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Solid State – half-year trading update; argues “similar” to last year’s record performance, but...

By Steve Moore | Tuesday 20 October 2020


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


“Manufacturer of computing, power and communications products, and value added supplier of electronic components”, Solid State (SOLI) has updated including that it “expects to announce revenues and adjusted profits similar to the comparative period in the 2019/2020 financial year, which was itself a record first half performance for the group” and “currently anticipates an outcome to the 2020/21 financial year similar to the prior year”. The shares have responded to 585p, more than 6% lower…

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