Gooch & Housego Share Discussion Threads

[garth] 04/10/2007 07:31

That explains it then. A little leaky this year?

4 October 2007


Gooch & Housego PLC

(The "Company")


Full Year Trading Update


Gooch and Housego PLC, the specialist manufacturer of optical components and
systems, today announces a trading up-date for the year to 30 September 2007.


While market conditions in the second half of the year were more variable that
they were in the first half, we have nevertheless experienced encouraging growth
in certain sectors and this has translated into strong performances by several
of our operational units. As a result, trading for the full year is slightly
ahead of market expectations.


SIFAM Fibre Optics Limited has made a positive contribution to overall
performance since the acquisition was completed in May 2007, and the company is
already becoming integral to our plans to develop future products and markets.


Significant progress has been made on the construction of our new facility in
Ilminster, which remains on target for completion by the end of the calendar
year.


The senior management team has been strengthened in the last few months with the
appointment of a Vice President, Sales, and the influx of experience from SIFAM.
We are now well-advanced with the establishment of a global sales and marketing
organisation, which is an intrinsic part of our group-wide reorganisations.

[garth] 02/10/2007 22:07

20p eps puts them on 25x and showing good growth. Need to check forecasts....

[ajrolfe] 02/10/2007 21:59

yes but only you and I have noticed. Not true, quite a few sells for this share but also buys. Why the rise?

[garth] 02/10/2007 09:32

That's £5 hit yesterday.

[garth] 29/9/2007 11:09

Back up to multi-year highs and knocking on £5 :0)

G.

[f880gna] 17/8/2007 00:15

Looks like they judged it pretty well! Not a good message though considering they have only 10,000 shares each.

[mw8156] 11/8/2007 13:17

Disappointing that the directors did not seek to hold some of their option shares.

[garth] 05/7/2007 07:17

Taken out at £6 a share would have a certain symmetry to it...... I'd rather wait for £10 though ;0)

G.

[garth] 04/7/2007 16:31

Well, someone is interested!

[mangal] 04/7/2007 16:05

Has been rising recently & broken out. something afoot?

[miked500] 04/7/2007 16:01

rising nicely! anyone still interested?

[mangal] 05/6/2007 16:09

Isn't this a takeover target any longer?

[walthera] 05/6/2007 13:38

Hello Stef.

I don't think you'd be wrong to come back on the shareholders list again.
I picked up a further 1,000 a little over a month ago at 430p and will be happy to tuck them away and will be even happier when the profits start rolling in from the expanded production facilities due for completion later this year and not too far from where I write this message!

Walt.

[stefield] 05/6/2007 12:09

hi walt & garth
beat me on both counts !!!
in at 75p and out at 180p :(
anyway, i still look in from time to time and am very happy for the company and you guys who stayed with it.

[walthera] 05/6/2007 12:00

A solid little company confirming that it is on the right lines and going places as it continues to acquire and expand within its means.

Happy to have come in at 71.25p in 2002 and added regularly. Pity the shares are not in my ISA!!!!!!

[garth] 05/6/2007 09:48

Revenue only up a tad but a big rise in EPS announced this morning...

[garth] 14/5/2007 15:17

Just can't resist this one I'm afraid. For old timers who remember Mr Gooch's optical/acoustic switch in the attic ;0)

[jaspoland] 08/5/2007 12:45

Sold out recently as it was looking a bit toppy, But GHH record on buying companies has been very shrewd over the years. Great management team and I wish all still in the best of luck.

[walthera] 08/5/2007 11:01

Great news ..... no effect on the share price ....YET.
Time for a top up methinks.
W.

[garth] 08/5/2007 07:36

They are really going for it aren't they:

RNS Number:1863W
Gooch & Housego PLC
08 May 2007


For immediate release 8 May 2007




Gooch & Housego PLC


Acquisition of SIFAM Fibre Optics Ltd


Gooch & Housego PLC, the specialist manufacturer of optical components and
systems, today announces that it has acquired 100% of the issued share capital
of SIFAM Fibre Optics Ltd ("SIFAM") for a consideration of #5.0 million.


SIFAM is the global technology leader in fused fibre technology. It manufactures
a broad range of passive and active fibre optic components, and integrated
modules and systems incorporating fibre optics, sources, detectors and
associated electronics. The principle markets addressed by SIFAM are
telecommunications, biomedical, industrial and aerospace and defence. SIFAM is
the market leader in high-reliability fused fibre products for submarine
telecommunications applications.


SIFAM Fibre Optics Ltd was founded in 2002 following a management buyout of JDS
Uniphase UK Ltd.


SIFAM occupies modern, well-equipped facilities in Torquay, Devon, where it
employs 93 people engaged in research and development and low-volume
manufacturing of specialised products and systems. Higher volume products, for
example those for terrestrial telecommunications applications, are out-sourced
to a manufacturing partner in the Czech Republic.


