Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Back in for more today though the price is starting to run away. The market in general is flying as we head to year end so a quality company like SOLI is bound to join the party. I definitely think a market correction will come but when?? In the case of a general sell-off and a collapse in SP's then SOLI is high on my list for buying into.
Slightly gutted because I only spotted this a month ago and wanted to build a position. Superb update and nice hike in the divi. Will continue to add to my pre-results purchase now as I think SOLI has legs. Debt free and acquisition minded with a good warchest, the potential flies in the ointment are a wrong bolt-on or too much expansion too soon. Very pleased holder.
What a great update, strong metrics and a break out above 500p.
Zero debt, net cash.
The Solid State presentation from our recent London company seminar can be found in our members area here: https://sharesoc.ning.com/xn/detail/6389471:Comment:54544
To access the presentation, you'll need to be a full member of ShareSoc, which is a not-for-profit organisation that supports individual shareholders and campaigns for shareholder rights. If you're not already a member you can join here: hTTps://www.sharesoc.org/membership/
Once you've joined, you'll receive an invitation to register for our "members network" private social network, from where you'll be able to access the presentation (and presentations on 100s of other meetings). If you're already a member and have any difficulty accessing the report, please do not hesitate to contact us here: hTTps://www.sharesoc.org/contact-us/
Good and "solid" update.
We have a growth company seminar on the 9th October in London with Solid State lined up to present. This may be of interest to potential investors or current shareholders. More details and registration can be found here: https://www.sharesoc.org/events/sharesoc-growth-company-seminar-in-london-9-october-2019/
We have a growth company seminar on the 9th October in London with Solid State lined up to present. This may be of interest to potential investors or current shareholders. More details and registration can be found here: https://www.sharesoc.org/events/sharesoc-growth-company-seminar-in-london-9-october-2019/
I agree that is an extremely bullish update so maybe some good share price action over the next few months.
Good positive RNS that the market seems to like - just shows that there was no reason for the SP decline, other than perhaps the lack of news flow.
any idea why the decline?
Uncommon
Would you like to revisit your statement of 17 Oct 18 - 'can't see this hitting 400p anytime soon though sadly'.
To be fair, nor can I now, but from the other direction. Just goes to show that 6 months is a long-time in investing!
Hope they can keep up the good work...
Nice... did say ;)
"On an annualised basis the acquired business is expected to add circa £15.0m revenues and £0.5m operating profit to the Value Added Distribution division."
So they exceeded this? If so then great news!
Just came across this hidden gem... anyone know what expectations were??
The Directors expect that the Company's trading results for the year ending 31 March 2019 will now comfortably exceed current market consensus guidance. Revenues are expected to be above current guidance and adjusted profits significantly ahead
Another solid move by Solid State. This will really help with internal group supply for bespoke computing products, and give them further scope to increase the component supply business.
As long as they keep the dividends coming that's all I care about, can't see this hitting 400p anytime soon though sadly.
Is good !!! Hopefully see a nice concerted rise here.
Something happening here?
Good to see this one ticking up.
British AIM investors are a funny old bunch... They queue up to pour money down empty holes of tiny oil, gas and mineral miners, ~95% of whom never hit the jackpot... But profitable companies, with tangible, high-tech products, like SOLI, get almost completely overlooked and ignored... If this were an American company on an American stockmarket, its valuation would probably be way up in the £5-15 range. They are doing some good stuff in trendy sectors like comms and power storage.
A bit wishy washy in places, but nice to see the dividend remaining.
Hopefully they will win some some bigger comms/bespoke computer projects/contracts to increase the margin, although the battery deals with the "unnamed" smart warehouse could be pretty significant once they roll it out in to the USA.
i am pleased with today results
I think you were right, large deal announced today. Should see good upside based on the information in the RNS.
Everyday at close there is a buy order that comes in a knocks up the sp. someone knows something. I think this share is only going one way.
Agreed, not betting my shirt on it but worth buying at these prices imo.