Read the latest interims.......just make sure that you are sitting down.

Dil if you have nothing good to say dont bother saying anything gay boy.

the good side of this is that the market likes the news and at the moment it is only a request to double the share capital. If they go ahead with a main market listing and a listing on Nasdaq as has been considered by the board for some time in the future--there are at the moment very few shares in free float to satisfy the US demand so they will probably have to double the no. of shares. An announcement on these lines plus news of further expansion would rocket this one up!! IMO
If they did a scrip issue-I'd be delighted.

M+ .... the way i read it, and at the mo i have no position here, is that the market is very undecided quite what to make of SOLA .... while sp has broken back up through 560/565 barrier, it may well find times rather trying next week on the back of Wall Street's volatility

GF, you've been talking this down for months and it still defies your doom and gloom.
The time and effort you have put in on lambasting this Company is unbelievable.
I am sure your intention is to help we suckers from losing our hard earned dosh, but why not just leave us to our fate ?. We have obviously decided that we are willing to take the risk.
Thanks for your efforts, but you are becoming something of a bore on this subject.

Hes all heart isnt he kitosdad.

Dill 200p is probably the right price for these.

Just consider this .

If the resolution to increase the shares in the company by double is passed at the AGM EPS will fall by 50% placing the stock which is on a rolling P/E of 50 plus now to well over a P/E of 100 plus. That cannot be justified and maintained.

Surely you remember the dot com crash.

Yep and probably like you couldn't understand the ludicrous valuations but as CAT told me at the time .... if its going up buy it.

That advice made me good money , your shares are worth what the next man will pay in the short term ... long term who cares.

Dil .... your view has great validity .... more crudely put, "Don't try to piss against the wind" ...... however, for the moment at least, SOLA has stalled and is doing nothing in either direction ...... though my inclination is to say it will fall, nothing is happening in that direction either, even on a generally weak day.

Dil, CAT lost a fortune during the dot com boom backing momentum plays , ask him. (ive got it in writing)

I made a fortune, because I got shot when the underlying valuations started to get silly.

When you buy a car you should always look under the bonnet.

Cynic as for 'pissing against the wind' its always stood me in good stead as a contrarian investor, although I do admit trading short term can pay off even though the returns are not as high as long term investments.

GF, do you REALLY have to wait for EVIL to hold your hand before shorting SOLA.?

Talk about His Masters Voice, you 'gotta laugh.!!!!!

goldy, if you like historic PERs of 72 have a look at Tanfield. They have one of around 165! Lols. Shorters gradually getting strangled. It's a slow death. Gotta put my fingeres in my ears cos of the gurgling! Even cynical ball-stamper has wobbled over his pussyfooting stance.He'd love to short but hasn't got the balls he's threatened to stamp on! Wotlarfs. This thread is the tabloid one.

Alleyne .... cut the gob! .... you cannot compare TAN with SOLA ..... the former has plenty of track record + new orders etc etc whereas SOLA is very much the new boy on the block with all to prove ..... just as importantly, the stock (share price!) is still very much under the control of the Chinese, whom I am sorry to say are less than trustworthy ....... I short or even buy shares when I feel the odds of their movement in the required direction is significantly better than even ...... TAN I hold, whereas SOLA could go anywhere, though my gut feeling is still lower.

588p is the shorting point.

10% dilution then kicks in.

And if the AGM goes to plan a 100% dilution of stock could be on the cards.

Interesting to note one of the Brokers I think it was Atrium , have put forward forecasts for margins to reduce significantly today.

Advfn puffers I note getting a little worried on my forecasts this evening on that board.

I hear Evil k is going to get to grips with this one on another site.

He he ha ha.

GF ..... my guess is that you are right, but sp will struggle to get up that 588 level as holders are likely to take their profits early - i.e. any time between now and 585 - and the potential shorters will also be queuing up ...... for sure i would not be a buyer at the current level; that looks a mug punt

I think your spot on cynic with your analysis.

I suppose the one thing that could help the price is institutions who are not yet in buying stock but then again they surely know a 10% dilution of the stock is on the cards.

Will be interesting to see what happens but I think they will tread water for the rest of the summer.

GF ... if Evil is already short on Sola, then why aren't you.? STILL sitting on the fence.? LOL.

well Mr Kitso, are you then a BUYER at these levels? ...... or are you sitting on the fence?

LOL, nice one cynic.

seemed to be a fair Q to me!

Cyn, I have enough SOLA to see me well into a comfortable retirement. Even if I sold out at the mythical 588p I would be thousands into pocket.
I don't intend to to though, and await the outcome of GF's predictions.
He i( GF ) is waiting to hear Evils thoughts on SOLA, in spite of the fact that he (GF ) has already posted an item from Evil stating HE REMAINS SHORT. Blind or what.? LOL.