Andor Technology Share Discussion Threads

[battlebus2] 11/6/2012 18:54

Nice to see a little recovery today.

[cornishman33] 11/6/2012 14:14

I don't like profit warnings, so I took advantage of today's rise and sold out at a modest profit. I have had these for 2 years and had intended keeping them for the long term. If TCN have a dip I will increase my holding there, after great results today.

[silverbackalpha] 11/6/2012 08:20

I read a article about their far east operartions, which are apparently going great guns. They have over 30 staff there.

Would be the nice to see some director buying.

[battlebus2] 08/6/2012 13:43

Yep 2013 forecast from memory. Not able to view it again as it was on another registered users computer and he's gone for the weekend.

[essentialinvestor] 08/6/2012 13:38

Is that 13x on the new forecasts?.

[battlebus2] 08/6/2012 11:03

Down to 13 from 18

[essentialinvestor] 08/6/2012 10:56

Forward PER?.

[battlebus2] 08/6/2012 10:53

Investec have reduced their target though still advising to hold.
Andor Technology PLC 07/06/12 15:44
Retains

550.00 450.00

[essentialinvestor] 08/6/2012 10:51

Stop me if this is incorrect, AND is selling on approx 16X historic with
this morning's fall.

With yesterdays warning, will they do the same again this year,
any growth at all?.

Looks on the high side still if this is the case, the premium rating
will be gone for a while, all just imv.

[essentialinvestor] 08/6/2012 10:27

Anyone have the 2012 PER on the reduced forecasts?.

[silverbackalpha] 08/6/2012 08:54

Its clearly an overreaction given the emerging market business has been growing so rapidly and it was the US orders which hit the company.

This is a buying opportunity, becasue a niche business like this with plenty of cash, dominant market position and also improved product range for H2, and a very long term growth track record, dont come about very often.

Pick your poison but directors will be picking this stock up IMO as will institutions.

I am suprised by the reaction becasue the earlier trading statement actually identified this slowdown in the US.


nothing structurally wrong with this business, even in an economic depression.

[pwhite73] 08/6/2012 08:20

battlebus2 8 Jun'12 - 08:12 - 277 of 277

"PW i've heard your negative comments on various bulletin boards but i have to say that statement has to be your stupidest. Do us a favour and don't come back till we are trading in pennies."

Ok, I'll see you sometime next week.

[battlebus2] 08/6/2012 08:12

PW i've heard your negative comments on various bulletin boards but i have to say that statement has to be your stupidest. Do us a favour and don't come back till we are trading in pennies. Druinsky that was before it had established itself into the current business. As essential investor said we all knew they were suffering a sales decline in the USA but this is temporary and staff have been dispatched to rectify the problem. As ever this will take time. Meantime a buy now should reward in time imv.

[druinsky] 08/6/2012 07:49

i remember it was 90p

[pwhite73] 07/6/2012 22:49

This stock will be in pennies before long. Salvage what you can.

[essentialinvestor] 07/6/2012 22:22

In fairness if you read the previous statement I thought they were
very clear on potential risks.

[craffert] 07/6/2012 22:06

hmmm. time to digest the new world of andor. They survived the 2008 global downturn unscathed, so I am a bit perturbed that growth is skidding in 2012's global economic woes. Something doesn't ring true.

[battlebus2] 07/6/2012 18:43

While it is now apparent that the second six months will be more challenging than originally thought, our investments have put in place all of the building blocks to support our strategic plans and I believe we remain in a strong position to continue to deliver long term value to shareholders."

I will continue to hold and may add given the structure they have in place for expansion although growth may take longer than expected but with all that cash and a creative management it will happen imv.

[stegrego] 07/6/2012 18:32

Very naughty releasing mid lunch.

This used to have a premium rating of over 20x per.

I can't see how this can now be maintained, although it is an insti favourite and they are daft enough to keep it up.

However in reality I think it should be on a max of 12 x and assume eps is slightly better than last year, gives 23p.

Max price 276p.

Having said that, they have a great growth record and this could be a blip. Also it's difficult to quantify how much they are going to miss by.

[liam1om] 07/6/2012 17:07

Slap bang in the middle when most are at lunch aswell, they have obviously tried to hide it as much as possible.

[honiton] 07/6/2012 16:42

why release in afternoon? why not 7 am? odd??

[silverbackalpha] 07/6/2012 15:17

Massive miss this, for a growth stock, now slowing. Margins were maintained but orders and demand in the US down. This is the start of a downtrend I think becasue all the economies are now weakenining.

[lennonsalive] 07/6/2012 13:56

Sneaky putting this out in the afternoon.