Updates

Solid State

January 2022

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

The acquisitions of Willow and Active Silicon at the end of last year have provided a much needed shot in the arm. Results for H1 saw sales up 20% to £39.4m (8% organic). Adjusted pretax profit and eps were both up 28% at £3.27m and 32.7p, respectively. The order book stood at £61.5m.Helped by the Active Silicon acquisition and the fact that SOLI had judiciously increased its inventory holdings last year, the Systems Division (formerly Manufacturing) delivered sales growth of 13% to £15.2m. The Power business unit saw lower revenues versus a record first half in the prior year. However, the Computing Systems and Communications units more than made up the shortfall.The Components Division (previously VAS) also grew sales 24% t ...

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Solid State (November 2023)

Solid State - Strong growth markets in battery and power technology (June 2023)

Solid State - Two large NATO contract wins (December 2022)

Solid State (May 2022)

Solid State (November 2021)

Solid State - Set fair to hit 60p eps next year (August 2021)

Solid State (August 2020)

Solid State (January 2020)

Solid State (October 2019)

Solid State (June 2019)

Solid State - Eps forecasts upgraded by 26% (3rd upgrade since October) (March 2019)

Solid State (December 2018)

Solid State (August 2018)

Solid State (May 2018)

Solid State - Stronger H2 in sight; orders +38% yoy (January 2018)

Solid State - Strategy to double in size in 5 years (August 2017)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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