Recent share tip electronics group Solid State (SOLI) “is pleased to announce a trading update for the six months ended 30 September 2019”…
Company upon company is reporting they’re suffering amidst “heightened macroeconomic and political uncertainties of recent months” – or words to that effect. The quote there was from a trading update last month from Solid State plc (SOLI)… but the update also included that, notwithstanding… “trading in the first four months of the year has been very strong… is confident that profits for the year ending 31 March 2020 will be significantly ahead of expectations… consider there may be opportunities to generate further incremental sales later in the year”…
A Trading Statement from manufacturer and distributor of electronics for use in harsh environments, Solid State (SOLI) commences that “the board is pleased to announce that the group profit before tax for the financial year 2017/18 will be in line with market consensus forecast at approximately £3 million. Year on year group revenue is expected to be slightly ahead of expectations at in excess of £45.5 million, close to 15% growth”. Sounds ok – and the shares have responded… er, currently around 25% lower to sub 300p?!?...
Specialist electronic equipment manufacturer and components distributor Solid State (SOLI) has made a “Trading Update” announcement – and the following reviews with the shares currently more than 10% lower, at around 450p, in response…
Two months after a Ministry of Justice contract termination trashed its shares (see HERE), Solid State (SOLI) “is pleased to announce that trading results in respect of the year ended 31 March 2016 at the group's core businesses are expected to be in line with market expectations”. Hmmm...
Shares in provider of design-in and manufacturing services to those acquiring industrial technologies, Solid State plc (SOLI) are currently circa 33% lower, at around 350p, on the back of an announcement that the company has been informed of a Ministry of Justice decision to terminate its contract for electronic monitoring hardware. Is the share price response too harsh a sentence or not? …
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