For the 12 months ended 30th September 2006, SIFAM had audited revenues and
profit before tax of #3.9 million and #0.22 million respectively. The
consideration of #5.0 million was satisfied by a combination of cash and shares
in Gooch & Housego PLC, with the management shareholders taking shares. All
members of the management will continue with the business. We expect the
acquisition to be earnings enhancing in the first year.


Gareth Jones, Chief Executive of Gooch & Housego, commented:


"SIFAM has an experienced management team, a capable workforce and a world-class
product range. The fit with Gooch & Housego in terms of products, technologies
and markets is excellent.


For Gooch & Housego, the addition of an in-house fibre optics capability will
allow us to extend our product range and address new applications and markets.
In SIFAM we have not just acquired a capability in this field; we immediately
become a world leader in several key aspects of the technology.


Looking forward, there is a high degree of convergence between the technologies
and products that Gooch & Housego has identified in its roadmap, and those that
SIFAM is active in. For example, the industrial and medical laser market is very
important to Gooch & Housego, and fibre lasers is the fastest growing sector of
this market. SIFAM is a key supplier to all of the world's leading fibre laser
manufacturers, and I would expect further products to result from a programme of
joint development with Gooch & Housego.


Similarly, in the biomedical and life sciences arena, the activities of both
businesses are highly complementary. We now have the ability to address a number
of exciting new opportunities in the fields of microscopy and diagnostic
instrumentation by combining the technologies and resources of Gooch & Housego
and SIFAM."


This transaction is a substantial transaction under Rule 12 of the AIM Rules for
Companies (the "AIM Rules).


This announcement is made in accordance with Rule 12 and Schedule 4 of the AIM
Rules.

Contacts:

Gareth Jones, Chief Executive Officer 01460 52271
Tim Thompson / Susanna Gale, Buchanan 020 7466 5000
Communications
Scott Richardson-Brown, Oriel Securities Ltd 020 7710 7600

[walthera] 14/2/2007 12:13

Here is the Trading Statement.
Looks like we are in for more of the same i.e. onwards and upwards but in a more streamlined and efficient environment.
W.


For Immediate Release 14 February 2007

Gooch & Housego PLC
(The "Company")

Progress Update for the Annual General Meeting

Gooch and Housego PLC, the specialist manufacturer of acousto-optic and
electro-optic devices, precision optical components, crystals, instruments for
measuring optical radiation and hyperspectral imaging systems, today announces a
progress up-date.

Market conditions have continued to be favourable and trading for the first four
months of the year is at expected levels.

The reorganisation of our optoelectronic materials and components businesses is
progressing well and is on target to be completed by the end of the financial
year. Internal changes to business processes, IT systems and management
structure are currently being implemented and will yield improved efficiency.
Additionally, by operating as a unified and re-branded business, we are
establishing greater market presence that is allowing us to support our
customers more effectively. Overall, the objective is to create a structure
capable of sustaining growth, both organically and by acquisition.

ChromoDynamics Inc is on target to launch its first product, a spectral imaging
system for use in microscopy, in the second quarter of the year. It will find
applications in biomedical research in commercial laboratories, hospitals and
universities. In parallel, the company is continuing to investigate applications
of the system in medical diagnostics for the early detection of disease.

The first phase of the new factory development in Ilminster, UK, comprising
renovation work, flood defences and demolition work, has been completed. Work on
the final phase, construction of a new purpose built manufacturing facility, has
commenced and all UK manufacturing and corporate activities will be relocated to
the new facility by the end of 2007. The sale of the existing premises in
Ilminster has been agreed and contracts exchanged.

In summary, Gooch & Housego is where it expected to be at this point in the
year.

For further information, please contact:

Gareth Jones, Chief Executive Officer 01460 52271

Buchanan Communication Ltd
Tim Thompson/Susanna Gale 020 7466 5000

Oriel Securities Limited
Andrew Edwards 020 7710 7600



This information is provided by RNS
The company news service from the London Stock Exchange

[mangal] 08/2/2007 13:23

Good to see the rise today; have been waiting for this a long time. Should soon appear in the top %-risers & get more noticed.

[garth] 08/2/2007 12:18

Nice staircase formation developing - is that MM's 'walking it up'? ;0)

[jaspoland] 08/2/2007 12:05

Hoping for a trading statement within the next 2 weeks if last year is anything to go by.

[kingsize] 08/2/2007 12:00

At this rate, jaspoland, you will get there in a very rapid "medium" term indeed. Up 17% since the last meaningful news in November. Not that I'm complaining; since I bought my first lot of these at 375 on the way down towards 100 it has ben something of a roller coaster ride.