4 more.
Posted at 02/10/2024 11:53 by fuji99
Was there any share split ?
Posted at 15/8/2024 08:22 by gnome3
nfr1,
Thanks for the clarification. Maybe I should have done a little research before sounding off with my rather cynical post! As you say, the bonus share method would seem to be the more cost-effective option and also, involves an increase in the share capital, which is no bad thing for existing holders.
Posted at 24/7/2024 19:11 by brad_k
Is this sudden drop in the share price just a reaction to the IC article covering the significant sales by two directors "in response to institutional demand". Oh and also the broker forecasts currently expecting a 30% drop in the eps for next year.
I thought that information had been known for a few days now, so is there something else?
Posted at 27/3/2024 08:16 by rivaldo
I decided to sell and take profits first thing after the "ahead of expectations" update this morning. Counter-intuitive really!

But the outlook going forward is pretty subdued - Cavendish's new forecast for the coming year to March '25 has been reduced to 65.7p EPS, leaving SOLI on for me too high a P/E going forward in difficult markets.

SOLI are a quality company and may well prove that forecast conservative, but better to be safe than sorry for the moment if SOLI's share price drops back to say 1000p-1100p.
Posted at 12/2/2024 13:42 by boadicea
Jolomo - I'm expecting rather more from SOLI than DSCV is currently reporting and it looks significantly cheaper. SOLI has performed comparatively well in the recent past and the periodic dips in the share price may be associated with some profit taking or position trimming in a thin market rather than views of its prospects. Anyway, it's bouncing nicely so far today and has encouraged me into a modest top-up.
Solid State share price data is direct from the London Stock Exchange

Solid State Frequently Asked Questions (FAQ)

What is the current Solid State share price?
The current share price of Solid State is 130p.
How many Solid State shares are in issue?
Solid State has 56,847,240 shares in issue.
What is the market cap of Solid State?
The market capitalisation of Solid State is GBP 73.90 M.
What is the 1 year trading range for Solid State share price?
Solid State has traded in the range of 105.00p to 306.00p during the past year.
What is the PE ratio of Solid State?
The price to earnings ratio of Solid State is 8.33.
What is the cash to sales ratio of Solid State?
The cash to sales ratio of Solid State is 0.45.
What is the reporting currency for Solid State?
Solid State reports financial results in GBP.
What is the latest annual turnover for Solid State?
The latest annual turnover of Solid State is GBP 163.3M.
What is the latest annual profit for Solid State?
The latest annual profit of Solid State is GBP 8.87M.
What is the registered address of Solid State?
The registered address for Solid State is 2 RAVENSBANK BUSINESS PARK, HEDERA ROAD, REDDITCH, B98 9EY.
What is the Solid State website address?
The website address for Solid State is www.solidstateplc.com.
Which industry sector does Solid State operate in?
Solid State operates in the BUSINESS CONSULTING sector.

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