||EPS - Basic
||Market Cap (m)
|Electronic & Electrical Equipment
Real-Time news about Andor Tech (London Stock Exchange): 0 recent articles
|piedro: alter ego, I was thinking the same and Andor's announcement confirms their discontent ...
The Board of Andor is disappointed that, having only made the indicative proposal on 8 November, Oxford Instruments has chosen to make today's announcement, which the Board of Andor considers to be premature and unhelpful in light of ongoing discussions. Given the level of uncertainty and conditionality, the Board of Andor felt that it could not properly consider the proposal, but it did confirm to Oxford Instruments that it remained willing to continue discussions to explore whether a definitive, acceptable offer might be found that was in the interests of Andor shareholders.
re: OXIG share price, is not the rise due to the Interim Results?|
|cambium: StockMarketWire.com - Andor Technology expects its full-year results to exceed current market forecasts.
Andor said that following the following the tragic events in Japan, all its staff were safe and well.
Andor said its direct operations had been unaffected and staff had resumed full duties.
It added: "We source a small number of parts from Japan and to date we have not experienced any delays in the supply chain.
"We expected around 13% of our revenue to come from the region this year and our forecasts for growth were modest."
But Andor said it was unclear how the Japanese economy will be affected over the medium term and the company would keep the situation under continuous review.
Looking forward to the full-year results, Andor said it has a strong order book and a healthy sales pipeline which leads it to believe earnings will grow in advance of current expectations.
It adds: "We remain cautious about the potential impact on margins of currency volatility and a changing sales mix.
"That said, further product launches are planned and we have momentum in the market that the board believes will see us complete the year strongly."
At 8:08am: (LON:AND) Andor Technology share price was +28.63p at 423.5p
Story provided by StockMarketWire.com
|m.t.glass: Share price broken sharply upwards just now. Nice ;o)|
|cfro: Great to see all those insti's topping up ! ;-)
IMO AND should trade on a much higher multiple than it curently does. A PE of 25 say and with next years earnings of 19.8p (which will probably be beat imo) would put us on a share price of £4.95.
Should see a run-up pre results.|
|m.t.glass: Especially as market expectations (as evidenced in share price performance to date) were already strong.|
|m.t.glass: Share price has doubled in 5 months.|
|craftyspeculator: growth continues unabated at this company...what recession! The company is still cheap given its astonishing growth rate...particularly for sales in emerging markets (China sales up 71%!)
Market cap this morning £52mn. Net cash £9mn. Enterprise Value £43mn. Cashflow generated for 6 months £4mn. Annualised = £8mn. EV/EBITDA of 5.375x for a fast growing company this is way too low.
Operating profits are growing by 50%-85% PER ANNUM. Discount that to the lower end of the range -50% growth rate for the next year, and using an EV/EBITDA ratio of 8 (more typical of high growth software companies) I get a share price target of £3.91|
|masurenguy: Marlborough Special Situations manager Giles Hargreave is impressed by AIM's recent performance but notes that the index slowed substantially in the fourth quarter of 2009. He picks out e-payments specialist DataCash Group PLC (DATA), wound care producer Advanced Medical Solutions Gro (AMS) and miniature commercial digital camera producer Andor Technology PLC (AND) as three AIM stocks that could benefit from continuing share price and profit growth. Advanced Medical and Andor Technology are both companies with strong balance sheets and all three stocks have net cash positions and no debt, as well as being able to continue to grow their revenue streams.'
|craffert: and not one PI has noticed how good this company has performed...institutions have noticed though, and seem to be stake building slowly. The share price is creeping up every day since results. I got lucky with my timing for once - I bought in on results day at 67p so happy to be invested here for the first time, but for a long time.|
Andor Technology (Buy, Current Price £1.01)
Under the microscope.
Analyst: Philip O'Sullivan
This morning we are releasing a detailed note on Andor Technology. The company has made solid progress since its establishment in 1989. Its CAGR in sales is 35% over the past 8 years, while it has been profitable over the same period. Its recent interims showed the company is maintaining this momentum, with sales ahead by 23% yoy while retained profits climbed 66% to £0.5m. While this increase in profits was flattered by the disruption linked to its move to a new manufacturing facility in 2005, we feel that the company is well placed to make further progress in the years ahead. Our expectation of adjusted EPS growth of c.25% in FY07 and FY08 is based on new product launches, new sales offices, a strong management team and its impressive track record to date. Added to this, Andor has signalled that it will be playing a role in the ongoing consolidation of the industry, which will create new opportunities going forward. Due to the positive outlook for Andor, we feel that the share price can grow by at least the rate of growth in adjusted EPS in 2007 and 2008, and as a result are upgrading our recommendation to Buy with a share price target of £1.30.|
Andor Technology share price data is direct from the London Stock Exchange