Updates

Solid State

May 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.

This is another one within the electronics space to say the final two months of the year ended 31 March were very strong and now it will beat even the recently upgraded forecasts: it expects to report sales +28% (+8% organic) to c.£85m, adjusted pretax profit +c.33% to c.£7.2m and eps of 71.6p, up from 54.7p. The order book stands at a record £85.5m. There were notably strong contributions ahead of management’s expectations from Electro-Mechanical and Imaging Systems resulting from the acquisitions of Willow and Active Silicon. Demand was particularly strong in the Energy and Aerospace & Defence sectors. For the current year, Finncap upgrades to £7.6m pretax profit and eps of 72.5p. Keep on buy list. ...

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Bloomsbury Publishing - Yet another 10% upgrade

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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 (January 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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