SLM Solutions Group...Can't help but notice ... I have watched SLM solutions for a something like two years. As with Arcam, I have been waiting for "The Big Announcement." Well a pretty big if not dramatic announcement came in. An order for 50 machines for SLM machines. It is SLM's biggest order ever by a pretty good margin. And, something like 3X-5X the biggest order ever announced by Arcam.
That said, the stock so far has not moved that much...certainly not as much as I think a reasonable person might have expected. As of this moment the stock is only up about 5% since the announcement(in fact it is down today). And it is still down from its historical high.
If 50 machines does not substantially move the needle for a 3D printer manufacturer .. then what will it take. Too early to tell for sure, but it appears that in the case of SLM ..the market has already baked into the stock price significant sales increases.
My point.... I am long on Arcam and I don't try to time the market. That said, SLM makes me think that it might take more to move Arcam's stock price higher .. more than I previously thought. The market's initial reaction to SLM has dampened my expectations for Arcam stock doing great things in the near.
