SLM Solutions
Im hoping some of you are watching SLM Solutions and care to weigh in on it.
What do you make of the collapse of SLM Solutions stock price?
I bought into the stock at around 29EUR after the deal with GE was dropped. Today its trading at below 7EUR... Im still holding, and I consider adding now to lower my average price, but I have no clue whats going on. I see that sales and revenue is disappointing and below expectations, but does this mean that they have no future, or simply that they are going through a rough time?
Is it a matter of making bad moves e.g. focusing on speed, build size, surface finish, range of materials, etc. - and getting outmaneuvered by competitors who make better moves?
Or is it a matter of betting on a doomed technology?
It seems that SLM solutions are betting on print speed, working on a new printer with 12 lasers. Is that the right direction for them, given their customers?
Example: I guess print speed is unimportant for e.g. dental, while its likely absolutely critical to e.g. automotive due to component size and quantity?
It also seems that they are betting hard on the asian market - is that wise?
Let me know what you think.
Finally, congratulations on Arcam. I received money for my ARCM shares on the swedish stock exchange some time ago. I never held any AMAVF shares.
