Updates

Solid State

November 2021

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.

Ahead of reporting H1 on 7 December, Solid State has said it expects to report sales of £39.0m and adjusted pretax profit of c.£3.25m, 18% and 27% ahead, respectively, reflecting both positive underlying trading and first time contributions from the Willow and Active Silicon acquisitions. Order book as at the end of September stood at a record level of £61.5m, up 48% since the beginning of the financial year, which in part reflects customers placing longer order schedules. Net cash as at 30 September stood at £3.3m. WH Ireland forecasts eps of 54.7p for the full year and 59.5p next. First covered at 477p in August ‘17, strong hold for more. ...

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Solid State (May 2022)

Solid State (January 2022)

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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